Effect of Entrepreneur and Firm Characteristics on the Business Success of Small and Medium Enterprises (SMEs) in Bangladesh

Accounting information has an important role to achieve business success, as well as for small businesses.This research examines the effect of business experience and accounting information system used toward business success with age of business as control variable. The population of this research are small and medium enterprises (SMEs) in creative industries sector operated in Yogyakarta district. Based on purposive sampling method, total sample of this research is 200 SMEs. Statistical tool utilized to test the hypothesis in this study is path analysis using structural equation modelling (SEM). The test result shows that business experience and accounting information have positive and significant effect to the success of SMEs.

Download Full-text

Investment in Human Capital and Labor Productivity in Southern Key Economic Zone An Application of Propensity Score Matching Method

Journal of Asian Business and Economic Studies ◽

10.24311/jabes/2013.215.01 ◽

2013 ◽

Vol 215 ◽

pp. 61-86

Author(s):

DUY NGUYỄN KHÁNH ◽

OANH NGUYỄN THỊ HOÀNG ◽

TÂM NGUYỄN DUY ◽

THÀNH PHẠM TIẾN ◽

VŨ TRƯƠNG THANH

Keyword(s):

Human Capital ◽

Propensity Score ◽

Propensity Score Matching ◽

Capital Investment ◽

Small And Medium Enterprises ◽

Strategic Human Resource Management ◽

Formal Training ◽

Firm Characteristics ◽

Matching Method ◽

Medium Enterprises

This paper investigates the determinants of human capital investment in the form of formal training (off-the-job training) and estimates effects of this investment on productivity using Propensity Score Matching (PSM) method. We use data from a survey of small and medium enterprises (SMEs) in Vietnam (completed in 2010) with detailed information about training and several firm characteristics. Our estimates reveal that investment in human capital currently does not have the considerable contribution to the improvement in productivity of SMEs. This result does not support the universalistic perspective in strategic human resource management (SHRM) theoretical model

Download Full-text

The Influence of Entrepreneurship, Creativity and Business Location on Business Success

INNOVATION RESEARCH JOURNAL ◽

10.30587/innovation.v2i1.2397 ◽

2021 ◽

Vol 2 (1) ◽

pp. 51

Author(s):

Alkusani Alkusani ◽

Rida Ilmafa'ati

Keyword(s):

Quantitative Method ◽

Small And Medium Enterprises ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Business Success ◽

Significance Level ◽

Business Location ◽

Entrepreneurial Spirit ◽

Medium Enterprises

Micro, small and medium enterprises (UMKM) is one important part of the economy of a country or region. This important role has encouraged many countries including Indonesia to continue to develop UMKM. Although small in scale the number of workers, assets and turnover, but because of the large enough amount, the role of UMKM is quite important in supporting the economy. The success of UMKM is a factor supporting the improvement of various businesses, both micro, small and medium enterprises, especially in Gresik City. This study aims to determine the effect of entrepreneurial spirit, creativity and business location on the business success. of UKM. The method used in this research is quantitative method, the population of this research is 51 UKM. The analysis techn ique used is multiple linear regression analysis followed by t test with significance level 0,05. The results showed that the entrepreneurial spirit , creativity and business locat ions individually and simultaneous significantly affect the business success.

Download Full-text

ISO 14001 and 26001, Agents of Change in the SMEs

10.20944/preprints201811.0028.v1 ◽

2018 ◽

Author(s):

Luis Enrique Valdez-Juárez ◽

Elva Alicia Ramos-Escobar ◽

Dolores Gallardo-Vázquez ◽

Edith Patricia Borboa-Álvarez

Keyword(s):

Small And Medium Enterprises ◽

Ordinary Least Squares ◽

Iso 14001 ◽

Business Strategies ◽

Long Term Results ◽

Business Success ◽

Sustainable Business ◽

Agents Of Change ◽

The One ◽

Medium Enterprises

At present, business strategies in SMEs (Small and medium enterprises) are crucial for consolidation in highly competitive markets, in achieving a better image and in business profitability. One of the strategies that have the most success and business success are sustainable practices and social responsibility such as: ISO 14001 and ISO 26001. The literature related to sustainable business is based mainly on the theory of resources and capabilities, and in theory based on Stakeholders. These currents state that companies should focus on profitable strategies to ensure significant and long-term results, in order to achieve organizational and financial results for stakeholders. In this work, the sample consists of 215 companies from the commerce, services and industry sectors, located in the southern region of the State of Sonora in Mexico. The objective of the work is to analyze the influence of ISO 14001 and 26001 standards on the image and profitability of SMEs. The statistical analysis of the data has been carried out through the linear regression technique by OLS (Ordinary Least Squares). The findings prove that the ISO 14001 standard is the one that most influences the improvement of the business image and the level of profitability of the SME. In addition, we discovered that ISO 26001 has a partial influence on the image and profitability of the SME.

Download Full-text

Factors affecting business success of Small and Medium Enterprises (SMEs) in Bangladesh

Business Review ◽

10.54784/1990-6587.1336 ◽

2009 ◽

Vol 4 (2) ◽

pp. 123-138

Author(s):

Muhammad Aminul Islam ◽

Ejaz Ahmad Mian ◽

Muhammad Hasmat Ali

Keyword(s):

Small And Medium Enterprises ◽

Business Success ◽

Factors Affecting ◽

Medium Enterprises

Download Full-text

PENGARUH PENGGUNAAN INFORMASI AKUNTANSI DAN MANAJEMEN MODAL KERJA PELAKU UMKM TERHADAP KEBERHASILAN USAHA DENGAN UMUR USAHASEBAGAI VARIABEL PEMODERASI (STUDI KASUS PADA INDUSTRI KREATIF DI YOGYAKARTA)

JURNAL STIE SEMARANG ◽

10.33747/stiesmg.v12i1.394 ◽

2020 ◽

Vol 12 (1) ◽

pp. 19-32

Author(s):

Khoirunnisa Cahya Firdarini ◽

Agung Slamet Prasetyo

Keyword(s):

Structural Equation ◽

Small And Medium Enterprises ◽

Accounting Information ◽

Total Sample ◽

Creative Industries ◽

Business Success ◽

Capital Management ◽

Working Capital ◽

Working Capital Management ◽

Medium Enterprises

Small and medium enterprises (SMEs) are one of important sector of national economic that have contributed to labor absorption and Gross Domestic Product (GDP). They could survive of financial crisis both in national and global scale. This research examines the effect of accounting information and working capital management toward business success of small and medium enterprise (SMEs) with age of business as moderating variable. The population of this research are small and medium enterprises (SMEs) in creative industries sector operated in Yogyakarta district. They are handycraft, culinary and fashion. Based on purposive sampling method, total sample of this research is 200 SMEs. Hypothesis testing used is path analysis using structural equation modelling (SEM). The test result shows that accounting information and working capital management have positive and significant effect to the success of SMEs.Age of business as moderating variable also have positive and significant effect to the success of SMEs.

Download Full-text

Innovative Characteristics Among Small And Medium Enterprises In (Johor) Malaysia

International Journal of Engineering and Advanced Technology - Regular Issue ◽

10.35940/ijeat.e1022.0585c19 ◽

2019 ◽

Vol 8 (5C) ◽

pp. 150-158

Keyword(s):

Success Factors ◽

Small And Medium Enterprises ◽

Business Success ◽

Internal Factors ◽

Strategic Innovation ◽

Medium Level ◽

Survey Instruments ◽

Management Orientation ◽

Medium Enterprises ◽

Innovation Practices

Innovation is seen as a means that aids in promoting opportunities for new businesses to grow in the market. It has been proven to have a significant increase in SMEs as well as an expansion of business due to an implementation of innovation. Hence, SMEs are in competition among themselves in Malaysia even throughout the world, to improve their strategic innovation in order for them to boost productivity as well as sustain their competitive advantage. Thus, the objectives of this research are:(1) To identify the external business success factors being implemented by the SMEs in Johor. (2) To identify the internal business success factors being implemented by the SMEs in Johor. (3) To investigate the current level of innovative practices among SMEs in Johor. (4) To identify the relationship between external and internal factors with innovative practices among SMEs in Johor. Data was collected from 152 respondents of SMEs from all sectors in Johor. SPSS version 22 was used to analyze of the data. The findings confirmed that the survey instruments used were reliable. The findings enlighten that there is a significant positive relationship between external factors (Financial resource, Government supported developments, Market dynamics, and Academia-industry collaborations) on another hand, the internal factors (Organizational culture, and Management orientation) with innovation practices. The study also found that the level of innovation practices among SMEs in Johor was at a medium level. This study recommended to apply this study in other states within Malaysia and in other countries, Besides comparing innovative practices of locally managed SMEs and SMEs managed by foreign entities can increase our understanding of SME innovation practices. The study focused on SMEs, may better to examine large companies and identify whether they have similar outcomes.

Download Full-text

Regional Policy and Regional Marketing at the Level of Small and Medium-sized Enterprises in Slovakia

Political Preferences ◽

10.31261/polpre.2020.26.41-54 ◽

2020 ◽

pp. 41-54

Author(s):

Lenka Labudová ◽

Denisa Jánošová

Keyword(s):

Regional Policy ◽

Small And Medium Enterprises ◽

Theoretical Perspective ◽

External Factors ◽

Business Success ◽

Main Question ◽

Marketing Communication ◽

Research Questions ◽

Entrepreneurial Activities ◽

Medium Enterprises

The article focuses on the characteristics of regional policy, regional development, regional marketing and regional marketing communication from a theoretical perspective. Subsequently, we characterize research that was realized in 2019 and included V4 countries - Slovakia, Poland, Hungary, Czech Republic, along with Serbia. Its aim was to characterize the main reasons of the failure of small and medium-sized enterprises and approach the current challenges of small and medium entrepreneurships, the main question we tried to answer was- How to prevent SMEs from failure? The activities related to the project led to the clarification of different aspects of business activities that can lead to successful and/or unsuccessful entrepreneurial activities. For the purpose of this article, we have selected eight research questions from Slovakia that are currently relevant to the topic of the article. We outline the main obstacles to business success in Slovakia, we characterize external factors that created business difficulties and three questions deal with marketing and marketing communication, because standing in a strong competitive environment requires, among other things, the ability to sell one´s business to customers. The aim of the article is to point out the factors that influence business and success in the market of small and medium enterprises in Slovakia.

Download Full-text

Pengaruh Kemampuan Manajerial Terhadap Keberhasilan Usaha

Jurnal Riset Bisnis dan Investasi ◽

10.35697/jrbi.v1i3.52 ◽

2016 ◽

Vol 1 (3) ◽

pp. 30

Author(s):

Andhika Agung Pamungkas ◽

Maya Setiawardani

Keyword(s):

Small And Medium Enterprises ◽

Secondary Data ◽

Primary Data ◽

Business Success ◽

Business World ◽

External Resources ◽

Internal Resources ◽

Shoe Industry ◽

Industry Center ◽

Medium Enterprises

The business world is much in demand by many people in the world and especially in Indonesia, evidenced by many new businesses that have sprung up, be it micro, small, and medium enterprises (SMEs) and large businesses. Competition and the development of the business world are getting stronger and sharper, so to improve the handling of a serious effort is required of every entrepreneur to be able to compete with other companies. Where one of the efforts to increase business success is by increasing the internal and external resources. Including that competition and business development that occurs in the center of the shoe industry Cibaduyut Bandung. This study aims to determine how the influence of managerial capability as one of the internal resources to business success entrepreneurs shoes in the shoe industry center Cibaduyut Bandung. The population in this study consisted of 128 shoe entrepreneurs which produce their product by themselves. In this study, the independent variable is the managerial ability and the dependent variable is the success of the business. Data collected through questionnaires for primary data and documentation for secondary data. Data were analyzed using simple linear regression technique with SPSS 22.00 program for Windows. Results of the study provide findings that the managerial capabilities have positive and significant effect on business success.

Download Full-text

Role of Information System Strategies, Business Intelligence and Analytics used to Enhance Firm Performance: Mediating role of Innovation Ambidexterity

Journal of Digitovation and Information System ◽

10.54433/jdiis.2021100006 ◽

2021 ◽

Vol 1 (2) ◽

pp. 13-24

Author(s):

Tahir Ahmad ◽

Altaf Akbar

Keyword(s):

Information System ◽

Firm Performance ◽

Business Intelligence ◽

Least Squares Method ◽

Small And Medium Enterprises ◽

Business Success ◽

Mediating Role ◽

Medium Enterprises ◽

Partial Least Squares Method

The objective of this research is to examine the aspects of Information System (IS) strategies, Business Intelligence, and Analytics (BI&A) used to enhance firm performance. The main purpose of this study is to assess the influence of IS strategy, BI&A impact on firm performance as well as to demonstrate the association of innovation ambidexterity between BI&A and firm performance. Statistically analyzed results were based on data obtained from a survey questionnaire filled out by 322 Indonesian, China, Japan, and Malaysian Small and Medium Enterprises employees. The findings revealed that IS strategies, business intelligence, and analytics use have a significant influence on firm performance. The findings also revealed that innovative adaptability is a mediating factor in the favourable relationship between BI&A use and business success. All of the hypotheses were supported and the partial least squares method was used to test them.

Download Full-text