scholarly journals Attitudes About the Economic Impact of the COVID-19 Lockdown in the Republic of Croatia on Micro, Small and Medium Enterprises

2021 ◽  
Vol 1 (1) ◽  
pp. 22-33
Author(s):  
Ivana Sataic

SARS-CoV-2 is a novel virus in the coronavirus family that affect humans which causes COVID-19 disease. It was first detected in the town Wuhan in China at the end of 2019 and later spread all over the world. The first COVID-19 case in Croatia was detected on February 25th, 2020. Less than a month later, on March 16th, 2020, the Government of the Republic of Croatia declared a lockdown due to the rapid spread of SARS-CoV-2 virus in Europe, especially in the neighbouring Italy, as well as the increase of the number of patients in the Republic of Croatia. During the lockdown all business activities, except grocery stores, were closed and the economy slowed. On March 17th, 2020, the Government announced relief measures to support the economy in coping with COVID-19 epidemic, that include interventional procurement of critically important medical and sanitary equipment, delays in tax payments, purchasing of surpluses of potentially threatened business such as agricultural or industrial goods, measures to support tourism activities, as well as rationalization of public spending without measures for healthcare and social services. From April 27th to May 11th, 2020 the social and economic activity gradually started again. This research discusses how Croatian SMEs have been affected by the COVID-19 epidemic lockdown and answers some of the most important questions about the resilience of Croatian SMEs during the COVID-19 outbreak.

2015 ◽  
Vol 21 (4) ◽  
pp. 984-988 ◽  
Author(s):  
Andreas Chang ◽  
Ishak Ismail ◽  
Nabsiah Abdul Wahid

The aim of this conceptual paper is to investigate the social media adoption by Indonesian small and medium enterprises (SME) managers. The proliferation of social media has changed the way enterprises market their products or services. A review of the literature shows there is lack of research investigating the adoption that systematically uses one theoretical model; and later putting the model in the context of the Small and Medium Enterprises in Indonesia. Most research on Social Media adoption by Small and Medium Enterprises used either technological acceptance models, or examined the characteristics of the enterprise. Both UTAUT (The Unified Theory of Acceptance and Use of Technology) and UTAUT2 have shown inconsistent results. This paper proposes a new model by decomposing the social influence with normative, coercive and mimetic pressures. In the proposed model, subjective norm is decomposed into normative pressure of employees, coercive pressure of customers and mimetic pressure of competitors. The framework contributes to the knowledge in the field of consumer behavior and technology acceptance research, by decomposing the construct of social influence. Secondly, and it tested the manager's characteristics of habit, age, gender and also the experience. It not only merely tested as moderators but also as a predictor of behavioral intention. The results of this study are also expected to benefit entrepreneurs and the government of the Republic of Indonesia in terms of assisting entrepreneurs to be more effective.


Jurnal INFORM ◽  
2017 ◽  
Vol 2 (2) ◽  
Author(s):  
Ketut Queena Fedlina ◽  
Rita Dwi Susiowati ◽  
Bagus Putu Wahyu Nirmala

The growth of cooperatives in Indonesia today is very fast, especially the growth of cooperatives in Bali. Based on data from the Department of Cooperatives, Micro, Small and Medium Bali Province the number of cooperatives in bali per June 30, 2016 as many as 4934, this is certainly a positive picture for the growth of cooperatives. The development of micro-credit activities undertaken cooperative is also growing very rapidly, but this is not matched by the quality of the performance of the cooperative itself. These conditions encourage the government oversight of credit unions and savings and loans by issuing a decision on guidelines for the rating of the cooperative based on Regulation Supervision Deputy Ministry of Cooperatives and Small and Medium Enterprises of the Republic of Indonesia Number 01 / Per / Dep.6 / IV / 2016. The process of calculating the cooperative health assessment has now been made but there is still a conventional manner using Microsoft Excel so that experienced problems in the calculation and delivery of information on the results. Supervision of the cooperative in question is difficult because the delay of information and the lack of technology used. Computerized system and geographic information system support can be used to assist in the process of assessment of the level of health and also facilitate cooperative Cooperative Agency in monitoring the cooperative in question.


2018 ◽  
Vol 13 (23) ◽  
pp. 49
Author(s):  
Саша Вученовић ◽  
Драган Миловановић ◽  
Милан Граховац

Резиме: Конкурентност привреде подразумијева њену зарађивачку способност у односу на друге привреде у истој или другим земљама, односно њену способност привлачења инвестиција и прилагођавања друштвено-економским условима. У раду је дата анализа финансијске конкурентности привреде Републике Српске, по сегментима, малих, средњих и великих предузећа. С тим у вези, анализирали смо билансе стања и билансе успјеха предузећа привреде Републике Српске на бази података Агенције за посредничке, информатичке и финансијске услуге Републике Српске за период 2012-2013. година. Стога,, главни проблем истраживања гласи: „Колика је и каква финансијска конкурентност привреде Републике Српске?” Основни циљ рада је анализирати позицију предузећа Републике Српске према различитим показатељима финансијске конкурентности. У малим и средњим предузећима Републике Српске у периоду 2012−2013. година дошло је до раста капитала и смањења укупних обавеза, односно до побољшања финансијског положаја малих и средњих предузећа Републике Српске. С друге стране, у великим предузећима Републике Српске у периоду 2012-2013. година, дошло је до смањења капитала и повећања укупних обавеза, односно до погоршања финансијског положаја великих предузећа Републике Српске.Summary: The competitiveness of the economy including its earning capacity relative to other economies in the same or other countries, and its ability to attract investments and adjusting to the social and economic conditions. The paper presents an analysis of financial competitiveness of economy of the Republic of Srpska, by segment, of small, medium and large enterprises. In this regard, we have analysed the balance sheets and income statements of companies of the Republic of Srpska economy on the basis of data of the Agency for Intermediary, IT and financial services of the Republic of Srpska for the period 2012 to 2013. year. In this connection, the main problem of research as follows: „How much and what kind of financial competitiveness of the Republic of Srpska?” The main goal of this paper is to analyse the position of the Republic of Srpska companies according to various indicators of financial competitiveness. In small and medium enterprises of the Republic of Srpska in the period 2012-2013 . years there has been a growth of capital and reduction of total liabilities, or to improve the financial situation of small and medium enterprises of the Republic of Srpska. On the other side of the large enterprises of the Republic of Srpska in the period 2012-2013. years there was a reduction of capital and increase in total liabilities, or the deterioration of the financial position of large enterprises of the Republic of Srpska.


2014 ◽  
Vol 4 (1) ◽  
pp. 109
Author(s):  
MSc. Muhamet Hashani ◽  
Dr.Sc. Myrvete Badivuku-Pantina

A good business environment means a catalyst for small and medium enterprises, a good business environment facilitates development and sustainability of small and medium enterprises. The development of micro, small and medium enterprises (MSME) is very important to the economic development of a country, and intentionally, MSMEs are considered to be amongst the most efficient instruments for economies in transition, because of their production of sustainable economic growth, employment and poverty reduction.Small and medium enterprises are a generator of new products and technologies; they are are a source of new ideas and advanced strategies of management. Development and sustainability of small and medium enterprises depends on the business environment, which implies a series of social, legal, economic, political or institutional conditions, which are uncontrollable in nature, and affect the organizations’ functions.This study addresses the baseline documents which were taken into consideration by the Government of the Republic of Kosovo in developing economic policies, thereby analysing their advantages and disadvantages. By analysing reports, statistics on MSMEs and other documents, and further complementing the study by a research section (business survey), this paper aims at identifying the key problems faced by the MSMEs in Kosovo, and provide adequate recommendations which may be of service in resolving such problems, but also resulting into a better business environment, and economic development in general.


2021 ◽  
Vol 15 (2) ◽  
pp. 113-115
Author(s):  
Səbinə Eldəniz qızı Şirinova ◽  

This article accounts for the idenfication of perspectives of the enhancement of the social law regarding the social assistance payments. Enhacing citizens' social welfare, creating the environment for the fulfillment of their material and spiritual needs and solving the issues related to the social security are the priorities of the social policy of the Republic of Azerbaijan. Over the recent years the successful uptrend of development has been maintained in all directions, the application of all social programmes, enhancement of citizens' social security, involving socially sensitive groups of citizens in the social care of the government, the security of their labor rights, the arrangement of active employment events and dedicated acts in other fields, pension and social distribution, the reforms regarding the enhancement of medical-social examination systems have been proceeded successfully. In this regard, we consider that some changes to the legislative statements regarding the social assistance payments should be done. As social assistance payments have a dynamic nature, regular enhancements on the legislative statements should be done. Key words: social services, enforcement of citizen's social welfare, social assistance payments, the perspectives of enhancing the law regarding social assistance payments


Author(s):  
Yoseob Heo ◽  
Jungjoon Kim ◽  
Jongseok Kang

There have been many discussions on the globalisation of SMEs, but it is true that there is not enough academic achievement after such the study of Born global (BG) ventures. The internationalisation of SMEs (Small and Medium Enterprises) is not easy because they lack resources or capabilities compared to multinational corporations. This study investigated the role of government in assisting the internationalisation of SMEs. In particular, SMEs lacked the ability to acquire market-oriented information, so we’ve established the scheme of efficient information support system for the internationalisation of SMEs. In other words, we proposed an information analysis system through the establishment of a relational database constructed for market-oriented information support. KISTI (Korea Institute of Science and Technology Information), which is one of the government-funded research institutes in the Republic of Korea, provided information support to the SMEs dealing with hydrazine related products. This study suggests this case for the market-oriented information support of the government in the internationalisation of SMEs. The research on information support of the government is meaningful in that it suggests a way to support SMEs in practical level.


2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Moch Rozzaq ◽  
Agus Widiyarta

In order to reduce the impact of the sustainability of MSMEs due to the Covid-19 pandemic, the government issued a BPUM (Assistance for Micro Business Players) policy. This policy is stated in the Regulation of the Minister of Cooperatives, Small and Medium Enterprises of the Republic of Indonesia number 6 of 2020 concerning BPUM and BPUM Implementation Guidelines number 98 of 2020. The purpose of this research is to determine the implementation of BPUM in the Gubeng District of Surabaya City. The theory used in this research is the implementation model theory by Edward III. The type of research used is descriptive qualitative. The results of this study indicate that: (1) Communication has been implemented even though the socialization has not been carried out massively; (2) Resources are well implemented; (3) The disposition has been implemented even though the employee response is not optimal; (4) The Bureaucratic Structure has been implemented in accordance with the Standard Operating Procedures (SOP) applicable to BPUM. 


Author(s):  
Inaryu Melly Triyani Widodo ◽  
Bambang Sugeng Dwiyanto

Since 2006 the government of the Republic of Indonesia has awarded to cooperatives achievement. This study is a description of which is an analysis by taking a cooperative object "Primkoppol Resort Gunungkidul". The purpose of analysis is to determine whether the cooperative has met the criteria of cooperative achievement in 2012-2014 reviewed according to the Regulation of the Minister of Cooperatives, Small and Medium Enterprises in 2006 on Guidelines for Assessment of Cooperative Achievement/Cooperative Award. The analysis shows that "Primkoppol Resort Gunungkidul" cooperative in the period 2012-2014 includes performance categories good / fairly good because of the four aspects assessed scored 70.5 in 2012 and 69 respectively for 2013 and 2014. However, since there are still some elements of sub aspects are worth 0 (return on equity, net profit margin, curent ratio, accounts receivable turnover and employment) it can not be categorized based on the achievement of cooperative Ministerial Regulation No.06/Per/M.KUKM/V/2006, dated May 1, 2006


2020 ◽  
Vol 2 (2) ◽  
pp. 152-158
Author(s):  
Notika Rahmi ◽  
Chairil Anwar Pohan ◽  
Pebriana Arimbhi ◽  
M Mansur ◽  
Zulkifli Zulkifli

The existence of Micro, Small and Medium Enterprises (MSMEs) can no longer be doubted because they are proven to be able to survive and become the economic cogs. In 2011 MSMEs were able to contribute significantly to state revenue by contributing 61,9 percent of gross domestic product (GDP) revenue through tax payments. But the development of MSMEs in Indonesia is still very weak, one of the problems faced is human resources. MSMEs require targeted empowerment, guidance and development to be able to compete with large-scale companies. From the tax sector, the government has made special rules to facilitate MSMEs business people in their tax payments, namely through PP Number 23 of 2018. And furthermore it is expected that MSMEs business players can increase the level of making simple accounting which will help to tidy the administration of their businesses. In this case, we help MSMEs businesses to improve their capability and understanding in accounting and the new Tax Regulation (PP no.23/2018). This activity was attended by 51 MSMEs business people in the city of Depok. After attending the training, participants were given the opportunity to ask questions and consult. The results of the training and mentoring show an increase in knowledge about simple accounting that can be made by the participants themselves and participants become aware of the new taxation rules namely PP No.23 of 2018 as well as raising awareness about the importance of paying taxes.


2019 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Mumuh M. Rozi

The recent growth of minimarkets in Cianjur Regency, is considered to have indirectly threatened and paralyzed, traditional traders. Therefore, the regional government of Cianjur Regency was asked to think about the fate of small traders who could lose their livelihoods due to being run over by large companies. The government is required to review the issuance of permits for the establishment of these minimarkets. Shopping Malls and Modern Stores. The research objective was to determine the impact of the establishment of a mini-market on the climate of small and micro businesses and the policies of the Cianjur Regency Government in creating a healthy business climate. Legal protection for small or micro businesses for the presence of Minimarket in Cianjur Regency. The research method of normative juridical research is research that is focused on examining the application of the norms or norms in positive law which is carried out by examining various legal rules. The results of this research show that the franchise policy limitation is in accordance with the policy objectives, but the results of this policy cannot directly have a major impact on the business activities of grocery stores and traditional shops. This is also caused by external factors beyond the influence of the policy itself, namely the taste and tendency of consumers to prefer shopping at minimarkets rather than at grocery stores or traditional stalls. Meanwhile, from the internal side, the UMKM itself is less touched by the existence of this regulation, namely regarding the empowerment of MSMEs and growing and increasing the capacity of MSMEs to become strong and independent businesses. Keywords: Business Competition, Minimarket, Micro, Small and Medium Enterprises.


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