scholarly journals Impact of Micro Finance Institutes (MFI’s) on the Growth of Small and Medium Enterprises (SMEs) in Khyber Pakhtunkhwa

2021 ◽  
Vol 5 (1) ◽  
pp. 195-214
Author(s):  
SYED UZAIR ◽  
DR. FAHAD KHAN AFRIDI ◽  
DR. MUHAMMAD ADIL
Keyword(s):  
Small And Medium Enterprises ◽  
New Ventures ◽  
Political Stability ◽  
Positive Role ◽  
Khyber Pakhtunkhwa ◽  
Microfinance Institution ◽  
New Ideas ◽  
Medium Enterprises ◽  
Support Fund ◽  
Domestic Level

Economic stability is very necessary for the development of economy a country. For this purpose industrialization plays a positive role in fulfilling this achievement. The trend of borrowing from Micro Finance Institutions increases day by day as business activities takes place. Also from political stability Foreign Direct Investment takes place resulting in boosting and competitive environment for domestic investors. MFIs serving in all cities of Pakistan focus on enhancing business activities on domestic level. Each and every bank has its own microfinance institution departments focusing mainly on fulfilling the access to finance through some easy steps for starting new ventures. From past some years Pakistan is facing a lot different situations in country like Political Instability, Terrorism and Unemployment. Now in this situation there is lack of foreign investment in our country. Meanwhile, Domestic Level Small & Medium Enterprises faces a lot of challenges while financing their own SMEs. State bank of Pakistan introduces Business Support Fund through which every bank has to facilitate investors with loans to increase new ventures startup which in turns can help out the economy. Trend of MFIs and SMEs had increase in Khyber Pakhtunkhwa as well like Faisalabad, Karachi and Lahore so do demand for credit investment increases resulting in MFIs with new ideas and proposals.

scholarly journals The nature of crowdfunding in China: initial evidence

2018 ◽  
Vol 12 (3) ◽  
pp. 300-322 ◽  
Author(s):  
Zaiyu Huang ◽  
Candy Lim Chiu ◽  
Sha Mo ◽  
Rob Marjerison
Keyword(s):  
Risk Sharing ◽  
Small And Medium Enterprises ◽  
New Ventures ◽  
Public And Private ◽  
Content Type ◽  
Regulatory Frameworks ◽  
Short Period ◽  
Key Issues ◽  
Using Data ◽  
Medium Enterprises

Purpose The purpose of this paper is to develop initial evidence about the nature and features of crowdfunding in China, given it is largely unregulated regulatory frameworks. Design/methodology/approach The paper used extensive desk research using data collected from the public and private sectors, after which the data was analyzed parallel to existing academic literature, that is, institutional context by Bruton et al. (2014). This paper uncovered patterns of development, profiling crowdfunding platforms, examining the regulatory landscape and providing antecedents of successful crowdfunding projects in China. Findings When the traditional financial markets are hard to reach, micro, small and medium enterprises (MSMEs) were starved for capital. Crowdfunding can play a major role in funding and risk sharing. It is an innovative and dynamic vehicle for MSMEs as well as enthusiastic investors in China. Since its initial introduction to China in 2009, crowdfunding has gained substantial popularity in a relatively short period. Currently, there is still not an identifiable guideline on how to delineate the significance of the crowdfunding platform. The development of crowdfunding in China faces a few unresolved key issues. As researchers exploring this phenomenon in new ways, crowdfunding platforms can be enhanced in a manner that benefits the capital seeker, investors and society as a whole. Originality/value There is a dearth of information on start-up crowdfunding in Asia. With little data available to analyze, so this paper hopes to contribute to knowledge and provide valuable information to researchers and industry representations. Crowdfunding represents a potentially disruptive change in the way that new ventures are funded. This paper represents an initial analysis in the study of new ventures in China. Finally, the authors provide recommendations for entrepreneurs, investors and policymakers as well as researchers and practitioners with suggestions about yet unexplored avenues of research.

Contributions of Entrepreneurial Orientation to Competitive Advantage

2021 ◽  
pp. 438-451
Author(s):  
Orlando Manuel Martins Marques Lima Rua
Keyword(s):  
Competitive Advantage ◽  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Small And Medium Enterprises ◽  
Methodological Approach ◽  
Structural Equations ◽  
New Ideas ◽  
Medium Enterprises ◽  
Structural Equations Model ◽  
The Relationship

The main objective of this chapter is to analyze the relationship between entrepreneurial orientation and competitive advantage on Portuguese exporting textiles small and medium enterprises (SMEs). Therefore, a quantitative methodological approach was used, conducting a descriptive, exploratory, and transversal empirical study, having applied a questionnaire to a sample of Portuguese SMEs, associated of the Portuguese textile association (ATP). The structural equations model was used for this purpose, using the partial least squares (PLS). Based on survey data from 247 firms, the empirical results indicate that 1) innovation have a positive and significant impact on differentiation, 2) proactivity and risk-taking does not have a positive and significant impact on differentiation, and 3) innovation, proactivity, and risk-taking does not have a positive and significant impact on cost leadership. This study shows that Portuguese textile SMEs seek to support and stimulate new ideas, experimentation, and creativity that surely result in new products, services, and processes.

Coalitions within the Egyptian Banking Sector: Catalysts of the Popular Revolution

2012 ◽  
Vol 14 (1) ◽  
pp. 1-24 ◽  
Author(s):  
Monal A. Abdel-Baki
Keyword(s):  
Income Distribution ◽  
Banking Sector ◽  
Negative Impact ◽  
Small And Medium Enterprises ◽  
Political Stability ◽  
Soft Budget Constraint ◽  
Egyptian Revolution ◽  
Public Firms ◽  
The Masses ◽  
Medium Enterprises

Among the triggers of the Egyptian Revolution are the sentiments of resentment against the convoluted alliances between private businesses and policymakers that deprived the masses of their fair share of the high GDP growth. But does this indictment extend to the Egyptian banking sector? Based on a field survey and a dataset of 3218 business loans made by 33 banks during 1999–2010, this research differentiates between growth catalysts and crony coalitions within the Egyptian banking sector. The results of the Generalized Estimating Equations reveal that preferential lending to politically-connected businesses has a negative impact on employment and income distribution. Loans to small and medium enterprises and public firms help enhance income distribution and job generation, albeit that the soft-budget constraint on loans to public firms deters growth. The paper presents some policy recommendations that could help exorcise patrimonialism and clientelism and enhance growth alliances within the sector that controls most of the credit flow in the Egyptian economy. The study is not only of grave importance to the Egyptian nation whose members are actively engaged in refurbishing its institutional framework, but is of equal significance to other emerging economies that are keen to install equity, political stability and socioeconomic prosperity.

scholarly journals Survival Strategies and Sustainability of Small and Medium Enterprises in the Oshodi-Isolo Local Government Area of Lagos State

2016 ◽  
Vol 4 (1) ◽  
pp. 103-118 ◽  
Author(s):  
Nkiruka Ifekwem ◽  
Ogundeinde Adedamola
Keyword(s):  
Local Government ◽  
Small Businesses ◽  
Management Practices ◽  
Small And Medium Enterprises ◽  
Political Stability ◽  
Local Government Area ◽  
Survival Strategies ◽  
Growth Strategies ◽  
Lagos State ◽  
Medium Enterprises

Abstract Small and medium enterprises (SMEs) play an essential role in the sustainable development of countries. They help in employment generation, industrial production increase, and export, social enrichment as well as political stability. This study investigates the survival strategies and sustainability of SMEs using selected small businesses in the Oshodi-Isolo Local Government Area, Lagos State. It examines the type of growth strategies that SMEs adopt, ascertains what influences their survival strategies as well as the challenges that hinder their growth. Fifty (50) SMEs were randomly sampled. Their owners and managers were interviewed using questionnaires. Data collected were analysed using descriptive statistics and Pearson product–moment correlation coefficient statistics. Our findings reveal that there is a statistically significant relationship between survival strategies and SMEs’ sustainability. The major implication of the findings is that maintaining small but committed and motivated employees is critical in guaranteeing the survival of the SMEs in a volatile economy. The study recommends that there be a need for orientation and educational programmes to change the mindset of business owners to enable them to graduate from sole atomistic proprietor devoid of modern scientific business practice and effective succession to corporate status with an apparatus of modern business management practices and corporate vision. Finally, the study further suggests some imperatives for policy makers concerned with promoting small businesses’ growth and sustainability in the Oshodi-Isolo Local Government Area of Lagos State.

The Impact of Microfinance Institution on Development of Small and Medium Enterprises: A Case Study of Lagos State

2016 ◽  
Vol 3 (9) ◽  
pp. 81
Author(s):  
Hauwa Daniyan Bagudu ◽  
Shazida Jan Mohd Khan ◽  
Abdul Hakim Roslan
Keyword(s):  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Descriptive Statistics ◽  
Lagos State ◽  
Microfinance Institution ◽  
Medium Enterprises ◽  
The Impact ◽  
Major Target ◽  
Structured Questionnaire

The major target of this study is to evaluate the effect of Microfinance Institution (MFIs) on the development of SMEs (Small and medium enterprises) in Lagos state Nigeria. Simple random techniques of sampling were employed in this study in selecting 70 SMEs which constituted the size of the sample of the research. To facilitate the obtaining of relevant data that was used for analysis in this study, structured questionnaire was designed. Descriptive statistics involving simple graphical charts and tables was strategically applied in presentation and analysis of data. The outcome of the findings indicates that large number of SMEs are benefiting from the loans granted by the MFIs, despite the fact that few of them have sufficient ability to secure the needed amount. Interestingly, most of the SMEs admit positive MFIs loans contribution towards advancing their market share, the economic competitive advantage of the company and achieving market excellence through product innovation.

scholarly journals Barriers and opportunities for hi-tech innovative small and medium enterprises development in the 4th industrial revolution era

2017 ◽  
Vol 15 (4) ◽  
pp. 100-113 ◽  
Author(s):  
Larysa Antoniuk ◽  
Iuliia Gernego ◽  
Vyacheslav Dyba ◽  
Yevheniia Polishchuk ◽  
Yuliia Sybirianska
Keyword(s):  
Business Performance ◽  
Industrial Revolution ◽  
Swot Analysis ◽  
Small And Medium Enterprises ◽  
Government Support ◽  
High Tech ◽  
Policy Makers ◽  
New Ideas ◽  
Barriers And Opportunities ◽  
Medium Enterprises

High-tech innovative SMEs’ development plays crucial role in economic growth of every country. It creates new work places and infrastructure, motivates people for creating new ideas. At the same time, SMEs still face with a huge number of problems in the business performance. The purposes of the research are: to define main barriers for high-tech SMEs’ development in the 4th industrial revolution era (4IR); to work out recommendations for policy-makers towards intensification of SMEs’ potential. For this purpose, the authors reviewed studies devoted to the SMEs’ innovative development and revealed that main barriers of SMEs’ development are related to inefficient government support in this sphere. In order to work out recommendations for Ukrainian policy-makers in the area of SMEs’ development, the authors conducted a survey of local high-tech SMEs and on the basis of SWOT-analysis distinguished the main directions for their further improvement. Finally, a set of recommendations for improving SMEs’ environment in Ukraine, taking into consideration the challenges of the 4th IR, was developed.

scholarly journals Pengaruh Coaching dan Mentoring terhadap Perkembangan Umkm Fashion Serta Orientasi yang Dimediasi Kewirausahaan

2020 ◽  
Vol 4 (1) ◽  
pp. 75-81
Author(s):  
Sendy Zul Friandi ◽  
Suwarto Suwarto ◽  
Danang Rifai
Keyword(s):  
Small And Medium Enterprises ◽  
Research Result ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Positive Role ◽  
Market Mechanisms ◽  
Market Control ◽  
Study Population ◽  
Multistage Sampling ◽  
Medium Enterprises

Changes in the environment and market mechanisms that are so open, competitive, and market control are challenges that must be answered with a market orientation approach. The purpose of this study is: to examine the effect of coaching and mentoring on the development of Fashion Micro, Small and Medium Enterprises (MSMEs) in the capital's supporting areas. This research was conducted at MSME Fashion conducted by young men and women of the millennial generation. While the study population was reviewed at MSME Fashion in the Greater Tangerang area. The sample of this study consisted of 74 MSME Fashion Distros in Tangerang Regency, Tangerang City and South Tangerang City. The sampling technique is multistage sampling consisting of the first simple random sampling in order to determine the Greater Tangerang area that has MSME Fashion, the second is purposive sampling in order to determine the sample in each mapping area that has been determined as a member of the coaching and mentoring of the local entrepreneurship body, and the third is convenience sampling. The method used in determining the sample is based on respondents selected in stage two who are willing to attend. The statistical methods used by researchers are the Confirmatory Factor Analysis (CFA) Method for testing validity, the Cronbach Alpha Method for reliability testing, and the Baron and Kenny methods for hypothesis testing, statistical calculations are performed using the MINITAB application. In this study, researchers found a research result that showed that coaching and mentoring had a positive effect on the development of Fashion MSMEs and the Regional Entrepreneurship Agency played a positive role in mediating the development of MSMEs. Keywords: Coaching, Mentoring, Development of  SMEs

scholarly journals Micro Small and Medium Enterprises Accessibility to Financing at Islamic Microfinance Institution in Indonesia

2019 ◽  
pp. 1435-1441
Author(s):  
Metti Paramita ◽  
Andri Brawijaya ◽  
Wildan Munawar
Keyword(s):  
Small And Medium Enterprises ◽  
Analytical Techniques ◽  
Microfinance Institution ◽  
Qualitative Descriptive ◽  
Islamic Microfinance ◽  
Medium Enterprises

Micro small and medium enterprises (MSMEs) role for a region is very strategic. MSMEs can support large industries, but there are many obstacles in MSMEs operations, one of which is capital. This study aims to determine the financing access that can be obtained by MSMEs on Islamic Microfinance Institution. Analytical techniques in this research is qualitative descriptive technique. The results of this study shows that MSMEs can possibly have access to financing from Islamic microfinance institution if it meets some specified criteria, such as business age, turnover and distance MSMEs.

PROBLEMS AND FEATURES OF FUNCTIONING OF SMALL AND MEDIUM ENTERPRISES IN AGRO-INDUSTRIAL COMPLEX

2020 ◽  
Vol 13 (1) ◽  
pp. 102-107
Author(s):  
E.B. Krylova ◽  
◽  
T.V. Podsvetova ◽  
Keyword(s):  
Small And Medium Enterprises ◽  
Political Stability ◽  
International Market ◽  
Industrial Complex ◽  
Way Of Life ◽  
Russian Economy ◽  
Medium Enterprises

In this article the author dwells on the main problems and features of the functioning of small and medium-sized enterprises and the strategy of their development in the agro-industrial complex. The author substantiates the need for rapid and qualitative expansion of agriculture, concludes that this area can significantly affect the development of the Russian economy as a whole, and even lead to political stability in the international market with its often-changing way of life

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