THE SCOPE AND FORMS OF INFLUENCE OF THE STATE ON DEVELOPMENT OF THE SECTOR OF SMALL AND MEDIUM ENTERPRISES. LEGAL AND SOCIAL ASPECTS

2018 ◽  
Vol 4 (2) ◽  
pp. 469-482
Author(s):  
Dariusz Reśko
Keyword(s):  
Small And Medium Enterprises ◽  
Dynamic Environment ◽  
Legal Aspects ◽  
Small Enterprises ◽  
The European Union ◽  
Great Opportunity ◽  
Medium Enterprises ◽  
Favorable Conditions ◽  
Political Economic

Formulated speculations about supporting small and medium enterprises have their sources in various environments: political, economic as well as social. It shows how important is the role of small and medium-sized enterprises. The expansion of the SME support system at the program and institutional level becomes very important, which allows to obtain favorable conditions for their functioning and development. As a result, SMEs in the SME sector operate in a complex and dynamic environment with various aid factors. Support factors and their various forms can be a great opportunity for company development. This thesis author believes that state interventionism in Poland is necessary in this sphere of economy, since the consequence of Poland’s accession to the European Union was and still is the “collision” of Polish small enterprises with their competitors from the EU countries. The paper presents both economic and statistical as well as legal aspects of enterprises functioning on the SME market.

scholarly journals Strategic Planning and Competitive Advantage of ICT Small and Medium Enterprises in Kenya

2013 ◽  
Vol 1 (1) ◽  
pp. 191 ◽  
Author(s):  
Zachary B. Awino
Keyword(s):  
Strategic Planning ◽  
Competitive Advantage ◽  
Small And Medium Enterprises ◽  
Critical Role ◽  
Dynamic Environment ◽  
Business Environment ◽  
Positive Influence ◽  
Balanced Score Card ◽  
Medium Enterprises

The Paper is the research findings on the role of strategic planning and competitive advantage of ICT Small and Medium Enterprises in Kenya. Literature suggests that the contemporary business environment in which organisations operate is increasingly becoming uncertain and unpredictable. Significant changes are mostly driven by technological changes, globalisation and trade liberalisation. As a result, like large enterprises, SMEs are facing new and unexpected challenges that threaten their competitiveness. While most countries acknowledge the critical role that SMEs contribute to their economies, both as an engine of growth and sustainable development, many questions still remain unanswered as to the determination of the critical challenges facing SMEs and how these challenges could be addressed to improve their competitiveness. These challenges have increased the need for empirical information which is essential for decision making in addressing issues that are likely to enhance SMEs survival and growth. It is noted that there has been no adequate research studies on the role of strategic planning and competitive advantage of SMEs. This study contributes to the need to address the research gaps and thus explored the role of strategic planning and competitive advange of SMEs in Kenya. The study population consisted of 238 ICT SMEs from Nairobi and its environs. A sample size of 146 firms constituting 61 per cent of the total population was selected through stratified sampling. The study aimed to collect data from 438 respondents from top, middle and lower management teams. Structured questionnaires with closed and open ended questions was used for data collection, 239 responses were received from 123 ICT firms a response rate of 55 per cent and 84.2 per cent respectively. Key characteristics of strategic planning including formality, environmental analysis processes both internal and external orientations, strategies adopted, and implementation and control were recorded. Data analysis was done using descriptive statistics, factor analysis, t-test, ANOVA, correlation, correlation matrixes and regression analysis. The key findings revealed that strategic planning has significant and positive influence in performance of SME’s. The test of hypothesis revealed that strategic planning has positive and significant influence on competitive advantage. The study demonstrated strategic planning as a learning tool and a strategic resource which is consistent with the underlying assumptions of resource based theory, systems theory, chaos theory and balanced score card model assumptions. It is envisaged that, this kind of research is likely to generate useful discussions on the role of strategic planning and performance, of SMEs. It is apparent that entrepreneurs of SMEs cannot ignore strategic planning as significant changes in competitive advantage is the result of change or effective application of strategic planning. Policy makers and academicians may need to address the capacity needs of SMEs and develop strategic planning model that address the challenges that SMEs encounter in a dynamic environment.

scholarly journals Resource Efficiency and Circular Economy in European SMEs: Investigating the Role of Green Jobs and Skills

2021 ◽  
Vol 13 (21) ◽  
pp. 12136
Author(s):  
Francesca Bassi ◽  
Mariangela Guidolin
Keyword(s):  
Circular Economy ◽  
Latent Class ◽  
Small And Medium Enterprises ◽  
Latent Class Model ◽  
Resource Efficiency ◽  
The European Union ◽  
Green Jobs ◽  
Multilevel Latent Class Model ◽  
Medium Enterprises

This study explored the size and potential of green employment for circular economy (CE) in small and medium enterprises (SMEs) in the European Union, and investigated the role of green jobs and skills for the implementation of CE practices. The data were collected in a Eurobarometer survey, and refer to resource efficiency, green markets, and CE procedures. Lack of environmental expertise is one of the factors that might be perceived as an obstacle when trying to implement resource-efficiency actions. Previous research has shown that, although resource-efficiency practices are adopted by firms in all European countries, there are differences both within and between countries. The analysis of the determinants of green behavior by European SMEs was completed by a study of heterogeneity across firms and within countries with a multilevel latent class model, a hierarchical clustering method. A general important observation is that having no workers dedicated to green jobs is strongly correlated to the probability of adopting resource-efficiency practices, while perceiving the need of extra environmental skills has a positive effect on the intention to implement actions in the future. Other characteristics of the firms play a significant impact on resource efficiency: in general, older and bigger firms, with larger yearly turnover, are more prone to implement actions.

scholarly journals Problem pomocy dla małych i średnich przedsiębiorstw w Polsce po akcesji do Unii Europejskiej

2010 ◽  
Vol 6 ◽  
pp. 310-323
Author(s):  
Janina Pach ◽  
Mieczysława Solińska
Keyword(s):  
European Union ◽  
Competition Policy ◽  
Small And Medium Enterprises ◽  
State Aid ◽  
The European Union ◽  
The Common ◽  
Medium Enterprises ◽  
Investment Capacity ◽  
Crucial Condition

Small and medium enterprises (SME) play an important role both in Poland and other countries of the European Union. Their contribution both as a percentage of the total number of enterprises, in general employment and in the production of particular products and gross domestic product confirms their importance for economy.The role of SME in Poland would be greater if the indicator of their activity (which is now below 50%) was higher, and the sustainability of SME’s was improved. Moreover, the crucial condition for enlargement of SME’s importance is the improvement of their investment capacity and increasing expenditure on research and development in this sector. About 50% of entrepreneurs fail to make any investments and do not conduct any research that determine national and international competitiveness. There are many reason for this situation, especially financial limitations, which can be supplemented by state aid. However, there are some restrictions on supporting SME’s by government as a result of the Common European Competition Policy. One of its basic rules is prohibition of state aid that deforms and limits competition, which is a base of economic development. In this situation state aid is allowed only on condition that its implementation does not restrict competition. The size and type, conditions and circumstances of state aid and its duration are precisely stipulated by the regulations.

scholarly journals The Role Of Small Micro Enterprises In Production Snack And Product Innovation Towards Additional Community Economic Income In Tangerang City

2021 ◽  
Vol 19 (1) ◽  
pp. 87
Author(s):  
Heri Satrianto ◽  
Berlin Silaban ◽  
Rinintha Parameswari
Keyword(s):  
Product Innovation ◽  
Small And Medium Enterprises ◽  
Small Enterprises ◽  
Micro And Small Enterprises ◽  
Medium Enterprises ◽  
Positive Effect ◽  
Micro Enterprises ◽  
Economic Income

The study is intended to determine The Role of Small Micro Enterprises in Production Snack and Product Innovation towards an Additional Community Economic in Tangerang City. Micro small and medium enterprises (MSMEs) have an important role in the economy of Indonesian society. Indonesia government also views the existence of MSME businessman as important. The existence of MSMEs can have an effect on increasing people's income and also with the innovation of snacks that can attract consumers. The method used quantitative which was taken, it can be conclude that Whereas t count is 6,453> t table is 1,985 and the sig o.oo value <0.05, this shows that the role of Micro and Small Enterprises in production snacks has a significant and positive effect on the addition of community economic income in Tangerang City. That t count is 5,568> t table is 1,985 and the sig o.oo value <0.05, this shows that product innovation has a significant and positive effect on the addition of community economic income in Tangerang City. Whereas F count is 161,927> from F table of 3.09 and sig value of 0,000 <0.05, this shows that the Micro and Small Entrepreneurs Production snacks together with product innovation have a significant and positive effect on the addition of community economic income in Tangerang City.

scholarly journals Support of local entrepreneurship: An empirical investigation for Serres-Greece

Spatium ◽  
2013 ◽  
pp. 16-21 ◽  
Author(s):  
Chrysanthi Balomenou ◽  
Marianthi Maliari
Keyword(s):  
Empirical Investigation ◽  
Small And Medium Enterprises ◽  
Local Development ◽  
The Internet ◽  
The European Union ◽  
Greek Language ◽  
Moral Hazards ◽  
Medium Enterprises ◽  
The Eu

This paper is divided into two parts, one theoretical and one empirical. The research deals with entrepreneurs that received loans from National Fund for Entrepreneurship and Development (ETEAN in Greek language). ETEAN provided enterprises with non interest or low interest loans based on state guarantees. The main objective of this research is to examine the project\'s effectiveness and its contribution into local development on Regional Unity of Serres, Central Macedonia, Greece. The first part is divided into two sections. A comparative analysis of guarantees to small and medium enterprises (SME?s) is presented in the first part referring to the European Union and in the second part to Greece. Particularly, in the first section of our paper presented data concerning guarantees provided in the EU. At the second section presented data which indicate the role of ETEAN?s programs into the contribution of local development in Greece and the moral hazards due to state provided guarantees. Furthermore, obstacles that entrepreneurs face when they applied for guarantee loans are analyzed in this part. Our data were extracted during the last three years by the extensive use of web links on the internet. Most data were taken from the websites of above mentioned ETEAN, the Pan-European Gateway to Business and Innovation Financing, the Gateway to European Research and Development and B.I.S. At the second part presented the results of our research based on 200 entrepreneurs in Serres who receive loans from ETEAN. The results analyzed with the use of descriptive statistical methods and correlations. It is noticeable that businessmen?s answers are similar to those deduced from the results of the researches that have been referred to in bibliography. In the final part of this paper the main conclusion is pointed out and that is that those programs which provide enterprises low interest or non interest loans support local development.

OPEN INNOVATION NETWORKS: THE ROLE OF INNOVATIVE MARKETPLACES FOR SMALL AND MEDIUM ENTERPRISES' VALUE CREATION

2011 ◽  
Vol 08 (03) ◽  
pp. 437-453 ◽  
Author(s):  
VALENTINA NDOU ◽  
PASQUALE DEL VECCHIO ◽  
LAURA SCHINA
Keyword(s):  
Value Creation ◽  
Open Innovation ◽  
High Performance ◽  
Small And Medium Enterprises ◽  
Dynamic Environment ◽  
Innovation Networks ◽  
New Paradigm ◽  
Innovation Approach ◽  
Medium Enterprises

The article is focused on the explanation of the benefits of an open innovation approach in order to drive small and medium enterprises within the actual dynamic environment. In particular, the article gives evidence of the capability of the new paradigm in enabling innovative patterns of growth and development, especially for the small segment, not able to overpass a lot of constraints for achieving high performance by itself. We argue that firms' innovation can be carried out through open innovation platforms, in which they will grasp the most important benefits and opportunities in order to catch the value creation.

scholarly journals Small and Medium enterprises in the Kingdom of Saudi Arabia between Reality and Hope, according to 2030 Vision: An Empirical Study: المشروعات الصغيرة والمتوسطة في المملكة العربية السعودية بين الواقع والمأمول، في ضوء رؤية 2030م: دراسة تطبيقية

2020 ◽  
Vol 4 (9) ◽  
Author(s):  
Ali Nageh Ali Mansour
Keyword(s):  
Saudi Arabia ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Lessons Learned ◽  
Comparative Approach ◽  
Small Enterprises ◽  
Kingdom Of Saudi Arabia ◽  
Vision 2030 ◽  
Medium Enterprises

The aim of this research is to analyze the most important obstacles and challenges facing small and medium enterprises within the Kingdom of Saudi Arabia in the light of international experiences, and to analyze and evaluate the role of the Small and Medium Enterprises Authority “Monshaat” in facing challenges facing small and medium enterprises inside the Kingdom; and to know the true reality of small and medium enterprises in The Kingdom of Saudi Arabia as well as reaching the hoped- for according to 2030 Vision, which aims to reform the Saudi economy and continue its growth and end its dependence on oil as a main source of income. The researcher analyzed the current situation of small and medium enterprises in the Kingdom of Saudi Arabia and compared them to the global situation through studying and analyzing leading global experiences and identifying aspects of benefiting from them. The research relied on the deductive approach, which is the approach that begins with the theory and ends with its applicability to the ground. The research also used the descriptive approach to describe the topic of the research, its importance, goals, and the most important studies that dealt with the role of small projects in economic development both inside and outside the Kingdom. The comparative approach to making comparisons from and reviewing the experiences of other countries and extracting lessons learned from them. It also relied on the standard method, which aims to measure economic phenomena and variables. This research found that there are many difficulties that hinder these projects from achieving the goals of the vision, including obtaining financing, as the rate of financing small enterprises does not exceed 5% of the total financing in the Kingdom. It is a small percentage compared to international rates. The result is a decrease in the contribution of small and medium enterprises to the gross domestic product if they do not exceed 20% and 53% of jobs in the Kingdom of Saudi Arabia. The Kingdom's Vision 2030 aims to raise this percentage to 35% by 2030, and this percentage reaches about 70% in developed countries, The number of small enterprises reached 12% of the number of projects for the year 2018, and it contributes about 29% of the total revenues of enterprises, according to the data for the second quarter of 2016. The researcher recommends decision- makers and those who are interested in business leaders inside the Kingdom to overcome the challenges facing small projects and entrepreneurs by providing them with adequate support, whether material or logistical support or both together, and work to establish a financial fund to finance small and medium projects with low benefits, and share the fund with proportions Certain of the annual profits during a specific period, depending on the value of the loan, the size of the facility, the value of revenue, the idea of ​​the project, and converting the Public Authority for Small and Medium Enterprises in the Kingdom into an independent ministry whose mission is to take great care of small projects and For medium.

Corporate Social Responsibilty Practices in MSMEs in India

2016 ◽  
Vol 2 (2) ◽  
Author(s):  
Vishnu Maya Rai
Keyword(s):  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Rapid Development ◽  
Small Enterprises ◽  
Business Competitiveness ◽  
Medium Enterprises ◽  
Corporate Social ◽  
Social Responsibilty ◽  
The Impact

The setup and flourishment of Micro Small and Medium Enterprises is a resourceful input leading to the rapid development of economic and social prospects. MSMEs are the medicines which Indian Economy needs at this moment. CSR activities can help to a great extent in improving the survival rate of MSMEs and may offer more opportunities for business competitiveness, nationally and internationally. CSR helps to create and develop entrepreneurial foundation of the nation by supporting the enterprises through supply of raw materials and a range of components required for production or manufacturing. The main aim of this research paper is to examine the role of CSR activities in the betterment of MSMEs. Another motive is to examine the impact of strategies of CSR on expansion of MSMEs in INDIA. This paper gives evidences that CSR activities are not only helping the Big Companies but also small enterprises by creating competitiveness amongst MSMEs.

scholarly journals FEATURES OF FUNCTIONING OF SMALL BUSINESS IN UKRAINE AND ABROAD

2021 ◽  
Vol 1 (22(50)) ◽  
pp. 11-16
Author(s):  
Olha Demianchuk ◽  
Kateryna Zhuk
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Small Enterprises ◽  
The Sustainable Development ◽  
High Level ◽  
Medium Enterprises ◽  
Favorable Conditions ◽  
The Impact

The article investigates the problems and features of small business functioning in Ukraine and abroad. The importance of small enterprises in the economies of developed countries and the impact on their competitiveness in the context of today's coronacrisis has been analyzed. The criteria for dividing all enterprises into small, medium and large in Ukraine and their comparison with foreign practice are indicated. The "Rating of obstacles" for the development of small and medium enterprises in Ukraine is indicated. The authors identified the factors that negatively affect the continuous functioning of small business and hinder its development. The development of the small business sector and the maintenance of a high level of competition is a key step towards ensuring the sustainable development of the national economy. Small business also contributes to the restructuring of the state, increasing production, creating new jobs and introducing innovative technologies in areas where large business would not be so effective. However, the path to starting a small business is uneven, with many pitfalls and obstacles to jump. Accordingly, the governments of most countries are obliged to support small businesses in any way to protect the economy as a whole. So, in order for small and medium-sized businesses to develop gradually, they desperately need clear and understandable rules of the game in today's market, as well as favorable conditions for uninterrupted operation. To this end, it is necessary to formulate a clear unified state policy on small business, using international experience.

Analysis of Major Problems Faced by Small Firms in North India

2015 ◽  
Vol 15 ◽  
pp. 150-160
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
North India ◽  
Small Enterprises ◽  
Employment Generation ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.

Sign in / Sign up

Export Citation Format

Share Document