scholarly journals Women Entrepreneurs in Bangladesh- Challenges and Determining Factors

2015 ◽  
Vol 9 (2) ◽  
pp. 27-41 ◽  
Author(s):  
Tania Afroze ◽  
Md Kashrul Alam ◽  
Eliza Akther ◽  
Nahid Sultana Jui
Keyword(s):  
Gender Discrimination ◽  
Women Entrepreneurs ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Business Environment ◽  
Sales Promotion ◽  
Social Constraints ◽  
Management Skills ◽  
Economic Activities ◽  
Medium Enterprises

The aim of this study is to find out the major challenges that hinder smooth operation of women entrepreneurs of Bangladesh. It also finds the reasons behind the success of the women entrepreneurship. Both primary and secondary data have been used to conduct the study. The questionnaire included questions about economic problems, family related issues, social constraints and other limitations faced by women entrepreneurs and the reasons behind their success. Women involved in various small and medium enterprises take on the challenge to work in a male-dominated society, competitive and complex economic and business environment. However, the identified challenges are inadequate capital, sales promotion, getting permission to start-up a business, gender discrimination, illiteracy and lack of knowledge among women, non-availability of training program and technical support, lack of managerial experience, in some cases young people make ill talk about the enterprise and so on. Personal qualities such as hard work and perseverance, management skills and marketing skills, support provided by their spouses or family are the main reasons behind the success of the women entrepreneurs. The level of participation of women in mainstream economic activities remains insufficient and the percentage of women in business is still much below than that of their male counterparts.Journal of Business and Technology (Dhaka) Vol.9(2) 2014; 27-41

scholarly journals Effects of Corporate Entrepreneurship Dimensions on Organizational Performance: Case of Small and Medium Enterprises in Holeta Town, Ethiopia

2021 ◽  
Vol 7 (4) ◽  
pp. 234
Author(s):  
Gemechu Abdissa ◽  
Abebe Ayalew ◽  
Csaba Bálint Illés ◽  
Anna Dunay
Keyword(s):  
Organizational Performance ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Corporate Entrepreneurship ◽  
Business Environment ◽  
Explanatory Variables ◽  
Market Shares ◽  
Medium Enterprises ◽  
The Town

Small and medium enterprises are paying the lion’s share in the innovation-based economy of today’s competitive business environment. To this effect, this study observed the effects of corporate entrepreneurship (CE) dimensions on the performance of SMEs in the town of Holeta, Ethiopia. We used both descriptive and survey research designs to meet the specified target of the study. The researchers employed both primary and secondary data sources; the former were collected from 173 participants using both primary and secondary data. The result of this study indicates that all of the explanatory variables used were statistically significant and had a positive relationship with the performance of SMEs. Thus, we recommend that owners of small and medium enterprises pay special attention to practicing CE to increase their business performance, sustainability, and competitiveness. Entrepreneurs should also come up with new and attractive product and service features to take high market shares. Furthermore, forecasting potential challenges for firms and devising possible ways of solving the situation in advance can safeguard businesses from failure.

STRATEGI PEMASARAN UMKM

2018 ◽  
Vol 3 (2) ◽  
pp. 191-198
Author(s):  
Ahmad Tarmizi
Keyword(s):  
Economic Development ◽  
Driving Forces ◽  
Brand Image ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Marketing Strategies ◽  
Economic Activities ◽  
Technological Developments ◽  
Market Leader ◽  
Medium Enterprises

This article is a summary of several journals that were rereviewed about the Micro, Small and Medium Enterprises (MSMEs) Marketing Strategy. MSMEs are one of the leading driving forces in economic development and play a significant role in the economy. Economic players such as the owners of MSMEs now not only can produce a product, but also must adapt and implement technological developments into their economic activities. So that the marketing strategies of MSME owners become complex and numerous. The purpose of this study is to identify marketing strategies in the development of MSMEs. The data obtained is from the literature studies of existing journals as secondary data. The results obtained show that there are two strategies in the marketing of MSMEs which become priority strategies, namely: (1) The owner of MSMEs applies e-commerce to become a market leader, (2) The owners of MSMEs provide branding to emerge brand image of their products. Keywords: E-commerce, Brand Image, Strategi Pemasaran, UMKM

Factors influencing women entrepreneurs’ performance in SMEs

2016 ◽  
Vol 12 (2) ◽  
Author(s):  
Fatima S.M.A Hasan ◽  
Muneer Mohammed Saeed Almubarak
Keyword(s):  
Women Entrepreneurs ◽  
Design Methodology ◽  
Small And Medium Enterprises ◽  
Influencing Factor ◽  
Business Environment ◽  
Opportunity Recognition ◽  
Future Research ◽  
Factors Influencing ◽  
Medium Enterprises ◽  
Practical Implications

Purpose This paper aims at contributing to the entrepreneurship literature by identifying factors influencing women entrepreneurs’ performance and the corresponding challenges in small and medium enterprises (SMEs). The study also examines the opportunity recognition as a mediator between influencing factors and performance of women entrepreneurs. Design/methodology/approach The study proposes a model that shows the effects of different internal and external factors on women entrepreneurs’ performance. Findings The paper demonstrates several challenges that are encountered by women entrepreneurs such as lack of access to financial resources, difficulty in finding qualified labors, work-home conflict and low profit. The results suggest that the most influencing factor is industry (SMEs) characteristics followed by entrepreneurial goals and motivations, and legal factors. Additionally, opportunity recognition is found to mediate entrepreneurial goals and motivations, and industry characteristics. Research limitations/implications As the study is conducted in Bahrain, it may lack generalization. In future research, it is advisable to expand study factors, use interviews as a research tool and make comparison between women and men entrepreneurial performances. Practical implications The paper can help increase women entrepreneurs’ performance and enable them to make use of the business environment in a more efficient and effective way. Originality/value Although several papers already exist that discuss issues on women entrepreneurs, there has been little research focusing on factors influencing and challenges facing women entrepreneurs, particularly in the Middle East. Our study explores important issues and calls for more research in this domain.

scholarly journals Developing Financial Sources: The Case Of Small And Medium Enterprises In Vietnam

2021 ◽  
Vol 8 (5) ◽  
pp. 322-340
Author(s):  
Le Thanh Xuan ◽  
Trịnh Đức Trọng ◽  
Le Thai Phong
Keyword(s):  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Business Environment ◽  
Capacity Management ◽  
Actual Situation ◽  
Socialist Republic ◽  
Macroeconomic Conditions ◽  
Financial Products ◽  
Potential Risks ◽  
Medium Enterprises

Although Vietnam's business environment has undergone fundamental changes to create favourable conditions for small and medium-sized enterprises (SMEs) to develop, SMEs are having difficulties in their existing operation and are facing constraints in accessing financial sources. This research aims to analyze the situation of financial sources and produce the relevant recommendations for small and medium enterprises in Vietnam. The authors use secondary data from government official websites of the Socialist Republic of Vietnam about Vietnam's SME survey of Ha Noi Capital in the period 2014 – 2020. By observing and analyzing the collected data, the study provides a detailed description of the findings and relevant recommendations. After examining and investigating data and current studies about Vietnamese SMEs, the authors find that, in general, main constraints in accessing financial sources of SMEs are chiefly caused by (i) macroeconomic conditions, (ii) capacity management, (iii) lack of network and (iv) collateral requirements. The findings suggest implications for Vietnamese SMEs to improve financial sources should focus on: (i) training SMEs’ leaders to tackle potential risks and crises; (ii) creating new financial products and services in environmental and social development in Ha Noi Capital; (iii) developing new credit accessibility products without collaterals for SMEs. Different from prior studies that either provide current situation and list constraints of SMEs or make suggestions without sticking to the actual situation, the authors deliver a more comprehensive analysis about SMEs in the context of a developing country like Vietnam.

scholarly journals MACROECONOMIC BUSINESS ENVIRONMENT AND THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA

2021 ◽  
Vol 26 (4) ◽  
pp. 93-105
Author(s):  
Moruff Sanjo Oladimeji ◽  
Nurudeen Afolabi Sofoluwe ◽  
Henry Adewale Odunaya
Keyword(s):  
Purchasing Power Parity ◽  
Inflation Rate ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
Business Environment ◽  
Small Scale ◽  
Power Parity ◽  
Global Environmental ◽  
Medium Enterprises ◽  
Economic Constraints

The study evaluates the effect of the global macro-economic business environment on the development of Small-Scale and Medium-Sized Enterprises (SMEs) in Nigeria. Secondary data on the global macro-economic index of SMEs businesses were selected over 35 years (1985–2019). The data collected were analysed using descriptive statistics and multiple regression analysis techniques. The study revealed the positive coefficient value of 354 836.6525 and 24 141 873.6 for the gross domestic product (GDP) on Purchasing Power Parity (PPP) and Budget variables. A negative coefficient value of –16347085.61 and –232997.0657 was obtained for the inflation rate and the exchange rate, respectively. The coefficient values show the level at which the development of SMEs businesses was affected through the global environmental factors. The study concluded that the global macro-economic business environment directly affects the development of SMEs businesses. The study recommends a policy strategy that will face out the global macro-economic constraints affecting SMEs businesses.

scholarly journals The Essence and Types of Development of Business Structures

2020 ◽  
Vol 6 (12) ◽  
pp. 2001-2006
Author(s):  
Volodymyr Faldyna ◽  
◽  
Marcel Kurt Mainka ◽  
Keyword(s):  
Social Problems ◽  
Small And Medium Enterprises ◽  
Business Environment ◽  
Entrepreneurial Activity ◽  
Economic Activities ◽  
Doing Business ◽  
Urgent Task ◽  
Business Structures ◽  
Destructive Processes ◽  
Medium Enterprises

The development of entrepreneurial activity is one of the main conditions for solving society’s current economic and social problems. The primary requirement for this development is the growth of effective financial and economic activities of business structures. Today, unfortunately, the business environment, especially competition, occurs only in the field of activity of small and medium enterprises, and competition at the level of large enterprises and their associations is distorted due to destructive processes occurring at the industry level. Today it is an urgent task to identify the characteristics of business structures depending on their size. The article studies and classifies business structures depending on their potential of doing business.

scholarly journals Bringing Women Entrepreneurs In Policy Focus For SME Development In Bangladesh

2009 ◽  
Vol 2 (1) ◽  
pp. 127-140
Author(s):  
Rita Afsar
Keyword(s):  
Low Income ◽  
Women Entrepreneurs ◽  
Small And Medium Enterprises ◽  
Labour Force ◽  
Special Focus ◽  
Economic Activities ◽  
High Concentration ◽  
Representation Of Women ◽  
Women's Participation ◽  
Medium Enterprises

Small and medium enterprises (SMEs) are often considered as panacea for generating labour-intensive employment opportunities needed to absorb expanding labour force, providing much needed flexibility and innovations in the economy as a whole, diversifying economic activities and making significant contribution to export and poverty alleviation. There is disproportionately high concentration of women in the low-productive, low-income generating micro-enterprises and subsequent low representation of women entrepreneurs in the SME sector due to some of the inherent problems of this sector compounded with systematic gender based inequality. Data from the Bangladesh Bureau of Statistics show that in Bangladesh, only about 7.4 per cent of the establishments in manufacturing and services as of 2001-2003 are owned by women. This compares with about 20 per cent in India as of 2000 and that of nearly 39 per cent in the South-East Asian region. Clearly it suggests the need for policy push to increase women’s participation and enhance their capacity. Based on a thorough literature review including research and other policy as well as programme related documents, this paper highlights the major constraints faced by women entrepreneurs and suggest appropriate policy measures to address those gaps and challenges from a review of the existing SME policies. It argues that the whole process of SME development should have a clear structure and a vision for enhancing capability of the entrepreneurs to compete in the global and domestic markets which demand special focus on women entrepreneurs who are often marginalized in the existing women unfriendly environment. A broad and comprehensive focus on information and capital accessibility, skill development and marketing linkage is essential to increase women’s participation in SME.

scholarly journals Micro and Small Industries and the Use of Internet: Findings from Indonesian

2019 ◽  
Vol 8 (2) ◽  
pp. 203-224
Author(s):  
Tulus Tahi Hamonangan Tambunan
Keyword(s):  
Developing Countries ◽  
Manufacturing Industry ◽  
Small And Medium Enterprises ◽  
Secondary Data ◽  
The Internet ◽  
Small Enterprises ◽  
Economic Activities ◽  
Micro And Small Enterprises ◽  
Medium Enterprises ◽  
Small Industries

This study aims to examine the development of Indonesian micro and small enterprises in the manufacturing industry (called micro and small industries/MSIs) in utilizing the internet for their businesses. By nature, this is a descriptive study, which analyses secondary data. It also reviews key literature on the use of ICT by micro, small, and medium enterprises (MSMEs) in developing countries. It shows that MSMEs, dominated by micro and small enterprises (MSEs), has been the leading player in Indonesian domestic economic activities as they accounted for more than 90 percent of all firms and contributed to more than 50 percent of gross domestic product (GDP). But, only a small fraction of these enterprises in Indonesia that utilize the internet for business, and the intensity of internet usage varies by province and type of business. This is the first macro-level studyever conducted in Indonesia on the use of the internet by MSEs across sectors based on national data from the 2016 Economic Census conducted and data on the 2016 survey on MSEs in the manufacturing industry (MSIs). Thus, the findings of this study may add new empirical evidence to the literature on the utilization of ICT by MSMEs in developing countries.

scholarly journals The Critical Review on the Adoption of ICTs in the Small and Medium Enterprises (SMEs) in the Developing Countries

2019 ◽  
Vol 2 (2) ◽  
pp. 33-40
Author(s):  
Nasser Saif Al Busaidi ◽  
Abul Bashar Bhuiyan ◽  
Norhayah Zulkifli
Keyword(s):  
Information And Communication Technologies ◽  
Success Factors ◽  
Small And Medium Enterprises ◽  
Communication Technologies ◽  
Business Environment ◽  
Management Skills ◽  
Critical Success ◽  
Information And Communication ◽  
Business Competitiveness ◽  
Medium Enterprises

The Small and Medium Enterprises (SMEs) are considered as the mainstay of the economy, whereas the Information and Communication Technologies (ICTs) is regarded as unitary of the major drivers for SMEs. The function of the ICT is to ensure that as far as the organizations are concerned, their strategy and design, innovation of new products, services, processes, productivity, expansion of market size, improvement of product qualities, enhancement of performance and, development, as well as supporting business competitiveness can be executed accordingly. However, debates about the efficient uses of ICTs by SMEs in developing nations are being discussed and reported widely. Therefore, this study analyzes the critical success factors on the ICTs adoption in the SMEs globally focusing on Oman. Questionnaire survey is conducted among the managers of the SMEs. It is found that the effective adoption of ICTs in the SMEs is caused by a number of success factors including among others limited access to markets and, finance, lack of awareness to global markets, unfriendly business environment, poor management skills and lack of updated technology. complication of the bureaucracy process, as well as lack of training relating to basic business.

scholarly journals The Barriers to High-Growth Enterprises: What Do Businesses in Africa Experience?

2020 ◽  
Vol 9 (1) ◽  
pp. 317
Author(s):  
Chinyere Augusta Nwajiuba ◽  
Paul Agu Igwe ◽  
Micheal Olayinka Binuomote ◽  
Anulika O. Nwajiuba ◽  
Kenneth Chukwuma Nwekpa
Keyword(s):  
Small And Medium Enterprises ◽  
Secondary Data ◽  
High Growth ◽  
Business Environment ◽  
Entrepreneurial Ecosystem ◽  
African Region ◽  
Business Environments ◽  
Innovation And Technology ◽  
Medium Enterprises ◽  
African Entrepreneurship

This study examines the challenges that micro, small and medium enterprises (MSMEs) face and provide insights on African business environment and entrepreneurial ecosystem. In the context of growth-oriented entrepreneurship, good policies and favourable institutional environments support firms' growth, productivity and development, while adverse formal and informal institutions constrain business development. Secondary data from World Bank Enterprise Survey (WBES) was used to capture barriers to entrepreneurship and high-growth opportunities which include – lack of finance, lack of innovation and technology, low skilled workforce, poor infrastructure, unfavorable regulations and more pervasively corruption. These barriers are evident in the micro, meso and macro environments. These have implications on the unemployment rate, poverty rates and economic growth of the African region.  Keywords: Micro, Small and Medium Enterprises; Entrepreneurial Ecosystem; African Entrepreneurship; African Business Environments.  

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