Competitiveness Of Small Enterprises Research Articles

Factors influencing small handicraft enterprises to adopt technological innovation: insights from Pakistani handicraft enterprises

ABSTRACT Technological innovation is crucial for enhancing the efficiency and competitiveness of small enterprises. However, the factors influencing its adoption in handicraft enterprises remain unknown. Therefore, this study explores the factors influencing small handicraft enterprises to adopt technological innovation and their impact on overall firm performance using data from 344 Pakistani small handicraft enterprises. Structural equation modelling was used for the data analysis. The results reveal that various factors such as artistic vision, resource constraints, and competition, among others, significantly and positively influence handicraft producers’ adoption of technological innovation. Furthermore, five distinct sources of innovation were identified as having a substantial influence on technological innovation. The findings also demonstrate that technological innovation significantly and positively affects the economic and cultural performance of enterprises. This study deepens our understanding of the different influencing factors and sources driving technological innovation in handicraft enterprises, suggesting that beyond customers’ needs or demands, many factors play crucial roles in influencing artisans to embrace technological innovation. In contrast to previous studies that reported customers, suppliers, or competitors as innovation sources, this study contributes to the literature by examining other sources, such as self-creativity and other artisans within the firm. Our findings have implications for theory and policy.

Competitiveness of small enterprises in the online space among the Hungarian companies

There have been several studies about competitiveness and within this, companycompetitiveness. These studies include mainly the whole company spectrum in terms of companysize from micro to large enterprises. There are studies which focus on large companies and theothers on big and medium sized companies. There are studies which use mostly secondary data, andthere is a few which use primary data. Although more studies do not take into consideration the factthat the operation mechanism and behaviour of small enterprises are different from the larger ones.Moreover, by using secondary data we are not able to look into the company, which does not easethe task of the researchers and business economics specialists. This is the reason for this study topic,which can fill a gap in the examination of enterprise competitiveness. In my analysis I focus onHungarian small enterprises, and I do research using primary data. The study was done inUniversity of Pécs Faculty of Business and Economics, which analyses enterprise competitiveness,but I focus on the role of companies in the online space. The online research of the companies wasdone with the co-operation of University of Pécs Faculty of Engineering and InformationTechnology, the result of which was integrated into the final sample. I deal with its descriptiveanalysis in this study.

Competitiveness of Small Enterprises in the Modern Economy

The article considers the place and role of small enterprises in the economic system, their impact on socio-economic development based on the functions that small business entities implement. The aim of the research is to study the preconditions for the competitiveness of small enterprises in the modern economy, to determine the advantages and disadvantages of small businesses taking into account the characteristics of the external environment. The authors examined the main trends in the development of the world economy, which are factors influencing the functioning of small enterprises, namely the participation of small businesses in global competition, the complexity of management systems of small enterprises, the general informatization of the economy, the emergence of highly specialized market niches, etc. It is proved that the competitiveness of small businesses is based on the negative “economies of scale” and relative competitive advantages in ensuring adaptation to changes in the business environment, customer focus, and low transaction costs. The basic economic, technological and social factors affecting the competitiveness of small businesses are identified. The advantages and disadvantages of small enterprises in Ukraine are formulated. As one of the main disadvantages, the shortage of various resources that small enterprises encounter is highlighted, this is why it is effective cooperation with external contractors to overcome resource constraints that is considered as the main factor influencing the results of operations. The competitiveness of a small enterprise is largely determined by its competencies in interaction with the subjects of the external environment. To study the trends and prospects for the development of small enterprises in Ukraine, the authors analyzed the main indicators of the activities of business entities using official statistical information. The share provided by small enterprises in the results of socio-economic development of the country is calculated. Conclusions are made regarding the place and role of small enterprises, their development trends, problems are identified that require attention from the state, and further scientific and practical solutions.

Mechanisms of transformation of competitive advantages of the innovation ecosystem of the university of competitiveness of small innovative enterprises

The article deals with the solution of the actual problem of management of competitive advantages of the innovation ecosystem of the University and the mechanisms of their transformation into the competitiveness of small enterprises in the regional market of innovative products. The mechanisms of such transformation include the тstrong service conditions that the environment system creates for the IESU and that enhance the competitive advantages of small innovative enterprises created to commercialize the results of innovation. Among the strong conditions is the proposed set of service organizational, marketing, financial, network and human resources mechanisms.

ENVIRONMENTAL INFLUENCE ON BUSINESS AND STRATEGIC PLANNING OVER THE SMALL-MEDIUM ENTERPRISES’ PERFORMANCE: A STUDY ON FEATURED PRODUCT PRODUCED BY SMES IN SIDOARJO, INDONESIA

The improvement of competitiveness of small enterprises often finds an obstacle as the economics scale and the resources are smaller than the large business. SME has to be able to make a strategic step as a basic of the right decision making process so as being able to survive and have a high competitiveness. SME which now attempts to improve its performance has to pay attention several factors that can give contribution for its success, that is the factor of business environment used as a basic of strategic planning arrangement. The aims of this study are to: 1) examine and analyze if the business environment influences over the performance of SME in Sidoarjo district, 2) Examine and analyze if the strategic planning influences over the performance of SME in Sidoarjo district. Object of study of featured product produced by SME in Sidoarjo included in the area of tourism market is; Jetis batik village in Sidoarjo, home-based shoe and sandal manufacturers in Mojosantren village, Krian sub district, prawn cracker village in Kedungrejo village, Jabon sub district, Small scallop cracker village in Candi sub district, Leather craft industry in Kludan village, Tanggulangin sub district, and smoked fish village in Penatarsewu village, Sedati sub district. The results show that, firstly, environment business does not significantly influence on the performance of featured product produced by SME in Sidoarjo district, secondly strategic planning significantly influence the SME performance in Sidoarjo district.

INNOVATION AS A KEY FACTORS OF SMALL BUSINESS COMPETITION

The contemporary world is characterized by quick changes and the propagation of knowledge-based economies, and consequently, the necessity to constantly introduce innovations by the enterprise. However, this process involves numerous dangers, as the features of innovative processes are high costs and high level of risk. While implementing innovations, enterprises set goals which are to be achieved thanks to them. In the case of small entities it seems that the essential aim for the introduction of changes is the reduction of costs connected with the activity, which is often indicated as the factor for the formation of the competitive position. Therefore, the primary goal of the compilation was the identification of changes in the area of determining the aim of innovation introduction by small enterprises functioning in the Southern Region of Poland. The analysis included the level of innovativeness and competitiveness of the examined companies. The conclusions were based on the results of two original studies concerning innovativeness and competitiveness of small enterprises, conducted in years 2006/07 and 2013. Keywords : competitiveness factor, small enterprises, innovation, competition

Small innovative business in Russia: regional aspect

The article is devoted to research of innovative activity of small business in Russia by enterprises clusters depending on the number of employees. Considerable attention is paid to the study of the dynamics and structure of the main indicators, characterizing the available resources and the results of innovative activities, that allows making a number of important conclusions from practical point of view. The analysis has shown that small enterprises, in spite of small scale of innovative activity, operate mostly on new sales channels that help them to ensure product competitiveness on local market. At the same time, competitiveness of small enterprises on global market is significantly higher than the average level for Russia. In their innovative strategies, small businesses mostly focus on the development and modification of products or services over its imitation or total borrowing. The analysis has shown that enterprises with the number of employees from 51 to 70 are leaders to deliver new products on market among small innovative companies. About 10% of the products of this group is new to the world market. Groups of small enterprises with 71-80 employees and up to 20 people are coming next. The share of new products for the global market, made by these enterprises is 5%, which is significantly higher than the national average. These groups of small innovative enterprises are “points of growth” on the innovation effectiveness and competitiveness of products in Russia. The second part presents the study of regional differentiation of small business development in Russia. Multi-dimensional classification helped to divide Russian regions to homogenous groups depending on the development level of small innovative entrepreneurship. The significance of the indicators is proved by using of variance analysis (ANOVA) and calculating of F-statistics values. About 16% of small innovative enterprises are leaders on the resources invested in innovative development, 19% of small innovative enterprises are leading in innovation performance and in the share of innovative products and services in the total volume of the shipped goods. However, approximately 64% of Russia’s regions are characterized by low indices, both resources and results of innovation activity. This is mainly rural, agricultural areas or regions. These regions have medium and large enterprises. The government should develop specific measures to improve the investment climate, innovation infrastructure, as well as institutional reforms for the development of small innovative entrepreneurship in these regions.

The Study on Small Enterprise Innovation

The relationship between small enterprise management innovation and competitiveness is discussed. From the management idea, management system, management strategy, management organization and management culture innovation the small enterprises competitiveness is enhanced. The management innovation is the foundation of the competitiveness.

The Influences of Technological Innovation and Cost Management for Elevation of Small Enterprise Competitiveness on Productivity : Focused on Marine Engine Suppliers

The Influences of Technological Innovation and Cost Management for Elevation of Small Enterprise Competitiveness on Productivity : Focused on Marine Engine Suppliers

The Effect of Globalization and WTO on Small Enterprises in Developing Countries: Strengthening Systemic Thinking and Regional Innovation System

Globalisation and WTO have adversely influenced small enterprises, especially in the developing countries. The promotion and protection of such enterprises by the public policy of providing reservation and subsidy etc have lost their relevance. It has raised questions relating to survival and competitiveness of small enterprises. The paper argues that there is a need for systemic thinking and a holistic view of the whole situation. An analysis of small enterprises in a regional context will be helpful to understand their problems and providing solutions. The paper first presents the concept of systemic thinking and regional innovation systems. Then, case of the evolution of knitwear industry in Ludhiana district of India from an agglomeration of firms to Apparel Park is discussed. The case study demonstrates the role of systemic thinking and development of clusters in context of regional innovation system. Finally, concluding observations are presented.

Innovazione e competitivitŕ nella trasformazione di prodotti da agricoltura biologica: il caso delle imprese artigiane agro-alimentari lombarde

- Innovation and competitiveness of organic food artisan enterprise in Lombardy The present work is inspired by the observation that today "innovation" is frequently a key word for Italian food industry. It seems that this is the only way to successfully face global market. We can see that the food industry is following two different strategies: on one hand there are enterprises, more and more specialized, industrial production oriented whereas on the other hand there are enterprises oriented towards high quality, value added and niche productions. The aim of this work is to investigate behaviour of organic artisan enterprises in Lombardy and to take it as an example of how much innovation helps to increase small enterprise's competitiveness. Particularly the study regards two of the main regional supply chains, dairying and cereal from organic agriculture. It tries to determinate new ways to get good economic performance and, consequently, new ways to take part in the strategic choices. The work tries to check also acquisitions of innovation and which role innovation plays in a business strategy based on an upgraded concept of differentiation. This means, therefore, to focus the attention on the strategic nature of innovative choices and to define what each artisan enterprise is able to do: in an exclusive way; distinguishing it from the contenders; showing it to costumers; maintaining a special position in the market. The method of survey to define resources and ability of each organic artisan firm of the sample, is the Dynamic capabilities approach. The study evidences the key-resource and the key-capabilities combination on which is based the introduced innovation and it describes the main course of this particular sector. The data reveal a prevailing asset: marketing ability is the opportunity that a lot of enterprises efficiently use to differentiate the own distributive system - export is an example - and also to satisfy different customers. This attitude shows a resources and capability configuration more complex than the other. A systematic approach toward innovation in small enterprise, involving all the actors of the supply chain, could carry best economic improvements. Organic market, despite of the conventional one, is a new sector and it offers several opportunities to successful marketing initiative. New products, new services, new communications can attract more customers at all levels.JEL Codes: Q13, L10Key words: innovation, competitiveness, firm strategy, agricultural and food-artisan Enterprises

Competitiveness of small enterprises: Insights from a developing economy

The rapid liberalization of the world's trading system has obliged all firms (micro, small, medium and large) to participate in the international trading system. The competitiveness of these enterprises is very important if developing economies are to secure their economic survival in this era of rapid market liberalization and erosion of trade preferences. This paper seeks to provide some insights into the competitiveness of a group of firms that have received very little attention in the debate on competitiveness and economic development. It draws on the case study method to analyse export-marketing strategies of eight small firms from Jamaica to help us analyse their ability to compete internationally and, by extension, to draw out lessons for other similar enterprises in the economy. The results reveal that the export-marketing strategies used by Jamaican small enterprises to expand exports are unsophisticated and unsustainable. The strategies pursued leave these enterprises hostage to foreign buyers, thus making their export capacity quite fickle. This therefore threatens their long-term survival and by extension the Jamaican economy. Taking greater control of the export-marketing mix is the only way these enterprises can develop sophisticated strategies that will ensure their survival in an increasingly inhospitable international trading environment.