Performance Of SMEs Research Articles

Evaluation of the Performance of SMEs in the Context of Regional Development

Research background: Regional development of the European territory is becoming a key priority area and thus arouses interest in analyzes of the impact of development not only of business activities on economic competitiveness. Entrepreneurship is an important part of every country's economic system and has important implications for the growth of society. The paper focuses on the possibility of identifying the determinants of regional competitiveness of the manufacturing industry with a focus on defining their impact on SME performance, in the sense of EVA in the programming period 2014-2020. Purpose of the article: The presented paper focuses on the performance of companies in the Czech economy in connection with the reflection of national regional policy documents. Purpose of the article is to evaluate the economic performance of small and medium-sized enterprises in the manufacturing industry in connection with the level of development of the regions in the Czech Republic in which they are located. Methods: The evaluation of the achieved level of regional development is performed at the level of regions and administrative districts of municipalities with extended powers. Through multidimensional regression modelling, the determinants of regional development disparities are identified with a focus on defining their impact on the performance of small and medium-sized enterprises expressed by the economic value added (EVA) indicator. Findings & Value Added: Public sector expenditure on science and research was evaluated as the most important parameter of regional disparities, which explains the economic performance of companies. Based on the achieved results, measures are proposed for the cultivation of the business environment for the next programming period. The contribution is the proposals for the formulation of regional policy with a focus on the segment of small and medium-sized enterprises.

Exploring the Relationship between Entrepreneurial Orientation and Performance of Agribusiness SMEs in Balikpapan

Micro, Small, and Medium Enterprises (MSMEs) are integral to Indonesia's economic development, comprising a vast majority of national business entities and significantly contributing to the GDP. Despite their importance, MSMEs face challenges in a highly competitive landscape, exacerbated by foreign competition. This study focuses on Agribusiness MSMEs in Balikpapan City, aiming to analyze their entrepreneurial orientation and business performance while identifying factors influencing this relationship. Employing a quantitative approach, data was collected through structured questionnaires from registered MSMEs. The analysis, conducted using Partial Least Square Structural Equation Modeling (PLS-SEM), reveals that innovation, proactiveness, and autonomy significantly influence business performance, while competitiveness and risk-taking do not. The findings underscore the pivotal role of innovation in enhancing SME performance, providing insights for policymakers and managers to support SME growth and sustainability. Despite its contributions, the study has limitations, including its focus on a specific sector and reliance on qualitative data. Future research could explore comparative studies across industries, integrate quantitative methods, and investigate the role of government policies in fostering SME innovation. Overall, this research contributes to understanding the relationship between innovation and SME performance, guiding strategies to support SMEs in Balikpapan and beyond.

Influence of Financial Access on Performance of SMEs of Fish Trading along Lake Victoria Region Kenya

Purpose: Examine the effect of access to finance on performance of small and medium enterprise of fish trading along Lake Victoria region Kenya. Methodology/Approach: The study was anchored on positivism philosophy while credit rationing theory was used as a guide to the study. Mixed design was used. Target population of 4,500 respondents with a sample size 173 of traders was selected using the Yamane formula. Questionnaire as data collection instrument. The study data were analyzed using descriptive and inferential statistics which include mean and mode. Descriptive statistics was computed to summarize data before regression analyses. This was presented using tables. Findings: Simple linear regression results showed financial access had a significant effect on performance of SMEs of fish trading along Lake Victoria region (Coefficient of correlation 0.403, p=0.000<.005, t=5.499). The study rejected the null hypothesis. Implications: The study recommends that business owners should seek funding inclusion to enable performance.

Unveiling the Impact of Strategic Sensitivity and Strategic Response on SME Performance Amidst COVID-19: Examining the Mediating Role of Innovation Capacity

Scholars have highlighted the pivotal role that Small and Medium Enterprises (SMEs) play in fostering economic sustainable development across nations. However, the SME sector has been significantly challenged by the repercussions of the COVID-19 pandemic and shifts in the global competitive landscape, resulting in decreased profits. This study explores the mediating role of innovation capacity in the relationship between strategic sensitivity, strategic response, and the performance of SMEs. Data were collected using a structured questionnaire from 405 participants and analyzed using Path Analysis - Structured Equation Modeling (PA-SEM). The findings confirm that strategic sensitivity significantly and positively affects SME performance and innovation capacity. Similarly, strategic response shows a positive and significant correlation with SME performance. Among the studied variables, innovation capacity has the most robust positive impact on SME performance. The research also indicates that innovation capacity serves as a partial mediator in the relationships between strategic sensitivity and SME performance, as well as between strategic response and SME performance. This implies that the beneficial effects of strategic sensitivity and strategic response on SME performance are partly due to their impact on innovation capacity. The study recommends that SMEs invest in research and development, foster creativity, and adopt new technologies as crucial strategies for achieving long-term success.

Critical factors of green supply chain management on SMEs business performance Indonesia

The COVID-19 pandemic has altered lifestyle and sparked a greater interest in GSCM. This study logically contributes to the branch of knowledge by demonstrating how resource-based attributes and integration can improve SME business performance while concurrently facilitating the successful transition from traditional to green supply chains. This study focused on batik SMEs that make their products using natural resources. The goal is to analyze SME performance models that affect GSCM, owner commitment, and supply chain connectivity. The data analyzed were gathered from a total of 163 experienced SME managers in the Special Region of Yogyakarta, Indonesia. PLS-SEM is the data analysis method used. The results validate that SME business performance is positively impacted by OC, SCC, and GSCM. The function of OC and SCC in SME business performance can also be mediated by GSCM.

The Effect of AI Adoption and Green Leadership on Organizational Environmental Performance in SMEs

The Effect of AI Adoption and Green Leadership on Organizational Environmental Performance in SMEs

Examining the Impacts of Social Media to Non-Financial Performance of SMEs In Malaysia

Examining the Impacts of Social Media to Non-Financial Performance of SMEs In Malaysia

Synergy of Digital Literacy and E-Commerce in Boosting SME Performance

Synergy of Digital Literacy and E-Commerce in Boosting SME Performance

Key Factors Affecting Egyptian SMEs Performance with the Mediating Role of E-Commerce Adoption

Key Factors Affecting Egyptian SMEs Performance with the Mediating Role of E-Commerce Adoption

The Impact of Stagflation on Small and Medium –Sized Enterprise Performance in Champasak Province, LAO PDR

This study investigates the impact of stagflation on SME performance in Champasack Province, Lao PDR. Utilizing data from 450 SME’s owners, acquired via structured questionnaires, the research employed the structural equation modeling technique for data analysis. The result showed that stagflation have positive impact and significant on marketing management capability, Consumers, and SME performance. According to Marketig management capability has a positive impact and significant on Consumers, but its negative impact and significant on SME performances, and Consumers has a positive impact and significant on SME performances. The insights derived from this research provide essential directives for SME managers striving to business survival in economic uncertenty. Therefore, Medium-sized and small-sized enterprises in ten districts of Champasack Province, Lao PDR, need to effectively develop their marketing management capability to stimulate consumer spending during periods of stagflation. This will lead to a continuous improvement in SME performance and high business survival during the period of stagflation.

The Impacts of Strategic Orientation and Knowledge Management on Firms’ Performance of SMEs in Surabaya

The Impacts of Strategic Orientation and Knowledge Management on Firms’ Performance of SMEs in Surabaya

Beyond digital transformation: a multi-mixed methods study on big data analytics capabilities and innovation in enhancing organizational performance

AbstractDigital transformation (DT) and Big Data Analytics Capabilities (BDAC) enable SMEs to adapt to rapidly changing markets, innovate, and maintain relevance in the digital age. This research explores the impact of DT on SME performance through the lens of BDAC and innovation, from a multi-methods approach and applying the dynamic capabilities view. It asserts that simply investing in DT doesn't ensure enhanced performance. Analyzing 183 Spanish SMEs from various sectors, the study highlights the need for creating specific conditions that enable DT to positively impact performance. The integration of PLS-SEM and fsQCA methodologies provides a comprehensive analysis of BDAC as pivotal in optimizing SME performance through DT, emphasizing the necessity of strategic alignment with innovation. This nuanced approach, combining the predictive power of PLS-SEM and the configurational insights of fsQCA, demonstrates that investment in DT alone is insufficient without fostering conditions conducive to innovation. Our empirical insights offer actionable guidance for managers utilizing BDA or contemplating technological investments to elevate firm performance which go in the direction of increasing their innovation capabilities. Additionally, these findings equip policymakers with a nuanced understanding, enabling the design of tailored measures promoting DT in SMEs anchored in the nuances of BDAC and innovation capabilities.

The Impact of Market Intelligence on Business Performance in SMEs: Examining the Mediating Effect of Innovativeness

The Impact of Market Intelligence on Business Performance in SMEs: Examining the Mediating Effect of Innovativeness

Pengabdian Masyarakat Dalam Meningkatkan Kinerja Keuangan Pada Warung Sayur Cabe Balap Di Desa Cicau Cikarang Pusat Jawa Barat

This study discusses the importance of financial record-keeping in improving the financial performance of SMEs, focusing on Warung Sayur Cabe Balap. It was found that a lack of understanding of financial record-keeping can hinder business growth. Through community service activities, socialization, training, and financial reporting were conducted for the business owner. The aim of these activities is to train the SME in structured financial record-keeping and to differentiate between cash inflows and outflows. The research employed a direct observation method, where the researcher provided face-to-face training over four weeks on the importance of financial record-keeping to the SME. The training included the introduction of financial statements, relevant accounts, and examples of transaction recording to familiarize the business owner. The ultimate goal is for the owner to understand and perform financial record-keeping accurately and efficiently. The results indicate that financial management assistance can help SMEs create income statements, manage cash flows, plan finances, and develop financial strategies. The use of financial management applications can enable SMEs to grow optimally. In conclusion, with this assistance, business owners can easily create income statements, manage cash flows, plan finances, and develop the necessary financial strategies to enhance their business. Additionally, business owners can use financial management applications to automatically and regularly record financial transactions using Microsoft Excel and the Buku Kas application, allowing the business to grow effectively and optimally.

Examining the Role of AIS Effectiveness, IT Use, and Management Participation on Employee Performance in SMEs

Examining the Role of AIS Effectiveness, IT Use, and Management Participation on Employee Performance in SMEs

How green transformational leadership drives environmental performance and firm performance? Empirical evidence from an emerging economy

AbstractThis study attempted to inspect the influence of green transformational leadership (GTL) on the development of business performance (FP) and environmental performance (EP) in SMEs of Vietnam with a mediating of green innovation (GI). Besides, the current study evaluated the positive impact of GTL on green human resource management (GHRM) and green thinking (GT), and ultimately on GI. The study investigated the hypotheses supplied by 416 survey samples from managers and directors at SMEs using structural equation modeling. Our findings reveal that GTL significantly influences the three green criterias, GHRM, GT, and GI. It investigates the impact of green factors in the context of Vietnamese SMEs. Specifically, the uniqueness of this study lies in examining the mediating role of GI with respect to the link between GTL and EP, FP, to compare how the indirect effects of GTL on EP and FP differ under the same conditions. Besides, the finding highlights that businesses will benefit from continual GI regarding the environment, earnings, and corporate image. Thus, the implications arising from this study and related documents contribute to helping managers understand the needs and benefits of green factors, thereby prioritizing the transmission of green goals to employees via vision and mission, thereby creating a new cultural dimension that contributes to the natural environment's sustainability. Furthermore, managers are urged to recruit, inspire, and provide opportunities for green human resources to use their potential for enhancing green products and processes to build the business and contribute to the environment.

Strategies and Innovations for Enhancing Sustainable Performance in SMEs During The 4.0 Digital Business Era

Strategies and Innovations for Enhancing Sustainable Performance in SMEs During The 4.0 Digital Business Era

The Effect of Green Intellectual Capital and Financial Literacy on Sustainable Financial Performance of Tofu Factory SMEs in Karawang Regency

Sustainable financial performance is one of the main objectives of SMEs, but achieving optimal sustainable financial performance needs to be supported by the ability of resources owned by SMEs, both from the level of green intellectual capital and financial literacy. Hence, this research aims to determine the effect of green intellectual capital and financial literacy on sustainable financial performance. This research uses a quantitative descriptive method. Data is collected in the form of primary data through the distribution of questionnaires. The study population consisted of all Tofu Factory SMEs in Karawang Regency, as many as 105 SMEs, using a Purposive Sampling Strategy Criteria; thus, the final sample used was 90 respondents. Data processing techniques were carried out using PLS with SmartPLS 3.0 software through three data testing stages: the outer model, the inner model, and the hypothesis. The results found a positive and significant influence of green intellectual capital on the sustainable financial performance of Tofu Factory SMEs. Sustainable financial performance is also positively and significantly influenced by the financial literacy of Tofu Factory SMEs. Suggestions for further researchers are expected to add variables of green product innovation, creativity capital, and green financing, because those who examine these variables are still very limited; thus, they can create a more accurate model based on the actual conditions in SMEs.

Advancing SME performance: a novel application of the technological-organizational-environment framework in social media marketing adoption

Advancing SME performance: a novel application of the technological-organizational-environment framework in social media marketing adoption

Show me your networks and i’ll tell you your future: entrepreneurial networks and SME performance

Show me your networks and i’ll tell you your future: entrepreneurial networks and SME performance