• Title/Summary/Keyword: Factors Supporting Business

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Factors Supporting Business and its Distrubution to Business Resilience In New Normal Era

  • HIDAYAT, Muhammad;LATIEF, Fitriani;WIDIAWATI, Andi;ASBARA, Nurkhalik W.;ZAENI, Nurhaeda
    • Journal of Distribution Science
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    • v.19 no.11
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    • pp.5-15
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    • 2021
  • Purpose: The current study aims at knowing and testing factors supporting business and how to distribute it for resilience business in new normal era. Factors Supporting business resilience will be seen in terms of entrepreneurial competence, technology utilization and government support for business resilience through entrepreneurial spirit as an intervening variable. Research design, data, and methodology: A constructed questionnaire in direct survey and interview was conducted with 97 respondents in South Sulawesi. Partial Least Square (PLS) analysis, was utilized to analyze and verify all the data. Results: This study indicated entrepreneurial competence and utilization of technology have a positive and significant effect on entrepreneurial spirit, while government support has no significant effect on entrepreneurial spirit. This study also indicated that entrepreneurial spirit has a significant effect on business resilience. Conclusion: To increase business resilience, it is very important to have entrepreneurial skills and mastery on utilization of technology. To anticipate future crises, entrepreneurial competencies must be evenly distributed both for business owners and for all members of the organization. To institutionalize crisis management in business, it is important for SMEs in Indonesia to develop an institutionalized Business Crisis Management.

Critical Success Factors of TQM Implementation in Vietnamese Supporting Industries

  • TRANG, Tran Van;DO, Quang Hung
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.391-401
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    • 2020
  • The objective of this study is to prioritize the Total Quality Management (TQM) factors based on fuzzy Analytical Hierarchy Process (AHP) method in Vietnamese supporting industries. Through an in-depth literature review, eight criteria were identified. These criteria were then divided into 32 sub-criteria. The fuzzy AHP is used to determine the percent weightings of eight categories of performance criteria that were identified via a review of the quality-management literature. These criteria include management commitment, role of the quality department, training and education, continuous improvement, quality policies, quality data and reporting, communication to improve quality, and customer satisfaction orientation. An empirical analysis of the criteria of each stage using the fuzzy AHP methodology and the expert opinion of quality management are used to evaluate the percent weightings of the criteria and sub-criteria that are synonymous with TQM implementation. The results showed that management commitment is the most critical factor; among sub-criteria, supports and responsibilities of top management is the most important. The study also identified the rank order of critical success factors of TQM. The findings suggest a generic hierarchy model for organizations to prioritize the critical factors and formulate strategies for implementing TQM in supporting industries, as well as other industries in Vietnam.

A Study on Success Factors of Coastal Fisheries in Busan Region (부산시 연안 어선어업 경영체의 성공요인에 관한 연구)

  • KWON, Hyeok-Seung;SONG, Jung-Hun
    • The Journal of Fisheries Business Administration
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    • v.46 no.2
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    • pp.1-11
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    • 2015
  • Due to the environmental changes such as decreasing and aging fishing population and increasing imported marine products, improvement of fishing business competitiveness has become one of important issues. This study aimed to analyze the coastal fishing business units in Busan region and compare their business performances in order to find out success factors. The logistic regression analysis between 4 determination factors of competitiveness and business performances showed that the ship tonnage in the factor conditions, catch of species of fishing types'kg per price in the demand conditions, cooperative sales ratio in the related & supporting industries, and net per cost in the firm strategy, and structure & rivalry had the positive(+) impacts on business performances.

A study on converged influence factors with regard to satisfaction and effectiveness of the programs to support enterprises proceeding with LINC project (LINC사업의 기업지원 프로그램에 대한 만족도와 효과성에 대한 융·복합 영향요인 연구)

  • Yeo, Seok-Ho
    • Journal of Digital Convergence
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    • v.14 no.11
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    • pp.13-26
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    • 2016
  • in order to measure business performance against the programs supporting enterprises proceeding with LINC project, we have evaluated and checked satisfaction and effectiveness of the supporting programs to the extent that how well people recognize its significance and the related influence factors. For doing this, we have utilized questionnaire method and analyzed the research models and hypothesis in accordance with the variables and then verified the hypothesis. Based on the analysis, the satisfaction and effectiveness of the supporting programs was significant, resulting that the better administration system of the colleges and the enterprises participating in the programs, the higher satisfaction. According to this study, the result of the research showed that the degree of participation in the supporting program and the administration system of the colleges are the key converged influence factors to its satisfaction and effectiveness. However, so far, we have only focused on the questionnaire measuring the effectiveness. From next time on, we insist that we have to continually conduct more precise research which analyzes revenues of the participating enterprises.

The Influence of the Women Entrepreneur's Characteristics and Entrepreneurial Supporting Policy on the Managerial Performances (여성 기업가의 특성과 창업지원정책이 경영성과에 미치는 영향)

  • Ma, Yoon-Joo;Jang, Sung-Hee
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.12
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    • pp.3856-3862
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    • 2009
  • The aim of this study is to examine the factors influencing managerial performances of women entrepreneur's characteristics and entrepreneurial supporting policy. This model tests various theoretical research hypotheses relating to characteristics of women entrepreneurs and an entrepreneurial supporting policy. The model is used by SPSS 15.0 for analysis on the sample collected from 130 respondents. The result of hypothesis testing are as follows: need for achievement, risk-taking propensity, vision, opportunity perception and entrepreneurial supporting policy influence positively managerial performances. The results of this study will provide practical implications on success of women entrepreneurs.

Exploring Factors Affecting the Digitization of Blue Economy Micro- Small and Medium Enterprises (MSMEs): Indonesian Context

  • SIHOMBING, Sabrina O.;LAYMAN, Chrisanty V.;HANDOKO, Liza
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.129-135
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    • 2022
  • This study aims to identify the factors supporting and inhibiting the digitalization of blue economy MSMEs in Bitung, Indonesia. The literature shows little research on digitalization related to the blue economy in Southeast Asia, especially in Indonesia. This indicates that there is a large research gap related to digitalization and the blue economy in the Indonesian context. Data was collected through the distribution of questionnaires with open-ended questions to blue economy MSMEs. Data was also obtained from in-depth interviews with representatives of Aruna, an Indonesian company that focuses on simplifying the supply chain of fishery products by connecting small-scale fishers to the global market through technology. According to the study's findings, two primary factors-motivation to develop their business and efforts to maintain seller-buyer interaction-support SMEs' use of technology in the blue economy. However, digital literacy and technological infrastructure, such as the internet network, are the two main factors that become obstacles in the effort to digitize MSMEs in the blue economy. The role of the government is also a contingent factor that can strengthen the relationship between factors that support digitization and weaken the relationship between factors that hinder digitalization.

A Comparison Analysis on the Ship Finance Competitiveness of Korea, China, Japan and Europe (국내외 주요국 선박금융 경쟁력 비교분석 - 한국, 중국, 일본, 유럽을 중심으로 -)

  • Jae-Woong Yoon;Hyoung-Jin Chun
    • Korea Trade Review
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    • v.45 no.3
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    • pp.167-185
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    • 2020
  • The purpose of this study was to measure the competitiveness of ship finance in Korea, Europe, China, and Japan and compare them with each other to derive implications for strengthening the competitiveness of Korea ship finance. in order to achieve this goal Moon Hui-chang (1998) double diamond model was utilized, and the business conditions, factor conditions, demand conditions, and related and supporting industry were defined and measured for ship finance. As a result, Korea is highly competitive in business and demands conditions due to the high competitiveness of the domestic shipbuilding industry, and Europe is superior to Korea in all aspects except for business conditions. Japan failed to innovate and weakened its competitiveness, while China showed high competitiveness in factors and related supporting industries conditions.

Analysis of Start-up Success Factors by AER Case (AER(Asan Entrepreneur Review)사례를 통한 스타트업 기업의 성공요인 분석)

  • Lee, Sangjo;Nam, Jungmin
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.2
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    • pp.39-50
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    • 2018
  • A main purpose of this research is to identify success factors of start-up based on the AER case study. As a result of case analysis, In the early stage, the success factors of start-up are the entrepreneur's history, experience, expertise, prompt judgment, problem-solving ability, the capacity and teamwork of its members, business networks and supporting government start-ups. In the commercialization stage, securing commercialization and investment funds, timing, differentiation strategy, overseas advancement, and acceptance of customer feedback are important. In the growth stage (maturity stage), new product launches and diversification, and establishment of organizational culture are important. Based on the results of this analysis, this study sought success factors and implications for each stage and sought research directions in the future.

A Study on the Investigation of Safety Management System for Venture Business (벤처기업의 안전관리 실태조사 및 개선방안에 관한 연구)

  • 김찬오;유재환
    • Journal of the Korean Society of Safety
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    • v.14 no.1
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    • pp.193-198
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    • 1999
  • The venture businesses deal with various kinds of hazard factors, that is, substances, processes and techniques, which have not been investigated. Nevertheless, the safety management systems of venture businesses are not systematic until now. And also it is very difficult to find out the cases of foreign advanced countries. In this study a questionnaire which investigate the present states of safety management system, have been excuted for 358 venture businesses. As a result, the present states of safety management system of venture business are assessmented, and the supporting direction of the safety management for venture business is proposed.

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A Proposal of Alternative Financial Supporting Policy on IT-related Small & Medium sized Enterprises (IT분야 중소기업 금융지원방식에 대한 정책 제언)

  • Khoe, Kyung-Il
    • Journal of Digital Convergence
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    • v.11 no.11
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    • pp.279-287
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    • 2013
  • This paper proposes several alternative government financial supporting policy on IT-related small and medium sized enterprises. First, this paper considers reforming factors relating to current financial supporting policy and studies foreign government supporting loan programs through benchmarking so as to derive alternative financing supporting policy. Secondly, this paper analyses several investment supporting policies on IT-related small and medium sized enterprises. Finally, new Korean government financial supporting policy on IT-related small and medium sized enterprises is collectively diagnosed by putting comprehensive analyses together in this paper.