Development Of Small Enterprises Research Articles

Информационно-коммуникационные технологии в международном бизнесе средних и малых предприятий: роль, типы и решения

This article examines the role of information and communication technologies (ICT) in the interna-tional business development of small and medium-sized enterprises (SMEs) in the modern world. The COVID-19 pandemic had forced managers of SME organizations to adapt quickly to new business conditions by adap-tation of new technologies and changing internal and external business processes. The article analyzes the key factors of integration ICT that influence the transformation of the way business is conducted in global markets. The specifics of ICT implementation in various areas of small and medium-sized businesses are described. The most significant challenges of digital transformation of SME business have been identified. The study high-lights the importance of addressing these issues in increasing the competitiveness and innovation capacity of SMEs in the global economy.

Strategi Peningkatan Mutu dan Keamanan Produk Olahan Melalui Pelatihan Good Manufacturing Practice (GMP) pada UKM Piyasan Nanggroe Kabupaten Aceh Utara

Community Engagement activities were conducted in Gampong Matang Meunye, Aceh Utara District, with a focus on the development of Micro, Small, and Medium Enterprises (MSMEs) represented by the UKM Piyasan Nanggroe group. This group possesses expertise in producing high-quality dried bananas, referred to as "pisang gintong," and aspires to scale up production extensively. The objective of this Community Engagement was to provide support in enhancing production and business legality, particularly in the realm of business management, encompassing business motivation, financial recording, and digital marketing. Furthermore, this endeavor aimed to elevate product quality by implementing Good Manufacturing Practices (GMP) with hygienic and efficient standards and introducing processed banana products using state-of-the-art processing technology that is more hygienic and healthier while leveraging local resources. The implementation of the activities comprised three stages: preparation, program execution, and evaluation. The preparation phase encompassed pre-surveys, team formation, proposal development and submission, team and partner coordination, and the preparation of training materials. The program execution stage involved disseminating information and conducting discussions to impart knowledge in business management, digital marketing, and GMP practices. The evaluation and reporting phase ensured the success of the program. After the program, it is anticipated that MSME entrepreneurs within the UKM Piyasan Nanggroe group will experience increased production capacity, a better understanding of the importance of sound financial record-keeping, the implementation of marketing strategies through labels (Halal and branding), and the adoption of hygienic standard processing technology. This article aims to provide practical guidance for MSME entrepreneurs in enhancing their quality and competitiveness.

Pengaruh Literasi Keuangan dan Akses Keuangan Terhadap Perkembangan Usaha Mikro Kecil Menengah di Yogyakarta

Especially in Indonesia, MSMEs play a significant role in economic development and growth and are the largest economic actors in the country. This research aims to study how financial literacy and financial access impact the development of micro, small, and medium enterprises (MSMEs) in Yogyakarta. In addition, this research measures financial literacy and financial access for MSMEs in Yogyakarta. Owners and managers of small and medium enterprises (MSMEs), Pecel Lele Pak Sony and Warmindo Sinar Bahagia in Yogyakarta, are the samples for this research. Using qualitative methods, this research collects data through interview techniques. The level of influence of financial literacy and financial access on the growth of MSMEs in Yogyakarta is still low.

PKM Pengembangan Desa Wisata Berbasis Pemberdayaan Masyarakat Menuju Kemandirian Ekonomi Desa di Kabupaten Gresik

The development of the country through tourism development is currently a priority program for the central and regional governments. This is not unusual considering the country's economic condition which has experienced a decline after the Covid pandemic over the last two years. The development of tourism villages carried out by the government of Sekapuk Village, Ujungpangkah District, Gresik Regency is one part of the village government's plan to improve the community's economy. The main problem currently being faced is the lack of skills and productivity of community micro, small and medium enterprises as well as the management of PIRT and the legality of MSME products. that has been produced. Empowerment with the title development of tourism villages based on community empowerment towards economic independence aims to 1) alleviate community poverty through sustainable development of community micro, small and medium enterprises, 2) assist in analyzing the potential and realization of micro, small and medium enterprises oriented towards community empowerment towards economic independence. The approach used in this empowerment is a collaborative PAR (Participatory Action Research) approach between researchers and the community to formulate joint problems, plan and carry out joint actions to solve existing problems in a sustainable manner.

PEMASARAN PRODUK MELALUI PROGRAM POJOK UMKM DI DESA KINDANG GUNA MENINGKATKAN EKSISTENSI PRODUK DAN MEMAJUKAN PEREKONOMIAN MASYARAKAT

Efforts in marketing products through the Micro, Small and Medium Enterprises or MSMEs Corner program play an important role in increasing the existence of products and the economic progress of the community in Kindang Village. This is based on the main problem of the decline in the community's economy as a result of the Covid-19 pandemic. For this reason, the MSME Corner program is present to facilitate business units in Kindang Village through marketing selected products to advance the economy of Kindang Village and expand the market or consumer reach of MSME players in Kindang Village. The implementers of this program are lecturers, students, along with mentors and village officials in Kindang Village. The visible achievement of this program is the availability of the UMKM Corner facility in Kindang Village. This facility not only functions as a marketing place, but also as an information and promotion center to expand market reach. Thus, this program not only provides direct economic benefits through increased product sales, but also indirectly increases public awareness and appreciation of local products. In addition, the program has a positive impact on increasing community involvement in local economic enterprises. With the MSME Corner, the community of Kindang Village can directly benefit from the development of micro, small and medium enterprises, thus increasing their sense of ownership and pride in their local products. This program can be used as an example for other villages as a model of effective collaboration in advancing the MSME sector at the local level.

THE OPTIMIZATION OF BILATERAL INVESTMENT TREATY TO ENCOURAGE THE DEVELOPMENT OF MICRO SMALL AND MEDIUM ENTERPRISES IN INDONESIA AS HOST STATE IN INTERNATIONAL INVESTMENT ACTIVITIES

International investment can accelerate economic growth and accelerate development in Indonesia. The Bilateral Investment Treaty (BIT) is an international agreement between two countries on provisions for international investment. The BITs are intended to promote the development of micro, small and medium enterprises in the country. Again, Small and medium-sized enterprises (SMEs) in Indonesia need support in promotion and legal protection to develop and become more optimal, as SMEs are the backbone of the Indonesian economy and part of the implementation of the Pancasila economic system. SMEs development provisions can be addressed in international agreement such as BIT or Free Trade Agreements (FTA) to provise a forum for broader sectors that include SMEs. Therefore, to develop SMEs in Indonesia through international investment practices, it is necessary that related parties, i.e., the government to take measures for optimizing the development of SMEs in Indonesia and obtain comprehensive international investment support to strengthen through International Investment Agreements (IIA) and be competitive in the global market through strengthening and broadening the scope of SMEs in IIA.

Culinary Creations for the Development of MSMEs in Creating Traditional West Cikalong Foods and Drinks

This article explores the pivotal role of traditional culinary arts in fostering the development of Micro, Small, and Medium Enterprises (MSMEs) in West Cikalong. Emphasizing community involvement, it delves into how local food and drink specialties serve as a catalyst for economic growth and social enrichment. The study highlights the diverse culinary heritage of West Cikalong, underscoring the potential of indigenous food and drinks for commercial success. It examines the initiatives aimed at skill development, focusing on traditional cooking techniques and recipes, and how these bolster MSME growth. The article addresses the challenges in preserving authenticity and competing in the market, while recognizing opportunities for innovation and expansion. Incorporating case studies, it showcases successful local MSMEs that have made significant community impacts through culinary endeavors. Furthermore, the role of culinary tourism in enhancing local economic stability and MSME development is discussed. This study underscores the synergy between culinary heritage and economic development, advocating for the integration of traditional culinary practices into MSME strategies as a means for community empowerment and sustainable development in West Cikalong.

COVID-19 induced DV in Zimbabwe’s Southlea Park residential area in Harare

COVID-19 affected various communities across the globe in different ways. The study assessed the impacts of the COVID-19 lockdown on domestic violence in the Southlea-Park residential area in Harare. A mixed-methods research design was adopted as it allowed use of both qualitative and quantitative data collection approaches. Questionnaires, interviews, and observations were employed for data collection. The research showed that DV in the Southlea Park residential area emanated from drug abuse, juvenile delinquency, conflicts over decision-making between parents, prostitution, and food insufficiency, among others. The study indicated that most dominant forms of DV in Southlea Park during the COVID-19 lockdown period included physical, emotional, and verbal violence. The findings from this study indicated that males suffered more from verbal and psychological violence, while females suffered more from physical, economic, sexual, and emotional violence. The research concludes that COVID-19 had massive influence on domestic violence; however, the Zimbabwe Republic Police should ensure deployment of police officers in temporary camps within or close to residential areas that are far from police stations to ensure public safety during situations that trigger domestic and other forms of violence in residential areas, and the Ministry of Women Affairs, Community, Small and Medium Enterprises Development in Zimbabwe should ensure availability of agents responsible for ensuring against vulnerability of people to gender, domestic, and other forms of violence in all communities of the country, especially during situations that trigger violence.

Readiness of SMMEs for the adoption of the fourth industrial revolution in Mamelodi Township

This study aimed to assess the readiness of small, medium, and micro enterprises (SMMEs) in Mamelodi township to adopt the Fourth Industrial Revolution (4IR). Within the South African environment, small, medium, and micro-enterprises (SMMEs) are frequently associated with a substantial rate of failure. Previous studies have investigated many factors that contribute to the low survival rate of small, medium, and micro enterprises (SMMEs). However, most of the studies focused on managerial issues, such as lack of experience, ineffective management methods, insufficient financial management, and obsolete marketing techniques. Most established companies have adopted various technologies associated with the Fourth Industrial Revolution (4IR) and are thriving as a result of the benefits associated with digitalization and automation. Therefore, it is crucial to evaluate the readiness of SMMEs in adopting the Fourth Industrial Revolution (4IR) and achieving similar benefits. Qualitative data was collected through interviews with owners and managers of small, medium, and micro enterprises (SMMEs) in Mamelodi township, Tshwane Municipality. The study found that SMMEs in Mamelodi are willing to adopt the Fourth Industrial Revolution (4IR), while encountering various difficulties. The results provide significant insights for owners and managers of Small, Medium, and Micro Enterprises (SMMEs) in townships about the implementation of the Fourth Industrial Revolution (4IR). Furthermore, government organizations tasked with supporting the creation and sustainability of small, medium, and micro enterprises (SMMEs) are aware of the scope of their operations, specifically in a township like Mamelodi. The study provided a vital contribution to the growing body of research on Small, Medium, and Micro Enterprises (SMMEs) in townships and their incorporation of the Fourth Industrial Revolution (4IR). The essay highlighted major barriers that hinder the adoption and use of existing technology, while also providing tangible evidence of the influence of contemporary technology on the development and success of small, medium, and micro enterprises (SMMEs).

Types and Methods of Assessing the Value of Intellectual Property Pledge Financing

China has a large stock of intellectual properties and a strong capacity for indirect financing. In the process of shifting from factor inputs supporting high economic growth to technological innovation contributing to high-quality economic development, intellectual property pledge financing plays an extremely important role. Moreover, as a new financing channel, intellectual property pledge financing can effectively alleviate the financial pressure on the development of small and medium-sized enterprises. Additionally, intellectual property pledge financing can also help promote the transformation of knowledge achievements and alleviate the financial problems of enterprises to a certain extent. Although China's intellectual property pledge financing has seen rapid development in recent years, there is still a large gap compared to the number of intellectual properties and the financing needs of enterprises. This is mainly attributed to the easy depreciation of intellectual properties, instability of rights, and other characteristics, which cause difficulties in assessing the value of intellectual property pledge financing and aggravates the risk and difficulty of intellectual property pledge financing. Therefore, how to scientifically assess the value of intellectual properties for the purpose of pledge financing has become an issue worthy of in-depth study and exploration at this stage.

Digital transformation toward sustainable development in Vietnamese small and medium enterprises

Abstract Digital transformation is not just a fad, it is also a significant opportunity for businesses to streamline processes, provide customers with value, and boost productivity. The research was conducted to understand the impact of digital transformation on the firm performance of Vietnamese small and medium enterprises. The number of survey samples is 930 and the SEM method is used to process data using SmartPLS 4.0 software. Research results show that digital transformation has a positive impact on business performance. The research results also confirm the mediating role of digital innovation and the moderating role of CSR for customers. This study clarifies the connection between digital information and firm performance in Vietnamese small and medium-sized enterprises, diversifying the results of business performance analysis. Additionally, businesses can use the research findings as a springboard to develop strategies for deploying digital activities that contribute to sustainable development.

PENGUATAN BISNIS PRODUK MAKANAN TRADISIONAL JOJORONG BERBASIS SOCIAL MEDIA MARKETING DI KABUPATEN SERANG

The development of Micro, Small and Medium Enterprises (MSMEs) for Jojorong traditional food has significant potential for strengthening the economic fundamentals of the Banten region. Nevertheless, the majority of Kebantenan culinary MSMEs still encounter various obstacles in business development, especially from the marketing aspect. The digital era of social media marketing (social media marketing) has become the main pillar for culinary MSMEs to expand market coverage by strengthening marketing aspects. In community service in Kadubeuruem Village, Serang Regency which was held on 10th June 2023, assistance was given to the strategy of strengthening the MSME business for traditional Jojorong food through the use of social media as a social media marketing channel. In this assistance, knowledge is provided about techniques for using social media marketing to expand the scope of the original Banten culinary market. The success of this activity can be seen from the Jojorong MSME owners who can take advantage of social media marketing as the best channel to introduce Jojorong traditional food globally. From the results of this activity it is known that strengthening business through social media marketing is the best means of developing Jojorong culinary MSMEs in Kadubeureum Village, Serang Regency.

BUSINESS PLANNING BASED ON GREEN MANAGEMENT, SHOULD BE SUSTAINABLE?

Development of Micro, Small, and Medium Enterprises (MSMEs) must be carried out. One of the important factors in developing a business is carrying out good and focused business planning. One of the factors that makes it difficult for MSMEs to develop is the lack of a well-planned business plan. Having a sustainable business is certainly the dream of every business person. The reason is, currently there are many risks that can threaten business continuity. Carrying out community service activities in a post-pandemic period like this is very challenging for our implementing team. We also adapt the form of activity to the needs and desires of MSME players who are hungry for information regarding the preparation of business plans that can support business success with the aim of being able to have an advantage in business competition after the pandemic, which of course will result in changes in business activities. By preparing a business plan based on green management which has become a trend among business drivers in a well-planned and well-planned manner, improving the performance and sustainability of MSME businesses can be possible. It is hoped that this socialization will make it easier for MSMEs, especially those in the Marunda Flats, Marunda Village, Cilincing District, North Jakarta. to be able to make the business competitive and sustainable.

Power of innovation networks for the energy sector after COVID-19. A case study of the Enterprise Europe Network

Innovation networks such as the Enterprise Europe Network (EEN) are an important element supporting the development of small and medium enterprises (SMEs) from various economic sec-tors. Their operations focus mainly on organizing brokerage events, business mission conferences, etc. These events are to facilitate networking, learning about new industry trends, or exchanging experiences. The global COVID-19 pandemic has significantly curbed the effectiveness of innovation networks, forcing them to look for new forms of contact. Entrepreneurs from the energy industry who have so far actively participated in events organized by the EEN have also been affected. The article analyzes the impact of EEN pandemic on the activities of the EEN and its effectiveness, focusing mainly on the quantitative aspect of the impact of the crisis. In particular, it shows how the number of events organized, their structure and the effectiveness of EEN’s activities have changed, which is reflected in the number of cooperation contracts between entrepreneurs participating in the events. The paper compares the impact of the pandemic on the organization of all types of promotional events for companies in the energy industry. Furthermore, based on a case study, the article discusses the problems faced by innovation networks during the pandemic and those faced by companies in the energy industry. The results of the study clearly show a decrease in the number of events organized by innovation networks in times of crisis, but the decrease in energy-related events is not as significant as in events related to other industries. At the same time, the effectiveness of organized events increased.

ОСНОВНЫЕ ПОКАЗАТЕЛИ И ПРИНЦИПЫ УСТОЙЧИВОГО РАЗВИТИЯ МАЛОГО БИЗНЕСА АГРАРНОГО СЕКТОРА ЭКОНОМИКИ

Small agricultural enterprises, providing high growth rates of agricultural production, are a significant resource of the state, whose role in the implementation of the food program is growing every year. Recent years have shown an increase in the number of small enterprises engaged in the cultivation of grain crops in the Russian Federation and in the Voronezh region.
 At the same time, many small agricultural enterprises have an insufficient level of production, labor and financial resources, which disrupts the sustainable development of economic entities and the occurrence of bankruptcy of small businesses, the termination of activities. All this requires the search for new approaches and principles for the formation of sustainable development of agricultural enterprises and the definition of their priority areas.
 The article summarizes and analyzes the existing concepts of "sustainability". The economic realities in the field of grain production are considered on the example of small enterprises in the Voronezh region. The risks and threats that contribute to the decline in the development of the grain sector of the economy, represented by small agricultural enterprises in the Voronezh region, are identified.
 The author proposes a system of qualitative and quantitative indicators to assess the level of sustainable development of small agricultural enterprises.
 To obtain conclusions on the stated topic of the publication, the method of comparing and comparing the indicators of small enterprises in the Voronezh region was used. The main principles of sustainable development of small businesses in the agricultural sector are disclosed, the implementation of which in the practice of small agricultural enterprises will contribute to the sustainable development of small businesses, the growth of food security in the Voronezh region and the Russian Federation as a whole.

Pengembangan UMKM Pesona Plastic melalui Produk Desain dari Limbah Plastik dengan Pemanfaatan Teknologi dan Strategi Manajemen Bisnis Berkelanjutan

The development of Micro, Small, and Medium Enterprises in Pesona Plastic, Batubulan Village, Gianyar Regency, Bali, focuses on the development of design products that use plastic waste as raw material. This effort involves the utilization of technology and sustainable business management strategies. The methods used include training and mentoring. This article outlines concrete steps in the development of Pesona Plastic UMKM, including the plastic waste processing process, the development of innovative design products, and the implementation of sustainable business management strategies. Activities conducted include the procurement of equipment and various training sessions, such as product design training for accessories and fashion, website integration training, interior product design training, digital marketing training, packaging design training, entrepreneurship and financial management training for UMKM and youth, social media marketing training, layout design, and space organization training, as well as equipment usage workshops. The results are successful efforts to reduce the impact of plastic waste, create high-quality products, and improve the well-being of the Pesona Plastic UMKM community in Batubulan Village. The follow-up plan for this program involves collaboration between IDB Bali and Pesona Plastic UMKM, with future involvement of students for practical training and the realization of designed products that serve a useful purpose.

ASEAN Charter and Regional Micro, Small and Medium Enterprises Development

Introduction: Micro, Small and Medium Enterprises (MSMEs) are a prominent sector in the Asian region that is proven to support the economy, especially developing countries. Although important, it is not uncommon for countries to ignore these independent economic initiatives.Purposes of the Research: This paper aims to provide a brief overview of ASEAN's role in the development of MSMEs in the Region which is the mandate of the ASEAN Charter.Methods of the Research: This research was conducted by conducting a normative juridical approach. Literature review and related secondary data.Results of the Research: The results showed that MSMEs are one of the efforts to realize the economic goals of the Region as stated in the ASEAN Charter. Behind its strategic role for the national and regional economies, MSMEs still often face various challenges, both internally, such as limited capital and technology, as well as externally, including issues related to licensing, raw materials, marketing to integration efforts into regional and global production chains. For this reason, ASEAN's role is very important, especially to implement the Strategic Action Plan for SME Development (SAPSMED) 2016-2025 with the vision of 'Globally Competitive and Innovative SME’.

Technology Innovation, Financing Risk and Control in Small and Medium-Sized Enterprises Supply Chain

With the development of supply chain finance, micro and small enterprises can effectively solve their financing difficulties and improve the flow of funds in the supply chain. This paper reviews the work done by past research in solving the financing problems of MSMEs, credit risk assessment and control, and the development of new technologies in supply chain finance. It discusses how technology affects the efficiency and security of supply chain finance and takes small and medium-sized enterprises as carriers to carry out a broader theoretical analysis of risk control and assessment. At the same time, the paper analyses the application of currently popular and advanced technologies, such as blockchain, artificial intelligence, and the Internet of Things, in solving the financing challenges of SMEs. In addition, the paper discusses and compares the risk assessment and control of micro and small enterprise financing and supply chain finance risk control and proposes corresponding solutions and models.

The influence of internal factors on micro and small enterprises performance: evidence from Tanzanian agri-food processors

Abstract Building upon resource-based view (RBV) theory, this cross-sectional study employed binary logistic regression to examine the influence of firm-level factors on the performance of 435 Tanzanian micro and small agri-food processing firms. The results of the study show that intangible resources, age (enterprise, manager), and management practices (target setting, working capital management, and performance monitoring) have a significant influence on firm performance. Firm size, tangible resources, and managers’ education level were not significant predictors of firm performance. The findings confirmed the RBV argument that intangible resources contribute more to the variation in firm performance compared to tangible resources. This study adds to the limited research on the combined effect of firm-specific characteristics, firm resources, managerial characteristics, and selected management practices on the performance of micro and small firms in emerging economies. The findings will help managers to identify success factors that are significant for better performance and will support policymakers to design strategies that can effectively contribute to the development of micro and small enterprises in the agri-food subsector.

Regional Aspects of State Support for Small and Medium-Sized Businesses: Assessment of the Results Achieved and Prospects for Development

Relevance. Small and medium-sized enterprises play a significant economic and social role in the development of the regional economy. In the case of real state support, prerequisites are created for the growth of business activity of small and medium-sized businesses. All the above circumstances actualize the topic of scientific publication. The purpose of the study is to assess the achieved results of state support for small and medium-sized enterprises, which will serve as a basis for the formation of promising areas for improving the mechanism of this support. Objectives: to evaluate the results of the achieved results of state support for small and medium-sized enterprises in the subject of the Russian Federation; to differentiate and correlate the types of state support for small and medium-sized businesses to organizations that form the infrastructure of this support; to identify promising areas for improving the mechanism of state support for small and medium-sized enterprises in the subject of the Russian Federation. Methodology. The research used general scientific methods of analysis and synthesis; specific methods: monographic, abstract-logical and content analysis, methods of socio-economic forecasting and program-target planning. Results. The authors evaluated the results of state support for small and medium-sized enterprises in the subject of the Russian Federation. According to the results of the assessment, an increase in interest on the part of the state in supporting the development of small and medium-sized enterprises has been established, which is expressed both in quantitative and qualitative terms. The authors differentiated and correlated the existing types of support to organizations that form the support infrastructure for small and medium-sized business entities in the selected subject of the Russian Federation. Conclusions. There is an increase in interest on the part of the state in supporting the development of small and medium-sized enterprises, which gives grounds to continue working in this direction. A promising area of support for the development of small and medium-sized businesses should be the creation of regional models of the university of entrepreneurs, which will allow implementing an educational component into the current mechanism of state support that can form business competencies for future technological entrepreneurs.