Business Commons^™

Analysis On The Credit Accessibility And Growth Of Manufacturing Firms In The Cases Of Indonesia, Philippines, And Vietnam, Sophia Angela Jimenez, Kamille Daquinag, Maria Regina Victoria Sagrit, Brian Irvin Chan, Albert Lamberte, Maria Zunally Rapada, Krista Danielle Yu

Angelo King Institute for Economic and Business Studies (AKI)

Micro, small, and medium enterprises (MSMEs) contribute to income and employment generation, poverty reduction, and industry growth in the ASEAN region (Mendoza, 2015). Their significant contributions to economies have led countries to emphasize the importance of firm growth, which is influenced by credit accessibility. Majority of existing enterprises in Indonesia, the Philippines, and Vietnam are composed of MSMEs with limited financial resources to foster growth (Paratama, 2019). This hinders the potential of manufacturing MSMEs to have sufficient funding. However, existing literature suggests that credit access significantly provides a positive impact on firm growth only until a certain threshold point (Nizam …

Obstacles To Economic Freedom Affecting Micro, Small, And Medium Enterprises (Msmes) In Southeast Asian Countries, Blaise Kent Calpito, Jocef Fernand Ocampo, Chyna Tomas, Mary June Valenzuela, Renz Adrian T. Calub, Mitzie Irene Conchada, Arlene B. Inocencio, Alellie B. Sobrevinas, Marites M. Tiongco

Angelo King Institute for Economic and Business Studies (AKI)

Obstacles to economic freedom such as trade obstacles, finance obstacles, taxes, and corruption affect the ability of micro, small, and medium enterprises (MSMEs) to maximize firm performance. Existing empirical studies investigating the effect of specific MSME-level obstacles to economic freedom are scarce in Southeast Asian countries. Therefore, this paper focuses on analyzing and comparing the effects of these obstacles to economic freedom on the performance of MSMEs in Indonesia, Vietnam, the Philippines, and Malaysia using firm-level data from the 2015 World Bank Enterprise Survey. The methodology utilizes an ordinary least squares regression, and endogenous treatment effects regression, in determining which …

Small Fishes, Sharp Hooks: Obstacles To Economic Freedom Affecting Micro Small, And Medium Enterprises (Msmes) In Southeast Asian Countries, Blaise Kent Calpito, Jocef Fernand Ocampo, Chyna Tomas, Mary June Valenzuela, Rens Adrian T. Calub, Mitzie Irene P. Conchada, Arlene B. Inocencio, Alellie B. Sobreviñas, Marites Tiongco

Angelo King Institute for Economic and Business Studies (AKI)

Obstacles to economic freedom such as trade obstacles, finance obstacles, taxes, and corruption affect the ability of micro, small, and medium enterprises (MSMEs) to maximize firm performance. This policy brief is based on the observations made regarding the relationship of these obstacles to economic freedom in Southeast Asian countries Indonesia, Vietnam, the Philippines, and Malaysia. This will take into account the recent economic environment of each country.

Determinants Of Entrepreneurial Venture Growth In The Philippines Using The Global Entrepreneurship Monitor, Brian C. Gozun, John Paolo R. Rivera

Angelo King Institute for Economic and Business Studies (AKI)

Entrepreneurial venture growth requires the capacity to produce products that are acceptable to the market, and the level of support given to enterprises helps them produce, innovate, and gain market access. However, entrepreneurs are faced with challenges related to physical and social infrastructure, local and global business environment, a level playing field, access to financing, and access to skill development and knowledge. If these remain unmitigated, they have the potential to hamper entrepreneurial growth. Hence, we inquire on the critical drivers of venture growth that will allow entrepreneurs to stimulate their enterprises using founder characteristics, firm attributes, and entrepreneurial strategies. …

Enhancing External Participation Of Philippine Msmes Towards Entrepreneurial Venture Growth, John Paolo R. Rivera

Angelo King Institute for Economic and Business Studies (AKI)

Alongside profit maximization and value creation, enterprises are in the pursuit of entrepreneurial venture growth. The need to pursue entrepreneurial venture growth given the risks brought about by a volatile, uncertain, complex, ambiguous, and disruptive (VUCAD) world (Rafael et al., 2020) is vital to sustain entrepreneurs’ income, to continue generating employment, and to continue providing value-adding products and services for society. However, entrepreneurial venture growth requires the capacity to produce products that are acceptable to the market; and the level of support given to enterprises to help them produce, innovate, and gain market access. Various functional areas of the business …

Creating An Inclusive Social Enterprise Ecosystem: A Policy Recommendation For The Growth Of Se Sector In The Philippines, Norby R. Salonga

Angelo King Institute for Economic and Business Studies (AKI)

This policy paper highlights the critical roles of both public and private organizations in creating an enabling ecosystem for social enterprises to grow while striking a good balance in their social ,economic, and environmental bottom lines. It contains recommendations on the formation aspect of social entrepreneurs and the support mechanisms that need to be established by different stakeholders such as the academe, national government agencies, local government units, private institutions, and communities.

Easing Growing Pains: Supporting The Growth Of Small Businesses In The Philippines, Paulynne Castillo

Angelo King Institute for Economic and Business Studies (AKI)

In explaining the 2015 survey findings that the Philippines has the second to the lowest existing business rate in the ASEAN region, the Philippine Entrepreneurship Report, 2015-16 stated that “business operations become more burdensome as they grow due to the more restrictive regulations on large enterprises” (Velasco et al., 2017, p. 40). Established businesses, particularly firms operating in the formal sector, shoulder higher taxes and are subject to social security contributions, minimum wage, and industry-specific regulations (Velasco et al., 2017; Auriol, 2014).

Strengthening early-stage entrepreneurial activities and supporting their quest for expansion, however, require access to financial, legal, and public …

Bringing About Fullness Of Life With Care And Compassion: Learnings From The Social Enterprise Of The Good Shepherd Sisters, Julius B. Lunar

Center for Business Research and Development

One of the principles of the Church’s social teachings is integral human development. In his encyclical, Populorum Progressio, Pope Paul VI stated that “authentic human development is the development of the whole human being and of all human beings.” The importance of individuals as human beings is also rooted in the conviction of St. Mary Euphrasia Pelletier, foundress of the Good Shepherd Sisters, who kept reminding her daughters that “a person is of more value than the whole world.”

The Integral Human Development Approach guides the business model of the Mountain Maid Training Center (MMTC) in Baguio, which is a …

Entrepreneurship For All?, Paulynne Castillo

Angelo King Institute for Economic and Business Studies (AKI)

No abstract provided.

What It Takes To Be A Successful Entrepreneur In The Philippines, Mitzie Irene P. Conchada

Angelo King Institute for Economic and Business Studies (AKI)

For a developing country such as the Philippines, entrepreneurial activities play an important role in providing alternative sources of income. As of 2012, there were 940,886 registered micro, small, and medium enterprises (MSMEs) in the Philippines (99.6% of the total establishments), majority of which are in the retail and wholesale industry. The Global Entrepreneurship Monitor (GEM) 2014 survey also reflects that most of the types of businesses are in the retail industry, particularly retail sales of food and beverage items and other basic essentials. This is reflected in the vast number of sari-sari stores or retail stores and food stalls …

Growing Your Business And Creating A Market For Your Product, Ned Roberto

Center for Business Research and Development

This 14th Consumer Coping Behavior Survey is a nationwide survey of consumers regarding their recurring purchases of 144 product and service categories. In 2008, it became nationwide covering the four study areas of NCR, Balance Luzon, Visayas and Mindanao.

Taking Back Migrants: A Theoretical Investigation On The Low Propensity Of Entrepreneurship In Ofw-Dependent Households, Carlo Anton G. Arguelles

Angelo King Institute for Economic and Business Studies (AKI)

In light of different Philippine economic issues, it can be said that this country is evolving and is constant at the same time. This evolution and consistency are present in the opportunity-seeking behavior of Filipino households. One aspect of change is the higher engagement of households in entrepreneurship as reported by GEM (2014a). Data on entrepreneurship presents the Philippines with an early-stage entrepreneurship (TEA) rate of 18.4%. GEM (2014b) stated that this rate is higher than the average start up rates of Asia and Oceania (13%); which implies that Filipino households, relative to their counterparts in these regions, are more …

Managing Excessive Entitlement In Support Of Family Business Longevity, Maria Andrea L. Santiago

Angelo King Institute for Economic and Business Studies (AKI)

Family members feel entitled to family wealth because of various reasons. Some claim that they deserve part of the wealth since they are members of the family. Others assert that they earned rights to the wealth through hard work, while still others argue that they deserve part of the family wealth because they are special. When family members do not get what they think they deserve based on their perceptions of entitlement, they declare that it is unfair. This becomes problematic when family members manifest their sense of entitlement in a dysfunctional manner. In a family business, this may result …

Community Based Entrepreneurship: An Alternative Social Enterprise Model For Small Communities In Poor Municipalities, Emilina R. Sarreal

Angelo King Institute for Economic and Business Studies (AKI)

According to theories, the economic goal is the primary consideration of entrepreneurs when embarking on new ventures. The emergence of successful business districts or social organizations brought about a surging interest in combining the network of relationships, specifically at the local level, relative to entrepreneurial activities.