External supports, innovation efforts and productivity: Estimation of a CDM model for small firms in developing countries

2021 ◽  
Vol 173 ◽  
pp. 121189
Author(s):  
Jude N. Edeh ◽  
Francisco J. Acedo
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.


2016 ◽  
Vol 24 (3) ◽  
pp. 45-70 ◽  
Author(s):  
Delroy Chevers ◽  
Annette M. Mills ◽  
Evan Duggan ◽  
Stanford Moore

For software development firms to be competitive they must assure the quality of the software product. This has led many firms to adopt software process improvement (SPI) programs such as the capability maturity model integration (CMMI). However, for small software firms, especially those in developing countries with limited resources, these programs are often too cumbersome and costly to implement. To address this issue, this paper proposes a simplified SPI model for small firms (SPM-S) comprised of 10 key software development practices; with fewer practices, the proposed model should be more accessible and less costly to implement. Using data collected in four developing countries in the English-speaking Caribbean from 112 developer/user dyads, the model is evaluated with respect to its impact on software quality. The findings show that the software development process coupled with supporting technology (e.g. project management tools) significantly impact software product quality. Implications for software process improvement in small firms and future research are discussed.


2019 ◽  
Vol 11 (1) ◽  
pp. 225-248 ◽  
Author(s):  
Simon Quinn ◽  
Christopher Woodruff

We discuss the value of experiments in illuminating constraints on the growth of firms in developing countries. Experiments have provided insight into both the value and the difficulty of alleviating capital constraints in small firms. They suggest that urban, low-skilled labor markets appear to work reasonably well for firms, although there is a suggestion that frictions in markets for skilled workers may have more effect on firms. While observational data suggest that managerial training is important, experiments have shown that the traditional methods of delivering this training to small enterprises, at least, are not effective. Finally, while most work has focused on alleviating supply constraints, recent experiments have shown that positive demand shocks can be sufficient to generate firm growth. Experiments have been particularly illuminating in uncovering patterns in individual decision making, showing how agents respond to the specific changes in circumstances or incentives generated by the experiment. They are most valuable when they complement insight driven by theory.


2000 ◽  
Vol 38 (1) ◽  
pp. 11-44 ◽  
Author(s):  
James R Tybout

The manufacturing sectors of developing countries have traditionally been relatively protected. They have also been subject to heavy regulation, much of which has favored large firms. Accordingly, it is often argued that in these countries: (1) markets tolerate inefficient firms, so cross-firm productivity dispersion is high; (2) small groups of entrenched oligopolists exploit monopoly power in product markets; and (3) many small firms are unable or unwilling to grow, so important scale economies go unexploited. Drawing on plant and firm level studies, I assess each of these conjectures and find none to be systematically supported. However, many open issues remain.


2018 ◽  
Vol 64 (3) ◽  
pp. 113
Author(s):  
Héctor Eduardo Díaz Rodríguez ◽  
Magnolia Miriam Sosa Castro ◽  
María Alejandra Cabello Rosales

<p>El presente estudio tiene como objetivo analizar el impacto que la adopción de prácticas administrativas en microempresas mexicanas (1 a 10 empleados), tiene sobre su desempeño financiero, representado por niveles de ingresos brutos. Con tal propósito se realiza dos análisis: uno econométrico, y otro mediante Redes Neuronales Artificiales, utilizando microdatos de la encuesta <em>Business Practices in Small Firms in Developing Countries </em>del Banco Mundial, 2008-2014. Ambos análisis muestran que las prácticas de control, planeación financiera, así como, el stock de capital y la edad y educación del dueño, ejercen una influencia significativa sobre el desempeño financiero, no así las prácticas de mercadotecnia, control de compras e inventarios y de registro de costos y mantenimiento. </p>


1987 ◽  
Vol 18 (2) ◽  
pp. 303-326 ◽  
Author(s):  
Bevars D. Mabry

The professionalization of management is a function of the stage of economic development, both of the enterprise and the economy in which it operates, for these stages influence the size, number, nature, and complexity of problems to which the enterprise is exposed. The nature of personnel problems, for example, are influenced by the relative maturation of the labour force in motivation, commitment and skill development, and management's responses to these problems evolve with the inducement of professionalism from the growing size, complexity, and diversity of industrial institutions. Compared to 1950, the labour force of Thailand in 1986 is more urban, better educated, more materially motivated, more ethnically uniform, and better disciplined to factory work. Hence, it should be more receptive to modern management practices. Yet, by American or Japanese standards, the Thai labour force is still comparatively primitive, and personnel are administered in a diverse milieu of work environments that condition the style and progress of management. As a consequence, the practice of management varies as widely in Thailand as it does in other developing countries between metropolitan and provincially located establishments, between large and small firms, among Thai, Thai-Chinese, Japanese, or Western firms.


Author(s):  
Morgan Hardy ◽  
Jamie McCasland

Abstract Entrepreneurs in developing countries report that unreliable electricity imposes a serious constraint, yet little evidence exists on how blackouts impact the micro-firms that account for the majority of employment. This article estimates the effects of outages on small firms using original firm-level panel data and finds evidence of differential effects by firm size. Firms without employees experience large reductions in revenues and profits. Outages have no measurable effect on the output of firms with employees, where worker hours increase, weekly wages paid decrease, and the analysis fails to reject the null hypothesis that blackouts have no effect on (average firm-level) worker hourly wages.


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