Business Commons^™

Assessing The Role Of Public Policy In Fostering Global Eco-Innovation, Phaninee Naruetharadhol, Aisling Conwaylenihan, Helen Mcguirk

Publications

The growing urgency of environmental problems, such as climate change, pollution, and waste management, has highlighted the importance of eco-innovation. It includes the development of sustainable solutions for goods and services. As corporations adopt sustainability practices, governments are increasingly essential in propelling eco-innovation.

Innovation and economic growth are inextricably linked since innovation helps reduce costs, increases productivity, and builds knowledge. Eco-innovation, requiring stakeholders' collaboration and knowledge sharing where public policy plays a critical role in fostering eco-innovation, is frequently catalyzed by climate change and environmental issues.

This paper provides an assessment of the public policy of several countries and its …

The Value Of Official Website Information In The Credit Risk Evaluation Of Smes, Cuiqing Jiang, Chang Yin, Qian Tang, Zhao Wang

Research Collection School Of Computing and Information Systems

The official websites of small and medium-sized enterprises (SMEs) not only reflect the willingness of an enterprise to disclose information voluntarily, but also can provide information related to the enterprises’ historical operations and performance. This research investigates the value of official website information in the credit risk evaluation of SMEs. To study the effect of different kinds of website information on credit risk evaluation, we propose a framework to mine effective features from two kinds of information disclosed on the official website of a SME—design-based information and content-based information—in predicting its credit risk. We select the SMEs in the software …

Secured Transactions Law Reform In Japan: Japan Business Credit Project Assessment Of Interviews And Tentative Policy Proposals, Megumi Hara, Kumiko Koens, Charles W. Mooney Jr.

All Faculty Scholarship

This article summarizes key findings from the Japan Business Credit Project (JBCP), which involved more than 30 semi-structured interviews conducted in Japan from 2016 through 2018. It was inspired by important and previously unexplored questions concerning secured financing of movables (business equipment and inventory) and claims (receivables)—“asset-based lending” or “ABL.” Why is the use of ABL in Japan so limited? What are the principal obstacles and disincentives to the use of ABL in Japan? The interviews were primarily with staff of banks, but also included those of government officials and regulators, academics, and law practitioners. The article proposes reforms of …

Research Trends And Mapping On Social Media In Smes: A Bibliometric Analysis, Abdurrahman Rahim Thaha, Erna Maulina, R. Anang Muftiadi, Mohammad Benny Alexandri

Library Philosophy and Practice (e-journal)

As the backbone of the economy from various countries, SMEs use social media in their business activities. This study aims to determine trends and maps in social media and SMEs research from the Scopus database. This study uses bibliometric analysis on the Scopus database from 2009 to 2020. Social Media and SMEs search string use in titles, abstracts, keywords, and English article in the Scopus database. Further filtering by reading article content unrelated to SMEs to eliminate irrelevant articles. Search results were processed with VOSviewer software to acquire trends and co-occurrences of article keywords. A total of 210 articles were …

Digital Marketing And Smes: A Systematic Mapping Study, Abdurrahman Rahim Thaha, Erna Maulina, R Anang Muftiadi, Mohammad Benny Alexandri

Library Philosophy and Practice (e-journal)

Small and Medium Enterprises (SMEs) have a high priority for many governments because of their important economic contribution and the number of people they employ. The very rapid development of ICT in the digital era has an impact on various lines of life, including changes in business environment and consumer behavior. Therefore, the need to find out about research trends and themes in digital marketing in SMEs is important. The objective of this paper is to classify, and identify related themes and trends in the literature that are directly related to digital marketing and SMEs over the past 10 years. …

Outcomes Of An Expert Survey: Are Singapore’S Manufacturing Small And Medium Enterprises Ready To Embrace Industry 4.0, Gopalakrishnan Surianarayanan, Thomas Menkhoff

Research Collection Lee Kong Chian School Of Business

Industry 4.0 encompasses adopting opportunities from end-to-end digitalisation with connected computers and increasingly autonomous automation systems equipped with intelligent machine learning algorithms that control the robotics without much input from humans. Smart manufacturing technologies (a part of the smart industry, an extension of Industry 4.0 initiatives and implementation) involve automating various processes. It aims to connect various units in real-time while enhancing profitability by reducing costs, increasing labour productivity, and improving overall efficiency. The impetus for our paper is the assumption that the adoption of smart manufacturing technologies such as advanced robotics, cyber-physical systems, or the Internet of Things (IoT) …

Commentary: Where Does The Talent Pools Of Smes Come From?, T. Mandy Tham

Research Collection Lee Kong Chian School Of Business

In a commentary, SMU Assistant Professor of Finance Mandy Tham explored how ‘family members’ is defined could affect the size of talent pool for SMEs and family businesses, and suggested some criteria for the selection of family members to be nurtured for the SMEs and family businesses.

Family Involvement - Influence On Change Management, Value And Performance Of Small And Medium Scale Businesses - A Research Proposal, Abimbola Mary Ojo

MBA Student Scholarship

The aim of this research proposal is to analyze the impact of family involvement over change and performance of small and medium size family businesses. Three family business theories mostly used by previous researchers namely: entrepreneurial, stakeholder and stewardship theories will be used to explore relationships between ownership, change management and the performance objectives of family firms. This study will examine the relationship between Familiness (that is, family ownership) and firm performance by considering the influence of family management, family control, and firm size using the family influence scale (the familiness-power, experience, and culture scale [F-PEC]) presented by Klein, Astrachan, …

The Asian Perspective On Smes In International Economic Law: Opportunities And Challenges Arising From The Tpp, Heng Wang

Research Collection Yong Pung How School Of Law

The Trans-Pacific Partnership (TPP) is likely to have profound implications for small and medium-sized enterprises (SMEs) within and beyond the free trade area. The key question will be analysed: what are the challenges and opportunities that the TPP hold for SMEs? It is argued that, first, the key benefits the TPP can be expected to bring for SMEs are enhanced market liberalization and a more predictable regulatory environment. Second, the TPP poses serious challenges for SMEs (eg insufficiency of the opportunities to SMEs, the complexity of rules, difficulties in rule interpretation and implementation, and remaining regulatory differences), but different types …

Influence Of Business Information Use On Sales Performance Of Smes In Lagos State, Adebowale Ojo, Sydney Akinsunmi, Oluwatimilehin Olayonu

Library Philosophy and Practice (e-journal)

Small and Medium Scale Enterprises (SMEs) are crucial drivers of every nation’s economy. However, reports suggest SMEs in Nigeria have not performed creditably well in terms of sales. Hence, they are yet to contribute to a large extent to the economic growth and development of the country. Considering that business information is an indispensable resource in overall business performance, one is forced to question the availability and utilisation of business information by SME owners. This study examines the influence of business information use on the sales performance of SMEs in the information technology sector in Lagos State. Employing a survey …

How Do Vietnamese Smes Perform? Technical Efficiency Of Smes In The Manufacturing Sector And Its Sub-Sectors, Cong Luyen Viet Le, Charles Harvie

Faculty of Commerce - Papers (Archive)

This paper evaluates the technical efficiency performance of Vietnamese manufacturing small and medium enterprises (SMEs) over the period 2002 to 2007. Using firm level data from three surveys in 2002, 2005 and 2007 with a total of 5,204 observations of domestic non-state manufacturing SMEs the paper assesses the technical efficiency level of SMEs for the aggregate manufacturing sector and separately for nine subsectors including: (i) Food and Beverages; (ii) Textiles, Garments and Footwear; (iii) Electrical and Electronic Equipment (iv) Wood and Furniture Products; (v) Chemical, Rubber and Plastic Products; (vi) Paper, Printing and Publishing; (vii) Metal Products; (viii) Non-metallic Products; …

Tao Of Downfall: The Failures Of High-Profile Entrepreneurs In The Chinese Economic Reform, Wenxian Zhang, Ilan Alon

Faculty Publications

Through historical reviews and case studies, this research seeks to understand why some initially successful entrepreneurs failed in the economic boom of past decades. Among various factors contributed to their downfalls are a unique political and business environment, fragile financial systems, traditional cultural influences and personal characteristics. Notwithstanding that these factors should be further tested through empirical studies, those high-profile entrepreneurs are oblivious but essential actors in the grand theatre of China's economic transformation and their failures have contributed to the swift development of the Chinese entrepreneurship over the last 30 years.

Leadership Styles And Company Performance: The Experience Of Owner-Managers Of Smes, Palli Mulla K A Chandrakumara, Anura De Zoysa, Athula S. Manawaduge

Faculty of Commerce - Papers (Archive)

Leadership styles of owner-managers were explored in the context of a developingcountry in South Asia with a view to examining their impact on financial performanceof SMEs. It was justified that the study has both theoretical and contextualsignificance. Data were collected from 204 companies in Sri Lanka by adopting mixedmethodologies that consisted of both qualitative and qualitative approaches.Descriptive statistics and correlation coefficient were used in the analysis. The findingsrevealed that the existence of three main leadership styles in the sample, namely;entrepreneurial, managerial, and mix of both entrepreneurial and managerialleaderships. The analysis indicated that 60 percent of firms had increased financialperformance, while …

Regional Integration In Asia And The Contribution Of Smes: A Review Of The Key Issues And Policy Imperatives, Charles Harvie

Faculty of Commerce - Papers (Archive)

Over the past decade the economies of East Asia and APEC more generally have beenincreasingly opening up their markets, and in the process have achieved significantgains in exports and economic growth. In conjunction with this increased economicintegration, there has been increased recognition by regional governments of thepotential for a substantial increase in the participation by small businesses in thegeneration of regional income, employment, exports, investment and expandedeconomic growth. Advances in information and communications technology addcredence to this potential. In addition, developing economies are especially seeingsmall businesses as potential instruments for the alleviation of poverty and regionaldevelopment. While in developed economies …

Perceptions Of Business Challenges Facing Malaysian Smes: Some Preliminary Results, Ali S. Saleh, Peter Caputi, Charles Harvie

Faculty of Commerce - Papers (Archive)

This paper develops an instrument to measure perceptions of business barriers facing small and medium sized enterprises (SMEs) based upon a sample of 138 Malaysian businesses. An exploratory factor analysis yields five key factors covering: perception of government policies; perception of human capital; perception of availability of infrastructure; perception of business competition; and perception of financial issues. Reliability and item analyses provide support for the internal consistency of the factors and the discriminatory power of items that constitute the factors. In particular, this study finds that perceptions of government policies and infrastructure availability have the highest mean scores, suggesting that …

Global Pipelines: Profiling Successful Sme Exporters Within The Australian Wine Industry, D. K. Aylward

Faculty of Commerce - Papers (Archive)

Increasingly, entire industry sectors and individual firms are re-orienting their business strategies to align with the demands of rapid globalization. Sustainable export mechanisms are becoming an integral component of these strategies. Small, medium and large firms are focusing more than ever on marketing goals, branding, distribution channels and production quality in order to address the growing opportunities and challenges of this globalization. An industry in which firms are responding effectively to these opportunities and challenges is the Australian wine industry. In terms of export growth, intensity, diversity and sustainability, this industry is increasingly seen as a template for others. Using …

Sme Innovation Within The Australian Wine Industry: A Cluster Analysis, David Aylward, John Glynn

Faculty of Commerce - Papers (Archive)

This paper assesses core innovation activity among SMEs within different levels of cluster development. The aim of the paper, using empirical data from the Australian wine industry, is to demonstrate that innovation levels and activity intensify as an industry cluster develops. By dividing wine clusters into ‘innovative’ (highly developed) and ‘organised’ (less developed) models, the paper uses selected core indicators of innovation activity to explore levels of integration within each model. This integration is examined in the context of Porter’s theory of ‘competitive advantage’, with implications for SMEs in particular, and lessons for industry clusters in general.

Case Studies Of E-Commerce Adoption In Indonesian Smes: The Evaluation Of Strategic Use, Mira Kartiwi

Faculty of Commerce - Papers (Archive)

The use of e-commerce in small medium-sized enterprises (SMEs) has become an important topic in information systems research. At present, there is a large number of well-documented benefits derived from e-commerce for small-medium enterprises (SMEs) both in theoretical and practical literature. Despite the enormous attention given to encourage SMEs to adopt e-commerce both by academics as well as governments, little research has been carried out in identifying strategies of e-commerce adoption for SMEs in developing countries, especially Indonesia. It is, therefore, the aim of this paper to understand the factors and combinations of factors that SMEs need to be considered …

Electronic Commerce Adoption And Strategic Alliance Membership: A Study Of Regional Smes In Sweden, Robert C. Macgregor, Lejla Vrazalic

Faculty of Commerce - Papers (Archive)

The changes brought about by electronic commerce have had a profound effect on small to medium enterprises (SMEs). To manage these changes, SMEs have been encouraged to form strategic alliances. Yet despite the proclaimed advantages of such alliances, little research has been carried out to determine whether these structures have any impact on an SME’s decision to adopt e-commerce. There has also been a lack of research into comparing e-commerce adoption in those SMEs that are members of a strategic alliance to those that have opted to remain outside such arrangements. This paper aims to correct the situation by presenting …

An Exploratory Study Into The Giving Behaviour Of Small To Medium Enterprises (Smes): An Australian Experience, Gary I. Noble

Faculty of Commerce - Papers (Archive)

A constant growth in the number of non-profit organisations (NPOs) over the past decade has also meant an increase in competition between NPOs for ongoing support. In this environment and without the marketing resources of their national and international counterparts many smaller NPOs do not attract the same level of individual or corporate support as their larger NPO rivals. Evidence suggests an alternative source of support for these smaller NPOs is often small to medium enterprises (SMEs).

This paper argues that although there is a considerable body of literature on the giving behaviour of individuals, and to a lesser extent …

A Factor Analytic Study Of The Determinants Of Success In Manufacturing Smes, Hema Wijewardena, Anura De Zoysa

Faculty of Commerce - Papers (Archive)

Although there has been a sizeable amount of literature on the causes of failure as well as the determinants of success in small and medium enterprises (SMEs) in developed countries, empirical investigation into such factors in developing countries is extremely sparse. Therefore, the purpose of this study is to examine, through an empirical investigation, factors that would contribute to the success or growth of SMEs in a developing country. The data for the study were obtained from a questionnaire survey conducted on a sample of manufacturing SMEs in Sri Lanka.

Are The Standard Drivers For E-Commerce Adoption In Regional Smes Really Standard: A Comparison Of Australian, Swedish And Us Regional Smes, Robert C. Macgregor, Lejla Vrazalic, Deborah Bunker

Faculty of Commerce - Papers (Archive)

The sluggish pace of E-commerce diffusion in the SME sector is well documented. In response to this, one area that has given rise to continued research is the development of criteria (drivers) for Ecommerce adoption in the SME sector. This research has given rise to a 'standard' set of drivers that has become the basis upon which research into E-commerce adoption in SMEs is carried out. While a number of studies have attempted to develop models of E-commerce adoption, little has been done to discover whether, indeed, these criteria are universal to the sector. This paper presents the findings of …

On The Evolution Of Firm Organization, Smes And Economic Growth In The Usa And Japan, Elias Sanidas

Faculty of Commerce - Papers (Archive)

The evolution of the organization of firms throughout history has only recently been extensively analysed. This evolution, especially in countries like the USA and Japan, i is important to know and understand for many reasons, and in particular for its contribution to economic growth.

Small And Medium Enterprises In Singapore And The New Economy, Boon Chye Lee, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

From its earliest days as a British outpost, Singapore has relied heavily for its economic survival on its position as an entrepot trading centre. In the first decades after independence in 1965, economic strategy was focused on building infrastructure, attracting foreign direct investment, and export-led growth. The political commitment to openness in both trade and capital — and, more recently, labour — is one of the key features of a strategy that has delivered remarkable returns in terms of the economic well-being of the people of Singapore. Between 1961 and 1996 GDP per capita grew at an average rate of …