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Opportunities, Challenges and Countermeasures of SMEs Based on "Inner Cycle"

Rui Ge
2021 Modern Economics & Management Forum  
Over a long time, the development of China's economy has always relied heavily on investment, export and consumption, or is export-oriented to promote economic growth; however, in the new world economic  ...  situation, the export has been curbed and the economic focus needs to be shifted.  ...  Therefore, for small and medium-sized enterprises, opportunities and challenges coexist under the economic internal cycle.  ... 
doi:10.32629/memf.v2i6.589 fatcat:fv7ihv5cofev3jrfw3rcv6inza

Supply chain development drivers in industry 4.0 in Ukrainian enterprises

Yevhen Krykavskyy, Olena Pokhylchenko, Nataliya Hayvanovych
2019 Oeconomia Copernicana  
Purpose of the article: The article aims at identifying supply chain development drivers under the conditions of 'Industry 4.0'; determining the effect of DT in the cross-section of strategic and operational  ...  Research background: Industry 4.0 is a response to rapid technical progress, caused by the dominant role of information technology, which covers and penetrates virtually into all the aspects of people's  ...  medium-size, small and micro-enterprises).  ... 
doi:10.24136/oc.2019.014 fatcat:b42pnkicljcpddasiguirk3dhm

Study on cost Control of small and Medium-sized Enterprises under the background of "Internet +" — Take Company T as an example

Hui Gao, G. Kierans, H. Liu, E.H.K. Ng
2021 E3S Web of Conferences  
In this paper, T Company is selected to study related issues of cost control of small and medium-sized enterprises(SMES), analyze the current situation and existing problems of cost control of T company  ...  Due to their low product value and high cost, the price competition among small and medium-sized manufacturing enterprises is increasingly fierce.  ...  Acknowledgment Funded by the discipline Leaders Training Program of Fujian Institutions of Higher learning in 2017  ... 
doi:10.1051/e3sconf/202123503057 fatcat:wzwvmy7dmnco7koobed2wx7zie

Facing Environmental Goals for Energy-Efficiency Improvements in Micro and Small Enterprises Operating in the Age of Industry 4.0

Tomasz Bernat, Sylwia Flaszewska, Bartłomiej Lisowski, Renata Lisowska, Katarzyna Szymańska
2022 Energies  
One of the biggest challenges of a modern enterprise is finding a balance between achieving environmental goals and being competitive in the era of Industry 4.0 requirements.  ...  The purpose of this study was to assess the performance of micro and small enterprises following environmental objectives in improving energy efficiency.  ...  As indicated above, the most crucial investment objective for small-and micro-sized enterprises is cost efficiency, not energy efficiency.  ... 
doi:10.3390/en15186577 fatcat:xzbla3utmvg3ndjsyujdaegzxq

Financialization of Enterprise Assets and R&D Investment

Yang Xu, G. Kierans, H. Liu, E.H.K. Ng
2021 E3S Web of Conferences  
small and medium-sized entrepreneurial companies on R&D investment.  ...  In addition, from the perspective of the shareholding structure, the threshold effect model is used to explore how the direction and extent of the effect of asset financialization on corporate R&D investment  ...  For small and medium-sized entrepreneurial enterprises, due to the short establishment time and strong growth, for the steady and continuous development of the enterprise, the company has a strong demand  ... 
doi:10.1051/e3sconf/202123501037 fatcat:bzzp5m2carbo5b46jhcv3dm6e4

Improving Personnel Management by Organizational Projects: Implications for Open Innovation

Alexander Bril, Olga Kalinina, Olga Valebnikova, Natalia Valebnikova, Marisa Camastral, Dmitry Shustov, Natalya Ostrovskaya
2021 Journal of Open Innovation: Technology, Market and Complexity  
The aim of the study is to analyze and develop clear criteria for assessing the effectiveness of projects and improving personnel management systems for enterprises of different industries and types of  ...  The methodology and basic elements of the business process of one-stage economic assessment of organizational projects for personnel management at Russian enterprises are presented.  ...  Acknowledgments: The authors would like to thank the anonymous referees for their very useful suggestions.  ... 
doi:10.3390/joitmc7020105 fatcat:c6v5f74gtnhn7a52q2qb2t52hu

The Implementation of Industry 4.0 Elements as a Tool Stimulating the Competitiveness of Engineering Enterprises

Lea Kubickova, Marcela Kormanakova, Lucie Vesela, Zdenka Jelinkova
2021 Journal of Competitiveness  
necessary to implement Industry 4.0 elements, while 46% of micro-enterprises do not plan to invest in Industry 4.0 elements.  ...  Emphasis is placed on Industry 4.0, planned investments in this infrastructure and the implementation of individual elements.  ...  has a the largest effect on medium and small enterprises.  ... 
doi:10.7441/joc.2021.01.05 fatcat:atqwx22ga5dm7lvr5hq5krsssm

Industry 4.0 in a dualistic manufacturing sector – qualitative experiences from enterprises and their environment, Eastern Hungary

Csongor Nagy, Ernő Molnár, Éva Kiss
2020 Hungarian Geographical Bulletin  
Based on company interviews, the effects of the new technologies of Industry 4.0 on the dual Hungarian manufacturing industry and its spatial structure are studied, and that whether they contribute to  ...  Duality is also reflected in the corporate structure, in space and in the realisation of Industry 4.0.  ...  Acknowledgements: The research was implemented in the framework of the NKFIH project (project number: K 125091). Authors express their gratitude hereby for the support.  ... 
doi:10.15201/hungeobull.69.2.5 fatcat:p64xx2xw5nhprfjbhkhfzs6xoi

Openness to Industry 4.0 and performance: The impact of barriers and incentives

Monica Cugno, Rebecca Castagnoli, Giacomo Büchi
2021 Technological forecasting & social change  
of barriers; (3) greater knowledge-related and economic and financial barriers improve performance, abstracting from the adoption of incentives; and (4) greater openness to Industry 4.0 drives the adoption  ...  This article belongs to the special section on Technological Innovations & Their Financial & Socio-economic Implications in the Era of Fourth Industrial Revolution.  ...  Acknowledgments The authors would like to thank the reviewers of the special issue Technological Innovations & their Financial & Socio-Economic Implications in the Era of Fourth Industrial Revolution on  ... 
doi:10.1016/j.techfore.2021.120756 fatcat:wfg5jdbeujftrliqrlandz62fa

Smart SME 4.0 Implementation Toolkit [chapter]

Apichat Sopadang, Nilubon Chonsawat, Sakgasem Ramingwong
2020 Industry 4.0 for SMEs  
IT System IT systems are fundamental to control the potential and effectiveness of Industry 4.0.  ...  Background and Literature Review SME 4.0 is a new, modified version of Industry 4.0 (I4) for SMEs.  ... 
doi:10.1007/978-3-030-25425-4_10 fatcat:5ij2yczd7ffbtewhrpwejwjiwe

Industry 4.0 Significance to competition and the EU competition policy

Manuela Tvaronaviciene, Arunas Burinskas
2020 Economics & Sociology  
For this purpose, employing the semi-systematic review method, the report explores the theoretical background of the Industry 4.0 policy carried out by the EU, how it affects its competition policy and  ...  However, all the advantages of Industry 4.0 at the same time mean many inevitable changes and challenges they pose.  ...  Acknowledgement This project has received funding from the European Regional Development Fund  ... 
doi:10.14254/2071-789x.2020/13-3/15 fatcat:2gpxqq6bfvdyjewitt2sfcturq

Effect of Small and Medium Scale Enterprises on Nigeria"s Economy

Ameh Paul Ojimaojo, Alao. M. Murtadho, Amiya Bhaumik
2020 World Journal of Innovative Research  
Pages 87-92 87  Abstract-Small and medium enterprises (SMES) in any country play a vital role in economic growth and development of a nation.  ...  The main purpose of this research is to examine the impact of small and medium scale enterprises on Nigeria economy growth and development.  ...  to rightly channel the concern of government towards small and medium sized enterprises because of the important roles that SME play in the process of industrialization and economic growth, SMEs immensely  ... 
doi:10.31871/wjir.8.3.30 fatcat:m4fujdsrhjcz3auea7kw6gexnu

Financial Management Practices by Small and Micro Enterprise Owners in Ghana - Evidence from the Central Region

John Kwaning Mbroh
2015 International Journal of Economics Finance and Management Sciences  
In Ghana, small and micro enterprise owners (SMEOs) face a lot of business management challenges and it is alleged that they suffer, mostly, in terms of their financial management practices.  ...  In all, 372 SMEOs responded and this was made up of the small enterprise segment (118) and the micro enterprises (254), selected from the twenty administrative district capitals in the Central Region of  ...  In his view, Kuffour (2008) noted that the role of small and medium scale enterprises in facilitating global economic development has attracted increasing attention over the past decade.  ... 
doi:10.11648/j.ijefm.20150305.21 fatcat:46vfgr7ehjggzcxlg5sc2iqxey

A Literature Review of the Influence of Commercial Credit on the Efficiency of Enterprise Capital Allocation

Xie Xinxiu, Liu Tinghua, Kou Fengjuan
2021 Journal of Finance Research  
macro-level, micro-level and economic effects of commercial credit; secondly, the measurement method of capital allocation efficiency And the influencing factors are systematically sorted out, and finally  ...  In view of this, this article combs the literature on commercial credit and capital allocation efficiency from the following aspects: firstly, by studying the literature, combing the literature on the  ...  (2) Agency issues between shareholders and company management The principal-agent relationship in the West is drawn under the background of "weak owners and strong managers".  ... 
doi:10.26549/jfr.v5i2.7746 fatcat:zvjdoe6nvbf57kz3ong3nu4pwu

Industry 4.0: Challenges and opportunities for Kazakhstan SMEs

Ali Turkyilmaz, Dinara Dikhanbayeva, Zhanybek Suleiman, Sabit Shaikholla, Essam Shehab
2021 Procedia CIRP  
After facing the social and economic effects of Coronavirus (Covid-19) global pandemic, the introduction of digitalization and moving toward Industry 4.0 has become not only emerging but essential for  ...  After facing the social and economic effects of Coronavirus (Covid-19) global pandemic, the introduction of digitalization and moving toward Industry 4.0 has become not only emerging but essential for  ...  Acknowledgments This research has been supported by Nazarbayev University Research Grants, No: 240919FD3919, "Industry 4.0 Assessment of SMEs in Kazakhstan".  ... 
doi:10.1016/j.procir.2021.01.077 fatcat:l4o33kbljfhv5owx6w6nnac56u
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