Technological innovations in Indian Small and Medium Enterprises (SMEs) sector: does firm size matter?

2006 ◽  
Vol 3 (5) ◽  
pp. 499 ◽  
Author(s):  
M.H. Bala Subrahmanya
Keyword(s):  
Firm Size ◽  
Small And Medium Enterprises ◽  
Technological Innovations ◽  
Medium Enterprises ◽  
Size Matter

scholarly journals Corporate parents, initial legitimacy, and resource acquisition in small and medium firms: An empirical examination

2011 ◽  
Vol 14 (1) ◽  
pp. 23-34 ◽  
Author(s):  
Gregory Murphy ◽  
Neil Tocher
Keyword(s):  
Firm Size ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Empirical Test ◽  
Resource Acquisition ◽  
The Internet ◽  
Empirical Examination ◽  
Credit Scores ◽  
Medium Enterprises ◽  
Medium Firms

Small and medium enterprises (SMEs) commonly struggle to acquire needed financial, human, and technological resources. The above being stated, recent scholarly research argues that SMEs that are able to successfully navigate the legitimacy threshold are better able to gather the resources they need to survive and grow. This article provides an empirical test of that claim by examining whether the presence of a corporate parent positively influences SME resource acquisition. Results of the study show that SMEs with corporate parents, when compared to like-sized independent SMEs, have higher credit scores, have more complete management teams, use more computers, and are more likely to be on the Internet. These differences are most pronounced for very small firms and diminish in significance as firm size increases. Study implications include the notion that presence of a corporate parent likely represents a successful navigation of the legitimacy threshold, positively increasing SME resource acquisition.

scholarly journals Innovation and Firm Performance: The Moderating and Mediating Roles of Firm Size and Small and Medium Enterprise Finance

2020 ◽  
Vol 13 (5) ◽  
pp. 97 ◽  
Author(s):  
Ploypailin Kijkasiwat ◽  
Pongsutti Phuensane
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Partial Least Square ◽  
Least Square ◽  
Financial Capital ◽  
Medium Enterprise ◽  
Medium Enterprises ◽  
The Impact

This study examines the moderating effect of firm size on the relationship between innovation and firm performance of small and medium enterprises in 29 countries in Eastern European and Central Asia. The study also investigates whether the impact of innovation in products and processes on firm performance is affected by financial capital. The method applied is partial least square structural equation modelling. The findings indicate that firm size and the financial capital both moderate and mediate the impact of innovation on firm performance, positively or negatively. The findings have implications for decision makers by highlighting the significance of firm size and financial sources when planning to introduce innovations to enhance firm performance.

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.

Strategic approaches in Australian SMEs: Deliberate or emergent?

2012 ◽  
Vol 18 (1) ◽  
pp. 98-122 ◽  
Author(s):  
Retha Wiesner ◽  
Bruce Millett
Keyword(s):  
Strategic Management ◽  
Empirical Research ◽  
Firm Size ◽  
Small And Medium Enterprises ◽  
Business Plan ◽  
Strategic Thinking ◽  
Tertiary Institutions ◽  
Medium Enterprises ◽  
Strategy Making

AbstractThe aim of this paper is to determine whether Australian SMEs could be characterised as ‘deliberate’ or ‘emergent’ in their strategic approaches. More specifically, surveying 1230 Australian SMEs, this paper focuses on answers to the following questions: What is the nature and prevalence of strategic practices in Australian SMEs? and to what extent does firm size differentiate the patterning and prevalence of strategic practices? The findings add to the little empirical research showing the principal activities and tools that comprise the strategic practices undertaken in Australian SMEs. Overall, and in both small and medium enterprises respectively, strategic thinking and action seem to be undertaken with the use of a framework of a written business plan which is in line with the ‘deliberate’ approach; however few sophisticated strategy making techniques were employed. Researchers and practitioners may find it valuable to develop tools that will naturally suit SME firms so that these tools can be of more value. Academics and tertiary institutions will be well advised to develop strategic management courses which also specifically focus on more emergent approaches designed for smaller firms including specially developed techniques and tools that are less time-consuming and expensive to use and more suited to smaller firms. This would enable SMEs to expand the range of strategy making tools they employ.

Strategic approaches in Australian SMEs: Deliberate or emergent?

2012 ◽  
Vol 18 (1) ◽  
pp. 98-122 ◽  
Author(s):  
Retha Wiesner ◽  
Bruce Millett
Keyword(s):  
Strategic Management ◽  
Empirical Research ◽  
Firm Size ◽  
Small And Medium Enterprises ◽  
Business Plan ◽  
Strategic Thinking ◽  
Tertiary Institutions ◽  
Medium Enterprises ◽  
Strategy Making

AbstractThe aim of this paper is to determine whether Australian SMEs could be characterised as ‘deliberate’ or ‘emergent’ in their strategic approaches. More specifically, surveying 1230 Australian SMEs, this paper focuses on answers to the following questions: What is the nature and prevalence of strategic practices in Australian SMEs? and to what extent does firm size differentiate the patterning and prevalence of strategic practices? The findings add to the little empirical research showing the principal activities and tools that comprise the strategic practices undertaken in Australian SMEs. Overall, and in both small and medium enterprises respectively, strategic thinking and action seem to be undertaken with the use of a framework of a written business plan which is in line with the ‘deliberate’ approach; however few sophisticated strategy making techniques were employed. Researchers and practitioners may find it valuable to develop tools that will naturally suit SME firms so that these tools can be of more value. Academics and tertiary institutions will be well advised to develop strategic management courses which also specifically focus on more emergent approaches designed for smaller firms including specially developed techniques and tools that are less time-consuming and expensive to use and more suited to smaller firms. This would enable SMEs to expand the range of strategy making tools they employ.

scholarly journals ORGANISATIONAL CHANGE IN THE INNOVATING FIRM: SIZE, R&D AND SECTOR EFFECTS

2019 ◽  
Vol 24 (05) ◽  
pp. 2050044
Author(s):  
BRIAN PAUL COZZARIN ◽  
STANKO DIMITROV ◽  
BONWOO KOO
Keyword(s):  
Firm Size ◽  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Organisational Change ◽  
New Product ◽  
High Tech ◽  
Organisational Innovation ◽  
Linear Fashion ◽  
South Korean ◽  
Medium Enterprises

This study investigates whether organisational innovation has positive impacts on small and medium enterprises, using three waves of the South Korean innovation survey. While correcting for endogeneity, we find that the probability of achieving a process or product innovation conditional on organisational innovation increases in a linear fashion from small to large firms. Moreover, the effects of organisational innovation are more pronounced for process innovation relative to product innovation. We show that R&D performers who implement an organisational innovation have a greater probability of introducing a new product or process. We also show that larger R&D performing firms benefit more from organisational innovation than smaller firms. Finally, we find evidence that high-tech industries benefit more from organisational innovation, in accordance with one of our hypotheses.

scholarly journals ON THE RELATIONSHIP BETWEEN FIRM SIZE, RESOURCES, AGE AT ENTRY AND INTERNATIONALIZATION: THE CASE OF SLOVENIAN SMES

2014 ◽  
Vol 16 (1) ◽  
pp. 52-73 ◽  
Author(s):  
Mitja Ruzzier ◽  
Maja Konecnik Ruzzier
Keyword(s):  
International Business ◽  
Firm Size ◽  
Small And Medium Enterprises ◽  
International Markets ◽  
Foreign Markets ◽  
Export Intensity ◽  
Resource Based View ◽  
Export Marketing ◽  
Medium Enterprises ◽  
The Relationship

Export marketing and international business literature support the view that firm size–a reflection of number of employees, and sales–is positively related to export intensity and is a distinguishing factor between internationalized and non-internationalized firms. According to the resource-based view heterogeneous resource profiles that enable firms to achieve competitive advantage in international markets may be also such differentiating factors. On the other hand, as a result of the process of globalization and the increasing number of born global firms, firm age at entry into foreign markets is becoming negatively related to internationalization. Our findings just partly confirm the trends above. Using a regression model on the selected sample of 247 Slovenian small and medium enterprises, we have confirmed the hypotheses that internationalized companies are significantly larger (in terms of sales) and have more specialized resources (human, organizational, and financial resources) than non-internationalized companies. Organizational and human resources and the number of employees were positively and significantly related, while the age of companies at the start of their international activities was negatively related, to the extent of companies’ internationalization. Different implications and conclusions for researchers and entrepreneurs are derived.

scholarly journals Encouraging Innovativeness of Small and Medium Enterprises in Serbia to Support Competitiveness Improvement in the Post-Crisis Period

2015 ◽  
Vol 52 (1) ◽  
pp. 51-64 ◽  
Author(s):  
Maja Ivanović-Đukić ◽  
Maja Lazić
Keyword(s):  
Developing Countries ◽  
Competitive Advantage ◽  
Economic Crisis ◽  
Small And Medium Enterprises ◽  
Technological Innovations ◽  
Macroeconomic Policies ◽  
Cost Leadership ◽  
Crisis Period ◽  
Medium Enterprises ◽  
The Impact

AbstractThe global economic crisis has taken a number of consequences. In order to overcome them, many of various measures on macroeconomic and microeconomic level should be implemented in the post-crisis period. A large number of developed and developing countries as a key lever in the post-crisis period would recognize the SME sector, so that the greatest number of macroeconomic policies aims at fostering its competitiveness. Previously, a competitive advantage of SMEs was generally founded on focusing on specific markets, competing in fragmented industry or on cost leadership. Nowdays, the ability to innovate is the most important source of their competitiveness. However, since the capacities of SMEs to introduce technological innovations are generally limited, strong macroeconomic support for increasing innovativeness of SMEs is necessary. This paper will explain measures which may increase innovativeness of SMEs and the impact of SMEs innovations on their competitiveness and the competitiveness of the economy in which they operate. A special emphasis will be on the analysis of innovativeness of the SMEs in Serbia.

scholarly journals Effect of Current Asset Turnover Rate, Working Capital Turnover, Liquidity, Company Size, Cooperative Growth on Profitability

2018 ◽  
pp. 158
Author(s):  
I Komang Tirta Arimbawa ◽  
Dewa Nyoman Badera
Keyword(s):  
Firm Size ◽  
Turnover Rate ◽  
Small And Medium Enterprises ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Working Capital ◽  
Analysis Technique ◽  
Current Asset ◽  
Asset Turnover ◽  
Medium Enterprises

Cooperatives in Indonesia have important cooperative roles and benefits, because cooperatives can open the gates of Small and Medium Enterprises (SMEs) for the community, create an independent community, as a driver of the economy and create new jobs. Nevertheless, there are some problems in cooperatives, such as low human resources, difficulty in obtaining access to capital, and unprofessional management of cooperatives so that there are still many cooperatives that can not compete with other types of businesses and eventually become bankrupt. This can be bad because the cooperative is one of the pillars of the Indonesian economy. This study aims to empirically examine the influence of current asset turnover, working capital turnover,liquidity, firm size and cooperative growthability on profitability. This research was conducted on cooperative all-round business in Klungkung Regency in 2013-2015. Samples taken as many as 21 cooperative in 2013-2015, determined by purposive sampling method. Data was collected using documentation method. Analysis technique used is the Multiple Linear Regression Analysis. Based on the analysis results concluded that the current asset turnover rate, firm size and growth of cooperatives have a positive and significant impact on profitability, which means an increase in the current asset turnover, firm size and cooperative growth will also increase profitability. Meanwhile, working capital turnover and liquidity have a negative and significant effect on profitability, where the increase in working capital turnover and liquidity will decrease profitability. Keywords:   Current   Asset  Turnover,  Working  Capital,  Liquidity,  Firm  Size, Cooperative Growth,  Profitability

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