scholarly journals Revisiting Small- and Medium-Sized Enterprises’ Innovation and Resilience during COVID-19: The Tourism Sector

2022 ◽  
Vol 8 (1) ◽  
pp. 11
Author(s):  
Álvaro Lopes Dias ◽  
Inês Cunha ◽  
Leandro Pereira ◽  
Renato Lopes Costa ◽  
Rui Gonçalves
Keyword(s):  
Risk Taking ◽  
Small And Medium Enterprises ◽  
Personal Network ◽  
Online Questionnaire ◽  
Independent Variables ◽  
Tourism Sector ◽  
Extreme Factors ◽  
Medium Enterprises ◽  
Finance Risk ◽  
Depth Interviews

Every day, companies are exposed to various risks arising from their environment, and small and medium enterprises (SMEs) are the most affected. This study emphasizes innovation and resilience as the starting points to understand how SMEs are influenced by external factors which are independent of the managers’ will. To date, we have seen several extreme factors that have conditioned businesses and entrepreneurs of these types of companies, such as the financial crisis of 2008. However, last year, in 2020, we saw the beginning of a worldwide pandemic: COVID-19. Thus, this research seeks to understand the extent to which this pandemic influenced the resilience and innovation of SMEs in the tourism area. Thus, eight hypotheses were raised based on four independent variables: access to finance, risk taking, working conditions, and personal network. The study of these variables was developed from an online questionnaire and in-depth interviews. After analyzing the results, it is possible to infer that the COVID-19 pandemic resulted in consequences never observed in previous crises, to such an extent that the study showed that: (1) a company’s network positively influences its resilience; (2) risk taking influences innovation and resilience of these SMEs.

scholarly journals ANALISIS PENGEMBANGAN SEKTOR PARIWISATA KABUPATEN SUMBAWA

2021 ◽  
Vol 5 (2) ◽  
pp. 393-406
Author(s):  
Ade Dewi Yulianti ◽  
Aris Soelistyo ◽  
Setyo Wahyu Sulistyono
Keyword(s):  
Fixed Effects ◽  
Small And Medium Enterprises ◽  
Panel Data Analysis ◽  
Regional Economic Growth ◽  
Additional Source ◽  
Independent Variables ◽  
Tourism Sector ◽  
Medium Enterprises ◽  
Research Period ◽  
Research Analysis

By utilizing exotic resources, making tourism places as known as the tourism sector in Sumbawa Regency that plays an important role in regional economic growth in Sumbawa Regency, not only playing a role in the economy but also the tourism sector as an additional source of income, both regional income and influential. on per capita income, this study aims to determine the strategy in seeking the development of the tourism sector of Sumbawa Regency, hotel tax, restaurant tax, entertainment tax, number of tourist visits, Micro, Small and Medium Enterprises (MSMEs) and Tourism Sector Manpower as independent variables. how is the development of Sumbawa district in the tourism sector, where the tourism sector is in the form of tourism sector income (the contribution of the tourism sector) as the dependent variable with the 2015-2019 research period. The research analysis uses panel data analysis with the Fixed-Effects (FE) approach. The estimation results show that hotel taxes, the number of tourist visits, MSMEs, and workers receive H0, which has increased and has a positive and significant influence on Sumbawa Regency in the tourism sector.

scholarly journals Spurring entrepreneurial intensity through social capital and relationship quality

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Watson Munyanyi ◽  
Shallone Munongo ◽  
David Pooe
Keyword(s):  
Social Interaction ◽  
Relationship Quality ◽  
Risk Taking ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Empirical Literature ◽  
Online Questionnaire ◽  
Modelling Framework ◽  
Study Results ◽  
Medium Enterprises

Background: The rapid increase in the pace of globalisation has been met with increased calls for sustainability as a means to entrepreneurship development. As entrepreneurship and sustainability continue to gain recognition, entrepreneurial intensity has emerged as a critical component of the ecosystem. The entrepreneurial intensity notion conceptualised the extent and frequency of innovation, risk taking, and proactiveness within an organisation.Aim: This study investigated how social interaction and relationship quality, referred to as social capabilities, influences entrepreneurial intensity.Setting: The population comprised all small and medium enterprises (SMEs) in Zimbabwe. An online questionnaire constructed using Google Docs was posted on Masvingo centred Facebook and WhatsApp groups from 15 October 2018 to 19 December 2018.Methods: Based on an extensive review of the theoretical and empirical literature, hypotheses were formulated and then tested using the structural equation modelling framework. The study was based on a sample of 312 SMEs selected through convenience sampling, and data were collected through a self-administered questionnaire based on a five-point Likert scale.Results: The study results back the propositions that social interaction and relationship quality are strongly and positively related to entrepreneurial intensity.Conclusion: In light of the findings, several recommendations are made, but generally, to promote superior innovativeness, risk taking and proactiveness, firms must concentrate on steering up and refining their social capabilities.

EMPLOYER BRANDING OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) IN INDONESIA

2019 ◽  
Vol 4 (1) ◽  
pp. 165-174
Author(s):  
Ambara Purusottama ◽  
Teddy Trilaksono ◽  
Ari Ardianto
Keyword(s):  
Financial Constraints ◽  
Small And Medium Enterprises ◽  
Human Resources Management ◽  
Qualitative Approach ◽  
Human Resource Managers ◽  
Employer Branding ◽  
Resources Management ◽  
Resource Managers ◽  
Medium Enterprises ◽  
Depth Interviews

This study attempts to narrow the gaps that exist in the literature about branding in the context of micro, small and medium enterprises (MSMEs). The research method used is a qualitative approach through in-depth interviews with Owners, Managing Directors, and Human Resource Managers in MSMEs. The results of this study indicate that the UMKM employer branding is still limited to intention. It can be seen from the absence of programs or activities that support employer branding programs that are felt directly by their employees. This is induced by the focus of MSME businessmen who are still on fundamental issues such as financial constraints and the absence of loyal consumers. The results of this study can be used by educators or stakeholders in Indonesian MSMEs as a reference for formulating employer branding approaches and strategies that are in line with the characteristics of MSMEs in Indonesia. Keywords: Employer branding, Human resources management, Micro, small and medium enterprises

scholarly journals What Prompts Small and Medium Enterprises to Implement CSR? A Qualitative Insight from an Emerging Economy

2021 ◽  
Vol 13 (2) ◽  
pp. 952 ◽  
Author(s):  
Zengming Zou ◽  
Yu Liu ◽  
Naveed Ahmad ◽  
Muhammad Safdar Sial ◽  
Alina Badulescu ◽  
...  
Keyword(s):  
Emerging Economies ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Customer Behavior ◽  
Policy Makers ◽  
Management Commitment ◽  
Top Management Commitment ◽  
Medium Enterprises ◽  
Corporate Social ◽  
Depth Interviews

The topic of corporate social responsibility (henceforth referred to as CSR) has been a central topic during the last decade, but the majority of the existing literature discusses CSR relationship with large organizations. Whereas, its contribution in small and medium enterprises (henceforth referred to as SME) sector has received little attention. There have been some studies that focused on CSR activities in SME sector quantitatively in the context of developing economies like Pakistan, but the fact is, to date, SME sector of Pakistan is not participating actively in CSR-related activities due to some constraints. The present study is a pioneer attempt, to explore CSR barriers that restrict SME sector of Pakistan from practicing CSR initiatives. For this reason, the present study explores these barriers qualitatively in order to gain in-depth knowledge of different CSR barriers. In doing so, we conducted semi-structured in-depth interviews from 9 SMEs in Lahore city of Pakistan. We performed thematic analysis, which produced five relevant themes of CSR barriers, including: Lack of resources, lack of regulations, lack of top management commitment, lack of CSR knowledge, and passive customer behavior. Our analysis further showed that lack of resources is the most related barrier that hinder SMEs to be engaged in CSR activities. This paper contributes to CSR literature in emerging economies’ context. Through an increased awareness of barriers, policy makers and practitioners may take necessary steps to improve CSR practices in SMEs.

scholarly journals Effect of Entrepreneurial Marketing Dimensions on Small and Medium Enterprises Performance in Nasarawa State

2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Hindu Jibril Amin ◽  
Keyword(s):  
Sample Size ◽  
Value Creation ◽  
Risk Taking ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Critical Role ◽  
Entrepreneurial Marketing ◽  
Explanatory Variables ◽  
Research Population ◽  
Medium Enterprises

Entrepreneurial Marketing (EM) Dimensions play a critical role in small and medium enterprises (SMEs) performance. The extant study explored the effect of EM dimensions on the performance of SMEs operating within Nasarawa State, Nigeria. EM was conceptualized as innovativeness, risk-taking, and value creation. The research population was 1979 registered SMEs in Nasarawa state, Nigeria. The sample size was 322 which was determined using Raosoft sample size calculator. Out of 322 sets of questionnaire distributed, 136 were validly filled and returned. The data collected were analyzed using Regression Analysis technique to test the study’s hypotheses using Statistical Product and Service Solutions software. Results specify that all three of the EM dimensions under study have significant effect on SME performance. In terms of contribution to the model, the explanatory variables were able to contribute 62.1 percent to the variable of interest (SME performance). On individual basis, innovativeness explained the most to the criterion variable. The findings of this study offer important insights for owners and managers of SMEs, researchers, and policymakers to further understand the effects of EM dimensions on SMEs’ performance. SMEs should be encouraged to embrace the entrepreneurial dimensions of innovativeness, risk taking, and value creation to increase business performance.

scholarly journals The Influence of Marketing and Production Factor on Troso Weaving Cloth

2019 ◽  
Vol 8 (2) ◽  
pp. 189-199
Author(s):  
Khasan Setiaji ◽  
Rifalatul Umi
Keyword(s):  
Marketing Strategy ◽  
Random Sampling ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
Production Factor ◽  
Independent Variables ◽  
Medium Enterprises ◽  
The Impact

The business performance is influenced by various factors such as marketing strategy and production factor. Both have important roles to improve business performance. However, the number of Troso weaving cloth decreased gradually from 2013 up to 2016. This study aims at knowing the impact of marketing strategy and production factor to the performance of small and medium enterprises on Troso weaving cloth simultaneously and partially.  The population was 180 owners of Troso weaving cloth with the sample of 64. The sample was determined by using proportionate random sampling. Then, the variables for this study consist of independent variables that are marketing strategy (X1) and production (X2) factor; and dependent variable that is business performance (Y). Based on the percentage descriptive analysis. The marketing strategy variable has influence as many as 73% with good category, while the production factor influences business performance, 61% with the moderate category. This study has found that marketing strategy and production factor have positive and significant impact partially and simultaneously to the business performance of small and medium enterprises on Troso weaving cloth.

scholarly journals Farah Fadhilah Ansetti_130218278_KP B

2021 ◽  
Author(s):  
farah fadhilah
Keyword(s):  
Foreign Exchange ◽  
Small And Medium Enterprises ◽  
Domestic Economy ◽  
Direct Impact ◽  
Current Account Deficits ◽  
The People ◽  
Tourism Sector ◽  
Direct And Indirect Impacts ◽  
Indirect Impacts ◽  
Medium Enterprises

Indonesia’s tourism sector continues to be encouraged to become one of the major foreign exchange earner sectors and has a direct impact on the people involved in tourism activities in the hope of covering current account deficits, increasing employment, and moving Micro, Small and Medium Enterprises (MSMEs). It should be understood that the tourism sector has direct and indirect impacts on the domestic economy

scholarly journals Penanganan Pembiayaan Murabahah Macet Pada Koperasi Pondok Pesantren (KOPONTREN) XYZ

2017 ◽  
Vol 3 (8) ◽  
pp. 656
Author(s):  
Sunarno Sunarno ◽  
Imron Mawardi
Keyword(s):  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Qualitative Approach ◽  
Meeting Report ◽  
Analysis Techniques ◽  
Working Cycle ◽  
Depth Interview ◽  
The Republic ◽  
Medium Enterprises ◽  
Depth Interviews

Murabaha Financing have potentially lower risk than other financing product. It chosen by USP Kopontren XYZ to fulfill members financing demand both for business development and consumptive purposes. Termination of Employment Relationship, working cycle and Bad characters some members cause of the collectibility default in Murabaha Financing.This study using qualitative approach and case studies. The collection of primarydata through in-depth interview, while secondary data obtained from the AnnualMembers Meeting report Kopontren XYZ . Explanation building analysis techniques are use to explain the results of in-depth interviews in order to explain the handling of murabaha financing collectibility default.The results explained to handling collectability default adopt according to The Minister of Cooperatives and Small and Medium Enterprises of the Republic of Indonesia Number: 35.3 / Per / M.KUKM / X / 2007, executing from cash collateral, financial penalties for those who deliberately, and converts the contract.

Contributions of Entrepreneurial Orientation to Competitive Advantage

2021 ◽  
pp. 438-451
Author(s):  
Orlando Manuel Martins Marques Lima Rua
Keyword(s):  
Competitive Advantage ◽  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Small And Medium Enterprises ◽  
Methodological Approach ◽  
Structural Equations ◽  
New Ideas ◽  
Medium Enterprises ◽  
Structural Equations Model ◽  
The Relationship

The main objective of this chapter is to analyze the relationship between entrepreneurial orientation and competitive advantage on Portuguese exporting textiles small and medium enterprises (SMEs). Therefore, a quantitative methodological approach was used, conducting a descriptive, exploratory, and transversal empirical study, having applied a questionnaire to a sample of Portuguese SMEs, associated of the Portuguese textile association (ATP). The structural equations model was used for this purpose, using the partial least squares (PLS). Based on survey data from 247 firms, the empirical results indicate that 1) innovation have a positive and significant impact on differentiation, 2) proactivity and risk-taking does not have a positive and significant impact on differentiation, and 3) innovation, proactivity, and risk-taking does not have a positive and significant impact on cost leadership. This study shows that Portuguese textile SMEs seek to support and stimulate new ideas, experimentation, and creativity that surely result in new products, services, and processes.

Fostering Environmental Performance Management within Indian SMEs

2016 ◽  
Vol 7 (2) ◽  
pp. 1-13
Author(s):  
Gurudas Nulkar
Keyword(s):  
Performance Management ◽  
Environmental Impacts ◽  
Environmental Sustainability ◽  
Product Life Cycle ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Small Scale ◽  
Industrial Markets ◽  
Medium Enterprises ◽  
Depth Interviews

Research and discussions on environmental sustainability of businesses generally focus on large corporations. Their environmental impacts are more likely to be noticed while small and medium enterprises (SME) are largely ignored. With a small scale of operations, SMEs are generally perceived to have less environmental impacts. However, as larger corporations outsource their manufacturing to SMEs the environmental burden shifts within their supply chain. This research was conducted within manufacturing SMEs in industrial markets (B2B) in Pune, India. In depth interviews with large and small firms helped develop the conceptual model and the questionnaire. Responses from 60 SMEs were analysed. The research identified factors like owner awareness, barriers and influencers to green practices and categorized environmental practices within product life cycle. The results showed that owners with high awareness levels had advanced environmental activities. The strength of barriers and influencers was established and the author makes recommendations based on these findings.

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