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International Journal of Small and Medium Enterprises and Business Sustainability
Published by Universitas Trisakti
ISSN : 24429368     EISSN : 30642655     DOI : https://doi.org/10.25105/ijsmebs
Core Subject : Economy,
Economics, Econometrics & Finance
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
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 162 Documents
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COUNTRY FOCUS Development of SMEs in India Sampa Banerjee
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 1 No. 4 (2016): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v1i4.20501

Abstract

Micro, small and medium enterprises (MSMEs) are at the centre stage of socio –economic development of emerging economies across the world and India is no exception. Rather it is MSME sector that is enabling the country to emerge as one of the leading economies in the world.Indian MSME Sector has approximately 45 million units that produce more than 6,000 products ranging from traditional to high-tech items including 67 per cent from manufacturing goods, 17 per cent from services and 16 per cent from repairs and maintenance. The sector is driving sustainable growth in Indian economy by providing employment to around 101 million people, accounts for 45 per cent of the manufacturing output, 40 per cent of the country's exports and contributes between 8 per cent and 9 per cent to the country's gross domestic product (GDP). MSME in India has the potential to increase the share of contribution to GDP from the current 8 per cent to about 15 per cent by the year 2020.Not only large industries, ancillary units and microenterprises are also contributing enormously to the socio-economic development of the country including Khadi and Village Industries (KVI) and Coir Industry or agro-based traditional industries.Khadi and Village Industries (KVI) are considered to be national heritages of India that is creating employment opportunities to large segment of rural people at a very low per capita investment while fulfilling the basic needs of processed goods of the vast rural sector of the country.Coir Industry or agro-based industry on the other hand is potentially creating economic development in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Odisha, West Bengal, Maharashtra, Assam, Tripura, etc and are driving export, technological interventions and diversified products to not only India but also globally.MSME sector in India is governed by Micro, Small and Medium Enterprises Development (MSMED) Act that was declared in 2006 by Ministry of MSME, government of India. The Act defines the MSMEs into three categories of micro, small and medium enterprises based on the number of employees and capital investment, facilitate the development of MSMEs in India, address their policy issues and enhance their competitiveness.The ministry along with states promotes entrepreneurship, employment and livelihood opportunities and enhance the competitiveness of MSMEs through various schemes/programmes, provide adequate flow of credit, support technology up gradation, provide infrastructural facilities, facilitate quality certifications, provide training for skill development, support innovation, support labor welfare, provide asses to domestic and export markets , cluster development etc.
Analysis of the Effects of Post-2008 Anti-crisis Mild Monetary Policy of the Federal Reserve Bank and the European Central Bank Dariusz Prokopowicz
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 1 (2020): March
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i1.20503

Abstract

Since the emergence of the global financial crisis, a decade of time has passed, which allowed for a number of analyzes aimed at assessing government intervention programs of anti-crisis activities to rescue key economic entities from financial bankruptcy and to stimulate demand, investment and production as well as liquidity in the credit market . Currently, taking into account successful intervention in this area in the American economy, the result of these assessments is easy to predict. As part of the pro-development activities of the state intervention, the Federal Reserve Bank applied a low monetary policy of low interest rates and a program for activating lending and maintaining liquidity in the financial system by financing the purchase of the most endangered assets from commercial banks. A few years later, the European Central Bank applied the same activities of activation monetary policy. Currently, among economists prevails the view that if it were not for the application of rapid state intervention referring to the Keynesian formula from 1930s, the scale of the economic slowdown in the world and individual countries would be much greater.
Financing Practices and Preference of Small and Medium Construction Firms in Ghana Alex Kojo Eyiah; Francis Kwesi Bondinuba
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 1 (2020): March
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i1.20504

Abstract

This study is based on the premise that a better understanding of the sources of financing, the financing practices and preference of small and medium scale construction firms (SMCFs) will help promote the growth and competitiveness of small and medium enterprises (SMEs). Survey methods were adopted, with 400 questionnaires administered to SMCFs, and 48 per cent response rate was obtained. The findings show that most SMCFs raised finance for the purchase of construction materials, payment of wages and purchase of plant and equipment. The three most important source of finance were in the order of overdraft facilities, credits from materials suppliers and relatives and friends. However, the three most preferred sources of finance, if readily available, were in the order banks loans, plant hiring organizations support and mobilization payments from client. The study makes a specific contribution in the context of effort finding solutions to address the financing challenges of SMCFs in Ghana. This would be of significant value to researchers, entrepreneurs in the construction sector, policy makers and donors interested in the SME sector development.
The Government Policy of Jepara Regency in Traditional Market and Modern Store Arrangements Muhammad Zainudin
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 1 (2020): March
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i1.20505

Abstract

Modern stores have experienced very rapid development, this needs to be done supervision, regulation, and guidance on the development of modern stores and traditional markets in the hope that it can run in harmony, so as to protect the traditional market from the rush of modern stores Jepara Regency Government issued a policy with Regional Regulation No. 3 Year 2010 concerning the Arrangement of Traditional Markets, Shopping Centers, and Modern Stores, which currently has undergone changes namely Regional Regulation Number 14 of 2017 Concerning the Management of People's Markets and Supermarkets. The discussion in this study covers the Regional Government Policy of Jepara Regency in structuring traditional markets and modern stores, besides that, this study also analyzes the implementation of the policies issued by the Government of Jepara Regency. The method of approach used is sociological juridical, with the specification of the research used is analytical descriptive of the policies of the Regional Government of Jepara Regency and the implementation of the policy based on the Regional Regulation of the District of Jepara Number 14 Year 2017 Concerning the Arrangement of People's Markets and Supermarkets
Trademark as a Measure of Innovation Performance in Kenya Edmund Mallinguh; Zeman Zoltan
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 1 (2020): March
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i1.20506

Abstract

The article examines the determinants of innovation output proxied by trademark application, which is a form of intellectual property rights. The study employed data from the World bank on world development indicators for the period 1978-2017 inclusive of both years focusing on Kenya. The authors used a stepwise regression technique for data analysis. The findings suggest that youth unemployment (female) has an inverse relation while foreign direct investment and availability of domestic credit to the private sector from the financial industry have a direct relationship with innovation activities. However, the proportion of female to male workers (gender diversity) does not affect the number of trademark applications. The findings contribute to the existing literature on innovation performance as well as being useful to policymakers tasked with the regulation of entrepreneurial and innovative processes.
The Effect of Consumption Value on New Products Adoption: An Evidence of Smart Phones in Ho Chi Minh City Market, Viet Nam Du Thi Chung
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 1 (2020): March
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i1.20507

Abstract

The purpose of this study is to investigate the role of consumption value in the purchase intention of new smart phones in emerging market as Viet Nam. This study draws on the calls that manufacturers should pay more attention to enhance consumer perceived value, hence increasing new product adoption rate. Regression analyses were employed to test the model and research hypotheses, using a data set of convenience samples surveyed from 430 smart phone users in Ho Chi Minh city, Viet Nam. The empirical findings indicate three consumption values that have positive impacts on the intention to purchase new smart phones, including functional value, social value and cognitive value. The research results are discussed and some implications for smart phone manufacturers and policy makers are proposed.
COUNTRY FOCUS Micro, Small and Medium Enterprises in Indonesia Tulus T.H. Tambunan
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 1 (2020): March
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i1.20508

Abstract

Definition and CharacteristicsIn Indonesia, the classification of enterprises is set in the Law No. 20, 2008. The criteria used are net asset value excluding land and building of business premises, and annual revenues (Table 1). Alternatively, the Indonesian Agency of Statistics (BPS) adopts the number of workers as the criteria: microenterprise (MIE): 0-4 persons; small enterprise (SE): 5-19 persons; medium enterprise (ME): 20-99 persons; and large enterprise (LE): > 99 persons.
Knowledge Sharing Behavior of Accountants: The Case of Accounting Service Firms in Hanoi Thi Quynh Anh Doan; Thi Hanh Duyen Nguyen; Duc Tai Do
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 2 (2020): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i2.20510

Abstract

The main objective of this study was to identify, evaluate, and to measure the attributes of knowledge sharing behavior of accountants in the accounting service firms in Hanoi. The study was based on a field survey using a semi-structured questionnaire on a sample of 150 accountants. But, only 120 filled questionnaires were satisfactory and therefore included in the analysis. By using several statistical analytical tools, i.e. descriptive statistics, Cronbach’s Alpha analysis, Independent T-test and ANOVA, the study has identified and measured seven (7) attributes of knowledge sharing behavior that have great effects on employees (or in this case study, accountants). Based on the findings, some recommendations are given for accountants and accounting service firms to improve the knowledge sharing behavior of accountants.
Daunting Problems of Micro, Small, and Medium Enterprises (MSMEs) in India: An Entrepreneurial Perception Kishore Somalaraju; Himachalam Dasaraju
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 2 (2020): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i2.20511

Abstract

This paper purports to review the importance, progress, and major issues being faced by micro, small, and medium enterprises (MSMEs) and the perception of entrepreneurs based on empirical study. It has been recognized as an engine of economic growth and lifeline of the Indian economy owing to its inherent features of potential for huge employment generation, lower investment, low cost of capital, economic stimulation, empowerment and wellbeing of rural people. The Government has taken several measures to promote MSMEs by starting various flagship programs and initiatives. Besides the promotional measures of the Government, the MSMEs sector is not free from problems due to various reasons. Hence, it calls for an empirical study to probe into various problems being confronted by the entrepreneurs and their perception. The study adopted an empirical survey method with 296 sample entrepreneurs. The primary data are used mainly for analyzing the problems in different aspects namely financial, operational, infrastructural, labour, marketing, and raw material problems and the perceptions of sample entrepreneurs in Chittoor District of Andhra Pradesh. The study observed that apart from the usual problems as mentioned earlier, this sector is suffering from the inability to adopt new technology, global competitiveness, and access to global markets, which are dire need of the day to be addressed. The present global Covid-19 pandemic lockdown for more than 2 months has disrupted the functioning of MSMEs very badly and it requires robust policy measure to bring back into normalcy
Socio-Cultural Implications of China’s Belt Road Initiative into Pakistan Lee Keng Ng; Balbir Bhasin; Ahmad Rahal; Jim Beard
International Journal of Small and Medium Enterprises and Business Sustainability Vol. 5 No. 2 (2020): July
Publisher : Lembaga Penerbit Fakultas Ekonomi dan Bisnis Universitas Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25105/ijsmebs.v5i2.20512

Abstract

China has embarked on its massive infrastructure development projects across and through its western neighbors, including the China-Pakistan Economic Corridor. This grants China quick access to the Arabian Sea and alleviates its strategic security concerns regarding its vulnerability to the “Malacca dilemma.” This also improves Pakistan’s economic aspects of job creation, infrastructure development, and technology transfer. The differences between the economic prospects and the societal values of the two nations are bound to raise tensions and conflicts. China is a secular country with a culture of homogeneity, aggressiveness, task-orientation, discipline, perseverance, intolerance of others, risk-taking, long term orientation, competition and superiority. Pakistan on the other hand, is deeply rooted in the Islamic religion, lackadaisical, less-disciplined, less focused, passive, short-term oriented and easygoing. This paper evaluates the implications and pitfalls for both countries to avoid for mutual benefits

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