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A study of digital transformation and MSMEs performance from a spatial perspective: Evidence from China

100%
Zheng B., Yuan Y., Li H., Jiang Y.
Journal of Economics and Management
|
2023
|
vol. 45
319-343
EN
Aim/purpose – Not only have micro, small, and medium enterprises (MSMEs) been regarded as a driving force of the national economy, but they have also become important in promoting innovation and entrepreneurship. In general, today’s MSMEs face problems, such as high business costs, insufficient innovation, and inadequate management capabilities, that have all forced the digital transformation of MSMEs. However, in existing studies, the impact of digital transformation on performance is controversial, and the subjects are generally listed companies. In this paper, we have decided to use micro business survey data and analyze them from a spatial perspective to explore how MSMEs’ digital transformation plays a role in influencing performance and the path of its effect. Design/methodology/approach – We use a sampling method with a dual directory-regional sampling frame to investigate MSMEs in Ningbo City, Zhejiang Province, China and then delve into the impact of digital transformation on enterprise performance from a spatial perspective by the spatial weighted logit model. Findings – Hierarchical analysis shows that there is a large room for improvement in the Digital transformation of enterprises. The digitalization level of an enterprise has a positive impact on performance. While from a spatial perspective, the digitalization level of neighboring enterprises has a negative impact on the performance of the enterprise. Path analysis shows that the digital transformation of enterprises can increase innovation, reduce costs, and improve the performance of enterprises. Originality/value – We provide an empirical basis for vigorously promoting the digital transformation of enterprises, jointly building digital parks, and improving enterprise performance by reducing costs and improving efficiency. At the same time, it provides relevant suggestions for digital transformation for manufacturing MSMEs that are hesitant to see or are at a loss in the digital transformation and helps manufacturing MSMEs to achieve cost reduction and increase efficiency.
2

Eco-design as a strategic way to competitiveness in global markets for furniture family-owned MSMEs

88%
Olkowicz M., Grzegorzewska E.
Journal of Intercultural Management
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2014
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vol. 6
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issue 4-1
203-214
EN
The furniture industry is a traditional Polish industry branch where the vast majority of firms are exactly MSMEs. Moreover the majority of them are family firms1. Their owners and managers with limited marketing budgets, more than large one, need a clear set of guidelines to compete in the global market. Environmental impacts for furniture are minor during use, and more associated with production and disposal. This paper demonstrates that using a method of eco-design and implementing ecoinnovation within the framework of a new product strategy can be successful, even though resources are limited. For the purpose of present the possible opportunities and barriers of eco-design implementation the literature study was conducted. According to the results growing concern about the environmental effects derived from furniture production and products use as well as on how they are disposed of at the end of their life cycle may in some degree determine the company market position. To compete successfully on global markets furniture family-owned MSMEs should take intent steps, and eco-trends indicate not only the most popular, but also desired by consumers direction.
3
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Leveraging Economy through MSMEs: Recent Trends and Challenges of Women’s Entrepreneurship in South India

63%
Nisha K., Khan A.
Journal of Entrepreneurship, Management and Innovation
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2016
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vol. 12
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issue 4
127-149
EN
The new millennium is seen as an epoch of entrepreneurship with entrepreneurs perceiving novel opportunities, organizing resources, undertaking risks to pursue their goals in establishing innovative ventures for scaling new horizons. Women entrepreneurs have the potency to confront numerous challenges, such as creating equity, equilibrium, ensuring sustainable and inclusive socio economic development in divergent economies, by seizing tremendous business opportunities in the contemporary commercial world. Kerala, the southern State of India, is experiencing an economic renovation through technological transformation and, in particular, through the growth of women oriented Micro, Small and Medium Enterprises (MSMEs). The study aims to; identify the growth trends of women’s entrepreneurship in the micro enterprises of Kerala; examine whether women’s entrepreneurial activities significantly vary across the form of women owned enterprises, type of organization and nature of activity; and also explore the prospects and challenges faced by women entrepreneurs through micro entrepreneurial activities. Research methodology involves the application of descriptive quantitative analysis on the secondary data primarily collected from the database of Directorate of Industries and District Industries Centre for a period of 7 years extending from 2007-08 to 2013-14. Findings reveal that MSMEs spawn better income distribution, by operating in heterogeneous areas of the economy with limited capital and creating more employment opportunities, thereby reducing poverty and inequalities. The trend analysis reflects an escalation in the number of enterprises, investments, profits and employment opportunities generated especially through micro enterprises of women. They play a crucial role in the economy in terms of creating self employment and generating employment opportunities for others. A paradigm shift is seen in the role of women’s entrepreneurship in terms of innovation, attitudes, leadership qualities, competitiveness, entrepreneurial skill and absorbing new entrants to the job market, empowering marginalized women.
4
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Unleashing The Growth Potential Of Indian MSME Sector

51%
Singh S., Paliwal M.
Comparative Economic Research. Central and Eastern Europe
|
2017
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vol. 20
|
issue 2
35-52
PL
Sektor MMSP zajmuje strategiczną pozycję w strukturze gospodarki indyjskiej. Sektor ten generuje prawie 8% PKB kraju, zatrudniając ponad 80 milionów ludzi w blisko 36 milionach przedsiębiorstw rozproszonych na terenie całego kraju, co stanowi 45 procent produkcji wytworzonej i 40 procent całkowitego eksportu tego kraju a także wytwarza ponad 8000 produktów o wysokiej wartości dodanej, od produktów tradycyjnych aż do produktów wysokich technologii. Ponadto przedsiębiorstwa te są inkubatorem innowacji i przedsiębiorczości, co będzie miało kluczowe znaczenie dla przyszłego wzrostu gospodarczego Indii. Powszechnie uznaje się również, że sektor ten może pomóc zrealizować cel postulowanej Krajowej Polityki Produkcji, polegający na zwiększeniu udziału produkcji w PKB do 25% i stworzeniu 100 mln miejsc pracy do końca 2022 roku, a także pobudzeniu wzrostu i zwiększeniu wartości gospodarki Indii z obecnych dwóch bilionów dolarów do 20 bilionów dolarów. Pomimo dużego entuzjazmu sektora i jego możliwości wzrostu, wciąż stoi przed nim wiele wyzwań. W tym świetle, niniejszy artykuł analizuje znaczenie indyjskich MMSP dla wzrostu gospodarczego Indii i bada różne problemy stojące przed tym sektorem. W artykule podjęto również próbę omówienia różnych narzędzi polityki stosowanych przez rząd w celu wzmocnienia indyjskich MMSP. Wreszcie, artykuł ten proponuje strategie mające na celu wzmocnienie sektora, co powinno umożliwić mu uwolnienie jego potencjału wzrostu i uczynić Indie gospodarką o wartości 20 bilionów dolarów.
EN
The MSME sector occupies a position of strategic significance in the Indian economic structure. This sector contributes nearly eight per cent to country’s GDP, employing over 80 million people in nearly 36 million widely-dispersed enterprises across the country; accounting for 45 per cent of manufactured output, 40 per cent of the country’s total export, and producing more than 8000 valueadded products ranging from traditional to high-tech. Furthermore, these enterprises are the nurseries for innovation and entrepreneurship, which will be key to the future growth of India. It is also an acknowledged fact that this sector can help realise the target of the proposed National Manufacturing Policy to enhance the share of manufacturing in GDP to 25 per cent and to create 100 million jobs by the end of 2022, as well as to foster growth and take India from its present two trillion dollar economy to a 20 trillion dollar economy. Despite the sector’s high enthusiasm and inherent capabilities to grow, its growth story still faces a number of challenges. In this light, the present paper examines the role of Indian MSMEs in India’s economic growth and explores various problems faced by the sector. The paper also attempts to discuss various policy measures undertaken by the Government to strengthen Indian MSMEs. Finally, the paper proposes strategies aimed at strengthening the sector to enable it to unleash its growth potential and help make India a 20 trillion dollar economy.
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