Achieving Sustainable Development in Business Productivity in Nigeria: An Equity Financing Model Approach

Equity investment financing is an innovative way of financing the real sector which has considerable developmental potential. The study empirically determined the effect of Equity investment financing on sustainable increase in productivity among agro-allied small businesses in South-South Nigeria. The instrument of data collection is the research questions structured in a five-point likert scale. The evaluation of the relationship between the dependent and independent variables was performed using the Ordinary Least Square regression technique. The study revealed that equity investment financing has a positive and significant effect on the sustainable productivity of businesses in Nigeria. The study recommended educating small business entrepreneurs on the benefits of equity financing as a viable option towards business growth and expansion and that the government through the various intervention agencies should restructure the long-term loan policies to give access to more growth-oriented agro-allied businesses, to increase their presently low capacity to procure heavy-duty technology to increase productivity and achieve food security in Nigeria. Small business owners should take advantage of the membership of cooperative societies and as well maintain good business relationships with suppliers; this will guarantee a continuous supply of needed materials and uninterrupted operations of the business.

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The need for financial knowledge acquisition tools and technology by small business entrepreneurs

Journal of Innovation and Entrepreneurship ◽

10.1186/s13731-020-00136-2 ◽

2020 ◽

Vol 9 (1) ◽

Author(s):

Panita Rachapaettayakom ◽

Mongkolchai Wiriyapinit ◽

Nagul Cooharojananone ◽

Suparatana Tanthanongsakkun ◽

Nuttirudee Charoenruk

Keyword(s):

Small Business ◽

Knowledge Acquisition ◽

Small Businesses ◽

Financial Knowledge ◽

Business Failure ◽

Cost Calculation ◽

Management Tools ◽

Start Up ◽

The Government ◽

Small Business Failure

Abstract Knowledge management tools and technology are the main factors bringing competitive advantage to organisations. This study extends the depth of study on small business entrepreneurs by examining the effect of knowledge acquisition, in particular financial knowledge that leads to the need for knowledge acquisition tools and technology. There is evidence to support that a lower level of existing financial knowledge in small business entrepreneurs encourages them to acquire more financial knowledge since they tend to be responsible for all tasks related to business survival. This finding is not consistent with several other previous studies. In addition, relevant knowledge on how to raise adequate capital to establish their business and the accurate calculation of cost are the two most important aspects of financial knowledge for encouraging small business entrepreneurs to seek effective knowledge acquisition tools and technology. The evidence provides insight for the government authorities supporting small businesses to provide financial knowledge to small business entrepreneurs during the pre-start-up phase and thereafter by providing the relevant knowledge on financing and cost calculation to strengthen and sustain these businesses. This will ultimately lead to an improvement in small business failure and increase the country’s economic growth.

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Análisis de la aplicación de los incentivos tributarios para las pequeñas empresas del sector de alimentos del cantón Quito / Analysis of application of tax incentives for small businesses of the food industry in Quito City, Ecuador

Ciencia Unemi ◽

10.29076/issn.2528-7737vol9iss19.2016pp11-20p ◽

2016 ◽

Vol 9 (19) ◽

pp. 11

Author(s):

Sandra Patricia Galarza Torres ◽

Lorenzo Armijo Robles ◽

Juanita Garcia Aguilar ◽

Ximena Acosta

Keyword(s):

Small Business ◽

Small Businesses ◽

Food Industry ◽

Tax Incentives ◽

Business Owners ◽

Point Of View ◽

Small Business Owners ◽

Business Sector ◽

The Government ◽

Trade And Investment

El presente estudio tiene por objeto analizar los resultados que han generado los incentivos tributarios establecidos en el Código de la Producción, Comercio e Inversión (COPCI) publicado en el registro oficial No. 351 del 29 de diciembre de 2010, en las pequeñas empresas del sector de alimentos del Cantón Quito, Ecuador. Para su desarrollo se utilizó la información financiera del período 2010-2012, investigación documental basada en fuentes bibliográficas, aplicación de encuestas a gerentes y propietarios de pequeñas empresas del sector de alimentos y entrevistas a funcionarios públicos. Los resultados mostraron que los incentivos establecidos en el COPCI pueden resultar atractivos desde el punto de vista económico y tributario para el gobierno, sin embargo, para las pequeñas empresas del sector de alimentos del cantón Quito, estos no han generado mayor beneficio en temas de empleo, producción, inversión y recaudación tributaria. Abstract The present study aims to analyze the results that have generated tax incentives established in the Code of Production, Trade and Investment (COPCI) published in the Official Register No. 351 of December 29, 2010, in the small business sector of food of Quito Canton, Ecuador. For the development of this research, the 2010-2012 period of financial information, documental research based on literature sources, application surveys to managers and small business owners, and interviews with industry officials were used. The results showed that the incentives established in the COPCI may be attractive from the point of view of the government about economics and taxes; however, for small businesses of the food industry Quito city, they have not generated the greatest benefits on employment issues, production, investment and tax collection.

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HIRINGLAB.io: An exploration into the commercial potential of an innovative connection service that provides work experience opportunities for young adults to drive small business growth

10.26686/wgtn.17134697.v1 ◽

2021 ◽

Author(s):

◽

Darshana Patel

Keyword(s):

Young Adults ◽

Small Business ◽

Work Experience ◽

Small Businesses ◽

Design Thinking ◽

Small Business Owners ◽

Business Growth ◽

Start Up ◽

Small Business Growth ◽

Development And Validation

<p>Technology has changed the way that young adults begin their careers. Exploring potential work opportunities is easier to do now than 20 years ago with the rise of technology. However, with the rise of job accessibility a number of challenges for young adults looking to get ahead have arisen. Work experience is crucial in making the transition from simply getting a job, to starting a career that will have meaning and impact. In contrast, technology has affected the way that small businesses survive, and then grow. It can be challenging for small businesses to grow with limited resources, in a competitive commercial environment. Small business owners in the start-up and growth phases in particular struggle, to fill the gaps in their capabilities with little time, money or the necessary skills and expertise. This research, in partnership with Accenture, explores the commercial potential of an innovative connection service. The proposed service will provide work experience opportunities for young adults that will drive small business growth. Research involved the application of lean start-up methodology and service design thinking principles across three phases; Phase One Market Development and Validation, Phase Two Service Development and Validation, and Phase Three Business Case Development. Phase One involved interviewing 20 young adults and 10 small business owners to identify the specific market segments that the service could benefit. Phase Two involved matching two pairs of suitable young adults and small businesses from Phase One, to trial the prototyped service solution. Phase Three involved conducting a retrospective focus group with the trial participants to understand thoughts and feelings about the service as potential customers. Findings from each research phase indicate that young adults and small businesses are suitable markets for the service and that the service concept is feasible. A major finding from Phase One was that certain characteristics improved the potential of some market segments for the proposed service over others. For young adults this meant having the necessary knowledge, skills and confidence to solve a small business problem. For small businesses those with zero employees in particular had suitable gaps to fill and were open to young adults helping them. In Phase Two, critical success factors were identified for the service, most significantly a key indicator of success for the relationship was understanding a person’s work purpose, culture and values. Phase Three found that the success of the match reflected on perception of service quality. It highlighted that young adults and small businesses preferred short term, meaningful engagements. Research findings led to recommendations of suitable development strategies and a proposed business model for the service. A key recommendation is to incorporate both lean start-up methodology and service design thinking as the main development strategy, for fast iteration with the customer at the centre of decisions made. It was also recommended that the service adopt a freemium marketplace business model where users are able to view potential jobs, at no cost but engage in the customised matching service on a subscription basis. The implementation and success of this service could ultimately change how young adults seek work experience and differentiate themselves in competitive job markets. For small businesses, the service could offer an affordable tool in seeking talent to overcome business shortcomings and ultimately achieving growth.</p>

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Government or opposition? The determinants of legislative support for governors in Brazil

10.31235/osf.io/8truf ◽

2018 ◽

Author(s):

Magna Inácio ◽

Ernesto F. L. Amaral

Keyword(s):

Political Competition ◽

Least Square ◽

Political Careers ◽

Ordinary Least Square ◽

Building Process ◽

Legislative Support ◽

Ordinary Least Square Regression ◽

The Government ◽

The Individual ◽

Party Strength

This article analyzes the microfoundations of support for governors in Brazil based on a decision model in which deputies attempt to reduce their electoral risks. This model considers the effects of the individual backgrounds of legislators, party strength, and the dynamics of political competition in states. We used ordinary least square regression models to estimate the chances of a legislator to adopt an oppositional stance. The results confirm the multidimensional nature of the government-building process in Brazil. Adhesion is not only coordinated on a partisan basis, but it is also shaped by perceptions of electoral risks, as well as by expected rewards that different political careers and partisan linkages shape.

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HIRINGLAB.io: An exploration into the commercial potential of an innovative connection service that provides work experience opportunities for young adults to drive small business growth

10.26686/wgtn.17134697 ◽

2021 ◽

Author(s):

◽

Darshana Patel

Keyword(s):

Young Adults ◽

Small Business ◽

Work Experience ◽

Small Businesses ◽

Design Thinking ◽

Small Business Owners ◽

Business Growth ◽

Start Up ◽

Small Business Growth ◽

Development And Validation

<p>Technology has changed the way that young adults begin their careers. Exploring potential work opportunities is easier to do now than 20 years ago with the rise of technology. However, with the rise of job accessibility a number of challenges for young adults looking to get ahead have arisen. Work experience is crucial in making the transition from simply getting a job, to starting a career that will have meaning and impact. In contrast, technology has affected the way that small businesses survive, and then grow. It can be challenging for small businesses to grow with limited resources, in a competitive commercial environment. Small business owners in the start-up and growth phases in particular struggle, to fill the gaps in their capabilities with little time, money or the necessary skills and expertise. This research, in partnership with Accenture, explores the commercial potential of an innovative connection service. The proposed service will provide work experience opportunities for young adults that will drive small business growth. Research involved the application of lean start-up methodology and service design thinking principles across three phases; Phase One Market Development and Validation, Phase Two Service Development and Validation, and Phase Three Business Case Development. Phase One involved interviewing 20 young adults and 10 small business owners to identify the specific market segments that the service could benefit. Phase Two involved matching two pairs of suitable young adults and small businesses from Phase One, to trial the prototyped service solution. Phase Three involved conducting a retrospective focus group with the trial participants to understand thoughts and feelings about the service as potential customers. Findings from each research phase indicate that young adults and small businesses are suitable markets for the service and that the service concept is feasible. A major finding from Phase One was that certain characteristics improved the potential of some market segments for the proposed service over others. For young adults this meant having the necessary knowledge, skills and confidence to solve a small business problem. For small businesses those with zero employees in particular had suitable gaps to fill and were open to young adults helping them. In Phase Two, critical success factors were identified for the service, most significantly a key indicator of success for the relationship was understanding a person’s work purpose, culture and values. Phase Three found that the success of the match reflected on perception of service quality. It highlighted that young adults and small businesses preferred short term, meaningful engagements. Research findings led to recommendations of suitable development strategies and a proposed business model for the service. A key recommendation is to incorporate both lean start-up methodology and service design thinking as the main development strategy, for fast iteration with the customer at the centre of decisions made. It was also recommended that the service adopt a freemium marketplace business model where users are able to view potential jobs, at no cost but engage in the customised matching service on a subscription basis. The implementation and success of this service could ultimately change how young adults seek work experience and differentiate themselves in competitive job markets. For small businesses, the service could offer an affordable tool in seeking talent to overcome business shortcomings and ultimately achieving growth.</p>

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Tacit knowledge transfer in coopetition

Journal of Strategy and Management ◽

10.1108/jsma-07-2016-0047 ◽

2017 ◽

Vol 10 (4) ◽

pp. 453-468 ◽

Cited By ~ 4

Author(s):

Amit Kumar ◽

Swarup Kumar Dutta

Keyword(s):

Knowledge Transfer ◽

Tacit Knowledge ◽

Least Square ◽

Service Firms ◽

Content Type ◽

Ordinary Least Square ◽

Tacit Knowledge Transfer ◽

Potential Benefits ◽

Ordinary Least Square Regression ◽

Empirical Context

Purpose The purpose of this paper is to understand how firms affiliated to business groups (BGs) are able to improve their innovation capability (IC) when engaged in coopetition (collaboration between competing firms). This study aims to explore the relationship between coopetitive relationship strength (CRS), the extent of tacit knowledge transfer (TKT) and IC as well as examine the moderating effect of both BG affiliation and coopetitive experience. Design/methodology/approach The paper examines inter-firm relationships within the empirical context of Indian manufacturing and service firms, by adopting (ordinary least square) regression analysis to test the various hypotheses. The central thesis is that the TKT in coopetition constitutes an important driver to the IC. Findings The paper provides some evidence that inter-firm CRS influences the extent of TKT, and the extent of TKT affects firm IC. The results support that firms in coopetition gain more if their coopetitive partner has a BG affiliation. In absence of a BG affiliation of any of the coopetitive partners, the buildup of TKT reduces as CRS is increased. Research limitations/implications Additional large-sample of data may attempt to validate relationships. The study, however, did not consider all enablers that are critical for TKT. Despite these limitations, analysis provides important and novel perspectives. Practical implications The paper contributes to develop executives’ practices in understanding potential benefits of coopetitive relationship. The implications of this research are important for managers seeking understanding of the management of coopetition. Originality/value The paper makes a modest attempt to investigate the various scenarios of the presence or absence of the moderation of BGs and its impact on CRS in the buildup of TKT. This is the first attempt to link coopetition to the TKT in the BG literature. This study also contributes to our understanding of coopetition in a non-western context.

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Measuring Success in Family Businesses: The Concept of Configurational Fit

Family Business Review ◽

10.1111/j.1741-6248.2006.00061.x ◽

2006 ◽

Vol 19 (2) ◽

pp. 115-134 ◽

Cited By ~ 28

Author(s):

Christoph Hienerth ◽

Alexander Kessler

Keyword(s):

Small Business ◽

Small Businesses ◽

Business Owners ◽

Border Region ◽

Small Business Owners ◽

Comparable Data ◽

Measurement Instruments ◽

Success Measurement ◽

Success Evaluation ◽

As Effects

The problems associated with measuring success in small businesses are primarily caused by a lack of comparable data due to the ambiguity of “success” and by subjective biases. Success evaluation is dominated by the estimates of business owners, who tend to overestimate overall success and internal strengths. However, reliable success measurement instruments would be useful for small business owners/managers as well as small business policymakers. The main purposes of this article are to compare various measures of success, to explore the differences in their outcomes, and to analyze whether a model of success measurement using configurational fit can be used to overcome subjective biases. The study is based on a recent survey of 103 small family-owned businesses in the eastern Austrian border region. Our analysis of the data confirmed the existence of the measurement problems mentioned above. Although some individual indicators show significant biases as well as effects due to company age, size, and industry, the aggregated indicator based on the concept of configurational fit seems to be an appropriate means of overcoming most of these drawbacks.

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Users’ perception of cybersecurity, trust and cloud computing providers’ performance

Information and Computer Security ◽

10.1108/ics-09-2020-0153 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Hongjiang Xu ◽

Sakthi Mahenthiran

Keyword(s):

Cloud Computing ◽

Structural Equation ◽

Design Methodology ◽

Positive Relationship ◽

Least Square ◽

Equation Modeling ◽

Content Type ◽

Ordinary Least Square ◽

Ordinary Least Square Regression ◽

Computing Literature

Purpose This study aims to develop a scale to measure the cloud provider’s performance and it investigates the factors that impact that performance from the users’ perspective. Design/methodology/approach This paper proposes a research framework, develops hypotheses and conducts a survey to test the framework. Findings The results from both ordinary least square regression and structural equation modeling analyzes indicate that information technology complexity negatively and significantly affects users’ perception of the cloud computing providers’ performance. Additionally, the trust in the supervisor significantly enhances the otherwise insignificant positive relationship between providers’ cybersecurity capability and users’ perception of their providers’ performance. Originality/value The research makes important contributions to the cloud computing literature, as it measures users’ perception of the cloud computing provider’s performance and links it with cybersecurity, technical complexity and incorporates both the trust in the client firm’s supervisor and the strength of cybersecurity offered by cloud computing provider.

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THE EFFECT OF EDUCATION, HEALTH, UNEMPLOYMENT AND INFRASTRUCTURE ON POVERTY IN BENGKAYANG REGENCY

Management and Sustainable Development Journal ◽

10.46229/msdj.v1i1.97 ◽

2019 ◽

Vol 1 (1) ◽

pp. 17-25

Author(s):

Deffrinica Deffrinica

Keyword(s):

Least Squares Method ◽

Education Sector ◽

Least Square ◽

Path Coefficient ◽

Hospital Services ◽

Ordinary Least Square ◽

Independent Variable ◽

The Government ◽

Poverty Levels ◽

Positive Effect

Education (X1) shows the results of the analysis of poverty (Y) in Bengkayang Regency. Not significant when viewed from the results of the t test partially can be obtained to count to the value of the Education Sector, -1.449> 1.796 so that education has a positive and not significant effect on poverty, which is supported by a significant level of 0.385 <0.050. This shows that the Education Sector variable has no significant effect on Poverty (Y). Health (X2) has a negative and significant effect on Poverty, which is supported by the Probability Value (sig) of 0.437 <0.050. This means that in terms of health, the government in this case has made every possible effort for budget expenditures , but in fact in the field there are still many underprivileged people who have not been able to enjoy maximum hospital services. The results of the analysis of the direct effect of Unemployment (X3) on Poverty in Bengkayang Regency showed insignificant influence. The results of the analysis show that this path has a significant effect because the value of t count is 1,217, while the table is 1,796 (t count 1,217> t table 1,796), thus in this direct relationship pattern, unemployment has a positive effect not significant to poverty, which is supported by Probability Value (sig) 0.371> 0.050. The results of the analysis of direct influence of Infrastructure (X4) on poverty levels in Bengkayang Regency show that the path coefficient between Infrastructure and poverty is 0.804> 0.050, which means that the pathway has a negative and insignificant effect. The method used to analyze this research is linear regression with the least squares method usually known as OLS (Ordinary Least Square), which is a method used to determine the effect of an independent variable on the dependent variable.

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