scholarly journals Bank Loans as a Source of Financing Small to Medium-Sized Enterprises in Western Balkans.The Kosovo Case Study.

2019 ◽  
Vol 12 (2) ◽  
pp. 1835-1840
Author(s):  
Qazim TMAVA
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Crucial Role ◽  
Small And Medium Enterprises ◽  
Banking System ◽  
Bank Loans ◽  
Business Needs ◽  
Medium Enterprises

It is accepted worldwide that a healthy banking system play a crucial role in the economic development of a country. Also, the role and importance of the banking system in developed and developing countries (including Kosovo) is unquestionable. This is evident especially in financing business needs of Small and Medium Enterprises (SMEs), which generate income and employment. However, financing SMEs’ needs by banks, often is accompanied with problems and various challenges.The aim of this paper is to highlight the role and importance of banks on financing business needs of SMEs, identify problems which arise, by giving recommendations on solving the aforementioned, which would be beneficial for both parties. Hence, this paper offers important implications for banks, SMEs, as well as for policymakers.

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 THE IMPORTANCE OF ASSISTANT IN ECONOMIC EMPOWERMENT BASED ON BUSINESS ASSISTANCE: CASE STUDY ON WAHANA VISI INDONESIA ADP ECONOMIC PROGRAM, JATINEGARA

2019 ◽  
Vol 3 (1) ◽  
Author(s):  
Bangun Kuncoro Haryo Aryanto ◽  
Fitriyah Fitriyah
Keyword(s):  
Economic Development ◽  
Small And Medium Enterprises ◽  
Development Economic ◽  
Economic Empowerment ◽  
Economic Assistance ◽  
Economic Program ◽  
The Subject ◽  
Medium Enterprises

This paper discusses that one way to overcome poverty is by effective economic development. Economic development with a charitable nuance is only a short-term solution and it is feared that it cannot sustainably overcome poverty. Therefore, an inclusive empowerment process is needed, one of which is an economic empowerment program by WVI in the form of economic assistance to present the independence of the community with small and medium enterprises. Through a qualitative study in this paper researchers tries to provide an overview of the role of assistant in empowerment activities. In empowerment, assistant acts as a change agent. There are three things that make WVI as an assistant play an important role in empowerment. Assistant have a role as enablers where they enable change by placing the community as the subject of change. The assistant also plays a role in improving business competence. Lastly, to create sustainable conditions, the assistant needs to initiate the formation of a social system in the community as a vehicle for independent problem solving.

scholarly journals A data envelopment analysis approach for assessing the efficiency of small and medium-sized wood-furniture enterprises: a case study

2018 ◽  
Vol 204 ◽  
pp. 01015 ◽  
Author(s):  
Diana P. Sari ◽  
Naniek Utami Handayani ◽  
M. Mujiya Ulkhaq ◽  
Wiwik Budiawan ◽  
Dea Ladysia Maharani ◽  
...  
Keyword(s):  
Economic Development ◽  
Data Envelopment Analysis ◽  
Small And Medium Enterprises ◽  
Poverty Rate ◽  
Data Envelopment ◽  
Scarce Resources ◽  
The World ◽  
Wood Furniture ◽  
Medium Enterprises

Small and medium enterprises (SMEs) are widely recognised as the key engine of economic development. As a result of this recognition, a central issue dominating policy debates around the world and Indonesia in particular, has been how to stimulate economic growth through the deve-lopment of SMEs. During and beyond the financial crisis, the SMEs in Indonesia contributed to the employment growth and gave steady decline in poverty rate. Wood-furniture industry is one of two traditional labour-intensive industries in Indonesia which plays an important role in the economic development since the country is as one of the biggest furniture exporters in the world. However, the SMEs are facing difficulties in many areas, especially in spending their scarce resources efficiently. A case study to assess the efficiency of the wood-furniture SMEs has been conducted by applying the data envelopment analysis in Kangkung Village, Demak Regency, Indonesia. The results show that from ten assigned wood-furniture SMEs, there are six SMEs that are considered efficient, while the rest are regarded as inefficient. This research is expected to give some advantages to the SMEs regarding how to use their limited resources in an efficient way.

Supporting Small and Medium Enterpries to Access Technological Innovation State Fund: International Experience and Lessons for Vietnam

2018 ◽  
Vol 34 (1) ◽  
Author(s):  
Huong Vu Thanh ◽  
Thu Anh Nguyen ◽  
Mai Thi Thanh Nguyen
Keyword(s):  
Developing Countries ◽  
Technological Innovation ◽  
Financial Support ◽  
Technology Innovation ◽  
Small And Medium Enterprises ◽  
International Experience ◽  
Advanced Technologies ◽  
Medium Enterprises ◽  
Developed Nations ◽  
State Fund

Technological innovation state funds supporting small and medium enterprises (SMEs) are not common in the developing countries like Vietnam, but are common in the developed nations like the European countries and Korea. The financial and non-financial support of these funds has contributed significantly to the development of many SMEs. Learning from the funds which have successfully facilitated SMEs in innovating and developing advanced technologies is meaningful to the Vietnamese sicence and techonology management bodies and state funds. This article will review the experience of some typical fund in supporting SMEs, thereby providing some lessons for technology innovation Funds of Vietnam to create a more favorable environment for SMEs to access funds.

A Conceptual Framework for the Acceptance of E-Commerce Technologies among Organizations in Developing Countries

2020 ◽  
pp. 205-210
Author(s):  
A. M. Meirmanova
Keyword(s):  
Developing Countries ◽  
Conceptual Framework ◽  
Small And Medium Enterprises ◽  
Cultural Dimensions ◽  
Cultural Dimension ◽  
Unified Theory ◽  
Use Of Technology ◽  
Hofstede’S Cultural Dimensions ◽  
Hofstede's Cultural Dimensions ◽  
Medium Enterprises

The presented study examines e-commerce technologies a new conceptual framework of the unified theory of acceptance and use of technology among small and medium enterprises (SMEs) in developing countries.Aim. The study aims to identify factors for the implementation and acceptance of e-commerce among small and medium enterprises (SMEs) in developing countries.Tasks. The authors utilize tools of G. Hofstede’s cultural dimensions theory to describe the emotional attitude of an individual to the use of technology.Methods. This study examines various aspects of the method of the unified theory of acceptance and use of technology (UTAUT), which is implemented in many studies of behavioral intentions of individuals in the adoption of new technologies.Results. For the first time, a conceptual (predictive) model based on four moderating variables is proposed. The variables include such cultural dimension parameters as power distance index  (PDI), individualism/collectivism  (IDV), uncertainty avoidance  (UAI), and long-term/short-term orientation (LTO). These moderators boost the effect of the basic constructs on the behavioral propensity for the use and application of technologies.Conclusions. Based on the considered conceptual framework, the authors propose a number of recommendations for the development of tools that would ensure the required level of employee engagement in the acceptance and use of e-commerce technologies among small and medium enterprises (SMEs) in developing countries. Another promising direction involves using the tools of G. Hofstede’s cultural dimensions theory to examine the specific aspects of the acceptance and use of information technology among organizations belonging to different national business cultures.

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