scholarly journals Major Barriers to Manufacturing SMEs Growth and Survival: Evidence From Emerging Economy Pakistan

2020 ◽  
Vol 6 (4) ◽  
pp. 845-856
Author(s):  
Sher Ali ◽  
Hazrat Bilal ◽  
Ashfaq Ahmad ◽  
Jawad Hussain
Keyword(s):  
Structural Equation ◽  
Equation Model ◽  
Sustainable Growth ◽  
Financial Resources ◽  
Market Information ◽  
Growth And Survival ◽  
Procurement Contract ◽  
National Economic ◽  
Managerial Level ◽  
Great Share

SMEs play a tremendous role in increased national economic development and consider the backbone of the economy around the world. It contributes a great share in the GDP of Pakistan and a huge number of the workforce involved. However, despite such great importance, the SMEs growth in Pakistan face numerous challenges for access to financial resources, market information, and procurement contract. Hence the main aim behind this study is to investigate the influence of these barriers on manufacturing SMEs' growth and survival. A structured questionnaire was distributed among 172 managerial level employees of manufacturing SMEs to explore the influence of financial resources, market information, and procurement contract on the growth of SMEs by incorporating the Structural Equation Model (SEM). The study shows that the lack of access to financial resources, market information, and procurement contract negatively influence the growth and survival of SMEs. Therefore, it needs a certain action to eliminate such barriers for SMEs' sustainable growth and survival. This study suggestion will help to contribute to policymakers and industry players to overcome such barriers. 

scholarly journals A MODEL FOR PERSONAL FINANCIAL PLANNING TOWARDS RETIREMENT

2020 ◽  
Vol 0 (0) ◽  
pp. 1-21
Author(s):  
Teresa C. Herrador-Alcaide ◽  
Montserrat Hernández-Solís ◽  
Gabriela Topa
Keyword(s):  
Financial Literacy ◽  
Financial Planning ◽  
Financial Management ◽  
Structural Equation ◽  
Financial Risk ◽  
Management Practices ◽  
Equation Model ◽  
Financial Resources ◽  
Explanatory Variables ◽  
Personal Financial Planning

One problem for sustainability of systems pensions is how people without specialized financial training could manage their resources and their actual personal intentions towards retirement. Research objective is to analyse the relationship among several factors that affect the behaviour towards retirement, the financial management practices and the financial resources, by carrying out a structural equation model (SEM) that was tested in Spanish workers sample in three phases. The influence of financial literacy, financial retirement objectives, optimism on retirement, tolerance to financial risk, and the commitment to financial planning at time 1, are analysed as explanatory variables of financial management practices at time 2. Financial resources for retirement at time 3 are explained by financial management practices. According to results, the model can predict the 36% of the variance of financial management practices and 53% of the variance of financial resources for retirement. Thus, the model can be used for checking of knowledge of the personal financial behaviour before retirement, what enables a better personal financial planning. It would be possible to apply a model based on self-assessment in order to implement a complementary financial planning that would allow to maintain the welfare during retirement.

scholarly journals The Effect of Competence and Motivation of Employee Performance With Organizational Commitment as Intervening Variables in PT. Maleo Kreatif Indonesia

2020 ◽  
Vol 5 (7) ◽  
pp. 959-966
Author(s):  
Fatinah Ghiyats ◽  
Irfan Noviandy Aulia, Dr., SE., MM., CHRP
Keyword(s):  
Organizational Commitment ◽  
Structural Equation ◽  
Quantitative Research ◽  
Employee Performance ◽  
Equation Model ◽  
Analysis Method ◽  
Competence Motivation ◽  
Sample Method ◽  
Managerial Level ◽  
Intervening Variables

This study aims to determine and analyze the effect of competence and motivation on employee performance at PT. Maleo Kreatif Indonesia. To find out and analyze the effect of competence, motivation on organizational commitment at PT. Maleo Kreatif Indonesia. To find out and analyze the effect of organizational commitment on employee performance at PT. Maleo Kreatif Indonesia. To find out and analyze the effect of competence and motivation on employee performance with organizational commitment as an intervening variable at PT. Maleo Kreatif Indonesia. The research method in this study uses quantitative research with the type of explanatory research. The population in this study were all employees of PT. Maleo Kreatif Indonesia, amounting to 60 people who are at the level of the manager down. The sample method in this study uses probability sampling by determining the sample using a census. Then the size of the sample used in this study were 60 respondents who were employees with managerial level downwards. The data analysis method used in this study is the Structural Equation Model (SEM) with the help of the Smart PLS version 3 program. The results showed that competence and motivation had a positive and significant effect on employee performance at PT. Maleo Kreatif Indonesia. Furthermore, competence, motivation and have a positive and significant influence on organizational commitment at PT. Maleo Kreatif Indonesia Organizational commitment has a positive and significant impact on employee performance at PT. Maleo Kreatif Indonesia. Competence and motivation have a positive and significant effect on employee performance with organizational commitment as an intervening variable at PT. Maleo Kreatif Indonesia

scholarly journals Rethinking Leisure Tourism: From the Perspective of Tourist Touch Points and Perceived Well-being

SAGE Open ◽  
2021 ◽  
Vol 11 (4) ◽  
pp. 215824402110591
Author(s):  
Chang Chen ◽  
Zhuoqi Teng ◽  
Chunyi Lu ◽  
Md. Alamgir Hossain ◽  
Yuantao Fang
Keyword(s):  
Structural Equation ◽  
Online Survey ◽  
Word Of Mouth ◽  
Reliability And Validity ◽  
Principal Component ◽  
Well Being ◽  
Equation Model ◽  
Sustainable Growth ◽  
Integrative Model ◽  
Tourism Experience

The current study empirically examines an integrative model linking multiple types of touch points in tourism experience, hedonic well-being, eudaimonic well-being, revisit intention, and online word of mouth, in response to the calls to revitalize tourism and achieve sustainable development. The research relied on “Nong Jia Le,” an important representative survey on leisure tourism. The questionnaire was developed based on prior studies, then translated into Chinese and set up in an online survey system. In total, 316 respondents were ultimately gathered for analysis. Principal component analysis was used to test the reliability and validity of each construct, and a structural equation model was used to test the hypotheses. The findings show that tourism experiences derived from partner-owned, customer-owned, and social touch points positively affect perceived hedonic and eudaimonic well-being, while experiences derived from destination-owned touch points only positively influence hedonic well-being. In addition, both hedonic and eudaimonic well-being significantly affect consumers’ intention to revisit the destination and to spread word of mouth online. This study fills in a gap in leisure tourism literature by proposing the merits of touch points in tourism experience and placing importance on conceptions of eudaimonia. More importantly, the current research offers important social and economic considerations that can contribute to the sustainable growth of leisure tourism.

Effect of Coopetitive Activity on Innovation and Management Performances in the Structural Context

2019 ◽  
Vol 24 (2) ◽  
pp. 365-384 ◽  
Author(s):  
Yongrae Cho ◽  
Choonghyun Lee
Keyword(s):  
Regression Model ◽  
Structural Equation ◽  
Business Environment ◽  
Process Innovation ◽  
Equation Model ◽  
Sustainable Growth ◽  
Structural Context ◽  
Innovation Activities ◽  
Product And Process Innovation ◽  
Product And Process

This study intends to demonstrate whether firms’ cooperative activities, particularly ‘coopetition’, affect business performances. Coopetition, which is cooperation with competitors, is a strategic concept that suggests competition and cooperation between firms can exist simultaneously. More specifically, in order to investigate cooperation as a part of innovation mechanism, this study analysed the mediating effects of product and process innovation performances in between cooperative activities and management performances. For this purpose, we applied a structural equation model (SEM) by integrating a regression model and a logistic regression model. The former analysed the effects of cooperation and innovation on management performances, whereas the latter studied influence of cooperation on innovation performances. For empirical analysis, we utilised data from Korea Innovation Survey (KIS), which incorporates information on Korean firm’s innovation activities and their relevant performances. The results from this study can be applied to addressing and diagnosing issues in Korean industries by analysing relationships among cooperative activities, innovation outcomes and management performances in the structural context. The analysis showed that coopetition, compared to other types of cooperation, has enhanced the performance of process innovation. Furthermore, the analysis demonstrated that cooperation related positively to management performances. This study, however, also addresses the problem that Korean firms have limitations in linking these innovation performances to actual management performances of financial growth. The results highlight the significance of strategic openness and flexibility, even to competitors, as the business environment and technology market may change drastically. Coopetition strategy can work as a facilitator in providing windows of opportunity for sustainable growth through field-based innovation.

scholarly journals Empirical Evidence of Obstacles of Women Entrepreneurship’s Growth in Malaysia

2020 ◽  
Vol 10 (Number 2) ◽  
pp. 67-84
Author(s):  
Juliana Abu Bakar ◽  
Zam Zuriyati Mohamad ◽  
Sharmeela-Banu S. A. ◽  
Thavamalar Ganapathy
Keyword(s):  
Gender Discrimination ◽  
Women Entrepreneurs ◽  
Structural Equation ◽  
Equation Model ◽  
Partial Least Square ◽  
Least Square ◽  
Financial Resources ◽  
Growth Data ◽  
Training And Education ◽  
Limited Access

Women’s equality and empowerment are one of the 17 Sustainable Development Goals that was initiated to eliminate gender discrimination. This goal can be achieved through establishing women entrepreneurship by employing critical failure factor analysis. Thus, this study was aimed to explore the obstacles faced by women entrepreneurs; consisting of restricted training and education, legal constraints, limited access to financial resources, and family-related interface. Besides, this study was intended to examine how these obstacles affected women entrepreneurs’ growth. Data related to 109 women entrepreneurs in Malaysia were collected. The Relative Importance Index (RII) was used to rank these obstacles. Subsequently, partial least square structural equation model analysis was performed on the data. The findings revealed that restricted training and education, limited access to financial resources, and familyrelated interface have an adverse effect on women entrepreneurs’ growth. Therefore, theoretically this study offered a new women entrepreneurs’ model by linking the obstacles and growth within a single study.

scholarly journals Marketing Management Skill of Mangosteen Farmer

2020 ◽  
Vol 5 (8) ◽  
pp. 1731-1740
Author(s):  
Reny Andriyanty ◽  
Haswan Yunaz ◽  
Dodi Wahab ◽  
Tagor Rambey ◽  
Andi Masnang ◽  
...  
Keyword(s):  
Latent Variables ◽  
Structural Equation ◽  
External Factor ◽  
Equation Model ◽  
Marketing Management ◽  
Market Information ◽  
Internal Factor ◽  
Management Skill ◽  
Technology Utilization ◽  
Managerial Skills

The purpose of the study is to measure the influence of internal factors, external factors and the technology utilization on marketing management skill of manggosteen farmers in Bogor. The respondent farmers were 60 farmers who are farmer group member and minumun 0,5 hectare land area landowners. The research model was analyzed by structural equation model which includes four latent variables. Empirical results show that the management skill of Bogor mangosteen farmers is average. The internal factor, individually the highest effect was motivation. The highest effect of external factor was goverment assistance in market information. The highest effect of technology utilization was internet utilization. The marketing managerial skills, the data shown that place was the highest variable. The internal factor and technology ability were significant and indicated positive correlation. Fifty nine percents farmer marketing capacity explained by internal, external factor and technology skill. Based on the outer loading analysis, the most influential manifest internal factor variable was farming interest. The influential manisfest variable was goverment assistance in market information. The most influential manifest of technology ability variable was transportation and communication utilization. The variable that influences the marketing management skill, the most is placing.

scholarly journals SUMBER DAYA INTERNAL PETERNAK SAPI PERAH DAN PENGARUHNYA TERHADAP DINAMIKA KELOMPOK DAN KONTEKS KERENTANAN

2019 ◽  
Vol 7 (1) ◽  
pp. 192
Author(s):  
Amam Amam ◽  
M. Wildan Jadmiko ◽  
Pradiptya Ayu Harsita ◽  
Nur Widodo ◽  
M. Setyo Poerwoko
Keyword(s):  
Group Dynamics ◽  
Structural Equation ◽  
Animal Husbandry ◽  
Dairy Farming ◽  
Equation Model ◽  
Financial Resources ◽  
Dairy Farmers ◽  
Internal Resources ◽  
Model Method

This research aims to find out the influence of dairy farmer’s internal resources on group dynamics and vulnerability context of dairy farming business. The research was conducted at the animal husbandry institution Kelompok Usaha Bersama (KUB) Tirtasari Kresna Gemilang in Pujon Subdistrict, Malang District, East Java Province on October - December 2018. The research variables consisted of financial resources (X1), technological resources (X2), physical resources (X3), group dynamics (Z1), and the context of vulnerability of dairy farming business (Y1). The respondents were all KUB member dairy farmers, namely 174 dairy farmers. Data were analyzed by the SEM (Structural Equation Model) method using SmartPLS 2.0. The results showed that the accessibility of dairy farmers to internal resources affected group dynamics by 33%, while vulnerability context of dairy farming business was influenced by the dairy farmer’s internal resources and group dynamics by 30.3%. The conclusion of the research showed the role of resources could influence to group dynamics and vulnerability context of dairy farming business. Keywords: Dairy Cattle, Farming Business, Group Dynamics, Internal Resources, Vulnerability Context

scholarly journals Sustaining the development of MSEs in Indonesia: the moderating effects of the environment

2018 ◽  
Vol 74 ◽  
pp. 04006
Author(s):  
Indah Pertiwi ◽  
Ruslan Prijadi
Keyword(s):  
Self Efficacy ◽  
Structural Equation ◽  
Financial Constraints ◽  
Business Environment ◽  
Equation Model ◽  
Sustainable Growth ◽  
Environmental Aspect ◽  
Development Goals ◽  
The Government

MSEs contribute much to the Indonesian economy and play a crucial role in achieving Sustainable Development Goals (SDGs) Unfortunately, MSEs still have limited access to finance. Financing access (SDGs’ issue), support from the government (environmental aspect), and entrepreneurial traits (inside the MSEs) are central for MSEs’ sustainability. This research investigates the role of a business environment built by the government to ease financial constraints and support self-efficacy in MSEs’ sustainable growth. This research applies the Structural Equation Model method to 750 respondents. Initially the direct factors are estimated and then a moderating factor is added. The results find that financial constraints MSEs’ experience limits the their sustainability, whereas self-efficacy enhances it. Although MSEs possess strong entrepreneurial characteristics as the basis for their growth, financing access remains a burden. The research confirms that the business environment created by the government is an effective strategy to facilitate MSEs’ sustainability. However, MSEs’ sustainability cannot be improved merely by government schemes but must be supported by the financial and banking sectors.

scholarly journals The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance

2019 ◽  
Vol 11 (21) ◽  
pp. 6181 ◽  
Author(s):  
Joon-Seok Kim ◽  
Nina Shin
Keyword(s):  
Supply Chain ◽  
Structural Equation ◽  
Performance Outcomes ◽  
Equation Model ◽  
Sustainable Growth ◽  
Technology Application ◽  
Positive Effects ◽  
Blockchain Technology ◽  
Negative Effect ◽  
The Impact

Blockchain technology developed as a technical platform for electronic money. It is now considered a next generation information technology tool for sustainable growth in supply chain (SC) management. However, its study is relatively rare in the literature on SC collaboration and sustainability management research, despite its advantages in sustaining connectivity and reliability among SC partners. This study investigates how the use of blockchain in SC activities can influence (increase or decrease) SC partnership efficiency and growth, thereby affecting SC performance outcomes. Specifically, this study empirically validates a measurement and structural equation model with 306 SC experts from various industries. The findings show that the blockchain technology characteristics (information transparency, information immutability, and smart contracts) have significant positive effects on partnership growth and marginal effects on partnership efficiency. Though partnership growth has a positive effect on firm performance, partnership efficiency shows a negative effect.

Accessibility and transparency: impact on social economy

2017 ◽  
Vol 41 (1) ◽  
pp. 35-52 ◽  
Author(s):  
Francisco José López-Arceiz ◽  
Ana José Bellostas Pérezgrueso ◽  
María Pilar Rivera Torres
Keyword(s):  
Structural Equation ◽  
Design Methodology ◽  
Social Performance ◽  
Social Economy ◽  
Equation Model ◽  
Decision Makers ◽  
Financial Resources ◽  
Content Type ◽  
Social Economy Organizations

Purpose Social economy organizations (SEOs) are a hybrid model where relations with stakeholders are managed using transparency mechanisms. The purpose of this paper is to analyze the role that online accessibility (which is understood to be a tool to implement transparency) has in raising financial resources and to assess its impact on economic and social achievements. Moreover, the authors study the interaction between online accessibility and external verification. Design/methodology/approach This study analyzes the behavior of 1,400 SEOs between 2009 and 2012 using a structural equation model and the MPLUS 7.4 software, which is based on covariance analysis. Findings The results show that transparency, which is understood as online accessibility, assists in raising financial resources and enhances SEO economic and social achievements. The authors also note that external verifications favor the economic achievements of SEOs but do not improve their social achievements. Research limitations/implications This research has two limitations: this study refers only to Spanish SEOs and no consensus exists on how to measure economic and social performance. Therefore, the conclusions should be considered with caution in other regulatory and cultural fields. The main implications of this work are the criteria the authors provide to help decision makers decide on the transparency model that SEOs should develop according to their management needs. Originality/value This study bridges a gap in the current research by increasing understanding of the role of accessibility as being the most important tool for an organization that strives to embody transparent behavior.

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