scholarly journals The readiness of Latvian micro and small enterprises (MSe) for globalization

2020 ◽  
Vol 74 ◽  
pp. 05021
Author(s):  
Iluta Riekstina ◽  
Rosita Zvirgzdina ◽  
Iveta Linina
Keyword(s):  
European Commission ◽  
Small Businesses ◽  
Visual Information ◽  
Quantitative Research ◽  
Social Inclusion ◽  
Research Approach ◽  
Small Enterprises ◽  
The European Union ◽  
Micro And Small Enterprises ◽  
Medium Enterprises

Based on the criteria set out in Annex 1 of the European Commission (EC) Regulation No.800 / 2008 and official data, about 99% would be in the category of small and medium-sized enterprises (SMEs). In Latvia, the breakdown of economically active SMEs by the Ministry of Economics is: micro enterprises 90%, small enterprises 9%, medium enterprises 1%. The European Commission believes that it is SMEs and entrepreneurship that are key to ensuring economic growth, innovation, job creation and social inclusion in the European Union. However, globalization is one of the ways micro and small businesses can go beyond national territories to expand their business to succeed. The aim of the study is to analyze the types of activity in which micro and small enterprises in Latvia operate for 5 years and to analyze the level of potential readiness of globalization. Quantitative research is based on official business data from several sources Enterprise Register, Ministry of Economics, Re-Identifier of the Register of Enterprises Ltd. “Lursoft”, Central Statistical Bureau. The study will review data on the last 5 years by analyzing data for 2013-2017. The following research methods have been used for the research: quantitative data research approach, analytical study comparing data for five years and graphical method visualization and analysis of visual information.

scholarly journals Global Emergency Impact to Latvian Micro and Small Enterprises

2021 ◽  
Vol 92 ◽  
pp. 07056
Author(s):  
Iluta Riekstina ◽  
Rosita Zvirgzdina
Keyword(s):  
Small Businesses ◽  
Visual Information ◽  
Quantitative Research ◽  
Value Added ◽  
Emergency Situation ◽  
Research Approach ◽  
Small Enterprises ◽  
Emergency Situations ◽  
Micro And Small Enterprises ◽  
The Impact

Research background: 2020 will always remain a pandemic year in the world. A year that shook everyone including business. After the end of the emergency, many countries are planning business recovery measures. Many programs are planned for micro and small businesses. Due to the large number of micro-enterprises that the authors decided to conduct a study on the preparedness of micro and small enterprises for emergencies. About the areas in which small businesses operate, how and whether they are only able to operate in the domestic market or are ready for globalization. 65% of Latvian micro and small enterprises in surveys conducted by credit institutions showed that the impact of COVID19 on operations is noticeable and will be necessary for business recovery. At the same time, 47% of them confirmed that they plan to change their business model according to the new situation. Purpose of the article: The aim of the research is to identify the interaction of the activity structure of Latvian micro and small enterprises with emergency situations. To analyze the operating environment and the intensity of its impact on business. Methods: Quantitative research is based on official business data from several sources - Enterprise Register, Ministry of Economics, Re-Identifier of the Register of Enterprises Ltd. “Lursoft”, Central Statistical Bureau. The study will review data on the last 5 years by analyzing data for 2013-2017. The following research methods have been used for the research: quantitative data research approach, analytical study comparing data for five years and graphical method - visualization and analysis of visual information. Findings & Value added: As a result of the article, it is planned to group the directions of activities of micro and small enterprises based on the impact of the emergency situation on them. Thus, performing an analysis of the readiness of Latvian micro and small enterprises for emergency situations and the impact on operations.

scholarly journals The Roles of Micro and Small Enterprises in Empowering Women: The Case of Jimma Town, Ethiopia

2019 ◽  
Vol 6 (2) ◽  
pp. 139
Author(s):  
Bizuayehu Daba Feyisa ◽  
Kaleb Amanu Tamene
Keyword(s):  
Women Entrepreneurs ◽  
Raw Materials ◽  
Data Gathering ◽  
Sampling Technique ◽  
Research Approach ◽  
Small Enterprises ◽  
Electric Power Supply ◽  
Self Confidence ◽  
Micro And Small Enterprises ◽  
Jimma Town

The main aim of this study was to assess the roles of Micro and Small Enterprises in Empowering Women in Jimma Town. In this study, the researchers employed purely qualitative research approach. Purposive sampling technique was employed as appropriate sampling technique to select research participants. In addition to this, the researchers also used data gathering tools such as in-depth interview and non-participant observations. The study found out that Micro and Small enterprises in Jimma Town have played significant roles in empowering some women entrepreneurs economically and socially by improving their livelihoods, enhancing their self-confidence, decision making capacity, financial autonomy, freedom of mobility and also boosting their social-interactions. The study also found out that women entrepreneurs have been facing serious challenges against their business such as lack of appropriate working and selling places, market linkages, loan, and shortages of raw materials and frequent interruptions of electric power supply. So, the researchers recommended that all concerned government institutions shall try their level best to address such problems to advance women’s empowerment through micro and small enterprises to the best level.

scholarly journals Customer expectations and service delivery: Are SME’s aware of the service quality standards gap?

2015 ◽  
Vol 12 (4) ◽  
pp. 175-184
Author(s):  
Johannes Arnoldus Wiid ◽  
Michael Colin Cant ◽  
Carly Prinsloo
Keyword(s):  
Service Quality ◽  
Service Delivery ◽  
Competitive Advantage ◽  
Small Businesses ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Quality Standards ◽  
Customer Expectations ◽  
Medium Enterprises ◽  
Service Standards

Competition among small businesses are high, as small businesses compete for market share which larger business do not engage with. A definite competitive advantage that small and medium enterprises (SMEs) can rely on is service quality (Kasul & Motwani in Anuar & Yusuff 2011:328; Tseng & Wu 2014:77). SMEs do not necessarily understand service standards and how to ensure that the service standard is implemented. The research utilised a quantitative research design whereby the data was collected by means of a 5-point Likert scale survey known as the SERVQUAL model. The results indicate that there are discrepancies between dimensions those owners feel should be adhered to and the extent to which they perceive their businesses to adhere to these dimensions.

scholarly journals The Development of Digital in the Covid-19 Pandemic

2021 ◽  
Author(s):  
Maria Digna R. Nahak
Keyword(s):  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Asian Development Bank ◽  
Small Enterprises ◽  
Domestic Economy ◽  
Development Bank ◽  
Micro And Small Enterprises ◽  
Medium Enterprises ◽  
Almost All ◽  
The Impact

The global Covid-19 pandemic that has plagued all countries of the world has affect all sectors of people's lives. In Indonesia, almost all sectors experience impacts, especially the economic ecosystem which has been become the focus of society. Furthermore, the Covid-19 pandemic has made the slowdown in the economic sector in Indonesia with its various derivatives. The Micro, Small and Medium Enterprises (MSME) sector which is part of the most important sector of the economy is very important feel. This is what worried by all parties, because it has made the MSME sector experienced a significant decline. Moreover, currently many MSMEs are experiencing various problems such as: decrease in sales, capital, hampered distribution, difficulty in raw materials, decreased production and the occurrence of many layoffs for workers and hunting which later became a threat to the national economy. MSMEs as a driver of the domestic economy and a middle labor absorber face a decline in productivity which results in a decrease in profits significant. Even based on the related Asian Development Bank (ADB) survey, the impact of the pandemic on MSMEs in Indonesia, 88% of micro businesses run out of cash or savings, and more than 60% of these micro and small enterprises have reduced their workforce work.

Climate Governance for Micro, Small, and Medium Enterprises

2020 ◽  
pp. 295-308
Author(s):  
Janis Sarra
Keyword(s):  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Business Owners ◽  
Social Enterprises ◽  
Vulnerable Groups ◽  
The European Union ◽  
Climate Governance ◽  
Net Zero ◽  
Set Up ◽  
Medium Enterprises

Chapter 9 explores why management of climate-related risks can be particularly challenging for micro, small, and medium enterprises (‘MSME’) to address. MSME comprise about 99 per cent of all businesses globally and they often lack the infrastructure and resources to manage deep shifts in their business activities. This chapter explores how one could build financing and infrastructure to support the MSME sector to advance in their transition to net zero. It discusses how the European Union has taken the lead globally on microfinance for vulnerable groups that want to set up or develop their businesses and microenterprises. It is building the institutional capacity of microcredit providers and supporting development of social enterprises by facilitating access to finance. It also examines climate governance for MSME, offering examples of toolkits being developed for micro and small businesses. The chapter concludes with a discussion of contributions that women entrepreneurs and micro-business owners are making in the transition to net zero.

scholarly journals Realtionships between Fiancial and Learning and Growth Perspectives in BSC

2017 ◽  
Vol 65 (6) ◽  
pp. 1841-1850
Author(s):  
Ilona Berková ◽  
Markéta Adamová ◽  
Kristýna Nývltová
Keyword(s):  
Czech Republic ◽  
Balanced Scorecard ◽  
Small Businesses ◽  
Quantitative Research ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Company Performance ◽  
Strategy Formulation ◽  
Financial Perspective ◽  
Medium Enterprises

Balanced Scorecard (BSC) is one of the methods for measuring of the company’s performance, strategy formulation and subsequent management leading to improving competitiveness. Nowadays company performance has an important role because the competitive environment is much more changeable and more difficult to predict because of the influence of globalization. BSC is worldwide used both in large, medium and small businesses regardless of the field of business. According to Knápková, Homolka and Pavelková (2014), this model is used only by 13 % of the enterprises in the Czech Republic. BSC monitors business performance from four perspectives: Financial, Customer, Internal Process, Learning and Growth. The main aim of this paper is to verify whether there is a correlation between Learning and Growth and Financial perspective. Data were obtained from the database Albertina Gold and from quantitative research in companies in 2015. As sample small and medium enterprises in Czech Republic were chosen by random selection. Data were analysed by using regression analysis. Based on the analysis the dependence of some financial indicators on the attitude of the company to the risk and on long‑term or short‑term orientation was proved. BSC is spread in 30 – 50 % companies all over the word, in Australia this method is used even in 88 % companies (Al Sawalqa, Holloway and Alam, 2011). Due to proven dependence it would be appropriate to raise Czech companies’ awareness of advantages of this method.

scholarly journals Do Islamic social entrepreneurship moderate Islamic leadership and emotional intelligence? Evidence from micro and small enterprises fostered by ‘Aisyiyah

2021 ◽  
Vol 5 (01) ◽  
pp. 23-34
Author(s):  
Nurul Asfiah
Keyword(s):  
Emotional Intelligence ◽  
Social Entrepreneurship ◽  
Quantitative Research ◽  
Business Performance ◽  
Reliable Data ◽  
Small Enterprises ◽  
Sampling Techniques ◽  
Analysis Technique ◽  
Micro And Small Enterprises ◽  
Islamic Leadership

This study aims to understand Islamic social entrepreneurship in moderating the influence of Islamic leadership and emotional intelligence to improve Micro and Small Enterprises (SMEs). Another objective of this study is to determine the effect of Islamic leadership, emotional intelligence, and Islamic social entrepreneurship on business performance. This research is quantitative research, whose population is a group of SMEs fostered by 'Aisyiyah East Java so that 150 respondents were determined. This amount is calculated by non-probability sampling and judgmental sampling techniques based on the researcher's considerations. The sample was decided to be used due to existing uncertain population, and the collection of questionnaires using Google forms. All variables are valid and reliable; data analysis using path analysis technique with Smart PLS 3.0 software found a direct and indirect effect of Islamic social entrepreneurship variable on SME business performance. This analysis also shows that Islamic leadership and emotional intelligence have a significant impact on business performance.

scholarly journals A evolução do grau de inovação de indústrias de transformação da região metropolitana do Recife

2015 ◽  
Vol 13 (3) ◽  
pp. 594
Author(s):  
Breno José Burgos Paredes ◽  
Guilherme Alves de Santana
Keyword(s):  
Small Businesses ◽  
Organizational Innovation ◽  
Local Development ◽  
Manufacturing Industries ◽  
Small Enterprises ◽  
Economic Activities ◽  
Industrial Setting ◽  
Need To Evaluate ◽  
Micro And Small Enterprises ◽  
Degree Of Innovation

Alguns fenômenos vêm influenciando de forma marcante as atividades econômicas do estado de Pernambuco, como a globalização e a recente alocação de grandes indústrias. Neste cenário, às Micro e Pequenas Empresas localizadas na região exercem papel fundamental no desenvolvimento local, devido sua representatividade no fomento à economia. Partindo da necessidade de avaliar o cenário inovativo industrial pernambucano, este estudo mensura a evolução do grau de inovação organizacional de indústrias de transformação localizadas em Recife/PE. Para tanto, aplicou-se o diagnóstico Radar da Inovação em 30 Empresas de Pequeno Porte do setor. Os resultados apontaram que o setor apresenta um comportamento inovador ocasional, obtendo um Grau Médio de Inovação (GMI) inferior a 3,0. Dimensões voltadas a relacionamento, processos e ambiência inovadora se destacaram de forma positiva por causa do número de inovações realizadas e da evolução do grau médio de inovação.Abstract: Some phenomena have influenced markedly the economic activities of the state of Pernambuco, as globalization and the recent allocation of large industries. In this scenario, the Micro and Small Enterprises located in the region play a key role in local development, because their representation in stimulating the economy. Starting from the need to evaluate the Pernambuco innovative industrial setting, this study measures the evolution of the degree of organizational innovation in manufacturing industries located in Recife / PE. To this end, we applied the Innovation Radar diagnosis in 30 Small Businesses of the sector. The results showed that the sector presents an innovative casual behavior, providing a Middle Degree of Innovation (GMI) below 3.0. Dimensions focused on relationships, processes and innovative ambience stood out positively because of the number of innovations made and the evolution of the average degree of innovation.Keywords: Innovation; Industrial innovation; Industry of Pernambuco; Innovation Radar. 

scholarly journals QUE SUCEDE SI ERES PARTE DE LAS MICRO Y PEQUEÑAS EMPRESAS MYPES DE SUCRE DURANTE EL COVID 19.

2021 ◽  
Vol 14 (23) ◽  
pp. 64
Author(s):  
Iván Marcelo Poveda Velasco
Keyword(s):  
Economic Crisis ◽  
Small Businesses ◽  
Technical Analysis ◽  
Small Enterprises ◽  
Survey Questionnaire ◽  
General Manager ◽  
National Policies ◽  
The Face ◽  
Micro And Small Enterprises ◽  
Technological Means

En Bolivia las micro y pequeñas empresas (MYPES) han resultado uno de los sectores productivos más afectados en por la crisis económica, que se ha visto agravada por las medidas de la emergencia sanitaria ante la pandemia COVID 19, según la consideración de representantes del sector como también por analistas.Para conocer el criterio de la Gerente General de CAINCO Chuquisaca Ing. Lucia Montalvo sobre la realidad de este sector y por su parte considerar lo que piensan los actores directos como son los propietarios de MYPES, consultando a 117 empresas, se ha trabajado con la guía de una entrevista y un cuestionario de encuesta respectivamente, realizando un análisis profesional y técnico de los resultados obtenidos.Las MYPES requieren de forma inmediata de un apoyo en base a políticas nacionales para financiamiento y créditos con bajos intereses y plazos no menores a 5 años.Requieren capacitar a su personal en medios tecnológicos, ventas a través de portales digitales y páginas WEB.Palabras clave: Micro y Pequeñas Empresas MYPES, CAINCO, financiamiento y crédito, tecnología. AbstractIn Bolivia, micro and small enterprises (MYPES) ​​have been one of the productive sectors most affected by the economic crisis, which has been aggravated by the measures of the health emergency in the face of the COVID 19 pandemic, according to the consideration of representatives of the sector as well as by analysts.In order to know the criteria of the General Manager of CAINCO Chuquisaca Ing. Lucia Montalvo on the reality of this sector and for his part to consider what the direct actors think such as the owners of MYPES, consulting 117 companies, we have worked with the guide of an interview and a survey questionnaire respectively, carrying out a professional and technical analysis of the results obtained.The MYPES immediately require support based on national policies for financing and credits with low interest and terms of no less than 5 years.They require training their staff in technological means, sales through digital portals and WEB pages.Keywords: Micro and Small Businesses MYPES, CAINCO, financing and credit, technology.

scholarly journals Public outlook on small and medium enterprises as a strategic tool for economic growth and job creation in South Africa

2015 ◽  
Vol 4 (4) ◽  
pp. 412-418 ◽  
Author(s):  
Lawrence Mpele Lekhanya
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Job Creation ◽  
Primary Data ◽  
Research Approach ◽  
Survival And Growth ◽  
Analyse Data ◽  
Medium Enterprises

In spite of the key role played by the Small and Medium enterprises in economic development, there has been little effort to look at what needs to be done to improve survival and growth of SMEs. There is still a general lack of in-depth understanding from policy makers and other relevant stakeholders of how SMEs can be used as a strategic tool for economic growth and job creation in South Africa. These misperceptions and misunderstand leads to continuous failure to SMEs survival and growth. This study seeks to address this research gap. The study investigates the public views on what needs to be done to grow South African economy through the development of SMEs. Quantitative research approach was used to collect and analyse data for the study. Primary data was collected from four (4) provinces of South Africa. 230 people participated in the study. Questionnaires were emailed to each respondent and follow-ups were made via telephone. It was found that many SMEs fail within five years of their existence due to the various reasons. The most critical of these were related to lack of access to finance, lack of management experience as well as human capital. Study further revealed that most the SMEs owners/managers do not have business management related skills but rather they are just ordinary entrepreneurs.

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