• Title/Summary/Keyword: contribution to growth

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The Role of Government Expenditure and Investment for MSME Growth: Empirical Study in Indonesia

  • PRASETYO, P. Eko
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.471-480
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    • 2020
  • In Indonesia, micro-, small- and medium-sized enterprises (MSMEs) are introduced to increase income by providing many easier jobs to improve economic growth. They have also been reported to be generally supportive of the local industry. The government policies on investment and expenditure have the ability to promote MSMEs and economic growth. Therefore, this research was conducted to analyze the theoretical background and empirical study to investigate government's role to promote MSMEs growth in Indonesia. The secondary data after the 2008 global financial crisis recorded quarterly from 2009 to 2019 Q3 were analyzed using the Ordinary Least Square (OLS) regression model. The results showed government expenditure has a positive and significant contribution to small- and medium-sized enterprises, but the effect was not significant for micro-businesses. Meanwhile, the investment sector was discovered to have a positive and significant effect on MSMEs. The policy implications of the Indonesian government are expected to focus on its expenditure's role as the most important factor for "social-economic protection of the community" through micro-enterprises, which are numerous and more attached to the real community economic-social life. Therefore, the existence of micro-businesses is very helpful for the lower classes despite their high vulnerability to crisis.

HQSAR Study on Substituted 1H-Pyrazolo[3,4-b]pyridines Derivatives as FGFR Kinase Antagonists

  • Bhujbal, Swapnil P.;Balasubramanian, Pavithra K.;Keretsu, Seketoulie;Cho, Seung Joo
    • Journal of Integrative Natural Science
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    • v.10 no.2
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    • pp.85-94
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    • 2017
  • Fibroblast growth factor receptor (FGFR) belongs to the family of receptor tyrosine kinase. They play important roles in cell proliferation, differentiation, development, migration, survival, wound healing, haematopoiesis and tumorigenesis. FGFRs are reported to cause several types of cancers in humans which make it an important drug target. In the current study, HQSAR analysis was performed on a series of recently reported 1H-Pyrazolo [3,4-b]pyridine derivatives as FGFR antagonists. The model was developed with Atom (A) and bond (B) connection (C), chirality (Ch), hydrogen (H) and donor/acceptor (DA) parameters and with different set of atom counts to improve the model. A reasonable HQSAR model ($q^2=0.701$, SDEP=0.654, NOC=5, $r^2=0.926$, SEE=0.325, BHL=71) was generated which showed good predictive ability. The contribution map depicted the atom contribution in inhibitory effect. A contribution map for the most active compound (compound 24) indicated that hydrogen and nitrogen atoms in the side chains of ring B as well as hydrogen atoms in the side chain of ring C and the nitrogen atom in the ring D contributed positively to the activity in inhibitory effect whereas, the lowest active compound (compound 04) showed negative contribution to inhibitory effect. Thus results of our study can provide insights in the designing potent and selective FGFR kinase inhibitors.

E-commerce Readiness, Micro, Small, and Medium-Sized Enterprises (MSMEs), and Economic Growth: An Empirical Investigation

  • Anasuya Barik;Sidheswar Panda
    • Asian Journal of Innovation and Policy
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    • v.12 no.2
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    • pp.246-260
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    • 2023
  • With the advent of COVID-19, the world economy has undergone enormous losses and unprecedented crises. Moreover, this pandemic has put a significant effect on all business organizations, comprising the micro, small and medium enterprises (MSMEs) sector. MSMEs have been continuing to develop business strategies and are eager to compete in the market. The COVID-19 pandemic has shifted the full focus of MSMEs from 'business growth' to 'business survival' worldwide. E-commerce readiness plays a crucial role in a time of uncertainty and crisis during COVID-19 and affects the durability and sustainability of the business. This study attempts to study the readiness of online business and "E-commerce" adoption of MSMEs and its contribution to economic growth by utilizing both qualitative and quantitative techniques in the case of India. We use content analysis to determine the readiness of online business and Ecommerce in the post COVID-19 period. The result highlights the specific issues of this sector such as the shortage of resources and disruptions in the supply chain & logistical issues during the COVID-19 pandemic. Qualitative analysis discloses that almost half of the respondents adopt online platforms along with additional challenges to sustain their business during the pandemic. This study utilizes annual time series data for the period from 1973-74 to 2017-18 to understand the long-run relationship between India's GDP and MSMEs units. By utilizing the co-integration technique, this study reveals that there is a long-run relationship between MSME units and the economic growth of this country.

An Analysis of the Effect of Regional Strategic Industries on Regional Economic Growth -The Case of ChungNam Province- (지역전략산업의 지역경제성장 효과분석 -충청남도를 중심으로-)

  • Kim, Dae-Jung;Kim, Tae-Yeon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.4
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    • pp.2085-2092
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    • 2014
  • This study aims at finding the effects, problems and implication of the regional economic growth led by regional strategic industries in the Chungnam Province. It identifies the contribution of regional strategic industries in the regional economic growth even though there is somewhat difference between the sub-sectors of the industries. It also finds out some problems with the selection and implementation processes. In order to improve the regional industrial policy, it need to apply portfolio type of regional industrial development strategy on according to the typology of the industrial growth stages.

Eurasian Economic Union: Asymmetries of Growth Factors

  • Khusainov, Bulat D.;Kireyeva, Anel A.;Sultanov, Ruslan
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.1
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    • pp.51-58
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    • 2017
  • The aim of the study is to assess the asymmetry of influence of factors of economic growth of national economies, which are included in the integration. Unlike previous research, the scientific significance of the obtained results consists in the use of a new method of study - external demand as a factor of economic growth, disaggregated into two components. The first is net exports mutual trade in goods within integration associations. The second is net exports of foreign trade in goods outside the integration. By use of these methods we have evaluated the contribution of these factors on economic growth of the Customs Union and the Common Economic Space (CU/CES), as well as Kazakhstan, Russia and Belarus. In the conducted analysis of scientific research was based on the fact that the economies of the member (CU/CES) are very different in scale, economic potential and volume of foreign trade. Based on this research we conclude: integration is developing successfully and efficiently only with the rise of the national economies of the member countries; to enhance economic growth and competitiveness of the countries of the Eurasian integration it is necessary to increase the volume of mutual trade of member countries of this integration.

Relative Contribution rate on Soil Physico-chemical properties Related to Fruit Quality of 'Fuji' apple (사과 '후지' 품종의 품질에 미치는 토양이화학성의 상대적 기여도)

  • Kim, Seung-Heui;Choi, In-Myung;Han, Jeom-Wha;Cho, Jung-Gun;Son, In-Chang;Lim, Tae-Jun;Yun, Hea-Keun
    • Korean Journal of Soil Science and Fertilizer
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    • v.44 no.5
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    • pp.722-726
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    • 2011
  • The management standard on soil conditions in 'Fuji' apple to produce high quality fruit were not yet made. Therefore, this study was carried out to investigate the optimum soil environmental conditions of ten contents on production of high quality fruit in 'Fuji' apple. The soil and fruit characteristics were analyzed at total 60 orchards in major apple producing areas such as Chungju, Moonkyeung, yeongju, andong, yeosan and yeongcheon (10 orchards an area). The soil environmental factors affected fruit weight was highest relative contribution in saturated hydraulic conductivity of 36.5%. The bulk density and soil pH were low as relative contribution. The fruit weight was influenced by soil physical properties more than soil chemical properties. The soil environmental factors affected sugar content were hydraulic conductivity of 28.3% and organic matter content of 18.2%. The cultivation layer depth and soil pH were low as relative contribution. The fruit coloring was highest relative contribution in saturated hydraulic conductivity 55.9%. while soil pH, cation and soil texture were low. Fruit coloring was high influenced over 70% by soil physical properties. Finally, relative contribution on fruit quality related with sugar content, fruit weight, and coloring were high influenced by saturated hydraulic conductivity of 21.% and organic matter content of 18.7% but bulk density and cultivation layer depth were low relative contribution. The fruit growth and saturated hydraulic conductivity in 'Fuji' apple were very closely related. Therefore, orchard soil management to produce high quality fruit was very importance drainage management and organic matter application. We concluded that scientific soil management is possible by qualifiable of soil management factors.

Determination of Strategic Business Units in the Health Promotion Service Adreas of Health Center (보건소 건강증진사업에서의 전략적 사업영역 결정)

  • 이선희;조희숙;박혜숙;박영숙;김한중;손명세;이지전;이상욱
    • Health Policy and Management
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    • v.8 no.2
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    • pp.110-124
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    • 1998
  • Determining of Strategic Business Units in the organization is a major critical process for improving the organizational performance. On increasing the demands for extension in function of health center, many health centers are trying to provide the various services. But most health center determined the kind and level of service without scientific considerations. The purposes of this study are to develope the model for determination of strategic business units in health center and to test the availability of implementation for it. Our model is rooted from the McKinsey matrix analysis of Product Portfolio Analysis which used widely in marketing field. We modified the evaluation criteria of the McKinsey matrix analysis for health care field appropriately. Our evaluation criteria are categorized into two concepts; contribution of service, availability of service. At first, in terms of contribution of service, market size, market growth rate, needs and demands of regional people, existences of alternative services in that region, correspondence with health policy. The other component, availability of service are included the availability of manpower, financial availability, the level of knowhow on service, acceptance of health care manpower. In the result of analysis, we could conclude that antismoking and antialcoholics education programs, health screening program are important strategically in that aspects of contributions and availability of services. Also, vaccination program is important in that aspect of service availability and diet and exercise program, health library are meaningful in the aspect of service contribution. Therefore, we think that efforts to investigate the evaluation criteria for priority setting or determination of service area in health center are useful challenges.

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A University's Role for Regional Innovation: Arizona Universities' Contribution to Regional Economic Growth

  • Kim, Joochul
    • World Technopolis Review
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    • v.4 no.2
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    • pp.79-86
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    • 2015
  • Over the last two decades, interest increased with regard to how some research universities made direct impacts on surrounding regional economic activities and growth. Although the role of basic research for most research universities has remained strong, pressure has intensified to broaden its missions to include helping local and regional economic development efforts. Consequently, many research universities have evolved their basic scientific research mission from the production of scientific knowledge to the sharing and exchange of knowledge with local industries by actively engaging in local economic development (Uyarra 2010). Previous examination has shown that most research universities contribute to local and regional economic development by various functions they provide. They are as follows: Creation of Knowledge, Human-capital creation, Transfer of existing know-how, Technological innovation, Capital investment, Regional leadership, Knowledge infrastructure production and Influence in regional milieu (Drucker and Goldstein 2007). This paper will review the existing literature on the role of universities and its impacts on local regional economic growth and development. In addition, this paper will show how two major research universities (The University of Arizona and Arizona State University) have contributed to the growth of Arizona during last two decades. It is believed that the existence of these two research universities have been instrumental in making industries more diverse and highly attractive, particularly in the Phoenix Metropolitan Area.

An interface element for modelling the onset and growth of mixed-mode cracking in aluminium and fibre metal laminates

  • Hashagen, Frank;de Borst, Rene
    • Structural Engineering and Mechanics
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    • v.5 no.6
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    • pp.817-837
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    • 1997
  • In the present contribution an interface crack model is introduced which is capable of modelling crack initialisation and growth in aluminium as well as in Fibre Metal Laminates. Interface elements are inserted in a finite element mesh with a yield function which bounds all states of stress in the interface. Hardening occurs after a state of stress exceeds the yield stress of the material. The hardening branch is bounded by the ultimate stress of the material. Thereafter, the state of stress is reduced to zero while the inelastic deformations grow. The energy dissipated by the inelastic deformations in this process equals the fracture energy of the material. The model is applied to calculate the onset and growth of cracking in centre cracked plates made of aluminium and GLARE$^{(R)}$. The impact of the model parameters on the performance of the crack model is studied by comparisons of the numerical results with experimental data.

A Contribution Analysis of the Increase in 1-2 Person Families on the Income Inequality and the Income Gap (1-2인 가구증가의 소득불평등도와 소득격차에 대한 기여도 분석)

  • Lim, Byung-In;Kim, Sung-Tai;Jung, Ji-Un
    • Journal of Digital Convergence
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    • v.13 no.12
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    • pp.31-39
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    • 2015
  • This paper examines trends of the income inequality index and the income quintile share ratios, using the Household Survey released by Statistics Korea. We discuss their respective effects on total income inequality and the income disparity, as a contribution concept defined in this paper for 1990-2014 periods. Main findings are as follows. First, the contribution of 2-person families to total inequality with the current income or the disposable income becomes bigger, and growth rates have been above 10% since 2003. Second, the contribution of 1-person families to income inequality is greater than that of 2-person families. Policy implication is such that the government had better investigate the 1 or 2 person families in-depth to set up the policy measures for weakening the income inequality.