Analyzing the Determinants of Entrepreneurial Activity Level in Urban Micro Enterprises in Sri Lanka

2016 ◽  
Author(s):  
B.W.R. Damayanthi
Author(s):  
Svitlana Dotsiuk ◽  

The article defines the essence of entrepreneurship and reveals the views of domestic scientists on this term. The characteristic features and functions of entrepreneurship are given, the subjects that are related to entrepreneurial activity are indicated and the categories of citizens who are not allowed to engage in entrepreneurial activity. The author reflects the types of business entities, which are divided into micro-enterprises, small, medium and large depending on the size, average number of employees for the reporting period (calendar year) and annual income from any activity of the enterprise. The dynamics of the number of operating enterprises in Ukraine, including agriculture, forestry and fisheries during 2016-2020, is analyzed, the reasons leading to the decrease in the number of enterprises and their competitiveness are given. The presented work reflects the main components of organizational and institutional support of entrepreneurship, which consist of two important parts - organizational and institutional. The importance of human resources is noted, because today in Ukraine there is an increasing question of improving its efficiency in enterprises. Wages are one of the ways to motivate staff, through which the company is able to retain creative and promising employees. The article highlights the need to provide enterprises with technical means and technologies, the formation of equity and borrowed capital, the use of the latest developments in science and technology. It is equally important to provide the company with reliable and truthful information about the domestic and global markets.


Author(s):  
Obi Chinazor Franca

Nigeria witnessed an economic downturn in 2009 due to the global financial crisis and in 2016 as a result of the global oil price crash. The Nigerian economy was resuscitating from the economic recession before the emergency of the COVID-19 pandemic and its curtail measures. Most private and government firms laid-off their workers, while others had their staff salaries. The sustaining business operations in this era may be extremely difficult due to lack of funds for self-employment, start-up ventures, innovations or new market opportunities. With the help of the Central Bank the government rowed out some monetary and fiscal measures referred to in the study as Economic Responses Measures (ERM). The aim of the study is to examine the relationship between COVID-19 ERM and the Entrepreneurial Activity (EA) of micro business. It has been stated that COVID-19 ERM provide innovations, self-employment, start-up and new market creation activities of micro-enterprises in Nigeria. An exploratory survey was done on 294 randomly selected samples from micro-enterprises (retail, ICT, manufacturing and artisans) across the six geopolitical zones in Nigeria. The result proves empirically that COVID-19 ERM does not have a significantly positive relationship with the EA of micro-businesses in Nigeria. The implication of this finding therefore suggests that many micro-businesses may not have accessed these ERM or do not embark in EA. There is highlighted the importance of government support to micro-businesses and also provided new dimensions for the measures of micro-business EA.


Author(s):  
Angela Roman ◽  
Valentina-Diana Rusu

Our paper aims to investigate how the changes in macroeconomic conditions and the quality of insti-tutions affect the level of entrepreneurial activity in 18 European Union countries, over the period 2002–2016. Using panel-data estimation techniques, we alternatively analyzed the effects of some macroeconomic and institutional framework related factors (in particular, the quality of institutions) on entrepreneurial activity level, proxied by the total early-stage entrepreneurial activity rate, nascent entrepreneurship rate, and new business ownership rate. The results of our empirical analysis show that the economic situation of EU countries and the quality of institutions (reflected in our study through competitiveness, economic freedom, and governance quality) have a significant effect on early-stage entrepreneurs and for some variables the sign of the relationship depends on the age of the business. Our findings may be of interest to policy makers in developing effective policies contributing to enhancing the entrepreneurial capacity in different countries.


Author(s):  
Wasantha Rajapakshe

Aim: The study investigates the impact of microfinance practices on the growth of micro-enterprises (MEs) concerning the Central Province, Sri Lanka. It has been discovered that the growth of microbusinesses is dependent on gender, age, education level and nature of the industry. Design/Methodology/Approach: Multinomial Logistic Regression models was applied in this study. Multinomial logistic regression is frequently used for the analysis of categorical response data with continuous or categorical explanatory variables. Parameter estimates are usually obtained through direct maximum likelihood estimation. Two models were used to test the hypothesis concerning the three practices, micro-credit, training and advisory services. Primary data were obtained from 200 registered microenterprises (ME) owners in the Central Province through convenience sampling methods.  Data collection was conducted using a self-structured questionnaire. Results and Conclusion: According to the results, microfinance practices have a significant relationship with the development of MEs, while Microcredit and advisory services have a significant impact on the development of MEs. Training programmes have not significantly impacted on the development of MEs. The research concludes that microfinance as a whole educates and helps to develop micro financed micro-scale enterprise businesses and positively impact those families in the Central Province, Sri Lanka. Research limitations/implications: Data were limited to select only one province in Sri Lanka out of nine using a self-structured questionnaire.  Also considering the response rate and sample size, there are limitations to generalize the findings. This research was restricted to three variables micro-credit; Training and Advisory services impact of other factors that can influence the growth of MEs did not fall under the scope of this study. Originality and Value: The impact of microfinance practices on MEs growth in Central Province in Sri Lanka is an under-researched area of study.  The findings of this study can act as a guideline in the future for decision-makers to identify factors that influence more on MEs development.


2017 ◽  
Vol 2 (6) ◽  
pp. 34
Author(s):  
Kahadawa Appuhamilage Sucharitha Navarathne
Keyword(s):  

2020 ◽  
Vol 64 (2) ◽  
pp. 325-336 ◽  
Author(s):  
Dimitriya H. Garvanska ◽  
Jakob Nilsson

Abstract Kinetochores are instrumental for accurate chromosome segregation by binding to microtubules in order to move chromosomes and by delaying anaphase onset through the spindle assembly checkpoint (SAC). Dynamic phosphorylation of kinetochore components is key to control these activities and is tightly regulated by temporal and spatial recruitment of kinases and phosphoprotein phosphatases (PPPs). Here we focus on PP1, PP2A-B56 and PP2A-B55, three PPPs that are important regulators of mitosis. Despite the fact that these PPPs share a very similar active site, they target unique ser/thr phosphorylation sites to control kinetochore function. Specificity is in part achieved by PPPs binding to short linear motifs (SLiMs) that guide their substrate specificity. SLiMs bind to conserved pockets on PPPs and are degenerate in nature, giving rise to a range of binding affinities. These SLiMs control the assembly of numerous substrate specifying complexes and their position and binding strength allow PPPs to target specific phosphorylation sites. In addition, the activity of PPPs is regulated by mitotic kinases and inhibitors, either directly at the activity level or through affecting PPP–SLiM interactions. Here, we discuss recent progress in understanding the regulation of PPP specificity and activity and how this controls kinetochore biology.


2015 ◽  
Vol 21 ◽  
pp. 114-115
Author(s):  
Kavinga Gunawardane ◽  
Noel Somasundaram ◽  
Neil Thalagala ◽  
Pubudu Chulasiri ◽  
Sudath Fernando

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