scholarly journals Enhancing innovation performance of small and medium enterprises in Malaysia

2021 ◽  
pp. 887-894
Author(s):  
Yee Yen Yuen ◽  
Xiang Ping Ng
Keyword(s):  
Structural Equation ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Innovation Performance ◽  
Policy Makers ◽  
Global Competitiveness ◽  
Theoretical Contribution ◽  
Medium Enterprise ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Small medium enterprises (SMEs) hold 98.5% of businesses and serve as economy backbone in Malaysia. However, the global competitiveness of Malaysia in innovation has been declined recently. The declining innovation index has been reflected a low level of innovation in SMEs. This study serves as one of the pioneer studies conducted to foster the achievement of Malaysia Master Plan (2012-2020), focusing on a fresh approach to bring SMEs to the next level through innovation. The study aims to examine which innovation factors affect innovation performance, as there are relatively little empirical evidences in previous researches and very little innovative activities in SMEs Malaysia. This study uses quantitative research methodology, 300 sample sets have been collected from Malaysia SMEs and the data was analyzed by using Structural Equation Modelling (SEM). All proposed factors in this study (absorptive capacity, internal R&D collaboration and knowledge sharing) are significantly affect innovation performance, except technology transfer. The findings of this study provide theoretical contribution and practical contribution for small medium enterprise, stakeholder, academic institution, policy makers as well as a reference for government to help SME achieve higher innovation.

scholarly journals Perception towards Regulatory Burden on Small and Medium Enterprises Performance: A Case Study in Shashemene Town, West Arsi Zone, Ethiopia

2020 ◽  
Vol 10 (1) ◽  
pp. 294
Author(s):  
Ofgaha Alemu Dire ◽  
Wegene Bekele Bekelcha
Keyword(s):  
Small And Medium Enterprises ◽  
Business Owners ◽  
Research Approach ◽  
Policy Makers ◽  
Regulatory Burden ◽  
Small And Medium Enterprise ◽  
Arsi Zone ◽  
Medium Enterprise ◽  
Broad Objective ◽  
Medium Enterprises

The study focuses on “perception towards regulatory burden on small and medium enterprise performance” in Shashemene town, west Arsi zone, Oromia regional state, Ethiopia. The study adopted a qualitative research approach to address broad objective through answering research questions developed by a researchers. Specifically, this study used questionnaire to collect data from SMEs business owners, managers and employees and in-depth interview conducted. Data was analyzed by using descriptive statistics. The information obtained from a samples of the 140 small and medium enterprise and through face-to-face interview of 10 owners of SMEs business. The respondents were selected using stratified sampling techniques. The result of the study show that small and medium enterprise challenges from different factors as they perceived from the challenges of regulatory burden and identifies mechanisms used to mitigate problems from regulatory burden and how much the regulators have smooth contact with them and to what extent regulators made inspections. Moreover, the result indicated the perception of SMEs businesses towards regulatory burden. As a whole, the study suggests a series of measures should be taken by government policy, makers and regulators for SMEs performance. Researchers’ conclude and recommend that government bodies, Small and medium enterprise business owners, managers, employees and policy makers should focus on regulation to reduce regulatory burden on small and medium enterprises.

scholarly journals Innovation and Firm Performance: The Moderating and Mediating Roles of Firm Size and Small and Medium Enterprise Finance

2020 ◽  
Vol 13 (5) ◽  
pp. 97 ◽  
Author(s):  
Ploypailin Kijkasiwat ◽  
Pongsutti Phuensane
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Partial Least Square ◽  
Least Square ◽  
Financial Capital ◽  
Medium Enterprise ◽  
Medium Enterprises ◽  
The Impact

This study examines the moderating effect of firm size on the relationship between innovation and firm performance of small and medium enterprises in 29 countries in Eastern European and Central Asia. The study also investigates whether the impact of innovation in products and processes on firm performance is affected by financial capital. The method applied is partial least square structural equation modelling. The findings indicate that firm size and the financial capital both moderate and mediate the impact of innovation on firm performance, positively or negatively. The findings have implications for decision makers by highlighting the significance of firm size and financial sources when planning to introduce innovations to enhance firm performance.

scholarly journals The adoption of social media by small and medium enterprise: a systematic literature review

2021 ◽  
Vol 24 (2) ◽  
pp. 1220
Author(s):  
Ahmed Abdullah Alhamami ◽  
Noor Azuan Hashim ◽  
Roshayati Abdul Hamid ◽  
Siti Ngayesah Ab. Hamid
Keyword(s):  
Social Media ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Structural Equation ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Combination Of Theories ◽  
Medium Enterprise ◽  
Fierce Competition ◽  
Medium Enterprises

Social media (SM) has become a necessity and a method to confront challenges and fierce competition. More than half of the population are using SM. However, its implication for small and medium enterprises (SMEs) is not well documented and researched. Therefore, the purpose of this study is to review the literature pertaining to the adoption of SM by SMEs. A systematic literature review was conducted using specific keywords and database. This has resulted in reviewing 28 related articles. The findings was presented using frequency analysis. Number of articles are increasing steadily especially in emerging markets with large number of studies deploying the exploratory nature. The most widely used theory is the technological-organizational-environmental framework (TOE) and the sample size of the reviewed studies is adequate. Increasingly the structural equation modelling are being used. However, the use of intervening variable is minimal. The finding also showed that organizational and environmental context variables are the most important predictors of SM adoption by SMEs while the consequence of this adoption on business performance is mixed. There is a need for more studies to discover the consequence of adopting SM by SMEs using a combination of theories.

scholarly journals Implementasi Peran Program Kemitraan Bumn dengan UMKM Oleh PT Jasa Marga (Persero)

2018 ◽  
Vol 6 (4) ◽  
pp. 445-450
Author(s):  
Andi Setiawan
Keyword(s):  
Qualitative Research ◽  
Community Development ◽  
Quantitative Research ◽  
Development Program ◽  
Primary Data ◽  
Medium Enterprise ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Partnership Program

Penelitian ini adalah penggabungan antara penelitian kualitatif dan penelitian kuantitatif. Lokasi penelitian di lakukan di Kota Semarang. Data yang digunakan dalam penelitian ini meliputi data primer dari hasil angket kepada Pengusaha Mikro Kecil dan Menengah dan wawancara langsung dengan petugas PT Jasa Marga (Persero), Tbk bagian PKBL (Program Kemitraan dan Bina Lingkungan). Hasil penelitian yang telah dilakukan membuktikan bahwa mekanisme program Penyaluran Kredit yang diberikan PT Jasa Marga (Persero), Tbk kepada Usaha Mikro Kecil Menengah dilaksanakan secara utuh sesuai dengan peraturan yang berlaku. Program Penyaluran Kredit telah dilaksanakan dengan berpedoman pada SK Direksi No.230/KPTS/2007, sasaran dari Program Kemitraan ini adalah Usaha Mikro Kecil Menengah (UMKM), efektivitas penyaluran kredit modal bergulir kurang efektif kepada Usaha Mikro Kecil Menengah untuk penjualan bersih rata – rata setiap bulan karena hanya mengalami kenaikan sebesar 64,75%. Berdasarkan hasil penelitian dapat disimpulkan bahwa implementasi peran program kemitraan yang dilaksanakan oleh PT Jasa Marga (Persero), Tbk cabang Semarang kepada UMKM sebagian besar kurang efektif dalam meningkatkan kinerja UMKM. This research is a merging of qualitative research and quantitative research. The research location is done in Semarang City. The data used in this study include the primary data from the questionnaire results to Micro Small and Medium Entrepreneurs and direct interviews with officials of PT Jasa Marga (Persero), Tbk part PKBL (Partnership and Community Development Program). The results of the research have proved that the mechanism of Credit Disbursement program given by PT Jasa Marga (Persero) Tbk to Micro Small Medium Enterprises is fully implemented in accordance with the prevailing regulations. Credit Disbursement Program has been implemented based on SK Direction No.230 / KPTS / 2007, the target of this Partnership Program is Micro Small Medium Enterprise (UMKM), the effectiveness of disbursing revolving capital credit is less effective for Micro Small Medium Enterprises for average net sales every month as it only experienced an increase of 64.75%. Based on the results of research can be concluded that the implementation of the role of partnership program implemented by PT Jasa Marga (Persero), Tbk Semarang branch to MSMEs most of the less effective to improve the performance of MSMEs

scholarly journals THE TENDENCY OF USING MICRO TAKAFUL AMONG MICRO, SMALL AND MEDIUM ENTREPRENEURS AT PELEPAT ILIR, JAMBI, INDONESIA

2019 ◽  
Vol 5 (1) ◽  
Author(s):  
Lina Ade Chusmita ◽  
Azila Abdul Razak ◽  
Fidlizan Muhammad
Keyword(s):  
Financial Institutions ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Behavioral Control ◽  
Subjective Norm ◽  
Financial Inclusion ◽  
Equation Modeling ◽  
Policy Makers ◽  
Proposed Model ◽  
Medium Enterprises

Micro takaful is one of the takaful product development strategies in developing the 'marginalized' economy of financial institutions. The objective of this study is to provide empirical evidence on financial inclusion as a factor of behavioral control in the Theory of Perceived Behavior (TPB) to analyze its influence with the tendency of micro, small and medium enterprises (MSME) entrepreneurs to the use of micro takaful. Data distributed via questionnaires to 372 respondents were analyzed using descriptive and structural equation modeling. The results of the study showed that there was a positive and significant effect between attitude and financial inclusion on the tendency of using micro takaful. On the contrary, subjective norm factors have no significant effect on the proposed model. The implications of the study indicate that financial inclusion is one of the most important policies to achieve sustainable development. In addition, takaful institutions and policy makers need to expand the supply of microfinance products, especially micro takaful scheme to MSME in Indonesia to ensure the protection and security of their businesses.

The effects of organisational commitment and employee perceptions of equity on organisational citizenship behaviour in Zimbabwean SMEs

2019 ◽  
Vol 40 (2) ◽  
pp. 77-98
Author(s):  
Elizabeth Chinomona ◽  
Manilall Dhurup
Keyword(s):  
Regression Analysis ◽  
Multiple Regression Analysis ◽  
Multiple Regression ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Employee Perceptions ◽  
Organisational Commitment ◽  
Cross Sectional ◽  
Medium Enterprise ◽  
Medium Enterprises

Organisational commitment and organisational citizenship behaviour have been extensively researched from the perspective of antecedents and outcomes. Literature shows that employee perceptions of equity relationships in organsations have been less extensively chronicled in research, especially in respect of organisational commitment and organisational citizenship behaviour, within a Zimbabwean context. The objective of the study was to explore the relationship between organisational commitment, employee perceptions of equity and organisational citizenship behaviours among employees of small and medium enterprises in Zimbabwe. The research design is located within a quantitative research paradigm, undertaken through a cross-sectional, non-probabilty covenience sample (n=464). Descriptive statistics, correlations and hierarchical multiple regression analysis were used to evaluate the data. The results showed that perceptions of equity, organisational commitment and organisational citizenship behaviour are low among employees in the Zimbabwean small and medium enterprise sector. The correlation analysis exhibits strong positive linear relationship between the constructs. Further, the results of the multiple regression analysis show that employee perceptions of equity and organisational commitment are strong predictors of organisational citizenship behaviour. The findings of the study will benefit owners/managers of SMEs and government entities in improving their understanding of the issues of equity and organisational commitment effects on organisational citizenship behaviour within the Zimbabwean context.

scholarly journals Financial Inclusion And The Growth Of Small Medium Enterprises In Uganda: Empirical Evidence From Selected Districts In Lango Sub Region

2020 ◽  
Author(s):  
Marus - Eton ◽  
Fabian Mwosi ◽  
Constant Okello-Obura ◽  
Abanis Turyehebwa ◽  
Gilbert Uwonda
Keyword(s):  
Financial Services ◽  
Service Providers ◽  
Small And Medium Enterprises ◽  
International Markets ◽  
Financial Inclusion ◽  
Cross Sectional ◽  
Policy Makers ◽  
Correlation And Regression Analysis ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Abstract The growth and failure of small and medium enterprises has been a topic of discussions world over amongst policy makers and researchers. This study was guided by the following objectives: To examine the contributions of Small Medium Enterprises (SMEs), to determine the challenges affecting Small Medium Enterprises, to examine how financial inclusiveness supports the growth of Small medium enterprises and to establish the relationship between financial inclusion and Small Medium Enterprises. The study used a cross sectional research design. Descriptive design was used and supplemented by inferential statistics. Correlation and regression analysis were adopted. The study revealed that financial inclusion is significant in supporting SMEs growth. The study also revealed that cost of acquiring and servicing financial services are high, there is also difficulty in using some of the financial services, and the way financial providers treat financial users, some lacked some degree of respect and dignity. The study recommends that financial providers should continue sensitizing the public on the available financial services beyond credit services, which are common and known. Digital financial service providers should encourage their clientele to use digitalized financial services which are cheap, secure and risk averse. Cost of capital should also be reduced to encourage borrowing while SMEs should innovatively produce goods that can be competitive at both domestic and international markets.

scholarly journals Financial Inclusion and the Growth of Small Medium Enterprises in Uganda: Empirical Evidence from Selected Districts in Lango Sub Region

2020 ◽  
Author(s):  
Marus Eton ◽  
Fabian Mwosi ◽  
Constant Okello-Obura ◽  
Abanis Turyehebwa ◽  
Gilbert Uwonda
Keyword(s):  
Financial Services ◽  
Service Providers ◽  
Small And Medium Enterprises ◽  
International Markets ◽  
Financial Inclusion ◽  
Cross Sectional ◽  
Policy Makers ◽  
Correlation And Regression Analysis ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Abstract The growth and failure of small and medium enterprises has been a topic of discussions world over amongst policy makers and researchers. This study was guided by the following objectives: To examine the contributions of Small Medium Enterprises (SMEs), to determine the challenges affecting Small Medium Enterprises, to examine how financial inclusiveness supports the growth of Small medium enterprises and to establish the relationship between financial inclusion and Small Medium Enterprises. The study used a cross sectional research design. Descriptive design was used and supplemented by inferential statistics. Correlation and regression analysis were adopted. The study revealed that financial inclusion is significant in supporting SMEs growth. The study also revealed that cost of acquiring and servicing financial services are high, there is also difficulty in using some of the financial services, and the way financial providers treat financial users, some lacked some degree of respect and dignity. The study recommends that financial providers should continue sensitizing the public on the available financial services beyond credit services, which are common and known. Digital financial service providers should encourage their clientele to use digitalized financial services which are cheap, secure and risk averse. Cost of capital should also be reduced to encourage borrowing while SMEs should innovatively produce goods that can be competitive at both domestic and international markets.

scholarly journals Innovation and supply chain orientation concerns toward job creation law in micro, small, and medium enterprises export-oriented products

2022 ◽  
Vol 10 (1) ◽  
pp. 69-82 ◽  
Author(s):  
Endang Purwaningsih ◽  
Muslikh Muslikh ◽  
Suhaeri Suhaeri
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Export Market ◽  
Equation Modeling ◽  
Central Java ◽  
Quantitative Data Analysis ◽  
Medium Enterprises ◽  
Supply Chain Orientation

The supply chain of MSME products in the context of export penetration is very important, but MSME actors have not been able to meet all export needs. This study aims to: 1) analyze the supply chain of MSMEs in the context of export penetration in the era of the covid-19 pandemic, and 2) examine the potential of MSMEs to develop in terms of corporate legality, industrial design, and brand registration, as well as the use of digital marketing. This research method was quantitative research with survey approach and normative empirical study. The population of this study was 134 MSMEs, samples from 63 MSMEs in Central Java (Brebes), West Java (Bogor), and the Special Region of Yogyakarta (Bantul). Quantitative data analysis used Structural Equation Modeling (SEM) approach and analyzed with Smart PLS 3.3 software. The results of the study show: 1) the supply chain needs of MSMEs in penetrating the export market in the era of the covid-19 pandemic are very difficult; 2) MSMEs must be able to meet all export needs to create a balanced supply chain, 3) in order to prepare export-oriented MSMEs, they must first motivate and educate, establish policies that support their legality and export management.

scholarly journals Green Manufacturing in Agro Processing SMEs: Unraveling the Relationship Between Drivers and Their Effects on Adoption Practices in Ghana

2019 ◽  
Vol 3 (1) ◽  
pp. 136
Author(s):  
William Gyasi-Mensah
Keyword(s):  
Structural Equation ◽  
Small And Medium Enterprises ◽  
National Policy ◽  
Green Manufacturing ◽  
Equation Model ◽  
Motivating Factors ◽  
Policy Makers ◽  
Environmentally Safe ◽  
Medium Enterprises ◽  
Staff Commitment

Environmental matters have been a subject of importance for national policy makers, ecology concerned groups and organizations. Green initiatives such as, green manufacturing has been seen to be a game changer in ensuring environmentally safe manufacturing by firms and nations while reaping the accompanying benefits. Investigations into motivating factors are still not fully carried out from all contexts. This research sought to find the effects that these drivers have on adoption of eco-friendly initiatives among small and medium enterprises from a developing country context. Structural Equation Model was adopted to analyze the data and verify the hypotheses. The outcomes indicate that financial and business benefits, competitor pressure and national environmental regulations positively influenced the adoption of green manufacturing adoption initiatives. Management and staff commitment influenced adoption slightly. These outcomes are vital to developing strategies for improving green practices implementation within firms for positive environmental and economic performance. Governments in developing nations especially Ghana will be well informed on which parts of the regulations to strengthen and enforce for improved environmental responsibility from Ghanaian agro processing small and medium enterprises and other businesses.

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