Development Of Medium Enterprises Research Articles

ANALISIS STRENGTHS DAN OPPORTUNITY DALAM PENGEMBANGAN USAHA MIKRO KECIL DAN MENENGAH PADA KELOMPOK SUMBER MAKMUR DI DESA PAYUDAN DUNDANG

Payudan Dundang Village has a lot of potential for Micro, Small and Medium Enterprises (MSMEs) which are sourced from agriculture and plantations. This study aims to analyze and to identify the problems faced and formulate strategies in the development of Micro Small and Medium Enterprises (MSMEs) in Payudan Dundang Village, as one of the leading sectors in helping improve the economy of the people of Payudan Dundang Village. This research used qualitative method through a process of observation, interviews, and documentation presented in the form of data, then the data analysis used SWOT matrix analysis to find out the strengths, weaknesses, opportunities and threats. The informants used as the data source consisted of the Leader of Group Sumber Makmur, member of grup Sumber Makmur, Payudan Dundang people. The research implementation time is one mount. The results of this study indicate that there are problems for every Micro, Small and Medium Enterprise (MSMEs) actor in Payudan Dundang Village such as: Product packaging, marketing, resources human, the introduction of technology, social and economy, so that the development of MSMEs in Payudan Dundang Village, has not been implemented properly. While the right strategy for developing MSMEs in Payudan Dundang Village Guluk- guluk district is the SO (Growth) Strategy. The SO (Growth) strategy is a strategy that utilizes existing strengths to increase its competitive advantage.

Financial Inclusion And Micro, Small And Medium Enterprises (Msmes) Development In Nigeria

This study investigated the effect of financial inclusions of micro, small and medium enterprises (MSMEs) development in Nigeria. The methodology adopted for evaluation of the model is the multiple linear regression method. This choice of method is necessitated by the nature of the study which in this case is an analysis of relationship among variables. The statistical methods used included Unit root test, the Co-integration test and error correction model. Data was sourced from CBN statistical Bulletin 1981-2019. The results show that, whereas financial inclusion positively and significantly impacts the operations and development of MSMEs, distance to financial services, access points and infrastructural deficiency challenged fast and effective access to financial services by MSMEs in Nigeria. The study recommends that deliberate efforts should be made to spread access points to more rural areas and improve infrastructure to promote FI. This should include a policy roadmap for expanding financial services access points to unbanked and underserved areas using the financial services geospatial map

Impact of Small and Medium Scale Enterprises on Economic Development of Nigeria

Nigeria has made it one of its primary goals in recent decades to develop its industrial base through the formation, maintenance and expansion of small and medium scale enterprises in order to achieve economic development. Fiscal incentives, grants, support and aid from bilateral and international agencies, as well as specialized institutions, have all been used to help the SME sector thrive. However, SMEs in Nigeria have not performed creditably and so have not played the crucial and lively role that they should have in the country's economic growth and development. As a result, the government, citizens, operators, practitioners, and organized private sector groups have all expressed concern about the situation. Using time series data set from 1991 to 2020, this study utilized the Fully Modified Ordinary Least Squares (FMOLS) to analyze the impact of small and medium enterprises (SMEs) on the development of the Nigerian economy. The study found a long-run relationship between small and medium scale enterprise and economic development in Nigeria. Our findings also indicate a unidirectional relationship from gross domestic product to commercial bank loans to SMEs. However, there is no causal relationship between inflation and gross domestic product; interest rate and gross domestic product, while none of the economic growth indicators report a bi-causal relationship. The study hereby recommends that government should assist prospective entrepreneurs to have access to finance and necessary information relating to business opportunities to enable them to reduce their operating costs and be more efficient to meet the market competitions.

KUALITAS SUMBER DAYA MANUSIA DAN MODAL USAHA PENGARUHNYA TERHADAP PENGEMBANGAN USAHA UMKM

The aim of this research investigate the role of Micro, Small and Medium Enterprises(MSMEs) which are considered very important because they are able to absorb labor and become apillar of the economy for many people, but MSMEs also cannot be separated from problems thatmust be faced, including: lack of lack of quality human resources. owned, lack of business capitalowned and lack of knowledge of MSME business development. The purpose of this study was toexamine the effect of the quality of human resources, business capital, on the development ofmicro, small and medium enterprises.This research used a qualitative approach with the type of associative research. Data werecollected through a questionnaire method with a Likert scale. The number of samples used in thisstudy were 50 respondents, namely Sasirangan SMEs in Banjarmasin City. The next stage, thequestionnaire data was analyzed by multiple linear regression which had previously met thevalidity test, reliability test, and classical assumption test, then t test and F test analysis.The results showed that: (1) the quality of human resources has a significant positive effect onthe development of micro, small and medium enterprises; (2) Business Capital which has nosignificant effect on the development of micro, small and medium enterprises (3 qualities of humanresources, business capital, together have a significant positive effect on the development of micro,small and medium enterprises.

THE ROLE OF EMPOWERMENT OF THE COOPERATIVE AND MSME OFFICE IN THE DEVELOPMENT OF SMALL AND MEDIUM MICRO ENTERPRISES IN MEDAN CITY

Medan City Small and Medium Enterprises (SMEs) development still faces several obstacles such as capital, marketing, the use of technology, human resource capabilities, and business licensing. Based on the background of the research, the purpose of this study is; analyzing the empowerment provided by Medan City SMEs to SMEs in Medan; analyzing the development of SMEs in Medan City that have received empowerment from Medan City Cooperatives Service and SMEs; The research method used is qualitative with descriptive. The results showed that the role of Medan City Cooperatives and SMEs office has been able to increase the development of SMEs in Medan City in terms of improving product quality, product diversification, production amount, and business profits. The development occurred mainly due to the empowerment of product marketing and ease of licensing. However, there are some drawbacks in the empowerment of technology utilization and empowerment of HR capabilities in the form of training programs that have not run optimally and evenly. Capital empowerment is also still lacking because the capital of equipment assistance has not been fully able to overcome the constraints of capital funding in SMEs.

Peranan UKM Sambal Jeruk Terhadap Peningkatan Pendapatan Masyarakat

This study aims to determine the development of small and medium enterprises, the processes and constraints faced by small and medium enterprises in Parado Village, Bima Regency. This study uses a qualitative approach with a descriptive method with data collection techniques using interviews and documentation. The results of this study indicate that: (1) the development of Sambal Jeruk SMEs has increased in quantity and has a positive impact on people's income to become more prosperous, increase people's income as a source of additional income and directly create jobs and meet daily needs such as food, as well as other needs such as the health of their families and the need for their children's education. The obstacles in the process of making orange sauce are the procurement of materials for making orange sauce such as oranges, bottles, salt, chili and capital.

Peranan UKM Sambal Jeruk Terhadap Peningkatan Pendapatan Masyarakat

This study aims to determine the development of small and medium enterprises, the processes and constraints faced by small and medium enterprises in Parado Village, Bima Regency. This study uses a qualitative approach with a descriptive method with data collection techniques using interviews and documentation. The results of this study indicate that: (1) the development of Sambal Jeruk SMEs has increased in quantity and has a positive impact on people's income to become more prosperous, increase people's income as a source of additional income and directly create jobs and meet daily needs such as food, as well as other needs such as the health of their families and the need for their children's education. The obstacles in the process of making orange sauce are the procurement of materials for making orange sauce such as oranges, bottles, salt, chili and capital.

Analyzing the Impact of Human Capital on the Sustainable Growth & Development of Small and Medium Enterprises (SMEs): An Empirical Study

The Small and Medium Enterprises (SMEs) play a very significant and crucial role in the economic growth of both developed and developing countries. The importance of SMEs, in particular, was highlighted by the Addis Ababa Action Agenda on financing for development as the enterprises are major creators of jobs. They also focus on providing innovative ideas for sustainable development in the developing countries. These SMEs face highly complex and volatile conditions and therefore, have to strive for sustained, smooth and steady growth to remain competitive in the business world. These enterprises aim to create their market value and establish their brand name by adopting sustainable measures. The managers of SMEs are resorting to a blend of different types of capital like financial capital, natural capital, human capital, social capital and constructed capital. Human capital, an emerging concept has caught the attention of economists and industrialists all over the world in the recent past. Various enterprises have started ascertaining the cost of human capital in terms of the skills, knowledge, competitiveness and innovative ideas provided by the individuals. This helps the organization in deciding whether it is able to adapt to the ever changing environment and achieve its goal of sustainable growth and development. The aim of the study was to examine the impact of human capital on the sustainable growth & development of SMEs. A questionnaire based survey on various dimensions of human capital was considered to assess the impact of human capital on the sustainability of the SMEs in Delhi-NCR, India. The statistical tools like Reliability Analysis and Multiple Regression were applied to achieve the results of the study. The study conducted will be beneficial not only to researchers or academicians but also to policy makers.

Nigeria as an Emerging Entrepreneurial Ecosystem: Prospects & Challenges

Until recently, the global concern is growing about the need for effective Entrepreneurial Ecosystem with a view towards public private partnership in building a practical ecosystem for promoting Micro, Small and Medium Enterprises (MSMEs) development. Entrepreneurship in Nigeria has suffered so many years of neglect and deficiencies, this is in spite of array of policy decisions and programs embarked by successive governments over time to bring socio-economic development and growth in the sector. The Nigerian entrepreneurial ecosystem consists of a diverse pool of actors from the public, private, nonprofit and development sectors carrying out different ecosystem functions that impact and determine entrepreneurship outcomes. Using the Isenberg’s six pillars of the entrepreneurial ecosystem framework, the study employed analytical review method to examined the Nigerian entrepreneurial ecosystem and explored deeper into the Nigerian economic , financial, social, political, and cultural contexts. The study revealed the issues that facilitated and impeded on the six pillars reviewed in the Nigerian entrepreneurial ecosystem . It was concluded that, unless there are deliberate attempts by government to creating enabling environment for smooth and successful engagements and collaborations with all stakeholders to meeting the entrepreneurs needs; all efforts and governmental strides to ensuring speedy entrepreneurship transformation and sustainable economic development will remain sluggish and unattained. This paper recommends amongst others, that there should be consistent monitoring and review of policies on entrepreneurship that will ensure its impact on startup, survival and growth of SMEs . Â

Main specific approaches to understanding the essence and economic role of youth entrepreneurship

In the proposed article, the author analyzes the main scientific approaches of foreign and domestic researchers for a more complete understanding of the essence and economic role of youth entrepreneurship as an institution that allows using the creative potential of the younger generation in the interests of innovative development of the country. The author defines the concept of “youth entrepreneurship”, characterizes it as a tool that ensures the growth of employment, the involvement of young people in economic activity. In modern science and theory, youth entrepreneurship is considered as a new concept conditioned by a combination of factors and trends in the development of entrepreneurship and business in general, as well as employment of the population, including young people. The author, to a certain extent, clarified and deepened the theoretical foundations of the formation and development of youth entrepreneurship, established the relationship between youth entrepreneurship and economic growth trends. Within the framework of analytical research, the economic and organizational foundations of the mechanisms for supporting youth entrepreneurship are comprehensively systematized and analyzed. The author identifies at the system level the problems hindering the development of youth entrepreneurship and ways to solve them. The research results obtained by the author are reliable and applied, can be used in the practical activities of economic management bodies at macro and micro levels, in the implementation of industrial and innovation policy, as well as in policies for the development of small, medium and large enterprises.

Partnership Analysis of Two Wheel and Four or More Automotive Industry MSMEs in Indonesia

The objectives of this study are: (1) to analyze the development and contribution of micro small and medium enterprises (MSMEs) partnerships in the Automotive Industry sector in Indonesia; (2) analyze the pattern and principle of partnership of MSMEs in the Automotive Industry in Indonesia; (3) analyzing the support of the central and local governments for the automotive industry partnership in Indonesia; (4) explore the placement of MSMEs in the National Industrial Estate and (5) develop a strategy for developing and expanding the partnership of MSMEs in the automotive industry in Indonesia. The methodology used is descriptive exploratory and SWOT analysis. The results of the study: (1) inductive statistics give the results that there are 1,474 Number of 2-wheel and 4-wheeled 2-wheeled automotive MSMEs with 2 wheels as many as 659 and 815 4 wheels in Indonesia, West Java by 66%, Banten by 14%, East Java 9%, DKI Jakarta 5%, Central Java 4%, and Riau Islands 1% and other provinces below 1%; (2) partnership patterns and principles in the form of agreements/contracts/supply chains of automotive partnership cooperation between MSMEs and large automotive companies; (3) government support regulations to form a special village center for MSMEs, Link & Match partnerships, People's Business Credit Programs, provide direct cash funds to MSMEs during the COVID-19 epidemic; (4) MSMEs have not yet been placed in Industrial Areas mandated by Law Number 40 of 2007 and Government Regulation Number 142 of 2015 and (5) the position and strategy of MSMEs is an aggressive maintenance strategy and a selective maintenance strategy.

Pemberdayaan Paguyuban Sanggar Wuni Kreasi Pemanfaatan Sabut Kelapa “Coconut Fiber” sebagai Produk Kebutuhan Rumah Tangga Ramah Lingkungan di Kelurahan Tegal Ratu Kecamatan Ciwandan Kota Cilegon

COMMUNITY EMPOWERMENT OF SANGGAR WUNI CREATIVE UTILIZATION OF COCONUT FIBER AS AN ENVIRONMENTALLY FRIENDLY HOUSEHOLD NECESSITY PRODUCT IN TEGAL RATU VILLAGE, CIWANDAN DISTRICT, CILEGON CITY. The coconut fiber is a product of coconut husks. Coconut coir is a component of coconut fruit which if used properly can become a product needed by the domestic market and become a product that has a high export value. Ciwandan District is an area that has many large capital-intensive industries. Human Resources (HR) of local communities are considered not yet qualified to compete at the level of high-ranking officials who have policies. Both mentally and in knowledge compared to immigrants who are educationally and knowledgeable superior to the local community. Friction between migrants and local communities always arises when there is a new factory through the recruitment of workers. Local people think that only people far away can work because there are people inside. Meanwhile, 'natives' find it difficult to get to work because there are no insiders. This issue continues to this day. The problem of unemployment in capital-intensive industrial locations became the subject of discussion at Sanggar Wuni Kreasi. Various formulations such as the development of Small and Medium Enterprises (SMEs) are a long-term solution to this problem. Sanggar Wuni Kreasi which is a community that carries out community empowerment activities starting from the fields of education, economy, art, and others.

PERKEMBANGAN UMKM DITINJAU DARI PEMBIAYAAN MUDHARABAH DAN MURABAHAH

This study aims to determine the effect of mudharabah and murabahah financing on the development of Micro, Small, and Medium Enterprises (MSMEs) in the Banyuasin Regency. The population in this study were 41 customers at the KSUS BMT Trans Mekar Sari Mandiri in Tanjung Lago, Banyuasin district. Sampling using saturated sampling (Total Sampling) with a total sample of 41 respondents. The analysis technique uses Multiple Linear Regression with hypothesis testing using the t-test and F test. The results of this study indicate that partially there is a significant influence between mudharabah financing on the development of MSMEs with a t count value of 3.258 > t table 1.68595 and a significance value of 0.002 < 0, 05. Meanwhile, murabahah financing has no significant effect on the development of MSMEs with a t-count value of 0.428 < t-table 1.68595 and a significance value of 0.671 > 0.05. The F test shows that mudharabah and murabahah financing simultaneously have a significant effect on the development of MSMEs with a calculated F value of 15.622 > 3.24 and a significance value of 0.000 < 0.05. The conclusion is that mudharabah financing partially has a significant effect on the development of MSMEs, while partially murabahah financing has no significant effect on the development of MSMEs. Simultaneously, mudharabah and murabahah financing have a significant effect on the development of MSMEs.

FINANCING RISK MANAGEMENT AND CONTROL FOR HIGH-TECHNOLOGICAL SMALL AND MEDIUM ENTERPRISES — UNDER NONLINEAR DIFFERENTIAL EQUATION

In this paper, a financing decision-making method is proposed based on the nonlinear differential equations (NDEs) to promote the healthy development of high-technological (high-tech) small and medium enterprises (SMEs). An assessment index system for financing risks is established, and the financing decision-making method is proposed based on the backward stochastic differential equation (BSDE). Then, the financing risk is evaluated with analytic hierarchy process (AHP) combined with fuzzy evaluation based on the financing status of Peilin Company. Finally, the corresponding financing decision is proposed based on the BSDE. It is found that the comprehensive score of financing risk of Peilin Company is 63.6124, indicating that the risk is high. The financing decision obtained shows that the current equity fund financing should be 396.24[Formula: see text]million to achieve the future goal. It is proved that the proposed financing risk evaluation method can assess the financing risks accurately, and the financing decision-making method based on NDE can obtain more appropriate financing decisions through calculation. This study can provide a crucial reference for management and control of financing risk for enterprises.

Meningkatkan Penjualan UMKM Binaan Program Jabar Juara Kota Depok Melalui Optimalisasi Target Market

This service is entitled Increasing Sales of MSMEs Guided by the West Java Champion Program in Depok City through Optimizing Target Markets. The general purpose of this community service activity is to provide training and practical knowledge of marketing management science by using appropriate segmenting, targeting, and positioning techniques for use by MSMEs in marketing their products. The method used is direct material delivery as well as simulations and discussions regarding marketing management and re-targeting MSME products during a pandemic which is closely related to new normal conditions in the development of Micro, Small, and Medium Enterprises that have an impact on people's welfare. This PKM activity is very useful for MSME actors in the West Java Champion Development Program, Depok City, who are helped in opening additional insights and knowledge in marketing their products effectively and efficiently. PKM participants who are members of the West Java Champion MSME fostered program, Depok City, have known and understood the right techniques in implementing Segmenting, Targeting, and Positioning strategies in an effort to market and sell their products to consumers.

Pemanfaatan Financial Technology dalam Pengelolaan Keuangan pada UMKM di Wilayah Depok

The general objective in this community service activity is to assist MSME actors by providing training and practical knowledge of management science in financial management and the use of financial technology which has an impact on the development of Micro, Small and Medium Enterprises (MSMEs). The method used is the method of collecting data and delivering direct material as well as simulations and consultations on financial management and the use of financial technology in the development of Micro, Small and Medium Enterprises (MSMEs) which have an impact on the welfare of the community. The results of this community service activity in the effort to assist and develop MSMEs show that the use of Fintech by MSME actors can facilitate financial transactions such as payment methods for buying and selling products that are already digital, digitally storing funds becomes practical and fast, and also making it easier for MSME actors in seeking funding/business capital. The conclusion of this community service is that MSME actors can better understand and apply simple financial management methods and take advantage of financial technology to achieve prosperity and development of Micro, Small and Medium Enterprises (MSMEs).

The trends of export activities development of small and medium enterprises: world experience and russian practice

The article analyzes the peculiarities of export activities of small and medium-sized businesses, shows the high involvement of companies belonging to small and medium-sized businesses (SMEs) in the high-tech sector. The contribution of SMEs to the creation of the value of a product/service through the introduction of innovations and their adaptation to different contexts by providing new or niche products that meet the diverse needs of customers is noted. Based on the analysis of the world practice of export activities of SMEs, the author concludes that SMEs can contribute to economic diversification and economic sustainability. This is especially true for resource-rich countries that are particularly sensitive to fluctuations in raw material prices. The emphasis is placed on the analysis of the export activity of Russian SMEs, an insignificant share of SMEs in the total volume of exports in comparison with other countries is highlighted. It is concluded that Russian small and medium-sized businesses are in the process of formation, which makes them vulnerable to the influence of both external and internal threats. It is shown what impact the COVID-19 pandemic had on SMEs. It was emphasized that the main problems for such companies were non-fulfillment of contractual obligations and a sharp decline in demand.

RECENT DEVELOPMENT OF MICRO, SMALL AND MEDIUM ENTERPRISES IN INDONESIA

This paper examines the development of micro, small and medium enterprises (MSMEs) in Indonesia. It aims to answer the following research questions. First, how important are MSMEs? Second, what are their main constraints? Third, how was the impact of the COVID19 pandemic on them? This study adopted descriptive analysis using secondary data. It shows that MSMEs are dominated by micro and small enterprises (MSEs), and accounted for almost 100% of all firms but only contributed an average per year of around 58 % of the GDP. Their main constraints are a lack of capital, and difficulties in marketing and in the procurement of raw materials. During the pandemic, many MSEs were severely affected although it varied by industry. This study has, however, one limitation. Although the study aims to examine MSMEs, the focus is however on MSEs in the manufacturing industry due to a lack of national data.

The Development of Small Medium Enterprises and Their Impact on the Ghanaian Economy

The Ghanaian economy is made up of small and medium scale enterprises (SMEs), corporate bodies and multinational companies. They together form the medium through which the economy transacts business activity and grows. The government agenda to make the private sector the engine of growth is mainly driven by the SME sector. The SME sector contributes over 70% of the country’s GDP. SMEs have over the years been very significant to the economic development of most developing countries, especially Ghana. It is a major form of business and a major employer making strong positive impact on the economic growth and GDP in Ghana. This study researches into the operation of the SME development in Ghana, the importance of SME’s to the Ghanaian economy, the challenges facing the sector and makes recommendations as to how to resolve these challenges and the impact to the Ghanaian economy. Data was collected from SMEs from various cross sections of manufacturing, trade, commerce and service industries. The data was collected through interviews, questionnaires, publications and reports. On the average the sector was found to be a major contributor to the GDP, performing very well. Some of the problems faced by the sector were lack of access to credit facility, inefficiencies with their management, inability to capitalize on advanced technology, regulatory and legal constraints. Recommendations are made for the training of the SME owners and managers as well as for the proper registration and structuring of the SME ventures to facilitate access to credit and also meet regulatory requirements.

Analysis of China’s New Energy Industry Development from the Perspective of Low-Carbon Economy

At present, the world is experiencing a serious climate change problem, and the consumption of high-carbon energy sources such as coal and oil undoubtedly brings great harm to the environment. In this context, some European and American countries have promoted a low-carbon revolution with high energy, high efficiency and low carbon emissions, focusing on developing low-carbon technologies. This paper mainly discusses the new energy industry from the perspective of low-carbon economy in China, and believes that China should also make a deep thinking on low-carbon economy and makes improvements of the industrial energy of some enterprises. This paper hopes to offer some references for the development of small and medium enterprises.