Study the Impact of use of ICT on Organization Performance in Omani SMEs

Organization Performance ◽

Knowledge Based ◽

Knowledge Based Economy ◽

The Individual ◽

Medium Enterprises ◽

Social Importance ◽

Traditionally SMEs have resource constraints in the form of information, finance and reach in the market, ICT is vital to promote strategy, performance, and growth. Moreover, Oman boasts of very high mobile phone penetration and highly connected youth, the impact of ICT in the performance of SMEs becomes all the more pronounced. This paper focuses to study the impact of the use of ICT on the organization performance in small and medium enterprises in Oman. In a knowledge-based economy, SMEs face both opportunities and challenges due to the development of ICTs. Within the country, SMEs are of huge economic and social importance and play an important role in mobilizing domestic financial resources and competencies, as well as increasing savings and channeling them into investment areas. Here comes the role of technology, where the development and innovation in ICT increase the productivity of the individual and benefit from the knowledge, science, and technology. The significance of the findings of this study is valuable to all the stakeholders – owners/managers, sponsors, entrepreneurs, financial institutions and government. The outcome of the study point towards the direction needed to make informed decisions and formulate policies about ICT investments in the country.

Impact of organizational entrepreneurship characteristics on entrepreneurial orientation: Moderating role of firm size and education

Problems and Perspectives in Management ◽

10.21511/ppm.19(3).2021.39 ◽

2021 ◽

Vol 19 (3) ◽

pp. 478-487

Author(s):

Amel Farhan Swadi ◽

Ahmad Abed al-hayy Al-dalaien

Keyword(s):

Leadership Style ◽

Entrepreneurial Orientation ◽

Decision Makers ◽

Management Support ◽

Top Management Support ◽

The Individual ◽

Medium Enterprises ◽

Organizational entrepreneurial characteristics (OEC) have received less attention compared with the individual entrepreneurial ones. In addition, few studies examined this issue in the context of small and medium enterprises (SMEs) in developing countries. The purpose of this study is to examine the impact of OEC on the entrepreneurial orientation (EO) of an organizational member. OEC are operationalized to include top management support (TMS), organizational culture (OC), and transformational leadership (TL). Two moderators are proposed in this study: the CEO’s education and company`s size. The data were collected via purposive sampling using a questionnaire; a survey included 206 SMEs in Iraq. The data were analyzed using AMOS. The findings indicate that the impact of EOC (B = 0.14) on OE is positive. Its dimensions TL (B = 0.14) and TMS (0.50) also impacted positively the OE. CEO’s education and company size moderated positively the effect of OEC on OE. Decision makers are advised to pay more attention to leadership style and adopt open culture as well as free expression and tolerance among SMEs in Iraq.

From LMX to Individual Creativity: Interactive Effect of Engagement and Job Complexity

International Journal of Environmental Research and Public Health ◽

10.3390/ijerph17082626 ◽

2020 ◽

Vol 17 (8) ◽

pp. 2626

Author(s):

Guadalupe Vila-Vázquez ◽

Carmen Castro-Casal ◽

Dolores Álvarez-Pérez

Keyword(s):

Interactive Effect ◽

High Tech ◽

Job Complexity ◽

Knowledge Based ◽

Moderated Mediation Model ◽

Member Exchange ◽

Medium Enterprises ◽

This study explores how the quality of leader–member exchange (LMX) is associated with employees’ creativity via engagement, and the moderating role of a job characteristic related to knowledge (job complexity) in this relationship. A moderated mediation model was tested on a sample of 320 employees from emergent high-tech and knowledge-based small and medium enterprises (SMEs) in Spain. The results supported an indirect influence of LMX on individual creativity through engagement. Additionally, this study found that job complexity accentuated the impact of engagement on creativity. More importantly, the findings confirmed that the intensity of the LMX–engagement–creativity relationship was moderated by job complexity. That is, the relationship was stronger when job complexity was high. Taken together, this study improves the understanding of the factors that contribute to increased employee creativity, an important outcome for high-tech and knowledge-based SMEs.

Access to Finance, Financial Development and Firm Performance – Evidence from Pakistan

NICE Research Journal ◽

10.51239/nrjss.v0i0.173 ◽

2020 ◽

pp. 49-68

Author(s):

Waqas Ahmad ◽

Zaheer Abbas ◽

Zulfiqar Ali Shah

Keyword(s):

Firm Performance ◽

Financial Development ◽

Financial Constraints ◽

Labour Productivity ◽

Fixed Effect Model ◽

Access To Finance ◽

Medium Enterprises ◽

Purpose- The aim of the study is to investigate the impact of financial constraints on firm performance. The role of financial development in reducing financial constraints is also investigated. Design/methodology/approach- Data from two waves of World Bank Enterprise Surveys from 2007 to 2013 was used to construct the required variables. A balanced sample of 427 firms was selected and a fixed-effect model was used for empirical estimations. Findings- The findings indicate the significance of access to finance in terms of explaining firm performance. Improvement in access to finance led to subsequent improvement in firm performance as measured by labour productivity. The role of financial development in reducing credit constraints is not as expected. The concentration of lending to the private sector in the hands of large corporations at the expense of small and medium enterprises could be the reason for such a result. Originality/value – Most of the work in this area is focused on large listed firms. The present study focused primarily on small and medium-sized enterprises in Pakistan. Multiple measures of financial constraints and firm performance were used for robustness. The investigation also covers the role of financial development and its microeconomic implications at the level of an enterprise.

The Impact of Globalization on Development of MSMEs

International Journal of Entrepreneurship and Governance in Cognitive Cities ◽

10.4018/ijegcc.2021010104 ◽

2021 ◽

Vol 2 (1) ◽

pp. 46-60

Author(s):

Rama Mohana Rao Katta ◽

Chandra Sekhar Patro

Keyword(s):

National Level ◽

Work Conditions ◽

Firm Level ◽

Market Opportunities ◽

Growing Economy ◽

The Government ◽

Medium Enterprises ◽

Globalization has been a significant force in the development of the market and economic environments. The micro, small, and medium enterprises (MSMEs) need to focus on technological capabilities to face the competition in the globalized market. They have to analyze the market opportunities in the rapidly growing economy as well as emerging markets. The aids of a globalized and digital economy depends to an excessive extent on favourable business environments and healthy competition. The performance of MSMEs depends on accessibility to various strategic resources like abilities, technical know-how, innovativeness, and finance. Thus, it is imperative to consider the factors influencing work conditions firm level, and the strategies formulated at the national level are organized to local business perspectives. This paper examines the global scenario of MSMEs, the impact of globalization, the role of MSMEs in India, the growth perspectives of MSMEs during the pre-and post-globalization period, the critical challenges, and the role of the government in encouraging and developing MSMEs.

The impact of advisory services on Iranian SME performance: An empirical investigation of the role of professional accountants

South African Journal of Business Management ◽

10.4102/sajbm.v43i2.184 ◽

2012 ◽

Vol 43 (2) ◽

pp. 61-72 ◽

Cited By ~ 6

Author(s):

Y. Kamyabi ◽

S. Devi

Keyword(s):

Manufacturing Sector ◽

Theory And Practice ◽

Competitive Intensity ◽

Managerial Skills ◽

Advisory Services ◽

Job Opportunities ◽

Medium Enterprises ◽

The role of small and medium enterprises (SMEs) is recognized globally given their contribution to total productivity and job opportunities. However, the majority of SMEs tend to fail due to a lack of marketing knowledge and managerial skills or technical expertise. Professional accountants are in a unique situation to help SME owner/managers to achieve their business objectives and bridge the skills gap. Therefore, this paper aims to identify the factors that affect the decisions of owner/managers of SMEs in Iranian manufacturing sector to utilise the professional accountants’ advisory services and to examine the impact of these advisory services on SME performance using the Resource-Based View (RBV) of the firm. Based on a questionnaire survey data of 658 Iranian manufacturing SMEs, our regression analysis reveals a significant positive relationship between utilisation of professional accountants′ advisory services and three independent variables, namely, knowledge of owner/manager, competitive intensity and complexity of marketing decisions. Furthermore, we evidence that the use of advisory services is significant and positively associated with SME performance. More importantly, utilisation of professional accountants′ advisory services partially mediates the relationship between knowledge of owner/manager, competitive intensity and complexity of marketing decisions and firm performance. Therefore, we provide a specific, theoretically and empirically grounded prediction of how utilisation of professional accountants′ advisory services influences performance with implications for theory and practice.

Pengaruh Penggunaan Software Zahir POSX Terhadap Manajemen Bisnis Usaha Mikro Kecil dan Menengah di Kota Samarinda

Jurnal Ekonomika : Manajemen, Akuntansi, dan Perbankan Syari'ah ◽

10.24903/je.v8i1.757 ◽

2019 ◽

Vol 8 (1) ◽

pp. 16

Author(s):

MARTINUS ROBERT HUTAURUK ◽

SITI ROHMAH

Keyword(s):

Structural Equation ◽

Business Management ◽

Equation Modeling ◽

Validity And Reliability ◽

Sample Test ◽

Accounting Software ◽

Medium Enterprises ◽

The development of information technology which is the impact to development revolution of industrial 4th makes every activity inseparable from network usage with entrepreneurs in the Micro, Small and Medium Enterprises (UMKM) group, who also must be albe to capture the business opportunity. The purpose of this study is to confirm the role of Zahir POSX software on business management in the UMKM group in Samarinda city. This research was conducted on 275 populations in the UMKM group located in Samarinda City, especially in the area around Mulawarman University and University of Widya Gama Mahakam Samarinda, and by using the Slovin method with a 5% error rate, 163 respondents were taken as sample. Test on validity and reliability have been darried out with good results on the items received agin before further analysis. This study was conducted in order to predict the role of Zahir POSX software on business Management and used the Structural Equation Modeling (SEM) wih multiple groups through Smart PLS Version 3.2.8 software. The results of this study found that on use Zahir POSX software had a positive and significant impact on UMKM group in Samarinda. Entrepreneurs will be easier in controloing their business, even using paper less media. The results also show that through modern accounting software, it will increasingly make business management more effective and efficient

المجلة العربية للعلوم ونشر الأبحاث مجلة العلوم الاقتصادية والإدارية والقانونية ◽

The impact of risks on small and medium enterprises in the region of Sebha- Libya 2010- 2019: إدارة المخاطر المالية وأثرها على المشروعات الصغيرة والمتوسطة بمنطقة سبها – ليبيا- 2010- 2019م

10.26389/ajsrp.j250321 ◽

2021 ◽

Vol 5 (22) ◽

pp. 143-114

Author(s):

Mohammed Elnagi Elgafari, Ehmaid Abu Khanger Mohammed Algoha Mohammed Elnagi Elgafari, Ehmaid Abu Khanger Mohammed Algoha

Keyword(s):

Random Sample ◽

Simple Random Sample ◽

Financial Risks ◽

Quantitative Methodology ◽

Medium Enterprises ◽

The Impact ◽

Descriptive Method

The study aimed to identify the reality of the small and medium enterprises in Libya and the role of financial risks management in the success of these projects. The study followed the historical descriptive method and the quantitative methodology. The data were collected by means of a questionnaire, distributed to a simple random sample of small and medium enterprises, and analyzed through the SPSS program. The study found that, the lack of liquidity and the risk of repayment of loans come at the forefront of the financial risks affecting small and medium enterprises in the region of Sabha in Libya. The most important recommendations of the study: the need to develop the strategy of small and medium enterprises, after a careful and realistic analysis of its environment. Develop a realistic strategy for projects, taking into account the risks faced by these enterprises.

Success Factors in Triple Helix Coordination: Small-Medium Sized Enterprises in Western Java

ETIKONOMI ◽

10.15408/etk.v18i2.11548 ◽

2019 ◽

Vol 18 (2) ◽

pp. 233-248

Author(s):

Somariah Fitriani ◽

Sintha Wahjusaputri ◽

Ahmad Diponegoro

Keyword(s):

Triple Helix ◽

Critical Success Factors ◽

Success Factors ◽

Knowledge Based ◽

Critical Success ◽

Triple Helix Model ◽

Knowledge Based Economy ◽

Essential Contribution ◽

Medium Enterprises

Triple helix model is a model of a knowledge-based economy, which collaborates with the university, business, and government sectors to help small and medium enterprises (SMEs) boost their business. The issue is the three actors have not yet synergized optimally in the development of SMEs. Hence, this study was to identify the critical success factors of the triple helix model for SMEs. This study employed a meta-ethnography and factor analysis to obtain components and indicators of the success factors. The result showed that 37 items of critical success factors have good content validity and excellent homogeneity reliability. Based on these success factors, a triple helix model consisting of six stages has developed. It indicates that these critical success factors make an essential contribution to the development and success of SMEs to achieve the goal of the program.JEL Classification: L52, L53

The impact of market orientation on the performance of MSMEs operating in technology parks: The role of market dynamism

Journal of Entrepreneurship Management and Innovation ◽

10.7341/20211722 ◽

2021 ◽

Vol 17 (2) ◽

pp. 29-52

Author(s):

Anna Wójcik-Karpacz ◽

◽

Jarosław Karpacz ◽

Joanna Rudawska ◽

◽

...

Keyword(s):

Firm Performance ◽

Market Orientation ◽

Theory And Practice ◽

Systematic Research ◽

Technology Parks ◽

And Performance ◽

Medium Enterprises ◽

Purpose: The purpose of this article is to identify the role of market dynamism in the relationship between market orientation and the performance of micro, small, and medium enterprises (MSMEs) operating in technology parks (TPs) in Poland. Methodology: The two methods used for performing the quantitative empirical research are CAWI and PAPI. The research sample included MSMEs operating in technology parks in Poland. The article is the answer to the needs for systematic research of models between market orientation and firm performance. Findings: The research findings provide an insight into the level of market orientation and performance of the analyzed MSMEs operating in technology parks in Poland. It was found that MSMEs in the research sample were not a homogeneous group in this respect. It has been proven that market orientation is a significant stimulant of firm performance, while market dynamism has not been classified as a moderator of the market orientation–firm performance relationship. Implications for theory and practice: This study contributes to strategic management by identifying the key role of market orientation for enterprises wishing to benefit from this type of strategic orientation. The important role of the predictor – market orientation in shaping the results of micro, small and medium-sized enterprises operating at TPs in Poland has been proven. In practice, this means that increasing the level of market orientation is conducive to increasing positively assessed financial performance. Originality and value: Our research carried out at MSMEs operating in technology parks in Poland enriches and supplements knowledge about market orientation as a phenomenon of universal character because it also applies to smaller sized business organizations.

Hegemony of Network Capabilities, Frugal Innovation and Innovation Strategies: The Innovation Performance Perspective

Sustainability ◽

10.3390/su14010002 ◽

2021 ◽

Vol 14 (1) ◽

pp. 2

Author(s):

Mohamed Haffar ◽

Rasim Ozcan ◽

Magdalena Radulescu ◽

Nicoleta Isac ◽

Abdelmohsen A. Nassani

Keyword(s):

Dominant Role ◽

Innovation Performance ◽

Mediating Effect ◽

Successful Operation ◽

Frugal Innovation ◽

Innovation Strategies ◽

Medium Enterprises ◽

The emergence of advanced technologies has brought new challenges and opportunities for all kinds of business organizations. In a technologically advanced era, innovation plays a dominant role for the successful operation of the commercial landscape. Therefore, the current study was conducted to investigate the impact of network capabilities (NC) and frugal innovation (FI) on innovation performance (IP). Furthermore, the mediating role of FI and moderating role of innovation strategies has also been tested on the link between NC and IP. Small and medium enterprises (SMEs) registered with small and medium enterprises development authorities (SMEDA) were approached for the completion of the current study. Only 509 owner/managers agreed to participate. A quantitative research design was employed for the current study. During the two–three months process of data collection only 387 complete responses were received from the SMEs working in Pakistan’s big cities. Correlation, regression and bootstrap methods were applied to test the study hypotheses. The findings revealed that NC positively affect FI and IP. Furthermore, the findings also confirmed the mediating effect of FI between NC and IP link. The performance of SMEs working in emerging economies is largely based on their innovative activities. In this dynamic scenario SMEs’ survival is attached to continuous IP in their products and services.