scholarly journals Toward Enhancing Sustainable Competitive Advantage of Small and Medium Enterprises in Developing Economies of Africa: A Confirmatory Analysis

2019 ◽  
Vol 2 (2) ◽  
pp. 1-7
Author(s):  
Yakubu Salisu ◽  
Lily Julienti
Keyword(s):  
Competitive Advantage ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Reliability And Validity ◽  
Organizational Capabilities ◽  
Sustainable Competitive Advantage ◽  
Strategic Resources ◽  
Medium Enterprise ◽  
Strategic Capabilities ◽  
Medium Enterprises

The increasing globalization and liberalization of trade have posed onto manufacturing small and medium enterprise (SMEs) in developing economies of Africa a survival and growth challenges. Nevertheless, the resource-based-view (RBV) has given rise to a perspective that views a firm’s intangible assets as strategic resources with the potential to create and enhance sustainable competitive advantage in both local and global markets. Based on the peculiarity of SMEs in Africa, this paper develops and validate a conceptual model on the role of strategic organizational capabilities in improving the competitive advantage of SMEs for sustainable development in developing economies of Africa. Precisely, six variables were identified and reviewed as strategic capabilities. A total number of 81 valid questionnaires were retrieved from owners/managers of SMEs in Yobe state Nigeria and used to evaluate the reliability and validity of the adopted measures. The result of Cronbach’s Alpha test reveals a satisfactory value for all the variables under study. Specifically, innovation, learning, management, marketing, relational and technological capabilities have been established to be reliable strategic capabilities that would effectively and efficiently create and improve the sustainable competitive advantage of SMEs in developing economies.

scholarly journals DETERMINANTS OF COMPETITIVE ADVANTAGE FOR SMALL AND MEDIUM ENTERPRISES IN DEVELOPING ECONOMIES:CAPABILITIES-BASED PERSPECTIVE

2019 ◽  
Vol 4 (3) ◽  
pp. 23-25
Author(s):  
YAKUBU SALISU
Keyword(s):  
Competitive Advantage ◽  
Small Businesses ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
International Markets ◽  
Innovation Capability ◽  
Marketing Capability ◽  
Learning Capability ◽  
Market Driven ◽  
Medium Enterprises

S mal l and medium enterprises (SMEs) in developing economies nowadays experience s strong competitions both locally and at the global markets . Consequently, Hall and Wagner, (2012) demonstrated the needs for an analysis of specific s trategic capabilities required for sustainable development of small businesses . Despite the interest stimulated by the works of numerous scholars (Ma, 2004, Teece, 1992) , there have been limited researches that attempted to examine and demonstrated the factors influencing competitive advantage of SMEs i n developing economies . Devlin and Ennew, (1997) advocated t hat market driven competition arena and source of competitive advantage are easily recogniza ble for particular market . Th is study concep tualized six capabilities as strategic capabilities which can efficiently enhance SMEs competitive advantage at local an d international markets. The results from the comfirmatory factor analysis through Cronbach’s alpha demonstrated the reliability of the items measuring; innovation capability, learning capability, managemnt capability, marketing capability, relational capa bility and technological capability as determinants of SMEs competitive advantage in developing economies.

scholarly journals Effects of Knowledge Management and Creation Capability on the Performance of SMEs in Kogi State

2021 ◽  
Vol 2021 (1) ◽  
pp. 43-56
Author(s):  
Yunusa Ademu ◽  
Folashade Olufunke Obaje ◽  
Rotimi Grace Gift Otitolaiye
Keyword(s):  
Knowledge Management ◽  
Competitive Advantage ◽  
Knowledge Creation ◽  
Survey Design ◽  
Small And Medium Enterprises ◽  
Analytical Techniques ◽  
Sustainable Competitive Advantage ◽  
Business Growth ◽  
Research Survey ◽  
Medium Enterprises

This study aimed at determining the effects of knowledge management and creation capability on the performance of SMEs in Kogi State. The research survey design was adopted for this study. For data analysis, descriptive and inferential analytical techniques were used. The analytical techniques employed are survival analysis and multiple regression analysis (stepwise). Findings showed that socialization has a significant effect on the competitive advantage of both Small and Medium Enterprises in Kogi State; externalization has a significant effect on the competitive advantage of Medium Enterprises in Kogi State; the combination of resources can predict the competitive advantage of both Small and Medium Enterprises in Kogi State. Findings further showed that combination, internalization, socialization, and externalization strongly and significantly predict the business growth of SMEs in Kogi State. The study concluded that the ability of SME owners to manage knowledge can translate into a better chance of achieving the enterprise's goals. The study recommended that SME owners should channel their knowledge creation towards socialization and a combination of resources; owners of Medium Enterprises should take advantage of knowledge creation through externalization to facilitate sustainable competitive advantage in Kogi State. Furthermore, SME owners and economic stakeholders should find alternative ways of promoting effective knowledge management and creation in Kogi State.

scholarly journals Information Technology Capabilities, Organizational Agility, and Competitive Advantage: A Study of Micro, Small, and Medium Enterprises in Indonesia

2021 ◽  
Vol 4 (2) ◽  
pp. 131-141
Author(s):  
Ridhotama Shanti D. Ottemoesoe ◽  
Lovely Lovely ◽  
Devie Devie
Keyword(s):  
Information Technology ◽  
Competitive Advantage ◽  
Small And Medium Enterprises ◽  
Fashion Industry ◽  
Organizational Agility ◽  
Small And Medium Enterprise ◽  
It Capabilities ◽  
Medium Enterprise ◽  
Medium Enterprises ◽  
The Relationship

This paper aims to explore the relationship between information technology (IT) capabilities and competitive advantage, with organizational agility as a mediator, in the case of micro, small, and medium enterprises engaged in the fashion industry in Indonesia. Data were collected by distributing questionnaires to 180 small to medium-sized enterprises in Indonesia’s fashion industry that have used e-commerce platforms to conduct their business activities. The data were analyzed using partial least squares structural equation modeling (PLS-SEM) in SmartPLS 3.0 software. The study suggests that IT capabilities significantly influence organizational agility and competitive advantage. Therefore, the study can serve as a basis for the Indonesian government to promote digitalization and the use of e-commerce among micro, small, and medium enterprise owners in order to face changes in the market and remain competitive. It can also be beneficial for business owners and managers that aim to increase awareness of the importance of technology in their business operations. The work of this paper deepens the understanding of the relationship between IT capabilities, organizational agility, and competitive advantage, which are becoming increasingly important in the current digitalized and ever-changing business environment. It enriches the literature about micro, small and medium enterprise that is related to their IT capabilities level, how they use it to handle changes and factors that contributes in obtaining competitive advantage.

scholarly journals The Effect of Market Orientation and Entrepreneurship Orientation to Competitive Advantage and Performance

2020 ◽  
Vol 03 (12) ◽  
Author(s):  
irah Ayu Putri Trarintya ◽  
Keyword(s):  
Competitive Advantage ◽  
Market Orientation ◽  
Small And Medium Enterprises ◽  
Simple Random Sampling ◽  
Total Sample ◽  
Business Enterprise ◽  
Medium Enterprise ◽  
And Performance ◽  
Medium Enterprises ◽  
Business Orientation

This study aims to explain the effect market orientation, entrepreneurship orientation and competitive advantage on performance. The population in this study was all Micro, Small and Medium Enterprises enrolled in Bali. Samples taken based on probability sampling techniques are simple random sampling, where researchers provide equal opportunities for each member of the population (employees) to be chosen as samples randomly regardless of the strata in the population itself with a total sample of 100 enterprises. This examination tried by quantitative techniques with SEM-PLS investigation. The consequences of theory testing demonstrate that 1 of 5 speculations were dismissed. Market orientation not impacts on performance. Market orientation and business enterprise orientation has positive and significant impact to competitive advantage. Business orientation and competitive advantage has positive and significant impact to performance. The example utilized in this examination is restricted with regards to Micro Small and Medium Enterprise. Proposals for further research by including another variable that was not recently contemplated. Useful ramifications in this examination is industry administrators ought to adjust their CPMS to incorporate estimates explicit to intra-hierarchical business enterprise and development and should seek after more noteworthy comprehension of changing client inclinations. This examination offers performance to improve business orientation and item advancement with the goal that it will expand competitive advantage which effects on MSMEs performance.

scholarly journals Keunggulan Bersaing Berkelanjutan Berbasis Inovasi dan Kearifan Lokal Pada Usaha Kecil dan Menengah Makanan Tradisional di Pekanbaru

2021 ◽  
Vol 8 (2) ◽  
pp. 123
Author(s):  
Rosmayani Rosmayani ◽  
Annisa Mardatillah
Keyword(s):  
Competitive Advantage ◽  
Small And Medium Enterprises ◽  
Sampling Technique ◽  
Food Products ◽  
Traditional Food ◽  
Sustainable Competitive Advantage ◽  
Local Resources ◽  
Analysis Technique ◽  
Medium Enterprises ◽  
Literary Techniques

Business actors' competition in capturing market share has made it essential for business actors to implement sustainable competitive advantage through local wisdom and innovation. It is expected to improve product quality sustainably. This study aims to analyze sustainable competitive advantage based on local wisdom and innovation in small and medium enterprises of Riau Malay traditional food in Pekanbaru. The research method used is qualitative with observation, interview, and literary techniques. The sampling technique used was purposive sampling on ten business actors and triangulation as the analysis technique in this study. This study's findings are that local wisdom factors and product innovation are a source of sustainable competitive advantage in the micro and small business sector of Riau Malay traditional food in Pekanbaru. Although innovations made in traditional Riau Malay food products, this has not made the product more homogeneous but still thick with its uniqueness and authenticity. The resources owned's heterogeneity is reflected in local knowledge, local skills, local resources, and local values in traditional Riau Malay food products, a differentiator that competitors cannot imitate.

Effect of Innovation Strategies on Sme Performance Mediated Competitive Advantages

2019 ◽  
Vol 118 (2) ◽  
pp. 94-97
Author(s):  
Mohammad Mabrur Taufik ◽  
DewiPuspaningtyas Faeni
Keyword(s):  
Competitive Advantage ◽  
Human Resource Development ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Simple Random Sampling ◽  
Innovation Strategy ◽  
Product Introduction ◽  
Research Population ◽  
Innovation Strategies ◽  
Medium Enterprises

Small and Medium Enterprises and Indonesian Cooperatives (SMESCO) are strategies in promoting and introducing Indonesia's superior products to the international community. Through SMESCO, SME owners can work together on standardization of SME products, SME quality standardization and at the same time a forum for fostering SMEs to market their products, through human resource development programs including seminars, training, workshops and product introduction through online shops and mentoring programs. The research aims to prove and analyse the influence of: innovation strategies on the performance of SMEs in SMESCO Indonesia directly or through competitive advantage; innovation strategy towards competitive advantage; competitive advantage towards the performance of SMEs at SMESCO Indonesia. The research population is all SME companies that partner with SMESCO Indonesia. Sampling is done by probability sampling with a simple random sampling method. Data analysis using Structural Equation Modelling-Partial Least Squares, a sample of 147 small and medium business owners at SMESCO Indonesia. The results of the study prove: (1) The innovation strategy does not directly have a significant effect on the increasing performance of SME companies in SMESCO Indonesia but has a significant effect through competitive advantage; (2) Competitive advantage has a significanteffect on the increasing performance of SMEs in Indonesia.

A Study on the Analytics Tool Used in Decision Making at Small and Medium Enterprise

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Vivek N. Bhatt
Keyword(s):  
Decision Making ◽  
Business Intelligence ◽  
Small And Medium Enterprises ◽  
Small Scale ◽  
Know How ◽  
Decision Making Styles ◽  
Routine Basis ◽  
Medium Enterprise ◽  
Decision Making Processes ◽  
Medium Enterprises

The article focuses on the study of prevailing decision making styles of Small Scale Industrial (SSI) Units. It presents data collected from 200 SSI units from Bhavnagar – a coastal city of Gujarat, India. The objective of writing the article is to depict heuristic decision patterns of small and medium enterprises, and the rare use of analytical or statistical business intelligence tools in decision making processes. It would be interesting to study the design of decision taken on routine basis in small units, poorly equipped with technology and technical know-how. The paper is descriptive in terms, and lays a lucid picture of present decision making processes.

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