4 research outputs found
Factors influencing the SME business success in Malaysia
Purpose: The research aimed to investigate the factors that influence SME business success in Malaysia.
Research methodology: This study employed a quantitative research design and used a paper-based online questionnaire to collect data from 100 SME entrepreneurs in Malaysia. Smart PLS 3.2.8 was used to analyse the data collected in this study.
Results: The study concluded that the factors of entrepreneurs’ personalities traits and effective marketing have no significant relationship with SME business success, while the strategic planning and management is significantly positive related to SME business success.
Limitations: The present study had a small number of respondents to obtain more accurate results.
Contribution: The results can be useful to optimise the local SME business performance by presenting the factor that is significantly and positively influencing business success. This study makes a new attempt to demonstrate the effect of strategic planning and management on SME business success in Malaysia. Besides, the research emphasises the importance of implementation of strategic planning and management in SME business to enhance the rate of business success.
Keywords: Business success, Malaysia, SM
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Digital business ecosystem: literature review and a framework for future research
Digital innovation has radically changed how organisations collaborate and compete. Coupled with this change are new collaborative value creation networks such as digital business ecosystems (DBEs). DBE is a socio- technical network of individuals, organisations and technologies that collectively co-create value. Since the emergence of DBE over a decade ago, there have been limited attempts to critically review and synthesise the body of knowledge presented over the years. Thus, the purpose of this paper is to fill this gap in DBE research by: (1) developing a comprehensive framework that synthesises and provides an overall direction of DBE research; (2) pointing out gaps in DBE literature; and (3) providing future research directions. To address this purpose, we systematically analysed 101 research articles on DBE. The findings provide insightful revelations to address some limitations in the current DBE research. As such, this study makes important contributions and serves as a useful resource for future DBE studies and practice
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Factors affecting regional SMEs progression to Digital Business Ecosystems
SMEs are widely recognized as an important driving force of economic growth, yet, their uptake of ICT is still very low. Tosupport SMEs ICT adoption and to foster regional development, in 2000, the Lisbon Strategy on the Information Society andKnowledge-based economy created a vision for 2010 towards the creation of the European Digital Business Ecosystems(DBE). This paper is positioned within that context and reports upon a project involving 6000 SMEs whose aim was tosupport ICT adoption and to encourage SME networks through the creation of a Regional Business Portal. The papere xplores factors affecting the regional SMEs participating in the DBE. An in-depth longitudinal case study approach was adopted and multiple sources of evidence were used. Many factors affecting SMEs progression to DBE were identified:including people and organization, environmental, diffusion networks, technological, regional and time factor
IS-enabled creativity and survival of co-located artist/craftspeople communities: supporter experiences
This research investigates artist/craftspeople community supporters’ experiences appropriating information systems (IS). It proposes a framework combining theories of practice, social construction of technology and social capital for conceptualising supporters’ IS appropriation issues relating to government funding reductions, artist/craftspeople rejection of modern-day business, religious/tribal beliefs and art/craft community and sectoral tensions