scholarly journals European Integration Influence on the Development of Human Capital of Small and Medium Enterprises in Poland

2018 ◽  
Vol 18(33) (4) ◽  
pp. 236-249
Author(s):  
Marzena Kacprzak ◽  
Agnieszka Król ◽  
Marta Radziszewska

Enterprises from the SME sector significantly affect the quality of human capital in Poland and the standards of their management are rising every year. The aim of this article is to present the essence and specifics of human capital of SMEs, showing the impact of European integration on the devel-opment of human capital in this sector. In addition, the authors focus on finding the answer to the question whether employers willingly reach for EU funding (sources of knowledge, forms, types of funding, barriers to access to funds) to be able to support and develop human capital that they have in the long run. The study was carried out by a survey method. The analysis made allowed to formu-late the following conclusions. Entrepreneurs willingly undertake to raise funds from EU funds. Re-spondents were convinced that EU funds help in the development of their businesses, although ob-taining funding alone is not easy. The respondents pointed to barriers, which include complicated and lengthy procedures, as well as low availability of information.

Author(s):  
Helisia Margahana

The purpose of this study is to determine whether Corporate Social Responsibility (CSR) affects the Competitiveness of Small and Medium Enterprises (SMEs). The population in this study are consumers who use e- commerce media in the South Sumatra area. The sample in this study was 200 respondents who were random samples from the Small and Medium Enterprises in South Sumatra. This study uses a survey method to see the amount of influence caused by the independent variables on the dependent variable. The independent variable examined in this study is the Corporate Social Responsibility (CSR) variable. The dependent variable in this study is the Competitiveness of Small and Medium Enterprises (SMEs). Based on the results of the study it can be seen that Corporate Social Responsibility (CSR) affects the Competitiveness of Small and Medium Enterprises (SMEs). So it can be concluded that if a business or business follows the regulations of the government, runs it and implements it based on predetermined factors, including work orientation factors, market orientation factors, and environmental orientation factors, then the business will be better known by the stakeholders and will be more competitive in the long run. Therefore SMEs must continue to consult with the government regarding CSR activities, which factors of CSR are most beneficial for all parties in business activities. SMEs must also focus on factors of price competition and competitive advantage to improve the image of SMEs and enhance competitiveness. Corporate Social Responsibility (CSR), Competitiveness, SMEs


Author(s):  
Oluseye Ajuwon ◽  
Sylvanus Ikhide ◽  
Joseph Akotey

This study investigated the roles of transactions cost in MSMEs access to finance. This was done by investigating the impact of transactions cost on access to credit from both MSMEs and financial institutions (commercial banks and microfinance banks). From the MSMEs’ side, borrowing experience, decision lag, firm size and borrowers’ distance to the loan office were investigated. On the financial institution’s side, the costs of information gathering, loan administration, monitoring and loan enforcement were investigated. We used the questionnaire survey method, in-depth interviews and case studies, as well as the annual financial statements of the banks. We identified interest rate and collateral value as constraints to access to finance for MSMEs. We also found financial institutions’ attitude to MSMEs access to credit was not friendly. Financial institutions need to do more to bring down transaction cost of lending. This hopefully can be achieved by investing more in agent banking which would lower operating costs, as well as spreading risk, and ultimately increase credit intermediation to small businesses.


2015 ◽  
Vol 7 (2) ◽  
pp. 157-162 ◽  
Author(s):  
Laura Godelytė ◽  
Renata Korsakiene

Small and medium enterprises (SME’s) are generally recognised as a factor, which influences economic growth and impacting competitiveness of country. In the context of globalization the impact of internationalization of SME’s is increasing and determines development of new technologies. The internationalization of SME’s is determined to a large extent by the human capital of entrepreneurs/managers. The aim of this article is to analyse and summarise elements of human capital, that are discussed in scientific literature and to distinguish the most important for SME’s internationalization. The research is based on the evaluation of human capital in scientific literature and analysis and synthesis of questions of SME’s internationalization. Mažos ir vidutinės įmonės yra visuotinai pripažįstamos kaip ekonominį augimą lemiantis veiksnys, turintis poveikį šalies konkurencingumo didinimui. Globalizacijos kontekste didėja MVĮ internacionalizacijos vaidmuo, lemiantis naujų technologijų plėtojimą. MVĮ internacionalizaciją stipriai įtakoja savininkų / vadovų turimas žmogiškasis kapitalas. Šiame straipsnyje siekiama išanalizuoti ir apibendrinti mokslinėje literatūroje aptinkamus žmogiškojo kapitalo elementus bei išskirti svarbiausius MVĮ internacionalizacijai. Atliktas tyrimas yra pagrįstas mokslinės literatūros žmogiškojo kapitalo vertinimo ir MVĮ internacionalizacijos klausimais analize bei sinteze.


2021 ◽  
Vol 10 (3) ◽  
pp. 144-158
Author(s):  
Dedy Yuliawan ◽  
Veronica Wanniatie

Corona Virus Disease 2019 (Covid-19) entering Indonesia has an impact on restricted population mobility. In addition, Pembatasan Sosial Berskala Besar Policy (PSBB) affects the national economy, especially Micro, Small, and Medium Enterprises (MSMEs). It has a spillover effect in the lowest areas, including the Tulang Bawang Regency. This study uses a survey method with closed and open questions with respondents as many as 100 MSMEs in Tulang Bawang Regency to determine the impact of Covid-19 and how MSME strategies can overcome it. The results show that overall, MSMEs experience an adverse effect, but there are several types of MSMEs that continue to experience an increase. In addition, some MSMEs can adjust their business strategies through marketing changes through online sales, but MSME actors with low levels of education have difficulty.


2005 ◽  
Vol 31 (2) ◽  
pp. 234-254 ◽  
Author(s):  
Brian S. Klaas ◽  
Thomas W. Gainey ◽  
John A. McClendon ◽  
Hyuckseung Yang

Increasingly, small and medium enterprises are outsourcing human resource (HR) activities to professional employer organizations (PEOs). The authors draw on social network theory, transaction cost economics, and social exchange theory to examine how PEO and client characteristics moderate the impact associated with outsourcing human capital-enhancing HR services. Results from a study suggest that using a PEO for human capital-enhancing services was positively related to HR outcomes and that this relationship was stronger when a weak-ties service delivery model was used, client receptivity was high, and the PEO contract was more detailed.


2018 ◽  
Vol 10 (7) ◽  
pp. 2527 ◽  
Author(s):  
Olawale Fatoki

Small and medium enterprises (SMEs) have a significant role to play in a country’s sustainable development. The measures of a country’s sustainable development include economic and social factors. The sustainability of small and medium enterprises is vital to job creation, poverty reduction, and sustainable economic growth. The high failure rate of SMEs negatively impacts on South Africa’s sustainable development. The purpose of the study was to investigate the relationship between entrepreneurial resilience and the success of SMEs in South Africa. Success was measured using both organisational and individual criteria. The Connor–Davidson Resilience Scale 10 (CD-RISC 10) was used to measure entrepreneurial resilience. Data was collected from 170 small business owners through the survey method. The self-administered questionnaire method was used to collect data from the participants. Convenience and snowball methods were used for sampling. Descriptive statistics, confirmatory factor analysis, correlation, and regression analysis were used for data analysis. Cronbach’s alpha was used as a measure of reliability. The results indicated that there is a significant positive relationship between entrepreneurial resilience and individual and organisational success. Ways to enhance the resilience of small business owners in order to ensure the sustainability of SMEs are suggested.


2021 ◽  
Vol 11 (2) ◽  
pp. 58
Author(s):  
Alvin Chong ◽  
Ibiwani Alisa Hussain ◽  
Noraini Ahmad ◽  
Jugindar Singh Kartar Singh

Turnover of employees has gained the attention of organisations due to the impact of human resources on organisation performance and competitive advantage. This dilemma leads the management to struggle to find ways and retain employees. To attract, organisations use the "pull factors" to entice employees to perform better in the organisation. This study was conducted to investigate the relationship between the three dimensions of organisational justice: distributive, procedural and interactional justice towards voluntary turnover. This was an explanatory study that used a quantitative research design. Through a survey method, data was collected from a total of 115 respondents. The findings revealed that there was a significant relationship between employee turnover, distributive justice, procedural justice, and interactional justice. However, interactional justice had the strongest impact. This study also unearthed that attractive compensation is not the only method for the management to retain talent in organisations. Organisational justice plays an essential role in the retention of employees. These results will provide a better understanding of supervisors and human resource professionals with additional insights into the impact of organisational justice on employees' turnover. This study indicates that organisations' interactional justice practised is considered a central factor for employee retention. Although prior research has investigated a number of these issues, this study was the first to focus on employees in Small and Medium Enterprises in Malaysia.


Author(s):  
Peter Ayunku ◽  
Gamaliel O. Eweke

This paper examines the impact of banks credit and macroeconomic dynamics on Small and Medium Scale Enterprises in Nigeria using annual data from 1992 – 2016. The long-run and short-run relationship amongst the variables were examined via the non-linear ARDL model. The Augmented Dickey Fuller (ADF) and Philip Perron’s (PP) test reveals that none of the variables were I(2). The Bounds test to cointegration confirms the existence of a long-run relationship. The non-linear ARDL results suggests that in both long and short-run estimations, that a rise in banks credit, government tax revenue and negative shocks in interest rate, inflation rate and exchange rate will trigger a fall in SMEs performance in Nigeria. Furthermore, it was observed that negative shocks tend to be larger in magnitude than positive ones. This study therefore recommends amongst others, that loans to the small and medium enterprises (SMEs) sector be monitored properly, so as to ensure that such loans are not channelled to other purposes.


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