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1.
Tulus Tambunan 《Journal of International Entrepreneurship》2008,6(4):147-167
There is an ongoing debate in the literature on the development of small and medium enterprises (SMEs) in less developed countries
(LDCs) on two issues: the survival of SMEs in the course of economic development and the importance of government promotion
programs for SME development. This research paper aims to examine those issues empirically with Indonesian data. For this
purpose, it develops and tests a set of hypotheses. It shows that both real gross domestic product per capita and government
development expenditure (especially that used to finance SME development promotion programs) have positive impacts on SME
growth. With this finding, the research argues that SMEs in LDCs can survive, and even grow in the long-run, for three main
reasons: (a) they create a niche market for themselves, (b) they act as a “last resort” for the poor, and (c) they will grow
along with large enterprises (LEs) because of their increasingly important production linkages with LEs in the form of subcontracting.
相似文献
Tulus TambunanEmail: |
2.
Financial intermediaries,ownership structure and the provision of venture capital to SMEs: evidence from Japan 总被引:1,自引:0,他引:1
This paper examines how the provision of venture capital to small- and medium-sized businesses (SMEs) is influenced by the
ownership structure of the venture capital provider. We introduce a new and unique dataset from the Japanese venture capital
market, comprising data on investment and venture capital activities of 127 Japanese venture capital funds. The data allow
us to provide a direct comparison of the behaviour of individual owner-manager venture capitalists versus financial intermediation
(e.g., bank’s venture capital divisions). The data indicate owner-manager venture capitalists (financial disintermediation)
give rise to much smaller portfolios of SMEs and more advice to entrepreneurs. Across the scope of different financial intermediation
structures, including banks, life insurance companies, securities firms, corporations and government bodies, there are further
differences in the provision of governance and value-added advice provided to SMEs. Also, the data indicate US-affiliated
funds in Japan are more likely to have smaller portfolios and tend to provide more advice to SMEs.
相似文献
Armin SchwienbacherEmail: Email: |
3.
We provide evidence on the influence of expectations and network effects on the timing of technological adoption. By considering
a sample of SMEs operating in Italy, we focus on the determinants of their decision to adopt Fast Ethernet, a communication
standard for Local Area Networks (LANs). We find that both expectations and network effects significantly affect the timing
of adoption. In particular, price expectations generally tend to delay adoption and (indirect) network effects in the form
of backward compatibility as well as informational spillovers tend to foster adoption. Firm size also matters.
相似文献
Nicoletta CorrocherEmail: |
4.
The impact of public guarantees on credit to SMEs 总被引:1,自引:0,他引:1
This article provides an in-depth evaluation of the impact of public credit guarantees to SMEs in increasing credit availability
and reducing borrowing costs, without compromising their financial sustainability. Extensive econometric tests have been carried
out by comparing the performance of the SMEs that benefited from such guarantees in Italy with a sample of comparable firms.
The findings confirm the presence of a causal relationship between the public guarantee and the higher debt leverage of guaranteed
firms, as well as their lower debt cost. Italy’s guarantee instrument has proved to be an effective instrument in these respects.
相似文献
Marco Ventura (Corresponding author)Email: |
5.
This paper investigates whether small businesses face financial constraints that affect their survival. A model of moral hazard
is developed in which financial constraints arise endogenously. The model predicts that higher private assets relax financial
constraints and have a positive effect on the firm’s probability of survival. The empirical analysis confirms that the entrepreneur
has a higher propensity to stay in business when she inherits capital. This effect is particularly strong for entrepreneurs
who switch from self-employment into wage employment.
相似文献
Oleksandr TalaveraEmail: |
6.
Dr. Jens Dibbern Prof. Dr. Armin Heinzl 《Business & Information Systems Engineering》2009,1(1):101-110
In this paper determinants of information systems (IS) outsourcing are deduced from transaction cost economic theory, resource-based
theory and power theory. They are summarized in a theoretical framework which is tested using a sample of small and medium
sized enterprises (SMEs) in Germany. The results show that internal performance and know-how deficits vis-à-vis external service
providers are key determinants that explain why different IS functions are outsourced to varying degrees in SMEs. Moreover,
the determinants of IS functions were found to partially differ between IS functions.
Revised reprint of an article from WIRTSCHAFTSINFORMATIK 43(4)2001:339–350.
相似文献
Armin Heinzl (Corresponding author)Email: |
7.
This paper examines the implications of the globalization of value chains for the role of small and medium-sized enterprises
(SMEs) in the tourism industry. To begin with, the configuration of the global tourism value chain is analysed. Next, the
participation of Andalusian SMEs in the global tourism value chains is investigated. A number of case studies have been developed
in two relevant sectors, hotels and travel agencies, giving priority to the main tourist typologies existing in Andalusia:
sun and sand, business and congress, cultural and rural. As a result, a SWOT analysis has been produced. Finally, from the
key findings some policy recommendations supporting the role of tourism SMEs in global value chain are made.
相似文献
Pilar TejadaEmail: |
8.
eBusiness applications in SMEs of Italian industrial districts: the textile and wood/furniture cases
The paper presents the results of a study dealing with the adoption of eBusiness applications in two Italian industrial districts:
the textile district in Como and the wood/furniture district in the area of Brianza. These two districts are part of important
“made in Italy” industries, with a high volume of worldwide exports. The goal of the paper is to show how Internet technology
is changing the behavior of small and medium-sized enterprises (SMEs) in these two local (but with worldwide relevance) districts
and to understand how the potential benefits and constraints for SMEs pointed out in several literature contributions are
really acting in these districts.
相似文献
Andrea Rangone |
9.
This paper analyses the performance of the small and medium-sized manufacturing firms during the period 1995–2001, focusing
on the degree of technical inefficiency and its determinants. We use a micro panel data set to simultaneously estimate a stochastic
frontier production function and the inefficiency determinants using an unbalanced panel of manufacturing firms. Our empirical
results suggest that small and medium-sized firms tend to be less inefficient than the large firms are. Also, we centre our
analysis in the effect on efficiency of some organisational factors related to the managerial ability to use and adjust capital
and labour properly.
相似文献
M. Angeles DiazEmail: |
10.
Do frequency reward programs create switching costs? A dynamic structural analysis of demand in a reward program 总被引:2,自引:0,他引:2
This paper examines a common assertion that customers in reward programs become “locked in” as they accumulate credits toward
earning a reward. We define a measure of switching costs and use a dynamic structural model of demand in a reward program
to illustrate that frequent customers’ purchase incentives are practically invariant to the number of credits. In our empirical
example, these customers comprise over 80% of all rewards and over two-thirds of all purchases. Less frequent customers may
face substantial switching costs when close to a reward, but rarely reach this state.
相似文献
V. Brian ViardEmail: |
11.
Ching-I Huang 《Quantitative Marketing and Economics》2008,6(4):371-413
Cellular phone carriers typically offer complicated nonlinear tariffs. Consumers make a discrete choice among several rate
plans. Each plan has a nonlinear price schedule, and price is usually lower for in-network calls. I present an empirical framework
to estimate demand under such nonlinear pricing schemes by using parsimonious carrier-level data and apply the estimation
method to analyze the market in Taiwan. I evaluate the impacts of termination-based pricing schemes on the market structure
by counterfactual simulations. There is no evidence showing that the network effect resulting from termination-based pricing
has significant effects on market structure.
相似文献
Ching-I HuangEmail: |
12.
Effect of credit guarantee policy on survival and performance of SMEs in Republic of Korea 总被引:1,自引:1,他引:0
This study evaluates the effect of credit guarantee on SMEs at the firm level. To estimate the effect of credit guarantee,
we analyze relations between credit guarantee, the survival of guaranteed firms, and their productive performance. The result
indicates that credit guarantee frequency enabled guaranteed firms to achieve good performances in general. On the contrary,
the effect of guarantee amounts is ambiguous in that there is difference between the contemporary effect and the lagged effect.
Therefore, we conclude that credit guarantee satisfied partially its goal to alleviate SMEs’ difficulty in acquiring finance
and to stabilize employment.
相似文献
Almas HeshmatiEmail: Email: |
13.
Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not capture.
Therefore, in this paper, we develop a structural model of innovation that incorporates information on innovation success
from firm surveys along with the usual R&D expenditures and productivity measures. We then apply the model to data on Italian
SMEs from the “Survey on Manufacturing Firms” conducted by Mediocredito-Capitalia covering the period 1995–2003. The model
is estimated in steps, following the logic of firms’ decisions and outcomes. We find that international competition fosters
R&D intensity, especially for high-tech firms. Firm size and R&D intensity, along with investment in equipment, enhances the
likelihood of having both process and product innovation. Both these kinds of innovation have a positive impact on firm’s
productivity, especially process innovation. Among SMEs, larger and older firms seem to be less productive.
相似文献
Jacques MairesseEmail: |
14.
This paper investigates the impact of in-house R&D and innovation management practices on innovation success in small and
medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating successful
innovations, in-house R&D activities may be a particular challenge for SMEs due to high risk exposure, high fixed costs, high
minimum investment and severe financial constraints. SMEs may thus opt for refraining from R&D and relying more on innovation
management tools in order to achieve innovation success. We analyse whether such a strategy can pay off. Based on data from
the German CIS, we find that R&D activities are a main driver for innovation success if combined with external R&D, using
external innovation sources or by entering into co-operation agreements. SMEs without in-house R&D can yield a similar innovation
success if they effectively apply human resource management tools or team work to facilitate innovation processes.
相似文献
Alfred SpielkampEmail: |
15.
The overestimated role of strategic orientations for international performance in smaller firms 总被引:1,自引:1,他引:0
This article examines how market orientation (MO) and entrepreneurial orientation (EO) relate to international performance
in small firms. Empirically, the article draws on survey data from 188 Swedish SMEs. Results show that strategic orientations
have a very limited influence on international performance in these firms. Proactiveness and, to some extent, a market orientation
proved positively associated with international performance, while innovativeness and risk taking show no such relationship.
Our findings highlight the problems associated with using “traditional” MO and EO constructs in an SME setting and point to
the need of developing more appropriate constructs tailored to this context. We also note that the MO construct was developed
from a “causal view” of marketing, while successful small international firms rely more on effectuation logic. The article
also contributes to the debate between the two dominant perspectives that address firms’ early internationalization processes:
the process theory of internationalization and the international new venture perspective, where our results are in favor of
the latter.
相似文献
Svante AnderssonEmail: |
16.
Thomas J. Steenburgh 《Quantitative Marketing and Economics》2008,6(3):235-256
This article addresses the question of whether lump-sum bonuses motivate salespeople to work harder to attain incremental
orders or whether they induce salespeople to play timing games (behaviors that increase incentive payments without providing
incremental benefits to the firm) with their order submissions. We find that lump-sum bonuses primarily motivate salespeople
to work harder—a result that is consistent with the widespread use of bonuses in practice, but that contradicts earlier empirical
work in academics.
相似文献
Thomas J. SteenburghEmail: |
17.
Entrepreneurship,economic development and institutions 总被引:2,自引:2,他引:2
This paper is an introduction to the special issue from the 3rd Global Entrepreneurship Monitor Research Conference held in
Washington, D.C., in 2008. The paper has three objectives. First, to discuss the importance of the three stages of economic
development, the factor-driven stage, the efficiency-driven stage and the innovation-driven stage. Second, to examine the empirical evidence on the relationship between stages of economic development and entrepreneurship.
Third, to present a summary of the papers in the context of the theory.
相似文献
Jolanda HesselsEmail: |
18.
The knowledge spillover theory of entrepreneurship 总被引:8,自引:0,他引:8
Zoltan J. Acs Pontus Braunerhjelm David B. Audretsch Bo Carlsson 《Small Business Economics》2009,32(1):15-30
Contemporary theories of entrepreneurship generally focus on the recognition of opportunities and the decision to exploit
them. Although the entrepreneurship literature treats opportunities as exogenous, the prevailing theory of economic growth
suggests they are endogenous. This paper advances the microeconomic foundations of endogenous growth theory by developing
a knowledge spillover theory of entrepreneurship. Knowledge created endogenously results in knowledge spillovers, which allow
entrepreneurs to identify and exploit opportunities.
相似文献
Bo CarlssonEmail: |
19.
The relation between consumers’ attitude and behaviour is of importance in designing marketing and public policy measures.
However, many empirical studies find only low effects of attitudes on behaviour. In this paper, we suggest that the conflicting
evidence on the attitude-behaviour link is partly due to only extreme attitudes impacting behaviour. That is, possible non-linearities
not detected by standard linear models could occur in the relationship between attitudes and behaviour. We present and compare
alternative model specifications to assess the non-linear relationship. We test our view using empirical examples relating
to the link between environmental concerns and the purchase of organic products, and the link between privacy concerns and
the possession of loyalty cards. We find strong support for the appearance of a non-linear relationship between environmental
concern and the purchase of organic products, while only weak support for such a relationship between privacy concern and
the possession of loyalty cards.
相似文献
Jenny van DoornEmail: |
20.
As global trends regarding increased mergers and acquisitions continue, small local retailers must learn how to fend off these
strong attackers. We assess key services strategies when small-local retailers compete against large-national retailers in
industrialized (USA) and developing world (black South African township) retail settings. Of key interest is how theories
generated from industrialized world research apply in developing world settings. We found that small retailers fend off large
national retailers using virtually identical strategies regardless of the level of economic development.
相似文献
Noxolo-Eileen MazibukoEmail: |