Network Strategy for Entrepreneurs

Networks are an emerging area within the literature related to how entrepreneurs transfer knowledge, seek partnerships, and ultimately interact with others. Some terms with which this area has been defined are Business Networks, Knowledge Networks & Collaboration Networks. It is a cross-cutting phenomenon in various areas of knowledge, such as open innovation and entrepreneurship. However, the relevance of the use of networks for entrepreneurs and the development of global start-ups leads us to the need to propose a conceptual framework for the planning and administration of these business networks. It is an analytical investigation with a case study methodology. They are cases of the cities of Sao Paulo (Brazil) and Santiago (Chile) mainly of consulting and software services. From the models usually used in entrepreneurship, those with integrated tools and methodologies for the development of business networks by founders or administrators of start-ups.

Secured - Quantum Key Distribution (SQKD) for solving Side Channel Attack to enhance Security, based on Shifting & Binary Conversion for Securing Data (SBSD) Frameworks

Network security is critical for both personal and business networks. Most homes with high – speed internet have one or more wireless routers, which can be hacked if not adequately secured. Even though, if more number of solutions were addressed for security, still the security is challenging one in networks.Quantum Key Distribution was proposed to enhance security in the past literature. In this QKD, the secret message was converted in to Q-bits. Through this side channel, there is a chance to hack the data by the Eavesdropper which cannot be identified by the receiver side. So, receiver will send the acknowledgement to the sender for sending encrypted data in the classical channel.From this, the hacker can easily fetch the encrypted data from the classical channel. To address this issue, Security in Quantum side Channel (SQSC) framework has been proposed in which Shifting and Binary Conversions (SBC) algorithm has been implemented. This proposed security model attains good performance to a greater extent.

Knowledge Sharing Enablers in Small Business Networks

In an increasingly knowledge-based global economy, social capital and knowledge sharing, particularly amongst small business, have become critical sources of competitive advantage, but how can such knowledge sharing be enabled? The objective of this research was to explore the effect of knowledge sharing enablers on knowledge sharing in female small business networks. This research addresses the call for research into the antecedents of social capital. Specifically, Trust, Social Identity, Social Media Usage and Shared Goals were included in the conceptual model for the study. Together these social capital enablers were found to be significant predictors of knowledge sharing behaviour although unique contributions varied. The research contributes to the growing body of literature on the dimensions of social capital and how they affect knowledge management, and is of use to practitioners involved in supporting female entrepreneurial networks.

PERAN KELOMPOK INFORMASI MASYARAKAT (KIM) DALAM PEMBERDAYAAN POTENSI LOKAL DI KAMPUNG JAMBU DESA KARANGSONO KECAMATAN KANIGORO KABUPATEN BLITAR

This study aims to describe the role of Community Information Groups (KIM) in forming agricultural business networks in order to improve the community's economy through empowering local potentials in Karangsono Village, Kanigoro District, Blitar Regency. The approach used is to use the theory of diffusion of innovation which has 4 elements of the innovation diffusion process, namely innovation, communication channels, time and social system. However, researchers are more focused on the process of diffusion of innovations in forming a network using communication channels. This study will explain the innovations of KIM members which will be disseminated to the public using qualitative descriptive methods. This research data collection through interviews and field observations. The results of this study are the diffusion of innovation in forming business networks through communication channels that have been created by KIM members. So that the innovation process that has been disseminated can be accepted by the community and can change the community to be more prosperous.

Designing and management of entrepreneurial networks: Evaluation of the population’s network potential in the Arctic zone of the Russian Federation territories

In development of the methodology proposed in previous publications for assessing the network entrepreneurial potential of territories for the design and management of business networks, which are an effective form of innovation in the information paradigm of productivity, the article developed a methodology for assessing the network entrepreneurial potential of the population of territorial socio-economic systems. The variety of potential stakeholders in the innovative development of the territory, formally or informally participating in the formation of network interactions, suggests that for effective design and management of business networks, it is advisable to form approaches to assessing the network potential of as many types of stakeholder groups as possible. The degree of adherence of the population of the territories to the ideas of the knowledge economy, the ability to support and implement these ideas in everyday life, are the sources of increasing the entrepreneurial potential of the territories and their usefulness for networked entrepreneurial projects. Therefore, for designing effective entrepreneurial networks,along with assessing the potential of business, civil society institutions, government bodies, corporations and other network actors, the task of assessing the entrepreneurial potential of the population of the territories is relevant. To achieve the research objective the approaches to defining and assessing the entrepreneurial potential of the population of the territories are considered; the definition of the entrepreneurial potential of the population for the purposes of this study has been clarified; an assessment methodology has been developed and this methodology has been applied on the example of territories representing the Arctic zone of the Russian Federation. The conclusion was made about the high degree of influence of the entrepreneurial potential of the population on the complex network potential of the territories.

Information Technology Governance of UMKM in Kasasiur Banjar

One form of information technology management for UMKM in order to expand business networks, marketing and carrying out business processes is the use of the Cobit 5 framework. The benefits and maturity level of IT management are benchmarks for the direction of development and utilization strategies for UMKM. The purpose of this study was to assess the position of Kasasiur Banjar SMEs regarding implementation and targets to be achieved in the future. The result of the assessment is the maturity level of the current IT management position (existing). Furthermore, maturity targets will be determined for each selected IT process to be used as guidelines for the Kasasiur Banjar UMKM group in IT utilization. Maturity level assessment uses the domains EDM3, EDM4, APO7, DSS3, DSS6, and MEA1 with the calculation model referring to ISO/IEC 15504. Assessment results Maturity level related to IT development strategy is at level 1 (1.21), which is Performed. This means that Kasasiur Banjar SMEs have a concern for good IT management and processes have been implemented and achieved goals. The direction of governance development in UMKM Kasasiur Banjar is targeted to reach level 5, namely Optimizing.

THE NETWORKING OF MAINTENANCE ENTITIES FOR PRODUCTION AND OTHER PROCESSES

The high share of maintenance costs in manufacturing processes and their continuing low efficiency lead to a search for solutions to this problem not only in the organization and management of internal maintenance, but also in outsourcing and interconnecting the maintenance entities into separate but cooperating partner units. The creation of business networking, recently applied in manufacturing processes, offers significant potential for efficiency in specific fields of manufacturing and other equipment maintenance. Applying such a system can increase flexibility, professionalism, operability and the quality of maintenance through new digital, virtual, organizational and working forms. This article deals with the assessment of the possibility of creating business networks for maintenance processes within production and non-production operations, which use machinery and other equipment for their activities, and it also deals with a demonstration of the significant economic and non-economic benefits. It is based on process analysis of the company Vitkovice Heavy Machinery (VHM), University Hospital Ostrava and on research in other industrial companies.

Does membership of local Chambers of Commerce networks enhance rural SME performance?: An empirical analysis

PurposeLocal Chambers of Commerce networks provide small- and medium-sized enterprises (SMEs) with an opportunity to access essential information and networking with other businesses, resulting in improved business performance. However, rural SMEs are less likely to participate in these networks and often possess lower performance. This paper aims to examine the relationship between being members of local Chambers of Commerce networks and rural SMEs’ performance by comparing business performance between rural SMEs who are members and non-members of local Chambers of Commerce networks. This paper also further explores difference in business growth plans between rural SMEs members and non-members.Design/methodology/approachThe empirical analysis draws on cross-sectional data of 3,769 rural SMEs in England and Wales from the UK's Government Longitudinal Small Business Survey 2015. Propensity score matching (PSM) is applied to control for selection bias and variations in business characteristics before comparing business performance, measured in terms of annual turnover, sale growth and profitability, between rural SMEs that are members and non-members of local Chambers of Commerce networks.FindingsOur results show that rural SME members of local Chambers of Commerce networks are more likely to grow their sales than non-members. However, they perform as good as non-members in terms of turnover and profitability. The results also emphasise that local Chambers of Commerce networks are crucial for rural SMEs to develop the skills of the workforce and leadership capability of managers, new product/service development and new working practices. Therefore, to enhance rural SMEs' performance, tailoring the services of local Chambers of Commerce to support rural businesses' needs and encouraging rural SMEs to make use of business networks are recommended.Practical implicationsThe paper unpacks the relationships between being local Chamber of Commerce membership and business performance, offering lessons for rural SMEs to boost their business performance and growth through participating in local business association networks.Originality/valueThis paper is the first study that explores the comparative analysis of business performance and growth plans between rural SMEs that are members and non-members of the local Chamber of Commerce networks. We provide an empirical evidence-based analysis to existing literature regarding the advantages of being local Chamber of Commerce memberships to enhance business performance in rural areas.