scholarly journals Small and Medium Enterprises in Bolivia, a Look Back to the Future, 1900 - 2020

2022 ◽  
Vol 7 (1) ◽  
pp. 87-120
Author(s):  
Antonio Alcon Vila
Keyword(s):  
Growth And Development ◽  
Small And Medium Enterprises ◽  
Global Markets ◽  
Sources Of Information ◽  
Public And Private ◽  
Entrepreneurial Culture ◽  
Primary Products ◽  
Primary Literature ◽  
Medium Enterprises ◽  
Private Support

The main objective of this article is to analyze Bolivian small and medium enterprises (SMEs), their evolution, and their contribution to the country's economy. The globalization of markets is currently a reality to which companies are exposed for their survival, growth and development. In developing countries such as the plurinational State of Bolivia, this reality becomes more relevant due to the socioeconomic characteristics of the country, where the main economic activity is dependent on the export of non-renewable natural resources (natural gas and minerals), and to a lesser extent the export of primary products. In this context, the article shows that SMEs struggle to consolidate their position in local markets, and have a low participation in global markets. The article reviews relevant secondary and primary literature, and concludes that SMEs require public and private support to contribute to the promotion of entrepreneurial culture, enter into global production chains, develop technological and innovation capabilities, and achieve growth in a sustainable manner and with high levels of competitiveness. The research method used is the review of relevant primary and secondary bibliographic sources of information about the origins, evolution and current situation of SMEs in Bolivia, and about possible alternatives for growth and development.

scholarly journals Spatial Conditions Supporting Sustainable Development of Enterprises on Local Level

2021 ◽  
Vol 13 (4) ◽  
pp. 2292
Author(s):  
Aneta Ptak-Chmielewska ◽  
Agnieszka Chłoń-Domińczak
Keyword(s):  
Social Insurance ◽  
Small And Medium Enterprises ◽  
Local Level ◽  
Principal Component ◽  
Sources Of Information ◽  
Clustering Methods ◽  
Significant Information ◽  
The Status ◽  
Medium Enterprises ◽  
High Share

Micro, small and medium enterprises (MSMEs) represent more than 99% of enterprises in Europe. Therefore, knowledge about this sector, also in the spatial context is important to understand the patterns of economic and social development. The main goal of this article is an analysis of spatial conditions and the situation of MSMEs on a local level using combined sources of information. This includes data collected in the Social Insurance Institution and Tax registers in Poland, which provides information on the employment, wages, revenues and taxes paid by the MSMEs on a local level as well as contextual statistical information. The data is used for a diagnosis of spatial circumstances and discussion of conditions influencing the status of the MSMEs sector in a selected region (voivodeship) in Poland. Taxonomy methods including factor analysis and clustering methods based on k-means and SOM Kohonen were used for selecting significant information and grouping of the local units according to the situation of the MSMEs. There are eight factors revealed in principal component analysis and five clusters of local units distinguished using these factors. These include two clusters with a high share of rural local units and two clusters with a high share of rural-urban and urban local units. Additionally, there was an outstanding cluster with only two dominant urban local units. Factors show differences between clusters in the situation of MSMEs sector and infrastructure. Different spatial conditions in different regions influence the situation of MSMEs.

scholarly journals The nature of crowdfunding in China: initial evidence

2018 ◽  
Vol 12 (3) ◽  
pp. 300-322 ◽  
Author(s):  
Zaiyu Huang ◽  
Candy Lim Chiu ◽  
Sha Mo ◽  
Rob Marjerison
Keyword(s):  
Risk Sharing ◽  
Small And Medium Enterprises ◽  
New Ventures ◽  
Public And Private ◽  
Content Type ◽  
Regulatory Frameworks ◽  
Short Period ◽  
Key Issues ◽  
Using Data ◽  
Medium Enterprises

Purpose The purpose of this paper is to develop initial evidence about the nature and features of crowdfunding in China, given it is largely unregulated regulatory frameworks. Design/methodology/approach The paper used extensive desk research using data collected from the public and private sectors, after which the data was analyzed parallel to existing academic literature, that is, institutional context by Bruton et al. (2014). This paper uncovered patterns of development, profiling crowdfunding platforms, examining the regulatory landscape and providing antecedents of successful crowdfunding projects in China. Findings When the traditional financial markets are hard to reach, micro, small and medium enterprises (MSMEs) were starved for capital. Crowdfunding can play a major role in funding and risk sharing. It is an innovative and dynamic vehicle for MSMEs as well as enthusiastic investors in China. Since its initial introduction to China in 2009, crowdfunding has gained substantial popularity in a relatively short period. Currently, there is still not an identifiable guideline on how to delineate the significance of the crowdfunding platform. The development of crowdfunding in China faces a few unresolved key issues. As researchers exploring this phenomenon in new ways, crowdfunding platforms can be enhanced in a manner that benefits the capital seeker, investors and society as a whole. Originality/value There is a dearth of information on start-up crowdfunding in Asia. With little data available to analyze, so this paper hopes to contribute to knowledge and provide valuable information to researchers and industry representations. Crowdfunding represents a potentially disruptive change in the way that new ventures are funded. This paper represents an initial analysis in the study of new ventures in China. Finally, the authors provide recommendations for entrepreneurs, investors and policymakers as well as researchers and practitioners with suggestions about yet unexplored avenues of research.

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.

scholarly journals Small and Medium Enterprises SMEs Role in Creating Employmentopportunities in Pakistan: A case Study of Sindh

2016 ◽  
Vol 11 (1) ◽  
pp. 2598-2614
Author(s):  
Muhammad Salih Memon ◽  
Muhammad Munir Ahmadani ◽  
Dr.Anwar Ali Shah G.Syed ◽  
Faiz M.Shaikh ◽  
Dr.Khalid Shaikh
Keyword(s):  
Resource Allocation ◽  
Poverty Alleviation ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
New Products ◽  
Entrepreneurial Culture ◽  
Self Help ◽  
Employment Sector ◽  
Medium Enterprises

This research investigates the role of  Small& Medium Enterprises in creating  Employment sector with reference to Sindh. Data were collected from 200 respondent from 40 organizations by using simple random technique.  A structural questionnaire was developed to get reliability of the Data.  Data were analyze by using SPSS-18 version. It was revealed that SMEs are the major source of foreign exchange earnings, SMEs have a major contribution in Pakistan’s GDP, A known feature of SME sector is its ability to create jobs, SMEs maintain the poverty alleviation activities through creating employment, SMEs assist in fostering a self-help and entrepreneurial culture,SMEs boost up an entrepreneurial strength which puts forward flexibility in the economy, SMEs are more capable in resource allocation as compared to large scale industries, SMEs in general consider employees as their most important resources, SMEs are pioneer in developing new products and services and finally SMEs are in general very quality minded in the products and services they provide.

scholarly journals Smes (Something More for Every One)

2007 ◽  
Vol 6 (1) ◽  
pp. 56-85
Author(s):  
Geetha Rajaram ◽  
Sreeveena .
Keyword(s):  
Gross Domestic Product ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Action Plan ◽  
New Products ◽  
Technical Skills ◽  
Global Markets ◽  
The Third ◽  
Employment Generation ◽  
Medium Enterprises

"Good things in Life begin small.................... SMEs (Something More for Everyone)" The small businesses in India are big nowadays. The small and medium enterprises (SME) sector in India is undergoing a 'Big Transformation' riding on the government's recognition of its significance, in terms of its contribution to the GDP and its huge potential for employment generation. A significant observation indicates that during the last 14 years of a liberalized regime, the country has seen phenomenal growth in the SME sector. Developing and venturing into the new products, diversifying their businesses and services by adopting new technical skills and thereby improving productivity has been the overall action plan for this ever multiplying closet. Over the years, the SSI sector in India has continued to remain an important sector of the economy with its noteworthy contribution to the gross domestic product, industrial production, employment generation and exports. As per the Third All India Census of SSIs (2001-02), there were 10.52 million SSI units in the country, of which 1.37 were registered and 9.15 unregistered units. For the year March 2004, the said number increased to 11.52 million, providing employment to 27.40 million persons and contributing an output of over Rs.3, 480 billion in FY2004. As a result of globalization coupled with the WTO regime, Indian SMEs are beginning to show a sign of steady transformation with the industry undergoing a sweeping change in its entirety.The SME sector in India is highly hetero geneous comprising of tiny unorganized enterprises to modern and more organized factories at the higher end of the spectrum. The rapidly increasing globalization of the Indian economy has been providing enormous opportunities for the small and medium enterprises in India to enhance their business. This paper attempts to find how SMEs could capitalize on such opportunities and the need to grapple with fierce competitionino verseas markets increasingly, which is becoming more challenging with realignment and coming together of global markets after liberalization.

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

Impact of ICT Adoption on Small and Medium Enterprises in Ilala District, Dar Es Salaam, Tanzania

2021 ◽  
pp. 13-34
Author(s):  
Masese Benard
Keyword(s):  
Correlation Coefficient ◽  
Growth And Development ◽  
Small And Medium Enterprises ◽  
Strong Relationship ◽  
Dar Es Salaam ◽  
Pearson’S Correlation ◽  
Pearson’S Correlation Coefficient ◽  
Pearson's Correlation ◽  
Medium Enterprises ◽  
Pearson's Correlation Coefficient

ICT plays a critical role in the growth and development of SMEs. Tanzania is a developing country where small and medium enterprises (SMEs) are perceived as the engine of growth, yet they have not attained the expected level. The adoption of ICT enables the SMEs to be more competitive. ICT plays a very important role in the current knowledge economy. The ICT sector presents a tremendous opportunity for economic growth. If ICT is adopted, it will significantly improve the performance and productivity of SMEs. The problem facing most of the SMEs is partial or non-adoption of technology. They have to adopt ICT in order to remain competitive and be competitive. The study investigates how the adoption of ICT could contribute to the success of small and medium enterprises (SMEs), examines impact of information and communication technologies in small and medium enterprises growth and development. Technology acceptance model was adopted by the researcher. The case study and cross-sectional survey research design was used to generate data. This is because with such a design it is easy to collect data in a short period of time from many respondents. The researcher used questionnaires to gather data from SMEs institutions covering Ilala district in Dar es Salaam, Tanzania. The researcher used the sample size of 82 respondents. Simple random sampling was used in sampling SMEs in Ilala district. The data collected from the survey was analyzed using simple percentage, mean, standard deviation, and regression analysis. The results show that T1 and T3 Pearson's correlation coefficient(r) equals .231*, indicating a strong relationship in terms of correlation. p< .037 and indicates that the coefficient is significantly different from 0. We can conclude that there is correlation between T1 and T3. In particular, it seems that the more the use of computer network it stimulates the growth and development of the SMEs (r = .231, p <.037). Also T1 and T2 Pearson's correlation coefficient(r) equals .196*, indicating a strong relationship in terms of correlation. p< .077 and indicates that the coefficient is significantly different from 0 (r = .196, p <.077). ICT has great potential in the growth and development of SMEs which is still untapped in Ilala district. The adaption of ICT in SMEs business has helped to transform business to another level, sharpen market intelligence, improve efficiency, reduce supply chain from B2C, B2B, and increase customer satisfaction.

Evolution of the Firm Structure in the Post-COVID-19 Era

2021 ◽  
pp. 245-266
Author(s):  
Yigit Aydogan
Keyword(s):  
Stock Market ◽  
Small And Medium Enterprises ◽  
Economic Effects ◽  
Public And Private ◽  
Public Response ◽  
The Public ◽  
Firm Structure ◽  
Policy Responses ◽  
Medium Enterprises ◽  
Opening And Closing

In this chapter, small and medium enterprises in Turkey have been analyzed in a timely manner to provide insight into their post-COVID-19 performance. The analysis starts with a snapshot of the firm structure and firm size distribution in Turkey. A brief overview of the course of the COVID-19 pandemic in Turkey has been provided. The policy responses to the economic effects of the health crisis have been discussed. SMEs' medium-term dynamics have been tabulated using the data of opening and closing firms during the first months of the pandemic. Several surveys conducted with SMEs during the pandemic by public and private organizations have been combined to match the business owners' expectations to policy responses. To assess the public response to the shock and the solutions, the stock market performance of SMEs has been compared with large firms using stock market indices of XKOBI, XPGIP, and XU100.

Sign in / Sign up

Export Citation Format

Share Document