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Nunnenkamp, Peter. "State enterprises in developing countries." Intereconomics 21, no. 4 (July 1986): 186–93. http://dx.doi.org/10.1007/bf02925384.
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Satta, Tadeo Andrew. "Enterprise Characteristics and Constraints in Developing Countries." International Journal of Entrepreneurship and Innovation 4, no. 3 (August 2003): 175–84. http://dx.doi.org/10.5367/000000003101299546.
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There is currently a general consensus that enterprise promotion and growth constitute one of the viable strategies for achieving national development goals such as economic development and poverty alleviation. With various forms of support, enterprises are likely to improve their productivity and competitiveness, make a greater contribution to generating wealth and alleviating poverty among families of owners and workers alike, and create more jobs. Using data from a survey of 136 micro and small-scale enterprises (MSEs) in Tanzania, this paper examines enterprise characteristics and identifies a number of external constraints that influence enterprise growth. Based on the identified constraints the paper highlights a number of policy measures that may be relevant to the formulation of supportive programmes for MSE growth in Tanzania, and indeed other developing countries. This contribution probably comes at a critical moment when the Tanzanian government is in the process of developing a number of programmes to promote the MSE sector.
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El-Gohary, Hatem, and Zeinab El-Gohary. "An Attempt to Explore Electronic Marketing Adoption and Implementation Aspects in Developing Countries." International Journal of Customer Relationship Marketing and Management 7, no. 4 (October 2016): 1–26. http://dx.doi.org/10.4018/ijcrmm.2016100101.
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This paper aims to explore the current aspects related to Electronic Marketing (E-Marketing) adoption and implementation in developing countries through examining and investigating the case Egyptian small business enterprises. The paper methodically reviews E-Marketing adoption and implementation by small business enterprises related literature in general and in developing countries (e.g. Egypt) in particular. Building on the results of such a review, two stages methodology (namely survey and case studies) are used to explore the current aspects related to E-Marketing adoption and implementation by Egyptian small business enterprises. The findings indicated that there is a very few research that was conducted in the related literature to examine and/or investigate E-Marketing adoption and implementation in general and in Egypt in particular. The findings also indicated (although through a small response rate of the Egyptian small business enterprises) that Egyptian small businesses owners, marketing managers and sales managers have an immature and inexperienced knowledge of E-Marketing aspects as well as the different tools or forms related to it. It was found that the size of business, type of products, available resources, the knowledge of the owner and/or manager, customer's orientation towards E-Marketing, and government support are the most important factors that might have a great impact of the decision of adopting E-marketing or at least one of its tools or forms by Egyptian small business enterprises. Meanwhile, international orientation or competing globally was not one of the factors affecting E-Marketing adoption as most of the small business enterprises depended totally on the Egyptian international trade points in conducting E-Marketing without trying to gain the needed experiences to conduct these activities independently. Moreover, Egyptian small business enterprises owners, marketing and sales managers did not find any positive impact for E-Marketing adoption on the marketing performance of their small business enterprises. The findings also reinforced that Egyptian small business enterprises had only conducted partial narrow-minded E-Marketing activities.
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Jamali, Dima, Peter Lund-Thomsen, and Søren Jeppesen. "SMEs and CSR in Developing Countries." Business & Society 56, no. 1 (July 27, 2016): 11–22. http://dx.doi.org/10.1177/0007650315571258.
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This article is the guest editors’ introduction to the special issue in Business & Society on “SMEs and CSR in Developing Countries.” The special issue includes four original research articles by Hamann, Smith, Tashman, and Marshall; Allet; Egels-Zandén; and Puppim de Oliveira and Jabbour on various aspects of the relationship of small and medium enterprises (SMEs) to corporate social responsibility (CSR) in developing countries.
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Sharafieva, L. I., and T. G. Volkova. "ANALYSIS OF STATE SUPPORT MEASURES FOR SMALL BUSINESS IN MODERN CONDITIONS." Bulletin of Udmurt University. Series Economics and Law 32, no. 5 (October 5, 2022): 862–68. http://dx.doi.org/10.35634/2412-9593-2022-32-5-862-868.
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The modernization of Russia implies a qualitative breakthrough in the small business sector, using new technologies and developing the innovation sphere. The creation of a developed small business can solve many modern Russian problems, so the state should develop small businesses and, if necessary, support them. The issues of the need to support small and medium-sized enterprises became especially acute during the coronavirus pandemic and continue to be relevant both abroad and in Russia. The first part considers the share of small enterprises in the overall structure of enterprises in world practice, as well as general measures to support this category of enterprises. The second part is devoted to the analysis of support measures provided in connection with COVID-19 in developing and developed countries of the world. Different countries offer their own support measures, the analysis and implementation of which can help other countries to fight the crisis. The study of domestic and foreign experience in providing support to small and medium-sized businesses made it possible to identify general and private forms of assistance. The authors concluded that support measures for all countries are aimed at reducing the tax burden and concessional lending.
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Saah, Paul. "The Impact of Education and Training on The Success of Small and Medium-Sized Enterprises." Journal of Economics Education and Entrepreneurship 3, no. 2 (October 5, 2022): 112. http://dx.doi.org/10.20527/jee.v3i2.5766.
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Many business management researchers regard the small and medium-sized enterprise sector as the pillar and primary impetus of economic growth, particularly in developing countries. As a result, most governments throughout the world now place a strong emphasis on small business development to spur economic growth. The purpose of this study was to see how education and training affected the success of small businesses. This study uses a qualitative research approach to collect and analyse data. The study’s 20 small business owners and managers in South Africa were selected using a non-probability sampling approach. Data was collected through interviews, and the results were analysed using subject analysis. This study’s findings reveal that a lack of human capital education and training is one of the primary causes of SMEs’ high failure rate, which also explains why these enterprises fail so frequently in most countries. It is evident that small business owners and managers, particularly in most developing nations such as South Africa, should consider spending more on business education and training to gather information that would help them establish unique business strategies.
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Malik Mustafa. "Impact of Digital Strategy in Business for Small and Medium Enterprises in Developing Countries." September 2021 7, no. 09 (September 27, 2021): 205–10. http://dx.doi.org/10.46501/ijmtst0709033.
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With the development of the business in the world today all the ways of production and of running and managing business have been changing all the time. All business owners and managers keep looking for the best methods and strategies which can help improve and develop their business and get better results and better revenues. With the development of the digital world or information technology they try to use and implement the suitable digital strategies that can make managing business easier and better. Big data and how to build data as a strategic asset or in other words strategic digital data management may be considered as one of the most interesting methods using information technology in business today. This strategic method is in fact a digital method in which managers or experts use the best software programs that help dealing with the data in the enterprise to make it easy to use and more secure and safe. It is a strategy that implies the use of the new programs and methods to deal with the data and the information in all kinds of enterprises.
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Moresová, Mária, Mariana Sedliačiková, and Alena Kaščáková. "Global determinants of sustaining and developing family enterprises in Slovakia." SHS Web of Conferences 74 (2020): 03005. http://dx.doi.org/10.1051/shsconf/20207403005.
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Family enterprises play an important role in global economies and in national economies of all developed countries. Creating new, and maintaining the existing family enterprises, combined with their continuous development should be the key priority of all countries. Based on the evaluation of the current state of family business in Slovak micro, small, and medium enterprises, the main objective of this paper is to identify the key determinants which affect its development. At the same time, the authors propose such measures the implementation of which into business practice will lead to sustainability of the existing, as well as the support of the newly established family enterprises in Slovakia. The research has been evaluated with the use of methods of testing the statistical hypothesis and methods of descriptive statistics. As the conducted research has proved, at the external environment, the most negative determinant that limits the activities of family enterprises is strong competition of other enterprises operating in the Slovak market. The biggest problem related to internal environment of family enterprises is obtaining a stable qualified. The results led to conclusions and recommendations, the implementation of which into practice will help to support family business in Slovakia.
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Nur, Wawan Hendriawan, Ida Narulita, Yugo Kumoro, Yuliana Susilowati, Yuliana Yuliana, Faiz Rohman Fajary, and Sekar Nur Wulandari. "A cloud GIS-based framework implementation in developing countries." Bulletin of Electrical Engineering and Informatics 11, no. 4 (August 1, 2022): 2243–52. http://dx.doi.org/10.11591/eei.v11i4.4195.
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Cloud computing technology has successful cost savings, business effectiveness, and higher scalability in various fields, including the government field. The pandemic Covid-19 era has been accelerating the adoption of cloud technology; the enterprises have instructed the employees to work from home to reduce transmission. The cloud-based framework for government in developing countries was developed. However, it was arduous to apply in Indonesia as a developing country, especially in areas where technology infrastructure, human resources, and funding are insufficient. Thus, the study of the cloud implementation framework in developing countries is essential. This paper used the enterprise architecture planning method for designing a cloud GIS-based framework. The developed framework successfully implemented the cloud-based GIS technology in Indonesia with limited ownership and infrastructure of technology, resources, and funding.
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Sapuntsov, Andrey. "TYPOLOGY CHARACTERISTICS OF AFRICAN BUSINESS EXPANSION BY MULTINATIONAL ENTERPRISES FROM DEVELOPING COUNTRIES." VESTNIK UNIVERSITETA, no. 12 (2017): 132–39. http://dx.doi.org/10.26425/1816-4277-2017-12-132-139.
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Kazanovsky, Andriy A., and Ihor I. Miroshnychenko. "Problems of Developing the Industrial Outsourcing Enterprises in Ukraine." Business Inform 8, no. 535 (2022): 87–94. http://dx.doi.org/10.32983/2222-4459-2022-8-87-94.
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Given the current challenges of exogenous and endogenous nature, the key task for the national economy of Ukraine is to ensure the competitiveness of Ukrainian small and medium-sized busines. A separate heavy burden is imposed by Russian armed aggression, which leads to the destruction of the production base of the national economy of Ukraine and the established ties between economic agents. The urgent need in this context is to develop the production capabilities of Ukrainian small and medium-sized businesses, in particular through the construction of a system of production outsourcing companies. The purpose of the article is to identify the features of the development of the system of production outsourcing companies and the formulation of the methodological grounds for its formation and functioning in Ukraine. The article describes the problems of work of Ukrainian small and medium-sized businesses in the context of their limited production capabilities. The problems of ensuring an adequate and balanced system of production outsourcing are allocated. The analysis of the prerequisites for the development of the system of production outsourcing companies in Ukraine was carried out. It is proposed to evolve the production outsourcing capabilities in the cluster paradigm. The key role of the cluster of production outsourcing companies in stimulating the economic development at the macro and macro levels is substantiated. The methodology of function of the cluster of production outsourcing companies is outlined. Potential ways of financing the cluster’s business model, consisting of various sources of funding from private and institutional investors, are proposed. A number of signs have been formulated that determine the degree of the company’s need for production outsourcing. The factors of making a managerial decision on the use of production outsourcing as a solution to business and operational problems are allocated. Prospects for future research are further study of the features of the business model of the cluster of production outsourcing companies and the formulation of the most appropriate format for Ukrainian realities. An additional direction of future research is the aligning of the regulatory framework of the cluster of production outsourcing companies in Ukraine in order to bring in conformity with the legislation of the EU countries and the best international practices
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Gebru Wubet, Gebretsadik, and Gagoitseope Mmopelwa. "Performance of Micro and Small Enterprisers in Tigray, Northern Ethiopia." Momona Ethiopian Journal of Science 12, no. 1 (April 30, 2020): 103–22. http://dx.doi.org/10.4314/mejs.v12i1.7.
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Micro and Small Enterprises (MSE) have become the focus of attention for the economic development, economic growth and job creations in the world. Majority of the firms worldwide are dominated by businesses of micro and small enterprises. In developing countries, the informal sector that mainly establishes MSE remains the major source of employment and income for the urban population. A study was conducted to examine the performance of MSE in three zones of Tigray State, namely, Southern zone, Mekelle zone and Eastern zone. The data was collected using structured questionnaire on 246 MSE business owners. The data are analyzed using multiple linear regressions (dummy), Cross tabulations and chi-square test for test of independence. The result revealed that Gender, initial capital, enterprise and job type are found to be important factors of performance of MSE. There is a gender difference on sector type, education level and work sheds of micro and small enterprises business owner. The result also showed that initial capital has positively affected the performance of business owners and men headed business owners have better performance than female headed business owners.
Keywords: Micro- and Small Enterprises, Performance, Gender, Tigray, Ethiopia.
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Bukvić, Zoran. "THE ROLE AND SIGNIFICANCE OF BUSINESS STRATEGY IN CREATING BUSINESS INCUBATORS." International Journal of Management Trends: Key Concepts and Research 2, no. 2 (December 29, 2023): 40–57. http://dx.doi.org/10.58898/ijmt.v2i2.40-57.
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The sector of small and medium-sized enterprises represents the most vital and economically efficient part of the economy and plays an increasingly important role in the implementation of structural reforms, especially in the function of creating new jobs and stimulating the growth of the overall economy. In recent decades, business incubators have been established as new models for developing small and medium-sized enterprises in developed countries, including ours. This paper aims to indicate the role and importance of business strategy in the creation of business incubators.
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Mungai, Esther, and Madara Ogot. "Generic Strategies and Firm Performance: An Investigation of Informal Sector Micro-Enterprises in Kenya." International Journal of Business and Management 12, no. 3 (February 21, 2017): 148. http://dx.doi.org/10.5539/ijbm.v12n3p148.
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Micro-enterprises (MEs) have been shown to collectively be the largest employer in most developing countries thus playing a significant role in the countries economies. Using informal sector micro-enterprise furniture makers (wood and metal) in Nairobi, Kenya and based on Porter's competitive business strategies typology, this study sought to determine if the strategies employed by the informal sector MEs fit within the typology framework, and if membership within the strategic groups in the typology are a predictor of better business business performance. From the study, although membership within the two focus strategic groups of differentiation and low cost was confirmed, unlike studies done with medium and large enterprises, membership was not found to be a predictor of better business performance. Porter's typology may therefore not adequately capture the competitive business activities relevant to and directly by MEs, presenting an opportunity for research into the development of competitive business strategy typologies directly derived from their activities and therefore applicable to them.
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Maldonado-Guzman, Gonzalo, Jesus Francisco Mellado-Siller, and Edith Reyes-Ruiz. "Brand Management and Business Performance in Mexican Small Business." Journal of Management and Sustainability 8, no. 3 (August 22, 2018): 16. http://dx.doi.org/10.5539/jms.v8n3p16.
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Brand management is a relatively new topic in marketing literature and it is considered by several researchers, academics and professionals, as one of the most important business strategies that allow not only a significant growth of the business performance of small enterprises, but also their continuity in the market where they participate. Similarly, brand management has also been analyzed and discussed at the core of enterprises and there are relatively few investigations that focus on small enterprises, and there are even less researches carried out in developing countries. For these reasons, the main goal of this empirical research is the analysis and discussion of the effects of brand management on the level of business performance in small enterprises, by using a sample of 300 small firms and by implementing a model of structural equations of second order, that can provide a deeper understanding of the current relation between brand management and business performance. The results obtained show that brand management has a positive and significant in the level of business performance in small enterprises.
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Adeyelure, Tope Samuel, Billy Mathias Kalema, and Kelvin J. Bwalya. "Deployment factors for mobile business intelligence in developing countries small and medium enterprises." African Journal of Science, Technology, Innovation and Development 10, no. 6 (August 21, 2018): 715–23. http://dx.doi.org/10.1080/20421338.2018.1491137.
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Baporikar, Neeta. "Influence of Business Competitiveness on SMEs Performance." International Journal of Productivity Management and Assessment Technologies 7, no. 2 (July 2019): 1–25. http://dx.doi.org/10.4018/ijpmat.2019070101.
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Small and medium enterprises (SMEs) play a pivotal role in fostering socioeconomic development especially in developing countries. They create employment opportunities, empower communities, and make positive contributions towards GDP. The objective of this study is to understand the influence of business competitiveness on SMEs performance through a case study of auto body repairs SME enterprise in Namibia referred to as ABR for confidentiality. The methodology is mixed methods with in depth literature review, and detailed multiple case studies on eleven medium sized auto-body repair enterprises. The analysis is through strategy tools supported by secondary and published data and reports. The findings reflect that although ABR has a sound credit rating with local financial institutions and there are opportunities for growth, ABR also needs to invest in equipment to become more competitive and strengthen its market.
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Akpamah, Peter. "Staying Employed and Employing Others: Leadership Styles and Management Strategies of Proprietors of Micro Enterprises in Developing Countries." International Journal of Engineering and Management Sciences 4, no. 4 (December 12, 2019): 408–19. http://dx.doi.org/10.21791/ijems.2019.4.47.
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This study sought to find out the leadership style and management strategies of the proprietors of micro enterprises that have enabled them to stay in business this long and offering employment to several others in the midst of unfavourable economic conditions in developing countries. Management strategy and leadership style are complementary in pursuing organizational goal. Though, literature on the subject reveals that not much research has been done on the survival of micro business on the African’s continent regarding owners’ management strategies and the leadership style. We used mix methods in data collection and purposive samplings of thirty (30) micro enterprises’ proprietors were interviewed. The result reveals that owners of micro business practice multistrategies in their organizations. The Study found out that the Laissez Faire or Free Rein Leadership and the Bureaucratic Leadership were not practiced by any of the research participants. However, Authoritarian Leadership with strict instructions dominated Democratic Leadership and appeared to have been very effective and yielded result in most micro businesses.
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Isaga, Nsubili, Enno Masurel, and Kees Van Montfort. "Owner-manager motives and the growth of SMEs in developing countries." Journal of Entrepreneurship in Emerging Economies 7, no. 3 (September 7, 2015): 190–211. http://dx.doi.org/10.1108/jeee-11-2014-0043.
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Purpose – This paper aims to contribute to the understanding of the motives of individuals in Tanzania to start their own businesses on the one hand and the growth of their firms on the other hand. Design/methodology/approach – A survey method was used to gather data from 300 small business owners and managers located in selected cities in Tanzania. Multiple regression analysis was conducted to analyse the relationship between the motivation to start an own business on the one hand and firm growth on the other hand. Three indicators for growth, namely, employment, sales and assets, were used to measure growth. Findings – The results suggest that that pull factors are more important to start the businesses than push factors. This contradicts the common opinion and previous research that push factors are more important than pull factors in developing countries. Furthermore, the study found that pull factors are positively related to firm, whereas push factors are negatively related to firm growth. Research limitations/implications – It should be noted that while this paper makes a number of contributions, there are some limitations that should be considered when interpreting the results. For instance, the data for this study were collected from only one type of business, i.e. the furniture industry (in Tanzania). Accordingly, we do not know the applicability of these findings to other businesses in other sectors. Therefore, future research should include businesses in other sectors to ascertain if the present findings are specific to the furniture business only or are applicable to other businesses as well. Practical implications – Our findings indicate that there are differences in motivations among owner-managers in starting the business and subsequent firm performance. Therefore, individuals need different forms of support depending on the level of development of their business, as well as their motivation. For example, we have seen that the presence of role models has a significant effect on business growth. Therefore, the government might consider using the media and other mechanisms to feature stories about successful entrepreneurs. Originality/value – The authors extend the findings of previous studies that investigate the owner-manager motives and small and medium-sized enterprises (SMEs) growth in developed economy settings, but neglected emerging economies. The study also contradicts the common opinion and previous research that push factors are more important than pull factors in developing countries.
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HRONCOVÁ VICIANOVÁ, Jana, Jana JAĎUĎOVÁ, and Silvia ROLÍKOVÁ. "DEVELOPING ECO-INNOVATION IN BUSINESS PRACTICE IN SLOVAKIA." Journal of Business Economics and Management 18, no. 5 (October 27, 2017): 1042–61. http://dx.doi.org/10.3846/16111699.2017.1381146.
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The paper presents the analyses and evaluates the current state of implementation of eco-innovation in the most energy-intensive sectors in Slovakia and also compares the eco-innovation performance of EU countries. Furthermore, it identifies the economic and environmental benefits from which businesses can profit following the introduction of this type of eco-innovation; it confirms the relationship between investments in environmental technologies and increasing sales of ecological products and services and identifies opportunities for development of eco-innovations in Slovakia. The industrial sectors in Slovakia have the potential to utilise eco-innovation throughout the structure of their economic activities, to develop new technologies and knowledge as well as in creating and developing partnerships, networks and mutual cooperation for the development of eco-innovation on the proviso that appropriate supporting eco-innovation policies and stimulus measures are in place. An analysis of the current state of eco-innovations in the selected enterprises was carried out on the basis of original empirical research which is based on a questionnaire survey on enterprises in the Slovak Republic.
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Sadress, Night, Juma Bananuka, Laura Orobia, and Julius Opiso. "Antecedents of tax compliance of small business enterprises: a developing country perspective." International Journal of Law and Management 61, no. 1 (February 11, 2019): 24–44. http://dx.doi.org/10.1108/ijlma-10-2017-0234.
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PurposeThe purpose of this study was to investigate the contribution of attitude towards electronic tax system, adoption of electronic tax system and isomorphic forces to tax compliance of small business enterprises (SBEs) in a developing country in a single study.Design/methodology/approachThis study is cross-sectional and correlational. Data were collected through a questionnaire survey of 214 owner-managed SBEs in Uganda through their managers. Data were analysed using Statistical Package for Social Sciences.FindingsAttitude towards electronic tax system, adoption of electronic tax system and isomorphic forces significantly contribute to tax compliance to the extent of 57.4 per cent. Isomorphic forces have a high predictive power of tax compliance as compared with attitude towards electronic tax system. Further, coercive, normative and mimetic isomorphism as constructs of isomorphic forces are significantly associated with tax compliance.Research limitations/implicationsGiven that this study was cross-sectional, monitoring changes in behaviour over time was not possible. The results are useful for policy makers and taxpayers in developing countries. These results can also be generalized to other developing countries especially those in Africa and other continents dominated by developing countries.Originality/valueTo the researchers’ knowledge, this is the first study to examine the contribution of attitude towards electronic tax system, adoption of electronic tax system and isomorphic forces to tax compliance of SBEs in a developing country in a single study on the African scene.
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SARIHAN, Ahmed Yusuf. "Unravelling the Nexus Between Export Performance and Business Performance." Gaziantep University Journal of Social Sciences 23, no. 1 (January 25, 2024): 327–41. http://dx.doi.org/10.21547/jss.1331004.
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Exporting enterprises representing countries in global competition constitute a valuable research area and create the opportunity to conduct research on them. Exporting enterprises have a crucial place in the welfare of developing countries, especially with the foreign exchange revenues they will bring. Therefore, many different aspects of exporting enterprises need to be examined both from a business and scientific point of view. This study aimed to comprehend the mutual relationship between business performance and export performance among 192 exporters in Turkiye. In the study, data were collected through scales for export performance and business performance of enterprises, and performance outputs were revealed as a result of factor analysis. Afterwards, it was examined whether there is a significant difference in the export performance of companies with high and low business performance and whether there is a significant difference in the business performance of companies with high and low export performance. Achieved t-test findings, show that significant differences existed in both the export performance of companies with high business performance and the business performance of companies with high export performance. These findings of the study indicate that exporting companies' financial business opportunities may have an impact on export performance, and similarly, companies with good export performance can also achieve a strong financial output. In this context, it has been suggested that businesses should focus on performance outputs with a two-way perspective and that exporting businesses should not only focus on exports.
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Susan Thomas, Ann, and Arsha Hari. "Resurgence of MSMEs in developing economies during the COVID-19 fog." SKYLINE BUSINESS JOURNAL 17, no. 01 (2021): 50–59. http://dx.doi.org/10.37383/sbj170105.
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The coronavirus (COVID-19) outbreak has acutely affected trade, investment, growth and employment around the world and has instigated a global economic slowdown. Estimates of labor income losses (before taking into account income support measures) suggest a global decline of 10.7 per cent during the first three quarters of 2020 compared with the corresponding period in 2019, which amounts to US$3.5 trillion or 5.5 per cent of global gross domestic product (GDP) for the first three quarters of 2019. Likewise, as with any crisis, the condition has become even worse in developing countries, where the stability or growth for start-ups and MSME’s has been significantly endangered. Every business or enterprises that drove to closure leads to multiple stories of unemployment, economic and social dislocation as well staggering uncertainty. It remains paramount that governments, in partnership with other public and private institutions, associations and bodies and various other stakeholders bestow their support to drive competitiveness of micro, small and medium enterprises (MSME’s) with a particular focus on those small businesses in developing countries. In many countries, this interference has led to immediate and innovative approaches and models and also helped deploy resources and put up a timely and comprehensive response to the novel coronavirus disease. This study resorts to various MSME’s in developing countries confronting and combating the difficult time caused by COVID-19 pandemic which can help monitor the evolving business climate to design workable and enforceable policy support for MSME development.
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Filina, Yulia S., and Belekmaa A. o. Hertek. "MANAGEMENT OF INNOVATION PROJECTS IN INFOCOMMUNICATION ENTERPRISES." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 10/7, no. 139 (2023): 122–29. http://dx.doi.org/10.36871/ek.up.p.r.2023.10.07.015.
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The article is devoted to the analysis of the commercialization process of the Internet of Things, providing an analysis of the key factors contributing to the revolution of this technology. The potential of the Internet of Things market and the commercialization process of this type of innovation are revealed, the roadmap for the successful commercialization of Internet of Things technologies is outlined. Recommendations have been proposed. It is concluded that the demand for Internet of Things technologies in economically developed countries is greater than in developing countries, and this problem widens the information gap between these groups of countries. The effective use of infocommunication technologies in modern e-business and commerce, despite its relatively short history, has caused a gap between economically developed and developing countries in this area due to the lack of real awareness and the proper both legal and administrative basis for the proper use of these technologies.
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Arias, Ricardo Alonzo Cortez, and Allan Discua Cruz. "Rethinking artisan entrepreneurship in a small island." International Journal of Entrepreneurial Behavior & Research 25, no. 4 (June 4, 2019): 633–51. http://dx.doi.org/10.1108/ijebr-02-2018-0111.
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Purpose There is a growing interest in artisan entrepreneurs around the world. Scholars are increasingly interested in how artisan enterprises use tourism in a resource-constrained resources. Based on the concept of artisan chocolate entrepreneur, the purpose of this paper is to examine the phenomenon of artisanal chocolate making in a small island with limited resources yet influenced by increased tourism. Design/methodology/approach Artisan enterprises are considered relevant in developing countries and their creation merits further attention. This study examines artisan enterprises using in-depth interviews, case studies, and an interpretative approach. The approach enables examining how artisan chocolate enterprises use tourism to develop their businesses in a context characterized by limited resources. Findings The findings show that artisan entrepreneurs are encouraged to start and develop enterprises due to lifestyle choices. The findings reveal a connection between artisan chocolatiers developing place-bound features to address a growing demand of tourists’ expectation for authentic and local products. The approach of artisan entrepreneurs in such conditions can be explained through entrepreneurial bricolage. Originality/value This study contributes to the literature on the initial stages of artisan enterprises particularly in resource-constrained environments influenced by tourism. More specifically, the study provides evidence of the relevance of tourism for artisanal enterprise emergence, which is a relatively overlooked area in tourism and artisanal studies in developing countries. The study highlights the key place bound features that artisanal chocolate entrepreneurs associate to their products based on tourists’ demand for authentic and local products.
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Özen, Ercan. "Coping with the Exceptional Economic Problems in Turkey: A Field Survey on SMES." Timisoara Journal of Economics and Business 12, no. 2 (December 1, 2019): 109–26. http://dx.doi.org/10.2478/tjeb-2019-0006.
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Abstract Developing countries need higher economic growth to reach the level of developed countries. When developing countries exceed the potential economic growth, problems, such as, high external debt and high current deficit emerge. Such situations increase the financial risk of the country; in addition, international political risks, fluctuations in capital inflows and some manipulative movements have subjected countries to extreme exchange rate fluctuations. Purposes of this research: (1) to uncover the impact of high exchange rate volatility on small business activities and (2) to determine whether the level of exposure of the exchange rate shock on business owners varies by age. The methodology of the study involved a survey administered to 390 small and medium-sized enterprises (SMEs). The findings of the study show that after a period of significant exchange rate fluctuations, business activities were negatively affected, sales decreased, and job cuts increased. On the other hand, the exchange rate effect was mostly felt by all business owners of different ages. According to the study, it can be concluded that small enterprises are vulnerable to rising exchange rate volatility. The effect on SMEs with more work experience is not different. In order to alleviate the effects of adverse exchange rate movements, enterprises should be more cautious in their activities. Two suggestions can be made at this point: (i) Governments should follow optimal growth policies and (ii) Small businesses that have an important place in the economy should be made aware of the exchange rate risk and crisis management.
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Williams, Colin C., Alvaro Martinez–Perez, and Abbi M. Kedir. "Informal Entrepreneurship in Developing Economies: The Impacts of Starting up Unregistered on firm Performance." Entrepreneurship Theory and Practice 41, no. 5 (September 2017): 773–99. http://dx.doi.org/10.1111/etap.12238.
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To advance understanding of the entrepreneurship process in developing economies, this article evaluates whether registered enterprises that initially avoid the cost of registration, and focus their resources on overcoming other liabilities of newness, lay a stronger foundation for subsequent growth. Analyzing World Bank Enterprise Survey data across 127 countries, and controlling for other firm performance determinants, registered enterprises that started up unregistered and spent longer operating unregistered are revealed to have significantly higher subsequent annual sales, employment, and productivity growth rates compared with those that registered from the outset. The theoretical and policy implications are then discussed.
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Veretyokhin, Andrey V. "Comforting the Information and Economic Environment of the Enterprise within the Framework of the Strategic Management Paradigm." Proceedings of the Southwest State University. Series: Economics, Sociology and Management 12, no. 1 (2022): 68–79. http://dx.doi.org/10.21869/2223-1552-2022-12-1-68-79.
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Relevance. To be successful, enterprises need a comfortable information and economic environment. The importance of state regulatory policy increases to achieve a favorable business climate. This is due to the limited resources of some Russian businesses and COVID-19 impact. The purpose is within the framework of the paradigm of strategic management, consider the activities to create favorable information and economic conditions for enterprises. Objectives: analyze information and economic systems to support enterprises as a management result to ensure a comfortable business environment. Methodology. The author uses methods: posteriori analysis, synthesis, comparison, generalization, classification and data visualization. Results. In the context of digital transformation, the relationship and mutual influence of favorability and informativeness are clearly manifested in the enterprise environment. The strategic management of economically developed countries confirms the possibility of simultaneous implementation of the state development strategic goals: "comfortable business environment" and "informatized society". This experience should be taken into account in regional management when setting goals, developing and implementing appropriate comfort measures. In this study, the author examines the enterprise comfort environment within the strategic management paradigm framework on the example of the Republic of Crimea. Two separate systems of enterprise support exist in the Republic of Crimea. The available regional information resources are not convenient enough. Conclusion. The goals of operational management on the comfort of the business environment and the digitalization of the economy are fundamentally interconnected at the regional level. Their achievement is a single process.
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Aloukoutou, Aline Modoukpè, and Ismaïl Moumouni Moussa. "Innovativeness and Entrepreneurial Success in Agricultural Sector: An Overview of the Literature in Developing Countries." Journal of Agricultural Studies 12, no. 1 (December 8, 2023): 1. http://dx.doi.org/10.5296/jas.v12i1.21517.
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Business success is often attributed to the profile of the entrepreneur, the characteristics of the business and its environment. In most of developing countries, interventions to promote entrepreneurship are typically limited to the provision of finance and coaching to build business capital and management skills. These interventions have shown mixed results as only few young enterprises last more than five years, suggesting the need to explore other drivers of entrepreneurial success. This review adds a contribution on the role of innovation in the performance of agricultural enterprises through a synthesis of the existing literature on the importance of innovation in entrepreneurial success. Our results highlight that young agricultural entrepreneurs face several challenges, including the perception from their pairs/community, limited access to production resources, climate change, poor access to technologies and market, lack of management skills, and lack of appropriate policy support. Their innovativeness depends on their ability to mobilize livelihoods assets such as financial capital, social, human and symbolic capitals. Ultimately, innovativeness allows young entrepreneur to tap into livelihoods assets-related opportunities to ensure the competitiveness and further the success of their business. We also elaborated a framework to analyze entrepreneurial performance in the agricultural sector.
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Yuttama, Faizal Rizky, Alfizi Alfizi, Budi Widadi, and Iin Dyah Indrawati. "Pelatihan Laporan Keuangan UMKM pada Rumah BUMN Purwokerto." Jurnal Pengabdian Masyarakat - PIMAS 2, no. 1 (February 4, 2023): 1–6. http://dx.doi.org/10.35960/pimas.v2i1.945.
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For the development of small and medium enterprises, accounting is one of the most important factors that entrepreneures should not forget. Simple bookkeeping in small and medium businesses is very important for the progress of one’s business. On of the reasons why MSMEs find it difficult to develop is the poor accounting system for MSMEs. This is because the government pays little attention to these issues and many MSMEs are still reluctant to consider complex issues such as accounting and financial management. They just think that the profit is enough for their business or MSMEs to function and develop. This training aims to improve capabilities in producing accountable financial report to micro, small and medium enterprise stakeholders. Micro, small and medium enterprise (MSMEs) have made a significant economic contribution to economic development, especially in developing countries. In this regard, we are trying to do community service by providing knowledge and training for micro, small and medium enterprises with the theme of community service, namely MSME Financial Report Training.
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Kar, Rabi Narayan, and Amrita Kaur. "Sustainable Development and Multinational Enterprise Operations in Developing Countries: Role of Institutional Framework." Management and Economics Research Journal 5 (2019): 1. http://dx.doi.org/10.18639/merj.2019.738226.
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The role of multinational enterprises (MNEs) for sustainable development, particularly in developing countries, has become a topic of debate among environmental, business, and economic researchers. In that context, we try to explore the compatibility and congruence of the business operations of MNEs vis-à-vis sustainable development in the developing part of the world. By using a multitheoretical framework followed with a multicase analysis concerning emerging and developing countries, we investigate how MNEs are addressing regional requirements of sustainable development where environment, local culture, and institutional mechanism are the key concerns. The adherence to evolving institutional mechanism over the years along with willful ethical steps taken by MNEs are found to be important in improving the state of affairs in the developing nations.
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Musbah, Abdelaziz, and Mira Kartiwi. "Factors Hindering the Adoption of Business-to-Consumer (B2C) in Developing Countries: A Case Study of Sudan." Information Management and Business Review 9, no. 4 (October 15, 2017): 28–33. http://dx.doi.org/10.22610/imbr.v9i4.1896.
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It has been commonly reported that e-commerce (electronic commerce) offers viable solutions to businesses in meeting the challenges of an environment that is undergoing changes. This study seeks to explore the factors that influence the adoption decision of Business-to-Consumer (B2C) e-commerce, using Sudan as a case study. The mixed method design was adopted in two stages in which both exploratory and descriptive research approaches were undertaken. Data was collected from enterprises by questionnaire and through the analysis of research and semi-structured interviews. The findings revealed that most enterprises in the country are still in the initial stages of adoption of B2C e-commerce despite the wide growth of Internet use among enterprises in Sudan. Many factors could be responsible for the low usage of e-commerce among the enterprises in Sudan. Technical barrier is seen as the major barrier that affects the adoption of B2C e-commerce. However, this is accompanied by regulatory and legal barriers. One of the factors that inhibit e-commerce adoption in SMEs in Sudan is the lack of Internet security. Other factors include limited use of web portals and Internet banking by enterprises. The use of credit card and visa card is prohibited in Sudan due to the sanction from the United States of America. However, these issues resulted in all type of transactions that involves carrying cash. This makes it risky for customer who carry huge sum of money. In order to improve B2C e-commerce adoption technologies, this study plays a significant role to organizations and supporting organizations, especially those operating in countries with a unique situation like Sudan.
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Jamali, Dima, Peter Lund-Thomsen, and Navjote Khara. "CSR Institutionalized Myths in Developing Countries." Business & Society 56, no. 3 (July 27, 2016): 454–86. http://dx.doi.org/10.1177/0007650315584303.
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This article examines joint action initiatives among small- and medium-sized enterprises (SMEs) in the manufacturing industries in developing countries in the context of the ascendancy of corporate social responsibility (CSR) and the proliferation of a variety of international accountability tools and standards. Through empirical fieldwork in the football manufacturing industry of Jalandhar in North India, the article documents how local cluster-based SMEs stay coupled with the global CSR agenda through joint CSR initiatives focusing on child labor. Probing further, however, also reveals patterns of selective decoupling in relation to core humanitarian and labor rights issues. Through in-depth interviews with a wide range of stakeholders involved in the export-oriented football manufacturing industry of Jalandhar in North India, the article highlights the dynamics of coupling and decoupling taking place, and how developing country firms can gain credit and traction by focusing on high visibility CSR issues, although the plight of workers remains fundamentally unchanged. The authors revisit these findings in the discussion and concluding sections, highlighting the main research and policy implications of the analysis.
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Tambunan, Tulus Tahi Hamonangan. "Micro and Small Industries and the Use of Internet: Findings from Indonesian." Jurnal Ekonomi Indonesia 8, no. 2 (December 31, 2019): 203–24. http://dx.doi.org/10.52813/jei.v8i2.20.
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This study aims to examine the development of Indonesian micro and small enterprises in the manufacturing industry (called micro and small industries/MSIs) in utilizing the internet for their businesses. By nature, this is a descriptive study, which analyses secondary data. It also reviews key literature on the use of ICT by micro, small, and medium enterprises (MSMEs) in developing countries. It shows that MSMEs, dominated by micro and small enterprises (MSEs), has been the leading player in Indonesian domestic economic activities as they accounted for more than 90 percent of all firms and contributed to more than 50 percent of gross domestic product (GDP). But, only a small fraction of these enterprises in Indonesia that utilize the internet for business, and the intensity of internet usage varies by province and type of business. This is the first macro-level studyever conducted in Indonesia on the use of the internet by MSEs across sectors based on national data from the 2016 Economic Census conducted and data on the 2016 survey on MSEs in the manufacturing industry (MSIs). Thus, the findings of this study may add new empirical evidence to the literature on the utilization of ICT by MSMEs in developing countries.
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Su, Ruixin, Tong Zheng, Yuzhao Zhong, and Weizhou Zhong. "Role of Digital Inclusive Finance for High-Quality Business Development: A Study of China’s “Five Development Concept” Policy." Sustainability 15, no. 15 (August 7, 2023): 12078. http://dx.doi.org/10.3390/su151512078.
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The “Five Development Concept” policy is the foundation of high-quality development in China, and enterprises should base their high-quality development on this new paradigm. Can digital inclusive finance play a vital role in the high-quality growth of those businesses? This paper examines the relationship between digital inclusive finance and high-quality corporate development and its mechanism of action. This study demonstrates that digital financial inclusion can facilitate high-quality business development. Heterogeneity analysis shows that the contribution of digital inclusion to high-quality businesses development is more evident among non-state, large growth capacity and small-scale enterprises. An investigation of the mechanism reveals three pathways through which high-quality enterprise development is facilitated via digital inclusive finance, namely improving innovation, easing financing constraints, and improving risk taking, and a triple internal drive mechanism of innovation, capital, and risk is extant. This paper enhances the research related to the micro-level of digital inclusive finance on the high-quality development of enterprises, which is conducive to the construction of a long-term mechanism of digital inclusive finance under the new development pattern, so as to effectively facilitate the high-quality development of enterprises in developing countries.
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AKANG, AKANINYENE UDO (MNIM). "REGULATORY COMPLIANCE AND ACCESS TO FINANCE: IMPLICATIONS FOR BUSINESS GROWTH IN DEVELOPING ECONOMIES." Sciental Journal of Education Humanities and Social Sciences 1, no. 2 (February 26, 2024): 8–23. http://dx.doi.org/10.62536/sjehss.2023.v1.i2.pp8-23.
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This paper examines how regulatory compliance requirements and access to suitable financing sources influence business growth potentials, particularly for small and medium enterprises in developing economies. The critical linkages between these factors are established through a review of academic literature and real-world case studies. Strict or disproportionate regulations are shown to impose significant compliance costs that hinder investments and expansionary activity. Lack of access to credit also constrains working capital and innovation expenditures needed to drive competitive advantages. A range of regulatory and financial system reforms are recommended to remove unnecessary bottlenecks while maintaining prudent oversight. Proposed strategies aim to streamline and digitize compliance, build capabilities, tailor support for micro-enterprises, and broaden credit availability. If implemented effectively, these recommendations can optimize developing countries' regulatory environments to maximize the productive contributions of small businesses.
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Wang, Xinyi, and Xinyi Wang. "The Impact of Capital Structure on the Corporate Governance." Journal of Education, Humanities and Social Sciences 30 (April 19, 2024): 19–25. http://dx.doi.org/10.54097/xw6naa65.
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The purpose of this paper is to analyze the general characteristics of capital structure and measures to optimize the capital structure of each enterprise under heavy-asset and light-asset industries, the characteristics, differences, and connections of capital structure of each enterprise underdeveloped and developing countries, as well as the similarities and differences between the capital structure of Chinese and Vietnamese enterprises. Meanwhile, it discusses the assumptions and limitations of the classical capital structure theory, the Modigliani-Miller theorem. It concludes that it is difficult for firms to have an optimal debt-to-debt ratio in the actual business environment. Therefore, no matter in different industries or markets, each enterprise should choose the capital structure that best suits its own operating characteristics, objectives, and business conditions according to the macroeconomic environment and relevant national policies, financial market environment, market demand, industry competition, and development trends, as well as its business planning, etc. This will help the enterprise improve its operating ability and ability to cope with economic risks and market changes, realize the enterprise's progress in various aspects, and ultimately benefit the long-term development and sustainable operation of the enterprise.
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Lennard, Michael. "Base Erosion and Profit Shifting and Developing Country Tax Administrations." Intertax 44, Issue 10 (October 1, 2016): 740–45. http://dx.doi.org/10.54648/taxi2016063.
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The Organisation for Economic Co-operation and Development (OECD) membership comprises thirty-four countries, and adding G20 countries which are not OECD members gives a total of forty-two countries participating most directly in the base erosion and profit shifting (BEPS) norm setting. There are therefore 151 UN Member countries whose participation in the BEPS process can be seen as relatively peripheral. Their political and representational significance and its relevance to global tax norm setting is often missed by a relevant but incomplete focus on the economic importance of the Group of Twenty (G20). The application to, and adaptation of, the BEPS outcomes to those countries, the likelihood of their commitment to such outcomes, and the way in which any such commitment is likely to find expression in practice are important to businesses economically engaging with such countries. In particular, an awareness of the way in which such countries are likely to view BEPS norm development and implementation, and to add to or depart from it on issues like the taxation of the services economy, should be a necessary part of any business planning, especially for global multinational enterprises (MNEs) seeking to engage with those countries as long-term business and development partners going forward. This article considers some of the key BEPS Actions and ‘Inactions’ in this context.
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Arkhipova, M. Yu, and A. A. Cherviakova. "The Role of Small Manufacturing Enterprises in Innovation Development of the Real Sector of Economy: Economic and Statistical Study." Voprosy statistiki 29, no. 3 (July 6, 2022): 26–45. http://dx.doi.org/10.34023/2313-6383-2022-29-3-26-45.
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The aim of the economic and statistical study presented by the authors is the evaluation of the role of small manufacturing enterprises in innovation development of real sector of Russian economy. Compared to developed countries, Russia is characterized by a relatively low innovative activity of small industrial enterprises, as well as by their smaller contribution to employment and to the increase of living standards of the population. At the same time, small industrial enterprises have the highest potential for innovation growth, especially in high-tech economic activities. The similarity of small enterprises’ definition in Russia and in the European Union, the magnitude of innovative activity of small enterprises in Europe, and the development of instruments to support innovative companies make studying the European experience in stimulating the innovative activity of small enterprises in the real sector of the economy in order to adapt it to domestic practice relevant.The authors reveal the potential areas of innovative activity growth for small manufacturing enterprises on the basis of foreign experience as well as develop recommendations on support for small entrepreneurship in industrial sector. The research is based on Community Innovation Survey (CIS), national reports of European countries on the topic, the federal statistical surveys № 4 and № 2-MP provided by the Federal State Statistics Service.The study revealed key drivers of European small enterprises’ innovative activity: well-developed cooperation with other organizations, substantial investment in R&D, broad coverage of small business enterprises with support measures. Best European practices of small enterprises’ innovative activity and the analysis of the main barriers of Russian small enterprises’ innovative activity allowed to define the promising directions for supporting small business the real sector of economy of Russia: developing modernization programmes for enterprises, extending the access to borrowed financial sources, developing cooperation ties between small business enterprises. The authors highlighted growth points of innovative activity of small manufacturing enterprises that can be taken into account while developing support measures in order to increase small business’ innovative activity, create new jobs and provide population employment.
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Kyove, Justine, Katerina Streltsova, Ufuoma Odibo, and Giuseppe T. Cirella. "Globalization Impact on Multinational Enterprises." World 2, no. 2 (April 15, 2021): 216–30. http://dx.doi.org/10.3390/world2020014.
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The impact of globalization on multinational enterprises was examined from the years 1980 to 2020. A scoping literature review was conducted for a total of 141 articles. Qualitative, quantitative, and mixed typologies were categorized and conclusions were drawn regarding the influence and performance (i.e., positive or negative effects) of globalization. Developed countries show more saturated markets than developing countries that favor developing country multinational enterprises to rely heavily on foreign sales for revenue growth. Developed country multinationals are likely to use more advanced factors of production to create revenue, whereas developing country multinationals are more likely to use less advanced forms. A number of common trends and issues showed corporate social responsibility, emerging markets, political issues, and economic matters as key to global market production. Recommendations signal a strong need for more research that addresses contributive effects in the different economies, starting with the emerging to the developed. Limitations of data availability and inconsistency posed a challenge for this review, yet the use of operationalization, techniques, and analyses from the business literature enabled this study to be an excellent starting point for additional work in the field.
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Abdilakimov, Gofur. "ANALYSIS OF SOME ASPECTS OF SMALL BUSINESS MANAGEMENT." International Journal Of Management And Economics Fundamental 03, no. 03 (March 1, 2023): 5–13. http://dx.doi.org/10.37547/ijmef/volume03issue03-02.
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Small business and private entrepreneurship play an important role in the socio-economic development of all countries in the conditions of globalization taking place in the world today. In the current era of rapid changes, attention is being paid to business and entrepreneurship as one of the decisive, strategically important, priority areas of economic reforms. Because this industry is an industry that can quickly adapt to the demands and changes in the world and regional markets, and can quickly withstand the threats and negative consequences of the global financial and economic crisis. Today, 90% of businesses in developing countries are small and medium-sized enterprises, and they provide the opportunity to create more than 50% of jobs. Formally established small business enterprises account for 40% of the GDP of these countries. The World Bank estimates that by 2030, 600 million jobs will be needed to keep up with the growing population. This requires rapid development and institutional modernization of small business and private entrepreneurship. Therefore, this problem sets the task of expanding the scope of scientific research in this regard, introducing innovative technologies to the field on a large scale.
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Williams, Colin C., Alvaro Martinez-Perez, and Abbi Kedir. "Does bribery have a negative impact on firm performance? A firm-level analysis across 132 developing countries." International Journal of Entrepreneurial Behavior & Research 22, no. 3 (May 3, 2016): 398–415. http://dx.doi.org/10.1108/ijebr-01-2016-0002.
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Purpose – Reflecting the moral theorisation of bribery as a negative phenomenon, bribery has been widely shown to have a deleterious impact at the national level on economic development and growth. The purpose of this paper is to evaluate whether it is also the case at the firm level that bribery has negative impacts on firm performance. Until now, the few studies conducted in individual nations and regions have produced mixed results. Here, therefore, a more comprehensive evaluation of the relationship between bribery and firm performance is undertaken across the developing world. Design/methodology/approach – To do so, World Bank Enterprise Survey data on 106,805 enterprises across 132 developing countries is used to provide a firm-level analysis of the relationship between bribery and firm performance. Findings – The finding is that bribery enhances firm performance. Firms asserting that it is necessary for enterprises like theirs to give gifts or payments to public officials in order to get things done have 13.9 per cent higher average annual sales growth rates and 48 per cent higher annual productivity growth rates, after controlling for other determinants of firm performance. Practical implications – Given that engaging in bribery at the firm level results in higher firm performance, despite bribery having an overall detrimental negative impact at the country level, public authorities will need to develop measures to alter not only the cost-benefit ratio confronting individual enterprises but also the institutional deficiencies that result in the prevalence of bribery. Originality/value – This is the first firm-level evaluation of the relationship between bribery and firm performance across the developing world.
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Hubeis, Musa. "Dissemination Technology For Small-Medium Scale Enterprise." Business and Entrepreneurial Review 5, no. 1 (October 19, 2016): 1. http://dx.doi.org/10.25105/ber.v5i1.961.
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<p>Small-medium scale enterprises enterprises (SME) found in developing and developed countries is still facing classical handicap such as technology, finance, managerial and market accessibility, in spite of its high flexibiliry, responsiveness, dynamic and resistance. Therefore, designing and management of SME in context of technology dissemination needs to understand business dimension as enterprise description, product/service, market, enterprise location, competition, management, personnel, budget, research and development. Beside general technology, both SME in general and specific are closely related to: (1) Technology choice covering technology complexities, capital intensity, and human resource (HR) quality; (2) Technology learning strategy based on learned technology position combination, both process and products with faced competition, through existing learned technology, technology integration, technology development and basic research; (3) Enterprise unit covering enterprise scale, HR, organization,<br />location, product type, enterprise unit, experiences, competition level and business network; (4) Performance indication of business unit and business man, and technology diffusion institutions; (5) Linkages of business with characteristics of authority, functional, normative and diffusion. Dissemination pattern of integrated and sustainable technology is expected to establish network among development subjects intensively and dynamically, to compile agenda of transfer technology, implement technology that is appropriate and develop learning organization for technology dissemination activities.</p>
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MUNGARAY-LAGARDA, ALEJANDRO, JOSÉ G. AGUILAR-BARCELÓ, and GERMÁN OSORIO-NOVELA. "RETHINKING THE PURPOSE OF MICRO ENTERPRISES IN DEVELOPING COUNTRIES: EVIDENCE FOR MEXICO." Journal of Developmental Entrepreneurship 21, no. 03 (September 2016): 1650019. http://dx.doi.org/10.1142/s1084946716500199.
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A large body of economic literature has established that the primary purpose of any firm assuming unitary and constant elasticity of substitution of production inputs, among other necessary conditions, is profit maximization. However, the prevailing operating conditions of the micro enterprises raise concerns about the applicability of this formalization. Through an empirical study for Mexico using a four-input translog function (capital, labor, energy and supplies), and based on cross-sectional data, we find that the elasticities of substitution between production inputs are not unitary; in fact, some of them are complementary. This forces us to consider that instead of seeking to maximize profits, some types of micro enterprises are looking to optimize their installed capacity or achieve financial survival of the owner and their family, thus relaxing the foundations of economic analysis for the very small-scale and nascent micro enterprises.
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Karki, Bir Bahadur. "Practices of Micro Enterprises in Nepal." Journal of Nepalese Business Studies 10, no. 1 (February 5, 2018): 20–27. http://dx.doi.org/10.3126/jnbs.v10i1.19130.
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Entrepreneurship is perceived as an effective way to escape from poverty and paternalism. In developing countries, the informal sector is an important source of employment. Micro-enterprise is a tiny industry usually of 1-10 people that is profit-oriented and may be owned by a man or a woman. Micro Enterprise Development Programme (MEDEP) is launched in the country with technical and financial support of United Nations development Programme (UNDP) since 1998. Parbat and Baglung districts are selected for the purpose of fieldwork. Objectives of the study are to identify practices of business registration, nature and types of enterprises, location of business, conducted of main business and entrepreneurs manage their business premises. The study is based on survey research approach. Data are collected through primary sources. Both qualitative and quantitative data have been used in this study. The result shows that out of total respondents 78.6 percent respondents did not register their firm in concern authority. Main reasons for not registered their business in concerned authorities is as follows: respondents have no knowledge, lengthy procedures; registration office is too far, costly, difficult to fill in the forms, and other reasons for not being registered. The result of study shows that out of total micro enterprises, 83.9 percent enterprise belongs to sole proprietorship and 10.8 percent belongs to partnership. To identify nature of business, there were given seven options. It is found that out of total respondents, near about fifty percent entrepreneurs have agro-based enterprises, 15.8 percent and 15.2 percent entrepreneurs have forest –based enterprise, and skilled-based enterprises respectively. The result shows that most of the entrepreneurs conducted their business in rural area i.e. 90.6 percent. An attempt has been made to identify conducted main business through questionnaire and it is found that out of total entrepreneurs, more than two third entrepreneurs conducted their business in their own land and building. Another survey result showed that 80.6 percent entrepreneurs arrange their business premises in without rent. It seems that most of the entrepreneurs conduct their business in rent free premises.The Journal of Nepalese Business Studies Vol. X No. 1 December 2017, Page: 20-27
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Napitu, Ulung, Corry, Anggiat Sinurat, Tuangkus Harianja, Ease Arent, Mardiani, Ade MeyLisca Nasution, and Hasian Napitu. "SOSIALISASI PERAN PERGURUAN TINGGI DAN AKADEMISI SEBAGAI INKUBATOR BISNIS DALAM PENGUATAN KOPERASI SEBAGAI LEMBAGA EKONOMI KERAKYATAN MENUJU KOPERASI MODERN BAGI PELAKU UKM DI SUMATERA UTARA." Jurnal Pengabdian Masyarakat Sapangambei Manoktok Hitei 2, no. 1 (March 31, 2022): 43–59. http://dx.doi.org/10.36985/jpmsm.v2i1.16.
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This community service aims to provide an understanding that universities and academics act as business incubators for developing small and medium enterprises. In order to support the growth and development of SMEs, there needs to be a synergy from various parties ranging from academia, industry, and universities as stakeholders. The business incubator is a place used by many developing countries, including Indonesia, as a means of developing new businesses and/or small and medium enterprises (SMEs). The business incubator itself is an institution that oversees a business incubation in the coaching process for small businesses and/or new product development as well as the provision of business facilities and infrastructure, business development, and management and technology support. The availability of skilled labor needed by the Business and Work World (DUKA) is still very low. This is revealed from data from the Central Statistics Agency (BPS) which was announced in February 2020, which was around 13%. This condition is a challenge for universities not to exacerbate this condition by introducing an early work environment to students, so that theycan become graduates according to the needs of the job market, either as employees or business owners through student business incubators at universities. The Business Incubator is a form of Academic Entrepreneurship adapted to the industrial era 4.0 based on the use of electronic media and the internet. To socialize the community service material to SME business actors, the lecture method and question-and-answer method are used for 90 minutes. The results of the socialization have further increased the understanding of the community and SMEs about the importance of developing business incubators as business facilities and infrastructure in business development
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Napitu, Ulung, Corry, Anggiat Sinurat, Tuangkus Harianja, Ease Arent, Mardiani, Ade MeyLisca Nasution, and Hasian Napitu. "SOSIALISASI PERAN PERGURUAN TINGGI DAN AKADEMISI SEBAGAI INKUBATOR BISNIS DALAM PENGUATAN KOPERASI SEBAGAI LEMBAGA EKONOMI KERAKYATAN MENUJU KOPERASI MODERN BAGI PELAKU UKM DI SUMATERA UTARA." Jurnal Pengabdian Masyarakat Sapangambei Manoktok Hitei 2, no. 1 (February 17, 2023): 43–59. http://dx.doi.org/10.36985/jpmsm.v2i1.503.
Full textAbstract:
This community service aims to provide an understanding that universities and academics act as business incubators for developing small and medium enterprises. In order to support the growth and development of SMEs, there needs to be a synergy from various parties ranging from academia, industry, and universities as stakeholders. The business incubator is a place used by many developing countries, including Indonesia, as a means of developing new businesses and/or small and medium enterprises (SMEs). The business incubator itself is an institution that oversees a business incubation in the coaching process for small businesses and/or new product development as well as the provision of business facilities and infrastructure, business development, and management and technology support. The availability of skilled labor needed by the Business and Work World (DUKA) is still very low. This is revealed from data from the Central Statistics Agency (BPS) which was announced in February 2020, which was around 13%. This condition is a challenge for universities not to exacerbate this condition by introducing an early work environment to students, so that theycan become graduates according to the needs of the job market, either as employees or business owners through student business incubators at universities. The Business Incubator is a form of Academic Entrepreneurship adapted to the industrial era 4.0 based on the use of electronic media and the internet. To socialize the community service material to SME business actors, the lecture method and question-and-answer method are used for 90 minutes. The results of the socialization have further increased the understanding of the community and SMEs about the importance of developing business incubators as business facilities and infrastructure in business development
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Siekelova, Anna, Maria Kovacova, Peter Adamko, and Vojtech Stehel. "Profit Management as an Instrument for SMEs Developing: the Case for Slovakia." Marketing and Management of Innovations, no. 3 (2019): 285–96. http://dx.doi.org/10.21272/mmi.2019.3-22.
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The goal of the business should reflect its efforts to achieve a certain future state. Classical economic theories emphasize the achievement of profit as a fundamental goal of business. Modern theories consider gaining profit as one of the basic motivating factors. In practice, we distinguish several profit categories that are described in our contribution. The effort of businesses is detection of indicators that help enterprises to generate profit. In our contribution, we focused on the analysis of the profitability of small and medium-sized enterprises as well as on the identification of indicators that significantly influence the rate of profit. In our research we worked with a sample of 9,500 Slovak small and medium-sized enterprises. It was primarily a limited liability company with domestic ownership. We mainly focused on this type of businesses because many authors emphasize the irreplaceable role of small and medium-sized enterprises in countries' economies. Small and medium-sized enterprises play a very important role not only in Slovakia but also in the global economy. The significantly influence the creation of hundreds of jobs, regional development or a high percentage of GDP. Approximately 98% of enterprises in the Slovak Republic fall into the category of small and medium-sized enterprises. For their functioning, it is very important to have the capital that they inevitably need, either for the start of business as such, for development. However, these type of businesses does not always have easy access to financing, especially in the case of bank loan financing. Profit for SMEs is a very important internal source of funding. The aim of our paper is profit analysis and identification of the main profit-taking indicators. The analysis of the profitability was conducted by using methods of descriptive statistics. Based on the studied literature, we selected individual profit categories as basic indicators of profitability as well as selected indicators of profitability that are defined below. Pearson's correlation coefficient and the one-way ANOVA were used to examine the relationship between the selected indicators and achieved profit. Graphs and charts are used to clear the processing of the results of our research. Keywords: ANOVA, cash management, earnings before interest and taxes, earnings before interest, taxes, depreciation and amortization, net operating profit after tax, earnings before interest after taxes, Pearson correlation coefficient.
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Tirtosuharto, Darius. "The Impact of Public Capital Investments on the Revenue Growth of Medium Enterprise in Indonesia." Gadjah Mada International Journal of Business 14, no. 3 (September 12, 2012): 253. http://dx.doi.org/10.22146/gamaijb.5476.
Full textAbstract:
Public capital investment represents the role of state and local governments in supporting greater capacity of private enterprises to gain success in a market economy measured by revenue growth. Medium enterprises are considered as the catalysts for economic growth and competitiveness particularly in developing countries due to efficiency and flexibility in an adverse economic environment. Using aggregate data of 30 states (provinces) in Indonesia from 1997-2002, the impact of public capital investment on the revenue growth of medium enterprise is examined. The paper finds that only medium enterprises in the industrial and trading sector benefited from public capital investments and the most optimum capital investment is in transport infrastructure.
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Spremo, Tihomir, and Jelena Mićić. "SMALL ENTERPRISES: KEY SOURCE OF EMPLOYMENT AND ECONOMIC GROWTH." ЗБОРНИК РАДОВА ЕКОНОМСКОГ ФАКУЛТЕТА У ИСТОЧНОМ САРАЈЕВУ 1, no. 11 (May 4, 2016): 63. http://dx.doi.org/10.7251/zrefis1511063s.
Full textAbstract:
Small enterprises, within the market economy, are initiators of economic development and an important part of every national economy. Due to the nature of private property, entrepreneurial spirit, flexibility and adaptability, as well as their potential to react to the challenges and turbulences in the environment, small businesses give a special contribution to economic growth and higher employment. Entrepreneurship and small business represent a significant and fundamental source for creation of new jobs and expansion of new business practices by providing a significant contribution to economic growth. This applies both to small businesses in the Republic of Srpska and the ones that are located anywhere in the world. The role of small enterprises is especially important in transition countries. During the global economic crisis, small businesses have, both in developed economies, and in the Republic of Srpska and BiH as a whole, proved to be resilient, although this period was characterized by a very poor business environment. The importance of entrepre-neurship and small firms in developing national economies are often the subject of professional and empirical discussion. However, recent developments have further confirmed the views that small businesses, in dealing with all the negativities of poor business environment in times of crisis, more quickly adapt to changes compared to larger enterprises and companies. This quality of small enterprises gives enough reason to pay special attention to the theoretical and practical aspects of this phenomenon, in order to make appropriate business decisions and implementation of development policy as a more efficient model for faster economic development of the national economy. The subject of this paper is to define the importance of small businesses in the economic growth of developed and developing countries. Through researching analyses, this paper examines the role and importance of small enterprises in economies of the European Union (EU) member states and the Republic of Srpska and BiH, especially regarding its influence on the employment growth and added value in a period of economic crisis and post-crisis years. This paper aims to explore and emphasize the interdependence between growth of small firms and new added values, reviewing economic development and employment in both developed and economies in transition. This paper attempts to present the importance of effects of analyzed economic indicators as a result of small enterprises in two separate periods (the period of global crisis and post-crisis period) and provide guidance and recommendations to policy makers on economic role of small firms in macroeconomic stability of the economy.