scholarly journals Effects of CEO's Entrepreneurship in Small and Medium Enterprises and Goal Orientation of Employees on Collective Efficacy: Approaching Structural Equation Model

2012 ◽  
Vol 12 (10) ◽  
pp. 439-452
Author(s):  
Sung-Doo Kang ◽  
Young-Soon Kang
Keyword(s):  
Goal Orientation ◽  
Collective Efficacy ◽  
Structural Equation Model ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Equation Model ◽  
Medium Enterprises

Investigation of the Factors Influencing SME Failure as a Function of Its Prevention and Fast Recovery after Failure

2018 ◽  
Vol 9 (3) ◽  
Author(s):  
Nenad Nikolić ◽  
Ivan Jovanović ◽  
Đorđe Nikolić ◽  
Ivan Mihajlović ◽  
Peter Schulte
Keyword(s):  
Structural Equation Model ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Life Cycle Stage ◽  
Equation Model ◽  
Individual Characteristics ◽  
Factors Influencing ◽  
Clear Vision ◽  
Medium Enterprises ◽  
The Impact

Abstract This paper presents a conceptual framework for investigation of the factors influencing the failure of small and medium enterprises (SMEs) as well as the level of their recovery. Based on the review of literature, all the factors are classified either as individual characteristics of entrepreneurs or non-individual characteristics, that is, characteristics related to SMEs. Having in mind various factors identified by different researchers in their studies, the authors of this paper formed a basic hypothetical framework as well as a qualitative framework for evaluation of the most significant factors influencing SME failure and recovery. Accordingly, a preliminary questionnaire was designed in order to collect the attitudes of entrepreneurs regarding the impact of particular factors. The results of the survey were used for further quantitative analysis and as a base for the formation of a structural equation model for testing the proposed hypotheses. Using the structural equation model to derive results, the authors have found that all the analysed factors except the factors related to private time activities of entrepreneurs/owners of SMEs have a statistically significant influence on SME success, with external non-individual factors having the greatest influence. Furthermore, the results indicate that the level of recovery, business life cycle stage and the sector of a failed SME impact on the ranking of the factors leading to SME failure. The study points to the necessity of improving the conditions under which SMEs operate, primarily by removing the obstacles that hinder growth and development of SMEs as well as by developing the appropriate system of support for entrepreneurs. In addition, having a clear vision of the factors of failure can help SMEs to become more resistant to the adverse effects of these factors and deal with them more effectively.

An investigation of agile manufacturing enablers in Indian automotive SMEs using structural equation model

2018 ◽  
Vol 22 (3) ◽  
pp. 276-291 ◽  
Author(s):  
Mohit Goswami ◽  
Gopal Kumar
Keyword(s):  
Structural Equation Model ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Agile Manufacturing ◽  
Equation Model ◽  
Manufacturing Strategy ◽  
Content Type ◽  
Manufacturing Management ◽  
Workforce Agility ◽  
Medium Enterprises

Purpose This paper aims to analyze the agile manufacturing practices in small and medium enterprises (SMEs) within the auto-ancillary sector spread across eastern India. Using statistical method, a number of crucial insights have been captured and discussed in detail. Design/methodology/approach A structural equation model (SEM) encapsulating pertinent agile manufacturing attributes and enablers as the focal construct is conceptualized and validated in this research. The SEM model is evolved in a manner that agile attributes and agile enablers are modeled as latent dependent and manifest variable, respectively. Findings A number of key hypothesis entailing interactions of key agility enablers, i.e. manufacturing responsiveness agility, manufacturing strategy agility, workforce agility, technology agility, manufacturing management agility, etc. are conceptualized and validated. Originality/value The authors specifically focus on evolving agile manufacturing framework (characterized by agility enablers and attributes) that lies at the intersection of SMEs, automotive sector and an emerging economy.

scholarly journals Peningkatan Kinerja Pemasaran UMKM Melalui Dimensi Kewirausahaan di Kabupaten Kerinci

2020 ◽  
Vol 5 (2) ◽  
pp. 172
Author(s):  
Edia Satria ◽  
Ida Yusnita ◽  
Ayu Esteka Sari
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Structural Equation Model ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Market Performance ◽  
Equation Model ◽  
Testing Technique ◽  
Economic Problems ◽  
Medium Enterprises

Entrepreneurship is believed to be a tool to encourage economic growth to solve other economic problems, such as unemployment, poverty and social inequality. Micro, Small and Medium Enterprises is a business that plays an important role in the national economy. The success of the marketing of Micro, Small and Medium Enterprises is influenced by the dimension of entrepreneurship. The dimensions of entrepreneurship used in this study are economic entrepreneurship, resource-based entrepreneurship and human capital entrepreneurship. Respondents in this study were actors of Micro, Small and Medium Enterprises (MSMEs) in Gunung Raya Subdistrict, Kerinci Regency as many 100 respondents. The Model Testing Technique in this study used the Structural Equation Model (SEM) using AMOS. The results showed that the Entrepreneurship Dimension had a positive and significant effect on the Market Performance of MSMEs. The magnitude of the influence of entrepreneurship Dimension on Market Performance of MSMEs is 0.231 or 23.1%, so it is necessary to support entrepreneurship Dimension to increase the Market Performance of MSMEs.

How to Improve the Performance of Micro, Small, and Medium Enterprises?

2021 ◽  
Vol 9 (4) ◽  
pp. 273-282
Author(s):  
Ririn Wulandari ◽  
Wei-Loon Koe
Keyword(s):  
Data Analysis ◽  
Structural Equation Model ◽  
Structural Equation ◽  
Business Performance ◽  
Small And Medium Enterprises ◽  
Equation Model ◽  
Jel Classification ◽  
Economic Conditions ◽  
Medium Enterprises ◽  
Adequate Management

Objective - The COVID-19 pandemic has worsened economic conditions and jeopardized the performance of many micro, small and medium enterprises (MSMEs) in Indonesia. So the question arises of how to improve its performance so that MSMEs can maintain their survival in conditions like this. This study aims to answer these problems, namely to analyze the influence of management characteristics on MSME business performance with innovation as a mediator. The population in this study is MSMEs from various types of businesses in Indonesia. Methodology/Technique - A total of 123 samples were selected by stratified judgment sampling. Data were collected through self-administered questionnaires. Finding - Data analysis using structural equation model (SEM) partial least squares (PLS) program. Novelty - Based on the analysis conducted, it can be concluded that to improve the performance of MSMEs, management characteristics need to be strengthened by efforts to create innovation, because without strengthening innovation, only having adequate management characteristics will not increase MSME performance. Type of Paper - Empirical Keywords: Characteristics; Innovation; Micro small and medium enterprises (MSMEs); Performance JEL Classification: M19

scholarly journals EMPIRICAL STUDY ON THE ANTECEDENTS PREDICTING ORGANIZATIONAL RESILIENCE OF SMALL AND MEDIUM ENTERPRISES IN BANGLADESH

2019 ◽  
Vol 10 (2) ◽  
pp. 138-145
Author(s):  
Munshi Muhammad Abdul Kader Jilani ◽  
Luo Fan ◽  
Mansura Nusrat ◽  
Md. Aftab Uddin
Keyword(s):  
Empirical Study ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Equation Model ◽  
Organizational Resilience ◽  
Affective Traits ◽  
Knowledge Based ◽  
Endogenous Variables ◽  
Creative Climate ◽  
Medium Enterprises

Human values and affective traits were found to predict attitudes toward the use of different types of knowledge-based theory through creative climate. In this study (N =329), we aimed to gain a more comprehensive understanding of those predictors toward use in a structural equation model (SEM), providied a better overview of a possible structural path that drives to such antecedents for Small and Medium Enterprises (SMEs) in Bangladesh. Precisely, we predicted and found that the relations between the variables and impact of different variables were modeled and tested by applying SEM. Based on the questionnaires survey on SMEs in Bangladesh, this empirical study indicates that all the predictor variables significantly influence the endogenous variables except knowledge management (KM) and employee resilience (ER), and creative climate (CC) and organizational resilience (OR). The study provides several theoretical and practical implications for further research.

scholarly journals Efforts to Increase Marketing Performance of Small and Medium Enterprises in Central Java, Indonesia

2020 ◽  
Vol 4 (1) ◽  
pp. 11-19
Author(s):  
Mudiantono Soekirman ◽  
Fajar Ayu Suryani
Keyword(s):  
Competitive Advantage ◽  
Entrepreneurial Orientation ◽  
Small Businesses ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Distribution Channel ◽  
Equation Model ◽  
Marketing Performance ◽  
Central Java ◽  
Medium Enterprises

Business competition in the current era of globalization requires companies to have a strategy to win the market. Strategic management has an important role for the survival of the company. The existence of such competition is also felt by small businesses such as Small and Medium Enterprises (SMEs). The increase in the number of SME units in Central Java was not followed by an increase in average sales of SMEs. This study aims to analyze the effect of distribution channel, ERP implementation and entrepreneurial orientation on marketing performance with competitive advantage as an intervening variable. The population in this study were small and medium enterprises owners in Central Java. Six hypothesis were formulated for this study. To test those hypothesis, this study used 104 respondent. Structural Equation Model (SEM) was applied to this study using AMOS 24  as a tool. The results of this study shows that competitive advantage is the most variable in influencing the marketing performance, while this  competititve advantage has entrepreneurial orientation as highest variable in influencing it. This study suggests that if SMEs want to increase their marketing performance, they must increase  their competitive advantage. This competitive advantage can be increase by increasing the entrepreneurial orientation.

Towards a better understanding of intellectual capital in Mexican SMEs

2014 ◽  
Vol 15 (2) ◽  
pp. 316-332 ◽  
Author(s):  
Alain Daou ◽  
Egide Karuranga ◽  
Zhan Su
Keyword(s):  
Intellectual Capital ◽  
Structural Equation ◽  
Online Survey ◽  
Small And Medium Enterprises ◽  
Equation Model ◽  
Content Type ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
External Capital ◽  
Medium Enterprises

Purpose – The purpose of this paper is to understand the characteristics of intellectual capital (IC) in Mexican small and medium enterprises (SMEs). Due to the shift from traditional factors of production to knowledge-based economy, an understanding of the role of IC has become crucial for SMEs to develop a competitive advantage. Design/methodology/approach – This study takes an in depth look at the three components of IC: human, organizational, and external capital. In order to do so, a quantitative study on 445 SMEs was conducted based on data collected through an online survey. A structural equation model is proposed that is a fit with the reality of Mexican SMEs. Regional differences are highlighted by means of multigroup analysis. Findings – The results suggest that the features of human and organizational capital are consistent with previous studies on SMEs in emerging economies. However, external capital shows some distinctive characteristics unique to Mexican context. Practical implications – Implications for managers and policymakers are discussed, whereby an adaptation of programs and policies are required to fit the Mexican context at the national and regional levels. Originality/value – To the best of the authors knowledge, this is the first study that observes the components of IC in Mexican SMEs.

Estimating the innovation effects of university–industry–government linkages: The case of Taiwan

2009 ◽  
Vol 15 (2) ◽  
pp. 138-154 ◽  
Author(s):  
Mei-Chih Hu ◽  
John A Mathews
Keyword(s):  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Innovation Process ◽  
Equation Model ◽  
Role Of Government ◽  
Emerging Industries ◽  
Innovation Capacity ◽  
Medium Enterprises ◽  
Start Ups ◽  
University Industry

AbstractThis study focuses on university—industry—government (UIG) linkages and their influence on innovation in Taiwan. The innovation effects are estimated using a quartet of measures — technology transfers, technology licensing, firms incubated and patents granted — while the UIG influence is estimated via its differential impact according to the size of the firms involved, the type of innovation (process or product-oriented), the stage of the technology cycle, and the role of government. Using a Structural Equation Model (SEM) method to examine these interactions, the study reveals that UIG linkage effects vary with the size of company, in that the major incentive for UIG linkages for large companies is an attempt to acquire a skilled and qualified workforce, while SMEs (small and medium enterprises) tend to use them to gain marketing advantage, particularly for those SMEs or start-ups in emerging industries. The study concludes that Taiwan's innovation capacity is heavily reliant on building the capability of SMEs and continues to depend greatly on government leadership through technology-capability-enhancing institutions such as ITRI.

Estimating the innovation effects of university–industry–government linkages: The case of Taiwan

2009 ◽  
Vol 15 (2) ◽  
pp. 138-154
Author(s):  
Mei-Chih Hu ◽  
John A Mathews
Keyword(s):  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Innovation Process ◽  
Equation Model ◽  
Role Of Government ◽  
Emerging Industries ◽  
Innovation Capacity ◽  
Medium Enterprises ◽  
Start Ups ◽  
University Industry

AbstractThis study focuses on university—industry—government (UIG) linkages and their influence on innovation in Taiwan. The innovation effects are estimated using a quartet of measures — technology transfers, technology licensing, firms incubated and patents granted — while the UIG influence is estimated via its differential impact according to the size of the firms involved, the type of innovation (process or product-oriented), the stage of the technology cycle, and the role of government. Using a Structural Equation Model (SEM) method to examine these interactions, the study reveals that UIG linkage effects vary with the size of company, in that the major incentive for UIG linkages for large companies is an attempt to acquire a skilled and qualified workforce, while SMEs (small and medium enterprises) tend to use them to gain marketing advantage, particularly for those SMEs or start-ups in emerging industries. The study concludes that Taiwan's innovation capacity is heavily reliant on building the capability of SMEs and continues to depend greatly on government leadership through technology-capability-enhancing institutions such as ITRI.

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