Pub Date : 2021-01-28DOI: 10.1080/13215906.2021.1878385
Gumataw Kifle Abebe, Teferra Amare Gebremariam
ABSTRACT
The question of why some small businesses survive and become profitable while others exit the market continues to attract attention. This study analyzes the role of the institutional environment and business formation process in entrepreneurial activity (defined by total early-stage entrepreneurial activity rate) in the context of a high populous and low institutional trust environment. We find that the government's involvement in entrepreneurship through direct support programmes, differential incentives for enterprises engaged in different sectors, and to achieve social goals and political pluralism may reduce entrepreneurial activity. Also, support programmes aimed at promoting the formation of Micro and Small-Scale Enterprises may encourage the entry of entrepreneurs lacking a business strategy that takes into account risk-return tradeoffs. By focusing on the business formation process, this study adds to the debate on the implication of government intervention programmes in entrepreneurship and small business development.
{"title":"Challenges for entrepreneurship development in rural economies: the case of micro and small-scale enterprises in Ethiopia","authors":"Gumataw Kifle Abebe, Teferra Amare Gebremariam","doi":"10.1080/13215906.2021.1878385","DOIUrl":"https://doi.org/10.1080/13215906.2021.1878385","url":null,"abstract":"<p><b>ABSTRACT</b></p><p>The question of why some small businesses survive and become profitable while others exit the market continues to attract attention. This study analyzes the role of the institutional environment and business formation process in entrepreneurial activity (defined by total early-stage entrepreneurial activity rate) in the context of a high populous and low institutional trust environment. We find that the government's involvement in entrepreneurship through direct support programmes, differential incentives for enterprises engaged in different sectors, and to achieve social goals and political pluralism may reduce entrepreneurial activity. Also, support programmes aimed at promoting the formation of Micro and Small-Scale Enterprises may encourage the entry of entrepreneurs lacking a business strategy that takes into account risk-return tradeoffs. By focusing on the business formation process, this study adds to the debate on the implication of government intervention programmes in entrepreneurship and small business development.</p>","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"53 2","pages":""},"PeriodicalIF":1.7,"publicationDate":"2021-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138508902","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/13215906.2021.1878384
Lily P Tsai, Jennieffer A Barr
ABSTRACT Coaching is implemented in many disciplines including business. The majority of coaching studies in business have been focused on large corporates. Therefore, there is a paucity of literature targeting SMEs. This narrative systematic review aims to provide an overview of what is known about coaching in SMEs. Three electronic databases: Business Source Ultimate, Google Scholar, and ProQuest, were searched using keywords and phrases ‘coaching’ and ‘small business’, ‘small organization’, or ‘medium business’. Studies were included if the article was published in a peer-reviewed journal, written in English, and the authors defined the size of the organization studied, which aligned to the definition of SMEs used in this inquiry. Findings showed that all guiding research questions were answered. Factors for successful coaching in SMEs were identified. Further research needs to measure the effectiveness of coaching in SMEs.
教练在包括商业在内的许多学科中都有实施。大多数商业教练研究都集中在大公司。因此,针对中小企业的研究文献较少。这篇叙述性的系统综述旨在提供一个关于中小企业培训的概述。三个电子数据库:Business Source Ultimate, Google Scholar和ProQuest,使用关键词和短语“教练”和“小企业”,“小型组织”或“中型企业”进行搜索。如果文章发表在同行评议的期刊上,以英文撰写,并且作者定义了所研究组织的规模,这与本调查中使用的中小企业定义一致,则包括研究。结果表明,所有指导性研究问题都得到了回答。确定了中小企业成功培训的因素。需要进一步的研究来衡量中小企业培训的有效性。
{"title":"Coaching in small and medium business sectors (SMEs): a narrative systematic review","authors":"Lily P Tsai, Jennieffer A Barr","doi":"10.1080/13215906.2021.1878384","DOIUrl":"https://doi.org/10.1080/13215906.2021.1878384","url":null,"abstract":"ABSTRACT Coaching is implemented in many disciplines including business. The majority of coaching studies in business have been focused on large corporates. Therefore, there is a paucity of literature targeting SMEs. This narrative systematic review aims to provide an overview of what is known about coaching in SMEs. Three electronic databases: Business Source Ultimate, Google Scholar, and ProQuest, were searched using keywords and phrases ‘coaching’ and ‘small business’, ‘small organization’, or ‘medium business’. Studies were included if the article was published in a peer-reviewed journal, written in English, and the authors defined the size of the organization studied, which aligned to the definition of SMEs used in this inquiry. Findings showed that all guiding research questions were answered. Factors for successful coaching in SMEs were identified. Further research needs to measure the effectiveness of coaching in SMEs.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"28 1","pages":"1 - 22"},"PeriodicalIF":1.7,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74027712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/13215906.2021.1872685
Nufazil Ahangar
ABSTRACT The aim of this paper is to examine the relationship between working capital management (WCM) and firm profitability for a sample of 2122 Indian SMEs. The study is based on secondary financial data obtained from electronic database PROWESS of Centre for Monitoring Indian Economy (CMIE), pertaining to a period of 12 years. The study employs two-step generalized method of moments (GMM) estimation to arrive at the results. The estimates of two-step GMM confirm an inverted U-shape relationship between WCM and firm profitability.
{"title":"Is the relationship between working capital management and firm profitability non-linear in Indian SMEs?","authors":"Nufazil Ahangar","doi":"10.1080/13215906.2021.1872685","DOIUrl":"https://doi.org/10.1080/13215906.2021.1872685","url":null,"abstract":"ABSTRACT The aim of this paper is to examine the relationship between working capital management (WCM) and firm profitability for a sample of 2122 Indian SMEs. The study is based on secondary financial data obtained from electronic database PROWESS of Centre for Monitoring Indian Economy (CMIE), pertaining to a period of 12 years. The study employs two-step generalized method of moments (GMM) estimation to arrive at the results. The estimates of two-step GMM confirm an inverted U-shape relationship between WCM and firm profitability.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"62 1","pages":"23 - 35"},"PeriodicalIF":1.7,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85860243","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/13215906.2021.1872687
Jeeshan Mirza, P. Ensign
ABSTRACT Southern Garments, an apparel manufacturing start-up in Sri Lanka was launched by industry veteran Nuwan Perera with the dream of creating something of his own. The entrepreneurial zeal with which Nuwan started has begun to wane. Unplanned expansion and lack of focus have led to operational issues of efficiency and quality which hamper customer retention. Cash flow problems result in a situation whereby the entrepreneur and his enterprise are barely surviving on a month-to-month basis. Running out of options, the fledgling entrepreneur must revive his start-up. Nuwan sees four choices: focus as a subcontractor, eye the export market, compete in the domestic market, or transform his business model. The case study provides opportunity for student or practitioner to immerse oneself in the issues confronted by new ventures specifically in the context of an emerging market and learn how to make strategic choices that enable an enterprise to prosper and grow.
{"title":"New direction for a Sri Lankan apparel venture: chasing a capitalist or cooperative dream","authors":"Jeeshan Mirza, P. Ensign","doi":"10.1080/13215906.2021.1872687","DOIUrl":"https://doi.org/10.1080/13215906.2021.1872687","url":null,"abstract":"ABSTRACT Southern Garments, an apparel manufacturing start-up in Sri Lanka was launched by industry veteran Nuwan Perera with the dream of creating something of his own. The entrepreneurial zeal with which Nuwan started has begun to wane. Unplanned expansion and lack of focus have led to operational issues of efficiency and quality which hamper customer retention. Cash flow problems result in a situation whereby the entrepreneur and his enterprise are barely surviving on a month-to-month basis. Running out of options, the fledgling entrepreneur must revive his start-up. Nuwan sees four choices: focus as a subcontractor, eye the export market, compete in the domestic market, or transform his business model. The case study provides opportunity for student or practitioner to immerse oneself in the issues confronted by new ventures specifically in the context of an emerging market and learn how to make strategic choices that enable an enterprise to prosper and grow.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"8 1","pages":"83 - 94"},"PeriodicalIF":1.7,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82408296","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/13215906.2021.1889651
I. Delikanli, Saim Kılıç
ABSTRACT This paper aims to analyse the factors affecting SMEs’ capital structure decisions with a comparative analysis covering SMEs of different sizes in Turkey from 2007 to 2018. According to the study results, no significant difference is observed based on firm size. Secondly, as SMEs’ assets grow and efficiency increases, their financial debt also rises. Asset growth leads to long-term debt, while efficiency increase generates short-term borrowing. However, as profitability increases, long-term borrowing decreases. The findings show that SMEs try to meet their financing needs with internal resources, acting in alignment with the pecking order theory. Thirdly, no relationship is identified between financial debt and SMEs’ liquidity strength, risk, and asset structure. This finding likely indicates that SMEs do not act with financial stress or agency costs in mind. That is, they do not act in alignment with the trade-off theory.
{"title":"Factors influencing SMEs’ capital structure: a comparative analysis from Turkey","authors":"I. Delikanli, Saim Kılıç","doi":"10.1080/13215906.2021.1889651","DOIUrl":"https://doi.org/10.1080/13215906.2021.1889651","url":null,"abstract":"ABSTRACT This paper aims to analyse the factors affecting SMEs’ capital structure decisions with a comparative analysis covering SMEs of different sizes in Turkey from 2007 to 2018. According to the study results, no significant difference is observed based on firm size. Secondly, as SMEs’ assets grow and efficiency increases, their financial debt also rises. Asset growth leads to long-term debt, while efficiency increase generates short-term borrowing. However, as profitability increases, long-term borrowing decreases. The findings show that SMEs try to meet their financing needs with internal resources, acting in alignment with the pecking order theory. Thirdly, no relationship is identified between financial debt and SMEs’ liquidity strength, risk, and asset structure. This finding likely indicates that SMEs do not act with financial stress or agency costs in mind. That is, they do not act in alignment with the trade-off theory.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"25 1","pages":"57 - 74"},"PeriodicalIF":1.7,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77042364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-02DOI: 10.1080/13215906.2021.1872686
J. Ahmed, Niza Talukder, Asma Ahmed, Meshbaul Hassan Chowdhury
ABSTRACT This practitioner paper presents the case of a small paper business named JNA Pulp, initiated with the vision to provide high-quality imported paper to the market. The paper discusses several hurdles faced by the company which eventually pushed the owner to contemplate shutting down the business in the first quarter of 2020. With the rise of COVID-19, it was clear that considering the stance of the business in local market, survival would be impossible. Using the Fishbone analysis, the paper analyses the problems that lead to the closure of this business in April 2020 and further evaluates the strategies that could possibly contribute towards the survival of small businesses in the domestic market.
{"title":"Challenges faced by small enterprises in Bangladesh: the case of JNA Pulp paper business","authors":"J. Ahmed, Niza Talukder, Asma Ahmed, Meshbaul Hassan Chowdhury","doi":"10.1080/13215906.2021.1872686","DOIUrl":"https://doi.org/10.1080/13215906.2021.1872686","url":null,"abstract":"ABSTRACT This practitioner paper presents the case of a small paper business named JNA Pulp, initiated with the vision to provide high-quality imported paper to the market. The paper discusses several hurdles faced by the company which eventually pushed the owner to contemplate shutting down the business in the first quarter of 2020. With the rise of COVID-19, it was clear that considering the stance of the business in local market, survival would be impossible. Using the Fishbone analysis, the paper analyses the problems that lead to the closure of this business in April 2020 and further evaluates the strategies that could possibly contribute towards the survival of small businesses in the domestic market.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"38 1","pages":"75 - 82"},"PeriodicalIF":1.7,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85996734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-01DOI: 10.1080/13215906.2020.1835706
T. Gittins
ABSTRACT Roma communities in the CEE (Central and Eastern Europe) region work in the informal economy through scavenging municipal waste. This conceptual paper has the aim of examining the extent for integration of scavenging into environmental policy through the development of a research paradigm applied to Roma and similarly marginalized non-Roma individuals. Evidence from studies of informal waste collection outside Europe suggests that in some cases it has been integrated into municipal waste management policy. In the CEE region, environmental policy insufficiently acknowledges the existence of informal scavenging whereby waste material categorization and disposal is not monitored to infer a research gap which is addressed in the research paradigm. This paper also adds to ongoing debate on entrepreneurship theory by developing a typology incorporating categories of ethnic (Roma) and informal (non-ethnic) entrepreneurship and thus serves to inform policy development for more socio-economically effective municipal waste collection and disposal in the CEE region.
{"title":"Development of an entrepreneurship typology for integration of Roma informal Waste collection practices into environmental policy in the CEE region","authors":"T. Gittins","doi":"10.1080/13215906.2020.1835706","DOIUrl":"https://doi.org/10.1080/13215906.2020.1835706","url":null,"abstract":"ABSTRACT Roma communities in the CEE (Central and Eastern Europe) region work in the informal economy through scavenging municipal waste. This conceptual paper has the aim of examining the extent for integration of scavenging into environmental policy through the development of a research paradigm applied to Roma and similarly marginalized non-Roma individuals. Evidence from studies of informal waste collection outside Europe suggests that in some cases it has been integrated into municipal waste management policy. In the CEE region, environmental policy insufficiently acknowledges the existence of informal scavenging whereby waste material categorization and disposal is not monitored to infer a research gap which is addressed in the research paradigm. This paper also adds to ongoing debate on entrepreneurship theory by developing a typology incorporating categories of ethnic (Roma) and informal (non-ethnic) entrepreneurship and thus serves to inform policy development for more socio-economically effective municipal waste collection and disposal in the CEE region.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"64 1","pages":"289 - 305"},"PeriodicalIF":1.7,"publicationDate":"2020-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81282571","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-01DOI: 10.1080/13215906.2020.1835704
B. Dlamini, D. Schutte
ABSTRACT The paper analytically examines literature to explicate the history and development of Small and Medium Enterprises (SMEs) in Zimbabwe. The paper reviews various government policies that were initiated to promote the development and growth of the SME sector. The examination of related literature revealed that the history of SMEs stretches to the Rhodesian era. Various variables such as the HIV/AIDS pandemic, economic meltdown and retrenchments have promoted the growth of the sector. The SME sector has significantly increased in the last decade due to various players coming in to support the growth and survival of small businesses. Though various government policies have failed to achieve the desired results due to a lack of pre-consultation before the implementation of these policies and the government lack serious commitment to support the sector. We recommend that there should be pre-consultation during policy development, SME database should be created and policies should not be just a blueprint without implementation.
{"title":"An overview of the historical development of Small and Medium Enterprises in Zimbabwe","authors":"B. Dlamini, D. Schutte","doi":"10.1080/13215906.2020.1835704","DOIUrl":"https://doi.org/10.1080/13215906.2020.1835704","url":null,"abstract":"ABSTRACT The paper analytically examines literature to explicate the history and development of Small and Medium Enterprises (SMEs) in Zimbabwe. The paper reviews various government policies that were initiated to promote the development and growth of the SME sector. The examination of related literature revealed that the history of SMEs stretches to the Rhodesian era. Various variables such as the HIV/AIDS pandemic, economic meltdown and retrenchments have promoted the growth of the sector. The SME sector has significantly increased in the last decade due to various players coming in to support the growth and survival of small businesses. Though various government policies have failed to achieve the desired results due to a lack of pre-consultation before the implementation of these policies and the government lack serious commitment to support the sector. We recommend that there should be pre-consultation during policy development, SME database should be created and policies should not be just a blueprint without implementation.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"888 1","pages":"306 - 322"},"PeriodicalIF":1.7,"publicationDate":"2020-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77005138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-01DOI: 10.1080/13215906.2020.1835705
João Lussuamo, Zélia Serrasqueiro
ABSTRACT This study analyses the main constraints faced by small and medium-sized enterprises (SMEs) located in the Cabinda Province, northern Angola, with a specific focus on bank financing. The study takes a qualitative approach, performing semi-structured interviews with 15 SME owners/managers. The results show that in spite of the close relationships with the bank manager and/or the bank's credit manager, whenever SMEs seek bank financing, there are important drivers like the high-interest rates on bank loans, the need to offer high guarantees and bribery when bankers require some form of income. The net profits obtained in previous years do not have a significant impact on obtaining bank support, and banks often consider other factors in their decision-making.
{"title":"Restrictions on access to bank finance for SMEs in Cabinda–Angola","authors":"João Lussuamo, Zélia Serrasqueiro","doi":"10.1080/13215906.2020.1835705","DOIUrl":"https://doi.org/10.1080/13215906.2020.1835705","url":null,"abstract":"ABSTRACT This study analyses the main constraints faced by small and medium-sized enterprises (SMEs) located in the Cabinda Province, northern Angola, with a specific focus on bank financing. The study takes a qualitative approach, performing semi-structured interviews with 15 SME owners/managers. The results show that in spite of the close relationships with the bank manager and/or the bank's credit manager, whenever SMEs seek bank financing, there are important drivers like the high-interest rates on bank loans, the need to offer high guarantees and bribery when bankers require some form of income. The net profits obtained in previous years do not have a significant impact on obtaining bank support, and banks often consider other factors in their decision-making.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"42 1","pages":"275 - 288"},"PeriodicalIF":1.7,"publicationDate":"2020-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77632646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-09-01DOI: 10.1080/13215906.2020.1839541
V. Maheshwari, D. Manwani
ABSTRACT Darling Pumps is a success story of the visionary entrepreneur Mr Ranade. His dream was to design, develop and produce specialized pumps in India. However, due to his minimal exposure to marketing, they were unable to achieve the required growth. Company faced big setback, when Mr Ranade suddenly passed away, without creating any succession plan. This tragedy trigged rumours that DPPL is on the verge of closure. Responsibilities fell on shoulders of Mr Naolekar, son-in-law of Mr Ranade. Because of limited resources, Mumbai unit was closed, which ignited the problems of labour union. Under the leadership of Mr Naolekar the Company was determined to overcome these adversities slowly but surely by evolving own systems and methods of productivity improvement and establishment of own sales and marketing networks. Now DPPL is doing well, in spite of challenges imposed due to increasing competition, demand for newer products, and entry of foreign players.
{"title":"Productivity improvement practices: the case of Darling Pumps","authors":"V. Maheshwari, D. Manwani","doi":"10.1080/13215906.2020.1839541","DOIUrl":"https://doi.org/10.1080/13215906.2020.1839541","url":null,"abstract":"ABSTRACT Darling Pumps is a success story of the visionary entrepreneur Mr Ranade. His dream was to design, develop and produce specialized pumps in India. However, due to his minimal exposure to marketing, they were unable to achieve the required growth. Company faced big setback, when Mr Ranade suddenly passed away, without creating any succession plan. This tragedy trigged rumours that DPPL is on the verge of closure. Responsibilities fell on shoulders of Mr Naolekar, son-in-law of Mr Ranade. Because of limited resources, Mumbai unit was closed, which ignited the problems of labour union. Under the leadership of Mr Naolekar the Company was determined to overcome these adversities slowly but surely by evolving own systems and methods of productivity improvement and establishment of own sales and marketing networks. Now DPPL is doing well, in spite of challenges imposed due to increasing competition, demand for newer products, and entry of foreign players.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"5 1","pages":"323 - 338"},"PeriodicalIF":1.7,"publicationDate":"2020-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86932490","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}