• Title/Summary/Keyword: Micro business

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The Effects of Competence and Government Support Service of Micro and Small Business on Performance: Mediating Effects of Self Efficiency (소상공인의 역량과 정부지원 서비스가 성과에 미치는 영향: 자기효능감의 매개효과를 중심으로)

  • Song, Jung Hun;Ha, Kyu Soo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.2
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    • pp.129-140
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    • 2022
  • Micro and small enterprises are businesses that absorb the most labor in Korea. The position of micro and small enterprises in the national economy has an important and strategic role because micro and small enterprises are quite dominant in the Korea economy. The purpose of this study is to look at the effect of the CEO' business experience, competency(job competency, money competency, digital competency), government support service(government support satisfaction, education support) on the performance. For this study, data was collected from 220 CEO by using questionnaires. The statistics analysis SPSS 24.0 was used, it is a factor analysis, reliability test and multiple regression analysis for hypothesis verification. The research results are as follows. First, as a result of examining the effect of the CEO competency on the performance, it was found that among the competency factors, money competency and digital competency had a significantly positive (+) effect on the performance. Second, as a result of examining the effect of government support service on the performance, government support satisfaction, education support had a positive (+) effect on the performance. Thirdly, in the relationship between CEO' business experience, competency, government support service and performance, the mediating effect of self efficiency was significant money competency→self efficiency→performance, digital competency→self efficiency→performance.

Religion and Banking : A Study of Islamic Finance in India

  • Baber, Hasnan;Zaruova, Chinar
    • The Journal of Industrial Distribution & Business
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    • v.9 no.6
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    • pp.7-13
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    • 2018
  • Purpose - The purpose of this paper is to elucidate the limelight question 'why India should open arms for Islamic banking?'. Research design, data, and methodology - The paper is theoretical and conceptual in nature and provides results based on significant literature review. Results - This paper will start with the discussion why Islamic name does not make it only for Muslims?, then its features and how it can improve India's current economic situation. Also this study will analyze the ability of Islamic finance to act as Micro-finance tool by including people who does not participate in economic activities. This paper also concludes that why religious issue should be sidelined in order to accept Islamic finance for empowerment of Muslim and non-Muslim minorities which live in abject poor conditions. Conclusions - Islamic finance has lot of merits which cannot be ignored by only looking at the name and believing that it is only for Muslims. Indian economic system needs a financial system which will work for welfare and not for profit to help poor communities in coming out of poverty. Interest free loans and micro-finance tools are the only way to help below poverty line population to raise their income level.

The Relationship Between Islamic Microfinance and Women Entrepreneurship: A Case Study in Malaysia

  • ISLAM, Md Amirul;THAMBIAH, Seethaletchumy;AHMED, Elsadig Musa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.817-828
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    • 2021
  • This article aims to examine the intention to use Islamic microfinance by women entrepreneurs in Malaysia. Microfinance plays a significant role in developing the modern economy in the world by alleviating poverty, creating employment, and empowering women in society. The framework was built on Innovation and Diffusion Theory and Planned Behaviour Theory. The present study has adopted a quantitative research method, which focused on cross-sectional research design to address this problem. Primary data was collected and processed by using a 5-point Likert scale. For this research, a total of 178 questionnaires were distributed among women owners of micro-enterprises in Malaysia by using area collection sampling. To analyze the data, the SmartPLS 3 software package was used. This study developed seven hypotheses, all which have been supported both directly, indirectly, and mediated. This result will be beneficial in assisting policymakers, academics and future researchers who must consider the supported variables. Thus, the study contributes to developing a unique framework to assist women-owned micro-enterprise to success. It will be beneficial for practitioners to enhance women micro-enterprise success rate as well. Indeed, all of the grounded methods have implications both in theory and their main application for the business in SMEs.

Factors Affecting Women Micro and Small-Sized Enterprises' Success: A Case Study in Jordan

  • THAHER, Lubna Mohammad;RADIEAH, Nor Mohd;WAN NORHANIZA, Wan Hasan
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.727-739
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    • 2021
  • Over the past decades, the Jordanian government has made great efforts to help poor women start small businesses by providing microcredit and facilitating financial services. Although in Jordan almost hundreds of thousands of women have the ability to contribute more fully to their economy, they are reluctant to do so. Women's participation in economic activities in 2016 was only 13.2%, while the unemployment rate for Jordanian women was 24.1%. The decline in women's participation in small business management has gradually become an important issue following the trial of more than 13,000 Jordanian women for non-payment of their micro-loans. This study aims to identify the factors that hinder Jordanian women from achieving job stability. In this qualitative study, a semi-structured interview method with sixteen open-ended questions was used to collect relevant data. A purposeful sampling method is also used to select participants. To analyze the data, this study used NVivo 11 software as a method. Using System Theory, this study showed that women's failure depends on three factors: women entrepreneurs, the environment around women entrepreneurs, and micro-financial institutions. Findings of this study suggest that strengthen women's entrepreneurship sustainability and minimize the risk of failure should be done through integrated strategies include these three domains.

A Study on the One-chip Design of Low Cost for Micro-stepping Drive of 5-Phase Stepping Motor Having Pentagon Type Winding (5상 펜타곤 결선방식 스테핑 모더의 마이크로스텝 구동을 위한 저가형 전용 칩 설계에 관한 연구)

  • Kim Myung-Hyun;Ahn Ho-Kyun;Park Seung-Kyu;Son Young-chul
    • Proceedings of the KIPE Conference
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    • 2002.07a
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    • pp.451-454
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    • 2002
  • In this paper, studied on the one-chip design of low cost for the micro-stepping drive having 5-phase Pentagon Type winding. Micro-stepping method in order to eliminate effectively the resonant phenomena and to Increase the positional resolution. This paper proposed trapezoidal current wave- form for current control and provided design- method by using only one-chip of low cost. Therefore the drive will be simple and small size. Also the drive will have a lot of advantage at commercial business. Finally the above study has been implemented on the VHDL. Simulation has been performed to verify the PWM for micro-stepping drive.

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Synchronization and desynchronization in a biological neural network

  • Cancedda, Stefano;Corsini, Filippo;Marini, Massimiliano;Morabito, Federico;Stillo, Giuliano;Davide, Fabrizio
    • Proceedings of the IEEK Conference
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    • 2002.07c
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    • pp.1867-1870
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    • 2002
  • In the present paper, we will focus on the characterization of the biological network behaviour, in terms of synchronization and desynchronization of the measured signals by Micro Electrode array. We evaluate a easy calculable estimator that implies de/synchronization property of the biological neural network.

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A Study on the Principle of Rationalization in Fisheries Management (어업경영합리화의 원리에 대한 고찰)

  • 공용식
    • The Journal of Fisheries Business Administration
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    • v.14 no.1
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    • pp.1-18
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    • 1983
  • This study has examined the principle of rationalization as a guiding principle in fisheries management. Generally speaking, the guiding principle of business management is the principle of profitability which is oriented to the profit maximization, but it has been insisted by Dr, Mohri that the principle of profitability should be translated into the maximization of ratio of added value on gross capital, According to Dr. Durcker, added value (contributed value) can be used to analyze productivity only if the allocation of costs which together make up the figures is economically meaningful. Therefore, the rationalization of fisheries management can be measured as a result of economic allocation of costs, The analysis of economic allocation of costs divides into macro-allocation of costs and micro-allocation of costs. In fisheries management, the former makes use of the analysis of break-even point, and the latter analyzes the efficiency of individual cost respectively and the state of division of costs which allocate into above-the-line expenses of lay system and management's burden expenses. In macro-allocation of costs, it is advisable that fixed costs be converted into variable costs. This is characteristically possible in fisheries management, because wages belong to variable costs in fisheries management while they are regarde as fixed cost in the other industires. Because we could find that all costs would belong to above-the-line expenses, in micro-allocation analysis, the very costs which are directly related to fisherman's poduction activity should be classified into above-the-line expenses, and the other costs into management's burden expenses. This is a central problem in the rationalization of fisheries management.

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Improvement of mechanical properties of interior fabric using soluble micro-fiber and low melting PET (용출형 극세사와 저온 융착사를 이용한 인테리어 직물의 기계적 물성 개선)

  • Kwon, Yoon-Jung;Ahn, Young-Moo
    • Journal of Fashion Business
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    • v.13 no.1
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    • pp.82-90
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    • 2009
  • This research was made to manufacture the fabric for interior uses by spinning a low melting mono 4 denier PET staple fiber with a soluble 1.4 denier fine PET fiber. The blended yarn has a thickness ranging from 10's to 14's, and the soluble PET fine fiber was dissolved to make a pore in the polymer. Thereby a snap property was decreased and a resilience property was improved to be suitable for a functional synthetic leather. In order to attain the optimum condition, a mechanical property according to fineness, and mixing ratio of low melting polymer, warp density, weft density and blending ratio, and a heat contraction ratio according to blending ratio were experimented. The warp density, 220 T/inch of fine denier PET and the weft density, 64 T/inch of thick denier PET were generated to 4/4 both twill weave fabric having constant tensile property and thickness.

Analysis and Strategy of Economic Development Policy for SMEs in Indonesia

  • DAHLIAH, Dahliah;KURNIAWAN, Agus;PUTRA, Aditya Halim Perdana Kusuma
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.103-110
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    • 2020
  • This study analyzes the strategy of determining economic development planning on SME improvement in Indonesia. A qualitative approach was conducted through interview questionnaires with twenty respondents, including sixteen Regional Apparatus Work Unit, Fisheries and Marine Office lecturers, subdistrict heads, and development observers. The method used is Analytical Hierarchy Process (AHP). AHP prioritizes criteria and sub-criteria to increase economic growth, reduce poverty, and increase community participation, while indicating the sub-criteria to optimize resource potential, strengthen micro-economy, develop tourism potential, utilize fishery potential and cultivation, and improve institutional performance. The AHP weighting results based on competitiveness and regional development of Bantaeng Regency is the priority in policy-making for a solution. The research shows that the government strategy, based on the perception of the stakeholders, is: optimizing resources strategy with priority to maximize the resource-carrying capacity that includes agriculture and farm, tourism development potential strategy, self-reliance of community groups and coaching and management. Strategies to strengthen micro economy include: industrial control, SMEs, community cooperatives and infrastructure improvements, strategies to improve institutional performance work capacity and work ethic, and strategies to utilize fisheries and cultivation potential technological development, provision of processed industries of fishery products, and improvement of the quality of the environment.

Micro Analysis of Gender Effect on Service Quality Determinants and Customer Satisfaction in Banking Sector: A Study of Banks in Saudi Arabia

  • Aljasser, Ibrahim Abdullah;Sasidhar, Bokkasam
    • Asia Pacific Journal of Business Review
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    • v.4 no.1
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    • pp.35-44
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    • 2019
  • Service quality is a competitive weapon in the banking industry. Better understanding of customer's perception of service quality in the banking industry and the drivers of such perceptions will be a sound basis for continuous improvement in the quality of service offered to customers, customer satisfaction and customer retention in the industry. An earlier study by the same authors (Ibrahim and Bokkasam, 2016) revealed that the six SERVQUAL determinants are significantly related to and explain about 84% of overall customer satisfaction. It was also observed that the female customers perceived higher level of positive perception towards SERVQUAL determinants. The present study carries out a micro-analysis of the influence of gender on the constituents of the service quality and customer satisfaction for all the six dimensions of the SERVQUAL: Access, Communication, Competence, Tangibility, Empathy and Reliability, in Saudi banking sector. The study also analyses gender-wise levels of satisfactions with regard to individual components constituting various factors of the constituents of SERVQUAL. It was observed that the male customers have significantly low levels of satisfactions with regard to promptness in solving conflicting issues and comfort during waiting time in the bank.