How can SMEs acquire supply chain financing: the capabilities and information perspective

PurposeThis paper aims to explore how innovation capability and market response capability of small and medium-size enterprises (SMEs) affect their supply chain financing performance (SCFP) through supply chain financing solutions (SCFS) adoption. At the same time, the mechanism by which supply chain financing reduces information asymmetry before (ex-ante) and after (ex-post) SCFS adoption to promote SCFP is also inquired.Design/methodology/approachDrawing on enterprise competence theory, this paper proposes a theoretical model and tests it using survey data from a sample of 218 SMEs in China. Multiple regression analysis is employed to test the hypothesis.FindingsThe study finds that: (1) SMEs' innovation capability and market response capability positively affect SCFP. (2) SMEs' innovation capability and market response capability exert significantly positive effects on SCFS adoption. (3) SCFS adoption plays a mediating role between SME capabilities and SCFP. (4) Supply chain integration (SCI) and information technology application have no moderating effects on the relationship between SME capabilities and SCFS adoption. Finally, (5) SCI and information technology application have positive moderating effects on the relationship between SCFS adoption and SCFP.Originality/valueBased on enterprise competence theory, this study sheds light on the internal mechanism through which SMEs' capabilities affect SCFP by introducing SCFS adoption and explores the role of situational factors in SCF in reducing ex-ante and ex-post information asymmetry. This study provides an innovative theoretical perspective on supply chain financing and enriches the existing research.

Research of Construction Subcontracting Enterprise Competence Based on GA-BP Neural Network

A new evaluation index system, which includes five dimensions is put forward to evaluate the competitiveness of construction subcontracting enterprise properly. Based on GA optimized BP neural network model,construction subcontracting enterprises’ competitiveness can be quantitative analysis systematically. Use of Matlab simulation analysis,research has shown that this system can well solve the problem of construction subcontracting enterprise competitiveness evaluation.

Game Analysis of Photovoltaic Enterprise Competitive Strategy Based on Technology Innovation

Analysis of model shows that technology innovation provides photovoltaic product additional value, increases photovoltaic product differentiation and reduces consumers price sensitivity, but enterprise profit is decided by the efficiency of technology innovation, only the high efficiency of technology innovation can increase enterprise competence. Finally, the paper gives the strategy advices on technology innovation of photovoltaic enterprise.

DELEGATION OF COMPETENCES IN THE RELATIONS SYSTEM OF THE ENTERPRISES MANAGEMENT

New quality of the modern market is shown in expansion of scales of cooperation of corporations and the small enterprises. Deciding condition of the successful formation of the competitive advantages is the level of the competence of the personnel of the enterprise. Competence becomes critical for the enterprise in case its management achieves organic composure of techno–technological, financial–marketing and organizational–managerial resources during the process of realization of business idea. The concentration of resources of the enterprise on directions of the core сompetencies makes necessary to search for rational ways of realization non–сore сompetencies. The small enterprises are capable to represent themselves as performers non–сore сompetencies of the enterprises–customers first of all in those cases they have unique resources for realization of technological component of their own сore competence. The modern microenterprises successfully cooperating with the big size enterprises of the including corporations, do it, as a rule, in the form of outsourcing. Outsourcing can be considered not only as one of the forms of cooperation, but also as the means of strengthening the market positions of the enterprise. Thus it is necessary to recognize that the effect from the use of outsourcing is reached by the company–the customer as a result of reorganization of its organizational structure and qualitative changes in work of management. Key words: competences, delegation, entrepreneurship, management, outsourcing.

Factors Stimulating Export Business: An Empirical Investigation

<span>The article reports the findings of an empirical investigation into the export stimulation behavior of Cypriot manufacturers. The study revealed that the thrust of the motivation originated from internal and proactive forces, in contrast to the findings of earlier research. Export stimuli were categorized into eight conceptually meaningful groups using factor analysis, with managerial and enterprise competence being the most significant stimulus. Overall, both organizational and internationalization parameters had a weak discriminating effect on the emerging stimulating factors; however, some of these parameters exhibited a significant differentiating role in relation to certain export stimuli. Several conclusions are extracted from the findings, and directions for future research are indicated.</span>