• Title/Summary/Keyword: Small and Medium Enterprises(SMEs)

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SMEs' successful introduction of information management system: a case study for the manufacturer (중소기업의 성공적인 정보화경영체제 도입을 위한 사례 연구: 제조업체를 중심으로)

  • Kim, Jae-Saeng;Kyung, Tae-Won
    • Journal of Digital Convergence
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    • v.11 no.4
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    • pp.235-241
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    • 2013
  • In the Globalization of the business environment and the rapid technological development, the technology and intelligence are important advantages for the lack of funding SMEs, For management innovation and strengthen the competitiveness of enterprises, the information is the most efficient and powerful management tool. As a result, most of the medium-sized manufacturing firms introduction of the ERP system in order to promote the informatization. However, in reality, there are not much cases which show the tangible achievements by introduction of the ERP system. Therefore, this study searches on the Construction plan of Information Management System of the domestic small and medium manufacturing enterprises. Based on established construction method strategy Information management System apply to domestic small and medium sized manufacturing companies. In particular, information management system, that strategy was applied by considering the characteristics of SMEs and manufacturing enterprises.

A Study on the Government's Support Policy of SMEs (국내 중소기업의 정부지원정책에 관한 연구)

  • Chung, Young-Woo;Kim, Pan-Jin
    • Journal of Distribution Science
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    • v.8 no.2
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    • pp.33-44
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    • 2010
  • This paper is to give Korean small and medium enterprises the direction for strengthening the competitiveness through looking the problems and improvements about the government policy that domestic small and medium enterprises is essential for the growth anc development. To derive these results, the theoretical background was established through considering the existing research literature. This paper has drawn the final policy alternatives through collecting field data and analysing the practical support after meeting with executives that are operating a small business related to research purposes. In this paper in order to strengthen the competitiveness of small and medium enterprises of the government's support policy, it is critical for the financial support policy and the tax support policiest policy. The conclusions in this study are following. SMEs in Korean economic growth contribute greatly to advance industrial structure, regional balanced development, employment opportunities and to alleviate the concentration of economic power. However, there are these positive, and the negative such as the absence of entrepreneurial spirit and passive participation in society. Therefore, SMEs now should have your own a lot of effort to improve their competitiveness. In addition, government believe that SMEs directly impact on the national economy, especially the people, but they still need systematic and aggressive policy support in the future because of the lack of the result. Finally, if they try strategic approach for several issues and improvement of government's support policy that this study suggested for SMEs, the entrance toward developed countries can be through jumping of Korean economy.

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Design of Collaborative BOM Management System for Small and Medium Enterprises (중소 제조기업을 위한 협업환경지원 BOM 관리 시스템 설계)

  • Kim, Bo-Hyun;Jung, So-Young;Baek, Jae-Yong;Lee, Sung-Jin;Lee, Seok-Woo;Choi, Hun-Zong
    • Korean Journal of Computational Design and Engineering
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    • v.14 no.4
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    • pp.254-260
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    • 2009
  • Most commercial PDM (product data management) systems, which have been released recently by overseas famous software vendors, are still expensive and heavy to apply to small and medium enterprises (SMEs). Proposed in this paper are an architecture and functions of collaborative BOM (bill-of-material) management system (cBOM-MS) which supports the internal BOM management by BOM Navigator, provides SMEs with constructing the collaborative BOM via Collaborative BOM Portal, and proposes an interface to extract BOM automatically from commercial CAD systems. In the design of cBOM-MS, BOM Navigator and cBOM Portal are positioned separately to reinforce the information security about product data during product development process.

Developing Information Security Management Model for SMEs: An Empirical Study (중소기업 정보보호관리 모델의 개발: 실증 연구)

  • Lee, Jung-Woo;Park, Jun-Gi;Lee, Zoon-Ky
    • Asia pacific journal of information systems
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    • v.15 no.1
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    • pp.115-133
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    • 2005
  • This study is to develop an information security management model(ISMM) for small and medium sized enterprises(SMEs). Based on extensive literature review, a five-pillar twelve-component reference ISMM is developed. The five pillars of SME's information security are: centralized decision making, ease of management, flexibility, agility and expandability. Twelve components are: scope & organization, security policy, resource assessment, risk assessment, implementation planning, control development, awareness training, monitoring, change management, auditing, maintenance and accident management. Subsequent survey designed and administered to expose experts' perception on the importance of these twelve components revealed that five out of tweleve components require relatively immediate attention than others, especially in SME's context. These five components are: scope and organization, resource assessment, auditing, change management, and incident management. Other seven components are policy, risk assessment, implementation planning, control development, awareness training, monitoring, and maintenance. It seems that resource limitation of SMEs directs their attention to ISMM activities that may not require a lot of resources. On the basis of these findings, a three-phase approach is developed and proposed here as an SME ISMM. Three phases are (1) foundation and promotion, (2) management and expansion, and (3) maturity. Implications of the model are discussed and suggestions are made for further research.

The empirical analysis of the growth rate on Small and medium size Enterprises(SMEs) in Korea

  • Han, Jung-Hee
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.1 no.1
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    • pp.105-125
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    • 2006
  • This paper relates recent empirical research on the growth. Smaller and younger firms have been growing more quickly than larger and older firms, thus, generating proportionately more new jobs. It is not difficult to understand why small and medium firms receive so much attention. Because SMEs provide about 80 percent of private sector employment so SMEs performance is an important economic and social factor. Despite this, they are subject to higher risk and mobility than those at the large firms. This paper is analyzes the relationship between firm growth measured as growth in employment, sales and production and firms age, size and R&D investment. The growth and its relationship with the determinants is linked to industrial policy in Korea. Empirical results are based on an unbalanced panel data covering period 1999-2002. Results show significant relationship between growth, size and age of firm.

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Factors Influencing Strategic Use of Information Technology and Its Impact on Business Performance of SMEs

  • Kim, Moon-Koo;Jee, Kyoung-Yong
    • ETRI Journal
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    • v.29 no.4
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    • pp.497-506
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    • 2007
  • In this paper, we study the relationship between factors influencing the strategic use of IT and business performance by conducting a survey of small and medium-size enterprises (SMEs). From the results of our survey we came to several conclusions which are presented here. First, IT investment has a significant impact on the strategic use of IT, and the strategic use of IT has a significant impact on business performance. Second, SME investment in IT and strategic use of IT are influenced by both the intensity of competition in the market environment and partnership with other organizations. Third, the support from the management group in SMEs is a core factor for IT investment and strategic use of IT. Finally, for SMEs to use IT strategically and successfully, it is necessary to combine members' participation with a flexible organizational structure and culture.

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The Impact of Environmental Factors on the International Harmonization Process of Accounting on SMEs: Evidence in Vietnam

  • NGUYEN, Dung Duc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.641-649
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    • 2020
  • The study examines the effect of environmental factors on the international harmonization process of accounting on small and medium enterprises in Vietnam. These factors include legal environment, business environment, and cultural environment. The data is collected by a survey of 100 accountants and 100 auditors on the factors that affects the international harmonization process of accounting. The T-Tests indicate differences between the answers of the accountants and auditors. First, for the accountants, legal environment has the biggest effect on the harmonization process of accounting; while on the auditors, business environment has the biggest influence. Second, while the accountants consider costs higher than benefits in the harmonization process of accounting, the auditors assume that benefits are superior to costs that businesses spend. Third, both the accountants and the auditors indicate that the harmonization process of accounting should not be applied for all small and medium enterprises. From the study results, the author has given a different evaluation method that Vietnam should implement for international harmonization with the required adjustments as per the suitability with the status of businesses in Vietnam. The process of harmonization in accounting practices should not be indiscriminately applied to all the small and medium enterprises either.

A Study of Business Support Policy for Small-Medium Enterprises in Regional Strategic Industry (지역전략산업 연계 중소기업 지원정책의 효율성 개선방안)

  • Kyung, Jong-Soo;Lee, Bo-Hyung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.6
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    • pp.2030-2037
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    • 2010
  • In this study, We will find approach to improve the efficiency of business support policies for small-medium enterprises(SMEs) in the regional strategic industries. Especially, based on the customized needs of SMEs in strategic industries, we intend to find directions of the business support policy. we can use the decisions criteria(for example, business strategy, business portfolio, effective budget allocation, core business plans, etc.) by research results. To achieve the research objectives, we surveyed from 243 SMEs in regional strategic industry. we found the differences of industry characteristics, strategy and industry-specific by growth stages. Thus, this result implies the necessity of creating a customizing policy for SMEs. We found implications about the efficiency improvement of regional industrial policy. In conclusion, regional industrial policy must reflect the central government's policy direction of regional industries and the demand of SMEs.

Effects of Human Resource Management Activities and R&D Capabilities of SMEs on Organizational Effectiveness (중소기업의 인적자원관리활동과 연구개발 역량이 조직유효성에 미치는 영향)

  • Noh, Seong-Yeo;Seo, Jong-Seok;Ock, Young-Seok
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.3
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    • pp.100-108
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    • 2016
  • The purpose of this study is to present a business strategy plan to increase organizational effectiveness of small and medium-sized enterprises. The research investigated in the level of human resource activity, such as recruitment, education, evaluation, compensation and development for the employees and executives who are working at small and medium-sized enterprises where located in Busan and Gyongnam province. With this, the research carried out actual proof analysis on the level of human resource activity effects on organization effectiveness like job satisfaction and organizational commitment. The following implications can be acquired from the result of multiple regression analysis on the 201 employees of small and medium enterprises. First, small and medium-sized enterprises should carry out human resource management activities and improve research and development capacity to enhance organization effectiveness. Second, in order to improve job satisfaction of the members of small and medium-sized enterprises, the management should concentrate on recruitment activity and reward maintenance management activity and come up with strategies to enhance learning ability and external network ability. Third, in order to enhance organizational commitment of the members of small and medium-sized enterprises, recruitment activity, training activity, and reward maintenance management activity should be carried out and the management should come up with strategies to enhance learning ability and external network ability. In this research, the objective was only to find out antecedents of organization effectiveness, but considering that causality might arise among the antecedents, in the studies hereafter, the verification on the structural relationship of various factors will be needed.

Cross-border Search and Dynamic Capability on Business Model Innovation of SMEs in China (중국 중소기업의 국경간 검색과 동적역량이 비지니스혁신에 미치는 영향에 관한 연구)

  • Zhou Ru;Ma Weiwei;Kim DongJoo
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.6
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    • pp.371-388
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    • 2023
  • In recent years, the business model innovation of small and medium-sized enterprises has become a hot research issue, and it is also regarded as an important hot issue to promote the transformation and development of small and medium-sized enterprises and promote economic transformation and development. In this study, we analyzes the influence of cross-border search and dynamic capabilities of small and medium-sized enterprises in China on business model innovation. The model of influencing factors is established. After collecting relevant data through questionnaire survey, the model is verified and analyzed. It is verified that for small and medium-sized enterprises in China, dynamic capability and cross-border search have a positive and significant impact on enterprise business model innovation, and dynamic capability plays an intermediary role between cross-border search and enterprise business model innovation. Through this paper, we can give some enlightenment to the business model innovation of small and medium-sized enterprises in China.