• Title/Summary/Keyword: Small Medium Enterprises

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The Influence of Relationship-specificity of Invested Assets on Electronic Collaboration and Firm's Performance in Small and Medium Enterprises (기업간 관계자산 특유성이 전자적 협력과 성과에 미치는 영향)

  • Choi, Su-Jeong;Ko, Il-Sang
    • Asia pacific journal of information systems
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    • v.16 no.4
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    • pp.121-149
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    • 2006
  • This study tries to explain how the relationship-specificity of invested assets affects E-collaboration and consequently on performance of Small and Medium Enterprises (SMEs). We classify the relationship-specificity of invested assets into four types such as business process specificity, physical asset specificity, domain knowledge specificity, and site specificity. We define E-collaboration as composed of Electronic Information Sharing (EIS) and Electronic Cooperation (E-Co). In addition, we articulate firm's performance as operational and strategic one, and investigate the impacts of EIS and E-Co on its performance. The data were collected from 187 SMEs and used for analysis. Based on the survey results, we find the following: (1) EIS is directly influenced by business process specificity and physical asset specificity, (2) E-Co is affected by site specificity and domain knowledge specificity, (3) EIS has a positive and significant impact on E-Co, (4) EIS affects firm's operational performance, (5) E-Co influences on firm's strategic performance. In conclusions, the higher the level of EIS, SMEs seem to get greater operational performance, Respectively, the higher the level of E-Co, they tend to get greater strategic performance.

Connection of PDM System and Web-Based CAE Supporting System for Small and Medium Enterprises (중소기업을 위한 제품정보관리 시스템과 웹기반 CAE 지원 시스템의 연동)

  • Bang, Je-Sung;Lee, Jai-Kyung;Han, Seung-Ho;Park, Seong-Whan;Lee, Tae-Hee
    • Korean Journal of Computational Design and Engineering
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    • v.13 no.6
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    • pp.459-468
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    • 2008
  • A web-based Computer-Aided Engineering (CAE) supporting system is connected with a Product Data Management (PDM) system for Small and Medium Enterprises (SMEs) suffering from the lack of building hardware, software and related experts. An analysis of current business models and worksite requirements provides an improved process model and data to be shared between the PDM system and the CAE supporting system. Since all engineering tasks such as geometric modeling, mesh generation, static stress and modal analysis, and fatigue durability analysis are automated in the CAE supporting system, the user in charge of the CAE have only to configure the concerned values of design variables and result data through the web page. The existing Change Management module of the PDM system is modified for seamless data exchange, i.e. sending the Engineering Change Order (ECO) data to the CAE supporting system and receiving the CAE result data bark. The hi-directional data transfers between the PDM system and the CAE supporting system is made possible by adaptors bused on the Simple Object Access Protocol (SOAP). The current approach will be very helpful for SMEs that only have the PDM system and have no adequate infrastructure for CAE.

The Effect on CEO Entrepreneurial Orientation on the Innovation and Business Performance in Small and Medium-Sized Venture-Enterprises (중소벤처기업 최고경영자의 기업가지향성이 혁신성과 및 경영성과에 미치는 영향)

  • Lim, Jung-Jin;Shim, Duk-Sup;Kim, Hyung-Jin
    • Asia-Pacific Journal of Business
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    • v.7 no.2
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    • pp.77-92
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    • 2016
  • The purpose of this study is to examine the effect of CEO's entrepreneurial orientation on innovation performance and business performance, and the mediating effect of innovation performance on the relationship between entrepreneurial orientation and business performance in small and medium-sized venture-enterprises (SMEs). To test the hypothesized relationships, we have conducted a survey of Korean SMEs. After excluding unanswered and untrustful item questionnaires, the final sample size for this study is 110 SMEs. The major findings of the empirical research are as follows. First, CEO's entrepreneurial orientation had apositive influence on innovation performance of a firm. Second, CEO's entrepreneurial orientation was positively related to business performance of a firm. Third, innovation performance had the partial mediating effect on the relationship between CEO's entrepreneurial orientation and business performance of a firm. That is, this result indicates that CEO's entrepreneurial orientation indirectly effects on business performance through innovation performance. Based on these findings, implications of the research findings are discussed, and recommendation for future research are provided.

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A Study on the Improvement Direction for Timely Technical Guidance Project (적시기술지도 시범사업의 개선방안에 관한 연구)

  • Ko, Won-Kyoung;Park, Jong Yil;Yi, Young-Seop
    • Journal of the Korea Safety Management & Science
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    • v.16 no.3
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    • pp.443-450
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    • 2014
  • The industrial accident rate has been steadily decreased by making all efforts for the prevention of accidents after enacting Occupational Health and Safety Act in 1981. However, ordinary typed industrial accidents still occur in small and medium sized enterprises(SME). Timely Technical Guidance(TTG) project of Korea Occupational Safety & Heath Agency(KOSHA) for SME's was initiated to visit and provide the analysis and control of industrial accidents by the staffs of KOSHA as soon as possible after accidents occurred. This study is conducted to analyze the questionnaire survey for employers, workers and TTG personnel of KOSHA with being evaluated positively whether the demonstration project of TTG has been executed consistently. However, it is suggested that the understanding of TTG project and legal support are necessary for the establishments, and the development of a variety data and lots of available contents is necessary to increase satisfaction of the TTG project. The accident rate of SME's which are employed less than 50 workers is expected to be largely decreased with applying the control and improvement over this study with maintaining and developing TTG technology.

Determinants of Voluntary Audit of Small and Medium Sized Enterprises: Evidence from Vietnam

  • HA, Hanh Hong;NGUYEN, Anh Huu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.41-50
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    • 2020
  • The paper investigates the factors that affect the demand for a voluntary audit of small and medium-sized enterprises (SMEs) in Vietnam. A structured questionnaire survey of 284 SMEs was employed, preceded by in-depth interviews with auditors and SMEs' managers. The research used logistic regression estimator to address econometric issues and to improve the accuracy of the regression coefficients. The results show that the degree of director's view on voluntary audit, related stakeholder, degree of recommendation, and firm size have a statistically significant positive effect on audit decisions of SMEs while degree of audit fee has a statistically significant negative effect, and degree of subjective norm does not affect. This indicated that SMEs are more likely to have an external audit if they have some typical features: it is becoming larger in terms of size, and the directors consider that the audit has a relative benefit outweighing its cost. The research results suggested that Vietnam Government should make a statutory audit of SMEs' financial statements rather than make it an option for SMEs. The auditing firms were also recommended to actively take their audit services to SMEs rather than waiting for the SMEs' managers to contact them for their services.

Factors Affecting Tax Compliance among Small- and Medium-sized Enterprises: Evidence from Vietnam

  • LE, Hoang Thi Hong;TUYET, Vuong Thi Bach;HANH, Chu Thi Bich;DO, Quang Hung
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.209-217
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    • 2020
  • Taxes are levied in almost every country, primarily to raise revenue for government expenditures. This study explores factors influencing tax compliance of small- and medium-sized enterprises (SMEs) in Vietnam. Data from 376 SMEs, who are business taxpayers, were collected through a researcher-administered questionnaire survey method. The results indicate that six groups of factors have significant impacts on tax compliance among Vietnamese SMEs. These groups include: Business characteristics (BC), Characteristics of accounting practices within organization (AP), Awareness of tax obligations (TO), Tax policy (TP), View on tax compliance (TC), and Probability of tax examination on taxpayer compliance (TE). Multivariate analysis was adopted; Cronbach's alpha coefficients were calculated, then, Exploratory Factor Analysis (EFA) was used. The findings show that, among these six factors, the most influential is Characteristics of accounting practices (AP). Thus, it is recommended that tax agencies should help SMEs improve their accounting skills and increase their knowledge by organizing training workshops and short courses on taxation. SMEs also need to have an adequate accounting system in accordance with principles and standards prescribed by the Tax Law. It is expected that this study can provide important insights and understandings to policy-makers, practitioners, academicians and other regulatory authorities in tax policy formulations.

A case study on revitalization scheme for hybrid business association (중소기업 이업종교류회의 효율적 운영 방안)

  • Park, Roh-Gook;Ahn, Kwan-Young
    • Journal of Korea Society of Industrial Information Systems
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    • v.11 no.5
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    • pp.216-224
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    • 2006
  • Ten years have passed since the establishment of KOSHBA(Korea Small and medium enterprises Hybrid Business Association). KOSHBA is composed of over 400 regional groups; over 6,000 enterprises are participating in the association. To become a dynamic and vital association, it is necessary to share, learn, and discuss their managerial problems based on mutual trust and respect at the regular monthly meeting.

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수도권지역산업의 경쟁력우위 분석

  • 정희수
    • Journal of the Korean Regional Science Association
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    • v.11 no.1
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    • pp.1-20
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    • 1995
  • This paper studies the comparative advantage of competitive and specialized regional industries which are manufacturing, wholesale and retail trade, servies in the metropolitan area-Seoul, Inchun, Kyunggi-do of Korea, For the analysis of industries, the coefficient of specialization, the indices of competitiveness of labor and value-added, the growth rate are simultaneously examined under the criteria of the number of workers, value of shipment, value-added, This comperative synthetic analysis is different from the traditional approaches. This paper shows that the perfectly competitive advantage of specialized industries satisfying all of three criteria are 'other business related activities', 'recreational, cultural and sporting activities' in Seoul, 'machinery and outfits, n.e.c', 'retail trade, except of motor vehicles and motorcycles, repair of personal and household goods' in Inchun. We conclude that each should strategically develop the region-oriented specialized industry which has the comparative advantage. It is the reason why the concentration of industry in necessary for the leading of regional industry under the weaken local public finance. Moreover, such an industy should provide the increase of employment and income from the viewpoint of the activation of regional economy. The potential-specialized competitive industry requires the advanced structure of production under the criteria of value-added. For the development of the metropolitan area's economy, the highly advanced technology industry including computer and electronics should be induced through the loosening of metropolitan regulation. Research center(science park) supported by th private-public sector should be built for the increase of technology sector should be built for the increase of technology power of the small and medium enterprises, Also it is necessary that the small and medium enterprises strategically make the cooperative-large group in order to avoid the disadvantage from the size.

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A Study on Risk Assessment Model for Occupational Health and Safety Management System - Focused on Organization Using Chemical Material - (안전보건경영시스템 구축을 위한 위험성평가모델에 대한 연구 - 화학물질 사용조직을 중심으로 -)

  • Cho, Kyeong-Seok;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.16 no.4
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    • pp.1-9
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    • 2014
  • The occupational health and safety accidents were continuously increased during handling, usage and manufacturing the chemical materials according to increase of small and medium sized enterprises in domestic industries. These accidents mainly resulted from insufficient occupational health and safety management and deteriorative facilities and focused on corresponding operation to minimize the damage of accidents after occurrence. But, it was required that we grasped the occurrence causes of occupational health and safety risk in handling, usage and manufacturing the chemical materials and develop the adequate corresponding operation and system according to the possible occurrence of occupational health and safety risk. This study deals with the development of risk assessment model to derive the risk and important risk of occupational health and safety and then help to construct the self-controlled occupational health and safety system for small and medium sized enterprises handling the chemical materials.

Information Technology Adoption and Success Research Review in Small and Medium-sized Enterprises (중소기업의 정보기술 도입과 성과의 연구경향)

  • Kim, SungHyun;Jang, SiYoung;Jang, GeonOh
    • Journal of Digital Convergence
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    • v.11 no.3
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    • pp.199-207
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    • 2013
  • Small and Medium-sized Enterprises are the backbones of the national economy in production and employment. Information technology can contribute to strengthening the competitiveness of SMEs. This study aims to organize the comprehensive review of existing literature on the information technology adoption and success determinants in SMEs by comparing Korean domestic and aborad studies. The results show that domestic studies tend to be more quantitative research than the research aborad. Technology-Organization-Environment framework has been the most frequently deployed framework, and CEO support and user satisfaction factors are most frequently used in the adoption and success factors. With these findings we hope the future study should adopt more various theories and qualitative research methodologies.