The Industrial Research and Development Profile of the MSME s Sector in India

2021 ◽  
pp. 097084642110433
Author(s):  
Mehak Majeed ◽  
Javaid Iqbal Khan ◽  
Saeed Owais Mushtaq ◽  
Zahid Gulzar Rather
Keyword(s):  
Research And Development ◽  
Industrial Policy ◽  
Growth And Development ◽  
Industrial Development ◽  
Small And Medium Enterprises ◽  
National Level ◽  
Average Output ◽  
Annual Survey ◽  
Current Article ◽  
Medium Enterprises

The process of research and development (R&D) is characterised by improvisation, improvement and innovation based on information, knowledge and experimentation. It is the key to modern industrial development. Theoretically, firms are supposed to invest in R&D in order to enhance their existing offering and stay in business, given the competitive globalised market. The Indian economy is characterised as one of the growing global economies. Industrialisation process in India is dominated by the micro, small and medium enterprises (MSMEs). A low level of operation keeps these firms on a small budget, thus making the sector non-conducive in conducting firm-specific R&D. The current article is an empirical elucidation of the MSMEs’ industrialisation process in light of industry-specific R&D. The study is based on the Annual Survey of Industries data, analysing the national-level industrialisation process for 3 years from 2016 through 2018. The article finds that the overall MSME sector-specific R&D atmosphere in the country is not satisfactory. There is no correlation and symmetry between the level of industrialisation across states, average output and the R&D process. The findings of the article recommend a change in the industrial policy with a focus on the growth and development of industry-specific R&D.

scholarly journals Framework and Development of Malaysian Business Ethics Module

2018 ◽  
Vol 56 ◽  
pp. 04004
Author(s):  
Khalidah Khalid Ali ◽  
Mohd Nizam Mohd Ali ◽  
Siti Aisyah Panatik ◽  
Abdul Rahman
Keyword(s):  
Economic Growth ◽  
Business Ethics ◽  
Open Economy ◽  
Small Businesses ◽  
Industrial Development ◽  
Small And Medium Enterprises ◽  
National Level ◽  
The Government ◽  
Governmental Institutions ◽  
Medium Enterprises

Malaysia is striving to be a developed nation by the year 2020 as well as realize the aspirations of Dasar Transformasi Nasional within an open economy supporting globalization. The government, through its socio-economic and development policies has been promoting entrepreneurship and small businesses to sustain the nation’s economic growth in a challenging competitive global ecosystem. Small and medium enterprises (SMEs) play a vital role in the Malaysian economy and are considered to be the backbone of the nation’s industrial development. Latest statistics show that 99.6% of local businesses are micro, small and medium enterprises. As much as they play an important role in driving the nation’s economic growth, a quantitative research study by the Malaysian Ministry of Domestic Trade, Cooperatives and Consumerism, Integriti Malaysia and Universiti Teknologi Malaysia in 2014 has significantly found that ethics has not been comprehensively applied in the conduct of small and micro-businesses in Malaysia. In addition, these businesses lack exposure to ethics training and education. As business ethics is important to sustain customers’ loyalty, avoid legal suits as well as drive foreign direct investment for the nation’s economic and societal wellbeing, there is a critical need to educate small and micro-businesses on ethics. Consequently, a collaborative government-academic national level research project was initiated in mid-2017 to develop a Malaysian business ethics module, Etika Perniagaan Malaysia (EPM) to address this gap. This paper shares the framework, method and content development of the business ethics module to establish and train the Professional Practitioners Group (PPG) from public and private institutions as well as related non-governmental institutions to impart business ethics knowledge to small and micro-businesses in Malaysia through active learning methods. The module hence aspires to create consciousness on the importance of ethics and its application in business for economic and social sustainability.

scholarly journals THE ANALYSIS OF FINANCIAL AND NON-FINANCIAL SUPPORT TO THE SECTOR OF SMALL AND MEDIUM ENTERPRISES IN THE REPUBLIC OF SRPSKA

2015 ◽  
Vol 1 (10) ◽  
pp. 89
Author(s):  
Boban Sašić
Keyword(s):  
Financial Support ◽  
Growth And Development ◽  
Quantitative Research ◽  
Small And Medium Enterprises ◽  
Research Problem ◽  
Business Activity ◽  
Financial Instruments ◽  
Business Climate ◽  
The Republic ◽  
Medium Enterprises

The aim of this paper is to analize the role and importance of financial and non-financial instruments of supporting the sector of small and medium enterprises (SMEs) in the Republic of Srpska (RS). For that purpose, in late 2013 and early 2014, there was conducted a quantitative research on a sample of 110 respondents on the whole territory of RS, with the aim of finding the answers to the following question: What is the reason that a large number of SMEs in RS fail to provide adequate financial and non-financial support to their business activity and what measures should be taken in order to improve the current situation? In order to specify the research problem, we ask ourselves if the existing instruments of financial and non-financial support to the sector of SMEs in the RS are sufficiently developed and accessible, as to contribute to the successful growth and development of the said enterprises? We found that the above mentioned instruments of support to the SME sector in RS are not sufficiently developed. Respondents were acquainted with the sole instruments and models of financial and non-financial support that exist in RS. According to the results of the empirical research, we conclude that creating and mastering the models and instruments of financial and non-financial support to SME sector in the RS and providing the adequate business climate for their successful functioning, will increase the availability of favourable financial means for SMEs, as well as the possibility of using the positive aspects of clusters, guarantee funds, factorings and other forms of entrepreneurship infrastructure.

scholarly journals MSMEs as Engine of Economic Growth in Nigeria: Challenges and Prospects of Scalability

2018 ◽  
Vol 2 (1) ◽  
pp. 1-10
Author(s):  
Emmanuel Okokondem Okon
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Business Environment ◽  
Technological Systems ◽  
Economic Growth And Development ◽  
Area Of Concern ◽  
Medium Enterprises ◽  
A Company

Growing or expanding the Micro, Small and Medium Enterprises (MSMEs) sector of the economy is one key strategy to achieve economic growth and development. Micro, Small and Medium Enterprises (MSMEs) scalability (growth or expansion) have become an area of concern for economic growth in developing economies. People use the term in reference to computer or other technological systems, but those in business also use the word to describe the adaptability of a company (Thibodeaux, 2015) in today‘s fast-paced business environment where the focus on customer satisfaction is at an all-time high. This article discusses the concept of scalability as it relates to business and non-scalable components of business process as well as the importance of being scalable. It also looked at some of the challenges and practices that prevent effective scalability of MSMEs in Nigeria and the way forward.

The Impact of Globalization on Development of MSMEs

2021 ◽  
Vol 2 (1) ◽  
pp. 46-60
Author(s):  
Rama Mohana Rao Katta ◽  
Chandra Sekhar Patro
Keyword(s):  
Small And Medium Enterprises ◽  
National Level ◽  
Work Conditions ◽  
Firm Level ◽  
Market Opportunities ◽  
Growing Economy ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

Globalization has been a significant force in the development of the market and economic environments. The micro, small, and medium enterprises (MSMEs) need to focus on technological capabilities to face the competition in the globalized market. They have to analyze the market opportunities in the rapidly growing economy as well as emerging markets. The aids of a globalized and digital economy depends to an excessive extent on favourable business environments and healthy competition. The performance of MSMEs depends on accessibility to various strategic resources like abilities, technical know-how, innovativeness, and finance. Thus, it is imperative to consider the factors influencing work conditions firm level, and the strategies formulated at the national level are organized to local business perspectives. This paper examines the global scenario of MSMEs, the impact of globalization, the role of MSMEs in India, the growth perspectives of MSMEs during the pre-and post-globalization period, the critical challenges, and the role of the government in encouraging and developing MSMEs.

scholarly journals SIG Lokasi UMKM Berbasis Android

2020 ◽  
Vol 2 (2) ◽  
pp. 52-59
Author(s):  
Moh Rizal Pakaya ◽  
Olha Musa ◽  
Jorry Karim ◽  
Syahrir Abdussamad
Keyword(s):  
Information Systems ◽  
Research And Development ◽  
Small And Medium Enterprises ◽  
Test Case ◽  
Development Method ◽  
The Public ◽  
Cyclomatic Complexity ◽  
Medium Businesses ◽  
Medium Enterprises ◽  
G 14

Dinas Koperasi dan Usaha Mikro, Kecil dan Menengah Kabupaten Gorontalo sebagai unit pelaksana tugas daerah yang memiliki tugas untuk melakukan pembinaan dan pengembangan usaha mikro, kecil dan menengah di Kabupaten Gorontalo. Dalam melaksanakan tugas tersebut melakukan berbagai kegiatan salah satunya adalah melakukan pendataan usaha mikro, kecil dan menengah serta mensosialisasikan ke masyarakat. Dalam artikel ini, permasalahan yang timbul adalah belum tersedianya sistem informasi yang memadai kepada masyarakat tentang usaha mikro, kecil dan menengah sehingga masyarakat mengalami kesulitan mengetahui lokasi dari usaha kecil dan menengah. Tujuan dari artikel ini adalah merancang sistem informasi geografis untuk menentukan lokasi usaha mikro,  kecil dan menengah berbasis android yang dapat diakses oleh masyarakat sehingga dapat memudahkan masyarakat mengetahui lokasi dari usaha mikro, kecil dan menengah yang ada di Kabupaten Gorontalo dan dapat diakses oleh masyarakat yang membutuhkan layanan informsi secara global. Artikel ini menggunakan metode Research and Development atau yang  dikenal dengan metode penelitian dan pengembangan. Hasil pengujian dengan menggunakan test case membuktikan bahwa pengembangan sistem  informasi geografis untuk menentukan lokasi usaha mikro, kecil dan menengah berbasis android ini lebih efektif dan efisien dengan pengujian yaitu V (G)=  14 – 12 + 2 =  4; V (G) =  3 + 1 =  4; dan Cyclomatic Complexity (CC) = R1, R2, R3, R4 = 4.                   Kata Kunci: SIG, UMKM, Android                          The Office of Cooperatives and Micro, Small and Medium Enterprises in Gorontalo as a regional task implementing unit that has the task of developing and developing micro, small and medium businesses in Gorontalo Regency. In carrying out this task, a number of activities are carried out, one of which is collecting data on micro, small and medium enterprises and to socialize to the community. In this article, the challenge that arises is the unavailability of an adequate information system for the community about micro, small and medium enterprises so that people have difficulty understanding the location of small and medium businesses. The purpose of this article is to discuss geographic information systems to determine the location of android-based micro, small and medium businesses that can be accessed by the community so that it can make it easier for the public to find out the location of micro, small and medium businesses in Gorontalo District and can be accessed by people who need it global information services. This article uses the Research and Development method or what is known as the research and development method. The test results using test cases prove the development of information systems to determine the location of micro, small and medium businesses based on Android is more effective and efficient with testing namely V (G) = 14-12 + 2 = 4; V (G) = 3 + 1 = 4; and cyclomatic complexity (CC) = R1, R2, R3, R4 = 4.     Keywords: GIS, UMKM, Android

scholarly journals Internationalization of Small and Medium Enterprises in Indian Business Incubators

2019 ◽  
Vol 8 (2) ◽  
pp. 971-980 ◽  
Keyword(s):  
Social Capital ◽  
Foreign Trade ◽  
Human Resource ◽  
Growth And Development ◽  
Small And Medium Enterprises ◽  
Performance Funding ◽  
Internationalization Process ◽  
Review Of Literature ◽  
Business Incubation ◽  
Medium Enterprises

The purpose of this paper is to study whether business incubation can contribute to the Small and Medium Enterprises (SME) internationalization. As the main objective of BI is to increase the survival of new firms, to achieve this goal they need to support them in foreign trade for their rational growth and development which will make them to succeed in their contribution of entrepreneurship development. In this globalized environment, it is becoming necessary to do business worldwide especially, to protect the firms from resource adequacy. In this study, we analysed few empirical research related to SME internationalization with a perspective to identify the available antecedents and outcomes which would make the enterprises beneficial as well as to become sustainable in the market. While, many past studies have measured the services of incubation with various factors like network, social capital, firm’s performance, funding, human resource, etc., there are very few studies that has looked into the process of internationalization of incubated firms. Hence, there is a need for review of literature in this context, to find out the consequences of BI towards internationalization and the survival of the SMEs, which is its ultimate goal. It is also useful for the researchers to build a framework with respect to the measurement of business incubation internationalization process. Finally, this review fills the existing gap in the field of internationalization of SME under business incubation

scholarly journals Globalization Of Entrepreneurship: Overwhelming Institutional Response In Favor Of SMEs In India

2011 ◽  
Vol 8 (3) ◽  
Author(s):  
Sivakumar Venkataramany ◽  
Daniel Fox
Keyword(s):  
Commercial Banks ◽  
Small And Medium Enterprises ◽  
National Level ◽  
Small Scale ◽  
Entrepreneurial Firms ◽  
Institutional Response ◽  
Federal Level ◽  
Lending Institutions ◽  
Medium Enterprises ◽  
Small Scale Industries

Indias approach to the promotion of entrepreneurial firms is unique, and to some extent, overwhelming. The country has a dedicated ministry for small scale industries at the federal level supported by several agencies at federal and state levels. Besides, numerous commercial banks, regional rural banks, urban and cooperative credit lending institutions participate in funding the micro, small, and medium enterprises. Such an effort, though seemingly superfluous, is the dire need for a country to enhance the competitiveness of entrepreneurial firms in order to unite them under an organized structure and integrate their operations into that of major global firms. Three national-level Entrepreneurship Development Institutes are engaged in skill development. This paper offers a critique of the present policy with regards to the SMEs with a prospective outlook into their future.

scholarly journals Influence of outliers on some multiple imputation methods

2010 ◽  
Vol 7 (1) ◽  
Author(s):  
Claudio Quintano ◽  
Rosalia Castellano ◽  
Antonella Rocca
Keyword(s):  
Missing Data ◽  
Multiple Imputation ◽  
Strong Influence ◽  
Survey Design ◽  
Small And Medium Enterprises ◽  
Imputation Methods ◽  
Annual Survey ◽  
Before And After ◽  
Design Characteristics ◽  
Medium Enterprises

In the field of data quality, imputation is the most used method for handling missing data. The performance of imputation techniques is influenced by various factors, especially when data represent only a sample of population, for example the survey design characteristics. In this paper, we compare the results of different multiple imputation methods in terms of final estimates when outliers occur in a dataset. Consequently, in order to evaluate the influence of outliers on the performance of these methods, the procedure is applied before and after that we have identified and removed them. For this purpose, missing data were simulated on data coming from sample ISTAT annual survey on Small and Medium Enterprises. MAR mechanism is assumed for missing data. The methods are based on the multiple imputation through the Markov Chain Monte Carlo (MCMC), the propensity score and the mixture models. The results highlight the strong influence of data characteristics on final estimates.

scholarly journals Strategi Pengembangan Teknologi Pengolahan Sagu pada UMKM di Provinsi Riau

2020 ◽  
Vol 5 (6) ◽  
pp. 229
Author(s):  
Gevisioner Gevisioner ◽  
Candra Sari Mutiara
Keyword(s):  
Industrial Development ◽  
Swot Analysis ◽  
Small And Medium Enterprises ◽  
Group Discussions ◽  
Product Packaging ◽  
Production Space ◽  
Product Technology ◽  
The Right ◽  
Medium Enterprises

The community and industry have been developing sago products. However, the downstream industrial development of sago products carried out by the community is still very limited, both in terms of type and quality. The aim of this study was to formulate strategies and policies for the development of technology for downstream sago products, especially sago noodles. The study was conducted in the Meranti Islands District in 2019, with a sample of 40 sago noodle micro, small and medium enterprises (MSMEs). Data collection was carried out by means of surveys and focus group discussions (FGD). Data analysis using SWOT analysis. The results of the research found that the majority of sago processing technology was still traditional and semi-modern and 87.5% of the sago noodle product quality was not good. Efforts to organize the production space according to product hygienic sanitation standards and improve sago noodle product packaging technology are the right strategies to improve the quality of sago noodles. Therefore the policy of developing sago noodle downstream product technology is implemented by Building supporting facilities for the smooth running of the sago noodle business, such as providing clean and proper water facilities for processing sago noodles, Providing socialization, and improving the quality of human resources regarding quality and sago noodle packaging.

Business Plan and Industrial Development

2021 ◽  
pp. 231-253
Author(s):  
Galinoma Gahele Lubawa
Keyword(s):  
Industrial Development ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Business Plan ◽  
Government Support ◽  
Integrated Planning ◽  
Business Plans ◽  
Planning Framework ◽  
Medium Enterprises ◽  
Working Standards

Writing of business plans ensures performance of a business and contributes to enabling countries to achieve sustainable development goals (SDGs). The latter are intended, in part, to promote industrialization, and improved human living and working standards. This chapter identifies and analyses the importance of business plan for family-owned food processing small and medium enterprises (Fo-SMEs). It advocates for the establishment of an “integrated planning” strategy to link Fo-SMEs and government support system for business development. Business-planning forecasts industrial production based on consumers' demands. Integrated planning ensures sustainability of Fo-SMEs, farmers' economic growth, and consequent achievement of SDGs. Tanzania Fo-SMEs serve as a useful lesson for developing economies. Future studies should consider Fo-SMEs' succession planning framework.

Sign in / Sign up

Export Citation Format

Share Document