The role of technological innovation in the mitigation of the crisis generated by COVID-19: an empirical study of small and medium-sized businesses (SMEs) in Latin America

International Studies of Management and Organization, Journal Year: 2024, Volume and Issue: 54(2), P. 120 - 136

Published: Jan. 18, 2024

Purpose This article aims to analyze the role of innovation in mitigating economic crisis generated by coronavirus disease 2019 (COVID-19) pandemic Latin American small and medium-sized enterprises (SMEs). The goal is determine whether actions, activities, perceptions related impact positioning within three distinct areas—finance, management, competition—contribute increased companies, remain neutral their effects, or have an inverse impact.

Language: Английский

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Strategy to Increase the Competitiveness of MSME Businesses in the Era of Digitalization for Rural Communities in the Medan Region of North Sumatra

Deleted Journal, Journal Year: 2024, Volume and Issue: 1(3), P. 11 - 11

Published: July 21, 2024

The era of digitalization presents opportunities and challenges for Micro, Small Medium Enterprises (MSMEs) in rural areas. To increase competitiveness this era, an appropriate comprehensive strategy is needed. This abstract discusses strategies that can be implemented to the MSMEs areas, with a focus on aspects using digital technology reach wider markets, operational efficiency, build brand image. done through use social media, e-commerce other platforms market products services. Use online accounting bookkeeping applications manage finances more effectively. research method used qualitative by collecting interviews, observing North Sumatra region. By technology, increasing human resource capacity, strengthening networks collaboration, getting conducive infrastructure policy support, areas develop contribute national economy.

Language: Английский

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A Study on the Impact of Digitalization on SME Growth

Advances in logistics, operations, and management science book series, Journal Year: 2023, Volume and Issue: unknown, P. 118 - 139

Published: Dec. 29, 2023

Small and medium-sized enterprises are a critical component of the global economy, contributing significantly to job creation, innovation, economic growth. The emergence digitalization has changed business landscape leading both challenges opportunities for SMEs. study provides new insights into how digital platform service providers may assist SMEs in their transformation competitiveness. This chapter aims provide comprehensive review analysis impact on explores various aspects digitalization, its effects SMEs, strategies that use take advantage technologies enhance growth A total fifteen papers reviewed; methodology findings summarized. It shows ensures easy accessibility affects customer relationships. results further indicate online selling marketing as platforms successfully implemented by most

Language: Английский

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Mitigation Policies for Fashion Smes Affected by The Covid-19 Pandemic

Quality - Access to Success, Journal Year: 2023, Volume and Issue: 24(194)

Published: Jan. 1, 2023

The COVID-19 pandemic has had an impact on MSMEs, especially in the food and beverage sector, creative industries agriculture, both terms of sales, financing, distribution goods difficulty raw materials.In 2019, Creative Economy Agency established Denpasar City (the capital city Bali Province) as one ten Regencies/Cities Indonesia with leading sub-sector fashion.The development fashion is certainly inseparable from role MSMEs where MSME largest compared to other sectors.The purpose this study was analyze mitigation strategy SMEs affected by pandemic.This research exploratory research, data collected through FGD instruments.Furthermore, analyzed using prospective analysis techniques MULTIPOL tools that can help develop a policy path based scenarios, policies, criteria, actions.The scenario divided into ethnic non-ethnic SMEs.In SMEs, superior strengthening capital, followed establishing partnerships.use digital technology, finally market orientation outside Bali.Meanwhile, for what partnerships, policies Bali, use technology capital.Online marketing action excels all product forward backward integration.

Language: Английский

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HOW DOES FINANCIAL LITERACY IMPROVE SUSTAINABILITY BUSINESS IN BATIK SMEs?

Stability Journal of Management and Business, Journal Year: 2023, Volume and Issue: 6(1), P. 63 - 81

Published: July 28, 2023

The business sustainability of the batik SMEs is a hot topic for research, considering that industry has historical and cultural background. This study aims to create theoretical model influenced by financial literacy mediated intellectual capital risk attitudes. research location was in Kediri, East Java province, with 36 respondents taken simple random sampling. Data using questionnaire Likert scale. analysis uses SEM structural equation SmartPLS application. results showed had positive significant effect on sustainability, capital, attitude. Intellectual sustainability. However, attitude variable does not affect Then results. Meanwhile, influence obtained insignificant

Language: Английский

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Faktor-faktor yang Mempengaruhi Keputusan Perusahaan Kecil dan Menengah untuk Mengadopsi Strategi Go Global dalam Kewirausahaan di Indonesia

Jurnal Ekonomi dan Kewirausahaan West Science, Journal Year: 2023, Volume and Issue: 1(04)

Published: Oct. 31, 2023

Penelitian ini menyelidiki faktor-faktor yang mempengaruhi keputusan Usaha Kecil dan Menengah (UKM) di Indonesia untuk mengadopsi strategi go-global dalam kewirausahaan. Melalui pendekatan kuantitatif, data dari 250 UKM beragam dikumpulkan, analisis regresi digunakan mengeksplorasi hubungan antara kunci (kondisi pasar, faktor internal organisasi, kebijakan pemerintah, dampak globalisasi) melakukan internasionalisasi. Hasil penelitian menunjukkan korelasi positif signifikan dengan masing-masing faktor, menjelaskan dinamika kompleks internasionalisasi lanskap bisnis Indonesia. Temuan membawa implikasi bagi para pembuat kebijakan, pemilik UKM, berkontribusi pada pemahaman akademis tentang kewirausahaan global negara-negara berkembang.

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Financial Capital and Production Demand for Value-Added Innovations in SMEs

Journal of International Conference Proceedings, Journal Year: 2023, Volume and Issue: 6(4), P. 150 - 162

Published: Sept. 12, 2023

SMEs have characteristics and an important role in economy. Its independent characteristic makes it must be able to innovate. Innovation that has meaning with added value innovation. Several influencing factors come from internal external SMEs. Internal are believed a fundamental strength for One of them was used this research financial capital. In addition, factors, also research, production demand as variable. This study aims examine how capital affect SME The conducted on one hundred the Java region Indonesia. carried out post-pandemic, first term 2023. by analyzing intervariable using structural equation partial least square model. results influence innovation create Through is hoped will find factor needs strengthened Besides that, seeking providing their production.

Language: Английский

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How to Predict Business Income on Business Capital, Green Business Practice Adoption, Leadership for Small and Medium-Size Industries in East Java

Deleted Journal, Journal Year: 2023, Volume and Issue: 12(4), P. 448 - 455

Published: Dec. 11, 2023

This study aims to determine the prediction of business income for Small and Medium Industries through capital, green practice adoption, leadership. The sampling technique using purposive obtained a data sample 40 respondents from population. Methods collection questionnaire method. analysis used in this is multiple linear regression. results indicate that capital variable can positively significantly predict income, adoption income. leadership although as known, working home was carried out during covid 19 pandemic. We found TPB theory has good explanatory power decision making adopt running SMIs

Language: Английский

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