SMALL AND MEDIUM ENTERPRISES IN THE CONTEXT OF CONTEMPORARY ECONOMIC DEVELOPMENT

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.

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Small and Medium Enterprises: Importance for the Kosovo Economy

Technium Social Sciences Journal ◽

10.47577/tssj.v18i1.3110 ◽

2021 ◽

Vol 18 ◽

pp. 215-221

Author(s):

Afrim Loku ◽

Nadire Loku ◽

Naim Baftiu

Keyword(s):

Economic Development ◽

Labor Market ◽

International Institutions ◽

Small And Medium Enterprises ◽

Scientific Contribution ◽

Documentary Sources ◽

Scientific Papers ◽

Medium Enterprises ◽

National Economies

This study aims to broaden the understanding of the importance of SMEs (Small and Medium Enterprises) for the economy of Kosovo, especially in terms of economic development, labor market and innovation. The study was conducted through analysis of documentary sources such as relevant reports of national and international institutions as well as relevant scientific papers. The scientific contribution of this study is theoretical and aims to help researchers of the field for an expanded understanding of SMEs over national economies. This study provides a concise framework of important elements on the economic impact of SMEs on Kosovo's economy. Examination of available data has shown that the SME sector plays a crucial role for the Kosovo economy. The key role of SMEs was emphasized in terms of overall value generated and the labor market while innovation remains a challenge to be addressed by stakeholders

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Analysis of Influence of Micro Small and Medium Enterprises (MSMEs) Development as a Competitive Advantage to Creative Economic Development

10.31219/osf.io/ejk47 ◽

2018 ◽

Author(s):

Bunga Aditi ◽

SOPI PENTANA

Keyword(s):

Economic Development ◽

Data Analysis ◽

Competitive Advantage ◽

Path Analysis ◽

Significant Influence ◽

Small And Medium Enterprises ◽

Creative Economy ◽

Analysis Method ◽

Research Results ◽

Medium Enterprises

The purpose of this research is to analyze the influence of MSME development as competitive advantage toward creative economic development in Medan city. Data analysis method used in research is path analysis. Simultaneously, the research results of MSME Development and Competitive Advantage have a positive and significant effect on creative economy. Partially, the Influence of MSME Development has positive and significant influence to creative economy. Partially Competitive advantage positively and significantly influences the creative economy. The development of MSME has a positive and significant impact on competitive advantage. Indirectly MSME development positively affects the creative economy through competitive advantage

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THE ROLE OF SMALL AND MEDIUM-SIZED BUSINESSES IN THE SOCIO-ECONOMIC DEVELOPMENT OF COMPANY TOWNS

Strategic decisions and risk management ◽

10.17747/2078-8886-2012-3-88-93 ◽

2014 ◽

pp. 88-93

Author(s):

E. V. Reznikova

Keyword(s):

Economic Development ◽

Small And Medium Enterprises ◽

State Support ◽

Company Towns ◽

Socio Economic Development ◽

Single Industry ◽

Medium Businesses ◽

Medium Enterprises ◽

Made In

The development of small and medium enterprises (SME) plays an important role in the comprehensive modernization of the economy of single-industry towns, acting as a factor of its growth and diversification. The analysis of the dynamics of the development of SME of non-diversified municipal formations and directions of its state support was made, suggestions on the monitoring organization of statistical factors of SME in single-industry towns and on the development of comprehensive investment plans on modernization of single-industry towns were made in a part of the development and support of small and medium businesses in single-industry towns.

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UPAYA PENINGKATAN KESEJAHTERAAN PELAKU UMKM DI KECAMATAN LAWANG DENGAN PEMBIAYAAN MUDHARABAH PADA BANK SYARIAH MANDIRI KCP LAWANG

MALIA (TERAKREDITASI) ◽

10.35891/ml.v11i2.2147 ◽

2020 ◽

Vol 11 (2) ◽

pp. 259-276

Author(s):

Aslikhah

Keyword(s):

Economic Growth ◽

Economic Development ◽

Qualitative Method ◽

Small And Medium Enterprises ◽

National Economic ◽

New Business ◽

Strategic Role ◽

National Economic Development ◽

Data Collection Technique ◽

Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have an important and strategic role in national economic development. In addition to playing a role in economic growth and employment, MSMEs also play a role in distributing development resultsThe purpose of this research is to find out how the efforts to improve the welfare of MSMEs actors in Lawang sub-district through Mudharabah financing at Bank Syari'ah Mandiri KCP Lawang. The method used in this research is the qualitative method. The data collection technique is by observing, interviewing and documenting the stakeholders fram Bank Syariah Mandiri KCP Lawang, as well as MSMEs actors who receive mudharabah financing from BSM KCP Lawang.The results of this study indicate that mudharabah financing at Bank Syariah Mandiri KCP Lawang has a fairly central contribution in improving the welfare of micro and small business actors which is characterized by the presence of new business actors each year. This is a benchmark for the success of mudharabah financing products in the community and as a benchmark for the success of a banking product in increasing the productivity of financing products.

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Japan–Indonesia Economic Cooperation: An Overview

East Asian Policy ◽

10.1142/s1793930521000301 ◽

2021 ◽

Vol 13 (04) ◽

pp. 78-91

Author(s):

SENIWATI ◽

Munif Arif RANTI ◽

Oktaviano Nandito GUNTUR ◽

Ibnu Aly BADIU

Keyword(s):

Economic Development ◽

Manufacturing Industry ◽

Small And Medium Enterprises ◽

Economic Cooperation ◽

Tariff Reduction ◽

Reduction Scheme ◽

Economic Partnership Agreement ◽

Economic Partnership ◽

Partnership Agreement ◽

Medium Enterprises

This article aims to deepen our knowledge of Japan’s foreign policy in the Southeast Asian region and its role in Indonesia’s economic development, focusing on their economic cooperation via the Indonesia–Japan Economic Partnership Agreement (IJEPA) and Manufacturing Industry Development Centre (MIDEC) programme. The former has promoted cooperation via a tariff reduction scheme, while the latter facilitates the Indonesian government’s aid to micro, small and medium enterprises in the entrepreneurial sector.

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Bridging B2B E-Commerce Gaps for Taiwanese SMEs

Electronic Government ◽

10.4018/978-1-59904-947-2.ch158 ◽

2011 ◽

pp. 2086-2105

Author(s):

Yu Chung William Wang ◽

Michael S.H. Heng

Keyword(s):

Economic Development ◽

Supply Chain ◽

Small And Medium Enterprises ◽

Information Flows ◽

Large Firms ◽

The Government ◽

Medium Enterprises ◽

Business To Business ◽

Taiwanese Government

Many Small and Medium Enterprises (SMEs) have been under pressures from large firms to implement Business-to-Business e-commerce (B2B e-commerce) information systems. However, these SMEs have faced various challenges to do so in the supply chain. This chapter explains the role of Taiwanese government in supporting SMEs in implementing e-commerce by analysing the interactions of government teams with current projects, and challenges of Taiwanese SMEs. Discussions and analyses focus on the government help in setting up infrastructure, B2B e-commerce implementation, and interfirm interactions among SMEs and larger firms. The Taiwanese government has been promoting its global logistic strategy for economic development which stresses supply chain integration by bridging information flows among overseas enterprises, domestic large firms, and local SMEs. Government projects related to this strategy are intended to anchor SMEs’ growing needs in linking B2B e-commerce with large firms. Our analyses and proposal dwell on how government can further bridge the gaps between the intrinsic barriers of SMEs and the interactions with larger firms in B2B e-commerce implementation.

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Post Covid-19 Challenges and Economic Development Through Micro, Small, and Medium Enterprises in India

10.1007/978-3-030-79926-7_15 ◽

2021 ◽

pp. 257-269

Author(s):

Suhail Ahmad Bhat ◽

Shambhavi Singh ◽

Surendra Meher

Keyword(s):

Economic Development ◽

Small And Medium Enterprises ◽

Medium Enterprises

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Pengaruh Kecerdasan Intelektual, Kecerdasan Emosional, dan Kecerdasan Spiritual Pemilik Pada Kinerja Usaha Mikro Kecil Menengah

E-Jurnal Akuntansi ◽

10.24843/eja.2018.v25.i02.p21 ◽

2018 ◽

pp. 1369

Author(s):

Rio Surya Wijaya ◽

I Made Sukartha

Keyword(s):

Economic Development ◽

Emotional Intelligence ◽

Gross Domestic Product ◽

Small And Medium Enterprises ◽

National Development ◽

Positive Influence ◽

Spiritual Intelligence ◽

Domestic Product ◽

Research Subjects ◽

Medium Enterprises

National development of a nation includes economic development and Micro, Small and Medium Enterprises (MSMEs). MSME performance needs to be examined because the contribution of the MSME sector to the Gross Domestic Product (GDP) has increased from 57.84% to 60.34% in the last 5 years. This study aims to determine the effect of intellectual intelligence, emotional intelligence, and spiritual intelligence of the owner on the performance of Micro, Small and Medium Enterprises. Research subjects are the performance of UMKM in Denpasar City. The sample determination technique used in this study is Probably sampling used using a simple random technique. There are 100 MSMEs as samples with a questionnaire statement totaling 71 statements. Based on the results of the analysis of research obtained intellectual intelligence has a positive influence on the performance of MSMEs, Emotional Intelligence has a positive influence on the performance of SMEs, and Spiritual Intelligence has a positive influence on the performance of SMEs. Keywords: Intellectual Intelligence, Emotional Intelligence, and Spiritual Intelligence.

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A New Model of Small Business Organization

Scientific Research and Development Economics of the Firm ◽

10.12737/21639 ◽

2016 ◽

Vol 5 (2) ◽

pp. 17-21

Author(s):

Жуков ◽

R. Zhukov

Keyword(s):

Economic Development ◽

Russian Federation ◽

Small And Medium Enterprises ◽

Business Organization ◽

Government Action ◽

Franchise System ◽

Russian Economy ◽

Socio Economic Development ◽

The Russian Federation ◽

Medium Enterprises

In terms of Government action aimed at ensuring sustainable socio-economic development of the Russian Federation in 2016 22 points are devoted to the situation of small and medium enterprises. However, funding is one-sided. In this connection, the necessity of creation of the state franchise system is justified. A sequence of implementation and the effects of state franchise system on the Russian economy is considered.

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