scholarly journals Growth, performance and projections — Micro, small, and medium enterprises (MSME\'s) in India: A discourse analysis

2021 ◽  
Vol 8 (4) ◽  
pp. 155-158
Author(s):  
Sanket L. Charkha ◽  
Bhavana Shah
Keyword(s):  
Economic Activity ◽  
Small And Medium Enterprises ◽  
Wealth Inequality ◽  
The Other ◽  
Fiscal Year ◽  
Business Services ◽  
Continuous Increase ◽  
Emerging Nations ◽  
Per Capita ◽  
Medium Enterprises

The micro, small, and medium-sized enterprise (MSME) sector is regarded as an economy's growth engine. During 2012-13, the Micro, Small and Medium Enterprises (MSME) sector, including that of the business services industry, contributed 37.54 percent to the nation's exports GDP, with 805.24 lakh people employed inside this sector. For the fiscal year 2014-15, the industry contributed 44.70 percent of India's overall exports. Income and wealth inequality are also widespread, particularly in emerging nations like India. We require a 'Inclusionary Growth' framework to handle these issues. Growth will not even be comprehensive until and unless the benefits of growth reach the other side of the pyramid. A continuous increase in per capita income cannot inevitably translate to a sustained gain in standard of life in a developing country like India, where disparity in wealth and economic activity is large.

scholarly journals Micro, Small, and Medium Enterprises (MSME’s) IN THE MIDDLE OF THE COVID-19 PANDEMIC

2021 ◽  
Author(s):  
lady
Keyword(s):  
Small Business ◽  
Economic Activity ◽  
Small And Medium Enterprises ◽  
The Law ◽  
Business Entities ◽  
Medium Enterprises ◽  
Micro Enterprises

MSMEs (Micro, Small, and Medium Enterprises) according to Law No. 20 of 2008 is a stand-alone productive economic activity. This business is usually carried out by individuals and not business entities that have subsidiaries or branch companies. It is further explained in the Law regarding the criteria for MSMEs, which are as follows:• Micro Enterprises: maximum assets of IDR 50 million• Small Business: assets of more than IDR 50 million – IDR 500 million.• Medium Enterprises: assets of more than IDR 500 million – IDR 10 billion.

scholarly journals FINTECH SEBAGAI SALAH SATU SOLUSI PEMBIAYAAN BAGI UMKM

AdBispreneur ◽  
2019 ◽  
Vol 3 (2) ◽  
pp. 89
Author(s):  
Muhamad Rizal ◽  
Erna Maulina ◽  
Nenden Kostini
Keyword(s):  
Banking Sector ◽  
Small And Medium Enterprises ◽  
Peer To Peer ◽  
The Other ◽  
Financial Resources ◽  
Financial Industry ◽  
Loan Fund ◽  
Classic Problem ◽  
Peer Lending ◽  
Medium Enterprises

ABSTRACTIn 2017, more than 40 new fintech businesses is born, this financial business have emerged that have tried their luck in the Indonesian financial landscape along with the other 140s of startup that have stood before. Indonesia's fintech industry has become one of the prima donna that attracted so much attention from the financial industry actors. Investment on startup fintech began to attract a lot of interest, even some startup managed to get series A of investment this year. The fintech sectors are beginning to develop and many new products are launched.Meanwhile, the Ministry of Cooperatives and Small and Medium Enterprises (Ministry of Small and Medium Enterprises) launched 3.79 million micro, small and medium enterprises (SMEs) already utilizing online platform in marketing their products. This number is around 8 percent of the total perpetrators of SMEs in Indonesia, which is 59.2 million.The problem of sources of financing is a classic problem that is a barrier to the growth of SMEs who do not get financing facilities from the banking sector. Lack of financial resources makes SMEs unable to develop innovations to increase production. However, the rapid growth of financing business of fintech, such as peer-to-peer lending can now be another alternative for loan fund raisers. peer-to-peer lending is a financing business that targets the middle to lower market sectors  ABSTRAKSepanjang tahun 2017, setidaknya muncul lebih dari 40 bisnis fintech baru yang mencoba peruntungan di lanskap keuangan Indonesia bersama dengan 140-an startup lain yang telah berdiri sebelumnya. Industri fintech Indonesia memang menjadi salah satu primadona yang menarik perhatian begitu besar dari para pelaku industri keuangan. Investasi pada startup fintech mulai banyak diminati, bahkan beberapa startup berhasil mendapatkan investasi seri A di tahun ini. Sektor-sektor fintech mulai berkembang dan produk-produk baru banyak diluncurkan.Sementara itu, Kementerian Koperasi dan Usaha Kecil Menengah (Kemenkop UKM) melansir sebanyak 3,79 juta usaha mikro, kecil, dan menengah (UMKM) sudah memanfaatkan platform online dalam memasarkan produknya. Jumlah ini berkisar 8 persen dari total pelaku UMKM yang ada di Indonesia, yakni 59,2 juta.Masalah sumber pembiayaan merupakan masalah klasik yang menjadi penghambat pertumbuhan UMKM yang tidak mendapat fasilitas pembiayaan dari sektor perbankan. Kurangnya sumber dana menjadikan UMKM tidak dapat mengembangkan inovasi untuk meningkatkan produksinya. Namun demikian pesatnya pertumbuhan bisnis pembiayaan FinTech seperti peer-to-peer lending  sekarang ini bisa menjadi alternatif lain bagi para pencari dana pinjaman. peer-to-peer lending merupakan bisnis pembiayaan yang menyasar sektor  pasar menengah ke bawah.

scholarly journals Export Contribution of Micro, Small and Medium Enterprises to GDP Per capita in Indonesia

2021 ◽  
Vol 4 (3) ◽  
pp. p11
Author(s):  
Deddy Tri Harjanto ◽  
Cicih Ratnasih ◽  
Yolanda Yolanda
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Research Method ◽  
Inverse Relationship ◽  
Small And Medium Enterprises ◽  
Gdp Per Capita ◽  
Negative Effect ◽  
Per Capita ◽  
The Exchange Rate ◽  
Medium Enterprises

This study will determine how much the influence of the exchange rate, the number of MSMEs, investment, credit, and inflation on MSME exports nationally, and how they contribute to GDP per capita. The research method uses multiple regression with data transformation ln. The results of the study consist of model 1, the exchange rate factor, the number of MSMEs, investment, credit, and inflation are variables that influence increasing the number of product exports produced from the MSME sector. In the second model, the contribution of MSME exports to GDP per capita. The results showed that of all significant positive variables and one significant negative variable. The investment required in Indonesia, whose number continues to increase yearly, affects the high number of products exports from the MSME sector. For this reason, investment factors must continue to be considered to increase MSME exports. In contrast, the contribution of the inflation variable has a significant negative effect, which is an inverse relationship to MSME exports. It is predicted that if inflation is low, MSME exports will increase, and vice versa if inflation is high, MSME exports will decline. Furthermore, model 2 shows that MSME exports significantly contribute to gross domestic product per capita. In this case, the ups and downs of Micro, Small, and Medium Enterprises' exports need special attention.

Innovation Management Based on Knowledge

2015 ◽  
pp. 275-294
Author(s):  
Antonio-Juan Briones-Peñalver ◽  
Jose-Luis Roca-Gonzalez ◽  
Inmaculada-José Martínez-Martínez
Keyword(s):  
Corporate Governance ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Innovation Management ◽  
The Other ◽  
Organizational Relationships ◽  
Good Corporate Governance ◽  
Market Approach ◽  
Medium Enterprises

The development of innovation management associated to knowledge management and business inter-organizational relationships based on project management is extremely important for good corporate governance and business performance. The interest of this chapter is to define the conceptual framework of everything mentioned above in technology-based companies. This chapter presents cases based on best practices for the development of innovation management, which is very present in small and medium enterprises with a market approach. This is the case of firms with a defense-related technology. The case study is about the innovation based on knowledge and research and about a technological and strategic view. On the other hand, economic inter-organizational relationships are also taken into account. An empirical analysis of 236 technology-based companies related to Spanish defense industry including a study about Knowledge and Innovation Management (KIM) as well as an assessment of its framework are also included.

scholarly journals Decision-making on loan services of small and medium enterprises (SMEs) in agrarian areas of North-Eastern Thailand

2020 ◽  
Vol 175 ◽  
pp. 12014
Author(s):  
Pisit Potjanajaruwit
Keyword(s):  
Small And Medium Enterprises ◽  
Statistical Significance ◽  
Construction Materials ◽  
Public Works ◽  
The Other ◽  
Online Questionnaire ◽  
Significance Level ◽  
North Eastern ◽  
Medium Enterprises ◽  
Quality Construction

The purpose of this research was to study the quality and standards of work that influence the operational efficiency of Small and Medium Enterprises in the construction business in Thailand. The data was gathered from 400 construction business entrepreneurs, 342 of which were respondents of an online questionnaire and the other 58 were out of 80 respondents to a questionnaire sent by post. The result revealed that quality and standards of work had effects towards the efficiency of the business. Having been granted permission to do construction from a provincial office of public works was found to affect their benefits and customers’ satisfaction with statistical significance. It was also found that the use of good-quality construction materials and having construction completed on the requested schedule had an effect towards the business’s revenue at the statistical significance level of 0.05.

Use of knowledge management systems: analysis of the strategies of Brazilian small and medium enterprises

2020 ◽  
Vol 24 (2) ◽  
pp. 369-394 ◽  
Author(s):  
Euro Marques Júnior ◽  
Jose Alcides Gobbo ◽  
Fernando Fukunaga ◽  
Roberto Cerchione ◽  
Piera Centobelli
Keyword(s):  
Knowledge Management ◽  
Small And Medium Enterprises ◽  
Reciprocal Relationship ◽  
The Other ◽  
Management Systems ◽  
Successful Implementation ◽  
Knowledge Management Systems ◽  
Content Type ◽  
Medium Enterprises ◽  
Use Of Knowledge

Purpose This paper aims to highlight the degree of diffusion and intensity of use of knowledge management systems (KMSs) among small and medium enterprises (SMEs) in Brazil and apply a taxonomy that synthesizes the strategies of use of KMSs by the SMEs. In addition, it seeks to better understand the processes, practices and technologies of KM by SMEs, pointing improvements in the KMS of Brazilian SMEs and contributing to obtain better results in the search for efficiency and innovation. Design/methodology/approach Based on a literature review on KMSs used by SMEs, an empirical investigation was conceived, developed and conducted through online questionnaires involving 49 selected SMEs operating in several sectors. Findings This paper reinforces the results of the previous work of Cerchione and Esposito (2017) that point to the existence of a reciprocal relationship between KM-Tools and KM-Practices: one reinforces the other and vice versa. On the other hand, it indicates a difference in the behavior of Brazilian companies in relation to the sample of Italian companies studied by Cerchione and Esposito (2017), which presented a negative correlation between the general differentiation index and the general use intensity index of SMEs, while the Brazilian ones showed a positive correlation. Research limitations/implications The study points out the need for greater dissemination of practices and tools to support knowledge management (KM), as well as greater support for the implementation and effective use of these practices and tools within the organizational context of SMEs. Practical implications This paper identifies the main practices and tools to support KM used by Brazilian SMEs, indicating the need for investments in employee training and acquisition of tools. Social implications SMEs represent an important part of the generation of jobs and income in Brazil. Initiatives that lead to the successful implementation of tools and practices to support KM can increase the efficiency and productivity of these organizations. Originality/value This paper applies in a sample of Brazilian companies the taxonomy proposed by Cerchione and Esposito (2017) combining strategies of SMEs for the use of KMSs.

Promoting SMEs and Enhancing Labor Productivity in Singapore: A Policy Analysis

2014 ◽  
Vol 05 (03) ◽  
pp. 1440012
Author(s):  
Khee Giap Tan ◽  
Yan Yi Tan
Keyword(s):  
Labor Productivity ◽  
Employment Growth ◽  
Small And Medium Enterprises ◽  
Gdp Growth ◽  
Challenges And Opportunities ◽  
Potential Gdp ◽  
Per Capita ◽  
Cross Country ◽  
Medium Enterprises ◽  
Performance Challenges

While Singapore has been doing well in terms of cross-country per capita income comparisons and in terms of overall employment growth, it has been a laggard when it comes to labor productivity and this concern is more serious for small and medium enterprises (SMEs). In this context, this paper first identifies the sources of gross domestic product (GDP) growth and simulates different scenarios pertaining to the potential GDP which the economy can achieve given the level of required productivity based on some employment-growth assumptions. Further, the paper reevaluates the performance, challenges and opportunities for SMEs as well as suggests several policy strategies as to how SMEs can synergize and be more competitive moving forward.

scholarly journals FOREIGN DIRECT INVESTMENT AND THE PERFORMANCE OF INDONESIAN MARKETPLACE E-COMMERCE CORPORATION: AN APPLICATION OF NETWORK, OWNERSHIP, LOCATION AND INTERNALISATION FRAMEWORK

2020 ◽  
Vol 24 ◽  
Author(s):  
‪M. Elfan Kaukab ◽  
Vincent Didiek Wiet Aryanto
Keyword(s):  
Foreign Direct Investment ◽  
Capital Structure ◽  
Direct Investment ◽  
Sharp Increase ◽  
Small And Medium Enterprises ◽  
The Other ◽  
Domestic Investment ◽  
Marketing Performance ◽  
Medium Enterprises ◽  
The Impact

Data on real-time marketing performance from micro, small and medium enterprises (MSMEs) selling their products in marketplace e-commerce corporations (MECCs) is a big challenge for researchers studying the performance of MECCs capital structure. This article explores the use of Google Trends to determine the impact of Foreign Direct Investment (FDI) on MECCs’ performance. The findings of the trend analysis are explained using the N-OLI framework. It is found that there was a sharp trend decrease in MECCs with partial FDI (Tokopedia and Bukalapak) and full domestic investment (Blibli).On the other hand, there was a sharp increase in MECCs full FDI (Shopee). Other MECCs with full FDI, namely Lazada, has experienced a decrease but it is not as consistent as that of partial FDI. An increase trend in Shopee has negative correlation with a decline trend in Bukalapak. However, after being grouped, partial FDI has a significantly higher mean score compared to full FDI, and MECCs without FDI has the lowest mean score. This finding shows that in the case of Indonesia, FDI plays a role in encouraging the success of MSMEs, especially in MECCs, which have a combination of FDI and domestic investment.

scholarly journals Analisis Penerapan Pajak Penghasilan Usaha Mikro Kecil dan Menengah

2019 ◽  
Vol 2 (1) ◽  
pp. 11-19
Author(s):  
Barita Sormin ◽  
Syamsuri Rahim
Keyword(s):  
Small And Medium Enterprises ◽  
Descriptive Analysis ◽  
Income Taxes ◽  
The Other ◽  
Analysis Method ◽  
Indonesian Government ◽  
Interactive Model ◽  
Model Research ◽  
Before And After ◽  
Medium Enterprises

This research aimed to: (1) To obtain and analyse application of Indonesian Government Act No. 23 of 2018 about increasing level of Micro Small and Medium Enterprises taxpayers who apply in South Makassar and North Makassar Tax Office, (2) to obtain and analyse application of Indonesian Government Act No. 23 of 2018 about contributed Micro Small and Medium Enterprises income taxes related to collection of income taxes Article 4 Section 2 in South Makassar and North Makassar Tax Office. Analysis method used in this research is descriptive analysis to describe increasing number of taxpayers before and after after application of Government Act No.23 of 2018 about collection of income taxes Article 4 Section 2. This research used descriptive analysis method with interactive model. Research shown that: (1) in South Makassar Tax Office, after application of Government Act No.23, shown increasing number of Micro Small and Medium Enterprises taxpayers for 79,61%, in the other hand, in North Makassar Tax Office, after application of Government Act No.23, shown decreasing number of Micro Small and Medium Enterprises taxpayers for -2,44%. (2) in South Makassar Tax Office, average collection of income taxes Article 4 Section 2, after 6 months since applying Government Act No. 23 of 2018, is 10,49% with the low criteria, and in North Makassar Tax Office, average collection of income taxes Article 4 Section 2, after 6 months since applying Government Act No. 23 of 2018, is 17,85% with the low criteria. In the future, government especially South Makassar and North Makassar Tax Office needs to be active and keen for holding personal socialization to the taxpayers.

scholarly journals Tugas PE (Stanley Ronaldi Tandio/130317110/C)

2019 ◽  
Author(s):  
Stanley Ronaldi Tandio
Keyword(s):  
Digital Technology ◽  
Online Shopping ◽  
Total Population ◽  
Small And Medium Enterprises ◽  
The Other ◽  
Primary Data ◽  
Internet Users ◽  
The One ◽  
Medium Enterprises ◽  
Average Expenditure

The current number of internet users in Indonesia has exceeded50% of the total population, with an average expenditure ofIDR 6.5 million per annum for online shopping. The value ofe-commerce has reached US$ 87.8 or 52% of the e-commercemarket in Southeast Asia. On the one hand, the development ofdigital lifestyle and digital technology-based industries has becomea necessity, but on the other hand, it will become “a serious threat”for traditional and conventional businesses as a result of changesin consumer shopping characteristics, that is, fast, practical, andinexpensive. Millennial generation is very familiar with digitaltechnology and becomes potential target to increase market share.This research is categorized as qualitative research with positiveparadigm. This research uses primary data and secondary datawith the focus on Micro Small and Medium Enterprises (MSMEs)and the behavior of consumers as internet (smartphone) users. Theresults show that there are still some problems with regulation,collaboration, and infrastructure that need to be addressed so asnot to hamper the growth of the digital economy and the stabilityof the financial system in Indonesia.

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