scholarly journals TECHNOLOGICAL ENTREPRENEURSHIP OF SMALL AND MEDIUM BUSINESS IN THE REPUBLIC OF BULGARIA AS A FACTOR FOR SUSTAINABLE DEVELOPMENT

2013 ◽  
Vol 1 ◽  
pp. 91-96
Author(s):  
Angel Mirchev ◽  
Vesela Dicheva
Keyword(s):  
Sustainable Development ◽  
Small And Medium Enterprises ◽  
The Sustainable Development ◽  
Technological Entrepreneurship ◽  
The Republic ◽  
Definition Of ◽  
Medium Enterprises ◽  
Relationship Of ◽  
The Relationship ◽  
Small And Medium Business

In the context of deepening economic and social crisis the importance of small and medium enterprises in the Republic of Bulgaria is steadily increasing. They have provided significant number of jobs on the labour market and have created much of the gross domestic product of Bulgaria. Our thesis is that technological entrepreneurship is a factor for the sustainable development of small and medium business in the country as a whole and stimulates overcoming the crisis in the country. This research paper reviews the results of a study of the conceptual apparatus of technological entrepreneurship. Based on the results, the relationship of technological entrepreneurship with sustainable development of Small and Medium Enterprises in Bulgaria is determined. The author's conclusions and definition of technological entrepreneurship as a factor for sustainable development are made on the basis of the analysis of the development of Small and Medium Enterprises in key sectors of Bulgarian economy such as tourism, power engineering, transport and industry. An attempt has been made for taking defining measures for development stimulating the technological entrepreneurship in these sectors of the national economy.

scholarly journals Innovations and Other Processes as Identifies of Contemporary Trends in the Sustainable Development of SMEs: The Case of Emerging Regional Economies

2018 ◽  
Author(s):  
Krzysztof Malik ◽  
Anna Jasińska-Biliczak
Keyword(s):  
Sustainable Development ◽  
Emerging Economies ◽  
Small And Medium Enterprises ◽  
Regional Level ◽  
Regional Economies ◽  
The European Union ◽  
The Sustainable Development ◽  
Definition Of ◽  
Medium Enterprises ◽  
Implementation Of Innovations

Small and medium enterprises (SMEs) are the biggest group of enterprises in the European Union (EU); they are also characteristic for emerging economies. Given this situation, there is a need to provide instruments such as processes, which allows them to realize a model of sustainable development. The ability to classify processes and occurrences happening inside these processes often affects the condition of the enterprises. The implementation of innovations, as identified process, enables the directions of SME development towards sustainable development. The purpose of this article is to find out if the identification of processes such as innovations, have any influence on the competitiveness and sustainable development of SMEs. This study was based on pilot research, which examined small and medium enterprises at the regional level, at the example of Polish emerging economy region. It was researched under the angle of the identification of processes and changes happening inside enterprises in terms of understanding the sustainable development concept. Research composition allows to present an understanding by the SMEs of the problems analyzed. The novelty was in the new questionnaire, the definition of sustainable development, and matching those processes identified by the enterprises analyzed with the particular sustainable development dimensions suggested by the authors. In light of the analysis of the literature and the results of this research the important contributions of this study are as follows. This approach pointed the understanding and practical meaning of the identification of processes to be understood. The most important finding was that there is a need to make entrepreneurs aware of the fact that innovations are also processes in themselves, which often constitutes the sum of other supporting processes occurring in the enterprise. Support in the form of knowledge transfer from experts to SMEs would also be recommended.

scholarly journals The Comparison of Customer Relationship Management (Crm) in Czech Small and Medium Enterprises According to Selected Characteristics in the Years 2015, 2010 and 2005

2017 ◽  
Vol 65 (5) ◽  
pp. 1767-1777 ◽  
Author(s):  
Halina Starzyczná ◽  
Pavlína Pellešová ◽  
Michal Stoklasa
Keyword(s):  
Customer Relationship Management ◽  
Small And Medium Enterprises ◽  
Relationship Management ◽  
Customer Relationship ◽  
Customer Contact ◽  
Starting Point ◽  
Definition Of ◽  
Medium Enterprises ◽  
Relationship Of ◽  
The Relationship

The aim of the article is to present the results of the research in 2005 and 2015, respectively 2010, in the field of Customer Relationship Management (CRM). The subject of the research is CRM knowledge, CRM definition preference, customer contact level, and CRM results. The object of the research are the SMEs in the Moravian‑Silesian Region. A method of comparison of selected characteristics was used. Starting point is a brief theoretical discussion based on selected studies, including a brief genesis of research. Recent primary research using questionnaire survey addressed 736 respondents. Comparing the results of the research confirmed the growth of CRM skills between 2010 and 2015. In 2015, the first place in the preferences of the definition of CRM won the option A, meaning the creation of lasting relationships with customers, which delivers long‑term value to both parties to the relationship. The share of respondents who voted for it, was higher than in 2005. To compare the level of contact with customers, 4 ways of contacting them were selected. Adverse developments showed up for the customer records, higher was its randomness, which was not expected. More sophisticated ways of contacting customers confirmed a positive change, though not very significant. The most important result in 2005 and 2015 was the increase in the number of loyal customers, which contributes to the growth of profitability. In the end of the article, hypothesis about the relationship of the size of SMEs and CRM knowledge is confirmed by using logistic regression, and premises are verified about the comparison of results in various years. It turns out that the CRM can be beneficial for SMEs, so it should be implemented in its management system.

scholarly journals Small business and its place in promoting sustainable development

2021 ◽  
Vol 250 ◽  
pp. 06007
Author(s):  
Elena Korneeva ◽  
Natalia Skornichenko ◽  
Tatiana Oruch
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Small Business ◽  
Social Life ◽  
Small And Medium Enterprises ◽  
Global Climate ◽  
Global Changes ◽  
The Sustainable Development ◽  
Development Goals ◽  
Medium Enterprises

Sustainable development is becoming a very important issue in the 21st century. Facing global changes such as the global warming, global climate change, as well as other pressing issue, all spheres of economy and social life need to take part in mitigating them and preventing disasters from happening. Our article studies the role of the small business in the above processes and the place of the small business in promoting sustainable development through its actions, public and social awareness and responsibility. We show how even small and medium enterprises can become a decisive power in tackling the climate change and promoting green thinking and sustainable awareness. This can be achieved through enhancing social responsibility of business companies which can greatly contribute to supporting the Sustainable Development Goals (SDG) and promoting sustainable economic growth.

scholarly journals The Collapse of Venezuela vs. The Sustainable Development of Selected South American Countries

2019 ◽  
Vol 11 (12) ◽  
pp. 3406 ◽  
Author(s):  
Iván De la Vega ◽  
José Manuel Puente ◽  
Magaly Sanchez R
Keyword(s):  
Sustainable Development ◽  
Negative Influence ◽  
Data Envelopment ◽  
South American ◽  
The Sustainable Development ◽  
Quintuple Helix ◽  
Innovation Model ◽  
Hugo Chavez ◽  
Relationship Of ◽  
The Relationship

The purpose of the study is to examine the longitudinal trajectories of five selected South American countries in the period between 1990 and 2018, applying the Quintuple Helix Innovation Model (QHIM). The aim is to analyse the trends of each country through the relationship of its helices using indicators extracted from an international database in order to establish their articulation and synergies to go in search of sustainable development. Within this dynamic, Venezuela represents the axis country of the study and Argentina, Chile, Colombia, and Peru make up the group that allows the comparison. The research focuses attention on two periods of Venezuelan politics since they allow measuring the variations of the countries under study. The base year is 1996 and is called the pre-Hugo Chávez Frias (HCF) period; the cutoff year for the comparison is 2014 and is called the post-HCF period. The study is longitudinal and descriptive. For the analysis, the five knowledge subsystems (helices) of the QHIM were redefined in order to have precise concepts; a database was designed based on World Bank indicators that were later thematically related to each of the helices. The interrelationships between the helices of each country were also specified in order to determine which were the weakest and which had the most positive or negative influence. In order to calculate the percentage variation of the countries, the Data Envelopment Analysis (DEA) method was applied. In this sense, the most relevant finding is related to the decisions made in the last twenty years from the political helix in Venezuela because it deactivated and disarticulated the others, causing that country to collapse.

scholarly journals Acquiring International Knowledge and Experience: Internationalization of Small and Medium Enterprises (SMEs)

2011 ◽  
Author(s):  
Shankar CHELLIAH ◽  
Mohamed Zain Sulaiman
Keyword(s):  
Firm Size ◽  
Small And Medium Enterprises ◽  
Northern Region ◽  
Policy Makers ◽  
Firm Internationalization ◽  
International Knowledge ◽  
Medium Enterprises ◽  
Relationship Of ◽  
The Relationship ◽  
Different Levels

Purpose – This paper intends to understand the importance of acquiring international knowledge and experience and its relationship in the internationalization of Small and Medium Enterprises (SMEs) in the Malaysian context. Within this scope, this study sets out to further the discussion by comparing the global orientation of SMEs in Malaysia with their different levels of firm size. In a nutshell, the study further understands the moderating effect of firm size between the relationship of international knowledge and experience, and internationalization of SMEs.   Design/Methodology/Approach – The study is based on literature review in the areas of SMEs internationalization, international knowledge and experience, and the firm size. The data was collected using a survey instrument among 300 internationalized enterprises located in the northern region of Malaysia.   Findings – The results suggest that those firms that acquire international knowledge and experience have no significant relationship with firm internationalization. However, when firm size is used as a moderating factor, acquiring international knowledge and experience shows some importance for internationalization of firms. Interestingly, international knowledge and experience are important for relatively smaller firms. In other words, firm size is significant when relatively smaller SMEs acquire international knowledge and experience. It poses some implications for managers and policy makers.   Originality/Value – This study explores the use of the index of internationalization to measure the internationalization of SMEs in Malaysia.   Keywords: International knowledge and experience, index of internationalization, firm size.

scholarly journals Social Media Strategies on Brand Awareness at a Small Business Consultancy Firm in South Africa

2020 ◽  
Vol 14 (20) ◽  
pp. 4
Author(s):  
Tarisai F. Rukuni ◽  
Eugine Tafadzwa Maziriri ◽  
Tsepo Mofoka
Keyword(s):  
Social Media ◽  
Business Strategy ◽  
Small And Medium Enterprises ◽  
Theory And Practice ◽  
Brand Awareness ◽  
Use Of Social Media ◽  
Consultancy Firm ◽  
Medium Enterprises ◽  
The Relationship ◽  
Small And Medium Business

<p class="0abstract">Small and medium enterprises – including those in the business consultancy industry – are strategic for the development of the South African economy and for developing marginalised economies through employment creation and income generation. However, the existence of small and medium business consultancy firms is threatened by competitive pressure of multinational consulting firms such as the PricewaterhouseCoopers, McKinsey and KPMG [8]. Small and medium business consultancy firms need to adopt innovative strategies for survival. Appropriate use of social media strategies is one strategy that can be adopted by small and medium business enterprises to influence brand awareness and brand loyalty and to build a competitive edge. An inability to use social media as a business strategy results in poor brand awareness, a decrease in sales, and business closure. It is against this background that this study aimed to assess customers’ perceptions of social media strategies employed by the small and medium business consultancy firm, investigate the relationship between social media strategies and brand awareness, and evaluate the relationship between brand awareness. A quantitative descriptive research methodology, using a structured questionnaire was employed to collect data from a sample of 231 customers at the business consultancy. The Statistical Package for Social Sciences version 25 was employed to conduct descriptive and multivariate analysis, including mean, standard deviation, correlation and regression analysis. Findings indicated that customers had negative perceptions of social media strategies employed by the small and medium business consultancy firm. It was also found that social media strategies had a statistically significant positive relationship with brand awareness and brand acceptance. The research findings hold major implications for theory and practice.</p>

scholarly journals Conservation units seen as drivers of sustainable development in Brazil and their correlations with the 2030 Agenda

2021 ◽  
Vol 17 (2) ◽  
Author(s):  
Débora de Macêdo Medeiros ◽  
Rodrigo Guimarães de Carvalho
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Conservation Units ◽  
The Sustainable Development ◽  
Environmental Care ◽  
2030 Agenda ◽  
Sustainable Culture ◽  
Development Goals ◽  
Relationship Of ◽  
The Relationship

Thinking about sustainable development is increasingly necessary for the continuity of all species in the biosphere. Over time, natural resources become scarcer, enabling conflicts and wars to be generated. Thus, this study aims to show the relevance of conservation units as territories that are necessary and supported by Law 9,985/2000 for the promotion of a sustainable culture in the country. But also, the aim was to prove the relationship of conservation units with the Sustainable Development Goals, proposed by the United Nations in 2015. For this study, the bibliographic and documentary research technique was used. At the end of the analysis, we can observe that the existence of conservation units and knowledge about them stimulates economic development linked to environmental care, facilitating the maintenance of social homeostasis and ecosystems. In addition to being directly linked to the SDGs and the concern for current and future generations.

scholarly journals The Genesis of Innovation and Investment Policy in Terms of Technological Transformation of Agricultural Organizations

2020 ◽  
Vol 161 ◽  
pp. 01104
Author(s):  
Anna V. Shokhnekh ◽  
Sergey Y. Agapov ◽  
Yuliya.V. Melnikova ◽  
Irina B. Mironova ◽  
Karina V. Matvienko
Keyword(s):  
Sustainable Development ◽  
21St Century ◽  
Investment Policy ◽  
Technological Transformation ◽  
The Sustainable Development ◽  
Economic Trends ◽  
The Subject ◽  
Agricultural Organizations ◽  
Relationship Of ◽  
The Relationship

The relevance of the study of the genesis of theoretical and methodological foundations of the formation of innovative investment agricultural organizations’ policies appears under the pressure of technological transformation in the sustainable development of the economy. The beginning of the 21st century is marked by frequent cycles of both development and stagnation of economic trends. Disclosure of the transformation ontology involves identification of changes in all the functional processes of the studied object, including the relationship of the subject (active or passive activity) to objects and instruments of influence. Markers and indicators measuring the level of quality and the return efficiency of transformed objects are also subjects to changes.

scholarly journals People Make the Difference: An Explorative Study on the Relationship between Organizational Practices, Employees’ Resources, and Organizational Behavior Enhancing the Psychology of Sustainability and Sustainable Development

2019 ◽  
Vol 11 (5) ◽  
pp. 1499 ◽  
Author(s):  
Amelia Manuti ◽  
Maria Giancaspro
Keyword(s):  
Sustainable Development ◽  
Organizational Behavior ◽  
Psychological Capital ◽  
Small And Medium Enterprises ◽  
Organizational Outcomes ◽  
Organizational Practices ◽  
Organizational Resources ◽  
The Difference ◽  
Medium Enterprises ◽  
The Relationship

The most recent developments in the field of sustainability science and the emergence of a psychology of sustainability and sustainable development have contributed to collect evidences about the fact that modern organizations need healthy and motivated employees to survive and to prosper within this fast-moving scenario. In this vein, a confirmation to these evidences came from the abundant research on HEalthy and Resilient Organizations (HERO), showing that when organizations make systematic, planned, and proactive efforts to improve employees’ subjective resources then organizational processes and outcomes benefit in turn. Moving forward from these premises, the present study aimed to explore these assumptions within the context of small and medium enterprises (SMEs), investigating the relationships among the organizational practices, employees’ subjective resources, and organizational behaviors. Two hundred and thirty-six participants working in SMEs located in the south of Italy took part. They were invited to fill in a questionnaire investigating their perception of organizational resources and practices (autonomy, leadership, communication, organizational mindfulness, and commitment to resilience), of their individual resources (work engagement and psychological capital), and finally, of some organizational outcomes (extra-role behavior). Results showed that psychological capital was a significant mediator of the relationship between employees’ perception of the organizational resources and practices and extra-role behaviors. Concrete implications of these conclusions in terms of human resource management (HRM) are discussed together with limitations of the study and future developments.

scholarly journals Social Capital and its Impact on Business Performance of Small and Medium Enterprises of Sindh (Pakistan)

2020 ◽  
Vol V (I) ◽  
pp. 458-468
Author(s):  
Saqib Wahab Mahar ◽  
Ikhtiar Ali Ghumro
Keyword(s):  
Social Capital ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Sindh Province ◽  
Correlation Techniques ◽  
Medium Enterprises ◽  
Institutional Network ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

Social capital is a significant resource for Small and Medium-sized firms. Social Capital resources generate assets for firms which in turn contributes towards the performance of firms. The paper analyzes the relationship of Social Capital with SMEs Performance operating in Sindh. Research has investigated the impact of the personal, professional, associative, and institutional network towards performance. To attain the purpose of the paper, the data was gathered using a questionnaire from 395 entrepreneurs of SMEs of Sindh Province. The regression and correlation techniques are employed to evaluate the relationship and to investigate the hypothesis. Results revealed a significant relationship between Social Capital and Firms performance

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