scholarly journals Analysis of The Cycling Trend During the Pandemic of COVID 19 Towards Small and Medium Enterprises (UMKM) Income

2020 ◽  
Vol 4 (4) ◽  
pp. 528
Author(s):  
Irham Ramdani
Keyword(s):  
Large Scale ◽  
Small And Medium Enterprises ◽  
Virus Disease ◽  
Well Being ◽  
Spare Parts ◽  
Social Restriction ◽  
Medium Enterprise ◽  
The Many ◽  
Medium Enterprises ◽  
The Impact

The Corona pandemic has take down the vital parts of the economic sector. The implementation of the Large Scale Social Restriction (PSBB) has forced people to stay at home. Meanwhile, they also obliged to maintain their well being and health to prevent themselves infected by the Corona Virus Disease (COVID 19). On of the many ways to prevent the virus attack is by doing exercises, most of the society choose cycling as their exercise during the pandemic. This condition leads to the increase of the demands of bicycle and its spare parts although their prices is also increasing. This phenomena could increase the income of the Small and Medium Enterprises. The aim of this research is  to analyze the impact of cycling trend during the pandemic of COVID 19 towards the income of small-medium enterprise, specifically  the ones in the domain of bicycle. This research will use the qualitative descriptive approach. The interview data will be collected and categorized based on the source of the information, and will be presented in narrative voice showing the increase of small and medium bicycle enterprises’s income, so we can conclude that there is an impact of the cycling trend during the pandemic of COVID 19 towards the increase of the small medium bicycle enterprise, whether it is online, offline, the selling of bicycle, the spare parts, or the accessories.

COVID-19 and Ludhiana’s woolen knitwear industry: way forward

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Swati Mehta ◽  
Manpreet Kaur
Keyword(s):  
Small And Medium Enterprises ◽  
Virus Disease ◽  
World Market ◽  
Feedback Mechanism ◽  
Content Type ◽  
Road Map ◽  
Innovation Approach ◽  
Medium Enterprises ◽  
World Economic Order ◽  
The Impact

Purpose The purpose of this paper is to examine the challenges faced by the Ludhiana’s woolen knitwear industry that got accentuated with the outbreak of Corona Virus Disease 2019 (COVID-19). The paper discusses the road map for building capabilities within the industry from the perspective of “system of innovation” approach that would help the industry to comply with the recent call for “AatmaNirbhar Bharat Abhiyan.” Design Methodology Approach The woolen knitwear industry from Ludhiana district of North Indian state, Punjab, was taken as a case to examine the impact of COVID-19. Data was collected online through self-structured questionnaire along with telephonic interviews. Stage I was the period of “total lock-down” and Stage II was conducted after the announcement of “stimulus package” and during the unlocking period. Some local industry associations and labor unions were also interviewed to understand the wider perspectives of different stakeholders. Descriptive statistic was applied to analyze the results of the survey. Findings It is estimated that the industry would lose about INR 2,000 crores approximately US$282.1m with the monetary loss of man-days nearing INR 157 crores approximately US$22.1m for the total lockdown period of 68 days. This amount is feared to increase with the lackluster re-opening of the industry in the unlocking period. The study reveals that there were some concerns, such as infrastructural bottlenecks, obsolete internal and international connectivity and institutional rigidity with cumbersome rules and regulations that get heightened with the outbreak of COVID-19. The entrepreneurs and workers are skeptic regarding the nature of demand revival in the changing world economic order. The paper suggests a dynamic policy intervention with inbuilt feedback mechanism along with reviving the organizations to infuse enthusiasm among various actors of industry. Originality/value The study is one of the first few to conduct surveys at two different stages to assess the impact of COVID-19 from the perspective of micro, small and medium enterprises and workers working therein while taking the case of Ludhiana woolen knitwear industry. The findings of this study will aid the industry and policymakers to take essential steps to make the industry more innovative and competitive in the dynamic world market.

scholarly journals Innovation and Firm Performance: The Moderating and Mediating Roles of Firm Size and Small and Medium Enterprise Finance

2020 ◽  
Vol 13 (5) ◽  
pp. 97 ◽  
Author(s):  
Ploypailin Kijkasiwat ◽  
Pongsutti Phuensane
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Partial Least Square ◽  
Least Square ◽  
Financial Capital ◽  
Medium Enterprise ◽  
Medium Enterprises ◽  
The Impact

This study examines the moderating effect of firm size on the relationship between innovation and firm performance of small and medium enterprises in 29 countries in Eastern European and Central Asia. The study also investigates whether the impact of innovation in products and processes on firm performance is affected by financial capital. The method applied is partial least square structural equation modelling. The findings indicate that firm size and the financial capital both moderate and mediate the impact of innovation on firm performance, positively or negatively. The findings have implications for decision makers by highlighting the significance of firm size and financial sources when planning to introduce innovations to enhance firm performance.

scholarly journals Significance of the Small and Medium Enterprises (SMEs) Sector in Pakistan and Assessment of its Employment Potential

2000 ◽  
Vol 5 (1) ◽  
pp. 23-59 ◽  
Author(s):  
Shahid Amjad Chaudhry
Keyword(s):  
Health Insurance ◽  
Social Security ◽  
Old Age ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Small Scale ◽  
Medium Enterprise ◽  
Employment Potential ◽  
Definition Of ◽  
Medium Enterprises

Definitions and Sources Definitions: In this paper it is proposed to use the definition of selfemployed, small scale (2-9 employees), medium scale (10-99 employees) and large scale (100 employees and above) to discuss the issues relating to the Small and Medium Enterprise (SME) sector in Pakistan. The national pension (regulated through the Employees Old Age Benefit Institution Legislation) and health insurance (The Provincial Social Security Institutions Legislation) is applicable to institutions with 10 or more employees and provides a natural cut off point between the small scale and medium and large scale sectors. The cut off between the medium and large scale at 100 workers is also appropriate.

scholarly journals The Impact of Covid-19 on the Development of Various Business Sectors

2021 ◽  
Vol 2 (4) ◽  
pp. 319-326
Author(s):  
Sunarmin Sunarmin ◽  
Ahmad Junaidi ◽  
Endah Fantini
Keyword(s):  
Public Transportation ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Virus Disease ◽  
Religious Activities ◽  
Business World ◽  
Corona Virus ◽  
The Government ◽  
Business Entities ◽  
The Impact

Outbreaks of the new corona virus or Corona Virus Disease 2019 (Covid-19) are increasingly felt in the domestic economy, especially in terms of consumption, corporate, financial sector, and Micro, Small and Medium Enterprises (MSMEs). The existence of Large-Scale Social Restrictions (PSBB) that has been declared by the government most of the activities involving the public are restricted, such as offices or offices that are closed, restrictions on religious activities and restrictions on public transportation. The business world has not been separated from the shadows of the Corona Covid-19 pandemic. Instead of diminishing, some countries have confirmed that they will experience a second wave of pandemic that began in Wuhan, China. The purpose of this study is to find out whether the impact of Covid-19 will have a widespread effect on business entities and the sustainability of business entities. This research is a descriptive study, using the literature method where research is conducted by studying and collecting data from libraries related to tools, both in the form of journals and scientific studies of research that has been published in public journals. The results of the study concluded that the impact on Covid-19 had a significant influence on the development of the business world. The biggest influences occur in the mall/supermarket, hospitality, manufacturing and various businesses related to the use of mass labor. In this study, not many scientific writers have focused on examining the impact of this 19 on the business world in general. Although the fact in the field of influence of Covid-19 is clearly seen the fact in the life of the wider community due to many businesses limit / lay off and even deduct workers' income from the value of income received.

The impact of inward international licensing on absorptive capacity of SMEs

2014 ◽  
Vol 6 (2/3) ◽  
pp. 164-180 ◽  
Author(s):  
Mohammad Reza Saeedi ◽  
Hossein Dadfar ◽  
Staffan Brege
Keyword(s):  
Absorptive Capacity ◽  
Strategic Alliances ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Contextual Factors ◽  
Research Strategy ◽  
Content Type ◽  
Resource Limitations ◽  
Medium Enterprises ◽  
The Impact

Purpose – This study aims to examine the impacts of inward international licensing (IIL) on the absorptive capacity (ACAP) of small and medium enterprises (SMEs) in a developing economy. Design/methodology/approach – The study is explorative, qualitative and elaborative in nature. Therefore, a multiple case study was selected and performed as the research strategy. The data were collected from four pharmaceutical SMEs licensed from European pharmaceutical large-scale enterprises. Findings – The results confirm that IIL has a strong effect on acquisition, assimilation, transformation and exploitation as absorptive factors. Furthermore, the results have been enhanced by several contextual factors of ACAP human resources, inter-and intra-firm relationships, internal knowledge and managerial and strategic aspects. These contextual factors have also been influenced by IIL. Originality/value – From the licensee perspective in a developing context, examining the extant literature on non-equity strategic alliances shows that very few studies have empirically examined the impact of this kind of alliance, such as IIL, on SMEs’ ACAP. On this basis, the study provides evidence that non-equity strategic alliances, particularly IIL, enhance SMEs’ capabilities such as ACAP. In other words, to overcome SMEs’ resource limitations and inadequate capabilities, IIL provides opportunities for them to obtain capabilities and critical resources.

scholarly journals THE IMPACT OF THE ECONOMIC CRISIS IN THE IT&C INDUSTRY – EVIDENCE FROM BUCHAREST

2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Claudia POPESCU ◽  
Alexandru GAVRIȘ
Keyword(s):  
Large Scale ◽  
Small And Medium Enterprises ◽  
Maximum Growth ◽  
Business Environment ◽  
Political Crisis ◽  
Small Scale ◽  
Industrial Growth ◽  
Almost Everywhere ◽  
Medium Enterprises ◽  
The Impact

Despite its peripheral location within the European metropolitan system, Bucharest has significant competitive advantages – large scale market, high-skilled labour pooling, dynamic business environment, institutional capacity, and knowledge organizations. The location of MNCs has enhanced the domestic small-scale entrepreneurship and the emergence of an innovative IT&C cluster. As the world economic crises stroke almost everywhere, in the case of Bucharest it was enhanced by a political crisis which diminished the industrial growth. In this context we focus on the IT small and medium enterprises which, by surviving the crises and developing even more, show clear evidence of strengthening the cluster identity. Based on the two-digit CANE data on employment, the paper analyzes in an empirical way the IT firms from Bucharest between two representative moments: 2007 the year of maximum growth for Romania and 2010. We attempt to identify the factors contributing to the growth of the cluster and to assess the contribution of the cluster to the generation of regional wealth and jobs. The results shows that, despite of the crises, the local entrepreneurship alongside the continuous foreign interest in the local workforce have pulled together an emerging industrial cluster.

scholarly journals Corporate Social Responsibility and Community Empowerment Program for MSMEs and Informal Sectors Affected by the Covid-19 Pandemic

2020 ◽  
Vol 1 (1) ◽  
pp. 7-14
Author(s):  
Aldilla Adam Kurniawan
Keyword(s):  
Informal Sector ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Community Empowerment ◽  
Literature Study ◽  
Thick Description ◽  
Considerable Impact ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

COVID-19 has had a considerable impact on social and cultural problems that exist in society, especially those related to economic problems. Since the emergence of this pandemic, many companies and corporations have finally granted employment termination, this has also been done by companies to support government policies in the form of Large-Scale Social Restrictions (PSBB) to reduce the spread of the virus. Another problem of concern is that poverty and unemployment could increase quite drastically. Because companies and corporations alone are not only one or two in Indonesia. From the above background, the purpose of this study is to find out the impact of COVID-19 on the country's economy, as well as to find out programs for community empowerment as a solution to overcoming poverty and unemployment that occur after the pandemic. The method that researchers used in writing this article was a qualitative approach, supported by the thick description method. In addition, with literature study which will be used as a supporting method to find valid data. The results of the study found that the government is less empowering the informal sector and also these Micro, Small and Medium Enterprises (MSMEs). In fact, jobs in the informal sector and Micro, Small and Medium Enterprises or MSMEs can be an alternative medium to reduce poverty and unemployment. Through CSR programs from existing companies, it is hoped that the community can be empowered as well as the informal sector and MSMEs. When corporations or companies carry out empowerment activities for the informal sector and also MSMEs, it is possible that the problems of poverty and unemployment that have occurred due to the COVID-19 pandemic can be reduced and overcome.

scholarly journals Strategi Peningkatan Daya Saing Produk Suku Cadang Otomotif dan Elektonik Berbahan Karet di PT BesQ Sarana Abadi

2019 ◽  
Vol 13 (2) ◽  
pp. 167
Author(s):  
Imron Hanafi ◽  
Aida Vitayala S Hubeis ◽  
Sapta Raharja
Keyword(s):  
Large Scale ◽  
External Factor ◽  
Small And Medium Enterprises ◽  
Spare Parts ◽  
Internal Factor ◽  
Automotive Parts ◽  
Factor Evaluation ◽  
The Right ◽  
Medium Enterprises ◽  
Internal And External Factors

In order to spur the automotive and electronic industries to meet domestic needs and compete in the era of globalization, the development of manufacturing industries is not only based on large-scale industries, but also needs to be developed into Small and Medium Enterprises (SMEs). The obstacles faced today are limited capital, human resources (HR), product development and marketing procedures. PT BesQ Sarana Abadi is a small and medium business (UKM) engaged in the business of making rubber parts. In order to improve competitiveness, PT BesQ Sarana Abadi is researched with the formulation of the right competitiveness strategy. The objectives of the study are: (1) to identify factors that influence the competitive advantage of rubber and automotive parts products; (2) analyzing internal and external factors that affect the competitiveness of rubber and automotive parts industry products using the Internal Factor Evaluation (IFE) and External Factor Evaluation (EFE) methods; (3) develop competitiveness strategies for the automotive and electronic spare parts products industry using Internal-External (IE) methods and Strengths, Weakness, Opportunities, Threats (SWOT) and Balance Score Cards (BSC); (4) formulating priority strategies to improve the competitiveness of rubber and automotive parts industry products using the Quantitative Strategic Planning Matrix (QSPM) method. From the analysis results, there are many weaknesses in the company. In this case a high opportunity value causes the company to operate, because in the IFE matrix the value of strength is greater than the value of weakness. In the EFE matrix, the opportunity value is greater than the threat. With the SWOT and BSC methods identified strategies needed, set the priority of the strategy by using the QSPM method.

scholarly journals Analisis Covid-19 terhadap Usaha Mikro Kecil dan Menengah (UMKM) di Kabupaten Tulang Bawang Tahun 2020

2021 ◽  
Vol 10 (3) ◽  
pp. 144-158
Author(s):  
Dedy Yuliawan ◽  
Veronica Wanniatie
Keyword(s):  
Small And Medium Enterprises ◽  
Virus Disease ◽  
Spillover Effect ◽  
Business Strategies ◽  
Survey Method ◽  
Population Mobility ◽  
Online Sales ◽  
Open Questions ◽  
Medium Enterprises ◽  
The Impact

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.

scholarly journals Framework for Oman’s Economic Development through Small & Medium Enterprise

2020 ◽  
pp. 1-7
Author(s):  
Dr. Subrahmanian Muthuraman ◽  
Mohammed Al Haziazi ◽  
Rengarajan Veerasamy ◽  
Nasser Al Yahyaei
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Technological Development ◽  
Sultanate Of Oman ◽  
Wealth Creation ◽  
Medium Enterprise ◽  
Medium Enterprises

Enhancing small business development and promoting entrepreneurship would be a good strategy to contribute and promote economic development. From the socio-economic development viewpoint, SMEs provide a variety of benefits. The purpose of this study is to examine the link between economic growth and small and medium enterprise performance and develop a conceptual framework in Oman context.Desk Research technique was conducted for this study. The contribution which small and medium businesses can make to national economy and wealth creation needs to be recognized by the governments from the beginning and be considered as part and parcel of the economic development process. SMEs are the major growing force behind the growing economy of the Sultanate of Oman. Experts and economists are unanimous about the role of small and medium enterprises in the development of Oman’s economy. Small and medium enterprises, now representing the largest category in the economic sector, will complement the activities of large-scale businesses as industrialization gains pace in Oman. There is a need to emphasize the role of SME entrepreneurs in economic development, and to ascertain the role of SMEs in capacity building, employment generation, promoting competitive market, technological development for the economic growth of the Sultanate of Oman.

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