Micro, Small, and Medium Enterprises (MSMEs) : The Current Scenario

2017 ◽  
Vol 6 (5) ◽  
pp. 32
Author(s):  
D. Sudarsana Murthy ◽  
P. V. Narasaiah
Keyword(s):  
Small And Medium Enterprises ◽  
Current Scenario ◽  
Medium Enterprises

Understanding Knowledge Management Spectrum for SMEs in Global Scenario

2020 ◽  
pp. 1589-1605
Author(s):  
Neeta Baporikar
Keyword(s):  
Knowledge Management ◽  
Intellectual Capital ◽  
Small And Medium Enterprises ◽  
Sustainable Growth ◽  
Technological Advances ◽  
Current Scenario ◽  
Physical Assets ◽  
Knowledge Intensive ◽  
Medium Enterprises ◽  
Globalized World

Knowledge that exists within organization is a sustainable source of competitive advantage. Though enormous research on knowledge management (KM) has taken place, little focus has been on KM in Small and Medium Enterprises (SMEs). Globalization of supply chains, rapid technological advances, superior returns on intellectual capital, growing importance of knowledge-intensive industries would make KM a strategic tool in the growth and success of all, especially SMEs. KM-enabled SMEs are essential for competitive and sustainable growth. Hence a judicious approach for KM in SMEs is a must in current scenario. Done by an in-depth literature review and contextual analysis, the objective of this paper is twofold - to aid researchers in recognizing and understanding KM spectrum for SMEs in a globalized world and for SMEs to reckon that success and worth of businesses depend more on intellectual capital than physical assets merely.

scholarly journals Manufacturing Performance Enhancement Through Various Maintenance Practices in Indian SMEs: A Literature Review

2018 ◽  
Vol 7 (2) ◽  
pp. 1-5
Author(s):  
Simranjit Singh Sidhu ◽  
Kanwarpreet Singh ◽  
I. P. S. Ahuja
Keyword(s):  
Performance Enhancement ◽  
Small And Medium Enterprises ◽  
Manufacturing Cost ◽  
Manufacturing Performance ◽  
The World ◽  
Current Scenario ◽  
Direct And Indirect Benefits ◽  
Medium Enterprises

Globalization and liberalization of the world economy has leveled the field for all competitors around the globe. In this high competition environment all the industries try to lower the manufacturing cost of product and to increase their profit without compromising quality of product. Industries are in the race to search the ways to reduce the manufacturing cost of product. All over the world industries implement many techniques to sustain in this competitive world. In this environment Maintenance practices’ become the essential and basic need of industries. The main objective of maintenance practices is to keep machines running all the time and increasing the availability of resources. Like this maintenance practices have become one of the most important functions in an organization. In India large industries implemented maintenance practices successfully and receiving their benefits. But a very little information is available regarding the success role of maintenance practices in small and medium enterprises. To face global competition successfully, SMEs have to successfully implement the maintenances practices. The purpose of this paper is to review the current scenario of various maintenance practices being implemented in SMEs. The paper will have great value for managers of SMEs in understanding the benefits accrued by implementing these maintenance practices. The paper will also cover the direct and indirect benefits of maintenance practices in Indian SMEs.

scholarly journals Exploring Cybersecurity Ecosystem in the Middle East: Towards an SME Recommender System

2021 ◽  
Author(s):  
Nadir Naveed Ahmed ◽  
Krishnadas Nanath
Keyword(s):  
Middle East ◽  
Recommender System ◽  
Information Overload ◽  
Small And Medium Enterprises ◽  
Denial Of Service ◽  
Cyber Attacks ◽  
Defense System ◽  
Effective Strategies ◽  
Current Scenario ◽  
Medium Enterprises

Cybersecurity is described as the protection of data resources by treating threats that jeopardize data. Enterprises must manage the cybersecurity risks so that the security and resilience of their assets may be improved. Cyber-attacks on Small and Medium Enterprises (SMEs) are rising. However, they often lack effective strategies to prevent threats such as malware, phishing, denial of service (DoS), and others. Their weak defense system is often an attractive avenue for hackers to explore loopholes. There is a lack of cybersecurity initiatives in SMEs, and several past attacks have exposed the weak systems. This paper first attempts to investigate the current scenario of cybersecurity in the context of Middle East SMEs. A survey of SMEs in the Middle East (cybersecurity space) helped understand the existing scenario, actual requirements, and challenges SMEs face. The research then explores the need for SMEs to choose the apt security solution to cater to their business needs. By reviewing the existing standards and pointers in different parts of the world, this research proposes a cybersecurity recommender system for SMEs in the Middle East. One of the survey findings reveals that most SMEs require adequate cybersecurity awareness, followed by evaluating the organization’s preventive capabilities. The dearth of information available online and the IT consultants’ conflicting guidance usually creates an information overload in deciding a neutral solution to address their needs. The recommender system attempts to structure the information available as a framework in deciding a cybersecurity solution for SMEs.

Role and Room for Knowledge Management in Small and Medium Enterprises

2020 ◽  
pp. 115-134 ◽  
Author(s):  
Neeta Baporikar
Keyword(s):  
Knowledge Management ◽  
Intellectual Capital ◽  
Small And Medium Enterprises ◽  
Principal Component ◽  
Sustainable Business ◽  
Organizational Growth ◽  
Technological Advances ◽  
Current Scenario ◽  
Knowledge Intensive ◽  
Medium Enterprises

In the present day, success and worth of businesses depend more on intellectual capital. So, knowledge is a critical resource, for any organizational growth and sustainability. For small and medium enterprises (SMEs) the latent knowledge seen as the principal component for success often tends to be over guarded. That itself is sometimes detrimental to the SMEs growth. This outlook towards knowledge by SMEs has to undergo a change as there is vast room for knowledge management (KM). Abundant studies and research exist on KM, but the focus on SMEs is limited. Current scenario of globalization, technological advances, higher returns on intellectual capital, growing significance of knowledge-intensive industries makes KM a strategic and competitive tool for SME growth, sustainability, and development. KM is indispensable for successful and sustainable business in this contemporary complex economy. Thus, the overall aim of this study done by in-depth literature review and contextual analysis is to enhance the understanding of the role and room for KM in SMEs in this globalized world.

Understanding Knowledge Management Spectrum for SMEs in Global Scenario

2016 ◽  
Vol 5 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Neeta Baporikar
Keyword(s):  
Knowledge Management ◽  
Intellectual Capital ◽  
Small And Medium Enterprises ◽  
Sustainable Growth ◽  
Technological Advances ◽  
Current Scenario ◽  
Physical Assets ◽  
Knowledge Intensive ◽  
Medium Enterprises ◽  
Globalized World

Knowledge that exists within organization is a sustainable source of competitive advantage. Though enormous research on knowledge management (KM) has taken place, little focus has been on KM in Small and Medium Enterprises (SMEs). Globalization of supply chains, rapid technological advances, superior returns on intellectual capital, growing importance of knowledge-intensive industries would make KM a strategic tool in the growth and success of all, especially SMEs. KM-enabled SMEs are essential for competitive and sustainable growth. Hence a judicious approach for KM in SMEs is a must in current scenario. Done by an in-depth literature review and contextual analysis, the objective of this paper is twofold - to aid researchers in recognizing and understanding KM spectrum for SMEs in a globalized world and for SMEs to reckon that success and worth of businesses depend more on intellectual capital than physical assets merely.

Model Pemberdayaan Usaha Mikro Dan Pengaruhnya Terhadap Kemandirian Usaha

2015 ◽  
Vol 2 (1) ◽  
pp. 75-93
Author(s):  
Mudasetia Hamid ◽  
Evy Rosalina Widyayanti
Keyword(s):  
Human Resources ◽  
Small And Medium Enterprises ◽  
Poverty Rate ◽  
Cultural Centers ◽  
Central Java ◽  
Tourism Education ◽  
The Indian Ocean ◽  
Medium Enterprises ◽  
The City

Yogyakarta is a city and the capital of Yogyakarta Special Region in Java, Indonesia. It is renowned as a center of tourism, education and culture. Yogyakarta is one of the foremost cultural centers of Java. This region is located at the foot of the active merapi vulcano. Yogyakarta is often called the main gateway to the Central Java as where it is geographically located. It stretches from Mount Merapi to the Indian Ocean. This province is one of the most densely populated areas of Indonesia. Yogyakarta is popular tourist destination in indonesia after Bali. These have attracted large number of visitors from across Indonesia and abroad to the city. This status makes Yogyakarta is one of the most heterogeneus cities in Indonesia. In edition, Yogyakarta has attracted large number of people to reside in this city for business. One of these comers is small entrepreneurs with their market munchies enterprise (specially a traditional snack trader). This business is one of famous business in Yogyakarta, we will find rows of pavement vendors selling market munchies. The students and tourists are their main target customers. Market munchies enterprise is part of small and medium enterprises SMEs as livelihood activities. SMEs has an important role in economic growth of Indonesia. Therefore, it is very important to develop and strengthen the micro enterprise empowerment. Micro enterprise empowerment is one of strategy to reduce the poverty rate in Indonesia. Major challenger in implement this program are that micro entrepreneurs are conventional and have satisfied with their revenue. It is very important to develop a comprehensive and sustainable micro enterprise empowerment which consist of strengthen the quality of human resources, maximize the government’s roles, empower the enterprise capital and strengthen the partnership and autonomous. Micro enterprise autonomy will contribute to the economic and investment climate. This will lead to establish an accountable enterprise both for the micro enterprise and customers which at the end will strengthen the development of the micro enterprise in Yogyakarta.Keyword: micro entreprise, human resources, government roles, capital, partnership and autonomous.

Pengaruh Pengalaman Usaha Dan Penggunaan Informasi Akuntansi Pelaku Usaha Mikro Kecil Menengah Terhadap Keberhasilan Usaha

2019 ◽  
Vol 6 (1) ◽  
pp. 27-39
Author(s):  
Khoirunnisa Cahya Firdarini
Keyword(s):  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Control Variable ◽  
Accounting Information ◽  
Total Sample ◽  
Creative Industries ◽  
Business Success ◽  
Statistical Tool ◽  
Business Experience ◽  
Medium Enterprises

Accounting information has an important role to achieve business success, as well as for small businesses.This research examines the effect of business experience and accounting information system used toward business success with age of business as control variable. The population of this research are small and medium enterprises (SMEs) in creative industries sector operated in Yogyakarta district. Based on purposive sampling method, total sample of this research is 200 SMEs. Statistical tool utilized to test the hypothesis in this study is path analysis using structural equation modelling (SEM). The test result shows that business experience and accounting information have positive and significant effect to the success of SMEs.

Pengaturan Waralaba Di Indonesia: Perspektif Hukum Bisnis

Liquidity ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 159-166
Author(s):  
Muchtar Riva’i
Keyword(s):  
Government Regulation ◽  
Small And Medium Enterprises ◽  
Economic Community ◽  
The Law ◽  
The Government ◽  
Medium Enterprises ◽  
Article 5 ◽  
Laws And Regulations

The law arrangement of franchise law was first explicitly regulated by the Government Regulation No. 16 of 1997 which is then updated by Government Regulation No. 42 of 2007 to be created in an agreement that at least contains clauses as stipulated by Article 5 of the Government Regulation. However, franchise arrangements also associated with a variety of other laws and regulations applicable in Indonesia. This article is going to state that the importance of partnerships with small and medium enterprises as an effort to encourage the involvement of the wider economic community.

Opportunities for accelerating labor productivity growth: The role of small and medium enterprises

2020 ◽  
pp. 98-114
Author(s):  
Evguenia V. Bessonova ◽  
Alexander G. Morozov ◽  
Natalia A. Turdyeva ◽  
Anna N. Tsvetkova
Keyword(s):  
Labor Productivity ◽  
Productivity Growth ◽  
Small And Medium Enterprises ◽  
Growth Potential ◽  
Business Climate ◽  
Labor Productivity Growth ◽  
Positive Effects ◽  
Low Efficiency ◽  
Medium Enterprises ◽  
Medium Firms

The paper considers necessary conditions for acceleration of labor productivity growth in Russia. Based on micro data, as well as aggregate data, the paper quantifies the contribution of small and medium firms to labor productivity growth. It shows that mere increase of the number of small and medium enterprises is not as important for positive effects of these programs, as qualitative improvements: development of favorable environment for growth, which is largely determined by business climate. Accelerating productivity growth involves redistribution of labor and capital from inefficient to efficient enterprises. In particular, it is necessary to create conditions, which allow a firm to grow after it enters the market instead of stagnating as a small firm with low efficiency. At the same time, it is necessary for ineffective firms, which exhausted their growth potential, to have an opportunity to exit the market easily leaving resources including labor to fast-growing companies.

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