scholarly journals The Role of Small and Medium Enterprises in Perspective of Labour Abundant Economy of Pakistan

2021 ◽  
Vol 3 (1) ◽  
pp. 61-76
Author(s):  
Imdad Ali Khowaja ◽  
Sikandar Hussain Soomro ◽  
Muhammad Nawaz
Keyword(s):  
Small And Medium Enterprises ◽  
Scale Up ◽  
The Public ◽  
Financial Firms ◽  
Medium Enterprise ◽  
Employment Generation ◽  
Medium Enterprises ◽  
Test Result ◽  
Sme Financing

The small and medium enterprise sector has played a significant role in theincome and employment generation in the developed and developingeconomies. The current study is conducted to find out the potential of theSMEs to achieve the economic and social objectives. The survey data of 300SMEs indicates the wider gap between the demands for SME financing and thesupply-side. The test result p<0.05 indicates that the lack of access to capitalinvestment, finance, and support from the public sector institutions to upgradethe technology and commutation means are the major obstacles for the SME'sto scale-up their performance in the current market reforms. While the resultof the regression model (r=0.992) indicates a strong correlation between thevariables. In fact, those SME's had overcome the issues of technology,communication, dearth of functional barriers because they had the access tothe formal sources of financing. Therefore, to attain the target of 10 millionjobs and reduce unemployment in the country, the policymakers have to makenecessary arrangements to establish new financial sources and facilitate theexisting financial firms to expand their network for the advancement andmodernization of SMEs operating in the formal and informal fold of theeconomy.

SOSIALISASI PENDAFTARAN NPWP BAGI PRIBADI DAN PEMILIK UMKM DI DESA KANGKUNG, KECAMATAN MRANGGEN KABUPATEN DEMAK

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Maya Aresteria ◽  
Apip Apip ◽  
Deddy Sulestiyono ◽  
Rosdayah Fairuz Hitsotsu
Keyword(s):  
Community Service ◽  
Small And Medium Enterprises ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Training Activities ◽  
Medium Enterprises ◽  
Service Location ◽  
And Training

ABSTRACT -  Small and Medium Enterprise (SME) also known as UMKM is growing rapidly and has become one of many sectors to support the Indonesian Economy. The lack of ability to have NPWP has been a problem for UMKM and also people. The same problem also found at UMKM in Kangkung Village. The purpose of this community service is to train the entrepreneurs about preparing and register oneself to get a NPWP. This community service is consist of four steps which started by survey of service location then collecting data on village potentials and the role of the community , Preparation for the implementation of assistance and training and training activities. After participating in the training, the entrepreneurs become more understanding and can register NPWP. This community service is expected to be held continuously for the UMKM in Kangkung village Keywords: Small and Medium Enterprises, UMKM, NPWP

Borrower Discouragement: Loan Delays and Loan Rejection: Evidence from MSMEs in the State of Assam in India

2020 ◽  
Vol 47 (2) ◽  
pp. 95-103
Author(s):  
Rashmi Sarda ◽  
Devi Baruah
Keyword(s):  
Regional Development ◽  
Small And Medium Enterprises ◽  
Export Promotion ◽  
Vital Role ◽  
The State ◽  
Bank Credit ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Employment Generation ◽  
Medium Enterprises

In India micro, small and medium enterprises (MSMEs) play a vital role in the development of economy through their contribution to GDP, employment generation, regional development, export promotion, etc. Irrespective of the achievements of the small and medium enterprise (SME) sector, there are certain issues which eclipse desired growth. Availability of ample and timely credit at reasonable rate of interest is vital for the development of these sectors. There seems to be a gap between demand for and supply of the bank credit to SMEs. The delay in processing of credit and the rate of rejections discourage the borrowers from applying for credit. Hence, this article aims to analyse the discouragement faced by MSME loan applicants from the evidence of rejections and delays in advancing loans in Jorhat district in the state of Assam in India.

Unravelling SMEs’ participation and success in public procurement

2020 ◽  
Vol 20 (4) ◽  
pp. 377-401 ◽  
Author(s):  
Carmela Di Mauro ◽  
Alessandro Ancarani ◽  
Tara Hartley
Keyword(s):  
Small And Medium Enterprises ◽  
Public Procurement ◽  
Sample Selection ◽  
Cross Sectional ◽  
Content Type ◽  
Factors Affecting ◽  
The Public ◽  
Ex Post ◽  
Medium Enterprises

Purpose This paper aims to investigate the role of micro, small and medium enterprises (MSMEs) within the Canadian public procurement, by seeking to identify barriers and supporting factors of MSMEs’ participation and success in public tenders. Design/methodology/approach The empirical analysis builds on a unique survey run by the Canadian federal government, which addressed firms either participating or not participating in public tenders. Model estimation on the survey data relies on sample selection methodologies, which allow separating determinants of MSMEs’ decision to participate from determinants of success. Findings Results provide evidence that costs stemming from asset specificity and uncertainty (e.g. costs of bidding, requirements for participation, bundling of contracts and award rules based on minimum price) affect participation in public procurement. Within MSMEs, micro-firms are the most discouraged from participating. However, after controlling for factors affecting participation, micro-firms emerge as having a higher success rate, possibly because of high specialization and joint participation with larger firms. Research limitations/implications Because of the cross-sectional nature of the data used for hypotheses testing, endogeneity may arise if ex post variables affect ex ante decisions. This may apply if participation in procurement feeds on success in past tenders. Social implications Findings may inform policies for the inclusion of smaller firms in the public marketplace. Originality/value To the best of the authors’ knowledge, this study is the first attempting to disentangle determinants of participation in public tenders from determinants of success. Separating the two aspects helps fine-tune SME-friendly public procurement policies, by identifying actions that effectively facilitate success of MSMEs in public tenders.

scholarly journals The Role of Small and Medium Enterprises (SMEs) in Employment Generation and Economic Growth: A Study of Marble Industry in Emerging Economy

2019 ◽  
Vol 10 (6) ◽  
pp. 174
Author(s):  
Lara Al-Haddad ◽  
Muhammad Safdar Sial ◽  
Imdad Ali ◽  
Rahmat Alam ◽  
Nguyen Vinh Khuong ◽  
...  
Keyword(s):  
Economic Growth ◽  
Positive Relationship ◽  
Small And Medium Enterprises ◽  
Income Level ◽  
Vital Role ◽  
Employment Opportunities ◽  
Policy Frameworks ◽  
Employment Generation ◽  
Medium Enterprises

This study is undertaken to find out how SMEs contribute to the economy in terms of employment generation and its impact on the economic growth of the country. Small and Medium Scale Enterprises (SMEs) is accepted globally as a tool for empowering the citizenry and economic growth. In Pakistan efforts have been made by successive governments to increase employment opportunities, reduce poverty and accelerate economic growth by increasing foreign direct investment, diversifying the economy, enacting policy frameworks which favor small business ownership and entrepreneurship programs. Specifically, this study tends to figure out: how SMEs contribute to employment generation, whether a significant number of people is employ within the SME sector; whether the SMEs increase the income level of people. The total number of employees was 255 being selected randomly from Swat marble industries. A questionnaire was constructed and distributed to the selected respondents. The responses were collected and analyzed using the Statistical Package for Social Sciences (SPSS) analytical tool. The study exposes that SMEs play a vital role in employment generation. There is a positive relationship between SMEs and unemployment reduction. The result also shows that there is a positive relationship between SMEs and increase in income level. This study may be beneficial both for practitioners and academicians. For practitioners, the current study may help to devise policies and strategies concerning SMEs to generate employment opportunities. The current study may lead to the generalizability of existing research in the same field as for academic aspect is a concern.

scholarly journals IMPLEMENTATION OF LEGAL PROTECTION BY THE GOVERNMENT IN ORDER TO EMPOWERMENT OF MICRO SMALL MEDIUM ENTERPRISE TO REALIZE THE JUSTICE ECONOMY (Research Study: The Office of Cooperative and Micro Small and Medium Enterprise Province of Central Java)

2019 ◽  
Vol 4 (1) ◽  
pp. 105
Author(s):  
Raden Ani Eko Wahyuni ◽  
Darminto Hartono
Keyword(s):  
Research Study ◽  
Small And Medium Enterprises ◽  
Legal Protection ◽  
Economic Democracy ◽  
Central Java ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises ◽  
Role Of The Government

Micro, Small and Medium Enterprises try to grow and develop their business in order to build a national economy based on equitable economic democracy. The position of MSMEs is very important in economic development It is very important to do protection. Protection of MSMEs is assistance and support made by the government towards MSMEs. Protection in legal action, assistance in the production process to marketing and support in terms of capital. There is a debate that is found is how to issue law by the government in empowering MSMEs to realize equitable economic prosperity.The research in this paper used a normative juridical research method. The approach used in this study is socio legal approach which the law is conceptualized as a set of regulation that is valid in the society and the validity will be affected by other factors.This study intends to measure the extent of the role of the government and what efforts are being made especially by regional governments, in this case the Central Java Provincial Office of Cooperatives and SMEs in implementing legal protection in empowering MSMEs to realize economic welfare. 

scholarly journals Strategi Peningkatan Daya Saing Usaha Kecil dan Menengah (UKM) Berbasis Kaizen

2016 ◽  
Vol 13 (2) ◽  
pp. 641 ◽  
Author(s):  
Andi Suranta Meliala ◽  
Nazaruddin Matondang ◽  
Rahmi M Sari
Keyword(s):  
Human Resources ◽  
Small And Medium Enterprises ◽  
Global Competition ◽  
Economic Community ◽  
Medium Enterprise ◽  
World Economic ◽  
Primary Focus ◽  
Asean Economic Community ◽  
Medium Enterprises

The economy was one factor the progress of a country. Each country competing to increase the productivity of the economy. Indonesia's economy ranks 17 world. Economic growth in Indonesia is very significant that was not separated from the role of small and medium enterprises (SMEs) that support the growth of exports and imports, one that can be seeded SMEs are SMEs manufacture of shoes. The role of SMEs that are so large and significant must always be maintained and developed to be able to compete in an era of global competition such as the implementation of the Asean Economic Community (AEC) in January 2015. Problems that interfere with the development and productivity of SMEs shoes, particularly around Medan city will be divided into 4 categories, namely: (1) human, (2) process, (3) facilities, and (4) Business competition. Based on this research, it is known that the most important issues that affect the development of SMEs in Medan shoe is its human resources. Solving these problems will be done with the Kaizen strategy (5S) which will be combined with the concept of training within industry (TWI) and the concept of P-Course. These improvements will result in strategies to increase the overall productivity of SMEs working with the primary focus is working and will evaluate the system works. This strategy is expected to fix the weaknesses of existing SMEs shoes, in order to face the global competition that will come.Keywords: Small medium enterprise (SMEs), kaizen, training within industry (TWI), pcourse concept, 5S conceptAbstrak Perekonomian adalah salah satu faktor kemajuan suatu negara. Setiap negara bersaing ketat untuk meningkatkan produktvitas perekonomiannya. Perekonomian Indonesia saat ini menempati urutan ke 17 dunia. Pertumbuhan ekonomi di Indonesia yang sangat signifikan ternyata tidak lepas dari peran dari usaha kecil dan menengah (UKM) yang menopang pertumbuhan ekspor dan impor, salah satu UKM yang bisa diunggulkan adalah UKM pembuatan sepatu. Peran UKM yang begitu besar dan signifikan harus terus dijaga dan dikembangkan untuk bisa bersaing pada era persaingan global seperti penerapan Masyarakat Ekonomi Asean (MEA) pada januari 2015. Permasalahan yang mengganggu perkembangan dan produktivitas dari UKM sepatu, khususnya di sekitar Kota Medan akan dibagi kedalam 4 kategori, yaitu:(1) manusia, (2) proses, (3) fasilitas, dan (4) Persaingan usaha. Berdasarkan hasil penelitian, diketahui bahwa permasalahan yang paling utama yang mempengaruhi perkembangan UKM sepatu di Kota Medan adalah sumber daya manusianya. Pemecahan permasalahan ini akan dilakukan dengan strategi Kaizen (5S) yang akan dipadukan dengan konsep Training within industry (TWI) dan konsep P-Course. Perbaikan ini akan menghasilkan strategi-strategi untuk peningkatan produktivitas kerja UKM secara keseluruhan dengan fokus utama adalah pekerja dan sistem kerjanya. Strategi ini diharapkan mampu membenahi kelemahan UKM sepatu yang ada, guna menghadapi ketatnya persaingan global yang akan datang. Kata kunci: Usaha kecil dan menengah (UKM), kaizen, training within industry (TWI),konsep p-course, konsep 5S

scholarly journals Framework for Oman’s Economic Development through Small & Medium Enterprise

2020 ◽  
pp. 1-7
Author(s):  
Dr. Subrahmanian Muthuraman ◽  
Mohammed Al Haziazi ◽  
Rengarajan Veerasamy ◽  
Nasser Al Yahyaei
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Technological Development ◽  
Sultanate Of Oman ◽  
Wealth Creation ◽  
Medium Enterprise ◽  
Medium Enterprises

Enhancing small business development and promoting entrepreneurship would be a good strategy to contribute and promote economic development. From the socio-economic development viewpoint, SMEs provide a variety of benefits. The purpose of this study is to examine the link between economic growth and small and medium enterprise performance and develop a conceptual framework in Oman context.Desk Research technique was conducted for this study. The contribution which small and medium businesses can make to national economy and wealth creation needs to be recognized by the governments from the beginning and be considered as part and parcel of the economic development process. SMEs are the major growing force behind the growing economy of the Sultanate of Oman. Experts and economists are unanimous about the role of small and medium enterprises in the development of Oman’s economy. Small and medium enterprises, now representing the largest category in the economic sector, will complement the activities of large-scale businesses as industrialization gains pace in Oman. There is a need to emphasize the role of SME entrepreneurs in economic development, and to ascertain the role of SMEs in capacity building, employment generation, promoting competitive market, technological development for the economic growth of the Sultanate of Oman.

scholarly journals Resilience ability and small medium enterprise (SME) survival rate in the middle of business environmental fluctuation

2020 ◽  
Vol 2 (1) ◽  
pp. 1-30
Author(s):  
Ahmad Syaiful Affa ◽  
Muh. Ghafur Wibowo ◽  
Izra Berakon
Keyword(s):  
Survival Rate ◽  
Small And Medium Enterprises ◽  
Environmental Turbulence ◽  
Primary Data ◽  
Organizational Resilience ◽  
Environmental Fluctuation ◽  
Medium Enterprise ◽  
Medium Enterprises ◽  
Moderating Role

Purpose – This study examines the effect of organizational resilience variables on the firm’s survival rate and the moderating role of environmental turbulence variables in the relations of organizational resilience and firm survival.Method – This study uses simple regression to test research hypotheses. Primary data in the form of questionnaires are obtained from Small and Medium Enterprises (SMEs) in Java.Result – The analysis shows that organizational resilience variables can improve the firm’s survival. However, this study did not find the moderating role of environmental turbulence in influencing the relationship between organizational resilience variables and firm survival.Implication – This study can help scholars and practitioners to understand more of the mechanism of organizational resilience and its impact on survival on smaller firms.Originality – This study offer the empirical study of firm survival on small-medium enterprise setting in Indonesia.

scholarly journals Peran Pemerintah Dalam Pembinaan Usaha Kecil Menengah Di Kabupaten Enrekang

2017 ◽  
Vol 3 (1) ◽  
pp. 01
Author(s):  
Devi Chandra Nirwana ◽  
Muhammadiah Muhammadiah ◽  
Muhajirah Hasanuddin
Keyword(s):  
Case Studies ◽  
Small And Medium Enterprises ◽  
Role Of Government ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
The Government ◽  
Medium Enterprises

The study aims to know the role of government in the development of small and medium enterprises in the district of Enrekang. The kind of research that is used which is a qualitative with the type case studies. Source used in this study as many as nine people. Techniques of collecting the data used in research, the observation, interviews, and documentation. The results of this study hows that the goverment of Enrekang’s role is a facilitator, regulator, and catalyst. Measures taken by the government of Enrekang, it’s very helpful community in improving small and medium enterprise, there were some communities that have been able to grow its business, but the government of Enrekang still need to further improve the development of the business.Keyword: role, the goverment,  the founding UMKM      Penelitian ini bertujuan untuk mengetahui peran pemerintah dalam pembinaan usaha kecil menengah dikabupaten enrekang.Jenis penelitian yang digunakan  yaitu kualitatif dengan tipe studi kasus. Informan yang digunakan dalam penelitian ini sebanyak sembilan orang.Teknik pengumpulan data yang digunakan dalam penelitian ini yaitu observasi, wawancara, dan dokumentasi.Hasil penelitian ini menunjukan bahwa pemerintah kabupaten enrekang sudah menjalakan perannya yaitu sebagai fasilitator, regulator dan katalisator.Tindakan yang dilakukan oleh pemerintah kabupaten Enrekang, sudah sangat membantu masyarakat dalam meningkatkan usaha kecil menengah,sudah ada beberapa masyarakat yang sudah mampu mengembangkan usahanya, tapi pemerintah kabupaten Enrekang masih perlu untuk lebih meningkatkan pembinaan kepada pelaku usaha.Kata kunci: peran, pemerintah, pembinaan UMKM 

Small and Medium Enterprises' Challenges of Accessing Microfinance in Nigeria

2021 ◽  
pp. 1454-1478
Author(s):  
Atsede Woldie ◽  
Uruemuesiri Ubrurhe
Keyword(s):  
Subject Matter ◽  
Growth And Development ◽  
Small And Medium Enterprises ◽  
Technological Development ◽  
Current Debate ◽  
Medium Enterprise ◽  
The Subject ◽  
Employment Generation ◽  
Qualitative Relationship ◽  
Medium Enterprises

Despite the fact that small and medium enterprises have been viewed as a major promoter of technological development and employment generation in Nigeria, the sector has been neglected by successive governments (Gideon, 2015). This has resulted in unpalatable consequences on the economy (Gideon, 2015). The major challenge of the sector is poor funding (Afolabi & Ehinomen, 2015). Consequently, policies and efforts should be geared towards accelerating the growth and development of the sector (Afolabi & Ehinomen, 2015). According to Onwumere, (2000) a lack of funding has been a specific obstacle to investment and growth in the sector. The need to contribute to the current debate, update knowledge on the subject matter and make informed recommendations when implemented will lead to a change in fortune for the small and medium enterprise sector in the Nigerian economy which has informed this study. The chapter sets out to explore the qualitative relationship between small and medium enterprises and banks. Despite the fact that small and medium enterprises have been viewed as a major promoter of technological development and employment generation in Nigeria, the sector has been neglected by successive governments. This has resulted in unpalatable consequences on the economy. The major challenge of the sector is poor funding. Consequently, policies and efforts should be geared towards accelerating the growth and development of the sector. A lack of funding has been a specific obstacle to investment and growth in the sector. The need to contribute to the current debate, update knowledge on the subject matter and make informed recommendations when implemented will lead to a change in fortune for the small and medium enterprise sector in the Nigerian economy which has informed this study. The chapter sets out to explore the qualitative relationship between small and medium enterprises and banks.

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