A Study on the Significance of Small and Medium Enterprises Development for China to Over-Leap the Middle Income Trap

Author(s):  
Jiang Pan ◽  
Zhao Tie
2019 ◽  
Vol 8 (3) ◽  
pp. 15-23
Author(s):  
Arijita Dutta ◽  
Sharmistha Banerjee ◽  
Olivia Sarkar ◽  
Arkadipta Roy ◽  
Ashish Kumar Sana ◽  
...  

Abstract Given the current constraints of the Malaysian economy to grow beyond the middle-income trap, the women owned small and medium enterprises are envisioned to be the game changers, to lead the Malaysian economy out of the middle-income trap. While the microenterprises owned by women are expected to bring in more inclusiveness and gender-parity in the economy, the small ventures can feed in the big business to act as an enabler of growth, and the medium enterprises have the potential to emerge as driver of growth themselves. The authors posit that classical constraints faced by women-owned SMEs, mostly rooted in resource crunch may be partially overcome by using the digitalized platform and e-commerce infrastructure of the country. However, state-level evidence suggests that majority of women-owned SMEs (WOSME) belong to micro and small sectors, with limited ability of job creation. Also, the presence of medium firms is highly skewed towards traditional low-technology sectors, in spite of educational and technical exposure. The success of these WOSME is actually dependent on the nature of the big business and the state-level economic and social characteristics, rather than the utilization of digital platforms by SMEs. This supports the evidence that success of WOSME is still heavily dependent on the large business enterprises, representing the classical structure. Absence of any effective policy to encourage women SME entrepreneurs in Malaysia constricts WOSMEs from playing the role of game-changer in the digitalized economy, in spite of their extremely high potential. Policies in the country appeared to be ethnicity-conscious, rather than gender-centric.


2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Shubham Pathak ◽  
Jorge Chica Olmo

AbstractNatural disasters have been a significant hurdle in the economic growth of middle-income developing countries. Thailand has also been suffering from recurring flood disasters and was most which are severely affected during the 2011 floods. This paper aims to identify the various factors that impact the speed of disaster recovery among the Small and Medium Enterprises (SMEs) severely affected by the floods in Pathumthani province in central Thailand, and how it is related to its speed decision of neighbours SMEs. The methodology adopts a spatial econometric model, to analysis and understand each of the chosen factors’ impact. The findings include the impact of disaster resilience, mitigation and planning at the SME level as well as the government level. The absence of accurate perception of actual risk, flood insurance and disaster management planning before the 2011 floods had contributed to the severity of the impacts during the 2011 floods.


2019 ◽  
Vol 13 (01) ◽  
pp. 42
Author(s):  
Novitha Herawati ◽  
Triana Lindriati ◽  
Ida Bagus Suryaningrat

Business model canvas (BMC) is a strategic management and lean start-up template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances. It assists firms in their aligning activities by illustrating potential trade-offs. Business model canvas focuses on the idea of creating value in a business. The purpose of implementation of BMC was to determined the best business planning of fried edamame, when it applied to the industry or MSMEs (Micro, Small and Medium Enterprises). The method in the research used descriptive method, while the data analysis used qualitative analysis. Primary data collection was obtained from interviews.  Analysis was done by compiling the initial hypothesis, hypothesis testing and verification of business model canvas (BMC). The results showed that the business model strategy for fried edamame products in the value proposition component were crispy, natural, labeled and applied good cooking oil for use. The customer segment component were the buyers of the entire Jember Regency including men and women over 20 years old with middle income. Components of revenue streams were fried edamame product sales, sale of unused oil, and sale of edamame peel to farmers, while the component channels were direct selling and retailers for fried edamame product. Keywords: business model, fried edamame, strategy, value proposition


IDS Bulletin ◽  
2021 ◽  
Vol 52 (1) ◽  
Author(s):  
Ayako Ebata ◽  
Nicholas Nisbett ◽  
Stuart Gillespie

Measures to slow down the spread of Covid-19 have had profound effects on the food and nutrition security of poor and marginalised households and communities. This article provides an overview of the effects of Covid-19 on food systems across low- and middle-income countries using resilience and political economy lenses, before proposing approaches to build back resilient and equitable food systems. First, future interventions need to target structural issues that limit people’s agency in accessing nutritious and diverse food and production capital. Second, local innovation systems and institutions require investment to create a market environment that benefits domestic (small and medium) enterprises and agri‑food supply chain workers without jeopardising the environment. Third, interventions need to be informed by a diverse set of opinions that include the voices of the most marginalised.


2021 ◽  
Vol 4 (1) ◽  
pp. 91-107
Author(s):  
Arief Dwi Saputra ◽  
Alfina Rahmatia

Gamification is a game design in a non-game context that can be applied to the Micro, Small, and Medium Enterprises (MSMEs) business. This study aims to see how the role of gamification can be a model in MSMEs business activities and performance. The sample is 13 of 34 MSMEs business managed by students at the Provincial level in Indonesia who are student representatives at the Branch Leaders, Branch Managers, and Regional Leaders in a hierarchical structure. First, the root of the problem is viewed from secondary data through theoretical studies (literature reviews, reports, and reputable media data) and observations of empirical aspects (observation and interviews). In the next stage, the data is processed using the Nvivo 12 application with coding similarity analysis. Then the results of the study are used as a reference and conclusions through the data obtained. Based on the analysis results, the study agenda was prepared to answer the challenge of demographic bonuses and the middle-income trap on the contribution of MSMEs in facing changes in the economic order in the new normal era. The implication is to become a business model for MSMEs in overcoming human capital problems by encouraging creative and innovative attitudes and traits. Furthermore, the application of gamification as a business strategy shows an interconnected and supportive soul as a solution with an impact on behavior change, motivation, and psychological effects of entrepreneurship. Thus, users, such as managers, employees, dan customers, to be involved in the selling process through gamification.


2020 ◽  
Author(s):  
Shubham Pathak ◽  
Jorge Chica Olmo

Abstract Natural disasters have been a major hurdle in the economic growth of middle income countries. Thailand has also been suffering from recurring flood disasters and was most severely affected during the 2011 floods. This paper aims at identifying the various factors which have impact on speed of disaster recovery among the Small and Medium Enterprises (SMEs) severely affected by the floods in Pathumthani province in central Thailand and how this speed is related with the speed and decision of neighbours SMEs. The methodology adopts a spatial econometric model, to analysis and understand the impact of each of chosen factors. The findings include the impact of disaster resilience, mitigation and planning at the SME level as well as the government level. Absence of accurate perception of actual risk, flood insurance and disaster management planning prior to 2011 floods had contributed to the severity of the impacts during 2011 floods.


2020 ◽  
Vol 37 (01) ◽  
Author(s):  
NGUYEN NGOC THUY VY ◽  
NGUYEN THI PHUONG DUNG ◽  
NGUYEN KIM QUOC TRUNG

Small and medium enterprise (SME) sector is the main motivation for economic growth in developing countries. However, SMEs encounter different challenges in their activities. One of the biggest obstacles facing SMEs is the constraint on their accessibility to external finance due to the lack of collateral. Financial liberalization, through their impact on credit market structure, may affect SMEs’ dependence on collateral in accessing external finance. The main purpose of this research is to examine the influence of financial liberalization on collateral requirements of SMEs in South-East Asian lower and middle income countries including Vietnam, Indonesia and Philippines. To be specific, the author uses Probit and Tobit regression with Enterprise Surveys Data of World Bank in 2009 and 2015 to evaluate the effect of financial liberalization on the incidence of collateral loans and the level of collateral requirements. In addition to financial liberalization - our main explanatory variable, we control other factors which may affect SMEs’ collateral requirements such as country and firm characteristics. The main result shows that financial liberalization increases the likelihood of collateral requirements.


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