Performance Of SMEs Research Articles

Role of Organizational factors for Sustainable Logistics Performance of SMEs manufacturing firms of developing country: Mediating Role of Big Data Driven Supply Chain

Role of Organizational factors for Sustainable Logistics Performance of SMEs manufacturing firms of developing country: Mediating Role of Big Data Driven Supply Chain

Linking Knowledge Search to Innovation Performance in Culinary SMES Sector: The Mediating Role of Digital Orientation

Purpose: The purpose for this research is to explore the role of digital orientation in moderating the effect of knowledge search on innovation performance in culinary SMEs in Rembang Regency. Methodology: The type of research is quantitative using an explanatory research approach. The number of research samples is 82 culinary SMEs in Rembang Regency by using the purposive sampling method. Results: The research findings show that knowledge search has a significant effect on innovation performance. However, digital orientation cannot moderate the effect of knowledge search on innovation performance. Limitation: The use of limited sampling only in the Rembang regency so the findings cannot be generalized. In addition, the number of samples used in the research was too small therefore the scope of the research was limited. In this study, the research variables in the model only include 3 variables so that the research model is limited. Contribution: Based on the results of this research, culinary SMEs must improve their knowledge search capabilities therefore the innovation can be created optimally and also the implications of knowledge search can build a knowledge base for SMEs. In addition, these results can also be used for future research using the same research model.

Financial literacy and small and medium enterprises performance: the moderating role of financial access

Purpose The current study examines the relationship between financial literacy and small and the performance of medium enterprises (SMEs), focusing on the moderating role of financial access. Design/methodology/approach The population of this study consists of present SMEs in Kuwait, from whom a sample of 155 businesses was chosen. This study adopted a cross-sectional time frame and analyzed the collected data using partial least square structural equation modeling, and Smart-pls 4 software was applied for calculation. Findings This research reveals that financial literacy significantly influences SME performance, consistent with previous studies, showing that higher financial literacy promotes entrepreneurs' financial management capabilities and enhances business outcomes. Also, the study supports that financial access significantly moderates this relationship, pointing out that adequate access to financial services boosts the benefits of financial literacy. Research limitations/implications Major implications of this study compromise the urgent need for customized financial literacy programs and policies promoting financial thoroughness, particularly in enhancing economies. The study recognizes limitations such as its cross-sectional design, small sample size and reliance on self-reported measures, suggesting further research use longitudinal approaches, a larger sample and objective measures. Practical implications The authors’ recommendations contain comprehensive financial literacy training, development of targeted financial education initiatives, promotion of sound financial management practices and policies to enhance financial access and inclusion, all aimed at boosting SME performance and contributing to economic growth. Originality/value To the best of the authors’ knowledge, this study is Kuwait’s first of its sort. Thus, the research is even more critical in Kuwait, where social and corporate values differ significantly. Therefore, this study aimed to investigate the relationship between financial literacy and the performance of Kuwait’s SMEs moderated by financial access.

Analysis of The Factors of Competitive Advantage of Women SME Actor: Empirical Study From Limo Sub-District, Depok City, Indonesia

The development of the SME sector plays a vital role in the Indonesian economy, contributing significantly to gross domestic product, employment, and exports. Despite the complex challenges, attention to women's SMEs is increasing in the Limo District, Depok City. This quantitative research uses the factor analysis method to analyze the competitive advantage factors of women SME actors with a sample of 100 persons. This study identifies and analyzes the application of competitive advantage factors that support the performance of women SMEs. The results show that women SMEs can adapt and innovate despite capital and knowledge limitations. The implications of this research guide for the government and related institutions to formulate strategies to improve the performance and contribution of women SMEs in sustainable economic development in the region.

Financial Literacy and Financial Performance of Small and Medium Sized Enterprises in Kakoba Ward Mbarara City, Uganda

The financial performance of SMEs is a major concern for Uganda with high rates of solvency among these enterprises. Financial literacy has been identified as a one of the key competencies required for the establishing, management and thriving of SMEs. The study was guided by three objectives that include to analyze the effect of debt management literacy on the financial performance, to assess the effect of book keeping literacy on the financial performance of Small and Medium enterprises in Kakoba Division Mbarara City Southland to examine the effect of budgeting literacy on the financial performance of Small and Medium enterprises.. The researcher deployed across sectional survey design where a sample of 97 SMEs was selected using stratified random sampling technique. Responses were collected using a self-administered questionnaire that was comprised of Likert scaled questions. Data collected was analyzed using SPSS version 23.0 where regression analysis was performed to establish the effect between the variables. The study established that bookkeeping literacy (Adjusted R2=0.077, P-value = 0.015) and debt management Adjusted R2= 0.096, P-value =0.007) significantly and statistically affect and predict financial performance of SMEs. The study concludes that financial literacy significantly affects financial performance of SMEs and recommends that government and other development partners should institute financial literacy training programs and owners should follow separate ownership from business actives and therefore employ people with necessary knowledge to run their operation. The study further suggests that further research on other dimensions of financial literacy like savings, accountability, and investment so as to make a generalization of effect of financial literacy on the financial performance of SMEs

Optimizing the Financial Performance of SMEs in Bali

Optimizing the Financial Performance of SMEs in Bali

UNVEILING THE INTERPLAY OF COMPETITIVE ADVANTAGE, MANAGEMENT ACCOUNTING INFORMATION SYSTEMS AND SME PERFORMANCE

This research uses the resource-based view theory to examine the influence of competitive advantage on SME performance. Furthermore, this research also examines the effect of management accounting information systems on SME performance. This study used a survey method with 129 SMEs in Malang City, Indonesia. Research data was analyzed using Warp PLS 8.0. The research results show a significant effect between competitive advantage and management accounting information systems on the performance of SMEs. In addition, management accounting information systems can moderate the relationship between competitive advantage and SME performance. These results imply that SMEs must create a competitive advantage over competitors, which will positively affect profits. In addition, implementing a management accounting information system will further strengthen the role of competitive advantage in improving performance for SMEs

The Impact of Accounting Practices on the Financial Performance of SMES in Somalia

The Impact of Accounting Practices on the Financial Performance of SMES in Somalia

Can ICT be Driving Force behind the Acceleration of Small and Medium Enterprise Profitability: Evidence from Nepal

Background: SMEs are critical to a country's economic development; researchers are increasingly focusing on their adoption and use of information and communication technology. Previous research has revealed that the contribution of ICT to SMEs performance and profitability is not clear or certain. Objective: This study examines the adoption among SMEs in terms of the advanced stage from technology adoption to post-adoption. The mediating impact of performance on profitability is also being investigated. Method: The exploratory research design was chosen as the primary study model in order to find reality. To examine the data quantitatively, descriptive and inferential statistics were used. A convenience sampling with a sample size of 201 SMEs were chosen for the study based on practical experience and adequate ICT knowledge. Result: The study found that ICT usage and profit have a significant link. However, the performance of SMEs does not play a role in moderating the relationship between ICT usage and profitability because our study finds degree of utilization ICT usage doesn’t play any significant role in performance. Conclusion: ICT is still a new concept in SMEs that deserves to be given more attention. Employees and organizations must use ICT, technology system integration, and finally implementation across all functional areas to increase the profitability of SMEs. This study recommends that government should initiate ICT awareness programs in SMEs, provide subsidies and grants for ICT adaptation and use, education sectors should focus on technology skill manpower, and ICT should be used and integrated across all functional areas of SMEs to increase profit. Paper Type: Research Paper Key words: ICT, Small Medium Enterprise, Profitability, Performance JEL Classification: M41, M15, C88, D91, N95, C38

Navigating challenges: lean inventory management and SMEs performance during the COVID-19 crisis and beyond

Navigating challenges: lean inventory management and SMEs performance during the COVID-19 crisis and beyond

The Impact of Strategic Entrepreneurship Behaviors on Business Performance in Turkish SMES: The Role of Business Model Innovation and Competitive Intensity

The Impact of Strategic Entrepreneurship Behaviors on Business Performance in Turkish SMES: The Role of Business Model Innovation and Competitive Intensity

Factors influencing the adoption of artificial intelligence in e-commerce by small and medium-sized enterprises

The rapid evolution of technology has fundamentally transformed business operations. Therefore, companies are increasingly leveraging technology to enhance their processes and gain a competitive edge. In this context, the adoption of artificial intelligence (AI) in e-commerce has become a crucial area for business development. However, there is currently a lack of understanding regarding the key factors that determine the adoption of AI in e-commerce by small and medium-sized enterprises. Thus, to fill this gap, this study aims to investigate the factors influencing the adoption of AI tools in e-commerce for SMEs. This study will also explore how the adoption of AI by SMEs contributes to the business performance of these organizations. To achieve this, the study proposes an integrated model based on the dynamic capabilities framework, entrepreneurial orientation, and customer-centric systems. Empirical data for the current study were collected using a digital survey, which was disseminated to a purposive sample of SMEs in Saudi Arabia. Analysis of the collected data was performed using structural equation modeling (SEM), and the results support the role of both dynamic capabilities and entrepreneurial orientation in facilitating the adoption of AI in e-commerce. The study confirms of the significant role of AI adoption in enhancing the business performance of SMEs. This study seeks to make several theoretical contributions and implications for practice. This will also provide small and medium-sized companies with valuable insights that help in making decisions and building strategies. However, it is important to acknowledge the limitations of this study, which will be discussed later in the paper.

Budgeting and budgetary control system affecting Pakistan SMEs performance

Budgeting and budgetary control system affecting Pakistan SMEs performance

Decades of research on international performance of SMEs; where are we and what are the priorities for the next decade?

PurposeSmall and medium-sized enterprises (SMEs) are highly concerned about every aspect of their international performance (IP) due to their limited resources. However, the literature has not given equal attention to every necessary aspect and has left some fields unexplored. Moreover, different approaches to assessing SME IP have made the literature even more fragmented. This research aims to identify the gaps in the research context and assessment methods of this concept.Design/methodology/approachA systematic literature review and a thematic analysis method are employed to review 272 journal papers published in high-quality journals.FindingsBy extracting six contexts in which the concept of international performance of SMEs has been analyzed, this study integrates the research themes with geographical domains and highlights which contexts require more attention. Moreover, this study provides a comprehensive review of the current state of this concept’s operationalization methods, illustrating the level of fragmentation and differences in the literature. Following the presentation of an enriched future research agenda, this study guides scholars on the current gaps and needs for research in specific contexts and domains while providing suggestions for a more cohesive assessment of the concept.Originality/valueThis study is the first to systematically review the research concerning the foreign performance of firms with less than 500 employees, extract their research context, illustrate uninvestigated fields and provide helpful suggestions about the concept’s operationalization method based on a comprehensive review of the extant assessment methods.

The Role of Technology and New Equipment in the Sales Performance of SMEs: An Empirical Research in Emerging Country

The Role of Technology and New Equipment in the Sales Performance of SMEs: An Empirical Research in Emerging Country

Sustainability index development by integrating lean green and Six Sigma tools: a case study of the Indian manufacturing industry

PurposeIndia’s manufacturing sector employs about 12% of the labour force and contributes to about 17% of the nation’s GDP. The Indian government intends to implement several initiatives under the “Make in India” and Atma Nirbhar Bharat banners to increase the manufacturing sector’s share of the nation’s GDP to 25% by 2025. Applying lean manufacturing, green manufacturing and Six Sigma is crucial to ensure that India’s manufacturing sectors grow sustainably in international markets. This study aims to identify sustainability indicators and ascertain their respective weights to evaluate the sustainability performance of the Indian manufacturing industry.Design/methodology/approachThis research identifies 25 sustainability indicators and classifies them into the triple bottom line of sustainability based on an evaluative literature review and expert opinion. The Best Worst Method was utilised to determine the weights of the sustainability indicators. The sustainability index was developed to evaluate economic, social and environmental sustainability.FindingsThe sustainability performance of a foundry in a significant Western Indian State city was assessed by applying the developed sustainability index. After the adoption of integrated lean, green and Six Sigma (LG&SS) strategies and related practices in the foundry, there has been a notable improvement of 68.03% in the economic index, 61.62% in the social index and 13.24% in the environmental index.Research limitations/implicationsThe proposed sustainability index is applied and evaluated specifically for assessing the sustainability performance of Indian manufacturing SMEs. It can be used to substantiate firm’s sustainability performance and also to assess the improvement in firm’s performance in economic, environmental and social dimensions after implementing various operational excellence practices. However, it cannot serve as a benchmark tool across similar companies or organisations.Practical implicationsThe developed sustainable index can be used to analyse the company or organisation’s sustainability performance and see how various strategies have improved things. Practitioners can use this index to assess social, economic and environmental performance and focus on areas that need improvement.Social implicationsThe proposed sustainability index serves as a vital tool for monitoring a firm’s progress in triple bottom line (TBL) dimensions of sustainability, tracking a diverse range of indicators and encouraging sustainable organisational practices.Originality/valueThis study attempts to assess the economic, social and environmental performance of Indian Manufacturing SMEs by proposing a sustainability index.

Pengukuran Kinerja Supply Chain Otak-Otak Bandeng Menggunakan Supply Chain Operation Reference (SCOR) dan Analytical Hierarchy Process (AHP)

The supply chain is one of the things that plays a role in business continuity. Not only in large-scale industries, a small and medium SME also needs to pay attention to the supply chain so that the business can develop and be sustainable. Supply chain performance measurement needs to be done to measure and evaluate supply chain performance that is currently ongoing. Supply chain operation reference and Analytical Hierarchy Process are used in creating performance measurement models. There are 29 validated Key peformance Indicators to create hierarchical models which are then normalized snorm de boer and AHP in determining weights with Expert choice 11. The measurement of supply chain performance in milkfish SMEs bu afifah obtained 64 meaning average or average with an indicator range between 50-70. In addition, the attribute that has the greatest influence weight is plan with a value of 0.302, then source with a value of 0.246, make with a value of 0.168, deliver with a value of 0.119, return with a value of 0.084 and enable with a value of 0.080

THE INNOVATION PERFORMANCE OF SMES IN CHINA

In the context of innovation and development of SMEs, improving innovation performance has become the key to the future breakthrough of SMEs. The article describes the definition of innovation performance by Chinese scholars, the existing dimensions of innovation performance, and the factors affecting it. It has been found, however, that there are fewer existing studies on the innovation performance of SMEs. This paper concludes that Chinese SMEs innovation behavior can increase their innovation performance, hence increasing their competitiveness. Breakthrough innovation focuses on revolutionary invention, whereas progressive innovation focuses on improvement. As a result, adequate emphasis should be given to the study of SMEs innovative behavior.

Green Technology Innovation and Its Impact on Financial Performance with the Moderation of Green Image and Green Subsidies in SMEs in Depok City

This study aims to explore the impact of green technology innovation on the financial performance of SMEs in Depok City, Indonesia. With a focus on green process and product innovations, the research also examines the moderating effects of green image and green subsidies. The study employs Structural Equation Modeling (SEM) to analyze data collected from 387 SMEs, offering insights into the complex relationships between these variables. The results reveal that green process innovation significantly influences green product innovation, which in turn, positively impacts financial performance. The mediating role of green product innovation underscores the importance of integrating process and product innovations for financial success. Additionally, the study finds that a strong green image enhances the positive relationship between green product innovation and financial performance, highlighting the importance of environmental branding. However, contrary to expectations, green subsidies do not significantly moderate the relationship between green product innovation and financial performance.

Integrating Green Finance and Environmental Practices to Enhance SMEs' Business and Sustainable Performance

This study explores the integration of green finance and green environmental practices and their impact on the business and sustainable performance of SMEs, specifically among tempeh entrepreneurs in Sanan, Malang. A quantitative research design was adopted to rigorously analyze these relationships. The population comprised 145 tempeh entrepreneurs, from which a representative sample of 106 respondents was selected using Slovin's formula, ensuring a margin of error that balances precision and feasibility. Data collection was conducted through structured questionnaires that captured the extent of green finance implementation, the adoption of green environmental practices, and their perceived impact on business and sustainable performance. The collected data were then analyzed using Partial Least Squares (PLS), a robust statistical technique that allows for the modeling of complex relationships among the variables. The analysis confirmed that both green finance and green environmental practices significantly and positively influence the business performance and sustainability of SMEs. These findings underscore the critical role of environmentally conscious financial and operational strategies in driving sustainable growth within the SME sector. By integrating these practices, tempeh entrepreneurs can not only enhance their business performance but also contribute to broader environmental sustainability.