• Title/Summary/Keyword: Small Medium Enterprises

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Evaluating a Technology Transfer and Commercialization Support Program: A Korean Case Study

  • Park, Mun-Su;Chang, Soonwoo Daniel
    • Asian Journal of Innovation and Policy
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    • v.9 no.3
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    • pp.257-280
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    • 2020
  • The study analyzed the effectiveness of a technology transfer and commercialization support program to Korean technology transfer offices and firms. The study created a logic model to design a questionnaire to analyze how the support program, directly and indirectly, affected the technology transfer offices and the firms' performances. The study found that technology transfer offices are focused not only on potential firms' excavation activity to process the technology transfer but also on providing strategic support to provide practical assistance to the firms' needs. Not only has the number of technology transfer cases increased during the two-year program duration, but other activities, such as technical guidance and various strategic consulting for commercialization of the transferred technology, have also appeared to have increased considerably. Support program has helped strengthen the firms' internal capabilities, expand new market capabilities, and increase the firms' indirect performances.

Selecting the Right ERP System for SMEs: An Intelligent Ranking Engine of Cloud SaaS Service Providers based on Fuzziness Quality Attributes

  • Fallatah, Mahmoud Ibrahim;Ikram, Mohammed
    • International Journal of Computer Science & Network Security
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    • v.21 no.6
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    • pp.35-46
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    • 2021
  • Small and Medium Enterprises (SMEs) are increasingly using ERP systems to connect and manage all their functions, whether internally between the different departments, or externally with customers in electronic commerce. However, the selection of the right ERP system is usually an issue, due to the complexities of identifying the criteria, weighting them, and selecting the best system and provider. Because cost is usually important for SMEs, ERP systems based on Cloud Software as a Service (SaaS) has been adopted by many SMEs. However, SMEs face an issue of selecting the right system. Therefore, this paper proposes a fuzziness ranking engine system in order to match the SMEs requirements with the most suitable service provider. The extensive experimental result shows that our approach has better result compared with traditional approaches.

Challenges and Opportunities of Big Data

  • Khalil, Md Ibrahim;Kim, R. Young Chul;Seo, ChaeYun
    • Journal of Platform Technology
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    • v.8 no.2
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    • pp.3-9
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    • 2020
  • Big Data is a new concept in the global and local area. This field has gained tremendous momentum in the recent years and has attracted attention of several researchers. Big Data is a data analysis methodology enabled by recent advances in information and communications technology. However, big data analysis requires a huge amount of computing resources making adoption costs of big data technology. Therefore, it is not affordable for many small and medium enterprises. We survey the concepts and characteristics of Big Data along with a number of tools like HADOOP, HPCC for managing Big Data. It also presents an overview of big data like Characteristics of Big data, big data technology, big data management tools etc. We have also highlighted on some challenges and opportunities related to the fields of big data.

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The Effect of SMEs' Slack Resource on Internationalization: Focusing on SMEs' Subcontracting Relationship

  • KIM, Jae-Jin
    • East Asian Journal of Business Economics (EAJBE)
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    • v.9 no.1
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    • pp.17-26
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    • 2021
  • Purpose-This study examines how financial slack resources and subcontracting of small and medium-sized enterprises (SMEs) affect their internationalization. To identify slack resources, subcontracting, and internationalization of SMEs, 1,062 SME samples in the electronics industry are used in the logistic regression analysis to analyze their relationship with SMEs' export. Research design, data, and methodology-This study conducted the empirical analysis on 1,062 SMEs in the electronics industry using the sample survey method. The samples were based on data selected and distributed by the Ministry SMEs and Startups. The data analysis methods were descriptive, correlation analysis, and logistics regression analysis. Result-The analysis shows that only available resources are negatively related to SMEs' internationalization. It can be interpreted as a high tendency for SMEs to avoid relatively risky choices such as entering overseas markets if they have enough financial resources. Moreover, subcontracting has a negative relationship with internationalization. Conclusion-This study broadened the scope of SME research by analyzing subcontracting and slack resources together and provides practical implications for policymakers and managers.

A Study on the Security Management System for Preventing Technology Leakage of Small and Medium Enterprises in Digital New Deal Environment

  • Kim, Sun-Jib
    • International Journal of Advanced Culture Technology
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    • v.9 no.4
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    • pp.355-362
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    • 2021
  • Through the Korean version of the New Deal 2.0, manufacturing-oriented SMEs are facing a new environmental change called smart factory construction. In addition, SMEs are facing new security threats along with a contactless environment due to COVID-19. However, it is practically impossible to apply the previously researched and developed security management system to protect the core technology of manufacturing-oriented SMEs due to the lack of economic capacity of SMEs. Therefore, through research on security management systems suitable for SMEs, it is necessary to strengthen their business competitiveness and ensure sustainability through proactive responses to security threats faced by SMEs. The security management system presented in this study is a security management system to prevent technology leakage applicable to SMEs by deriving and reflecting the minimum security requirements in consideration of technology protection point of view, smart factory, and remote access in a non-contact environment. It is also designed in a modular form. The proposed security management system is standardized and can be selectively used by SMEs.

Measures to Improve the Promotion System in the Smart Factory Promotion Process

  • Lee, Seong-Hoon;Lee, Dong-Woo
    • International Journal of Internet, Broadcasting and Communication
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    • v.14 no.4
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    • pp.206-211
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    • 2022
  • Recently, the world is facing many difficulties in all areas as a result of price instability and the Russian-Ukraine war. Personally, as many jobs disappear, household income is declining sharply. In particular, the possibility of such bankruptcies is relatively increasing in small and medium-sized enterprises (SMEs), and it is highly likely that this will continue for the time being. In this situation, countries around the world are continuously making efforts to improve corporate productivity. In Korea, the smart factory support project implemented by the Smart Manufacturing Innovation Promotion Team has been continuously promoted for the past several years, providing opportunities for SMEs in need to improve productivity and change the corporate structure. In this study, the current status of smart factory promotion at home and abroad was examined, and problems and improvement measures were studied for the insufficient efficiency in the smart factory promotion system implemented in Korea.

RESPONDING TO GLOBAL ISSUES: SUSTAINABILITY AND INNOVATION IN THE AUSTRALIAN SME RESIDENTIAL BUILDING CONSTRUCTION SECTOR

  • D.S. Thorpe;N. Ryan
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.684-693
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    • 2007
  • The construction industry is a significant component of many economies and typically contains a high proportion of small and medium enterprises. However, it is generally understood that this industry is fragmented, adversarial, not highly innovative and not quick to respond to change. At the same time, the industry is under pressure to continue to embrace new technologies and methods, and to adapt better to current and emerging global issues such as sustainability. In order to meet these challenges, firms in the industry need to understand the issues involved and manage their practices accordingly. This paper describes exploratory research into the role of innovative and environmentally sustainable design and construction practices in one group of construction firms, viz., smaller residential building firms in Queensland, Australia.

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Intellectual Capital and Its Role in Crisis Management During the COVID-19 Pandemic: An Empirical Study in Kuwait

  • ALNASSAFI, Fahd Marzouq
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.113-121
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    • 2022
  • The study aimed to assess the availability of intellectual capital in Kuwaiti private universities in terms of its three dimensions (human capital, structural capital, and relational capital), as well as its role in crisis management (crisis preparedness, crisis mitigation, confrontation, and response to the crisis, and learning from the crisis) during the COVID-19 pandemic. Members of the boards of trustees, university presidents, their deputies, and deans of the colleges were chosen as respondents to this study from a sample of (8) private universities in Kuwait, with the sampling unit consisting of leaders in these universities. The study revealed that all dimensions of intellectual capital play a statistically significant impact in executing crisis management during the COVID-19 pandemic at Kuwaiti private universities after conducting the data analysis process. The study concluded that universities should pay attention to intellectual capital in all its dimensions (human capital, structural capital, and relational capital) because of its role in improving their ability to implement crisis management strategies and strive to improve their capabilities to face crises by implementing crisis management strategies.

A Study on the Improvement of the Competitiveness of Small and Medium Enterprises in the Digital Healthcare Industry: Focusing on the SWOT Analysis (디지털헬스케어 산업에서의 국내 중소기업 경쟁력 제고 방안 연구: SWOT 분석을 중심으로)

  • YeonKyeong Lee;Minjung Lee
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2023.01a
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    • pp.425-426
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    • 2023
  • 최근 4차 산업시대 도래, 정보통신기술(ICT)의 발전, 코로나19의 여파로 전 세계적으로 디지털 헬스케어 산업의 중요성과 산업의 전망이 높아지고 있다. 한국에서도 디지털헬스케어관련 정책들이 지속적으로 발표되고 있으나 아직까지 많은 중소기업과 스타트업 기업들이 연구 인력, 인프라, 자금 부족 등으로 새로운 정책을 따라가기 어려운 실정에 놓여 있다. 이에 본 연구에서는 기존 문헌 연구를 통해 디지털 헬스케어 관련 세계 및 국내 변화요인을 파악하고, SWOT분석을 실시하여 국내 중소기업을 위한 경영전략을 도출하고자 하였다. 본 연구는 중소기업이 산업 경쟁력을 제고하기 위한 전략적 대응 및 우선순위 수립 시 기초자료로 활용될 수 있을 것이다.

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Effects of Knowledge-based Resource and Ambidextrous Capability on Export Performance in SMEs (중소기업의 지식기반자원과 양면성 역량이 수출성과에 미치는 영향)

  • Dong-Woo Ryu
    • Korea Trade Review
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    • v.45 no.2
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    • pp.31-49
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    • 2020
  • The purpose of this study is to investigate the effects of knowledge-based resource and ambidextrous capability on their export performance of small and medium-sized enterprises (SMEs). Drawing on an extensive review of the literature on Knowledge-based resource and ambidextrous capability, hypotheses are developed and tested using a sample of 284 SMEs in South Korea. Structural equation modeling was applied. As a result of analysis, first, international entrepreneurship has a significant effect on ambidextrous capability. Second, human capital has significant influence on ambidextrous capability. Third, ambidextrous capability has a significant effect on export performance. The results indicate that their knowledge-based resources ware significant driver of their ambidextrous capability. and that their ambidextrous capability was significant driver of their export performance. In the final conclusion section, implications and limitations of research results and suggestions for future research are discussed.