• 제목/요약/키워드: Small-Medium Size Enterprises

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Analyzing Government Support Program for R&D Collaboration and Distribution for Korean SMEs: A Case for Equipment Leasing Program

  • PARK, Mun-Su;CHANG, Soonwoo Daniel
    • 유통과학연구
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    • 제20권12호
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    • pp.99-108
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    • 2022
  • Purpose: This study attempted to identify determinants affecting research collaboration and R&D distribution activities, especially regarding facility and equipment leasing of small and medium enterprises (SMEs) in South Korea. The objective of this study was to find the most significant firm characteristics that affect firms participating in an R&D collaboration and distribution program and investing in R&D in terms of leasing payment for equipment. Research design, data, and methodology: This study analyzes which SMEs' characteristics influence external research cooperation activities by examining the SMEs that received government support for equipment leasing using multiple regression analysis and residual plots. The survey combined two databases: 1) a fact-finding survey of participating firms by the Ministry of SMEs and Startups, and 2) leasing information by the Korea Association of University, Research Institute and Industry. Results: The study found that firm size positively impacts R&D investment, R&D collaboration and distribution. Conclusions: The study provided evidence to policymakers and government officials that firms with more employees will more likely participate in government support programs. The study results also prove that government officials believe firm location does not impact R&D investment, R&D collaboration and distribution.

Correlation between the Profitability and Working Capital Practices: A Case Study in the Gulf Cooperation Council

  • KHAN, Mohammed Abdul Imran;ALAM, Md. Shabbir;SYED, Ahsan Jamil
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.229-235
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    • 2021
  • The ability of entrepreneurs to arrange working capital is the key to maximizing the profitability of small- and medium-sized enterprises and the wealth of entrepreneurs. The study investigates the correlation between entrepreneurs' working capital management and the profitability of SMEs listed on six Gulf Cooperation Council (GCC) stock exchanges between 2019 and 2020. The secondary data is collected from the financial statements of SMEs listed on the six GCC stock exchanges. Actual sample for the research study was a total of 136 small- and medium-sized enterprises selected using purposive sampling methods. Four research models were considered in this analysis, all ending up affecting gross profits. The selected entrepreneurial SMEs were listed on six different Gulf Cooperation Council stock exchanges during 2019-2020. The fixed financial assets ratio, financial debt ratio, and company size are used as control variables and data were analyzed using multiple regression. The research results demonstrate that there is a statistically significant negative correlation between profitability measured by gross profit and cash cycle and the components of the cash cycle (including days of accounts receivable and days of inventory). The study further reveals that there is no significant correlation between gross profit and days of accounts payable.

스마트팩토리 도입 영향요인에 관한 실증연구: 우리나라 중소제조기업을 중심으로 (The Implementation of Smart Factories: Empirical Evidence from Korean Small and Medium-Sized Enterprises)

  • 정지윤
    • 아태비즈니스연구
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    • 제13권2호
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    • pp.79-94
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    • 2022
  • Purpose - The purpose of this study is to examine firm-level attributes related to Korean manufacturing small and medium-sized enterprises' (SMEs') decisions to implement smart factories. Design/methodology/approach - This study uses the provided by the Ministry of SMEs and Startups of Korea and the Korea Federation of SMEs. Manufacturing SMEs' decisions to implement smart factories in 2018-2019 were analyzed using multinomial logit and ordered logit models. Findings - The findings of this study suggest that firms' decisions to implement smart factories were positively related to firm size, R&D intensity, international market scope, and transactional relationships with customers. However, smart factory implementation decisions were not related to firm age and CEO gender. Research implications or Originality - This study illuminates firm-level attributes that may drive organizational innovation in the era of Industry 4.0 and thus contributes to the innovation adoption literature. This study also contributes to growing research on smart factories by analyzing the actual, progressive decisions to implement smart factories, as opposed to perceived intentions to implement them.

우리나라 중소수출기업의 수출팩토링 활용증대 방안에 관한 연구 (A Study on the Increasing Method in Domestic Use of Export Factoring for Small and Medium Enterprises)

  • 박광서
    • 무역상무연구
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    • 제33권
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    • pp.29-62
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    • 2007
  • The object of this paper is to increase in domestic use of export factoring for small and medium trading companies. Factoring involves a process where a specialized firm assumes the responsibility for the administration and collection of account receivable for its clients. It can be considered a form of short term commercial financing based on selling of trade credit at a discount, or for a prescribed fee plus interest. The youngest and smallest businesses cannot receive working capital for account receivable for export from financial companies, while larger businesses tend to have less need for factoring services. Using export factoring provide a valuable improvement to cash flow and working capital position and can possibly contribute to small business growth and development. There are several suggestions for export factoring to activate in Korea. First, the number of factoring companies need to be enlarge to activate export factoring in trade and financial policies. Second, factoring companies have to perform public relations for trading companies to inform the export factoring system and its advantages. Third, government need to support the system of export factoring with legislation and financial instruments. Forth, trading companies need to be reformed credit inquiry system in terms of expenses and methods by government This paper has attempted to emphasize on export factoring for small and medium size exporting companies and deserves more research by academics, practitioners and trade policy makers.

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Factors Influencing Strategic Use of Information Technology and Its Impact on Business Performance of SMEs

  • Kim, Moon-Koo;Jee, Kyoung-Yong
    • ETRI Journal
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    • 제29권4호
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    • pp.497-506
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    • 2007
  • In this paper, we study the relationship between factors influencing the strategic use of IT and business performance by conducting a survey of small and medium-size enterprises (SMEs). From the results of our survey we came to several conclusions which are presented here. First, IT investment has a significant impact on the strategic use of IT, and the strategic use of IT has a significant impact on business performance. Second, SME investment in IT and strategic use of IT are influenced by both the intensity of competition in the market environment and partnership with other organizations. Third, the support from the management group in SMEs is a core factor for IT investment and strategic use of IT. Finally, for SMEs to use IT strategically and successfully, it is necessary to combine members' participation with a flexible organizational structure and culture.

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중소기업의 조직문화가 경쟁우위 향상에 미치는 영향 (An Effect of Organizational Culture of SMEs on Improving Competitive Advantage)

  • 이미숙
    • 디지털융복합연구
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    • 제19권12호
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    • pp.183-192
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    • 2021
  • 시대의 변화와 함께 조직문화 역시 빠르게 변화하고 있으며 이러한 조직문화는 중장기적인 관점에서 기업의 차별적 경쟁우위 확보를 가능하게 한다. 본 연구는 중소기업의 조직 특성을 반영하여 조직문화를 개발문화, 합리문화, 합의문화 세 가지 차원으로 구분하여 이들 문화가 기업의 경쟁우위 향상에 미치는 영향을 살펴보고자 한다. 이를 위해 중소기업을 대상으로 설문을 하였다. 표본 전체적으로 과업 중심적이고 경쟁을 동기요인으로 두고 있는 합리문화가 다른 조직문화보다 더 강하게 편재해 있었으며 개발문화, 합리문화, 합의문화 순으로 경쟁우위 향상에 영향을 미치는 것으로 나타났다. 이는 첨단성과 생산성을 강조하고 있는 개발문화와 합리문화가 중소기업의 경쟁우위 향상에 더욱 중요함을 의미한다. 또한 종업원 규모에 따른 차이 분석 결과, 종업원 규모가 작을 경우에는 합리문화가 중요했지만, 종업원 규모가 커질수록 개발문화가 기업의 경쟁우위 향상에 중요한 문화임을 알 수 있었다. 본 연구를 통해 중소기업의 규모에 따라 어떠한 조직문화를 강조해야 하는지 파악할 수 있었다.

중소기업 ASP 효과의 결정요인에 관한 연구 (Determinants of ASP Effectiveness in Small-Medium Enterprises)

  • 문용은
    • 디지털융복합연구
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    • 제4권1호
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    • pp.93-109
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    • 2006
  • Several studies have investigated the success of ASP from various perspectives. This study, thus, investigated factors affecting ASP effectiveness in various literature relevant ASP and outsourcing. By applying the basic ideas of the IS success model, this study proposes a research model of the factors affecting the success of ASP, in term of internal factors(Top Management Involvement, User Participation, Size of Organization, IS Maturity) and Reliability factors(Transaction Reliability, After-Sale Reliability, System Reliability, Security). The proposed model is expected to provide a guideline to researchers and practitioners extend their understanding of the success factors of the ASP effectiveness.

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중소기업 정보화 성공의 선행요인: 정보전략계획 산출물의 토대이론 접근적인 분석 (Investigating Antecedents of IS Success in SMEs: Applying Grounded Theory Approach in ISP Context)

  • 김재윤;이훈희;이정우
    • 한국경영과학회:학술대회논문집
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    • 한국경영과학회 2003년도 추계학술대회 및 정기총회
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    • pp.139-143
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    • 2003
  • This paper is a report on in-progress investigation on antecedents of IS success in small and medium size enterprises. Previous studies on IS success in SME context largely extends research models derived from a large enterprise context. This research applies the grounded theory approach to 1109 ISP outputs exploring SME specific constructs in successful IS implementation and management. When successful, results of this research will provide insights into theories of IS in SME context that may practically applicable to IS practice in SMEs.

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중소 디자인 기업을 위한 제품 기획 프로세스 제안 : 유아욕조 디자인 콘셉트 개발 사례를 중심으로 (Suggestion of Product Planning Process for Small and Medium Sized Design Company : Focused on the Case of Baby Bathtub Design Concept Development)

  • 윤우람;고정욱
    • 한국콘텐츠학회논문지
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    • 제19권8호
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    • pp.205-213
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    • 2019
  • 국내의 많은 중소 디자인 기업들은 기업의 생존과 성장을 목표로 독자적 제품 개발 시도하고 있으나, 이에 성공하는 것은 매우 어렵다. 이러한 원인으로는 제품 기획과 관련된 경험의 부족, 디자인 프로세스의 모범사례로 제시되는 대량의 데이터에 기반한 방법론을 중소기업의 현장에서 실천하는데 있어 현실적 어려움이 있다. 이에 본 연구는 중소 디자인 기업을 위한 방법론으로 사용자 참여 프로세스의 유용성을 제시하였다. 또한 실증적 사례연구로서 중소 디자인 전문기업 P사에서 실시한 사용자 FGD 방법을 제안하였다. 사례연구에서 나타난 프로세스는 다음과 같다. 첫째, 사용자 FGD로 기존 유아욕조의 문제점 도출. 둘째, 사용자 심층인터뷰를 진행하여 다양한 계층의 사용자 의견을 수집. 셋째, 도출 아이디어를 KJ법으로 분석, 유사 요소로 그룹핑. 이를 통하여 사이즈, 재료, 안전, 기존제품 구매요인, 개선방향, 부가요소의 6가지 디자인 방향 및 세부 디자인 콘셉트를 도출하였다. 본 연구는 디자인 프로세스 중 디자인 방향성 설정 단계에 초점을 두고 진행되었다. 본 연구는 사례연구를 통해 P사의 FGD방법을 통한 중소기업 제품 기획 프로세스의 현실적인 검증성, 통합성, 신속성의 제고를 검증하였다. 이는 자본과 인력이 한정적인 중소기업에서 실행할 수 있는 현실적인 프로세스로서 가치가 있다.

Effects of Authentic Leadership and Leader-Member Exchange on Employee Psychological Ownership and Organizational Commitment

  • Yang, Hoe-Chang;Kwon, Jae-Hyun
    • 유통과학연구
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    • 제13권11호
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    • pp.23-30
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    • 2015
  • Purpose - Small- and medium-sized enterprises often rely on the owner's personal characteristics. This study aims to verify the impact of the awareness of such a business leader's sincerity and the sincerity of their leader-member exchange (LMX) on employee psychological ownership and organizational commitment. The findings offer clues to how small- and medium-sized company leaders should engage with employees. Research design, data, and methodology - A total of 289 valid questionnaires were examined using frequency, descriptive statistics, and correlation analyses and structured equation modeling. Results - Authentic leadership and LMX were both found to have a positive impact on each trust factor, each trust factor had a positive impact on psychological ownership and organizational commitment, and psychological ownership had a positive impact on organizational commitment. Conclusion - These results suggest that small- and medium-size company leaders should use self-awareness and self-regulation to encourage the recognition of their sincerity, and strive to achieve a positive relationship with employees. It also suggests that leaders should improve trust between employees and establish various strategies to enable employee psychological ownership.