WorldWideScience

Sample records for matter experts smes

  1. Subject Matter Expert Workshop to Identify Cybersecurity ...

    Science.gov (United States)

    Report In recognition of the growing need to better address cyber risk and cyber management, the U.S. Environmental Protection Agency’s (EPA) National Homeland Security Research Center (NHSRC) held a Subject Matter Expert Workshop to Identify Cybersecurity Research Gaps and Needs of the Nation’s Water and Wastewater Systems Sector on March 30th and 31st, 2016, at the Ronald Reagan Building in Washington, D.C. The workshop was designed to create a forum for subject matter experts (SMEs) to exchange ideas and address important cybersecurity challenges facing the water sector.

  2. Girl Scouts and Subject Matter Experts: What’s the Connection?

    Science.gov (United States)

    Harman, Pamela; Girls Scouts of Northern California, Girl Scouts USA, Astronomical Society of the Pacifica, Univeristy of Arizona, and ARIES Scientific.

    2018-01-01

    Reaching for the Stars: NASA Science for Girl Scouts (Girl Scout Stars) fosters interaction between Girl Scouts and NASA Subject Matter Experts (SMEs), disseminates NASA STEM education-related resources, and engages Girl Scouts in NASA science and programs through space science badges and summer camps.A space science badge is in development for each of the six levels of Girl Scouts: Daisies, Grades K – 1; Brownies, Grades 2 -3; Juniors, Grades 4 -5; Cadettes, Grades 6 -8; Seniors, Grades 9 -10; and Ambassadors, Grades 11 -12. Indirectly, SMEs will reach tens of thousands of girls through the badges. SETI Institute SMEs Institute and SME Co-Is located at ARIES Scientific, Astronomical Society of the Pacific, University of Arizona, and Girl Scouts of Northern California developed and modified astronomy activities for the Girl Scouts USA badge writers to finesse into the Girl Scout formats. Revisions are reviewed by SMEs for accuracy. Each badge includes a step option that encourages girls to connect with SMEs, and recommendations for volunteers.A total of 127 girls from 31 states and the District of Columbia attendedTotal Eclipse Destination Camps at three locations. SMEs led activities and tours, inspiring girls to consider STEM careers. University of Arizona (U of A) SMEs lead Astronomy Camp for Volunteers, enabling volunteers to lead and inspire Girl Scouts in their respective Girl Scout Councils. A Destination Camp for Girl Scouts was also held at U of A. Girls experience authentic astronomy, learning how to collect and analyze data.Eleven teams comprised of two Girl Scouts, a volunteer or Council Staff, and an amateur astronomer attended Astronomy Club Camp, held at NASA GSFC. SMEs delivered science content. The girls will lead the formation of astronomy clubs in their councils, and will train their successors. SMEs will present and coach the clubs during monthly webinars.This presentation will highlight success and discuss lessons learned that are applicable

  3. Gender matters: Private sector training in Vietnamese SMEs

    DEFF Research Database (Denmark)

    Trifkovic, Neda; Bjerge, Benedikte Alkjærsig; Torm, Nina

    such training may be in closing the gender wage gap. We use a matched employer–employee panel dataset to assess why firms train and whether formal training affects wage outcomes in Vietnamese SMEs. Training is generally found to be firm-sponsored and specific in nature. We find that training is associated......, firm-sponsored on-the-job training helps close the gender wage gap.......In many developing countries the skill base is a cause of concern with respect to international competition. Firm-provided training is generally seen as an important tool for bridging the skills gap between labour force and private sector demand. Yet little is known about how successful...

  4. A Subject Matter Expert View of Curriculum Development.

    Science.gov (United States)

    Milazzo, M. P.; Anderson, R. B.; Edgar, L. A.; Gaither, T. A.; Vaughan, R. G.

    2017-12-01

    In 2015, NASA selected for funding the PLANETS project: Planetary Learning that Advances the Nexus of Engineering, Technology, and Science. The PLANETS partnership develops planetary science and engineering curricula for out of classroom time (OST) education settings. This partnership is between planetary science Subject Matter Experts (SMEs) at the US Geological Survey (USGS), curriculum developers at the Boston Museum of Science (MOS) Engineering is Everywhere (EiE), science and engineering teacher professional development experts at Northern Arizona University (NAU) Center for Science Teaching and Learning (CSTL), and OST teacher networks across the world. For the 2016 and 2017 Fiscal Years, our focus was on creating science material for two OST modules designed for middle school students. We have begun development of a third module for elementary school students. The first model teaches about the science and engineering of the availability of water in the Solar System, finding accessible water, evaluating it for quality, treating it for impurities, initial use, a cycle of greywater treatment and re-use, and final treatment of blackwater. This module is described in more detail in the abstract by L. Edgar et al., Water in the Solar System: The Development of Science Education Curriculum Focused on Planetary Exploration (233008) The second module involves the science and engineering of remote sensing in planetary exploration. This includes discussion and activities related to the electromagnetic spectrum, spectroscopy and various remote sensing systems and techniques. In these activities and discussions, we include observation and measurement techniques and tools as well as collection and use of specific data of interest to scientists. This module is described in more detail in the abstract by R. Anderson et al., Remote Sensing Mars Landing Sites: An Out-of-School Time Planetary Science Education Activity for Middle School Students (232683) The third module

  5. Planetary Exploration Education: As Seen From the Point of View of Subject Matter Experts

    Science.gov (United States)

    Milazzo, M. P.; Anderson, R. B.; Gaither, T. A.; Vaughan, R. G.

    2016-12-01

    Planetary Learning that Advances the Nexus of Engineering, Technology, and Science (PLANETS) was selected as one of 27 new projects to support the NASA Science Mission Directorate's Science Education Cooperative Agreement Notice. Our goal is to develop and disseminate out-of-school time (OST) curricular and related educator professional development modules that integrate planetary science, technology, and engineering. We are a partnership between planetary science Subject Matter Experts (SMEs), curriculum developers, science and engineering teacher professional development experts and OST teacher networks. The PLANETS team includes the Center for Science Teaching and Learning (CSTL) at Northern Arizona University (NAU); the U.S. Geological Survey (USGS) Astrogeology Science Center (Astrogeology), and the Boston Museum of Science (MOS). Here, we present the work and approach by the SMEs at Astrogeology. As part of this overarching project, we will create a model for improved integration of SMEs, curriculum developers, professional development experts, and educators. For the 2016 and 2017 Fiscal Years, our focus is on creating science material for two OST modules designed for middle school students. We will begin development of a third module for elementary school students in the latter part of FY2017. The first module focuses on water conservation and treatment as applied on Earth, the International Space Station, and at a fictional Mars base. This unit involves the science and engineering of finding accessible water, evaluating it for quality, treating it for impurities (i.e., dissolved and suspended), initial use, a cycle of greywater treatment and re-use, and final treatment of blackwater. The second module involves the science and engineering of remote sensing as it is related to Earth and planetary exploration. This includes discussion and activities related to the electromagnetic spectrum, spectroscopy and various remote sensing systems and techniques. In

  6. Supervising and Controlling Unmanned Systems: A Multi-Phase Study with Subject Matter Experts

    Science.gov (United States)

    Porat, Talya; Oron-Gilad, Tal; Rottem-Hovev, Michal; Silbiger, Jacob

    2016-01-01

    Proliferation in the use of Unmanned Aerial Systems (UASs) in civil and military operations has presented a multitude of human factors challenges; from how to bridge the gap between demand and availability of trained operators, to how to organize and present data in meaningful ways. Utilizing the Design Research Methodology (DRM), a series of closely related studies with subject matter experts (SMEs) demonstrate how the focus of research gradually shifted from “how many systems can a single operator control” to “how to distribute missions among operators and systems in an efficient way”. The first set of studies aimed to explore the modal number, i.e., how many systems can a single operator supervise and control. It was found that an experienced operator can supervise up to 15 UASs efficiently using moderate levels of automation, and control (mission and payload management) up to three systems. Once this limit was reached, a single operator's performance was compared to a team controlling the same number of systems. In general, teams led to better performances. Hence, shifting design efforts toward developing tools that support teamwork environments of multiple operators with multiple UASs (MOMU). In MOMU settings, when the tasks are similar or when areas of interest overlap, one operator seems to have an advantage over a team who needs to collaborate and coordinate. However, in all other cases, a team was advantageous over a single operator. Other findings and implications, as well as future directions for research are discussed. PMID:27252662

  7. Supervising and Controlling Unmanned Systems: A Multi-Phase Study with Subject Matter Experts.

    Science.gov (United States)

    Porat, Talya; Oron-Gilad, Tal; Rottem-Hovev, Michal; Silbiger, Jacob

    2016-01-01

    Proliferation in the use of Unmanned Aerial Systems (UASs) in civil and military operations has presented a multitude of human factors challenges; from how to bridge the gap between demand and availability of trained operators, to how to organize and present data in meaningful ways. Utilizing the Design Research Methodology (DRM), a series of closely related studies with subject matter experts (SMEs) demonstrate how the focus of research gradually shifted from "how many systems can a single operator control" to "how to distribute missions among operators and systems in an efficient way". The first set of studies aimed to explore the modal number, i.e., how many systems can a single operator supervise and control. It was found that an experienced operator can supervise up to 15 UASs efficiently using moderate levels of automation, and control (mission and payload management) up to three systems. Once this limit was reached, a single operator's performance was compared to a team controlling the same number of systems. In general, teams led to better performances. Hence, shifting design efforts toward developing tools that support teamwork environments of multiple operators with multiple UASs (MOMU). In MOMU settings, when the tasks are similar or when areas of interest overlap, one operator seems to have an advantage over a team who needs to collaborate and coordinate. However, in all other cases, a team was advantageous over a single operator. Other findings and implications, as well as future directions for research are discussed.

  8. NASA's Universe of Learning: The Integral Role of Research Astronomers and Other Subject Matter Experts

    Science.gov (United States)

    Lee, Janice; Universe of Learning Team

    2018-01-01

    Astronomy seeks to understand the workings of the Universe on its largest scales, and to answer fundamental questions about the story of our origins. The science of astronomy thus naturally lends itself to informal education and public outreach activities, as it broadly captures the human imagination. There are at least three overall goals for investment of resources in Astronomy E/PO: to interest students in pursuing STEM education and careers; to develop Astronomy as context for teaching more basic physical and computer science in service of US National Education Goals; to help motivate continued public support of federally funded Astronomy research and technology development. Providing a full spectrum of opportunities for the public to learn about recent Astronomy discoveries is key to achieving these societal goals. Thus, the E/PO professional community must have an understanding of recent scientific/technological results, and engage with the researchers who are creating new knowledge to explicate that knowledge to the public. It stands to reason that researchers (or “subject matter experts, SMEs”) must be involved in and remain connected to the E/PO endeavor. In this talk, I will describe how research astronomers and other SMEs play an integral role in a full range of informal education programming developed by the NASA Universe of Learning collaboration, and opportunities to get involved.

  9. CosmoQuest: Supporting Subject Matter Experts in Broadening the Impacts of their Work beyond their Institutional Walls.

    Science.gov (United States)

    Noel-Storr, J.; Buxner, S.; Grier, J.; Gay, P.

    2016-12-01

    CosmoQuest is a virtual research facility, which, like its physical counterparts, provides tools for scientists to acquire reduced data products (thanks to our cadre of citizen scientists working to analyze images and produce results online), and also to participate in education and outreach activities either directly through CosmoQuest activities (such as CosmoAcademy and the Educators' Zone) or with the support of CosmoQuest. Here, we present our strategies to inspire, engage and support Subject Matter Experts (SMEs - Scientists, Engineers, Technologists and Mathematicians) in activities outside of their institutions, and beyond college classroom teaching. We provide support for SMEs who are interested in increasing the impacts of their science knowledge and expertise by interacting with people online, or in other venues outside of their normal work environment. This includes a broad spectrum of opportunities for those interested in hosting webinars; running short courses for the public; using Facebook, Twitter or other social media to communicate science; or other diverse activities such as supporting an open house, science fair, or star party. As noted by Katheryn Woods-Townsend and colleagues, "...face-to-face interactions with scientists allowed students to view scientists as approachable and normal people, and to begin to understand the range of scientific areas and careers that exist. Scientists viewed the scientist-student interactions as a vehicle for science communication" (2015). As CosmoQuest fosters these relationships, it We present a framework for SMEs which combine opportunities for continuing professional development (virtually and in person at conferences) with ongoing online support, creating a dynamic professional learning network. The goal of this is to deepen SME capacity-knowledge, attitudes and behaviors-both encouraging and empowering them to connect to broader audiences in new ways.

  10. How Relational Capabilities Matter? Organizational Context and Performance of Internationally Oriented SMEs

    Directory of Open Access Journals (Sweden)

    Mariola Ciszewska-Mlinarič

    2012-12-01

    Full Text Available The article sheds light on the organizational context enhancing development of relational capabilities and examines the significance of relational capabilities for SMEs’ financial and non-financial performance. The firm relational capability is measured separately in customers’ and suppliers’ networks. The research results reveal that fostering internal social capital coupled with the usage of economic motivators augment a firm relational capability in a supplier network, which in turn is associated with better performance results, both financial and non-financial. The results on relational capability in a customer network with respect to performance are less conclusive, indicating that vertical ties that internationally oriented SMEs develop (with suppliers and customers are not of equal importance.

  11. Expert and Naive Raters Using the PAG: Does it Matter?

    Science.gov (United States)

    Cornelius, Edwin T.; And Others

    1984-01-01

    Questions the observed correlation between job experts and naive raters using the Position Analysis Questionnaire (PAQ); and conducts a replication of the Smith and Hakel study (1979) with college students (N=39). Concluded that PAQ ratings from job experts and college students are not equivalent and therefore are not interchangeable. (LLL)

  12. Materiality Analysis for CSR Reporting in Spanish SMEs

    Directory of Open Access Journals (Sweden)

    Elena Escrig-Olmedo

    2012-01-01

    Full Text Available Most corporate social responsibility (CSR standards have not been designedto be implemented in small and medium sized enterprises (SMEs. Giventhat 99% of Spanish companies are SMEs, this study aims to propose aselection of basic CSR material issues that, because of their usefulness andsignificance, should be adapted to Spanish SMEs and their stakeholders.This study provides a CSR model for SMEs that includes the most importantsocial, environmental, and corporate governance issues. This model, whichis based on expert knowledge, is useful for integrating sustainability in themanagement of SMEs and enhancing the management of stakeholders.

  13. Stakeholders or subject matter experts, who should be consulted?

    International Nuclear Information System (INIS)

    Alberts, Daniel J.

    2007-01-01

    The Energy Office of Michigan asked Lawrence Technological University (LTU) to conduct Delphi Inquires into wind turbine noise and wildlife issues. These inquiries collected and analyzed stakeholders' perceptions of how to address turbine noise and potential wildlife impacts in the Michigan Siting Guidelines for Wind Energy Systems. This paper uses Beierle and Cayford's conceptual framework for evaluating the success of public participation to compare the two inquiries. Beierle and Cayford's framework identifies five social goals for public participation in policy development: incorporating public values into decisions, improving the substantive quality of decisions, resolving conflict among competing interests, building trust in institutions, and educating and informing the public. The framework also identifies several process elements that contribute to the success of meeting those goals. This paper examines how the participants' prior experience with each issue influenced two important elements of the participation process: the participants' ability to engage in meaningful discourse and their ability to exert control over the process. This paper examines how some participants' inexperience prevented them from effectively participating in the process of developing wind energy policy; demonstrating that it can be more productive to seek input primarily from technical experts than to seek consensus from all stakeholders

  14. Major dealers' expert power in distribution channels

    OpenAIRE

    Richard Chinomona; Marius Pretorius

    2011-01-01

    The importance of major dealers' expertise in distribution channels and effects on exchange relations is widely acknowledged by many SMEs in Africa and yet there seem to be a paucity of research on this matter. To address this dearth, the current study attempts to examine the relationship between major dealers' expert power and SME manufacturers' channel cooperation and the mediating influence of their trust, relationship commitment and satisfaction. The conceptualized model and five hypothes...

  15. Major dealers' expert power in distribution channels

    Directory of Open Access Journals (Sweden)

    Richard Chinomona

    2011-06-01

    Full Text Available The importance of major dealers’ expertise in distribution channels and effects on exchange relations is widely acknowledged by many SMEs in Africa and yet there seem to be a paucity of research on this matter. To address this dearth, the current study attempts to examine the impact of major dealers’ expert power on SME manufacturers’ channel cooperation and the mediating influence of their trust, relationship commitment and satisfaction. The conceptualized model and five hypotheses are empirically validated using a sample of 452 manufacturing SMEs in Zimbabwe. The findings indicate that major dealers’ expert power may influence SME manufacturers’ trust, relationship commitment, relationship satisfaction and channel cooperation in a significant way. Managerial implications of the research findings are provided.

  16. Islamic finance for SMES

    OpenAIRE

    ELASRAG, Hussein

    2016-01-01

    Abstract. Small and Medium Enterprises (SMEs) make up the bulk of the economic tissue of the economy. In developing countries, they represent the majority of employment, including female employment. Investing in SMEs is a long-term and smart strategy, with sustainable returns that multiply across regions, countries and societies. SMEs constitute the overwhelming majority of firms. Globally, SMEs make up over 95% of all firms, account for approximately 50% of GDP and 60%–70% of total employmen...

  17. Participatory Innovation in SMEs

    DEFF Research Database (Denmark)

    Buur, Jacob; de Lille, Christine

    2010-01-01

    (SME) fare in this respect? Some literature is known in this context, Heiskanen et al. (2007) provide many insights on working with SMEs, especially on technology oriented SMEs. De Lille et al. (2009) gives an overview of problems designers experience when conducting user studies. Asboe (2009) provides...... an anthropologists perspective on user studies within SMEs....

  18. What Do Subject Matter Experts Have to Say about Participating in Education and Outreach?

    Science.gov (United States)

    Manning, Colleen; NASA's Universe of Learning Team

    2018-01-01

    NASA’s Universe of Learning partners wish to actively engage with Subject Matter Experts (scientists and engineers) throughout the design, development, and delivery of products, programs, and professional development. In order to ensure these engagement efforts aligned with the needs of Subject Matter Experts, the external evaluators conducted an online survey. The subject pool included the scientists and engineers employed at the partner organizations as well as other scientists and engineers affiliated with NASA’s Astrophysics missions and research programs. This presentation will describe scientists’/engineers’ interest in various types of education/outreach, their availability to participate in education/outreach, factors that would encourage their participation in education/outreach, and the preparation and support they have for participation in education/outreach.

  19. FINANCIAL MANAGEMENT IN SMEs

    Directory of Open Access Journals (Sweden)

    Mehmet APAN

    2014-07-01

    Full Text Available SMEs, 99.90% of the firms operating in Turkey. On the other hand the share of employment, investment as a percentage of the total value of the share and the share of exports and SME s, has become an important player for the national economy. In contrast, the share of SMEs in total loans is lower compared to developed countries. Of foreigners to enter the Turkish banking sector to SMEs facing increasing competition and product diversit y with an increase in loans to the SMEs has been increasing interest. ISO detection research commissioned in 2013 by the economic situation; business of 47.9% has been found that there is a shortage of funding. In this context, SMEs by the end of 2013, the loans from banks by 25.9% of the amount realized. These two results, especially in SMEs financing in enterprises is an important issue reveals.

  20. Purchasing practices in SMEs

    DEFF Research Database (Denmark)

    Skjøtt-Larsen, Tage; Bagchi, Prabir K.

    2007-01-01

    The purpose of this paper is to develop a knowledge and understanding of purchasing practices of SMEs in Denmark. The paper is based on the results from a survey among 94 Danish SMEs, mainly within machinery, electronics and electrical, transportation equipment, and medical equipment industries....... The results are compared with a similar study encompassing 224 SMEs in Indiana, USA. First, the level of purchasing complexity is discussed. There are similarities between the two surveys in terms of purchasing's influence on product quality and productivity, and percentage of total costs. However, the degree...... on the results from the two surveys, we discuss the managerial and research implications for purchasing practices in SMEs....

  1. NASA’s Universe of Learning: Engaging Subject Matter Experts to Support Museum Alliance Science Briefings

    Science.gov (United States)

    Marcucci, Emma; Slivinski, Carolyn; Lawton, Brandon L.; Smith, Denise A.; Squires, Gordon K.; Biferno, Anya A.; Lestition, Kathleen; Cominsky, Lynn R.; Lee, Janice C.; Rivera, Thalia; Walker, Allyson; Spisak, Marilyn

    2018-06-01

    NASA's Universe of Learning creates and delivers science-driven, audience-driven resources and experiences designed to engage and immerse learners of all ages and backgrounds in exploring the universe for themselves. The project is a unique partnership between the Space Telescope Science Institute, Caltech/IPAC, Jet Propulsion Laboratory, Smithsonian Astrophysical Observatory, and Sonoma State University and is part of the NASA SMD Science Activation Collective. The NASA’s Universe of Learning projects pull on the expertise of subject matter experts (scientist and engineers) from across the broad range of NASA Astrophysics themes and missions. One such project, which draws strongly on the expertise of the community, is the NASA’s Universe of Learning Science Briefings, which is done in collaboration with the NASA Museum Alliance. This collaboration presents a monthly hour-long discussion on relevant NASA astrophysics topics or events to an audience composed largely of informal educators from informal learning environments. These professional learning opportunities use experts and resources within the astronomical community to support increased interest and engagement of the informal learning community in NASA Astrophysics-related concepts and events. Briefings are designed to create a foundation for this audience using (1) broad science themes, (2) special events, or (3) breaking science news. The NASA’s Universe of Learning team engages subject matter experts to be speakers and present their science at these briefings to provide a direct connection to NASA Astrophysics science and provide the audience an opportunity to interact directly with scientists and engineers involved in NASA missions. To maximize the usefulness of the Museum Alliance Science Briefings, each briefing highlights resources related to the science theme to support informal educators in incorporating science content into their venues and/or interactions with the public. During this

  2. Creating resilient SMEs

    DEFF Research Database (Denmark)

    Dahlberg, Rasmus; Guay, Fanny

    2015-01-01

    According to the EU, during the past five years, small and medium enterprises (SMEs) have created 85% of new jobs and two-thirds of private sector employment in the region. SMEs are considered the backbone of the economy in Europe and represent more than 95% of enterprises in USA and Australia....... They are considered more vulnerable to disasters because of their size. This paper argues, on the contrary, that SMEs also can be less vulnerable to sudden change than large corporations, drawing upon the ideas of Hayek and Taleb, and that networks of SMEs may contribute to the overall resilience of society...... if certain criteria are met. With this in mind, this paper will be examining how to create resilient SMEs. A well-known concept in the field is business continuity management. BCM is defined as “a holistic management process that identifies potential threats to an organization and the impacts to business...

  3. CSR in SMEs

    DEFF Research Database (Denmark)

    Lund-Thomsen, Peter; Jamali, Dima; Vives, Antonio

    Small and medium-sized enterprises (SMEs) account for more than 90% of the world’s enterprises and 50-60% of employment. Their contribution to national and regional economic development and GDP growth is well-recognized (Morsing & Perrini 2009, Srinivasan & Bolar, Under Review). In fact, SMEs...... are thought to have enhanced local productive capacities, fostered innovation and entrepreneurship, and attracted foreign direct investment in both developed and developing countries (Raynard and Forstater 2002). However, whereas SMEs account for more than 60% of employment in developing countries...... (Fox, 2005). In fact, when it comes to their role in promoting corporate social responsibility (CSR) in developing countries, the verdict is still out there in terms of the extent to which SMEs engage in CSR, and whether their CSR involvement makes any difference to the profitability of firms, workers...

  4. The Knowledge Base of Subject Matter Experts in Teaching: A Case Study of a Professional Scientist as a Beginning Teacher

    Science.gov (United States)

    Diezmann, Carmel M.; Watters, James J.

    2015-01-01

    One method of addressing the shortage of science and mathematics teachers is to train scientists and other science-related professionals to become teachers. Advocates argue that as discipline experts these career changers can relate the subject matter knowledge to various contexts and applications in teaching. In this paper, through interviews and…

  5. CSR in SMEs

    DEFF Research Database (Denmark)

    Lund-Thomsen, Peter; Jamali, Dima; Vives, Antonio

    2014-01-01

    perspectives on CSR in developing countries, and the literature on CSR and SMEs in the developing world, we analyze the potential and limits of donor-financed management tools aimed at promoting CSR in developing country SMEs. Design/methodology/approach - Using official UN and OECD lists of all multilateral...... and bilateral donor agencies we identified 38 donors that might have produced such CSR tools. We contacted them via e-mail and/or telephone, and conductied an extensive internet search with the aim of identifying whether they had developed management tools aimed at promoting CSR in SMEs in developing countries...... aspects of CSR which have been prominently highlighted in the SME-CSR literature; and 3) the extent to which these tools accord attention to the paramount concern for poverty alleviation in developing countries. Findings - Overall, the analysis testifies to the continued predominant orientation...

  6. Romanian SMEs Financing Options:

    Directory of Open Access Journals (Sweden)

    Ioan E. Nistor

    2013-11-01

    Full Text Available One of the most pressing problems faced by micro, small and medium sized enterprises (henceforth SMEs in Europe is the access to sufficient funds to sustain their long term growth. Romanian SMEs make no exception. In this context the present paper focuses on analyzing the extent to which external funding sources have contributed to the value added created by the Romanian SMEs between 2007 and 2011.The investigation’s results indicate the existence of a causal link between some forms of external financing (namely bank loans, leasing, factoring, guarantee products and European funds and the value added created by the Romanian micro, small and medium sized enterprises in the aforementioned period.

  7. Innovation Leadership in Danish SMEs

    DEFF Research Database (Denmark)

    Abdullah, Maizura Ailin; Lindgren, Peter

    2008-01-01

    to reflect upon today's developments in innovation.  For this, we propose SMEs to "lead" innovation, i.e. innovation leadership, in order to succeed in today's volatile business environment.  Innovation leadership is a strategic way of thinking and practice innovation that is applicable to all organizations......, but especially in SMEs. This is because SMEs are flexible, lightly-structured and thus can adapt to the requirements of the innovation leadership model. Unfortunately SMEs also lack multiple resources that are needed in order to lead innovation. This paper discusses the potential of innovation leadership in SMEs...

  8. Sustainability in SMEs

    DEFF Research Database (Denmark)

    Jahanshahi, Asghar Afshar; Brem, Alexander

    2017-01-01

    with their innovativeness and sustainability orientation. To accomplish this, we surveyed 40 TMTs in Iranian small- and medium-sized enterprises (SMEs) at two points in time. We ran a hierarchical multiple regression in order to test the hypotheses of the study. Building a theoretical model based on the Upper...

  9. SMEs in Europe 2003

    NARCIS (Netherlands)

    A.R. Thurik (Roy); D.B. Audretsch (David); T. Kwaak; N. Bosma (Niels)

    2004-01-01

    textabstractEntrepreneurship and SMEs have emerged as the engine of economic and social development throughout the world. The role of entrepreneurship has changed dramatically and fundamentally, so that it is now seen as a requisite ingredient generating employment, economic growth and international

  10. Exploring the brains of Baduk (Go experts: gray matter morphometry, resting-state functional connectivity, and graph theoretical analysis

    Directory of Open Access Journals (Sweden)

    Wi Hoon eJung

    2013-10-01

    Full Text Available One major characteristic of experts is intuitive judgment, which is an automatic process whereby patterns stored in memory through long-term training are recognized. Indeed, long-term training may influence brain structure and function. A recent study revealed that chess experts at rest showed differences in structure and functional connectivity (FC in the head of caudate, which is associated with rapid best next-move generation. However, less is known about the structure and function of the brains of Baduk experts compared with those of experts in other strategy games. Therefore, we performed voxel-based morphometry and FC analyses in Baduk experts to investigate structural brain differences and to clarify the influence of these differences on functional interactions. We also conducted graph theoretical analysis to explore the topological organization of whole-brain functional networks. Compared to novices, Baduk experts exhibited decreased and increased gray matter volume in the amygdala and nucleus accumbens, respectively. We also found increased FC between the amygdala and medial orbitofrontal cortex and decreased FC between the nucleus accumbens and medial prefrontal cortex. Further graph theoretical analysis revealed differences in measures of the integration of the network and in the regional nodal characteristics of various brain regions activated during Baduk. This study provides evidence for structural and functional differences as well as altered topological organization of the whole-brain functional networks in Baduk experts. Our findings also offer novel suggestions about the cognitive mechanisms behind Baduk expertise, which involves intuitive decision-making mediated by somatic marker circuitry and visuospatial processing.

  11. Cryogenics for SMES

    International Nuclear Information System (INIS)

    McIntosh, G.E.

    1981-01-01

    A wide-ranging study of superconducting magnetic energy storage (SMES) structural and cryogenic requirements was made. Concepts and computational methods have been developed for all of the major problems in these areas. Design analyses have been made to provide more detailed information on some items and experimental work has been performed to create data bases in the areas of superfluid heat transfer, superfluid dielectric properties, heat transfer from conductors, and in the thermal and mechanical properties of materials at low temperatures. In most cases optimum solutions have not been made because of the developing nature of the overall study but methodology for optimization has been worked out for essentially all SMES cryogenic and structural elements. The selection of 1.8 K cooling and all aluminum systems in bedrock continues to be the best choice

  12. Control of SMES

    International Nuclear Information System (INIS)

    Murakami, Y.; Sugita, M.; Kiuchi, T.; Okuda, H.

    1981-01-01

    The use of a thyristor Graetz bridge as the interface between the 3-phase ac source and the superconducting magnet (SM) has become standard in superconducting magnetic energy storage (SMES). In the future, the bridge will be DDC (direct digital control) controlled by microprocessors and the higher computations, such as the strategy for economical operation of the SMES plant will be computed by a large-scale computer resulting in a hierarchical control scheme. Some of the problems of DDC control of a SM are discussed, control schemes for effective and reactive power are compared, and the control system for the sequential control of a 0.5 MJ pulsed magnet, which is under construction, is described

  13. SMEs, Growth, and Poverty

    OpenAIRE

    Beck, Thorsten; Demirgüç-Kunt, Asli

    2004-01-01

    This Note explores the relationship between the size of the small and medium-size enterprise (SME) sector and economic growth and poverty reduction. A new study finds no support for the widely held belief that SMEs promote higher growth and lower pover ty. But it does provide some support for the view that the quality of the business environment facing all firms, large and small, influen...

  14. SMES, design and applications

    International Nuclear Information System (INIS)

    Juengst, K.P.

    1993-01-01

    Present days' electric power supply of many countries are mature densely meshed systems delivering electric energy at nearly any place, at any time, of any amount, and at a high level of quality. As there is little energy stored intrinsically in the electric system, load variations have to be followed by control of the generation system. At present e.g. fast changes are handled through a permanent reserve of 2.5 % in the power plants. This reserve must be activated within 5 s. The system, however, may have to face more difficulties in future due to trends on either side of suppliers and consumers of electric power. The power production becomes more complex, in some countries the distances between production and consumption may grow, there will be more competition among suppliers, the acceptance of new power stations and transmission lines is uncertain, industry expands at places with insufficient infrastructure, and more industrial customers need high power quality. A way out can be offered by application of SMES, e.g. a reasonable way to keep power quality is to add more storage of energy in a rapidly and easily available and effective form. The SMES system (Superconducting Magnetic Energy Storage), therefore, has found renewed interest. The special features of SMES are highly attractive such as direct storage of electric energy, high power extraction out of little stored energy, capability of frequent and even deep discharges, response to demand within milliseconds, simultaneous supply of active and reactive power, long lifetime, and no environmental problems. (orig.)

  15. The Ideal Criteria of Supplier Selection for SMEs Food Processing Industry

    Directory of Open Access Journals (Sweden)

    Ramlan Rohaizan

    2016-01-01

    Full Text Available Selection of good supplier is important to determine the performance and profitability of SMEs food processing industry. The lack of managerial capability on supplier selection in SMEs food processing industry affects the competitiveness of SMEs food processing industry. This research aims to determine the ideal criteria of supplier for food processing industry using Analytical Hierarchy Process (AHP. The research was carried out in a quantitative method by distributing questionnaires to 50 SMEs food processing industries. The collected data analysed using Expert Choice software to rank the supplier selection criteria. The result shows that criteria for supplier selection are ranked by cost, quality, service, delivery and management and organisation while purchase cost, audit result, defect analysis, transportation cost and fast responsiveness are the first five sub-criteria. The result of this research intends to improve managerial capabilities of SMEs food processing industry in supplier selection.

  16. Sustainable innovations in Dutch SMEs

    International Nuclear Information System (INIS)

    Bertens, C.; Snoei, J.

    2011-11-01

    The 'Dutch Monitor Determinanten Bedrijfsprestaties in het MKB' (Determinants Company Performance Monitoring SMEs) has consulted almost 3.500 persons in SMEs on a number of questions, including on innovations. 40% of these persons perceive market opportunities for sustainable products, whereas only 25% of these businesses actually tries to capitalize on these opportunities. [nl

  17. Effective growth paths for SMEs

    NARCIS (Netherlands)

    Wakkee, I.A.M.; van der Veen, M.; Eurlings, W.

    2015-01-01

    How firms grow forms a key question in the research on small and medium-sized enterprises (SMEs). Based on a survey amongst 1,535 SMEs, we show that the presence of growth capability factors, such as, innovation capacity, financing capacity and human capital, offers inadequate explanation for

  18. Exploring manufacturing solutions for SMEs

    DEFF Research Database (Denmark)

    Radziwon, Agnieszka; Blichfeldt, Henrik; Bilberg, Arne

    This exploratory study provides an overview over current state of manufacturing solutions in small and medium sized enterprises (SMEs) in region of Southern Denmark. Building on manufacturing paradigms, this paper reveals relevant aspects for the development and implementation of improving SMEs...... of manufacturing solutions, which are required to increase their competitiveness and assure sustainable growth....

  19. SMEs in Their Own Right

    DEFF Research Database (Denmark)

    Tran, Angie Ngoc; Jeppesen, Søren

    2016-01-01

    This article contributes to the limited literatures on small- and medium-size enterprises (SMEs) and corporate social responsibility (CSR). Using an institutional theoretical framework, we analyzed fieldwork interviews with twenty SMEs and perspectives of 165 SME managers and workers in textiles,...

  20. SMEs and international partner search

    NARCIS (Netherlands)

    Tan, W.L.

    2010-01-01

    Globalization has necessitated the internationalization on the part of SMEs. SMEs suffer from a number of handicaps when they venture overseas: the liability of size and liability of newness to the foreign markets. International cooperation is a key means for their internationalization. This thesis

  1. Which Dimensions of Patient-Centeredness Matter? - Results of a Web-Based Expert Delphi Survey.

    Directory of Open Access Journals (Sweden)

    Jördis M Zill

    Full Text Available Present models and definitions of patient-centeredness revealed a lack of conceptual clarity. Based on a prior systematic literature review, we developed an integrative model with 15 dimensions of patient-centeredness. The aims of this study were to 1 validate, and 2 prioritize these dimensions.A two-round web-based Delphi study was conducted. 297 international experts were invited to participate. In round one they were asked to 1 give an individual rating on a nine-point-scale on relevance and clarity of the dimensions, 2 add missing dimensions, and 3 prioritize the dimensions. In round two, experts received feedback about the results of round one and were asked to reflect and re-rate their own results. The cut-off for the validation of a dimension was a median < 7 on one of the criteria.105 experts participated in round one and 71 in round two. In round one, one new dimension was suggested and included for discussion in round two. In round two, this dimension did not reach sufficient ratings to be included in the model. Eleven dimensions reached a median ≥ 7 on both criteria (relevance and clarity. Four dimensions had a median < 7 on one or both criteria. The five dimensions rated as most important were: patient as a unique person, patient involvement in care, patient information, clinician-patient communication and patient empowerment.11 out of the 15 dimensions have been validated through experts' ratings. Further research on the four dimensions that received insufficient ratings is recommended. The priority order of the dimensions can help researchers and clinicians to focus on the most important dimensions of patient-centeredness. Overall, the model provides a useful framework that can be used in the development of measures, interventions, and medical education curricula, as well as the adoption of a new perspective in health policy.

  2. Supporting SMEs in creating jobs

    Directory of Open Access Journals (Sweden)

    Daniela PASNICU

    2018-03-01

    Full Text Available SMEs are the most dynamic sector of the economy, representing a key factor in employment growth. Although SMEs have been severely affected by the economic crisis from 2008, they continue to be a more and more important source of generating jobs, regardless of size class. Given the differentiated contribution of SMEs to job creation as a result of their heterogeneity, the article analyses the dynamics of staff in enterprises by size classes and activities of the national economy. The statistical analysis is followed by a SWOT analysis of policies and tools to support SMEs in creating jobs both with direct action - management, recruitment, training and indirectly action by addressing general business issues. Measures that support the economic growth of SMEs through internationalization, innovation and improved access to finance foster competitiveness and, implicitly, the creation of new jobs.

  3. SMEs, Institutions and Performance

    DEFF Research Database (Denmark)

    Jensen, Camilla; Low, Mei Peng

    2013-01-01

    for combining the resource-based theory with an institutions-based approach towards constructing a more practical and empirical oriented analytical framework. After the preliminary discussion and introduction to the different theories used, the authors then take a focus on the analytical framework used to study......This chapter addresses at the outset the topic of SMEs and economic development from an institutions perspective. The authors argue that the transaction cost theory is not helpful towards understanding the role that institutions play for SME performance for several reasons. Instead, they argue...

  4. THE COMPARISON OF CAPITALSTRUCTURE DETERMINANTSBETWEEN SMALL AND MEDIUM ENTERPRISES(SMEs AND LARGEFIRMS IN MALAYSIA

    Directory of Open Access Journals (Sweden)

    Asmawi Noor Saarani

    2013-01-01

    Full Text Available The objective of the paper isto analyze the determinants of capital structure offirms, by comparing Small and Medium Enterprises (SMEs and large firms.SMEs in Malaysia play a significantrole in the national economy. However,contribution of Malaysian SMEs to economy is not up to themark to selectedbenchmarking countries such as South Korea and Japan. One of major reasons isfinancial constraint. Given that theresource of financial assistance fromgovernment is limited, concentration has tobe given to potential firms which arelisted as Enterprise 50 (E50. E50 is a prestigious awards program to recognizethe achievements of SMEs. Panel data analysis has been used to test thedeterminants of capital structure, indicatedby the leverage ratio of the firms. Theindependent variables are asset tangibility, profitability, non-debt tax shield,liquidity, age and size. Evaluation isbased on financial data of 285 firmsconsisting of 91 SMEs and 194 large firms for a period of 2004 till 2011. TradeOff and Pecking Order theory are discussed. The result shows that capitalstructure of SMEs and large firms are almost similar except in term of growth,liquidity and size. Growth is important for large firms. Liquidity is the criticalfactor for SMEs in determining short term debt, and size does matter to SMEs.

  5. Rock mechanics studies for SMES

    International Nuclear Information System (INIS)

    Haimson, B.C.

    1981-01-01

    Superconducting magnetic energy storage (SMES) systems capable of storing thousands of MWh develop tremendous magnetically induced forces when charged. To prevent rutpure of the magnets these forces must be confined. Bedrock offers a practical and relatively inexpensive magnet containment structure. This paper examines the need for rock mechanics research in connection with the construction and use of SMES rock caverns; the unique problems related to housing superconducting magnets in bedrock; site investigations of granite, quartzite and dolomite deposits in Wisconsin; and cavern design requirements to assure cavern stability and limited deformation under the expected mechanical leads. Recommendations are made for siting SMES caverns

  6. SMEs' E-commerce Adoption

    DEFF Research Database (Denmark)

    Scupola, Ada

    2009-01-01

    Purpose - Proposes providing an insight about factors affecting business-to-business e-commerce adoption and implementation in small to medium-sized enterprises (SMEs), highlighting similarities and differences between Danish and Australian SMEs.    Design/methodology/approach - The research...... conducted in Danish and Australian companies. Findings - The findings both corroborate previous results about significant factors affecting SMEs' b-to-b e-commerce adoption and implementation and provide new, interesting insights. The study also finds many similarities and differences between Denmark...... and Australia.  Research limitations/implications - The main limitation relates to the difficulty of generalization of the findings to a larger population of SMEs.  To overcome this, a statistical survey is planned to be conducted in the future. Practical implications - The results of the empirical research...

  7. ERP SOLUTIONS FOR SMEs

    Directory of Open Access Journals (Sweden)

    TUTUNEA MIHAELA FILOFTEIA

    2012-09-01

    Full Text Available The integration of activities, the business processes as well as their optimization, bring the perspective of profitable growth and create significant and competitive advantages in any company. The adoption of some ERP integrated software solutions, from SMEs’ perspective, must be considered as a very important management decision in medium and long term. ERP solutions, along with the transparent and optimized management of all internal processes, also offer an intra and inter companies collaborative platform, which allows a rapid expansion of activities towards e- business and mobile-business environments. This material introduces ERP solutions for SMEs from commercial offer and open source perspective; the results of comparative analysis of the solutions on the specific market, can be an useful aid to the management of the companies, in making the decision to integrate business processes, using ERP as a support.

  8. Expert ease

    Energy Technology Data Exchange (ETDEWEB)

    1984-04-01

    Expert-ease allows the most inexperienced of computer users to build an expert system in a matter of hours. It is nothing more or less than a computer based problem-solving system. It allows the expert to preserve his or her knowledge in the form of rules, which can be applied to problems put to the system by the non-expert. The crucial piece of software at the heart of Expert-Ease extracts rules from data, and is called the analogue concept learning system. It was developed by Intelligent Terminals Ltd. and supplied to Export Software International to be incorporated into a commercially attractive package for business users. The resulting product runs on the Act Sirius and the IBM PC and compatibles. It is a well conceived and polished product with a popular appeal that should ensure widespread acceptance even at a cost of >1500 plus vat.

  9. Developing countries SMEs innovation characteristics and performance

    DEFF Research Database (Denmark)

    Vang, Jan; Rezaei, Shahamak; Baklanov, Nikita

    An econometric study analysing developing countries’ SMEs innovation characteristics and their correlation with performance.......An econometric study analysing developing countries’ SMEs innovation characteristics and their correlation with performance....

  10. SMES developments at the University of Wisconsin

    International Nuclear Information System (INIS)

    Boom, R.W.; Abdelsalam, M.K.; Eyssa, Y.; Hilal, M.; Huang, X.; McIntosh, G.E.; Pfotenhauer, J.

    1988-01-01

    This paper reports on a long term SMES program in the Applied Superconductivity Center (ASC) in progress at the University of Wisconsin since 1970. The present principal interest in SMES stems from the US DNA-SDI program to build an engineering test model (ETM) for utility and government use. This paper is a review of SMES design highlights and of some small scale SMES studies

  11. SMEs: ERP or virtual collaboration teams

    OpenAIRE

    Ale Ebrahim, Nader; Ahmed, Shamsuddin; Taha, Zahari

    2009-01-01

    Small firms are indeed the engines of global economic growth. Small and Medium Enterprises (SMEs) play an important role to promote economic development. SMEs in the beginning of implementing new technologies always face capital shortage and need technological assistance. Available ERP systems do not fulfil the specific requirements of Small firms. SMEs has scarce resources and manpower therefore many SMEs don?t have the possessions to buy and operate an ERP System. On the other hand competit...

  12. SMEs: ERP or Virtual Collaboration Teams

    OpenAIRE

    Ebrahim, Nader Ale

    2009-01-01

    Small firms are indeed the engines of global economic growth. Small and Medium Enterprises (SMEs) play an important role to promote economic development. SMEs in the beginning of implementing new technologies always face capital shortage and need technological assistance. Available ERP systems do not fulfill the specific requirements of Small firms. SMEs has scarce resources and manpower therefore many SMEs don’t have the possessions to buy and operate an ERP System. On the other hand competi...

  13. Access to finance and venture capital for industrial SMEs

    OpenAIRE

    Heimer, Thomas; Hölscher, Luise; Werner, Matthias Ralf

    2008-01-01

    SMEs play a crucial role for European economies. The numbers show the high importance of SMEs for national economies. Accordingly, it is no surprise that the regulatory framework SMEs are imbedded in is the subject of an important political discussion. In the discussion it is frequently mentioned by representatives of SMEs as well as associations of SMEs, that the access to finance for SMEs is still inferior. Based on the importance of SMEs for national economies and the discussion on the acc...

  14. Corporate Brand Identity in SMEs

    DEFF Research Database (Denmark)

    Mäläskä, Minna; Jones, Richard Ian

    Purpose: To study the emergence of corporate brand identity in SMEs and to develop a typology of brand identity drivers that reflects a co-creative approach to the emergence of brand identity. Design / Methodology / Approach : Existing approaches to brand identity are summarised. A narrative...... studies. The research is important since it suggests an iterative and co-creative approach to brand identity. A typology of brand identity formation for SMEs is presented: entrepreneur driven, market driven, stakeholder driven. Practical implications: The three paths to creating a strong brand identity...... challenge existing notions that brand identity is based solely on the values of the entrepreneur. This typology suggests that SMEs should be open to creating an identity that draws from their stakeholder eco-system. Originality / value: this research challenges the existing assumption that brand identity...

  15. Design study of a 5GWh SMES

    International Nuclear Information System (INIS)

    Nakano, T.; Hayakawa, K.; Shimizu, M.

    1988-01-01

    The Superconducting Magnetic Energy Storage system (SMES) is expected to be a future electric power storage method instead of the pumped storage power generator. The authors have investigated a commercial scaled toroidal type of SMES, and compared it with solenoid type of SMES. Now, they came to the conclusion that the toroidal type was superior to the solenoid type in control of leakage mangnetic field, production of coil, maintenance and ease of installation, in spite of its 2-- times cost for the latter. Thus the toroidal type of SMES can be considered to be a match for the solenoid type of SMES

  16. Organizational Development of Russian SMEs: Current trends

    Directory of Open Access Journals (Sweden)

    Emil Velinov

    2016-12-01

    Full Text Available The research paper sheds a light on Russian SMEs transition and specifically on their current development and evolution. The paper attempts to explain what are the main drivers and antecedents on SMEs during the period 2010-2015. Along with it, it is applied detailed analysis of Russian SMEs in terms of key performance indicators, turnover and volume of sales. Further, are given potential developments and trends within SMEs in Russia. The paper draws attention to socio-economic and political factors influencing SMEs development.

  17. The phasor type model of SMES

    International Nuclear Information System (INIS)

    Shi, J.; Tang, Y.; Ren, L.; Li, J.; Chen, S.

    2009-01-01

    Superconducting magnetic energy storage (SMES) compensates the dynamic power for the power system through regulating the active and reactive currents between the SMES and the power system. To analyze the influence of SMES on the operation characteristic of the power system, a second-order equivalent model of SMES is adopted in the electromagnetic transient analysis of power system, but the model makes considerable simplifications for the dynamic characteristic of SMES. This paper proposed the phasor type model of SMES. The phasor model has the following characteristics: (1) the model does not considers the switching state of the power electronic converter, which can save the computing time and improve the simulation efficiency; (2) the model considers the performance of the superconducting magnet, the converter and the DC side capacitor, which can accurately reflect the dynamic response characteristics of SMES; and (3) the model includes detailed control system of SMES, which can implement different control methods to the SMES system and evaluate the control effect. Using MATLAB SIMULINK, the dynamic characteristic of the SMES phasor model is evaluated. Then, the phasor model is introduced into the power system stability analysis to analyze the application of SMES in damping out the power system.

  18. TQM and market orientation's impact on SMEs' performance

    Directory of Open Access Journals (Sweden)

    Hadi Abdollahi

    2014-05-01

    Full Text Available This paper presents an empirical investigation to study the impact of total quality management (TQM as well as market orientation on organizational performance on some Iranian small and medium enterprises (SMEs. The study designs a questionnaire in Likert scale and distributes it among some experts in city of Shiraz, Iran. Using structural equation modeling, the study determines that three components of market orientation including intelligence generation, intelligence dissemination, and responsiveness through TQM influences on organizational performance components including financial and non-financial performance as well as efficiency. In addition, TQM components including training, process management, supplier quality management, employee relationships, quality of data and reports and top management commitment influence positively on organizational performance in SMEs.

  19. Informal Opportunity among SMEs

    DEFF Research Database (Denmark)

    Rezaei, Shahamak; Dana, Leo-Paul; Goli, Marco

    2013-01-01

    Based on interviews with (legal and illegal) immigrants to Denmark, meetings with stakeholders and with experts in the field, this article addresses issues regarding the underground economy. Our findings show that, in Denmark, the existence of an underground economy makes it possible for semi-com...

  20. SAVE ENERGY IN TEXTILE SMES

    Directory of Open Access Journals (Sweden)

    SCALIA Mauro

    2016-05-01

    Full Text Available Efficiency and competitiveness in textile and clothing manufacturing sector must take into account the current and future energy challenges. Energy efficiency is a subject of critical importance for the Textile & Clothing industry, for other sectors and for the society in general. EURATEX has initiated Energy Made-to-Measure, an information campaign running until 2016 to empower over 300 textile & clothing companies, notably SMEs, to become more energy efficient. SET( Save Energy in Textile SMEs a collaborative project co-funded within the European Programme Intelligent Energy Europe II helps companies to understand their energy consumption and allows them to compare the sector benchmarks in different production processes. SET has developed the SET tool, Energy Saving and Efficiency Tool, a free of charge tool customized for textile manufacturers. The SET tool is made up of 4 elements: a stand-alone software (SET Tool for self-assessment based on an Excel application; an on-line part (SET tool Web for advanced benchmarking and comparison of the performances across years; a guiding document for the companies and overview of financial incentives and legal obligations regarding energy efficiency. Designed specifically for small and medium enterprises (SMEs, the SET tool enables the evaluation of energy consumption and recommends measures to reduce the consumption. Prior to modifying the company’s production processes and making investments to increase energy efficiency, textile SMEs need to get different type of information, including legal context, economic and technical peculiarities.

  1. SMES for wind energy systems

    Science.gov (United States)

    Paul Antony, Anish

    Renewable energy sources are ubiquitous, wind energy in particular is one of the fastest growing forms of renewable energy, yet the stochastic nature of wind creates fluctuations that threaten the stability of the electrical grid. In addition to stability with increased wind energy, the need for additional load following capability is a major concern hindering increased wind energy penetration. Improvements in power electronics are required to increase wind energy penetration, but these improvements are hindered by a number of limitations. Changes in physical weather conditions, insufficient capacity of the transmission line and inaccurate wind forecasting greatly stymie their effect and ultimately lead to equipment damage. With this background, the overall goal of this research effort is to pitch a case for superconducting magnetic energy storage (SMES) by (1) optimally designing the SMES to be coupled with wind turbines thus reducing wind integration challenges and (2) to help influence decision makers in either increasing superconducting wire length/fill factor or improving superconducting splice technology thereby increasing the storage capacity of the SMES. Chapter 1 outlines the scope of this thesis by answering the following questions (1) why focus on wind energy? (2) What are the problems associated with increasing wind energy on the electric grid? (3) What are the current solutions related to wind integration challenges and (4) why SMES? Chapter 2, presents a detailed report on the study performed on categorizing the challenges associated with integrating wind energy into the electric grid. The conditions under which wind energy affected the electric grid are identified both in terms of voltage stability and excess wind generation. Chapter 3, details a comprehensive literature review on the different superconducting wires. A technology assessment of the five selected superconductors: [Niobium Titanium (NbTi), Niobium Tin (Nb3Sn), Bismuth strontium calcium

  2. Orchestrating Company Development in SMEs

    DEFF Research Database (Denmark)

    Riis, Jens Ove

    2003-01-01

    Over a period of several years many companies undergo a transformation with signifi­cant improvement in performance. We have studied such a process in seven SMEs to achieve a better understanding of how the change process was initiated and orches­trated. A rather complex picture has emerged...

  3. The SMES model coil. Fabrication

    International Nuclear Information System (INIS)

    Hanai, Satoshi; Nakamoto, Kazunari; Takahashi, Nobuji

    1998-01-01

    A SMES model coil was fabricated as R and D item in the development of component technologies for a 480 MJ/20 MW SMES pilot plant. The coil consists of four double-pancake windings. The coil is the same diameter but half the number of pancakes that will be needed for a SMES pilot plant. The NbTi cable-in-conduit conductor and superconducting joints between the double pancakes are cooled by a forced flow of supercritical helium. Prior to fabrication, various characteristics of the cable-in-conduit were measured by full-sized short samples from actual conductors and by scaled short samples from scaled conductors. The critical current of the scaled short samples was in agreement with that calculated from one strand of the conductor. The impedance between arbitrary dual-oxide coated strands in the full-size conductor was measured to be smaller than that obtained from two Cr-plated strands, which showed a good degree of stability in another coil. It was estimated that oxide-coated conductors would have high stability. Through fabrication of a model coil, it was demonstrated that a large forced-flow coil for a small-scale 100 kWh SMES device could be manufactured. (author)

  4. The SMES model coil. Fabrication

    Energy Technology Data Exchange (ETDEWEB)

    Hanai, Satoshi; Nakamoto, Kazunari; Takahashi, Nobuji [Toshiba Corp., Yokohama, Kanagawa (Japan)] [and others

    1998-07-01

    A SMES model coil was fabricated as R and D item in the development of component technologies for a 480 MJ/20 MW SMES pilot plant. The coil consists of four double-pancake windings. The coil is the same diameter but half the number of pancakes that will be needed for a SMES pilot plant. The NbTi cable-in-conduit conductor and superconducting joints between the double pancakes are cooled by a forced flow of supercritical helium. Prior to fabrication, various characteristics of the cable-in-conduit were measured by full-sized short samples from actual conductors and by scaled short samples from scaled conductors. The critical current of the scaled short samples was in agreement with that calculated from one strand of the conductor. The impedance between arbitrary dual-oxide coated strands in the full-size conductor was measured to be smaller than that obtained from two Cr-plated strands, which showed a good degree of stability in another coil. It was estimated that oxide-coated conductors would have high stability. Through fabrication of a model coil, it was demonstrated that a large forced-flow coil for a small-scale 100 kWh SMES device could be manufactured. (author)

  5. Ask-the-expert: Active Learning Based Knowledge Discovery Using the Expert

    Science.gov (United States)

    Das, Kamalika; Avrekh, Ilya; Matthews, Bryan; Sharma, Manali; Oza, Nikunj

    2017-01-01

    Often the manual review of large data sets, either for purposes of labeling unlabeled instances or for classifying meaningful results from uninteresting (but statistically significant) ones is extremely resource intensive, especially in terms of subject matter expert (SME) time. Use of active learning has been shown to diminish this review time significantly. However, since active learning is an iterative process of learning a classifier based on a small number of SME-provided labels at each iteration, the lack of an enabling tool can hinder the process of adoption of these technologies in real-life, in spite of their labor-saving potential. In this demo we present ASK-the-Expert, an interactive tool that allows SMEs to review instances from a data set and provide labels within a single framework. ASK-the-Expert is powered by an active learning algorithm for training a classifier in the backend. We demonstrate this system in the context of an aviation safety application, but the tool can be adopted to work as a simple review and labeling tool as well, without the use of active learning.

  6. Marketing Strategies Influences On SMEs Cluster Performance

    Directory of Open Access Journals (Sweden)

    Satria Tirtayasa

    2017-06-01

    Full Text Available The contribution of larges businesses to make the economy growth is very important likewise the role of Small Business Enterprise SMEs where this industry has been believed so strong from the effect of crisis economic in Indonesia. In generaly SMEs owner are business manwoman that have minimum assets Rp. 500 million where their gathers together to make the cooperative assosiation in one area SMEs Cluster . So in this cooperative assosiation can be expected the SMEs businessman help each others with making colaboration internal or external networking to enhance their business performance. The internal networking simmilar with marketing strategies for instance strategi Promotion Distribution Production and Raw material supplay where the objectives are to enchance the SMEs performance. This study intends to examine the relationship between marketing strategies Promotion Distribution Production Raw material supplay on SMSEs performance. The marketing strategies consist of our dimentions as follows promotion distribution production and raw material supply. Meanwile SMEs business performance indicators are market share and profit margin. The sample of research is 70 SMEs businessman where spread of Medan Tembung District East Medan District and Medan Perjuangan District. This research had used questionnaires method to collect the data from SMEs businessman. The analysis method had used multiple regression and the result of the research reveals that promotion had positive and significant relationship with SMEs performance.Distribution had positive and significant relationship with SMEs performance Production has positive and significant relationship with SMEs performance.Raw material supplay had positiveve and significant relationship with SMEs performance. Furthermore Marketing Strategies Promotion Distribution Production Raw material supplay simultaneous have significant relationship on SMEs Performances.

  7. Cloud Computing Application for Romanian SMEs

    Directory of Open Access Journals (Sweden)

    Pistol, Luminiţa

    2017-09-01

    Full Text Available The article studies the current economical state of Romanian SMEs and the utility of cloud computing technologies in the process of sustainable open innovation. The study is based on a supply chain adapted for SMEs, on a model of innovation within a network business environment and on a decision tree dedicated for SMEs when starting a new project. Taking into account the statements of the article, a new framework of cloud computing economics can be developed.

  8. Performance indicators for SMEs accessing EU funds

    OpenAIRE

    Popa Adina-Simona

    2013-01-01

    Being the best supporters of national economies Small and Medium Sized Enterprises are actively searching alternative sources of finance for sustaining their goals and their performances. European Union is sustaining the SMEs access to finance by direct funding: grants from the European Commission and indirect funding: financial intermediaries in the SMEs origin country. Considering the importance of SMEs for national and European economy we will analyze the relationship between the EU fundin...

  9. Open Source CRM Systems for SMEs

    OpenAIRE

    Marco Tereso; Jorge Bernardino

    2011-01-01

    Customer Relationship Management (CRM) systems are very common in large companies. However, CRM systems are not very common in Small and Medium Enterprises (SMEs). Most SMEs do not implement CRM systems due to several reasons, such as lack of knowledge about CRM or lack of financial resources to implement CRM systems. SMEs have to start implementing Information Systems (IS) technology into their business operations in order to improve business values and gain more competitive advantage over r...

  10. Offshoring practices of Danish and Swedish SMEs

    DEFF Research Database (Denmark)

    Wæhrens, Brian Vejrum; Slepniov, Dmitrij; Johansen, John

    The paper examines how small-to-medium size enterprises (SMEs) configure their operations on the global scale. Seeking to relate SMEs’ value chain position to their operations configuration attributes, we draw on the operations networks literature and use mixed methods of enquiry, including case...... studies and survey techniques. The study highlights characteristics and practices of SMEs that are prompt to offshoring. Furthermore, it identifies a set of key challenges that SMEs need to overcome in order to succeed in offshoring. By incorporating the perspectives of SMEs, the paper provides a more...

  11. SMEs: Trust and judicial system

    Directory of Open Access Journals (Sweden)

    Marilene Lorizio

    2016-06-01

    Full Text Available Italian SMEs share capabilities and routines that permit them to reach high level of competition. But in a global system that is affected by structural deficiencies and negative performance of judicial system, it is very hard to maintain high performances. In this work, starting from the resilience capacity of a group of SMEs of surviving to the crisis, we try to analyse the quality of the expectations of a sample of resilient firms. Our study leads to the hypothesis that the economic crisis is in line with a crisis of confidence in the judicial system. This is all the more serious when considering that this distrust is rooted in those firms located in Southern Italy, where the inefficiency of the judicial system is particularly pronounced.

  12. CSR, SMEs and Social Capital

    DEFF Research Database (Denmark)

    Murillo, David; Vallentin, Steen

    2012-01-01

    capital are interrelated, turning social capital into a powerful instrument to better explain what academic literature has called silent CSR practices. The analysis that follows questions some of the basic tenets that underpin the branch of business ethics that deals with the nature of SMEs' approach...... this type of action d) Any study of this kind of practice requires a dual approach: a) normative when using tools developed by CSR; and b) descriptive and instrumental using the notion of social capital....... in the automotive sector, took the distinctive approach of trying to understand the nature of CSR-like activities developed not by best-in-class CSR-driven companies but by purely competitiveness-driven firms. The case studies provide explicit evidence that the CSR activities of SMEs and the notion of social...

  13. Flexible automated manufacturing for SMEs

    DEFF Research Database (Denmark)

    Grube Hansen, David; Bilberg, Arne; Madsen, Erik Skov

    2017-01-01

    SMEs are in general highly flexible and agile in order to accommodate the customer demands in the paradigm of High Mix-Low Volume manufacturing. The flexibility and agility have mainly been enabled by manual labor, but as we are entering the technology and data driven fourth industrial revolution......, where augmented operators and machines work in cooperation in a highly flexible and productive manufacturing system both an opportunity and a need has raised for developing highly flexible and efficient automation....

  14. Study of Government Support System in SMEs: An Empirical Investigation

    Directory of Open Access Journals (Sweden)

    Hussain Bux Marri

    2011-07-01

    Full Text Available The SMEs (Small and Medium Enterprises have created its own place and value universally, no matter how tough global competition is there in international market. This research work was undertaken to assess the increase in importance of SMEs in growing nations such as Pakistan and to highlight the importance of SMEs. This paper is validated through research work undertaken by domestic and worldwide scholars. Research work was carried out in enterprises of Sindh, province of Pakistan, using questionnaire and personal discussions with business owners/entrepreneurs of enterprises. Their response was very positive on parameters which were focused towards taxation policies (Rebate, government technological support, financial support and loan facilities. In addition to this, the results were further investigated and measured through statistical measures such as mean/average, which indicate that majority of enterprises, were not happy with country\\'s administration in terms of support they receive. Whereas, there are noticeable indications that government\\'s assistance to small and medium enterprises is very necessary at every stage. Enterprises which have received assistance from their governments have proved to be successful in developing nations.

  15. Fuzzy Similarity Measures Approach in Benchmarking Taxonomies of Threats against SMEs in Developing Economies

    DEFF Research Database (Denmark)

    Yeboah-Boateng, Ezer Osei

    2013-01-01

    There are various threats that militate against SMEs in developing economies. However, most SMEs fall on the conservative “TV News Effect” of most-publicized cyber-threats or incidences, with disproportionate mitigation measures. This paper endeavors to establish a taxonomy of threat agents to fill...... in the void. Various fuzzy similarity measures based on multi-attribute decision-making techniques have been employed in the evaluation. The taxonomy offers a panoramic view of cyber-threats in assessing mission-critical assets, and serves as a benchmark for initiating appropriate mitigation strategies. SMEs...... in developing economies were strategically interviewed for their expert opinions on various business and security metrics. The study established that natural disasters, which are perennial in most developing economies, are the most critical cyber-threat agent, whilst social engineering is the least critical...

  16. Emergency situations in SMEs : Are entrepreneurs prepared?

    NARCIS (Netherlands)

    Kleijn, E.; Montfort, van K.; Masurel, E.

    2012-01-01

    The article examines how entrepreneurs prepare for emergency situations in small and medium-sized enterprises (SMEs) in the Netherlands. It identifies the characteristics of SMEs and the theory related to emergency situations and the preparations for such situations. It also provides a detailed

  17. Sustainable Business Development Through Leadership in SMEs

    OpenAIRE

    Szczepańska-Woszczyna Katarzyna; Kurowska-Pysz Joanna

    2016-01-01

    The aim of this paper is to examine the role and scope of the influence of leadership on the sustainable development of SMEs. Research methods included the theoretical analysis of scientific literature and a direct survey. The quantitative sample for analysis contained 138 managers, the representatives of companies (SMEs) located in Poland. The data was collected in November and December 2015.

  18. SMES: Redefining the path to commercial demonstration

    Energy Technology Data Exchange (ETDEWEB)

    Bingham, W.G. [Bechtel, San Francisco, CA (United States); Lighthipe, R.W. [San Diego Gas & Electric, San Diego, CA (United States)

    1994-12-31

    SMES (Superconducting Magnetic Energy Storage) is an emerging technology offering tremendous potential benefits to the utility industry. San Diego Gas & Electric (SDG&E) and Bechtel are leading a team of companies and national laboratories working towards design and construction of the world`s first demonstration facility for large, commercial SMES for enhancing transmission stability in the Southwestern United States.

  19. SMES: Redefining the path to commerical demonstration

    Science.gov (United States)

    Bingham, W. G.; Lighthipe, R. W.

    1995-01-01

    SMES (Superconducting Magnetic Energy Storage) is an emerging technology offering tremendous potential benefits to the utility industry. San Diego Gas & Electric (SDG&E) and Bechtel are leading a team of companies and national laboratories working towards design and construction of the world's first demonstration facility for large, commercial SMES for enhancing transmission stability in the Southwestern United States.

  20. Understanding the Learning Process in SMEs

    Science.gov (United States)

    Carr, James; Gannon-Leary, Pat

    2007-01-01

    A major obstacle to the diffusion of management development learning technologies from Higher Education Institutions to Small and Medium-sized Enterprises (SMEs) is a lack of understanding about how SME learners learn. This article examines the nature of learning in SMEs and considers the incidence of informal support for informal learning.…

  1. SMES: Redefining the path to commercial demonstration

    International Nuclear Information System (INIS)

    Bingham, W.G.; Lighthipe, R.W.

    1994-01-01

    SMES (Superconducting Magnetic Energy Storage) is an emerging technology offering tremendous potential benefits to the utility industry. San Diego Gas ampersand Electric (SDG ampersand E) and Bechtel are leading a team of companies and national laboratories working towards design and construction of the world's first demonstration facility for large, commercial SMES for enhancing transmission stability in the Southwestern United States

  2. SMEs cooperate to meet social procurement conditions

    NARCIS (Netherlands)

    Oden, Petra

    2015-01-01

    A growing amount of (semi) public organizations in the Netherlands write tenders with mandatory social conditions. It is important for SMEs to focus on social procurement in their business strategy. SMEs should be proactive and try to affect the conditions (semi) public organizations write in their

  3. Cost Reduction and Business Strategy Matters to Human Resource Outsourcing? A Validation by HR Experts from Government Link Companies (GLC’s.

    Directory of Open Access Journals (Sweden)

    Mansor Mohd Fitri

    2018-01-01

    Full Text Available The phenomenon of outsourcing has spawned a rich body scholarly reseach in sveral decades. However, the answer to one of the pertinent question has remained elusive: Does cost reduction and business strategy really matters to the human resource outsourcing impacts. Looking at this question it is important for the organization to embark on the practice of human resource outsourcing to save operating cost and remain competitive. Therefore, the objective of this study is to investigate the effects of cost reduction and business starategy towards human resource outsourcing impacts. Both quantitative and qualitative methods were employed and the top management in Malaysian Government Link Companies (GLC’ is the unit of analysis. The findings revelaved that, both variables are significant statistically and non statically i.e from the experts opinion. Finally, the study also provides useful directions for future research, HR Practitioners and policy maker particularly in managing and organizing human reseouce matters.

  4. IMPLICATIONS OF THE APPLICATION OF IFRS FOR SMES IN ROMANIA ON TAXABLE AND DISTRIBUTABLE PROFIT

    Directory of Open Access Journals (Sweden)

    Girbina Madalina

    2011-12-01

    Full Text Available On 9 July 2009, the International Accounting Standards Board (IASB issued the International Financial Reporting Standard for Small and Medium Sized Entities (IFRS for SMEs which aims to provide a financial reporting framework for SMEs falling within its scope. It is a matter for authorities in each jurisdiction to decide which entities are permitted or required to apply IFRS for SMEs. Because of the connection between accounting and taxation certain european countries had a reluctant position related to the application of IFRS for SMEs. Opponents focused on the incompatibility between IFRS for SMEs framework and the principles commonly accepted for tax purposes. As the individual financial statements drown up in compliance with IFRS for SMEs will serve for profit distribution under the 2nd European Directive the question arises weather the profits determined under these accounting rules can be considered as realized for distribution purposes. In order to mitigate the mismatch between accounting and distributable profits, Member States will need to reconsider the circumstances in which gains and losses arising from re-measurement at fair value through profit and loss should be considered as realized. In this scenario, two important questions arise: What are the potential tax effects of the application of IFRS for SMEs? Is the profit determined under IFRS for SMEs available for distribution or some adjustments are necessary? The paper addresses these issues in the context of the Romanian accounting and taxation systems. Romania represents a relevant case study, as it is one of the European countries with a close linkage between financial and tax, where the fiscal profit is dependent on the accounting profit (currently determined under domestic regulations. The methodology consists in a comparative analysis of the recognition and measurement rules between national accounting regulations and IFRS for SMEs in order to identify the differences with

  5. Is Small and Medium Enterprises (SMEs) an Entrepreneurship?

    OpenAIRE

    Esuh Ossai-Igwe Lucky; Adebayo Isaiah Olusegun

    2012-01-01

    The inconsistent use of SMEs and entrepreneurship in the field of entrepreneurial business management has made the authors to explore the discrepancy between SMEs and entrepreneurship studies. As a result, the paper distinguishes between SMEs and entrepreneurship by highlighting the similarities and differences between the two concepts. The paper concludes that entrepreneurship differs from SMEs in that entrepreneurship is a process leading to the creation of SMEs and business ventures while ...

  6. Financial Distress in Small and Medium Enterprises (SMES of Bangladesh: Determinants and Remedial Measures

    Directory of Open Access Journals (Sweden)

    Mohammad Saleh JAHUR

    2012-06-01

    Full Text Available Financial distress in SMEs is a common phenomenon across the world, which has been a subject matter of academicians, professionals and government. Although SMEs are contributing to the economy in the form of employment, supply of products and services by using indigenous technologies, social entrepreneurship, income generating activities etc. SMEs are found most vulnerable to the macro-economic as well as internal management crises. Consequently, they fall into financial distress. In view of this, the present study has been undertaken aiming at identifying the causes of financial distress in SMEs of Bangladesh. The study has employed both financial and statistical techniques for analyzing the data collected for the study. The study has identified some potential problem areas related to financial distress such as rate adequacy, sales trends, indebtedness, management capability, financial planning, etc. The study has also identified some most important causes of financial distress such as fund management & resource crunch, poor accounting system, poor financial control, poor productivity and profitability and management succession. The study has finally come out some strategic and policy related measures for both viable and financially distressed SMEs for preventing them from the exposition to financial and operating risk.

  7. IT Governance in SMEs: Trust or Control?

    Science.gov (United States)

    Devos, Jan; van Landeghem, Hendrik; Deschoolmeester, Dirk

    It is believed by many scholars that a small and medium-sized enterprise (SME) cannot be seen through the lens of a large firm. Theories which explain IT governance in large organizations and methodologies used by practitioners can therefore not be extrapolated to SMEs, which have a completely different economic, cultural and managerial environment. SMEs suffer from resource poverty, have less IS experience and need more external support. SMEs largely contribute to the failure of many IS projects. We define an outsourced information system failure (OISF) as a failure of IT governance in an SME environment and propose a structure for stating propositions derived from both agency theory and theory of trust. The theoretical question addressed in this paper is: how and why do OISFs occur in SMEs? We have chosen a qualitative and positivistic IS case study research strategy based on multiple cases. Eight cases of IS projects were selected. We found that trust is more important than control issues like output-based contracts and structured controls for eliminating opportunistic behaviour in SMEs. We conclude that the world of SMEs is significantly different from that of large companies. This necessitates extra care to be taken on the part of researchers and practitioners when designing artefacts for SMEs.

  8. Access to bank finance for Scottish SMEs.

    OpenAIRE

    North, David J.; Baldock, Robert; Deakins, David; Whittam, Geoff

    2008-01-01

    There is evidence that some SMEs may still face difficulties in accessing bank finance from lenders (CEEDR, 2007). This paper reports an in-depth study into demand and supply side issues relating to access to bank finance by Scottish SMEs and whether there is still market\\ud failure associated with good, bankable business cases from SMEs that do not receive finance. We argue that our study utilises innovative methodology and is relatively rare as a robust study in this area. We combine demand...

  9. International Financial Reporting Standards for SMEs

    Directory of Open Access Journals (Sweden)

    Cicilia IONESCU

    2011-06-01

    Full Text Available • IFRS for SMEs give the response to an international requirement of the developed and emerging economies in the process of globalization to have a rigorous and common set of international accounting provisions (standard, rule, regulation specifically for SMEs, to be much more simplified than the complete IFRSs. The area where are applicable the IFRS for SMEs includes all the profit-oriented entities that prepare the general financial statements and do not have the public accountability and there are excluded the entities whose securities are publicly traded and the financial institutions like banks and the insurance companies.

  10. Sustainable Tourism Related SMEs through Strategy Identification

    Directory of Open Access Journals (Sweden)

    Jaafar Mastura

    2014-01-01

    Full Text Available It should be pointed out that expansion of tourism sector relies on micro, small and medium enterprises exist in various related region. This particular study was conducted in Lenggong Valley, Perak to assess the existing strategies in the attempt to develop sustainable tourism related SMEs. Potential businesses in the area were measured using four traditional SWOT inclusive strengths, weaknesses, opportunities, and threats. The results from observation reveal interesting findings in relation to internal and external factors evaluation of tourism related SMEs. Therefore, this study presents the strategies for development of sustainable tourism related SMEs in the Lenggong Valley, which serve the purpose of assessing the potential business of tourism related SMEs and entrepreneurs. In-depth inspection of tourism strategies are critically considered when creating public policy that benefits the area and the local community.

  11. SMES-ETM Technical Analysis Report

    National Research Council Canada - National Science Library

    1989-01-01

    ... documentation for the SMES-ETM Program is determined. Specifically, this report will support the SDIO-ENEC and DNA decision on whether an Environmental Assessment or an Environmental Impact Statement is most appropriate...

  12. Knowledge Management in Health Technology SMEs.

    Science.gov (United States)

    Huusko, Juhamatti; Kuusisto-Niemi, Sirpa; Saranto, Kaija

    2017-01-01

    The purpose of this study was to examine knowledge management's (KM) role in small and medium-sized (SMEs) health technology enterprises, which employ fewer than 250 employees. In this study, KM is understood as the ability to achieve competitive advantage by utilizing management knowledge and making it profitable. The health technology enterprises use modern technology to resolve health-related issues. The research data was acquired from Finnish health technology SMEs. The questionnaire was sent to 140 enterprises, generating 25 responses, or a 17.9% response rate. According to the results, health technology enterprises have not adopted KM concepts, nor do they have the necessary resources to do so. SMEs' KM use is informal: information is transferred informally through human interaction, rather than through information systems. In the SMEs, KM is not perceived as important, although it is seen as associated with the enterprise's financial performance through the potential in making the knowledge profitable.

  13. Reducing SMEs informal economy through institutionalization.

    Directory of Open Access Journals (Sweden)

    Alfonso Lopez Lira Arjona

    2014-01-01

    Full Text Available The informal sector has been growing throughout the last century in emerging economies. Particularly in Latin America, both a long-term instability in economic and political environments, and a continuous migration from rural to urban areas; have triggered the appearance of unregulated businesses and employments. Small and Medium-sized Enterprises (SMEs operate informally in one or more business processes, in order to reduce costs and maximize profits. Leaving aside tax evasion and illegal labor, such SMEs often have low technology and an unskilled work force; which threatens its survival in highly competitive environments. The purpose of this paper is to highlight the impact of the Multi National Corporation (MNC and the Academia in the formalization of SMEs. This is aimed through a collaborative model for the institutionalization of operational and managerial knowledge within SMEs. Qualitative results indicate that improvements are triggered by a self-conscious awareness of the value derived from institutionalizing best business practices.

  14. Mobile conduction-cooled HTS SMES

    International Nuclear Information System (INIS)

    Ren, L.; Tang, Y.; Li, J.; Shi, J.; Chen, L.; Guo, F.; Fang, J.; Wen, J.

    2010-01-01

    An immovable 35 kJ/7 kW high-T c superconducting magnetic energy storage (HTS SMES) system had been developed in the Electric Power System Dynamic Simulation Laboratory, Huazhong University of Science and Technology in 2005. In order to adapt for on-site experimental conditions, the mechanical configuration of the magnet is reinforced and the SMES system is assembled in a special container to be freighted to the actual power system for the feasibility study on different applications at different sites. The mobile HTS SMES system had withstood various kinds of poor road surfaces and then arrived at the experimental site on August 18, 2009. In this paper, the reconstructed configuration and the shock absorption of the magnet are presented. The field test results show that the mobile SMES system can operate on the power network at different locations and suppress effectively power fluctuation of the generator terminal.

  15. Corporate Environmental Sustainability in Danish SMEs

    DEFF Research Database (Denmark)

    Reyes-Rodríguez, Juan Felipe; Ulhøi, John P.; Madsen, Henning

    2016-01-01

    While industry leaders proactively address environmental issues as an integrated part of corporate strategy, small and medium enterprises (SMEs) often perceive it as a means of cost reduction. The aim of this paper is to track the development of motivators, environmental initiatives......, and their perceived effects on competitive advantage among SMEs. For that purpose, we conducted a longitudinal analysis of 4 repeated surveys over a period of 14 years among Danish manufacturing SMEs. Results show that Danish SMEs have increasingly deployed environmental initiatives that are associated with both...... of the levels of environmental engagement, the competitive benefits are generally robust regarding firm size. Before concluding, implications for future research and corporate managers are pointed out....

  16. Knowledge Exchange Between Universities and SMEs

    DEFF Research Database (Denmark)

    Løkkegaard, Sarai; Lykke, Marianne

    Exchanging knowledge between university and industry is generally known to be problematic. In this paper we address the situation of small and medium-sized enterprises (SMEs) in order to understand their use of knowledge: in particular scientific knowledge. The paper will present data from...... a qualitative study of the situations of eight SMEs. The data consists of ‘walk-alongs’, situational maps, and thirty-seven semi-structured interviews. The goal is to provide an in- depth understanding of the numerous circumstances that influence SMEs’ interactions with universities and scientific knowledge....... The paper presents new understandings related to industry’s ways of perceiving, accessing and imple- menting scientific knowledge; these include insights into the primary ways in which SMEs appropriate new knowledge; the barriers to acquiring new knowledge; how SMEs understand the university setting...

  17. Drivers for Malaysian SMEs to Go Green

    OpenAIRE

    M. Krishna Moorthy; Peter a/l Yacob; Mahendra Kumar a/l Chelliah; Lawrence Arokiasamy

    2012-01-01

    Small and Medium Enterprises (SMEs) around the world have little knowledge about environmental management and do not understand the concept of environmental management. The concept of green is still very new to Malaysian SME owners/managers, although many green conferences, seminars and campaigns have been carried out for quite some time. The concept for green process and products in Malaysia is at the infancy stage. The drivers of environmental behavior in SMEs are relatively under-researche...

  18. Money Soon Growing On Trees for SMEs?

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    Banks in Shanghai greenlight loans to SMEs At a June 19 fair on banking financing for small and medium-sized enterprises (SMEs) in Shanghai, the discussion inside was just as heated as the temperature outside. "We hope that banks' lending policies will not change," said Mr. Wang, who runs a retail shop selling electrical appliances in the Putuo District of Shanghai. "Just a small shift and there goes our cash flow. With the increase in interest rates, we are concerned

  19. IFRS Handbook for SMEs in Finland

    OpenAIRE

    Farley, Andre

    2016-01-01

    Globalisation has led to greater competition among businesses the world over to attract stakeholders who can positively affect their business on international and global markets. To facilitate competition financial statements should be understandable and comparable to similar businesses. IFRS has become the de facto financial reporting stan-dard of the world. Finnish SMEs involved in international trade are not using IFRS, though a simple version exist for SMEs the switch from Finnish Account...

  20. [Matters of identifying the categories of discrepancy between diagnoses as a part of the problem of organizing the clinical expert work of a postmortem service].

    Science.gov (United States)

    Zaĭrat'iants, O V

    2009-01-01

    Whether the categories of a discrepancy between diagnoses should not be identified, which has been put by I. A. Kazantseva, is supported by the Society of Pathologists. The ranking of diagnostic discrepancies has been already subject to criticism in a number of standard guidance publications. However, this matter is a part of the unsolved problem of the clinical expert work of a postmortem service. Many regions have elaborated and approved their own principles of its organization. The standards of the Russian Agency are the most important achievement in assuring orderliness of its work. The problem requires further initiatives of the Russian Society of Pathologists and its close interaction with the Ministry of Health and Social Development in approving the relevant normative documents as soon as possible.

  1. Key principles for a national clinical decision support knowledge sharing framework: synthesis of insights from leading subject matter experts.

    Science.gov (United States)

    Kawamoto, Kensaku; Hongsermeier, Tonya; Wright, Adam; Lewis, Janet; Bell, Douglas S; Middleton, Blackford

    2013-01-01

    To identify key principles for establishing a national clinical decision support (CDS) knowledge sharing framework. As part of an initiative by the US Office of the National Coordinator for Health IT (ONC) to establish a framework for national CDS knowledge sharing, key stakeholders were identified. Stakeholders' viewpoints were obtained through surveys and in-depth interviews, and findings and relevant insights were summarized. Based on these insights, key principles were formulated for establishing a national CDS knowledge sharing framework. Nineteen key stakeholders were recruited, including six executives from electronic health record system vendors, seven executives from knowledge content producers, three executives from healthcare provider organizations, and three additional experts in clinical informatics. Based on these stakeholders' insights, five key principles were identified for effectively sharing CDS knowledge nationally. These principles are (1) prioritize and support the creation and maintenance of a national CDS knowledge sharing framework; (2) facilitate the development of high-value content and tooling, preferably in an open-source manner; (3) accelerate the development or licensing of required, pragmatic standards; (4) acknowledge and address medicolegal liability concerns; and (5) establish a self-sustaining business model. Based on the principles identified, a roadmap for national CDS knowledge sharing was developed through the ONC's Advancing CDS initiative. The study findings may serve as a useful guide for ongoing activities by the ONC and others to establish a national framework for sharing CDS knowledge and improving clinical care.

  2. ERP adoption cost factors identification and classification: a study in SMEs

    Directory of Open Access Journals (Sweden)

    Moutaz Haddara

    2013-01-01

    Full Text Available Enterprise resource planning (ERP systems adoptions require substantial resources and investments. The majority of businesses around the globe can be considered to be small and medium sized enterprises (SMEs. Thus, SMEs are seen to be typical companies that are the cornerstone of most economies. Compared with large enterprises, an SME-context contains several characteristics, and scarcity of resources is among the top of them. For SMEs, unplanned costs escalation could pose a serious threat to their stability and survival in the market. Frequently, ERP projects have crossed their estimated budgets and schedules. Researchers and practitioners state that a prevailing number of ERP adoption projects fail due to inaccurate or to too optimistic budgets/schedules. In addition, many organizations face difficulties in identifying the potential cost factors that could occur during their ERP adoption lifecycle. While focusing on the SME-context, this research attempts to identify potential costs that could occur in ERP adoptions. The research method employed in this study targeted diverse stakeholders and experts involved in ERP projects in Egypt. This research provides a list of cost factors and their classifications that could aid adopting organizations to better estimate their needed ERP project budgets. In particular, this research explores the direct and indirect cost factors that occur in ERP adoptions in Egyptian SMEs. Also, this study investigates the influence of some SME-specific contextual factors on costs. Moreover, the paper provides a ranking of cost factors according to their impact on total adoption costs.

  3. Initiation of Hoshin Kanri in SMEs using a tentative process

    OpenAIRE

    Löfving, Malin; Melander, Anders; Andersson, David; Elgh, Fredrik; Thulin, Mikael

    2015-01-01

    Hoshin Kanri is a management method supporting strategic work. In spite of a number of Hoshin Kanri success stories in large organizations, little research attention are given to SMEs. This research encourages an increased focus on Hoshin Kanri in SMEs. In this paper a tentative process for the initiation of Hoshin Kanri in SMEs is outlined. We also identify factors influencing the initiation of Hoshin Kanri in SMEs based on findings from eight case studies. The result shows that the initiati...

  4. SMES' SECTOR ACCESS TO FINANCE: AN OVERVIEW

    Directory of Open Access Journals (Sweden)

    Roman Angela

    2011-07-01

    Full Text Available Through their contribution to the creation of added value and new jobs, the small and medium enterprises (SMEs have a significant role in the economic and social development of a country. However, these enterprises are facing numerous obstacles that limit their performance, growth and development. Among the difficulties faced by SMEs, the access to finance is often reported as a major obstacle to the deployment and expansion of their activity. The access to finance is crucial for efficient allocation of financial resources and entrepreneurial development, which explains the major interest given to this subject both by the academic literature and the policy makers. The paper aims to highlight the difficulties faced by SMEs in securing financing resources, emphasizing the differences between countries and also between SMEs and large enterprises. Knowing the difficulties in SMEs financing is essential for policy makers in order to design and implement appropriate measures, which will help to improve the access to financing for these enterprises. Thus, another issue addressed, synthetically, in this paper aims the measures taken by public authorities in order to support the access to financing for SMEs. The research methodology used in this paper starts with a literature review in order to highlight the importance of the subject addressed in our research. The analysis conducted in this paper is based on data and statistics provided mainly by the World Bank surveys, by certain empirical studies and by the National Council of Small and Medium Sized Private Enterprises in Romania. Based on the methodology used, the paper indicates the difficulties in SMEs financing and the crucial importance of enhancing the public authorities concerns regarding their alleviation, especially by adopting measures focused on increasing financial development, which would ensure greater availability of financing for businesses and thus economic growth. The limited

  5. Detailed modeling of superconducting magnetic energy storage (SMES) system

    NARCIS (Netherlands)

    Chen, L.; Liu, Y.; Arsoy, A.B.; Ribeiro, P.F.; Steurer, M.; Iravani, M.R.

    2006-01-01

    This paper presents a detailed model for simulation of a Superconducting Magnetic Energy Storage (SMES) system. SMES technology has the potential to bring real power storage characteristic to the utility transmission and distribution systems. The principle of SMES system operation is reviewed in

  6. Japanese activities on energy storage by superconductivities (SMES)

    International Nuclear Information System (INIS)

    Masuda, M.; Shintomi, T.

    1988-01-01

    Japanese Research Association of SMES has 5 activities. They almost finished the conceptual design and economic evaluation of 5 GWh SMES. They are proposing 50 MJ testing plant to the government. The unfinished activities are the design of 20 MWh, feasibility check of high Tc SMES and the safety analysis

  7. Network-based automation for SMEs

    DEFF Research Database (Denmark)

    Parizi, Mohammad Shahabeddini; Radziwon, Agnieszka

    2017-01-01

    The implementation of appropriate automation concepts which increase productivity in Small and Medium Sized Enterprises (SMEs) requires a lot of effort, due to their limited resources. Therefore, it is strongly recommended for small firms to open up for the external sources of knowledge, which...... could be obtained through network interaction. Based on two extreme cases of SMEs representing low-tech industry and an in-depth analysis of their manufacturing facilities this paper presents how collaboration between firms embedded in a regional ecosystem could result in implementation of new...... with other members of the same regional ecosystem. The findings highlight two main automation related areas where manufacturing SMEs could leverage on external sources on knowledge – these are assistance in defining automation problem as well as appropriate solution and provider selection. Consequently...

  8. Have SMEs Benefited from E-Commerce?

    Directory of Open Access Journals (Sweden)

    Simpson Poon

    2002-11-01

    Full Text Available Recently there has been a surge in research projects on how small and medium enterprises (SMEs use E-Commerce/E-Business for business purposes. These include a mixture of academic, industry and government studies. The outcomes have presented a mixed message. While there are anecdotal success stories, SMEs found their E-Commerce/E-Business endeavours successful to a point but face difficulties in achieving many speculations portrayed by the media and visionaries. In this paper, I try to address the issue based on published works in the domain of E-Commerce/E-Business adoption among SMEs. The answer may lie in a more refined research strategy and consolidation of research outcomes. Lessons from EDI adoption might be useful to formulate impetus to further adoption.

  9. Managing Complexity and Change in SMEs

    DEFF Research Database (Denmark)

    Managing Complexity new and Change in SMEs Frontiers in European ResearchThe process of founding new enterprises and making them grow and prosper is a far more convoluted undertaking than it was just a few decades ago. This book explores the complexity faced by today's entrepreneurs. Institutional...... boundaries, evolutionary perspectives and the intricacies of management are the central themes in this study of entrepreneurs and SMEs in a world marked by major transitions. While mainstream research enhances our understanding of the dynamics of the entrepreneurial process, this book progresses the research...

  10. Designing Collaborative Manufacturing Solutions for SMEs

    DEFF Research Database (Denmark)

    Radziwon, Agnieszka; Bogers, Marcel; Bilberg, Arne

    2014-01-01

    specifically examine how these SMEs collaborate with both competitors and complementors in an innovative automation project. The findings include a decreasing importance of monetary motivation, a direct competitors paradox, and leadership and ownership's issues, on both inter- and intra-company level.......In this paper, we investigate how small manufacturing companies can apply open innovation in the context of process innovation. We present a case study, with embedded action research elements, of a particular set of SMEs that implement a collaborative solution for manufacturing processes. We...

  11. Developmental Challenges of SMES Technology for Applications

    Science.gov (United States)

    Rong, Charles C.; Barnes, Paul N.

    2017-12-01

    This paper reviews the current status of high temperature superconductor (HTS) based superconducting magnetic energy storage (SMES) technology as a developmental effort. Discussion centres on the major challenges in magnet optimization, loss reduction, cooling improvement, and new development of quench detection. The cryogenic operation for superconductivity in this technological application requires continued research and development, especially with a greater engineering effort that involves the end user. For the SMES-based technology to more fully mature, some suggestions are given for consideration and discussion.

  12. Human relations in SMEs from Arequipa

    Directory of Open Access Journals (Sweden)

    Walter Lizandro Arias Gallegos

    2014-02-01

    Full Text Available The present research settles as aim, to determine the kind of human relations which prevail in small and medium enterprises (SMEs at Paucarpata district from Arequipa City. In order to, we use the Human Relations Questionnaire with acceptable levels of validity and reliability (α = 0,648 and discriminate between four types of human relations: unsecure, collaborative, selfish and hostile. The results point that predominant human relations in SMEs are the hostile type, and make us to suppose that work conditions don’t benefit employees and could even have negative consequences in their job performance and welfare.

  13. Growth attributes – closing the GAP in Family-SMEs

    DEFF Research Database (Denmark)

    Brink, Tove; Neville, Mette

    -sized Enterprises (SMEs)” to enhance the growth opportunities present in the EU SMEs. Most initiatives focus on creating better framework conditions for SMEs. However, research shows that growth is hampered by a number of internal factors. Many SMEs often lack the important internal attributes for growth pointed...... out in theory and empirical studies, which means that there is a gap between theory and practice when it comes to growth attributes in SMEs. This paper provides an enhanced understanding of whether gap-filling between theory and practice in family-SMEs is possible and whether gap-filling will actually...... stimulate growth. The findings are based on a large-scale research project involving 24 Danish family-SMEs, which completed a learning and development process over a period of three years. The aim of the project was to examine whether such a process which focused on a combination of some of the most...

  14. Discovering Gaps in Internationalization Competences of SMEs¨Ca Comparative Case Study of Austrian SMEs

    OpenAIRE

    Johanna Anzengruber

    2015-01-01

    This article adds to the debate on internationalization competences of SMEs. After an examination of the most influential papers, we systematically discuss the role of individual and organizational competence gaps before and during the internationalization phase. In more detail, we raise the question what kinds of competences gaps hinder SMEs to go international and what competence gaps arise during the internationalization. This is done using a comparative case study design with competence g...

  15. Expert systems

    International Nuclear Information System (INIS)

    Haldy, P.A.

    1988-01-01

    The definitions of the terms 'artificial intelligence' and 'expert systems', the methodology, areas of employment and limits of expert systems are discussed. The operation of an expert system is described, especially the presentation and organization of knowledge as well as interference and control. Methods and tools for expert system development are presented and their application in nuclear energy are briefly addressed. 7 figs., 2 tabs., 6 refs

  16. Expert Systems

    OpenAIRE

    Lucas, P.J.F.

    2005-01-01

    Expert systems mimic the problem-solving activity of human experts in specialized domains by capturing and representing expert knowledge. Expert systems include a knowledge base, an inference engine that derives conclusions from the knowledge, and a user interface. Knowledge may be stored as if-then rules, orusing other formalisms such as frames and predicate logic. Uncertain knowledge may be represented using certainty factors, Bayesian networks, Dempster-Shafer belief functions, or fuzzy se...

  17. The Need for Standardization in SMEs Networks

    Directory of Open Access Journals (Sweden)

    Ivana Mijatovic

    2014-05-01

    Full Text Available Many SMEs networking initiatives failed because of the absence of trust among companies and between companies and government, leadership and management approaches as well as absence of entrepreneurial skills in managing business networks. Even though local governments or regional agencies have a capacity to mobilize actors from the public and private sectors, generic public initiatives are proved not to be enough. The private sector should also be supported in gathering around joint interests and solving their mutual problems, thus improving business and competitiveness. Research, management and policy instruments to support SMEs will need to have some other directions. Can standardization be one of the directions? The main objective of this paper is to present some aspects of need for standardization in SMEs networking initiatives. The solution to actual or potential matching problems (intended and expected to be used repeatedly or continuously, during a certain period, by a substantial number of parties for whom they are meant can be formalized as standard. The standard development process can serve as basis for building connections and trust among cluster members. Even though some researche emphasizes the role of ad hoc de facto standards as well as standardization in the contexts of achievement of the optimum degree of order in SMEs networks, specific experience is evident in all cases, but experience in design of ad hoc de facto standards and standardization management are still missing.

  18. SMEs and CSR in Developing Countries

    DEFF Research Database (Denmark)

    Jamali, Dima; Lund-Thomsen, Peter; Jeppesen, Søren

    2017-01-01

    This article is the guest editors’ introduction to the special issue in Business & Society on “SMEs and CSR in Developing Countries.” The special issue includes four original research articles by Hamann, Smith, Tashman, and Marshall; Allet; Egels-Zandén; and Puppim de Oliveira and Jabbour...

  19. Corporate social responsibility motivations in Zambian SMEs

    NARCIS (Netherlands)

    Choongo, P.; van Burg, J.C.; Paas, L.J.; Masurel, Enno; Lungu, John

    2017-01-01

    This paper examines the motivations of different forms of corporate social responsibility (CSR) by small and medium-sized enterprises (SMEs) in an under-researched Sub-Saharan African country, Zambia. The results show that internal motivations (financial motivation and moral and ethical motivation)

  20. Corporate Brand Identity Development in SMEs

    DEFF Research Database (Denmark)

    Gyrd-Jones, Richard; Törmälä, Minna

    2016-01-01

    We study the interactive narratives that underpin the emergence of corporate brand identity in new venture SMEs. We apply a process perspective that considers the complex interactions between layers of identities and sense-making in and around the organisation in the stakeholder eco-system. We...

  1. Benchmarking and energy management schemes in SMEs

    Energy Technology Data Exchange (ETDEWEB)

    Huenges Wajer, Boudewijn [SenterNovem (Netherlands); Helgerud, Hans Even [New Energy Performance AS (Norway); Lackner, Petra [Austrian Energy Agency (Austria)

    2007-07-01

    Many companies are reluctant to focus on energy management or to invest in energy efficiency measures. Nevertheless, there are many good examples proving that the right approach to implementing energy efficiency can very well be combined with the business-priorities of most companies. SMEs in particular can benefit from a facilitated European approach because they normally have a lack of resources and time to invest in energy efficiency. In the EU supported pilot project BESS, 60 SMEs from 11 European countries of the food and drink industries successfully tested a package of interactive instruments which offers such a facilitated approach. A number of pilot companies show a profit increase of 3 up to 10 %. The package includes a user-friendly and web based E-learning scheme for implementing energy management as well as a benchmarking module for company specific comparison of energy performance indicators. Moreover, it has several practical and tested tools to support the cycle of continuous improvement of energy efficiency in the company such as checklists, sector specific measure lists, templates for auditing and energy conservation plans. An important feature and also a key trigger for companies is the possibility for SMEs to benchmark anonymously their energy situation against others of the same sector. SMEs can participate in a unique web based benchmarking system to interactively benchmark in a way which fully guarantees confidentiality and safety of company data. Furthermore, the available data can contribute to a bottom-up approach to support the objectives of (national) monitoring and targeting and thereby also contributing to the EU Energy Efficiency and Energy Services Directive. A follow up project to expand the number of participating SMEs of various sectors is currently being developed.

  2. EXPERT SYSTEMS

    OpenAIRE

    Georgiana Marin; Mihai Catalin Andrei

    2011-01-01

    In recent decades IT and computer systems have evolved rapidly in economic informatics field. The goal is to create user friendly information systems that respond promptly and accurately to requests. Informatics systems evolved into decision assisted systems, and such systems are converted, based on gained experience, in expert systems for creative problem solving that an organization is facing. Expert systems are aimed at rebuilding human reasoning on the expertise obtained from experts, sto...

  3. Expert System

    DEFF Research Database (Denmark)

    Hildebrandt, Thomas Troels; Cattani, Gian Luca

    2016-01-01

    An expert system is a computer system for inferring knowledge from a knowledge base, typically by using a set of inference rules. When the concept of expert systems was introduced at Stanford University in the early 1970s, the knowledge base was an unstructured set of facts. Today the knowledge b...... for the application of expert systems, but also raises issues regarding privacy and legal liability....

  4. The Dynamic Internationalization Model of Slovenian Born Global SMEs

    Directory of Open Access Journals (Sweden)

    Ina Lejko

    2013-01-01

    Full Text Available Small and medium sized enterprises (SMEs are important businessactors in the Slovenian, as well as European economy. Inaddition to the current global market conditions, reflecting a severeeconomic downturn, the SMEs in Slovenia and other transitioneconomies operate under additional extensive external pressures,arising from the opening of their domestic markets. Undersuch conditions, companies, including SMEs, perceive internationalizationas an inevitable, or even urgent step in the processof their business operations. However, companies pursue differentpaths in their internationalization efforts, one of them beinga rapid internationalization strategy, denoted as the Born Globalconcept. In the paper, we explore the internationalization processof Slovenian Born Global SMEs. We employ an exploratory qualitativecase study analysis of selected Slovenian SMEs in order tograsp the key characteristics of their internationalization process.On the basis of the latter we construct a dynamic internationalizationmodel that might be used as a conceptual framework forempirical research of dynamic SMEs market behavior in Sloveniaand other transition countries.

  5. Network Business Environment for Open Innovation in SMEs

    OpenAIRE

    Ţoniş BuceaManea, Rocsana; Catană, Mădălin Gabriel; Tonoiu, Sergiu

    2014-01-01

    The SMEs represent an important factor of growth in both developed and developing countries, into which, however, they face different obstacles in the process of innovation. This paper analyses how open communication and collaboration can help SMEs in their struggle for sustainable innovation and profitable market competition. Based on a literature review, a number of obstacles that SMEs have to overcome in their current activity and possible support to be competitive are revea...

  6. ORGANIZATIONAL CHANGE MODELS IN SMALL AND MEDIUM SIZED ENTERPRISES (SMES)

    OpenAIRE

    Oliviana Bold, Ph. D Student

    2011-01-01

    Bringing forward the concepts of change and change management is no longer surprising nowadays. Small and Medium Enterprises (SMEs) face unique and difficult challenges in the business environment. Challenges to the growth and viability of Small and Medium Enterprises (SMEs) are arising from several external factors, like globalization, increased customer expectations or competition, technological advances, all of the factors being determined by the change. SMEs need to successfully deal with...

  7. The usage of digital marketing channels in SMEs

    OpenAIRE

    Taiminen, Heini; Karjaluoto, Heikki

    2015-01-01

    Purpose – The purpose of this paper is to provide insights into the utilization and goals of digital marketing, and examines factors that influence the adoption and use of digital marketing channels in SMEs. Design/methodology/approach – The data comprises semi-structured theme interviews in SMEs among 16 managers and 421 survey respondents in Central Finland. Findings – The results of this study reveal that SMEs seem not use the full potential of the new digital tools, and s...

  8. The conceptual design and economic evaluation of utility scale SMES

    International Nuclear Information System (INIS)

    Masuda, M.

    1986-01-01

    The paper reports the result of current Japanese activities in designing and evaluating the economic feasibility of utility Superconducting Magnetic Energy Storage (SMES). The 5 GWh/1 GW is proposed as a relevant unit of SMES in the year 2000. More than 20 companies, several universities and two national laboratories joined in a task force to study this technology. After three year's assessment, the conclusion on utility scale SMES is that no unresolvable technologies have been found and commercialization potential exists

  9. Effects of SMES units on power system stability

    International Nuclear Information System (INIS)

    Byerly, R.T.; Juves, J.A.

    1980-01-01

    A mathematical model suitable for representing SMES units in power system stability studies has been developed and incorporated into an existing large-scale stability program. Demonstration studies have been performed which emphasize the use of SMES units to improve the damping of oscillations associated with synchronizing power flow among generators. The capability exists to conduct stability studies of large systems which include SMES units

  10. Governance mechanisms, investment opportunity set and SMEs cash holdings

    OpenAIRE

    Belghitar, Yacine; Khan, James

    2013-01-01

    This study analyses the effect of firm characteristics and governance mechanisms on cash holdings for a sample of UK SMEs. The results show that UK SMEs with greater cash flow volatility and institutional investors hold more cash; whereas levered and dividend paying SMEs with non-executive ownership hold less cash. We also find that ownership structure is significant only in explaining the cash holdings for firms with high growth investment opportunities, and leverage is only significant in e...

  11. EMPIRICAL STUDY REGARDING PERCEPTIONS OF THE IFRS FOR SMEs IN ARAD COUNTY

    Directory of Open Access Journals (Sweden)

    Ioana Herbei Mot

    2014-09-01

    Full Text Available IFRS for SMEs is a change among of each entity, leading both to the positive and negative aspects regarding its application. Our study aims to present the perceptions of accounting experts on the application of IFRS for SMEs in Arad County. For the study was used the questionnaire based on resulted the pros and cons of applying standard responses to small and medium - sized entities, considering the law the main reason for applying standard. The Professional accountants believes that rules should have a major impact among listed entities, which leads to benefits and also difficulties. As benefits we enumerate improving, comparability and transparency of accounting information and as difficulties specify the auditing, the connection accountancy - fiscality and the report cost - benefit, but we cant fail to mention the lack of skilled personnel. Although there are a number of obstacles and costs as regards implementing IFRS for SMEs in Arad, and national level our respondents were equally agree with the application or non-application of this standard. We mention that the application of this standard requires more than a simple exercise because the rules used may have influenced in the content of the financial statements of the entity.

  12. Superconductive magnetic energy storage (SMES) external fields and safety considerations

    International Nuclear Information System (INIS)

    Polk, C.; Boom, R.W.; Eyssa, Y.M.

    1992-01-01

    This paper addresses preferred SMES configurations and the external magnetic fields which they generate. Possible biological effects of fields are reviewed briefly. It is proposed that SMES units be fenced at the 10 gauss (1 mT) level to keep unrestricted areas safe, even for persons with cardiac pacemakers. For a full size 5000 MWh (1.8 x 10 13 J) SMES the magnetic field decreases to 10 gauss at a radial distance of 2 km from the center of the coil. Other considerations related to the environmental impact of large SMES magnetic fields are discussed briefly

  13. ROMANIAN SME-S AFTER INTEGRATION IN EUROPEAN UNION

    Directory of Open Access Journals (Sweden)

    Corina Ana BORCOŞI

    2010-03-01

    Full Text Available According with the White Charter of Romanian SME-s 2007, Romanian integration in European Union was considered a great opportunity for the 46,67% of SME-s, just 9,18% of SME-s consider it like a major threatening. Romanian integration in European Union gave us much benefits and big responsibilities for all participants to this complex and long action, which is integration. The influence of integration in EU for SME-s was manifested in some special directions like: human resource, quality and competitiveness, ethics in business.

  14. RESILIENCE AND ENTERPRISE ARCHITECTURE IN SMES

    Directory of Open Access Journals (Sweden)

    Rui Gomes

    2015-12-01

    Full Text Available Considering that SMEs need to embrace the drivers of resilience and that a well-defined and readily available Enterprise Architecture (EA supports enterprise integration by enabling the common view of business processes, data and systems across the enterprise and its partners, we can say that EA is one of the tracks making resilience predictable and it should support and collaborate with other resilience tracks. However, the EA frameworks do not give relevance to the activities that contribute most to business resilience, so this paper aims to clarify the dimensions and the activities related to the development of an EA and the touching points with other enterprise wide processes in order to guarantee that resilience requirements are met in SMEs. For this I propose an approach of ecological adaptation, and four architectures: business, organizational, information, and technological, although this paper only presents the Business and Organizational Architectures.

  15. Network characteristics and open innovation in SMEs

    DEFF Research Database (Denmark)

    Pedersen, Maja; Søndergaard, Helle Alsted; Esbjerg, Lars

    The open innovation literature has primarily been concentrating on open innovation (OI) in large companies. Hence it is very unclear whether these findings can be generalized to small and medium-sized enterprises (SMEs). This paper begins filling in this knowledge gap. In doing so, we focus...... explicitly on understanding network characteristics and the unfolding of OI in SMEs. Case studies were used and empirical data was mainly generated through semi-structured interviews. Cases selected for study were companies in the Danish food industry with less than 499 employees. In this paper we report our...... findings for four cases. Our study shows that companies with a relatively open innovation process have both strong and weak ties with external partners. Companies with a relatively more closed innovation process have on the other hand only few weak ties and no strong ties with external partners....

  16. Perceptions of Circular Business Models in SMEs

    Directory of Open Access Journals (Sweden)

    Sebastian-Ion Ceptureanu

    2018-05-01

    Full Text Available Testing circular economy business models is crucial in understanding Circular Economy features across various industries. This paper analyses Circular Economy perceptions in Romanian SMEs by investigating entrepreneurs from PVC joinery industry. Using a multidimensional framework, ReSOLVE, as a conceptual model, and Lewandowski systematization, we measured 6 business actions and their relations with Value creation. The results of our survey can be described as mixed. Of the 6 business actions of ReSOLVE framework, for half of them (Regenerate, Optimize and Exchange we can definitely conclude that these are correlated with Circular Economy in terms of Value Creation, while for a fourth there are variables significantly correlated without being able to conclude its overall contribution in terms of Value creation. Our empirical investigation contributes to literature development on Circular Economy research in SMEs and a step forward to shape future research initiatives.

  17. LEARNING ORGANISATION CHALLENGE FOR ROMANIAN PHARMACEUTICAL SMEs

    Directory of Open Access Journals (Sweden)

    Otilia-Maria BORDEIANU

    2014-04-01

    Full Text Available The concept of the learning organization has gone through many changes both theoretically and also as practical implementation. Learning organizations do not appear automatically, they require a strong commitment for developing the skills needed in the workplace, and this commitment should start from the top of the organization. The learning process should be managed at different levels within the organization. Learning, therefore, is made up of several different components and requires a special management. Successful companies are the result of carefully cultivated attitudes, commitments and management processes. This paper investigates the learning organization dimensions analysed in case of pharmaceutical SMEs from Romania. The results obtained in this study allow us to draw relevant conclusions, constituting a practical starting point for businesses. The paper highlights the fact that SMEs pharmaceutical companies have taken important steps toward learning organization model, but reaching different levels from one key dimension to another.

  18. Offshoring practices of Danish and Swedish SMEs

    DEFF Research Database (Denmark)

    Wæhrens, Brian Vejrum; Slepniov, Dmitrij; Johansen, John

    2015-01-01

    This paper examines how small and medium enterprises (SMEs) configure their operations on the global scale and how this affects their home bases in terms of operations requirements and priorities. In order to relate SMEs’ offshoring initiatives with their operations configuration attributes, we...... draw on the operations networks literature and survey responses from 675 Danish and 410 Swedish companies. On the basis of the survey results, we find that although the SMEs are less experienced and less advanced in their offshoring ventures than large companies, they are building dispersed operations...... networks. Although still in their infancy, these networks are, as expected, creating new demands for their home bases in terms of demands for formalisation of work processes, systems development and managerial capability related to orchestrating operations across national borders, but more fundamentally...

  19. Building Philippine SMEs Resilience to Natural Disasters

    OpenAIRE

    Ballesteros, Marife M.; Domingo, Sonny N.

    2015-01-01

    Disasters are bad for business specifically for small and medium enterprises (SMEs). These catastrophic events can compromise capital, logistics, product market, and labor, which compromise business continuity and recovery. Physical damage and disruptions in supply and labor can cause temporary business closure while structural repairs to buildings and recovery or replacement of damaged equipment needed to restore operations require large amount of resources. The adverse impact may not only b...

  20. Short Considerations on Tax Competition for SMEs

    OpenAIRE

    Florin Tudor

    2011-01-01

    Tax competition is particularly evident with regard to attracting foreign direct investment, portfolio investment to finance investment, higher skilled jobs, etc. Taxpayers may choose thus the tax for those residences that offer a combination of public goods and taxes that satisfy the highest preferences. Starting from the main rules in the field of taxation, our study aims to identify those opportunities that can benefit SMEs on a background of fierce tax competition fierce competition in EU.

  1. Software Process Improvement for SMEs using OMM

    OpenAIRE

    Rodríguez, Jessica

    2010-01-01

    Software Process Improvement initiatives have been implemented by many companies in order to achieve quality of products and practices. Many models like CMMI and IDEAL have been adopted as a means to gain competitive advantages among competitors and trustworthiness of customers. Although these models have proved successful results, the inherent characteristics of SMEs make it difficult and in many cases unfeasible to implement such models, without meaning that those companies are less capable...

  2. Sourcing of Accounting: Evidence from Belgian SMEs

    OpenAIRE

    P. EVERAERT; G. SARENS; J. ROMMEL

    2006-01-01

    Purpose: Firstly, this paper investigates the sourcing strategy of small and medium sized companies (SMEs) in terms of accounting tasks. Secondly, this paper also attempts to find motivations for the sourcing strategy of accounting. Thirdly, this paper investigates whether the sourcing strategy is related to firm size, industry and familiarity with outsourcing of other support tasks. The following accounting tasks are considered in this study: (1) entry of invoices and financial transactions,...

  3. Design and modelling of a SMES coil

    Energy Technology Data Exchange (ETDEWEB)

    Yuan Weijia; Campbell, A M; Coombs, T A, E-mail: wy215@cam.ac.u [EPEC Superconductivity group, Engineering Department, 9 JJ Thomson Avenue, Cambridge, CB3 0FA (United Kingdom)

    2010-06-01

    The design of a Superconducting Magnetic Energy Storage (SMES) coil wound by coated conductors has been presented. Based on an existing model for coated conductor pancake coils, this paper analysed the magnetic field and current density distribution of the coil at two different operation temperatures, 77K and 22K. A comparison table of the critical currents and AC losses at these two temperatures has been presented. Several steps to improve the transport current of the coil have been suggested as well.

  4. Internationalization of SMES: business opportunities in Chile

    OpenAIRE

    Correia, João Filipe Amado

    2016-01-01

    The main goal of this study is to identify the main business opportunities in Chile, legal advantages in the business perspective and entry strategies for small and medium sized enterprises (SMEs). The methodology used was qualitative, by conducting several interviews with chamber of commerce representative from Portugal in Chile and Chile in Portugal, several young entrepreneurs from different nations operating in Chile, the CEO of a Spanish company that decided to not internationalize to...

  5. The Internationalization of SMEs in Costa Rica

    OpenAIRE

    Leiva Bonilla, Juan Carlos

    2013-01-01

    This article aims to analyze the internationalization process of small and medium enterprises (SMEs) in Costa Rica. Its ultimate goal is to draw conclusions that might enable the various stakeholders in the process (businesses, government, support agencies, and academia) to make decisions based on better information. To do this we will review the current status of this business sector, compare the patterns of internationalization identified in the theory with those experienced by Costa Rican ...

  6. Creative clusters: a new era for SMEs?

    OpenAIRE

    Oxborrow, L

    2012-01-01

    Objectives: The paper illustrates how the characteristics of industry clusters are revived in a new era for SME networks. It explores how a succession of industry shocks - increased global competition, recession and reduced policy support - have stimulated an innovative response in creative SMEs. The paper goes on to investigate the clustering experience of a small group of creative entrepreneurs in pursuing networked activities, with a view to identifying lessons that can be learnt to suppor...

  7. Factors influencing access to finance by SMEs in Mozambique: Case of SMEs in Maputo central business district

    OpenAIRE

    Osano, Hezron Mogaka; Languitone, Hilario

    2016-01-01

    SMEs play an important role in the economic development of Mozambique. Access to finance is important for the growth of SMEs. Thus, the purpose of the study was to establish the factors that influence access to finance by SMEs. The factors that were addressed included structure of financial sector, awareness of funding opportunities, collateral requirements, and small business support services. The target population was 2725 which comprised of 2075 staff of three Banks, namely BIM Bank, BCI B...

  8. SMEs AND INNOVATION – CASE OF MACEDONIA

    Directory of Open Access Journals (Sweden)

    ANETA RISTESKA JANKULOSKA

    2016-10-01

    Full Text Available Considering the dynamic environment, competitiveness of small and medium enterprises depends on the speed with which new products can be presented in the market. Innovation represent specific instrument of entrepreneurship, and in general entrepreneurs are bringing innovation. Innovation represents activity that impregnates the existing resources with new capacities for creation of resources. Innovation sometimes may result in brand new, unknown product or replacement of some existing function for it’s more efficient and successful performance. SMEs are more innovative than larger firms, due to their flexibility and their ability to quickly and efficiently integrate inventions created by the firms’ development activities. Hence, in this paper the main focus will be on SMEs in Macedonia, their innovation and the business environment, excually the influence of business environment for creating innovation. To prove this we will test three hypotheses by using the ANNOVA model and in the end of the paper based on the obtained results we will purpose a measures for improving the business environment in Macedonia in order to stimulate SMEs innovation.

  9. SMEs Growth in the Czech Republic: Some Macroeconomic Perspectives

    Directory of Open Access Journals (Sweden)

    Christian Nedu Osakwe

    2015-01-01

    Full Text Available Small and medium enterprises (SMEs are seen as a vehicle for employment generation, wealth creation, economic growth and development in countries that have a sound investment climate. SMEs, account for approximately one-third of GDP, over 50% of the value added, 99% of the share of total registered enterprises, and represent 60% of total employment in the Czech Republic. In the light of this background, the paper explores the influence of some macroeconomic variables on SMEs growth in the Czech Republic for the period 1995–2013. In order to assess the impacts of these critical macroeconomic variables (e.g., rate of unemployment, economic growth, credit provided by the financial sector on SMEs growth, we employed an econometric technique. Our findings suggest a concave relationship between unemployment and SMEs growth in the Czech Republic. More precisely, it signifies that beyond a turning point, unemployment is likely to slow down SMEs growth in the country. Our results further hint at a positive relationship between economic growth and SMEs growth. However, our empirical estimates showed an insignificant relationship between domestic credit provided by the financial sector and SMEs growth in the country. The government of the Czech Republic should continue to provide an enabling investment climate and support for bolstering a sustainable SMEs development within the country. Similar to the extant literature, we have also implored the Czech government to do more with regard to the provision of easier access and affordable credits/loans to SMEs. We have also called for the reduction of bureaucratic bottlenecks that might have to do with SMEs legislations in the country.

  10. Expert Witness

    African Journals Online (AJOL)

    Adele

    formal rules of evidence apply) to help it understand the issues of a case and ... statements on medical expert witness by professional representative bodies in .... determining the size of the financial settlement that may have to be made to the.

  11. Coping with Risk in the Internationalization of SMEs

    DEFF Research Database (Denmark)

    Eduardsen, Jonas Strømfeldt; Marinova, Svetla Trifonova

    2015-01-01

    managerial perceptions influence risk accommodation. Semi-structured interviews were used to explore experiences of a group of international Danish SMEs. Findings show that SMEs follow different strategies of coping with risk and uncertainty in the internationalization process depending on key decision...

  12. Universities, SMEs and Innovation Frameworks: Think Global, Act Local?

    Science.gov (United States)

    Pickernell, David; Clifton, Nick; Senyard, Julienne

    2009-01-01

    Universities are increasingly encouraged to take a leading role in economic development, particularly through innovation. Simultaneously, economic development policy itself is increasingly focused on small and medium-sized enterprises (SMEs), creating overlapping interactions in the roles of government policy, universities and SMEs and the…

  13. Develop risk-based procurement management tools for SMEs

    NARCIS (Netherlands)

    Staal, Anne; Hagelaar, Geoffrey; Walhof, Gert; Holman, Richard

    2016-01-01

    This paper provides guidance for developing risk-based management tools to improve the procurement (purchasing) performance of SMEs. Extant academic literature only offers little support on developing such tools and does not consider the wide variety of SMEs. The paper defines a procurement tool for

  14. Foundational Competencies for Enhancing Work Engagement in SMEs Malaysia

    Science.gov (United States)

    Haruna, Aliyu Yelwa; Marthandan, Govindan

    2017-01-01

    Purpose: This study aims to examine the impact of foundational competencies on work engagement in the context of the Malaysian small and medium enterprises (SMEs) service sector. Design/Methodology/Approach: This is a cross-sectional study conducted in Malaysia, and data were gathered via a survey on 312 employees representing SMEs service…

  15. Supporting Sustainable Strategies for SMEs through Training, Cooperation and Mentoring

    Science.gov (United States)

    Brien, Emma O.; Hamburg, Ileana

    2014-01-01

    In order to remain successful and competitive in business today it is important that SMEs can sustain themselves by adapting to economic changes. SMEs have a distinct advantage over large companies in that they have less bureaucracy and hierarchical restrictions and can implement changes quickly. However often they are slow to change their way of…

  16. Business risks in the SMEs from the North East region

    Directory of Open Access Journals (Sweden)

    Leronard Ovidiu TURCU

    2014-04-01

    The vulnerabilities of the SMEs are mainly linked to the decreasing available resources, to the excessive dependence on the entrepreneurs’ financial decisions and to the changing business environment. In order to revive the SMEs sector in Romania there is a need for more rigorous approaches, based on the implementation of business strategies.

  17. Open innovation in SMEs : trends, motives and management challenges

    NARCIS (Netherlands)

    Vrande, van de V.J.A.; Jong, de J.P.J.; Vanhaverbeke, W.P.M.; Rochemont, de M.H.

    2009-01-01

    Open innovation has so far been studied mainly in high-tech, multinational enterprises. This exploratory paper investigates if open innovation practices are also applied by small- and medium-sized enterprises (SMEs). Drawing on a database collected from 605 innovative SMEs in the Netherlands, we

  18. Plans on developments of a SMES system in Kyushu

    International Nuclear Information System (INIS)

    Takeo, M.; Sato, S.; Kunaki, K.; Okada, H.; Ezaki, T.; Sumiyoshi, F.; Irie, F.; Tokunaga, T.; Kanetaka, H.; Ichiki, A.

    1993-01-01

    We have continued an investigation on superconducting magnetic energy storage (SMES) systems. Here, we review recent progresses in the Kyushu community, in relation with a national project of SMES by the Agency of National Resources and Energy in MITI of Japan. (orig.)

  19. Leadership styles and quality of work life in SMEs

    Directory of Open Access Journals (Sweden)

    T. S. Nanjundeswaraswamy

    2015-01-01

    Full Text Available Small and Medium Enterprises (SMEs in India are currently facing the challenges of increased competitions. In such environment, labor retention is very important factor for competition and survival. In this context, appropriate leadership styles and Quality of Work Life (QWL are very important factors for survival. Literature on QWL is limited to SMEs and several studies commonly correlated with only QWL dimensions but no study on QWL has association with Leadership styles. This empirical study is accomplished to predict QWL in relation to Transformational and Transactional leadership styles. The sample consists of 240 Mechanical Manufacturing SMEs in Bangalore, India. To draw the inference chi-square test, Pearson correlation and regression analysis was carried out for the collected data using Mini Tab14. The results indicate that 25% of SMEs have implemented good QWL, in 56.6% of SMEs have implemented Transformational leadership styles; QWL of SMEs has significant association with Leadership styles. QWL and Leadership styles of SMEs are independent of demographical factors of SMEs like age of the firms, size of the firms, and cost of the project. QWL dimensions like work environment, relation and cooperation, autonomy of work has a significant association with leadership style. For both transformational and transactional leadership style job satisfaction and job security has highest correlation coefficient.

  20. Role of Cooperatives in Small and Medium Scale Enterprises (SMEs ...

    African Journals Online (AJOL)

    The paper examined the contributions of cooperatives to small and medium scale enterprises (SME) development, identified the challenges and to suggested ways of strengthening this role. The paper argued that SMEs are the key to Nigeria‟s prosperity, but that past efforts by the government to promote SMEs has not ...

  1. Use of Patent Information : Empirical Evidence from Innovative SMEs

    NARCIS (Netherlands)

    Masurel, Enno

    2005-01-01

    This paper discusses the use of patent information by innovative SMEs. The standard literature tends to focus on obtaining patents; studies of using patent information for different purposes are underrepresented in the innovation literature. Studying the case of SMEs is especially interesting,

  2. University - SMEs Collaboration to Support the Economic Growth: A ...

    African Journals Online (AJOL)

    ... support prevent many of these companies to even think of new investment. ... Local Universities can support SMEs by designing low cost equipment to meet their needs. ... doing the link between University and SMEs and the funding institutions. ... Many small projects have already been considered by the University of ...

  3. Computational quench model applicable to the SMES/CICC

    Science.gov (United States)

    Luongo, Cesar A.; Chang, Chih-Lien; Partain, Kenneth D.

    1994-07-01

    A computational quench model accounting for the hydraulic peculiarities of the 200 kA SMES cable-in-conduit conductor has been developed. The model is presented and used to simulate the quench on the SMES-ETM. Conclusions are drawn concerning quench detection and protection. A plan for quench model validation is presented.

  4. Specifics of the Internationalization Process of Czech Engineering SMEs

    Directory of Open Access Journals (Sweden)

    Lea Kubíčková

    2015-01-01

    Full Text Available The aim of this paper is to define the specifics of the internationalization process of Czech engineering small and medium-sized enterprises (SMEs. Based on primary data collection among Czech engineering SMEs there were defined the main motives of the internationalization. There were also identified the factors subjectively considered by SMEs as the key success factors of the internationalization process. Attention was also paid to subjectively perceived risk factors of the internationalization process and to the issue of risk management in the internationalization process, while it was investigated whether the risk management affects the intensity of export of Czech engineering SMEs. Data were collected via electronic questionnaire surveys conducted in 2011 and 2012. In total 194 respondents (engineering SMEs filled the questionnaires. The obtained data were processed on the basis of descriptive statistics. Moreover hypothesis testing was performed.

  5. Superconducting magnetic energy storage (SMES). Results of a technology assessment

    International Nuclear Information System (INIS)

    Fleischer, T.; Juengst, K.P.; Brandl, V.; Maurer, W.; Nieke, E.

    1995-05-01

    The authors report on results of a Technology Assessment study commissioned by the German Federal Ministry of Education, Science, Research and Technology. The objective of this study was to evaluate the potential of superconducting magnetic energy storage (SMES) technology with respect to the economical, political and organization structures in the Federal Republic of Germany. The main focus of the study was on the technical and economic potential of large-scale SMES for diurnal load levelling applications. It was shown that there is no demand for the development of large SMES in Germany in the short and medium term. A second range of applications investigated is storage of electric energy for immediate delivery or consumption of electric power in case of need or for periodic power supply within the range of seconds. Due to its excellent dynamic properties SMES has substantial advantages over conventional storage technologies in this field. For those so-called dynamic applications SMES of small and medium energy capacity are needed. It was shown that SMES may be economically attractive for the provision of spinning reserve capacity in electrical networks, in particular cases for power quality applications (uninterruptable power supply, UPS) and for the compensation of cyclic loads, as well as in some market niches. The use of SMES for storage of recuperated energy in electrical railway traction systems has been proven to be uneconomical. Mobile SMES applications are unrealistic due to technical and size limitations. In SMES systems the energy is stored in a magnetic field. Biological objects as well as technical systems in the vicinity of a SMES plant are exposed to this field. The knowledge on impacts of magnetic fields on sensitive technical systems as well as on living organisms and especially on effects on human health is rather small and quite uncertain. (orig./MM) [de

  6. Distance Management of SMEs Using ICT Solutions

    Directory of Open Access Journals (Sweden)

    Zdzislaw Polkowski

    2017-06-01

    Full Text Available The paper contains a description of a research conducted in collaboration with some Erasmus for Young Entrepreneurs program Romanian students, concerning the use and implementation of ICT (Information and Telecommunication Technology, especially in distance managing Small and Medium Enterprises (SMEs. The paper is a response to the nature of contemporary business management, with the constantly increasing amount of work, bureaucracy and the necessity to travel on business combined with the need to manage the company being away. In the research the students assumed the roles of the employees and entrepreneurs simultaneously, to gain the perspective from both points of view – supervised by the authors. The aim was to find and test the effectiveness of the available ICT remote management instruments in the context of SMEs. The aim was to create a study of implementation in real-life conditions, considering the advantages and disadvantages of the solutions tested, including possible future trends. The result was a set of recommendations for business people. Apart from the educational value of the research, the unique, dual perspective assumed by the students participating in it, provided them with a practical insight and skills to better understand and make a better use of the conditions of managing and being managed. The results described here both practical and academic value. The resulting recommendations may constitute the basis of positive changes and improvement in the use of advanced technology in business activities. It is worth noting with its international character the study focuses not only on selected Polish enterprises, but the resulting contents reflects the situation in SMEs in the EU as well, thus it may be a starting point for analyzing other regions worldwide.

  7. SMES based power modulator - status August 2001

    International Nuclear Information System (INIS)

    Juengst, K.P.; Gehring, R.; Kudymow, A.; Suess, E.

    2001-10-01

    Based on a superconducting magnetic energy storage (SMES) a long-pulse klystron modulator has been designed for use in the TESLA test facility (TTF) at DESY, Hamburg. A proto-type with an output power of 25 MW is under development at Forschungszentrum Karlsruhe in cooperation with the office of engineering lbK at Karlsruhe. Including a pulse transformer (1:13/11.5), the system will deliver pulses of 130 kV or 115 kV, 1.7 ms pulse length with a flat top of ± 0.5%, at a repetition rate up to 10 Hz. This new system's main features are a highly dynamic SMES (> 100 T/s), a high current power supply (rated 27 V/2.6 kA), a switched-mode high voltage power supply (rated 14 kV/45 A), a fast thyristor power switch for 2.6 kA approx. continuous current/ 2 ms break, an IGCT power switch rated 2.6 kA/14 kV, a protection switch unit and a system control unit. This demonstration system is to serve alternatively two klystrons of 5 MW RF output or one multibeam klystron of 10 MW RF output. A significant part of the components of the system has been built. A first set of the system components had been arranged to form a model of the modulator and 1 MW pulses were generated. The next large step in the area of the power electronic part is to increase the power of this test arrangement up to 10 MW. The SMES and its cryostat have undergone initial testing. The data acquisition and control system under development at DESY has been taken over and adjusted to our computer and experimental environment. (orig.)

  8. Drivers of productivity in Vietnamese SMEs

    DEFF Research Database (Denmark)

    Calza, Elisa; Goedhuys, Micheline; Trifkovic, Neda

    2017-01-01

    Using a rich panel dataset of SMEs active in the manufacturing sector in Viet Nam, this paper investigates the drivers of firm productivity, focusing on the role played by international management standards certification. We develop and test the hypothesis that, controlling for technological...... international standards, the main findings show that the possession of an internationally recognized standard certificate leads to significant productivity premium. We further investigate the relationship between technological innovation and standard adoption. We find that the likelihood of certificate adoption...... is higher when firms implement technological innovations and that the effect of certification on productivity is particularly strong for firms with technological innovation....

  9. Corporate governance and audit features: SMEs evidence

    OpenAIRE

    Al-Najjar, Basil

    2018-01-01

    Purpose\\ud The purpose of this paper is to investigate the effect of corporate governance factors on audit features, namely, audit fees and the selection of Big 4 audit firms within the UK SMEs context.\\ud \\ud Design/methodology/approach\\ud The author uses different regression models to investigate the impact of corporate governance characteristics on audit features, and employs cross-sectional time series models as well as two-stage least squares technique. In addition, the author has used l...

  10. Tax Policy: What Does SMEs Say?

    Directory of Open Access Journals (Sweden)

    Nuswantara Dian Anita

    2018-05-01

    Full Text Available Tax is one of the main sources of government revenue in Indonesia. Unfortunately the enormous population has not been able to make tax revenues so great. The cost to issue a new policy package should be accompanied by increased taxpayer compliance, as indicated by tax revenue. But until now the increase in tax revenue is due to the higher the value of money. Based on the above, it needs to be studied and analysed on how the critical analysis of income tax policy for individual taxpayers of small and medium enterprises (SMEs.

  11. Superconducting Magnetic Energy Storage (SMES). (Latest citations from the NTIS bibliographic database). Published Search

    International Nuclear Information System (INIS)

    1993-09-01

    The bibliography contains citations concerning the technology and use of superconducting magnetic energy storage (SMES). The design, analysis, evaluation, and operation of SMES systems and equipment are discussed. Topics include utility scale SMES plants, SMES for transmission line stabilization, design and protection of superconducting magnets and coils, computer controlled SMES systems, and fusion power reactors. (Contains a minimum of 82 citations and includes a subject term index and title list.)

  12. Superconducting Magnetic Energy Storage (SMES). (Latest citations from the NTIS bibliographic database). Published Search

    International Nuclear Information System (INIS)

    1993-11-01

    The bibliography contains citations concerning the technology and use of superconducting magnetic energy storage (SMES). The design, analysis, evaluation, and operation of SMES systems and equipment are discussed. Topics include utility scale SMES plants, SMES for transmission line stabilization, design and protection of superconducting magnets and coils, computer controlled SMES systems, and fusion power reactors. (Contains a minimum of 82 citations and includes a subject term index and title list.)

  13. Using Analytic Hierarchy Process for Exploring Prioritization of Functional Strategies in Auto Parts Manufacturing SMEs of Pakistan

    Directory of Open Access Journals (Sweden)

    Yasir Ahmad

    2014-11-01

    Full Text Available This article uses analytical hierarchy process (AHP to find prioritization of functional strategies (manufacturing, marketing, human resource, and financial management by small and medium enterprises (SMEs operating in auto parts manufacturing sector of Pakistan. SMEs are major part of the industrial structure and have significant contribution toward generating jobs in Pakistan. These enterprises are generally family-owned businesses, and this study provides concrete insights into the mind-set of owners toward different functional strategies. The AHP implementation steps are performed using commercially available software “Expert Choice®.” Marketing strategy is considered to be the most important strategy, while manufacturing management strategy is the second most important strategy. There is little emphasis on the financial and human resource management which is a serious cause of concern. The study would help policy makers to understand the business behaviors of this sector and consequently formulate policies to enhance their performance.

  14. Tailoring ISO/IEC 27001 for SMEs: A Guide to Implement an Information Security Management System in Small Settings

    Science.gov (United States)

    Valdevit, Thierry; Mayer, Nicolas; Barafort, Béatrix

    While Information Security Management Systems (ISMS) are being adopted by the biggest IT companies, it remains quite difficult for smaller entities to implement and maintain all the requirements of ISO/IEC 27001. In order to increase information security in Luxembourg, the Public Research Centre Henri Tudor has been charged by the Luxembourg Ministry of Economy and Foreign Trade to find solutions to facilitate ISMS deployment for SMEs. After an initial experiment aiming at assisting a SME in getting the first national ISO/IEC 27001 certification for a private company, an implementation guide for deploying an ISMS, validated by local experts and experimented in SMEs, has been released and is presented in this paper.

  15. Technical Efficiency of Thai Manufacturing SMEs: A Stochastic Frontier Analysis

    Directory of Open Access Journals (Sweden)

    Teerawat Charoenrat

    2013-03-01

    Full Text Available AbstractA major motivation of this study is to examine the factors that are the most important in contributing to the relatively poor efficiency performance of Thai manufacturing small and medium sized enterprises (SMEs. The results obtained will be significant in devising effective policies aimed at tackling this poor performance.This paper uses data on manufacturing SMEs in the North-eastern region of Thailand in 2007 as a case study, by applying a stochastic frontier analysis (SFA and a technical inefficiency effects model. The empirical results obtained indicate that the mean technical efficiency of all categories of manufacturing SMEs in theNorth-eastern region is 43%, implying that manufacturing SMEs have high levels of technical inefficiency in their production processes.Manufacturing SMEs in the North-eastern region are particularly labour-intensive. The empirical results of the technical inefficiency effects model suggest that skilled labour, the municipal area and ownership characteristics are important firm-specific factors affecting technical efficiency. The paper argues that the government should play a more substantial role in developing manufacturing SMEs in the North-eastern provinces through: providing training programs for employees and employers; encouraging a greater usage of capital and technology in the production process of SMEs; enhancing the efficiency of state-ownedenterprises; encouraging a wide range of ownership forms; and improving information and communications infrastructure.

  16. Benefit/cost comparisons for utility SMES applications

    International Nuclear Information System (INIS)

    De Steese, J.G.; Dagle, J.E.

    1991-01-01

    This paper summarizes eight cases studies that account for the benefits and costs of superconducting magnetic energy storage (SMES) in system-specific utility applications. Four of these scenarios are hypothetical SMES application in the Pacific Northwest, where relatively low energy costs impose a stringent test on the viability of the concept. The other four scenarios address SMES applications on high-voltage, direct-current (HVDC) transmission lines. While estimated SMES benefits are based on a previously reported methodology, this paper presents results of an improved cost-estimating approach that includes an assumed reduction in the cost of the power conditioning system (PCS) from approximately $160/kW to $80/kW. The revised approach results in all the SMES scenarios showing higher benefit/cost ratios that those reported earlier. However, in all but two cases, the value of any single benefit is still less than the unit's levelized cost. This suggests, as a general principle, that the total value of multiple benefits should always be considered if SMES is to appear cost effective in may utility applications. These results should offer utilities further encouragement to conduct more detailed analyses of SMES benefits in scenarios that apply to individual systems

  17. The Effect of International Business on SMEs Growth in Nigeria

    Directory of Open Access Journals (Sweden)

    Oladimeji Moruff Sanjo

    2017-09-01

    Full Text Available The research examined the effect of international business on SMEs growth in a competitive environment, particularly Nigeria. The secondary data were gathered from the Nigerian Bureau of Statistics and the Central Bank of Nigeria (CBN annual report. This study adopted ordinary least square method of data analyses. The finding revealed that trade openness as a measure of competitiveness and FDI has no significant effect on SMEs growth in Nigeria. It was also revealed that the exchange rate has a significant effect on SMEs growth in Nigeria, and the level at which exchange rate affects SMEs growth is relatively high. It was further showed that the exchange rate has a negative coefficient indicating that, as the exchange rate reduces SMEs growth increases. It is concluded that trade competitiveness had no significant effect on SMEs growth in Nigeria. It is therefore recommended that government should formulate policies, which will encourage the reduction of exchange rate in the country in order to enhance competition and improve business activities across the country, and improve the growth of SMEs across the country, as well as encouraging entrepreneurship spirit in the country.

  18. Benefit/cost comparison for utility SMES applications

    Science.gov (United States)

    Desteese, J. G.; Dagle, J. E.

    1991-08-01

    This paper summarizes eight case studies that account for the benefits and costs of superconducting magnetic energy storage (SMES) in system-specific utility applications. Four of these scenarios are hypothetical SMES applications in the Pacific Northwest, where relatively low energy costs impose a stringent test on the viability of the concept. The other four scenarios address SMES applications on high-voltage, direct-current (HVDC) transmission lines. While estimated SMES benefits are based on a previously reported methodology, this paper presents results of an improved cost-estimating approach that includes an assumed reduction in the cost of the power conditioning system (PCS) from approximately $160/kW to $80/kW. The revised approach results in all the SMES scenarios showing higher benefit/cost ratios than those reported earlier. However, in all but two cases, the value of any single benefit is still less than the unit's levelized cost. This suggests, as a general principle, that the total value of multiple benefits should always be considered if SMES is to appear cost effective in many utility applications. These results should offer utilities further encouragement to conduct more detailed analyses of SMES benefits in scenarios that apply to individual systems.

  19. Energy storage via high temperature superconductivity (SMES)

    Energy Technology Data Exchange (ETDEWEB)

    Mikkonen, R. [Tampere Univ. of Technology (Finland)

    1998-10-01

    The technology concerning high temperature superconductors (HTS) is matured to enabling different kind of prototype applications including SMES. Nowadays when speaking about HTS systems, attention is focused on the operating temperature of 20-30 K, where the critical current and flux density are fairly close to 4.2 K values. In addition by defining the ratio of the energy content of a novel HTS magnetic system and the required power to keep the system at the desired temperature, the optimum settles to the above mentioned temperature range. In the frame of these viewpoints a 5 kJ HTS SMES system has been designed and tested at Tampere University of Technology with a coil manufactured by American Superconductor (AMSC). The HTS magnet has inside and outside diameters of 252 mm and 317 mm, respectively and axial length of 66 mm. It operates at 160 A and carries a total of 160 kA-turns to store the required amount of energy. The effective magnetic inductance is 0.4 H and the peak axial field is 1.7 T. The magnet is cooled to the operating temperature of 20 K with a two stage Gifford-McMahon type cryocooler with a cooling power of 60 W at 77 K and 8 W at 20 K. The magnetic system has been demonstrated to compensate a short term loss of power of a sensitive consumer

  20. Environmental Management Systems and Sustainability in SMEs

    Directory of Open Access Journals (Sweden)

    Shah Satya

    2016-01-01

    Full Text Available Environmental sustainability in manufacturing sector has been allocated a major consideration in the international literature. Due to growing concerns over the high effect of SMEs on world manufacturing industries and their contribution to pollution; this research attempts to focus on the key parameters that interact in the application of environmental management system, taking into account the main features of SMEs and also the integral role of industrial entrepreneurs in inspiring their firms’ approaches. The paper explores the potential opportunities which enable these enterprises to move towards organizations with high level of responsibility regarding environmental protection in order to provide a healthier life for future generations. Case investigation is carried out on an adhesive manufacturing company, which covers a notable market share within the sector. The research identifies that the company requires developing both internal and external entities within an explicit plan to revolutionize the recruitment patterns. Given the lack of adequate studies in adhesive technology, more researches are recommended in the future to consider the sustainable innovations on a broader sample of adhesive manufacturing companies to perform the life-cycle analysis due to the harmful organic compounds and toxic vapours of the adhesive products.

  1. Expert Systems: What Is an Expert System?

    Science.gov (United States)

    Duval, Beverly K.; Main, Linda

    1994-01-01

    Describes expert systems and discusses their use in libraries. Highlights include parts of an expert system; expert system shells; an example of how to build an expert system; a bibliography of 34 sources of information on expert systems in libraries; and a list of 10 expert system shells used in libraries. (Contains five references.) (LRW)

  2. Romanian SMEs During the Crisis: Economic Results and Perceptions

    Directory of Open Access Journals (Sweden)

    Ciprian Nicolescu

    2013-01-01

    Full Text Available The paper looks at how SMEs from Romania evolved in the period2004–2011. The main objective of the paper is to compare SMEs’situation before the start of the economic crisis and during theperiod of the crisis. The examination is done from a dynamic perspectiveand the analysis comprises two aspects: (a the evolutionof a number of economic indicators related to Romanian SMEs’in the studied period and (b the opinions and the perceptions ofSMEs about the impact of the economic crisis on their activity. Thepaper advances proposals of possible strategies to help SMEs bettercope with the on-going economic crisis.

  3. Characterisation and Control of a Prototype HTS SMES Device

    International Nuclear Information System (INIS)

    Hawley, C J; Cuiuri, D; Cook, C D; Gower, S A; Beales, T P

    2006-01-01

    A 2.79 kJ prototype high transition temperature Superconducting Magnetic Energy Storage (SMES) device has been constructed. The coil for the prototype has been wound using High Temperature Superconducting (HTS) BSCCO-2223 tape. The refrigeration system is a gaseous helium cold head cryocooler used to maintain the SMES coil at a temperature of 30 K, improving the I c characteristic of the coil by a factor of 4.7 compared to that at 77 K. The SMES device is capable of supplying a 3-phase load during power interruptions, and has been constructed during a program to develop a larger 20 kJ system aimed at industrial applications

  4. SOCIAL MEDIA PLATFORMS AND ROMANIAN SMEs. AN INNOVATION PERSPECTIVE.

    Directory of Open Access Journals (Sweden)

    ARIANA TAL

    2017-06-01

    Full Text Available Innovation can take a lot of forms in firms. Large companies are more willing to innovate due to a higher potential than SMEs. In social media, SMEs have equal chances to make a difference. In this paper I aim to present a social media overview, emphasizing the benefits and characteristics of these platforms and the way they can represent a huge innovation for SMEs and in the second part to discuss the case of Romania in relation with social media from the perspective of innovation.

  5. Exploring management and entrepreneurial factors in the internationalisation of SMEs

    DEFF Research Database (Denmark)

    Bakhtiar Rana, Mohammad; Sørensen, Olav Jull

    2013-01-01

    The study aims to explore the internal management and entrepreneurial factors that affect the internationalisation process of ready-made-garment (RMG) SMEs in Bangladesh. The study collects information from 46 apparel SMEs located in Chittagong, Bangladesh, and is followed by a pilot survey...... in the internationalisation of apparel SMEs. Since the nature of the apparel business is buyer driven, establishing and maintaining a ‘network’ and ‘learning’ are the most important aspects for internationalisation process, which are dependent on the entrepreneur’s management capability, foreign language skill and the extent...

  6. Overcoming SMEs Challenges through Critical Success Factors: A Case of SMEs in the Western Cape Province, South Africa

    Directory of Open Access Journals (Sweden)

    Takalani Ramukumba

    2014-03-01

    Full Text Available SMEs comprise over 90% of African business operations and contribute to over 50% of African employment and Growth Domestic Product (GDP. SMEs sector has shown positive signs in South Africa, Mauritius and North Africa. In South Africa, SMEs constitute 55% of all jobs. Research of Bowler, Dawood and Page (2007 reveal that 40% of new business ventures fail in their first year, 60% in their second year, and 90% in their first 10 years of existence. It seems that a number of challenges have been identified as contributing to the failure of SMEs in South Africa and worldwide. The purpose of this paper is to identify some of the critical success factors for the SMEs to improve their performance in order to overcome the challenges they are faced within the competitive market environment. The research problem of this study emanates from the current high business failure rate. The research investigates what are the critical success factors that can help these SMEs to be sustainable and have positive growth so to limit the high business failure rate in South Africa. The research established that attracting repeat customers and the performance of the product are the critical success factors that can lead to the sustenance of these SMEs. The study concluded that the resource-constraint SMEs need to focus on critical success factors to build competitive advantage to stay competitive amidst the challenges from globalisation and liberalisation. This study will make further contribution on understanding these critical success factors as they are central to business success, especially in South Africa where it is estimated that the failure rate of small, medium and micro enterprises (SMEs is between 70% and 80% (Brink and Cant, 2009.

  7. Islamic Financing in Mitigating Access to Financing Problems of SMEs in Malaysia: A Survey Analysis

    Directory of Open Access Journals (Sweden)

    Razali Haron

    2017-01-01

    Full Text Available The SMEs worldwide face the biggest problem in accessing financial assistance. By surveying selected SMEs in Malaysia, this study found similar cases as they are also facing the same problem because of a lack of collateral. Investigating the feasibility of Islamic financing schemes in providing financial aids to SMEs, this study found that several Islamic financial schemes are preferred by SMEs depending on the risk profile of SMEs. These Islamic financial schemes can build a firm liaison with SMEs in realizing the Maqasid al Shari’ah and simultaneously offer paths to better distribute wealth and prosperity among SMEs and the funders as well. This study contributes significantly to the literature as it provides insights to the nature of the SMEs and the bridge built between the SMEs and the Islamic financing schemes as to realize the Islamic social financing aim as a whole.

  8. Bi-2223 HTS winding in toroidal configuration for SMES coil

    International Nuclear Information System (INIS)

    Kondratowicz-Kucewicz, B; Kozak, S; Kozak, J; Wojtasiewicz, G; Majka, M; Janowski, T

    2010-01-01

    Energy can be stored in the magnetic field of a coil. Superconducting Magnetic Energy Storage (SMES) is very promising as a power storage system for load levelling or power stabilizer. However, the strong electromagnetic force caused by high magnetic field and large coil current is a problem in SMES systems. A toroidal configuration would have a much less extensive external magnetic field and electromagnetic forces in winding. The paper describes the design of HTS winding for SMES coil in modular toroid configuration consist of seven Bi-2223 double-pancakes as well as numerical analysis of SMES magnet model using FLUX 3D package. As the results of analysis the paper presents the optimal coil configuration and the parameters such as radius of toroidal magnet, energy stored in magnet and magnetic field distribution.

  9. Application of SMES in wind farm to improve voltage stability

    International Nuclear Information System (INIS)

    Shi, J.; Tang, Y.J.; Ren, L.; Li, J.D.; Chen, S.J.

    2008-01-01

    For the wind farms introducing doubly fed induction generators (DFIGs), voltage stability is an essential issue which influences their widely integration into the power grid. This paper proposes the application of superconducting magnetic energy storage (SMES) in the power system integrated with wind farms. SMES can control the active and reactive power flow, realizing the operation in four quadrants independently. The introducing of SMES can smooth the output power flow of the wind farms, and supply dynamic voltage support. Using MATLAB/SIMULINK, the models of the DFIG, the power grid connected and the SMES are created. Simulation results show that the voltage stability of the power system integrated with wind farms can be improved considerably

  10. A new control strategy of SMES for mitigating subsynchronous oscillations

    Energy Technology Data Exchange (ETDEWEB)

    Farahani, Mohsen, E-mail: m.farahani@basu.ac.ir [Bu-Ali Sina University, Department of Electrical Engineering, Hamedan-Iran (Iran, Islamic Republic of)

    2012-12-14

    This paper proposes a new strategy to mitigate the subsynchronous oscillations in power systems compensated by series capacitors via control of active power of superconducting magnetic energy storage (SMES) unit. The strategy is based on the generator acceleration signal. So, the SMES absorbs or generates the energy imbalance caused by different disturbances in the power system and suppresses the subsynchronous oscillations. The chaotic optimization algorithm (COA) is used to achieve the optimal parameter of the proposed controller. To validate the capability of the SMES in damping oscillations, some simulations with different disturbances are performed on the first model of IEEE second benchmark model. All the simulation results show that the subsynchronous resonance as well as low frequency oscillation (LFO) is satisfactorily mitigated by the SMES controlled by the proposed strategy.

  11. A new control strategy of SMES for mitigating subsynchronous oscillations

    International Nuclear Information System (INIS)

    Farahani, Mohsen

    2012-01-01

    This paper proposes a new strategy to mitigate the subsynchronous oscillations in power systems compensated by series capacitors via control of active power of superconducting magnetic energy storage (SMES) unit. The strategy is based on the generator acceleration signal. So, the SMES absorbs or generates the energy imbalance caused by different disturbances in the power system and suppresses the subsynchronous oscillations. The chaotic optimization algorithm (COA) is used to achieve the optimal parameter of the proposed controller. To validate the capability of the SMES in damping oscillations, some simulations with different disturbances are performed on the first model of IEEE second benchmark model. All the simulation results show that the subsynchronous resonance as well as low frequency oscillation (LFO) is satisfactorily mitigated by the SMES controlled by the proposed strategy.

  12. Employment of radically new skills in innovative and transformative SMEs

    DEFF Research Database (Denmark)

    Nielsen, René Nesgaard

    This paper briefly reviews different but complementary streams of literature on innovation and qualitative employment effects at the firm level. Subsequently, empirical studies indicating an introduction of radically new skills in innovative and transformative Danish SMEs are reported....

  13. Study on service test procedure for SMES systems

    Energy Technology Data Exchange (ETDEWEB)

    Ren, L., E-mail: rl8868@126.co [R and D Center of Applied Superconductivity, Huazhong University of Science and Technology, Wuhan 430074 (China); Tang, Y.; Li, J.; Shi, J. [R and D Center of Applied Superconductivity, Huazhong University of Science and Technology, Wuhan 430074 (China); Hu, Y. [State Grid Electric Power Research Institute, Wuhan 430074 (China); Guo, F.; Chen, L.; Cheng, S. [R and D Center of Applied Superconductivity, Huazhong University of Science and Technology, Wuhan 430074 (China)

    2009-10-15

    Some superconducting magnetic energy storage (SMES) systems have been developed successfully, and the function of them was verified by experiment. Considering the impact on the system security and stability when they are connected to the power system, it is important to build a standard test procedure and propose the main experimental contents for some representative superconducting devices. Based on the experimental results of a 35 kJ/7 kW conduction-cooled high-T{sub c} SMES system, which was developed by Huazhong University of Science and Technology, the test items and methods for a conduction-cooled high-T{sub c} SMES system are studied. For performance evaluation of this high-T{sub c} SMES, three superconducting magnet performance tests, power conditioning characteristic test and dynamic experiment in a simulated power system were fulfilled.

  14. P-Q simultaneous control scheme for SMES

    International Nuclear Information System (INIS)

    Tsuji, K.; Ise, T.; Murakami, Y.

    1981-01-01

    Superconducting magnetic energy storage (SMES) can be looked at as a control device as well as an effective energy storage device in power system applications. Thus far, active power control and reactive power control seem to have been treated separately. However, under some minor constraints, active (P) and reactive power (Q) may be controlled simultaneously and this capability is perhaps one of the most valuable characteristics of SMES in power system applications. In this brief paper, we examine the possibility of controlling active and reactive power simultaneously (henceforth we call it P-Q simultaneous control) and propose a direct digital control algorithm for the P-Q simultaneous control of SMES. Some simulation results are presented. In addition, a hierarchical control scheme for SMES at a load center is briefly discussed as an extension of P-Q simultaneous control presented in this paper

  15. Study on service test procedure for SMES systems

    International Nuclear Information System (INIS)

    Ren, L.; Tang, Y.; Li, J.; Shi, J.; Hu, Y.; Guo, F.; Chen, L.; Cheng, S.

    2009-01-01

    Some superconducting magnetic energy storage (SMES) systems have been developed successfully, and the function of them was verified by experiment. Considering the impact on the system security and stability when they are connected to the power system, it is important to build a standard test procedure and propose the main experimental contents for some representative superconducting devices. Based on the experimental results of a 35 kJ/7 kW conduction-cooled high-T c SMES system, which was developed by Huazhong University of Science and Technology, the test items and methods for a conduction-cooled high-T c SMES system are studied. For performance evaluation of this high-T c SMES, three superconducting magnet performance tests, power conditioning characteristic test and dynamic experiment in a simulated power system were fulfilled.

  16. All SMES-ed up and no place to go

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    In 1987, as part of an eleven-point Presidential initiative on the development of superconductivity, the U.S. Strategic Defense Initiative Organization allocated funds for a three-year, $31-million program to design, construct and test a 20-MWh, 400-MW engineering test model (ETM) for superconducting magnetic energy storage (SMES). SMES was to be an integral part of the Reagan Administration's Star Wars technology. This paper reports that because of dwindling defense applications the DNA nearly brought about the demise of the SMES-ETM, despite the fact that $31 million was already invested in the project. Today, four years and millions of dollars later, Congressional pressure for dual-use programs and two additional $4.7 million contract have kept the SMES-ETM program alive

  17. A proposal of nuclear fusion power plant equipped with SMES

    International Nuclear Information System (INIS)

    Natsukawa, Tatsuya; Makamura, Hirokazu; Molinas, Marta; Nomura, Shinichi; Tsuji-Iio, Shunji; Shimada, Ryuichi

    2000-01-01

    When we intend to operate the nuclear fusion power plant (NFPP) under the economically efficient conditions as an independent power plant, it is desirable that the generated electric power should be sent to network according to the power demand. With such strategy being expanded, some energy storage system is available. In this paper, NFPP equipped with the superconducting magnetic energy storage system (SMES) as electric power storage device is proposed. The advantages of NFPP equipped with SMES are discussed and a case study of 500 MW NFPP equipped with 6 GWh SMES is done with estimating its operational value. For SMES coil, the concept of Force Balanced Coil (FBC) is applied and 6 GWh class FBC is briefly designed

  18. Small and medium sized enterprises (SMEs and transfer pricing

    Directory of Open Access Journals (Sweden)

    Veronika Solilová

    2012-01-01

    Full Text Available Small and medium sized enterprises have very important position in the EU economy, mainly in the area of growth and employment. However, most of SMEs are active only in their home country and only a few of them participate in cross-border activities. Furthermore, their activities in the internal market are limited by great deal of obstacles, mainly in the form of different tax systems which generate excessive compliance costs of taxation and the existence of different SMEs definitions for various purposes in Member states. In addition, from the view of the international taxation issues, the most important obstacles can be considered a transfer pricing and cross-border loss compensations. In this area, SMEs are facing specific problems and have specific needs. The aim of the paper is to analyze and evaluate the specific transfer pricing issues of SMEs and propose recommendations for them.

  19. TOOLS FOR COLLABORATION AND INNOVATION IN SMES

    Directory of Open Access Journals (Sweden)

    Joe ENGLISH

    2014-11-01

    Full Text Available SMEs (small and medium-sized enterprises and micro-enterprises are the backbone of the EU economy. Their prosperity is a crucial factor for achieving more growth and more and better jobs in the EU. They are vital to fulfilling the goal of a more equal and productive society with higher social and economic integration. Yet they are often poorly equipped to fulfill their potential as innovators and entrepreneurs, especially in the relentless transition to a knowledge based society, both because of their diverse academic backgrounds and their lack of training. This paper summarizes work currently underway by two diverse teams across Europe to develop and roll out a suite of training and tools to enhance the innovation and collaboration capacities and capabilities of small and micro-businesses.

  20. REGULATIONS AND FINANCING OF SMEs IN ALBANIA

    Directory of Open Access Journals (Sweden)

    Oltiana Muharremi

    2012-12-01

    Full Text Available An important factor that has contributed in the realization of a positive economic growth in Albania in the last 20 years is undoubtedly the Small and Medium Enterprise (SME sector. SME financing is a topic of significant research interest to academics, and an issue of great importance to the policy makers around the world. Economic, as well as technical and social arguments warrant the promotion of SMEs. They create large scale, low-cost employment opportunities, use locally available inputs and technologies, mobilize small and scattered private savings, develop entrepreneurship, and correct the regional imbalance in development that exists in industrialized countries. Several studies identify financing, infrastructure facilities, taxes, regulations and stability in policies as major obstacles for the growth of small and medium businesses. Improving the business environment for SME development is a key objective of the policy framework in Albania.

  1. The Strategy Development of SMEs Metal

    Directory of Open Access Journals (Sweden)

    Diah Setyorini Gunawan

    2017-03-01

    Full Text Available This research aimed to identify the profile of SMEs metal and to analyze the predictors that differentiate the performance achievement of metalworkers in Pasir Wetan Village, Karanglewas Sub-District, Banyumas Regency using primary data obtained from direct interviews with metalworkers in Pasir Wetan Village, Karanglewas Sub-District, Banyumas Regency. Primary data included the data of net income rate, the amount of labor used, the amount of bank credit received, business duration, education level, and the amount of production. The data were analyzed using descriptive analysis and discriminant analysis. The analysis results indicated that the increase in the amount of production and the amount of labor used were the predictors that differentiate the revenue achievement between superior metalworkers group and non-superior metalworkers group. In addition, the amount of production was the best predictor to differentiate the revenue achievement between superior metalworkers group and non-superiors metalworker group.

  2. Design study of SMES system using high temperature superconductors

    International Nuclear Information System (INIS)

    Yoshihara, T.; Masuda, M.; Shintomi, T.; Hasegawa, J.

    1988-01-01

    Various studies of high Tc superconductors are being energetically pursued all over the world, since IBM Zurich Research Laboratory reported on the superconducting oxide. A new design using a high Tc superconductor is under study for 5000 MWh, on the assumption that it is available like conventional superconductors. Problems related to the Tc SMES system, mainly thermal insulation, refrigeration system, stability of superconductors, etc., are considered. Some design examples of high Tc SMES system are proposed

  3. Using Social Media components in business world – SMEs perspective

    OpenAIRE

    Robu, Maximilian

    2013-01-01

    SMEs have a major contribution to economic growth and job creation. In a dynamic world, marked by very rapid technological and economic changes, they must adapt and seek new ways to improve business. Social Media seems to provide tools to improve the work, especially on the sales and marketing. This paper is to capture how social media components are used in SMEs, also highlighting some of the advantages of them.

  4. SMES application for frequency control during islanded microgrid operation

    International Nuclear Information System (INIS)

    Kim, A-Rong; Kim, Gyeong-Hun; Heo, Serim; Park, Minwon; Yu, In-Keun; Kim, Hak-Man

    2013-01-01

    Highlights: ► The operating characteristics of SMES for the frequency control of an islanded microgrid were investigated. ► The SMES contributes well for frequency control in the islanded operation. ► A dual and a single magnet type of SMES have been compared to demonstrate the performances. -- Abstract: This paper analyzes the operating characteristics of a superconducting magnetic energy storage (SMES) for the frequency control of an islanded microgrid operation. In the grid-connected mode of a microgrid, an imbalance between power supply and demand is solved by a power trade with the upstream power grid. The difference in the islanded mode is a critical problem because the microgrid is isolated from any power grid. For this reason, the frequency control during islanded microgrid operation is a challenging issue. A test microgrid in this paper consisted of a wind power generator, a PV generation system, a diesel generator and a load to test the feasibility of the SMES for controlling frequency during islanded operation as well as the transient state varying from the grid-connected mode to the islanded mode. The results show that the SMES contributes well for frequency control in the islanded operation. In addition, a dual and a single magnet type of SMES have been compared to demonstrate the control performance. The dual magnet has the same energy capacity as the single magnet, but there are two superconducting coils and each coil has half inductance of the single magnet. The effectiveness of the SMES application with the simulation results is discussed in detail

  5. SMES application for frequency control during islanded microgrid operation

    Energy Technology Data Exchange (ETDEWEB)

    Kim, A-Rong, E-mail: haven21c@changwon.ac.kr [Changwon National University, Sarim-dong, Changwon 641-773 (Korea, Republic of); Kim, Gyeong-Hun; Heo, Serim; Park, Minwon [Changwon National University, Sarim-dong, Changwon 641-773 (Korea, Republic of); Yu, In-Keun, E-mail: yuik@changwon.ac.kr [Changwon National University, Sarim-dong, Changwon 641-773 (Korea, Republic of); Kim, Hak-Man [University of Incheon, Songdo-dong, Incheon 406-772 (Korea, Republic of)

    2013-01-15

    Highlights: ► The operating characteristics of SMES for the frequency control of an islanded microgrid were investigated. ► The SMES contributes well for frequency control in the islanded operation. ► A dual and a single magnet type of SMES have been compared to demonstrate the performances. -- Abstract: This paper analyzes the operating characteristics of a superconducting magnetic energy storage (SMES) for the frequency control of an islanded microgrid operation. In the grid-connected mode of a microgrid, an imbalance between power supply and demand is solved by a power trade with the upstream power grid. The difference in the islanded mode is a critical problem because the microgrid is isolated from any power grid. For this reason, the frequency control during islanded microgrid operation is a challenging issue. A test microgrid in this paper consisted of a wind power generator, a PV generation system, a diesel generator and a load to test the feasibility of the SMES for controlling frequency during islanded operation as well as the transient state varying from the grid-connected mode to the islanded mode. The results show that the SMES contributes well for frequency control in the islanded operation. In addition, a dual and a single magnet type of SMES have been compared to demonstrate the control performance. The dual magnet has the same energy capacity as the single magnet, but there are two superconducting coils and each coil has half inductance of the single magnet. The effectiveness of the SMES application with the simulation results is discussed in detail.

  6. External Pressures for Adoption of ICT Services Among SMEs

    OpenAIRE

    A. ORDANINI; ARBORE A

    2008-01-01

    This study intends to emphasize the importance that external sources of pressure may have on the level of ICT involvement among small and medium enterprises (SMEs) in Italy. While past research tends to prioritize the role of endogenous conditions for the adoption of information and communication technologies, the high dependence of SMEs on their environment requires paying especial attention to external pressures as well. Both competitive and institutional pressures are proposed and...

  7. Network ties in the international opportunity recognition of family SMEs

    OpenAIRE

    Kontinen, Tanja; Ojala, Arto

    2011-01-01

    The importance of network ties is emphasized in the current literature on opportunity recognition. However, it is unclear how firms with limited bridging networks, such as family SMEs, recognize international opportunities through their network ties. In this case study we found that in gaining foreign market entry, those family SMEs that lack existing network ties recognize opportunities through weak ties formed in international exhibitions. The findings also indicate that rather than being p...

  8. Small and Medium Enterprises` (SMEs) Access to Finance: Philippines

    OpenAIRE

    Aldaba, Rafaelita M.

    2012-01-01

    Based on a survey of 97 firms in the garments, textiles, automotive, electrical and electronics, and food manufacturing industries; the paper highlights the difficulties faced by small and medium enterprises (SMEs) in accessing finance. For both firms with access to finance as well as those that did not make any finance request, financing obstacles posed as one of the top four serious problems for the growth of their businesses. The survey indicates the continued dependence of SMEs on interna...

  9. FAMILY RUN SMEs IN NEPAL AND THEIR APPROACH TO MARKETING

    OpenAIRE

    Sanghai, Megha Sanghai

    2007-01-01

    This exploratory research aims to study the role of marketing and its relevance in small and medium sized family businesses in Nepal by comparing it to the combined review of authors and academicians in the field of SME/ entrepreneurial marketing. Although marketing is a key factor in the survival and development of business ventures, SMEs in Nepal cannot do conventional marketing because of the limitations of resources which are inherent to Nepalese SMEs and also because business owner/ mana...

  10. Credit Risk Evaluation of Swedish SMEs : A Banking Sector Perspective

    OpenAIRE

    Hörstedt, Maria; Linjamaa, Johanna

    2015-01-01

    As a result from the latest financial crisis, the banking industry has undergone major modifications during the last years in order to limit banks’ risks. A vast majority of existing literature tends to focus upon credit risk evaluation methods and techniques mainly concerning quantitative measures and large companies. Thus, the lack of research regarding credit risk evaluation of SMEs is profound, especially considering Sweden. With the dominant market share of SMEs compared to large corpora...

  11. Barriers to innovation in service SMEs: Evidence from Mexico

    OpenAIRE

    Maldonado Guzman, G.; Garza-Reyes, J. A.; Pinzón-Castro, S. Y.; Kumar, V.

    2017-01-01

    Purpose – Specific research related to the study of innovation barriers in service SMEs in the Latin American region is limited. This study thus investigates the effects that external environmental, financial and human barriers have on innovation activities, particularly, within the context of Mexican service SMEs.\\ud \\ud Design/methodology/approach – Three hypotheses were formulated and tested using structural equation modelling (SEM). Data were collected through an instrument that was devel...

  12. Integrating SMEs into the East Asian Region: Philippines

    OpenAIRE

    Medalla, Erlinda M.; Aldaba, Rafaelita M.; del Prado, Fatima; Yasay, Donald

    2010-01-01

    The paper aims to examine the characteristics and factors that constrain the growth of SMEs that are operating within and outside production networks. Based on a survey of 101 firms, the analysis shows that SMEs are not homogeneous. While they share certain characteristics such as age, Filipino ownership, and foreign equity share; they differ in terms of performance export intensity, interest rates on borrowings, major sources of finance, and other economic indicators. The results also show t...

  13. CHINESE SMEs' USES OF FINANCIAL STATEMENTS IN DECISION MAKING

    OpenAIRE

    HOWARD VAN AUKEN; KUI YANG

    2014-01-01

    With a sample of 46 Chinese small to medium-sized enterprises (SMEs), this study examines factors that might affect firms' use of financial statements to make decisions. Financial statements contain insightful information about potential risk and return implications of various decisions. A logit analysis shows that owners of Chinese SMEs use financial statements to make decisions according to the frequency of available financial statement information and their ability to interpret the informa...

  14. Innovation and Internationalization of Hungarian SMEs in the IT Industry

    Directory of Open Access Journals (Sweden)

    Csonka László

    2014-10-01

    Full Text Available The aim of this paper is to look at the extent and type of internationalization among Hungarian information technology (IT small- and medium-sized enterprises (SMEs and the possible relationship between the degree of innovativeness and the internationalization of these companies. Information technologies play an important role in the Hungarian economy: this sector is one of the most R&D intensive industries in which many SMEs are active.

  15. Quantification of Health Effects Related to SO{sub 2}, NO{sub 2}, O{sub 3} and Particulate Matter Exposure. Report from the Nordic Expert Meeting Oslo, 15-17 October, 1995

    Energy Technology Data Exchange (ETDEWEB)

    Clench-Aas, J.; Krzyzanowski, M. [eds.

    1996-12-31

    The Nordic Council of Ministers founded a workshop of European and Nordic experts to assess the current literature and develop dose-response functions for the criteria air quality indicators of SO{sub 2}, NO{sub 2}, O{sub 3} and particulate matter. This is the report from the workshop held in Oslo on October 15-17, 1995. Estimates of exposure-response relationships are needed to assess the health impact of environmental factors. Based on available research evidence, the relationships for the common air pollutants - particulate matter, sulphur dioxide, ozone and nitrogen dioxide - were reviewed. The Meeting concluded by quantifying exposure-response relationships for particulate matter, SO{sub 2} and ozone; the relationship for NO{sub 2} was not quantified. The Meeting also identified other exposure-response relationships considered to be substantiated, but for which the available data did not provide sufficient background to quantify the risk. The reported concentration-response associations relate to short-term changes in risk due to changes in levels of pollutants. For chronic effects of prolonged exposures the data were judged to be insufficient for quantification. 211 refs., 3 figs., 7 tabs.

  16. Design procedures of hybrid PV/SMES system

    International Nuclear Information System (INIS)

    Hamad, Ismail; El-Sayas, M. A.

    2006-01-01

    This paper presents accurate procedures to determine the design parameters of an autonomous hybrid PV/SMES system. Integrating Superconductive magnetic energy storage as a recent storage technology with photovoltaic power system enhances the PV output utilization during the solar radiation fluctuations period. this is because of SMES fast response to any PV output fluctuation. The load demand is supplied either from PV plant or through SMES or from both. Imposed to the technical and economical constrains, the optimum solar cells area and the proper capacity and rating of SMES system are assessed. Regarding solar radiation profile, clear and cloudy days are accurately considered for investigation. Three indices are suggested to express the cloudy and fluctuations conditions. These indices represent the non-utilized PV energy due to clouds (x), fluctuation period (T f ) and location of fluctuations period(t s t). The incremental changes in the design parameters are computed for any variation in these indices. Differentiation between the role of BS and SMES in affecting the results is determined and quantitatively analyzed. The results of clear day condition with SMES are the bas quantities for these changes. Complete analysis of the most effective parameters is presented. Eventually, mathematical models are deduced for each parameter which assists in predicting its behavior against the independent variable.(Author)

  17. INTERNATIONALIZATION OF SMES - A SOLUTION TO OVERCOME THE CURRENT ECONOMIC CRISIS

    Directory of Open Access Journals (Sweden)

    Corina Ana BORCOŞI

    2010-12-01

    Full Text Available There is a close link between economic performance and increasing internationalization of SMEs. International activities increase competitiveness and ensure long-term development of enterprises. However, European SMEs still depend largely on their internal markets, notwithstanding the opportunities created to the single market and globalization in general. A study realized in 2009 by the European Commission reveals that internationalization creates more jobs: SMEs active in foreign markets reported an increase in employment by 7% compared to only 1% free activities for SMEs international. Internationalized SMEs are more innovative: 26% of SMEs have introduced internationally active products or services that were new to the sector in their country of origin.

  18. ARE SMES MORE CONFORTABLE WITH SMALL DOMESTIC LENDERS? (II –EVIDENCE FOR ROMANIAN SMES

    Directory of Open Access Journals (Sweden)

    Badulescu Daniel

    2012-12-01

    Full Text Available Based on a consistent literature presented in the previous part of our paper, and analysing our research results, carried out on a significant number of SMEs from Romania in 2011, the purpose of this paper is to examine how SMEs are affected and how they perceive the bank involvement in financing SMEs needs, in terms of the nature and characteristics of organizational structure of these lenders. We have found that, despite of the recent development of the crisis and the decision of the most of important European banks to reduce theirs involvement in Central and Eastern Europe, the mostly of the Romanian SMEs considered they are not ignored or under-privileged by large, international banks operating in Romania.

  19. NEW PERSPECTIVES REGARDING CHANGE AND INNOVATION INTO ROMANIAN SMES

    Directory of Open Access Journals (Sweden)

    Eduard Gabriel Ceptureanu

    2015-07-01

    Full Text Available Innovation is one of the major factor to contribute to success and competitiveness on an SMES, as these enterprises are vital for a healthy and sustainable economy. Literature consider innovativeness as one of the most important agent through which such businesses contribute to economic development. This is an even more important issue for country such Romania, where SMEs are often faced with inadequate business infrastructure and lack of support for entrepreneurs. We also consider that last years have been characterized by an increasingly dynamic, complex and unpredictable environment for businesses. Intense competition in the global market is compelling SMEs to leverage their capabilities and competencies in order to differentiate themselves in the marketplace, and improve their performance. In this paper, we explore factors that drive innovation activities and change in SMEs in Romania, and compare it with findings from other studies. We also consider that implementing changes has positive impact on products/services innovation while applying into specific organizational structures, peculiar on SMEs. In this research four types of product innovation are studied: product, process, line extension and radical radical product innovation. We also consider factors regarding percentage of highly skilled employees (T managers, knowledge oriented white collars, implementation of changed strategy, new/improved managerial techniques , SMEs age, region of developement, company dimension and legal type of organization. To generate additional insight in innovation, we also explore problems and obstacle to innovation and change. Literature considers that it is necessary to continuous change and improve SMES in order to be more sustainable and provide innovative products and services to the market If SMEs account for over 90% of businesses all over the world, and there is a growing need to create sustainable SMEs, then developing and implementing change is

  20. A network approach to overcoming barriers to market engagement for SMEs in energy efficiency initiatives such as the Green Deal

    International Nuclear Information System (INIS)

    O’Keeffe, Juliette M.; Gilmour, Daniel; Simpson, Edward

    2016-01-01

    The Green Deal (GD) was launched in 2013 by the UK Government as a market-led scheme to encourage uptake of energy efficiency measures in the UK and create green sector jobs. The scheme closed in July 2015 after 30 months due to government concerns over low uptake and industry standards but additional factors potentially contributed to its failure such as poor scheme design and lack of understanding of the customer and supply chain journey. We explore the role of key delivery agents of GD services, specifically SMEs, and we use the LoCal-Net project as a case study to examine the use of networks to identify and reduce barriers to SME market engagement. We find that SMEs experienced multiple barriers to interaction with the GD such as lack of access to information, training, and confusion over delivery of the scheme but benefited from interaction with the network to access information, improve understanding of the scheme, increasing networking opportunities and forming new business models and partnerships to reduce risk. The importance of SMEs as delivery agents and their role in the design of market-led schemes such as the GD are discussed with recommendations for improving SME engagement in green sector initiatives. - Highlights: • The role of delivery agents should be addressed in voluntary energy reduction schemes. • SMEs attempting to engage in the Green Deal market faced multiple barriers. • Networks can assist in overcoming SME barriers to entry into new green sector markets. • Access to information, contacts and experts are key benefits of business networks. • Policy driven market-led schemes must consider all actors to prevent early failures.

  1. Marketing fortification of business through crowdsourcing and social responsibility: focus on South African SMEs

    OpenAIRE

    Eunice Lebogang Sesale; Solly Matshonisa Seeletse

    2017-01-01

    This paper investigates networking and related activities for marketing performance of small and medium enterprises (SMEs) for the sustainable development and the preservation of the environment. These SMEs have limited business skills and knowledge, and don`t have any marketing funds. As a clearly growing trend aspect in business, networking approaches were blended to find approaches to help these SMEs to take their market niche. Thirty-seven (37) SMEs were used as a convenience sample to ex...

  2. Problems of financing SMEs in Ghana: a case study of the Sunyani Municipality

    OpenAIRE

    Prempeh, kwadwo Boateng

    2015-01-01

    Small and medium enterprises play an important role in the development of a country. The growth of SMEs is also important for the world economy which has been widely discussed in recent years. Although the problems SMEs face in accessing finance are well known, still there are some research gaps that need to be filled. The main focus of this research is to explore the nature and the characteristics of SMEs together with the financial constraints facing the SMEs. Basically the research focuses...

  3. SMEs Financial Reporting in European Union: Steps towards a More Harmonized Reporting

    OpenAIRE

    Buculescu (Costicã) Maria Mãdãlina; Stoica Anamaria

    2014-01-01

    Recognizing the increasingly importance of SMEs in the economy, European Commission attempts to develop an “economic friendly” environment for SMEs business and further to create a harmonized accounting framework for SMEs financial reporting. Therefore, in 2013, European Commission issued a new Accounting Directive 2013/34/EU, to which the member states have to comply until July 2015, representing an important effort undertaken to reduce the administrative burden of SMEs financial reporting, ...

  4. Project maturity evaluation model for SMEs from the software development sub-sector

    Directory of Open Access Journals (Sweden)

    ÁLVARO JULIO CUADROS LÓPEZ

    Full Text Available The purpose of the paper is to present a project management maturity model for SMEs oriented to software development. The proposal is based on CMMI capability maturity model, and the SCAMPI evaluation method. The proposal includes a quantitative satisfaction scale, redundant evidence assessment, and multiple criteria for selecting experts. The proposal was validated with a case study carried out in a medium-sized company from the Information and Communications Technology sector. The model concluded that the company did not reach maturity level 2; however it showed that 92% of the processes from maturity level 2 and 77% of the total process had already been implemented, which allows the company to adopt a specific orientation for its improvement efforts.

  5. Probabilistic assessment of power system transient stability incorporating SMES

    Energy Technology Data Exchange (ETDEWEB)

    Fang, Jiakun, E-mail: Jiakun.Fang@gmail.com [State Key Lab of Advanced Electromagnetic Engineering and Technology, Huazhong University of Science and Technology, No. 1037, Luoyu Road, Wuhan 430074 (China); Yao, Wei [State Key Lab of Advanced Electromagnetic Engineering and Technology, Huazhong University of Science and Technology, No. 1037, Luoyu Road, Wuhan 430074 (China); Wen, Jinyu, E-mail: jinyu.wen@hust.edu.cn [State Key Lab of Advanced Electromagnetic Engineering and Technology, Huazhong University of Science and Technology, No. 1037, Luoyu Road, Wuhan 430074 (China); Cheng, Shijie; Tang, Yuejin; Cheng, Zhuo [State Key Lab of Advanced Electromagnetic Engineering and Technology, Huazhong University of Science and Technology, No. 1037, Luoyu Road, Wuhan 430074 (China)

    2013-01-15

    Highlights: ► Probabilistic study of power system with wind farm and SMES is proposed. ► Quantitative relationship between system stability and SMES capacity is given. ► System stability increases with the capacity of the SMES. ► System stability decreases with the penetration of wind power. ► Together with the cost function, the coil size is optimized. -- Abstract: This paper presents a stochastic-based approach to evaluate the probabilistic transient stability index of the power system incorporating the wind farm and the SMES. Uncertain factors include both sequence of disturbance in power grid and stochastic generation of the wind farm. The spectrums of disturbance in the grid as the fault type, the fault location, the fault clearing time and the automatic reclosing process with their probabilities of occurrence are used to calculate the probability indices, while the wind speed statistics and parameters of the wind generator are used in a Monte Carlo simulation to generate samples for the studies. With the proposed method, system stability is ”measured”. Quantitative relationship of penetration level, SMES coil size and system stability is established. Considering the stability versus coil size to be the production curve, together with the cost function, the coil size is optimized economically.

  6. YOUNG SMES INSOLVENCY.THEORETICAL CONSIDERATIONS AND POLICY ACTIONS

    Directory of Open Access Journals (Sweden)

    Sebastian Ion Ceptureanu

    2015-05-01

    Full Text Available Compared with large firms, young SMEs in general are more leveraged and reliant on bank financing and have significantly higher chances to experience insolvency. High SME insolvency reflect in part the deep and prolonged recession that hit young SMEs hard, both through the collapse in domestic demand and the tightening of credit conditions. Despite the declines in sovereign yields, SME borrowing rates have declined by much less and remain high compared with those for large firms. SMEs present a particular set of challenges for restructuring and resolution. Given the large number of SMEs and their small sizes, lower reporting requirements, and heavy reliance on collateral, SME loan restructuring is more costly and riskier for banks than for large firms. If left unaddressed, the problems of SME indebtedness and insolvency pose a risk to the recovery and financial stability. High corporate debt and non-performing loans represent a significant drag on investment, as credit-constrained firms cut back on spending to repay debt. Young SMEs in particular, given their high leverage and lack of alternative financing, are more vulnerable to a growth slowdown or financial distress. SME weakness can in turn undermine banks’ asset quality and profitability, constraining banks’ ability to provide credit.

  7. SMES application for frequency control during islanded microgrid operation

    Science.gov (United States)

    Kim, A.-Rong; Kim, Gyeong-Hun; Heo, Serim; Park, Minwon; Yu, In-Keun; Kim, Hak-Man

    2013-01-01

    This paper analyzes the operating characteristics of a superconducting magnetic energy storage (SMES) for the frequency control of an islanded microgrid operation. In the grid-connected mode of a microgrid, an imbalance between power supply and demand is solved by a power trade with the upstream power grid. The difference in the islanded mode is a critical problem because the microgrid is isolated from any power grid. For this reason, the frequency control during islanded microgrid operation is a challenging issue. A test microgrid in this paper consisted of a wind power generator, a PV generation system, a diesel generator and a load to test the feasibility of the SMES for controlling frequency during islanded operation as well as the transient state varying from the grid-connected mode to the islanded mode. The results show that the SMES contributes well for frequency control in the islanded operation. In addition, a dual and a single magnet type of SMES have been compared to demonstrate the control performance. The dual magnet has the same energy capacity as the single magnet, but there are two superconducting coils and each coil has half inductance of the single magnet. The effectiveness of the SMES application with the simulation results is discussed in detail.

  8. Probabilistic assessment of power system transient stability incorporating SMES

    International Nuclear Information System (INIS)

    Fang, Jiakun; Yao, Wei; Wen, Jinyu; Cheng, Shijie; Tang, Yuejin; Cheng, Zhuo

    2013-01-01

    Highlights: ► Probabilistic study of power system with wind farm and SMES is proposed. ► Quantitative relationship between system stability and SMES capacity is given. ► System stability increases with the capacity of the SMES. ► System stability decreases with the penetration of wind power. ► Together with the cost function, the coil size is optimized. -- Abstract: This paper presents a stochastic-based approach to evaluate the probabilistic transient stability index of the power system incorporating the wind farm and the SMES. Uncertain factors include both sequence of disturbance in power grid and stochastic generation of the wind farm. The spectrums of disturbance in the grid as the fault type, the fault location, the fault clearing time and the automatic reclosing process with their probabilities of occurrence are used to calculate the probability indices, while the wind speed statistics and parameters of the wind generator are used in a Monte Carlo simulation to generate samples for the studies. With the proposed method, system stability is ”measured”. Quantitative relationship of penetration level, SMES coil size and system stability is established. Considering the stability versus coil size to be the production curve, together with the cost function, the coil size is optimized economically

  9. Why SMEs invest in Environmental Measures: Sustainability Evidence from Small and Medium-sized Printing Firms

    NARCIS (Netherlands)

    Masurel, E.

    2007-01-01

    Why do SMEs invest in environmental measures? From the literature we know that most SMEs are rather slow in adopting these sustainable measures, but then the following question arises: why are other SMEs fast in this respect? From our research, it becomes clear that improving the working conditions

  10. The Netherlands: ERM Comparative Analytical Report on 'Public policy and support for restructuring in SMEs'

    NARCIS (Netherlands)

    van het Kaar, R.H.

    2013-01-01

    Although SMEs get a lot of attention in the Netherlands, there is no specific debate on SMEs and restructuring. A range of public instruments directed at SMEs exists, but their focus is mainly on growth and expansion. Many instruments are fiscal in nature. There are no public or social partner

  11. SMEs and their E-Commerce: Implications for Training in Wellington, New Zealand

    Science.gov (United States)

    Beal, Tim; Abdullah, Moha Asri

    2005-01-01

    One of the greatest challenges facing traditional small and medium-sized enterprises (SMEs) throughout the world is that posed by the Internet. While the Internet offers great potential to SMEs, from improving and cheapening production processes through to reaching global customers, it also poses great problems. SMEs' resources, human and…

  12. Innovation protection by SMEs : The case of the north east of the Netherlands

    NARCIS (Netherlands)

    Mol, Mischa C.; Masurel, Enno

    2011-01-01

    SMEs do not own many patents. Although the reasons for not patenting have been the subject of much research, little is known on the alternatives that SMEs use. This article discusses a case study on the protection of innovations by SMEs by means of an analysis of the patent data and 20 interviews

  13. Sustaining Tunisian SMEs' Competitiveness in the Knowledge Society

    Science.gov (United States)

    Del Vecchio, Pasquale; Elia, Gianluca; Secundo, Giustina

    The paper aims to contribute to the debate about knowledge and digital divide affecting countries' competitiveness in the knowledge society. A survey based on qualitative and quantitative data collection has been performed to analyze the level of ICTs and e-Business adoption of the Tunisian SMEs. The results shows that to increase the SMEs competitiveness is necessary to invest in all the components of Intellectual capital: human capital (knowledge, skills, and the abilities of people for using the ICTs), structural capital (supportive infrastructure such as buildings, software, processes, patents, and trademarks, proprietary databases) and social capital (relations and collaboration inside and outside the company). At this purpose, the LINCET "Laboratoire d'Innovation Numerique pour la Competitivité de l'Entreprise Tunisienne" project is finally proposed as a coherent proposition to foster the growth of all the components of the Intellectual Capital for the benefits of competitiveness of Tunisian SMEs.

  14. INTERNATIONALIZATION OF SMEs – CASE IN REPUBLIC OF MACEDONIA

    Directory of Open Access Journals (Sweden)

    ANETA RISTESKA

    2016-02-01

    Full Text Available Small and medium enterprises (SMEs are the backbone of the economy in the most of the countries around the world, their contribution can be seen in employment, export and added value. Internationalization used to be characteristic only of multinational corporations, but today it is a trend with both small and medium enterprises The main aim of this paper is to get information about the situation with internationalization of SMEs in R. Macedonia. For this purpose we carried out a survey by means of questionnaire. Obtained results are presented within this paper in details. Considering the facts from the analysis in the end of the paper we will propose many recommendations for increasing the internationalization of SMEs in Republic of Macedonia.

  15. Innovation types at smes and external influencing factors

    Directory of Open Access Journals (Sweden)

    Monika Walicka

    2014-12-01

    Full Text Available Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper analyses the external factors that Polish entrepreneurs find most detrimental to their innovative activity. A sample of 199 small and medium size enterprises (SMEs in Poland were subjected to a survey. The data collected revealed the innovation types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors such as legal regulations, access to external financing, bureaucracy of institutions, financial government support, the tax system, time necessary to comply with regulations, and crisis and instability are very important for SMEs. According to the results, process and marketing innovations are applied more frequently than product and organisational innovations. Finally, the results indicate that entrepreneurs indicate that lack of government support and weakness of tax incentives is an important barrier to the innovation process.

  16. Factors Contributing to SMEs Failure in Meeting Supplier Performance Standards

    Directory of Open Access Journals (Sweden)

    van Scheers Louise

    2016-01-01

    Full Text Available This study sought to determine the factors that contribute to the failure of small and medium enterprises (SMEs in meeting supplier performance standards. Suppliers are faced with the challenge of SMEs failing to meet supplier performance standards because they rely on these providers of products and services, mainly SMEs, for their operations and to ultimately achieve their mandate. The researchers were able to establish the main factors contributing to SME failure in meeting supplier performance standards. These are as follows: unclear specifications and terms of references from suppliers; insufficient information provided to SME suppliers to ensure understanding of requirements; insufficient feedback and support; no support of SME suppliers based on their Black Economic Empowerment (BEE status; limited or no use of business support programs by SME suppliers; and external factors such as access to finance, changes in the economy, and location.

  17. Encouraging resilience within SMEs: the Cabinet Office's proposed approach.

    Science.gov (United States)

    Sterling, Stuart

    2011-06-01

    This paper introduces the Cabinet Office's Civil Contingencies Secretariat (CCS). It explains how the National Risk Assessment, produced within the CCS, is created and used. As part of the recent Strategic Defence and Security Review, the Government made a commitment to improve the business continuity of small and medium-sized enterprises (SMEs).This paper describes the CCS's approach to achieving this, and explains why the resilience of SMEs is important to both local communities, at a time of disruption or crisis, and the essential services sectors, such as energy, food and transport. It provides an outline of a strategic approach that will seek to simplify business continuity by making it accessible, achievable and affordable, and, in partnership with the organisations that SMEs turn to for advice, promotes the benefits of business continuity and encourages its use.

  18. Alignment of Quality Management in SMEs with the Market Performance

    Directory of Open Access Journals (Sweden)

    Yslene Rocha Kachba

    2012-12-01

    Full Text Available The purpose of this research is to relate competitiveness through productivity on Small and Medium Enterprises (SMEs with the level of quality that these companies are and the market segment they serve. The methodology used was a multiple case study using questionnaires and systematic observations in SMEs. Results showed that the quality of the companies surveyed is determined by the market segment in which they operate. Quality management is based on the end customer and the view of entrepreneurs look beyond the premises of their companies. The importance of this research is to relate the market segment with the quality level used in SMEs, a strategy required for the current competitiveness.

  19. Evaluation of the efficacy of factors influencing on marketing SMEs

    Directory of Open Access Journals (Sweden)

    Mona Yaghoubi

    2014-07-01

    Full Text Available This paper presents an empirical investigation to study the effects of different factors influencing on marketing in small and medium enterprises (SMEs in city of Tehran, Iran. The study has been accomplished among 57 SMEs out of 70 active business units who were involved in hand made carpet. The survey uses a questionnaire originally developed by Merrilees et al. (2011 [Merrilees, B., Rundle-Thiele, S., & Lye, A. (2011. Marketing capabilities: Antecedents and implications for B2B SME performance. Industrial Marketing Management, 40(3, 368-375.] to determine the factors influencing on marketing SMEs. Using structural equation modeling, the results of survey indicate that market orientation, management capability, innovation capability and brand capability of SME's marketing performance influence on development of marketing, positively.

  20. A field experiment on power line stabilization by SMES system

    International Nuclear Information System (INIS)

    Irie, F.; Takeo, M.; Sato, S.; Katahira, O.; Fukui, F.; Takamatsu, M.

    1992-01-01

    In this paper field experiments on stabilization of a hydro power plant by a SMES system are reported, where a generator having a rating of 60 kW at 3.3kV is connected to a 6.6kV power distribution line. The SMES system is composed of two 30kVA GTO convertors and a superconducting magnet system with an energy of 30kJ at 100A. Experiments of stabilization for the generator fluctuation caused by a sudden insertion of inductors in the line are successfully performed for some control modes. The value of the SMES system to compensate for a short period voltage dip is also confirmed

  1. Exploring the Enablers of Organizational and Marketing Innovations in SMEs

    Directory of Open Access Journals (Sweden)

    Oluseyi Moses Ajayi

    2015-02-01

    Full Text Available Previous research studies on innovation tend to focus on process and product innovations. Recent theoretical opinions reveal that Organizational and Marketing Innovations (OMIs could be the necessary prerequisites to optimally utilize and deploy such process and product innovations. It is important to note that there is a dearth of information on the enablers of OMIs capabilities among small and medium-sized enterprises (SMEs. Despite their closeness to their customers, many SMEs are finding it difficult to achieve successful and effective innovations; these are innovations that have a positive impact on the business growth and returns. This study presents findings from exploratory qualitative research conducted in South-Western Nigeria. Drawing upon information-rich evidence from 13 in-depth interviews with the owners and the managers of SMEs, this study identifies some enablers that can promote SMEs’ OMIs capabilities, effective innovations, and organizational survival.

  2. Innovations and Other Processes as Identifiers of Contemporary Trends in the Sustainable Development of SMEs: The Case of Emerging Regional Economies

    Directory of Open Access Journals (Sweden)

    Krzysztof Malik

    2018-04-01

    Full Text Available Small and medium enterprises (SMEs are the biggest group of enterprises in the European Union (EU; they are also characteristic of emerging economies. Given this situation, there is a need to provide instruments such as processes that allow them to realize a model of sustainable development. The ability to classify processes and the occurrences within these processes often affects the state of the enterprises. The implementation of innovations, as identified processes, facilities sustainable development for SMEs. The purpose of this article is to find out whether the identification of processes such as innovations has any influence on the competitiveness and sustainable development of SMEs. This study was based on pilot research that examined small and medium enterprises regionally based on the example of an emerging economic region of Poland. The research focused on the identification of the processes and changes happening inside enterprises in terms of understanding the sustainable development concept. The research composition allows the presentation of how SMEs understand the problems analyzed. The study features a new questionnaire, a new definition of sustainable development, and matches those processes identified by the enterprises analyzed with the particular sustainable development dimensions suggested by the authors. In light of the analysis of the literature and the results of this research, the study offers some important contributions in terms of understanding and offering practical meaning to the identification of various processes. The most important finding was that there is a need to raise awareness among entrepreneurs of the fact that innovations are also processes in themselves, which often constitute the sum of other supporting processes occurring within the enterprise. Support in the form of knowledge transfer from experts to SMEs would also be recommended.

  3. Financial management practices in successful Small and Medium Enterprises (SMEs

    Directory of Open Access Journals (Sweden)

    Hendrik Petrus Wolmarans

    2015-07-01

    Full Text Available Although the success of small, medium and micro enterprises (SMEs is extremely important for the South African economy, their failure rate is amongst the highest in the world; some researchers estimate as high as 90 percent. Research has shown that the lack of financial management skills and application of financial management practices are some of the biggest factors contributing to SME failure. However, it is not clear from the literature which of these skills and practices are more important than others. This study aims to fill this gap by determining which financial management skills are relevant for successful SMEs. A survey was done on a sample of owner-managers of successful SMEs who had been asked, firstly, whether they performed different financial management practices and, secondly, how frequently they performed these in their companies. The study concludes that practices regarding working capital as well as profitability are much more relevant than those regarding a balance sheet or strategic finance. Similarly, financial practices related to cash flow and decision making are more relevant than those related to planning or analysing. It may be true, due to the high risk and volatile environment of SMEs, as well as the challenges that are often underestimated, that financial practices which academics regard as important are not always implemented by these companies.  This study contributes to the existing body of knowledge as it determines the relative relevance and frequency of use of financial management practices by successful SMEs. KEY WORDS Small and medium enterprises, Financial management practices, Successful SMEs, Entrepreneurship education

  4. Determination of SMES capacity to enhance the dynamic stability of power system

    International Nuclear Information System (INIS)

    Shi, J.; Tang, Y.; Dai, T.; Ren, L.; Li, J.; Cheng, S.

    2010-01-01

    This paper proposes the principle of SMES capacity determination for power system stable operation. Adopting the energy function method, the mechanism of SMES damping power oscillation in the classical single-machine infinite-bus (SMIB) system is analyzed. The released kinetic energy during disturbance is the original of power system oscillation, which is taken as the principle of SMES capacity determination. Then, the influence of fault type, fault position, and fault clearing time on the SMES capacity determination are discussed. Using MATLAB simulation, the principle of SMES capacity determination is evaluated.

  5. IMS IN SMES - REASONS, ADVANTAGES AND BARRIERS ON IMPLEMENTATION

    Directory of Open Access Journals (Sweden)

    Dragan Rajković

    2008-09-01

    Full Text Available Appearance of a number of management systems with various and sometimes divergent demands, demands for revise of optimal strategy on implementation of these standards in small and medium-sized enterprises (SMEs and the attempt on their integration into integrated management system are suggested even more. Firstly question on choice and reasons for implementation of standards is raised. Management and employees expect benefits on the implementation and they pass and minimize the implementation barriers. Basic concept on integrated management system (IMS into SMEs and analyse on reasons, advantages and barriers at IMS implementation are presented in this paper.

  6. SMEs and their co-operation with academia.

    Science.gov (United States)

    Antoine, Jean Michel; Strömqvist, Mats

    2005-01-01

    Co-operation between SMEs and Academia can be a win-win situation when each partner understands the constraints of the other. SMEs are often leaders in innovation; therefore more ready to share interest in research. They are flexible and dynamic. They need a short feed-back to sustain their co-operation. Academia is often more long-term oriented and more question- than answer-oriented. A code of conduct can ease the relationship because it can anticipate the potential problems.

  7. Marketing in SMEs: a '4Ps' self-branding model

    OpenAIRE

    Resnick, SM; Cheng, R; Simpson, M; Lourenço, F

    2016-01-01

    Purpose – The purpose of this paper is to explore the extent to which traditional marketing theory and practice can be applied in small- and medium-sized enterprises (SMEs) and consider how owner-managers perceive their own role in marketing within a small business setting. Design/methodology/approach – A qualitative exploratory approach using semi-structured in-depth interviews amongst owner-managers of SMEs in the UK. Findings – SME marketing is effective in that it embraces some relevant c...

  8. Business Models For SMEs In Bandung: Swot Analysis

    Directory of Open Access Journals (Sweden)

    Senen Machmud

    2014-04-01

    Full Text Available The main objective of this study is to find the model business for small and medium-sized enterprises (SMEs with management strategy and business strategy approach. This research to help researchers, owners of SMEs and government in developing a framework for management strategy and business strategy on how the best result of business models. This study is valuable considering the limited among of empirical work previously done on the topic in question. The result of management strategies is internal and external factor analysis than analysis with strength, weakness, opportunities, and treatment (SWOT.

  9. Application of medium sized SMES electric power systems

    International Nuclear Information System (INIS)

    Handschin, E.; Damschen, C.; Stephanblome, T.

    1993-01-01

    In order to evaluate the technological and economical impact of medium sized SMES with a capacity in the range of a few 100 kWh on power system operation a lot of system engineering studies are still necessary. Although the two examples mentioned in the present paper do not claim to be complete they are still illustrating the general structure of investigations concerning the location, dimensioning and control scheme of SMES. Also there is a relationship between these investigations which has to be taken into consideration with respect to economical reasons. (orig.)

  10. Development of a 600 kJ HTS SMES

    International Nuclear Information System (INIS)

    Seong, K.C.; Kim, H.J.; Kim, S.H.; Sim, K.D.; Sohn, M.H.; Lee, E.Y.; Park, S.J.; Hahn, S.Y.; Park, M.W.

    2008-01-01

    This paper describes an overview of development on a 600 kJ high-temperature superconducting magnetic energy storage (HTS SMES). Our final goal will be the commercialization of MJ class HTS SMES system for the increase of power quality within 5 years. Hence, for this purpose, we have developed the research and development in 3 years. The purpose of this research is to develop a pilot system, which can protect the sensitivity loads from a momentary power interruption or a voltage sag

  11. The Vulnerability of SMES in the Economic Crisis

    Directory of Open Access Journals (Sweden)

    Nicolae ŢÂU

    2014-06-01

    Full Text Available The vulnerability of small and medium enterprises is closely related to their reduced volume of activity and insufficient financial resources available to them. Therefore, these types of organizations are more likely to be the subject of the changes that occur in the market. Although there are available a variety of funding sources, most SMEs in Romania are not able to access existing funds as they are not competitive on the single European market. During the economic crisis, the businesses environment but the economical one as well was not beneficial for the Romanian SMEs due to the financial, structural and fiscal instability, which led to negative results, especially on long term.

  12. Power quality enhancement of renewable energy source power network using SMES system

    International Nuclear Information System (INIS)

    Seo, H.R.; Kim, A.R.; Park, M.; Yu, I.K.

    2011-01-01

    Power quality enhancement of a renewable energy source power network is performed by a real-toroidal-type SMES coil. SMES unit charges and discharges the HTS coil to mitigate the fluctuation of PV system output power. The grid connected PV and SMES system has been modeled and simulated using power-hard-in-the-loop simulation. The PHILS results demonstrated the effectiveness of the SMES system for enhancing power quality. This paper deals with power quality enhancement of renewable energy source power network using SMES system and describes the operation characteristics of HTS SMES system using real-toroidal-type SMES coil for smoothening the fluctuation of large-scale renewable energy source such as photovoltaic (PV) power generation system. It generates maximum power of PV array under various weather conditions. SMES unit charges and discharges the HTS coil to mitigate the fluctuation of PV system output power. The SMES unit is controlled according to the PV array output and the utility power quality conditions. The grid connected PV and SMES system has been modeled and simulated using power-hard-in-the-loop simulation (PHILS). The PHILS results demonstrated the effectiveness of the SMES system for enhancing power quality in power network including large-scale renewable energy source, especially PV power generation system.

  13. An integrated information system to support supply chain management & performance in SMEs

    International Nuclear Information System (INIS)

    Dekeng; Budiarto, S.; Prabowo, M. Agung; Herawan, Tutut

    2017-01-01

    This study aims to examine the relation between the level of supply chain management (SCM) adoption and small & medium enterprises (SMEs) performance. SCM adoption level is expected to facilitate SMEs in improving their efficiency, thus they can obtain their competitive advantage. Design/methodology/approach: This study uses primary data in the form of questionnaires. This study only takes the SMEs engaged in commerce (retail) business in order to avoid bias in IT usage. The questionnaires are given to 88 SMEs owners whom responsible for the IT development in their companies. Findings: The result proves that SCM adoption significantly affects SMEs performance. The hypotheses testing is performed using one-way ANOVA, the result shows that there are significant differences between level initiation, diffusion, and integration with SMEs performance. Originality: This study explains the relation between supply chain management (SCM) adoption level and SMEs performance that has never been performed before.

  14. An integrated information system to support supply chain management & performance in SMEs

    Energy Technology Data Exchange (ETDEWEB)

    Dekeng; Budiarto, S.; Prabowo, M. Agung; Herawan, Tutut

    2017-07-01

    This study aims to examine the relation between the level of supply chain management (SCM) adoption and small & medium enterprises (SMEs) performance. SCM adoption level is expected to facilitate SMEs in improving their efficiency, thus they can obtain their competitive advantage. Design/methodology/approach: This study uses primary data in the form of questionnaires. This study only takes the SMEs engaged in commerce (retail) business in order to avoid bias in IT usage. The questionnaires are given to 88 SMEs owners whom responsible for the IT development in their companies. Findings: The result proves that SCM adoption significantly affects SMEs performance. The hypotheses testing is performed using one-way ANOVA, the result shows that there are significant differences between level initiation, diffusion, and integration with SMEs performance. Originality: This study explains the relation between supply chain management (SCM) adoption level and SMEs performance that has never been performed before.

  15. 76 FR 44024 - Agency Information Collection Activities: Submission for Review; Information Collection Request...

    Science.gov (United States)

    2011-07-22

    ... collection of Life Sciences Subject Matter Experts (SMEs) information with the Office of the Director of... specialty areas for which there is a shortage of Subject Matter Experts (SMEs) with appropriate security... identify scientific specialty areas for which there is a shortage of SMEs with appropriate security...

  16. Effects of the use of competitive intelligence in industrial SMEs

    Directory of Open Access Journals (Sweden)

    Emilio Placer-Maruri

    2016-08-01

    Originality/value: This work provides a step forward in measuring the effects generated by Competitive Intelligence in SMEs, making it possible to demonstrate that only case studies have been analyzed. It also incorporates an approach using financial and non-financial variables that can guide future research as well as companies that want to generate their own self-assessment systems.

  17. Debt maturity and relationship lending: An analysis of European SMEs

    NARCIS (Netherlands)

    Hernandez-Canovas, G.; Koeter-Kant, J.

    2008-01-01

    This article examines the association between bank debt maturity and relationship lending using a unique survey sample of 3366 SMEs from 19 European countries. The knowledge of how the institutional environment shapes relationship lending helps us to understand how current institutional changes,

  18. Enabling SMEs to take full advantage of E-business

    NARCIS (Netherlands)

    Caskey, K.R.; Hunt, I.; Browne, J.

    2001-01-01

    Electronic business is rapidly changing the relationships between supply chain partners. This paper looks at what is needed to allow SMEs to participate fully in supply chain integration. First, current trends in supply chain integration, electronic commerce, and Internet support are examined. Next,

  19. INFORMATION TECHNOLOGY AS A DETERMINANT OF SMES COLLABORATION AND INNOVATIVENESS

    Directory of Open Access Journals (Sweden)

    Svetlana Cvetanovic

    2014-12-01

    Full Text Available Studies of small and medium-sized enterprise (SMEs development around the world show that the most significant factor for increasing their numbers and improving business success is the free enterprise, as exogenous, and innovation as an endogenous variable. At the same time, the dominant view in economic theory is that innovation is a key generator of changes for which the SMEs can be considered as a kind of metaphors for a successful business over the last twenty years in a number of economies. Arguing that cooperation between SMEs is increasingly common generic strategy of their development, the paper first explains the importance of collaboration to increase innovation and competitiveness, and then provides possible models using information technology such as Workflow Management Systems (WfMS, Service Oriented Architecture (SOA and Service-Oriented Cloud Computing Architecture (SOCCA to support the collaboration of these business entities. Solutions provided are aimed at improving the innovativeness of SMEs and fully follow the requirements of the so-called fifth-generation innovation process whose key attributes are integration and flexibility.

  20. Young successors : A Two-Sided Story in Renewing SMEs

    NARCIS (Netherlands)

    Karin Kleingeld; Lex van Teeffelen

    2016-01-01

    Entrepreneurship is often used as a synonym for starting up a new business. Existing SMEs — from purchasing to succession — are all too often left out of the picture. This booklet tells the stories of those involved in handing over their businesses to the next generation. It’s an honest and

  1. Cloud Computing and Information Technology Resource Cost Management for SMEs

    DEFF Research Database (Denmark)

    Kuada, Eric; Adanu, Kwame; Olesen, Henning

    2013-01-01

    This paper analyzes the decision-making problem confronting SMEs considering the adoption of cloud computing as an alternative to in-house computing services provision. The economics of choosing between in-house computing and a cloud alternative is analyzed by comparing the total economic costs...... in determining the relative value of cloud computing....

  2. Mapping of Supply Chain Learning: A Framework for SMEs

    Science.gov (United States)

    Thakkar, Jitesh; Kanda, Arun; Deshmukh, S. G.

    2011-01-01

    Purpose: The aim of this paper is to propose a mapping framework for evaluating supply chain learning potential for the context of small- to medium-sized enterprises (SMEs). Design/methodology/approach: The extracts of recently completed case based research for ten manufacturing SME units and facts reported in the previous research are utilized…

  3. Employing Knowledge Transfer to Support IS Implementation in SMEs

    Science.gov (United States)

    Wynn, Martin; Turner, Phillip; Abas, Hanida; Shen, Rui

    2009-01-01

    Information systems strategy is an increasingly important component of overall business strategy in small and medium-sized enterprises (SMEs). The need for readily available and consistent management information, drawn from integrated systems based on sound and upgradeable technologies, has led many senior company managers to review the business…

  4. Its All Action, Its All Learning: Action Learning in SMEs

    Science.gov (United States)

    Clarke, Jean; Thorpe, Richard; Anderson, Lisa; Gold, Jeff

    2006-01-01

    Purpose: The purpose of this paper is to argue that action learning (AL) may provide a means of successfully developing small to medium-sized enterprises (SMEs). Design/methodology/approach: The literature around SME learning suggests a number of processes are important for SME learning which similarity, it is argued, are encompassed in AL. AL may…

  5. Acceptance of Mobile Learning at SMEs of the Service Sector

    Science.gov (United States)

    Beutner, Marc; Rüscher, Frederike Anna

    2017-01-01

    Mobile Learning (mLearning) is becoming popular in several parts of education. The increasing availability of mobile technology and devices is an important fact, which fosters this trend. However, even if it attracts more and more attention at huge enterprises it is not clear what small and medium enterprises (SMEs) think about Mobile Learning.…

  6. Pareto optimal design of sectored toroidal superconducting magnet for SMES

    Energy Technology Data Exchange (ETDEWEB)

    Bhunia, Uttam, E-mail: ubhunia@vecc.gov.in; Saha, Subimal; Chakrabarti, Alok

    2014-10-15

    Highlights: • The optimization approach minimizes both the magnet size and necessary cable length of a sectored toroidal SMES unit. • Design approach is suitable for low temperature superconducting cable suitable for medium size SMES unit. • It investigates coil parameters with respect to practical engineering aspects. - Abstract: A novel multi-objective optimization design approach for sectored toroidal superconducting magnetic energy storage coil has been developed considering the practical engineering constraints. The objectives include the minimization of necessary superconductor length and torus overall size or volume, which determines a significant part of cost towards realization of SMES. The best trade-off between the necessary conductor length for winding and magnet overall size is achieved in the Pareto-optimal solutions, the compact magnet size leads to increase in required superconducting cable length or vice versa The final choice among Pareto optimal configurations can be done in relation to other issues such as AC loss during transient operation, stray magnetic field at outside the coil assembly, and available discharge period, which is not considered in the optimization process. The proposed design approach is adapted for a 4.5 MJ/1 MW SMES system using low temperature niobium–titanium based Rutherford type cable. Furthermore, the validity of the representative Pareto solutions is confirmed by finite-element analysis (FEA) with a reasonably acceptable accuracy.

  7. Organisational Problem Based Learning and Social Communities for SMEs

    Science.gov (United States)

    O'Brien, Emma; Hamburg, Ileana

    2013-01-01

    This paper highlights reasons for SMEs low uptake of training and argues that current offerings are not suitable for their needs. It highlights the need to leverage the benefits of work based learning through the use of technology. Social media and web 2.0 has significantly changed the way people learn and access knowledge. The body of knowledge…

  8. Improving Tacit Knowledge Transfer within SMEs through E-Collaboration

    Science.gov (United States)

    Harris, Robert John

    2009-01-01

    Purpose: The implementation of e-learning can help SMEs to develop skills to cope with their operational environments, but current literature suggests they are not effectively engaged, partly due to a lack of understanding and mistrust of vendors. This paper considers the potential for a more effective transfer of marketing knowledge to firms…

  9. Environmental Sustainability Change Management in SMEs: Learning from Sustainability Champions

    Science.gov (United States)

    Chadee, Doren; Wiesner, Retha; Roxas, Banjo

    2011-01-01

    This study identifies the change management processes involved in undertaking environmental sustainability (ES) initiatives within Small and Medium Size Enterprises (SMEs) and relate these to the main attributes of learning organisations. Using case study techniques, the study draws from the change management experiences of a sample of 12 ES…

  10. Innovation in SMEs: a race with no finish line

    NARCIS (Netherlands)

    van Es, R.; van der Wal, H.

    2012-01-01

    This article describes the results of our long-term study into the innovative behavior of fifteen Dutch small and medium-size enterprises (SMEs) that were considered promising in 1985. We asked ourselves the following two questions: (i) How did these companies develop while aiming for their

  11. The impact of macroeconomic variables on SMEs in Malaysia

    Science.gov (United States)

    Halim, F. A.; Malim, M. R.; Derasit, Z.; Rani, R. M.; Rashid, S. S.

    2017-09-01

    Small and Medium Enterprises (SMEs) in Malaysia have gained a prominent role as the significant contributor to the economic growth. However, the world nowadays is heading towards economic downturn. The stability of macroeconomic variables promotes profitability of SMEs which propels them to a stage where they can access financing for sustaining growth. Therefore, it is apparent that the behaviour of the macroeconomic variables plays a major part in determining the nation’s backbone in surviving the economic downturn. The objective of this study is to evaluate the impact of macroeconomic variables on the profitability of SMEs in Malaysia using multiple regression analysis. The findings revealed that the exchange rate has a small positive impact on SME GDP growth rate (10.81%), the interest rate has a strong positive impact (60.74%), while the inflation rate has a strong negative impact (-53.89%). Therefore, it can be concluded that the interest rate and inflation rate have significant impacts on the profitability of SMEs in Malaysia.

  12. Empirical study of ERP systems implementation costs in Swiss SMES

    NARCIS (Netherlands)

    Equey, C.; Kusters, R.J.; Varone, S.; Montandon, N.; Cordeiro, J.; Felipe, J.

    2008-01-01

    Based on sparse literature investigating the cost of ERP systems implementation, our research uses data from a survey of Swiss SMEs having implemented ERP in order to test cost drivers. The main innovation is the proposition of a new classification of cost drivers that depend on the enterprise

  13. Strategic HRM for SMEs: Implications for Firms and Policy

    Science.gov (United States)

    Brand, Maryse J.; Bax, Erik H.

    2002-01-01

    This paper is on the growing importance of strategic human resource management (SHRM) for small and medium-sized enterprises (SMEs). Many small firms encounter serious human resource problems, while at the same time these human resources play a vital role in developing and sustaining their competitive advantages. In (S)HRM literature specific…

  14. Employability and the psychological contract in European ICT sector SMEs

    NARCIS (Netherlands)

    Scholarios, D.; van der Heijden, B.I.J.M.; van der Schoot, E.; Bozionelos, N.; Epitropaki, O.; Knauth, P.; Marzec, I.; Mikkelsen, A.; van der Heijde, C.M.

    2008-01-01

    This article explores the employability of information and communication technology (ICT) professionals from the perspective of small- and medium-sized enterprises (SMEs). The first stage of analysis, based on over 100 interviews with managers of ICT supplier companies in seven European countries

  15. Pareto optimal design of sectored toroidal superconducting magnet for SMES

    International Nuclear Information System (INIS)

    Bhunia, Uttam; Saha, Subimal; Chakrabarti, Alok

    2014-01-01

    Highlights: • The optimization approach minimizes both the magnet size and necessary cable length of a sectored toroidal SMES unit. • Design approach is suitable for low temperature superconducting cable suitable for medium size SMES unit. • It investigates coil parameters with respect to practical engineering aspects. - Abstract: A novel multi-objective optimization design approach for sectored toroidal superconducting magnetic energy storage coil has been developed considering the practical engineering constraints. The objectives include the minimization of necessary superconductor length and torus overall size or volume, which determines a significant part of cost towards realization of SMES. The best trade-off between the necessary conductor length for winding and magnet overall size is achieved in the Pareto-optimal solutions, the compact magnet size leads to increase in required superconducting cable length or vice versa The final choice among Pareto optimal configurations can be done in relation to other issues such as AC loss during transient operation, stray magnetic field at outside the coil assembly, and available discharge period, which is not considered in the optimization process. The proposed design approach is adapted for a 4.5 MJ/1 MW SMES system using low temperature niobium–titanium based Rutherford type cable. Furthermore, the validity of the representative Pareto solutions is confirmed by finite-element analysis (FEA) with a reasonably acceptable accuracy

  16. Generic Challenges and Automation Solutions in Manufacturing SMEs

    DEFF Research Database (Denmark)

    Grube Hansen, David; Malik, Ali Ahmad; Bilberg, Arne

    Evermore research is conducted on smart manufacturing, digital manufacturing and other aspects of what is expected from the fourth industrial revolution known as Industry 4.0. Most of the research of Industry 4.0 is currently a better fit for large corporations than for SMEs, which in Europe howe...

  17. A CLASICAL APPROACH TO HUMAN RESSOURCES IN ROMANIAN SMEs

    Directory of Open Access Journals (Sweden)

    Alexandra Maria FIRA

    2012-01-01

    Full Text Available The main objective of our paper is the study of human resources management in SMEs in Dolj County. Through our research we emphasize and demonstrate the importance of human resources in the maintaining process of stability and in perpetuating the viability of this dynamic sector – the one of SMEs. Thus, the theoretical concepts are grounded both through theory and national and international practices, and through the actual data obtained from the research that will be carried out in the field. The practical implications of our research reflect in the analysis and interpretation of the research results carried out on 516 employees from SMEs in Dolj County, as well as in the recommendations elaborated based on a set of variables established according to the importance of the employees’ role in the enterprises as bearers of initiative and generators of innovation. Therefore, we have reached the conclusion that involving employees in the decision making process is an important factor for the survival and progress of SMEs.

  18. A Web Based Intelligent Training System for SMEs

    Science.gov (United States)

    Mullins, Roisin; Duan, Yanqing; Hamblin, David; Burrell, Phillip; Jin, Huan; Jerzy, Goluchowski; Ewa, Ziemba; Aleksander, Billewicz

    2007-01-01

    It is widely accepted that employees in small business suffer from a lack of knowledge and skills. This lack of skills means that small companies will miss out on new business opportunities. This is even more evident with respect to the adoption of Internet marketing in Small and Medium Enterprises (SMEs). This paper reports a pilot research…

  19. Labour flexibility in SMEs: the impact of leadership

    NARCIS (Netherlands)

    Mesu, J.K.; van Riemsdijk, Maarten; Sanders, Karin

    2013-01-01

    Purpose – The purpose of this paper is to investigate the relationship between transformational and transactional leadership, and labour flexibility within small to medium-sized enterprises (SMEs). Using a sample comprising 755 employees, rating 121 supervisors within 50 Dutch small and medium-sized

  20. Test results of the SMES model coil. Pulse performance

    International Nuclear Information System (INIS)

    Hamajima, Takataro; Shimada, Mamoru; Ono, Michitaka

    1998-01-01

    A model coil for superconducting magnetic energy storage (SMES model coil) has been developed to establish the component technologies needed for a small-scale 100 kWh SMES device. The SMES model coil was fabricated, and then performance tests were carried out in 1996. The coil was successfully charged up to around 30 kA and down to zero at the same ramp rate of magnetic field experienced in a 100 kWh SMES device. AC loss in the coil was measured by an enthalpy method as parameters of ramp rate and flat top current. The results were evaluated by an analysis and compared with short-sample test results. The measured hysteresis loss is in good agreement with that estimated from the short-sample results. It was found that the coupling loss of the coil consists of two major coupling time constants. One is a short time constant of about 200 ms, which is in agreement with the test results of a short real conductor. The other is a long time constant of about 30 s, which could not be expected from the short sample test results. (author)

  1. Role of Cooperatives in Small and Medium Scale Enterprises (SMEs ...

    African Journals Online (AJOL)

    First Lady

    2012-10-27

    Oct 27, 2012 ... Enterprises (SMEs) Development in Nigeria: Challenges and the Way ... Nigerian governments have been spending an immense amount of money obtained from ... (SMEDAN) to facilitating access to credit, technology and market for the .... Information; Cooperation among Cooperatives and Concern for the.

  2. Toward economic reward: Corporate social responsibility communication of SMEs

    Directory of Open Access Journals (Sweden)

    Mulović Ana

    2015-01-01

    Full Text Available In business world of today, small and medium-sized enterprises (SMEs play the part of an increasingly important role in the world economy. Currently, SMEs are thought to be the backbone of economic growth in many countries, contributing to the creation of job opportunities and acting as suppliers of goods and services for large organizations. Internationally, various studies are related to the importance of SMEs for a country's development and economic stability. SMEs also play an important role in European economies and their form according to some authors is a pillar of business structure. Academics emphasise in many ways Corporate Social Responsibility (CSR as a mantra for our time, a time which they characterised as 'the era of compassionate capitalism' or 'the age of sustainability'. CSR communication is an important element of the strategic approach to communication, which rests on the idea that enterprises can create a strong identity by implementing a systematic and proactive strategic communication practice within their organisations, establishing the way for 'the building and maintaining of favourable reputations and relationships with key stakeholders'.

  3. Project Finance for Small and Medium Scale Enterprises (SMEs) in ...

    African Journals Online (AJOL)

    Project financing is one of the best methods of seeking to acquire capitals Funds and other tools to finance a planned business activity which will yields profit in order to liquidate the procured fund. Financing project for SMES is carried out by Federal, States and some development Institutions. In Nigeria, project financing ...

  4. Bank financing for SMEs : Lessons from the literature

    NARCIS (Netherlands)

    Beck, T.H.L.

    2013-01-01

    This paper surveys the recent literature on the relationship between SMEs, financial deepening and economic development. While a large SME sector is not associated with faster economic growth or poverty alleviation, financial deepening can have a pro-growth and pro-poor impact by alleviating SMEs’

  5. Energy and exergy utilizations of the Jordanian SMEs industries

    International Nuclear Information System (INIS)

    Al-Ghandoor, A.; Al Salaymeh, M.; Al-Abdallat, Y.; Al-Rawashdeh, M.

    2013-01-01

    Highlights: ► We analyze the energy and exergy utilizations of the Jordanian SMEs industries. ► We developed an energy balance for the Jordanian SMEs industries. ► The low efficiencies values suggest that many opportunities for better industrial energy utilizations still exist. - Abstract: This study presents detailed analysis of the energy and exergy utilizations of the Jordanian Small-Medium Enterprises (SMEs) by considering the flows of energy and exergy through the main end uses in the Jordanian industrial sector. To achieve this purpose, a survey covering 180 facilities was conducted and energy consumption data was gathered to establish detailed end-use balance for the Jordanian industrial sector. The energy end-use balance provides a starting point to estimate the site and embodied energy and exergy efficiencies. The average site energy and exergy efficiencies of the Jordanian SMEs industries sector are estimated as 78.3% and 37.9% respectively, while the embodied energy and exergy efficiencies are estimated as 58.9% and 21.2% respectively. The low efficiencies values suggest that many opportunities for better industrial energy utilizations still exist.

  6. The perception & attitudes of SMEs managers towards e-commerce ...

    African Journals Online (AJOL)

    An empirical study has been conducted by authors in the Wilaya (County) of Ghardaia (Southern Algeria) with the ultimate aim of surveying the local SMEs managers' perception and attitudes towards e-commerce. It seems that, these managers' perception and attitudes are on the whole positive. However, due mainly to ...

  7. The optimal rating philosophy for the rating of SMEs

    NARCIS (Netherlands)

    Rikkers, F.; Thibeault, A.

    2007-01-01

    The objective of this research is to determine the optimal rating philosophy for the rating of SMEs, and to describe the consequences of the chosen philosophy on several related aspects. As to our knowledge, this is the first paper that studies the considerations of financial institutions on what

  8. Risk by use of hearing protectors--expert programme supports SMEs in appropriate selection and use.

    Science.gov (United States)

    Liedtke, M

    2005-01-01

    Comprehensive protection by use of PPE against the hazards at work requires more than proper selection based on the protection level needed: The PPE user directive (Council Directive 89/656/EEC, Official Journal of the European Communities L 393, 30/12/1989 p.0018 - 0028) requires an assessment of personal protective equipment itself, which has to consider the risks which may be introduced by use of PPE or use of combinations of PPE. As an example risks which may be introduced by use of hearing protectors are described. Assistance in the assessment required by PPE user directive (Council Directive 89/656/EEC, Official Journal of the European Communities L 393, 30/12/1989 p. 0018 - 0028) and in selection and use of hearing protectors with regard to this assessment is presented.

  9. Capturing Firms’ Heterogeneity through Marketing and IT Capabilities in SMEs

    Directory of Open Access Journals (Sweden)

    María A. Ramón-Jerónimo

    2017-11-01

    Full Text Available To achieve sustainability, firms capable of surviving economic recessions is of key relevance; the capabilities that firms need to face dynamic environments remain an open question. In this work, a new procedure is proposed to capture firms’ heterogeneity with regard to the capabilities they possess in operating efficiently in dynamic environments. This approach enables the identification of the classes of firms that develop efficiency with a specific integration of resources. While the literature has most often measured firm capabilities using subjective measures, this study suggests the use of Data Envelopment Analysis to capture the ability to transform resources into outcomes and of Latent Class Regression to capture differences across firms that explain firms’ heterogeneity in the way they perform. By combining these two techniques, this work presents a way to identify those firms that need to invest in and develop certain capabilities. This work analyses a large dataset of manufacturing Small Medium Enterprises (SMEs extracted from the Business and Strategy survey provided by Fundación de la Sociedad Estatal de Participaciones Industriales( SEPI in Spain. The dataset used enfolds 10,960 observations from 2048 firms during the period 1994–2011. The complete dataset has been employed to calculate manufacturing firms’ efficiency. In a second step, data were cleaned to eliminate outliers, and to identify SMEs and observations with records of IT capabilities. As a result, 329 manufacturing SMEs were analysed to capture their heterogeneity. The results contribute to the current literature by explaining how manufacturing SMEs show a different need in their development of capabilities to be efficient and adapt to environmental changes. While approximately 20% of firms analysed really take advantage of recessions through their investment in R&D, the remaining 80% need to adjust their size or invest in IT capabilities to become competitive

  10. Competitive Advantages Through it Innovation Adoption by Smes

    Directory of Open Access Journals (Sweden)

    S. Moghavvemi

    2013-01-01

    Full Text Available Purpose—This paper seeks to explain the impact of IT innovation on competitive advantage; the barriers and the benefits companies gain from adopting and using these innovations and propose a model with which it is possible to measure determinants of IT innovation adoption among SMEs. Design/methodology/approach—This paper presents conceptual consideration on the role of SMEs in the Malaysian economy and the effect of government policy in encouraging companies to adopt IT innovation. The proposed research framework will be empirically validated using survey data. This study is an ongoing research, in the existing stage a theoretical argument is developed and methodology is in the process of being tested through regression analysis. Findings—Conclusions are drawn on the status of Malaysian SMEs to adopt IT innovation. We added attitude and self-efficacy to the Innovation Diffusion Theory to suit it to the individual situation. Therefore a novel approach is needed in order to study and understand it. Research limitations/implications—The paper represents work in progress. Practical implications – This paper present the theoretical framework for further study of IT innovation adoption among Malaysia SMEs. Originality/Value—The Information Technology concept is considered a powerful competitive weapon in the modern economy. This study used Innovation Diffusion Theory as the base theory, and added attitude and self efficacy as determinants to measure the individual’s perception toward innovation adoption. Individual self-efficacy and attitude toward innovation adoption shape beliefs and perceptions toward innovation, leading them to adopt or reject an innovation. Adding these factors to Innovation Diffusion Theory will narrow the breadth of the theory and possibilities to frame a single study which allows examination of the individual and technological dimension toward technology adoption. Keywords: IT innovation adoption, competitive

  11. Quench simulation of SMES consisting of some superconducting coils

    International Nuclear Information System (INIS)

    Noguchi, S.; Oga, Y.; Igarashi, H.

    2011-01-01

    A chain of quenches may be caused by a quench of one element coil when SMES is consists of many element coils. To avoid the chain of quenches, the energy stored in element coil has to be quickly discharged. The cause of the chain of the quenches is the short time constant of the decreasing current of the quenched coil. In recent years, many HTS superconducting magnetic energy storage (HTS-SMES) systems are investigated and designed. They usually consist of some superconducting element coils due to storing excessively high energy. If one of them was quenched, the storage energy of the superconducting element coil quenched has to be immediately dispersed to protect the HTS-SMES system. As the result, the current of the other element coils, which do not reach to quench, increases since the magnetic coupling between the quenched element coil and the others are excessively strong. The increase of the current may cause the quench of the other element coils. If the energy dispersion of the element coil quenched was failed, the other superconducting element coil would be quenched in series. Therefore, it is necessary to investigate the behavior of the HTS-SMES after quenching one or more element coils. To protect a chain of quenches, it is also important to investigate the time constant of the coils. We have developed a simulation code to investigate the behavior of the HTS-SMES. By the quench simulation, it is indicated that a chain of quenches is caused by a quench of one element coil.

  12. Competitive Advantages Through it Innovation Adoption by Smes

    Directory of Open Access Journals (Sweden)

    S. Moghavvemi

    2012-07-01

    Full Text Available Purpose—This paper seeks to explain the impact of IT innovation on competitive advantage; the barriers and the benefits companies gain from adopting and using these innovations and propose a model with which it is possible to measure determinants of IT innovation adoption among SMEs.Design/methodology/approach—This paper presents conceptual consideration on the role of SMEs in the Malaysian economy and the effect of government policy in encouraging companies to adopt IT innovation. The proposed research framework will be empirically validated using survey data. This study is an ongoing research, in the existing stage a theoretical argument is developed and methodology is in the process of being tested through regression analysis.Findings—Conclusions are drawn on the status of Malaysian SMEs to adopt IT innovation. We added attitude and self-efficacy to the Innovation Diffusion Theory to suit it to the individual situation. Therefore a novel approach is needed in order to study and understand it.Research limitations/implications—The paper represents work in progress.Practical implications – This paper present the theoretical framework for further study of IT innovation adoption among Malaysia SMEs.Originality/Value—The Information Technology concept is considered a powerful competitive weapon in the modern economy. This study used Innovation Diffusion Theory as the base theory, and added attitude and self efficacy as determinants to measure the individual’s perception toward innovation adoption. Individual self-efficacy and attitude toward innovation adoption shape beliefs and perceptions toward innovation, leading them to adopt or reject an innovation. Adding these factors to Innovation Diffusion Theory will narrow the breadth of the theory and possibilities to frame a single study which allows examination of the individual and technological dimension toward technology adoption.Keywords: IT innovation adoption, competitive

  13. Investment determinants of young and old Portuguese SMEs: A quantile approach

    Directory of Open Access Journals (Sweden)

    Sílvia Mendes

    2014-10-01

    Full Text Available Considering two samples of Portuguese SMEs: 582 young SMEs and 1654 old SMEs, using the two-step estimation method and quantile regressions, the empirical evidence allows us to conclude that the determinants of investment have a different impact on young and old SMEs, depending on a firm’ level of investment. In the framework of Acceleration Principle and Neoclassical Theories, the determinants are relevant in explaining the investment of young and old SMEs with high levels of investment. The Growth Domestic Product, as the investment determinant of Acceleration Principle Theory, has a greater impact on the investment of young SMEs with high levels of investment. Sales, as the investment determinant of Neoclassical Theory, have greater impact on the investment of old SMEs with high levels of investment. Cash flow, as the investment determinant of Free Cash Flow Theory, is important in explaining the investment of young and old SMEs with low levels of investment. However, cash flow has greater impact on the investment of young SMEs with low levels of investment. The empirical evidence obtained allows us to make suggestions for policy-makers and the owners/managers of Portuguese SMEs.

  14. BIM adoption within Australian Small and Medium-sized Enterprises (SMEs: an innovation diffusion model

    Directory of Open Access Journals (Sweden)

    M. Reza Hosseini

    2016-09-01

    Full Text Available Despite the envisaged benefits of BIM adoption for SMEs, BIM in SMEs has remained an underrepresented area within the available academic literature. This study proposes and draws upon a framework grounded on innovation diffusion theory (IDT to provide an illuminating insight into the current state of BIM and the main barriers to BIM adoption within Australian SMEs. Based on analyses of 135 questionnaires completed by SMEs through partial least squares structural equation modelling (PLS-SEM and grounded on the proposed framework, the current state of BIM adoption and barriers to BIM adoption for SMEs are discussed. The findings show that currently around 42% of Australian SMEs use BIM in Level 1 and Level 2 with only around 5% have tried Level 3. It comes to light that lack of knowledge within SMEs and across the construction supply chain is not a major barrier for Australian SMEs. In essence, the main barriers stem from the risks associated with an uncertain return on investment (ROI for BIM as perceived by key players in SMEs. The findings also show the validity of the framework proposed for explaining BIM adoption in Australian SMEs.

  15. Overcoming SMEs Financing and Supply Chain Obstacles by Introducing Supply Chain Finance

    Directory of Open Access Journals (Sweden)

    Abbasi Waseem Ahmed

    2018-05-01

    Full Text Available Keeping in view the importance of small and medium enterprises (SMEs for the growth of a nation, we must also keep an eye on the challenges faced by those SMEs. There are various kinds of financing and supply chain options available for SMEs but they still face lot of hindrances. This paper would help us to understand why SMEs are important for the development of any country and how could we help the SMEs from facing challenges related to financing and supply chain. This study further highlights the key financing issues faced by SMEs and also focuses on major supply chain challenges confronted by the SMEs. This study put emphasis on the concept of supply chain finance (SCF and that how SCF could help SMEs to overcome those challenges. In addition, this paper also points out the benefits and prospects of SMEs. Even though the concept of SCF is still in developing phase but it has shown significant assistance to SMEs in order to grow further.

  16. Designing Online Marketplace To Resolve Marketing Problem For Small and Medium Enterprises (SMEs

    Directory of Open Access Journals (Sweden)

    Aditya Hermawan

    2017-03-01

    Full Text Available The study aims to design an online marketplace to provide solutions to problems faced by Small and Medium Enterprises (SMEs, the difficulty to market their products online. One of the problems faced by SMEs is difficult to market their products online. One of the solutions that we provide is by designing an online marketplace to solve marketing problems effectively. We found that SMEs have attempted to market their products through social media such as facebook, twitter and others. In addition, some SMEs also have a website and advertise their products through online advertising. However, many of those who did not know how to market products online in order to increase sales. We designed an online marketplace for SMEs based on the concept of e-commerce to resolve the problems faced by SMEs, the effective marketing. The online market design is made taking into account the needs of SMEs as well as customer needs. Therefore, this study was conducted to SMEs in Malang, East Java, Indonesia  and the people who often make purchases online.With the existence of the online market, SMEs can increase sales lead to increased profits for SMEs. Keyword: Online market, E-Commerce, Maketing

  17. ACCELERATING THE ADOPTION PROCESS OF RENEWABLE ENERGY SOURCES AMONG SMES

    Directory of Open Access Journals (Sweden)

    Mirjam Leloux

    2015-07-01

    Full Text Available By 2020, intermittent renewable small scale energy sources (e.g. wind and solar energy are expected to represent about 17% of the EU’s total electricity consumption. All national overriding energy policy objectives are to ensure competitive, secure and sustainable energy for the economy and for society. Renewable energy, allied with energy efficiency, is often found crucial to meet these goals of secure sustainable and competitive energy supplies reducing dependency on expensive fossil imports and underpinning the move towards a low carbon economy while delivering green jobs to the economy. This all contributes to national competitiveness and the jobs and economic growth agenda. However, a straight forward implementation of renewable energy options is not easy, due to various barriers and obstacles. For most SMEs, the concept of generating their own renewable energy is still more of academic than genuine interest. In general, several barriers are experienced, such as high capital investments, slow return on investment, and the lack of knowledge of the benefits. There is a need for education on the benefits and drawbacks of sustainable energy, as well as a greater contribution to costs for this to work. In this paper we describe the intermediate outcomes of a European Partnership under the name of GREAT (Growing Renewable Energy Applications and Technologies, funded under the INTERREG IVB NWE Programme. GREAT aims to encourage communities and small to medium size enterprises (SMEs in Ireland, the United Kingdon, Belgium and The Netherlands to develop technological solutions for Smart Grid, Renewable Energy and Distributive Generation; research and develop policy issues for regulatory authorities and provide structured co-operation opportunities between SMEs and research institutes / technology developers. We developed GREAT spreadsheets to facilitate SMEs in each country to calculate the return-on-investment of renewable energy sources, such as

  18. Risk factors in the internationalization process of SMEs

    Directory of Open Access Journals (Sweden)

    Lea Kubíčková

    2013-01-01

    Full Text Available At the present time characterized by globalizing market, increasing competition, accelerating change and the occurrence of many risks it is necessary for businesses, which want to remain competitive, to be able to respond flexibly to the changes in a timely manner and to identify and manage risks. Companies try to diversify business risks, such as the loss of market share in the domestic market, by entering the foreign markets and participating in international trade. Involvement in the internationalization process cannot be understood only as an opportunity to achieve greater profits and a competitive advantage, it is necessary to consider potential risks accompanying this process, because engaging in the internationalization process may bring the companies many different specific risks. It would be useful for companies to identify the factors of failure resulting from internationalization. Identifying the barriers to internationalization, the main risk factors associated with it and designing their possible prevention or elimination could provide SMEs an impetus to enter foreign markets. Although the risk is a frequently discussed issue in the international discussion, only few studies were strictly focused on risk management in the internationalization process. Risk management is a broad discipline that requires a specific knowledge in practice. However, particularly small and medium-sized enterprises are often unable to identify the potential risks of the internationalization process and therefore are not able to manage the risks. This is due to the fact that SMEs usually do not have managers with a deep knowledge of risk management and, moreover, these managers also often lack experience with foreign markets. Unfortunately, the surveys of SMEs conclude that the poorly predicted risks of entering foreign markets are one of the most common causes of failure of SMEs internationalization process.The main objective of this paper is to identify

  19. Multilateral Development Banks and Their Role in Supporting European SMEs during the Current Financial Crisis

    Directory of Open Access Journals (Sweden)

    Sorin Gabriel Anton

    2013-12-01

    Full Text Available The impact of the ongoing financial crisis on the availability of finance to small and medium-sized enterprises (SMEs represents an important topic nowadays. The access to finance for SMEs is a major barrier for their growth, especially during severe conditions such as the global financial crisis. Financing the SMEs represents a priority for the most of the multilateral development banks. The aim of the paper is to analyze the activity of European multilateral development banks - European Investment Bank Group and European Bank for Reconstruction and Development - in the support of SMEs. We found that SMEs financing increased during the period 2008-2011 and the international financial institutions took several measures in order to improve the SMEs access to finance.

  20. Simulation and experiment of a YBCO SMES prototype in voltage sag compensation

    International Nuclear Information System (INIS)

    Zhu Jiahui; Yuan Weijia; Coombs, T.A.; Ming, Q.

    2011-01-01

    Research highlights: → YBCO conductors are used in SMES. → The SMES is successfully used to compensate voltage sag by both simulation and experiment. → A new control strategy for the power converter in the SMES. - Abstract: This paper gives a introduction of a SMES unit using 2G HTS wires. A complete SMES system including both superconducting coils and control circuit has been designed to operate at 77 K. Three single-phase H-bridge converters have been used in the control circuit. A loop control signal is sent out by using 32 fixed point Digital Signal Processor (DSP). The complete circuit has been both modelled in simulation and built experimentally. The results validate that this SMES successfully compensates a voltage sag in a power system.

  1. An analysis of e-business adoption by Indonesian manufacturing SMEs: A conceptual framework

    Science.gov (United States)

    Saptadi, Singgih; Pratama, Hanggar; Sudirman, Iman; Aisha, Atya Nur; Bernadhi, Brav Deva

    2017-11-01

    Many researches had shown IT contribution to business. Considering the contribution of SMEs to Indonesia economy, improving the competitiveness of SMEs is a concern in Indonesia development. Many studies had shown many IT projects failed to provide business performance. So, it is important to understand the pattern of e-business that provides business performances of a company. Using business process approach, we had studied SMEs' e-business initiatives in the form of "which business processes that had been supported with IT" by SMEs and business performances that SMEs gained from these e-business initiatives. But, we have not studied the intensity of implemented IT for SMEs' business processes. This paper presents a conceptual framework that relates the business performance and the intensity of e-business adoption. We also propose some antecedents that may relate to the intensity of e-business adoption.

  2. Simulation and experiment of a YBCO SMES prototype in voltage sag compensation

    Energy Technology Data Exchange (ETDEWEB)

    Zhu Jiahui, E-mail: zhujiahui@epri.sgcc.com.c [China Electric Power Research Institute, No. 15 Xiaoying Rd(E), Qinghe, Beijing 100192 (China); Yuan Weijia; Coombs, T.A. [Electrical Engineering Division, Engineering Department, University of Cambridge, CB3 0FA (United Kingdom); Ming, Q. [China Electric Power Research Institute, No. 15 Xiaoying Rd(E), Qinghe, Beijing 100192 (China)

    2011-03-15

    Research highlights: {yields} YBCO conductors are used in SMES. {yields} The SMES is successfully used to compensate voltage sag by both simulation and experiment. {yields} A new control strategy for the power converter in the SMES. - Abstract: This paper gives a introduction of a SMES unit using 2G HTS wires. A complete SMES system including both superconducting coils and control circuit has been designed to operate at 77 K. Three single-phase H-bridge converters have been used in the control circuit. A loop control signal is sent out by using 32 fixed point Digital Signal Processor (DSP). The complete circuit has been both modelled in simulation and built experimentally. The results validate that this SMES successfully compensates a voltage sag in a power system.

  3. SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA

    Directory of Open Access Journals (Sweden)

    Eko Suseno Hr Matrutty

    2018-03-01

    Full Text Available ASEAN Economic Community (AEC offers both opportunities and challenges to Indonesian Small Medium Enterprises (SMEs. Highly competitive SMEs are likely to exploit opportunities from AEC by expanding their markets and securing raw materials at lower costs. On the contrary, the increasingly intense competition is likely to marginalize less competitive SMEs in their own domestic market. This study aims to analyze the SMEs competitiveness in anticipating AEC. Using 64 SMEs that already export their products or have potentials to export as the sample; this research shows that Indonesian SMEs exhibit a high competitiveness level from the perspective of the production factor, the availability of related and supporting industries factor (especially in relation to the availability of raw and supporting materials, and the demand factor. However, SME owners acknowledge that AEC intensify competition and the government has not provided adequate facilities to improve the SME competitiveness.

  4. Medical Expert Systems Survey

    OpenAIRE

    Abu-Nasser, Bassem S.

    2017-01-01

    International audience; There is an increased interest in the area of Artificial Intelligence in general and expert systems in particular. Expert systems are rapidly growing technology. Expert systems are a branch of Artificial Intelligence which is having a great impact on many fields of human life. Expert systems use human expert knowledge to solve complex problems in many fields such as Health, science, engineering, business, and weather forecasting. Organizations employing the technology ...

  5. Marketing management capabilities of SMEs: an empirical analysis in the EU

    OpenAIRE

    Banterle, Alessandro; Carraresi, Laura; Stranieri, Stefanella

    2008-01-01

    SMEs, that represent the greater part of European food firms producing traditional food products (TFPs), meet difficulties in adapting their strategies to market changes, and in competing with big enterprises. Marketing management capabilities play a key role in good SMEs performance in the market. The purpose of this paper is to evaluate the marketing capabilities of SMEs that produce TFPs. The theoretical framework considers the Market Orientation approach and marketing management capabilit...

  6. Actual cash financing situation of SMEs in Romania and further recommendations

    Directory of Open Access Journals (Sweden)

    Rocsana Tonis (Bucea-Manea

    2014-03-01

    Full Text Available The world is experiencing a revolution in the digital and mobile technologies, with more information available more quickly and for more media than ever before. In this context, SMEs can turn to cloud solution. Although the advantages of using the cloud are compelling for SMEs still involves financial costs. In Romania the rate of access to funds is very low. In this context, SMEs need additional assistance to obtain funding.

  7. An Empirical Study of the Relationship between Entrepreneurial Competences and Innovativeness of Successors in Family SMEs

    Directory of Open Access Journals (Sweden)

    Letonja Marina

    2016-12-01

    Full Text Available Background and Purpose: In the recent period, scholarly interest for family entrepreneurship and succession has been increasing while the question of innovative capability of family SMEs and of innovativeness of founders and successors is relatively unexplored. Little is known about the factors, which are positively correlated, or affect innovativeness of successors in family SMEs. This research explores the relationship between entrepreneurial competences of the founders in family SMEs and innovativeness of their successors.

  8. The Ideal Criteria of Supplier Selection for SMEs Food Processing Industry

    OpenAIRE

    Ramlan Rohaizan; Engku Abu Bakar Engku Muhammad Nazri; Mahmud Fatimah; Ng Hooi Keng

    2016-01-01

    Selection of good supplier is important to determine the performance and profitability of SMEs food processing industry. The lack of managerial capability on supplier selection in SMEs food processing industry affects the competitiveness of SMEs food processing industry. This research aims to determine the ideal criteria of supplier for food processing industry using Analytical Hierarchy Process (AHP). The research was carried out in a quantitative method by distributing questionnaires to 50 ...

  9. A STUDY OF ORGANISATIONAL DETERMINANTS AND INNOVATION PRACTICES IN DUBAI SMEs

    OpenAIRE

    YAHYA AL-ANSARI; JUN XU; SIMON PERVAN

    2014-01-01

    This study explores the relevance of established organisational determinants of innovation practice in small and medium-sized enterprises (SMEs) in the emerging market of Dubai, United Arab Emirates. Drawing upon data from 200 SMEs, the findings suggest that management orientation, technology orientation, alliance and cooperation and market orientation are important antecedents to SMEs' innovative practices, but question the importance of organisational culture. This study is the first to exa...

  10. An Integrated Information System to Support Supply Chain Management & Performance in SMEs

    OpenAIRE

    Budiarto, Dekeng Setyo; Prabowo, Muhammad Agung; Herawan, Tutut

    2017-01-01

    Purpose: This study aims to examine the relation between the level of supply chain management (SCM) adoption and small & medium enterprises (SMEs) performance. SCM adoption level it is expected to facilitate SMEs in improving their efficiency, thus they can obtain their competitive advantage. Design/methodology/approach: This study uses primary data in the form of questionnaires. This study only takes the SMEs engaged in commerce (retail) business in order to avoid bias in IT ...

  11. Promotion Influence in Sales Advance and in Increasing the Image to the SMEs in Kosova

    OpenAIRE

    Rajan Arapi

    2013-01-01

    The promotion as an important element of marketing mix plays a key role in marketingmanagement regard, in every enterprise, and also for SMEs. The SMEs in Kosova aregiving more and more importance to the promotion, and this factor, beside the salesadvance for their products, is important to increase their image. What is the impact of thepromotion in SMEs longevity; respectively ëhat are the advantages and disadvantages ofpromotion application compared with the other traditional advertisement ...

  12. Designing Online Marketplace To Resolve Marketing Problem For Small and Medium Enterprises (SMEs)

    OpenAIRE

    Aditya Hermawan; Aniek Murniati

    2017-01-01

    The study aims to design an online marketplace to provide solutions to problems faced by Small and Medium Enterprises (SMEs), the difficulty to market their products online. One of the problems faced by SMEs is difficult to market their products online. One of the solutions that we provide is by designing an online marketplace to solve marketing problems effectively. We found that SMEs have attempted to market their products through social media such as facebook, twitter and others. In additi...

  13. ACCESS TO FINANCE FOR SMEs BY CREDIT GUARANTEE SCHEMES IN TURKEY

    OpenAIRE

    Sarigul, Hasmet

    2013-01-01

    Credit guarantee schemes assist banks in lending to SMEs by overcoming collateral problems. The guarantees are used to share the risk between the bank and the guarantee institution in an agreed ratio. Thus, the bank’s risk and operation costs are lowered and its returns increased. This encourages banks to lend to SMEs who are unable to provide adequate collateral. In our study, we investigate the relationship between SMEs, banks and CGSs. We also aimed to explain the functioning of CGSs...

  14. E-commerce adoption by SMEs in developing countries: evidence from Indonesia

    OpenAIRE

    Rahayu, Rita; Day, John

    2016-01-01

    This study aims to provide an overview of e-commerce adoption by SMEs in developing countries and, in particular, the extent of the adoption of e-commerce by Indonesian SMEs. It identifies the e-commerce benefits realized by these SMEs and investigates the relationship between the levels of e-commerce adoption and the benefits thus realized. The study was motivated by the limited studies related to e-commerce adoption by SMEs, especially in developing countries. In addition, it seems that mos...

  15. The focus of marketing communication efforts of smes within south Africa

    Directory of Open Access Journals (Sweden)

    Kallier Safura Mohamed

    2017-03-01

    Full Text Available Marketing communication is seen as a vital activity for the survival and success of SMEs. Traditionally tools such as pamphlets, local newspapers, posters and business cards were primarily used to promote SMEs. Today, however, the communication landscape has evolved due to technological advancements. As a result, there are many more communication tools that can be used by SMEs to conduct marketing communication activities of the business. The focus of this study is thus to determine the usage of traditional and technology-enabled marketing communication tools employed by SMEs in South Africa. A self-administered questionnaire was used to collect data from SMEs in South Africa. The results of this study indicate that most SMEs make use of e-media such as websites and e-mails as marketing communication tools. This article provides insight into the marketing communication tools that are being used by SMEs in South Africa which will contribute to the understanding of SMEs marketing practices. Studies suggest that there are many similarities regarding the challenges faced by SMEs globally and as such the findings of this study can be applied universally.

  16. An affective e-commerce design for SMEs product marketing based on kansei engineering

    Science.gov (United States)

    Habyba, A. N.; Djatna, T.; Anggraeni, E.

    2018-04-01

    One of the SMEs problems in Indonesia in this information technology era is the inability to control the market. SMEs can use the e-commerce website to improve their competitiveness. It can be used as a marketing tool for SMEs to promote their products and expands the SMEs markets especially for the agroindustry SMEs where located in district area that still rely on local markets to sell their product. Some SMEs e-commerce websites have been developed in Indonesia but can not significantly increased the sales of SMEs product. Furthemore, the design of it is only able to meet the consumer need in function and usability. The development of e-commerce design should pay attention in high affective quality. This is because the affective responses effect the user’s perception of cognitive quality, usability and ease of use of e-commerce. This study is aimed to make e-commerce that can meet the affective needs of users. The result of Kansei words selection and extraction using TF-IDF are four design concepts of e-commerce website. The formulation of new SMEs e-commerce website design is resulted from the integration of four design concepts and four design elements. The “Natural-Formal” concept has the greatest value than other concepts after QTT-1 analysis. This concept can implemented as the new SMEs e-commerce website design.

  17. Trust, Commitment and Competitive Advantage in SMEs Export Performance

    Directory of Open Access Journals (Sweden)

    Md Daud Ismail

    2017-04-01

    Full Text Available The entry of small businesses into international markets has intensified. However, despite the growing presence of small businesses in international markets, studies into their international behavior, particularly regarding the effect of international relationships on international outcomes, remain limited. This study investigates the cross-border relationships of Small and Medium Enterprises (SMEs by examining the effects of the dimensions of the key relationship on the competitive advantage and performance of SMEs in export markets. These dimensions include trust and commitment. Results indicate that trust is significantly related to commitment and export performance. Commitment is positively related to competitive advantage but not to export performance. Trust affects competitive advantage through commitment. The effect of commitment on export performance is mediated by competitive advantage. The methodology and results are presented. The conclusion, implications, and limitations of this study are also discussed.

  18. Generic Challenges and Automation Solutions in Manufacturing SMEs

    DEFF Research Database (Denmark)

    Grube Hansen, David; Malik, Ali Ahmad; Bilberg, Arne

    2017-01-01

    Evermore research is conducted on smart manufacturing, digital manufacturing and other aspects of what is expected from the fourth industrial revolution known as Industry 4.0. Most of the research of Industry 4.0 is currently a better fit for large corporations than for SMEs, which in Europe...... of the project, identifies a correlation between the challenges, age and size of the companies. The identified correlation lay ground for an Industry 4.0 light concept, targeting the identified generic challenges of companies employing 10-50 people. The solutions presented are based on cloud computing, Internet...... however represent 98% of the manufacturing industry. In general, SMEs produce high-mix low-volume products, which require a high degree of flexibility. Historically flexibility and automation have been contradictory, but as automation becomes smarter, digitalized and less expensive, this may change which...

  19. HUMAN RESOURCES MOTIVATION - A CHALLENGE FOR SMES ECONOMIC PERFORMANCES

    Directory of Open Access Journals (Sweden)

    POPESCU Dan

    2011-12-01

    Full Text Available The present research aims to establish and configurate human resources development strategies for the employees of small and medium-sized enterprises (SMEs that activate in the tourism field of activity (hotels and other accomodation establishments, restaurants, passenger trasnport, travel agencies, cultural turism agencies. As knowledge role in the contemporany economy is increasing and defining the economical and social context as knowledge-based ones, we shall consider the research frame as the knowledge-based economy. Moreover, in order to better highlight weaknesses and strenghts of the human resources management approaches and to define recommendations, our research theme is developped as comparative study: similarities and differences within SMEs human resources management practices in Romania and other European Union's country members (the example of Spain was considered.

  20. The Economic Crisis and its Effects on SMEs

    Directory of Open Access Journals (Sweden)

    Roxana Gabriela Hodorogel

    2009-05-01

    Full Text Available Romania has ended a high growth cycle. The world economic crisis is worsening with every passing day and Romania increasingly feels the effects of this economic downturn. The sector of small and medium enterprises (SMEs is the most dynamic in the Romanian economy, but it will also be one of the first to be hit by the global financial crisis the ripples of which have reached Romania as well. SMEs are now considered the most sensitive sector and worst affected by the economic climate. The economic crisis has prompted the member states of the European Union, too, to adopt packages of measures to counteract the effect of the crisis. Here below I will exemplify with the cases of Romania, the Italian Republic, the Federal Republic of Germany, the Slovak Republic and the Republic of Hungary.

  1. The tangible and intangible Processes of Internationalization: the Argentinean SMEs

    Directory of Open Access Journals (Sweden)

    Christian Keen

    2013-12-01

    Full Text Available This study reviews the concepts of tangible and intangible internationalization using a data from Argentinean SMEs. The findings suggest that managers may have to make a strategic commitment to upgrade and expand firms’ resources and capabilities to achieve long term internationalization. The results offer evidence that becoming an international company is not only about having a physical presence in a foreign market. It is important to re-focus the firms’ outlook from competing in a protected domestic market to competing in markets with a strong presence of international companies. In addition, managers may have to shift their focus from short-term rent and profit seeking to long-term internationalization. This research also contributes to the study of internationalization of SMEs as it further expands the concept of internationalization by including a long-term perspective where the company can be international without having a physical presence in a foreign market

  2. The Global Economic Crisis. Challenges for SMEs in Romania

    Directory of Open Access Journals (Sweden)

    Roxana Gabriela HODOROGEL

    2011-04-01

    Full Text Available The economy of the European Union (EU has left behind the downturn and is gradually recovering. In 2010, both the EU and the Eurozone posted economic growth, mostly because Germany did better than expected. All considered, the German economy is growing at a faster pace than in the last two decades. Recession, however, has persisted in states like Greece, Romania and Latvia, and analysts expect growth rates, especially in Eastern Europe, to remain low in the next period. Recovery in this part of Europe largely depends on a pickup in the activity of small and medium-sized enterprises (SMEs, which were seriously affected by the credit crunch the economic crisis entailed. The adverse impact on most SMEs causes a decline in the development rate and a rise in the number of bankruptcies. But the growth of the German economy, however, has a beneficial effect on companies in Central and East European states as well.

  3. Entrepreneurial Competencies: SMEs Performance Factor in the Challenging Nigerian Economy

    Directory of Open Access Journals (Sweden)

    Uzairu Muhammad Gwadabe

    2017-12-01

    Full Text Available Myriad of challenges engulfed the Nigerian business milieu. Business activities become more complex and competitive which renders the environment not only difficult for business success but resulting to the increasing failure of SMEs in the country. However, entrepreneurs need to develop strategies to survive in the dwindling economy. It is the duty of the entrepreneurs to interact with the external environmental dynamisms, which require them to be competent in many dimensions. This review proposes a set of competencies that can equip the entrepreneurs with necessary skills and tactics to excel in a challenging economy like that of Nigeria. The paper highlights the conceptualization and synergy between competencies and entrepreneurship on SMEs performance through three distinct paths: entrepreneurial traits, innovation and entrepreneurial marketing.

  4. The challenges of globalization for smes in Moldova

    Directory of Open Access Journals (Sweden)

    Raluca Ionela Cretoiu

    2016-09-01

    Full Text Available Globalisation offers humankind a new vision both on international economic relations and on international affairs, which have gained momentum and turned over time. The international economic relations seen from the perspective of the global economy’s globalization have expanded and acquired new meanings, the evolution towards such a global economy involving intra-regional relationships and partnerships development that have arisen between multinational companies. On the ground of these transformations, SMEs face a number of challenges due to the evolution of economic, social and cultural conditions of globalization. This paper investigates, using a field survey type research, the ways in which globalization affects the activity of SMEs from the perspective of the managers in Moldova perspective.

  5. Power system control experiments using 1 MJ SMES

    International Nuclear Information System (INIS)

    Sugimoto, Shigeyuki

    1993-01-01

    Chubu Electric Power Co. Inc., developed a 1 MJ Superconducting Magnetic Energy Storage (SMES) system composed of a pulsive superconducting magnet (1000 A, 2 H) and experimental researches connecting this system to a simulated power system composed of four generators, fluctuating load and some transmission lines were carried out in the laboratory of Chubu Electric Power Co. Inc., since 1989. The purpose of this experimental researches are to investigate the effects of SMES adapting in power system control use. This paper describes the results and confirmed effects of four kinds of experiments as the following, cut-off peak demand, load leveling effect for fluctuating load, improvement of dynamic stability and frequency control effect in isolated power system. (orig.)

  6. A NEW CLASSIFICATION OF SMES IN THE DIGITAL ECONOMY CONTEXT

    Directory of Open Access Journals (Sweden)

    Maximilian ROBU

    2013-06-01

    Full Text Available In a highly dynamic and competitive environment as the online one, SMEs need to adapt and change their behavior, requiring a rethinking of classification criteria. Social media is changing the way people interact, but also changing organizations and how they operate. Social networks are no longer just a simple tool to create a network of friends; they have become a destination for business. We can also talk of a new world of business, a new way of working; the freelancers have a share of the increasingly significant. Cloud computing is the support for all changes in the current environment, providing the tools necessary to conduct activities anywhere. Given the mentioned arguments, we consider that the classification of SMEs according to a new set of criteria: operating environment, geographical area, type of employees in the company or how they organize marketing activities.

  7. Control Management and Business Performances: The Malaysian Family SMEs Perspectives

    Directory of Open Access Journals (Sweden)

    Edward Wong Sek Khin

    2015-06-01

    Full Text Available This study examined the relationship between control management and family business performance in the Malaysian context. It has two objectives, the first being to determine the relationship of organizational credit control policy and procedures, employee development and motivation, and intelligence collection systems to subsequent collection reports in Malaysian family SMEs. The second objective is to investigate the moderating effect of participation in decision-making and work effort towards innovation and business performance. This is a descriptive study involving 90 senior executives employed in 90 Malaysian family SMEs/firms. A correlation analysis from this study confirmed previous researchers’ observations that high-level organizational commitment to credit control management is linked to improvements in business performance. The results suggest that three components – credit policy, employee development, and intelligence collection systems – are the most important predictors for the efficiency and effectiveness of credit control management.    

  8. The Transaction Footprints of Scottish Food And Drink SMEs

    Directory of Open Access Journals (Sweden)

    Copus Andrew

    2016-09-01

    Full Text Available This paper presents a survey approach to measuring the “transaction footprints” of rural small and medium sized enterprises (SMEs. Combined with a graphical presentation of results, this contributes to the evidence base on the roles of local and global linkages. Findings suggest that the food and drink industry of Scotland is relatively localised in its input and sales interaction pattern, although substantial variations, associated with product specialisms, remoteness/accessibility, input purchasing and marketing strategies, exist. Localised SMEs have weathered the recession slightly better, but more outward-looking in firms tend to have greater optimism about the future. Transaction footprint analysis should be viewed as component of an ongoing process of re-mapping the network infrastructure of the rural economy, alongside analysis of untraded interdependencies, and institutional networks in the realm of governance.

  9. Co-operative bidding of SMEs in health care sector.

    Science.gov (United States)

    Mezgár, István; Kovács, György; Bonfatti, Fabio

    2002-01-01

    Tendering become an important process for customers in the health care sector to select products and services from the market for the lowest price, with the highest quality and with the shortest delivery time. The number of SMEs (Small and Medium-sized Enterprises) delivering products or services for the health care sector is increasing, but they have usually limited capital and expertise to participate in tenders. The paper introduces a possible solution for this problem, when SMEs form special groups, so called Smart Bidding Organisations (SBO), to prepare a bid for the tender jointly. The SBO appears for the customer (tender issuer) as a single enterprise and the bidding procedure will be faster and less expensive in this way.

  10. The internationalization of SMEs operating in the engineering industry

    Directory of Open Access Journals (Sweden)

    Lenka Procházková

    2012-01-01

    Full Text Available The importance of small and medium enterprises (SMEs in the national economies of EU countries has been always growing. For these reasons, the increasing attention is paid to small and medium-sized enterprises also in the Czech economy. The paper is focused on the globalization of small and medium enterprises, in particular, identifying the key success factors of small and medium-sized businesses that operate in the engineering industry. For the purpose of fulfilling the objective of the article, the level of success of SMEs in foreign markets is established with the aggregate indicator of success. Subsequently the results of the primary research among the Czech engineering companies are presented, based on this research the factors affecting the success of these entities of engineering industry in foreign markets are defined.

  11. Trust, Commitment and Competitive Advantage in SMEs Export Performance

    OpenAIRE

    Ismail, Md Daud; Alam, Syed Shah; Abdul Hamid, Roshayati bt

    2017-01-01

    The entry of small businesses into international markets has intensified. However, despite the growing presence of small businesses in international markets, studies into their international behavior, particularly regarding the effect of international relationships on international outcomes, remain limited. This study investigates the cross-border relationships of Small and Medium Enterprises (SMEs) by examining the effects of the dimensions of the key relationship on the competitive advantag...

  12. Marketing orientation vs. innovativeness of SMEs of the Podlaskie province

    OpenAIRE

    Ejdys, Joanna

    2015-01-01

    This research aims to examine the impact of marketing orientation on the innovation level among Small and Medium Size (SMEs) from Podlaskie Province. A survey utilizing a questionnaire was conducted among 137 companies in the Podlaskie Voivodeship. Altogether 3 hypotheses concerning marketing orientation and innovativeness level have been examined with the use of the hierarchical regression techniques. The relation between three types of marketing orientation and innovativeness has been analy...

  13. Social Enterprises and Employment: Mainstreaming SMEs and Employment Creation

    OpenAIRE

    Lanzona, Leonardo Jr. A.

    2015-01-01

    This paper argues that mainstreaming small and medium enterprises (SMEs) and social enterprises (SEs) into various international treaties will require the assumption of positive externalities, which markets cannot fully evaluate. To show this, the possible influence that SEs may have on SME development and, eventually, on employment will be discussed. SEs are small- and medium-sized commercial businesses providing valuable social service to customers and sustainable jobs and training for up t...

  14. Professionalization influences on Thai family SMEs internationalization activities

    OpenAIRE

    Kotanut, Varitha

    2012-01-01

    Professionalisation is what has occurred in many family businesses. Recently, Thai family SMEs has become more and more internationalised. My dissertation studied how professionalisation influence firms' internationalisation process, including personnel from whom they acquired relevant skills, specific market knowledge, and experiences that enable growth of the company. These personnel may also affect the firm's managerial system. Each firm may change their governance, strategy, and control s...

  15. Overcoming Barriers to Technology Adoption in Small Manufacturing Enterprises (SMEs)

    Science.gov (United States)

    2003-06-01

    7 3.4 Adopting a Control-System-Modeling Tool.................................................8 3.5 Adapting Ecommerce and Manufacturing Execution...productivity and efficiency improvements. SMEs frequently lack the necessary technical knowledge, staff, and resources to take advantage of new techniques...FEA) tool into their exist- ing 3D CAD system and to optimize their design process to take advantage of the new soft- ware. Based on the results

  16. Design Management Capability and Product Innovation in SMEs

    OpenAIRE

    Fernández-Mesa, Ana Isabel; ALEGRE VIDAL, JOAQUIN; CHIVA GOMEZ, RICARDO; Gutiérrez Gracia, Antonio

    2013-01-01

    [EN] Purpose The aim of this paper is to present design management as a dynamic capability and to analyze its mediating role between organizational learning capability and product innovation performance in small and medium enterprises (SMEs). Design/methodology/approach Structural equation modeling is used to test the research hypotheses based on data from the Italian and Spanish ceramic tile industries. The data are derived from the responses of 182 companies (50 percent of the targ...

  17. Empirical investigation of energy efficiency barriers in Italian manufacturing SMEs

    International Nuclear Information System (INIS)

    Trianni, Andrea; Cagno, Enrico; Worrell, Ernst; Pugliese, Giacomo

    2013-01-01

    The paper identifies and evaluates barriers to industrial energy efficiency through the investigation of 48 manufacturing Small and Medium-sized Enterprises (SMEs) in Northern Italy. The research provides interesting suggestions both for enterprises and energy policy-makers. Firstly, economic and information barriers are perceived as the major obstacles to the adoption of energy-efficient technologies, whilst behavioural barriers do not seem to affect enterprises very much. Nonetheless, despite what declared, the most relevant barriers are the lack of interest in energy efficiency and the existence of other priorities, thus showing that decision-makers tend to downgrade energy efficiency to a marginal issue. Furthermore, perceived barriers do not take place exclusively in implementing energy-efficient technologies, but, with comparable importance, also in generating the interest and knowledge of the opportunities. Moreover, the study highlights that relevant differences can be appreciated for both perceived and real barriers even among SMEs, that thus should not be bundled together. In addition to that, other factors affect barriers, stimulating future research: indeed, lower real barriers can be observed with higher complexity of the production, high variability of the demand and strong competitors. -- Highlights: ► Evidence of existing misalignments between perceived and real barriers to the adoption of energy-efficient technologies. ► Relevance of barriers to the generation of interest towards energy efficiency. ► Evidence of firm's size (within SMEs) and energy expenditures on barriers to energy efficiency. ► Importance, for energy efficiency barriers, of avoid bundling SMEs as a whole. ► Preliminary evidence of factors related to supply chain complexity affecting barriers to energy efficiency.

  18. A Methodology for Quality Problems Diagnosis in SMEs

    OpenAIRE

    Humberto N. Teixeira; Isabel S. Lopes; Sérgio D. Sousa

    2012-01-01

    This article proposes a new methodology to be used by SMEs (Small and Medium enterprises) to characterize their performance in quality, highlighting weaknesses and area for improvement. The methodology aims to identify the principal causes of quality problems and help to prioritize improvement initiatives. This is a self-assessment methodology that intends to be easy to implement by companies with low maturity level in quality. The methodology is organized in six different steps which include...

  19. Industry 4.0 Concept Introduction into Construction SMEs

    Science.gov (United States)

    Nowotarski, Piotr; Paslawski, Jerzy

    2017-10-01

    The article presents a general idea of Industry 4.0 concept with the introduction presenting descriptions of the most important aspects in terms of production and construction industry development. The importance of the SME sector is stressed showing that this group of companies plays significant role in the European economy. The main objective of the article is to define and show possible research areas connected with the introduction of Industry 4.0 concept into SMEs with the main focus on the construction sector. For this purpose, an analysis was made, based on the most recent literature, to point out actual needs in the SMEs sector in terms of its evolution into 4.0 level. What is more, the analysis was performed based on the most popular articles published in journals available in Thomson Reuters Web of Science Core Collection database regarding Industry 4.0 concept in the last decade showing the actual change of interest in this filed, taking into account possibility of usage of this concept in the construction and production sector. Authors tried to describe current knowledge regarding Industry 4.0 introduction for SMEs. Performed analysis showed that there is a wide spectrum of disciplines that are affected by the Industry 4.0 that needs to be examined considering introduction into SMEs. Study also showed that multidiscipline approach was not investigated so far to create special rules, procedures and methods and know-how designed for introduction of main principles of Industry 4.0 in the SME sector. Authors came to the conclusions that there should be more stress put into research in this field especially taking into account the huge potential which lies in SME sector in terms of global economic strength.

  20. Challenges and Success Factors of ERP Systems in Australian SMEs

    Directory of Open Access Journals (Sweden)

    Sitalakshmi Venkatraman

    2016-05-01

    Full Text Available Today, great potential is envisaged for ERP systems in small and medium-sized enterprises (SMEs, and software vendors have been repackaging their ERP systems for SMEs with a recent focus on cloud-based systems. While cloud ERP offers the best solution for SMEs without the overheads of the huge investment and management costs that are associated with traditional ERP systems, the SME sector faces many challenges in their adoption. Traditional ERP studies have predominantly focused on large organizations, and gaps in the literature indicate that both vendor and consumer perspectives require more understanding with new technology offerings for SMEs. This paper describes some of the common challenges, such as cost effectiveness, alignment between software and business processes, customized governance and training, which form the major SME constraints for ERP system adoption. Due to the dynamic nature of SME businesses, best practice guidelines for an SME’s ERP implementation could be arrived at through closer investigation of its business requirements in order to avoid misfits. This forms the main objective of the study. We identify key success factors of ERP implementation in an Australian SME as a case study. These target success factors are then compared to the actual outcomes achieved. Factors such as business process alignment with the ERP system, meeting customer and stakeholder needs and reducing recurring and maintenance costs were key to the success of ERP implementation for the Australian SME. In particular, the IT and business strategy alignment with a customer focus and flexible reporting features of ERP systems has resulted in business agility.

  1. Wire rope superconducting cable for diurnal load leveling SMES

    International Nuclear Information System (INIS)

    Costello, G.A.

    1980-01-01

    The design of a wire rope cable for a superconducting magnetic energy storage (SMES) unit is discussed. The superconducting wires in the rope permit the passage of large currents in the relatively small conductors of the windings and hence cause large electromagnetic forces to act on the rope. The diameter of the rope, from a strength point of view, can be considerably reduced by supporting the rope at various points along its length

  2. Exploring a Sense of Intellectual Property Valuation for Indian SMEs

    OpenAIRE

    Sumanjeet Singh; Minakshi Paliwal

    2014-01-01

    As intellectual property (IP) has become an integral part of business strategy, the valuation of these assets has become more and more critical. Consequently, the strategic decisions of Indian SMEs also increasingly depend on understanding the economics affecting the value of these assets and most crucially appraising the approximate value of their IP. In this light, the paper reviews the principal approaches and methods used to evaluate an IP asset and proposes a framework to help the Indian...

  3. Conceptualising how SMEs incorporate green content in their websites

    OpenAIRE

    Craig M. Parker; Emilia Bellucci; Luba Torlina; Ambika Zutshi; Bardo Fraunholz

    2014-01-01

    This paper presents a framework on how Small and Medium Enterprises (SMEs) can proactively incorporate content relating to their ecological responsibility (or green) activities in their websites. SME studies offer limited guidance on, and conceptualisation of, how organisations can incorporate different types of content into their website designs. This paper addresses this problem by presenting the results of an exploratory, qualitative content analysis of Australian SME websites where emerge...

  4. Conceptualising how SMEs incorporate green content in their websites

    Directory of Open Access Journals (Sweden)

    Craig M. Parker

    2014-11-01

    Full Text Available This paper presents a framework on how Small and Medium Enterprises (SMEs can proactively incorporate content relating to their ecological responsibility (or green activities in their websites. SME studies offer limited guidance on, and conceptualisation of, how organisations can incorporate different types of content into their website designs. This paper addresses this problem by presenting the results of an exploratory, qualitative content analysis of Australian SME websites where emergent themes are interpreted using framing and legitimacy theories. It describes three dimensions (location, presentation, and specificity which comprise the framework, under which the themes are grouped. The paper outlines how scholars can use the framework to develop models and carry out evaluations regarding how SMEs embed green content, and potentially other specific content types, in their websites. It also summarises how the framework can assist SMEs (or website developers serving them make informed decisions regarding framing their websites as green, or de-emphasising this content, by paying attention to its location (e.g. homepage, navigation bars and presentation (e.g. how paragraphs, images, etc are used within webpages. The legitimacy or credibility of the green content can be enhanced using different types of specificity (e.g. statistics, detail of processes and actions, and third-party substantiation.

  5. Strategic thinking as a tool for technological innovation in smes

    Directory of Open Access Journals (Sweden)

    Darcy Luz Mendoza

    2016-11-01

    Full Text Available The present study aims to design strategies that allow smes to watch from one strategic thinking technological innovation, in order to meet the financial core objective to grow and be competitive in the market. The article illustrates how smes can get enterprise development from a planned technological innovation from its institutional philosophy, it imposes a challenge for these companies, the establishment of an action plan and building articulated development scenarios involve and benefit all stakeholders generating competitive advantages. The study was conducted using a survey of 95 businesses in La Guajira department, having as strategy exposed by Daft (2005 who finds that competitive strategy is about being different, select a number of different activities that other been selected to offer a unique mix of value. The research results suggest that smes do not have a department that demonstrates technological structure that have made a process for the development and successful commercialization of new or improved products, either that these companies think the strategies from its institutional philosophy, putting into practice the strategic thinking.

  6. E-Business Initiatives in Indonesian Manufacturing SMEs

    Directory of Open Access Journals (Sweden)

    Singgih Saptadi

    2014-01-01

    Full Text Available The role of information technology (IT in improving companies’ competitiveness, including small and medium enterprises (SMEs, has been widely accepted. But, the IT investment will be in vain, if SMEs do not align their business and IT. There is a need to develop a framework of business-IT alignment. The framework development requires an understanding of the patterns of IT implementation in supporting SMEs’ business (e-business initiatives. This paper presents an empirical study on e-business initiatives in Indonesian manufacturing SMEs. The study uses 41 business processes that are grouped into three business focuses: supplier side, internal side and customer side. Based on the complexity of IT support to business processes, supplier side score, internal side score, customer side score and global score can be calculated. These scores are used to develop e-business initiative groups by using cluster analysis. After validated using discriminant analysis, the cluster analysis gives five e-business initiatives. First initiative is e-business implementation in three sides of business focuses, although in the early stage. Second initiative is IT implementation with internal side focus. Third initiative is e-business with customer side focus. The fourth is initiative that focuses on internal and customer side. The last is e-business initiative that balances and extends IT implementation on the three sides of business focuses. Then, this paper explains the differences between e-business initiatives.

  7. Fast SMES for generation of high power pulses

    International Nuclear Information System (INIS)

    Juengst, K.P.; Salbert, H.

    1996-01-01

    A technique for generation of high power pulses based on a fast SMES has been developed and a model of a power modulator for linear accelerators was built. The basic function of the modulator that generates 2 ms long, approximately 1 MW power pulses at a repetition rate of 10 Hz is described in this paper. A modular construction of the SMES that consists of up to six coils has been chosen to meet the demands of several applications in high energy physics and energy distribution. The rate of change of magnetic field achieved during ramping of the magnet was more than 60 T/s without a quench. The magnet was designed with respect to the high AC losses during repetitive ramping of the SMES. The suitability of mixed matrix superconductors instead of more expensive net frequency wires for this kind of AC stress was investigated. The applied mixed matrix Cu/CuNi/NbTi wire and the construction of a single coil is described

  8. Strategies for refinancing of SMEs in Bangladesh: Problems & constraints

    Directory of Open Access Journals (Sweden)

    Amitav Saha

    2011-12-01

    Full Text Available Over the past decade, there has been a significant change in the world trade regime, too. The WTO techniques agreements limit the use of certain trade measures as quantitative restrictions and subsidies. Such development has also implication for a country's strategy in supporting its domestic industry in including SMEs. WTO agreements cover not only the traditional goods sector but also new sectors like services and intellectual property rights. There is a tendency for considering these newly included sectors as constraints to trade prospects of a poor country like Bangladesh. There are certain other areas where improvements pro­vide genuine incentives to SMEs and contribute to their enhanced competitiveness. Improved infrastructure, better law and order situation, and efficient ports and transportation are likely to impact favorably upon the SMEs sector and such things may be no less important than mere policy supported incentives. However, these provisions have now become realities. Bangladesh should continue its efforts to make the world community appreciate the difficult economic situation of the LDCs and to help to attain var­ious trade preferences and conces­sions. Its long-run economic pros­perity critically depends on success or otherwise of its efforts to turn the challenges of globalization opportunities. This will create a strong and potential base for economic development, which will in turn accelerate the process of poverty reduction, and reduction of unemployment, create employment opportunities as well as accelerate the overall economic growth of the country.

  9. Usable and accessible websites in SMEs. Challenges for the future

    Directory of Open Access Journals (Sweden)

    Ana Castillo-Díaz, Ph. D.

    2010-01-01

    Full Text Available In an increasingly competitive environment in which Internet occupies a prominent place, transferring a brand from the offline to the online environment has become a vital issue for companies. Usability and accessibility have become crucial to enable adequate online brand communication. Ensuring websites are usable and accessible will facilitate web navigation, will improve the company’s image, and will favour loyalty towards the brand.This article presents the results of an investigation measuring the extent to what small and medium enterprises (SMEs employ usability and accessibility as supporting pillars of brand in the online environment to communicate with their audiences. The results indicate that usability is in fact taken into account by SMEs, but it is seen more as a technological element than as a promotion tool for the brand. Accessibility, on the other hand, is of secondary concern in the design of websites analysed, since they are not certified by any standard and are not fully accessible. Thus, it can be argued that the concern to transmit the brand online is incipient but, currently, SMEs do not take advantage of all the potential offered by the Web.

  10. Social media as marketing tool for SMEs: opportunities and challenges

    Directory of Open Access Journals (Sweden)

    Blerta Rugova

    2016-11-01

    Full Text Available Social media is a phenomenon that has transformed the interaction and communication of individuals throughout the world. Especially, social networking websites are very popular and have become daily practice in a lot of people’s lives. These sites have made significant impact on the individual’s life. However, social media is not only a communication tool for amusement, but it is also an important part of marketing strategies in business life. There is a constant rise in social networking and therefore impact of social networks is becoming stronger every day, into each kind of business. Social media are often used as a source of information and spread of knowledge changing people’s views and opinions. They belong among very important business marketing tactics and help to create new business opportunities, develop a stronger market position or modify consumer’s behaviour. Therefore, in developed countries, social media are gaining popularity and are increasingly used in regular operations of many companies, including start-ups, small, medium-sized, and large organizations. But it seems that in emerging economies such as Kosovo, Albania and other neighbour countries, marketing over social media is not taken that seriously, especially by SMEs. There are some companies who have shown interest and have created their presence, yet there is no serious focus in this innovative marketing tool. The study deals with the issue of social media and its influence on SMEs. It classifies social media and explores the possibilities and challenges of social networks in business. The authors describe features and the evolution of social media, including major social networking sites that came into existence during the 21st century. The purpose of the paper is to review the academic literature on the opportunities and challenges of using social media from SMEs, as well as identifying factors that drive social media marketing adoption and usage in SMEs. This

  11. What affects the innovation performance of small and medium-sized enterprises (SMEs) in the biotechnology industry? An empirical study on Korean biotech SMEs.

    Science.gov (United States)

    Kang, Kyung-Nam; Lee, Yoon-Sik

    2008-10-01

    Research-intensive small and medium-sized enterprises (SMEs) play a crucial role in the advancement of the biotechnology industry. This paper explored the impacts of internal and contextual variables on innovative activity in Korea and compared the results of this analysis with previous studies of other countries. Our analysis of 149 Korean biotech SMEs showed that the ratio of R&D expenditure to sales, the ratio of R&D employees to total employees, CEO characteristics, governmental support and international networking are positively correlated with a firm's innovation performance. The results may help decision makers to better foster SMEs in the Korean biotechnology industry.

  12. Expert auditors’ services classification

    OpenAIRE

    Jolanta Wisniewska

    2013-01-01

    The profession of an expert auditor is a public trust occupation with a distinctive feature of taking responsibility for actions in the public interest. The main responsibility of expert auditors is performing financial auditing; however, expert auditors are prepared to carry out different tasks which encompass a wide plethora of financial and auditing services for different kinds of institutions and companies. The aim of the article is first of all the description of expert auditors’ service...

  13. Delegating Decisions to Experts

    Science.gov (United States)

    Li, Hao; Suen, Wing

    2004-01-01

    We present a model of delegation with self-interested and privately informed experts. A team of experts with extreme but opposite biases is acceptable to a wide range of decision makers with diverse preferences, but the value of expertise from such a team is low. A decision maker wants to appoint experts who are less partisan than he is in order…

  14. Business ICT adoption and open access : the example of SMEs at industrial parks in the Netherlands

    NARCIS (Netherlands)

    Sadowski, B.M.

    2014-01-01

    Information and Communication Technologies (ICT) provide small- and medium-sized enterprises (SMEs) with an option to create and exploit strategic opportunities. Prior investment in ICT infrastructure can lead to follow-up decisions to adopt new ICT services, but there is no guarantee that SMEs will

  15. Exploring the Role of Usability in the Software Process: A Study of Irish Software SMEs

    Science.gov (United States)

    O'Connor, Rory V.

    This paper explores the software processes and usability techniques used by Small and Medium Enterprises (SMEs) that develop web applications. The significance of this research is that it looks at development processes used by SMEs in order to assess to what degree usability is integrated into the process. This study seeks to gain an understanding into the level of awareness of usability within SMEs today and their commitment to usability in practice. The motivation for this research is to explore the current development processes used by SMEs in developing web applications and to understand how usability is represented in those processes. The background for this research is provided by the growth of the web application industry beyond informational web sites to more sophisticated applications delivering a broad range of functionality. This paper presents an analysis of the practices of several Irish SMEs that develop web applications through a series of case studies. With the focus on SMEs that develop web applications as Management Information Systems and not E-Commerce sites, informational sites, online communities or web portals. This study gathered data about the usability techniques practiced by these companies and their awareness of usability in the context of the software process in those SMEs. The contribution of this study is to further the understanding of the current role of usability within the software development processes of SMEs that develop web applications.

  16. The development of asymmetric trust in cooperation between large firms and SMEs: Insights from China

    NARCIS (Netherlands)

    Wang, H.; Peverelli, P.J.; Bossink, B.A.G.

    2015-01-01

    This paper describes how asymmetric trust develops and changes in time in cooperative relationships between large enterprises and SMEs in China. A model is developed on the basis of in-depth case studies of cooperation between six SMEs and five large firms in China. The data sources reveal how

  17. Inventory management performance in machine tool SMEs: What factors do influence them?

    Directory of Open Access Journals (Sweden)

    Rajeev Narayana Pillai

    2010-12-01

    Full Text Available Small and Medium Enterprises (SMEs are one of the principal driving forces in the development of an economy because of its significant contribution in terms of number of enterprises, employment, output and exports in most developing as well as developed countries. But SMEs, particularly in developing countries like India, face constraints in key areas such as technology, finance, marketing and human resources. Moreover these SMEs have been exposed to intense competition since early 1990s because of globalization. However, globalization, the process of continuing integration of the countries in the world has opened up new opportunities for SMEs of developing countries to cater to wider international market which brings out the need for these SMEs to develop competitiveness for their survival as well as growth. It is observed from literature that pursuing appropriate IM practice is one of the ways of acquiring competitiveness among others, by effectively managing and minimizing inventory investment. Inventory management can therefore be one of the crucial determinants of competitiveness as well as operational performance of SMEs in inventory intensive manufacturing industries. The key issue is whether Indian SMEs pursue better IM practices with an intension to reduce their inventory cost and enhance their competitiveness. If so, what are the IM practices pursued by these enterprises? What are the factors which influence the inventory cost and IM performance of enterprises? These questions have been addressed in this study with reference to machine tool SMEs located in the city of Bangalore, India.

  18. A critical analysis of the contents of the IFRS for SMEs - a South African perspective

    Directory of Open Access Journals (Sweden)

    Daniel Petrus Schutte

    2011-06-01

    Full Text Available The International Financial Reporting Standards (IFRS for Small and Medium Enterprises (SMEs was developed to address the reporting needs of SMEs worldwide. Furthermore, SMEs from different parts of the world are exposed to different conditions and environments. Although the IFRS for SMEs was not intended for a specific user group,the majority of the respondents to the Exposure Draft on IFRS for SMEs were from Europe and other developed countries while only limited respondents from Africa and developing countries were involved.  This study considered the relevance of the contents of the IFRS for SMEs in the South African environment based on user requirements. Since SMEs do not necessarily have functional accounting departments and because they rely on external accountants to compile financial statements, we included accounting practitioners and trainee accountants from the SME sector in our survey. As a result we classified the contents of the IFRS for SMEs, from a South African perspective, into different levels of importance or relevance.

  19. Barriers to Application of E-Learning in Training Activities of SMEs

    Science.gov (United States)

    Anderson, Randy J.; Wielicki, Tomasz; Anderson, Lydia E.

    2010-01-01

    This paper reports on the on-going study of Small and Mid-Size Enterprises (SMEs) in the Central California concerning their use of Information and Communication Technology (ICT). This research project analyzed data from a sample of 161 SMEs. Specifically, this part of the study is investigating the major barriers to applications of e-learning…

  20. The impact of SFCL and SMES integration on the distance relay

    Energy Technology Data Exchange (ETDEWEB)

    Yang, Jun, E-mail: JYang@whu.edu.cn [School of Electrical Engineering, Wuhan University, Wuhan 430072 (China); Zhang, Liling; Wang, Xinpu; Chen, Lei [School of Electrical Engineering, Wuhan University, Wuhan 430072 (China); Chen, Yanxia [Beijing Electric Power Research Institute, Beijing 100075 (China)

    2016-11-15

    Highlights: • The impact of SFCL and SMES integration on the circle distance relay is studied. • The detailed models of SFCL and SMES with distance delay are built in MATLAB. • The integration of SFCL and SMES does influence the operation of distance relay. • An improved distance relay to prevent mal-operation is proposed and verified. - Abstract: The superconducting fault current limiter (SFCL) is an ideal short-circuit fault current limiting device that can limit the fault current without any delay and control the voltage drop of the non-fault line. The superconducting magnetic energy storage (SMES) device can exchange the active and reactive power independently, so it is applied broadly to improve power system stability. With SFCL, the low voltage ride-through capability of SMES can be enhanced as well as its MW and MJ capacities. The distance relay is a key electrical apparatus that will trip circuit breakers to protect electrical devices from short circuit faults. Due to the application of SFCL and SMES integration, the voltage and current in power grid will change accordingly, and the operation characteristic of distance relay may be affected. In this paper, the impact of a bridge-type SFCL and SMES integration on the circle distance relay is studied. And simulation results show that the integration of SFCL and SMES does influence the measured impedance of distance relay, which can lead to mal-operation of the circle distance relay. Furthermore, an improved distance relay is proposed and verified.

  1. Social Networks, Social Media and Absorptive Capacity in Regional Small and Medium Enterprises (SMES) in Australia

    Science.gov (United States)

    Bosua, Rachelle; Evans, Nina; Sawyer, Janet

    2013-01-01

    Small and Medium Enterprises (SMEs) are major sources of prosperity and employment and are viewed as critical to regional development in Australia. A key factor to foster productivity and growth in SMEs is their ability to identify, acquire, transform and exploit external knowledge. This ability, referred to as the "absorptive capacity…

  2. A Framework for Research on E-Learning Assimilation in SMEs: A Strategic Perspective

    Science.gov (United States)

    Raymond, Louis; Uwizeyemungu, Sylvestre; Bergeron, Francois; Gauvin, Stephane

    2012-01-01

    Purpose: This study aims to propose an integrative conceptual framework of e-learning adoption and assimilation that is adapted to the specific context of small to medium-sized enterprises (SMEs). Design/methodology/approach: The literature on the state of e-learning usage in SMEs and on the IT adoption and assimilation factors that can be…

  3. Beyond size : Predicting engagement in environmental management practices of Dutch SMEs

    NARCIS (Netherlands)

    Uhlaner, L.M.; Berent-Braun, M.M.; Jeurissen, R.J.M.; Wit, de G.

    2012-01-01

    This study focuses on the prediction of the engagement of small- and medium-sized enterprises (SMEs) in environmental management practices, based on a random sample of 689 SMEs. The study finds that several endogenous factors, including tangibility of sector, firm size, innovative orientation,

  4. Ageing workers in SMEs and the influence on corporate’s internationalization

    NARCIS (Netherlands)

    Zahel, Tina; Gellert, Franz Jozef

    The „Ageing of Europe‟ phenomenon is related to a higher life expectancy of European inhabitants as well as to decreasing fertility and mortality rates. Those developments affect small and medium sized enterprises (SMEs) because the number of older workers in SMEs is increasing too. Our research

  5. Effects of financing on the investment of Dutch SMEs during the financial crisis

    NARCIS (Netherlands)

    Zubair, Sirazul

    2013-01-01

    This study investigates the effect of the recent financial crisis on the investment of Dutch SMEs (small and medium sized enterprises). Precisely, the focus is on the availability of internal finance and external finance of Dutch SMEs and their effect on the investments during the recent financial

  6. The impact of SFCL and SMES integration on the distance relay

    International Nuclear Information System (INIS)

    Yang, Jun; Zhang, Liling; Wang, Xinpu; Chen, Lei; Chen, Yanxia

    2016-01-01

    Highlights: • The impact of SFCL and SMES integration on the circle distance relay is studied. • The detailed models of SFCL and SMES with distance delay are built in MATLAB. • The integration of SFCL and SMES does influence the operation of distance relay. • An improved distance relay to prevent mal-operation is proposed and verified. - Abstract: The superconducting fault current limiter (SFCL) is an ideal short-circuit fault current limiting device that can limit the fault current without any delay and control the voltage drop of the non-fault line. The superconducting magnetic energy storage (SMES) device can exchange the active and reactive power independently, so it is applied broadly to improve power system stability. With SFCL, the low voltage ride-through capability of SMES can be enhanced as well as its MW and MJ capacities. The distance relay is a key electrical apparatus that will trip circuit breakers to protect electrical devices from short circuit faults. Due to the application of SFCL and SMES integration, the voltage and current in power grid will change accordingly, and the operation characteristic of distance relay may be affected. In this paper, the impact of a bridge-type SFCL and SMES integration on the circle distance relay is studied. And simulation results show that the integration of SFCL and SMES does influence the measured impedance of distance relay, which can lead to mal-operation of the circle distance relay. Furthermore, an improved distance relay is proposed and verified.

  7. Data article on disposition towards enhancing SMEs' performance through entrepreneurial orientations: Perspectives from a developing economy.

    Science.gov (United States)

    Ibidunni, Ayodotun Stephen; Ibidunni, Oyebisi Mary; Olokundun, Maxwell Ayodele; Falola, Hezekiah Olubusayo; Salau, Odunayo Paul; Borishade, Taiye Tairat

    2018-06-01

    This article present data on the disposition of SME operators towards enhancing SMEs Performance through entrepreneurial orientations. Copies of structured questionnaire were administered to 102 SME owners/managers. Using descriptive and standard multiple regression statistical analysis, the data described how proactiveness, risk-taking and autonomy orientations significantly influenced SMEs' profitability, sales growth, customer satisfaction and new product success.

  8. When Do SMEs Benefit from E-Commerce in an Industrial Cluster?

    DEFF Research Database (Denmark)

    Hugger, Ada Scupola

    2005-01-01

    The goal of this paper is to explore how ICT networks may be used in industrial clusters, especially by SMEs. The two primary research questions addressed are as follows: 1) How do firms embedded in a cluster use public ICT infrastructures such as broadband access to the Internet? 2) Under what c...... conditions do firms in a cluster, especially SMEs, benefit from Internet usage?...

  9. Innovation Management of SMEs in the Creative Sector in Flanders and the Netherlands

    NARCIS (Netherlands)

    Ysabel Nauwelaerts; Iris Hollaender

    2011-01-01

    SMEs represent a very important part of the European economy today, and within this SME group the creative sector is recently one of the fastest growing sectors. Our paper studies the innovation management of 105 creative SMEs in Flanders and the Netherlands, based on the innovation diagnostic

  10. The Influence of Innovativeness on the Growth of SMEs In Kenya

    Directory of Open Access Journals (Sweden)

    JOHN KARANJA NGUGI

    2013-07-01

    The findings indicated that innovativeness influences the growth of SMEs in Kenya. The tendency of owner/manager to engage in and support new ideas, novelty, experimentation and creative processes results in new products, services or technological processes which has a great influence on the performance of SMEs.

  11. Does ICT Policy Improve Interorganisational ICT for SMEs? A Dutch Policy Evaluation Study

    NARCIS (Netherlands)

    Plomp, M.G.A.; Batenburg, R.S.; Den Hertog, P.

    2011-01-01

    Interorganisational ICT has become critical for the performance of both small and large organisations. SMEs however, traditionally lag behind in the uptake of these systems. In many countries, various policy programmes are initiated to improve ICT uptake by SMEs and support them in digital linking

  12. ICT policy to foster interorganisational ICT adoption by SMEs: The Netherlands Goes Digital case

    NARCIS (Netherlands)

    Plomp, M.G.A.; Batenburg, R.S.; den Hertog, P.; Devos, J.; van Landeghem, H.; Deschoolmeester, D.

    2014-01-01

    SMEs are of vital importance for our economy and society. However, they lag behind in their adoption of ICT, particularly interorganisational ICT. Many countries have put policy programmes in place to improve SMEs on this aspect. Previous research provides unclear evidence on the effectiveness of

  13. Does ICT policy improve interorganisational ICT for SMEs? A Dutch policy evaluation study.

    NARCIS (Netherlands)

    Plomp, M.G.A.; Batenburg, R.S.; Hertog, P. den

    2011-01-01

    Interorganisational ICT has become critical for the performance of both small and large organisations. SMEs however, traditionally lag behind in the uptake of these systems. In many countries, various policy programmes are initiated to improve ICT uptake by SMEs and support them in digital linking

  14. Financing energy SMEs in Ghana and Senegal: Outcomes, barriers and prospects

    DEFF Research Database (Denmark)

    Haselip, James Arthur; Desgain, Denis DR; Mackenzie, Gordon A.

    2014-01-01

    enterprises (energy SMEs). These assumptions were (1) that the lack of affordable local financing presented the most significant barrier to setting up and expanding energy SMEs, and (2) that these barriers would be overcome by a ‘demonstration effect’ whereby successful businesses, supported by donor...

  15. How do preparers perceive costs and benefits of IFRS for SMEs? Empirical evidence from the Netherlands

    NARCIS (Netherlands)

    Litjens, R.; Bissessur, S.; Langendijk, H.; Vergoossen, R.

    2012-01-01

    This paper examines how preparers perceive the association between costs and benefits of International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). Extant research on costs and benefits associated with IFRS for SMEs is inconclusive. Our results suggest that

  16. How do preparers perceive costs and benefits of IFRS for SMEs? : Empirical evidence from the Netherlands

    NARCIS (Netherlands)

    Litjens, H.J.R. (Robin); Langendijk, H.P.A.J.; Bissessar, A.M.; Vergoossen, R.G.A.

    2012-01-01

    This paper examines how preparers perceive the association between costs and benefits of International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). Extant research on costs and benefits associated with IFRS for SMEs is inconclusive. Our results suggest that

  17. The nature of embedded purchasing activities in SMEs : results from a Dutch multiple case study

    NARCIS (Netherlands)

    Hagelaar, Geoffrey; Staal, Anne; Holman, Richard; Walhof, Gert

    2015-01-01

    Aims: identify and explain purchasing-oriented patterns in Small and Medium Sized Enterprises (SMEs) via case study research. Scope: Using a conceptual framework and empirical research this article proposes a series of purchasing-oriented patterns in SMEs. These patterns align activities to achieve

  18. Toward an Understanding of People Management Issues in SMEs: a South-Eastern European Perspective

    Science.gov (United States)

    Szamosi, Leslie T.; Duxbury, Linda; Higgins, Chris

    2004-01-01

    The focus of this paper is on developing an understanding, and benchmarking, human resource management HRM issues in small and medium enterprises SMEs in South-Eastern Europe. The importance of SMEs in helping transition-based economies develop is critical, but at the same time the research indicates that the movement toward westernized business…

  19. Government Approaches to Foster Competitive Intelligence Practice in SMEs: A Comparative Study of Eight Governments.

    Science.gov (United States)

    Bergeron, Pierrette

    2000-01-01

    Presents results from a study examining approaches developed by seven governments to foster competitive intelligence practice in SMEs (small and medium enterprises) and compares them with the approach taken by the government of Quebec. Suggests a need for a better understanding of information needs and uses in SMEs. (Contains 22 references.)…

  20. Competitive Intelligence for SMEs. From Intellectual Concepts to Actionable CI Rules and Good Practices.

    Science.gov (United States)

    Dou, Henri

    2000-01-01

    Presents several aspects of the development of actionable competitive intelligence into SMEs (small and medium enterprises). Describes types of information used in SMEs, economic intelligence in France, suggestions for information management, and various works undertaken through the European Community. (Contains 11 references.) (Author/LRW)

  1. The Use of Social Media in SMEs: A Case Study for Burdur, Turkey

    Directory of Open Access Journals (Sweden)

    Adnan Kalkan

    2017-10-01

    Full Text Available In today’s business world, social media tools (i.e. facebook, twitter, Linkedin, etc. begin to play an important role in reaching and communicating with customers for businesses. However, the importance of using social media can’t be still understood by SMEs so far. Businesses use different social media tools in various purposes in their life. In this research we aim to investigate the ideas of SMEs about social media and their aims of using social media tools. Data were collected from SMEs operating in Burdur by simple random sampling. The data obtained from the 84 questionnaires was entered to computer and statistical analysis was carried out by using SPSS 20 statistical program. In this study, reliability analysis was used firstly. Then, some descriptive analyses were carried out about using social media for SMEs. Finally, a frequency table regarding the social media usage in SMEs was given. As a result, it was seen that 82.1% of SMEs participating in this study have a social network page. Secondly, SMEs are using facebook social media network mostly. In addition, SMEs have expressed that they attend all statements involved in the use of social media scale.

  2. Configurations of new ventures and SMEs: a literature review of empirical research

    NARCIS (Netherlands)

    Michor, Lukas; Harms, Rainer; Schwarz, Erich; Breitenecker, Robert

    2010-01-01

    This article aims at analyzing configuration studies and their respective variable selection in the context of entrepreneurship and SMEs. New ventures as well as SMEs are both confronted with a high amount of dynamism and complexity. The configuration approach is well suited to capture that and

  3. Expert status and performance.

    Directory of Open Access Journals (Sweden)

    Mark A Burgman

    Full Text Available Expert judgements are essential when time and resources are stretched or we face novel dilemmas requiring fast solutions. Good advice can save lives and large sums of money. Typically, experts are defined by their qualifications, track record and experience. The social expectation hypothesis argues that more highly regarded and more experienced experts will give better advice. We asked experts to predict how they will perform, and how their peers will perform, on sets of questions. The results indicate that the way experts regard each other is consistent, but unfortunately, ranks are a poor guide to actual performance. Expert advice will be more accurate if technical decisions routinely use broadly-defined expert groups, structured question protocols and feedback.

  4. Potential applications of medium-sized, superconducting magnetic energy storage devices (SMES) in Germany; Einsatzmoeglichkeiten fuer mittelgrosse supraleitende magnetische Energiespeicher (SMES) in Deutschland

    Energy Technology Data Exchange (ETDEWEB)

    Prescher, K; Nick, W; Vollmar, H E; Kleinmaier, M; Radtke, U

    1995-05-01

    The paper addresses economic aspects of applying SMES instead of conventional methods in the electricity supply sector in Germany. Compared to the process of throttling of turbine valves hitherto used in steam power plants, the use of SMES will bring about advantages such as fuel savings, reduced emission, and improved utilisation of the existing power plant park in Germany. The paper presents a feasibility and cost study of a specified application of SMES. (orig.) [Deutsch] Praesentiert werden wirtschaftliche Beurteilungen, supraleitende Energiespeicher statt konventioneller Methoden in der elektrischen Energieversorgung in Deutschland einzusetzen. Anstelle der heute vorherrschenden Androsselung der Turbinenventile in Dampfkraftwerken sind bei Ersatz durch SMES Brennstoffeinsparungen, Emissionsminderungen und eine hoehere Ausnutzung des bestehenden Kraftwerksparks zu erwarten. Ein konkreter Anwendungsfall wird bezueglich technischer Machbarkeit und Kosten detaillierter untersucht. (orig.)

  5. Identification of determinants for globalization of SMEs using multi-layer perceptron neural networks

    International Nuclear Information System (INIS)

    Draz, U.; Jahanzaib, M.; Asghar, G.

    2016-01-01

    SMEs (Small and Medium Sized Enterprises) sector is facing problems relating to implementation of international quality standards. These SMEs need to identify factors affecting business success abroad for intelligent allocation of resources to the process of internationalization. In this paper, MLP NN (Multi-Layer Perceptron Neural Network) has been used for identifying relative importance of key variables related to firm basics, manufacturing, quality inspection labs and level of education in determining the exporting status of Pakistani SMEs. A survey has been conducted for scoring out the pertinent variables in SMEs and coded in MLP NNs. It is found that firm registered with OEM (Original Equipment Manufacturer) and size of firm are the most important in determining exporting status of SMEs followed by other variables. For internationalization, the results aid policy makers in formulating strategies. (author)

  6. Development of SMES for power system control: present status and perspective

    International Nuclear Information System (INIS)

    Ohsaki, H.; Taniguchi, S.; Nagaya, S.; Akita, S.; Koso, S.; Tatsuta, M.

    2004-01-01

    A present Japanese national project for SMES development focuses on the development of cost reduction technologies for a small-scale SMES for power system control. Optimal SMES system concepts were developed for power system stabilization and for load fluctuation compensation or frequency regulation. Performance of the designed superconductors was analyzed through fabrication and tests of short sample superconductors. Then, two kinds of model coil systems were manufactured and tested for evaluation of the design concepts and cost reduction technology developments. A multi-pole solenoid coil set as a model coil system for load fluctuation compensation SMES was successfully tested, for example, in 10 000-pulse iterative charge-discharge operations. In addition, application of high-T C superconductors to SMES has been studied for further cost reduction, more reliable operation, etc

  7. Assessing ERP SAP implementation in the small and medium enterprises (SMEs) in Indonesia

    Science.gov (United States)

    Yohannes; Gunawan, W.; Ikhsan, R. B.; Aries

    2018-03-01

    The consistent growth of Indonesian SMEs has received attention of global IT vendors. One of major ERP player in Indonesian market such as SAP, has introduced ERP solutions for SMEs through SAP Business One. Due to its fast growth, unfortunately, there are still very few articles can be found to understand the ERP implementation in Indonesian SMEs. The article addressed the common factors that affect the successful of the ERP implementation at SMEs. They are: identifying vendor quality, opening balance data migration, and A-SAP methodology. The article applied case study method to examine the fast growth companies owned by same owners, such as: GRK, MMM, and KM25; with the objectives to identify the practical pattern of ERP implementation in SMEs that will be useful for SAP project manager and consultants.

  8. A model of success: (creation of a culture of friendly innovation generation for german SMEs

    Directory of Open Access Journals (Sweden)

    Gordon Lemme

    2013-11-01

    Full Text Available In the course of the demographic development in Germany, the ratio of elderly workers grows compared to the share of young qualified employees. As a consequence, professional shortages are an increasingly growing problem. Hence, it is more and more important, especially for German small and medium-sized enterprises (SMEs, to develop strategies in order to handle this demographic change. Skilled employees have a major impact on the development of innovations particularly in SMEs. Their closely customer-corporate relationship in combination with a high number of SMEs in Germany forces them to be innovative in order to stand out from the crowd. Due to identified deficits regarding an appropriate human resources management as well as a structured innovation process management within SMEs, the German Federal Ministry of Labour and Social Affairs is funding several research projects to support SMEs by using a set of manifold instruments with the aim to solve the stated problems. The presented research project, called generIK (setting up generation equitable innovation cultures within SMEs, aims to sensitize SMEs and business leaders to build up such a generation friendly innovation culture as part of a holistic corporate culture. Instead of the age of an employee it is his/her personal attitude to the work which decisively influences the engagement to improve products, what finally can lead to the realization of innovations. As further research results, the scientists developed several analysis-methods among them an instrument to conduct a company-specific self-validation for SMEs. To strengthen the market position of SMEs in times of the demographic change which should be accompanied by a rise of employee and customer satisfaction, the output of our project has to be disseminated to the SMEs and especially to the business leaders.  

  9. 16 CFR 255.3 - Expert endorsements.

    Science.gov (United States)

    2010-01-01

    ... packaging -is neither relevant nor available to consumers, and the basis for the hospital's decision is not..., take into account factors not within his or her expertise (e.g., matters of taste or price), the... characteristics with respect to which he or she is expert and which are relevant to an ordinary consumer's use of...

  10. Framework for Designing The Assessment Models of Readiness SMEs to Adopt Indonesian National Standard (SNI), Case Study: SMEs Batik in Surakarta

    Science.gov (United States)

    Fahma, Fakhrina; Zakaria, Roni; Fajar Gumilang, Royan

    2018-03-01

    Since the ASEAN Economic Community (AEC) is released, the opportunity to expand market share has become very open, but the level of competition is also very high. Standardization is believed to be an important factor in seizing opportunities in the AEC’s era and other free trade agreements in the future. Standardization activities in industry can be proven by obtaining certification of SNI (Indonesian National Standard). This is a challenge for SMEs, considering that currently only 20% of SMEs had SNI certification both product and process. This research will be designed a model of readiness assessment to obtain SNI certification for SMEs. The stages of model development used an innovative approach by Roger (2003). Variables that affect the readiness of SMEs are obtained from product certification requirements established by BSN (National Standardization Agency) and LSPro (Certification body). This model will be used for mapping the readiness for SNI certification of SMEs’product. The level of readiness of SMEs is determined by the percentage of compliance with those requirements. Based on the result of this study, the five variables are determined as main aspects to assess SME readiness. For model validation, trials were conducted on Batik SMEs in Laweyan Surakarta.

  11. Exploring Leadership in E-commerce Adoption in Australian SMEs

    DEFF Research Database (Denmark)

    Scupola, Ada

    2010-01-01

    This chapter presents the results of a study investigating leadership and leadership styles in e-commerce adoption in small and medium size enterprises in Australia. The results show that top management and CEO' leadership have a key role in small and medium size enterprises (SMEs) in developing...... a vision for e-commerce adoption and that the dominant leadership style is directive with some signs of consultative. Furthermore the study shows that e-commerce adoption is becoming a strategic process and in this process top management is taking into consideration both the organizational knowledge...

  12. Communication Standards Suitable for MES Systems Designed for SMES

    Directory of Open Access Journals (Sweden)

    Ondřej WINKLER

    2009-06-01

    Full Text Available A MES (Manufacturing Execution System is a system that large companies use to measure or control critical production activities. Individual parts of this system can be used as a model for development of tools suitable for small and medium enterprises (SMEs. It can demonstrate how manufacturing systems works and which communication standards are usable. The communication standards enable data acquisition, data processing, storing and their conversion for any production report. Furthermore, interfaces for web clients allow displaying the raw or transformed data as a text or a graphic chart. The development of tools for an access to the data retrieved from MES software is described in this paper.

  13. 30-MJ SMES system operating experience: November 1982-June 1983

    International Nuclear Information System (INIS)

    Schermer, R.I.

    1983-01-01

    This paper describes performance measurements on the dewar, coil, and cryogenic system for the 30-MJ superconducting magnetic energy storage (SMES) unit that has recently been tested at a Bonneville Power Administration substation in Tacoma, Washington. The cryostat, the world's largest fiber-reinforced plastic, open-mouthed dewar, boils off 12 l/h in accordance with previous calculations. Cyclic losses in the coil, 54 W for +-8.4-MW modulation at 1 Hz, are approximately 50% greater than calculated. Refrigerator capacity is adequate to handle the heat produced by the average modulation demand on the coil

  14. Knowledge, Innovation and Performance in SMEs: a new Methodology

    OpenAIRE

    Farace, Salvatore

    2015-01-01

    2013-2014 The role of innovation in SMEs is strategic in shaping the ability of the firm to compete; innovation depends on on the firms’ ability to identify, assimilate and exploit knowledge from all around. Generally, an important source of knowledge is the R&D because it helps the firm in developing an absorptive capacity (Cohen, Levinthal, 1989) and also it is a strategic input of the path to innovation. If the firm is too small to afford R&D expenses this important sourc...

  15. Glass ceiling in SMEs? Women, managerialization and performance

    OpenAIRE

    L. Songini; L. Gnan

    2012-01-01

    This article analyses the role of women in a sample of Italian small and medium sized enterprises (SMEs), both non-family and family owned businesses. We assume that the existence of a glass ceiling implies that women are not in a position to exercise an active role in the company; ownership per se does not assure the elimination of the glass ceiling, while the broader involvement of women in governance and management roles, as we may suppose in family firms, may represent a better situation ...

  16. Using Poka -Yoke for the Development of SMEs

    OpenAIRE

    Mr. Sujay Biswas; Dr. Abhijit Chakraborty

    2016-01-01

    This paper represents the utilization of Poka – Yoke for the development of SMEs. The concept of Poka – Yoke was first coined by Japanese people to avoid unintentional mistake in the manufacturing enterprises. The aim of Poka-Yoke in the practical examples is to eliminate or minimize human error in manufacturing process and management as a result of mental and physical human imperfections.It is a total quality management tool which is related to restricting errors at source itself.By using th...

  17. Stakeholder Pressures, Environmental Impact and Managerial Initiatives of SMEs

    DEFF Research Database (Denmark)

    Madsen, Henning; Ulhøi, John Parm

    2015-01-01

    impact was available in Denmark. Consequently, a longitudinal research project was initiated to enlighten the situation. This study investigates environmentally related initiatives taken in response to the perception of stakeholder pressures and the perceived corporate environmental impact. The empirical......Environmental sustainability has become an issue of uttermost importance for business organisations. Therefore, the implementation of corporate environmental initiatives has been vigorously embraced by industry. Two decades ago, no clear picture of industry initiatives to reduce their environmental...... popularity of self-regulation, voluntary initiatives do not tend to be widely adopted by SMEs, stressing a need for a continuing regulation of industry’s behaviour in relation to environmental issues....

  18. What do Basel Capital Accords mean for SMEs?

    OpenAIRE

    Trujillo Ponce, Antonio; Briozzo, Anahí; Cardone Riportella, Clara

    2011-01-01

    This paper analyses the impact of the new Basel Capital Accords (Basel II and Basel III) on the bank’s capital requirements in a portfolio of Small and Medium-sized Enterprises (SMEs) when the internal ratings-based (IRB) approach is used. To do this, the study uses a large database of Spanish firms and covers the period from 2005 to 2009. We also examine the effect on the credit risk premium charged by banks of the guarantee offered by a Loan Guarantee Association (LGA) to a SME; and whether...

  19. Comparative study of SMES in Dubai and south Korea

    OpenAIRE

    Park, Jewan

    2017-01-01

    Gulf Cooperation Council (GCC) countries have enjoyed large amounts of oil revenues for their development and prosperity over past fifty years or so. However, since the dramatic drop in oil prices in 2014, all the GCC countries are facing serious challenges in this regard. Dubai is one of the least dependent states in the UAE in terms of oil revenues and is the first state in the GCC to focus on SMEs. However, its economic activities are still, in many ways, related to oil activities and basi...

  20. An optimization of robust SMES with specified structure H∞ controller for power system stabilization considering superconducting magnetic coil size

    International Nuclear Information System (INIS)

    Ngamroo, Issarachai

    2011-01-01

    Even the superconducting magnetic energy storage (SMES) is the smart stabilizing device in electric power systems, the installation cost of SMES is very high. Especially, the superconducting magnetic coil size which is the critical part of SMES, must be well designed. On the contrary, various system operating conditions result in system uncertainties. The power controller of SMES designed without taking such uncertainties into account, may fail to stabilize the system. By considering both coil size and system uncertainties, this paper copes with the optimization of robust SMES controller. No need of exact mathematic equations, the normalized coprime factorization is applied to model system uncertainties. Based on the normalized integral square error index of inter-area rotor angle difference and specified structured H ∞ loop shaping optimization, the robust SMES controller with the smallest coil size, can be achieved by the genetic algorithm. The robustness of the proposed SMES with the smallest coil size can be confirmed by simulation study.

  1. Application of expert systems

    Energy Technology Data Exchange (ETDEWEB)

    Basden, A

    1983-11-01

    This article seeks to bring together a number of issues relevant to the application of expert systems by discussing their advantages and limitations, their roles and benefits, and the influence that real-life applications might have on the design of expert systems software. Part of the expert systems strategy of one major chemical company is outlined. Because it was in constructing one particular expert system that many of these issues became important this system is described briefly at the start of the paper and used to illustrate much of the later discussion. It is of the plausible-inference type and has application in the field of materials engineering. 22 references.

  2. Being an expert

    International Nuclear Information System (INIS)

    Brechet, Y.; Musseau, O.; Bruna, G.; Sperandio, M.; Roulleaux-Dugage, M.; Andrieux, S.; Metteau, L.

    2014-01-01

    This series of short articles are dedicated to the role of the expert in the enterprise. There is an important difference between a scientific counsellor and an expert, the expert, recognized by his peers, can speak publicly in his field of expertise but has a duty of transparency while the job of a scientific counsellor requires confidentiality. The making and the use of an expert in an enterprise requires a dedicated organization. The organization of the expertise in 5 enterprises in nuclear industry are considered: CEA (French Alternative Energies and Atomic Energy Commission), IRSN (Institute of Radioprotection and Nuclear Safety), AREVA, ANDRA (National Radioactive Waste Management Agency) and EDF (Electricity of France)

  3. Case Studies of E-commerce Adoption in Indonesian SMEs: The Evaluation of Strategic Use

    Directory of Open Access Journals (Sweden)

    Mira Kartiwi

    2006-11-01

    Full Text Available The use of e-commerce in small medium-sized enterprises (SMEs has become an important topic in information systems research. At present, there is a large number of well-documented benefits derived from e-commerce for small-medium enterprises (SMEs both in theoretical and practical literature. Despite the enormous attention given to encourage SMEs to adopt e-commerce both by academics as well as governments, little research has been carried out in identifying strategies of e-commerce adoption for SMEs in developing countries, especially Indonesia. It is, therefore, the aim of this paper to understand the factors and combinations of factors that SMEs need to be considered before embracing e-commerce into their business by providing a closer look at actual experience of Indonesian SMEs. Case study research was carried out to analyse and explain the underlying factors that are likely to determine the varying extent of e-commerce adoption in SMEs, especially the service sector. The findings of the case studies have further extended into the development of proposed practical framework to illustrate how e-commerce adoption should be carried out from a strategic perspective.

  4. Moving from Evaluation to Trial: How do SMEs Start Adopting Cloud ERP?

    Directory of Open Access Journals (Sweden)

    Siti Aisyah Salim

    2015-10-01

    Full Text Available The advent of cloud technology involving low subscription overheads cost has provided small and medium-sized enterprises (SMEs with the opportunity to adopt new cloud-based corporate-wide systems (i.e., cloud ERP. This technology, operating through subscription-based services, has now provided SMEs with a complete range of IT applications that were once restricted to larger organisations. As anecdotal evidences suggest, SMEs are increasingly adopting cloud-based ERP software. The selection of an ERP is a complex process involving multiple stages and stakeholders, suggesting the importance of closer examination of cloud ERP adoption in SMEs. Yet, prior studies have predominantly treated technology adoption as a single activity and largely ignored the issue of ERP adoption in SMEs. Understanding of the process nature of the adoption and the factors that are important in each stage of the adoption potentially may result in guiding SMEs to make well-informed decisions throughout the ERP selection process. Thus, our study proposes that the adoption of cloud ERP should be examined as a multi-stage process. Using the Theory of Planned Behaviour (TPB and Ettlie’s adoption stages, as well as employing data gathered from 162 owners of SMEs, our findings show that the factors that influence the intention to adopt cloud ERP vary significantly across adoptive stages.

  5. A study on the operation analysis of the power conditioning system with real HTS SMES coil

    International Nuclear Information System (INIS)

    Kim, A.R.; Jung, H.Y.; Kim, J.H.; Ali, Mohd. Hasan; Park, M.; Yu, I.K.; Kim, H.J.; Kim, S.H.; Seong, K.C.

    2008-01-01

    Voltage sag from sudden increasing loads is one of the major problems in the utility network. In order to compensate the voltage sag problem, power compensation devices have widely been developed. In the case of voltage sag, it needs an energy source to overcome the energy caused by voltage sag. According as the SMES device is characterized by its very high response time of charge and discharge, it has widely been researched and developed for more than 20 years. However, before the installation of SMES into utility, the system analysis has to be carried out with a certain simulation tool. This paper presents a real-time simulation algorithm for the SMES system by using the miniaturized SMES model coil whose properties are same as those of real size SMES coil. With this method, researchers can easily analyse the performance of SMES connected into utility network by abstracting the properties from the real modeled SMES coil and using the virtual simulated power network in RSCAD/RTDS

  6. The Spread of Knowledge Management in SMEs: A Scenario in Evolution

    Directory of Open Access Journals (Sweden)

    Roberto Cerchione

    2015-07-01

    Full Text Available This paper deals with knowledge management (KM in small and medium enterprises (SMEs. Through a literature review, three research questions have been identified concerning the barriers hindering the spread of KM practices in SMEs, the main knowledge management systems (KMSs adopted by SMEs and the impact of the use of KM practices on SME performance. The research questions were subsequently addressed through a field analysis conducted on a sample of SMEs. The empirical evidence highlights that the scenario has changed in the space of but a few years. Although SMEs are generally characterized by poor financial and human resources, they are able to overcome the barriers preventing the spread of KM practices. The SMEs investigated perceive the strategic value of KM and consequently adopt a variety of KMSs. Nevertheless, such systems are generally outdated in comparison with cheaper, more recent, and user-friendly applications. Finally, the paper emphasizes that the use of KM practices can contribute to the overall growth of SMEs by simultaneously and significantly enhancing their performance.

  7. FACTORS INFLUENCING E-COMMERCE ADOPTION BY SMES INDONESIA: A CONCEPTUAL MODEL

    Directory of Open Access Journals (Sweden)

    Evi Triandini

    2015-11-01

    Full Text Available E-commerce present different prospect to Small and Medium Sized Enterprises (SMEs andprovides benefits to SMEs. At this stage, there are a number of studies focused on SMEs indeveloped countries. For developing countries, the situation is quite different. Furthermore, thereis still limited number of researches on e-commerce adoption by SMEs in Indonesia. SMEs playa vital role in reducing the rate of poverty and unemployment in Indonesian economy. In 2009,micro, small and medium enterprises in Indonesia consist of 52.7 million units or 99.99% of thetotal business enterprises, and employ 96.21 million people or 97% of the total labor forces. SMEsin Indonesia faced internal and external problems. This study explores various factors influencinge-commerce adoption by SMEs in several countries and projecting it to Indonesia. Results showsthat there are a number of perceived opportunities presented by e-commerce adoption inIndonesia, i.e. extending market-reach and even global, increasing customer personalizeservices, and improving its competitiveness. Furthermore, this study also proposes six potentialfactors influenced the adoption of e-commerce by SMEs in Indonesia, i.e. perceived usefulness,perceived ease of use, relative advantage, perceived risk, perceived trust, and compatibility.

  8. FACTORS AFFECTING ACCESS TO FINANCE OF SMALL AND MEDIUM ENTERPRISES (SMEs OF BANGLADESH

    Directory of Open Access Journals (Sweden)

    Mohammed CHOWDHURY

    2017-12-01

    Full Text Available This study addresses the issues that impede SMEs of Bangladesh in obtaining finance from the financial institutions. To accomplish our goals we collected data from a sample of 86 SMEs to investigate the problems and suggest policy recommendations. We collected data by directly interviewing the respondents with the help of a questionnaire for self-guidance. We also used secondary data for this purpose. Findings revealed that the size and age of the firms, education and skills of the owners, and unfavorable credit terms such as high interest rates, lack of collateral security, corruption by bank officials etc. are some of the biggest hurdles that SMEs in Bangladesh face in getting loans from financial institutions. The limitation is that the study has included one city in its sample population. A nationwide study where there are SMEs in large numbers could lead to better results for this kind of study. The implication is that small businesses, as opposed to the larger ones, face funding obstacles and are discriminated by the financial institutions in granting loans. Built on current literatures and research on SMEs, specially in regard to their ability to access finance, this study captures the information relating to problems identified by SMEs in having access to finance and suggesting the ways and means needed for strengthening the SMEs access to finance for their expansion and growth.

  9. An empirical study on factors affecting e-commerce adoption among SMEs in west Malaysia

    Directory of Open Access Journals (Sweden)

    Seng Chee Lim

    2018-05-01

    Full Text Available Small and Medium Enterprises (SMEs play a major role in most developing countries because they are able to improve and develop the economy. e-Commerce is also an important topic in vari-ous research fields as it brings about benefits to these countries. However, the adoption of e-Commerce by SMEs in developing countries is low due to several factors. Therefore, a parsimony framework has been proposed to investigate the factors which influence the adoption of e-Commerce among SMEs in West Malaysia. Three factors are considered in this research, namely Perceived Barriers, Organization Readiness, and Competitor Pressures. Questionnaires were used for data collection while SmartPLS was used to analyze the data. The results showed that Perceived Barriers contain negative significant influence on the adoption of e-Commerce among medium-sized SMEs, but not for small-sized SMEs. Organization Readiness shows a huge difference between small and medium-sized SMEs. Competitor Pressures are important for both small and medium-sized SMEs. In conclusion, the results obtained will assist and enable stakeholders to restructure e-Commerce applications which fulfill the needs of their organization and therefore, increase the effectiveness of the organization.

  10. Factors influencing ERP implementation in Indian SMEs: An empirical analysis

    Directory of Open Access Journals (Sweden)

    Rana Basu

    2011-04-01

    Full Text Available Enterprise Resource Planning (ERP is essentially a commercial software package that enables the integration of transaction - oriented data and business processes throughout an organization. In order to remain competitive in this global business scenario, the small and medium scale enterprises (SMEs are opting for ERP implementation. In Indian SME sector, the adoption of ERP is rapidly increasing. Literature shows many instances where organizations, even after implementing such novel information systems like ERP, are unable to derive the benefits of integration. It is, therefore, not surprising that implementation of enterprise information systems in general is quite difficult due to their size, scope and complexity. Therefore, there is a need to identify some issues that would lead to positive outcome for the implementation of ERP systems in the context of Indian SME sector. This paper thus attempts to identify and to prioritize the factors influencing proper implementation of ERP systems in a business organization particularly for Indian small and medium businesses (SMBs. The research presented here is specifically targeted the Indian SMEs, which have already completed the process of implementing ERP system.

  11. AN INVESTIGATIVE STUDY REGARDING SMES SPECIFIC ACCOUNTING POLICIES

    Directory of Open Access Journals (Sweden)

    Mester Ioana Teodora

    2011-07-01

    Full Text Available In this paper we intend to continue the research regarding the enterprise accounting policies and the manner in which these are perceived by the practitioner accountants, preparers of financial statements. This time, in order to carry out the research, we made up a new questionnaire applied to the same sample, containing a number of 100 SMEs in Bihor County, selected according to the criterion of the average number of employees and that of the level of net turnover at the end of 2008. Continuing previous conducted research we have investigated this time the specific accounting policies of the sampled SMEs from Bihor County and the way these policies are understood by practitioners and implemented in order to prepare financial statements. Surprisingly, we have found that only 93.33% of the respondents agree that the elements presented in the annual financial statements of the entity are evaluated in accordance with the general accounting principles stipulated in Order 3055/2009, according to the accrual accounting. Half of the people interviewed had in view all four qualities of accounting information (intelligibility, relevance, credibility, comparability in drawing up the annual financial statements, and most of them (56.67% are not aware of the possibility to use a significance threshold (10%-15% of the total value of that particular category of assets, liabilities, expenditure, income and results for an as faithful as possible presentation of information in the balance sheet and in the profit and loss account.

  12. REPORTING OF CORPORATE SOCIAL RESPONSIBILITY IN SMES SECTOR IN POLAND

    Directory of Open Access Journals (Sweden)

    B. Kotowska

    2016-04-01

    Full Text Available In Poland and worldwide, corporate social responsibility has a growing interest of managers, business institutions, investors and the government. Thus, it becomes progressively determinant of corporate governance and priority in building a comprehensive development strategy. CSR is used by large companies. However, this does not mean that SMEs sector companies operate less responsible than large one. Each enterprise, regardless of size, operates in a specific social surroundings and market environment, which are affected by different groups of stakeholders. They may affect enterprise reinforcing effect on - contribute to its success or failure. It is therefore important that the managers should be able to identify social groups in the enterprise and its environment and respect their claims, needs, rights and expectations. The aim of this paper is to show the application of CSR by micro, small and medium-sized enterprises in Poland and the manner of result presentation. This article lists tools of corporate social responsibility, examples of practices and research results in the SMEs sector in Poland.

  13. Eco-Efficiency Actions and Firm Growth in European SMEs

    Directory of Open Access Journals (Sweden)

    Elisenda Jové-Llopis

    2018-01-01

    Full Text Available This study investigates the effects of eco-efficiency actions on firm performance in terms of sales growth in an extensive sample of 11,336 small- and medium-sized enterprises (SMEs located in 28 European countries. Our empirical results suggest that not all eco-strategies are positively related to better performance, at least not in the short term. We found that European companies using renewable energies, and recycling or designing products that are easier to maintain, repair, or reuse, perform better. Those that aim to reduce water or energy pollution, however, seemed to show a negative correlation to firm growth. Our results also indicate that high investment in eco-strategies improves firm growth, particularly in new members that joined the EU from 2004 onwards. Finally, we observed a U-shaped relationship between eco-strategies and firm growth, which indicates that a greater breadth of eco-strategies is associated with better firm performance. However, few European SMEs are able to either invest heavily or undertake multiple eco-strategies, thus leaving room for policy interventions.

  14. Factors determining early internationalization of entrepreneurial SMEs: Theoretical approach

    Directory of Open Access Journals (Sweden)

    Agne Matiusinaite

    2015-12-01

    Full Text Available Purpose – This study extends the scientific discussion of early internationalization of SMEs. The main purpose of this paper – to develop a theoretical framework to investigate factors determining early internationalization of international new ventures. Design/methodology/approach – The conceptual framework is built on the analysis and synthesis of scientific literature. Findings – This paper presents different factors, which determine early internationalization of international new ventures. These factors are divided to entrepreneurial, organizational and contextual factors. We argue that early internationalization of international new ventures is defined by entrepreneurial characteristics and previous experience of the entrepreneur, opportunities recognition and exploitation, risk tolerance, specific of the organization, involvement into networks and contextual factors. Study proved that only interaction between factors and categories has an effect for business development and successful implementation of early internationalization. Research limitations/implications – The research was conducted on the theoretical basis of scientific literature. The future studies could include a practical confirmation or denial of such allocation of factors. Originality/value – The originality of this study lies in the finding that factor itself has limited effect to early internationalization. Only the interoperability of categories and factors gives a positive impact on early internationalization of entrepreneurial SMEs.

  15. Innovation in European food SMEs: determinants and links between types

    Directory of Open Access Journals (Sweden)

    Francesca Minarelli

    2015-05-01

    Full Text Available The food sector has traditionally been considered one with the lowest research and development expenditure to value added ratio. In recent decades, however, the business environment has become more demanding in terms of technological inputs for reasons related to food safety, quality and also the globalisation of the food market. This provides a strong incentive to innovate, especially for small and medium-sized enterprises (SME seeking to remain in business.Most businesses operating in the food sector belong to the SME category which, based on the literature, tends to have a low level of research capacity.This study seeks to identify determinants of the types of innovation adopted and associations between them by analysing a sample of European food SMEs. For this purpose a non-parametric analysis, namely the classification tree technique, is carried out. The main finding is that due to the technological factors inherent in the food industry, a tight linkage exists between product, process and market innovation. Moreover, the study shows that collaboration between competitors encourages SMEs to engage in market, process and business model innovation. Conversely, synergy with suppliers and customers supports product innovation.

  16. Pareto optimal design of sectored toroidal superconducting magnet for SMES

    Science.gov (United States)

    Bhunia, Uttam; Saha, Subimal; Chakrabarti, Alok

    2014-10-01

    A novel multi-objective optimization design approach for sectored toroidal superconducting magnetic energy storage coil has been developed considering the practical engineering constraints. The objectives include the minimization of necessary superconductor length and torus overall size or volume, which determines a significant part of cost towards realization of SMES. The best trade-off between the necessary conductor length for winding and magnet overall size is achieved in the Pareto-optimal solutions, the compact magnet size leads to increase in required superconducting cable length or vice versa The final choice among Pareto optimal configurations can be done in relation to other issues such as AC loss during transient operation, stray magnetic field at outside the coil assembly, and available discharge period, which is not considered in the optimization process. The proposed design approach is adapted for a 4.5 MJ/1 MW SMES system using low temperature niobium-titanium based Rutherford type cable. Furthermore, the validity of the representative Pareto solutions is confirmed by finite-element analysis (FEA) with a reasonably acceptable accuracy.

  17. THE OPERATIONAL RISK MANAGEMENT IN THE ROMANIAN SMEs

    Directory of Open Access Journals (Sweden)

    Roxana Mironescu

    2015-07-01

    Full Text Available The prerequisite for the smooth functioning of the business risk management is the correct identification. Basically, identifying business risks is fundamental to determine the optimal level of protection for a given activity. If the risk is underestimated, the protection will be insufficient to cover losses and, if overstated, the cost of protection will reduce the excess proceeds of the activity. The objective of this research was to identify the internal and external major factors which influence the present activities and the future of the SMEs from the North East region The method used in this paper work is based on a questionnaire applied to a sample of 120 top managers coming from various fields of activity, operating on the market for more than two years. The management of information and the data collection was conducted in the late 2013. In the first stage, a total of 35 risks was identified. The further evaluation of the results used the probability and the impact of the identified risks, based on questionnaires and by processing information from the documentation provided by the managers of SMEs taken under the analysis.

  18. Systemic Competitiveness of SMEs in Mexico City, Mexico

    Directory of Open Access Journals (Sweden)

    Maria Luisa Saavedra García

    2015-07-01

    Full Text Available The objective of this work was to apply the model of systemic competitiveness, SMEs in Mexico City. Developing four levels of competitiveness: macro level (economic environment, meso level (regional environment, Level Goal (Environment Socioeconomic and micro Level (internal factors. Data collection was done through fieldwork and archival research. The main findings are among the major strengths of the economic environment: high level of gross domestic product, high labor productivity and fiscal autonomy, the main weaknesses: the unions and the unemployment rate; meanwhile stand between foreign investment opportunities between threats and insecurity, corruption and difficulty in business transactions. In the regional setting a positive and 1 perfect relationship between the number of economic units and per capita GDP was found. With regard to socio-cultural factors, presents lower levels of poverty and unemployment to the rest of the country. Finally, at the micro level, the competitiveness of SMEs is in direct relation to the size of the company and the industry sector shows higher competitiveness trade and services sectors.

  19. Simple Strategic Analysis Tools at SMEs in Ecuador

    Directory of Open Access Journals (Sweden)

    Diego H. Álvarez Peralta

    2015-06-01

    Full Text Available This article explores the possible applications of Strategic Analysis Tools (SAT in SMEs located in emerging countries such as Ecuador (where there are no formal studies on the subject. It is intended to analyze if whether or not it is feasible to effectively apply a set of proposed tools to guide mental map decisions of executives when decisions on strategy have to be made. Through an in-depth review of the state of the art in regards to SAT and interviews performed to main participants such as chambers and executives of different firms, it is shown the feasibility of their application. This analysis is complemented with specialists´ interviews to deepen our insights and obtaining valid conclusions. Our conclusion is that SMEs can smoothly develop and apply an appropriate set of SAT when opting for very relevant choices. However, there are some inconveniences to be solved which are connected with resources (such as peoples’ abilities and technology and behavioral (cultural factors and methodological processes.Once these barriers are knocked down, it would be more likely to enrich current approaches to make strategic decisions even more effective. This is a qualitative investigation and the research design is not experimental (among them it is transversal as it relates to a specific moment in time.

  20. Unfulfilled loan demand among agro SMEs in Namibia

    Directory of Open Access Journals (Sweden)

    Elina Amadhila

    2016-05-01

    Full Text Available Using a qualitative methodology approach, a case study research design by way of in-depth semi-structured interview(s was followed to interview farmers, commercial banks, development banks, venture capitals and private equities to determine the financing options available for farmers and provide reasons why some financial institutions shy away from providing finance to agricultural enterprises. This study deviates from prior studies which have focused on small-scale farmers and subjected farmers’ access to finance to rural credit markets, mostly informal money lenders using secondary information mostly from household surveys to build econometric models. The study indicates that only about 33 percent of formal financial institutions are providing finance to agricultural SMEs. The lack of expertise and perception of risk were cited as top reasons why formal financial institutions find it hard to provide finance to agricultural SMEs. Building on opinions from other authors cited in this paper, we maintain that new financing mechanisms can be achieved by all types of financial institutions through learning from experiences by other successful countries.

  1. Expert system aids transport regulation users

    International Nuclear Information System (INIS)

    Cheshire, R.D.; Straw, R.J.

    1990-01-01

    During late 1984 the IAEA Regulations were identified as an area of application for an expert system adviser which could offer many advantages. Over the following year some simple tests were carried out to examine its feasibility, but TRANAID did not get underway until 1986 when British Nuclear Fuels (BNFL) Corporate Management services were engaged on the product. By this time a greater choice of suitable software, in the form of expert system shells, had become available. After a number of trial systems the shell Leonardo was finally adopted for the final system. In order for TRANAID to emulate the expert it was necessary to spend time extracting and documenting the expert knowledge. This was a matter of investigating how the regulations are used and was achieved by a series of meetings including opportunity for the computer specialists to interview the regulations experts. There are several benefits in having an expert system advisor in this area. It is useful to both experienced and inexperienced users of regulations. For those who are learning to use the regulations it is an excellent training aid. For those who know the regulations but use them infrequently it can save time and provide a valuable reassurance. The adviser has enabled the expert user's know how to be captured and to be made widely available to those with less experience. (author)

  2. Computer Based Expert Systems.

    Science.gov (United States)

    Parry, James D.; Ferrara, Joseph M.

    1985-01-01

    Claims knowledge-based expert computer systems can meet needs of rural schools for affordable expert advice and support and will play an important role in the future of rural education. Describes potential applications in prediction, interpretation, diagnosis, remediation, planning, monitoring, and instruction. (NEC)

  3. Real time expert systems

    International Nuclear Information System (INIS)

    Asami, Tohru; Hashimoto, Kazuo; Yamamoto, Seiichi

    1992-01-01

    Recently, aiming at the application to the plant control for nuclear reactors and traffic and communication control, the research and the practical use of the expert system suitable to real time processing have become conspicuous. In this report, the condition for the required function to control the object that dynamically changes within a limited time is presented, and the technical difference between the real time expert system developed so as to satisfy it and the expert system of conventional type is explained with the actual examples and from theoretical aspect. The expert system of conventional type has the technical base in the problem-solving equipment originating in STRIPS. The real time expert system is applied to the fields accompanied by surveillance and control, to which conventional expert system is hard to be applied. The requirement for the real time expert system, the example of the real time expert system, and as the techniques of realizing real time processing, the realization of interruption processing, dispersion processing, and the mechanism of maintaining the consistency of knowledge are explained. (K.I.)

  4. Expert systems: An overview

    International Nuclear Information System (INIS)

    Verdejo, F.

    1985-01-01

    The purpose of this article is to introduce readers to the basic principles of rule-based expert systems. Four topics are discussed in subsequent sections: (1) Definition; (2) Structure of an expert system; (3) State of the art and (4) Impact and future research. (orig.)

  5. Trendwatch combining expert opinion

    NARCIS (Netherlands)

    Hendrix, E.M.T.; Kornelis, M.; Pegge, S.M.; Galen, van M.A.

    2006-01-01

    In this study, focus is on a systematic way to detect future changes in trends that may effect the dynamics in the agro-food sector, and on the combination of opinions of experts. For the combination of expert opinions, the usefulness of multilevel models is investigated. Bayesian data analysis is

  6. Supplement to a Methodology for Succession Planning for Technical Experts

    Energy Technology Data Exchange (ETDEWEB)

    Kirk, Bernadette Lugue [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Cain, Ronald A. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Agreda, Carla L. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2017-11-01

    This report complements A Methodology for Succession Planning for Technical Experts (Ron Cain, Shaheen Dewji, Carla Agreda, Bernadette Kirk, July 2017), which describes a draft methodology for identifying and evaluating the loss of key technical skills at nuclear operations facilities. This report targets the methodology for identifying critical skills, and the methodology is tested through interviews with selected subject matter experts.

  7. IDENTIFYING PRODUCT AND PRICE STRATEGIES FOR DESIGNING TRANSACTIONAL BANKING PACKAGES ADDRESSED TO SMES (CONSIDERATIONS

    Directory of Open Access Journals (Sweden)

    Giuca Simona-Mihaela

    2014-07-01

    Full Text Available The current paper has the aim to provide guidelines for designing efficient product and price strategies, through proposed business cases which could be used especially for banking products addressed to SMEs. While identifying the optimal product and price strategy and designing the product catalogue structure, the marketing specialist should definitely consider existing portfolio behaviour and estimate the growing potential (if possible, overall portfolio, with focus on accurately defining the additional impact of the newly proposed product/ products. A business case contains estimations for results to be generated by products to be launched or optimized. This paper presents complex schemes for business case scenarios for migration of existing portfolio to the new products, but also considers new clients acquisition based on important features of the products. The pricing strategy is not a simple task to manage. Especially when speaking about transactional packages (for which the price is lower than separate services included, some segments or clusters may generate loss to the bank if they already used the services at a higher price than the one of the package. Therefore, the decision of setting up specific prices needs to be based on an accurate and complex analysis, as presented in current paper. The assumptions used in a business case need to be relevant for the entire process of designing and launching a product, therefore they can always be adjusted for better calculation of the impact. No matter if the assumptions and prices remain as in the initial proposal or not, the steps to be followed are the same. Segmentation also plays an important role in designing the product strategy, since the target for a product or product catalogue can be represented by a segment, a sub segment or a cluster of many segments. Not always the initial segmentation represents the clustering for the product strategy. Sometimes, behaviour of existing clients

  8. Industry Differentiation in the Innovation-Exporting Business Models of SMEs

    DEFF Research Database (Denmark)

    Child, John; Hsieh, Linda; Elbanna, Said

    . This paper addresses these two research gaps by investigating whether there is a systematic variation in the specifics of the innovation-exporting business models adopted by SMEs according to their industry membership. The sample of 180 firms includes an equal number of SMEs actively engaged in exporting...... and located in the clothing, software and biotechnology industries across six economies. The results indicate that SMEs in each industry follow distinctive business models with respect to innovation and exporting. It is concluded that industry is an institutionalized socio-technical system of considerable...

  9. A strategic framework to utilise venture capital funding to develop manufacturing SMES in South Africa

    Directory of Open Access Journals (Sweden)

    Snyman, Hendrik Andries

    2014-08-01

    Full Text Available SMEs contribute considerably to the national GDP and to private sector employment, but they struggle to gain access to the funding needed to support business sustainability and growth. Venture capital provides the necessary funding, but SMEs lack understanding of the business value curve utilised by financiers to gauge the risk-reward characteristics of an investment. Strategies need to convey how the business model will evolve in order to deliver on the strategic intent. A framework is proposed through which SMEs can develop a strategy aligned with investor requirements. As a case study, the framework is applied to the local tooling sector.

  10. Measuring Administrative Burdens of e-Government Services for Rural SMEs

    Science.gov (United States)

    Costopoulou, Constantina; Ntaliani, Maria

    Administrative burdens comprise the second most important individual business constraint for SMEs. In this context, the Rural Inclusion project aims at reducing rural SMEs' administrative burdens related to particular public services. For succeeding this, it adopts, adapts, and deploys a Web infrastructure combining semantic services with a collaborative training and networking approach in five European rural regions. The paper presents the preliminary results of the initial phases of the project regarding the measurement of administrative burdens of SMEs in a specific rural region related to the service "Starting a new business".

  11. Analysis of eddy current losses during discharging period in a 600 kJ SMES

    International Nuclear Information System (INIS)

    Park, M.J.; Kwak, S.Y.; Lee, S.Y.; Kim, W.S.; Lee, J.K.; Park, C.; Choi, K.; Bae, J.H.; Kim, S.H.; Sim, K.D.; Seong, K.C.; Jung, H.K.; Hahn, S.

    2008-01-01

    The operation of the SMES system can be divided into three modes such as charging, operating and discharging. During the charging and the discharging modes, a magnetic field variation due to the current increase and decrease generate eddy current losses in the SMES system. The eddy current loss in discharging mode is the major factor to be considered because the operating time in the mode is fixed, whereas the charging mode has the arbitrary operating time which is not fixed. In this paper, we present the analysis results of the eddy current losses which are generated in the 600 kJ class HTS SMES system during the discharging mode

  12. SMEs capital structure determinants during severe economic crisis: The case of Greece

    Directory of Open Access Journals (Sweden)

    D. Balios

    2016-12-01

    Full Text Available The objective of this paper was to explore whether and how the main capital structure determinants of SMEs affected capital structure determination in different ways during the years of economic crisis. We used panel data of 8,052 SMEs operating in Greece during 2009–2012. We found that the effect of capital structure determinants on leverage does not change in an environment of economic crisis; larger SMEs continued to show higher debt ratios, the relationship between profitability and tangibility of assets with leverage continued to be negative, and growth was positively related to leverage.

  13. Research on Upgrade Path to Technology Innovation of Resource-based SMEs in China

    Science.gov (United States)

    Jie, Xu

    2017-08-01

    Complexity, diversity and coordination are features of technology innovation of resource-based SMEs in China. This paper studies on the key factors of macro-environment, cooperation among enterprises and enterprise interior, which influence the upgrading of technology innovation of resource-based SMEs in China. This paper constructs integrated system of technology innovation to analyse the upgrade path to technology innovation of resource-based SMEs in China, so that enterprises would improve their technology innovation and get a new way to accomplish sustainable innovated development.

  14. Conceptual and Technical Study Regarding Future Accounting Regulation for SMEs in Europe

    Directory of Open Access Journals (Sweden)

    Adela Deaconu

    2009-01-01

    Full Text Available The economic theories and the accounting regulations deriving from them should be reconsidered for SMEs. At global level, there are accomplishments in this respect – IASB IFRS for SMEs – or intentions – European Commission proposals for certain simplifications of the European directives. However, for these actions to be successful, further investigations concerning the theoretical and technical implications are necessary. In this study, we present our opinion concerning the theoretic influences (reconsideration of the conceptual framework and the technical influences (change in the disclosure requirements and change in the content of the standards, namely recognition and valuation implied by a standard for SMEs.

  15. THE CONTRIBUTION OF SMES TO JOB CREATION AND ADDED VALUE IN THE ROMANIAN ECONOMY. THE ROLE OF ENTREPRENEURSHIP EDUCATION

    Directory of Open Access Journals (Sweden)

    Ştefăniţă Şuşu

    2015-12-01

    Full Text Available Micro, small and medium enterprises (SMEs play a crucial role in the European economy, representing a major source of entrepreneurial skills, innovationand job creation. The values of the main indicators of SMEs in the year 2013, the aggregate in the European Union, give a suggestive image of the contribution of SMEs in the Europeaneconomy, namely 99% of all enterprises in the EU are SMEs, 66% of employees are employed in SMEs, 58% of the value added generated in the economy is achieved by SMEs. However, SMEs are often confronted with market imperfections, often having difficulties in obtaining financing or crediting, especially in the phaseof newly established SMEs (start-up. Limited financial resources may also hamper access to new technologies, investment and innovation. Therefore, support for SMEs is one of the priorities ofthe European Commission for growth, creating jobs and economic and social cohesion.Regarding Romania, it is the eighth country in the EU, with a great number of employees inSMEs and with a contribution of 3% to the total workforce in the EU-28 SME sector. We are not better at the chapter of the added value achieved in the SME sector, ranking 17thin the European Union, with a 0.7% contribution to total value added in the EU-28, in front of Greece (0.93% and before Hungary (0.68%, countries with a higher number of SMEs. The disparity report between the share of added value and the potential ofRomania's demographic development reflects the large gap between the productivity and the competitiveness of Romanian SMEs. The example of other countries, such as Austria and Belgium, shows a greater contribution to value added (3.1% and 2.8% compared with 2% share of the total number of employees in the aggregate European SMEs, which demonstrates a higher level of productivity. Also, this is true for the strongest European economies, such as Germany, France and Britain.

  16. Expert Panel Elicitation

    Energy Technology Data Exchange (ETDEWEB)

    Jensen, M. [Swedish Radiation Protection Authority, Stockholm (Sweden). Dept. of Waste Management and Environmental Protection; Hora, S.C. [Univ. of Hawaii, Hilo, HI (United States)

    2005-09-15

    Scientists are now frequently in a situation where data cannot be easily assessed, since they may have conflicting or uncertain sources. While expert judgment reflects private choices, it is possible both reduce the personal aspect as well as in crease confidence in the judgments by using formal protocols for choice and elicitation of experts. A full-scale elicitation made on seismicity following glaciation, now in its late phase and presented here in a preliminary form, illustrates the value of the technique and some essential issues in connection with the decision to launch such a project. The results show an unusual low variation between the experts.

  17. Experts on public trial

    DEFF Research Database (Denmark)

    Blok, Anders

    2007-01-01

    a case study of the May 2003 Danish consensus conference on environmental economics as a policy tool, the article reflects on the politics of expert authority permeating practices of public participation. Adopting concepts from the sociology of scientific knowledge (SSK), the conference is seen......-than-successful defense in the citizen perspective. Further, consensus conferences are viewed alternatively as "expert dissent conferences," serving to disclose a multiplicity of expert commitments. From this perspective, some challenges for democratizing expertise through future exercises in public participation...

  18. Market Orientation and Sources of Knowledge to Innovate in SMEs: A Firm Level Study

    Directory of Open Access Journals (Sweden)

    Simone Regina Didonet

    2016-10-01

    Full Text Available This work examines the relationship between the three market orientation (MO components, i.e. customer orientation, competitor orientation and inter-functional coordination, and the extension to which small and medium-sized enterprises (SMEs use different sources of knowledge to innovate. Based on a sample of 181 Chilean SMEs, a confirmatory factorial analysis (CFA was performed to analyze the relationship among constructs. The results show that the extension to which SMEs use different sources of knowledge to innovate depends on the interactions between MO components. This study addresses a gap in the literature, by linking and interrelating market orientation components to the innovation perspective in SMEs. Therefore, we provide insights into the role of each MO component in influencing the extension to which firms seek for and use different sources of knowledge to innovate and attempt to explain some literature inconsistencies on the theme.

  19. The Growth Challenge of Western SMES in Emerging Markets: An Exploratory Framework and Policy Implications

    Directory of Open Access Journals (Sweden)

    Mitja Ruzzier

    2017-09-01

    Full Text Available In this paper, we explore the main inhibiting factors associated with the process of entry and escalation of SMES in international markets, with a focus on Emerging Markets. We identify and propose seven main categories of Institutional Voids and three main types of resources that may critically determine SMES’ performances on EMS, namely, internationalization knowledge, social capital resources and marketing capabilities. Institutional Voids and resources are brought together within a conceptual framework suggesting that resource-scarce SMES will hold back in their attempts to commit further to Emerging Markets and will be further dissuaded the higher the Institutional Voids in the market. The paper contributes to the policy literature on SME internationalization by focusing on two areas of public policy action that could have a clear and manifest impact on SMES conduct in Emerging Markets, the first related to the resources available to and exploitable by SMES and the latter associated with Institutional Voids.

  20. A Mini-Prototype YBCO SMES Using Combustion Chemical Vapor Deposition Technique

    National Research Council Canada - National Science Library

    Shoup, Shara

    2000-01-01

    ...))-type coated superconducting tape to allow high current flow across a joined section of tape thus allowing products such as closed-loop style coils to be used in Superconducting Magnet Energy Storage (SMES) devices to be made...

  1. Experiential Interface Design for the Transference of Scientific Publications from University to SMEs

    DEFF Research Database (Denmark)

    Lykke, Marianne; Løkkegaard, Sarai; Jantzen, Christian

    2017-01-01

    to develop suggestions for the interface design of a generic knowledge pathway. The interface design is based on principles from experience design with the aim to draw attention to the scientific knowledge and make it desirable and understandable. The study used practice theory as its conceptual framework......Transferring knowledge between universities and industry is known to be problematic. The paper addresses the situation of small and medium-sized enterprises (SMEs) in order to understand their use of scientific knowledge. We use our understanding of SME situations and information practices...... to interface design. Generally, the SMEs look for knowledge in two situations: when they have a pressing problem to solve and when they want inspiration for new business opportunities. The SMEs consult many different channels and scientific knowledge from universities is not their first choice. SMEs see...

  2. On the Effectiveness of Gamified Risk Management Workshops: Evidence from German SMEs

    Directory of Open Access Journals (Sweden)

    Avo Schönbohm

    2016-06-01

    Full Text Available This study analyzes the potential benefits gamification can offer to SMEs in the area of risk management. A structured review of the topic of risk management in SMEs and previous studies of the application of gamification to risk management forms a theoretical framework. A gamified risk management workshop is devised which is used as a treatment for three German SMEs. This article contains a description of the developed workshop, the applied methodology and the respective results. While following a quasi-experimental action research approach, it becomes evident that the gamified workshop has the potential to motivate the participants, increase their knowledge on risk management and foster cognitive and group de-biasing. The findings suggest that gamification can be a valuable tool for SMEs to enhance their risk management process.

  3. Open innovation in SMEs: Exploring inter-organizational relationships in an ecosystem

    DEFF Research Database (Denmark)

    Radziwon, Agnieszka; Bogers, Marcel

    2018-01-01

    Small- and medium-sized enterprises (SMEs) face the inherent tension of depending on external partners to complement their internal innovation activities while having limited resources to manage such open innovation processes. Given the importance of collaborative efforts between multiple...... stakeholders, we address the open innovation challenges from the SME perspective at the business-ecosystem level. We present an inductive case study of a particular regional ecosystem and focus on the inter-organizational collaboration between SMEs and other stakeholders in the ecosystem. With this focus, we...... explore how SMEs perceive, organize, and manage open innovation through strong collaborative ties with other ecosystem members. We identify a particular set of challenges for the SMEs due to the misalignment between their business model and that of their ecosystem. Specific findings include the link...

  4. Difficulties in Raising Finance and Sources of Finance Available for SMEs

    Institute of Scientific and Technical Information of China (English)

    范怡纯

    2015-01-01

    Compared with large sized enterprises,one of the chief characters of smal and medium enterprises(SMEs)is that the scale is smal and the power has been highly concentrated.Essential y , almost any smal enterprise manages their business independently.Thus,the initiative of the operator total y determines the motivation for profits.As the operators are sensitive to the changeable market,implementing the combination of the right of ownership and management control can help operators either save the supervision costs or make quick decisions.However,dif iculties in raising finance have secularly blocked the development of the SMEs.Therefore,it becomes a key issue for the growing of the SMEs that how to ef ectively improve the financing situation of SMEs.

  5. The Influence of Business Culture on the Performance in Mexican SMEs

    Directory of Open Access Journals (Sweden)

    Gonzalo Maldonado Guzman

    2017-02-01

    Full Text Available In the current literature on business and management sciences, researchers, academics and professionals have focused on the publication of theoretical and empirical research on the development and importance of organizational culture in companies, but relatively few have And studies on the relationship between entrepreneurial culture and corporate performance, and even more scanty are the theoretical and empirical studies that analyze these two constructs in an environment of small and medium-sized enterprises (SMEs. The objective of this paper is to study the effect that business culture has on the level of performance of SMEs in the State of Aguascalientes, using a sample of 400 SMEs based in this geographical location. The results show that the business culture (clan, adhocratic and market have a strong influence on the level of SMEs performance, but not hierarchical type culture.

  6. Analysis of losses within SMES system for compensating output fluctuation of wind power farm

    Energy Technology Data Exchange (ETDEWEB)

    Park, S. I.; Kim, J. H.; Le, T. D.; Lee, D. H.; Kim, H. M. [Jeju National University, Jeju (Korea, Republic of); Yoon, Y. S. [Dept. of Electrical Engineering, Shin Ansan University, Ansan (Korea, Republic of); Yoon, K. Y. [Dept. of lectrical and Electronic Engineering, Yonsei University, Seoul (Korea, Republic of)

    2014-12-15

    Output fluctuation which is generated in wind power farm can hinder stability of total power system. The electric energy storage (EES) reduces unstable output, and superconducting magnetic energy storage (SMES) of various EESs has the proper performance for output compensation of wind power farm since it charges and discharges large scale power quickly with high efficiency. However, because of the change of current within SMES, the electromagnetic losses occur in the process of output compensation. In this paper, the thermal effect of the losses that occur in SMES system while compensating in wind power farm is analyzed. The output analysis of wind power farm is processed by numerical analysis, and the losses of SMES system is analyzed by 3D finite element analysis (FEA) simulation tool.

  7. Mapping ergonomics application to improve SMEs working condition in industrially developing countries: a critical review.

    Science.gov (United States)

    Hermawati, Setia; Lawson, Glyn; Sutarto, Auditya Purwandini

    2014-01-01

    In industrially developing countries (IDC), small and medium enterprises (SMEs) account for the highest proprotion of employment. Unfortunately, the working conditions in SMEs are often very poor and expose employees to a potentially wide range of health and safety risks. This paper presents a comprehensive review of 161 articles related to ergonomics application in SMEs, using Indonesia as a case study. The aim of this paper is to investigate the extent of ergonomics application and identify areas that can be improved to promote effective ergonomics for SMEs in IDC. The most urgent issue found is the need for adopting participatory approach in contrast to the commonly implemented top-down approach. Some good practices in ergonomics application were also revealed from the review, e.g. a multidisciplinary approach, unsophisticated and low-cost solutions, and recognising the importance of productivity. The review also found that more work is still required to achieve appropriate cross-cultural adaptation of ergonomics application.

  8. Power system stabilization by SMES using current-fed pwm power conditioner

    International Nuclear Information System (INIS)

    Ishikawa, T.; Akita, S.; Taniguchi, H.; Kosho, S.; Tanaka, T.

    1988-01-01

    A superconducting magnetic energy storage (SMES) unit, consisted of superconducting coil and AC/DC power conditioner, can be used to suppress various kinds of instability that may cause service interruption in electric power system as it has high controllability of input/output electric power. Power system stabilizing ability of SMES has been examined experimentally by using model power system and small SMES unit. Current-fed PWM power conditioner was used to obtain maximum stabilizing effect by controlling active and reactive power simultaneously and independently. Power conditioner configuration, operating characteristics and control scheme for power system stabilization are also described. Results from experiments show the effectiveness of SMES on power system stabilization

  9. Absorptive capacity and ICT adoption strategies for SMEs: a Case study in Kenya

    CSIR Research Space (South Africa)

    Ndiege, JRA

    2014-10-01

    Full Text Available Many small and medium enterprises (SMEs) in developing countries continue to be challenged by their information technology (IT) adoption process, which is often characterized by a number of deficiencies. The purpose of this study was to examine...

  10. Design of power control system using SMES and SVC for fusion power plant

    International Nuclear Information System (INIS)

    Niiyama, K; Yagai, T; Tsuda, M; Hamajima, T

    2008-01-01

    A SMES (Superconducting Magnetic Energy Storage System) system with converter composed of self-commutated valve devices such as GTO and IGBT is available to control active and reactive power simultaneously. A SVC (Static Var Compensators) or STATCOM (Static Synchronous Compensator) is widely employed to reduce reactive power in power plants and substations. Owing to progress of power electronics technology using GTO and IGBT devices, power converters in the SMES system and the SVC can easily control power flow in few milliseconds. Moreover, since the valve devices for the SMES are equivalent to those for the SVC, the device cost must be reduced. In this paper the basic control system combined with the SMES and SVC is designed for large pulsed loads of a nuclear fusion power plant. This combined system largely expands the reactive power control region as well as the active one. The simulation results show that the combined system is effective and prospective for the nuclear fusion power plant

  11. Heat characteristic analysis of a conduction cooling toroidal-type SMES magnet

    International Nuclear Information System (INIS)

    Kim, K.M.; Kim, A.R.; Kim, J.G.; Kim, D.W.; Park, M.; Yu, I.K.; Eom, B.Y.; Sim, K.; Kim, S.H.; Shon, M.H.; Kim, H.J.; Bae, H.J.; Seong, K.C.

    2010-01-01

    This paper analyzed the heat characteristics of a conduction cooling toroidal-type SMES magnet. The authors designed and manufactured a conduction cooling toroidal-type SMES magnet which consists of 30 double pancake coils. One (a single pancake coil) of a double pancake coil is arranged at an angle of 6 o from each other. The shape of the toroidal-type SMES magnet was designed by a 3D CAD program. The heat invasion was investigated under no-load condition and the thermal characteristic of the toroidal-type SMES magnet was analyzed using the Finite Elements Method program. Both the analyzed and the experiment results are compared and discussed in detail.

  12. ERP system implementation in SMEs: exploring the influences of the SME context

    Science.gov (United States)

    Zach, Ondrej; Munkvold, Bjørn Erik; Håkon Olsen, Dag

    2014-03-01

    Small and medium-sized enterprises (SMEs) are increasingly implementing enterprise resource planning (ERP) systems. Compared to large enterprises, SMEs differ in a number of inherent characteristics, which are likely to impact the ERP system implementations. The purpose of this study is to explore these influences of the SME context on the ERP system implementation process. SME characteristics are synthesised from relevant literature and the influences of the contextual factors on various activities across the ERP life cycle are investigated. The study presents findings from a multiple case study of four SMEs. The ownership type of the companies and limited resources were identified as the most influential contextual factors. Among the ERP life-cycle phases, the implementation phase was affected most by the SME context. The case studies also illustrate the need for a more nuanced view on what should be considered general characteristics of SMEs; for example, regarding the level of IS knowledge, business processes, and market characteristics.

  13. Analysis of losses within SMES system for compensating output fluctuation of wind power farm

    International Nuclear Information System (INIS)

    Park, S. I.; Kim, J. H.; Le, T. D.; Lee, D. H.; Kim, H. M.; Yoon, Y. S.; Yoon, K. Y.

    2014-01-01

    Output fluctuation which is generated in wind power farm can hinder stability of total power system. The electric energy storage (EES) reduces unstable output, and superconducting magnetic energy storage (SMES) of various EESs has the proper performance for output compensation of wind power farm since it charges and discharges large scale power quickly with high efficiency. However, because of the change of current within SMES, the electromagnetic losses occur in the process of output compensation. In this paper, the thermal effect of the losses that occur in SMES system while compensating in wind power farm is analyzed. The output analysis of wind power farm is processed by numerical analysis, and the losses of SMES system is analyzed by 3D finite element analysis (FEA) simulation tool.

  14. BARRIERS IN IMPLEMENTATION OF E-BUSINESS TECHNOLOGIES IN SMALL AND MEDIUM ENTERPRISES (SMEs IN PAKISTAN

    Directory of Open Access Journals (Sweden)

    Anwar Ali Shah G. SYED

    2012-05-01

    Full Text Available The current research investigates the Barriers in implementation of E-Business Technologies in Small and Medium enterprises (SMEs in Pakistan. Data were collected from 2000 respondents by using simple random technique. A structural questionnaire was developed for the data collection and reliability and validity of data. It was revealed that most of the SMEs business owners are not familiar in using internet and in many cases they are not computer literate. It was further revealed that Government should provide some basic computer training to the Small and Medium Enterprises so they will able to use computer. The proper implementation of E-Business technologies in SMEs in Pakistan, Government and other related agencies can initiate E-Business in SMEs to achieve competitive edge.

  15. Are Small and Medium Enterprises (SMEs Planning for Strategic Marketing in South Africa?

    Directory of Open Access Journals (Sweden)

    van Scheers Louise

    2016-01-01

    Full Text Available Substantial evidence shows that strategic marketing planning leads to increased small business performance, yet most small business owners do not draw up a plan for their businesses. This paper presents the results of a secondary research survey on strategic marketing planning of SMEs in South Africa. They indicate that while the higher performing SMEs give a higher priority to marketing than to other business functions, they are still sales- or production-oriented. The higher performing SMEs are more aware of strategic planning tools. They compete with value-added products and good buyer-seller relationships. The findings suggest that broad, small business marketing principles to some extent contribute to the success of SMEs.

  16. Purchasing innovations in the construction sector in the Netherlands : a comparison between SMEs and larger companies

    NARCIS (Netherlands)

    de Rijk, Melissa

    2015-01-01

    Posterpresentatie Ondernemerschapsmiddag KCO, gehouden op 16 november 2015. Main research question: To what extend does the purchasing activity of incremental and radical innovations of SMEs differ from that of larger companies in the construction sector in the Netherlands?

  17. Organizing NPD networks for high innovation performance: the case of Dutch medical devices SMEs

    NARCIS (Netherlands)

    Pullen, A.J.J.; Groen, Arend J.; de Weerd-Nederhof, Petronella C.; Fisscher, O.A.M.

    2010-01-01

    This research examines which combination of network characteristics (the network configuration) leads to high innovation performance for small and medium sized companies (SMEs). Even though research has paid significant attention to the relation between the external network and the innovation

  18. Experts' meeting: Maintenance '83

    International Nuclear Information System (INIS)

    1983-01-01

    The brochure presents, in full wording, 20 papers read at the experts' meeting ''Maintenance '83'' in Wiesbaden. Most of the papers discuss reliability data (acquisition, evaluation, processing) of nearly all fields of industry. (RW) [de

  19. Detecting Internal Control Problems Based on COSO and Islamic Perspective: Case on SMEs

    Directory of Open Access Journals (Sweden)

    Yuniarti Hidayah Suyoso Putra

    2014-03-01

    Full Text Available Objective – The presence of Small Medium Enterprises (SMEs has been able to be livelihoods sources and absorb more labor, even though it has a relative smaller contribution of additional value compared to the Large-scale Enterprises. The number of economic actors of SMEs spread across area from urban to rural. However, SMEs have faced several serious problems. These problems are caused by the unique characteristics of SMEs itself. First, lack of managerial skills due to limited human resources and lack of monitoring which it is rarely conducted by the manager or the owner. Second, lack of information and technology to carry out operations. Both problems have great impacts in lack of internal controls. Third, SMEs also face problems in developing business scale, limited access to capital to the banks and financial institutions due to the lack of transparency. Therefore, this research aimed to detect to what extent of the problems arising in the application and assessment of internal controls performed by SMEs.Method – The research employs descriptive qualitative research method through direct observation, interview and business documentation owned by the company. Research materials are 29 SMEs consisting of 19 trading SMEs and 10 service SMEs. All SMEs are located in Malang city. Detection of application and assessment of internal controls in this study is based on the COSO framework and the Islamic perspective.Result – Internal control activities indicators apply the five principles of COSO framework which focused on three layers. First layer is self-assessment control area. Second layer is environment control area and the third layer is independent control area. While the Islamic perspective is focused on the internal control of business activities based on the Qur'an and Hadith. The results derive from application and assessment based on COSO framework and Islamic perspectives are complementary in improving the practice of internal

  20. Open Source and Proprietary Project Management Tools for SMEs.

    Directory of Open Access Journals (Sweden)

    Veronika Abramova

    2017-05-01

    Full Text Available The dimensional growth and increasing difficulty in project management promoted the development of different tools that serve to facilitate project management and track project schedule, resources and overall progress. These tools offer a variety of features, from task and time management, up to integrated CRM (Customer Relationship Management and ERP (Enterprise Resource Planning modules. Currently, a large number of project management software is available, to assist project team during the entire project lifecycle. We present the main differences between open source and proprietary project management tools and how those could be important for SMEs, describing the key features and how those can assist the project manager and the development team. In this paper, we analyse four open-source project management tools: OpenProject, ProjectLibre, Redmine, LibrePlan and four proprietary tools: Bitrix24, JIRA, Microsoft Project and Asana.

  1. Advanced Manufacturing Technology Adoption In SMEs: An Integrative Model

    Directory of Open Access Journals (Sweden)

    Mirmahdi Darbanhosseiniamirkhiz

    2012-12-01

    Full Text Available The objective of this study is to assess the critical factors which influence adoption of  Advanced Manufacturing Technologies (AMTs and identify hurdles and barriers which prevent small- and medium-sized enterprises (SMEs from accomplishing the desired goals of AMTs utilization. The proposed framework has synthesized previous studies and integrated related studies through conducting a comprehensive literature review. This paper is a theoretical construction that synthesizes previous studies, and centers on three context (Environmental, Organizational, and Technological which influence  adoption of AMTs. This model can provide managers with practical solutions through granting in-depth understanding of whole internal, external, and technological environments, and awarding empirical insight into overcoming barriers to the adoption and implementation of AMT and other process innovations in manufacturing organizations.

  2. Sustainable Entrepreneurship in SMEs: A Business Performance Perspective

    Directory of Open Access Journals (Sweden)

    Pedro Soto-Acosta

    2016-04-01

    Full Text Available Assuming that sustainable entrepreneurship leads to business performance, the present paper intends to investigate the standpoints of SMEs (small and medium-sized enterprises entrepreneurs on different facets. The emphasis is laid on the entrepreneurs’ approaches towards people, planet and profit and on their prioritization within business dynamics. The aforementioned dimensions are deemed important factors engendering business performance in terms of turnover, customer attraction and retention and market share. With a view to testing the advanced hypotheses, we employed a quantitative perspective relying on a questionnaire-based survey. As the results posited, the proposed model accounts for almost 50 percent of variance in business performance, whereas sustainable entrepreneurship approaches towards the people and profit dimensions have a significant positive influence on business performance.

  3. Public funding - a solution for technological SMEs and entrepreneurs

    Science.gov (United States)

    Emilia, Calefariu; Traian Alexandru, Buda

    2016-11-01

    Technological SMEs are in a constant struggle for growth or sometimes maintaining the production capacity, increase market share, supporting tax burden, ensuring employees' salaries, profit growth. They constantly consider short-term survival of the company, with trying to maintain a long-term uptrend for the business. Entrepreneurs are again in a position to access public financing under quite favorable conditions. The paper aims to analyze the opportunity of accessing these external financing options, which have both advantages and a series of long-term constraints which should not be excluded before the final decision to access this funding. New research is required, thus sustainable development can be maintained for the business environment in order to increase efficiency, competitiveness, sustainable development strategies that generate job security, regional growth and rewarding the risk-taking of the entrepreneur.

  4. The cost implementation of adoption of e-commerce in SMES

    Institute of Scientific and Technical Information of China (English)

    朱书阳

    2009-01-01

    @@ 1.Introduction SMES are generally cnnsidered to be flexible to adapt to e-commerce.They are considered to be.a major component of all economies and are generally considered to be flexible,adaptive and innovative organizations(Rao et al,2003).E-commerce is introdueed to SMES and has a rapid growth of adoption.The open structure and low cost of using Internet provide a chance to communicate and collecting information conveniently to buyers and sellers.

  5. The Determinants of FDI in the Manufacturing Industry in China - Case Studies of Taiwanese SMEs

    OpenAIRE

    Chao, Pin-Ching

    2011-01-01

    Due to the trend of economic globalisation and Taiwan’s deteriorating business environment, Taiwanese manufacturers have lost their competitive advantages in cost production to international rivals; this impact is especially strong for small and medium sized enterprises (SMEs). Along with the theories and empirical evidence developed by previous scholars, this research examines the significant determinants of FDI practices and the timely entry of Taiwanese manufacturing SMEs. In addition, the...

  6. Employee Training, Managerial Commitment And The Implementation Of Activity Based Costing; Impact On Performance Of SMEs

    OpenAIRE

    Job Dubihlela; Rosebud Rundora

    2013-01-01

    This article examines the implementation of activity-based costing (ABC) in the SMEs sector in a developing country. The consequences of ABC on the evolution of management accounting and its impact on the accounting processes, particular as it relates to organizational cost performance has been a subject of discourse in the past two decades. This study provides some insight into the conspicuous paradox that in spite of the theoretical benefits of ABC, very few SMEs in South Africa adopt it an...

  7. Mediation effect of organizational culture on the relationship between perceived ethics and SMEs performance

    Directory of Open Access Journals (Sweden)

    Abdullahi Hassan Gorondutse

    2016-05-01

    Full Text Available Purpose: This research aims to examine the association between perceived ethics and SMEs performance; also determine the mediation effect of organizational culture on the relationship. Design/methodology/approach: Based on the literature review, this research developed a conceptual model of Perceived ethics, organizational culture and performance. This research applied purposive sampling to gather data from owners/managers of SMEs in Kano State North-West of Nigeria. Apart from assessing the reliability and validity of the constructs through confirmatory factor analysis, this research also used Partial Least Square Techniques (PLS of analysis approach to test the proposed hypothesis. Findings: Statistical result reveals that the relationship between perceived ethics and SMEs performance was found to be significant at p.value less than 0.001. Similarly as postulated the organizational culture mediates the relationships with significant value. Research limitations/implications: The sample for this study is based on SMEs and cross sectional in nature, In addition, the present study employed quantitative techniques future study can employed qualitative or case study method for design and analysis of information. Practical implications: The finding of this study can assist practitioners and policy makers in SMEs to support the idea of social responsibility in designing strategic plan for superior performance. As whole, the outcome of this research will assist managers for better understanding of the business social responsibility antecedents under the perspective SMEs. Originality/value: This paper has tried to provide a comprehensive understanding about business social responsibility antecedents under the perspective SMEs context in Nigeria. Since there was a lack of such research in SMEs context, this research can provide theoretical contribution and managerial basis for future researches as well as implications for the managers.

  8. Managers of SMEs – career shifts, inter-industry mobility and wages

    DEFF Research Database (Denmark)

    Hjalager, Anne Mette

    2003-01-01

    Addresses the implications of the flattening of organisations for the number of managerial jobs. In Danish enterprises there is no evidence of managerial career opportunities being under pressure or of an increase in managers changing jobs. Within the private sector there is considerable inter...... when moving to larger enterprises. Concludes that SMEs may serve as “spring-boards” for middle management careers. However for SMEs to harvest the benefits of competent and ambitious managers requires motivational measures....

  9. Mediation effect of organizational culture on the relationship between perceived ethics and SMEs performance

    OpenAIRE

    Abdullahi Hassan Gorondutse; Haim Hilman

    2016-01-01

    Purpose: This research aims to examine the association between perceived ethics and SMEs performance; also determine the mediation effect of organizational culture on the relationship. Design/methodology/approach: Based on the literature review, this research developed a conceptual model of Perceived ethics, organizational culture and performance. This research applied purposive sampling to gather data from owners/managers of SMEs in Kano State North- West of Nigeria. Apart fro...

  10. Organizational learning, entrepreneurial orientation, and the role of university engagement in SMEs

    OpenAIRE

    Dada, Lola; Fogg, Helen

    2016-01-01

    This article analyses the effect of entrepreneurial orientation (EO) on organizational learning (OL) in small and medium-sized enterprises (SMEs) and the role of business/university engagement on the relationship between these two constructs. A cross-sectional research design, drawing upon a postal questionnaire survey, was employed to collect data from a sample of 206 UK SMEs. The results obtained from both the regression and moderated regression analyses revealed that EO positively impacts ...

  11. THE PARTICULAR CASE OF SMES REGARDING FINANCIAL REPORTING AND ACCOUNTING FOR INVESTMENT PROPERTY

    OpenAIRE

    CARMEN GIORGIANA BONACI; ALIN IONEL IENCIU; RAZVAN V. MUSTATA; DUMITRU MATIS

    2011-01-01

    The main objective of the present paper is to analyze the particular case of accounting for investment property when considering small and mediumsized entities. The first part of our study addresses the issue of SMEs financial reporting by synthesizing particularities being documented within research literature. The necessity of separate Romanian accounting regulations for SMEs is also discussed. Our paper further focuses on accounting for investment property. While the international accounti...

  12. Mediation effect of organizational culture on the relationship between perceived ethics and SMEs performance

    Energy Technology Data Exchange (ETDEWEB)

    Gorondutse, A.H.; Hilman, H.

    2016-07-01

    This research aims to examine the association between perceived ethics and SMEs performance; also determine the mediation effect of organizational culture on the relationship. Based on the literature review, this research developed a conceptual model of Perceived ethics, organizational culture and performance. This research applied purposive sampling to gather data from owners/managers of SMEs in Kano State North-West of Nigeria. Apart from assessing the reliability and validity of the constructs through confirmatory factor analysis, this research also used Partial Least Square Techniques (PLS) of analysis approach to test the proposed hypothesis. Statistical result reveals that the relationship between perceived ethics and SMEs performance was found to be significant at p.value less than 0.001. Similarly as postulated the organizational culture mediates the relationships with significant value. The sample for this study is based on SMEs and cross sectional in nature, In addition, the present study employed quantitative techniques future study can employed qualitative or case study method for design and analysis of information. The finding of this study can assist practitioners and policy makers in SMEs to support the idea of social responsibility in designing strategic plan for superior performance. As whole, the outcome of this research will assist managers for better understanding of the business social responsibility antecedents under the perspective SMEs. This paper has tried to provide a comprehensive understanding about business social responsibility antecedents under the perspective SMEs context in Nigeria. Since there was a lack of such research in SMEs context, this research can provide theoretical contribution and managerial basis for future researches as well as implications for the managers. (Author)

  13. Research of a 600 kJ HTS-SMES system

    International Nuclear Information System (INIS)

    Seong, K.C.; Kim, H.J.; Kim, S.H.; Park, S.J.; Woo, M.H.; Hahn, S.Y.

    2007-01-01

    This paper describes an overview of researches on a 600 kJ high temperature superconducting magnetic energy storage (HTS-SMES) system in Korea. This project is scheduled to be conducted over three years from September 2004 to August 2007, supported by the Ministry of Commerce, Industry and Energy (MOCIE) of Korea. This project is built based on collaboration among industries, universities, and laboratories. This paper describes current status of the 600 kJ HTS-SMES system in Korea

  14. A new design of SMES coil for bridging instantaneous voltage dips

    International Nuclear Information System (INIS)

    Kurusu, T; Ono, M; Ogata, H; Tosaka, T; Senda, I; Nomura, S

    2006-01-01

    This paper describes a new design concept of SMES coil for bridging instantaneous dips and some experimental results. The technical key point of this work is the design of a NbTi coil composed of a monolith NbTi/Cu wire for DC application. In order to cover the disadvantages of the monolith wire, some solutions have been proposed and tested using a fullscale test coil. Experimental results show the validity of the design concept of the SMES coil

  15. Strategic entrepreneurship: an integrated innovative entrepreneurial process for CRM implementation at Indian SMEs

    OpenAIRE

    Mehta, Arpita

    2011-01-01

    The purpose of this theoretical framework is, to provide a better understanding of the prospects, process, problems, usage and issues related to Customer Relationship Management (CRM) in Indian SMEs so that it may help to implement, adopt and use CRM as an interactive entrepreneurial tool for strategic and successful customer relationship management at Indian SMEs. To reach this understanding this research can starts with three dimensions or group of respondents like CRM Vendor (CRM professio...

  16. Of Social Engineers & Corporate Espionage Agents:How Prepared Are SMEs in Developing Economies?

    OpenAIRE

    Yeboah-Boateng, Ezer Osei

    2013-01-01

    The purpose of this study is to create the awareness of cyber-security threats due to social engineers and corporate espionage agents, and to offer some mitigation measures aimed at minimizing the impact of insider attacks on SMEs in developing economies. Loyal and trusted employees can pose enormous and catastrophic cyber-risks to SMEs, in view of their insider-ness, access privileges and knowledge of the systems as well as associated inherent vulnerabilities. Cyber-security functionaries an...

  17. BPMS implementations in SMEs: Exploring the creation of a situational method

    OpenAIRE

    versendaal, Johan; Veldhuizen, Roel; Ravesteijn, van, Pascal

    2012-01-01

    Small and Medium Enterprises (SME) comprise 99% of the European-economy, though, most research and implementation methods concerning Business Process Management Systems (BPMS) focus on large enterprises. We create a BPMS implementation method that is suitable for SMEs. Based on three existing BPMS implementation methods and by incorporating differentiators of SMEs and large enterprises a BPMS implementation method is constructed. The constructed method is validated through a series of intervi...

  18. THE READINESS OF SMES IN BULUNGAN TO FACE ASEAN ECONOMIC COMMUNITY (AEC

    Directory of Open Access Journals (Sweden)

    Nurus Soimah

    2017-11-01

    Full Text Available ASEAN Economic Community (AEC is formed on the basis of an agreement in order to create a relationship of closer cooperation among ASEAN countries. The agreement covers four strategic, namely: (1 the achievement of a single market and a unified production base, (2 a competitive economic region, (3 equitable economic growth, and (4 integrated with the global economy. This research aimed to identify the readiness of SMEs Facing the ASEAN Economic Community (AEC, which will begin to be realized in December 2015. This research is a qualitative descriptive research. The researcher took a case study on SMEs in Bulungan Regency by selecting informants by using Purposive Sampling. 36 SMEs domiciled in Bulungan Regency were taken as the research subject. The data used in this research was a combination of primary data obtained in the field through interviews and secondary data adapted from various sources as a reference for research writing. Data analysis techniques used was data reduction and validity techniques using triangulation. The result of the research shows that the problem of SMEs in Bulungan Regency is the problem of the production process, capital, marketing, and permit. Further research results indicate that Bulungan Regency Government has been trying to encourage the development of the SMEs, but the implementation of government policy is not maximized. Based on the conditions and problems faced by SMEs in Bulungan Regency, it is not ready to face the AEC.

  19. Factors Promoting Environmental Responsibility in European SMEs: The Effect on Performance

    Directory of Open Access Journals (Sweden)

    Francisco J. Sáez-Martínez

    2016-09-01

    Full Text Available There is increasing social and political awareness of the importance of developing environmental responsibility at a corporate level. When focusing on issues of responsibility, large companies are frequently perceived to be more responsible for driving climate change and resource depletion. However, small and medium enterprises (SMEs contribute significantly to the use of resources such as material and energy and produce approximately 64% of the pollution in Europe. Drawing on evidence from “The Eurobarometer 381 Survey on SMEs, Resource Efficiency and Green Markets”, we analyze the environmental responsibility of European SMEs, studying their compliance with environmental legislation and how several factors drive environmental orientation among SMEs. Our sample consists of 3647 SMEs operating in 38 countries. Only around a fifth of the firms go beyond environmental regulations, showing the highest levels of environmental responsibility. We conduct OLS regressions to analyze the factors that affect a positive environmental attitude among European SMEs (internal drivers being more significant than external ones and then, to observe the positive effect of environmental responsibility and firm’s experience in offering green services/products on performance, although a conjoint effect was not found. Implications for practitioners, academics, and policy-makers are outlined.

  20. Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile

    Directory of Open Access Journals (Sweden)

    Christian A. Cancino

    2014-10-01

    Full Text Available The literature on born global firms in developed countries has revealed some factors that influence the rapid internationalization of Small and Medium Enterprises (SMEs, such as the technological level of the sector in which the firm participates, psychological and geographical distances from the target markets, and the existence of contact networks. To date, little research has been carried out on this topic for Latin American countries. This paper explores how certain determinants influence Chilean born global firms. A logistic regression model is used to analyze 112 SMEs with regular export activities. The results show that Chilean born global firms are influenced by national and international contact networks that their founders are able to generate. The psychological distance between Chilean SMEs and developed countries in Asia, North America and Europe also influences the internationalization of Chilean SMEs. The principal characteristic of Chilean born global firms is their lack of participation in highly technological sectors, with these SMEs instead being involved in sectors that actively exploit natural resources. The results of this study permit certain public policy recommendations to be made that might boost the development of export SMEs.

  1. Superconducting magnetic energy storage (SMES) program. Progress report, January 1-December 31, 1984

    International Nuclear Information System (INIS)

    Rogers, J.D.

    1985-05-01

    The 30 MJ, 10 MW superconducting magnetic energy storage (SMES) system was devised to interact in the Western US Power System as an alternate means to damp unstable oscillations at 0.35 Hz on the Pacific HVAC Intertie. The SMES unit was installed at the Tacoma Substation of the Bonneville Power Administration (BPA). The operating limits of the 30 MJ SMES unit were established, and different means of controlling real and reactive power were tested. The unit can follow a sinusoidal power demand signal with an amplitude of up to 8.6 MW with the converter working in a 12 pulse mode. When the converter operates in the constant VAR mode, a time varying real power demand signal of up to 5 MW can be met. Experiments showed that the Pacific ac Intertie has current and reactive power variations of the same frequency as the modulating frequency of the SMES device. Endurance tests were run to assess the reliability of the SMES subsystems with a narrow band noise input, which is characteristic of the modulation signal for stabilizer operation. During the endurance tests, parameters of the ac power system were determined. Converter short circuit tests, load tests under various control conditions, dc breaker tests for coil current interruption, and converter failure mode tests were conducted. The experimental operation of the SMES system was concluded and the operation was terminated in early 1984

  2. Trends in working capital management and its impact on firms’ performance – An analysis of SMEs

    Directory of Open Access Journals (Sweden)

    Xiaoting Zhang

    2017-06-01

    Full Text Available This paper aims to explore the relationship between the performance of small and medium enterprises (SMEs and working capital management. To make the research robust, accounting performance and measures of market related performance have been used to gauge the SMEs performance. This research utilizes secondary data obtained from the Alternative Investment Market concerning SMEs listed in the London Stock Exchange, to investigate the significance of working capital management towards the performance of SMEs. The working capital management components that were used in research are; account payable period APP, average collection period (ACP, return on assets (ROA and inventory holding period (IHP. The analysis of data involved the use of regression analysis and extensive use of correlation analysis in order to establish the relationship between working capital management and SME performance. The study established that the use of WCM components such as cash conversion cycle, return on assets, cash conversion cycle and inventory holding period have a significant impact on the performance of SMEs. Further, it was established that when SMEs invested heavily in inventories and receivables, they amassed low profits while investment in current assets in relation to total assets lead to elevated profitability. Hence, it was concluded that there is a compelling relationship between WCM and SME performance.

  3. Optimization of hybrid power system composed of SMES and flywheel MG for large pulsed load

    International Nuclear Information System (INIS)

    Niiyama, K.; Yagai, T.; Tsuda, M.; Hamajima, T.

    2008-01-01

    A superconducting magnetic storage system (SMES) has some advantages such as rapid large power response and high storage efficiency which are superior to other energy storage systems. A flywheel motor generator (FWMG) has large scaled capacity and high reliability, and hence is broadly utilized for a large pulsed load, while it has comparatively low storage efficiency due to high mechanical loss compared with SMES. A fusion power plant such as International Thermo-Nuclear Experimental Reactor (ITER) requires a large and long pulsed load which causes a frequency deviation in a utility power system. In order to keep the frequency within an allowable deviation, we propose a hybrid power system for the pulsed load, which equips the SMES and the FWMG with the utility power system. We evaluate installation cost and frequency control performance of three power systems combined with energy storage devices; (i) SMES with the utility power, (ii) FWMG with the utility power, (iii) both SMES and FWMG with the utility power. The first power system has excellent frequency power control performance but its installation cost is high. The second system has inferior frequency control performance but its installation cost is the lowest. The third system has good frequency control performance and its installation cost is attained lower than the first power system by adjusting the ratio between SMES and FWMG

  4. Test results of the SMES model coil. Cool-down and thermal characteristics

    International Nuclear Information System (INIS)

    Hamada, Kazuya; Kato, Takashi; Kawano, Katsumi

    1998-01-01

    A model coil of a superconducting magnetic energy storage (SMES) device, which is a forced-cooled Nb-Ti coil, has been fabricated and a performance test at cryogenic temperatures has been carried out. The SMES model coil is composed of 4 dual pancakes and its total weight is 4.5 t. The applied conductors are cable-in-conduit conductors cooled by supercritical helium (SHe) at 4.5 K and 0.7 MPa. SHe is supplied to the SMES model coil and the structure by a reciprocating bellows pump. The test facility is located at the International Thermonuclear Experimental Reactor (ITER) common test facility, was constructed for the testing of an ITER central solenoid model coil. In the experiments, cool-down was finished within 10 days under controlled temperature differences in the SMES model coil. During cool-down and 4.5 K operation, pressure drop characteristics of the conductor were measured and the friction factor estimated. The pressure drop characteristics of the SMES model coil were in good agreement with those of the previous cable-in-conduit conductor. During static operation without current, the heat load and refrigerator operation conditions were measured. The heat load of the SMES model coil is 7.5 W, which is within the expected value. (author)

  5. Innovation in small and medium sized enterprises (SMEs) in the Malaysian information technology (IT) industry

    International Nuclear Information System (INIS)

    Fatimah Mohd Amin

    2001-01-01

    The aim of this study is to examine innovative activities in small and medium enterprises (SMEs) in the Malaysian information technology (IT) industry. This study addresses three research questions: 1. What is the innovation pattern among SMEs in the Malaysian IT industry? 2. How significant is interactive learning between SMEs in the Malaysian IT industry and other agents in the innovation system? and 3. What is the role of the government in promoting innovation among SMEs in the Malaysian IT industry? Two approaches were taken to collect data for this study, that is, mail survey and face-to-face interviews. Based on findings from this study, the SMEs in the Malaysian IT industry were divided into four categories, namely, highly innovative, innovative, inventive, and non innovative. The patterns of knowledge acquisition and interactive learning vary among the different categories of firms, and on the whole, vertical linkages with suppliers were found to be the most significant. Finally, support through the provision of funding was considered to be among the most important roles of the government in promoting innovation in SMEs in the Malaysian IT industry. (author)

  6. Financing energy SMEs in Ghana and Senegal: Outcomes, barriers and prospects

    International Nuclear Information System (INIS)

    Haselip, James; Desgain, Denis; Mackenzie, Gordon

    2014-01-01

    The article presents the findings of primary research carried out in Ghana and Senegal, which revisited the main assumptions behind the African Rural Energy Enterprise Development (AREED) initiative (2002–2012), and other donor-backed programmes, designed to promote small and medium-sized energy enterprises (energy SMEs). These assumptions were (1) that the lack of affordable local financing presented the most significant barrier to setting up and expanding energy SMEs, and (2) that these barriers would be overcome by a ‘demonstration effect’ whereby successful businesses, supported by donor-backed programmes, could in turn influence the commercial financial sector to invest in energy SMEs, thus triggering a virtuous circle of growth and profitability. - Highlights: • Analysis of the AREED ‘demonstration effect’ in Senegal and Ghana. • Commercial financial backing for SMEs remains a serious challenge for entrepreneurs. • Structural issues that increase the financial risk of investing in energy SMEs. • High transaction costs of investing in SMEs. • Longer supply chains and slower pay-back periods for capital-intensive technologies

  7. Using SMES as a multi-purpose interface in power generation, transmission and distribution systems

    International Nuclear Information System (INIS)

    Tam, K.S.; Zhang, X.; Yarali, A.

    1991-01-01

    This paper presents a new SMES schemes, the MSMES system, which significantly broadens the ways in which SMES can be applied to electric power systems. On the generation side, the SMES system can convert low-quality power into high-quality power and enhances the utilization of all energy sources available to the power systems. Acting both as an energy storage device and a power flow control device, a MSMES system can act as a hub in a power transmission system. The use of multiple MSMES systems can provide many new solutions to the problems facing the transmission networks of the United States today. On the distribution side, MSMES systems can be used as advanced power distribution centers that supply high-quality power to the customers while providing desirable load shapes to the power systems. In addition to these functions, a MSMES unit can also perform functions such as damping of power oscillation, stability and dynamic performance improvement and other recognized benefits of the conventional SMES system. Functioning as a multi-purpose power processing units, the MSMES systems improve the economics of SMES system. Functioning as a multi-purpose power processing units, the MSMES systems improve the economics of SMES technology and expand its potential market

  8. Application of Liquid Hydrogen with SMES for Efficient Use of Renewable Energy in the Energy Internet

    Directory of Open Access Journals (Sweden)

    Xin Wang

    2017-02-01

    Full Text Available Considering that generally frequency instability problems occur due to abrupt variations in load demand growth and power variations generated by different renewable energy sources (RESs, the application of superconducting magnetic energy storage (SMES may become crucial due to its rapid response features. In this paper, liquid hydrogen with SMES (LIQHYSMES is proposed to play a role in the future energy internet in terms of its combination of the SMES and the liquid hydrogen storage unit, which can help to overcome the capacity limit and high investment cost disadvantages of SMES. The generalized predictive control (GPC algorithm is presented to be appreciatively used to eliminate the frequency deviations of the isolated micro energy grid including the LIQHYSMES and RESs. A benchmark micro energy grid with distributed generators (DGs, electrical vehicle (EV stations, smart loads and a LIQHYSMES unit is modeled in the Matlab/Simulink environment. The simulation results show that the proposed GPC strategy can reschedule the active power output of each component to maintain the stability of the grid. In addition, in order to improve the performance of the SMES, a detailed optimization design of the superconducting coil is conducted, and the optimized SMES unit can offer better technical advantages in damping the frequency fluctuations.

  9. A novel HTS SMES application in combination with a permanent magnet synchronous generator type wind power generation system

    Science.gov (United States)

    Kim, G. H.; Kim, A. R.; Kim, S.; Park, M.; Yu, I. K.; Seong, K. C.; Won, Y. J.

    2011-11-01

    Superconducting magnetic energy storage (SMES) system is a DC current driven device and can be utilized to improve power quality particularly in connection with renewable energy sources due to higher efficiency and faster response than other devices. This paper suggests a novel connection topology of SMES which can smoothen the output power flow of the wind power generation system (WPGS). The structure of the proposed system is cost-effective because it reduces a power converter in comparison with a conventional application of SMES. One more advantage of SMES in the proposed system is to improve the capability of low voltage ride through (LVRT) for the permanent magnet synchronous generator (PMSG) type WPGS. The proposed system including a SMES has been modeled and analyzed by a PSCAD/EMTDC. The simulation results show the effectiveness of the novel SMES application strategy to not only mitigate the output power of the PMSG but also improve the capability of LVRT for PMSG type WPGS.

  10. The Effect of Internal and External Factors of Banking to the SMEs Financing for BPRS in Indonesia

    Directory of Open Access Journals (Sweden)

    Nurkholis Yasmin

    2017-07-01

    Full Text Available Small and Medium Enterprises had a strategic role in economic growth. One of the main problems faced by SMEs in Indonesia was the limited financial capital and access to finance. Islamic Rural Banks (BPRS could play a significant role in providing financing for the development of the real sector through SMEs. This study aimed to analyze the influence of internal and external factors of banking to the SMEs financing for BPRS in Indonesia 2011-2016 periods using the Vector Error Correction Model (VECM method. In the long-term of VECM estimation result showed that third party funds, FDR, inflation,and IPI had a significant positive effect on SMEs financing, while BOPO, NPF, ERP, and BSBIS variables negatively affected SMEs financing. This study recommended the importance of increasing the proportion of SMEs financing in line with the increase in the number of third party funds and putting more funds in the real sector than in the monetary sector.

  11. Health and well-being in small and medium-sized enterprises (SMEs). What public health support do SMEs really need?

    Science.gov (United States)

    Holt, Maxine; Powell, Susan

    2015-01-01

    Health and well-being in the workplace is a concept that is understood as a fundamental business case for a productive, happy and healthy workforce. The workplace is also a setting by which knowledge and skills about health can be disseminated to assist people, in improving their health and well-being. Public health professionals are in a position to develop workplace health and well-being interventions, which support those in jobs and those seeking employment. They can also influence the extent to which work and the workplace affects health and well-being outcomes. This article aims to identify the main health and well-being needs of a sample of small and medium-sized enterprises (SMEs) across Greater Manchester and the support that public health professionals can offer. The research adopted a Health Needs Assessment (HNA) approach using convenience and opportunistic sampling methods, from the list of SMEs in Greater Manchester. The SMEs varied in size and type of business, and 91 telephone interviews, using semi-structured questions, were used to collect data which identified the health and well-being needs of a sample of SMEs in Greater Manchester. This research resulted in qualitative data using thematic analysis. Two key themes emerged from the study. Acute seasonal sickness was the most pressing reason for employee absence from work (viruses, flu, seasonal disorders) for the SMEs in this research. This accumulated to the theme of sickness presenteeism. This research highlighted that employees will present at work with acute illness that requires rest, is easily transmitted to other employees and most likely will take a longer time to recover from as cross infection and re-infection occur. A subsidiary theme was that of authenticity and the reporting of sickness, contributing further to sickness presenteeism as employees seek to legitimise their illness. This article provides issues which are specific to SMEs in Greater Manchester. In particular, the pressing

  12. 78 FR 55685 - Renewal of Department of Defense Federal Advisory Committees

    Science.gov (United States)

    2013-09-11

    ... appoint non-voting subject matter experts (SMEs) to assist the Board or its subcommittees on an ad hoc basis. These non- voting SMEs are not members of the Board or its subcommittees and will not engage or...D policies and procedures. These non- voting SMEs, if not full-time or permanent part-time...

  13. An investigation on lean-green implementation practices in Indian SMEs using analytical hierarchy process (AHP) approach

    DEFF Research Database (Denmark)

    Thanki, Shashank; Govindan, Kannan; Thakkar, Jitesh

    2016-01-01

    sensitivity analysis of three AHP models, we propose bundles of lean and green practices to surmount the market challenges faced by SMEs. These results are used to develop an integrated framework for lean-green system to guide SMEs towards sustainable growth. The findings are expected to benefit policy makers...... and industrial practitioners of SMEs to focus on a few vital issues to facilitate both lean and green manufacturing implementation and assessment....

  14. Strategy Development Micro Small And Medium Business Performance In Small And Medium Enterprises Smes Cibaduyut Shoe Bandung

    OpenAIRE

    Yoyo Sudaryo; Dyah Purnamasari

    2017-01-01

    Indonesias economic fundamentals have not prompted the government to build the economic structures to the existence of Micro. Small and Medium Enterprises SMEs. This sector has been proven to provide jobs and provide opportunities for SMEs to thrive in the community. MSMEs cant be doubted because it proved able to survive and become the economic driving especially after the economic crisis. On the other hand SMEs are also facing many problems the limited working capital human resources is low...

  15. The Driving Forces for the Practice of Strategic Planning in SMEs: Evidence from Harare Metropolitan Province, Zimbabwe

    OpenAIRE

    Maxwell Sandada; Raynold Tinomudaishe Chikwama

    2016-01-01

    Despite Zimbabwe sharing with the rest of the world, the notion that SMEs are the impeccable engines to economic revival, growth and development, many of the nation`s SMEs are plagued with high failure rates. Previous studies carried out in most foreign countries suggested that the high failure rate of SMEs was attributable to lack of strategic planning among a host of other factors. Against this backdrop, the purpose of this study was to examine the driving forces for the practic...

  16. Developing cluster strategy of apples dodol SMEs by integration K-means clustering and analytical hierarchy process method

    Science.gov (United States)

    Mustaniroh, S. A.; Effendi, U.; Silalahi, R. L. R.; Sari, T.; Ala, M.

    2018-03-01

    The purposes of this research were to determine the grouping of apples dodol small and medium enterprises (SMEs) in Batu City and to determine an appropriate development strategy for each cluster. The methods used for clustering SMEs was k-means. The Analytical Hierarchy Process (AHP) approach was then applied to determine the development strategy priority for each cluster. The variables used in grouping include production capacity per month, length of operation, investment value, average sales revenue per month, amount of SMEs assets, and the number of workers. Several factors were considered in AHP include industry cluster, government, as well as related and supporting industries. Data was collected using the methods of questionaire and interviews. SMEs respondents were selected among SMEs appels dodol in Batu City using purposive sampling. The result showed that two clusters were formed from five apples dodol SMEs. The 1stcluster of apples dodol SMEs, classified as small enterprises, included SME A, SME C, and SME D. The 2ndcluster of SMEs apples dodol, classified as medium enterprises, consisted of SME B and SME E. The AHP results indicated that the priority development strategy for the 1stcluster of apples dodol SMEs was improving quality and the product standardisation, while for the 2nd cluster was increasing the marketing access.

  17. The Aspects of Managing Risks in Connection with the Internationalization of Smes from Selected Central European Countries

    Directory of Open Access Journals (Sweden)

    Martina Toulová

    2016-01-01

    Full Text Available Insufficient domestic demand and increasing competition force small and medium‑sized enterprises (SMEs to engage in internationalization process and enter to foreign markets. This process, however, carries risks that should be appropriate managed. In order to identify similarities and differences in the approach of SMEs from selected Central European countries towards managing these risks and find out whether perception of risks differ based on domestic country of the SMEs, questionnaire survey among Czech, Slovak, German, Austrian and Poland SMEs was performed in 2014. It was found that more Austrian and German SMEs, compared to Czech, Slovak and Polish SMEs, do not apply any method of risk analysis but are more focused on some form of protection in international operations. As the most common form was identified payment in advance. It was also found that Austrian and German SMEs prefer to use bank products rather that conclude long‑term contracts or verify the credibility of their foreign business partners used by Czech, Slovak and Poland SMEs. Based on statistical testing, significant differences appeared in risk perception of SMEs from different countries. Especially perception of market risks, transportation risks and risk of natural disasters.

  18. Waste disposal experts meet

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1959-01-15

    Problems connected with the disposal into the sea of radioactive wastes from peaceful uses of atomic energy are being examined by a panel of experts, convened by the International Atomic Energy Agency. These experts from eight different countries held a first meeting at IAEA headquarters in Vienna from 4-9 December 1958, under the chairmanship of Dr. Harry Brynielsson, Director General of the Swedish Atomic Energy Company. The countries represented are: Canada, Czechoslovakia, France, Japan, Netherlands, United Kingdom and United States. The group will meet again in 1959. (author)

  19. Price competition between an expert and a non-expert

    OpenAIRE

    Bouckaert, J.M.C.; Degryse, H.A.

    1998-01-01

    This paper characterizes price competition between an expert and a non-expert. In contrast with the expert, the non-expert’s repair technology is not always successful. Consumers visit the expert after experiencing an unsuccessful match at the non-expert. This re-entry affects the behaviour of both sellers. For low enough probability of successful repair at the non-expert, all consumers first visit the non-expert, and a ‘timid-pricing’ equilibrium results. If the non-expert’s repair technolog...

  20. Expert Systems Research.

    Science.gov (United States)

    Duda, Richard O.; Shortliffe, Edward H.

    1983-01-01

    Discusses a class of artificial intelligence computer programs (often called "expert systems" because they address problems normally thought to require human specialists for their solution) intended to serve as consultants for decision making. Also discusses accomplishments (including information systematization in medical diagnosis and…