Networking for the internationalization of SMEs: evidence from the Chinese context

This research emphasizes the active influence of a firm on network outcomes through its networking behaviour: the antecedent efforts undertaken by the firm to develop, manage, and leverage its networks for actual value creation in enabling/driving internationalization. Networking behaviour at the level of the firm is investigated as a core explanatory factor in the internationalization of SMEs in this study. The influence of the key decision-maker on the networking behaviour of SMEs is also examined. Eight qualitative case studies and a quantitative survey were conducted respectively in two stages to draw empirical evidence from the Chinese context. The in-depth case studies provide rich information about the latent factors (variables) of the constructs of the study and their associations, from which hypotheses for quantitative research are formulated. Case findings also support more comprehensive interpretation of the quantitative results. Quantitative analysis of survey data allows statistical validation and generalization of the findings. Findings of key behavioural aspects of networking concerning the likelihood of SMEs achieving (rapid) internationalization are derived. Network resources are identified to have possibly negative in addition to positive influences on internationalization. The findings highlight the significance of deliberate networking behaviour undertaken by a firm in pursuit of rapid internationalization. The research conceptualizes a precise causal model capturing the networking behaviour of the firm as antecedent to explaining and predicting network outcomes in the specific context of internationalization. The research advances an integrative perspective – with theoretical underpinnings from the network perspective, the internationalization model and the resource-based view – to provide more comprehensive understanding pertaining to networks and the internationalization of SMEs

Which resource acquisition acts drive growth of informal firms? Evidence from Zambia

Purpose: The study seeks to differentiate informal firms with high-growth prospects by their resource acquisition acts and to improve identification of growth-oriented informal firms for effective design and targeting of support measures. Design/methodology/approach: An original set of firm-level data was collected using face-to-face survey in Lusaka, Zambia. Six clearly defined criteria were used to sample informal firms, apart from general informal business. Regression analyses were conducted to test the association of different resource acquisition acts with two growth dimensions: number of employees and business earnings of the 325 informal firms sampled. Findings: Accessing clientele beyond local market, linking up with formal businesses and acquiring information and knowledge via online sources were found influential to growth in business earnings. Surprising, acquisition of finance and skills showed no effect. Employment expansion, though widely used, may not be a stable indicator of informal firm growth. Research limitations/implications: The study highlights the relevance of the emerging entrepreneurship perspective to understanding the topic. It cautions against pre-setting a size threshold for sampling informal firms and against relying on employment expansion as the sole proxy of growth. Practical implications: The findings prompt a rethink of the effectiveness of conventional support programmes to drive growth of informal firms such as funding and training. Directing support measures to target growth-oriented informal firms will lead to creation of decent and sustainable jobs and formalisation. Originality/value: With an original firm-level dataset, the study challenges a long-held assumption that growth of informal firm is negligible and shows that segments of informal firms are sustainable and could attain significant growth and derives new insights into researching and supporting informal firm growth

How do European trade promotion organisations manage their stakeholders?

Trade Promotion Organisations (TPOs) exert significant influence on the internationalisation potential of domestic firms and improving the indigenous country’s trade balance. However, TPOs’ strategies to uphold their impact as to the relationship vis-à-vis their stakeholders are largely unknown. This is an important gap in the literature considering that effective stakeholder management can enhance TPOs’ performance and the value they develop for three primary stakeholder groups, namely home country government, domestic firms and foreign trade offices. In this study, we employ the stakeholder theory and draw upon in-depth case studies of 14 European TPOs to address this gap. We advance six related propositions on how funding sourcing, services to domestic firms and functions of foreign trade offices can be effectively associated with TPOs’ relationship management towards these stakeholder groups. The contribution of the study lies on the application of stakeholder theory in trade promotion and the derivation of related sets of strategies

Feasibility Studies on Deploying a Self-Contained Solar-Hydraulic Pilot Power Plant in a Rural Area in Bangladesh

In October 2017, the World Bank reported that Bangladesh continued to reduce poverty - rural poverty decreased from 35.2 to 26.4 percent between 2010 and 2016, but at a slower pace. It is well-accepted that lack of access to electricity is one of the major impediments to growth and development of the rural economies in developing countries (Khandker et al. 2009). In Bangladesh, only 29% of rural areas were covered by the national grid which took up merely 2.27% of the total energy consumption and almost 94.2% of which came from highly polluting fuelwood and other biomass including leaves, crops and dung (BIDS Survey 2004). The problems rural people face in obtaining safe, clean, and reliable energy supplies represent a significant barrier to rural economic development and social well-being (Barnes et al. 2010). Solar energy is an excellent candidate as it is clean, safe and abundant in Bangladesh. Since early 1990s more than four-million solar home systems (SHS) have been installed in Bangladesh and the number is still increasing. However, batteries, especially lead-acid batteries used as energy storage systems in solar off-grid power plants, are considered highly hazardous to environment due to their chemistry. In an effort to eliminate this hazard a novel design hybridizing solar power with hydro power has been conceptualized. In this design surplus electrical energy generated by the solar plant during daytime is stored as potential energy by pumping water into an overhead tank rather than stored as chemical energy in battery for usage after sunset. A prototype system is being designed to develop the proof of concept where a power plant will be installed in an off-grid area of the Chittagong Hill Tracts in Bangladesh. For this purpose, several villages in Bandarban and Rangamati districts have been surveyed for estimating the load demand of those villages and the affordability of the potential consumers. Based on the survey results, a village has been selected and a prototype solar-hydro hybrid power plant has been designed. A business model has also been proposed. This report presents the survey methodology, data analysis, and the design for the prototype power plant and the proposal business model

Current Status of Solar Home Systems in Bangladesh

No abstract available

Design and Analysis of an AC Coupled Photovoltaic System for an Off-grid Community in Chittagong Hill Tracts

This paper presents the design of an AC-coupled off-grid photovoltaic (PV) system for a remote village in the Chittagong Hill Tracts of Bangladesh which has no access to national utility grid. A field survey was conducted to collect load demand data of the population for designing an optimal PV system architecture to serve that community. The proposed system consists of 18 kW PV arrays, two 6 kW grid-tied inverters, a 6 kW battery inverter and a 19.2 kWh nominal capacity battery bank. Further, the technical feasibility of the system was evaluated using HOMER (Hybrid Optimization Model for Electric Renewable) Pro software. The analytical results indicate that the proposed AC-coupled stand-alone solar system can meet a load demand of 46.58 kWh at daytime and 7.02 kWh at night in that village. Currently, the infrastructure of proposed PV plant as well as the transmission and distribution network are being developed at the selected site. Moreover, insights into the benefits of AC-coupling over DC-coupling for large off-grid systems in remote hilly areas are provided in the paper

Efficacy, safety and immunogenicity of a human rotavirus vaccine (RIX4414) in Hong Kong children up to three years of age: A randomized, controlled trial

AbstractBackgroundA phase III, double-blind, randomized, controlled trial was conducted in Hong Kong to evaluate the efficacy, safety and immunogenicity of a human rotavirus vaccine, RIX4414 (Rotarix™) against severe rotavirus gastroenteritis in children up to three years of age.MethodsHealthy infants aged 6–12 weeks were enrolled between 08-December-2003 and 31-August-2005 and received two oral doses of either RIX4414 vaccine (N=1513) or placebo (N=1512) given 2 months apart. Vaccine efficacy was assessed from two weeks post-Dose 2 until the children were two and three years of age. Anti-rotavirus IgA seroconversion rate was calculated pre-vaccination and 1–2 months post-Dose 2 using ELISA (cut-off=20U/mL) for 100 infants. Safety was assessed until the children were two years of age; serious adverse events (SAEs) were recorded throughout the study period.ResultsIn children aged two and three years of life, vaccine efficacy against severe rotavirus gastroenteritis was 95.6% (95% CI: 73.1%–99.9%) and 96.1% (95% CI: 76.5%–99.9%), respectively. The seroconversion rate 1–2 months after the second dose of RIX4414 was 97.5% (95% CI: 86.8%–99.9%). At least one SAE was recorded in 439 and 477 infants who were administered RIX4414 and placebo, respectively (p-value=0.130). Six intussusception cases were reported (RIX4414=4; placebo=2) and none was assessed to be vaccine-related.ConclusionRIX4414 was efficacious, immunogenic and safe in the prevention of rotavirus gastroenteritis for at least two years post-vaccination in Hong Kong children