scholarly journals Success factors of MSMEs in Colombia

2019 ◽  
Vol 13 (26) ◽  
pp. 318-327
Author(s):  
Hugo Fernando Castro-Silva ◽  
Fernando Rodríguez-Fonseca ◽  
Yamith Alfonso Martínez-Chaparro

The importance of the micro-, small-, and medium-sized enterprises (MSMEs) sector in the economic and social development of a country is increasingly evident. Despite the promotion of MSMEs, the startup failure rates during the first years of operation are high. This empirical and descriptive study aims to provide a clearer understanding of the influencing factors of the success of startups, including those favored with seed capital from the national government, according to the perception of the owners/managers of these companies. The methodological design of the research contemplates a systematic literature review and two stages that incorporate quantitative and qualitative approaches. The results indicate that the relationship among finance and business networks, strategic planning, product and service innovation, supply chain management, and financing decisions significantly influence the enterprise success beyond the first two years of operation. The main contribution of this work is that it is one of the few that focuses on the entrepreneur’s direct perceptions and not on aggregate economic data.

Author(s):  
Gustavo Rafael Escobar Delgado ◽  
Anicia Katherine Tarazona Meza ◽  
Andy Einstein García García

The research analyzes the relationship between factors of resilience and academic performance in disabled students studying at the Technical University of Manabí. It is a correlational descriptive study conducted with a population of 88 disabled students, of which two groups were selected, one with high academic performance and the other with low performance. A questionnaire was designed and applied to determine the level of quality of life and risk factors of adolescents. Resilience was measured with the SV-RES scale created for the Latin American population.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Martin Saveski ◽  
Edmond Awad ◽  
Iyad Rahwan ◽  
Manuel Cebrian

AbstractAs groups are increasingly taking over individual experts in many tasks, it is ever more important to understand the determinants of group success. In this paper, we study the patterns of group success in Escape The Room, a physical adventure game in which a group is tasked with escaping a maze by collectively solving a series of puzzles. We investigate (1) the characteristics of successful groups, and (2) how accurately humans and machines can spot them from a group photo. The relationship between these two questions is based on the hypothesis that the characteristics of successful groups are encoded by features that can be spotted in their photo. We analyze >43K group photos (one photo per group) taken after groups have completed the game—from which all explicit performance-signaling information has been removed. First, we find that groups that are larger, older and more gender but less age diverse are significantly more likely to escape. Second, we compare humans and off-the-shelf machine learning algorithms at predicting whether a group escaped or not based on the completion photo. We find that individual guesses by humans achieve 58.3% accuracy, better than random, but worse than machines which display 71.6% accuracy. When humans are trained to guess by observing only four labeled photos, their accuracy increases to 64%. However, training humans on more labeled examples (eight or twelve) leads to a slight, but statistically insignificant improvement in accuracy (67.4%). Humans in the best training condition perform on par with two, but worse than three out of the five machine learning algorithms we evaluated. Our work illustrates the potentials and the limitations of machine learning systems in evaluating group performance and identifying success factors based on sparse visual cues.


2017 ◽  
Vol 24 (5) ◽  
pp. 1309-1336 ◽  
Author(s):  
Sarang Joshi ◽  
Manoj Kharat ◽  
Rakesh Raut ◽  
Sachin Kamble ◽  
Sheetal Kamble

Purpose The purpose of this paper is to examine the relationships between supplier development practices (SDPs) and supplier-buyer relationship practices from the supplier’s perspective (SBRSP), and seek to understand how specific SDPs may impact a buyer’s operational performance as well as supplier-buyer relationship practices. Design/methodology/approach The authors conducted a survey of 512 respondents from the different manufacturing firms in India and applied structural equation modelling to test a structural model that proposes the impacts of various efforts of SDPs on a buyer’s performance as well as SBRSP. Findings The study concludes that SDPs and SBRSP together improve the relationship between a buyer and supplier, and this improved relationship leads to competitive advantages (CAs) followed by profitability. Results indicate that supplier perspective of buyer-supplier relationship can be improved under the condition of SDPs and SBRSP together. SDPs are driven by productive measure and competitive pressure, whereas customer uncertainty is found to be statistically insignificant. Research limitations/implications The study was carried out in North Maharashtra Industrial Zone of India, where the auto sector and machine/components manufacturing firms have been established for a considerable period of time. Results of the study are limited to manufacturing organizations predominantly focussing on the automobile sector and machine/components manufacturing firms. Practical implications This study provides significant insights into the specific impact of various SDPs and SBRSP for both academics and practitioners. SDPs along with SBRSP practices lead to improvement in the relationship leading to CAs. SBRSP suggests that trust, long-term commitments and the supplier’s perspective are important practices for relationship improvement. Originality/value The current study attempts to identify what are the success factors for the supplier-buyer relationship from the supplier’s perspective and SDPs and how the supplier-buyer relationship can be improved under the condition of SDPs and SBRSP. Hence, the aim is to develop a more thorough understanding of the outcomes of a supplier-buyer relationship improvement from both buyer’s and supplier’s perspective, under the conditions of supplier development to achieve CAs leading to profitability. Furthermore, the study analyses the effect of the improved supplier-buyer relationship for achieving CAs leading to profitability.


2019 ◽  
Vol 10 (5) ◽  
pp. 440
Author(s):  
Zalina Zainudin ◽  
Mohd Faiq Bin Abdul Fattah ◽  
Sheikh Muhamad Hizam Sheikh Khairudin

Private colleges are predicted to be presented with many opportunities as well as challenges in the coming years. Admission pressures become one of the challenges face by most of Private Colleges in Malaysia. Lacking of marketing mix strategy are claimed to contribute to this admission pressure. This study was conducted firstly, to determine the relationship between marketing success factors (Price, Place, Product, Promotion, People, Process, Physical Evidence, Partnership, Publication and Conference, Presentation and Extracurricular Program) with the marketing mix strategy of private colleges. Secondly, to determine the relationship between Marketing Mix Strategy with Private College Admission. Similarly, in this study, these 11Ps are the success factors of private college marketing mix strategy in influencing student to study in private colleges. Structural Equation Model (SEM) is conducted to estimate the effects of the main construct on its subcontracts, exogeneous and endogenous variables and its significant relationship. The result found the factors with the highest percentage of variation in contributing to Marketing Mix Strategy are Promotion, Product, Place, Price, Process, Partnership, Presentation, People, Physical Evidence, Publication and Conference and lastly Extracurricular Program. Thus, concluding that 11Ps Marketing Mix Strategy has a significant relationship with Private College Admissions. National private colleges can create a strategy based on the marketing mix strategy in competing for students. The study area is Malaysia, and it was conducted over a sample of 366 executive and marketing officers as the respondents.


2002 ◽  
Vol 83 (3) ◽  
pp. 275-284 ◽  
Author(s):  
Lucía Santelices Cuevas ◽  
Verónica Astroza

This study examines the application of a didactic teaching strategy called LUVE. Based on a constructivist learning approach, LUVE's purpose is to develop collaborative links between schools and parents, so that parents can improve their daily educational practices with their children and assume a more active role in their children's education. The project took place in Santiago, Chile, and was implemented in two stages. The first stage included a cross-sectional descriptive study with an experimental design, focusing on parents. The second stage involved teachers and parents who applied and carried out the LUVE strategy, The project's content focused on sex education, as this was the topic of interest to parents. The findings indicate that the strategy was a successful experience for the parents.


2015 ◽  
Vol 32 (10) ◽  
pp. 1476-1500 ◽  
Author(s):  
Jacqueline Sebire

This article presents a profile of intimate partner homicides (IPH) committed within London incorporating a gendered comparison of the perpetrators’ relationships. Data was sourced from the original police files for offenses committed in the capital between 1998 and 2009 ( N = 207; 173 male and 34 female perpetrators). In common with other international descriptive studies, the results indicate comparative differences between partners according to perpetrator gender in terms of age profiles, employment status, experience of mental health issues, intoxication at time of killing, and possession of criminal convictions. Gender-based IPH descriptive studies have tended to focus on a collation of either victim or perpetrator or relationship characteristics, often in isolation from one another. Assessments of how parties interact within fatal relationships are invariably absent, and yet, it is the relationship that forms the backdrop against which the fatal acts are perpetrated. This study, therefore, not only provides an insight into the profile of IPH committed within London where none had previously existed but also demonstrates the advantages of incorporating relationship concordance measures. The inclusion of such measures when researching IPH assists homicide investigators in understanding the dynamics taking place within the cohort of fatal relationships they police. It also provides researchers a useful platform to enhance understanding of this crucial aspect, for it is the relationship itself which is what defines IPH and distinguishes as a unique subset of homicide.


2021 ◽  
Vol 4 (2) ◽  
pp. 38-50
Author(s):  
Victoria Ysabel Bringas Rios

Knowledge management and continuous improvement are key success factors that are applied in organizations independently; However, there is a significant relationship between the two, therefore organizations that seek to be leaders in their sector must analyze them together. Considering that universities have a leading role and must transcend the expectations of our society, I have considered it pertinent to carry out this article whose purpose is to establish the relationship between Knowledge Management and Continuous Improvement in a Private University from Lima, Peru. It has a quantitative approach because statistical analysis was used to test what was established in the hypotheses. The design is non-experimental, cross-sectional, since information is presented as it occurs in reality and in a given time, it is transectional, correlational, because it measures and evaluates the relationship between the variables. The sample is made up of 45 individuals between heads of areas and school coordinators, to whom a questionnaire with 32 questions was applied, whose data were processed in the statistical program SPSS version 25. Finally, the significant relationship between management of the knowledge and continuous improvement, obtaining a Spearman Rho, 0.730, at the 1% level of significance. Likewise, the findings affirm that the phases of creating, storing, applying and transferring knowledge also have a significant relationship with continuous improvement.


Sign in / Sign up

Export Citation Format

Share Document