scholarly journals Sustainability of SMEs in the Competition: A Systemic Review on Technological Challenges and SME Performance

2019 ◽  
Vol 5 (4) ◽  
pp. 100 ◽  
Author(s):  
RPIR Prasanna ◽  
JMSB Jayasundara ◽  
Sisira Kumara Naradda Gamage ◽  
EMS Ekanayake ◽  
PSK Rajapakshe ◽  
...  
Keyword(s):  
Technological Progress ◽  
New Technologies ◽  
Driving Forces ◽  
Small And Medium Enterprises ◽  
Systemic Review ◽  
Global Challenge ◽  
Technological Adaptation ◽  
Globalized Economy ◽  
Technological Challenge ◽  
Medium Enterprises

In the era of economic globalization, small and medium enterprises (SMEs) are recognized as an engine of sustainable economic development in both the developed and developing world. In literature, three competitive challenges—the sustainability challenge, the global challenge and the technological challenge—faced by industrial entities in the current globalized economy, are categorized. Of them, this paper undertakes a systemic review of the literature covering the theme of SMEs and technology in order to identify how technological progress in the SMEs, correlates with SMEs survival improvement in the global competition. The review identified six driving forces—social capital, link with Multi-National Corporations (MNCs) and Transnational Corporations (TNCs), innovation, sharing and networking, information technology, and adoption of productivity-enhancing technology—influencing technological upgrade in the SMEs. The review also identified two conditions for successful technological adaptation in the SME sector—availability of technologically skillful workforce in the economy, and identification of opportunities of new technologies in the competition. These conditions could be viewed in the macro environment and emphasize the need for the economies’ readiness towards SMEs’ success.

scholarly journals Influence of Information Technologies on the Company’s Competitive Advantage on the Market in Conditions of the Global Crisis

2018 ◽  
Vol 14 (2) ◽  
Author(s):  
Nataša Đalić ◽  
Mina Paunović
Keyword(s):  
Competitive Advantage ◽  
Technological Progress ◽  
Information Technologies ◽  
Small And Medium Enterprises ◽  
Research Work ◽  
Quality Cost ◽  
Global Crisis ◽  
Crisis Conditions ◽  
Medium Enterprises ◽  
Republika Srpska

In the recent decades, there has been recorded a great expansion in the computing and communication field and all the predictions are pointing to the further technological progress when using information technologies (IT) in the companies’ business. The appearance of IT in business offers certain advantages, has an influence on the business quality, cost control and also on achieving and maintaining competitive advantage of companies in conditions of the global crisis. The research was carried out on the teritory of Republika Srpska, on the sample of 136 small and medium enterprises. The key goal of this research work was to analyze the existing effects of IT at the level of competitive advantage of companies on the market in the global crisis conditions. The research results confirmed a big importance of IT in the company business for the purpose of achieving and maintaining competitive advantage on the market in conditions of the global crisis.

Interactive Multimedia MUSICNETWORK

2011 ◽  
pp. 1-11
Author(s):  
Kia Ng ◽  
Paolo Nesi
Keyword(s):  
Interactive Multimedia ◽  
New Technologies ◽  
Small And Medium Enterprises ◽  
International Association ◽  
Research Institutions ◽  
Related Research ◽  
Research Areas ◽  
Centre Of Excellence ◽  
Multimedia Technologies ◽  
Medium Enterprises

The MUSICNETWORK project was co-supported by the European Commission to bring music industry and related research areas into the interactive multimedia era. It represented a virtual Centre of Excellence during the period of the project and today an international association where music content providers, cultural institutions, industry, and research institutions work together, drawing on their collective assets and mutual interests, to exploit the potential of multimedia music contents with new technologies, tools, products, formats and models. Due to large gaps between needs and real products and solutions, many products in the market fail to exploit the potential of new multimedia technologies effectively. MUSICNETWORK helps research solutions to reach the market by seeking agreements between different actors and formats, by bringing together research institutions, industries, Small and Medium Enterprises (SMEs), and experts to build the required momentum to study and define multimedia music modelling and coding for the new age. MUSICNETWORK activities, actions and services are provided through the project website which can be found online at http://www.interactivemusicnetwork.org.

scholarly journals Research on the Application of E-commerce to Small and Medium Enterprises (SMEs): the Case of India

2019 ◽  
Vol 9 (3) ◽  
pp. 102
Author(s):  
Nguyen Xuan Trung ◽  
Dang Thai Binh ◽  
Dang Thi Thuy ◽  
Dong Thi Thuy Linh
Keyword(s):  
New Technologies ◽  
Small And Medium Enterprises ◽  
Digital Technologies ◽  
Business Environment ◽  
Indian Government ◽  
Role Of Government ◽  
The World ◽  
Fierce Competition ◽  
Medium Enterprises

SMEs account for a large propotion and play an important role in the development of each country in the world, including India. The globalization will bring many advantages for enterprises however SMEs will face fierce competition at the local, national and international level. In order to maintain and promote the important role of SMEs in the context of increased competition, SMEs have to change and adopt new technologies. E-commerce and digital technologies are bringing opportunities to help SMEs improve their competitiveness, narrow the gap with big enterprises thanks to their fairness and flexibility of the digital business environment. According to UNIDO (2017), India is one of the countries successfully applying e-commerce to SMEs. Contributing to this success is the important role of the Indian government. Therefore, this paper focuses on researching the application of e-commerce to SMEs in terms of the role of government in promoting and creating ecosystem for SMEs and e-commerce development.

scholarly journals Directions of activation of investment activity of small and medium enterprises of the agricultural sector

2021 ◽  
Vol 12 (1) ◽  
Author(s):  
Lidiia Shynkaruk ◽  
◽  
Kateryna Alekseieva ◽  
Olha Tsokol ◽  
◽  
...  
Keyword(s):  
Agricultural Sector ◽  
New Technologies ◽  
Small And Medium Enterprises ◽  
Public Programs ◽  
Investment Activity ◽  
Agrarian Sector ◽  
Modern Economic ◽  
The Government ◽  
Medium Enterprises

The article substantiates the directions of investment activity of the small and medium enterprises of the agrarian sector of Ukraine. The role of the small and medium sized enterprises is well-grounded in modern economic conditions and the need to intensify their investment activities is shown. The current situation with the development of such enterprises is analyzed and the specific measures to stimulate the investment activity are indicated. It is proved that the investment activity of small and medium-sized agrarian enterprises should be intensified. It is obvious that the large agrarian enterprises possess more abilities in attracting investments in particular in implementing the new technologies. However, these are the small and medium sized agrarian enterprises able to reach both economic and social goals and serve as an elevator for the youth in the villages. Also the food security function is implemented by the small and medium-sized agrarian enterprises. The analysis of the data on the development of small and medium-sized agrarian enterprises in Ukraine shows the importance of them for the economic growth and the development of the national economy. Their development was unfortunately negatively affected by the fast spread of the corona virus in the world and the following quarantine restrictions. The data on the development of small and medium agrarian enterprises in Ukraine and in Germany has been presented in order to compare and to use the positive German experience in domestic conditions. In current conditions it is necessary to implement urgent measures to support the small and medium enterprises, i.e. to reduce the tax burden, to provide access to markets, in particular by stimulating the export activities of small and medium enterprises, to increase the level of digitalization of them. Presently there are public programs for support of the small and medium agrarian enterprises introduced by the Government. If these measures prove to be effective there are positive anticipations concerning the renewal and intensification of the development of small and medium enterprises in Ukraine.

E-Commerce Training with Virtual Commerce Simulation

2011 ◽  
Vol 3 (2) ◽  
pp. 20-26
Author(s):  
Alper Özpinar ◽  
Erdem Yavuz
Keyword(s):  
New Technologies ◽  
Size Structure ◽  
Small And Medium Enterprises ◽  
Electronic Systems ◽  
Online Simulation ◽  
E Learning ◽  
Digital Money ◽  
Electronic Marketing ◽  
Medium Enterprises ◽  
And Training

Over the last decade, commerce has experienced several major revolutions in size, structure, and competition. The importance of small and medium enterprises (SMEs) has become more important within this market structure. Electronic Commerce, commonly known as electronic marketing or e-commerce that consists of the buying and selling of products or services over electronic systems, is more profitable and affordable than ever before. However, few SMEs have been taking advantage of e-commerce due to the lack of education and training in new technologies. This paper presents the case study of e-commerce training for SME’s with the aid of classical classroom training and “Virtual Commerce,” an online commerce game. In Virtual Commerce, every participant owns a company and a certain amount of digital money. They can act as a consumer that purchase from other participant sites and as a supplier for the others. Market conditions, discount rates, and requirements are set by the system operators. This methodology and training has applied to 30 SME’s from different sectors. The aim of the project is to lower the costs for the SME’s e-commerce training through e-learning and to improve participants’ abilities with online simulation.

scholarly journals THE INTERNATIONALIZATION OF SMALL AND MEDIUM ENTERPRISES AND HUMAN CAPITAL / MAŽŲ IR VIDUTINIŲ ĮMONIŲ INTERNACIONALIZACIJA IR ŽMOGIŠKASIS KAPITALAS

2015 ◽  
Vol 7 (2) ◽  
pp. 157-162 ◽  
Author(s):  
Laura Godelytė ◽  
Renata Korsakiene
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
New Technologies ◽  
Scientific Literature ◽  
Small And Medium Enterprises ◽  
Analysis And Synthesis ◽  
Medium Enterprises ◽  
The Impact

Small and medium enterprises (SME’s) are generally recognised as a factor, which influences economic growth and impacting competitiveness of country. In the context of globalization the impact of internationalization of SME’s is increasing and determines development of new technologies. The internationalization of SME’s is determined to a large extent by the human capital of entrepreneurs/managers. The aim of this article is to analyse and summarise elements of human capital, that are discussed in scientific literature and to distinguish the most important for SME’s internationalization. The research is based on the evaluation of human capital in scientific literature and analysis and synthesis of questions of SME’s internationalization. Mažos ir vidutinės įmonės yra visuotinai pripažįstamos kaip ekonominį augimą lemiantis veiksnys, turintis poveikį šalies konkurencingumo didinimui. Globalizacijos kontekste didėja MVĮ internacionalizacijos vaidmuo, lemiantis naujų technologijų plėtojimą. MVĮ internacionalizaciją stipriai įtakoja savininkų / vadovų turimas žmogiškasis kapitalas. Šiame straipsnyje siekiama išanalizuoti ir apibendrinti mokslinėje literatūroje aptinkamus žmogiškojo kapitalo elementus bei išskirti svarbiausius MVĮ internacionalizacijai. Atliktas tyrimas yra pagrįstas mokslinės literatūros žmogiškojo kapitalo vertinimo ir MVĮ internacionalizacijos klausimais analize bei sinteze.

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

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