scholarly journals Performance of sme firm in nigeria: malaysia experience

2016 ◽  
Vol 6 (1) ◽  
pp. 113-134
Author(s):  
Eniola Anthony Abiodun ◽  
Entebang Harry

Malaysia and Nigeria fall within the paradigm of developing countries seeking greater economic competitiveness in a global business environment. Both have developed policy framework and implemented strategic plans for the development of small and medium scale enterprises (SMEs) as an indispensable part of economic growth, employment creation and economic transformation towards evolving into an advanced nation by the year 2020.Malaysia through SME has moved from efficiency-driven to innovation-driven economy through effective mechanisms. While Nigeria SMEs is still facing tremendous challenges andthreats in achieving economic transformation, despite the strategic policies, institutional framework sets as a priority by the Nigerian Government in ensuring SMEs performance This paper focuses on how Nigeria can learn from Malaysia experience in enhancing SMEs growth for economic transformation and government support through the blend of technology expertise and entrepreneurial skills. This is essentially a general review paper using a descriptive method for the assessment of the Government’s support to SMEs performance focusing on sources of financing and technological programs that have been put through for economic transformation. Following assessment, Malaysia duplications of SME success can be sought from Nigeria in achieving his economic blueprints of vision 20: 2020. This will be proposed as a guide for policy makers in Nigeria and for the people in helping and encouraging SMEs and youths by creating enabling and conducive environment to execute.

2019 ◽  
Vol 19 (2) ◽  
pp. 237-258
Author(s):  
Sanhita Rahul Joshi

Although India no more lives in its villages, the rural population is still sizeable and, more importantly, it reels under the pressure of extreme poverty, pitiable basic amenities, and dearth of livelihood opportunities. Urbanisation and urban growth has captured the attention of government and policy makers especially in the post liberalisation period. However, much needs to be done to improve the conditions of the people living in rural areas. Strengthening of village democracy was considered as a possible solution to resolving issues at the grass-roots level. This paved way for the historic 73rd Constitutional Amendment Act (CAA) in 1993 which sought to empower people at the base of India’s federal polity. Encouraging people’s participation in the process of development, policy making and its implementation was the fundamental objective of this legislation. Twenty- five years have passed since the adoption of the 73rd CAA in 1993 but still much needs to be done. There is an urgent need to transform the rural landscape of India and bring it on a par with its urban counterparts while retaining the soul of rural life. The case of village Punsari from the Sabharkantha District of the state of Gujarat (India) is unique as it stands out as a smart and model village. All the modern amenities found in an urban area are available in this village. Using descriptive analytical framework, the paper aims to argue that such smart villages are a ray of hope for the rural revitalisation in Indian countryside. Semi-structured interviews with the local leaders, officers, and stakeholders form an important part of the research used to generate insights and conclusions. The paper argues that grass-roots leadership, community participation, decentralisation of powers to local bodies in rural areas, and financial support in the form of various government schemes can bring far-reaching changes in the rural landscape of India. Punsari represents a classic example as well as an exemplar of concerted efforts of elected leaders, community people, and government support to bring about transformation and make villages smart as well as sustainable.


2019 ◽  
Vol 17 (4) ◽  
pp. 26-37
Author(s):  
Mduduzi J.K. Bophela ◽  
Njabulo Khumalo

Stokvel is a type of ‘rotating savings and credit associations’ found only in South Africa (SA) which have an estimated value of R49 billion and a membership of 11,5 million, in a country with a populace of 57million and an informal economy with a total value of R160 billion – yet remain a hidden sector of the economy. This confirms that there is a shortage of the consulted literature on the model for integrating the stokvels into the economic policy framework of a municipality. Therefore, developing the stokvel industry could be key to poverty alleviation, reduction of unemployment and broadening equitable access to the ownership of the economy and capital accumulation; thus, improving the livelihoods and raising the standard of living. The objective of the paper is to determine the economic contribution factors of stokvels in the economic transformation of SA at a municipality level. The paper used a mixed methods design. A sample size of 395 stokvel groups’ respondents for the quantitative research was selected using a simple random probability sampling method. The response rate was 100 percent. For the qualitative part, six policy-makers were interviewed using the purposive non-probability sampling method. The paper revealed that the money saving and investment, business opportunities and job creation, and policy development were the main economic contribution factors of stokvels in SA at the municipalities. The paper recommended for policy-makers to formulate an economic transformation policy framework inclusive of stokvels and to adopt their economic contribution factors.


2020 ◽  
pp. 026666692096603
Author(s):  
Mpho Ngoepe ◽  
Andile Maseko ◽  
Vusi Tsabedze

The purpose of this study was to assess the preservation of and access to archives at the eSwatini National Archives (ENA). The study was based on the interpretive research paradigm, which encompasses a systematic literature review. Data were collected through different documents, such as journal articles, web pages, monographs, strategic plans, annual reports and archival legislation, with the latter providing the ENA with a statutory role to manage and preserve public records in the country. The key findings suggest that the ENA is making a remarkable effort in preserving public records. However, there was also evidence of different records preservation challenges for the ENA, including the absence of legislation and policies relating to the management and preservation of records, an inadequate budgetary allocation to support the archival activities, as well as inadequate archives and records preservation training. The researchers recommend the updating of the legislative and policy framework; regular training for archives staff; and soliciting government support for the ENA.


2012 ◽  
Vol 11 (1) ◽  
Author(s):  
Puguh Suharso

Globalisation era is surely passed on and to lead the people of the world into social interactive one another and also economical competitiveness. How far is DKI Jakarta Government preparing to be up against the global competitiveness in the frame-work to manifest improving the standard of living like advanced of society. There are some of indicators to be used as well as criterion to measure an achievement level of effort to be advanced of society, i.e infrastructure which needed by entrepreneur like : permission, taxation, laboract, traffic road, customs and harbor, publics infrastructure servicing, landuse, security condition, business financial access, and business environment condition. It was the research analysis be done by using data gathering from entrepreneur opinion at the operational area. The aim of research analysis is to measure how level of each indicator value has DKI Jakarta Government prepared to be up against the global competitiveness ? The research conclusion says that : DKI Jakarta Government has well enough prepared to be up against the global competitiveness. The weakness indicator is just taxation because its category included in bad (goodless) while the other indicators are well enough. The measuring parameters due to weakness taxationare time necessity for servicing to arrange tax, amount and various of region retribution, amount and various of region tax, and clarity of tax arrangement prucedure.


2020 ◽  
Vol 24 (5) ◽  
pp. 553-565
Author(s):  
Reza Kiani Mavi ◽  
Hamed Gheibdoust ◽  
Ahmad A. Khanfar

Nowadays, it is obvious that creative tourism industry has become very essential for countries and societies; therefore, governments work on constituting policies in order to develop this industry. To be successful in improving creative tourism industry, governments should identify the influential factors and focus on ones that are more important rather than investing a bit on many different factors. Because of the interrelations among factors, this research is aiming to prioritize factors that influence strategic policies of creative tourism industry in Iran using analytic network process (ANP). Data were collected during the period of May 2017 to February 2018. Participants in this research are 13 tourism experts with more than 10 years' experience in the field. Results show that the most influential criterion is "business support" and the most influential subcriterion is "supporting midsize businesses." This study helps policy makers to improve creative tourism by emphasizing on those factors that have high priority from the viewpoint of strategic policy-making.


2021 ◽  
pp. 097206342110115
Author(s):  
Parul Rishi ◽  
Suchitra Acharya ◽  
Sushovan Das ◽  
Anushka Sood

The current focus on the transmission of COVID-19 infection all over the world may probably distract public attention from psychosocial consequences of the outbreak in the affected individuals and in the general population. However, there is limited empirical information about its psychological impact on the people of diverse regions and nationalities. Hence, the study aims to understand the psychological impacts of COVID-19 and associated pandemic distress on the demographically diverse Indian population and the ways people are adopting to cope with them. A total of 261 respondents aged 18−73 years, representing more than 17 states of India, filled an electronic survey questionnaire. Survey research methodology following the mixed-method approach adopting both qualitative and quantitative methodologies was adopted. Results of the first phase of the study indicated significant psychological impacts of the COVID-19 pandemic on respondents during the first three weeks of lockdown, especially the pandemic anxiety and social isolation. Physical health, fitness, self-care, family connect, learning of the new skill sets and self-growth opportunity were found to be some of the functional ways to cope with pandemic in this phase, whereas passive acceptance was expressed as a dysfunctional strategy to cope with pandemic coupled with negative emotions such as fear, anxiety, frustration and irritability for others. However, phase two of the study with 20% of respondents in the sixth week of lockdown revealed the exhaustion of the learning phase, limited efforts for self-growth and increasing anxiety and frustration. A great proportion of respondents expressed fear of losing global business scenario and its direct or indirect impact on them. A need for consistent and dedicated mental health care was recommended.


Prosthesis ◽  
2021 ◽  
Vol 3 (2) ◽  
pp. 110-118
Author(s):  
Hannah Jones ◽  
Sigrid Dupan ◽  
Maxford Coutinho ◽  
Sarah Day ◽  
Deirdre Desmond ◽  
...  

People who either use an upper limb prosthesis and/or have used services provided by a prosthetic rehabilitation centre, hereafter called users, are yet to benefit from the fast-paced growth in academic knowledge within the field of upper limb prosthetics. Crucially over the past decade, research has acknowledged the limitations of conducting laboratory-based studies for clinical translation. This has led to an increase, albeit rather small, in trials that gather real-world user data. Multi-stakeholder collaboration is critical within such trials, especially between researchers, users, and clinicians, as well as policy makers, charity representatives, and industry specialists. This paper presents a co-creation model that enables researchers to collaborate with multiple stakeholders, including users, throughout the duration of a study. This approach can lead to a transition in defining the roles of stakeholders, such as users, from participants to co-researchers. This presents a scenario whereby the boundaries between research and participation become blurred and ethical considerations may become complex. However, the time and resources that are required to conduct co-creation within academia can lead to greater impact and benefit the people that the research aims to serve.


2016 ◽  
Vol 12 (1) ◽  
pp. 51-65
Author(s):  
Damodaran Rajasenan ◽  
M. S. Jayakumar ◽  
Bijith George Abraham

Purpose – The purpose of this paper is to link the multifarious problems of the elderly in a socio-economic and psychological framework. Design/methodology/approach – The universe of the sample is elderly left behind in emigrant households in Kerala. In total, 600 samples were mustered using multistage stratified random sampling method. The paper, with the aid of factor analysis, χ2 and correspondence analysis, blemish the principal factors responsible for the migration-induced exclusion of the elderly. Findings – The empirical result derived from the study shows that migration-induced exclusion is all pervasive in Kerala. The elderly left behind yearn for the presence of their children rather than the emigration and concomitant remittances. Research limitations/implications – The findings of the study are helpful to the policy makers to understand the issues faced by the elderly and include all stakeholders concerned to find a solution to tackle these problems faced by the elderly due to emigration of their children. Practical implications – The study is practically relevant in developing appropriate policy framework in Kerala as it illumines the role of the government to overcome the exclusionary trend and other manifold problems of the elderly. Social implications – The study sheds light to a new social problem developing in the state in the form of elderly exclusion owing to emigration of the young working groups in regional dimensions, demographic levels, community angles and the emerging culture of old age home in the Kerala economy and society. Originality/value – The study is a unique one and tries to situate the principal factors responsible for the emigration-induced exclusion of the elderly in Kerala with empirical evidence.


2018 ◽  
Vol 14 (2/3) ◽  
pp. 170-187 ◽  
Author(s):  
James Baba Abugre

Purpose Given the rising expansion of Western multinational companies (MNCs) to the African contexts, the development of expatriates and local employees has become increasingly important to the human resource management of these MNCs. This paper aims to provide critical lessons on cross-cultural communication competences for Western expatriates working in the sub-Saharan Africa business environment. Design/methodology/approach This paper is a qualitative phenomenology that makes use of lived experiences of senior expatriate staff working in Ghana in the form of direct interviews. Findings Results showed that cross-cultural communication competence is very important for Western expatriates’ functioning in sub-Saharan Africa. The findings also established a plethora of cross-cultural communication skills that are essential for Western expatriates’ successful adaptation and work outcomes in Africa. Practical implications This research argues that there is the need for the appreciations of the differing cultural patterns of expatriates and local staff, and this provides the underlying assumptions of intercultural and cross-cultural communication in global business. Originality/value A critical perspective of international business that has scarcely been studied offers lessons for Western expatriates working in sub-Saharan Africa.


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