scholarly journals MEASURES OF STATE SUPPORT OF SMALL AND MEDIUM-SIZED ENTERPRISES UNDER CONDITIONS OF DISSEMINATION OF CORONAVIRUS INFECTION: DOMESTIC AND FOREIGN EXPERIENCE

2020 ◽  
Vol 4 (34) ◽  
pp. 81-90
Author(s):  
E.R. Mamleeva ◽  
◽  
M.Yu. Sazykina ◽  
N.V. Trofimova ◽  
G.F. Shaykhutdinova ◽  
...  
Keyword(s):  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Government Support ◽  
Small Enterprises ◽  
State Support ◽  
The World ◽  
Coronavirus Infection ◽  
Medium Enterprises ◽  
Total Turnover ◽  
Micro Enterprises

The article presents the results of an analysis of the state of small and medium-sized businesses in Russia and measures of their state support in Russia and other countries of the world in the context of the spread of coronavirus infection. The development trends of the sector of small and medium-sized enterprises in 2014-2018 were analyzed in various countries of the world. It was revealed that compared to other countries of the world in the Russian economy in 2014-2018 big business prevailed, with an average share of 80 %, while in other countries it ranged from 32 to 52 %. It was also revealed that the number of medium-sized enterprises by 2018 decreased by 3 % compared with 2008, while the number of small enterprises, on the contrary, increased significantly. It is noted that the contribution of small enterprises to the total turnover of small and medium enterprises of the Russian Federation significantly exceeds the share of medium enterprises. Thus, the share of small and micro enterprises in the total turnover of SMEs was 85 % in 2008, of mediumsized enterprises – 15 %, and in 2018 the proportion changed by 89 % and 11 %, respectively. The analysis of the dynamics of indicators of registration and liquidation of small and microenterprises in Russia, the results of which revealed that in the analyzed period, the number of created enterprises gradually decreased, while the number of liquidated enterprises steadily increased, which affected the ratio of registered / liquidated enterprises. In 2008, this ratio was 1.1. In 2018, it reached 0.39, i.e. one registered enterprise accounted for more than 3 liquidated small and micro enterprises. In 2019, this trend continued. In 2020, the negative situation in the sphere of small and medium-sized businesses was further aggravated due to the spread of coronavirus infection in the world. Also during the study, measures of state support for small and medium-sized enterprises in various countries of the world were studied and systematized. It is noted that government support measures in developed countries ranged from 10 to 20% of GDP. The authors determine the need for further analysis of international and regional experience in order to identify and use the most effective measures of state support for SMEs

Analysis of Major Problems Faced by Small Firms in North India

2015 ◽  
Vol 15 ◽  
pp. 150-160
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
North India ◽  
Small Enterprises ◽  
Employment Generation ◽  
Medium Enterprises

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.

scholarly journals Literature Study of Lean Implementation Framework for Small and Medium Enterprises (SMEs) in Indonesia

2021 ◽  
Vol 4 (2) ◽  
pp. 1-9
Author(s):  
Fatma Nadia Amin ◽  
Putu Dana Karningsih
Keyword(s):  
Lean Manufacturing ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Google Scholar ◽  
Literature Study ◽  
Implementation Framework ◽  
Lean Implementation ◽  
The World ◽  
Medium Enterprises

Many companies in developed countries are implementing lean manufacturing and offering significant results. However, experts argue that the concept can not only be used in large companies but also in SMEs. Some SMEs in the world have also implemented the lean concept, but there have been many failures during implementation. This is because of the lean implementation framework. Several researchers have developed specific frameworks for lean implementation in SMEs. Therefore the final objective of this study is a lean implementation framework that is suitable for SMEs in Indonesia. In this research, the first step of the literature study is to search for previous studies on google scholar, emerald, elsevier, etc. related to the lean framework. Furthermore, comparing and comparing the framework in previous research. This comparison can be a lean implementation in Indonesia, with the strengths and weaknesses of each of these frameworks

scholarly journals COVID-19 - Digital Transformation and Digital Competency

2021 ◽  
Vol 9 (3) ◽  
Author(s):  
P Venkat Kamesh
Keyword(s):  
Digital Literacy ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Digital Transformation ◽  
Common People ◽  
Working Paper ◽  
The World ◽  
Digital Payments ◽  
Medium Enterprises ◽  
The Impact

The COVID-19 pandemic has caused serious and long-term disturbances in people's lives all over the world, in both developing and developed countries. This has led to financial crisis and great depression in the GDPs of many countries. It has not only impacted the Multi-National Businesses (MNCs) but also disturbed the Small and Medium Enterprises (SMEs) and life’s of man vulnerable people. As the crisis continues, the pandemic's pervasive impacts, which have affected every part of our communities, continue to unfold, leaving profound marks on people's livelihoods and countries' economies that are likely to persist for several years after the pandemic has ended. As part of the global response to COVID-19, the digital technology industry especially Fintech (Financial Technology) has been instrumental in creating and delivering services and technologies that have mitigated, at least in part, the pandemic's effect on multiple aspects of people's lives in every part of the world. The Fintech companies and Start-ups have played a tremendous role in mitigating the inconvenience for the common people by implementing the next generation solutions for everyone and the people were quick to adopt to such a change. The interest and surge of usage of Fintech applications (Digital applications related to Finance/Payments/Banking/Ecommerce) carries in preserving people’s livelihoods and businesses that have been, and continue to be, threatened by the pandemic COVID-19. This working paper will discuss about the impact of digital payments in the developing country like India during COVID-19, Pre-COVID-19, evolution of digital transformation in India from the past few years, People adoption to digital technologies, digital literacy intensification in emerging markets and also discusses the future trends of Fintech and its impact on consumers and businesses even after the pandemic ends.

scholarly journals The Role Of Small Micro Enterprises In Production Snack And Product Innovation Towards Additional Community Economic Income In Tangerang City

2021 ◽  
Vol 19 (1) ◽  
pp. 87
Author(s):  
Heri Satrianto ◽  
Berlin Silaban ◽  
Rinintha Parameswari
Keyword(s):  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Small Enterprises ◽  
Micro And Small Enterprises ◽  
Medium Enterprises ◽  
Positive Effect ◽  
Micro Enterprises ◽  
Economic Income

The study is intended to determine The Role of Small Micro Enterprises in Production Snack and Product Innovation towards an Additional Community Economic in Tangerang City. Micro small and medium enterprises (MSMEs) have an important role in the economy of Indonesian society. Indonesia government also views the existence of MSME businessman as important. The existence of MSMEs can have an effect on increasing people's income and also with the innovation of snacks that can attract consumers. The method used quantitative which was taken, it can be conclude that Whereas t count is 6,453> t table is 1,985 and the sig o.oo value <0.05, this shows that the role of Micro and Small Enterprises in production snacks has a significant and positive effect on the addition of community economic income in Tangerang City. That t count is 5,568> t table is 1,985 and the sig o.oo value <0.05, this shows that product innovation has a significant and positive effect on the addition of community economic income in Tangerang City. Whereas F count is 161,927> from F table of 3.09 and sig value of 0,000 <0.05, this shows that the Micro and Small Entrepreneurs Production snacks together with product innovation have a significant and positive effect on the addition of community economic income in Tangerang City.

HR Issues Towards Managing MSMEs Operating in India During Globalization Trends (with Special Reference to HR Outsourcing)

2014 ◽  
Vol 5 (3) ◽  
pp. 1-16
Author(s):  
Tweena Pandey ◽  
Abhishek Singh Chauhan
Keyword(s):  
Large Scale ◽  
Small And Medium Enterprises ◽  
Small Enterprises ◽  
The Past ◽  
The World ◽  
Medium Enterprises ◽  
The Cost ◽  
Medium And Small Enterprises ◽  
Processing Period ◽  
Day By Day

If you have never entered the world of subcontracting it seems a puzzling blend of products, rigid selling and in the past has carried a bad reputation. Today, when grooming with different parameters of economies is becoming harder for every industrialist day by day, it is for sure that this disaster of cost- knitting is affecting one of the upcoming sectors of present commercial age and that is SMEs. If one talks about Medium and Small Enterprises, one can simply say that they also act as feeder to the large scale enterprises, which are into support production activities for the big enterprises. As it is known that they have a small gestation period (processing period), i.e. stalk in- product out, which further acts fast profit generation to the domestic scale of production as compared to large enterprises. But still if one focuses upon its competency mainly in comparison to the globalized standards, nevertheless one stands far behind, irrespective of availability of sufficient resources. Here the big question arises that in what terms and why? This review is an attempt to navigate some upcoming disasters in concern with managing the workforce employed in these small and medium enterprises, especially with respect to manage the cost incurred over the human capital- “A key capital for strengthening the enterprise's credentials”.

scholarly journals ШЛЯХИ ПІДВИЩЕННЯ КОНКУРЕНТОСПРОМОЖНОСТІ ПІДПРИЄМСТВ МАЛОГО ТА СЕРЕДНЬОГО БІЗНЕСУ ВИНОРОБНОЇ ГАЛУЗІ

2019 ◽  
pp. 426-441
Author(s):  
Olga Kalaman
Keyword(s):  
Customer Loyalty ◽  
State Policy ◽  
Main Part ◽  
Small And Medium Enterprises ◽  
State Regulation ◽  
Alternative Formulation ◽  
Small Enterprises ◽  
The World ◽  
Medium Enterprises ◽  
State Increase

The article examines the relevance of the research on the term competition, analyzes the shortcomings of the main part of the existing definitions of the concept of "enterprise competitiveness" and proposes its alternative formulation. The im-portance and importance of state support in the development of competitive small and medium entrepreneurship has been proved. The examples of state regulation of small and medium business in the leading countries of the world are given. The main indicators of the activity of small and medium-sized enterprises and the number of small enterprises of Ukraine in re-cent years are analyzed. The share of small and medium-sized enterprises in the total number of existing Ukrainian enter-prises is shown. It is revealed that the development of small and medium-sized wineries in the Odessa region is relevant. It is proved that on the market of viticulture and winemaking of the Odessa region it is possible to state increase of competitive-ness of activity of small and medium enterprises of the viticultural branch. However, the activities of wineries depend on state policy in this area, which is not fully exploited and the ability of the firms themselves to increase awareness, increase customer loyalty and loyalty, expand markets.

scholarly journals Small and Medium enterprises in the Kingdom of Saudi Arabia between Reality and Hope, according to 2030 Vision: An Empirical Study: المشروعات الصغيرة والمتوسطة في المملكة العربية السعودية بين الواقع والمأمول، في ضوء رؤية 2030م: دراسة تطبيقية

2020 ◽  
Vol 4 (9) ◽  
Author(s):  
Ali Nageh Ali Mansour
Keyword(s):  
Saudi Arabia ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Lessons Learned ◽  
Comparative Approach ◽  
Small Enterprises ◽  
Kingdom Of Saudi Arabia ◽  
Vision 2030 ◽  
Medium Enterprises

The aim of this research is to analyze the most important obstacles and challenges facing small and medium enterprises within the Kingdom of Saudi Arabia in the light of international experiences, and to analyze and evaluate the role of the Small and Medium Enterprises Authority “Monshaat” in facing challenges facing small and medium enterprises inside the Kingdom; and to know the true reality of small and medium enterprises in The Kingdom of Saudi Arabia as well as reaching the hoped- for according to 2030 Vision, which aims to reform the Saudi economy and continue its growth and end its dependence on oil as a main source of income. The researcher analyzed the current situation of small and medium enterprises in the Kingdom of Saudi Arabia and compared them to the global situation through studying and analyzing leading global experiences and identifying aspects of benefiting from them. The research relied on the deductive approach, which is the approach that begins with the theory and ends with its applicability to the ground. The research also used the descriptive approach to describe the topic of the research, its importance, goals, and the most important studies that dealt with the role of small projects in economic development both inside and outside the Kingdom. The comparative approach to making comparisons from and reviewing the experiences of other countries and extracting lessons learned from them. It also relied on the standard method, which aims to measure economic phenomena and variables. This research found that there are many difficulties that hinder these projects from achieving the goals of the vision, including obtaining financing, as the rate of financing small enterprises does not exceed 5% of the total financing in the Kingdom. It is a small percentage compared to international rates. The result is a decrease in the contribution of small and medium enterprises to the gross domestic product if they do not exceed 20% and 53% of jobs in the Kingdom of Saudi Arabia. The Kingdom's Vision 2030 aims to raise this percentage to 35% by 2030, and this percentage reaches about 70% in developed countries, The number of small enterprises reached 12% of the number of projects for the year 2018, and it contributes about 29% of the total revenues of enterprises, according to the data for the second quarter of 2016. The researcher recommends decision- makers and those who are interested in business leaders inside the Kingdom to overcome the challenges facing small projects and entrepreneurs by providing them with adequate support, whether material or logistical support or both together, and work to establish a financial fund to finance small and medium projects with low benefits, and share the fund with proportions Certain of the annual profits during a specific period, depending on the value of the loan, the size of the facility, the value of revenue, the idea of ​​the project, and converting the Public Authority for Small and Medium Enterprises in the Kingdom into an independent ministry whose mission is to take great care of small projects and For medium.

scholarly journals An assessment of informal SMEs’ potential in an African economy – theoretical and conceptual framework

2018 ◽  
Vol 7 (2) ◽  
pp. 1-13 ◽  
Author(s):  
Herrison Matsongoni ◽  
Emmanuel Mutambara
Keyword(s):  
Conceptual Framework ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
African Continent ◽  
African Countries ◽  
The World ◽  
Fishbone Diagram ◽  
The Developed Countries ◽  
Medium Enterprises ◽  
Developed World

Informal Small and Medium Enterprises (SMEs) play a key role in their respective economies over the world particularly in the African continent. This paper reviews various theories on SMEs towards understanding the potential of the informal sector in the context of African countries. The paper uses a theoretical approach for the purpose of assessing the challenges that have affected the development of the informal SMEs sector over the years in both the developing and developed world. Economically developing countries in Africa pose unique challenges to informal SMEs development compared to the developed countries. The paper reviews the theories that define the rise to informality in Africa by identifying the key determinants for the emergence of informal SMEs. A conceptual framework for assessing informal SME’s potential for Africa is developed. The conceptual framework is based on the Fishbone diagram developed by Kaoru Ishikawa (1986). This paper discusses the intricacies of the applicability of the proposed conceptual framework to assess the potential of the informal SMEs in Africa and the way forward for the formalization debate.

scholarly journals Factors Affecting E-commerce Adoption of Small and Medium Enterprises in Sri Lanka: Evidence from Retail Sector

2019 ◽  
pp. 1-10 ◽  
Author(s):  
D. Y. Govinnage ◽  
K. M. V. Sachitra
Keyword(s):  
Sri Lanka ◽  
Computer Literacy ◽  
Small And Medium Enterprises ◽  
Government Support ◽  
Retail Sector ◽  
Perceived Benefits ◽  
Technology Infrastructure ◽  
Factors Affecting ◽  
The World ◽  
Medium Enterprises

Purpose: There is a resistance in the adoption of e-commerce in certain parts of the world even though most successful businesses in the world has successfully adopted e-commerce to their businesses gained an increasing success. The study aims to find the crucial factors affecting to the adoption of e-commerce by using the evidence of retail sector in Sri Lanka as a developing nation. Methods: The targeted population for the study was the retail sector registered as Small and Medium Enterprises in Colombo District. Adopting stratified simple random sampling technique, the study selected 200 SMEs in Colombo District who are engaged in retail sector. A structured questionnaire was used to collect data. Five dimensions namely adoption of e-commerce, perceived benefits, computer literacy, government support and technology infrastructure were measured by using a Likert scale measurement items, acknowledging the prior studies. Findings: The results revealed that computer literacy, government support and technology infrastructure had significance influence on e-commerce adoption of SMEs in Sri Lanka even though perceived benefits had less impact on e-commerce adoption. Implication: It has been realized that Sri Lankan government support and intervention is necessary to build speedy technology infrastructure in order to encourage the usage of e-commerce as government support and technology infrastructure share a significant correlation with e-commerce adoption.

scholarly journals FEATURES OF FUNCTIONING OF SMALL BUSINESS IN UKRAINE AND ABROAD

2021 ◽  
Vol 1 (22(50)) ◽  
pp. 11-16
Author(s):  
Olha Demianchuk ◽  
Kateryna Zhuk
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Small Enterprises ◽  
The Sustainable Development ◽  
High Level ◽  
Medium Enterprises ◽  
Favorable Conditions ◽  
The Impact

The article investigates the problems and features of small business functioning in Ukraine and abroad. The importance of small enterprises in the economies of developed countries and the impact on their competitiveness in the context of today's coronacrisis has been analyzed. The criteria for dividing all enterprises into small, medium and large in Ukraine and their comparison with foreign practice are indicated. The "Rating of obstacles" for the development of small and medium enterprises in Ukraine is indicated. The authors identified the factors that negatively affect the continuous functioning of small business and hinder its development. The development of the small business sector and the maintenance of a high level of competition is a key step towards ensuring the sustainable development of the national economy. Small business also contributes to the restructuring of the state, increasing production, creating new jobs and introducing innovative technologies in areas where large business would not be so effective. However, the path to starting a small business is uneven, with many pitfalls and obstacles to jump. Accordingly, the governments of most countries are obliged to support small businesses in any way to protect the economy as a whole. So, in order for small and medium-sized businesses to develop gradually, they desperately need clear and understandable rules of the game in today's market, as well as favorable conditions for uninterrupted operation. To this end, it is necessary to formulate a clear unified state policy on small business, using international experience.

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