scholarly journals An Intelligent System to Ensure Interoperability for the Dairy Farm Business Model

2021 ◽  
Vol 13 (6) ◽  
pp. 153
Author(s):  
Adina Cretan ◽  
Cristina Nica ◽  
Carlos Coutinho ◽  
Ricardo Jardim-Goncalves ◽  
Ben Bratu
Keyword(s):  
Intelligent System ◽  
Small And Medium Enterprises ◽  
Dairy Farm ◽  
Medium Size ◽  
Domain Experts ◽  
Multiple Partners ◽  
Challenging Tasks ◽  
Collaborative Negotiation ◽  
Medium Enterprises ◽  
Farm Business

Picking reliable partners, negotiating synchronously with all partners, and managing similar proposals are challenging tasks for any manager. This challenge is even harder when it concerns small and medium enterprises (SMEs) who need to deal with short budgets and evident size limitations, often leading them to avoid handling very large contracts. This size problem can only be mitigated by collaboration efforts between multiple SMEs, but then again this brings back the initially stated issues. To address these problems, this paper proposes a collaborative negotiation system that automates the outsourcing part by assisting the manager throughout a negotiation. The described system provides a comprehensive view of all negotiations, facilitates simultaneous bilateral negotiations, and provides support for ensuring interoperability among multiple partners negotiating on a task described by multiple attributes. In addition, it relies on an ontology to cope with the challenges of semantic interoperability, it automates the selection of reliable partners by using a lattice-based approach, and it manages similar proposals by allowing domain experts to define a satisfaction degree for each SME. To showcase this method, this research focused on small and medium-size dairy farms (DFs) and describes a negotiation scenario in which a few DFs are able to assess and generate proposals.

scholarly journals Women’s Economic Empowerment in Vietnam: Performance and Constraints of Female-Led Manufacturing SMEs

2021 ◽  
Vol 14 (6) ◽  
pp. 255
Author(s):  
MinhTam Bui ◽  
Trinh Q. Long
Keyword(s):  
Labor Productivity ◽  
Small And Medium Enterprises ◽  
Manufacturing Sector ◽  
Value Added ◽  
Medium Size ◽  
Formal Sector ◽  
Firm Level ◽  
Average Value ◽  
Significant Difference ◽  
Medium Enterprises

This paper identifies whether there was a performance difference among micro, small and medium enterprises (MSMEs) led by men and by women in Vietnam during the period 2005–2013 and aims to provide explanations for the differences, if any, in various performance indicators. The paper adopts a quantitative approach using a firm-level panel dataset in the manufacturing sector in 10 provinces/cities in Vietnam in five waves from 2005 to 2013. Fixed effect models are estimated to examine the influence of firm variables and demographic, human capital characteristics of owners/managers on firms’ value added, labor productivity and employment creation. We found that men led MSMEs did not outperform those led by women on average. Although the average value added was lower for female-led firms in the informal sector, the opposite was true in the formal sector where women tend to lead medium-size firms with higher value added and labor productivity. The performance disparity was more envisaged across levels of formality and less clear from a gender perspective. Moreover, while firms owned by businessmen seemed to create more jobs, firms owned by women had a higher share of female employees. No significant difference in business constraints faced by women and by men was found.

scholarly journals The bank approach to a credit obligor – a farm business – in the context of credit risk and capital adequacy

2012 ◽  
Vol 48 (No. 9) ◽  
pp. 395-398
Author(s):  
H. Sůvová
Keyword(s):  
Credit Risk ◽  
Small And Medium Enterprises ◽  
Capital Adequacy ◽  
Financial Risks ◽  
Agricultural Enterprises ◽  
Bank Management ◽  
New Basel Capital Accord ◽  
Bank For International Settlements ◽  
Medium Enterprises ◽  
Farm Business

The objective of this paper is to enable a bank’s view towards a credit obligor. Banks are subject to a lot of financial risks. Credit risk is the most important one. Banks also have to manage the objective of maximum profit on one hand, the prudential rules on the other hand. Recently, the Bank for International Settlements submitted a new concept of prudential rules (The New Basel Capital Accord) that should be accepted by national regulators and applied from 2006/7. This concept brings relatively strict conditions which should improve bank management of credit risk but which are unpleasant for loaning of small and medium enterprises including agricultural ones that are mostly part of this category. Very important role will be still played by non-market supporting instruments, especially guarantees provided by sovereigns. They can improve the competitiveness of agricultural enterprises in the credit market.

scholarly journals Knowledge Management Capabilities and Its Impact on Product Innovation in SME’s

2016 ◽  
Vol 9 (6) ◽  
pp. 76 ◽  
Author(s):  
Mahmoud Saleh Malkawi ◽  
As'ad H. Abu Rumman
Keyword(s):  
Knowledge Management ◽  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Medium Size ◽  
Six Dimensions ◽  
Medium Enterprises ◽  
Knowledge Management Capabilities ◽  
Management Capabilities ◽  
The Impact ◽  
The Relationship

<p><strong>Purpose</strong>–This study aims to explore the impact of Knowledge Management Capabilities (KMC), captured by six dimensions, on product innovation in Information Technology (IT) Small and Medium Enterprises (SMEs).</p><p><strong>Design/methodology/approach</strong>– Survey data were collected from 300 managers in (45) IT SMEs located in Jordan. SPSS was employed to analyze the data.</p><p><strong>Findings</strong>–Two key findings emerged: first, among the six dimensions of KMC, only acquisition, sharing, application, and protection were found to be positively associated with products innovation, whereas knowledge creation and storing were not. Second, no significant differences were identified in employees' answers due to company size.</p><p><strong>Research limitations/implications</strong> – This study was restricted to small and medium size enterprises, and therefore, the findings of this study may not be generalized to large enterprises. Additionally, this study was confined to the Jordanian IT sector only, thus, the findings need to be interpreted with cautious as they may not be generalized to other sectors.</p><p><strong>Originality/value</strong> – this study advances our understanding of the nature of the relationship between knowledge and innovation.</p>

scholarly journals Factors Influencing The Internationalization Of Small And Medium Size Enterprises

2011 ◽  
Vol 7 (12) ◽  
Author(s):  
Cranmer Rutihinda
Keyword(s):  
Small And Medium Enterprises ◽  
Foreign Market ◽  
Industry Structure ◽  
Market Potential ◽  
Medium Size ◽  
International Networks ◽  
International Orientation ◽  
Factors Influencing ◽  
Major Factors ◽  
Medium Enterprises

This study explores the factors influencing the internationalization of small and medium enterprises located in the Eastern Townships of Quebec, Canada. Four major factors emerged from the data to explain the internationalization. The four factors include owner managers international orientation, globalisation of the firms industry structure, established international networks, and foreign market potential. Successful firms were found to have owner managers with an international orientation and established international networks.

Cyber Transportation Logistics

2010 ◽  
pp. 272-298
Author(s):  
Yupo Chan ◽  
Jaouad Boukachour ◽  
Chia-Chu Chiang ◽  
Madan Mohan Dey ◽  
Charles-Henri Fredouët ◽  
...  
Keyword(s):  
Global Economy ◽  
Small And Medium Enterprises ◽  
Consumer Products ◽  
Medium Size ◽  
Information Communication ◽  
International Borders ◽  
Competitive Disadvantage ◽  
Chinese Consumer ◽  
Medium Enterprises ◽  
Transportation Technologies

In today’s global economy, products and services are provided across international borders. The sourcing of these products and services becomes an integral part of international businesses. Information, communication and transportation technologies (ICTT) have made this job significantly more streamlined. However, there is an advantage that big companies, such as Wal-Mart, have over small and medium size ones. While the big companies have the ICTT resources to source globally at will, small and medium enterprises (SME) are much less prepared to do so, resulting in a large competitive disadvantage. By contrasting SMEs with their more successful “big brothers,” we highlight the salient ICTT features in a system architecture. This serves as a checklist for any assistance that might be rendered to SMEs and other entities in overcoming their competitive impediment. These findings are the result of numerous international workshops and conferences held in Hong Kong (the export city for a bulk of the Chinese consumer products) and in Arkansas (the headquarters of Wal-Mart).

Knowledge management as intellectual property

2016 ◽  
Vol 39 (7) ◽  
pp. 830-850 ◽  
Author(s):  
Gonzalo Maldonado-Guzmán ◽  
Gabriela Citlalli Lopez-Torres ◽  
Jose Arturo Garza-Reyes ◽  
Vikas Kumar ◽  
Juan Luis Martinez-Covarrubias
Keyword(s):  
Knowledge Management ◽  
Intellectual Property ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Medium Size ◽  
Content Type ◽  
Managerial Practices ◽  
Positive Effects ◽  
Medium Enterprises ◽  
The Relationship

Purpose The purpose of this paper is to explore the relationship between knowledge management and creation of intellectual property within the context of small and medium size manufacturing enterprises. Design/methodology/approach A hypothesis was formulated and tested using structural equation modelling. Data were collected through an instrument that was developed based on key constructs adapted from the literature and that was first validated using Confirmatory Factor Analysis. A Cronbach’s alpha test was also conducted and the Composite Reliability Index was calculated to ensure reliability of the theoretical model. The instrument was distributed among manufacturing small and medium enterprises (SMEs) in the Aguascalientes region of Mexico, from were 125 valid responses were obtained. Findings In general, the results indicate that knowledge management has positive effects on the creation of intellectual property in manufacturing SMEs. This suggests that SMEs can create more intellectual property if they dedicate more efforts to the management of knowledge. Practical implications The implication of this research and its findings may inform the strategies formulated by policy makers, and the managerial practices that manufacturing SMEs can adopt to protect their knowledge. Originality/value Evidence suggests that studies focused on investigating the relationship between knowledge and intellectual property are limited. This paper provides a refined understanding of the relationship between knowledge management and intellectual property creation.

scholarly journals Current Condition and Rules of Lean Implementation Practice in Agro-SMEs

2017 ◽  
Vol 1 (2) ◽  
pp. 64
Author(s):  
Devi Maulida Rahmah ◽  
Totok Pujianto ◽  
Irfan Ardiansah
Keyword(s):  
Lean Manufacturing ◽  
Manufacturing Industry ◽  
Negative Impact ◽  
Small And Medium Enterprises ◽  
Work Productivity ◽  
Raw Material ◽  
Value Stream Mapping ◽  
Medium Size ◽  
Management Level ◽  
Medium Enterprises

This research aims to identify current condition and rules of lean manufacturing (LM) implementation in Agro- Small and Medium Enterprises (SMEs). The current condition aspects are identification of waste, LM techniques and methods, the reason and barriers on LM implementation in SMEs. Exploring the behavior of SMEs on implementing LM which supporting to generate productivity and efficiency on production system are important to be identified. Initially, LM concept are implemented in manufacturing industry especially in automotive industry. Nowadays this concept has been implemented by other sector included Small and Medium-size Enterprise. However, it has still a few number of Agro-SMEs implementing LM concept. The data from Indonesia Statistic revealed that the proportion of SME- agro based are in the total of SME in Indonesia. It insinuated that Agro-SMEs has a significant potency for national economic if their productivity increase. LM providing chance to improve productivity and efficiency in. Many research had conducted to explore LM implementation in various sector. Unfortunately, Research on LM implementation in Agro-SMEs has still a few number.  Research was conducted in 12 Agro-SMEs around Sumedang and Bandung. Selected SMEs referring to the use of horticulture and plantation commodity as a raw material. The data collected by field observation and deep interview to the owner, management-level, and employer. The data presented through description of qualitative and quantitative analysis. The result shows that the motion becomes a dominant waste in SMEs at 30%, while over production activity contributes waste at 22%, waiting aspect at 17%, inventory at 13 %, defect and transportation at 9%. Motion generates negative impact to work productivity and effectivity, for instance increase of time consume unimportant activity at work, WIP of product, cost for labor, and cost production.  In terms of Method and techniques implemented in Agro-SME, Continuous improvement (Kaizen) and 5 S outnumbered to other methods and techniques at 50%. Other method and techniques such as Teamwork and 5Why had contributed at 41.6%, TQM and Work standardization at 33.33%, and Jidoka at 16.67% as well as Kanban system, Value Stream Mapping (VSM), and SMED 0%. In terms of the reason on implementing LM, Improving the quality of product becoming a larger proportion which affecting the LM implementation at 36%. In other hand, knowledge outnumbered to others aspect. It contributes 35% as the most barrier factor on LM implementation.

scholarly journals ERP Implementation Road Map for Small and Medium Size Enterprises (SMEs)

2020 ◽  
pp. 14-25
Author(s):  
Abdel Nasser H. Zaied ◽  
◽  
◽  
Shaimaa Mohmed
Keyword(s):  
Essential Role ◽  
Small And Medium Enterprises ◽  
Medium Size ◽  
Erp Systems ◽  
Erp Implementation ◽  
Erp System ◽  
Enterprise Resources Planning ◽  
Road Map ◽  
Medium Enterprises ◽  
Resources Planning

The definitions of small and medium enterprises (SMEs) vary from country to country and industry to industry, each country or region has their own definition which depends on who defines it and where is utilized. SMEs play an essential role in most economies, particularly in developing countries. Many large enterprises depend on SMEs (Startups) for their supply chain; thus, SMEs need to adopt Enterprise Resources Planning (ERP) systems more and more. Since ERP system adoption is a challenging project in SMEs, the main purpose of this article is to propose an ERP implementation roadmap for SMEs. This work proposes a road map for ERP implementation in SMEs. It consists of three major stages and eight phases. The paper concludes that even though ERP is important to SMEs, its implementation is challenging, and organizations must prepare adequately to get it right.

Corporate Governance in Small and Medium Enterprises

2020 ◽  
pp. 82-110
Author(s):  
Jonas Gabrielsson ◽  
Morten Huse ◽  
Carl Åberg
Keyword(s):  
Corporate Governance ◽  
Value Creation ◽  
Small And Medium Enterprises ◽  
Full Range ◽  
Production Model ◽  
Regulatory Environment ◽  
Medium Size ◽  
Corporate Governance Codes ◽  
Medium Enterprises ◽  
Governance Arrangements

The objective of this chapter is to discuss corporate governance in relation to small and medium size enterprises (SMEs). We examine the regulatory environment by reviewing corporate governance codes developed for SMEs as well as literature and research on corporate governance in SMEs. From this stance, we discuss the specificities of SMEs, including the multiple ideologies that often co-exist in these firms. Finally, the extended team production model of corporate governance is introduced. The model offers a balanced perspective on the full range of value-adding stakeholders in SMEs, and provides a set of guiding principles to improve the value creation potential of their corporate governance arrangements.

scholarly journals Assessing the Relationship between the Economic Feasibility Study and the Guarantees Provided by Small and Medium Enterprises with the Financing Decisions in Kuwait

2020 ◽  
Vol 3 (2) ◽  
pp. 34-54
Author(s):  
Yausef Alremaidhi ◽  
Abdulmajid Obaid Hasan Saleh ◽  
Anwar Hasan Abdullah Othman
Keyword(s):  
Feasibility Study ◽  
Positive Impact ◽  
Small And Medium Enterprises ◽  
Feasibility Studies ◽  
Economic Feasibility ◽  
Medium Size ◽  
Islamic Banks ◽  
Financing Decisions ◽  
Medium Enterprises ◽  
The Relationship

This paper aims to measure both economic feasibility studies and guarantees provided by small and medium size enterprises and their relationships with the financing decisions of the Islamic banks in Kuwait. The study follows the quantitative approach. It aims to assess the internal conditions by the Islamic banks toward its decisions to finance the small and medium size enterprises. The sample of this study consists of 200 employees from the credit department from the Kuwait Islamic banks. The result found a significance and positive impact of the feasibility study on the small and medium size enterprises financing decisions at (p< 0.05). In addition, it shows a significance positive impact of the provided warranties on the small and medium enterprises financing decisions at (p< 0.05). The study recommends to reduce using the guarantees provided by enterprises should rely more on the visability studies.

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