scholarly journals MSME’s Sector in India: Challenges and Opportunities

2016 ◽  
Vol 4 (3) ◽  
pp. 612
Author(s):  
E. Upendar ◽  
K. Ramulu
Keyword(s):  
Poverty Reduction ◽  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Fuel Prices ◽  
The People ◽  
Challenges And Opportunities ◽  
The Government ◽  
Employment Potential ◽  
Medium Enterprises

<div><p><em>Micro Small and Medium Enterprises include Khadi, Village and Rural Enterprise. Today Millions of people depending upon MSMEs sector. Indian MSMEs are contributing regarding 45% manufacturing output and 40% exports. Every year 8-9% of GDP contributing to developing the nation.This sector is providing employment second largest after agriculture. The main advantage of this sector is employment potential low capital. MSMEs sector contributing develop the country but every day facing a number of challenges like the High cost of Raw materials, collateral requirements, Competition from domestic and foreign markets, Increased fuel prices, lack of credit facilities from financial institutions, etc. Due to the financing problems, every day 79 MSMEs are falling in sickness. The government took many initiatives for this sector but still problems persist. There are many opportunities in this sector for budding entrepreneurship but due to the many challenges the MSMEs sector is still unable to survive.The study is based on secondary data only. Every year this sector is worldwide generating 3, 000 employment opportunities for the people. The MSMEs sector is playing important role in poverty reduction and regional imbalances.Still today the Government of India took there are many initiatives to develop this sector but still the problems are encountering this sector.</em></p></div>

scholarly journals ANALISIS PENINGKATAN PEREKONOMIAN DAERAH MELALUI UMKM DALAM MENGELOLA PRODUK KEARIFAN LOKAL DI KOTA TERNATE PROVINSI MALUKU UTARA

2021 ◽  
Vol 5 (3) ◽  
Author(s):  
Darsanto Darsanto ◽  
Khasan Effendy ◽  
Nuryanto Nuryanto
Keyword(s):  
Regional Economy ◽  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Primary Data ◽  
Regional Government ◽  
Human Resource Capacity ◽  
The Government ◽  
Small Medium Enterprises ◽  
Medium Enterprises

The Implementation of regional development in the autonomy era is in accordance with Law Number 23 RI of 2014 concerning Regional Government based on regional capacities and initiatives. Where there are several development problem faced. Especially in Ternate City, when viewed from the perspective of population welfare, the problem of poverty and unemployment are still considered quite high. Therefore, strategic efforts are needed to deal with the problem in question. This paper aims to, 1) Describe the government’s efforts improved the regional economy through micro, small, and medium enterprises in managing local wisdom products in Ternate City, North Maluku Province; 2) Describe the factors that influenced efforts improved the regional economy through micro, small, medium enterprises in managing local wisdom product. The approach of this study was qualitative and descriptive method. The theory used to analyzed the main focus was The of Manpower Creation by Mansour Fakih. To saw the factors that affect the productivity of micro, small and medium enterprises used the concept proposed by Wilantara and Susilawati. The data sources were primary data and secondary data. Data collection techniques were obtained through interviews, observation and documentation carried out in Ternate City by involving the government and micro, small and medium enterprises by selecting a number of samples based on the snowball method. The results of this study indicate that the efforts made by the Local Government of Ternate City to improve its economy through micro, small, medium enterprises based on local wisdom potentiality are considered quite effective, because able to encourage and maintain productivity of business actors. These efforts generally take the form of development, fostering and provision of business capital that are regulative, service, facilitative and evaluative  roles. Although, there are several obstacles that are quite prominent and influential, including the lack of business capital, product marketing, inefficiency of bureaucratics services, low human resource capacity for technology and limited raw materials. Therefore, it is recomended that there be improvements in term of increating business capital, marketing creativity, supply of raw materials and increasing the latest technology-based education and training activities.

scholarly journals DETERMINING PRIORITY PRODUCTS OF SMALL MEDIUM ENTERPRISES FOR EXPORT THROUGH TRADING HOUSES

2017 ◽  
Vol 11 (2) ◽  
pp. 187-206 ◽  
Author(s):  
Fitria Faradila ◽  
Hasni Hasni
Keyword(s):  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Group Discussion ◽  
Secondary Data ◽  
Primary Data ◽  
Analytical Network Process ◽  
Network Process ◽  
The Government ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Upaya mempercepat laju ekspor Indonesia melalui peningkatan ekspor dari sektor usaha kecil dan menegah (UKM) merupakan pendekatan yang strategis. UKM telah terbukti sebagai sektor yang mampu bertahan dalam situasi krisis ekonomi domestik dan global. Namun demikian, UKM menghadapi beberapa kendala dalam menembus pasar internasional. Trading House dapat menjadi salah satu solusi dalam mengatasi kendala tersebut. Penelitian ini bertujuan untuk menyusun kriteria prioritas produk potensial ekspor dan sekaligus menentukan produk prioritas ekspor UKM yang akan dimasukkan dalam Trading House. Data yang digunakan adalah data sekunder yang berasal dari BPS dan data primer yang berasal dari FGD. Metode yang digunakan adalah metode Analytical Network Process (ANP). Metode ANP diharapkan dapat memberikan hasil yang lebih bagus mengingat kemampuannya dalam memperhitungkan interaksi dua arah antar elemen dan kluster dalam kerangka penelitian. Hasil analisis menunjukkan bahwa kriteria prioritas untuk menentukan produk Trading House adalah pangsa ekspor, impor dunia dan ketersediaan bahan baku lokal. Produk prioritas Trading House adalah perhiasan dan aksesoris, furnitur, makanan olahan, produk tekstil dan garmen, minyak atsiri (produk spa aromaterapi). Pemerintah perlu segera membangun Trading House yang komprehensif dan mensosialisasikan fungsinya kepada pelaku usaha terutama UKM. One of the efforts to accelerate Indonesian exports can be done through increasing small and medium enterprises (SMEs) which is a strategic approach. SMEs are able to survive in the domestic and global economic crisis even though they experienced some obstacles in getting an access to international market. Trading House could be a solution in overcoming the SMEs difficulties. This study aims to establish priority criteria of potential export products as well as priority of export products of SMEs through Trading House. This study utilized both secondary data coming from BPS and primary data from Focus Group Discussion (FGD), and used Analytical Network Process (ANP) method. The ANP is aimed to give the best solution of the problem since it considers two way interactions between elements or clusters (feedback). The results show that the priority criteria for determining Trading House products include the share of exports, world imports and the availability of local raw materials. Trading House priority products are jewelry and accessories, furniture, processed foods, textile and garment products, essential oils (aromatherapy spa products).The government must immediately build a comprehensive Trading House and socialize its functions to business players, especially SMEs.

scholarly journals Contributions of Micro, Small and Medium Enterprises (MSMEs) to Income Generation, Employment and GDP: Case Study Ethiopia

2019 ◽  
Vol 12 (3) ◽  
pp. 46 ◽  
Author(s):  
Hailai Abera Weldeslassie ◽  
Claire Vermaack ◽  
Kibrom Kristos ◽  
Luback Minwuyelet ◽  
Mahlet Tsegay ◽  
...  
Keyword(s):  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Weak Links ◽  
Income Generation ◽  
Access To Credit ◽  
Challenges And Opportunities ◽  
Entrepreneurial Climate ◽  
Market Linkage ◽  
Medium Enterprises ◽  
Log Linear

The pillar goals of this research are to review the conditions of MSMEs, their contribution to employment creation, income generation, poverty alleviation, contributions to the local, regional and national GDP, stimulating entrepreneurial climate and the challenges and opportunities in the design, implementations, marketing opportunities, linkages, financial sources, dynamics, survival and policy landscape. To achieve the presented purposes, we collected primary and secondary data through a survey, focus group discussions and documents reviews. We used qualitative and quantitative approaches to analyse the collected data using various statistical programs. We used descriptive and econometric statistical analysis to process the data, obtain the relevant estimation results and fully discuss the purposes under the study. We firmly maintain that the systems we presented, and the methods applied enabled us to tackle the aims of the study. MSMEs in Ethiopian are the chief sources of job, income, significantly contribute to the local, regional and national GDP and key policies to eliminate poverty. In the log-linear regression, we found that MSMEs initial capital, BDS, access to credit facility are the key determinants of MSMEs performance. Majority of the MSMEs produce for local and regional markets; few for national markets and none for international markets. Besides, we found that sex of MSMEs owner/manager, BDS, access to credit and capital size strongly determine the survival of MSMEs. Based on this study, the major obstacles of MSMEs in Ethiopia are the question of sustainability, lack of credit, weak market linkage, insufficient training, weak human resources development schemes, dependency on government and spoon-feeding mentality, oscillations in government policies, price variations, weak links and poor market and product development strategies.

scholarly journals Challenges and Opportunities of Building Resilient MSMEs in Zambia

2021 ◽  
Vol 04 (10) ◽  
Author(s):  
Billy Kaombe ◽  
Keyword(s):  
Research Study ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Research Paper ◽  
Data Sources ◽  
Learning Abilities ◽  
Challenges And Opportunities ◽  
Secondary Data Sources ◽  
Medium Enterprises

This research paper addresses the challenges and opportunities in building resilient Micro, Small and Medium Enterprises (MSMEs) in Zambia. The paper also examines the different forms of resilience and there implications on organisational resilience. The findings indicates that challenges encountered by MSMEs in building resilient business organisations can be addressed in different ways including through the development and implementation of monitoring and response capabilities, learning abilities and anticipation. The research study relied on secondary data sources and was able to conclude that building resilient MSMEs was vital for the survival of these business organisations.

scholarly journals Contribution of Small and Medium Enterprises Run by Women in Generating Employment Opportunity in Rwanda

2020 ◽  
Vol 15 (3) ◽  
pp. 14 ◽  
Author(s):  
Rachel Bayisenge ◽  
Hu Shengede ◽  
Yves Harimana ◽  
Jean Bosco Karega ◽  
Margret Lukileni ◽  
...  
Keyword(s):  
Economic Development ◽  
Gender Equality ◽  
Poverty Reduction ◽  
Small And Medium Enterprises ◽  
Low Cost ◽  
Doing Business ◽  
National Economic ◽  
The Government ◽  
Medium Enterprises ◽  
Quantitative And Qualitative Methods

Small and Medium Enterprises are the key to the national economic development as a way to improve its population livelihood. The main reason for this sector is a potential employment with the low cost of the capital. The contribution of small and medium enterprises run by women in society was recognized to the employment generation, gender equality and economic development. A personnel initiative, vision, and innovation to grow their businesses are well needed. In this research 15 districts out of 30 were selected to get all needed data, and thirteen (13) women were communicated in each selected district (15) as a sum of a hundred and ninety-five (195) correspondents. The combination of quantitative and qualitative methods was used to analyze data, and questionnaires and interviews were used to collect data. Our results have been proved that small and medium enterprises run by women and sustainability of Rwandan economic development were closely related as the SMEs run by women increase and employment opportunities also increase. It was noted that women owned SMEs is a central driving effort behind gender equality, poverty reduction, and job creation. Therefore, it is recommended that the government might set the policy to encourage women in doing business whereby women in different regions of Rwanda should be given enough attention in economy activities through both small and medium enterprises, and entrepreneurship.

scholarly journals Analisis Strategi Penguatan Usaha Kecil Menengah Pada Masa Pandemi Covid-19 di Kota Medan

2021 ◽  
Vol 21 (2) ◽  
pp. 588
Author(s):  
Ngatno Sahputra ◽  
Budi Antoro ◽  
Zulham Zulham
Keyword(s):  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Rapid Economic Growth ◽  
Strategic Role ◽  
Distribution Process ◽  
The Republic ◽  
Medium Enterprises ◽  
The City ◽  
Central Statistics

It cannot be denied that micro, small and medium enterprises have a strategic role in the country's economic system, among these strategic roles are absorbing local resources and wider employment opportunities and contributing to efforts to alleviate poverty. Based on data from the Ministry of Cooperatives and SMEs of the Republic of Indonesia in 2017, the workforce absorbed from MSMEs was 97.02%. This figure increased from the previous year of 112,828,610 people. The city of Medan has the potential for very rapid economic growth, the Central Statistics Agency (BPS) of Medan noted that the economy of Medan in 2018 grew by 5.92%. Even though the potential of micro-businesses is very potential, various problems still surround micro-businesses, making it difficult to develop. As an economic foundation, the MSME sector is the sector most affected by the Covid-19 outbreak due to the absence of activities outside the home by most people. This study intends to identify and analyze the problems faced by Small and Medium Enterprises and strategies for their strengthening during the Covid 19 Pandemic in Medan City. This research is a qualitative study with a literature review which was conducted in the city of Medan in July-November 2020. The type of data used is secondary data from the Central Statistics Agency and the Ministry of Cooperatives and Small and Medium Enterprises with the object of research being MSME actors. The results showed that the sales of MSME products in the city of Medan decreased by 68% due to difficulty in obtaining raw materials and delays in the distribution process as well as difficulties in capital which resulted in a slowing down of the production process by 16% of the total number of MSMEs in the city of Medan. The strengthening strategy is the Rapid Skimming strategy by setting high sales and promotion prices, or vice versa, namely the Low Skimming strategy and the Rapid Penetration strategy, by setting low product prices and high promotions or vice versa with the Slow Penetration strategy.

scholarly journals Digital economic literacy micro, small and medium enterprises (SMES) go online

INFORMASI ◽  
2020 ◽  
Vol 49 (2) ◽  
pp. 145-156
Author(s):  
Yosi Erlanitasari ◽  
Andre Rahmanto ◽  
Mahendra Wijaya
Keyword(s):  
Digital Literacy ◽  
Small And Medium Enterprises ◽  
Qualitative Content Analysis ◽  
Secondary Data ◽  
Online Marketing ◽  
Primary Data ◽  
Economic Literacy ◽  
The Government ◽  
Medium Enterprises ◽  
Google Search

Micro, Small and Medium Enterprises (SMEs) have a very vital role in the development and economic growth. In the history of the Indonesian nation's economy, SMEs as a support of the national economy. To make SMEs rise in class, a strategy is needed where one of them is the use of digital economic literacy. Development of digital-based SMEs needs to be done digital literacy so that when SMEs are able to utilize digital technology it will increase revenues by up to 80%. At present, the number of SMEs in Indonesia reaches 62,922,617 units of which the highest number is in the Micro Scale 62,106,900 business units (98.70%) with Small Business 757,090 units (1.20%), and Medium Enterprises 58,627 units (0 , 09%). This research was aimed at toanalyze the Go Online SMEs Movement program launched by the government from 2017 until now, even for the future this program will be launched. The research was conducted with a qualitative content analysis method in which primary data online portal research through the Google search engine. Whereas secondary data were obtained from government publications about the Go Online SMEs Movement program. Research shows that only 36% of SMEs in Indonesia is still struggling with conventional marketing. Meanwhile, 37% of SMEs only have basic online marketing capacity such as computer and broadband access. The remaining 18% of SMEs have medium online capacity because they can use websites and social media. Only 9% have digital marketing capacity that can be categorized as sophisticated. The study recommended the importance of the government conducting intensive socialization of the Go Online SMEs Movement. In fact, it must also be at the level of assistance for SMEs. SMEs must be the main players in the development of the digital economy in Indonesia. Collaboration between government and e-commerce is carried out continuously to make Indonesia the Digital Energy of Asia by 2020.Usaha Mikro, Kecil, dan Menengah (UMKM) memiliki peran yang sangat vital di dalam pembangunan dan pertumbuhan ekonomi. Dalam sejarah perekonomian bangsa Indonesia,  UMKM sebagai penopang perekonomian nasional. Untuk menjadikan UMKM naik kelas, dibutuhkan strategi dimana salah satunya adalah penggunaan literasi digital ekonomi. Pengembangan UMKM berbasis digital perlu dilakukan literasi digital sehingga ketika UMKM mampu memanfaatkan teknologi digital akan meningkatkan penerimaan hingga 80%. Saat ini, jumlah UMKM di Indonesia mencapai 62.922.617 unit dimana dari jumlah tersebut terbanyak di Skala Mikro 62.106.900 unit usaha (98,70%) dengan Usaha Kecil 757.090 unit (1,20%), dan Usaha Menengah 58.627 unit (0,09%). Penelitian ini bertujuan untuk menganisis program Gerakan UMKM Go Online yang diluncurkan pemerintah sejak tahun 2017 sampai dengan sekarang, bahkan untuk masa yang akan datang program ini akan terus diluncurkan. Penelitian dilaksanakan dengan metode analisis isi kualitatif dimana data primer penelitian portal online melalui mesin pencari Google. Sedangkan data sekunder didapat dari publikasi pemerintah mengenai program Gerakan UMKM Go Online. Hasil peneitian menunjukkan hanya 36% UMKM di Indonesia masih berkutat dengan pemasaran konvensional. Sedangkan, 37% UMKM hanya memiliki kapasitas pemasaran online yang bersifat mendasar seperti akses komputer dan broadband. Sisanya, sebesar 18% UMKM memiliki kapasitas online menengah karena dapat menggunakan website dan medsos. Hanya 9% saja yang memiliki kapasitas pemasaran digital yang bisa dikategorikan canggih. Penelitian merekomendasikan pentingnya pemerintah melakukan sosialisasi secara intensif mengenai Gerakan UMKM Go Online. Bahkan, juga harus pada tataran pendampingan pada pelaku UMKM. UMKM harus menjadi pemain utama dari perkembangan ekonomi digital di Indonesia. Kolaborasi antara pemerintahan dan e-commerce dilakukan secara kontinyu untuk menjadikan Indonesia sebagai Digital Energy of Asia pada 2020. 

scholarly journals PEMBERDAYAAN USAHA MIKRO KECIL DAN MENENGAH (UMKM) DALAM PENANGGULANGAN KEMISKINAN

2014 ◽  
Vol 2 (2) ◽  
pp. 165
Author(s):  
Ferry Duwi Kurniawan ◽  
Luluk Fauziah
Keyword(s):  
Waste Disposal ◽  
Qualitative Method ◽  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Selling Price ◽  
Inhibiting Factors ◽  
Inhibiting Factor ◽  
Group Members ◽  
The Government ◽  
Medium Enterprises

The purpose of this study to analyze and describe the empowerment ofsmall and Medium Enterprises (SMEs) as reduction of poverty in Waru Rejovillage, Gempol Subdistrict, Pasuruan Regency as well as describe its supporting and inhibiting factors. This study used descriptive qualitative method. Data was collected through observation, interviews and documentation. The results of this study indicated the process of empowerment has been done by the government was limited to the provision of capital to develop Small and Medium Enterprises. In this empowerment, there are supporting factors included sufficient of labor,raw materials were cheap and easy to find, law of capital, the support fromapparatus village, supply raw materials were easy, agreement of selling price between group members. Meanwhile, inhibiting factor in this empowerment were inadequate or damaged on infrastructure, minimum assistance from the government, lack of waste disposal sites, and nothing of marketing products.

scholarly journals THE INFLUENCE OF SMALL AND MEDIUM ENTERPRISE GROWTH, INVESTMENT, AND LABOR ON ECONOMIC GROWTH IN BATAM CITY

2020 ◽  
Vol 9 (1) ◽  
pp. 31
Author(s):  
Intan Utna Sari ◽  
Asron Saputra
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Small And Medium Enterprises ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Series Data ◽  
Analysis Model ◽  
The Government ◽  
Medium Enterprises

One of the important benchmarks in determining the success of economic development is economic growth. The role of the government in achieving development success is to determine the direction of development policies and to achieve these development targets a good development plan is needed to realize stable economic growth in order to improve people's welfare, namely by increasing Small and Medium Enterprises, Investment and Manpower. This study aims to determine the simultaneous and partial effect of Small and Medium Enterprises, Investment and Labor on the economic growth of Batam City. The data source is secondary data using panel data consisting of time series data for three years and cross section data of nine districts which resulted in 45 observations. The analysis technique used to solve the problem in this study is the multiple linear regression analysis model. The results of this study indicate that in terms of small and medium enterprises, investment and labor have a significant effect on economic growth in Batam City. This indicates that the number of SMEs (Small and Medium Enterprises), Investment and Manpower in Batam City can determine the level of economic growth in Batam City. This is because SMEs, investment and labor are activities that can produce goods or services. Partially Small and Medium Enterprises, Investment and Labor have a positive and significant effect on economic growth in Batam City, meaning that if the number of Small and Medium Enterprises, Investment and Labor is increased, economic growth will also increase.

scholarly journals Peran Indonesia Convention Exhibition terhadap Pengembangan Industri MICE di Provinsi Banten

2019 ◽  
Vol 2 (1) ◽  
pp. 77
Author(s):  
Zairil Z
Keyword(s):  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Literature Study ◽  
Professional Management ◽  
Food And Beverage ◽  
Huge Impact ◽  
The Government ◽  
Mice Industry ◽  
Medium Enterprises ◽  
Exhibition Industry

The existence of exhibition halls with professional management is a major factor to boost the exhibition industry in an area. The exhibition industry is one of the supporting elements of MICE (meetings, incentives, conventions, and exhibition / events). The government has set MICE as a top five sector in bringing foreign tourists, even this sector is targeted to be able to grow up to 10% in 2019. The purpose of this paper is to analyze the growth of Indonesia Convention Exhibition (ICE) and its impact on the promotion of small and medium enterprises in Banten Province. This research uses a literature study with descriptive and explorative approaches and secondary data from Central Bureau of Statistics (BPS). It can be concluded that: (1) ICE is very potential and has a huge impact in contribution of creating jobs, increasing regional yield and income for the country, (2) With the increase of MICE events at ICE, it will attract a high number of visitors to come and be a potential market for hotel industry, event organizers (EO), travel agencies and transportation to get a decent profit. In addition, many small and medium enterprises (MSMEs) which involved in MICE industry grow their revenue such as catering services, souvenir, food and beverage sellers.

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