Construction of Eco-system for NTBFs to Thrive, Grow and Agglomerate (Japanese)

Boston, Massachusetts in the U.S. was able to rejuvenate its economy after WWП through the thrift, growth and agglomeration of MIT-born New Technology-based Firms (NTBFs), which have been categorized as the origin of new venture firms. This paper will explain why some areas like Boston, Silicon Valley, and Austin TX in the U.S. and Cambridge in the UK, were able to construct successful Eco-systems for NTBFs to thrive, grow and agglomerate, while others were unsuccessful, by applying the Eco-system Construction Model deducted from previous studies. Based on the research findings of this paper, we also outline our recommendations for a revision of the U.S. innovation model by clarifying its advantages and disadvantages. The U.S. model was introduced in Japan at the end of the 1990s and prompted a number of new innovation policy projects including the '1000 University Start-up Venture Scheme', the 'Industrial Cluster Project' and the 'Knowledge Cluster Initiative.'

Examining and Exploring Indonesia Small and Medium Enterprise Performance: An Empirical Study

Abstract: This study attempts to explore and examining about Indonesia Small and Medium Enterprise (SME) performance through relationship with strategic management theory. We apply strategic management model into our research to explain the relationship of firm performance with firm determinants. Firm strategy, external environment factors and internal resource factors of firm will be used as determinant of firm performance. Samples from Indonesia SME are collected and statistical analysis is applied to produce valid results. Result shows direct positive relationship of firm strategy and internal factors of firm with firm performance. Direct positive relationship of external and internal factors of firm with firm strategy also recorded. Our finding shows that high perform firms of Indonesia SME tend to use differentiation strategy, emphasize on organization assets and human resource capabilities, and focus more on customer needs