Factors for Increasing the Competitiveness of Small and Medium- Sized Enterprises (SMEs) in Bulgaria

Ahmedova, Sibel

doi:10.1016/j.sbspro.2015.06.155

Cited by 146 publications

(157 citation statements)

References 2 publications

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“…Las micro, pequeñas y medianas empresas (mipyme), en la actualidad, desempeñan un importante rol en las economías modernas debido a la riqueza y empleo que generan (Cravo, Becker & Gourlay, 2014;Memili, Fang, Chrisman & Massis, 2015), y se ven afectadas por el rápido cambio tecnológico y la globalización de los mercados (Ahmedova, 2015). Los gobiernos reconocen cada vez más su importancia como fuente de crecimiento económico: crean instituciones y desarrollan políticas de Estado que favorezcan su consolidación y competitividad en el mercado (Gill, Biger & Nagpal, 2011;Foreman-Peck, 2013;Trang, 2015).…”

Section: Introductionunclassified

Factores determinantes del éxito competitivo en la mipyme: un estudio empírico en empresas peruanas

Espinoza¹,

Lema²,

Gómez-Guillamón³

2016

CYN

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En este artículo, se analizan los factores asociados al éxito competitivo de las mipymes peruanas, con una muestra de 94 empresas, con más de cinco trabajadores. Los factores de éxito competitivo se estudian desde la perspectiva de la teoría de los recursos y capacidades de las empresas. Los resultados muestran que, conforme las mipymes tengan implantados sistemas de control de gestión más desarrollados y que apliquen prácticas de gestión de sus recursos humanos más eficientes, mayor será la probabilidad de tener éxito en el mercado. Los resultados son especialmente útiles para los gerentes de las mipymes y los organismos de fomento de dichas instituciones para que puedan diseñar y promover estrategias y políticas que favorezcan el crecimiento y competitividad de la mipyme.Palabras clave: mipyme, rendimiento, teoría recursos y capacidades, sistemas de control de gestión, recursos humanos. Factors that determine the competitive success of MSME: An empirical study in Peruvian companiesThis paper analyses the factors associated with the competitive success of MSMEs in Peru. A qualitative research was carried out with a sample of 94 companies with more than 5 employees. Factors for competitive success are studied from the perspective of the resource-based theory. Results show that MSMEs that develop a more complete management control system and have more efficient human resources practices have a better chance to succeed in a competitive market. These results are especially useful for MSMEs managers and governmental directors in order to promote and design strategies and policies that promote the growth and competitiveness of MSMEs.Keywords: MSMEs, performance, resource-based theory, management control systems, human resources. Fatores determinantes do sucesso competitivo das MPMEs: Um estudo empírico em empresas peruanasEste artigo analisa os fatores associados ao sucesso competitivo das MPMEs peruanas Uma pesquisa qualitativa foi realizada com uma amostra de 94 empresas com mais de cinco funcionários. Os fatores de sucesso competitivos são estudados a partir da perspectiva da teoria de recursos e capacidades da empresa. Os resultados mostram que as MPMEs que desenvolvem um sistema de controle de gestão completo e têm práticas de recursos humanos mais eficientes têm ESTRATEGIA EMPRESARIAL

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Section: Introductionunclassified

Factores determinantes del éxito competitivo en la mipyme: un estudio empírico en empresas peruanas

Espinoza¹,

Lema²,

Gómez-Guillamón³

2016

CYN

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“…(Purnomo, 2017) in his research on strengthening entrepreneurship in enhancing the competitiveness of superior product SMEs in the city of Bandar Lampung, uses indicators in the entrepreneurial model that are flexible, proactive, brave to take risks, experience business, and anticipatory. (Ahmedova, 2015) The main factor, identified as an important impact on the competitiveness of companies is access to finance, innovation activities, activities related to intellectual property, internationalization, application of best practices. For the purposes of this research, company competitiveness is seen as a potential for achieving high productivity, based on a creative approach to human, capital and physical resources.…”

Section: Literature Reviewmentioning

confidence: 99%

Strengthening Innovation And Entrepreneurship In Improving Smes Competitiveness

Suharyati

2020

riset

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MSMEs are able to penetrate Indonesia's GDP by 60%, but the contribution to Indonesia's exports is still lagging behind compared to Southeast Asian countries such as Thailand and the Philippines which have high competitiveness. The economic potential of the Parung district in 2017, seen from the perspective of the MSMEs is at a growth stage. This research analyzes and proves that Innovation and Entrepreneurship influences the competitiveness of MSMEs in Parung district. The population in this study were the MSMEs of Parung subdistrict registered in the MSMEs forum, the sample used was 60 respondents with the Purposive Sampling method. The method used to analyze and interpret data is descriptive statistical analysis using a variance-based Structural Equation Model or called Partial Least Square. The results obtained by all indicators on all variables of this study have met the convergent validity test. The Average Variance Extracted (AVE) value indicates that the entire construct declared valid. The cronbach’s alpha value of all constructs indicating that the construct is declared reliable. The direction of the relationship between Innovation and Entrepreneurship is positive, and Innovation has a significant effect on competitiveness. The direction of the relationship between Entrepreneurship and Competitiveness is positive and Entrepreneurship has a significant effect on Competitiveness. Overall it can be concluded that both Innovation and Entrepreneurship contribute directly to Competitiveness. Thus the increase in Innovation and Entrepreneurship directly affects the improvement of MSMEs Competitiveness. Key words: Competitiveness, Innovation, Entrepreneurship, MSMEs

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“…Business environment in the Czech Republic is strongly influenced by firms' innovation performance (Zizlavsky, 2016). Ahmedova (2015) states that access to finance is the most important factor for SMEs to be competitive on the market. Business with sufficient external sources can innovate and invest, which enables them to be more successful in the competitive environment.…”

Section: Theoretical Partmentioning

confidence: 99%

Business Environment Quality Index in the Sme Segment

Čepel¹,

Stasiukynas²,

Kotásková³

et al. 2018

JOC

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The aim of this paper was to define and quantify significant factors that shape the quality of the business environment in the SME segment and to create the business environment quality index. A part of this aim was a comparison of defined factors in the Czech Republic (CR) and the Slovak Republic (SR). In regards to the aim defined, a survey-based research was conducted with enterprises operating in the SME segment. 312 enterprises in CR and 329 enterprises in SR were approached during this research. To verify the defined scientific hypotheses, a custom Business Environment Quality Index was created that was quantified separately for CR and SR. The research results brought interesting findings. The aggregated Business Environment Quality Index in the Slovak Republic reached the value of 0.460, which was higher than that of the Czech Republic (0.418). Slovak entrepreneurs gave the economic factors a higher rating than Czech entrepreneurs. Similarly, Slovak entrepreneurs rated the importance of the Central Bank in establishing a stable business environment and the role of commercial banks in financing business needs more positively. The evaluation of political factors is relatively negative in both countries. Slovak entrepreneurs evaluated more positively the judicial system in the area of commercial law, the state's influence on the business environment, and the administrative burden on enterprises. Czech entrepreneurs had a minor issue with the state bureaucracy's impact on the business environment. The evaluation of technological factors is relatively negative in both countries, as the value of this index is slightly below 0.250. Slovak entrepreneurs better assessed the situation on the job market and the cooperation of the public sector with the business environment. On the contrary, Czech entrepreneurs gave the infrastructure level in the area of research and development a better rating. The evaluation of social factors is relatively positive in both countries. Entrepreneurs in the Slovak Republic perceive a more positive attitude of the society towards entrepreneurs and a more intense influence of the family on entrepreneurship, and positively evaluate media's activities in regards to the business environment. The evaluation of the competitive environment is more positive in Slovakia. When evaluating the narrower competitive environment, it was discovered that Slovak entrepreneurs think that customers, suppliers, and employees play a positive role in their business.

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Factors for Increasing the Competitiveness of Small and Medium- Sized Enterprises (SMEs) in Bulgaria

Cited by 146 publications

References 2 publications

Factores determinantes del éxito competitivo en la mipyme: un estudio empírico en empresas peruanas

Factores determinantes del éxito competitivo en la mipyme: un estudio empírico en empresas peruanas

Strengthening Innovation And Entrepreneurship In Improving Smes Competitiveness

Business Environment Quality Index in the Sme Segment

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