Journal articles on the topic 'Small business Technological innovations Australia'
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Alismaili, Salim Zahir, Mengxiang Li, Jun Shen, Pu Huang, Qiang He, and Wu Zhan. "Organisational-Level Assessment of Cloud Computing Adoption." Journal of Global Information Management 28, no. 2 (April 2020): 73–89. http://dx.doi.org/10.4018/jgim.2020040104.
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Cloud Computing (CC) is an emerging technology that can potentially revolutionise the application and delivery of IT. There has been little research, however, into the adoption of CC in Small and Medium-Sized Enterprises (SMEs). The indicators show that CC has been adopted very slowly. There is also a significant research gap in the investigation of the adoption of this innovation in SMEs. This article explores how the adoption of CC in Australia is related to technological factors, risk factors, and environmental factors. The study provides useful insights that can be utilised practically by SMEs, policymakers, and cloud vendors.
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Hosseini, M. Reza, Nicholas Chileshe, Jian Zuo, and Bassam Baroudi. "Adopting global virtual engineering teams in AEC Projects." Construction Innovation 15, no. 2 (April 7, 2015): 151–79. http://dx.doi.org/10.1108/ci-12-2013-0058.
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Purpose – This study aims to present an integrated conceptual model in order to highlight the major aspects of diffusion of innovations in the architecture, engineering and construction (AEC) context. To this end, a critical review of literature is conducted, accompanied by synthesising the findings of previous studies. The driving force behind this study is stemmed from the fragmentation of literature on innovation diffusion, and paucity of research on diffusion of Global Virtual Engineering Teams (GVETs) as the platform for many technological innovations in relevant literature. Thus, the present study is intended to facilitate filling the gap in GVETs literature. That is, the proposed model will offer a foundation for academia for grounding studies on any innovation including GVETs in the literature on innovation diffusion in the AEC context. Design/methodology/approach – This paper draws upon the qualitative meta-analysis approach encompassing a critical review of the relevant literature. To this end, the review builds upon studies found within 15 prestigious journals in AEC. The domain of this review was confined to areas described as “innovation”, “innovation diffusion” and “innovation adoption”, along with keywords used within a broad review of recently published GVETs literature. The rigour of review is augmented by incorporating 35 authoritative works from other disciplines published in 21 well-known journals in the manufacturing, business and management fields. Moreover, the study deploys the peer-debriefing approach through conducting unstructured interviews with five Australian scholars to verify a model presenting an aggregated summary of previous studies. Findings – The key findings of the study include the following items: synthesising the fragmented studies on innovation diffusion in the AEC context. In doing so, a model capturing the major aspects affecting diffusion of an innovation in AEC projects is presented; providing a foundation to address the drawbacks of previous studies within the sphere of GVETs, based on the developed model. Research limitations/implications – The developed model was only enhanced using a small sample size of academics, as such not empirically validated. Originality/value – As possibly, the first literature review of innovation in the AEC context, this paper contributes to the sphere by sensitising the AEC body of knowledge on innovation diffusion as a concise conceptual model, albeit verified through the peer-debriefing approach. This study will also further establish the research field in AEC on GVETs along with other methods reliant on virtual working such as building information modelling (BIM) through providing an expanded foundation for future inquiries and creation of knowledge.
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Shaw, Brian. "SMALL BUSINESS ENTERPRISING THROUGH TECHNOLOGICAL INNOVATIONS MANAGED IN NETWORKS." Journal of Small Business & Entrepreneurship 13, no. 4 (January 1996): 62–74. http://dx.doi.org/10.1080/08276331.1996.10600537.
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Ndzana, Martin, Onomo Cyrille, Gregory Mvogo, and Thierry Bedzeme. "Innovation and small and medium enterprises’ performance in Cameroon." Journal of Small Business and Enterprise Development 28, no. 5 (June 15, 2021): 724–43. http://dx.doi.org/10.1108/jsbed-06-2020-0188.
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PurposeThis article attempts to explain performance through the development of innovations within small and medium enterprises (SMEs). Specifically, the authors analyse the determinants of innovation and assess the role of technological and non-technological innovations in performance.Design/methodology/approachBased on a sample of 508 Cameroonian SMEs, the PSM (propensity score matching) technique was used to reduce the selection bias inherent in this type of analysis.FindingsThe results show that technological innovation does not influence significantly the performance of SMEs, whereas non-technological innovation positively influences it. The combination of these two types of innovation leads to better performance than even accentuated development of only one type.Practical implicationsTo improve the performance of SMEs, it is necessary to adopt a comprehensive innovation policy that combines non-technological and technological innovations. In addition, it is important to intensify informations and communication technologies (ICT) promotion policies that contribute to the adoption of innovations within enterprises.Originality/valueThis paper contributes to the literature by showing the role of technological and non-technological innovations in explaining the performance of SMEs. Moreover, unlike the existing work in sub-Saharan Africa, which is limited to testing the innovation–performance relationship, this study also determines the productivity gain generated by innovative firms compared to non-innovative ones.
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Kilborn, Jason J. "Technology and Regulatory Black Holes: Issues in Protecting IP Rights in Insolvency for Both Licensors and Licensees." QUT Law Review 18, no. 2 (February 21, 2019): 290. http://dx.doi.org/10.5204/qutlr.v18i2.767.
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Australia’s insolvency laws have a curious deficiency: There are virtually no provisions on the treatment of ongoing contracts. Such contracts may well represent some of the most valuable assets of a business debtor, small or large, especially in this new era of rapid technological innovation, where tangible property often pales in value to that inherent in intellectual property. Indeed, IP rights are often the nucleus around which a small business’ vitality revolves. The inability of businesses predictably to rely on, manage, and protect license contracts preserving IP rights is a problem that is sure to become more acute in the coming decades, as both the importance of IP rights and the incidence of business insolvency rise. Experience from across the Pacific portends a potential wave of coming disputes involving such rights in developed economies like Australia’s, potentially hitting small entrepreneurs hard and undermining the effectiveness of insolvency proceedings for these crucial debtors and their creditors. This article reveals a proliferation of disputes concerning IP license rights and several salient challenges confronted by both licensors and licensees, debtors and non-debtors, in domestic and cross-border insolvency proceedings in US insolvency proceedings. The common root of these challenges seems to be legislation that did not foresee the rise of IP licensing as a mainstay of modern entrepreneurship. The simple common solution, and a guide for Australian regulators, is more careful consideration of non-obvious pitfalls in laws that preserve IP license rights in insolvency cases to maximise value not only for the parties involved, but for modern societies who increasingly depend on innovation and entrepreneurship.
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Talukder, Majharul. "Causal paths to acceptance of technological innovations by individual employees." Business Process Management Journal 25, no. 4 (July 3, 2019): 582–605. http://dx.doi.org/10.1108/bpmj-06-2016-0123.
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Purpose Despite much research on organizations’ adoption of innovation, little is currently known about individual employees have gone about it. The purpose of this paper is to empirically investigate the determinants that address individual employees’ decisions concerning innovation in the workplace. Design/methodology/approach Data were collected from 272 employees from a tertiary education institution in Australia using a structured instrument. Findings Results from the structural equation modeling analysis indicate that enjoyment and motivation impact significantly on attitudes to an innovation, which, in turn, affects how employees behave toward it. Practical implications Furthermore, organizational patronage, innovativeness and self-image have been found to influence the innovation adoption process. These findings have implications for the effective management and implementation of an innovation at the individual level. Originality/value Although innovation adoption has been studied extensively, drivers of adoption and research on individual innovation acceptance remain limited. Designing an effective approach for increasing end-user acceptance and subsequent use of innovation continues to be a fundamental challenge. The current literature indicates that we know relatively little about the ways in which individuals adopt and the factors that influence individual adoption of innovation. This study is designed to fill that gap. The identification of the factors is important to create a work environment that is conducive to individual adoption of innovation and thereby gain the expected benefits from the innovation.
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Subrahmanya, M. H. Bala. "Technological Innovations in Small Firms in the North-East of England." International Journal of Entrepreneurship and Innovation 2, no. 3 (October 2001): 141–52. http://dx.doi.org/10.5367/000000001101298891.
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In the north-east of England technological innovations by small firms follow a broad pattern in terms of dimensions, causal factors and sources of innovation. Product innovators owe their innovations largely to management motivation and growth ambition. They perceive the need for a particular product in the market and work towards its development in-house. Internal technical capability is decisive. Thus, product innovations emerge due to internal factors. The innovative products are patented and exhibited in national and international exhibitions and advertised in professional journals. As a result, the firms export a considerable share of their output and grow larger. Such firms are ‘offensive’ or ‘proactive’ innovators. They are innovation leaders. Incremental innovators either substitute a raw material to produce an existing product, or change the product shape/dimension/design on their own initiative or in response to their customers. Some upgrade their existing machinery or acquire new machinery for expansion or product diversification. Others introduce existing products due to customer demand or to enable further growth. They are decisive in their incremental innovations. The companies upgrade their technology or skills and change product shape, dimension or design with external support. In-house R&D is largely absent. Thus, incremental innovators emerge due to external factors. These firms are ‘defensive’ or ‘reactive’ innovators. They are innovation followers.
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Khizhnyak, R. S. "Entrepreneurial approach to the business incubator: a business models based of «Shared Value Canvas» and «Diversified Markets Canvas»." Business Strategies, no. 7 (August 9, 2018): 18–22. http://dx.doi.org/10.17747/2311-7184-2018-7-18-22.
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Innovations is the key driver for the developed countries intense economic growth. Small innovative ventures play a major role in the creation and development of the innovations. Any innovation implementation entails high risks. To reduce the risks the state has to come up with innovations support and incentives system which incorporates business-incubators as one of its elements. The most effective business incubators performance analysis results were used for development of business incubators successful operations basics. One of them is as follows: “A business incubator should be treated as business”. This statement is the cornerstone of the present article covering the particulars of technological business incubators business models development to be used as business planning and evaluation basics.
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Frost, Taggart F., and Bruce G. Rogers. "Attitudes toward Technology and Religion among Collegiate Undergraduates." Psychological Reports 56, no. 3 (June 1985): 943–46. http://dx.doi.org/10.2466/pr0.1985.56.3.943.
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This study concerned the relationship between attitudes toward technology and religion among collegiate undergraduates. Attitude measures of religious ideology and technological innovations were administered to 144 education students and 198 business students. While those in education scored slightly higher than those in business on the ideology measure but lower on the technology measure, the differences were in the generally accepted small range of effect size. Views toward ideology and technological innovations were statistically independent of each other. Over-all, both groups showed positive attitudes toward traditional religious values and technology.
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Altufieva, Natalia. "The Strategic Priorities of Developing Small and Medium Sized R&D and Innovative Enterprises in the Republic of Bashkortostan." Regionalnaya ekonomika. Yug Rossii, no. 2 (August 2019): 60–66. http://dx.doi.org/10.15688/re.volsu.2019.2.6.
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The article studies the priorities of developing small and medium sized innovative business. The paper shows that in modern conditions the priorities of developing small and medium sized innovative business should be considered as a necessary direction to ensure effective innovative development of the Republic of Bashkortostan and Russia as a whole. The article analyses the approaches to assessing the innovative potential of small and medium-sized innovative business. The author classifies the approaches to assessing the development of innovative systems. The paper presents the analysis of the indicators characterizing the innovative activity of small and medium business in the Republic of Bashkortostan. The author calculates the index of innovative potential and defines the priorities of developing small and medium sized innovative business in the Republic of Bashkortostan. The article reveals that for the most objective analytical assessment it is necessary to study such indicators as the number of small and medium sized R&D enterprises, the average number of innovative small and medium sized enterprises, the money turnover of R&D and innovative small and medium sized enterprises, costs on technological innovations of small enterprises, the share of small enterprises involved in technological innovations in the total number of small enterprises in Bashkortostan. The author emphasizes that under the conditions of global challenges it is necessary to deal with the strategic priorities of developing small and medium sized innovative business comprehensively and take into account such factors as innovative potential, innovative risk and security of innovative activity.
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Indrawati, Henny, Caska, and Suarman. "Barriers to technological innovations of SMEs: how to solve them?" International Journal of Innovation Science 12, no. 5 (November 30, 2020): 545–64. http://dx.doi.org/10.1108/ijis-04-2020-0049.
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Purpose This study aims to analyze the inhibiting factors of small and medium enterprises (SMEs’) technology innovation, supporting institutions for SMEs technology innovation development, SMEs’ technology innovation development model and strategies for developing SMEs in technology innovation. Design/methodology/approach This is a mixed-method research project conducted through a survey of SMEs in Riau Province, Sumatera Indonesia (primarily in the districts of Siak, Kampar and Pelalawan) from April to July 2019. SMEs that have been operating for at least five years were chosen purposively as samples. Based on the requirement, there are 277 entities used in this study. A focus group discussion (FGD) was also conducted to formulate SME models and development strategies in technological innovation. In addition, in-depth interviews and observations were also carried out on technological innovations undertaken by respondents. Findings It was found that there are five inhibiting factors of SMEs’ technology innovation: government support, quality of human resources, funding of technological innovation, economic conditions and business partners. The biggest inhibiting factor remains to be the funding of technological innovation. Therefore SMEs provide independent technological innovation costs to develop technological innovations for business sustainability. Supporting institutions for developing SME technology innovation consist of government institutions, private institutions, financial institutions (banks) and nonbank financial institutions. To survive and excel amid competition, SMEs need to pay attention to technological innovation. The business strategy that needs to be done is to improve services to consumers and improve their attitude toward innovation in the implementation and development of SMEs’ businesses. Research limitations/implications This research is limited to research on the inhibiting factors for SME technology innovation from the aspect of the production sector. This research has not studied various business fields in the trade, service and digital SME sectors. Future studies can reveal factors inhibiting SME technological innovation, except production aspects and various SME business fields. In addition, this study has not analyzed the cost of technological innovation provided by SMEs. Therefore, future studies could also reveal the large costs of technological innovation provided by SMEs. Originality/value This research investigates barriers hindering the SMEs’ technological innovations in Southeast Asia, including Indonesia as a maritime country. It also formulates strategies to reduce the barriers to SME’s technological innovation and contributes to the development of knowledge of technological innovations in SMEs. Moreover, this paper involves investigating government support from a nonfinancial aspect. To the best of the authors’ knowledge, this aspect has not been much discussed by studies on innovation at SMEs till now.
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RADICIC, DRAGANA, DAVID DOUGLAS, GEOFF PUGH, and IAN JACKSON. "COOPERATION FOR INNOVATION AND ITS IMPACT ON TECHNOLOGICAL AND NON-TECHNOLOGICAL INNOVATIONS: EMPIRICAL EVIDENCE FOR EUROPEAN SMES IN TRADITIONAL MANUFACTURING INDUSTRIES." International Journal of Innovation Management 23, no. 05 (May 29, 2019): 1950046. http://dx.doi.org/10.1142/s1363919619500464.
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Drawing on a sample of small and medium-sized enterprises (SMEs) in traditional manufacturing industries from seven EU regions, this study investigates how cooperation with external organisations affects technological (product and process) innovations and non-technological (organisational and marketing) innovations as well as the commercial success of product and process innovations (i.e., innovative sales). Our empirical strategy takes into account that all four types of innovation are potentially complementary. Empirical results suggest that cooperation increases firms’ innovativeness and yields substantial commercial benefits. In particular, increasing the number of cooperation partnerships has a positive impact on all measures of innovation performance. We conclude that a portfolio approach to cooperation enhances innovation performance and that innovation support programs should be demand-led.
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Dimitrijević, Dragan, and Živoslav Adamović. "Information systems in small and medium-sized enterprises of the textile and clothing industry." Tekstilna industrija 70, no. 3 (2022): 16–25. http://dx.doi.org/10.5937/tekstind2203016d.
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Market uncertainty and financial instability in the era of global competition force companies to work faster and increase productivity and business efficiency with continuous cost reduction and qualitative efficiency, which serves as a basis for strengthening the competitiveness and sustainable development of all, including SMEs -small and medium-sized enterprises of the textile and clothing industry. Various innovative contents and adequate technological solutions, as well as reengineering of business/production processes, with massive and adequate implementation of technical-technological innovations based on information and communication technologies -ICT and flexible automation, i.e. on the direct and efficient implementation sector defined information systems, also represent possible elements of functional competitiveness and sustainable development. Otherwise, changes in the environment and ways of doing business of companies require a better understanding and integration of data, as well as their more efficient exploitation in the functioning and development of the company, which imposes the need for permanent generation, adaptation and development of quality and efficient information systems. As a result of such requirements, the responses of industrial production through the implementation of technical-technological innovations are inevitable, whereby quality and efficient ICT infrastructure, coherence of innovative technologies and flexible production, as well as compatibility and complementarity of production and business information systems, are necessary elements and indicators of efficiency and quality. The implementation, efficient exploitation, as well as the development of various business and production information systems, obviously has its benefits, presented through more efficient, better quality and faster operations, but also disadvantages, because it is obviously conditioned by the stochastic laws of the global market, the variable human factor or the lack of high-quality, highly educated professionals staff, requirements for high initial investments, but also the specifics of the textile/clothing industry and SMEs, as well as the incompatibility of the implemented production and business systems.
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Indra S, Aditya, Aldo Brilianta, Windi Dian Pertiwi, and Heny Hartono. "Pendampingan Pengembangan Kreativitas UMKM Melalui Inovasi Produk Oatmeal Madu pada UMKM Body Scrub." PATRIA 1, no. 1 (March 8, 2019): 19. http://dx.doi.org/10.24167/patria.v1i1.1909.
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This community service aimed to develop UMKM (Micro, Small, Medium Enterprises) creativity through product innovation in the form of honey oatmeal body scrub at UMKM at Sambiroto, Semarang.The era of globalization that has been followed by technological advancement and business competition must bepositively responded with a breakthrough in the creativity of UMKM entrepreneurs. Creativity can produce innovations that can advance micro, small and medium enterprises (UMKM). Accompaniment to UMKM through the innovation of honey oatmeal body scrub products can prove the importance of UMKM to be more creative in order to produce high quality product innovations that can be more widely marketed
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Budiarti, I., and A. M Akbar. "E-commerce for the Development of Small Medium Enterprises." International Journal of Research and Applied Technology 1, no. 2 (December 2, 2021): 13–17. http://dx.doi.org/10.34010/injuratech.v1i2.5906.
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This study aims to determine the perceived influence of the existence of e-commerce for SMEs and how the development of Small and Medium Enterprises (SMEs) businesses towards e-commerce. This study used descriptive method and literature review with interviews, reading, and quoting. After conducting research on SMEs, it had been proven that with e-commerce, SMEs had become more advanced and increasingly developed. The results of this study were technological advances can be utilized by SMEs to market and develop their business through e-commerce so that many product or service innovations are created.
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Minguela-Rata, Beatriz, Jose Fernández-Menéndez, and Marta Fossas-Olalla. "Cooperation with suppliers, firm size and product innovation." Industrial Management & Data Systems 114, no. 3 (April 8, 2014): 438–55. http://dx.doi.org/10.1108/imds-08-2013-0357.
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Purpose – The purpose of this paper is to analyze the effect of technological cooperation with suppliers (TCS) and the firm size on propensity to develop product innovations and on propensity to radical innovations. Design/methodology/approach – The study uses data from Business Strategies Survey (ESSE in Spanish). The final sample was composed by 1,952 companies representing the Spanish manufacturing industries. Some control variables were introduced: age, propensity to export and sector technological intensity level. Logistic regression analyses were adopted to analyze the data. Findings – The results indicate that those firms that cooperate technologically with suppliers have a greater propensity for product innovation and, specifying, for radical innovations; and the larger firm size, greater the propensity to product innovations. However, radical product innovations depend of some characteristics of firms and environment. Research limitations/implications – The sample just focusses on Spanish manufacturing companies. Small firms will benefit more from the TCS. Practical implications – Some characteristics of firms and environment can originate some rigidity and take a more conservative attitude. In this sense, large and small firms, as well as, the oldest firms have a more conservative attitude when they carry out radical product innovations. Originality/value – The study contributes to product innovation literature and also to the debate regarding firm size and innovation. It distinguishes between radical and incremental innovations. Indeed, some characteristics of firms (such as size or age) and environment should be considered when the firms carry out the innovation process.
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Xia-Bauer, Chun, Florin Vondung, Stefan Thomas, and Raphael Moser. "Business Model Innovations for Renewable Energy Prosumer Development in Germany." Sustainability 14, no. 13 (June 21, 2022): 7545. http://dx.doi.org/10.3390/su14137545.
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In Germany, the number of renewable energy prosumers has increased rapidly since 2000. However, the development of prosumers has faced and will continue to face various economic, social, and technological challenges, which have triggered the emergence of a number of innovative business models (BM). This paper enriches the empirical basis for prosumer-oriented BMs by investigating two BM innovations in Germany (P2P electricity trading and aggregation of small-size prosumers) drawing on business model and socio-technical transition theories. A mix of qualitative data collection methods, including document analysis and semi-structured expert interviews, was applied. We found that while both BMs can potentially address the challenges associated with renewable energy prosumer development in Germany, small-scale prosumers’ participation in both BMs has been limited so far. We identified various internal and external drivers and barriers for scaling up these BMs for prosumer development in Germany. Despite these barriers, both aggregation and centralized P2P targeting prosumers may potentially be also taken up by incumbent market actors such as utilities. Decentralized P2P on the other hand still faces significant internal and external barriers for upscaling. Based on the analysis, the paper provides policy recommendations with respect to the identified drivers and barriers. From a theoretical perspective, our findings provide further evidence to challenge the dichotomous understanding of niche actors and incumbents, the latter of which are often theorized to be resistant to radical innovations.
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Urban, Jan, and Zdeněk Caha. "Innovation in small family firms: A qualitative multipla case study." Trendy v podnikání 10, no. 4 (2021): 20–28. http://dx.doi.org/10.24132/jbt.2020.10.4.20_28.
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Family firms, accounting globally for the majority of companies, are the backbone of many national and local economies. Despite their importance as both employers and producers/service providers, research on these firms, analyzing their innovative behavior or comparing it with other forms of companies, has often been describing them as more conservative and less risk-raking, generating thus less innovation compared with other types of businesses. The goal of this study was to analyze the scope innovative activities in family owned companies on the basis of an empirical qualitative survey, founded on descriptive multiple-case study analysis of fifteen small, locally operating family owned firms in retail and service-industry, which have successfully survived 5 or more years in business. It used semi structured interviews with family owners and focused on identifying their attitudes to innovation as well as their skills to apply innovations of various types, important for their market competitiveness. The results of the survey, contrary to some earlier findings pointing to family firms ́ conservativeness, showed that these firms, due to their specific organizational culture, rely on innovations substantially, though the main focus of their innovations tends to be on product/technological changes as well as innovations in clients ́ relations.
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Wang, Dja Shin. "Association between technological innovation and firm performance in small and medium-sized enterprises." International Journal of Innovation Science 11, no. 2 (June 3, 2019): 227–40. http://dx.doi.org/10.1108/ijis-04-2018-0049.
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Purpose In developing countries, numerous small- and medium-sized enterprises (SMEs) must innovate because of their scarce resources. This study aims to address the ambidextrous innovation (radical and incremental) associated with firm performance on the SMEs and investigate the moderating effect of environmental factors on the relationship between technological innovation and firm performance. Design/methodology/approach The authors formulate a path model with the variables to investigate the impacts of the two different innovation strategies and their joint effects on firm performance. Meanwhile, they hypothesized that external environmental factors – market dynamism, labour availability, business cost and competitive hostility – moderate the association of radical and incremental innovations with firm performance. The validity of the proposed model was evaluated using a structural equation modelling approach. Confirmatory factor analysis was used to evaluate the convergent validity of the constructs. Findings The authors find that positive association between radical innovation and firm performance; it shows that the radical innovation strategies are positively related to firm performance in SMEs. They also find that the relationship between radical innovation and firm performance has moderated by environmental factors. Second, they find that the incremental innovation strategies have a negative impact to firm performance, and the relationship between incremental innovation and firm performance has no moderated by environmental factors. Practical implications This paper suggests that the managers of SMEs must involve in technological innovation, and offer fourth main implications above. In particular, the authors forewarn SMEs’ managers of the necessity of generating that the relationship between radical innovation and firm performance has moderated by environmental factors, there are approaches fourth items around. Originality/value This study highlights the crucial importance of the mediating role of environmental dynamism when examining the relationship between ambidexterity (radical and incremental innovations) with firm performance; firms can perceive environmental factors and develop technological innovation strategies to enhance business performance.
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Stjepić, Ana-Marija, Mirjana Pejić Bach, and Vesna Bosilj Vukšić. "Exploring Risks in the Adoption of Business Intelligence in SMEs Using the TOE Framework." Journal of Risk and Financial Management 14, no. 2 (February 2, 2021): 58. http://dx.doi.org/10.3390/jrfm14020058.
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The business success of small- and medium-sized enterprises (SMEs) increasingly relies on the adoption of various technological innovations. For today’s unpredictable business operations, business intelligence systems (BISs) represent one of the most prominent tools with a significant impact on business performance. However, different internal and external risks may influence BIS adoption. The goal of this paper is to investigate the risks that impact BIS adoption in SMEs, using the Technology, Organization, and Environment (TOE) framework. For that purpose, we develop the logistic regression model, using data collected by a questionnaire survey using a sample of 100 Croatian SMEs. The results indicate the applicability of the TOE theoretical framework for examining BIS adoption in SMEs. Given the results obtained, the sampled SMEs should take into account the internal risks related to the organizational dimension and external risks related to the environmental dimension. Our research did not reveal the significant impact of technological risks that encompass characteristics of considered technological innovation related to the technology dimension.
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Simin, Marina, Slobodan Živkucin, Sreto Aleksić, and Dimitrije Soleša. "The current condition and development of the innovative sector of small and medium enterprises (SMEs) in AP Vojvodina." Ekonomija: teorija i praksa 14, no. 3 (2021): 22–43. http://dx.doi.org/10.5937/etp2103022s.
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Innovation is a fundamental factor of technological progress, economic growth, development and prosperity around the world. Continuous improvement of innovation is the focal part in the development policy of the world's leading countries and presents the key element of the development strategy of the EU - Europe 2020. The economy of AP Vojvodina is still characterized by a low level of innovation. The consequences of a company's insufficient care for technological development based on its own innovative work is a very small number of protected innovations, especially patents and petty patents in our country. The subject of this paper is the research into the current state and number of innovative small and medium enterprises (SMEs) that started business on the basis of their innovation, especially patent or petty patent in AP Vojvodina. The main goal of the paper is to increase the number of innovative SMEs in AP Vojvodina based on the results of this research and proposed measures aimed at creating higher added value, successful market verification of innovations and better market positioning.
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Korodyuk, Igor, Mikhail Solodkov, and Alina Borisova. "Features of the Integration of Small Entrepreneurship into the National Economical Structure in the Current Context." Bulletin of Baikal State University 29, no. 3 (September 12, 2019): 444–52. http://dx.doi.org/10.17150/2500-2759.2019.29(3).444-452.
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The article considers the role of small business in terms of the present-day global economy and analyses the problems of identifying an optimal correlation between small and large businesses in the open-type economic systems. The authors describe the features of small enterprises in performing economic activities and substantiate the necessity and expediency of cooperation between large and small companies in the field of technological innovations. Foreign experience has proved the effectiveness and perspectiveness of incorporating of small businesses in the activities of large companies, one of the components of country's successful economic development as a whole. However, despite the emerging positive trend, this area is still not given due attention in Russia. The authors investigate the historical features of the Russian small business system that have left a mark on its interrelations with large business entities and bring up an issue of the necessity of mastering the state support of the small business sector in our country and pay a sufficiently more attention to the issues of cooperation and mutual support of small and large businesses.
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Martin, Mwangi S., and Mary J. Namusonge. "INFLUENCE OF INNOVATION ON SMALL AND MEDIUM ENTERPRISE (SME) GROWTH." International Journal for Innovation Education and Research 2, no. 5 (May 31, 2014): 31–41. http://dx.doi.org/10.31686/ijier.vol2.iss5.182.
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Innovation is paramount to the survival and growth of any business. It has changed the way companies conduct business and the way both customers and clients acquire goods and services. The textile industry was one of the key sub-sectors targeted under the country’s strategy for economic recovery (Republic of Kenya, 2003). This study probed the influence of technological, product and process innovations on growth of garment manufacturing industries in Nakuru. Stratified random sampling and purposive sampling techniques were employed in deriving the study sample. Data was collected using structured questionnaires and analyzed using descriptive statistics with the aid of Statistical Packages for Social Scientist (SPSS 20). This study was able to establish a strong link between innovation and growth of businesses and recommends that the Kenyan government should establish close links with SMEs in the garment manufacturing industries to encourage innovative strategies that will enable the sector to expand.
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Zannah, Mohammed, Fauziah Mahat, Jibrin Geidam, Umar Malum, Musa Mohammed, and Furera Bello. "THE IMPACT OF INNOVATION ON SMALL AND MEDIUM ENTERPRISES GROWTH." International Journal of Advanced Studies in Business Strategies and Management 9, no. 1 (March 25, 2021): 1–6. http://dx.doi.org/10.48028/iiprds/ijasbsm.v9.i1.01.
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The role of Innovation on small and medium enterprises (SMEs) growth is inevitable in any form of business organisation. Innovation has to do with a new idea, creative thought, and new imaginations of device of production of new product to add value to its customer. Innovation save as rebirth of product and reintroduce product in new look. This study have assess the impact of investment and technological innovation in growth of SMEs in Yobe State Nigeria. Structured questionnaire were used to gather the data, random sampling method were also adopted in surveying the 150 number of respondent. The finding shows significant relationship between innovation of product and production device and small and medium Growth, the result shows there is a relationship and the relationship is medium and positive. Moreover therefore there is impact of both investment and technological innovation on small and medium enterprises Growth The innovation has highly increase the growth of the enterprises. The study also recommend the government to consider and increase funds being allocated to grow the SMEs to make more innovations.
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Lawa, Kheder Omar, and Sahar E-Vahdati. "The role of entrepreneurial orientation and social capital toward technology innovation among SMEs in Kurdistan." Global Business Management Review (GBMR) 14, no. 2 (December 30, 2022): 37–55. http://dx.doi.org/10.32890/gbmr2022.14.2.3.
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The emergence of the fourth industrial revolution has made fundamental changes to technology, industries, and societal patterns and processes. SMEs are familiarizing themselves with new technological innovations to adapt to the current shifts. SMEs significantly contribute to economic progress by creating jobs, generating revenue, reducing poverty, and launching new ventures, especially in developing economies. However, the contribution of the SMEs in Kurdistan is limited due to the weak capacity to produce technological innovations and the inability to execute manufacturing processes effectively. So, the study aims to investigate the impact of Entrepreneurial Orientation (EC) and Social Capital (SO) on the Technological Innovation (TI) of Kurdistan SMEs in the Kurdistan region of Iraq. This study used the resource-based theory as the underlying theory for its presumptions, and its model was constructed using self-administered questionnaires. Three hundred forty-four business owners participated in this study, yielding a response rate of 68%. The results of the current study showed that social capital and entrepreneurial orientation both significantly and positively affect technological innovation. The study will contribute to technology innovation adoption among small industrial companies in Kurdistan and reduce potential setbacks for technology adoption, highlighting externally generated knowledge of entrepreneurial orientation and social capital.
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Jones, Lauren Joy, and Ashley Pearson. "The Use of Technology by Gold Coast Legal Practitioners." Law, Technology and Humans 2, no. 1 (January 31, 2020): 57–74. http://dx.doi.org/10.5204/lthj.v2i1.1304.
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Digital technology is inexorably changing the landscape of law. From the adoption of sustaining technologies, which enhance the productivity and efficiency of the traditional law firm, to the creation of disruptive technologies, which fundamentally challenge the established forms of the legal profession, the digitalisation of the legal sphere opens up new spaces and structures of legal practice that challenge the form of traditional law firms. Existing literature on the digitalisation of law paints a narrative of technological resistance by traditional law firms, suggesting that BigLaw firms are defensive of the power and status that the current model affords them. However, in reality, the wealth and expanse of BigLaw firms allow them to freely invest in and create new technological innovations. Recent Australian research places BigLaw firms at the forefront of adopting digital technologies into the legal market, leaving behind small and medium-sized legal firms as the victims of digital disruption rather than as technological adopters or beneficiaries.
This article stands in contrast to the literature on traditional small and medium-sized firms, arguing that lawyers from such firms in Australia are not only embracing the use of technology but are also actively engaging in the digital transformation of legal practice. It presents qualitative findings from a 2018 study that involved open-ended interviews with nine lawyers from the Gold Coast, Australia on their use and adoption of digital technologies in their professional legal practice. Through unpacking these findings, this article demonstrates a new perspective of small and medium-sized traditional legal firms in which they do not resist law’s digital future but instead embrace it.
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Peters, S. R., and A. M. Coles. "Technological Entrepreneurship and Firm Strategy: The Development and Commercialization of the Ballard Fuel Cell." International Journal of Entrepreneurship and Innovation 11, no. 1 (February 2010): 79–88. http://dx.doi.org/10.5367/000000010790772412.
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An entrepreneurial strategy has been identified as playing a key role in radical innovation due to the risk-taking nature of the entrepreneurial firm. However, less attention has been paid to the factors that are critical to the success of such innovations by small firms in which these occur. The Schumpeterian idea of visionary individuals who can both operate in the world of advanced engineering and take on a business role as part of a global industry still appears to be essential. This article focuses on the fate of one such individual, Geoffrey Ballard, who has played a pioneering role in developing and commercializing fuel cells for vehicle propulsion.
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Fayzulloev, Mashrab, and Sirojiddin Komilov. "Challenges of Innovative Development Within the National Economy." SHS Web of Conferences 50 (2018): 01234. http://dx.doi.org/10.1051/shsconf/20185001234.
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The paper clarifies the main problems of innovative development taking into account social and economic conditions of innovative business, mechanisms to expand innovative processes within the national economy. The theory of innovative infrastructure formation within innovative development based on research-scientific and innovative structures is developed. Innovative infrastructure is considered the mechanism representing a set of interconnected and complementary scientific and technological systems, organizations, firms ensuring efficient implementation of innovative activity and innovations as such. It is specified that innovative processes in Tajikistan are characterized by relatively low activity and efficiency, which is substantially caused by lack of corresponding scientific and technological potential of innovative development and problems of creating favourable conditions for the development of small forms of innovative business in various industries of the national economy. There is a need to develop a national innovative system allowing defining areas of expanding the innovative activity and innovative business alongside with implementing organizational and institutional approaches to economic policy in the field of innovative processes expansion through various industries of the national economy. The tasks of the state policy in the field of innovative business development in Tajikistan taking into account state support at initial stages of innovative business formation and expansion of innovative activity are specified. The principles of establishing small innovative enterprises based on innovative activity of higher educational institutions and research centres are suggested and specified.
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Elliot, Esi Abbam, Benjamin Ngugi, and Charles A. Malgwi. "Mitigating microfinance marketing channels inefficiencies with customerization of mobile technology." International Marketing Review 35, no. 4 (July 9, 2018): 619–36. http://dx.doi.org/10.1108/imr-11-2015-0256.
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Purpose The purpose of this paper is to investigate how technological innovations mitigate inefficiencies in marketing channels in the context of microfinance markets in emerging markets. By examining in detail, specific market inefficiencies that inhibit the efforts of micro and small enterprises to access microfinance in emerging markets and the use of technology to alleviate these failures, the authors bridge the literatures on marketing channel inefficiencies and technological innovation relevant to emerging markets. Design/methodology/approach The authors use a qualitative method in the form of phenomenological interviews and participant observation in Ghana, West Africa, to investigate the research question. Findings The three themes that arise from the findings are: channel structure and structure selection; power-dependence relationships and relational outcomes; and conflict mechanisms and control behaviors. Customerization of technology is observed to mitigate inefficiencies in mobile marketing channels by facilitating data sharing, reminders, peer referencing and other marketing strategies of awareness, affordability, access and scalability. Research limitations/implications The limitations of this study are the fact that the context of the study is only one emerging market country – Ghana. This market is however experiencing dynamic changes in mobile technology innovations that is revolutionizing the microfinance industry. Practical implications Mobile money innovations have advanced the scope of marketing channels to the point that an updated perspective of the role of mobile technology in mitigating marketing channels inefficiency is both appropriate and timely. Originality/value The authors make the contribution of customerization as an aspect of mobile technology that is a key enabler in microfinance marketing channels, serving to mitigate microfinance market inefficiencies. Additionally, the study augments theories on the marketing channels framework by contributing perspectives on mobile technology.
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Eroshkin, A., M. Petrov, and D. Plissetskii. "State Financial Support to Innovations Abroad." World Economy and International Relations, no. 12 (2014): 26–39. http://dx.doi.org/10.20542/0131-2227-2014-12-26-39.
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In today's world innovation plays a key role in securing a country’s economic and technological leadership. It encourages governments to increase investment in innovative areas and look for ways to improve the efficiency of science and innovation funding in order to increase the economic benefits of R&D budget allocation. Despite vast differences of measures used by countries to promote innovative activity, it is possible to identify some common approaches to restructuring the budget support mechanisms for science and business innovation, which have been applied in recent years by a growing number of states. One of the most important trends, which has achieved global scale, is to expand the practice of project finance for fundamental and applied research while reducing the share of the traditional budgeted funding of research institutions and universities. In many countries, the transition to the project-oriented support of R&D stimulated institutional restructuring of the public science funding system, with a marked increase of the importance of authorized government agencies (foundations, research councils, etc.) involved in the assessment, selection and allocation of grants for scientific projects and programs. In a number of states, increased role of tax incentive tools for corporate R&D, larger financing of small and medium-sized high-tech enterprises and broader public procurement of domestic innovative products are among the main reform areas of state support to corporate innovation. According to the authors, despite the growing popularity of these approaches on a global scale, it would be wrong to speak of them as cure-all solutions suitable for all countries to enhance efficiency of state innovation. First of all, the experience accumulated by countries implement appropriate varies seriously and is not positive everywhere. Besides, the ongoing profound differences in the organization of innovative systems in certain countries make it difficult to use even those foreign developments in management science that have proven their productivity, requiring serious adaptation and adjustment to the specifics of national economies, and scientific and technological environment.
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Oreshina, M. N. "The use of artificial intelligence in the innovation activities of industrial enterprises." E-Management 4, no. 1 (April 30, 2021): 29–37. http://dx.doi.org/10.26425/2658-3445-2021-4-1-29-37.
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The article considers innovative methods of conducting business activities of an enterprise based on the use of modern information systems, Web technologies, artificial intelligence technologies for creating digital counterparts of an enterprise, managing business processes and managing technical parameters of production. The introduction of innovations at the enterprises of the agro-industrial complex is due to the established stable system of distribution of new technologies based on modern scientific base, programs to support small-scale enterprises and their positioning in the market, for the purpose of developing regional structures, creation of specialized subcomplexes in the structure of processing enterprises, for example, in the food industry enterprises, where the introduction of innovations is associated with lower financial costsThe author gives the introduction of innovations in the implementation of digitalization measures at low-power enterprises on the basis of the development of measurement and computing complexes containing unified automation tools with a wide range of applications, modern software products for collecting and processing data on the progress of the technological process and generatingalarms, as well as diagnostic systems and instructions for the installation of equipment, operating both independently and managed through cloud servers.The paper proposes the measuring and computing complex for monitoring and regulating the parameters of complex processes for monitoring and regulating the parameters of small-scale food production enterprises, shows methods for predicting the properties of products with specified characteristics.The study determines the positive directions of digitalization that ensure the competitiveness and economic development of the enterprises of the agro-industrial complex.
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Osovin, M. N. "REDUCING THE SECTORAL DIFFERENTIATION OF INNOVATIVE ACTIVITY AS A PRIORITY AREA FOR THE DEVELOPMENT OF THE DIGITAL AGRARIAN ECONOMY." Scientific Review: Theory and Practice 10, no. 7 (July 30, 2020): 1375–83. http://dx.doi.org/10.35679/2226-0226-2020-10-7-1375-1383.
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In 2017, the aggregate level of innovation activity in Russia amounted to 8.5%, the introduction of technological innovations - 7.5%; new business methods were used by only 2.3% of the surveyed organizations. In agriculture, technological innovations were carried out by 3.1% of enterprises, organizational - 0.9%, marketing - 0.5%; innovations aimed at increasing environmental safety in the production process or as a result of using improved products were introduced by 3.6% agricultural enterprises. According to the results of assessing the level of diffusion of innovations in agriculture, carried out on the basis of Rosstat data, the Central, Northwestern and Ural federal districts differ in a balanced level of innovation activity in all parameters. In the Volga Federal District, the share of organizations engaged in marketing innovations exceeds the average Russian level, but the aggregate level of innovation activity is low - 3%. A characteristic feature of the administrative-territorial units of the Russian Federation, in which the smallest share of innovative activity of any type in agriculture is recorded, is the predominance of small forms of management in their structure. According to the Analytical Center of the Ministry of Agriculture of Russia, in 2019 the number of people employed in agriculture was 4706 thousand people (6.5% of the employed people total number in the Russian Federation); among them only 113 thousand people were specialists in the field of information technology. The shortage of the qualified workforce with skills in digital technologies is more than 90 thousand people. Most respondents acknowledge the advisability of raising the qualifications of agricultural specialists in the field of digital technologies; they note the need to create centers of competence. In the context of macroeconomic and geopolitical instability, ensuring the Russian Federation’s leading position in the world food markets requires a set of institutional solutions aimed at increasing innovative activity in agriculture.
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Najmaei, Arash, Jo Rhodes, and Peter Lok. "Exploring the dynamism of complementarities in executives’ business modelling knowledge structures." Journal of Strategy and Management 7, no. 4 (November 11, 2014): 398–421. http://dx.doi.org/10.1108/jsma-11-2013-0063.
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Purpose – The purpose of this paper is to explore and explain how market and technological knowledge gained by executives interact in a complementary fashion to form the knowledge structure of their business model which in turn enable them to make sense of underlying complexities surrounding management of strategic courses of action. Design/methodology/approach – Unitizing, categorizing, and classifying (UCC) in conjunction with pattern-matching (power and proof quotes) as qualitative methods were used to analyse a series of semi-structured interviews with eight executives from five small manufacturing firms in Australia. Findings – It was found that executives’ business modelling knowledge structure defined as the knowledge base that underpins their business models is developed from four interactions that exist between their market and technological knowledge. Particularly, executives can learn about technological aspects of their business model from market knowledge they acquire and also learn about marketing issues of their business model from technological knowledge they acquire. This interactive nature offers novel insights into versatility and fungibility of executives’ knowledge as a strategic resource that defines how business models evolve and shows how executives use knowledge as a non-rivalrous resource in different ways for developing different business models. Research limitations/implications – This study is limited in scope to: first, the context of executive of Australian small manufacturing firms and second, limited sources of data. Practical implications – This study offers important implications for business modelling and strategic formulation of practicing managers. It particularly contributes to a fuller understanding of how executives’ learning contributes to the cognitive formation of business models. It also helps executives gain new insights into the importance of various types of knowledge and the complementary nature of their interactions in the development of novel mental models as a key managerial competency in today’s dynamic markets. Originality/value – The conceptual framework developed and findings reported in this study have not been previously studied and offer novel insights into the literature on knowledge-based management, competitiveness, and business modelling.
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Janczewski, Jerzy. "Innowacja jako narzędzie przedsiębiorczości małej firmy na przykładzie usług motoryzacyjnych." Przedsiębiorczość - Edukacja 2 (January 1, 2006): 27–40. http://dx.doi.org/10.24917/20833296.2.3.
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The article present the subject of innovation as an instrument of entrepreneurship in small company from automotive service business. An innovation is defined as a change that creates new value for the enterprise and customers. In small automotive companies, innovations of end product, technology, ecology and management, are included. The product innovation is connected to the technological changes, because garage service needs to buy new equipment to increase range of its service. The ecological innovation leads to better protection of the environment. The innovation in management, in all the company or its part, is the most important. It applies to planning, organization, management, control and communication. The research shows that innovations are accepted in service garage broadly. It is result of a change in entrepreneur’s attitude to innovation, and of his better knowledge. The car mechanic must constantly update his knowledge or he would not be able to repair modern car. The innovation is his strong instrument of entrepreneurship and important component of the power of his competition, because he can not repair contemporary car. The innovation are his strong instrument of entrepreneurship and important component of competition.
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Gardziński, Tomasz. "ABOUT A SOCIAL ENTERPRISE..." International Journal of New Economics and Social Sciences 9, no. 1 (June 28, 2019): 445–55. http://dx.doi.org/10.5604/01.3001.0013.3061.
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A social enterprise is an innovative phenomenon in which every day entrepreneurial problems are solved by an entrepreneurial initiative of cooperating individuals. Espe-cially in regions with large social and human capital, among communities with high trust, sensitivity and a sense of common social purpose in business, people discover that together we can do more, especially in our small homelands that constitute the microcosm of economic life. The aim of the article is to show that in the era of rapid technological progress, social innovations are a boundary condition for the survival of not only social enterprises, but also commercial ones, which to a smaller or larger extent also realize or can achieve social goals.
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França, José Adalberto, Nicolette Lakemond, and Gunnar Holmberg. "The coordination of technology development for complex products and systems innovations." Journal of Business & Industrial Marketing 37, no. 13 (October 13, 2022): 106–23. http://dx.doi.org/10.1108/jbim-07-2020-0327.
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Purpose The purpose of this paper is to explore earlier stages of complex products and systems (CoPS) innovations, investigating how technology development can be coordinated. Design/methodology/approach This paper uses a case study methodology, adopting an abductive logic, characterized by a nonlinear and iterative process of systematic confrontations between theoretical framework, empirical fieldwork and case analysis. Specifically, the authors study the Swedish aerospace network, which distinctly represents the CoPS characteristics of intense technology development with long-term goals and project-based activities with universities, research institutes, small medium enterprises and leading firms. Findings By adding the network perspective in the CoPS literature, the authors found that technology development can be coordinated within the technological and the business dimensions and according to different strategic nets. Also, the authors found that strategic nets co-evolve when their related projects are connected and advance in maturity, and their actors change their network position. Originality/value Current research on CoPS often recognizes that the survival and growth of a firm depend on its ability to coordinate innovative projects that are usually implemented during technology development. The findings contribute to this literature by showing how such projects can be implemented through agenda construction and the simultaneous coordination of strategic nets, leading to the synchronization of resources and activities. As such, this study’s framework offers a novel and integrative view of how the short-run and long-run strategies of leading firms can be aligned, and how other actors can contribute to the direction of the innovation path.
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TEPLIUK, MARIIA. "INNOVATIVE DEVELOPMENT TRENDS OF SMALL BUSINESS ENTREPRENEURSHIP IN THE DIGITAL ECONOMY CONDITION." Herald of Khmelnytskyi National University 294, no. 3 (March 2021): 35–39. http://dx.doi.org/10.31891/2307-5740-2021-294-3-5.
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The article is devoted to the modern trends identification in the small businesses innovative development and their adaptability to the digital economy. The article presents the main characteristics of the digital economy and its impact on the small business’ innovative development. Transformation processes from idea generation, business idea formation to implementation of breakthrough innovations and small business enterprises activity are analyzed. The article considers, within the network intellectual digitization, technological trends: digital idea, smart applications and analytics, smart things, digital twins, cloud technologies, talk platforms, immersive experience, blockchain, managed models, prolonged adaptive risk and trust. Based on the results of strengths, weaknesses, opportunities and threats analysis, the most significant economic factors of industrial production development in Ukraine have been found out. The economic factors of the enterprises development under the conditions of Industry 4.0 are systematized. It shows the essence of the paradigm shifts in economy, that respond to the trend to globalization and setting up the information society, especially to the impact of the fourth industrial revolution. The authors have noted increased productivity and profitability of production and the rise of collaboration effectiveness between the economic entities. Such factors as the need to develop a new type of intellectual value chain, production of individual and customized goods with reasonable prices and use of learning factories have specific meaning in the framework of this problem. However, in the context of the Ukraine industrial policy within of Industry 4.0, certain systemic economic factors that could have a negative impact on the development of priority sectors of industry have been identified. The results obtained can be used by business entities implementing the decoded platform. At the same time, drivers of innovative development of modern business at the local and global level are identified, such as: staff and innovation culture, customer understanding, research and development, business processes and business model.
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Oliveira, Pedro Henrique de, and Ana Cláudia Fernandes Terence. "Innovation practices in small technology-based companies during incubation and post-incubation periods." Innovation & Management Review 15, no. 2 (April 16, 2018): 174–88. http://dx.doi.org/10.1108/inmr-02-2018-007.
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Purpose Innovation is a constant attribute in the management processes of technology-based companies (TBCs), mostly small and young, and plays a relevant role in their competitiveness and survival. However, the authors assumed that the characteristics of innovation practices differ between incubated and post-incubated companies, in such aspects as formality, type, posture and strategy. The purpose of this paper is to report the innovation practices identified in small TBCs in the incubation and post-incubation periods (graduate companies). Design/methodology/approach To achieve the purpose, the authors carried out a multiple case study with four TBCs, two incubated and two post-incubated (graduate); the study was qualitative and exploratory, and the authors collected data with their managers. Findings The results show that these companies have high levels of innovation, which is a determinant factor for their presence in the business market; they create technological innovations in products and services, mostly incremental, such as improvements in existing products or reduction of internal costs of manufacturing. In addition, the results also show important features of the innovations, such as the interaction with other incubated companies and with universities and research centers. Originality/value The authors conclude that there were changes in innovation practices, in the transition from incubated to graduate companies, such as the formalization of processes, a shift in focus toward the customer and an increase in resources and in projects’ relevance.
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Panjaitan, Roymon, Muhammad Hasan, and Resista Vilkana. "Sophisticated technology innovation capability: Entrepreneurial resilience on disaster -resilient MSMEs." Serbian Journal of Management 17, no. 2 (2022): 375–88. http://dx.doi.org/10.5937/sjm17-39294.
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The level of productivity should be increased and maintained to sustain the success of micro, small and medium enterprises (MSMEs). Furthermore, entrepreneurial resilience requires advanced technological innovation capabilities to avoid continual external disasters. Therefore, this research explores the connection between entrepreneurial resilience, disaster-resilient MSMEs, and new ideas on complex technical innovations to modulate entrepreneurship. Partial Least Squares are used to process 177 MSMEs respondents in Central Java, Indonesia and the findings successfully bridged the gap between entrepreneurial resilience and disaster-resistant MSMEs. The is mediated by sophisticated technology innovation capability. Furthermore, corporate owners and managers are concerned with the ongoing adaptation and creation of complicated technologies concerning sophisticated innovation capabilities. These findings indicate that entrepreneurial resilience contributes to sophisticated technological innovation capability. The findings also show that entrepreneurial resilience contributes to disaster-resilient MSMEs and demonstrate the importance of understanding how entrepreneurs survive during conditions of uncertainty. This theoretical conclusion gives rise to a new competitive resource advantage theory perspective in which sophisticated technology's inventive capacities might be strengthened when entrepreneurial resilience is stronger. The entrepreneurial resilience can improve when corporate organizations or MSMEs players have advanced technical resource capabilities.
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Hadi, Yaser. "SMEs in the UAE’s Creative Industries: Female Employees and Lax Marketing Efforts." International Journal of Business and Management 10, no. 11 (October 26, 2015): 122. http://dx.doi.org/10.5539/ijbm.v10n11p122.
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Small and medium-sized companies (SMEs) are often at the forefront of technological innovations, and the target of M&As for this reason. Most businesses are SMEs, as there are comparatively fewer large corporations. The marketing efforts at SMEs in creative industries differ from those of other firms, with efforts often involving customers in the process more frequently than in other types of businesses. In the United Arab Emirates (UAE), there is a thriving creative business community, especially in Dubai, the country’s largest city. A survey of three SMEs in creative industries in Dubai provides a glimpse of the business culture, struggles, and opportunities encountered by creative workers. These firms do not place much importance on marketing, which is surprising. This may be related to women’s’ low representation in these companies’ workforces, which are low even by UAE standards, though not as low as may commonly be believed.
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Litvinova, Anzhela, and Denis Paleev. "THE EVALUATION OF THE EXPEDIENCY’S DEVELOPMENT AND SUPPORT OF SMALL INNOVATIVE ENTREPRENEURSHIP IN RUSSIA." CBU International Conference Proceedings 6 (September 25, 2018): 309–13. http://dx.doi.org/10.12955/cbup.v6.1174.
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This article analyzes the situation of innovative approaches to building business processes and interaction between universities, the government, and representatives of the business environment. A methodology is proposed by the authors for calculating the feasibility of government support for small innovative enterprises (SIEs) as independent small business entities organized at higher educational institutions of the Russian Federation, the activities of which are aimed at research, development, implementation, and commercialization.The importance and role of small innovative entrepreneurship in the economy of the country and large cities is becoming the main world trend. Russia is trying to match its innovation strategy in small business, but the success is, unfortunately, still negligible. On the part of the government, millions of rubles are allocated to support small innovative entrepreneurship, as well as the construction of technology parks, the creation of business incubators, technological laboratories, and platforms being organized at universities in order to ensure the implementation of innovative projects. In accordance with the Federal Law of the Russian Federation No. 217-FL of August 2, 2009, universities were able to register small innovative enterprises on their territory as independent small businesses in the sphere of innovative development, whose activities are focused mainly on the commercialization of intellectual property objects and their active promotion in the market.Nevertheless, the implementation of new technologies and know-how is associated with greater risks of SIEs and needs a methodical approach to assess the appropriateness of providing government support to such enterprises. We are going to consider and calculate the indicator of the feasibility of government support for a small innovative enterprise in the amount of 50 million rubles for a period of five years for its development and will prove the increase in the efficiency of the enterprise and the possibilities for its development through the government support mechanisms for innovations.
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Filho, Cid Gonçalves, Mara Regina Veit, and Carlos Alberto Gonçalves. "MENSURAÇÃO DO PERFIL DO POTENCIAL EMPREENDEDOR E SEU IMPACTO NO DESEMPENHO DAS PEQUENAS EMPRESAS." Revista de Negócios 12, no. 3 (February 24, 2008): 29. http://dx.doi.org/10.7867/1980-4431.2007v12n3p29-44.
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The entrepreneurship issue has been widely broadcasted among both academic and business environment by means of publications, practical cases and examples from entrepreneurs who are well succeeded in their business career. Several articles, seminars and conferences have addressed the issue and also have inspired researchers and scholars to identify which characteristics compose the entrepreneur’s profile. Small companies are considered to be one of the main agents of development and economic growth of a country as they contribute in two different ways: they create more job opportunities and technological innovations. In Brazil, for example, small companies represent 98% of the total running companies and 59% of the total workforce. Hence, small companies have a central importance for the social system in a capitalist society. Considering this scenario, the present research aims to build an instrument to identify which are the main factors that compose the entrepreneur’s profile. In order to achieve that objective, 965 questionnaires were collected. According to the results of the research, the EPP- Entrepreneur Potential Profile is composed by eight factors: strategic competence, risk, innovation, formal planning, relationship, analytical thinking, dedication and challenge. Through Structural Equation Modeling, it was verified that EPP (Entrepreneur Potential Profile) could explain 25% of performance of a small business. This study contributes with the development of a scale to measure Entrepreneur Potential Profile, with the proposal of a Entrepreneur Potential Profile Index - EPPI (using structural weights), associated with a typology of EPPI levels (low to high Entrepreneur Potential), that can help entrepreneurs to understand their profile and compare it with the population. Also, this work suggests that Entrepreneurship Profile Potential is an antecedent of business performance, and should be considered in new studies that aim to improve performance of small business firms. Key words: Search Terms. Entrepreneurship. Small business. Performance
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Bleyen, Valérie-Anne, Sven Lindmark, Heritiana Ranaivoson, and Pieter Ballon. "A Typology of Media Innovations: Insights from an Exploratory Study." Journal of Media Innovations 1, no. 1 (February 28, 2014): 28–51. http://dx.doi.org/10.5617/jmi.v1i1.800.
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The concept and phenomenon of media innovation is gaining some attention in the academic community, policy circles and among practitioners. However, the phenomenon is still poorly defined and not well understood. This paper therefore first analyses how media innovation is framed in the literature on media economics and media management. Then it considers to what extent the standard analysis of innovation could be applied to the media field, considering, on the one hand, the traditional view on innovation policy and, on the other hand, some of the most common indicators of innovation. Based on this information, the paper suggests a novel conceptualisation of media innovation. Furthermore, an analysis of statistical indicators on R&D expenditure leads to three assumptions related to media innovation, namely (1) that the Media and Content Industries (MCIs) are much less innovative than the ICT industries, or/and (2) that R&D statistics do not properly capture the innovativeness of the MCIs, or/and (3) that the innovative activities in media and content are largely taking place elsewhere (for instance in the ICT sector). Whereas the statistical indicators point towards the second explanation, a small round of expert interviews in Flanders revealed that there is a case for assumptions (1) and (3) as well. First of all, it was shown that all forms of innovation defined in our typology exist in the media field, but not with the same importance. The most important ones from the media industries’ point of view seems to be the innovation related to the product, notably concerning the core (e.g. creation of new types of TV shows) and business model innovation. There is also technological innovation taking place in the media industries, for instance concerning new ways to access and interact with the content but this innovation comes from out the media sector (e.g. HD-TV, search engines) and at best the media industries try to adapt to this rapidly changing technological context.
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Barna, Marta, and Bohdan Semak. "MAIN TRENDS OF MARKETING INNOVATIONS DEVELOPMENT OF INTERNATIONAL TOUR OPERATING." Baltic Journal of Economic Studies 6, no. 5 (December 2, 2020): 33–41. http://dx.doi.org/10.30525/2256-0742/2020-6-5-33-41.
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The article examines the role of the tourism industry in the world economy, reveals the specifics of the innovation process in tourism. The classification of innovations in tourism according to the object of their application is given. The main directions of using innovative marketing technologies in the field of tourism services are considered: release of new types of tourism product, change in the organization of production and consumption, identification and use of new markets, as well as the use of new equipment and technology. Factors that accelerate the introduction of marketing innovations are studied. Based on the analysis of world experience, several models of regulation of innovative tour operating activities in the EU have been identified. The first direction of formation of the model of the innovations development in tourism is the activity of stimulating innovations in the public and private sectors of tourism with the aim of their transition to a qualitatively new model of touring (similar model is used in Greece, Italy and Portugal). The second direction is defined as the internationalization and opening of new markets (a similar model of stimulating innovative development is typical of Spain, Romania and partly Norway). The third one includes support for entrepreneurship in the field of tourism, stimulation of entrepreneurial initiatives, opening a new tourism business (A similar model of stimulating innovation in tourism is typical of many countries in Europe, Australia, New Zealand). The fourth direction is the promotion of the country, its tourism product, including educational and cultural ones (A similar model is typical of Bulgaria, Croatia, Spain, Turkey, Thailand). The role of introduction and active development of e-business and marketing technologies is defined, especially in modern conditions. The necessity of development of the newest directions of the Internet marketing in the field of tourism, including mobile, Internet branding and geomarketing, is proved. The role of innovative marketing technologies as one of the central elements of modern development of activity of tourist firms, the necessity of application of computer technologies and non-standard ways of giving of the information during carrying out modern technical maintenance, are justified. The first group of such technological solutions consists of management technologies, including property management system (PMS), aimed at optimization of basic technological operations. The modern hotels and chains are trying to present themselves not only in global distribution system (GDS), which has become a powerful advertising tool, but also in alternative distribution system (ADS), which is primarily needed by hotels focused on the business segment. Global distribution system (GDS) is also closely integrated into well-known booking systems such as Booking.com, HRS, Agoda, Travelocity, Expedia etc. The next group is for food and beverages inventory management technology (F&B). The group of marketing technologies includes search engine optimization measures (SEO and PPC), which allow to raise the hotel site in search engine rankings, E-mail Marketing as a means of maintaining constant communication with the client, marketing activities in social media (Social Media Optimization), creation of virtual hotels or illusions of visiting a hotel (Second Life and Virtual Hotels Conclusion), branding, etc. The last group of technologies are service ones, i.e. technologies for improving hotel products and services. Innovative technologies are developing in the direction of ensuring sustainable development (greening of hotel services and activities), inclusion in traditional technological operations of innovative components: electronic concierge terminals, access to hotel services via mobile devices, maximizing Internet access, etc. Based on the analysis of the activities of large tour operators, regional differences have been identified in Turkey, Greece, Croatia, Spain, Austria, Norway and France. It is proved that marketing innovations in tourism have a qualitative novelty, which affects the promising areas of tourism development, improvement of existing tourism products, improving the image and competitiveness of the tourism industry. Based on the study, it is generalized that the role of marketing innovations in international tourism has been growing every year, and it has become especially relevant in the conditions of the COVID-19 crisis. For travel companies, the effect of marketing innovation can be expressed in the qualitatively new changes in the tourism industry, improving the efficiency of tourism infrastructure, management of sustainable operation and development of tourism in the country and the formation, positioning and consumption of tourism services, improving the image and competitiveness of travel companies.
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Stack, Martin. "Local and Regional Breweries in America's Brewing Industry, 1865 to 1920." Business History Review 74, no. 3 (2000): 435–63. http://dx.doi.org/10.2307/3116434.
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Between the end of the Civil War and the enactment of national Prohibition in 1920, America's brewing industry grew to become one of the nation's leading manufacturing industries. During the first thirty years of this period, the industry's growth was propelled by the emergence of a small group of nationally oriented breweries. These firms pioneered a series of important technological, scientific, and organizational innovations, which allowed them to increase annual sales. Yet, after several decades of spectacular growth, they began to see their relative position in the industry decline. From the mid-1890s until Prohibition, hundreds of regional and local breweries reasserted themselves in the market for beer. These firms often were able to provide less expensive beer and to sell it in saloons that they owned or controlled. Together, these two factors enabled regional and local breweries to present a competitive challenge to national firms in the years leading up to Prohibition.
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Sokolska, Tetyana, Svitlana Polishchuk, and Olha Bilyk. "Formation of public management mechanisms for innovative development of the agriculture of Ukraine." Public administration aspects 8, no. 2 (July 8, 2020): 71–78. http://dx.doi.org/10.15421/152021.
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The research deals with studying the factors impeding formation and functioning the innovation and investment system in Ukraine including the following: lack of innovations funding sources; imperfection of infrastructure for innovations creation and implementation; lack of necessary information on market prospects of the existing ideas and knowledge as well as advisory support of the project running from the idea to the commercialization stage; lack of established communication between scientists and business representatives. In addition, the industry is not institutionally prepared for running these processes, there is no system ensuring the innovative interest of producers. It is justified that for innovation changes, management system modernization at all levels, the development of integrated decision-making system in order to gain a competitive advantages at both the level of products generated and the industry in general are necessary along with other important factors. Also, the efficiency of public management of innovation processes is justified.It has been proved that the main directions of formation of an effective mechanism for public management of innovative development of agriculture should be: development of the institutional environment of the innovation system; state support of innovative activity, improvement of the system of development and support of small and medium business; facilitating the implementation of a public-private partnership mechanism; creation of agrarian clusters; active educational activities aimed at engaging community residents to participate in the decision-making process for the development of their territories and to realize the need to solve problems on their own.It is suggested that regional agricultural universities, together with rural communities and other public organizations of technological platforms (with the support of the state), where Agrarian business and the state, UTC, can become potential customers of innovations are proposed. On the one hand, business, UTC and the state make a request to solve their problems, and on the other, scientists, students, inventors offer innovative solutions that are further scaled and become the basis for their own innovative business.
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Golovina, Svetlana G., Evgeniy V. Rudoy, and Lidiya N. Smirnova. "Agricultural cooperatives in Europe: importance for rural development, government support." Economy of agricultural and processing enterprises, no. 9 (2021): 37–44. http://dx.doi.org/10.31442/0235-2494-2021-0-9-37-44.
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The article presents the main research results on the peculiarities of the functioning of agricultural cooperatives and the practices of state regulation of their activities in the countries of the European Union. The high importance of agricultural cooperatives is justified, first of all, by their multifunctionality, and, consequently, by their contribution both to the development of the agricultural economy and to the stability of rural areas. The main trends in the development of agricultural cooperation in Europe are: (1) the enlargement of the cooperative business; (2) the development of vertical integration along the technological chain, (3) all kinds of organizational innovations to expand financial opportunities, (4) strengthening competitiveness through the growth of the scale of activities and all kinds of innovations, (5) socialization of cooperative activities in order to improve the living conditions of rural communities. The specificity of state support for European agricultural cooperatives lies in expanding the range of mechanisms and instruments used by the state, providing financial assistance mainly to small regional cooperatives (performing functions important for rural areas), taking into account the possibilities of cooperative activities under extraordinary conditions (such as the COVID-19 pandemic or emerging natural cataclysms).
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Karim, Shakir, and Ergun Gide. "Barriers to adopting E-commerce with small to midsized enterprises-SMEs in developed countries: An exploratory study in Australia." Global Journal of Information Technology: Emerging Technologies 8, no. 1 (May 15, 2018): 24–36. http://dx.doi.org/10.18844/gjit.v8i1.3438.
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AbstractThe paper aims to provide an insight about barriers affecting e‐commerce adoption with small to midsized enterprises (SMEs) in Australia. The objective of this research is also to consolidate the factors and determine the level of influence, either positively or negatively from the adopter’s perspective, on the adoption decision. This study also examines the factors influencing e-commerce adoption decisions in small and medium enterprises (SMEs) in Australia. Three groups of factors influencing adoption decisions are identified, including organisational, technology and environmental barriers influencing e‐commerce adoption and implementation in Australia. This paper mainly has used secondary research data and methods to provide a broad investigation of the barriers in Australia, how to overcome the hurdles in SMEs of Australia necessary for SMEs to help facilitate e-commerce adoption. The research is subject to academic journal articles, project reports, media articles, corporation based documents and other appropriate information. In future, questionnaire‐based survey and interview will be conducted with small to midsized businesses in Australia about e‐commerce adoption and implementation. The finding says that one of the most vivid implications of e-commerce for SMEs is the potential for external communication and information gathering for market and product research. However, the most common limitation of e-commerce in Australia is that e-commerce is mainly used for payment purposes only. The study has found that the historical relationship problems between Business Link and SMEs are still causing problems. Cost was not seen as an inhibitor to adopting e‐commerce. Some evidence is emerging that e‐commerce may be able to save failing or struggling businesses. Other unexpected outcomes are that e‐commerce had social benefits for SMEs’ owners in reducing working hours yet still increased sales. The findings also show that in Australia, organisations and manager’s characteristics, perceived benefits, organisational culture, organisational IT competence, technological competency, IT support, availability of financial support, management commitment/support, external pressure and cost of adoption are significant predictors of e-commerce acceptance in the SMEs and have significant relationships with e-commerce adoption in Australia
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Bukovska, Galina, Anda Mezgaile, and Andris Klepers. "THE PRESSURE OF TECHNOLOGICAL INNOVATIONS IN MEETING AND EVENT INDUSTRY UNDER THE COVID-19 INFLUENCE." ENVIRONMENT. TECHNOLOGIES. RESOURCES. Proceedings of the International Scientific and Practical Conference 2 (June 17, 2021): 44–50. http://dx.doi.org/10.17770/etr2021vol2.6623.
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The innovation in technologies is one of the principal external forces that has a direct influence on the competitiveness of the meeting and the event industry. Therefore, implementation and adaptation of the new technological solutions in it has continuously followed the innovations in technological industry itself. However, the COVID-19 pandemic with the following lockdowns has pushed the industry to search for new technological alternatives to innovate their way out of the crisis in a very short time period. This was the first time when all the events from small family celebrations and weddings up to the international conferences and product launch events, have had to be cancelled or postponed or could have happened only to a very limited extent and under strict regulations excluding any larger gatherings of people. The event providers were forced to find new solutions to continue their business and not to hibernate with the minimum downtime allowance granted by the state to the employees. Technologies supporting various types of online events became the ultimate digital tool that helped event planners to execute projects from the beginning to the end after March 2020. The purpose of the research is to explore these changes in the usage of the technologies in meetings and events organized in Latvia caused by COVID-19. The quantitative analysis of the structural on-line survey data provides insights on what extent technology adoption in meetings and events businesses has been before and during COVID-19 and what are the future prospects supplemented by the in-depth interview data and qualitative analysis. Authors are investigating what is the amount of virtual and hybrid events organized in Latvia before and after COVID-19, what platforms the organizers used for their virtual events, what is the level of satisfaction and what kind of challenges the event organizers faced in the process of adoption of new technologies. The results of this research not only state the current position within the framework of the industry, but also enriches discussion about the adoption of new technologies to innovate the way out of the crisis and could help in some degree to strengthen the productivity growth in a long term perspective.
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Zaušková, Anna, and Monika Rezníčková. "SoLoMo marketing as a global tool for enhancing awareness of eco-innovations in Slovak business environment." Equilibrium 15, no. 1 (March 31, 2020): 133–50. http://dx.doi.org/10.24136/eq.2020.007.
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Research background: Thanks to globalization, a number of new possibilities and available technological solutions have emerged, thus modernizing marketing communication activities and bringing a broad spectrum of business opportunities to the single European market which enterprises may use to their benefits. Changes are much more frequent than ever before. Therefore, it is important to search for innovative solutions which contribute to more effective fulfillment of goals, generate positive changes or increase value for customers and as a matter of fact, enhance innovative performance and business competitiveness.
Purpose of the article: The paper deals with the presentation of eco-innovations in the business environment using creative tools of online marketing communication. Eco-innovations are a phenomenon which is present across all business activities and processes including marketing communication. The authors study such marketing activities of businesses which are part of corporate social responsibility, generate business growth and finally help to improve the global environment. The authors also present the partial results of their own quantitative marketing research in order to describe the application of SoLoMo marketing tools in the presentation of eco-innovations in the Slovak business environment.
Methods: The authors prepared a standardized questionnaire on a sample of 300 Slovak businesses. To test the dependence or independence of the variables, a Chi-squared test and Fisher´s exact test were used.
Findings & Value added: Despite the generally growing trend of the use of mod-ern online marketing tools, the research showed that Slovak businesses do not inform sufficiently about their eco-innovation activities, do not address all prospective target groups and do not make enough effort to enhance environmental awareness of the wider public. The results of the research will serve as basic information for the following specific studies, the main aim of which is to spread awareness among consumers and to eventually provide them with practical recommendations. In addition, the given theoretical part of the paper represents a valuable summary of information about the modern SoLoMo marketing concept while providing a detailed overview of other relevant research studies in the given field. Therefore, the paper portrays an overview of opportunities for the implementation of digital tools of marketing communication in small, medium-sized and large enterprises.