scholarly journals E-Commerce on the Success of Micro, Small and Medium Enterprises

2021 ◽  
Vol 6 (2) ◽  
pp. 222
Author(s):  
A Riyanto ◽  
M Khairi ◽  
R H Asmara ◽  
H Saputra
Keyword(s):  
Small And Medium Enterprises ◽  
Business Success ◽  
Market Penetration ◽  
Micro Scale ◽  
Analysis Process ◽  
Study Results ◽  
New Business ◽  
Medium Enterprises ◽  
The Cost

This study aims to analyze the role of e-commerce in business success in the meta-measure path. E-Business is a new business model that provides significant benefits such as savings in the cost of fast execution of business transactions and encourages the globalization of business activities, thereby removing barriers to market penetration. E-Business is developed in large companies and creates in Micro, Small, and Medium Enterprises (SMEs). Small and Medium Enterprises (SMEs) are an essential part of a country or region's economy, including Indonesia. The method used is a qualitative analysis method with case studies. This study uses four micro-scale entrepreneurs who use e-commerce in carrying out their business activities as research objects. The analysis process is carried out based on e-commerce in Small and Medium Enterprises (SMEs) in Bandung. This picture is obtained through direct interviews with the object of research. Based on the study results, it can be concluded that, in general, e-commerce has a role that can help uses four micro-scale entrepreneurs in improving their business development. The results of the analysis also explain that the four micro-scale entrepreneurs persist in using e-commerce.

scholarly journals The Influence of Entrepreneurship, Creativity and Business Location on Business Success

2021 ◽  
Vol 2 (1) ◽  
pp. 51
Author(s):  
Alkusani Alkusani ◽  
Rida Ilmafa'ati
Keyword(s):  
Quantitative Method ◽  
Small And Medium Enterprises ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Business Success ◽  
Significance Level ◽  
Business Location ◽  
Entrepreneurial Spirit ◽  
Medium Enterprises

Micro, small and medium enterprises (UMKM) is one important part of the economy of a country or region. This important role has encouraged many countries including Indonesia to continue to develop UMKM. Although small in scale the number of workers, assets and turnover, but because of the large enough amount, the role of UMKM is quite important in supporting the economy. The success of UMKM is a factor supporting the improvement of various businesses, both micro, small and medium enterprises, especially in Gresik City. This study aims to determine the effect of entrepreneurial spirit, creativity and business location on the business success. of UKM. The method used in this research is quantitative method, the population of this research is 51 UKM. The analysis techn ique used is multiple linear regression analysis followed by t test with significance level 0,05. The results showed that the entrepreneurial spirit , creativity and business locat ions individually and simultaneous significantly affect the business success.

scholarly journals “The Role of MSMEs in the Restitution and Development of the Indonesian Economy”

2021 ◽  
Author(s):  
Vincent Indrakusuma Loanoto
Keyword(s):  
Corporate Governance ◽  
Small And Medium Enterprises ◽  
Digital Era ◽  
Good Corporate Governance ◽  
New Business ◽  
Medium Enterprises

In this Covid-19 era, many companies are required to run new business platforms, but many of these companies are not able to keep up with the growing business trends. Of course, in anticipating changes in the competitive climate in the digital era, companies can carry out transformation programs and also implement good corporate governance values to avoid the dangers and risks of failure. This research uses a case study that focuses on efforts to foster Medium, Small and Medium Enterprises (MSMEs) that contribute to improving the Indonesian economy.

Spatial Dynamic Modeling for Increasing the Competitiveness of Small Medium Enterprises

2020 ◽  
pp. 16-30
Author(s):  
Hartrisari Hanggoro Hardjomidjojo ◽  
Harry Imantho ◽  
Anissa Damayanti
Keyword(s):  
Economic Activity ◽  
Spatial Model ◽  
Local Governments ◽  
Small And Medium Enterprises ◽  
Business Development ◽  
Market Penetration ◽  
Strategic Program ◽  
Small Medium Enterprises ◽  
Medium Enterprises

The Role of Small and Medium Enterprises (SMEs) in supporting Indonesian economic activity are significant. SMEs face many obstacles in their business development. Empowerment of SMEs in Bogor by local governments carried out in conjunction with the Department of Cooperatives and SMEs. This study establishes the spatial model design of SMEs in Bogor area to improve the competitiveness of products in Bogor city. The analysis shows that SMEs in Bogor city is still in the phase of development, market penetration, and also product development. The model shows the average performance index of SMEs in Bogor is only 62.29, 19 among 41 have index values about 50. From the competitiveness analysis, authors could see that among 41 SMEs can be categorized in 4 quadrants. Strategic program could be developed based on the position in the quadrant. It can be concluded that in general SMEs in Bogor city have not been ready for internationally competition. Government should develop specific strategy for each SMEs based on the quadrant position defined by the model

scholarly journals Role of Information System Strategies, Business Intelligence and Analytics used to Enhance Firm Performance: Mediating role of Innovation Ambidexterity

2021 ◽  
Vol 1 (2) ◽  
pp. 13-24
Author(s):  
Tahir Ahmad ◽  
Altaf Akbar
Keyword(s):  
Information System ◽  
Firm Performance ◽  
Business Intelligence ◽  
Least Squares Method ◽  
Small And Medium Enterprises ◽  
Business Success ◽  
Mediating Role ◽  
Medium Enterprises ◽  
Partial Least Squares Method

The objective of this research is to examine the aspects of Information System (IS) strategies, Business Intelligence, and Analytics (BI&A) used to enhance firm performance. The main purpose of this study is to assess the influence of IS strategy, BI&A impact on firm performance as well as to demonstrate the association of innovation ambidexterity between BI&A and firm performance. Statistically analyzed results were based on data obtained from a survey questionnaire filled out by 322 Indonesian, China, Japan, and Malaysian Small and Medium Enterprises employees. The findings revealed that IS strategies, business intelligence, and analytics use have a significant influence on firm performance. The findings also revealed that innovative adaptability is a mediating factor in the favourable relationship between BI&A use and business success. All of the hypotheses were supported and the partial least squares method was used to test them.

scholarly journals KAJIAN PERANAN ORIENTASI WIRAUSAHA DAN INOVASI PRODUK TERHADAP KEBERHASILAN USAHA UMKM DI KOTA MALANG

2019 ◽  
Vol 13 (1) ◽  
pp. 49
Author(s):  
Ita Rifiani Permatasari ◽  
Ayu Sulasari
Keyword(s):  
Young People ◽  
Entrepreneurial Orientation ◽  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Business Success ◽  
The Subject ◽  
Quantitative Descriptive ◽  
Medium Enterprises ◽  
Research Analysis

This study aims to examine descriptively the role of factors in business success, namely the Entrepreneurial Orientation and Product Innovation variables for Business Success, with the subject of Micro, Small and Medium Enterprises (UMKM) focusing on the culinary field in Malang. This study involved 100 UMKM engaged in the Culinary field in Malang. Research analysis using quantitative descriptive methods, to analyze the role of the Entrepreneurial Orientation and Product Innovation variables on business success. The results showed that the majority of Culinary UMKM owners were young people, with a maximum age of 35 years totaling 66 people (66%), with high school education, 99 people as a graduate or 99%, meaning that young people with higher education had no doubt. choose to become an entrepreneur as a choice of profession. The description of the entrepreneurial orientation illustrates that most of the culinary UMKM, already have a good entrepreneurial orientation. The results of the assessment of product innovation variables illustrate that culinary UMKM do have a good understanding of the importance of product innovation. The assessment results of business success illustrate that the majority of culinary UMKM entrepreneurs believe that the ongoing business already has quite high success.

scholarly journals Impact of Digitalization on the Speed of Internationalization

2019 ◽  
Vol 12 (4) ◽  
pp. 1 ◽  
Author(s):  
Yan-Yin Lee ◽  
Mohammad Falahat ◽  
Bik-Kai Sia
Keyword(s):  
International Business ◽  
Business Models ◽  
Small And Medium Enterprises ◽  
Research Direction ◽  
Theoretical Development ◽  
Future Research ◽  
New Business ◽  
Medium Enterprises ◽  
The Impact

Digitalization combined with globalization is the current megatrend that impacting the international business landscape and creates opportunities for new business models. Embracing digitalization enables firms for speedy internationalization. Although the phenomenon of early internationalization has received increasing attention in the field of International Entrepreneurship over the past decades, however, there is a lack of focus on the role of digitalization that allows a higher speed of internationalization. This paper proposes a model that highlights the moderating role of digitalization on international business competencies and speed of internationalization. We argue that small and medium enterprises able to enter international markets more rapidly due to the impact of digitalization. This study addresses a gap in the literature and practical development needs for better understanding the impact of digitalization on the speed of internationalization. The limitations and implications of this study will be discussed for theoretical development and future research direction.

scholarly journals Moderating role of social capital on the effect of financial behavior on financial inclusion

2021 ◽  
Vol 19 (3) ◽  
pp. 502-512
Author(s):  
Chike Onodugo ◽  
Ifeoma Onodugo ◽  
Anastasia Ogbo ◽  
Henry Okwo ◽  
Charles Ogbaekirigwe
Keyword(s):  
Collective Action ◽  
Financial Services ◽  
Small And Medium Enterprises ◽  
Financial Inclusion ◽  
Policy Implications ◽  
Financial Behavior ◽  
Financial Behaviors ◽  
Study Results ◽  
Medium Enterprises

The need for improved institutional interventions aimed at increasing access to financial services by small and medium enterprises (SMEs) has been emphasized. Complimenting these efforts, this study proposes that building social networks capable of informing requisite financial behaviors would facilitate the financial inclusion of SMEs co-existing in business clusters. This study aimed to empirically test the moderating influence of collective action, bonding, trust, and bridging on the effect of financial behavior on financial inclusion. Using a sample of 311 owners/managers of small and medium scale businesses in sub-urban clusters in South-Eastern Nigeria, the hierarchical moderated regression analysis was used to test the hypotheses of the study. Results show a positive main effect of financial behavior on financial inclusion (βf = 0.162; t (304) = 1.503; p < 0.05). Also, collective action (βfca = 0.201; t (304) = 6.906; p < 0.05) and bridging (βfbr = 0.201; t (304) = 6.906; p < 0.05) had positive moderating effects, bonding (βfb = 0.032; t (304) = 1.423; p > 0.05) and trust (βft = 0.014; t (304) = 0.9609; p > 0.05) were statistically insignificant. For policy implications, social virtues such as bridging and collective action are more veritable tools for financial inclusion than the personal virtues of trust and bonding and should be factored into economic and social intervention being deployed by institutions interested in meeting the banking/financial needs of businesses.

scholarly journals ROLE OF ENTREPRENEUR’S COMPETENCE ON GROWTH OF SMALL AND MEDIUM ENTERPRISES

2021 ◽  
Vol 3 (2) ◽  
pp. 84-96
Author(s):  
Fred Gichana Atandi
Keyword(s):  
Small And Medium Enterprises ◽  
Resource Mobilization ◽  
Economic Life ◽  
P Value ◽  
Market Place ◽  
Entrepreneurship Policy ◽  
Cross Sectional ◽  
Study Results ◽  
Medium Enterprises

The study endeavored to determine the role of entrepreneur’s competence on growth of small and medium enterprises. The specific objectives of the study were to; establish entrepreneur’s competence small and medium enterprises in Bungoma County, examine the growth of small and medium enterprises in Bungoma county and to determine the relationship between entrepreneur’s competence and growth of small and medium enterprises. The study used a combination of descriptive, cross-sectional and correlation research designs and data was gathered using a self-administered questionnaire on 201 SMEs. Data was analyzed using descriptive and inferential statistics. The resource-based theory was used to guide this research. The study findings indicated that the grand mean for entrepreneur’s competence was low with a mean of 2.23 with a SD of 0.50. The implications of the findings is that SMEs operators in Bungoma county lack the prerequisite entrepreneurial skills and knowledge  affecting their growth save for resource mobilization. It was also found that the grand mean for growth of SMEs was low with a mean of 1.96 and SD of 0.58. The implication of the findings was that SMEs  were performing dismally  affecting their graduation/transition  to the next higher level. The study results also found that there was a significant relationship between entrepreneur’s competence and growth of SMEs with p. value 0.000. The study concluded that SMEs should embrace relevant competence skills to enable them operated growth oriented enterprises which can graduate to higher levels thereby contributing to improved social and economic life of the operators and the nation at large. The study recommended that owner managers of SMEs to attend trainings on resource mobilization and innovation so as to acquire adequate resource mobilization and innovation skills and differentiate themselves in the market place to grow their enterprises. The study further recommended that government to put in place entrepreneurship policy to nurture business startups through mentorship, motivation and attitude change as they walk through entrepreneurship journey. Keywords: Entrepreneur’s Competence, Growth, Small and Medium Enterprises

scholarly journals The Role of MSMEs in the Restitution and Development of the Indonesian Economy

2021 ◽  
Author(s):  
Vincent Indrakusuma Loanoto
Keyword(s):  
Corporate Governance ◽  
Small And Medium Enterprises ◽  
Digital Era ◽  
Good Corporate Governance ◽  
New Business ◽  
Medium Enterprises

In this Covid-19 era, many companies are required to run new business platforms, but many of these companies are not able to keep up with the growing business trends. Of course, in anticipating changes in the competitive climate in the digital era, companies can carry out transformation programs and also implement good corporate governance values to avoid the dangers and risks of failure. This research uses a case study that focuses on efforts to foster Medium, Small and Medium Enterprises (MSMEs) that contribute to improving the Indonesian economy.

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