• Title/Summary/Keyword: Asia Pacific Journal of Small Business

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The Effects of Innovation Activity to Business Performance in Small and Medium Enterprises (중소기업의 혁신활동이 경영성과에 미치는 영향)

  • Koo, Il Seob
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.4
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    • pp.1-8
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    • 2012
  • The purpose of research is to reveal the basic factors which innovation behaviors is motivated in the small-and-medium sized company for strengthening the competitiveness. This study empirically investigates and I was able to obtain participations of 114 questionnaire, and derived statistics by means of SPSS/PC version 18.0. In this study I found that strategic approach of organization and educational supports are significant to effective shop-floor process control. Also, results of process control are significant to customer satisfaction and business performance.

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Determining Factors on Small Food Service Business Performance (소상공인 외식서비스업체의 경영성과 요인에 관한 연구)

  • HwangBo, Yun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.6 no.2
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    • pp.51-73
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    • 2011
  • This study aims to examine factors affecting small food service business performance, which is assumed to be dependent primarily on its outskirt's residents. In contrast to the prior research, this paper measures saveral location traits as a separate service business success factor without including the factor in management factors. The empirical results show that small food service's sales can be determined significantly by business career in entrepreneurs' background features. Secondly, its sales can't be influenced by any psychlogical factors such as a desire of achievement, a propensity of risk taking and locus of control. It is assumed that questions about psychological traits based by the prior research do not suit for small food entrepreneur. Thirdly, qualified product have a significant effect on its sales. Finally, its sales can be significantly impacted by the number of customer chair.

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Impact of Network Formation on Entrepreneurial Performance and Growth: A Study of Selected Small Enterprises in Bangladesh

  • Bhuiyan, Bashir Ahmed;Imam, Mahmood Osman
    • Asia-Pacific Journal of Business
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    • v.3 no.1
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    • pp.29-38
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    • 2012
  • This study aims at evaluating the impact of network formation variables and found to have positive impact on the economic performance and growth of the enterprises. The calucation of the weighted scores of networking statements brought some affirmative results to influence the performance of the enterprises. Through multiple regression and logistic regression models it is identified that network formation variables like service receiving status, consultation of the family, other business dummy and attendance in fair have some significant positive impact both on the growth and performance of the enterprises. In addition to above variables, from the set of enterprise characteristics natural logarithm of the market value of total assets and from the entrepreneurs' characteristics set of variables, schooling year and squared value of the experience have been found to have significant positive impact. Finally, it is concluded in the study that to enhance the performance and growth of the enterprises, government and policy rlated organizations need to consider important variables that have positive impact in supplying the entrepreneurial resources especially, developing the net-working relationship.

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The Effect of Digital Transformation on SMEs using O2O Platforms: Focusing on Customer Engagement

  • Kayoung Shin;Jaeyeon Jeong;Moonkyoung Jang
    • Asia pacific journal of information systems
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    • v.32 no.3
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    • pp.580-600
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    • 2022
  • The purpose of this study is to investigates the effect of SMEs' digital transformation efforts in O2O platforms on customer engagement. This study focuses on digitalization, which is a practically viable phase for SMEs using O2O platforms among the three digital transformation stages (digitization, digitalization, and digital transformation). This study specifically categorizes digital transformation efforts into three categories: information diversity, responsiveness to customers, and the degree of functional use. To analyze the impact of these efforts on customer engagement, we conducted a zero-inflated negative binomial regression using the dataset provided by Naver SmartPlace, a representative O2O platform in South Korea. The results present that the positive relationship between these aforementioned factors and customer engagement. Thus, this study demonstrates that utilizing O2O platforms can be an effective strategy for SMEs that lack the resources to achieve a successful digital transformation.

(Reprint) Critical Review of Global Strategy in Japanese Small- and Medium-sized Companies: A Case of I.S.T Corporation that Dominated the Global Market ((再発行)日本の中小企業のグローバル戦略に関する一考察: 世界を制覇したI.S.Tの事例)

  • Kang, Sangmin;Kim, Changju;Tanaka, Mikihiro
    • Journal of East Asia Management
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    • v.2 no.1
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    • pp.1-21
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    • 2021
  • 競争が激しいグローバル市場において, 中小企業はどのようにして持続可能な競争優位を獲得するのかという問題を抱えている。 しかし, 中小企業のグローバル市場における経営課題や戦略の実態についてはわからないことが多い。 そこで本研究では, 日本の中小企業がグ ローバル市場でどのようにして競争優位を獲得することができるのかについて事例分析を通じて探ることを目的としている。 本稿で取り上げるのは, 事務機器 (例:コピー機およびプリンター)で広く使用されているポリイミドトナー定着チューブで世界最高のシェア (40%)を有する I.S.T (Industrial Summit Technology)である。 I.S.Tがポリイミドトナー定着チューブ製品の開発・販売を通じて, ど のようにしてグローバル市場の競争優位を獲得したのか, その歴史的な展開から明らかにする。 インタビュー調査からはI.S.Tが競争力のあるグローバルヒドゥンチャンピオン(Global Hidden Champion)になった主要な要因が, コアコンピタンス, 戦略的ネットワーク, リスクマネジメント, 従業員エンゲージメント, 創業者の起業家精神による従業員とのビジョンの 共有といった5つにあることが判明した。 企業の将来像を従業員と共有することはグローバルヒドゥンチャンピオンになるための第一歩である。 しかし, そのためには, 他社と差別化できる企業固有のコアコンピタンスをもたなければならず, それにはグローバル市場における際立った専門性を確立することが求められる。 一方で, 持続的な競争力を維持するためには, 外部組織との戦略的ネットワークを通じ, 経営資源の不足といった中小企業の弱点を補完すると同時に, 強みをさらに強化する必要がある。 このプロセスでは他社に強みを奪われないためのリスクマネジメントが重要となる。 また, 組織パフォーマンスに対する従業員エンゲージメントの影響の重大性を確認しなければならない。 従業員のエンゲージメントを高めるためには, 企業の歴史と個性に合った理想的な組織文化を構築する必要がある。 そうした組織文化は従業員に自身の創造的な発想を実現するような取り組みを促すことになる。

The Effects of Korean Ventures' External Collaborations on their Performance (벤처기업의 외부협력이 경영성과에 미치는 영향)

  • Kim, Jong-Woon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.1
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    • pp.215-224
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    • 2012
  • The purpose of this study is to investigate the external collaboration factors that affect the performance of Korean venture businesses. We use 1,567 firm data (from Venture Business Survey by Small & Medium Business Administration) and analyze the effect of the external collaborations with large business, research institutions, other small business, and foreign companies, on their sales increase between 2008 and 2009. Our analysis shows that Korean venture business' collaborations with research institutions or foreign companies increase their sales statistically significantly, while their collaborations with large business decrease their sales significantly. In the mean time, their collaborations with other small businesses show no significant result. Additional analysis on the collaboration categories between venture businesses and large businesses shows that collaborative R&D, employee training and collaborative marketing help venture business to increase their sales significantly, while financial collaborations have a significant negative effect on sales increase. Technology transfers and profit-sharing mechanism have no significant effect. The result shows that venture business' collaborations for the increase in the fundamental capability of innovations and for searching new markets rather than simple transfer of technology or financial collaborations, have significant positive effects on the increase in sales.

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Factors Affecting Outsourcing Decisions in the Implementation of Small and Medium Sized Cyber Shopping Shops (중소 사이버쇼핑숍 구현에서의 아웃소싱 결정요인에 관한 실증적 연구)

  • Chung, Young-Soo
    • Asia pacific journal of information systems
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    • v.12 no.2
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    • pp.25-44
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    • 2002
  • The internet-based electronic commerce is considered as a new strategic alternative to boost competitiveness for small and medium-sized enterprises(SMEs). However, very little research about them has been reported. Meanwhile, the cyber shopping shops in Korea are growing rapidly in their numbers, scales, and diversity of business models. The primary purpose of this study is to investigate the factors influencing outsourcing decisions in the implementation of small and medium-sized cyber shopping shops. Based on the previous studies on IS outsourcing, marketing channel, and their related theories, three areas of determinants(IT & organizational, product, marketing channel characteristics) were identified. Responses of 125 cyber shopping shops from e-mail survey indicate that IT capability, technical specificity of shop implementation, degree of product customization, average amount of order, marketing capability are negatively associated with outsourcing of cyber shopping shop implementation. The results also indicate that the outsourcing decision on systems implementation and marketing channel selection(direct/indirect selling) is performed separately.

A study on the Effects of Small Business Managerial Performance with Small Business Support Systems in Gyeongnam (소상공인 지원제도가 경남지역 소상공인 경영성과에 미치는 영향)

  • Jeong, Gab Soo;Seol, Byung Moon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.2
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    • pp.221-232
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    • 2016
  • The impact of the recent small business start-up competition in the market, has become overheated. It is effected by early retirement of a generation of youth employment. This study is a study on the impact of SEMAS(Small Enterprise and Market Service) system operating of the funding system, education support programs, and consulting support system on the business performance of small business owners. It has surveyed 272 business owners, in Gyeongsangnam-province. The study includes specific support system for usage frequency and satisfaction and conducted from January 2013 to September 2015. In addition, it analyzes characteristic that motivation, business model, item, owner's experience, sales and demographic by small business owner. Analysis results, the management performance of small business that uses financial support system and consulting support system is shown to be high. But education support system is the opposite effect. As a result, the management performance is related to industry experience. Therefore education support system need to be reorganized to the support depends on the development stage. This study was conducted to help small business owners entered the start-up market and a decision-making person with a policy decision.

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Development Strategies of Credit Union - As Financing Source for Small Business Startups - (소상공인 창업자금조달과 신용협동조합 역할과 발전방안)

  • Ryu, Duk-Wi
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.6 no.2
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    • pp.115-132
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    • 2011
  • This paper examines the factors affecting financial exclusion, and proposes the strategies for enhancing the role of credit unions as financing source for small business startups. Credit cooperative institutions have played an important role in assisting people and communities who suffer from social and financial exclusion such as small business owners. But many of them have closed and lost their operational grounds by financial restructuring. Accordingly people with low credit scores have faced with increased financial constraints and the government has proposed various measures to assist them. Credit unions should develop strategies more actively to ease their financial constraints, expand and reinforce the operational grounds through relationship banking, enhance competitiveness by community based specialization strategies and developing models.

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An Empirical Study on the Relationship between Selection factors of Franchise brand and Franchisee's Business Satisfaction, Performance (외식 프랜차이즈 브랜드 선정요인과 사업만족도, 성과 관계 연구)

  • Yang, Sook-Kyeong;Kim, Sun-Bae
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.6 no.1
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    • pp.39-58
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    • 2011
  • The Study on the Influence of Selection factors of Franchise System and Franchisee's Satisfaction in the Food Service Franchise Industry. Franchisors can use franchisee selection criteria as a key input control to enhance the outcomes of their future franchisees. A business technique based on long term contractual arrangements between two legally independent businesses and relying on certain inputs from both parties for success and survival has significant potential for conflict. Furthermore,with many independent small businesses falling to reach their full potential, it is important to evaluate franchising as an alternative system of business management and to identify the characteristics of franchisor and franchisees which contribute to the satisfactory operation of a franchised small business. Thus, the objective of this study was to investigate a possible relationship between franchisee satisfaction and certain characteristics of the franchisor and of the franchisees themselves. In accordance with results of a hypothesis verification, a Selection factors of Franchise affects positively a Franchisee's Business Satisfaction.

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