Small Medium Business Research Articles

Impact Study of Cloud Computing on Business Development

The entire world focuses on the consumer marketing allegations of the hastily evolving convergence of dynamically scalable multi-client computational power, use of storage services and databases made obtainable through a network or the Internet. On the whole development is also known as “Cloud Computing. Public services linked with Cloud Computing grew from $9 billion to $40 billion over the last five years. This convergence is aggravated by the increased usage of e-Commerce, social media and smart phones and mobile commerce. This empirical impact study emphasizes the consequences of adopting Cloud Technology in business organizations (micro, Small Medium Businesses (SMBs) and Small Medium Enterprises (SMEs)) and how it affects business development, from various research literature.

중소기업 특성에 따른 외부 협업 활동이 혁신성과에 미치는 영향

Recently, SME's Collaboration activities have become one of a vital factor for sustaining competitive edge. This is because of the rapidly changing and competitive market environment, and also to leverage performance by overcoming obstacles of having limited internal resources. Discussing about the effects and relationships of the firm's collaboration activities and its outputs are not new. However, as ICT and various technologies have been diffused into the traditional industries, boundaries and practice capabilities within the industries are becoming ambiguous. Thus contents of the products/services and their development methods are also go and come over the industries. Although many researchers suggested the relations of SME's collaboration activities and innovation performances, most of the previous literatures are focusing on broad perspectives of firm's environmental factors rather than considering various SME's idiosyncrasy factors such as their major product and customer types at once. Therefore, the purpose of this paper is to analyze how SME(Small Medium Enterprise)'s external collaboration activities by their idiosyncrasy act as an input to types of innovation performance. In order to analyze collaboration effects in detail, we defined factors that can represent the SME's business environment Perceived importance of using external resources, Perceived importance of external partnership, Collaboration and Collaboration levels of Major Product types, Customer types and lastly the Firm Sizes. We have also specifically divided the performance of innovation types as product innovation and process innovation based on existing research. In this study, the empirical analysis is based on Probit Regression Model to observe the correlations with the impact of each SME's business environment and their activities. For the empirical data, 497 samples were collected which, this sample data was extracted from the 'Korean Open Innovation Survey' performed by ETRI(Korean Electronics Telecommunications Research Institute) in 2010. As a result, empirical test results indicated that the impact of collaboration varies depend on the innovation types (Product and Process Innovation). The Impact of the collaboration level for the product innovation tend to be more effective when SMEs are developing for a final product, targeting on for individual customers (B2C). 1 Management of Technology, Graduate School of Yonsei University, Seoul, 120-749, Korea. 2 Communications Policy Research Center, Yonsei University, Seoul, 120-749, Korea 3 CTCC-Commercialization Support Team, ETRI(SME Support Team), Daejun, 305-700, Korea. 4 Graduate School of Information, Yonsei University, Seoul, 120-749, Korea. * Corresponding author (bglee@yonsei.ac.kr) [Received 31 July 2013, Reviewed 9 August 2013, Accepted 8 October 2013] ☆ 본 논문은 2013년도 인터넷정보학회 춘계학술발표의 우수논 문 추천에 따라 확장 및 수정된 논문임. ISSN 1598-0170 (Print) ISSN 2287-1136 (Online) http://www.jksii.or.kr http://dx.doi.org/10.7472/jksii.2013.14.6.95 중소기업 특성에 따른 외부 협업 활동이 혁신성과에 미치는 영향 96 2013. 12 But on the other hand, the analysis result of the Process innovation tend to be higher than the product innovation, when SMEs are developing raw materials for their partners or to other firms targeting on for manufacturing industries(B2B). Also perceived importance of using external resources has effected to both product and process innovation performance. But Perceived importance of external partnership was statistically insignificant. Interesting finding was that the service product has negative effects on for the process innovation performance. And Relationship between size of the firms and their external collaboration activities with their performance of the innovations indicated that the bigger firms(over 100 of employees) tend to have better for both product and process innovations. Finally, implications of the results can be suggested as performance of innovation can be varied depends on firm's unique business idiosyncrasy as well as levels of external collaboration activities. The Implication of this research can be considered for firms in selecting an appropriate strategy as well as for policy makers. ☞ keyword : SME's Innovation Performance, Collaboration, Product Innovation, Process Innovation, Probit Regression Model

Análise do Processo de Internacionalização de uma Empresa Venezuelana

This paper aimed to analyze, under the perspectives of economic and organizational behavior theories, the case of the internationalization of Agrogilca, a Venezuelan company classified as an small and medium business, which operates in the mining segment, agricultural materials and building materials. This is an instrumental case study, which had as sources of evidence the examination of documents provided directly by company’s directors and interviews with its owner and employees. For the data analysis and interpretation, it was took the procedure of adaptation to the theory, since the data obtained empirically were contrasted to elements of already consolidated theories about internationalization of companies. It is concluded that the strategy adopted by Agrogilca company is very close to Theory of Market Power proposed by Hymer, in which companies tend to intensify its position abroad and expand their operations. Its internationalization process did not occur according to the Uppsala model, in which the gradualism of relationship matches the gradualism of internationalization processes, but only with exportations that make companies intensify its position abroad, and finally, shows proximity to the internationalization strategy of Multidomestic Theory of Hoskisson. This is because this theory considers as an internationalization cause the sectoral conditions, political structures and customer needs for a greater administrative performance and competitiveness of the company.

Domestic co-branded operating status and activation strategies

Weak competitive Small Business are getting attention for their ability to enhance the brand power and marketing co-brand. Under these circumstances, in this study examined the operational status of the domestic co-branded. Also enable co-branding strategy was proposed. First, learn the various aspects of the concept of co-branding, and looked at the advantages and disadvantages of co-branding. Second, the type of co-branded partner combined, joint venture between companies Union type, a leading company driven and private companies and state agencies co-branded. Looked at the type of advantages and disadvantages of each. Thirdly, we presented the current status of the important co-branded domestic. Fourth, we examined the status of the Small and Medium Business Administration supports a co-branded Examined in detail by year look at the status of support for this type of co-branded Industry Distribution and co-branded interrupted. Finally, the short-term aspects and long-term perspective on the domestic co-brand activation strategy based on these materials are presented. The results of this study is expected to be the foundation of domestic co-branded business in the future to explore the ways to improve the system of government support will help to raise.

The Effects of the Export Insurance on the Exports of Big and Small-Medium Businesses

The Effects of the Export Insurance on the Exports of Big and Small-Medium Businesses

Women Entrepreneur in Small Medium Enterprises (SMEs) and their Contribution on Sustainable Economic Development in Sindh

The article analyses the impact of women entrepreneur in small and Medium Enterprises on sustainable Economic development in Sindh. The rapid absorption of women into the labor market has been influenced by several factors. The rapid economic growth was due largely to important growth in the SMEs business, where substantial and proportionally larger increase of female workers has been registered. Among all sectors of the economy, the SMEs has recorded the highest growth rate during the last decade. The increase in the female labor force participation in SMES business may also be attributable to improving economic incentives in employment and policies favoring the employment of women. In addition, the combined effects of increased years of schooling, access to family planning services, improved maternal and child care, leading to arise in the average age at marriage, have allowed women to take advantage of the increased employment opportunities. Survey was conducted from 500 women in SMEs business in rural Sindh by using simple random technique from four districts, Shikarpur, Jacobabad, Kandhkot/Kashmore and Larkana Districts. Structural Questionnaire was the basic tool to find out the major challenges of rural women as an entrepreneur business. It was revealed that there is great potential of rural women is doing the various entrepreneur business like in Kandhkot, Jacobabad, Rali, Ajrak and Sindhi caps they are very much unique and they were generating income from there families. It was further revealed that the rural women is less confident and their husbands were always given them hard time once they are exposing them selves to out side the boundaries of the house. The biggest challenges which they were facing they were doing all business in house, lack of marketing facilities, Karo Kari criminal activities and they were deprived from the basic rights. This study contributes and explores the Rural Women challenges in SMEs business and how these critical unethical problems we can overcome like KARO KARI, and other various social issues.

SMEs and entrepreneurs investments profitability effects within the transition period in the Republic of Serbia

Small and medium business sector is becoming the main focus of economy development strategy in the Republic of Serbia. Since the transition period lasts for almost two decades, it is of high importance for the society to plan deeply investment capacities. While SMEs and entrepreneurship development process is happening, some industry branches become prioritization for the potential investors. The paper analyses de facto situation the country is facing in the last three years of the transition process, considering both industry branches and expected effects of built capacities. The authors collected a sample of 68 projects and found interesting results which have been presented in this paper. Key words: Investments, profitability effects, industry branches, SMEs, entrepreneurs.

Ecademy - Exclusive Business Networking for the Digital Age

Ecademy is a membership organisation for entrepreneurs and business owners who belong to a community that connects, supports and transacts with one another. Ecademy has trail-blazed and pioneered the need for businesses to engage online in a trusted, safe environment and embrace the new digital age. Providing a platform for businesses to learn, network and develop and a peer to peer knowledge exchange through blogging and boardroom events. Ecademy is recognised as the premier online network for businesses to keep up to date with their networking and social media skills as both now go hand in hand. To ensure quality connections and results, Ecademy have developed the tools, resources and events since 1998, to ensure a small to medium business can quickly and effectively find the right kind of people it needs to grow. Ecademy allows you to attract professional people you would like to meet 24 hours a day from your office or home.

A Simulation Model for Decision Support in Small Medium Enterprises (SMEs) for ERP Systems Implementation

Small medium enterprises face considerable challenges in implementing enterprise resource planning (ERP) systems however due to their benefits ERP systems are becoming an essential and integral part of SMEs business strategy. This study investigates the implementation of enterprise resource planning (ERP) systems in small medium enterprises (SMEs) and the role played by certain critical success factors (CSFs) in its successful implementation. Based on extensive literature review and list of critical success factors is established. A questionnaire survey in carried out to assess the role played and weight each CSF carries towards the implementation. The primary data collected is analysed and based on result of the analysis a simulation model is proposed. This simulation model can assist in running implementation scenarios under different constraints and variables. By drawing upon this model, we can re-late to how SME can better utilise and prioritise different CSFs and resources by choosing the best implementation strategy before real life implementation.

Research on Existing Financial Predicament Problems of China's Small-Medium Business Enterprises and Its Countermeasures

Currently, SMEs' financing difficulties have become a major problem threatening the Chinese economy, especially for the Small-Medium business enterprises (SMBEs).This article laid out current situation of SMBEs' Financial Predicament and analysis the factors influencing the SMBEs' financial Predicament. At the end of this article, the authors summarized the countermeasures to the SMBEs' financial Predicament according the actual situation of China.

PENTINGNYA PENDIDIKAN PERBANKAN UNTUK MENGATASI KELANGKAAN MODAL DALAM UMKM

According to the Ministry of Trade and Industry of the Republic of Indonesia (Deperindag), there are problems faced by Small Medium Enterprise(s) (SMEs) to develop themselves. Some of these problems are the insufficiency capital, limited knowledge, uncompetitive financing schemes and lack of education of the SME's owners aggravating the problem. This paper discusses the condition of Indonesian banking and other financial institutions as well as capital conditions, the condition of SME(s,) and the needs of financial and business education for SMEs. Finally, this paper suggests alternative solutions to the problem. Keywords: Small Medium Enterprises (SME)s, SMEs development, SMEs Business Education, Indonesian Banks and LDR, private sector development.

Governance di Lingkungan Usaha Kecil Menengah Studi Empiris Pada Usaha Kecil Menengah di Propinsi DIY

This study examines the implementation of good governance in Small Medium Sized Enterprises (SMEs). The specific purposes of this study are to analyzing: (1) the implementation of governance’s perspective: structure, mechanism, legal framework, regulations and business environment, (2) the perception of stakeholders (financial institutions) to the implementation of corporate governance in SMEs, (3) the differences of governance’s implementation in small business and medium business, (4) the differences of SMEs performance and (5) the relationship between corporate governance and firm performance. A sample of 60 SMEs and 10 financial institutions as stakeholders was used in this study. The tools that used in this study are: statistic descriptive, quartile, significant mean differences between two groups, regression and correlations. From this study can be concluded that the implementation of good corporate governance in SMEs are poor (score 0.3798 less than 0.50). Only 15% SMEs implementing corporate governance in good level and 85% in poor level. From statistic descriptive can be shown that the implementation of governance structure which consists of organizational structure and internal business process is weak to support the good corporate governance in SMEs. The governance mechanism which consists of corporate strategy, corporate policy and standard operating procedure can support the implementation of good corporate governance in SMEs. External forces including government regulation, business environment and legal framework is weak to support the implementation of good corporate governance in SMEs. From the comparison can be shown that there is no difference between the implementation of corporate governance in Small and Medium business. The business performance between Small and Medium business is different and there is a positive correlation between corporate governance and firm performance. Keywords: Small Medium Sized Enterprises, Good Corporate Governance, governance structure, governance mechanism, external forces

KREDIT DI SEKTOR USAHA MIKRO, KECIL, DAN MENENGAH (UMKM) MENJADI ALTERNATIF DITENGAH KRISIS KEUANGAN GLOBAL

Collapse of companys share being based on housing credit at year-end 2008, making business perpetrator perforced moving and look for more other invesment type make a promise. Big scale banks have non-stoped to set eye on credit compartment in small medium micro business sector. This sector is potential value and more put up with crisis so that channeling of credit small medium bisness can become alternative in the middle of tardy the corporation sector. Credit to small medium business sector will become cake which is fought by a lot of bank because its market is which still very wide. That matter, various bank will be non-stoped to improve penetration of channeling of credit till year-end 2009, inclusive of channeling of through credit program of small effort people credit

Entrepreneurship, small and medium size business markets and European economic integration

This paper focuses on the distinguishing features and issues of European secondary stock markets (or parallel stock markets), trying to signify their role as alternative sources of financing entrepreneurship, given the importance of small–medium enterprises (SMEs) to the integrated European economy and the existed financing gap. Access to finance is indispensable for growth but many SMEs have difficulties, as the risk capital market is underdeveloped and banks increasingly avoid risky lending. Cointegration tests are applied to investigate the relationship between the small–medium business (SMBs) markets (United Kingdom, France, Germany, Italy and Greece) into a European integrated economic and financial environment. The findings of the research show absence of integration among the SMBs markets, signaling their diversified role in financing SMEs. This enhances us to propose some interesting policy actions into the adoption of a common legal and trading framework in order to upgrade their common role as alternative sources of financing European entrepreneurship.

HUKUM MEREK DAN USAHA KECIL MENENGAH (UKM): UPAYA MEWUJUDKAN DAYA KOMPETITIF

In Indonesia, small medium businesses will have to be competitive to face the business environment today. At this point, small medium business will have to develop a competitive and smart strategy. One of the strategies that can be developed is building a brand name. This strategy will need law enforcement support from the authority. Good law enforcement can protect small businesses from piracy. In the long run, small medium businesses can build a strong brand so they can have good competition. The author will start by explaining about small medium business and the brand building strategy, then continued by exploring Indonesian brand name law. The author also give some example and the conclusion.

Location decisions of manufacturing FDI in China: implications of China’s WTO accession

This study aims at investigating empirically the spatial location development of foreign direct investment (FDI) in Guangdong in the context of a core-periphery system (CPS) using firm (micro)-level data. Attempts would be made to explain (1) the significance of agglomeration effects arising from CPS, especially that of the small/medium businesses (SMEs); (2) to exploit agglomeration economies, firms location decisions would follow a relationship described by the gravity model in choosing their plant locations. With given distance from the core, firms would prefer sites with higher firm agglomeration; (3) the degree of completeness of regional division of labor (plant relocation) being affected by institutional factors in the form of trade constraints (quota). In this connection, China’s WTO accession is expected to significantly affect FDI firm location decisions, in particular those previously subject to trade constraints; and (4) geographical hardship of FDI locations transmitted in the form of transaction costs is significant to firm location choice. The hypotheses were tested by utilizing a 1998-database consisting of a population of 30,195 manufacturing joint ventures in Guangdong in which 8985 firms investing in electronics, garments, and textiles were chosen. Special reference will be given to the experience of outward relocation of Hong Kong manufacturing enterprises in the Hong Kong (core)–Pearl River Delta (periphery) region. Conclusion derived from the study and respective policy implications with regard to further facilitation of FDI into the region will be discussed. The implications of China’s WTO accession on FDI flows on location choice were elaborated.