International Journal of Small and Medium Enterprises and Business Sustainability
Welcome to the International Journal of Small and Medium Enterprises and Business Sustainability published by the Publishing Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. As its primary objective, this double-blind review and online scientific journal is dedicated to publishing original and outstanding studies in English that increase knowledge and understanding of the development of small and medium-sized enterprises (SMEs), including entrepreneurship and family-owned businesses, and its factors or conditions that influence business sustainability, and, ultimately, shape this field of research. This journal focuses on theoretical, empirical, policy and practical issues in the field of SMEs, especially in developing countries. The articles published in this Journal are important for academics, policy makers, practitioners and analysts in governments and organizations, who seek to understand the processes and outcomes of SMEs, especially with regard to their growth, constraints and sustainability. Published articles may include theoretical articles, qualitative and quantitative empirical works, and/or case studies. Considering that the aim of the Journal is to push the boundaries of current thinking regarding SME development, case studies to be published in the Journal must have a theoretical perspective. Theoretical contributions can be linked to cases that challenge existing theories or shed better light on them. Articles to be published in the Journal focuses primarily on the following topics: Small and medium enterprises (SMEs) Entrepreneurship Family-owned businesses Government policy on SME and entrepreneurship The role of cooperatives and non-government organizations (NGOs) in supporting SMEs Epistemology, general theory development, and methods of research in entrepreneurship, SMEs, and family-owned businesses Impacts of macroeconomic policies, including subsidies policy, trade policy, and investment policy, on SMEs Impacts of market structure and market competition on SMEs Financing: microfinance, informal sources of finance, bank and other non-bank financial institutions Main factors which affect business sustainability Other issues related to SMEs in particular and business in general
Articles
162 Documents
<![CDATA[Taxation of Farming Enterprises in Poland and the European Union - a Comparative Analysis ]]>
<![CDATA[Elżbieta Klamut]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 3 (2016): March ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i3.20490
<![CDATA[Every state has the right to constitute its own burdens on economic activity. After Polish accession to the European Union the part of tax burden is being customized to the requirements of a community. Farm tax which is applied in taxation of Polish agriculture is an anachronism. How far does taxation in Poland diverge from the solutions in other EU countries? Will introduction of income tax in Polish agriculture impoverish the state budget or the opposite? These are just a few issues contained in this study.]]>
<![CDATA[Human Capital and Productivity in the Sinaloa Commercial Family Businesses ]]>
<![CDATA[Fabiola Ponce Durán]]>;
<![CDATA[Marcel Rebeca Contreras Loera]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 3 (2016): March ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i3.20491
<![CDATA[Commercial family businesses are part of an open system that establish an ongoing relationship between the structure of the organization, objectives, people, environment and resources, adapting to changing needs which is required in the competitive environment. The paper shows results of the study that seeks to identify human factors that affect the level of productivity of family businesses in Sinaloa. It proposed a model that reflects relationships between these factors and productivity. Data collection was carried out with 209 respondents, and analyzed with a special constructed structural equation model. The results show that in a model of human factors that affect the level of productivity, behavior involves psychological and psychosocial processes that influence the performance of individuals and groups, increasing or decreasing the level of productivity of individuals, group of individuals and own organization. Three levels of analysis have been adopted that reflect the continuous interaction and mutual influence between each dimension. Based on the structural equation model, the paper concludes that among the three factors, individual factors have the highest correlation.]]>
<![CDATA[Sustainable Waste Management and Social Capitals: The Experience from Landfill Community in Converting of Waste into Alternative Energy, in Kendari South East Sulawesi1 ]]>
<![CDATA[Patta Hindi Asis]]>;
<![CDATA[Ririn Syariani]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 3 (2016): March ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i3.20492
<![CDATA[Management of waste into alternative energy that blends environmental capital and social capital has conducted by Independent Community Energy Landfill (TPA) Puwatu District Kendari South East Sulawesi. In this community, waste can be managed properly because the cooperation between by local Government and community and mutual trust among the members.The qualitative methods through case study approach this study is done that explore the data with study of literature/libraries, in-depth interviews, and focus group discussion (FGD) in TPA as partners in waste management activities into energy alternative.The result shows that waste management into alternative energy has run well because of the structure is supported by good relation between government as facilitator and the members of community. Social capitals such as personal interaction, trust and powerful networking in this community make the program of waste management sustainable that producing methane brings benefit to community as expected, and has become a pilot project.As recommendation, it is important to maintain the sustainability of waste management. Since the program leads to also maintaining social capitals of community; increasing skill of life, increasing leadership capability, finance skill and networking. Therefore the establishment of independent energy can be reached and continued as the way of people empowerment. Here the government should support by making regulation which assure its sustainability without influenced by leaders changing.]]>
<![CDATA[Resilience of Firms to Economic and Climate Shocks Initial Insights from Philippine SMEs ]]>
<![CDATA[Jamil Paolo Fransisco]]>;
<![CDATA[Ailyn Lau]]>;
<![CDATA[Ronald U. Mendoza]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 3 (2016): March ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i3.20493
<![CDATA[Households and businesses need to cope and thrive in an increasingly shock-prone world. Development and poverty reduction strategies need to take careful account of efforts to promote not just more resilient households and communities; but also more resilient firms on which many jobs and livelihoods depend on. Public sector and donor support for disaster- and crisis-hit communities is critical; but it is only when firms get back up that the community is able to recover fully. Once firms are able to start operating again, then workers are able to return to their jobs and the domestic economy is able to return to normal. Stronger resilience over time is also expected to reflect more robust economic competitiveness and yield more robust investments. The goal of this study is to assess the resilience of the Philippines’ small and medium scale enterprises (SMEs) during economic and environmental shocks. The main focus here is on firms’ resilience during the global financial crisis and economic slowdown in 2008-2010 and the major floods that hit the country in 2009 and 2011. These climate-related shocks affected cities such as Marikina, Iligan, and Cagayan de Oro. SMEs in these cities will be the main focus of this study.]]>
<![CDATA[Impacts of Energy Price Subsidy Reform on MSMEs and Their Adjustment Strategies: a Story from Indonesia ]]>
<![CDATA[Tulus T.H. Tambunan]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 3 (2016): March ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i3.20494
<![CDATA[This is an exploratory study at the micro level which tried to explore the impacts of energy price increases on micro, small and medium enterprises (MSMEs) in Indonesia. More specifically, it aimed to answer the following research question: what was the impact of energy price increases occurred before on MSMEs, and which measures they have taken to cope with the impact? For that purpose, it has adopted a qualitative approach with three methods of analysis: i) desk study; (ii) a series of surveys of a total of 193 respondents (owners/managers of MSMEs) in various cities in Java and West Sumatera, and (iii) focus group discussions (FGDs). Findings of the study suggest that the overall impacts of energy price increases on MSMEs depend on their current capacity to mitigate the impact. However, the type of mitigation varies across MSMEs, depending various factor, including the current availability of financial resources and current market condition which determines to what extent the MSMEs can increase their selling prices or reduce the size of their made goods without losing their customers or market shares.]]>
<![CDATA[Environmental Vulnerabilities and Impact of EMS: Study of Indian Pharmaceutical Small and Medium Scale Industries ]]>
<![CDATA[Bhasi A. Balakrishnan]]>;
<![CDATA[Anjula Gurtoo]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 4 (2016): July ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i4.20496
<![CDATA[This paper evaluates the vulnerabilities faced by the small and medium scale enterprises (SMEs) in compliance to environmental regulations and explores the impact of environmental management systems on the firm’s compliance response. Based on a survey of 71 pharmaceutical firms from across India, two types of management systems are investigated, namely, ISO certification and establishment of a separate department. Analytical Hierarchy Process and test of significance analysis highlights that contrary to the conventional understanding that SMEs lack the wherewithal to comply with environmental standards, at least one third of the firms have taken pro-active steps to deal with compliance issues. External factors like unstable and non-aligned international standards create the main environmental management vulnerabilities. The firms with a formal environmental management system are seen to cope better, with more focus on meeting international standards and applying proactive strategies. Firms without a formal environmental management system continue to grapple with production issues. These and other results are discussed through the regulatory perspective.]]>
<![CDATA[The Competitiveness and Sustainability of Micro, Small, and Medium Enterprises in West Nusa Tenggara Province, Indonesia (Revisited) ]]>
<![CDATA[Lalu Hamdani Husnan]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 4 (2016): July ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i4.20497
<![CDATA[This paper is based on a study which aimed to examine the capabilities of micro, small and medium enterprises (MSMEs) and how they can play more important role in the Province of West Nusa Tenggara. To fulfill this aim, a review of applicable theories was conducted. Also some interviews were carried out with a number of managers/owners of MSMEs related to their capabilities and government programs and policies in the Province. This study found that competitiveness and sustainability of MSMEs in the West Nusa Tenggara Province depend strongly on their, especially economic, technological, organizational, and management and leadership capabilities. The strategy that has to be developed and undertaken by local government together with industry, and further research in this area are also discussed in this paper]]>
<![CDATA[Entrepreneurship and SME Development: Policy Considerations for Cambodia ]]>
<![CDATA[Lee Keng Ng]]>;
<![CDATA[Balbir Bhasin]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 4 (2016): July ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i4.20498
<![CDATA[As with most newly emerging economies, Cambodia needs to develop its small and medium sized enterprises (SMEs), which is the key engine for growth for all Southeast Asian developing countries. Though blessed with numerous natural resources, it is one of the poorest countries in Asia and its long-term economic development remains a daunting challenge. It is plagued by imminent poverty as a result of lack of opportunities to develop the human capabilities of the people to the fullest. Thus, the sense of entrenched stagnation in the wellbeing of the people is reflected in the extremely poor performance in the human development index (HDI). This paper evaluates the strategy and policy that needs to be in place for the country to succeed in private sector development with particular emphasis on creating the environment for stimulating economic activity particularly towards privatization and development of SMEs in order to be fully integrated into the ASEAN Economic Community (AEC).]]>
<![CDATA[A Comparative Study on Development of MSMEs and Policies in Indonesia and Malaysia ]]>
<![CDATA[Nurulhasanah Abdul Rahman]]>;
<![CDATA[Zulnaidi Yaacob]]>;
<![CDATA[Ida Busneti]]>;
<![CDATA[Tulus Tambunan]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 4 (2016): July ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i4.20499
<![CDATA[Based on secondary data and existing literature, this paper discusses current development of micro, small and medium enterprises (MSMEs) and their main constraints in two key member states of ASEAN, Malaysia and Indonesia. The selection of these two countries is based on two main considerations. First, Malaysia and Indonesia (together with Singapore and Thailand) have been the key engines of economic growth in ASEAN. Second, given their huge number, MSMEs in these two states are expected to play a key role in the development of ASEAN MSMEs as well as in contributing to economic growth of the region. The paper also discusses MSMEs development policies in these two countries.]]>
<![CDATA[Institutional Development of Family-owned Businesses in Japan: A European Perspective ]]>
<![CDATA[Jan K.Solarz]]>
<![CDATA[ International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 4 (2016): July ]]>
Publisher : <![CDATA[Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti ]]>
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DOI: 10.25105/ijsmebs.v1i4.20500
<![CDATA[From the European perspective the institutional development of family-owned businesses in Japan has come full circle. Beginning in the XVII century with a strong separation of aristocrats, samurais, traders, peasants families, and through to the creation of the zaibatsu and keiretsu to the rise of Japan Inc.- there has been one successful and equal family. Now Japanese families are again separated and unequal in their everyday life. In this context it should be expected to witness a rise of, more innovative and entrepreneurial, family-owned businesses. Both Japan and Europe are family-oriented societies and economies. Demographic changes create challenges to family-owned businesses in Japan as well as in Europe. What we can learn from the institutional development of family-owned businesses in Japan? Answers to this question are especially valid in Poland, which is as nationally homogeneous as is Japan. Both Poland and Japan are also bank-oriented financial systems. Are these financial systems friendly to a familyowned business? In Europe creation the of capital markets are seen as an institutional innovation that is friendly to a family-owned business. In Japan both historical legacy and the social structure limit the development of capital markets. The institutional and comparative perspective on family-owned businesses in Japan contributes towards the discussion of the phenomena of entrepreneurship and development.]]>
