Factors affecting the adoption extent of the balanced scorecard by Vietnamese small- and medium-sized enterprises

Purpose This study empirically examines factors affecting the extent of balanced scorecard (BSC) adoption in Vietnamese small- and medium-sized enterprises (SMEs) such as top management involvement, an innovative culture, a product innovation strategy, organisational resources, a competitive environment and business network support. This study aims to gain an improved understanding and draw important lessons on BSC adoption for SMEs. Design/methodology/approach Using primary data obtained from a survey of top managers of SMEs that have experienced some forms of BSC adoption, the authors conduct their analysis using exploratory factor analysis and regression analysis methods. Findings The authors find that top management involvement, an innovative culture, organisational resources and business network support are essential factors impacting the extent of BSC adoption in Vietnamese SMEs. Besides confirming literature findings on these variables, the authors identify support of business networks as another important factor affecting the extent of BSC adoption, alongside location and business owners’ experience. However, the impacts of a product innovation strategy and a competitive environment are not significant. Research limitations/implications This study adapts scales previously designed for large enterprises in developed countries to fit into the context of Vietnamese SMEs. Future research can take advantage of this new set of scales and data to obtain further research results. Practical implications This study will serve as guidance for SMEs considering BSC adoption to have a clear vision of what factors are likely to affect BSC adoption, how they affect it and in what direction. Social implications Lessons learned can be extended not only to Vietnamese SMEs that have not yet adopted the BSC but also to firms in other countries with similar economic conditions. Originality/value This study is among pioneering studies on BSC in SMEs and within the context of Vietnam.

Pembekalan Keterampilan Membatik oleh Batik “Seng” bagi Kelompok Marginal Desa Sengguruh Kabupaten Malang

National economic development can be realized, one of which is economic independence by encouraging the number of entrepreneurs, increasing business activities in the form of businesses and businesses on a small, medium or large scale. One of the potentials to become independent entrepreneurs is young people who of course must first have the provision of education. The reality is that there are still school-age teenagers who do not have the opportunity to get the right to education due to several things, one of which is economic limitations that prevent them from continuing their education. The consequences that arise from situations that are not good, namely teenagers who cannot continue their schooling will cause a new problem for both the child himself and his environment. The form of community service activities carried out is holding written batik training activities targeting marginal groups in Sengguruh Village, Malang Regency with a total of 30 participants. The purpose of this activity is to provide training participants with the opportunity to develop themselves and get alternative business ideas. The results obtained from this activity are an increase in insight and skills in making batik, increasing motivation for training participants to develop themselves, participants getting alternative business ideas that can be chosen as professions that have the potential to generate income and obtain business network information

Exploring the Effects of Implementing a Research-Based SSI Program on Students’ Understanding of SSI and Willingness to Act

This study aimed to examine the effects of a research-based SSI program on fostering students’ understanding of issues and their willingness to act. Twenty-five middle school students voluntarily participated in the program on the issue of artificial food additives over 6 months. The data were collected by means of interviews with the students, field notes, and students’ artifacts such as SSI maps and journals. Results indicated that students’ research experiences helped them widen their understanding of the issues and feel more connectedness to the issue and motivated to explore the hidden nature of the issue as they conducted their research. They found various stakeholders in the food industry and business network and discovered how individual stakeholders would be affected within the network. They also became aware of the inequality and injustice that arose in the network. In addition, their experience of executing research increased their confidence and willingness to act for resolving contentious issues.

THE STUDY OF SME’S PERFORMANCE IN FURNITURE CARVING INDUSTRY

The center of SMEs carving furniture in Karduluk village, Sumenep Regency in Madura, East Java which has dynamic and uncertain environment and also high level of competition. Such situation needs adequate managerial capabilities so that SME players can sustain their existence from external competition. In spite of its thriving existence, the industry has some potential problems, which need to be identified The purpose of this research is to determine the effect of the entrepreneurship orientation, the capability of business network towards the performance of SMEs through the commitment of the businessmen. This research employed quantitative analysis, which used AMOS as its method of analysis. Data collection was conducted by distributing questionnaires to 105 craftman who were also managers of craving furniture units. This research found that businessmen orientation affected the performance of carving furniture. Business networking capability affected the performance of carving furniture. Behavioral commitment had a partial mediation impact on entrepreneurship orientation towards the performance of carving furniture. Behavioral commitment had a full mediation impact on entrepreneurship orientation towards the performance of carving furniture.

Exploratory and Exploitative Internationalization: Effects of Social Capital Antecedents and Fit Moderators of Innovation Consequence

Implementing international strategy is essential to enhance corporate innovation and achieve sustainable development. Existing research has theoretically illustrated the concept and importance of carrying out both exploratory and exploitative internationalization, yet our understanding of the antecedents and consequences of both activities remains unclear. Based on the data of Chinese international manufacturing firms, this paper examines the differential effects of business, government and knowledge network capital on exploratory and exploitative internationalization, and probes into how organizational, strategic, and environmental factors moderate the innovation effectiveness of exploratory and exploitative internationalization. Results indicate that business network capital has the same positive impact on exploratory and exploitative internationalization; government network capital influences the implementation of exploratory internationalization, whereas knowledge network capital influences the execution of exploitative internationalization. Furthermore, our findings reveal that, to maximize innovation performance, pursuing exploratory internationalization is more beneficial for firms with older age, firms entering into countries with low host–home country similarity, and operating in a more dynamic international environment. By contrast, pursuing exploitative internationalization is more effective for younger firms, firms entering into countries with high host–home country similarity, and in more stable international environment. Theoretical and managerial implications are discussed.

Serial crowdfunding in start-up development: a business network view

Purpose Even though the crowdfunding (CF) literature is rapidly reaching its maturity phase, the topic of serial CF (i.e. the participation in more than one CF campaign) is as much promising as still largely under explored. This study thus aims to offer a thorough view of the dynamic and complex processes characterizing the participation of the start-ups to more than one campaign adopting a business network perspective. Design/methodology/approach In line with an explorative research aim, a multiple case study analysis is performed by taking into consideration four start-ups engaged in more than one CF campaigns with different combinations of equity and non-equity CF, adopting the actor–resource–activity (ARA) model as theoretical framework. Findings Multiple CF campaigns are embedded in the overall changing startup’s network and are affected by the concurrent and overlapping startup’s development processes. From this standpoint, the adoption of the ARA model suggests to reconsider the “serial” dimension of multiple CF campaigns. These processes can be more or less “linear” as they could be affected by the combination of CF schemes and by the degree of alignment of actors, activities and resources, whose “assembly” can be facilitated by learning processes and impaired by unexpected circumstances. Originality/value This paper explores in depth the startup’s serial CF journey, building on recent studies calling for stronger analyses of the directions and outcomes of innovative funding trajectories pursued and implemented by new business ventures. From this standpoint, to the best of the authors’ knowledge, this is the first study to consider a complete spectrum of combinations between CF schemes within serial CF, thus allowing for a better understanding of the role of such a factor within a dynamic and contextual view, that is, that offered by the business network perspective. This paper also contributes to the Industrial Marketing and Purchasing research on start-ups.

Using the Invasive Weed algorthim for solving Network Analysis problems: استخدام خوارزمية الأعشاب الضارة في حل مسائل شبكة الأعمال

Any project consists of a set of interconnected and interrelated activities in a specific order that are carried out at a specific time. The size of the projects, their high costs, and the complexity of their activities made it necessary to make a careful and prior planning. From here came the idea of ​​business networks, where scientific analysis was adopted for project planning, scheduling and reviewing by representing these projects with a network that shows the sequence of their activities at appropriate costs and times. Since such networks need time and effort to implement, the researcher used one of the smart techniques (the weed algorithm) and applied it to some business network issues that require great time and effort that increase as the size of the project increases. By applying the algorithm to some of these issues, it succeeded in achieving the required results in a record time (a few minutes) and according to the size of the issue, and hardly a little effort, in the first issue, the results (the expected time for each activity, determining the critical path, calculating the time needed to complete the critical path) achieved results in approximately one minute, and the second issue took less than two minutes. As for the third issue, the results were given in approximately two and a half minutes. Thus this smart technology has achieved the desired results in the least possible time and effort. Such a technique can be used and implemented on problems in different fields due to its accuracy, efficiency and speed in solving problems.

Construction of Community Life Service in the Sharing Economy Based on Deep Neural Network

Currently, the development of sharing economy and interconnection also has a profound impact on community life services. This study is based on the deep neural network theory, combined with the evolution mechanism of the commercial network of the community life service industry, link prediction theory, and the latest deep neural network algorithm, referring to the evolution model of merger and stripping, and the network structure is optimized on this basis. Through simulation experiments and result analysis, the model is used to deeply study the evolution trend and dynamics of the community life service business network from the perspective of quantitative analysis. Then the business network structure is optimized and development is promoted at the same time. At the same time, it can also upgrade those old scattered industries and provide theoretical and decision-making guidance for the future transformation and upgrading of the innovative community life service industry.