Abstract:Overcoming the failure of SMEs has been an important research topic. The critical research finding is that it has verified the essential elements of performance improvement. We presented a solution to the research question, "Is there a causal relationship between the effect on SMEs' success on capacity and business performance?". We analyzed whether the competence of SMEs had a mediating effect between success variables and performance. Secondary effects were empirically studied by converting independent varia… Show more
“…This is consistent with arguments related to the liability of aging (Love et al, 2016). However, this result is different from that of Kim (2022) that found that year of establishment showed a positive moderating effect on technical and non-financial performance.…”
Section: Discussionsupporting
confidence: 83%
“…However, some previous studies need more evidence. Love et al (2016) found that that age somewhat negative impact on performance and Laforet (2013) found that age has not significant effect on performance, while Kim (2022) found that the year of establishment showed a moderating effect on technical and non-financial performance. Thus, there are some inconsistent results on age of business and its moderating role of performance.…”
Section: Moderating Effect Of Age Of Businessmentioning
confidence: 99%
“…Besides, the owners of SMEs often feel less prudent in handling their business when the businesses have been running for quite a long time (Love et al;Laforet, 2013). They think the business has been settled, so the management is less professional (Kim, 2022). These moderating aspects are considered the novelty of this study since these two aspects are often considered in reality but not studied in the frame of religiosity and business performance.…”
Small and medium enterprises (SMEs) are entities managed and controlled by the owners. The performance of the owners strongly reflects the business performance of the SMEs. That is also the way of looking into the study aiming at analyzing the performance of SMEs from an Islamic perspective, which can be viewed from the owners' religiosity and financial behaviour. This framework is still rarely found in shari'a economics literature. This also involves further consideration of the need for Islamic values on the performance of small businesses in countries with Muslim-majority. Using a survey research design, 238 small business owners and managers participated in responding to a self-registered questionnaire research instrument. Using PLS-SEM, the research instrument has been tested for its validity and reliability and the variable's influence. The result proves that religiosity does not directly affect the performance of SMEs but indirectly influences the performance through financial behaviour. It means that religiosity forms good financial behaviour, and then the financial behaviour increases business performance. This study also finds that gender moderates the effect of religiosity on the behaviour of SME owners or managers. Furthermore, business age reduces the effect of financial behaviour on performance. The results of this study warn that old businesses should not make SMEs owners feel comfortable and resistant to change unless they fail to gain good business performance.
“…This is consistent with arguments related to the liability of aging (Love et al, 2016). However, this result is different from that of Kim (2022) that found that year of establishment showed a positive moderating effect on technical and non-financial performance.…”
Section: Discussionsupporting
confidence: 83%
“…However, some previous studies need more evidence. Love et al (2016) found that that age somewhat negative impact on performance and Laforet (2013) found that age has not significant effect on performance, while Kim (2022) found that the year of establishment showed a moderating effect on technical and non-financial performance. Thus, there are some inconsistent results on age of business and its moderating role of performance.…”
Section: Moderating Effect Of Age Of Businessmentioning
confidence: 99%
“…Besides, the owners of SMEs often feel less prudent in handling their business when the businesses have been running for quite a long time (Love et al;Laforet, 2013). They think the business has been settled, so the management is less professional (Kim, 2022). These moderating aspects are considered the novelty of this study since these two aspects are often considered in reality but not studied in the frame of religiosity and business performance.…”
Small and medium enterprises (SMEs) are entities managed and controlled by the owners. The performance of the owners strongly reflects the business performance of the SMEs. That is also the way of looking into the study aiming at analyzing the performance of SMEs from an Islamic perspective, which can be viewed from the owners' religiosity and financial behaviour. This framework is still rarely found in shari'a economics literature. This also involves further consideration of the need for Islamic values on the performance of small businesses in countries with Muslim-majority. Using a survey research design, 238 small business owners and managers participated in responding to a self-registered questionnaire research instrument. Using PLS-SEM, the research instrument has been tested for its validity and reliability and the variable's influence. The result proves that religiosity does not directly affect the performance of SMEs but indirectly influences the performance through financial behaviour. It means that religiosity forms good financial behaviour, and then the financial behaviour increases business performance. This study also finds that gender moderates the effect of religiosity on the behaviour of SME owners or managers. Furthermore, business age reduces the effect of financial behaviour on performance. The results of this study warn that old businesses should not make SMEs owners feel comfortable and resistant to change unless they fail to gain good business performance.
“…The thresholds of construct reliability, validity, and collinearity (Table 3) are met. Values of Cronbach's alpha coefficients are higher than 0.70 (Fitzpatrick et al, 2021), values of Dijkstra-Henseler'srhoA are higher than 0.70 (Kim, 2022), composite reliabilities (CR) are more than 0.70 and less than 0.95, and the values of the average variance extracted (AVE) are higher than 0.50 (Purwanto and Sudargini, 2021). Finally, values of VIF are less than 3 (Hair et al, 2019).…”
The study aims to explore the effect of marketing 5.0 on marketing performance. Marketing 5.0 was conceptualized using three dimensions: predictive marketing, contextual marketing, and augmented reality marketing. This study uses a questionnaire to collect data from a sample of employees working in marketing departments in 25 furniture stores. Eight employees were selected based on their managers’ recommendations regarding employee knowledge of digital marketing. The total number of the sample is 200 participants. Data were collected using a questionnaire designed as a five-point Likert scale. A total of 190 questionnaires were returned valid for data analysis. The results revealed that both contextual and augmented marketing significantly affect marketing performance. In contrast, predictive marketing exerts no significant effect on marketing performance. The above results concluded that enhancing marketing performance requires advanced human-oriented technologies. These technologies transform customers from traditional marketing environments into real-world environments by collecting and analyzing real-time customer data during the shopping process at sale points to affect customer behavioral intention and purchasing decisions. Theoretically, this study enriches the literature on marketing 5.0 by investigating the effects of three related kinds of marketing (predictive marketing, contextual marketing, and augmented marketing) on marketing performance. It provides researchers with a theory based upon which they could develop new models to examine the effects of marketing 5.0 on marketing outcomes. Empirically, the study shows that augmented marketing in the marketing 5.0 era is the most significant. It could be used to enhance the customer shopping ex
Knowledge propagation is a necessity, both in academics and in the industry. The focus of this work is on how to achieve rapid knowledge propagation using collaborative study groups. The practice of knowledge sharing in study groups finds relevance in conferences, workshops, and class rooms. Unfortunately, there appears to be only few researches on empirical best practices and techniques on study groups formation, especially for achieving rapid knowledge propagation. This work bridges this gap by presenting a workflow driven computational algorithm for autonomous and unbiased formation of study groups. The system workflow consists of a chronology of stages, each made of distinct steps. Two of the most important steps, subsumed within the algorithmic stage, are the algorithms that resolve the decisional problem of number of study groups to be formed, as well as the most effective permutation of the study group participants to form collaborative pairs. This work contributes a number of new algorithmic concepts, such as autonomous and unbiased matching, exhaustive multiplication technique, twisted round-robin transversal, equilibrium summation, among others. The concept of autonomous and unbiased matching is centered on the constitution of study groups and pairs purely based on the participants' performances in an examination, rather than through any external process. As part of practical demonstration of this work, study group formation as well as unbiased pairing were fully demonstrated for a collaborative learning size of forty (40) participants, and partially for study groups of 50, 60 and 80 participants. The quantitative proof of this work was done through the technique called equilibrium summation, as well as the calculation of inter-study group Pearson Correlation Coefficients, which resulted in values higher than 0.9 in all cases. Real life experimentation
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