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Journal articles on the topic 'Small and medium enterprises (SME)'
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1
Bhardwaj, Shikha. "Data Analytics in Small and Medium Enterprises (SME)." Information Resources Management Journal 35, no. 2 (April 2022): 1–18. http://dx.doi.org/10.4018/irmj.291691.
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Data Analytics in small and medium enterprise (SME) is an emerging area of research and practice. Despite of growing importance of SME and increasing research in data analytics, the existing literature lacks an integrated view of the phenomena. To bridge this gap, a systematic literature review of 42 published research studies from peer-reviewed journals from 2010-2021, related to data analytics and SME is performed. After classification, categorisation, and synthesis, four broad themes are addressed namely enabling factors, restraining factors, investing SMEs and performance indicators. Further, research gaps identified thrust research areas and insights for future research directions are presented.
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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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Ceranic, Slobodan, and Blaženka Popovic. "Human resources management in small and medium enterprises." Applied Studies in Agribusiness and Commerce 3, no. 1-2 (May 30, 2009): 71–74. http://dx.doi.org/10.19041/apstract/2009/1-2/8.
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Development of small and medium enterprises (SME) represents primary goal of every modern economy. It is complex challenge which includes great number of directly concerned parties in every sector of the state and economy. SME stimulate private ownership and entrepreneurship. Their characteristic is that they are flexible and can easily adjust to changes in supply and demand on the market. At the same time they open possibilities for increase of employment, promote diversification of economical activities, support sustainable growth and give significant contribution to export, trade and increase the competitiveness of the entire economy. Importance of SME for economy is undisputable. All research show that globally, more than 90% of all business activities are realized by SME. SMEs employ two thirds of total labor of European Union. Approaching to European Union presumes harmonization of the systematic environment and improvement of the climate of entrepreneurship, private initiative, development of SME. This determination has strongpoint in current world processes that prefer the development of SME, utilizing their profit efficiency and established advantages relating to the adaptability of small business to dynamic changes in economy. Problem of Human resources management is very sensitive issue in SMEs. Namely, in big companies there are entire teams of agencies or consultants are hired for selection and education of new employees, whereas in SMEs this work is done by owner or manager. Therefore, in this paper several facts were pointed out which need to be considered in selection of new employees, since every mistake in this activity can cause far-reaching consequences on functioning of SME.
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Shin, Dong-Hee. "Public networks for SME applications: implications for future SME networks." Human Systems Management 23, no. 3 (August 15, 2004): 151–59. http://dx.doi.org/10.3233/hsm-2004-23301.
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I discuss experiences in the development of four broadband public networking projects in New York State in order to see an implication for future small or medium-sized enterprise over such public networks. The projects were funded under a state program to diffuse broadband/advanced telecommunication technologies in economically depressed areas of the state. Through the broadband networks, I critically argue characterization of next generation public network (NGPN) in reference to small medium-sized enterprises (SMEs). I identify several facets of an NGPN drawing on a longitudinal study of the network development in four New York communities. As broadband public networks diffuse, small businesses being left out of the loop. The idea of SME application and service may itself be at risk. My approach to the socio-technical challenges involved in the design and development of broadband public networks is outlined.
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Kurdgelia, Natia. "SOME ASPECTS OF COMPARATIVE ANALYSIS OF SME STANDARDS IN THE EU AND GEORGIA." Economic Profile 15, no. 20 (December 25, 2020): 113–18. http://dx.doi.org/10.52244/ep.2020.20.13.
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There are different attitudes towards small business definition. Basically, the laws of the countries are based on the criteria on the basis of which this or that enterprise belongs to the small business sector. However, in EU countries, small and medium enterprises are considered as small businesses and they are considered in one context. The concept of small and medium business combines number of employees, annual turnover and annual balance. The official definition of small and medium enterprises in Georgia is partially in line with EU standards. The concepts of small business and micro business are established only in terms of tax policy, while in institutional and quantitative or qualitative terms its definition is not officially definite.
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Zhao, Zi Qi, Xiang Rong Zou, and Chun Ping Li. "Design of ERP Management Information System for SME." Applied Mechanics and Materials 608-609 (October 2014): 440–44. http://dx.doi.org/10.4028/www.scientific.net/amm.608-609.440.
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Accounting and management cost is the important and difficult problem for small and medium enterprise management, but also it is the soul of ERP manufacturing system. ERP cost management system provides a more flexible cost calculation, accounting, management function, realizes the processing mechanism of business, financial integration. The paper discusses the process reengineering of the business plan based on the background of some small and medium enterprises, and set up the ERP system of enterprise. This system realizes the design of ERP system based on the powerful function of SAP R/3.
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Mohd Raof, Nurshadira, Syarizal Ab Rahim, Dzulkifli Mukhtar, and Mohd Zulkifli Muhammad. "THE CHALLENGES FOR SMALL MEDIUM ENTERPRISE (SME) IN THE COTTAGE INDUSTRIES." Advanced International Journal of Banking, Accounting and Finance 2, no. 2 (March 13, 2020): 01–12. http://dx.doi.org/10.35631/aijbaf.22001.
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There were many reasons why challenges happened around the sellers of SME business. The main purpose of this study was to identify the challenges of small-medium enterprises in cottage industries in Kota Bharu. Based on this study, there were literally four challenges of cottage industries in the SME business. The challenges in this study were the growth challenges in human resources, lack of operation management, financial deficiencies and lack of market power. In this study, face to face interview session was conducted and focused on business owners to obtain more information on what challenges they faced while running a small-medium enterprise (SME) business. The thematic content analysis was used to analyse the interview data. The analyse data suggested themes reflect these challenges.
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Suradi, Didi, Hermanto Siregar, and Bagus Sartono. "Non-Performing Loan Determinants during COVID-19 Pandemic (Case Study at Bank XYZ)." International Journal of Research and Review 8, no. 12 (December 16, 2021): 301–10. http://dx.doi.org/10.52403/ijrr.20211237.
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Non-Performing Loans (NPL) is a financial ratio that shows the credit risk faced as a result of granting credit and investment funds on different portfolios. This study aimed to analyze the determinants of Non-Performing Loans (NPL) before and during the Covid 19 pandemic at Bank XYZ. NPL can be caused by internal or external factors from Bank XYZ. The analytical method used is the Mixed method which combines quantitative and qualitative analysis. Data analysis used multiple linear regression method using time series data for the 1st quarter of 2013- 4th quarter of 2020. The analysis method used multiple linear regression to see the influence of internal factors are total credit, Return on Equity, Loan to Deposit Ratio, Net Interest Margin, total assets, BOPO, condition dummy before after transformation and external factors are Benchmark Interest Rate, exchange rate (exchange rate), Inflation, Industry Production Index, dummy conditions before and during the Covid 19 pandemic on Bank XYZ's NPL. The estimated regressions are the overall NPL, the Small Medium Enterprise (SME) Business Segment NPL, the Small Medium Enterprise (SME) Business Segment for the wholesales business sector, and the Small Medium Enterprise (SME) Business Segment NPL for the Retailer business sector. Data processing using E-views software version 9.0. The result of this research are factors that affect the overall NPL: Dummy Transformation, Net Interest Margin, and total assets, for the NPL for the Small and Medium Enterprises (SME) segment: total assets, dummy transformation and Net Interest Margin (NIM), NPL for the Small and Medium Enterprises (SME) business sector Wholesales: BOPO NIM, Lending growth, total assets, ROE and Dummy Transformation, for the NPL segment of Small and Medium Enterprises (SMEs) Retailer business sector: Net Interest Margin (NIM) and total assets. The impact of the COVID-19 pandemic on NPLs was most felt by the NPL all, SME business segment credit and the wholesales business sector. Keywords: covid-19 pandemic, NPL, NPL SME, retailer, wholesales.
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Odoom, Raphael, George Cudjoe Agbemabiese, Thomas Anning-Dorson, and Priscilla Mensah. "Branding capabilities and SME performance in an emerging market." Marketing Intelligence & Planning 35, no. 4 (May 6, 2017): 473–87. http://dx.doi.org/10.1108/mip-08-2016-0138.
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Purpose The purpose of this paper is to test the effect of brand regulations on the relationship between enterprises’ branding capabilities (internal and external) and performance. It also examines the hypothesized relationship effects across manufacturing and service-based enterprises. Design/methodology/approach The study uses data from 384 small- and medium-sized enterprises (SMEs) within an emerging market setting. Moderated hierarchical regression was used to examine the theoretical interrelationships between branding capabilities and enterprise performance within the boundaries of regulations. Findings Results from the study suggest that both internal and external branding capabilities positively affect enterprise performance. However, the effect is confounded as brand regulations attenuate the relationship between enterprises’ branding capabilities and performance. Varying outcomes across manufacturing and service-based enterprises are also assessed. Originality/value The study suggests that policy makers should review regulations on businesses, particularly those relating to the small business sector. Regulations that ameliorate activities of SMEs should be implemented to promote existing enterprises, and attract new ones for industrialization in emerging markets. The findings provide evidence for issues of potential research and managerial interest, with implications for both policy makers, small business owners and the academic community.
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Queiroz, Stefania A. B., Glauco H. S. Mendes, Jorge H. O. Silva, Gilberto M. D. Ganga, Paulo A. Cauchick Miguel, and Maicon G. Oliveira. "Servitization and performance: impacts on small and medium enterprises." Journal of Business & Industrial Marketing 35, no. 7 (April 10, 2020): 1237–49. http://dx.doi.org/10.1108/jbim-06-2019-0277.
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Purpose This study aims to examine the impact of the servitization on the performance of small and medium enterprises (SMEs) in Brazil. Design/methodology/approach The study uses data from Brazilian SMEs and applies partial least squares structural equation modeling (PLS-SEM) to test the research hypotheses. Findings The findings suggest a positive relationship between servitization and SME performance. It is found that the strategy of offering base services does impact SME performance. Furthermore, servitization aims to promote a fit between environmental pressures and SME performance. Practical implications SMEs can use servitization to increase their performance in spite of their resources restrictions, size limitation and low level of service revenue. However, the adoption of servitization should be accompanied by managerial adjustments in servitization practices. Originality/value This paper is dedicated to investigating the servitization-performance relationship in the context of SMEs, which is not a usual research publication. Moreover, it adds to the servitization theory by demonstrating that it is not necessary to reach a critical mass of services to be profitable and base services may be also a source of revenues and profits.
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Reswita, Andi Irawan, and Ketut Sukiyono. "THE ROLE OF SMALL AND MEDIUM ENTERPRISES (SME) ON THE ECONOMY." International Journal of Social Science 1, no. 4 (December 14, 2021): 467–72. http://dx.doi.org/10.53625/ijss.v1i4.743.
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SME is the productive economic activity widely occupied by the people to sustain their household economy, community, and nation's economy. The SME sector can stand firmly as one of the economic prime-movers for many circles within the community, providing and absorbing workforce to decrease unemployment in the society. The presence of SMEs can also provide added value on farming products so that the farming commodity may increase its usefulness value. This article aims to discuss the role of SMEs in the Indonesian economy. The research method implemented in arranging this study is a literature study by reviewing articles published by the previous writers and examining the abstract of those researches. Based on the literature study, this research concluded that SME presence, either internationally, nationally, or developing economic growth in various regions in Indonesia. The SME has the crucial meaning and roles for developing and increasing the income (PDB and PDRB), provider and employee/workforce, diminishing poverty rate, increasing investment rate, increasing foreign commerce through export, and contributing tax as the state income sources.
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Nurdayadi, Nurdayadi. "CORPORATE INCOME TAX OF SMALL MEDIUM ENTERPRISE (SME)." Emerging Markets : Business and Management Studies Journal 4, no. 2 (March 8, 2018): 17–39. http://dx.doi.org/10.33555/ijembm.v4i2.3.
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Tax is recently getting the most important income source for the country. In the case of Indonesia, every year the government has increased the annual target of tax income, but it has not been easily and successfully to achieve. In 2013 the government wishes to target the sources of income tax deriving from that small and medium business scale. The research which focuses on the medium scale of corporate tax payer business, would like to see and evaluate implementation of Government Regulation number 46, year 2013 (PP 46/2013), by doing simulation and regression analysis. Those corporate tax payers with the annual sales of around Rp. 7,000,000,000,- seems to be facing a dilemma situation to whether or not to comply with. Particularly since this government regulation does not take into consideration the impact to the tax payers cash flow when financial trouble is being faced and even at the time the companies run in loss situation. It seems it has been the time for the government to review the effectiveness of this regulation, how is being implemented across the country, especially by those corporate tax payers who are preparing book keeping and submitting tax report. The issue of accuracy, accountability and financial engineering follows the implementation of creativity accounting and tax accounting treatment, should have been the concern of the tax office. The idea and advices of mandatory audited financial report is prominent in this research, in order to reach the more targeted collecting tax fund from this class of enterprises in Indonesia.
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Bortnikova, Liudmyla. "OPPORTUNITIES OF VALUE CREATION GLOBAL CHAINS FOR SMALL AND MEDIUM BUSINESSES." Economic Analysis, no. 28(4) (2018): 173–78. http://dx.doi.org/10.35774/econa2018.04.173.
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Introduction. Small and medium-sized enterprises (SME) face with many obstacles in the process of joining the global value chains. They include small scale of businesses (large corporations require bigger volumes of raw materials), relatively higher production costs, information vacuum, scarce resources for innovations, limited access to finance, weak institutional support, and, in general, the poor ability to compete with large firms in research and entry into global markets. Purpose. The article aims to reveal the opportunities and barriers for small and medium-sized businesses in Ukraine in the value creation global chain. Results. Significant prospects for Ukrainian SME in value creation global chains are opening up in the field of green investments (production of environmentally friendly products or energy efficient appliances etc.). However, there is a serious risk to business in value chains: the end-producer puts suppliers in a strict framework, where the supplier actually loses the functions of an independent enterprise, and becomes the “sub-unit” of a large corporation. The role of the state in developing export potential of SME to integrate them in global value-added chains is crucial, namely, informing about the possibilities of participation in global chains, the preferential financing of SME as participants of chains, protection of intellectual property and tax incentives for innovative enterprises, subsidies for product standardization. Ukraine should join the international standards of value added reporting by type of enterprises.
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LE, Tien Dat, and Phong Tuan NHAM. "Leadership Styles in Vietnamese Small and Medium Enterprises." Webology 18, no. 2 (December 23, 2021): 317–46. http://dx.doi.org/10.14704/web/v18i2/web18324.
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Leadership and leadership styles are considered as decisive factors to the success and failure of small and medium enterprises (SMEs). The objectives of the paper are to identify benefits and drawbacks of applying three major leadership styles, namely autocratic, democratic and laissez-faire styles of Vietnamese SMEs leaders, who are working in various business fields. The qualitative approach was used to explore the perceptions of 51 Vietnamese SME managers, and the N-vivo software was useful in data analysis. The theoretical contribution, therefore, can be seen by the in-depth investigating on the leadership styles from the multi-dimensional viewpoints of SMEs leaders in the culture context of one Asian emerging nation such as Vietnam. The paper is also expected to be useful for SME managers to better understanding leadership styles, in order to adjust and perfect their leadership behaviors for more effective managerial and organizational performance.
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Ulewicz, Robert, and Robert Kucęba. "Identification of problems of implementation of Lean concept in the SME sector." Ekonomia i Zarzadzanie 8, no. 1 (March 1, 2016): 19–25. http://dx.doi.org/10.1515/emj-2016-0002.
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Abstract The article presents identification of problems during the implementation of Lean concept in small and medium-sized enterprises in Poland. Although the Lean methodology is recognized all over the world as one of the best and most effective ways to improve the functioning of enterprises, in Polish conditions exist serious problems with its implementation. Development of small and medium-sized enterprises is regarded as one of the measures of economic growth and a sign of healthy competition. The needs of the economy and the limited resources characterizing this enterprise sector imply the need to adjust its capacities to the requirements of the turbulent environment. In the analysis of problems there were used the results of questionnaire surveys conducted among representatives of the companies participating in the largest Lean conference in Central Europe.
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Nykyforuk, O. I., and U. B. Berezhnytska. "Transformation of institutional environment of small and medium enterprises development." Ukrainian Society 79, no. 4 (December 30, 2021): 64–84. http://dx.doi.org/10.15407/socium2021.04.064.
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Theoretical and historical perspectives study the logic and dynamics of institutional changes in the deregulation of small and medium-sized enterprises (SME). The paper specifically considers the conditionally and nature of institutional changes in socio-economic systems in the context of leading trends and challenges of our time. These processes are designed for SME development policy. The methods of scientific cognition, analysis and synthesis, logical generalization, deductive technique, complex evaluation, graphics, and others are used. Based on the definition of relationships between the basic categories of institutionalism under the influence of economic changes and the clarification of the functional purpose of the institutional environment to create a favourable “microclimate”, appropriate conditions for activity and development, the process of the institutional environment of SME development formation during the 30 years in Ukraine is generalized. The process mentioned above is divided into three periods: the 1st – since 1991, the intensification of institutional changes in SME development policy when the State Committee of Ukraine for Regulatory Policy and Entrepreneurship Development and the Ukrainian Entrepreneurship Support Fund were established; the 2nd – since 1998, when the SME support system was formed and developed directly during 2000–2011; and the 3rd period – since 2014, when there was stagnation and decline of the constructed SMEs development support system, but there were some isolated, unfortunately, chaotic institutional initiatives during 2018–2020. The scientific novelty lies in the reflection of economic changes in the institutional environment of SME development in Ukraine under the influence of the most fundamental structural socio-economic transformations and global factors: globalization, internationalization (1991–1997), innovative development, socialization, intellectualization of the economy (1998–2013), sustainable development, digitalization (2014–2021). The presented scheme of influence allowed generalizing the tendencies under the influence of which the institutional environment of SME development formed and gave the chance of predicting at the expense of what components and from what sources institutional changes can be expected. Practical significance: the recommendations can be used in forming and implementing of the national and regional targeted programs for SME support and development in Ukraine.
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Lu, Yi Qing. "Internet Financial Innovation Based on Enterprise Growth Cycle for the Small and Medium Enterprises." Advanced Materials Research 989-994 (July 2014): 5386–89. http://dx.doi.org/10.4028/www.scientific.net/amr.989-994.5386.
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Financing is always a big problem in the development of small and medium-sized enterprises (SME) in our country. It’s necessary to develop Internet financial to support the development of real economy and improve SME’s financing situation. In this paper, an analysis of the SME’s financing innovation is described and then an internet financing innovation which is oriented to growth phase SME is proposed, in order to better meet SME’s financing requirement in different growth phases.
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Gamundoy, Leslie Ann, Remedios Bucal, and Flordeliza Em. "Challenges of Small and Medium Enterprise towards Progress." JPAIR Multidisciplinary Research 42, no. 1 (October 11, 2020): 75–88. http://dx.doi.org/10.7719/jpair.v42i1.805.
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The major concern of this study is to identify the challenges of small and medium enterprises towards progress in Pulo in the City of Cabuyao, Laguna, the Philippines as assessed by the business owner- respondents. By understanding their challenges, it is expected to improve the competitiveness of SMEs, and that eventually, they will grow and expand their businesses. When it comes to the nature of the business, the service type is the most commonly used by the medium enterprise business-owners with the least capitalization of 11,000 and up and with a capacity of 11 years of business operations. They all agreed that they encounter some difficulties in availing of funds because of lots of requirements in loan applications for business. They are also amenable to growing stiff competition that arises among the unregistered enterprises because of much cheaper offered products to the market. In this case, some SMEs have failed to compete with the micro-businesses. They all disagree on the perception that the focus on giving support is intended only for micro-enterprises, same as the LGU for the insufficient fund to support in promoting more the SME sector.
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Li, Jian Jun. "The Empirical Analysis of Small and Medium Sized Pharmaceutical Enterprises Operating Performance and Debt Source Structure." Applied Mechanics and Materials 496-500 (January 2014): 2872–75. http://dx.doi.org/10.4028/www.scientific.net/amm.496-500.2872.
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in this paper, take 30 enterprises from Shenzhen SME board and the GEM pharmaceutical industry as samples, using empirical methods to study the relationship between the pharmaceutical industry and business performance and debt source structure. The results showed that small and medium-sized pharmaceutical enterprises have a negative impact on business performance, and operating liabilities have a positive impact on business performance; compared with the small service enterprises, performance of small and medium-sized pharmaceutical enterprise is poor, because its operating liabilities rate is relatively low, and the financial leverage is higher. Therefore, when small and medium-sized pharmaceutical enterprise debt financing, financing should be appropriate for financial liabilities, and should strengthen the management of debt financing.
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Stojanovic, Mirjana D., and Vladanka S. Acimovic-Raspopovic. "Communication Issues for Small and Medium Enterprises." International Journal of Productivity Management and Assessment Technologies 1, no. 4 (October 2012): 41–61. http://dx.doi.org/10.4018/ijpmat.2012100103.
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This article considers communication issues for small and medium enterprises (SMEs) from both provider and customer perspectives. SME communication infrastructure at the individual site should usually be built around Ethernet-based local area network with a remotely manageable integrated access device that enables high speed Internet access, virtual private networking, Voice over Internet Protocol (VoIP) functionality and collaborative services. The authors further address several open quality of service (QoS) issues that include: service level agreements, signaling for quality of service and management aspects. The proposed framework for service management encompasses interfaces for QoS-aware and legacy applications, generic service level specification, functional model of service negotiation and management policies.
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DHEWI, Ratna Marta, Stefani Nawati EKORESTI, and Eusi SUSILOWATI. "E-COMMERCE IMPLEMENTATIONS FOR RECYCLED PRODUCTS BY SMALL MEDIUM ENTERPRISES." DISEMINASI: Jurnal Pengabdian kepada Masyarakat 1, no. 1 (May 27, 2019): 34. http://dx.doi.org/10.33830/diseminasi.v1i1.855.2019.
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An increasing global awareness on the need for sustainable production and environmental behaviour has encouraged small medium enterprises (SME) to develop products with recycled content. However, how to sustainably marketing the recycled products has also challenged the SMEs. There is a small business managed by orphans in Bogor namely Kelompok Belajar Masyarakat (KBM) Salimah that develop recycled products from plastics and newspaper. Preliminary study has found that there has been a challenge on how to sustain the marketing activities of recycled products in this digital economy. Therefore, it is worth exploring the e-commerce to help such SME to have sustainable business for the recycled products. This research develops a business planning in utilising online shopping, web and social media, establishing customers by email and engaging in online store, furthermore emphasizes on barriers to e-commerce implementation by the SME. The analysis of e-commerce adoption to encourage the benefits for SME and consumers will be presented
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DHEWI, Ratna Marta. "E-COMMERCE IMPLEMENTATIONS FOR RECYCLED PRODUCTS BY SMALL MEDIUM ENTERPRISES." Diseminasi: Jurnal Pengabdian kepada Masyarakat 1, no. 1 (May 27, 2019): 34–39. http://dx.doi.org/10.33830/diseminasiabdimas.v1i1.518.
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An increasing global awareness on the need for sustainable production and environmental behaviour has encouraged small medium enterprises (SME) to develop products with recycled content. However, how to sustainably marketing the recycled products has also challenged the SMEs. There is a small business managed by orphans in Bogor namely Kelompok Belajar Masyarakat (KBM) Salimah that develop recycled products from plastics and newspaper. Preliminary study has found that there has been a challenge on how to sustain the marketing activities of recycled products in this digital economy. Therefore, it is worth exploring the e-commerce to help such SME to have sustainable business for the recycled products. This research develops a business planning in utilising online shopping, web and social media, establishing customers by email and engaging in online store, furthermore emphasizes on barriers to e-commerce implementation by the SME. The analysis of e-commerce adoption to encourage the benefits for SME and consumers will be presented
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Fanta, Ashenafi Beyene. "Exploring the economic significance of small and medium enterprises." Journal of Governance and Regulation 4, no. 1 (2015): 27–34. http://dx.doi.org/10.22495/jgr_v4_i4_p3.
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This paper aims at providing a detailed account of economic significance of small and medium enterprises by drawing on the extant body of empirical literature. It has been noted that studies on the link between SME development and economic growth are inconclusive. While modeling growth in the SME sector and its impact on economic development is a matter of ongoing scientific investigation, we emphasized on the most conspicuous economic benefits of SMEs that includes, among others, job creation, contribution to national output, reducing income inequality and poverty. We believe this may help researchers frame their future investigations in line with the benefits discussed in the paper.
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Różański, Jerzy. "Advanced System of SME Financing in Market Economy." Zagreb International Review of Economics and Business 22, s1 (March 1, 2019): 15–23. http://dx.doi.org/10.2478/zireb-2019-0002.
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Abstract Increasing competitiveness of small and medium enterprises, especially in the situation of growing economic globalization in the member countries of European Union and internationalization of activity of such enterprises, requires overcoming numerous obstacles the enterprises have to face. One of the most substantial of them is deficiency of means for the enterprises’ growth, particularly the means earmarked for innovative activity. This is mainly the consequence of lack of knowledge about how the enterprises could gain financial means from the alternative financing sources. This hinders establishing the optimal configuration of financing for an enterprise. Consequently, the purpose of the paper to improve enterprises’ access to external capital so as to be able to carry out the investments oriented towards strengthening of the enterprises and launching innovative products and services. The main result of research (sample of Polish SME) is preparing of advanced system of financing including alternative forms of financing of SME on each stages of their life cycle, connected with multicriteria forms of their assessment.
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Zhang, Long, Ali Kara, John E. Spillan, and Alma Mintu-Wimsatt. "Exploring market orientation among Chinese small and medium-sized enterprises." Chinese Management Studies 11, no. 4 (November 6, 2017): 617–36. http://dx.doi.org/10.1108/cms-08-2016-0158.
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Purpose The role of marketing as a business function is rapidly changing in China. Consequently, their views on marketing orientation – whether it is accepted, rejected, modified or reframed – have been seriously impacted. This paper aims to report on the results of a survey among Chinese small- and medium-sized enterprise (SME) managers and their perceptions of the market-orientation philosophy. In particular, emphasis was placed on three dimensions of market orientation: intelligence generation, intelligence dissemination and responsiveness. The effect of market orientation on business performance was also examined. Design/methodology/approach The authors collected data from 214 managers from SMEs. These businesses were located in the cities of Beijing, Shanghai and Shenzhen. The commonly used market orientation (MARKOR) measure was used to test the hypotheses. Findings Consistent with the extant literature, the findings provided empirical support for the three dimensions of market orientation among Chinese SME. The authors also found that a positive relationship existed between Chinese SME market orientation and firm performance. Research limitations/implications This study provides major insights into the market orientation measurement and practices of SME in China. From a measurement perspective, the empirical support for MARKOR across a non-Western context is noteworthy. From a practitioner perspective, the implications relating to understanding Chinese SME and how these companies can best market their products and services to their respective markets are critical. Some of the limitations of our study relates to the sample size, convenience sampling and geographic concentration of the respondents. Originality/value This study addresses the gaps in the literature by exploring market orientation in non-large scale businesses as well as the adaptation of the concept in a non-Western cultural setting. The findings extend the conceptualization and application of market orientation to Chinese SME.
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Colacelli, Mariana, and Gee Hee Hong. "Productivity Drag from Small and Medium-Sized Enterprises in Japan." IMF Working Papers 19, no. 137 (July 1, 2019): 1. http://dx.doi.org/10.5089/9781498317474.001.
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Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for the important role of small and medium-sized enterprises (SMEs) in explaining Japan’s modest productivity growth. Results show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing particularly low productivity growth. Estimates suggest that boosting productivity growth in all of the worst-performing SMEs could improve overall productivity growth by up to 1.8 percentage points. The SME credit guarantee system, SME financing constraints, demographic factors, and lack of intangible capital investment are discussed as contributors to the slow productivity growth of Japan’s small and old SMEs.
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Pauselli, Emanuela, and Alessandro D'Atri. "Distance Learning for SME Managers." Industry and Higher Education 15, no. 2 (April 2001): 117–23. http://dx.doi.org/10.5367/000000001101295542.
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This paper concerns the training needs of small and medium-sized enterprise (SME) managers and the analysis of how new technological solutions, like those based on the Internet and the delivery of content via satellite, can satisfy these needs. The analysis is performed with special reference to the needs of Italian enterprises and with regard to managers' requirements, training goals, priorities for content and work constraints. Training solutions and distance learning methods based on information and communication technologies (ICT) are discussed with respect to their suitability and cost effectiveness for SME managers.
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Schadler, Martin, Thomas Teichert, Tim Herzhoff, Sascha Klein, and Karl-Armin Brohm. "CHARACTERIZATION OF PROJECT SUCCESS IN SMALL AND MEDIUM-SIZED ENTERPRISES (SME)." International Journal for Quality Research 14, no. 3 (August 15, 2020): 865–80. http://dx.doi.org/10.24874/ijqr14.03-14.
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G, Karthick, Karthikeyini K, Prince R, Monisha R, and Sangeetha K. "A Mobile Application for supporting Small and Medium-scale Enterprises (SME)." International Research Journal on Advanced Science Hub 3, Special Issue ICARD 3S (March 20, 2021): 75–77. http://dx.doi.org/10.47392/irjash.2021.068.
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Bajdor, Paula, Ilona Pawełoszek, and Helena Fidlerova. "Analysis and Assessment of Sustainable Entrepreneurship Practices in Polish Small and Medium Enterprises." Sustainability 13, no. 7 (March 24, 2021): 3595. http://dx.doi.org/10.3390/su13073595.
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Entrepreneurship is one of the driving forces behind the development of the national economy. The effect of entrepreneurship in the economic dimension is a business entity, most often a small or medium enterprise. The SME sector plays a significant role in every national economy. Traditionally, people perceived entrepreneurship as a factor measured by the earned profit. Increasing it was the primary goal of enterprises operating on the market. The operating conditions and competitiveness level have meant that enterprises beside economic goals also pursue social and environmental goals. Entrepreneurship is perceived as a determinant of social and ecological development, thus referred to as sustainable entrepreneurship. This article aims to identify and evaluate attitudes towards sustainable entrepreneurship among Polish enterprises. We compare the obtained results with their self-assessment and distinguish different approaches to business activity. The cluster analysis of survey results shows that the Polish SME sector can be divided into five separate groups characterized by a different approach and level of implementation of sustainable development. We also concluded that the Polish enterprises are more focused on social than environmental aspects.
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Wang, Shouhong, and Hai Wang. "Big data for small and medium-sized enterprises (SME): a knowledge management model." Journal of Knowledge Management 24, no. 4 (April 21, 2020): 881–97. http://dx.doi.org/10.1108/jkm-02-2020-0081.
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Purpose Big data has raised challenges and opportunities for business, the information technology (IT) industry and research communities. Nowadays, small and medium-sized enterprises (SME) are dealing with big data using their limited resources. The purpose of this paper is to describe the synergistic relationship between big data and knowledge management (KM), analyze the challenges and IT solutions of big data for SME and derives a KM model of big data for SME based on the collected real-world business cases. Design/methodology/approach The study collects eight well-documented cases of successful big data analytics in SME and conducts a qualitative data analysis of these cases in the context of KM. The qualitative data analysis of the multiple cases reveals a KM model of big data for SME. Findings The proposed model portrays the synergistic relationship between big data and KM. It indicates that strategic use of data, knowledge guided big data project planning, IT solutions for SME and new knowledge products are the major constructs of KM of big data for SME. These constructs form a loop through the causal relationships between them. Research limitations/implications The number of cases used for the derivation of the KM model is not large. The coding of these qualitative data could involve biases and errors. Consequently, the conceptual KM model proposed in this paper is subject to further verification and validation. Practical implications The proposed model can guide SME to exploit big data for business by placing emphasis on KM instead of sophisticated IT techniques or the magnitude of data. Originality/value The study contributes to the KM literature by developing a theoretical model of KM of big data for SME based on underlying dimensions of strategic use of data, knowledge guided big data project planning, IT solutions for SME and new knowledge products.
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Adamowicz, Mieczysław, and Aldona Machla. "Small and medium enterprises and the support policy of local government." Oeconomia Copernicana 7, no. 3 (September 30, 2016): 405. http://dx.doi.org/10.12775/oec.2016.024.
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The subject of this research are small and medium enterprises (SME) in the Polish economy, the support of this sector by local government and the functioning of small and medium enterprises in the local system of the town and commune of Pułtusk. The aim of this study is to present the condition and the role of SME in the local systems in light of the selected features of this sector in the country and evaluation of support for SME given by local government of the town and the commune. The case study research methods applied were literature research, documentation review and survey-based research using questionnaire. The survey was conducted in spring, 2014, on a random sample. The research resulted in learning the profile of a local entrepreneurs and the action characteristics of SME in the examined unit. The diagnosis of the sector’s situation was made, the stimulating and limiting factors of its prosperity were identified. The SME support system of local government and the entrepreneurs’ expectations towards commune government in the field of development of local enterprises were evaluated. The results and conclusions confirm the need for development of local government activity in formulating and implementation of the development of local enterprises policy.
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Kornecki, Janusz. "Small and Medium-Sized Enterprises on the Public." Equilibrium 6, no. 2 (June 30, 2011): 23–46. http://dx.doi.org/10.12775/equil2011.010.
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Small and medium-sized enterprises are believed to be a key driving force of economic vitality, innovation and new job creation. For a few years the European Union has been monitoring SME performance and the quality of public procurement procedures to make access of SMEs to the public procurement market easier and provide for their greater participation in this market. These activities have their origin in the assumption that having in mind the size of the public procurement market and public resources involved, suitable shaping of this area may improve effectiveness of selected policies at the EU level and in particular member countries. The directives concerning public procurement should ensure opening the market of public procurement for all enterprises irrespectively of their size. Recently the public procurement market in Poland has been continuously growing which doubtlessly resulted from Poland’s accession to the European Union. The aim of this paper is to give evidence of SME position on the public procurement market and to attempt to answer two basic research questions. Firstly, is the market potential fully used as far as applying for awarding public contracts by SMEs is concerned? And secondly, what are the main obstacles determining the access of SMEs to the public procurement market? This is done by reference to available statistical data and two studies that were carried out by the author.
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Che Omar, Che Mohd Zulkifli. "Factors Affecting the Success of Bumiputera Entrepreneurs in Small and Medium Enterprises (SMEs) in Malaysia." International Journal of Management Science and Business Administration 1, no. 9 (2015): 40–45. http://dx.doi.org/10.18775/ijmsba.1849-5664-5419.2014.19.1004.
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Bumiputera entrepreneurs often said to be left behind in achieving success in the economic development. This study was conducted to identify factors that influence success of Bumiputera entrepreneurs in small and medium enterprises (SMEs) in Malaysia and the factors leading Bumiputera entrepreneurs involved in business. In the era of globalization, SMEs represent an important industry in the development of the national economy. SMEs create employment opportunities for the rural and urban communities and increase national income. Among the key factors that influence the success of Bumiputera entrepreneurs in small and medium enterprises in Malaysia include weaknesses in management, failures in marketing, and difficulties in obtaining financial assistance. Some of the challenges faced by Bumiputera entrepreneurs, small and medium enterprises (SME) are their limited participation in the international market, the shortage of skilled workers, a problem to market the product in the supermarket and the lack of raw materials. Therefore, Bumiputera entrepreneurs must deal with these issues in order not to go bankrupt.
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Patil, Kapil. "Public procurement policy for small and medium enterprises in developing countries." International Journal of Public Sector Management 30, no. 4 (May 8, 2017): 391–410. http://dx.doi.org/10.1108/ijpsm-10-2016-0160.
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Purpose Increasing the share of small and medium enterprises (SMEs) in public procurement through targeted support policies is often fraught with organisational and institutional challenges as can be seen from the experiences of many developed countries. This has profound implications for emulating such policies in developing countries where administrative capacities may be low for efficient policy management. The purpose of this paper is to widen the canvass of SME procurement policy discourse by exploring a developing country context. Design/methodology/approach The study provides qualitative assessment using insights from policy implementation-related theories. Due to limited reporting of target data on SME participation in India, the study conducts analysis based on key informant interviews with 20 public sector enterprises. Findings The evidence drawn from India mainly shows uneven performance among the procurers in achieving the SME procurement targets, and reveals serious policy implementation shortcomings. These findings correspond and complement the earlier studies on SME procurement in the developed world. The Indian case additionally reveals barriers which may be common to other developing countries such as the lack of policy-administrative capacity compounded by the prevalence of “efficiency syndrome” on the part of procurers. Originality/value By providing an in-depth developing country-specific assessment, the study helps informing assumptions underpinning SME-oriented procurement policies. The study, therefore, fills a gap in the literature on SME-oriented public procurement policy-making and its execution.
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Kiełtyka, Leszek, and Klaudia Smoląg. "Analysis of Business Intelligence Solutions in the SME Sectors." Applied Mechanics and Materials 795 (October 2015): 123–28. http://dx.doi.org/10.4028/www.scientific.net/amm.795.123.
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Business intelligence (BI) solutions are aimed to help managers make decisions in enterprises. Through complex analysis, decision-makers are supported in building strategies of operation. Managers in small and medium-sized enterprises (SME) are also becoming more aware of the fact that conventional methodology of analysis of current events is insufficient. Therefore, the need arises for using the solutions that support the processes of data analysis, finding relationships between each other or pointing to important tendencies and anomalies. These systems were primarily oriented at larger enterprises. However, BI solutions are more and more often adjusted to SME enterprises, offering a complex tool to support decision-making processes. This paper presents key stages in evolution of BI systems and characterizes selected BI systems dedicated to small and medium enterprises (SMEs). Substantial barriers to implementation of BI systems in SMEs were also indicated.
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Marjański, Andrzej, Łukasz Sułkowski, Justyna Marjańska-Potakowska, and Katarzyna Staniszewska. "Social capital drives SME growth: A study of family firms in Poland." German Journal of Human Resource Management: Zeitschrift für Personalforschung 33, no. 3 (June 5, 2019): 280–304. http://dx.doi.org/10.1177/2397002219847668.
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Poland’s successful political, economic, and social transformation since the 1990s has seen the dynamic development of family enterprises. Most of them are in the small- and medium-sized enterprises sector and have become an important part of the Polish economy. What drives these family firms is not necessarily physical or even financial capital, but continuous human or social capital. We analyze how family businesses are based on the interdependence of family ownership and business with the social capital of the family. This article reflects on how the government, in encouraging small- and medium-sized enterprise development in an economy with traditionally low social capital, can benefit from the example of high social capital found in family firms. The article contains the interpretation of the results of research conducted in 2009–2010 and 2014–2016.
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Nasution, Zulkarnain. "ANALISIS INVESTASI, PAD DAN JUMLAH UNIT UKM TERHADAP PENYERAPAN TENAGA KERJA UKM DI KABUPATEN LABUHANBATU." ECOBISMA (JURNAL EKONOMI, BISNIS DAN MANAJEMEN) 5, no. 1 (September 19, 2019): 1–11. http://dx.doi.org/10.36987/ecobi.v5i1.50.
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The purpose of this study is to analyze the effect of investment, PAD, the number of SMEs and the absorption of SMEs workforce in Labuhanbatu District. The sample was obtained from the statistics book of small and medium enterprises of Cooperative and SME Office 2007- 2016. The analytical method in this study is Ordinary Least Square (OLS) with the help of IBM SPSS 20 computer program. The result of analysis shows that SME investment and the number of SME business unit have a significant effect on the absorption of small and medium enterprises. Meanwhile, PAD has not significant effect on the absorption of small and medium enterprises
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Rudyk, N. V. "Small and Medium Business amidst Economic Turbulence: Ukraine’s Experience." Business Inform 10, no. 513 (2020): 163–72. http://dx.doi.org/10.32983/2222-4459-2020-10-163-172.
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In Ukraine, the importance of small business for the economy and the need to stimulate it are being realized at the level of both the scientific community and public administration. The situation with the pandemic has complicated the conditions of functioning of small and medium-sized busines entities (hereinafter SMEs), but at the same time has justified the need to support it not only in the situation of collapse, but also as a matter of socio-economic stabilization and the prospect of reducing the unemployment rate. The status and conditions of SME functioning, its importance in various spheres of economic activity and in the labor market are researched. The emphasis is on modern trends in the functioning of SMEs, financial relations between the State and SME entities. A comparison of classification characteristics of SMEs was conducted in accordance with the Tax and Commercial Codes of Ukraine. The conditions of operation of small and medium-sized businesses on a simplified taxation system are compared. The latest legislative changes related to the stabilization policy of the State are taken into account. To identify the main trends of small business development, an analysis of the dynamics of the quantity, composition and structure of business in terms of its size, as well as the dynamics of the number of small enterprises and individual entrepreneurs by the largest groups in accordance with the classification of domestic economic activity in the country was carried out. The significance of SMEs in the employment structure is defined in the plane of enterprises and in terms of their size; the need to stimulate entrepreneurship in conditions of global instability is proved. A chronological analysis of the introduction of fiscal instruments for supporting the State in an emergency situation was carried out. In view of international experience, alternative quarantine preferences are considered as possible measures of the State support.
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Dayana Das, Adithi Pradeep,. "FINANCIAL VULNERABILITIES FOR SMALL ENTERPRISES IN KERALA." Psychology and Education Journal 58, no. 2 (February 26, 2021): 6509–18. http://dx.doi.org/10.17762/pae.v58i2.3184.
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The small and medium-sized enterprises sector is an important segment of the Indian economy. Results of Third All India SSI unit censuses show a declining growth trend at the All India level and a growing trend in the Kerala sector. With the exception of the Fourth Census, employment growth in the Kerala SME sector has shown an increasing trend. Growth in the SSI Sector can do a lot to solve Kerala's acute unemployment problem. Sickness among the Kerala SME units is a major problem.
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Vidal Olivares, Javier, and María Inés Barbero. "Latin American Small and Medium-Sized Enterprises: A Historical Perspective." Journal of Evolutionary Studies in Business 7, no. 1 (January 12, 2022): 1–12. http://dx.doi.org/10.1344/jesb2022.1.j097.
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This special issue seeks to appreciate the long-term study of SMEs as key players in the Latin American economies, with contributions on six countries: Mexico, Brazil, Argentina, Ecuador, Bolivia, and Chile. This is a representative sample of the Latin American subcontinent’s diversity when it comes to economy size, population, and inequality index. The articles presented spot key topics in the study of Latin American SMEs. This introduction focus on three central issues that arise from those articles: the role of public policies in SME emergence and development, the strategies pursued by these firms to adapt to environment changes, and the links between informality and SME creation.
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Gökmen, Aytaç. "Small and Medium-Sized Enterprises and Development Prospects." International Journal of Applied Management Sciences and Engineering 8, no. 2 (July 2021): 21–35. http://dx.doi.org/10.4018/ijamse.2021070102.
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Small and medium-sized enterprises are the backbone of a country. SMEs create most of the employment opportunities and comprise 90% to 95% of economic activities. Therefore, these make SMEs indispensable for the development of a country. Also, SMEs are the source of innovativeness, and they are the ones that respond to niche market needs that are ignored by large businesses. Small and medium-sized enterprises are an important instigator for the improvement and renewal of national economies. Thus, the aim of this paper is to review the concept of SME, differentiating features of SMEs, market economy, and state the importance of SMEs for the Republic of Turkey.
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Rebrey, S. M. "Women in small and medium enterprises and entrepreneurship in Japan." MGIMO Review of International Relations 13, no. 3 (July 8, 2020): 170–85. http://dx.doi.org/10.24833/2071-8160-2020-3-72-170-185.
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The article undertakes a gender analysis of small and medium enterprises and entrepreneurship in Japan to find out whether they affect gender inequality, women and economy; what women empowerment could bring to the development of SME, entrepreneurship and economy in Japan. To answer these questions the author uses gap analysis (gender wage gap, enterprise size wage gap, education wage gap) per industry in dynamics; international comparisons, institutional analysis, trend analysis, case studies, historical analysis and policy analysis. The research finds out that SMEs in Japan maintain higher level of inequality, comparing to large enterprises. Interlocked business relations between SME and large corporations (keiretsu) and employment structure are major and unique factors that exacerbate gender inequality in Japan. Tracing back how labor relations were organized in Japan, the research finds that the exclusion of women from lifetime employment was supposed to suit women’s best interests, however it resulted in subordinate position and economic dependence of women. Women’s entrepreneurship in Japan presents an area of untapped potentials that could effectively tackle a set of socio-economic problems and impact exponentially women empowerment in Japan. Women business in Japan proves to be effective and profitable and, what is more important, it has a “human face” and occupies (among others) vacant niche of social care, both optimizing and humanizing it. Finally, the research concludes that female entrepreneurship requires more attention and support from the government.
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A. Harris, Mark, and Karen P. Patten. "Mobile device security considerations for small- and medium-sized enterprise business mobility." Information Management & Computer Security 22, no. 1 (March 4, 2014): 97–114. http://dx.doi.org/10.1108/imcs-03-2013-0019.
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Purpose – This paper's purpose is to identify and accentuate the dilemma faced by small- to medium-sized enterprises (SMEs) who use mobile devices as part of their mobility business strategy. While large enterprises have the resources to implement emerging security recommendations for mobile devices, such as smartphones and tablets, SMEs often lack the IT resources and capabilities needed. The SME mobile device business dilemma is to invest in more expensive maximum security technologies, invest in less expensive minimum security technologies with increased risk, or postpone the business mobility strategy in order to protect enterprise and customer data and information. This paper investigates mobile device security and the implications of security recommendations for SMEs. Design/methodology/approach – This conceptual paper reviews mobile device security research, identifies increased security risks, and recommends security practices for SMEs. Findings – This paper identifies emerging mobile device security risks and provides a set of minimum mobile device security recommendations practical for SMEs. However, SMEs would still have increased security risks versus large enterprises who can implement maximum mobile device security recommendations. SMEs are faced with a dilemma: embrace the mobility business strategy and adopt and invest in the necessary security technology, implement minimum precautions with increased risk, or give up their mobility business strategy. Practical implications – This paper develops a practical list of minimum mobile device security recommendations for SMEs. It also increases the awareness of potential security risks for SMEs from mobile devices. Originality/value – This paper expands previous research investigating SME adoption of computers, broadband internet-based services, and Wi-Fi by adding mobile devices. It describes the SME competitive advantages from adopting mobile devices for enterprise business mobility, while accentuating the increased business risks and implications for SMEs.
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Wallo, Andreas, and Henrik Kock. "HR outsourcing in small and medium-sized enterprises." Personnel Review 47, no. 5 (August 6, 2018): 1003–18. http://dx.doi.org/10.1108/pr-03-2017-0066.
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Purpose Small and medium-sized enterprises (SMEs) are increasingly outsourcing human resource (HR) activities to outside labour market intermediaries. In this paper, the focus is on a specific type of labour market intermediary, the HR intermediary (HRI). The purpose of this paper is to describe and discuss SME outsourcing of HR services to membership-based HRIs, and potential problems and benefits that may arise in this process. Design/methodology/approach The empirical foundation comprises case studies of three Swedish HRIs and 12 of their SME clients. The data were collected through semi-structured interviews and a document study. Findings The findings show that social aspects such as trust, shared values, communication and commitment are crucial characteristics of the cooperation between HRIs and SMEs. These social aspects are a result of the owner/membership structure, and a distinguishing feature of the studied HRIs in comparison to other types of labour market intermediaries. Research limitations/implications The results of the study underline the need for increased research related to the intermediary concept and its meanings in different contexts. There is also a need for more empirical research on HRIs, e.g. comparisons between different types of HRIs, and studies of the emergence of virtual intermediaries. Future studies should focus on the role of LMIs and HRIs in regional development processes. Practical implications Companies that interact with HRIs should reflect on the different pros and cons that this cooperation may result in, both in the short term and in the longer term. Originality/value The study provides an enhanced understanding regarding the relations between SMEs and HRIs, based on the two broad types of SMEs (with low/high internal HR skills) and two types of HRIs (with short/long-term orientation).
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Brūna, Inta, and Inta Millere. "DEVELOPMENT TRENDS OF ACCOUNTING REQUIREMENTS OF SMALL AND MEDIUM ENTERPRISES IN THE REPUBLIC OF LATVIA." Latgale National Economy Research 1, no. 2 (June 30, 2010): 42. http://dx.doi.org/10.17770/lner2010vol1.2.1772.
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The significance of small and medium enterprises (SME) including the development of micro enterprises has been emphasized more and more often in the national economic policy of many countries. This issue is also topical in the economy of Latvia, especially in the situation when it is necessary to revive and stimulate the economic activity in the country. Taking into account the measures planned by the European Commission and the amendments to the legislation of the Republic of Latvia and the planned measures regarding the support of SME as well as the differentiation of requirements in the field of accounting depending on the scale of activities the authors analyse the questions which are connected with the potential development trends in the accounting of enterprises. The authors study the criteria of SME and micro enterprises in the normative documentation of European Union and the Republic of Latvia, analyse the accounting requirements for SME, especially, for micro enterprises, identify the topical problems and make recommendations concerning the solution.
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Odoom, Raphael, Priscilla Mensah, and George Asamoah. "Branding efforts and SME performance – an empirical investigation of variations across firm sizes and business sectors." Journal of Research in Marketing and Entrepreneurship 19, no. 1 (July 10, 2017): 59–76. http://dx.doi.org/10.1108/jrme-06-2016-0017.
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Purpose This paper aims to draw on the organizational ecology theory to examine variations in branding efforts and performance of small and medium-sized enterprises (SMEs) across enterprises sizes and business operating sectors. Design/methodology/approach A four-stage analysis involving principal component analysis, Pearson correlation, ANOVA and logistic regressions was used on a sample of 430 SMEs within an emerging market. Findings Principal component analysis identified four brand marketing efforts relevant to the SMEs. These efforts were used in fluctuating extents among small-sized versus medium-sized enterprises, as well as manufacturing versus services SMEs. Additionally, proportionate levels of performance corollaries were found to be accruable across the enterprise sizes and operating sectors. Originality/value The paper first identifies four brand-building efforts germane to SMEs within an emerging market and examines their precise contributions to firm performance within enterprise sizes and business operating sectors. It further reinforces the relevance of brand marketing programs to the growth of SMEs by establishing the likelihood and extent to which brand-building efforts impact on SME performance across enterprise sizes, as well as operating sectors. The study also presents issues of potential research and managerial interest from an emerging market, offering insightful implications to researchers and SME managers.
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Ademu, Yunusa, Folashade Olufunke Obaje, and Rotimi Grace Gift Otitolaiye. "Effects of Knowledge Management and Creation Capability on the Performance of SMEs in Kogi State." Economic Insights – Trends and Challenges 2021, no. 1 (2021): 43–56. http://dx.doi.org/10.51865/eitc.2021.01.05.
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This study aimed at determining the effects of knowledge management and creation capability on the performance of SMEs in Kogi State. The research survey design was adopted for this study. For data analysis, descriptive and inferential analytical techniques were used. The analytical techniques employed are survival analysis and multiple regression analysis (stepwise). Findings showed that socialization has a significant effect on the competitive advantage of both Small and Medium Enterprises in Kogi State; externalization has a significant effect on the competitive advantage of Medium Enterprises in Kogi State; the combination of resources can predict the competitive advantage of both Small and Medium Enterprises in Kogi State. Findings further showed that combination, internalization, socialization, and externalization strongly and significantly predict the business growth of SMEs in Kogi State. The study concluded that the ability of SME owners to manage knowledge can translate into a better chance of achieving the enterprise's goals. The study recommended that SME owners should channel their knowledge creation towards socialization and a combination of resources; owners of Medium Enterprises should take advantage of knowledge creation through externalization to facilitate sustainable competitive advantage in Kogi State. Furthermore, SME owners and economic stakeholders should find alternative ways of promoting effective knowledge management and creation in Kogi State.
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Sayım, Ferhat. "Information Level Representation of Small and Medium Enterprises (SME) Managers about Securities." EMAJ: Emerging Markets Journal 9, no. 1 (August 5, 2019): 16–27. http://dx.doi.org/10.5195/emaj.2019.178.
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This research was carried out with private company owners and shareholders-managers in Yalova. These managers were asked about the general approach for the most commonly used securities in the financial system. They were asked to express the level of knowledge they felt. The interviews were conducted face to face with the managers. The level of knowledge expressed by the managers was evaluated on a triple scale. It was examined with various cross tables. Percentages were taken. According to the findings, most owners and shareholders - managers accept that they do not have enough knowledge about the securities used in the financial markets. The lowest level of knowledge is expressed for the derivative products. The highest level of knowledge is expressed for the stock types. As a first step, this study is important in terms of raising awareness on this issue. This research and its results can be used for the development of training and programs for businessman. Also, they can be used in the chambers of commerce and universities.
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Tamošiūnas, Andrius. "The integrative management model for restructuring small and MEDIUM-SIZED enterprises (SME)." E+M Ekonomie a Management 20, no. 3 (2017): 36–51. http://dx.doi.org/10.15240/tul/001/2017-3-003.
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