The Nexus between Innovation and Business Competitive Advantage: A Conceptual Study

Universal Journal of Accounting and Finance, Journal Year: 2021, Volume and Issue: 9(3), P. 352 - 361

Published: June 1, 2021

Despite the fierce competition in business environment, firms accept relatively low innovative solutions their daily activities and consequently lose competitive advantage, experience creeping growth at a snail's pace directly associated with firm's inadequate finance eventual collapse.This study examined interrelationship between access to finance, innovation, advantage.Premised on findings, results revealed that innovation is an all-important strategy differentiates products services of sustaining advantage.The suggest adequate financing can be mechanism by which advantage positively relate increased performance.The strength these variables would heightened as increased.It was further established encouraging culture gain rare core competencies maintain position market leader while advantage.Based recommends conduct surveys determine need current prospective customers.Management should prioritize, invest heavily research development, government strive provide financial support, infrastructural facilities, incentives for operations.

Language: Английский

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Can unemployment be answered by Micro Small and Medium Enterprises? Evidences from Assam

Indian Growth and Development Review, Journal Year: 2021, Volume and Issue: 14(2), P. 199 - 222

Published: May 6, 2021

Purpose Generating meaningful employment has become a major concern for countries across the globe to break vicious circle of poverty. Employment creation becomes more intricate in developing economy like India where population is at an incessant rise, without simultaneous increase generation. In event situations mounting unemployment, micro small and medium enterprises (MSMEs) being largely labour-intensive have been claimed as significant contributor economy’s development induce The study hand attempt gauge overall contributions MSMEs Assam, region Indian sub-continent. However, most importantly, purpose this paper determine if men women are differently employed sample pattern different male female-owned MSMEs. Design/methodology/approach based on uniquely large 320 MSME entrepreneurs with equal representation 160 each from female entrepreneurs. Secondary data sources were also consulted. Study areas comprising Kamrup-Metropolitan Kamrup-Rural, depicting both urban rural respectively. choice activities undertaken by includes wide variety 12 pertaining all general certain gender-specific particular. two hypotheses ( H01 H02 ) formulated tested using Chi-square test Mann-Whitney U test. Furthermore, growth rate generation Assam along number established investment made computed. Findings calculated creation, capital found be positive. Based results Chi-Square Cramer’s V test, establishes strong association between total ). primary suggested that Employing 2,766 people area average 8 per unit. service sector higher than manufacturing units 4 Another vital finding professed women-owned relatively lesser (32.2%) their counterparts (67.8%). mean rank considerably (211.49) testifying male-owned Moreover, (33.4%) thinly (66.5%). Women seen mostly limited themselves micro-units followed small-units. terms nature employment, full-time employees (81.8%) supersede part-time (6.6%). self-employment (5.8%) well identified impeccable answer mitigate problem unemployment. Originality/value novelty lies its meticulous explicit understanding scenario Empirical works fundamentally secondary sources. fills gap providing holistic picture data, but prominently primary. accounts details about gender employees, entrepreneurs, name few

Language: Английский

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The impact of trade facilitation on African SMEs’ performance

Small Business Economics, Journal Year: 2023, Volume and Issue: 62(1), P. 105 - 131

Published: April 13, 2023

Abstract Whilst contemporary literature indicates that the business environment (BE) impacts almost all entrepreneurial activities, there are indications unique and institutional setting in Africa (with its challenges opportunities) nature of SMEs (their strengths weaknesses), among other factors, lead to context-specific impact regulations on performance African SMEs. Using regressions propensity score matching methods a panel 39,461 firm observations (27 countries) from World Bank Enterprise Surveys, we unearthed evidence suggest whilst enabling tax administration licensing improve SMEs’ performance, trade facilitation impedes performance. Furthermore, context competition (from foreign firms) worsens facilitation’s negative These findings fine-tuning BE countries. Trade facilitation, for example, must be carefully thought through implemented way benefit

Language: Английский

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Empirical Nexus Between Firm Characteristics, Market Characteristics, Financial Delinquency, and Its Analogy to Access to Finance for SMEs

Journal of the Knowledge Economy, Journal Year: 2024, Volume and Issue: unknown

Published: Feb. 15, 2024

Language: Английский

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Entrepreneurship Education in South Africa’s Higher Education Institutions:Iin Pursuit of Promoting Self-Reliance in Students

International Journal of Management Knowledge and Learning, Journal Year: 2024, Volume and Issue: 13

Published: March 23, 2024

Purpose: Entrepreneurship Education (EE) has garnered increased attention in SouthAfrican higher education institutions due to its potential foster self-reliance and jobcreation a country grappling with high unemployment rates. This study examinesentrepreneurship education's role promoting economic development povertyalleviation South Africa.Study design/methodology/approach: The adopts systematic reviewapproach explore the effectiveness of entrepreneurship addressingunemployment, creating employment opportunities, fostering growthin Africa. seeks identify key findings insights regardingintegrating into teaching learning practices highereducation by synthesising existing literature.Findings: indicate that toaccelerate growth, reduce rates, alleviate poverty trapsin By equipping students entrepreneurial skills mindset,entrepreneurship can empower individuals establish sustain smallbusinesses, thus contributing reduction.Originality/value: contributes literature providinginsights addressing socio-economicchallenges underscore importance integratingentrepreneurship across all tackle effectively.The emphasises need for concerted efforts from stakeholders prioritise resilience andsocial upliftment

Language: Английский

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Leadership dimensions, employee engagement and job performance of selected consumer-packaged goods firms

Cogent Arts and Humanities, Journal Year: 2020, Volume and Issue: 7(1), P. 1801115 - 1801115

Published: Jan. 1, 2020

Annual growth rate of real GDP per employed person which is an indicator decent work and economic (SDG 8) a measure labour productivity, giving information on the quality efficiency human capital in production process. This study examined leadership dimensions, employee engagement job performance. The reviewed necessary academic literature with theoretical foundations. was descriptive involved distribution questionnaire to 422 staff working selected functioning Consumer-Packaged Goods (CPGs) Firms Nigeria. Using Partial Least Square (PLS) path modelling method, findings showed that three factors, namely dimensions (Transformational, Transactional Lassez faire), performance interact interconnect each other holistic way. model reveals there significant moderate relationship between transformational (r = 0.466, P-value < 0.05), transactional 0.392, 0.05) engagement. A reverse observed faire −0.311, implies increase attitude leaders will ultimately lead decrease On contrary, at r 0.223 (P-value 0.05). It concluded rather than Lasseiz more effective attaining higher levels workers’ Hence, managers firms have major role position influence behaviour employees, then used as productivity SDG 8.

Language: Английский

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The Effect of Muslim Religiosity and Innovation Capability on Firm Survival: A Study on Small Enterprises During the Covid-19 Pandemic

IQTISHADIA Jurnal Kajian Ekonomi dan Bisnis Islam, Journal Year: 2020, Volume and Issue: 13(2), P. 179 - 179

Published: Sept. 24, 2020

<p>This research aimed to examine and analyze the effect of Muslim religiosity innovation capability on firm survival. Also, this investigated moderation role environmental uncertainty The study was conducted during covid-19 pandemic. analysis unit owners processed food small enterprises fostered by regional government Bantul Regency, Yogyakarta. number respondents involved in 120 entrepreneurs. Data were collected using closed questionnaires distributed online, than SEM-WarpPLS. results showed that significantly affected Environmental weakened However, insignificantly These indicate importance religious formation for entrepreneurs crisis time. Innovation is also important increasing survival companies </p>

Language: Английский

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THE DETERMINANTS INFLUENCING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MALAYSIA: A CONCEPTUAL FRAMEWORK

Studies of Applied Economics, Journal Year: 2021, Volume and Issue: 39(4)

Published: May 4, 2021

There is no doubt that the number of women entrepreneurs continues to increase globally. Women in Malaysia are experiencing a drastic decline performance and result shutting down business ventures. The purpose this study examined factors affecting entrepreneurship Malaysia. phenomenal growth gap current literature have necessitated study. Due lack individual characteristics, inadequate family support, access loan finance, gender inequality, mentorship has created huge challenges SMEs for performance’s reduction entrepreneurs. expected results will help affirm relationship between mentorship, entrepreneurs’ performance. This would entrepreneur create platforms performance, improve management skills, strategize easy ways build strong tie job opportunities as well promote economy

Language: Английский

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Determinants of small and medium-sized enterprises performance: The evidence from Vietnam

Cogent Business & Management, Journal Year: 2021, Volume and Issue: 8(1)

Published: Jan. 1, 2021

This paper estimates the factors affecting Vietnamese small and medium-sized enterprises (SMEs) listed on Hanoi Stock Exchange Chi Minh City between 2009 2019. The author adopts a quantitative method (the "Generalized Method of Moments"-GMM) to investigate six statistically significant variables positively SMEs' performance at 5%. These include profitability lag, firm size, leverage ratio, revenue growth, gross domestic product quality national governance. One contributions this study literature is consider ratio as tool improve performance, governance mechanism enhance efficiency.

Language: Английский

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Determinants on Small Scale Business: An Empirical Evidence from Indonesia

International Journal of Sustainable Development and Planning, Journal Year: 2023, Volume and Issue: 18(1), P. 305 - 314

Published: Jan. 31, 2023

In 1997-1998, the resilience of small and medium enterprises (SMEs) was tested when monetary recession paralysed Indonesia.At that time, only SMEs were detected as shining most prominent from other sectors.This study is oriented to investigate effect quality human resources (HR), capital, business length on turnover, labor cost, market share, profit.The design offline survey, where primary data collected a sample invites 285 respondents in three zones Indonesia.Sources information focused addressed SME scales covering fields trade, industry, services.Then, processed, filtered, set using structural equation model (SEM).The findings confirm HR capital drives an increase profit.At one point, actually stimulated but did not generate significant profits.But, profit followed turnover.Similarly, between cost share profit, results are significant.The affects profit.It important for country realize disruptions financial access, capabilities, experience attributes trigger inhibition domestic performance.These alternatives give birth strong SMEs.

Language: Английский

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