• Title/Summary/Keyword: SME's

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The Effects of Project based Action Learning in Web-based SMEs : ALPACO Case

  • Kwon, Soo-Ra
    • Journal of Information Technology Applications and Management
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    • v.16 no.3
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    • pp.113-124
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    • 2009
  • How can action learning program promote organizational learning performance and especially project based team performance in Web-based small and medium-sized enterprises (SMEs)? This article discusses the association between project based team in action learning program and the performance of Web-based SME to be learning organization. In the case of ALPACO, action learning program that promote employee communication behavior, knowledge sharing, and organizational learning are found to be positively associated with the project based team performance and organizational learning, The results indicate that action learning program in SMEs indeed associated with greater knowledge sharing, learning communication skills and changing organizational culture. Learning organization can be, in turn, positively developed by project based team through action learning program for creating competitive advantage, Also, this study offers further support for the practical perspective on learning organization performance. The evidence from this case study suggests that the project team in action learning program playa significant role in team performance and the development of learning organization of the firm. Therefore, in the future, Web-based SMEs should consider making investments in action learning program that encourage project team's effective management in decision making, knowledge sharing, and organizational learning.

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Product Characteristics, Market Competitive Strategies, and SMEs Performance: Testing Their Relationships

  • HARJADI, Dikdik;YUNIAWAN, Ahyar;ABDURRAHMAN, Agus;DANANJOYO, Radyan;FILATROVI, Eldes Willy;ARRANIRI, Iqbal
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.613-620
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    • 2020
  • COVID-19 pandemic has made the economy in Indonesia sluggish, especially Small and Medium Enterprises (SMEs). Simultaneously, the SMEs existence in Indonesia is fundamental and considered important by the government since it is able to assist numerous laborers and become an income source for the lower and middle classes of the community. The productivity of SME in a region will undeniably influence the availability of job and, of course, reduce the number of unemployed. Therefore, in this study, the researchers looked at how to improve SMEs performance to continue to exist amid the COVID-19 pandemic, by identifying the relationships between product characteristics, market competitive strategies, and the performance of SMEs. The research was done on SMEs in West Java, Indonesia. The example employed was Batik SMEs in Cirebon with at least 10 years in existence, and the total number of these SMEs was 165. As the basis of a quantitative approach, this study employed survey instruments by distributing a questionnaire. In analyzing the data, it utilized the structural equation modeling (SEM). The result showed a significant relationship between Product Characteristics, Market Competitive Strategy, and Price and Product Success Rate on SMEs Performance. This study's findings contribute to the SMEs performance literature.

Fabrication and superconducting properties of Bi2212 Rutherford cables (대전류 통전용 Bi2212 러더포드 도체 제작 및 특성 평가)

  • Kim, Sang-Chul;Ha, Dong-Woo;Oh, Sang-Soo;Oh, Jae-Gun;Han, Il-Yong;Kim, Ki-Chang;Shon, Ho-Sang
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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    • 2008.06a
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    • pp.296-296
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    • 2008
  • 대용량의 초전도 전력기기에 사용되는 도체는 일반적으로 대전류를 통전할 수 있는 도체를 필요로 한다. 특히 SMES와 같이 펄스적으로 운전하는 코일에서 도체의 전류 용량을 증가시키면서 동시에 교류손실을 줄이는 방법으로 도체를 제조하기 위해서는 여러 가닥의 소선을 꼬아서 만드는 러더포드 케이블로 제조할 필요가 있으며 이를 위해서는 소선이 원형 상태를 유지하고 있어야 한다. Bi-2212 고온초전도선은 유일하게 원형 상태에서의 응용이 가능하므로 이 선의 개발 및 케이블 공정 개발은 매우 중요하다. 본 연구에서는 Bi-2212 고온초전도 소선을 사용하여 Rutherford 케이링을 할 수 있는 장치를 개발하였으며, 이 장치를 이용하여 복합 다심의 Bi-2212 초전도 소선을 8본, 20본 그리고 30본의 Bi-2212 러더포드 케이블을 110 m 길이까지 가공하였다. 제조한 러더포드 케이블 시료를 열처리에서의 부분용융 온도를 변화시키는 것으로 열처리 조건을 연구하였고, 77K, 64K 그리고 4.2K에서 임계전류 특성을 조사하였다. 또한 초전도 소선의 미세 조직을 관찰을 통하여 초전도 특성을 향상시키고자 하였다. 그래서 30본의 Bi-2212 러더포드 케이블에서 4.2K 온도로 환산하였을 때 5000 A를 초과하는 특성을 얻을 수 있었다.

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The Importance of Knowledge Produced in the Management Consulting Sector -A Perspective Analysis related to the research field of Strategy-as-Practice

  • da Costa, Renato Lopes;Antonio, Nelson Santos
    • East Asian Journal of Business Economics (EAJBE)
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    • v.2 no.3
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    • pp.1-17
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    • 2014
  • Although management consulting activities have obtained a considerable growth in terms of economic significance in recent years, these results have not been duly followed by a greater number of conceptual and empirical research in this area. In order to fight the lack of studies on the actual work of management consultants, this article aims at answer some questions that remain open. Is management consulting an intensive and specialized knowledge activity? Are there knowledge and learning key success factors in this area? Are consultants the real experts and the true practitioners of strategy as practice? The results of the empirical analysis in the form of semi-structured interviews and questionnaires given to management consultants and SME managers in Portugal shows that management consulting is founded on a knowledge-intensive base, although consultants cannot be called strategy practitioners as many authors call them. This is illustrated by the Portuguese model of determinants that constitute the management consulting industry presented in this article, which means this proposition is a new direction in strategic thinking in what the field's research strategy-as-practice concerns.

A Modeling and Optimal Site of SMES for Power System Stabilization (계통안정화를 위한 SMES의 모델링과 적정위치 선정)

  • Kim, Jeong-Hun;Im, Jae-Yun;Lee, Jong-Pil
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.48 no.5
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    • pp.494-501
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    • 1999
  • In this research, ANN modeling method of SMES unit is developed for stability analysis, and the optimal site is selected to maximize stabilization effect of SMES unit. The ANN is trained by learning data which is obtained through the application of complex test function into the traditional mathematical mode. In order to verify the validity of proposed modeling method, fault data of sample power system is applied to both the traditional and the ANN models. When the response of traditional and proposed models are compared, the average error for the active and reactive power are 2.51[%], and 0.24[%], respectively. From the comparison, the relevance of proposed method is validated. For the transient stability analysis, an application method of the proposed model is presented, and the transient stability performance index, which describes system stabilization effect of SMES at disturbance, is also suggested, and optimal site selection method of SMES is presented. In the viewpoint of the voltage stability, system stabilization criterion of local bus is presented from P­V curve, and then optimal site which can maximize the voltage stabilization of the whole power system, is decided from the proposed voltage stability performance index.

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Electrical Insulation Characteristics of HTS SMES (고온초전도 SMES의 절연특성)

  • Cheon Hyeon-Gweon;Choi Jae-Hyeong;Kwag Dong-Soon;Kim Hae-Jong;Seong Ki-Chul;Yun Mun-Soo;Kim Sang-Hyun
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
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    • v.19 no.6
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    • pp.574-578
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    • 2006
  • Toward the practical applications, on operation of conduction-cooled HTS SMES at temperatures well below 77 K should be investigated, in order to take advantage of a greater critical current density of HTS and considerably reduce the size and weight of the system. Recently, research and development concerning application of the conduction-cooled HTS SMES that is easily movement are actively progressing in Korea. Electrical insulation under cryogenic temperature is a key and an important element in the application of this apparatus. Using multi wrapped copper by Polyimide film for HTS SMES, the breakdown characteristics of models for turn-to-turn, that is surface contact model, were investigated under ac and impulse voltage at 77 K. A material that is Polyimide film (Kapton) 0.025 mm thickness is used for multi wrapping of the electrode. Statistical analysis of the results using Weibull distribution to examine the wrapping number effects on breakdown voltage under at and impulse voltage in $LN_2$ was carried.

Determinants Influencing Management Competency of Small and Medium Enterprise Directors in Vietnam

  • DOAN, Thi Mai Huong;DO, Minh Thuy;MAI, Thanh Lan;DO, Vu Phuong Anh;NGUYEN, Thi Loan
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.107-115
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    • 2021
  • Currently, small and medium-sized enterprises (SMEs) are accounting for about 98% of the total number of enterprises in Vietnam. Each year, SMEs create over one million new jobs, utilize up to 51% of the labor force in the society, and contribute more than 40% of GDP to the country. The study aims to analyze factors affecting the management competency of directors in small and medium enterprises in Vietnam. To achieve these research objectives, quantitative and qualitative methods were used concurrently. 300 questionnaires were sent out, but only 276 were collected and used for the quantitative analysis through SPSS 20.0 software. Cronbach's Alpha, EFA, and regression were used to further confirm the research findings. The research findings show that all four proposed factors have impacts on the management competency of SME directors, among which enterprise features and specific policies for entrepreneur development in the locality have the strongest impacts, followed by personal features and business environment. The findings of this study suggest that managers need to focus on factors affecting the management competency of directors. This paper also provides new insight into the management competency of directors. Based on the findings, some recommendations are given for SMEs to improve management competency.

Perceived Motivators and Barriers for Entrepreneurship: An Empirical Study of SMEs in Oman

  • GUPTA, S.L.;HODA, Najmul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.863-872
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    • 2021
  • The main goal of this research is to understand how small and medium enterprises (SMEs) owners in Oman perceive the factors that drive or impede their growth and sustainability. Based on survey data of 395 SMEs in Oman, factor analysis was conducted to check if all the items load as one factor in each of the constructs. The results show that all the items measuring motivators and barriers loaded significantly for the respective scales, with high reliability (Cronbach alpha for Motivators = 0.991 and Barriers = 0.995). Relationships between the demographic factors of entrepreneurs and firm characteristics were tested and it was found that all the four variables: age of the entrepreneur (p = 0.00), qualification of the entrepreneur (p = 0.00), SME sector (p = 0.00), and age of the firm (p = 0.00) have a significant relationship with both the Motivators and the Barriers. The findings of this study could have significant implications for policymakers in Oman and other Middle Eastern countries. Since SMEs face similar problems and are given priority around the world, the findings could be applicable to other countries, as well. The findings also add important results to the empirical literature on SMEs.

The Impact of the COVID-19 Pandemic on the Batik Industry: An Empirical Study in Indonesia

  • PANJAITAN, Feliks Anggia B.K.;SAYYID, Mokhtar;MAQSUDI, Achmad;ANDJARWATI, Tri
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.923-930
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    • 2021
  • The COVID-19 pandemic weakened the small- and medium-sized enterprise (SME) sector. The decline in turnover is one that is felt by the batik industry in East Java, and the decline in turnover in the batik industry is very drastic. This research was conducted to prove the influence of the COVID-19 pandemic on SMEs in the batik industry. One model is proposed to prove the existence of an increase in the performance of the batik industry's SMEs by implementing a customer relationship management strategy, business strategy, and market orientation. The study population was the batik industry entrepreneurs in East Java, Indonesia, using SEM analysis based on Amos, purposive sampling method, and a sample of 180 respondents. The results showed that the model was accepted. The results also show that customer relationship management and business strategy contributed to the performance of SMEs, while market orientation did not contribute to the performance of SMEs during the COVID-19 pandemic. To be able to maintain the sustainability of the company, the steps taken by the company are to lay off some of the employees, and during the production period the production stops, and focus on selling goods that have been previously produced.

E-commerce adoption within SME's in Ghana, a Tool for Growth?

  • Agyapong, Christian Sarfo
    • 한국벤처창업학회:학술대회논문집
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    • 2018.11a
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    • pp.269-275
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    • 2018
  • Electronic commerce, the act of trading online, with its myriad of potential has been seldom looked at within the context of developing countries. E-commerce presents SMEs in developing economies the opportunity to adequately compete on a global stage. The exponential growth of e-commerce in developed economies further widens the financial gap between developed and developing economies. This study looks at a practical e-commerce adoption framework for Ghanaian SMEs and by extension, developing economies and looks at the net benefits that are available to current adopters. The study uses structural equation modeling, using Partial least squares (PLS) regression to analyze the data in the research. Using PLS algorithms as well as bootstrapping calculations. It combines the use of surveys (154) and interviews (38) as means of data collection. The findings of the research indicate that there is a need for legislation on e-commerce trading to regulate the trade in Ghana, with policies such as e-contracting and e-signature laws among others. Also, a current call for an expansion of the mobile payment methods within the country. For the private investor, a ripe market for logistics services. The study also proposes a simple guideline for SMEs looking to adopt or expand their e-commerce usage, that considers technological, organizational and environmental factors that come to play within e-commerce adoption.

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