E-Readiness of SMEs

2010 ◽  
pp. 111-128
Author(s):  
Stephen M. Mutula
Keyword(s):  
Capital Intensity ◽  
Cost Effective ◽  
The Internet ◽  
Competitive Advantages ◽  
Start Up ◽  
Low Degree ◽  
Global Cost ◽  
Business Opportunities ◽  
New Business ◽  
Electronic Networking

Increasingly, SMEs are achieving and sustaining competitive advantages using ICT that are propelling and accelerating the globalization of businesses. The growth of the Internet has created a global, cost-effective platform for businesses to communicate and conduct commerce. The Internet is making it possible for SMEs to enjoy the benefits that were once only afforded to larger businesses. A study by Ramayah et al. (2003) in Malaysia revealed that most SMEs in that country are increasingly embracing e-commerce and spending increasing amounts of money on information technology, with subsequent higher revenues. SMEs in the digital economy have significant advantages over larger competitors (Dejonckheere et al., 2003) arising out of: Increased outsourcing of information activities, resulting in • new business opportunities The low degree of capital intensity of many e-businesses, which has resulted in relatively low start-up and exploitation costs; Enhanced speed of decision-making and innovativeness; Electronic networking and clustering, which allow SMEs to combine the advantages of being small-sized with the various benefits of large scaleBenterprises.

Innovation and Creativity Used by Private Sector Firms in a Resources-Constrained Environment

2018 ◽  
pp. 219-238 ◽  
Author(s):  
Hoang Thanh Nguyen ◽  
Scott A. Hipsher
Keyword(s):  
Economic Development ◽  
Developing Economies ◽  
Business Owners ◽  
Field Observations ◽  
Competitive Advantages ◽  
Technology Advancement ◽  
Social And Economic Development ◽  
Business Opportunities ◽  
New Business ◽  
Micro Enterprises

While innovation has become a popular topic when advocating for technology advancement and enhancing innovative processes in firms in both developed and developing economies, innovation in the context of micro-enterprises in emerging economies, such as Vietnam is not well understood nor has the topic been examined thoroughly. This chapter, in addition to looking at innovation within a micro-entrepreneurial context, includes a review of the academic literature on innovation, entrepreneurship, creativity, competitive advantages, and knowledge as some of the main drivers for social and economic development. Based on the field observations and interviews, it appears business owners of micro-enterprises in Vietnam might often use innovation by depending on their own individual adaptability and creativity to advance business opportunities by building upon existing knowledge as opposed to creating an entirely new business model or concept. Awareness of the nature of innovation within micro-enterprises could be helpful in designing governmental policies which are intended to create conditions which foster innovation and reduce throughout all levels of society and could have a role in reducing poverty.

E-Commerce Model Based on Grid Computing

2010 ◽  
Vol 34-35 ◽  
pp. 1190-1194
Author(s):  
Xu Hao
Keyword(s):  
Information Systems ◽  
Grid Computing ◽  
Public Administration ◽  
The Internet ◽  
Information Systems Professionals ◽  
Business Opportunities ◽  
New Business ◽  
Business To Consumer ◽  
Business To Business ◽  
The Web

Recently, the emergence of the Internet, particularly the Web, has led to a growth in the use of e-commerce in business-to-business, business-to-consumer, business-to-public administration, consumer-to-public administration, and user-to-user activities, leading to new business opportunities, as well as to a variety of problems. This paper research presents a brief overview of e-commerce technology and utilizes a survey, based on this overview to garner insights from Information Systems professionals at leading e-commerce firms.

The Internet of Things (IoT)

2017 ◽  
pp. 76-93 ◽  
Author(s):  
In Lee
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Conceptual Framework ◽  
The Internet ◽  
Iot Applications ◽  
Business Opportunities ◽  
New Business ◽  
The Internet Of Things

As the Internet of Things (IoT) opens up new business opportunities, firms are trying to understand the impacts of the IoT revolution on their supply chain. Despite the tremendous interest by supply chain managers to leverage the IoT, there are still a paucity of studies that integrate the management side of supply chain with the technical side of the IoT. This chapter attempts to fill the current gap in research. This chapter discusses capabilities of the IoT-based supply chain applications. Then, it presents a conceptual framework of the IoT applications essential for smart supply chain. Finally, this chapter discusses technical and managerial challenges faced by supply chain managers in implementing the IoT.

The Internet of Things (IoT)

2020 ◽  
pp. 1557-1574
Author(s):  
In Lee
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Conceptual Framework ◽  
The Internet ◽  
Iot Applications ◽  
Business Opportunities ◽  
New Business ◽  
The Internet Of Things

As the Internet of Things (IoT) opens up new business opportunities, firms are trying to understand the impacts of the IoT revolution on their supply chain. Despite the tremendous interest by supply chain managers to leverage the IoT, there are still a paucity of studies that integrate the management side of supply chain with the technical side of the IoT. This chapter attempts to fill the current gap in research. This chapter discusses capabilities of the IoT-based supply chain applications. Then, it presents a conceptual framework of the IoT applications essential for smart supply chain. Finally, this chapter discusses technical and managerial challenges faced by supply chain managers in implementing the IoT.

scholarly journals Competitive Advantage of Intrapreneurs in Start-up Business: A Dynamic Model

2016 ◽  
Vol 1 (2) ◽  
pp. 08
Author(s):  
Huijian Dong
Keyword(s):  
Competitive Advantage ◽  
Dynamic Model ◽  
Necessary Conditions ◽  
The Other ◽  
Competitive Advantages ◽  
Font Size ◽  
Start Up ◽  
New Business ◽  
Creative Force ◽  
A Current

<p style="margin: 0in 0in 10pt; text-align: justify; -ms-text-justify: inter-ideograph;"><span style="line-height: 115%; font-family: 'Times New Roman',serif; font-size: 12pt;">Intrapreneurs, defined as the active and creative force in the entrepreneurs, starts new business as projects, groups, or departments within an existing firm. They represent the frontier of innovation in a current standing firm and explore new growth points for the hosting organization. On the other side, entrepreneurs that start new business compete with intrapreneurs in the same pool of potential clients in the broad market. This paper attempts to explore the competitive advantages of intrapreneurs relative to entrepreneurs when starting a new area of business. The paper employs a dynamic model to identify the necessary conditions that intrapreneurs ought to be endowed to dominate entrepreneurs. This study also identifies the conditions of providing innovation-friendly environment for intrapreneurs to dominate entrepreneurs.</span></p>

scholarly journals Pelatihan Peningkatan Omset Pendapatan Industri Rumahan Nasi Krawu Di Kabupaten Gresik

2020 ◽  
Vol 3 (1) ◽  
pp. 25-31
Author(s):  
Titus Kristanto ◽  
Nanang Fakhrur Rozi ◽  
Eka Cahya Muliawati ◽  
Rachman Arief ◽  
Syaiful Hidayat ◽  
...  
Keyword(s):  
Information Technology ◽  
Social Media ◽  
Community Service ◽  
The Internet ◽  
Online Media ◽  
Internet Media ◽  
Business Opportunities ◽  
New Business ◽  
Service Activity ◽  
Typical Food

In the millennial era 4.0, the growth of the home industry is growing more rapidly with the development of information technology, thus making needs increase and create new business opportunities. One of the new business opportunities is the krawu rice business. Krawu rice is a typical food from Gresik Regency. The krawu rice home industry is a partner of a community service activity named Nasi Krawu Buk Tiban. The problem that occurs in the community service partners is the marketing of krawu rice that is still around the Nasi Krawu Buk Tiban environment and marketing through the internet media. The method used is to provide training in the form of online media marketing and social media assistance. The result of community service activities can increase krawu rice revenue turnover, can operate and promote krawu rice marketing through online media and social media.

A “green” industrial revolution: Using chitin towards transformative technologies

2013 ◽  
Vol 85 (8) ◽  
pp. 1693-1701 ◽  
Author(s):  
Patrick S. Barber ◽  
Julia L. Shamshina ◽  
Robin D. Rogers
Keyword(s):  
Ionic Liquids ◽  
Green Chemistry ◽  
Industrial Revolution ◽  
Cost Effective ◽  
Medical Applications ◽  
Sustainable Products ◽  
Business Opportunities ◽  
New Business ◽  
Control Failures ◽  
Byproduct Utilization

Even with the high costs of environmental exposure controls, as well as the chance of control failures, options for industries wanting to implement sustainability through frameworks such as green chemistry are not yet cost-effective. We foresee a “green” industrial revolution through the use of transformative technologies that provide cost-effective and sustainable products which could lead to new business opportunities. Through example, we promote the use of natural and abundant biopolymers such as chitin, combined with the solvating power of ionic liquids (ILs), as a transformative technology to develop industries that are overall better and more cost-effective than current practices. The use of shellfish waste as a source of chitin for a variety of applications, including high-value medical applications, represents a total byproduct utilization concept with realistic implications in crustacean processing industries.

Dynamic Capability and Coopetition

2022 ◽  
pp. 21-30
Author(s):  
Wlademir Leite Correia Filho ◽  
Daniel Knebel Baggio
Keyword(s):  
Competitive Advantage ◽  
Adaptive Capacity ◽  
Absorptive Capacity ◽  
Dynamic Capabilities ◽  
Dynamic Capability ◽  
Competitive Advantages ◽  
Changing Environments ◽  
Business Opportunities ◽  
New Business ◽  
Collective Strategy

The COVID-19 pandemic accelerated changes in company management, valuing coopetition as a collective strategy by strengthening the dynamic capabilities defined by Teece et al. as the firm's ability to integrate, build, and reconfigure external and internal competencies in rapidly changing environments. The adaptive capacity will prepare the company for adversity; the absorptive capacity favors the acquisition, assimilation, transformation, and application of external knowledge to create and maintain competitive advantages, and the capacity to innovate allows the identification of new business opportunities. The research showed that for the studied group, the good use of the dynamic absorption and adaptation capacities present in coopetition strongly contributes to the development of innovation competences, thus achieving and sustaining competitive advantage.

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