Firm Level Competitiveness of Small and Medium Enterprises (SMEs): Analytical Framework Based on Pillars of Competitiveness Model

Wisenthige, Krishantha; Guo-ping, Cheng

doi:10.21744/irjmis.v3i9.172

Cited by 17 publications

(18 citation statements)

References 12 publications

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“…For SMEs in the medical sector, Rostek (2012) analyzes variables such as service quality, human resources, sales and response time. Wisenthige and Guoping (2016) constructed a competitiveness index based on six pillars: physical and human resources, innovation, networking, management processes, customers and competitors. More recently, Lafuente et al (2019) proposed a multidimensional index number that assesses competitiveness as a result of the interaction of ten pillars: domestic market, business network, internationalization, human capital, innovation, technology, marketing, online presence, decision-making and strategy.…”

Section: Literature Review and Hypothesesmentioning

confidence: 99%

The competitive efficiency of Costa Rican small and medium-sized businesses: a data envelopment analysis approach

Ubieta

Esquivel

Leiva

2020

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Purpose Building on the resource-based view theory, this paper aims to evaluate the role of innovation on competitiveness and competitive efficiency among Costa Rican small and medium-size enterprises (SMEs). Design/methodology/approach The study uses a sample of 231 Costa Rican small and medium-size firms for 2019. The authors compute a competitiveness index that includes four pillars: innovation, strategy, markets and human capital. To estimate competitive efficiency, the authors use a non-parametric model, namely, data envelopment analysis, with a single constant input. Findings The results confirm that competitive and efficient SMEs present a more homogenous distribution of resources and capabilities. The innovation pillar is positively correlated with competitive efficiency. A positive correlation exists between market experience (business age) and innovation and between innovation and business size in terms of the number of employees. Practical implications The study contributes to the understanding on how SME managers’ decision-making processes affect resource allocation within the business, and on how SMEs can introduce strategic actions based on improvements of those resources that will likely have a greater impact on competitive efficiency. Originality/value This study contributes to better grasping how the configuration of resources and capabilities, in which innovation plays a decisive role, and contributes to shape the competitive efficiency of small and medium-sized businesses in a developing economy.

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Section: Literature Review and Hypothesesmentioning

confidence: 99%

The competitive efficiency of Costa Rican small and medium-sized businesses: a data envelopment analysis approach

Ubieta

Esquivel

Leiva

2020

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“…The reason is that Indonesia is a country that has a population of more than 260 million people today. Economically with a large population, SMEs have a significant role in the growth and development of an economy with an annual growth rate of almost double digits (Randolph et al, 2019;Del Brìo & Junquera, 2003;Wisenthige & Guoping, 2016). Inflation is at its lowest level from year to year.…”

Section: Introductionmentioning

confidence: 99%

Relevance of human resource management on small business objective in digital era: A critical review of research evidence

Arief

Pattiasina

Remus

2021

ijssh

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One of the essential elements in advancing small and medium enterprises is the availability of Human Resources management. So HR development must be relevant to the needs of small businesses, especially now that small businesses are present in the digital era. So to see the suitability of HR development with the needs of small businesses in achieving their core goals. So we have reviewed dozens of papers on our efforts to find this relevance through reviewing the papers we search electronically on Google scholar-based data. We specialize in papers published between 2010 and 2021, so we can get the latest data. To get answers to this research question, we analyzed the data using a phenomenological approach. We also involve the coding, interpretation, and evaluation system to find accurate, valid, and reliable data findings. So the results include that there is a close relationship between the SDm system and the central ideals of SMEs. Logically, if the human resources are good, the company and the smallest business will quickly improve and efficiently achieve the final goal.

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“…With this solution, it is clear that their efforts have become practical; not only that so far, but the technological solutions for small businesses are also merely theoretical. There are at least three criteria for leadership in the context of MSMEs (Wisenthige & Guoping, 2016;Bagudu et al, 2016;Syuhada & Gambett, 2013). First clever.…”

Section: Introductionmentioning

confidence: 99%

Understanding the challenges and opportunities of micro, small, and medium enterprises during covid-19 pandemic in Indonesia: a systematic review

Sudarmo

2021

ijbem

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Through this review, we will discuss the challenges and opportunities for MSMEs during a pandemic in Indonesia. This review examines the two sides of the small business experience, both difficulties, and opportunities. Understand these small business movers' experiences and success stories, a series of data collection; Google search, Google Scholar, ERIC Publications, and other data sources. Then we continue our in-depth analysis with a phenomenological approach until we get valid and reliable data in answering the questions of this systematic review study. Analyzing our data starts with understanding the study problem, coding the data, evaluating the data in-depth, and drawing data conclusions. The procedure and design of this systematic review study followed the guidelines for descriptive qualitative research methods. These findings include that most MSMEs have turned challenges into opportunities in sustaining their businesses after being hit by the Pandemic through the support of many parties, especially the government and experts. Thus the findings of this study are essential inputs to support MSMEs to survive and be sustainable.

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Firm Level Competitiveness of Small and Medium Enterprises (SMEs): Analytical Framework Based on Pillars of Competitiveness Model

Cited by 17 publications

References 12 publications

The competitive efficiency of Costa Rican small and medium-sized businesses: a data envelopment analysis approach

The competitive efficiency of Costa Rican small and medium-sized businesses: a data envelopment analysis approach

Relevance of human resource management on small business objective in digital era: A critical review of research evidence

Understanding the challenges and opportunities of micro, small, and medium enterprises during covid-19 pandemic in Indonesia: a systematic review

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