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Challenges for entrepreneurship development in rural economies: the case of micro and small-scale enterprises in Ethiopia 农村经济中企业发展的挑战:埃塞俄比亚微型和小型企业的案例
IF 1.7 Q3 BUSINESS Pub Date : 2021-01-28 DOI: 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.

摘要为什么一些小企业生存下来并盈利,而另一些小企业退出市场的问题一直引起人们的关注。本研究分析了在高人口和低制度信任环境下,制度环境和企业形成过程对创业活动(以总早期创业活动率定义)的作用。我们发现,政府通过直接支持计划、对从事不同行业的企业的差别激励以及实现社会目标和政治多元化来参与创业,可能会减少创业活动。此外,旨在促进形成微型和小型企业的支助方案可能鼓励缺乏考虑到风险- -回报权衡的商业战略的企业家进入。通过关注企业形成过程,本研究增加了关于政府干预方案对创业和小企业发展的影响的辩论。
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引用次数: 6
Coaching in small and medium business sectors (SMEs): a narrative systematic review 在中小企业部门(SMEs)辅导:叙述性系统回顾
IF 1.7 Q3 BUSINESS Pub Date : 2021-01-02 DOI: 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。
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引用次数: 4
Is the relationship between working capital management and firm profitability non-linear in Indian SMEs? 印度中小企业营运资金管理与企业盈利能力之间是否存在非线性关系?
IF 1.7 Q3 BUSINESS Pub Date : 2021-01-02 DOI: 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.
本文以2122家印度中小企业为样本,研究营运资金管理(WCM)与企业盈利能力之间的关系。该研究基于从印度经济监测中心(CMIE)电子数据库中获得的二手财务数据,涉及12年的时间。研究采用两步广义矩估计法(GMM)得到结果。两步GMM的估计证实了WCM与企业盈利能力之间的倒u型关系。
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引用次数: 7
New direction for a Sri Lankan apparel venture: chasing a capitalist or cooperative dream 斯里兰卡服装企业的新方向:追逐资本主义或合作的梦想
IF 1.7 Q3 BUSINESS Pub Date : 2021-01-02 DOI: 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.
斯里兰卡服装制造初创企业Southern Garments由行业资深人士Nuwan Perera创立,他的梦想是创造属于自己的东西。女万当初的创业热情已经开始消退。无计划的扩张和缺乏重点导致了效率和质量的运营问题,阻碍了客户的保留。现金流问题导致企业家和他的企业在每月的基础上勉强生存。在别无选择的情况下,这位初出乍到的企业家必须重振他的初创企业。Nuwan看到了四个选择:专注于分包商,关注出口市场,在国内市场竞争,或者改变他的商业模式。案例研究为学生或从业者提供了一个机会,让他们沉浸在新兴市场背景下的新企业所面临的问题中,并学习如何做出战略选择,使企业繁荣发展。
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引用次数: 2
Factors influencing SMEs’ capital structure: a comparative analysis from Turkey 影响中小企业资本结构的因素:来自土耳其的比较分析
IF 1.7 Q3 BUSINESS Pub Date : 2021-01-02 DOI: 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.
本文旨在通过对2007 - 2018年土耳其不同规模中小企业的比较分析,分析影响中小企业资本结构决策的因素。从研究结果来看,企业规模的差异不显著。其次,随着中小企业资产规模的扩大和效率的提高,中小企业的金融负债也随之增加。资产增长导致长期负债,而效率提高产生短期借款。然而,随着盈利能力的提高,长期借款会减少。研究结果表明,中小企业试图通过内部资源来满足其融资需求,这与啄食顺序理论是一致的。第三,金融债务与中小企业流动性实力、风险和资产结构之间没有关系。这一发现可能表明,中小企业并没有考虑到财务压力或代理成本。也就是说,他们的行为不符合权衡理论。
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引用次数: 6
Challenges faced by small enterprises in Bangladesh: the case of JNA Pulp paper business 孟加拉国小企业面临的挑战:以JNA纸浆造纸企业为例
IF 1.7 Q3 BUSINESS Pub Date : 2021-01-02 DOI: 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.
本文介绍了一家名为JNA Pulp的小型造纸企业的案例,该企业最初的愿景是向市场提供高质量的进口纸张。这篇论文讨论了该公司面临的几个障碍,这些障碍最终促使所有者考虑在2020年第一季度关闭该公司。随着新型冠状病毒感染症(COVID-19)的扩散,考虑到在当地市场的地位,企业的生存是不可能的。使用鱼骨分析,本文分析了导致该企业于2020年4月关闭的问题,并进一步评估了可能有助于小企业在国内市场生存的策略。
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引用次数: 1
Development of an entrepreneurship typology for integration of Roma informal Waste collection practices into environmental policy in the CEE region 发展创业类型,将罗姆人非正式废物收集做法纳入中东欧地区的环境政策
IF 1.7 Q3 BUSINESS Pub Date : 2020-09-01 DOI: 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.
中东欧(中欧和东欧)地区的罗姆人社区通过清理城市垃圾在非正规经济中工作。这篇概念性论文的目的是通过开发一种适用于罗姆人和同样被边缘化的非罗姆人的研究范式,研究将拾荒纳入环境政策的程度。来自欧洲以外非正式废物收集研究的证据表明,在某些情况下,它已被纳入城市废物管理政策。在东欧和东欧区域,环境政策没有充分承认存在非正式的清除,因此没有监测废物的分类和处置,从而推断出研究上的差距,这在研究范式中得到解决。本文还通过开发一种包含少数民族(罗姆人)和非正式(非少数民族)企业家精神类别的类型学,为正在进行的关于企业家精神理论的辩论增加了内容,从而为中东欧地区更有效的社会经济城市废物收集和处理的政策制定提供了信息。
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引用次数: 2
An overview of the historical development of Small and Medium Enterprises in Zimbabwe 津巴布韦中小企业的历史发展概况
IF 1.7 Q3 BUSINESS Pub Date : 2020-09-01 DOI: 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.
摘要本文通过分析文献来阐述津巴布韦中小企业的历史和发展。本文回顾了政府为促进中小企业的发展和成长而采取的各项政策。对相关文献的研究表明,中小企业的历史可以追溯到罗得西亚时代。艾滋病毒/艾滋病大流行、经济崩溃和削减开支等各种变数促进了该部门的增长。在过去十年中,由于各种参与者支持小企业的成长和生存,中小企业部门显着增加。虽然政府的各种政策都没有达到预期的效果,因为这些政策在实施之前缺乏事先咨询,政府也没有认真承诺支持该行业。我们建议在政策制定过程中进行预先咨询,建立中小企业数据库,政策不应该只是蓝图而没有实施。
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引用次数: 9
Restrictions on access to bank finance for SMEs in Cabinda–Angola 卡宾达-安哥拉中小企业获得银行融资的限制
IF 1.7 Q3 BUSINESS Pub Date : 2020-09-01 DOI: 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.
本研究分析了位于安哥拉北部卡宾达省的中小企业面临的主要制约因素,并特别关注银行融资。该研究采用定性方法,对15名中小企业主/经理进行了半结构化访谈。结果表明,尽管中小企业与银行经理和/或银行信贷经理关系密切,但每当中小企业寻求银行融资时,都有重要的驱动因素,如银行贷款的高利率,银行需要提供高担保以及银行家需要某种形式的收入时的贿赂。前几年获得的净利润对获得银行支持没有显著影响,银行在决策时往往会考虑其他因素。
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引用次数: 3
Productivity improvement practices: the case of Darling Pumps 生产率改进实践:达令泵的案例
IF 1.7 Q3 BUSINESS Pub Date : 2020-09-01 DOI: 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.
Darling Pumps是富有远见的企业家Ranade先生的成功故事。他的梦想是在印度设计、开发和生产专门的水泵。然而,由于他很少接触市场营销,他们无法实现所需的增长。当Ranade先生突然去世时,公司面临着巨大的挫折,没有制定任何继任计划。这一悲剧引发了关于DPPL即将关闭的谣言。责任落到了拉纳德的女婿纳奥勒卡的肩上。由于资源有限,孟买分公司被关闭,这引发了工会的问题。在Naolekar先生的领导下,公司决心通过发展自己的系统和提高生产力的方法,建立自己的销售和营销网络,缓慢但坚定地克服这些逆境。尽管竞争加剧、对新产品的需求以及外国公司的进入给DPPL带来了挑战,但现在DPPL做得很好。
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引用次数: 0
期刊
Small Enterprise Research
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