ICT ADOPTION - A NECESSITY FOR ROMANIAN SMES

In today's global economy the use of ICTs technologies is key for achieving growth and competitiveness. Business can use ICT in their relationship with suppliers or customers, to process accounts, to manage the internal processes or to file taxes. Our paper is concerned with studying the use of ICT in Romanian companies in general and especially in Transylvanian SMEs. We conducted a survey among the Transylvanian SMEs with regard to their level of endowment with computers, the number of staff working full-time in IT, the activities that imply computers, the ability to process information, to plan and solve problems using computers.ICT, SMEs, Romania, Transylvania

SMEs and virtual R&D teams: a motive channel for relationship between SMEs

In today?s dynamic marketplace, manufacturing companies are under strong pressure to introduce new products for long-term survival with their competitors. Nevertheless, every company cannot cope up progressively or immediately with the market requirements due to knowledge dynamics being experienced in the competitive milieu. Increased competition and reduced product life cycles put force upon companies to develop new products faster. In response to these pressing needs, there should be some new approach compatible in flexible circumstances. This paper presents a solution based on the popular Stage-Gate system, which is closely linked with virtual team approach. Virtual teams can provide a platform to advance the knowledge-base in a company and thus to reduce time-to-market. This article introduces conceptual product development architecture under a virtual team umbrella. The paper describes all the major aspects of new product development (NPD), NPD process and its relationship with virtual teams, Stage-Gate system finally presents a modified Stage-Gate system to cope up with the changing needs. It also provides the guidelines for the successful implementation of virtual teams in new product development

Study of internet usage in the fresh produce supply chain in the UK and China

A thesis submitted for the degree of Master of Philosophy of the University of BedfordshireFresh produce supply chain management faces a high level of complexity and uncertainty and a number of challenges due to fresh produce's perishable, seasonal and fragile characteristics. It is argued that effective implementation of Information and Communication Technologies (leTs) has great potential for improving efficiency and reducing wastage within the fresh produce (fruit and vegetable) supply chain. While' the Internet is used by many small and medium-sized enterprises (SMEs) in the fresh produce industry, the extent to which it is applied and further developed after the initial adoption varies widely. Much research has been carried out to investigate Internet adoption and usage, but very limited effort has been focused on the identification of the current level of technology integration and deve!opment and the factors affecting the level of the development after the adoption, especially in the context of SMEs in the fresh produce supply chain. This research attempts to address this issue by developing a theoretical framework to illustrate the evolutionary process of Internet adoption and diffusion and to identify factors affecting the development of Internet-based supply chains by following the Technological/Organisational/Environmental (TOE) framevork. First, five development levels of post-adoption of Internet technologies in the supply chain were defined, and factors from the technological, organisational and environmentalcontexts were identified according to literatures and exploratory interviews. Second, questionnaire surveys were conducted in the UK and China to investigate the current situation of internet technologies used by SMEs in the fresh produce supply chains in the two countries. Finally, factors the proposed framework were validated and discussed. The empirical findings show that the Internet is no longer a new technology for most fresh produce SMEs in the UK and China. However, a large proportion of SMEs surveyed are still using basic functions of the Internet, and there is little difference between the UK and Chinese SMEs when comparing the use of complex applications in the supply chains. The results also show that most of the factors in the organisational and technological contexts are positively related to the current development levels of the Internet-based supply chain, whereas, in the environmental context, pressures from customers in the UK and mutual trust among partners in China have a significant impact on current development levels. Additionally, in both countries, companies in a better development level of Internet-based supply chain would achieve a higher degree of integration in their supply chain in five years. Overall, the research has made a number of important contributions to knowledge, current debate and practice in an under-researched sector. The five-level post-adoption framework can be adapted to identify ICT development levels and key factors in other sectors. The empirical data collected has added value to and sheds lights on the current applications of the Internet in the supply chain in general, and in the fresh produce SMEs in China and the UK in particular. The key factors identified as impeding the further development of the Internet, such as factors related to the business environments in the UK and China, will help government policy-makers, supply chain facilitators and IT service providers to be more focused in their efforts to improve the situation and to stimulate the further diffusion of emerging Internet technologies. The research has certain limitations due to the time constraints and sample selections. These limitations provide a platform for directing future research

Environmental sustainability and financial performance of SMEs

This paper focuses on the relationship between environmental sustainability and the financial performance of SMEs in terms of profit development and revenue development. The analysis uses a unique dataset of 337 Dutch and Chinese firms. The results suggest a significant positive association between environmental sustainability and firm performance. It appears, however, that different indicators of environmental sustainability display a distinct relationship with the two performance measures. When firms have a policy on the re-usage of materials they perform significantly better in terms of profit development and when firms have a policy on the reduction of pollution they perform significantly better in terms of revenue development. Furthermore, we also find that firms that communicate to their employees about their sustainability efforts perform better in terms of profit development. Finally, weak support is found for a moderating effect of communication to employees on the positive relationship between sustainability and profit development.

Stakeholders' Impact on Turnaround Performance: The Case of German Savings Banks

This study explores how savings banks as powerful stakeholders of SMEs in Germany assess turn-around performance. It tests the impact of the support provided by German savings banks and distressed SMEs’ actions with survey data from corporate advisors. The results show that structural and continuing support foster turnaround performance. This support is conducive in the initial stage of turnaround but negligible in the recovery stage. Contributing to stakeholder theory and turnaround management, the findings shed light on the factors that motivate a selected stakeholder’s involvement and SMEs’ ability to engage in actions fostering this stakeholder’s support for a turnaround

Impact of Facebook usage on firm’s performances among Malaysian Chinese retailers

Social media including Facebook has been acknowledged to play a vital role in firms achieving superior performance. Malaysia is a multicultural country in which the Malaysian Chinese are considered to be the most successful entrepreneurs. There is, however, a lack of research regarding the influence of Facebook usage on firm performance among Malaysian Chinese retailers. As such, this study had two aims. Firstly, the study investigated the influence of compatibility, cost effectiveness, trust, and interactivity on Facebook usage among Malaysian Chinese retailers. Secondly, the study assessed the impact of these retailers’ Facebook usage on their perceived financial performance, perceived non-financial performance, perceived business growth, and perceived performance relative to competitors under the moderating impact of market turbulence. This study developed a conceptual model based on the Strategic Contingency Theory (SCT) and Diffusion of Innovation (DOI) theory, and used a structured survey instrument to gather data. Using non-probability sampling techniques, 129 Malaysian Chinese retailers from Kuala Lumpur and Selangor were recruited for the study. Data was analysed using PLS-SEM techniques. The results showed that only compatibility, cost effectiveness, and interactivity have a statistically significant positive influence on Facebook usage, which in turn has a statistically significant positive influence on the retailers’ perceived financial performance, perceived non-financial performance, perceived business growth, and perceived performance relative to competitors. Moreover, market turbulence was only found to be a moderator that improves the impact of Facebook usage on perceived financial performance, perceived business growth, and perceived performance relative to competitors, but not perceived non-financial performance. These findings contribute to current literature and provide insights into the role and importance of Facebook usage on firm performance among Malaysian Chinese retailers, possibly encouraging more retailers to deploy social media in their business processe

Virtual R&D teams and SMEs growth: A comparative study between Iranian and Malaysian SMEs

This paper explores potential advantages of using virtual teams for small and medium-sized enterprises (SMEs) with a comprehensive review on various aspects of virtual teams. Based on the standing of the pertinent literature, attempt has been made to study the aspects by online survey method in Iran and Malaysia. In both countries, SMEs play an important role in their economies, employments, and capacity building. Virtual R&D team can be one of the means to increase SMEs efficiency and competitiveness in their local as well as global markets. In this context, surveys have been conducted to evaluate the effects of virtuality to the growth of SMEs. The study addresses some differences between two countries in engaging virtual research and development (R&D) teams in their SMEs. It is observed that there is a significant difference between the SMEs turnover that employed virtual team and that did not employ the virtual team. The way for further studies and recommend improvements are proposed.Virtual R&D team, small and medium enterprises, survey, developing countries.

Contribución del comercio electrónico al desempeño de las PyMEs industriales: un modelo estructural

El rol que juegan las Tecnologías de la Información y comunicación (TIC) para lograr un mejor desempeño organizacional aún requiere de un análisis más profundo entre las pequeñas y medianas empresas (PyMEs) de los países en desarrollo. Este estudio pretende ampliar la literatura empírica sobre la relación entre TIC, comercio electrónico y desempeño de las PyMEs en países en desarrollo. Para alcanzar este objetivo, utilizamos una muestra de 87 empresas manufactureras de la ciudad de Bahia Blanca, Argentina correspondiente al año 2015. Mediante la estimación de un Modelo de ecuación estructura, se obtiene que la adopción del comercio electrónico posee una influencia positiva y significativa en las ventas de las PyMEs la cual es potenciada por el nivel de uso de las TIC. Otros factores organizacionales tales como el tamaño de la empresa y los programas públicos explican el desempeño, pero no son predictores significativos de la adopción del comercio electrónico.The role Information and Communication Technologies (ICT) play in achieving a better organizational performance still needs further analysis among small and medium sized enterprises (SME) from developing countries. This study aims to extend the empirical literature on the relationship between ICT, electronic commerce and SME performance in developing countries. To achieve this goal, we employ a sample of 87 manufacturing firms from the city of Bahía Blanca, Argentina in the year 2015. By estimating a structural equation model, we obtain that electronic commerce adoption has a positive and significant influence on SME sales which is reinforced by the level of ICT use. Other organizational factors such as firm size and public programs explain performance, but are not significant predictors of the electronic commerce adoption.Fil: Alderete, Maria Veronica. Universidad Nacional del Sur. Departamento de Economía; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentin

A comparison of theory and practice in market intelligence gathering for Australian micro-businesses and SMEs

Recent government sponsored research has demonstrated that there is a gap between the theory and practice of market intelligence gathering within the Australian micro, small and medium businesses (SMEs). Typically, there is a significant amount of information in literature about 'what needs to be done', however, there is little insight in terms of how market intelligence gathering should occur. This paper provides a novel insight and a comparison between the theory and practices of market intelligence gathering of micro-business and SMEs in Australia and demonstrates an anomoly in so far as typically the literature does not match what actually occurs in practice. A model for market intelligence gathering for micro-businesses and SMEs is also discussed