Informal Institutions and Entrepreneurial Orientation: An Exploratory Investigation into Vietnamese Small and Medium Enterprises

2018 ◽  
pp. 107-124
Author(s):  
Tuan Anh Bui ◽  
Mai Thi Tuyet Nguyen ◽  
Minh Hoang Nguyen
Keyword(s):  
Entrepreneurial Orientation ◽  
Small And Medium Enterprises ◽  
Informal Institutions ◽  
Policy Makers ◽  
Exploratory Investigation ◽  
Research Findings ◽  
Main Components ◽  
Medium Enterprises ◽  
Depth Interviews

This study explores the informal institutions in Vietnam and their impact on entrepreneurial orientation of Vietnamese small and medium enterprises (SMEs). A qualitative study was conducted through in-depth interviews with 21 SMEs in Hanoi2, Danang and Ho Chi Minh City. The research findings suggest the important role of informal institutions in the context of Vietnam. Specifically, two main components of informal institutions, corruption and institutional trust, are found to have effects on entrepreneurial orientation of SMEs. The research findings are discussed and implications for SME managers and policy makers are provided.

scholarly journals What Prompts Small and Medium Enterprises to Implement CSR? A Qualitative Insight from an Emerging Economy

2021 ◽  
Vol 13 (2) ◽  
pp. 952 ◽  
Author(s):  
Zengming Zou ◽  
Yu Liu ◽  
Naveed Ahmad ◽  
Muhammad Safdar Sial ◽  
Alina Badulescu ◽  
...  
Keyword(s):  
Emerging Economies ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Customer Behavior ◽  
Policy Makers ◽  
Management Commitment ◽  
Top Management Commitment ◽  
Medium Enterprises ◽  
Corporate Social ◽  
Depth Interviews

The topic of corporate social responsibility (henceforth referred to as CSR) has been a central topic during the last decade, but the majority of the existing literature discusses CSR relationship with large organizations. Whereas, its contribution in small and medium enterprises (henceforth referred to as SME) sector has received little attention. There have been some studies that focused on CSR activities in SME sector quantitatively in the context of developing economies like Pakistan, but the fact is, to date, SME sector of Pakistan is not participating actively in CSR-related activities due to some constraints. The present study is a pioneer attempt, to explore CSR barriers that restrict SME sector of Pakistan from practicing CSR initiatives. For this reason, the present study explores these barriers qualitatively in order to gain in-depth knowledge of different CSR barriers. In doing so, we conducted semi-structured in-depth interviews from 9 SMEs in Lahore city of Pakistan. We performed thematic analysis, which produced five relevant themes of CSR barriers, including: Lack of resources, lack of regulations, lack of top management commitment, lack of CSR knowledge, and passive customer behavior. Our analysis further showed that lack of resources is the most related barrier that hinder SMEs to be engaged in CSR activities. This paper contributes to CSR literature in emerging economies’ context. Through an increased awareness of barriers, policy makers and practitioners may take necessary steps to improve CSR practices in SMEs.

scholarly journals Small but Stylish: Pushing Innovation Ambidexterity in International Small and Medium Enterprises

2020 ◽  
Vol 6 (2) ◽  
pp. 54
Author(s):  
Faizah Mashahadi ◽  
Noor Hazlina Ahmad
Keyword(s):  
Conceptual Model ◽  
Entrepreneurial Orientation ◽  
Industrial Revolution ◽  
Small And Medium Enterprises ◽  
Critical Role ◽  
Innovation Activity ◽  
The Core ◽  
Enhance Efficiency ◽  
Medium Enterprises

Small and Medium Enterprises (SMEs) have been the core agents in accelerating growth and providing jobs opportunities for the nation. Indeed, with industrial revolution rapidly evolving, there is a stronger exigency for SMEs to explore new opportunities aims to enhance efficiency so that SMEs able to compete and grow internationally. Recent development has heightened the need for SMEs to involve in innovation activity as the means to improve competitiveness and sustaining performance becoming a reality. Many studies emphasize on the critical role of innovation ambidexterity in determining SMEs success but the existing studies yet to conclude the predecessor of innovation ambidexterity in internationally operated SMEs. This article aims to provide a conceptual model that explores the potential of international entrepreneurial orientation in determining innovation ambidexterity in international SMEs in Malaysia.

scholarly journals The Role of Islamic Crowdfunding Mechanisms in Business and Business Development

2019 ◽  
Vol 4 (1) ◽  
pp. 10-23
Author(s):  
Achsania Hendratmi ◽  
Puji Sucia Sukmaningrum ◽  
Muhamad Nafik Hadi Ryandono ◽  
Tri Ratnasari
Keyword(s):  
Small And Medium Enterprises ◽  
Jel Classification ◽  
Business Development ◽  
Muslim Countries ◽  
Start Up ◽  
Population Type ◽  
Medium Enterprises ◽  
Depth Interviews

Objective - This study aims to determine the role of Islamic crowdfunding towards business development of start-up businesses financed in Singapore, Malaysia and Indonesia. Methodology/Technique - This study uses a qualitative approach with an exploratory case study strategy. The data collection was carried out by conducting in-depth interviews with CEOs and COOs of Kapital Boost and CEO Investee (funded SMEs) informants. Findings - The results show that there is an increase in assets, sales turnover, and the capacity of Micro, Small and Medium Enterprises (MSMEs) and Startup businesses that received funding through campaigns on the Kapital Boost platform. In addition, pioneering business people can get easier access to financing compared to financing through bank-provided credit. Novelty - The findings of this paper can be used to develop crowdfunding platform will be implemented in Muslim countries or countries with a majority Muslim population. Type of Paper: Empirical. Keywords: Crowdfunding Platforms; Islamic Crowdfunding; Business Development; MSMEs; Start-up Companies. JEL Classification: E44, M21, M29. DOI: https://doi.org/10.35609/jber.2019.4.1(2)

Entrepreneurial Orientation and Dynamic Capabilities

2019 ◽  
pp. 69-101
Author(s):  
Ana Sofia Coelho ◽  
Ana Lisboa ◽  
José Carlos M. R. Pinho
Keyword(s):  
Product Development ◽  
Entrepreneurial Orientation ◽  
Global Economy ◽  
Qualitative Method ◽  
Dynamic Capabilities ◽  
Small And Medium Enterprises ◽  
Medium Enterprises ◽  
Critical Resources

Currently, small and medium enterprises that are family businesses (SMEFs) assume an important role in the global economy. Further, innovation and flexibility became vital to firms' survival and prosperity in the market during these volatile times. Firms should not only possess critical resources, but also be able to recombine them. Characterized by resource restrictions, SMEFs can rely on dynamic capabilities to access resources and be competitive in the market. In this regard, networking capabilities (NC) and resource combinations (RC) such as exploitative and explorative product development and on market-related capabilities emerge as key dynamic capabilities. This chapter examines the role of Entrepreneurial Orientation (EO) on NC and RC. Using a qualitative method of in-depth case study, the chapter analyzes 12 Portuguese SMEFs.

The nexus between entrepreneurial orientation and performance: enabling roles of absorptive capacity

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ismail Raisal ◽  
Arun Kumar Tarofder ◽  
Aboobucker Ilmudeen
Keyword(s):  
Absorptive Capacity ◽  
Entrepreneurial Orientation ◽  
Structural Equation ◽  
Positive Impact ◽  
Small And Medium Enterprises ◽  
Equation Modeling ◽  
Content Type ◽  
Mediating Role ◽  
Medium Enterprises

PurposeDeveloping countries’ economic growth very much depend on the successful performance of entrepreneurial-oriented firms. Entrepreneurial orientation (EO) is a valuable conjecturer of firm success. This study mainly focuses on analyzing the effect of EO on the firm performance (FP) with the mediating role of absorptive capacity (ACAP).Design/methodology/approachTo test the hypothetical model, we collected 226 valid responses from senior managers of small and medium enterprises (SMEs). The structural equation modeling technique is performed and research hypotheses are validated.FindingsThe findings show that the strong causal relations exit between EO, ACAP and FP. In brief, EO was found to be a predictor of ACAP, and ACAP has a strong positive impact on FP. Moreover, ACAP substantiated to be a mediator between EO and FP.Research limitations/implicationsA notable ramification of this finding is that for SMEs to enhance their performance via EO, the presence of ACAP as a mediator is essential.Practical implicationsThe findings of this study can be used as a basis to consider EO to increase firms' level of ACAP and to enhance FP. As a whole, the findings offer pragmatic insights for SMEs and pertinent stakeholders.Originality/valueSo far, little is known about the interrelationship between EO, ACAP and FP. Importantly, the mediating role of ACAP between EO and FP has remained unexplored. This study fills this gap in the existing literature.

scholarly journals Disentangling the relationship between entrepreneurial orientation, organizational learning and small and medium enterprises performance

2016 ◽  
Vol 6 (2) ◽  
pp. 167-175
Author(s):  
Ramatu Abdulkareem Abubakar
Keyword(s):  
Organizational Learning ◽  
Survey Data ◽  
Entrepreneurial Orientation ◽  
Small And Medium Enterprises ◽  
Mediating Role ◽  
Medium Enterprises ◽  
The Relationship

While a considerable amount of research has consistently established significant positive relations between entrepreneurial orientation and small and medium enterprises’ performance, there is a paucity of research examining the fundamental processes behind this relationship. To address this theoretical gap in the literature, this study examined the mediating role of organizational learning in the relationship between entrepreneurial orientation and SME performance. Based on survey data collected from 193 SMEs, located in Kano metropolis, findings suggested that entrepreneurial orientation was significantly associated with SME performance. Furthermore, the results indicated that the relationship between entrepreneurial orientation and SME performance was mediated by organizational learning. The implications of the results for explaining the performance of SMEs are discussed.

scholarly journals KAJIAN PERANAN ORIENTASI WIRAUSAHA DAN INOVASI PRODUK TERHADAP KEBERHASILAN USAHA UMKM DI KOTA MALANG

2019 ◽  
Vol 13 (1) ◽  
pp. 49
Author(s):  
Ita Rifiani Permatasari ◽  
Ayu Sulasari
Keyword(s):  
Young People ◽  
Entrepreneurial Orientation ◽  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Business Success ◽  
The Subject ◽  
Quantitative Descriptive ◽  
Medium Enterprises ◽  
Research Analysis

This study aims to examine descriptively the role of factors in business success, namely the Entrepreneurial Orientation and Product Innovation variables for Business Success, with the subject of Micro, Small and Medium Enterprises (UMKM) focusing on the culinary field in Malang. This study involved 100 UMKM engaged in the Culinary field in Malang. Research analysis using quantitative descriptive methods, to analyze the role of the Entrepreneurial Orientation and Product Innovation variables on business success. The results showed that the majority of Culinary UMKM owners were young people, with a maximum age of 35 years totaling 66 people (66%), with high school education, 99 people as a graduate or 99%, meaning that young people with higher education had no doubt. choose to become an entrepreneur as a choice of profession. The description of the entrepreneurial orientation illustrates that most of the culinary UMKM, already have a good entrepreneurial orientation. The results of the assessment of product innovation variables illustrate that culinary UMKM do have a good understanding of the importance of product innovation. The assessment results of business success illustrate that the majority of culinary UMKM entrepreneurs believe that the ongoing business already has quite high success.

scholarly journals Does Environmental Uncertainty Affect Entrepreneurs’ Orientation and Performance? Empirical Evidence from Indonesian SMEs

2012 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Rina Herani ◽  
Otto Andersen
Keyword(s):  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Critical Role ◽  
Environmental Uncertainty ◽  
Uncertain Environments ◽  
Uncertain Environment ◽  
And Performance ◽  
Medium Enterprises

Small and medium enterprises (SMEs) have a critical role in economic growth in Indonesia and become the backbone for job creation, poverty alleviation, and safeguard during the crisis. However, they are highly exposed to uncertain environments. The present study aimed to investigate the influence of SMEs’ entrepreneurial orientation on business performance when uncertain environments exist. A total of 152 Indonesian SMEs were studied in order to assess this relationship. Moderated regression analysis is performed as the main statistical procedures to analyse the moderating role of environmental uncertainty on the influence of entrepreneurial orientation on business performance. Surprisingly, the result of the present study did not confirm the previous predominant studies which found that entrepreneurialorientation dimensions are positively associated with business performance in growing in an uncertain environment. Indonesian entrepreneurs were reluctant to innovate, be proactive, and take risks when an uncertain environment exists. The present study was an endeavour to provide better insight in explaining the inconsistent and ambiguous findings from existing literature.

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