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Growing Science » Tags cloud » Small and medium enterprises

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Sort articles by: 📖 Volume | 📅 Date | ⭐ Most Rates | 👁️ Most Views | 🚀 Rising Stars | 📊 Citations (Scopus) | 🔥 Hot Papers
1.

SMEs internationalization in Thailand: An empirical exploration of the determining factors Pages 937-948 Right click to download the paper Download PDF

Authors: Natphasuth Patthirasinsiri

doi 10.5267/j.dsl.2026.4.001 Crossmark

🔑 Keywords: SMEs, Internationalization, Globalization, Small and medium enterprises, Market, Growth, Entry

Abstract:
Small and medium enterprises (SMEs) internationalization have emerged as a prominent and dynamic phenomenon within the global business landscape. In Thailand, SMEs comprise the largest proportions of business entities, providing economic support, employment, and innovation support. Expanding to the global business sphere is therefore a concern, as a means of promoting their growth. This research explored the factors that influence SMEs internationalization process in Thailand. The study borrowed from International Entrepreneurship Theory and the Schumpeter Theory of Innovation theory as the basis of theoretical development. Primary data was collected from 482 respondents, who comprised people operating SMEs in Thailand. The data was collected using a structured questionnaire. The model evaluation was conducted using confirmatory factor analysis (CFA) while the data analysis was conducted using structural equation modelling (SEM). The results indicated that technological capabilities, employee’s human capital, and business environment has a significant and positive influence on SME internationalization, both international market entry and growth & profitability. Entrepreneurial orientation was found to have significant influence on international market entry, financial availability affects international market entry, while management capabilities influence growth and profitability. The research concludes that SMEs international expansion would require proper investment in financial assets, employees and management capacity, and critical evaluation of the targeted business environment.
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Journal: DSL | Year: 2026 | Volume: 15 | Issue: 3 | Views: 52

 
2.

The impact of supply chain finance on financial sustainability in Jordanian SMEs Pages 2767-2776 Right click to download the paper Download PDF

Authors: Amer Morshed, Bassam Maali, Abdulhadi Ramadan, Najwa Ashal, Munif Zoubi, Mahmoud Allahham

doi 10.5267/j.uscm.2024.4.025 Crossmark

🔑 Keywords: Supply Chain Finance, Small and medium enterprises, Jordanian industrial businesses, Comprehensive policies

Abstract:
This research study investigates the feasibility of applying supply chain finance (SCF) in both small and medium enterprises (SMEs) in the Jordanian marketplace. It focuses on patterns of collaboration, factors of adoption, and challenges, tracing the significance of custom-tailored SCFs that specifically involve technological restrictions and governmental complications. Applying a mixed methodology of interviews and AMOS analysis that aims at collecting reliable data from financial and inventory managers in Jordan, this research indicates that the most considerable elements in developing supply chain finance in Jordan are credibility and sustainability. Guaranteeing fair access to funds and contentious innovation has proven to be a complete policy. Moreover, the results conclude that balancing regulatory support is related to simplicity, collaboration, and endorsement of worldwide access to technology. For further research within the same domain, this research recommends developing a customized SCF program and emerging inclusive policies that can pave the way for future research as a comparative analysis of diverse businesses and the study of its permanent effect, devising the integration of technology strategies and mentoring the effectiveness of financial policies.
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Journal: USCM | Year: 2024 | Volume: 12 | Issue: 4 | Views: 1177

 
3.

Unravelling the HRM practices and performance link in Malaysian SMEs: The role of organizational innovation Pages 1111-1120 Right click to download the paper Download PDF

Authors: Nazlina Zakaria, Francis Chuah Chin Wei, Nor Azimah Chew Abdullah, Rushami Zien Yusoff

doi 10.5267/j.msl.2020.11.028 Crossmark

🔑 Keywords: Human Resource Management Practices, Organizational Innovation, Organizational Performance, Small and Medium Enterprises

Abstract:
Many studies have focused on direct link between HRM practices and organizational performance. There is a strong relationship between these two variables that driven further research to identify the mechanism through which such relationship exists. Following resource-based view (RBV), the aim of this research was to investigate the indirect effect of organizational innovation on HRM practices-performance linkage. Data was collected from owners/managers of manufacturing SMEs in West Malaysia. 331 (60.5%) distributed questionnaires were received and analyzed through PLS-SEM. Out of six hypotheses on mediation, only one hypothesis was rejected. The findings strongly supported the RBV theory when organizational innovation significantly mediated the relationship. These results clearly indicate that organizational innovation plays an intermediate role between HRM practices (i.e. communication and information sharing, compensation, selection, performance appraisal, and training and development) and organizational performance of SMEs.
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Journal: MSL | Year: 2021 | Volume: 11 | Issue: 4 | Views: 1804

 
4.

Enhancing business entrepreneurship through open government data Pages 861-870 Right click to download the paper Download PDF

Authors: Nazem Mahmoud Malkawi, Akif Lutfi Al-khasawneh, Mohammad Haider Sadeq Mohailan

doi 10.5267/j.msl.2020.10.013 Crossmark

🔑 Keywords: Business Entrepreneurship, Entrepreneurs, Jordan, Open Government Data, Small and Medium Enterprises

Abstract:
Small and medium enterprises play a very important role in today’s economy and contribute heavily on a national economy specially in developing countries like Jordan, but they are still facing many challenges, and need support from government specially in data availability. This study aimed to know the impact of open government data (OGD) on business entrepreneur-ship from Jordanian Irbid State entrepreneurs’ point view. To achieve this, (600) questionnaires were distributed to the sample of Jordanian entrepreneurs in Irbid state and (536) valid questionnaires were recovered. The study indicates that OGD and entrepreneurship had a moderate level. There is a significant statistical effect of OGD on business entrepreneurship (α ≤ 0.05) in Jordanian SMEs Irbid state. At the end researchers recommend government and entrepreneurs to adopt OGD as a strategy to maximize benefits gained from open government data strategy, improve the quality of published data, and recommended entrepreneurs to increase the level of relying on OGD to get information about materials, markets, competitors, legislations and so on to get benefits for their companies.
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Journal: MSL | Year: 2021 | Volume: 11 | Issue: 3 | Views: 1617

 
5.

Characteristics of entrepreneurs in sustainably successful micro, small, and medium enterprises Pages 1359-1368 Right click to download the paper Download PDF

Authors: Sunee Wattanakomol, Thanin Silpcharu

doi 10.5267/j.uscm.2023.3.012 Crossmark

🔑 Keywords: Entrepreneurial characteristics, Micro, small and medium enterprises, Sustainably, Leadership, Exploratory factor analysis

Abstract:
Micro, small, and medium-sized enterprises (MSMEs) are important in driving a country’s economy and cover the entire manufacturing sector. Therefore, entrepreneurs with specific characteristics are needed for MSMEs to be successful. This study analyzed the exploratory components of entrepreneur characteristics in sustainably successful MSMEs. Data from interviewing 500 entrepreneurs who successfully operated MSMEs were analyzed using descriptive, referential, and multivariate statistics. Analysis of the entrepreneur characteristics’ exploratory components revealed that their Kaiser-Meyer-Olkin index was 0.969, and eigenvalues after axis rotation were 6.545–8.899. Four components were extracted: leadership, personality, management skills, and morality/ethics. Entrepreneurs’ characteristics in sustainably successful MSMEs include the ability to prioritize tasks appropriately, punctuality, people management skills, consideration of non-violation of rights, and non-imitation of others.
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Journal: USCM | Year: 2023 | Volume: 11 | Issue: 3 | Views: 1957

 
6.

Identify factors affecting business efficiency of small and medium enterprises (SMEs): Evidence from Vietnam Pages 1987-1998 Right click to download the paper Download PDF

Authors: Thi Cam Thanh Tran, Ngoc Tien Nguyen

doi 10.5267/j.msl.2019.7.007 Crossmark

🔑 Keywords: Efficiency, Business efficiency, Small and medium enterprises, Vietnam

Abstract:
As operating the business in the economy, all enterprises are interested in the business efficiency. Business efficiency is not only a measure of organizational performance and business management but also it is a vital issue for businesses operations. That is why defining the factors affecting business performance in enterprises, especially small and medium-sized enterprises accounted for more than 80 percentage of the enterprises in Vietnam plays a very important role in helping business managers find solutions to improve the business efficiency. This paper is conducted to determine the factors affecting the business performance of these groups of businesses from the perspective of business managers and the business. This study is based on a survey from 100 business managers and 400 small and medium enterprises in Vietnam. Through the EFA analysis tool, we found some similarities in terms of the groups of factors affecting the business performance in small and medium enterprises in Vietnam between the perspective of business managers and perspective of the enterprises. Both the surveyed groups defined that there were three factor groups influencing the business efficiency: (1) group of institutional, policy and infrastructure factors, (2) group of factors associated with enterprises and (3) group of factors related to the environment outside the enterprise.
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Journal: MSL | Year: 2019 | Volume: 9 | Issue: 12 | Views: 4314

 
7.

Factors affecting the application of management accounting in small and medium enterprises in Hanoi, Vietnam Pages 2039-2050 Right click to download the paper Download PDF

Authors: Ngoc Toan Nguyen, Thi Thuy Hong Nguyen, Thi Thanh Thuy Chu, Dinh Dong Nguyen, Thi To Phuong Nguyen

doi 10.5267/j.msl.2019.7.002 Crossmark

🔑 Keywords: Applying management accounting, Small and medium enterprises, Hanoi, Vietnam

Abstract:
This article evaluates the factors affecting the use of management accounting in small and medium enterprises (SMEs) in Hanoi, Vietnam. The factors include: Production and business characteris-tics; Competitiveness; Business strategy; CEO of awareness management; Human resource quality. The study is conducted on 238 SMEs in Hanoi and the results show that CEO’s awareness of management accounting had the strongest impact on the ability to apply management accounting of enterprises while competition level factor had the weakest effect. At the same time, the study also examines the significant role of mediating factor of firm size on the relationship between the charac-teristics of the production and business process and the application of management accounting, age and professional qualifications. The results indicate that enterprise size plays a significant role on regulating the impact of business characteristics of enterprises on management accounting applica-tion. For smaller enterprises, management accounting is less used and vice versa. Next, the younger the managers are, the higher the impact of their awareness on management accounting application, which means management accounting will be used more if managers are younger.
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Journal: MSL | Year: 2019 | Volume: 9 | Issue: 12 | Views: 3459

 
8.

Internationalisation and innovation on balanced scorecard (BSC) among Malaysian small and medium enterprises (SMEs) Pages 1617-1632 Right click to download the paper Download PDF

Authors: Poh Ling Chong, Tze San Ong, Amalina Abdullah, Wei Chong Choo

doi msl_2019_138.pdf Crossmark

🔑 Keywords: Internationalisation, Knowledge, Trust, Commitment, Opportunity development, Balanced scorecard, Small and Medium Enterprises, Malaysia

Abstract:
The purpose of this paper is to identify the relationship between the determinants of internationalisation and innovation on balanced scorecard (BSC) among Malaysian small and medium enterprises (SMEs). Internationalisation covers the dimensions of knowledge, trust, commitment and opportunity development, which can benefit the firm performance in Malaysia by increasing the involvement of SMEs in international business activities. A sample of 202 firms was considered for this study and Structural Equation Modelling (SEM) was used. The dimensions of knowledge, trust, commitment and opportunity development were observed to examine the proposed hypotheses. The results indicate that internationalisation as a whole; such as knowledge, trust, commitment and opportunity development played an important role in innovation and balanced scorecard among Ma-laysian SMEs. However, this also can solve the existing myth of a role in the internationalisation on innovation towards a balanced scorecard of SMEs in Malaysia because family businesses are a critical pillar of many Malaysian enterprises. Therefore, this research conveys an understanding to the owners and managers to quickly achieve innovation and balanced scorecard results. Finally, this study brings some conclusions to the policy makers and regulators as well.
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Journal: MSL | Year: 2019 | Volume: 9 | Issue: 10 | Views: 4009

 
9.

Measuring the critical effect of marketing mix on customer loyalty through customer satisfaction in food and beverage products Pages 1385-1396 Right click to download the paper Download PDF

Authors: Suci Ayu Sudari, Arun Kumar Tarofder, Ali Khatibi, Jacquline Tham

doi 10.5267/j.msl.2019.5.012 Crossmark

🔑 Keywords: Marketing Mix (4Ps), Customer Satisfaction, Customer Loyalty, Small and Medium Enterprises

Abstract:
The purpose of this paper is to analyze the effect of marketing mix on customer loyalty through customer satisfaction in food and beverage products of SMEs in Malaysia. The method of collecting data is by using questionnaire and a sample of 300 customers is used for data gathering. Path analysis and Sobel test are used in analyzing the data. The finding shows that product, promotion, place and price have positive effects on customer satisfaction of food and beverage products SMEs in Malaysia. Product, promotion, place and price give contribution to customer satisfaction about 68.9% while the rest is affected by other variables which are not included in this research. Moreover, customer satisfaction has a positive effect on customer loyalty. The finding also shows that product, promotion, place and price had positive effects on customer loyalty through customer satisfaction of food and beverage products SMEs in Malaysia. Product, promotion, place, price and customer satisfaction influence on customer loyalty about 61.7%.
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Journal: MSL | Year: 2019 | Volume: 9 | Issue: 9 | Views: 32109

 
10.

The influence of supply chain management on competitive advantage and company performance Pages 696-704 Right click to download the paper Download PDF

Authors: Maun Jamaludin

doi 10.5267/j.uscm.2021.4.009 Crossmark

🔑 Keywords: Supply chain management, Competitive advantage, Company performance, Small and Medium Enterprises, Structural Equation Modeling (SEM)

Abstract:
At present, the condition of competition in a network is very tight due to rapid technological changes, economic and political stability in Indonesia which is experiencing uncertainty, and the large number of foreign investors entering, as well as new competitors. Companies themselves are required to always innovate in today's increasingly modern era. This competition must be able to create a good network in order to create competitive advantage and company performance in the formation of good Supply Chain Management. This study aims to determine the effect of supply chain management on competitive advantage and company performance. This study will examine supply chain management on competitive advantage and company performance in Small and Medium Enterprises (SMEs) in Bandung City, West Java. In this study, there are several differences from previous research, namely the indicators that will be used in this study. Namely, the measured supply chain management variables are indicators of technology use, supply chain speed, customer satisfaction, supply chain integration and inventory management. The variables of competitive advantage that are measured are the indicators of Price, Quality, and Time to market, and sales growth. Meanwhile, the measured company performance variables are indicators of financial performance and operational performance. The analytical method used in testing the hypothesis is to use Structural Equation Modeling (SEM) with the help of AMOS software version 20. Respondents in this study were 150 respondents in Small and Medium Enterprises (SMEs) in Bandung, West Java. The results of this study indicate that supply chain management has a positive and significant effect on the company's competitive advantage. Competitive advantage has a positive and significant effect on company performance. Supply chain management has a positive and significant effect on company performance. Supply chain management has a positive and significant effect on company performance through competitive advantage.
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Journal: USCM | Year: 2021 | Volume: 9 | Issue: 3 | Views: 5248

 
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