• Title/Summary/Keyword: Small and medium enterprises

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A Relative Importance Analysis of Promoting Factors for Technological Commercialization of Small and Medium Enterprises Manufacturing Railway Car Parts (철도차량부품 제조 중소기업의 기술사업화 촉진요인에 대한 상대적 중요도 분석)

  • Kim, Myung Jong;Koo, Jeong Seo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.38 no.6
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    • pp.1001-1012
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    • 2018
  • Regarding the small- and medium-sized enterprises in Korea that manufacture the railway vehicle parts, there are over 250 related companies. And they have been surviving in the form of producing and delivering the parts of the railway vehicles by importing the technologies and the products of the foreign countries rather than possessing their own technological abilities. Due to this, regarding the industry of the core components of the railroads, the dependence on the overseas has been high. As such, although, for supporting the small- and medium-sized enterprises that manufacture the railway vehicle parts, the government has been strengthening the diverse policy supports, it is a fact that the effectiveness of the support is not high. And, in order to effectively support these, there is a need to understand clearly and definitely what the important promotion factors are in the process of the technology commercialization. Accordingly, through the precedent researches regarding the factors that promote the technology commercializations of the small- and medium-sized enterprises that manufacture the railway vehicle parts, this research had extracted 10 main items. And the level of the importance of these indices was analyzed by using the AHP (Analytic Hierarchy Process). As a result of the AHP analysis, the factors within a corporation appeared to be the most important factor. And, as for the lower-ranking item, the commercialization capability was analyzed to be the most important item. It is highly expected that the contents and the results of this research will be usefully used when formulating the planning of the support program and the support policy for the technology commercializations by the public research organizations and the railroad management organization, which is an organization that supports the small- and medium-sized enterprises that manufacture the railway vehicle parts.

Determinants of the Competitiveness of Women-Owned Small- and Medium-Sized Enterprises: An Empirical Study from Vietnam

  • DAO, Tien Ngoc;LE, Ha Thi Thu;CHU, Phuong Thi Mai;PHAM, Ngan Hoang;LUONG, Trang Thi Dai;TRAN, Dung Tri
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.345-352
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    • 2021
  • Guided by a resource-based theory, this study is the first one that takes a quantitative approach to identify determinants of competitiveness of women-owned small and medium enterprises (SMEs) in Vietnam. The study employs time series data of Vietnamese SMEs extracted from the Vietnam Small and Medium Enterprises Survey conducted biennially from 2005 to 2015 in ten Vietnamese provinces. Firm competitiveness hereby is indicated by revenue, market share, profitability, and export volume. The research reveals a number of determining factors, of all, research and development, labor skills, business environment, technology investment are the most important factors, followed by capital and headcount. It is indicated that the determining factors have different influences on competitiveness obtained by different measurements. Therefore, it is based on specific targets and situations to make wise business decisions. The authors also make comparisons among groups of women-owned enterprises divided by their firm age, location, ownership, export, age, and educational background of business owners. The findings serve as critical empirical evidence and provide policy recommendations for improving the competitiveness of women-owned SMEs in Vietnam. The recommendations range from technology support, education and professional support for female entrepreneurs, access to capital and human resources to business environment improvement.

The Contribution of Small and Medium-Sized Enterprises in the Economic Growth of the Southeast Region of Vietnam

  • PHAM, Thanh Van;NGUYEN, Van Luan;NGUYEN, Thi Lai;PHAN, Thi Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.9
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    • pp.155-163
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    • 2021
  • This research was conducted to check the impact of factors related to the small and medium-sized enterprises (SME) on the economic growth in the Southeast region of Vietnam, over the years from 1996-2019. This paper applies a combination of FEM, DKSE, GMM, and RIDGE-FEM regression methods to estimate the influence of independent variables on the economic growth of the whole Southeast region with the panel data collected from GSO; and applying the OLS regression model for each province. The study finds that all variables have a statistically significant positive impact on the economic growth of the study area. Accordingly, the importance of the variables is in the following order: (1) the proportion of workers by professional and technical qualification (SMEH), (2) the number of vocational training schools (LnTSCH), and educational level of workers (LnSchool), (3) the number of SME enterprises (LnSME); (4) The average number of years in the schooling of employees in the enterprise (LnSchool); (5) Enterprise capital (LnCAP); and (6) the average number of employees of SME (LnSMER). The research results also show that factors related to the quality of labor resources have a more positive influence on growth than both the labor size and financial capital of SMEs.

Impacts of Small and Medium Enterprises' Recognition of Social Media on Their Behavioral Intention and Use Behavior (중소기업의 소셜미디어에 대한 인식이 활용의도 및 실제 활용에 미치는 영향 - 기업특성의 조절효과를 중심으로 -)

  • Lee, Jung Woo;Kim, Eun Hong
    • Journal of Information Technology Services
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    • v.14 no.1
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    • pp.195-215
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    • 2015
  • Recently, as the number of smart-phone users has been rapidly increased, enterprise managers have a keen interest in business application of social media. Most previous studies have focused on perspective of the individual unit of analysis instead of enterprise level unit. The study is focused on the relationship between the enterprises' recognition and behavioral intention (and use) about social media application. The purpose of this study is to develop the model of small and medium enterprises' social media application, and to find the factors affecting their behavioral intention or use behavior. The moderating effects of four corporate characteristics on the relationship between the enterprises' recognition and behavioral intention are also examined. We surveyed 900 corporate staffs and received 203 responses. After questionnaires with unreliable responses had been excluded, 182 effective samples were used in the final analysis. The findings suggest that Performance Expectation, Social Influence, Facilitating Conditions significantly affect Behavioral Intention of social medea, and Behavioral Intention affects USE. Furthermore, some corporate characteristics have moderating effect on the relationship between recognition of social media and Behavioral Intention.

Development of the Judgment Method of the Occupational Safety & Health Management System for Small & Medium Enterprises (중소규모 사업장용 안전보건경영시스템의 인증 심사방법 개발)

  • Jang, Seo-Il;Ha, Jeong-Ho;Lyu, Bo-Hyuk;Kwon, Hyuck-Myun;Kim, Tae-Ok
    • Journal of the Korea Safety Management & Science
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    • v.11 no.3
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    • pp.1-9
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    • 2009
  • The present management of the domestic and international advanced enterprises is transferring the systems and the regulations to the prevention system management. Expecially, KOSHA (Korea Occupational Safety & Health Agency) in Korea has supported to set up the OSHMS (Occupational Safety & Health Management System) by KOSHA 18001 since 1997. But small & medium enterprises (SMS) has many difficulties to set up the OSHMS system because of limited natural and human resources. In this study, the rating system as a judgment method of an OSHMS based on the certification standard of the OSHMS, which was suggested in previous study, was developed for SMS to adopt voluntarily the OSHMS, certify KOSHA 18001, and improve the safety and health level.

A Study on Selection Factors of Consulting Company for the Certification of Information Security Management System (정보보호 관리체계(ISMS) 인증을 위한 컨설팅 업체 선정 요인에 관한 연구)

  • Park, Kyeong-Tae;Kim, Sehun
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.24 no.6
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    • pp.1309-1318
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    • 2014
  • In the past few years, data leakage of information assets has become a prominent social issue. According to the National Industrial Security Center in South Korea, 71 percent who suffer from technology leakage are small and medium sized enterprises. Hence, establishment and operation of ISMS (Information Security Management System) for small and medium sized enterprises become an important issue. Since it is not easy to obtain ISMS certification for a small or medium sized enterprise by itself, consultation with an expert firm in information security is necessary before the security implementation. However, how to select a proper security consulting company for a small or medium sized firm has not been studied yet. In this study, we analyze empirically the selection factors of ISMS certification consulting company for a small or medium sized firm through exploratory factor analysis (EFA). Our study identified the following four important factors in selecting a security consulting company: expertise of the staffs and human resource management proficiency, market leading capability, competence to make progress during the consultation, and the performance and the size of the physical assets and human resources.

A Method of Progress Management of Projects Based on Schedule for Small and Medium Enterprises (중소기업을 위한 일정 기반의 프로젝트 진도 관리 방안)

  • Oh, Joseph;Kim, Bo-Hyun;Baek, Jae-Yong;Jung, So-Young;Choi, Young-Jae
    • IE interfaces
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    • v.25 no.2
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    • pp.276-282
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    • 2012
  • Earned value management(EVM) based progress management was designed to systematically manage large or huge projects with budget based criteria. For this reason, existed methods of EVM based progress management have a practical difficulty to apply to small and medium enterprises(SMEs) not possessing enough human resource, time, and cost. In other words, SMEs have performed simultaneously many small-sized projects emphasizing more project delivery than project budget. This study focuses on the area of project management applying to many small-sized projects simultaneously conducted by SMEs. Thus, the method proposed in this study is to manage only the progress of projects after removing cost factor in order to reduce man powers required for allocating the budget of projects to their all activities in detail in the stage of project planning. This study reveals that SMEs are able to manage progress of many projects easily and intuitively using the proposed method.

Rational Cooperation Methodology for Activities of Single PPM and 6 Sigma (싱글PPM활동과 6시그마활동의 합리적인 연계방법)

  • Koh Sang-Rag;Kim Chang-Eun
    • Journal of the Korea Safety Management & Science
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    • v.7 no.4
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    • pp.121-140
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    • 2005
  • In Korea, an enterprise usually operates two kinds of similar innovative activities at the same time and the same place. The activities make medium and small enterprises incur conflicts of taske and wastes of resources. The solutions for cooperation of the activities, Single PPM and 6 Sigma, are increasing the competency and efficiency of the medium and small enterprises in Korea.

A Study for Governmental Support to building Information Systems of Small and Medium-sized Enterprises (중소기업의 정보화지원정책에 관한 연구)

  • 서정우;김은홍;안성만
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.289-292
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    • 2003
  • SME's (Small and Medium-sized Enterprises) have limited resources to build information systems on their own. We suggest what government need to do to support SME's, which includes establishing a one-stop service center, outsourcing of public service, and triggering strategy In order for the government support to be effective, it should serve SME's needs continuously and professionally.

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A case study on revitalization scheme for hybrid business association (강원도 산학 협력 프로그램 운영 방안 사례)

  • Lee, U-Cheon;Park, No-Guk
    • Proceedings of the Safety Management and Science Conference
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    • 2011.11a
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    • pp.145-155
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    • 2011
  • Ten years have passed since the establishment of KOSHBA(Korea Small and medium enterprises Hybrid Business Association). KOSHBA is composed of over 400 regional groups; over 6,000 enterprises are participating in the association. To become a dynamic and vital association, it is necessary to share, learn, and discuss their managerial problems based on mutual trust and respect at the regular monthly meeting.

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