Success and Goals: An Exploratory Research in Small Enterprises

Ioniță, Daniela

doi:10.1016/s2212-5671(13)00168-8

Cited by 9 publications

(6 citation statements)

References 16 publications

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“…Success is, therefore, a complex and multidimensional concept, especially for family-owned enterprises (Lussier & Pfeifer, 2000;Shane & Venkataraman, 2000). As such, it can hardly be described based on just one criterion (Ioniţă, 2013) because individual failures can undo individual successes. Real success is made up of successes achieved in multiple fields, areas, and aspects.…”

Section: Success Measures/ctiteriamentioning

confidence: 99%

The success factors of family and non-family firms: Similarities and differences

Zajkowski¹,

Safin²,

Stańczyk³

2022

EBER

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The aim of this article is to identify whether there are similarities or differences between family and non-family firms in terms of the factors which contribute to business success. More specifically, comparison analyses were designed to isolate possible variations related to an enterprise's advantage over its competitors, the internal and external relationships of the enterprise, intangible resources, and an enterprise's financial resources. Research Design & Methods:The source for empirical data used herein is individual data selected from a country-wide survey conducted by Statistics Poland from December 2017 to January 2018. The survey was carried out electronically using an online questionnaire. Focusing on non-financial businesses with 10-249 employees, it examined how entrepreneurs view the significance and impact of a group of factors on the development and success of their businesses, including a self-assessment of the firm's current situation and development over the last three years. The sample consisted of 43,379 firms, of which 14,686 self-identified as having a family character. Unobservable (latent) variables were used for a more in-depth analysis: one represented a component of enterprise success while the other four were characterised as success factors. An analysis of the main components was used to identify independent variables (success factors) with the relationships between the variables examined through structural equation modelling. Findings: In the light of the findings, it is possible to show that family firms display partial differences in their rating of the factors that have impacted their success. For this group, aspects including how the firm is organised, financial resource access, and the overall financial situation were less important in comparison to nonfamily ones. However, family firms showed no differences in their perception of the factors supporting their competitive advantage and their intangible resources. Implications & Recommendations: An ongoing debate has weighed whether family and non-family firms differ in terms of performance and their internal perception of business success, and numerous studies present rather distinct visions. Some confirm the advantages of family businesses; others deny such benefits exist, and a final group notes no statistically significant evidence that would confirm differences between the two groups. In contrast, the results of our study provide evidence that Polish family businesses partly differ from non-family ones regarding the factors that influence their business success. Contribution & Value Added: Our study verifies whether family and non-family firms differ in terms of the factors that contribute to business success. We describe both business success and the factors that impact it as unobserved (latent) constructs. This approach is rare in the current literature; more often, success factors and measures are analysed separately. However, this approach allowed us to analyse the relationship in a more consistent and complex way. Arti...

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Section: Success Measures/ctiteriamentioning

confidence: 99%

The success factors of family and non-family firms: Similarities and differences

Zajkowski¹,

Safin²,

Stańczyk³

2022

EBER

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“…Terkait keuletan, kerja keras dan upaya untuk terus mencari peluang dapat dikaji dari karakteristik pedagang Minang perantauan (Fries, Kammerlander and Leitterstorf, 2020). Faktor tersebut yang mendorong kesuksesan bisnis usaha kecil dan menengah (Alkhoraif, Rashid and McLaughlin, 2019;Tunali and Sener, 2019;Hadi, Wekke and Cahaya, 2015;Ioniţă, 2013). Secara detail hasil analisis outer loading dapat dilihat pada tabel 5.…”

Section: Karakteristik Pelaku Umkm DI Setu Babakan Berdasarkan Analisisunclassified

Analisis Karakteristik Wirausaha Dan Kompetensi Kewirausahaan Sebagai Penentu Kinerja Usaha Kecil Menengah Di Perkampungan Wisata Budaya Betawi Setu Babakan Jakarta

2020

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This study aims to analyze the influence of entrepreneurial characteristics, business adaptation, and management competence on the business performance of Setu Babakan SMEs in South Jakarta. The data gathered from food and beverage small business holder. The analysis have analyzed by structural equation model. The research resulted that all exogenous latent variables are significantly influence the endogenous latent variable.

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“…Berdasarkan riset yang dilakukan oleh Ionita, hal ini disebabkan karena banyak UMKM yang hanya mementingkan visi kepuasan pribadi dibandingkan visi pendirian bisnis sehingga mereka tidak memikirkan sisi profit jangka panjang. [10] Oleh karena itu, perlu untuk dipikirkan strategi pengembangan produk yang dapat mendatangkan profit namun tetap sesuai dengan visi pribadi pemilik UMKM dan tidak kehilangan nilai tradisi dan budaya yang ingin dikedepankan. Salah satu inovasi yang ditawarkan adalah pembuatan produk kerajinan kepala wayang golek sebagai hiasan magnet seperti yang terlihat pada gambar 6.…”

Section: Gambar 4 Bantuan Modal Berupa Alat-alat Produksiunclassified

Kerajinan Wayang Golek sebagai Produk Unggulan Daerah untuk Pemberdayaan Ekonomi Desa Tegalwaru

Raden¹

2019

dinamisia

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Tegalwaru Village has tried to develop by making itself a tourism village for Micro, Small, and Medium Enterprises (MSMEs) since 2018. However, the MSMEs have difficulty establishing their identity in the business world due to the lack of regional specialty products. Therefore, there is a need to innovate the regional specialty products as one of the efforts to improve the village's economy by considering the potential and uniqueness of the resources available in Tegalwaru Village. As part of the community service program, research on specialty products in this area uses qualitative methods through observation and in-depth interviews. The result shows that one of the potential MSMEs of Tegalwaru Village that can be developed as a regional specialty product is Wayang Golek craft. The implication of this study is to offer perspective on deciding regional specialty product and increasing local MSME production by innovating to strengthen the position of local MSMEs in market competition. AbstrakDesa Tegalwaru telah mencoba berkembang dengan menjadikan diri sebagai kampung wisata Usaha Mikro, Kecil, dan Menengah (UMKM) semenjak tahun 2018. Namun, UMKM Desa Tegalwaru memiliki kesulitan menetapkan identitas dirinya dalam dunia bisnis karena kurangnya produk yang memiliki keunikan dan unggul dalam persaingan pasar. Oleh karena itu, dibutuhkan suatu inovasi produk unggulan daerah yang dapat meningkatan ekonomi masyarakat melalui pengembangan iptek dengan memperhatikan potensi dan keunikan yang dimiliki oleh sumber daya di Desa Tegalwaru. Sebagai bagian dari program pengabdian masyarakat, riset mengenai produk unggulan daerah ini menggunakan metode kualitatif dalam bentuk studi kelayakan lapangan melalui observasi dan wawancara mendalam. Hasil dari studi ini menemukan bahwa salah satu potensi UMKM Desa Tegalwaru yang dapat dijadikan produk unggulan daerah adalah kerajinan Wayang Golek. Implikasi dari riset ini adalah penawaran perspektif dalam penentuan produk unggulan daerah dan solusi peningkatan kemampuan UMKM melalui inovasi ragam produk untuk mengukuhkan posisi UMKM dalam persaingan pasar.

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Success and Goals: An Exploratory Research in Small Enterprises

Cited by 9 publications

References 16 publications

The success factors of family and non-family firms: Similarities and differences

The success factors of family and non-family firms: Similarities and differences

Analisis Karakteristik Wirausaha Dan Kompetensi Kewirausahaan Sebagai Penentu Kinerja Usaha Kecil Menengah Di Perkampungan Wisata Budaya Betawi Setu Babakan Jakarta

Kerajinan Wayang Golek sebagai Produk Unggulan Daerah untuk Pemberdayaan Ekonomi Desa Tegalwaru

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