scholarly journals Spatial Conditions Supporting Sustainable Development of Enterprises on Local Level

2021 ◽  
Vol 13 (4) ◽  
pp. 2292
Author(s):  
Aneta Ptak-Chmielewska ◽  
Agnieszka Chłoń-Domińczak
Keyword(s):  
Social Insurance ◽  
Small And Medium Enterprises ◽  
Local Level ◽  
Principal Component ◽  
Sources Of Information ◽  
Clustering Methods ◽  
Significant Information ◽  
The Status ◽  
Medium Enterprises ◽  
High Share

Micro, small and medium enterprises (MSMEs) represent more than 99% of enterprises in Europe. Therefore, knowledge about this sector, also in the spatial context is important to understand the patterns of economic and social development. The main goal of this article is an analysis of spatial conditions and the situation of MSMEs on a local level using combined sources of information. This includes data collected in the Social Insurance Institution and Tax registers in Poland, which provides information on the employment, wages, revenues and taxes paid by the MSMEs on a local level as well as contextual statistical information. The data is used for a diagnosis of spatial circumstances and discussion of conditions influencing the status of the MSMEs sector in a selected region (voivodeship) in Poland. Taxonomy methods including factor analysis and clustering methods based on k-means and SOM Kohonen were used for selecting significant information and grouping of the local units according to the situation of the MSMEs. There are eight factors revealed in principal component analysis and five clusters of local units distinguished using these factors. These include two clusters with a high share of rural local units and two clusters with a high share of rural-urban and urban local units. Additionally, there was an outstanding cluster with only two dominant urban local units. Factors show differences between clusters in the situation of MSMEs sector and infrastructure. Different spatial conditions in different regions influence the situation of MSMEs.

E-Business Adoption Framework in the Hospitality Industry

2013 ◽  
pp. 225-243
Author(s):  
Kennedy O. Ondimu ◽  
Geoffrey M. Muketha ◽  
Collins O. Ondago
Keyword(s):  
Hospitality Industry ◽  
Small And Medium Enterprises ◽  
Graduate Degree ◽  
Firm Level ◽  
The Status ◽  
Kenyan Coast ◽  
Information And Communication ◽  
Internal Operations ◽  
Medium Enterprises ◽  
And Control

While the hospitality industry in the Kenyan Coast has adopted Information and Communication Technology (ICT), application of the same is limited to internal operations and control. The industry’s e-business adoption lags behind similar industries such as tours and travel. Earlier research in e-business adoption does not suggest intervention for improvement of Small and Medium Enterprises’ (SMEs) status and lacks focus on any specific industries. The aim of this chapter is to address this gap by analyzing the Kenya Association of Hotelkeepers & Caterers’ (KAHC) e-business readiness using a three-interrelated-level framework; namely, firm level, market and industry, and institutional and regulatory levels. This chapter presents results of an ongoing project that we are currently working on, related to one of the authors’ graduate degree research program that began in 2008. In this research, we adopt a survey approach that is supplemented by case studies of other countries’ implementations from literature. Findings show that the hospitality industry at the Kenyan coast is not ready for e-business adoption and we develop a framework to help facilitate readiness. The findings imply that as a competitive strategy, establishments which have been competitors need to become collaborators; and KAHC and its membership need to adopt e-business to not only remain competitive, but also to survive. The findings are beneficial to KAHC and the Kenyan government in evaluating the status of e-business readiness as well as adoption in similar industries. Other developing countries can also adopt the framework.

An Empirical Study on the Financial Competitiveness Evaluation System of Stock Exchange Listed SMEs of Gujarat, India

2019 ◽  
Vol 46 (4) ◽  
pp. 256-263
Author(s):  
Nikita Mehta ◽  
Mamta Brahmbhatt
Keyword(s):  
Evaluation System ◽  
Stock Exchange ◽  
Small And Medium Enterprises ◽  
Principal Component ◽  
Factors Affecting ◽  
Financial Factors ◽  
Management Efficiency ◽  
Major Factors ◽  
Medium Enterprises ◽  
Financial Competitiveness

The purpose of this study is to identify the financial factors that enhance the financial competitiveness of small and medium enterprises (SMEs) in Gujarat, India. The principal component analysis has been applied to extract the financial factors from financial performance ratios of a sample size of 38 stock exchange SMEs, based in Gujarat, India. The ranking has been given to the SMEs based upon their factor score and comprehensive score. The results show that profitability, management efficiency, liquidity and leverage factors are the major factors affecting the financial competitiveness of SMEs. The study covers only one state of the country, and the findings from different states may differ and need to get verified. Despite the highest contribution of SMEs in the GDP of India, there exist very few Indian studies on SME competitiveness. This study contributes to filling this gap.

scholarly journals The status of strategic planning in Small and Medium Enterprises: Priority of afterthought?

2012 ◽  
Vol 5 (1) ◽  
pp. 34 ◽  
Author(s):  
Corrinne Thompson ◽  
Maria Bounds ◽  
Geoff Goldman
Keyword(s):  
Strategic Management ◽  
Small And Medium Enterprises ◽  
Structured Interviews ◽  
Strategy Formulation ◽  
Strategy Formation ◽  
The Status ◽  
Qualitative Descriptive ◽  
The Difference ◽  
Medium Businesses ◽  
Medium Enterprises

<p>Small and medium enterprises (SMEs) are faced will many challenges, and the development of a sound strategy for the SME could define how these challenges are met which, in turn, could mean the difference between success or failure of the enterprise. If a sound strategy is major contributing factor to the success of a small business, but the evidence of sound strategic management (as taught in universities and business schools) is not present in successful SME’s, one could question the way strategic management is conceptualised. The study thus aims to gather a greater understanding of strategic management – and strategy formulation practices in particular – within SME’s. The study employed a qualitative, descriptive design with semi-structured interviews conducted with 12 SME owners in Gauteng. Findings reveal that the majority of participants were in favour of and supported the notion of having a strategy for small and medium enterprises, but none of them made reference to a formal process regarding strategy formation.</p><p><strong>Key words:</strong> Strategy; strategy formulation, small and medium businesses; planning; qualitative research</p>

scholarly journals Determinants of Firm Innovation in Indonesia: The Role of Institutions and Access to Finance

2015 ◽  
Vol 61 (3) ◽  
pp. 149 ◽  
Author(s):  
Edo Mahendra ◽  
Ubaidillah Zuhdi ◽  
Ratnawati Muyanto
Keyword(s):  
Positive Impact ◽  
Small And Medium Enterprises ◽  
Local Level ◽  
Institutional Quality ◽  
Access To Finance ◽  
Firm Innovation ◽  
Medium Enterprises ◽  
Asymmetrically Distributed

This paper investigates the determinants of firm innovation in Indonesia. Using quality of local regulations index constructed by the Indonesia’s Regional Autonomy Watch (KPPOD) as measure of institutions, We found that better institutional quality at the local level was associated with more innovation and that firms experiencing major obstacle in access to finance were less likely to innovate. Access to finance is more critical for small and medium enterprises (SMEs) whereas institutional quality is more important for large firms. The positive impact of better institutions on innovation is asymmetrically distributed. Better local institutional quality disproportionately benefited non-constrained firms.AbstrakMakalah ini menyelidiki faktor-faktor penentu terjadinya inovasi pada perusahaan di Indonesia. Sebagai proksi kelembagaan digunakan variabel Peraturan Daerah yang dibuat oleh Komite Pemantuan Pelaksanaan Otonomi Daerah (KPPOD). Penelitian ini menemukan bahwa kualitas kelembagaan yang baik pada tingkat daerah erat kaitannya dengan tingkat inovasi yang lebih tinggi dan perusahaan-perusahaan yang mengalami kendala akses keuangan cenderung tidak melakukan inovasi. Faktor akses keuangan lebih menentukan bagi perkembangan inovasi perusahaan perusahaan kecil dan menengah sedangkan kualitas kelembagaan lebih menentukan bagi perusahaan besar. Dampak positif dari kelembagaan yang baik terhadap tingkat inovasi terdistribusikan secara asimetris dan faktor kelembagaan yang baik lebih berdampak positif terhadap perusahaan yang tidak mengalami kendala keuangan.Kata kunci: Akses Keuangan; Inovasi Perusahaan; Faktor Penentu Inovasi; Kesenjangan Inovasi; KelembagaanJEL classifications: O38; O53; G38

scholarly journals Analysis Community Competence Development in Improving Live through Small and Medium Enterprise Investment in the Pandemic Era in East Timor

2021 ◽  
Vol 1 (2) ◽  
pp. 14-29
Author(s):  
Julio Lino Tilman
Keyword(s):  
Small And Medium Enterprises ◽  
Technical Skills ◽  
Local Area ◽  
Educational Background ◽  
Competence Development ◽  
Sources Of Information ◽  
Snowball Sampling ◽  
Structured Interviews ◽  
Community Competence ◽  
Medium Enterprises

Community competence development in improving life through investing in small and medium enterprises is one of the beneficial alternatives for groups and individuals for the welfare of the superior local community's wellbeing. The purpose of this study is to determine the basic provisions of the small and medium business investment group in the local area, related to hard and soft competence, which are used as criteria for giving, receiving, and solving problems. The method used in this study used a thematic descriptive qualitative analysis approach; the sampling method was taken by six people representing 28 people, including the core structure for semi-structured interviews. The technique used is a non-probability sample by exploring sources of information using purposive sampling and snowball sampling. From the results, it was found that the educational background was sufficient and still had shortcomings in hard and soft competencies, including creativity and technical skills. So, there are several suggestions, namely (1) to take additional training on creativity and technical skills to increase in-depth understanding, (2) for other studies that are interested in deepening research in that location. In terms of investment development, it can compete in national and international markets. These results also provide input for the investment group to learn hard and soft competencies and specifically creative abilities and technical skills to find learning resources that ensure development is related to investment in the digital era.

scholarly journals Strategic Planning in Small and Medium Enterprises (SMEs): A Case Study of Botswana SMEs

2017 ◽  
Vol 8 (1) ◽  
pp. 74 ◽  
Author(s):  
Nomsa Sisi Majama ◽  
Tebogo Israel ‘Teddy’ Magang
Keyword(s):  
Strategic Planning ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Policy Decision ◽  
Structured Interviews ◽  
Business Decisions ◽  
The Status ◽  
Low Performance ◽  
Medium Enterprises ◽  
Medium Firms

Although small and medium enterprises contribute immensely to the economy of a country, they are characterised by low performance and high failure rate which is often blamed on lack of resources such as funds, land and skilled labour. Many business management specialists argue that even on the availability of such resources, some SMEs still fail due to lack of strategic planning. Extent literature indicates that formal strategic planning improves business performance as it involves deriving a game plan that enables SMEs to anticipate and respond to the turbulent market by arranging their resources and capabilities accordingly. As such, this research investigates the status of strategic planning by SMEs in Botswana. The study also investigates the perceived value of Strategic Planning by SME owner managers, and the extent of planning as well as identifying the barriers that prevent effective strategic planning. Using semi-structured interviews of 36 Small and Medium firms selected across several sectors, the study finds that strategic planning efforts do exist within SMEs but most of these firms engage in strategic planning activities to a limited extent. The study also finds several barriers, which contribute to lack of strategic planning. For instance, the study finds that most SME owner/managers have limited knowledge in the area of strategic planning. Some indicated that they do not plan because of the size of the business. Whereas some admitted that they still possess the traditional based thinking where most business decisions are based on intuition. The findings of this study have implications for policy decision makers and SME owner managers.

Cloud Manufacturing: Current Trends and Future Implementations

2015 ◽  
Vol 137 (4) ◽  
Author(s):  
Ben Buckholtz ◽  
Ihab Ragai ◽  
Lihui Wang
Keyword(s):  
World Economy ◽  
Manufacturing Industry ◽  
Small And Medium Enterprises ◽  
Cloud Manufacturing ◽  
Current Trends ◽  
Technology Changes ◽  
Resource Virtualization ◽  
The Status ◽  
Medium Enterprises

Manufacturing technology changes with the needs of consumers. The globalization of the world economy has helped to create the concept of cloud manufacturing (CM). The purpose of this paper is to provide both an overview and an update on the status of CM and define the key technologies that are being developed to make CM a dependable configuration in today's manufacturing industry. Topics covered include: cloud computing (CC), the role of small and medium enterprises (SMEs), pay-as-you-go, resource virtualization, interoperability, security, equipment control, and the future outlook of the development of CM.

scholarly journals Some Solutions for Educating Business Ethic in Small and Medium Enterprises in Hanoi City

2019 ◽  
Vol 35 (4) ◽  
Author(s):  
Mac Quoc Anh
Keyword(s):  
Business Ethics ◽  
Business Ethic ◽  
Strong Correlation ◽  
Ethics Education ◽  
Small And Medium Enterprises ◽  
Functional Approach ◽  
Business Ethics Education ◽  
The Status ◽  
Medium Enterprises ◽  
Theoretical Issues

This paper presents 6 solutions to improve the effectiveness of business ethics education (abbreviated as BEE) in small and medium enterprises (abbreviated as SMEs) in Hanoi. This is the result of the study of theoretical issues and surveys, investigating the status of business ethics education in small and medium-sized enterprises in Hanoi. The proposed solutions are all aimed at improving the quality and efficiency of activities inbusiness ethics education in SMEs in Hanoi. The comprehensive solutions create a unified body, are built in two axes and two approaches to activities business ethics education in SMEs, that is, the goal-based approach and the functional approach of management activities. The results ofexperimenting the necessity and feasibility of 6 solutions show that: there is a positive and very strong correlation between the necessity and the feasibility of the solutions.

Sign in / Sign up

Export Citation Format

Share Document