• Title/Summary/Keyword: Small Medium Enterprises

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The Case Study on Weighted DB Security Appliance Development (Light Weighted DB 보안 어플라이언스 개발 사례 연구)

  • Seo, Yang-Jin;Lee, Jae-Pil;Lee, Chang-Hoon;Chang, Hang-Bae
    • Journal of Advanced Navigation Technology
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    • v.14 no.3
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    • pp.397-408
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    • 2010
  • SMEs (Small and Medium-sized Enterprise) have became competitive by improvement of work efficiency due to utilization of DBMS, which is mainly used among large enterprises, but reverse functions such as security events and vulnerabilities have been increasing. SMEs without enough investment on security infrastructure have difficulties with implementing DB security products. Therefore the most of SMEs are exposed to hacking and security accidents defensivelessly. Hence this study offers distributional H/W DB security solution which is affordable for SMEs.

A Case Study on The Strategy and Way to Promote IT Collaboration between SMEs and Large Firms in The Heavy Industries (중공업 부문의 대중소 IT 협업 전략과 추진에 관한 사례연구)

  • Kim, Jung-Mo;Cho, Chi-Woon
    • IE interfaces
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    • v.25 no.1
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    • pp.1-12
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    • 2012
  • The challenges facing manufacturing companies today span across the industry, independent of company size or product. Especially, big manufacturers must overcome these challenges, and information technology (IT) collaboration with small and medium enterprises (SMEs) will play a major role in this effort. In this research, the strategy and way to promote IT collaboration between SMEs and large firms in heavy industries are proposed. A pre-consultation was performed to derive the strategy and way for the collaboration, and an IT collaboration system was developed reflection the results of pre-consultation. The IT collaboration system consists of two parts. One is ERP based on BPM for SMEs to standardize and visualize the entire business process from order placement to release. This system also provides their parent company with visibility into the status of orders and user can easily access the system on the web at a low price through cloud computing service. The other is interface part for data changes between large firms and SMEs. Thus far, this paper demonstrates the importance of strategy for the collaboration, and the applicability of IT collaboration system to elevate the speed and efficiency of business.

Effect of Information Capital Readiness on Business Performance in Indonesian MSMEs: Does Online Market Orientation Matter?

  • TJAHJADI, Bambang;SOEWARNO, Noorlailie;GUNAWAN, Gabriella Monica
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.267-274
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    • 2020
  • The focus of this study is to investigate the mediating role of online market orientation on information capital readiness-business performance relationship. The construct of information capital readiness is rarely researched. The readiness here refers to the availability of information capital needed to support strategy execution. As quantitative research, this study employs the partial least squares structural equation modeling (PLS-SEM) to test the hypotheses. Data was collected using questionnaires from the owners/managers of the micro, small, and medium-sized enterprises (MSMEs) in the East Java Province, Indonesia. As many as 433 respondents had participated. The result indicates that information capital readiness directly and positively affects business performance. Further analysis reveals that online market orientation partially mediates information capital readiness-business performance relationship. In conclusion, this study suggests that the owners/managers of the MSMEs should improve their information capital readiness to support online market orientation strategy so that it can improve their business performance. This is the first study that brings together the issues of information capital readiness and online market orientation as the antecedents of business performance in the Indonesian MSMEs research setting. The mediating role of online market orientation is rarely explored in previous studies.

Intention to Adopt Cloud Accounting: A Conceptual Model from Indonesian MSMEs Perspectives

  • HAMUNDU, Ferdinand Murni;HUSIN, Mohd Heikal;BAHARUDIN, Ahmad Suhaimi;KHALEEL, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.749-759
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    • 2020
  • Over the years, numerous Micro, Small, and Medium Enterprises (MSMEs) have been vigorously established across many countries. Even though the Internet of Things (IoT) has enabled companies to anchorage business returns, most Indonesian MSMEs are highly susceptible to failure and one of the main issues is the inability to manage their financials effectively. The literature on accounting points out that the success of MSMEs owing to the usage of cloud-based Accounting Information Systems (AIS) or Cloud Accounting (CA) could reduce the rate of failure by managing multiple accounting information at a low cost. Although many benefits exist, Indonesian MSMEs are not adopting these platforms in their daily business activities. This study investigates the factors that influence Indonesian MSMEs' intention to adopt CA. The study is directed by unstructured in-depth interviews with seven bestseller MSMEs where a thematic analysis technique was employed to identify them. The interview findings and prevailing literature on the influencing factors based on the TOE (technological, organizational, and environmental) framework to adopt CA in Indonesian MSMEs context are perceived benefits outweighing the cost, perceived compatibility, perceived complexity, owner-manager knowledge on accounting, organization size, competitive pressure, and informal network. The conceptual model further includes government intervention as a moderator in the model.

Entrepreneurial Orientation, Access to Financial Resources and SMEs' Business Performance: The Case of the United Arab Emirates

  • ZARROUK, Hajer;SHERIF, Mohamed;GALLOWAY, Laura;EL GHAK, Teheni
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.465-474
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    • 2020
  • This study investigates how financial resources and entrepreneurial orientation (EO) may influence the performance of small- and medium-sized enterprises (SMEs) in the United Arab Emirates (UAE). Twenty-seven interviews were conducted and evaluated using the method of GABEK® (A GAnzheitliche BEwältigung von Komplexität - holistic processing of complexity). The research demonstrated that access to financial resources has significantly mediated EO's effect on the SMEs' performance. The study found that financial autonomy, enhanced through both personal financing and availability of external finance sources, plays a central role in supporting the EO dimension of autonomy and enhancing the SMEs' performance. In particular, the other EO dimension of risk-taking is stymied by lack of funds with which to take commercial and market opportunities. However, when an innovation strategy is pursued and adopted, access to finance can be facilitated, either through financial institutions or through other governmental funding programs attracting high potential innovators. Furthermore, financial barriers, difficulties accessing bank financing, and legal issues have a detrimental impact on SMEs' growth. The study has implications for policy-makers in the UAE, specifically in terms of sending a signal for lending institutions to consider strategies that provide access to affordable financial services to satisfy SMEs' needs.

A Study on the Development of the Account Management Program in Korea Customs Service (한국 관세청의 기업상담전문관 제도 발전방향에 관한 연구)

  • Song, Seon-Uk
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.289-312
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    • 2009
  • Under the circumstance of increasing international trade volumes and limitation of customs human resources, it is necessary to shift the customs' revenue collection activities and audit method from a transaction-based approach to an account-based approach. Thus, in 1997, U.S. Customs services established the Account Management Program. The Account Management Program is designed to increase importer compliance and improve customer service through one-on-one interaction with business entities and a designated Customs representative(Account Manager). The Account Management Program is a comprehensive process that includes the following stages and activities ; selection of a potential Account, establishment of the Account, management of the Account. In 2009, Korea Customs service introduced and executed the Account Management Program. But owing to its early stages, Korea Customs service does not suggest effective direction of development of the AM program. So I can propose the following improvements of the Account Management Program in Korea. Firstly, the Account Managers have to be assigned more traders than AEOs(Authorized Economic Operators). Secondly, it is necessary that Customs service appoints part-time port Account Managers to help more traders to improve customs compliance. Thirdly, thought should be given as to Account can be expanded to encompass both small and medium enterprises(SME) by providing customs brokers managing their customs business on the behalf of the SME with the Account Managers. Lastly, Customs service has to establish performance measures and action plan for the Account Management Program.

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Strategic Intuition Capability toward Performance of Entrepreneurs: Evidence from Thailand

  • AUJIRAPONGPAN, Somnuk;RU-ZHE, Jintanee;JUTIDHARABONGSE, Jaturon
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.465-473
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    • 2020
  • The objective of this research is to study the confirmative components of strategic intuition capability and the study of causal influence between strategic intuition capability and firm performance of SMEs in Thailand. The consistency method, structural equation models and empirical data were used to test the influential factors on firm performance. Models were then proposed for the development of the strategic intuition capability of entrepreneurs in Thailand. The research sample consisted of 342 SME provincial champion entrepreneurs listed with Thailand's Office of Small and Medium Enterprises. The research results reveal that the model of strategic intuition capability responded well to the empirical data. Additionally, a relationship was identified between firm performance and the causal influence of the strategic intuition capability of entrepreneurs. In accordance with the empirical data, the strategic intuition capability of entrepreneurs had a significant causal influence on firm performance (Chi-square = 35.71, df = 25, P-value = 0.07615, GFI = 0.98, AGFI = 0.96, RMSEA = 0.033, RMR = 0.027). Furthermore, with respect to the development of strategic intuition capability, the development of genuine wisdom based on systematic knowledge management achieved via conscious mental concentration may lead to the next stage of strategic intuition.

Query with SUM Aggregate Function on Encrypted Floating-Point Numbers in Cloud

  • Zhu, Taipeng;Zou, Xianxia;Pan, Jiuhui
    • Journal of Information Processing Systems
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    • v.13 no.3
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    • pp.573-589
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    • 2017
  • Cloud computing is an attractive solution that can provide low cost storage and powerful processing capabilities for government agencies or enterprises of small and medium size. Yet the confidentiality of information should be considered by any organization migrating to cloud, which makes the research on relational database system based on encryption schemes to preserve the integrity and confidentiality of data in cloud be an interesting subject. So far there have been various solutions for realizing SQL queries on encrypted data in cloud without decryption in advance, where generally homomorphic encryption algorithm is applied to support queries with aggregate functions or numerical computation. But the existing homomorphic encryption algorithms cannot encrypt floating-point numbers. So in this paper, we present a mechanism to enable the trusted party to encrypt the floating-points by homomorphic encryption algorithm and partial trusty server to perform summation on their ciphertexts without revealing the data itself. In the first step, we encode floating-point numbers to hide the decimal points and the positive or negative signs. Then, the codes of floating-point numbers are encrypted by homomorphic encryption algorithm and stored as sequences in cloud. Finally, we use the data structure of DoubleListTree to implement the aggregate function of SUM and later do some extra processes to accomplish the summation.

What Kinds of Aptitude Will Be Required for Undergraduate Students Who Want to Join Export-Oriented SMEs? (수출중소기업은 어떤 직무적성을 가진 대학생을 채용할까? -광주 지역을 중심으로-)

  • PARK, Hyun-Chae
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.73
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    • pp.111-128
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    • 2017
  • The main objective of this study is to examine the required aptitudes for undergraduate students who want to join export-oriented Small & Medium Enterprises(SMEs). 178 Dataset from a survey of exporting firms in Gwangju, Korea, were used to analyze the study. The results of the study are as follows ; First, the most required aptitude is 'the capability related to build up human relationship'. So students should learn negotiation skills in the college. In addition to this, student also try to join informal club and cultivate teamwork capabilities. Second, finding out a job in export-oriented SMEs is needed to equip with problem-solving capabilities. To do it, students should learn various subjects related to trade theory. Additionally, having some certificates like 'international trade master' can be better. Third, communication capabilities including foreign language and international business skills will be also required for students who are preparing for joining export-oriented SMEs. However, capabilities related to information technology and basic statistic skills does not have statistically significant correlation to recruitment intention. As a result, students who have such above-mentioned four aptitudes may have better position to find out jobs in export-oriented SMEs.

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Public Information Quality, Customer Value and their Effects on Satisfaction of SMEs (공공정보의 품질, 고객가치 및 만족도에 관한 연구)

  • Suh, Sang-Hyuk;Lee, Sunyoung;Kim, Jae-Soo;Lee, Byeong-Hee
    • The Journal of the Korea Contents Association
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    • v.16 no.8
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    • pp.20-28
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    • 2016
  • The purpose of this study is to identify the factors which affect the customer value and satisfaction of public information services used by the researchers in SMEs(small-and-medium size enterprises). The results, based on statistical analyses of a survey conducted in Korea are as follows; 1) the customer value is positively influenced by the service quality; 2) the customer value, in turn, is positively associated with the customer satisfaction; 3) information needs moderate the relationship between service quality and customer value but does not moderate the relationship between the customer value and satisfaction.Our findings propose the importance of the service quality and the effort to maximize the information customer values.