The lack of short-term impact of cohesion policy on the competitiveness of SMEs

2017 ◽  
Vol 35 (8) ◽  
pp. 991-1009 ◽  
Author(s):  
Jan Čadil ◽  
Karel Mirošník ◽  
Ján Rehák
Keyword(s):  
Positive Impact ◽  
Public Support ◽  
Value Added ◽  
Added Value ◽  
Control Group ◽  
Cohesion Policy ◽  
The Public ◽  
Structural Funds ◽  
The Relationship ◽  
Personnel Expenditure

The purpose of this article is to study the relationship between the competitiveness of small- and medium-sized companies and the public support offered to them in the form of direct subsidies allocated through European structural funds. Using micro-data gathered by the Operational Programme Enterprise and Innovations for Competitiveness (OPEIC) of European structural funds from 2007–2013, this analysis focuses on small- and medium-sized enterprises (SMEs) in the Czech Republic. We employed a counterfactual approach based on Propensity Score Matching (PSM), Nearest Neighbour Estimator and Difference in Difference design with two groups of companies: applicants receiving support and a control group. When using value added and value added per labour cost as the competitiveness indicators for SMEs, we found that Cohesion Policy (CP) support had no statistically significant impact on these indicators. On the other hand, we a found positive impact on personnel expenditure. These results highlight a number of doubts regarding the effectiveness of SME cohesion funding, given that a rise in personnel expenditure, which is not supported by an appropriate increase in added value, is unlikely to be sustainable.

scholarly journals The Impact of the Public Support for R & D on the Economic Performance of SMEs

2016 ◽  
Vol 64 (1) ◽  
pp. 213-222 ◽  
Author(s):  
Ivana Blažková
Keyword(s):  
Economic Performance ◽  
Positive Impact ◽  
Public Support ◽  
The Public ◽  
Innovation Activities ◽  
Size Groups ◽  
Set Up ◽  
South Moravia ◽  
The Impact ◽  
The Relationship

The article is focused on evaluation of impacts of the project support for research, development and innovations on the economic performance of small and medium-sized enterprises. The set of analysed enterprises was composed of 182 SMEs operating in the Region of South Moravia in the Czech Republic, which were active in R & D in 2012 and 2013. There were evaluated public sources of funding for innovation activities and selected financial ratios of economic performance. The hypotheses about the relationship between the amount of public support and profitability of enterprises were set up and statistically tested. The analysis proved sufficient level of profitability and liquidity of the SMEs involved in research, the worst economic performance of the smallest enterprises and the direct positive relationship between the amount of public support and the profitability in two size groups of enterprises, which refers to the positive impact of the public support on the economic performance of SMEs.

scholarly journals The Relationship between Well-Being and Knowledge Sharing

2021 ◽  
Vol 13 (9) ◽  
pp. 4978
Author(s):  
Kei Aoki
Keyword(s):  
Knowledge Sharing ◽  
Paradigm Shift ◽  
Online Survey ◽  
Positive Impact ◽  
Well Being ◽  
Control Group ◽  
User Innovation ◽  
Work Style ◽  
Financial Benefits ◽  
The Relationship

This research studies the relationship between well-being and knowledge sharing. While user innovation has garnered greater attention in recent years, the market has failed to properly incentivize the diffusion of user innovations. This study proposes that this shortcoming could be resolved through a consumer-to-consumer (C-to-C) marketplace and sheds light on non-financial benefits for the contributors, specifically, how knowledge sharing impacts contributor well-being. This research consists of two online survey studies. In both studies, the level of well-being was compared between knowledge sharing contributors and a control group using a scale developed in positive psychology. This study empirically shows that participation in knowledge sharing has a significant positive impact on contributor well-being. In a C-to-C marketplace, contributors diffuse and monetize their creations themselves, resulting in increased well-being. Contributing to knowledge sharing may be a sufficient incentive for user innovators to diffuse their innovations. The findings of this study will gain significance as the utilization of personal knowledge increases due to the expansion of the C-to-C business and the paradigm shift in work style.

Public Research Support for an Innovative Integrated Payment Model of Service Delivery

2015 ◽  
Vol 5 (3) ◽  
Author(s):  
Antonio Bracaglia ◽  
Giulia Monetta ◽  
William Vanobberghen
Keyword(s):  
Value Added ◽  
General Purpose ◽  
Added Value ◽  
Public Research ◽  
Structural Funds ◽  
Technological Developments ◽  
Operational Program ◽  
Entrepreneurial Innovation ◽  
Card Payment ◽  
Future Business

AbstractThis paper introduces an entrepreneurial innovation supported by public research. TITAN is an R&D project funded by European Structural Funds with the National Operational Program for “Research and Competitiveness” 2007–2013 (NOP for R&C). General purpose of TITAN project is to achieve a multi-application and multi-channel platform to manage value-added services (VAS) and e-payments. From the EPAS protocols perspective of standardizing the electronic payment, VAS data management will be included in the current financial messages (CAPE – ISO 20022). In order to improve the process of card payment transactions through the delivery of new VAS was born the cooperation between EPASOrg and TITAN’s team. This cooperation would facilitate the examination and submission to ISO 20022 of data components related to the provision of added-value services meeting the requirements of those new contactless applications developed in the framework of the project. This is the principal and most entrepreneurial innovation concentrated on the integration of payment and VAS that draws attention to a new model delivering the VAS on a multi-application device used by both payment and VAS, during the same payment transaction. The latter result has led a Change Request to ISO in order to allow the extension to the VAS on the standard ISO 20022 related to card payment. The innovative model proposed is validated through a sample scenario and, finally, the conclusions summarize the next steps and underlines possible implications for future business and technological developments.

scholarly journals ANALISIS KINERJA KOPERASI DAN DAN DAMPAKNYA TERHADAP KESEJAHTERAAN ANGGOTA (Studi Pada Koperasi Usaha Manunggal Desa Seresam Kecamatan Seberida Kabupaten Indragiri Hulu)

2019 ◽  
Vol 8 (2) ◽  
pp. 244-256
Author(s):  
Aris Triyono ◽  
Suwaji Suwaji ◽  
Marwan Indra Saputra
Keyword(s):  
Business Performance ◽  
Family Income ◽  
Positive Impact ◽  
Descriptive Analysis ◽  
Economic Value ◽  
Value Added ◽  
Secondary Data ◽  
Added Value ◽  
Primary Data ◽  
Access To Credit

Cooperatives are not only expected to be able to produce residual business results in each period, investment activities carried out by cooperatives must be effective in producing positive added value, therefore cooperatives need to be managed as well as possible so that they can grow into a strong and independent organization, with the best performance and ability raise the welfare of its members. This research is in Kopsa. Manunggal Enterprises, Seresam Village, Seberida District, Indragiri Hulu Regency, Riau Province. The purpose of this research is to find out and analyze Cooperative Performance and Its Impact on Members' Welfare. This study used a quantitative descriptive approach, the data the authors use are primary and secondary data, primary data obtained through questionnaires distributed to research respondents to measure Cooperative Performance and Members' Welfare Levels, and secondary data obtained directly from Kopsa. Manunggal Enterprises in the form of financial statement documents. The analytical tool used to measure / assess financial performance with the viewpoint of Economic Value Added (EVA. Cooperative Performance is measured based on 6 (six) indicators of Cooperative Performance, namely: Business Entity Activities, Business Performance, Members' Cohesiveness and Participation, Orientation to Member Services, Services to the Community and contribution to Regional Development Welfare level is measured based on aspects of family income, expenditure on consumption, employment status, health conditions and the ability to access other basic needs.The results of descriptive analysis show Kopsa. Manunggal Enterprises including Cooperatives that are performing well, households Farmers who are members of Kopsa, Manunggal Enterprises are included in the welfare category and the regression analysis conducted shows that the regression coefficient is positive, meaning that there is a positive impact between Cooperative Performance and Welfare. The better the Cooperative Performance will have a positive impact on increasing yes the welfare of members, this can happen because of the monoculture community farming patterns where the main source of income of the village community, especially Kopsa members. Manunggal Business is a commodity of oil palm plantations managed by cooperatives, so the cooperative performance variable becomes very influential in influencing the ease of service, distribution of member income, access to credit and other ease of convenience.

scholarly journals HYPERTENSION

2015 ◽  
Vol 22 (02) ◽  
pp. 215-220
Author(s):  
Mamoona Mushtaq ◽  
Najma Najam
Keyword(s):  
Public Hospitals ◽  
Control Group ◽  
Monthly Income ◽  
Chi Square ◽  
The Public ◽  
Collection Data ◽  
Study Methodology ◽  
And Control ◽  
Relationship Of ◽  
The Relationship

Hypertension is a condition of the person in which blood pressure is chronicallyhigh. Hypertension is a leading factor to damage health and turn out many chronic conditionsin human body1. Objectives: To study the relationship of hypertension with psychologicalstates of anger, stress and anxiety and do they predict hypertension? Study Design: A corelational study. Methodology: Outdoor hypertensive patients (N = 200, men = 110, women= 90) between ages 30-65, and control group (N = 170, men = 90, women = 80), matchedwith age, gender and monthly income were taken from the public hospitals. STAXI (Spielberger,1988) and DASS (Lovibond & Lovibond, 1995) were used for data collection. Data analysis:Descriptive statistics, chi-square, logistic regression analyses were used. Results: Significantpositive correlation of hypertension with anger, stress and anxiety was found. Anger-control,anger-in, stress and anxiety emerged as strongest predictors of hypertension.

scholarly journals A Research on the Relationship between Knowledge Sharing and Employee Performance: The Moderating Role of Unethical Behaviors in Organizational Level

2016 ◽  
Vol 12 (4) ◽  
pp. 335 ◽  
Author(s):  
Yasin Aksoy ◽  
Evren Ayranci ◽  
Ebru Gozukara
Keyword(s):  
Knowledge Sharing ◽  
Positive Impact ◽  
Employee Performance ◽  
Organizational Level ◽  
Individual Level ◽  
The Public ◽  
Technological Advances ◽  
Unethical Behaviors ◽  
The Relationship

Technological advances in the 21st century raise the importance of the process of accessing and evaluating knowledge. Knowledge sharing is important in individual level as much as is in organizational level. Effective knowledge sharing among the members of an organization makes a positive impact on the realization of goals set by the organization. Knowledge sharing positively affects the performance of the employees who work to reach these goals. Moreover, in the study behaviors of the individuals communicating during the knowledge sharing process are classified as ethical and unethical. Increase in unethical behaviors decrease the effect of knowledge sharing on the employee performance. Unethical behaviors in an organization are classified as behaviors against shareholders, clients, suppliers, employees as well as against the public. This study examines the role of unethical behaviors on the effect of knowledge sharing on the employee performance in the organizational level.

scholarly journals The cost management approaches in trade industry

2019 ◽  
Vol 3 (3) ◽  
pp. 35-43
Author(s):  
Iryna Kvach
Keyword(s):  
Positive Impact ◽  
Cost Management ◽  
Unit Cost ◽  
Economic Value ◽  
Value Added ◽  
Added Value ◽  
Activity Based Costing ◽  
The People ◽  
Management Approaches ◽  
The Impact

Introduction. The current state of financial and economic government institutions negatively affects  Ukrainian budget execution, and the general trend of deterioration in the standard of living of the people, in general leads to low level of functioning of the enterprise and  their competitiveness, especially in such industry as trade. Aims and tasks. In the conditions of an unstable political and economic situation in commodity market and services to overcome disproportions between operating profit  of some commodity groups of trade enterprise and its added value which indicates depreciation of the capital  invested by owners not only doesn't provide compensation of investments, but also leads to losses because of inflationary processes therefore there is a need for the mutual integration of approaches of management of expenses for assessment. Results. The practical value of application of a method of Activity-based costing (ABC) and Economic Value Added (EVA) in management of expenses not only in creation of a system of accounting of expenses, but also and predictions through new approaches for the analysis for identification of unproductive fields of activity in value creation of a product is proved, including positively influences the growth of business activity for trade enterprises. In the field of innovative approaches the balanced system of indexes (BSI) and EVA methods harmoniously are integrated in processes of costs planning, management of them at the level of departments and in general are distributed among operation processes to responsible persons, which has a positive impact on maximizing capital cost of the enterprise. Conclusions. Application of methods of cost management as uniform system provides chance to distribute expenses on commodity groups and to define  goods which create added value gives the chance to settle the impact of minimum change of influence of a factor  on commodity turnover level due to decrease of unit  cost in life cycle of a product through the analysis of a point of profitability for increase in investment attractiveness.

scholarly journals Stakeholder Protection, Public Trust, and Corporate Social Responsibility: Evidence from Listed SMEs in China

2020 ◽  
Vol 12 (15) ◽  
pp. 6085
Author(s):  
Xiaohui Hou ◽  
Bo Wang ◽  
Yu Gao
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Negative Impact ◽  
Positive Impact ◽  
Public Trust ◽  
The Public ◽  
Medium Enterprise ◽  
Csr Disclosure ◽  
Corporate Social ◽  
The Relationship

In this paper, we investigate the effects of stakeholder protection and public trust on the corporate social responsibility (CSR) activities of listed enterprises on the Chinese Small and Medium Enterprise (SME) Board. We find that the degree of stakeholder protection has a significantly positive impact on SME CSR activities. The public trust is not associated with SME CSR disclosure significantly; it has a significantly negative impact on the SME implementation levels of CSR activities. Furthermore, the moderating effect of public trust on the relationship between the degree of stakeholder protection and SME CSR activities is not supported by our empirical study.

scholarly journals Optimizing nursing time in a day care unit: Quality improvement using Lean Six Sigma methodology

2019 ◽  
Author(s):  
Carmel Davies ◽  
Caroline Lyons ◽  
Regina Whyte
Keyword(s):  
Quality Improvement ◽  
Six Sigma ◽  
Day Care ◽  
Private Hospital ◽  
Positive Impact ◽  
Value Added ◽  
Lean Six Sigma ◽  
Added Value ◽  
Staff Satisfaction ◽  
Nursing Time

Abstract Objective This study applies Lean Six Sigma (LSS) to improve the efficiency of a private hospital day care unit and generate a positive impact on optimizing nursing time and improving personalized patient care and staff satisfaction. Design A prospective interventional study using pre- and post-evaluation. Setting A day care unit at a private hospital. Participants Nurses and patients from the day unit. Intervention(s) Define, Measure, Analyze, Improve and Control was used as an overarching problem-solving framework. All front line staff, clinical leaders and managers were supported as active change agents in the quality improvement (QI) initiative. Multiple interventions were adopted across the service that aimed to de-implement non-value added activities and enhance processes with activities that added value. Main outcome measures Patient turnaround times (PTTs), nursing time, nurse-patient ratio, nurse and patient survey. Results A post-implementation evaluation highlighted significant improvements in service performance and patient and staff satisfaction. Significant added value includes a reduction in PTTs, an increase in nursing care time and improvement in the nurse-patient ratio. Conclusion This project identified that utilizing LSS that relies on collaborative team effort is effective in creating a positive organizational culture for improvement and change. The Six Sigma tools and techniques provide evidence-based approaches that support QI in practice.

EU Regionalförderung: Reformen für die nächste Finanzperiode

2013 ◽  
Vol 62 (1) ◽  
Keyword(s):  
Absorptive Capacity ◽  
Added Value ◽  
Banking Union ◽  
Market Failures ◽  
Cohesion Policy ◽  
Structural Funds ◽  
Capacity Level ◽  
Private Investors ◽  
Economic Constraints ◽  
The Eu

AbstractIn their paper Peter Egger and Maximilian von Ehrlich summarize recent research on the effects of European regional policy. Results point to a positive effect of this policy on average. One Euro spent even tends to generate more than one Euro in return in terms of GDP. However, the response varies drastically across recipient regions. First of all, there is evidence of existence of an optimum funding ratio (funds allocated relative to recipient GDP) where one Euro invested generates one Euro of return. About 36 percent of the regions receive higher funding than that, where one Euro generates less than one Euro of return (and, eventually, no return at all). Second, there is evidence of a bigger return on investment in regions with higher absorptive capacity level - measured by human capital endowments and the quality of recipient institutions. Insufficient levels of absorptive capacity lead to a wash of the Union’s transfers. About 70 percent of the regions exhibit such an insufficient level of absorptive capacity.Friedrich Heinemann analyzes both, the reform needs and reform obstacles of EU cohesion spending. Although the empirical evidence is unable to substantiate an European added value, structural funds continue to absorb an increasing amount of resources. The analysis reveals several shortcomings of this policy: First, EU regional programs have neglected institutional constraints on the side of recipient countries and regions. Second, an inflation of policy objectives makes a clear performance measurement increasingly impossible. And third, through the inclusion of rich regions into its programs, cohesion spending has lost its focus. To tackle these shortcomings, a comprehensive reform package is recommended which includes new incentives on the financing side of the EU budget. Only increasing regional co-financing or other financing innovations can reduce disincentives from common pool-financing and overcome reform resistance. Without any such financing side reforms, merely some incremental reforms are consistent with political-economic constraints, he states.Werner Hoyer and Markus Brandt point out, that all in all, EU Cohesion policy has been a success. It has facilitated growth and jobs in less developed areas, contributing to their prosperity. However, convergence has slowed down significantly during the crisis. This puts even more pressure on safeguarding that cohesion policy generates optimal results to ensure lasting economic and social cohesion. Room for improvement has been identified. The delivery mechanisms can be improved; its territorial dimension strengthened; and its focus more firmly directed at supporting a resourceefficient economy, research, development and innovation.Even more important, the economic crisis in the EU has underscored the need for creating pan-European institutions, like the banking union, to complete the integration of financial markets. The recent substantial reforms of the EU’s economic architecture are aimed at creating an unprecedented level of integration that will allow private capital to flow more easily and more responsibly to the most productive and growth-enhancing investments in convergence regions. The unleashing of these market forces, combined with a reformed cohesion policy to efficiently address market failures where they exist, carries the potential to initiate a new success story in the convergence of living conditions in the EU.They emphasize that the EIB is committed to play an important role in this effort. It has already integrated the new smart and sustainable orientations of the Structural Funds and will strive to facilitate better alignment between its sector and regional objectives. Expanding and deepening the nature and scope of financial and non-financial instruments developed jointly with the European Commission will further improve the leverage effect of EU funding and help attract private investors.

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