scholarly journals A Comparative Study of Southern Punjab and Balochistan SMEs Success vs Failure Factors

2021 ◽  
Vol 7 (3) ◽  
pp. 767-775
Author(s):  
Khawar Naheed ◽  
Shakeel Ahmad ◽  
Farheen Zahra Hussain ◽  
Muhammad Sadiq Shahid

Purpose: SME’s in Pakistan like developed economies play crucial role in the economic development and sustainability as long as entrepreneurs should be mindful about SME’s success and failure factors. In the extant literature, particularly in Pakistan, there is a lack of studies that have been empirically examined the comparative factors of Southern Punjab and Balochistan this setting particularly in Pakistan. The current study has focused on the comparative analysis of success or failure of Southern Punjab and Balochistan SME’s. The purpose of paper is to examine the aspects of SMEs that are central to their success/failure functioning in both areas of Pakistan. Design/Methodology/Approach: Data was collected through a questionnaire using the Lussier’s Model of success or failure factors among the owners of successful and unsuccessful SMEs. The researchers collected 200 questionnaires from SMEs. Data was analyzed by using the logistic regression technique. Findings: Results of the current study showed that management experience, planning, professional advice, staff, product and services, marketing, and age are important for the viability and success of SME’s operating in Southern Punjab. In Balochistan, management experience, planning, professional advice, education, marketing are significant for the success/failure of SME’s. Implications/Originality/Value: Thus, this study adds value to the knowledge to enhance understanding in “why some businesses succeed and others fail” by using Lussier’s Model. The results of the study assist policymakers in developing the programs that enhance the SME’s promotion, establishment, and development. 

Author(s):  
Adrianna MASTALERZ-KODZIS ◽  

Purpose: The aim of the article is to show the modified method of calculating the economic potential on the example of territorial units of the Upper Silesian Metropolis. Design/methodology/approach: Economic potential is a measure of a region's strength compared to other regions. In economics, potential is a substitute for socio-economic development. The methodology of calculating the modified economic potential of territorial units was discussed in the first part of the article, and an empirical example is presented in the second part. Findings: As a result of the research, strong regions were identified and the self-potential of the regions and their surroundings were compared. Research limitations/implications: The proposed modified method of potentials can be used for a comparative analysis of any territorial units. The metric that is used to measure the distance between territorial units is important. Practical implications: On the basis of the presented method, any regions or countries can be compared in terms of socio-economic development. Social implications: The method makes it possible to compare the socio-economic development of regions in terms of income and population. Originality/value: The article compares selected communes of the Silesian Voivodeship in terms of income, population and socio-economic development. A modified measure of economic potential was used


2014 ◽  
Vol 21 (6) ◽  
pp. 1062-1069 ◽  
Author(s):  
Rosa Caiazza

Purpose – Despite of the relevance of incubators, science and technology parks on technology diffusion, few studies have compared different systems of innovation to identify the main factors affecting their capability to support spin-offs. Although research on incubators has received increased attention in recent years, few studies have been focused on the main factors affecting their underdevelopment in some developed economies. The purpose of this paper is to fill this gap in the literature by analysing the Italian system of innovation through a comparative analysis with other developed economies. Design/methodology/approach – The paper proposes a comparative analysis in order to evidence the main differences between systems of innovation. Based on these differences, it aims to analyse the main factors characterizing the Italian system of innovation. Findings – This paper identifies the main factors that explain diversity among systems of innovation. It then presents a deep analysis of the Italian system. Originality/value – This study contributes to the theoretical and practical debate on entrepreneurship and innovation systems.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
José Osvaldo De Sordi ◽  
Wanderlei Lima Paulo ◽  
Mirian Siqueira Gonçalves ◽  
Marcia Carvalho de Azevedo ◽  
Roberto Coda

PurposeThe purpose of this paper is to discuss whether, in entrepreneurship disciplines, professors address equally the positive and negative aspects associated with being an entrepreneur. The literature shows that entrepreneurship professors are enthusiastic about entrepreneurial action, and there may be a bias toward predominant emphasis on positive aspects.Design/methodology/approachThe case study strategy was used to analyze disciplines that qualify entrepreneurship professors. The content analysis technique was applied to the description of the discipline contents and texts from the most frequently used literatures. The selected case (the country) satisfied the condition of having a regulatory agency that evaluates courses and also provides descriptive records of the disciplines that are taught.FindingsIt was observed that the topics discussed in the disciplines, as well as the texts of the most frequently used articles, contain a higher volume of messages that are positive and favorable toward the entrepreneurial act. Negative effects or aspects of entrepreneurship are addressed superficially.Practical implicationsThis article provides important reflections on the activities of those who teach entrepreneurship, as well as editors and reviewers of entrepreneurship journals. Regarding the former, when preparing the content of their disciplines, and for the latter, when evaluating articles, bearing in mind that their articles are also used by students and professors from countries with less developed economies.Originality/valueExploring the myths of entrepreneurship, especially the claim that everyone is capable of becoming an entrepreneur and that entrepreneurship promotes economic development, the risk of becoming an entrepreneur was addressed, especially in countries with less developed economies. From this viewpoint, issues regarding the responsible teaching of entrepreneurship were addressed, along with the need to focus equally on the favorable and unfavorable aspects of entrepreneurship.


2015 ◽  
pp. 94-108 ◽  
Author(s):  
K. Krinichansky

The paper identifies and assesses the closeness of the connection between incremental indicators of the financial development in the regions of Russia with the incremental regional GDP and the investment in fixed capital. It is shown that the positioning of the region as an independent participant of public debt market matters: the regional GDP and investment in fixed capital grow more rapidly in the regions which are regularly borrowing on the sub-federal bonds market. The paper also demonstrates that the poorly developed financial system in some regions have caused the imperfection of the growth mechanisms since the economy is not able to use the financial system’s functions.


2020 ◽  
Vol 16 (5) ◽  
pp. 935-945
Author(s):  
I.A. Zaikova

Subject. The working time of workers at any stage of economic development is a value reflecting the level of labor productivity. Any progress in productivity contributes to changes in the volume of labor costs and the number of employed. Depending on the relationship between the total volume of labor costs and the number of employed, the duration of working time per one worker may change (it may increase, decrease, or remain unchanged). Objectives. The study aims to confirm the importance of such a macroeconomic indicator as the number of employed in varying working hours. Methods. The study rests on the comparative analysis of countries with developed economies based on some indicators like dynamics of the working time fund, dynamics of the number of employed, average number of hours worked during the year per employee, etc. The analyzed timespan is 25 years (from 1991 to 2016). Results. The comparative analysis revealed that in the non-production sphere and the economy as a whole the macroeconomic determinants correlate so that the length of working time per worker reduces. When considering the analysis results for the manufacturing sector, no single trend was identified. Conclusions. One of the key factors affecting the change in working hours is the number of employed. The relationship between the working time fund and the number of employed directly determines the dynamics of working time per worker.


2020 ◽  
Vol 26 (11) ◽  
pp. 2448-2471
Author(s):  
S.V. Anureev

Subject. This article examines the functions and management structures of central financial bodies and related parliamentary and governmental structures in Australia, Canada, Great Britain, Japan, Germany, France and Italy. Objectives. The article aims to identify non-standard functions and structures that go beyond the classical responsibility of finance ministries as a central part of the budget process arising from current economic challenges. Methods. For the study, I used a comparative analysis. Results. The article describes the important new functions of financial authorities and treasuries of Western governments aimed at economic growth and economic recovery. Conclusions. The organizational and management structures and functions of the ministries of finance go far beyond the budget process, overlap with and dominate the functions of central banks and ministries of economic development.


Author(s):  
Teuta Balliu ◽  
Aida Gaçe Llozana

Countries of former Yugoslavia and Albania are considered as countries with many common problems as well as changes, which in this context are regarded as insignificant. On their way towards development, these countries are characterized by common problem, among which the most sensitive have been and still remain, unemployment, increasingly compressed public administration, unjustified optimism when planning the budget, mismanagement of public finances and poor fiscal discipline which mostly depends on being or not an election year. In these countries we notice the lack of harmony between economic and fiscal policies and the real needs of the economy. This is seen as other major common ofWest Balkan countries. This similiarity of problems narrows the possibility of competition associated to the foreign investment absorbing capacity. But, which is the moacroeconomic picture in the countries of West Balkan? What are their tax systems? How much are the foreign direct investments? Does the tax system serve as a promoter for these invvestments? This paper represents a comparative analysis of the fiscal systems in the countries of this region. The subject of this paper is the protection with arguments of the economic and fiscal policy which are built for the economic development of a country. This because we are given that there are two types of experiences related to tax system, one of which handles taxes as instruments for revenue collection and the other as a promoter factor for economic development.


Author(s):  
V. Iordanova ◽  
A. Ananev

The authors of this scientific article conducted a comparative analysis of the trade policy of US presidents Barack Obama and Donald Trump. The article states that the tightening of trade policy by the current President is counterproductive and has a serious impact not only on the economic development of the United States, but also on the entire world economy as a whole.


2019 ◽  
Vol 39 (2) ◽  
pp. 196-205
Author(s):  
N. V. Firov

A comparative analysis of the prices of raw materials, fuel, electricity in Russia and Western countries, the dynamics of their growth and impact on the national economy. It is shown that in the interests of the country's economic development and improving the welfare of the population, it is necessary to use its natural resources more effectively, to pursue a more stringent and at the same time balanced policy to curb the growth of prices, taking into account the interests of the state and business.


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