• Title/Summary/Keyword: social enterprises

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Sustainable Industrial Value Creation in SMEs: A Comparison between Industry 4.0 and Made in China 2025

  • Muller, Julian M.;Voigt, Kai-Ingo
    • International Journal of Precision Engineering and Manufacturing-Green Technology
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    • v.5 no.5
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    • pp.659-670
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    • 2018
  • The Industrial Internet of Things (IIoT) confronts industrial manufactures with economic, ecological, as well as social benefits and challenges, referring to the Triple Bottom Line of sustainability. So far, research has mainly investigated its dimensions in isolation or economic aspects have not been compared with ecological and social perspectives. Further, research misses studies that are devoted to the special characteristics and requirements of Small and Medium-sized Enterprises (SMEs). This study aims to contribute to close this research gap, providing a research context that encompasses all three dimensions of sustainability. The results are based on data obtained from 329 SMEs, 222 in Germany and 107 in China, therefore allowing for a comparison of the concepts "Industrie 4.0" and "Made in China 2025" in the context of SMEs. In general, German SMEs expect a lower impact through "Industrie 4.0", perceiving the concept as more beneficial for larger enterprises. We further find that Chinese SMEs foremost see social benefits. Challenges whilst introducing "Industrie 4.0"by German SMEs as well as several frame conditions are perceived more relevant than for "Made in China 2025", as seen by Chinese SMEs. The paper closes with implications for research and practice based on these findings.

A Study on Social Value Creation in Social Enterprise by Sector - Focusing on Social Enterpreise in Incheon (업종별 사회적기업의 사회적가치 창출에 관한 현황 연구 - 인천의 사회적기업을 중심으로)

  • Yong-Gu kim;Jae Ho Kim
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.6
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    • pp.1119-1126
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    • 2023
  • This study measured the social value of social economy enterprises in Incheon Metropolitan City using the Social Value Index (SVI) developed by the Korea Social Enterprise Promotion Agency. The results showed that the social value orientation of the business activities of SSEs averaged 9.3 out of 15 points, and their innovation efforts were 8.0 out of 10 points. The average monetary and non-monetary social contribution efforts of SSEs was 5.1 out of 10. When comparing the average sales and social value scores by industry, the manufacturing sector shows that social enterprises have higher average sales and social value orientation of business activities, but lower social return efforts. Social work facility management and business support services have high average sales, but low social value orientation of business activities and efforts to make monetary or non-monetary social contributions. On the other hand, education services; arts, sports, and leisure-related services; and publishing, video, broadcasting, communication, and information services have lower average revenues but higher social value orientation of business activities. These SVI indicators are well utilized by local governments, but not yet by the central government. In the future, governments and public institutions should reflect the differences between sectors when formulating policies for social enterprises.

The State-Owned Enterprises Reform in Vietnam

  • Lam, Tran Dinh
    • SUVANNABHUMI
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    • v.6 no.2
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    • pp.37-63
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    • 2014
  • The economic renovation in Vietnam has shown promising achievements. The process of reforming and equitizing state-owned enterprises, and reducing subsidies from the government have made significant progress since 1986. However, this policy has not received the adequate valuation from leaders. Big companies have not been equitized, and are still managed and subsidized by the government, resulted in budget losses. Corporations have been dominated by political interests. This has led to arguments for better and more feasible measures which could save national budget. Corruption in Vietnam mostly originates from state-owned enterprises, for the monopoly was given by government to those enterprises as foreign partners continue to compete under market-oriented mechanism and transparent supervision. Therefore, renovation of the business mechanism, as well as speeding up equitization and minimizing people's properties, have become crucial in the regional integration trend. This is entirely a vital factor in the renovation process. This study explores plans, as well as the merits of the renovation process in Vietnam, ultimately envisioning to overcome current consequences and motivate Vietnam's economy.

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Research on Economic Performance of Mining Enterprises Based on Stakeholders

  • Yunxiang Peng;Guixian Tian
    • Journal of Information Processing Systems
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    • v.19 no.6
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    • pp.713-721
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    • 2023
  • Conventional mining enterprises, particularly coal-related ones, exhibit substantial environmental pollution and high energy consumption, while those involved in new energy resources, such as lithium and cobalt, face severe resource shortages. Consequently, the economic efficiency of China's mining enterprises is significantly constrained. This study examines data from nine representative listed enterprises in China spanning 2016 to 2021. Employing the DEA model-i.e., BCC (VRS) model, we analyze the economic efficiency of mining enterprises with a focus on stakeholders. The paper provides static and dynamic analyses, offering insights and recommendations for enhancing technology, reducing costs, and fortifying social relationships.

Social Enterprise Business Operations Experience Converted from Self-Sufficient Enterprise - Based on the Grounded Theory - (자활기업에서 성장한 사회적기업의 기업운영 경험 - 근거이론을 바탕으로-)

  • Lee, Hyunju
    • Korean Journal of Social Welfare
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    • v.68 no.1
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    • pp.169-191
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    • 2016
  • The purpose of this study was to understand social enterprise business operations experience converted from a self-sufficient enterprise. In-depth interviews with representatives of the 4 recycling social enterprises from self-sufficient enterprise which located in Chungbuk province were performed to collect data and analyzed by grounded theory method. As a result, configured 88 concepts and classified into 28 sub-categories 12 categories. According to a paradigm model, Core category, conditions, strategies and consequences were derived from the grounded theory. Especially, the core concept of enterprise management experience of the participants was 'An effort to overcome the harsh business conditions by pursuing sense of community and trying to secure its own competitiveness'. Based on the result, practical and policy proposal for management of the social enterprises were suggested.

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Influences of External Factors on Business Performance of Domestic Animal Feed Enterprises in Vietnam

  • NGUYEN, Van Hau;DUONG, Thi Quynh Lien;QUYNH, To Thi Huong;TRANG, To Thi Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.575-583
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    • 2020
  • Vietnam is the country with the largest animal feed production in Southeast Asia. Domestic animal feed manufacturing enterprises play an important role in animal husbandry in particular and in agriculture in general. However, domestic animal feed enterprises in Vietnam are encountering shortcomings. This paper is conducted to investigate the impact levels of external determinants on business performance of domestic animal feed manufacturing enterprises, including: (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition. We presented a research method, explaining the dependent variable 'business performance' and the independent variables. Data were collected from 120 questionnaires from domestic animal feed manufacturing enterprises. Based on these data, we use Cronbach's Alpha, EFA and run regression model for assessing the impact levels of each independent variable on the dependent variable of business performance of domestic animal feed manufacturing enterprises. The results show that three external determinants including (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition, have positive relationships with business performance. Based on the findings, some recommendations are given for improving business performance of domestic animal feed manufacturing enterprises to ensure sustainability.

Impacts of Corporate Social Responsibility and Green Marketing Strategy on Business Performance: The Moderating Role of Balanced Scorecard

  • NGUYEN, It Van;QUACH, Trinh To;NGUYEN, Tinh Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.73-83
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    • 2022
  • On the underpinning theory of the Resource Based Theory, this research examines the impact of corporate social responsibility and green marketing strategy on business performance with the moderating role balanced scorecard. Corporate social responsibility concentrates on related to government, the environment, customers, and employees. Green marketing strategy concentrates on approaches in terms of green products, green prices, green places, and green promotion. Business performance is measured by groups of indicators financial, and non-financial. The moderating role balanced the scorecard at the financial, customer, process, learning, and growth level. Research results with survey data from 419 managers at different food enterprises in Ho Chi Minh City processed through the structural analysis method, showed that corporate social responsibility has the strongest positive impact on business performance, followed by the green marketing strategy as the second strong positive impact on the business performance and results also showed that the balanced scorecard moderating role increases the level of the strong positive impact of the above relationship. Besides, it also showed the difference in the demographic control variables. Based on the findings, some implications are drawn to help the managers of enterprises improve the moderating role balanced scorecard when implementing corporate social responsibility and green marketing strategies thereby contributing to increasing business performance.

How Social Capital Mediates the Impact of Job Crafting on Job Performance: Evidence from Vietnamese Industrial Enterprises

  • TRAN, Toan Khanh Pham
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.647-655
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    • 2021
  • Job crafting refers to changes that individuals make in their work to achieve their preferences and needs. Contingent on the social exchange theory, the aim of this study is to explore the relationship between job crafting and job performance. In addition, the study examines the mediating effect of social capital in the relationship between job crafting and job performance. The data was collected from 387 employees in Vietnamese industrial enterprises through a questionnaire survey using both qualitative and quantitative methods. The information was then analyzed by explanatory factor analysis (EFA) confirmatory factor analysis (CFA) as well as structural equation modeling (SEM). The results show that all three dimensions of job crating positively affect job performance and that social capital plays a mediating role in that relationship. This study contributes to the field of human resources management, particularly job crafting, by examining different dimensions of job crafting that impacts job performance. Moreover, this is the first study to test the mediating role of social capital on the relationship between job crafting and job performance. These insights may help the organizational managers to encourage beneficial job crafting.

Study on the Relation between Social Value Realization Efforts and Performances of Social Enterprises - Focudsing on Mediating Effect of External Support Environment (사회적기업의 사회적 가치실현노력이 기업성과에 미치는 영향 - 외부지원환경 매개 효과를 중심으로)

  • Cho, Young-Ju;Ra, Youngsoo
    • The Journal of the Korea Contents Association
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    • v.22 no.8
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    • pp.307-317
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    • 2022
  • This study aims to analyze relationship between effect on social value realization efforts and company performances, focusing on the mediating effect of external-support environment. Data for the analysis is collected from open data source from Social Enterprise Promotion Agency. The results of the analysis are, first the social value realization efforts has positive effect on both social and economic outcome of the social enterprises. External-support environment has influence on both social performance and social value realization efforts. Additional analysis to test mediation effect of external-support environment were carried out by statistical software package, Process for SPSS4.0. Mediation effect could be found between social realization efforts and social performances, however, no evidence could be found on economic performance. The result indicates that social value realization efforts as a social capital has influence on social performance mediated by external-support environment.

Effects of Ethical Management on Organizational Performance in Social Enterprise (사회적기업의 윤리경영이 조직성과에 미치는 영향)

  • Lee, Yong-Jae;Kim, Eun-Hee
    • The Journal of the Korea Contents Association
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    • v.18 no.5
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    • pp.397-408
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    • 2018
  • The purpose of this study is to investigate the effects of business ethics and ethical leadership on business performance and social performance. For this purpose, we surveyed 173 social enterprise workers in Chungnam and Sejong area. The main results are as follows. Among the sub - factors of ethical management of social enterprise, ethical leadership has a statistically significant effect on social performance and social performance of social enterprise. In other words, as employees' perceptions of ethical leadership of social enterprise managers increase, business performance and social performance increase. In addition, the results of the study show that the work performance of the workers in the social enterprise providing social service is increased. The results were the same as the effects of ethical management on corporate performance in general commercial enterprises. The results of this study confirm the necessity of strengthening social entrepreneurship which has been emphasized in social enterprise. In order to introduce ethical management into social enterprises, the concept of ethical management suitable for social enterprise and application plan should be prepared.