Entrepreneurship Management, Competitive Advantage and Firm Performances in the Craft Industry: Concepts and Framework

Rahman, Nor Azlina A; Ramli, Aliza

doi:10.1016/j.sbspro.2014.06.019

Cited by 40 publications

(35 citation statements)

References 34 publications

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“…However, according to Mohammed et al (2017), the use of firm performance to measure success comes with complications and can be interpreted from different dimensions. In general, the debate on business success indices has been limited to two broad concepts: (i) economic (financial) and (ii) non-financial (non-pecuniary) success (Islam et al, 2011;Rahman & Ramli, 2014;Walker & Brown, 2004). Financial measures for business success or growth include return on assets, sales growth, profits, employee growth, and survival rates while non-pecuniary measures include intangible constructs such as customer satisfaction, personal development, achievement, corporate reputation, happiness, and market share (Islam et al, 2011;Masuo, Fong, Yanagida, & Cabal, 2001;Walker & Brown, 2004).…”

Section: Literature Reviewmentioning

confidence: 99%

Effect of entrepreneur, firm, and institutional characteristics on small-scale firm performance in Ghana

2019

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Small-scale firms are essential contributors to employment generation and growth of many economies. In recognition of their salient role, several policy interventions have been implemented to enhance job creation functions of small-scale firms. This study examined one of these interventions, that is, promotion of small-scale firms in Sunyani municipality of Ghana by analyzing the effect of entrepreneurs, firm, and institutional characteristics on the growth of small-scale firms. A cross-sectional survey was conducted involving 200 small-scale firm operators selected through multi-stage sampling. Both descriptive and inferential analytical tools were used to analyze the data. Descriptive techniques employed included means, frequencies, and cross-tabulations. The inferential analysis included the use of multivariate multiple regression techniques that estimate a single regression model with more than one dependent variable simultaneously. The findings show three types of small-scale enterprises viz. processing (dominated by females), artisans, and service sector (dominated by males) at Sunyani municipality of Ghana. The main findings show that demographic factors (sex of operator, completion of formal education at basic school level or junior high school), institutional variables (bank investment and training services), and firm characteristics (artisan and craft industry type) conjointly and significantly influence small-scale firm performance (number of employees and sales or monthly revenue). Consequent implications for developing economies (such as Ghana) include the need for the introduction of entrepreneurship education at basic level of education in addition to the current practice where entrepreneurship education is mostly limited to tertiary institutions or undergraduate levels, and linking provision of investment services with requisite skills training and backstopping in interventions targeting small-scale firms.

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Section: Literature Reviewmentioning

confidence: 99%

Effect of entrepreneur, firm, and institutional characteristics on small-scale firm performance in Ghana

2019

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“…This is important considering that most of the small and medium entrepreneurs' understanding about the environment is still limited [14]. There is an opinion stating that "the important contribution given by the SME sector is the improvement of the nation's economic growth through a better understanding about behavior and financial and nonfinancial practices of entrepreneurs" [15] [16]. The active participation of MSMEs in community empowerment activities shows the contribution of MSMEs to non-financial practices.…”

Section: Resultsmentioning

confidence: 99%

Batik Cimahi: An Opportunity Of People's Economic Movement

Hafiar¹,

Subekti²,

Komala³

et al. 2019

Proceedings of the 1st International Conference on Life, Innovation, Change and Knowledge (ICLICK 2018)

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Batik is one of the nation's works that are recognized by the world as one of Indonesia's cultural identity. Every city in Indonesia, especially in West Java has the typical batik characterized by the identity of the city, including Cimahi city. The popularity of batik Cimahi, not as famous as the popularity of Batik Garut, Cirebon, or other cities in West Java. Apart from the age of history Batik Cimahi that is relatively still young, which also affects is caused by the regional values in Cimahi not affect the culture of the people who become residents of the city. But it does not dampen the spirit of business people to cultivate a typical Cimahi batik industry. In addition to the business goals which indeed show a business opportunity that generates the profit, there is also idealist purpose that is based on a love of businessmen on batik, art, and areas. There are a number of other problems that caused Batik Cimahi hasn't been able to completely become a driving force in the economy of the region. However, the businessman in this field is optimistic that Cimahi Batik has it owns the potential market. Therefore, this research aims to map out a number of problems that become the obstacle, and at the same time recommending alternative solutions for solving encountered problems. This research method using case studies with the techniques of data collection in the form of interviews and observations to a number of batik typical Cimahi business. As for the results obtained shows that the need of attention and support from the Government to make Batik industry as the driving force of the economy of the region, as well as the collaboration among the businessmen for the sake to achieve the same vision, namely to make Batik as one product that can improve people's economy.

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“…Kinerja perusahaan juga diartikan ke dalam suatu hal kinerja keuangan yang beberapa langkah-langkah efisiensi keuangannya terdiri dari laba atas ekuitas dan juga laba atas investasi (Rahman & Ramli, 2014). Kinerja perusahaan dibatasi oleh faktor internal seperti sumber daya dan pilihan strategis, dan faktor eksternal seperti daya dukung lingkungan atau persaingan (Eniola & Entebang, 2015).Kinerja perusahaan didasarkan pada efisiensi ekonomi yang terdiri dari efisiensi teknis dan alokasi (Floros, Voulgaris, & Lemonakisa, 2014).…”

Section: Literature Reviewunclassified

Inovasi dan Human Capital

Falakhiya¹

2019

Preprint

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Entrepreneurship Management, Competitive Advantage and Firm Performances in the Craft Industry: Concepts and Framework

Cited by 40 publications

References 34 publications

Effect of entrepreneur, firm, and institutional characteristics on small-scale firm performance in Ghana

Effect of entrepreneur, firm, and institutional characteristics on small-scale firm performance in Ghana

Batik Cimahi: An Opportunity Of People's Economic Movement

Inovasi dan Human Capital

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