Ubais Parayil Iqbal, Lenin Kumar Nooney, Sobhith Mathew Jose, Sibi Abraham Chacho
{"title":"How did the SMEs weather the storm: An empirical inquiry into the working capital management during the times of external shock","authors":"Ubais Parayil Iqbal, Lenin Kumar Nooney, Sobhith Mathew Jose, Sibi Abraham Chacho","doi":"10.1080/26437015.2023.2201690","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201690","url":null,"abstract":"ABSTRACT Managing working capital is an all-time crucial managerial decision that has a direct impact on the financial performance of all businesses irrespective of size and regardless of economic condition. However, the management of operational capital during times of economic disruptions has received meager scholarly attention. Hence, the current study has tried to explore the working capital management practice followed by small and medium-sized enterprises (SMEs) in India during the COVID-19 pandemic period. The study followed a qualitative methodology and interviewed 18 SME owners from India and found that the changes happened among the working capital components during that period. The study results revealed that the behavioral pattern of creditors matured and the bargaining power that exists in the supply chain system has shifted from the corporate buyer to the supplier. The study result pointed out that it is highly advisable for SME owners to adopt a balanced approach toward working capital policy during times of vexation rather than moving toward a conservative or aggressive approach. In addition, practical implications and directions for future research attempts are also discussed.","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"222 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123301865","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Andrea Belén Arditi, María Isabel Camio, L. Velázquez, Fernando Errandosoro
{"title":"Early adoption of Industry 4.0 technologies in the agricultural sector: A phenomenological analysis","authors":"Andrea Belén Arditi, María Isabel Camio, L. Velázquez, Fernando Errandosoro","doi":"10.1080/26437015.2023.2201894","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201894","url":null,"abstract":"ABSTRACT The adoption of Industry 4.0 technologies is generating an expansion of new capabilities in traditional sectors such as agriculture, giving rise to the AgTech phenomenon. However, the speed of adoption varies according to the characteristics of farmers and the relationships between them and a set of actors within an ecosystem that can favor or hinder innovation. The literature recognizes the importance of early adopters in the process of technology diffusion. Therefore, this article aims to characterize the profile of early adopters of Industry 4.0 technologies and to identify the main drivers and obstacles in the process of early adoption in the agriculture. A phenomenological study was carried out in the region of Mar y Sierras in Argentina, and eight actors were interviewed. The findings allow the identification of key actors, considered as referents, outside the companies that offer or demand the technologies, who favor the early adoption. Emphasis is placed on the adoption of technologies that meet the real needs of the sector and the region to make their impact visible and generate a spillover effect among laggard adopters. This work highlights the different modalities of linkages between actors for the adoption and diffusion of new technologies. Finally, although the region is not a pioneer in the adoption of AgTechs, it is recognized that there is an institutional density that encourages the early adoption of technologies, which presents an opportunity for public policy makers to develop strategies and join public–private articulation efforts to dynamize the ecosystem.","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115461336","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Global scaling by SMEs: Role of innovation and technology","authors":"H. Osano","doi":"10.1080/26437015.2023.2201896","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201896","url":null,"abstract":"Abstract SMEs need to possess the capability to innovate and interact effectively with other firms in connected networks of shared production and innovation in order to effectively scale globally. The study used descriptive and inferential design. Correlations and multiple/multivariate regression analysis was used to determine the functional relationship between the independent variables and the dependent variable. The independent variables relating to innovation and technology are: new technologies, breakthrough/new-to-the market products, new and improved processes, incremental innovation, product replacement, acquisition of new technology, and extensive use of existing technology platforms. The dependent variable was global scaling by SMEs. The senior management of selected 205 firms were surveyed and 175 firms responded. The key findings from the research is that: there is a positive relationship between product replacement, acquisition of new technology, and use of existing technology platforms for and global scaling by SMEs. SMEs require to pursue incremental and radical innovations to stay competitive and scale globally but they have limited resources to undertake R&D and knowledge to protect their intellectual property. The implication for practice is a necessity for building robust entrepreneurial ecosystem to facilitate collaboration/networking and SMEs support to undertake R&D and to pursue incremental and radical innovations to stay competitive and scale globally. The implication for policy is a need for collaboration between industry, universities and government in pursuing policies for provision of resources for R&D and exposure of SMEs to critical technologies, particularly in areas of rapid technological changes, including industry 4.0 technologies, to facilitate global scaling.","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131317547","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Work organization and learning processes: A reflection on the concept of competences","authors":"Betiana Montenegro, Johana Herrera Gudiño, Mariana Ortiz","doi":"10.1080/26437015.2023.2201895","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201895","url":null,"abstract":"ABSTRACT The review of the literature on organizational learning argues that the process of competence acquisition and development is a crucial dimension of work organization. Currently, it is essential to foster their development in order to achieve competitiveness in a changing environment, especially in the context of new or small and medium-sized enterprises. The objective of this article is to analyze the concept of competences and its relevance for understanding changes in the organization of work and the generation of learning processes in firms. For the analysis, an exhaustive review of different academic texts is made, whose reflection on the evolution of the concept based on the idea of qualitative “leaps” in its construction, contributes to the understanding of the changes that occur at the intracompany level, and in the learning processes that they deploy.","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126467714","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Potential demand for microloans: A household-level study","authors":"S. Orazi, L. Martinez, M. Guercio, H. Vigier","doi":"10.1080/26437015.2023.2201897","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201897","url":null,"abstract":"ABSTRACT Having an inclusive financial system is an important tool for economic and social development. Given the lack of depth of financial markets in emerging economies, microfinance represents a paradigm shift. It involves incorporating instruments into the financial management of households that can lead to a genuine reduction in vulnerability by generating greater access to durable consumer goods or housing. For this reason, this article analyzed the characteristics of households excluded from formal financial services in the city of Bahía Blanca, Argentina, in 2021. Once identified, they were used to calculate the potential demand for microcredits (MCs). This allows measuring the importance of having an alternative to meet the unsatisfied demand for small-scale credit of the population excluded from the formal financial market. Comparing the unsatisfied needs with the actual supply of MCs, the results obtained show a considerable scope for developing MC institutions in the city (but also in Argentina).","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129373182","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
I. Milošević, A. Bass, Mary Uhl‐Bien, Nicholas Arreola, Erin Pleggenkuhle-Miles
{"title":"Firm growth through disruption: Insights into internal dynamics","authors":"I. Milošević, A. Bass, Mary Uhl‐Bien, Nicholas Arreola, Erin Pleggenkuhle-Miles","doi":"10.1080/26437015.2023.2201691","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201691","url":null,"abstract":"","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127062405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhibul Haq, Martin Johanson, Julie Davies, W. Ng, Léo-Paul Dana
{"title":"Human capital resources creation and utilization in ethnic minority microbusinesses: The construction of a culture-induced entrepreneurship model","authors":"Muhibul Haq, Martin Johanson, Julie Davies, W. Ng, Léo-Paul Dana","doi":"10.1080/26437015.2023.2201692","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201692","url":null,"abstract":"","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116123536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Strategic management of the agroindustrial network of first transformation in La Pampa, Argentina","authors":"Santiago Ferro Moreno, Santiago Agustín Perez","doi":"10.1080/26437015.2023.2201893","DOIUrl":"https://doi.org/10.1080/26437015.2023.2201893","url":null,"abstract":"ABSTRACT The objective of this work is to measure and analyze the management of resources and strategic capacities of the agroindustrial organizations of the first transformation of the province of La Pampa, Argentina. The strategic management of the network, measured in aggregate terms, can be classified as intermediate. The most positive aspects are maintaining the image of the company, the importance of price, and the strategic value that know-how has for businesses. As factors with performance to improve, there are the lack of conventions and agreements with scientific and technical organizations that promote innovation processes and the nonuse of a command board for the strategic and operational management of the business. The flour, dairy, and balanced food complexes were the ones that presented the best strategic management performance. The strategic management of first-transformation agroindustries is directly related to capacities (management training and seniority in the business) and resources (scale).","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"91 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121105149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
C. E. Hull, Jintong Tang, Francis Donbesuur, Samuel Adomako
{"title":"Specific innovativeness, digital entrepreneurship, and female entrepreneurs","authors":"C. E. Hull, Jintong Tang, Francis Donbesuur, Samuel Adomako","doi":"10.1080/26437015.2023.2199165","DOIUrl":"https://doi.org/10.1080/26437015.2023.2199165","url":null,"abstract":"ABSTRACT How does digital entrepreneurship help innovative, women entrepreneurs in emerging economies? Using strategic choice theory, we predict that specific innovativeness improves new venture performance, and that digital entrepreneurship enables innovativeness and increases its effect on performance. We also predict that innovative female entrepreneurs benefit more than male ones from a high degree of digital entrepreneurship. We confirm our hypotheses using primary data of entrepreneurs from Ghana (N = 199) and Vietnam (N = 223). We also conducted a series of robustness tests to validate our findings. We conclude that strategic choices among new ventures yield best results if bounded by prior strategic choice and specific innovativeness, enabled by a high degree of digital entrepreneurship, and enacted by women.","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124350287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"2022 SME World Forum","authors":"Rubén Ascúa, Ayman El tarabishy","doi":"10.1080/26437015.2023.2193349","DOIUrl":"https://doi.org/10.1080/26437015.2023.2193349","url":null,"abstract":"The mission of the Journal of the International Council for Small Business (JICSB) is to promote and share knowledge, accumulated through observation, research, and experimentation by researchers, educators, policy makers, and business owners, that will elevate micro-, small, and medium-sized enterprises (MSMEs) to have a more positive impact on their local communities and their stakeholders. This issue summarizes a selected group among the best contributions presented during the SME World Forum held in Rosario, Argentina, from October 31 to November 2, 2022, under the motto “We drive the world, we lead the future.” An expanded approach to creativity and innovation led by SMEs is required to participate in long-term growth. The SME World Forum Rosario 2022 aimed to contribute to the processes of innovation, creativity, efficiency, and ethical and sustainable economic development. Topics were related to environmental management, renewable energy, energy efficiency, internationalization, digital transformation, vectors of the fourth industrial revolution, education, new forms of work, and human capital formation. Technological change, the accelerated digitalization process, and the management of the technology–human labor linkage are fundamental elements of public policy intervention. In turn, the systemic vision of competitiveness adds a step: a technical and economic approach to connectivity infrastructure (ease of access and efficient costs), which goes beyond the company’s framework and encourages efficient public intervention. It is also interesting to observe the insertion of industrial SMEs in this new stage of internationalization and globalization post–coronavirus pandemic, given that the trend of efficiency gains in international logistics, a dynamic factor of globalization, has been exhausted. For this issue, five emerging research papers presented at the SME World Forum in Rosario have been selected, together with a special contribution by the secretary of university policies of Argentina on the role of the Argentine university system in the formation of human capital in SMEs. The selection follows the SMEs theme’s international linkage line, incorporating analyses of technological vectors in Industry 4.0 and innovation in the agricultural sector; the role of innovation and technology in the global competitiveness of manufacturing SMEs in Kenya; the process of learning and work for the organization as a key to the positive competitive evolution of SMEs; the potential demand for microcredits from families and the process of improving financial inclusion in a region of Argentina; strategic management in the primary JOURNAL OF THE INTERNATIONAL COUNCIL FOR SMALL BUSINESS 2023, VOL. 4, NO. 3, 225–229 https://doi.org/10.1080/26437015.2023.2193349","PeriodicalId":246224,"journal":{"name":"Journal of the International Council for Small Business","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134057090","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}