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Barriers to Small and Medium Enterprises in Kosovo

Barriers to Small and Medium Enterprises in Kosovo

Primary research is defined as original research, “carried out to answer specific issues or questions. It can involve questionnaires, surveys or interviews with individuals or small groups” (Business dictionary, par.1). This particular research project employs interviews and surveys as means of conducting a quantitative and qualitative analysis - which can later be used to compare and relate with already existing secondary data. The interviewees which have participated in this research project include representatives of SMEs from various sectors, such as the wood processing, agriculture, construction, retail and service sector. The interviews were in-depth, face-to-face, discussions. Individuals were randomly selected to be interviewed in order to attempt to create a sample which corresponds to the entire population – meaning a sample representing the population. By following such a random sampling approach, I tried to minimize biases; though, we have to acknowledge the fact that a small qualitative sample size of 12 interviews is bound to lead to biases and errors. Hence, secondary data were also used to compare and contrast the findings from the interviews.
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The Impact of the Barriers in Development of Small and Medium Enterprises

The Impact of the Barriers in Development of Small and Medium Enterprises

Abstract The small and medium enterprises (SME) have a very important role in economy due to its contribution in the functioning of the country and generation of job opportunities. Development of SME-s would contribute to envisage many challenges in relation to the economic development, high level of unemployment, demographic growth and the need for structural changes. The importance of the development of small and medium enterprises is very high due to the positive effects in the local economy but in their performance face many barriers that obstruct its development. Identification of the SME barriers remains an important challenge for the owners, managers, policy makers and including the entire society; therefore in this presentation I would try to elaborate the issue of the Impact of barriers in development of the SME-s in Kosovo. The aim of this study is to review the importance of the barriers on development of SME-s in Kosovo and identification of the ways to possible minimization of them. Finalization of this study would enable its adequate addressing on the matter and would enable extraction of the necessary recommendations to further struggle the barriers that would have an impact in development of the small and medium enterprises in Kosovo.
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The role of small and medium enterprises in economic development - The case of Kosovo

The role of small and medium enterprises in economic development - The case of Kosovo

In Kosovo during the last decade, a valuavle experience was achieved by increasing and development of of private enterprises, small and medium enterprises. Despite the achieved success, private enterprises constantly complain about the difficulties that they encounter when developing their business activities but as an example in Kosovo’s SME we do stil face with higher interest rates when taking loans.Likewise, these private enterprises in the country are still not well enough stimulated due to application of overwhelmed laws. Therefore it is needed a new inventory of legislative developments, but also should be requested the evaluation for the implementation of new legislation.This paper aims to reflect the role of small and medium enterprises in the post war Kosovo in economic development, increase of employment and alleviate poverty, obstacles that they encounter during their establishment and development which affect barrier not to develop entrepreneurship development innovation skills, etc, also some advantages that they assist their funcioning…
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Barriers to Women Leadership of Small and Medium Enterprises in Nigeria

Barriers to Women Leadership of Small and Medium Enterprises in Nigeria

Abstract Management literature lacks a deeper understanding of barriers to Small and Medium Enterprises (SME) leadership among women entrepreneurs in Nigeria focusing on women leaders’ daily business experiences, their agency, and their entrepreneurial context. Women in Nigeria seeking promotion to leadership roles in SMEs continue to look for answers on how to surmount the multiple barriers hampering their leadership aspirations. To address this need, this study was designed to explore how women entrepreneurs in Nigeria describe barriers to SME leadership through narratives about their daily business experiences, their agency, and their entrepreneurial context. The women’s entrepreneurial development in Nigeria, the Nigerian women’s entrepreneurial leadership style, and the agentic behavior of women leaders provided the conceptual framework for this work. A qualitative narrative inquiry method was adopted, and data were gathered through face-to-face semistructured interviews. The participants were a purposeful sample of 10 Nigerian women entrepreneurial leaders over the age of 30. The transcribed interviews were analyzed using thematic analysis. Five thematic categories emerged and were used to answer the research question. Study findings showed that Nigerian women entrepreneurial leaders face challenges due to family, gender, and patriarchal attitudes of the culture. The study shows the experiences, challenges, and triumphs of these courageous and resilient Nigerian women entrepreneurial leaders.
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Innovation and Barriers to Innovation: Small and Medium Enterprises in Addis Ababa

Innovation and Barriers to Innovation: Small and Medium Enterprises in Addis Ababa

With increasing competition and quickly spreading of knowledge, the future of many businesses depend upon their ability to innovate. However, empirical and environmental scan evidence shows that low technological innovativeness of small and Medium Enterprises (SMEs) in Addis Ababa. Thus, this study examines barriers for technological innovation in SMEs. The data for the study was collected from four selected sub cities of Addis Ababa SMEs (Akaki, Bole, Kirkos and Yeka). The questionnaires were distributed randomly for 207 SME managers and/or owners to gather the needed information. The data gathered from managers or owners’ using ordinary scale was analyzed quantitatively. On the other hand, interview data from official of sub cities was analyzed qualitatively. The mean, mode, percentage, and correlation analyses were used to process variables and data analysis. The result of this study indicates that the major barriers of introducing or expanding technological innovation for the sampled SMEs are: lack of government policy and regulation, lack of technological and market information, inadequate research and development, high cost of innovation, organizational culture, size of enterprise, lack of skilled personnel, lack of finance and absence of cooperation. In addition, the comparative analysis indicate that, except government policy and regulation, organizational culture, size of enterprise & lack of skilled personnel, all other factors were considered to be an important barrier to industry level and both for Small and Medium Enterprises. Similarly, all factors have statistically significant relationship for Industry, Small and Medium specific, except lack of cooperation, it is statistically insignificant for SME’s specific technological innovation.
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Development and Management Perspective of Small and Medium Enterprises in Kosovo

Development and Management Perspective of Small and Medium Enterprises in Kosovo

Currently, there is an unfavorable environment, and the absence of creative and entrepreneurial culture, today the economy is changing, providing opportunities for new businesses. The private sector has a direct impact in the field of technology, in bringing healthy competition, opening new jobs and offer rich product in local markets. According to some research from the current situation in Kosovo and in the region we can say that the level of SMEs, despite the continuous development is facing a number of barriers that have to do with the lack of legal environment, unfair competition and lack access to external sources of financing (Financial of SME development draft research report, 2010).
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The Business Environment and Problems of Small and Medium Enterprises in Kosovo

The Business Environment and Problems of Small and Medium Enterprises in Kosovo

Kosovo does not have any document (or program) clearly and reasonably defining economy policy reforms, thereby referring and implementing good practices recorded in other countries. The Government of the Republic of Kosovo, and more specifically the Ministry of Trade and Industry is the institution basically mandated to address the business environment. The MTI has guided its policies towards tackling the indicators of the World Bank “Doing Business” Report, and has taken the following steps: elimination of work permits, free of charge business registration, elimination or reduction of the capital requirement, reduction of import/export documents, and improvement of investor protection, part of the five-piece reform undertaken by the MTI.
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Micro , Small and Medium Enterprises in Tajikistan: Drivers of and Barriers to Growth

Micro , Small and Medium Enterprises in Tajikistan: Drivers of and Barriers to Growth

Drivers of and Barriers to Growth Kanat Tilekeyev Abstract This paper presents the results of a study of the micro-, small and medium enterprise (MSME) sector in Tajikistan, with a focus on its role in the economic growth of the country. Tajikistan has experienced a significant improvement in economic performance during the last decade. This growth is evident in sectors in which MSMEs operate, suggesting the need to better understand the sector and its role in national economic growth. The paper describes the results of a survey of 325 randomly selected, cluster-based enterprises in three key economic sectors in urban and rural areas across Tajikistan: retail trade and services, transportation and agriculture. The dataset provides detailed information on the personal characteristics of entrepreneurs, as well as specific factors influencing the growth of MSMEs, including labour, capital, information and barriers to growth. Analysis of the determinants of making investments, as well as the success of investment decisions of urban entrepreneurs, provides insight into the necessity of developing education opportunities on business and financial planning for MSME owners.
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Micro-, Small and Medium Enterprises in Tajikistan: Drivers of and Barriers to Growth

Micro-, Small and Medium Enterprises in Tajikistan: Drivers of and Barriers to Growth

Drivers of and Barriers to Growth Kanat Tilekeyev Abstract This paper presents the results of a study of the micro-, small and medium enterprise (MSME) sector in Tajikistan, with a focus on its role in the economic growth of the country. Tajikistan has experienced a significant improvement in economic performance during the last decade. This growth is evident in sectors in which MSMEs operate, suggesting the need to better understand the sector and its role in national economic growth. The paper describes the results of a survey of 325 randomly selected, cluster-based enterprises in three key economic sectors in urban and rural areas across Tajikistan: retail trade and services, transportation and agriculture. The dataset provides detailed information on the personal characteristics of entrepreneurs, as well as specific factors influencing the growth of MSMEs, including labour, capital, information and barriers to growth. Analysis of the determinants of making investments, as well as the success of investment decisions of urban entrepreneurs, provides insight into the necessity of developing education opportunities on business and financial planning for MSME owners.
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Adaptation and Barriers of E-commerce in Tanzania Small and Medium Enterprises

Adaptation and Barriers of E-commerce in Tanzania Small and Medium Enterprises

They classified the barriers into five barriers: technical, organizational, social, management support and financial barriers. More recently, (Alamro and Tarawneh ,2011) brief the factors influencing e-commerce adoption in SMEs in Jordan into three contexts; these contexts were external environmental context; strong competition, global economy, regional trade agreements, extremely low labor cost in some countries, frequent and significant changes in markets and increased power of consumer. Organizational context; changing nature of workforce, management support, financial resources, increased importance of ethical and legal issues, increased social responsibility of organizations and rapid political changes and technological context ; increase innovations and new technologies, e-commerce benefits, e-commerce barriers and rapid decline in technology cost vs. performance ratio.
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Modeling the Individual Knowledge Sharing Barriers in Small and Medium Enterprises: An ISM Methodology

Modeling the Individual Knowledge Sharing Barriers in Small and Medium Enterprises: An ISM Methodology

Shweta Tandon 1 , Ashish Dwivedi 2 , Ubaid Ahmad Khan 3 1,2 M.Tech Student, 3 Associate Professor, Dept. of ME, Shambhunath Institute of Engineering& Technology, Allahabad, India Abstract— Knowledge sharing is one of the knowledge management fundamental activities in which management and knowledge management has been focused. Effective KS depends on several factors, some of these factors facilitate KS activities and some factors prevent effective KS. Effective knowledge transfer and sharing Factors can be divided into two factors which will be soft and hard. Based on communication model this paper studies barriers of knowledge sharing in organization. The objective of this paper is to develop the relationships among the identified IKS barriers. Further, this paper is also helpful to understand mutual influences of barriers and to identify those barriers which support other barriers (driving barrier) and also those barriers which are most influenced by other barriers (dependent barrier).
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Export Barriers to halal food processing small and medium enterprises (SMEs) in Malaysia

Export Barriers to halal food processing small and medium enterprises (SMEs) in Malaysia

The aim of this research is to examine the factors obstructing the Malaysian halal food processing SMEs in their exporting efforts. Enhancing the export performance of halal food processing industry is crucial in materializing Malaysia’s dream of becoming global halal hub envisaged in Third Industrial Master Plan (IMP3), 2006-2020. The data was generated from 181 randomly selected SMEs from 12 states of Malaysia engaged in exporting halal processed foods through a structured questionnaire. Factor analysis, Kaiser- Myer- Olkin (KMO), and Reliability tests were conducted in order to derive perceptions of SME exporters about export barriers. The results indicate that procedural barriers are more obstructive than internal and external barriers. Non recognition of food quality assurance certificate, high tariff, inadequate tax incentives to encourage export, lack of government assistance to overcome export barriers, very high standards for export products, delays in payment, inadequate market information and need of excessive documentation and paper work were viewed as crucial procedural barriers to export. The result of the study will help halal food manufacturers and exporters to be more serious in attaining competitiveness and setting suitable business strategies to sustain their presence in competitive international markets. It will also help the support providing agencies of public and private sectors to modify the existing policies or formulate new ones in favor of halal food processing SMEs.
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Barriers and solutions for Lithuanian small and medium enterprises export to the middle east region

Barriers and solutions for Lithuanian small and medium enterprises export to the middle east region

Atsižvelgiant į bendrą smulkaus ir vidutinio dydžio įmonių atsakymų tendenciją buvo atrasti septyni išoriniai eksporto barjerai (žr. 31 pav.): (1) Įmonei sunku užmegzti ir palaikyti ryš[r]

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Planning, Problem Solving and Decision Making Process - Case Study in Small and Medium Enterprises in Kosovo

Planning, Problem Solving and Decision Making Process - Case Study in Small and Medium Enterprises in Kosovo

Planning can be further defined in terms of whether it’s formal or informal. All managers plan, even if it’s only informally. In informal planning, very little, if anything, is written down. What is to be accomplished is in the heads of one or a few people. Furthermore, the organization’s goals are rarely verbalized. Informal planning generally describes the planning that takes place in many smaller businesses. The owner-manager has an idea of where he or she wants to go and how he or she expects to get there. The planning is general and lacks continuity. Of course, you’ll see informal planning in some large organizations, while some small businesses will have sophisticated formal plans.
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The Influence of Motivation on Job Performance Case Study: Managers of Small and Medium Enterprises (SMEs), Kosovo

The Influence of Motivation on Job Performance Case Study: Managers of Small and Medium Enterprises (SMEs), Kosovo

This study explores the managerial working environment of small and medium enterprises. These findings imply that motivation indeed influences the job performance of managers: the more motivated managers are the higher they perform, and vice versa. This could be due to the fact that managers work in order to provide for themselves and their families a source of income. For others, it enables them to make use of their potentials, skills and abilities. When a manager feels that he is earning a reasonable amount of money or he is making use of his skills and abilities, then that manager will be of a higher performance. On the other hand, when a manager feels that he is not earning enough or he is not making use of his abilities, then that manager will perform poorly.
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Entrepreneurial income and barriers to firm growth: a study of rural small and medium enterprises in Uganda

Entrepreneurial income and barriers to firm growth: a study of rural small and medium enterprises in Uganda

Several empirical studies have used the lifecycle theoretical model by Modigliani as cited in Deaton (2005) as their favoured approach to understanding the fiscal behaviour of SMEs (Phelps, 2007; Nofsinger, 2011 and Holzl, 2009). In line with these studies, Fatoki and Asah (2011) observed that SMEs that have been in business for more than five years have a far better chance of being successful in their credit applications compared with SMEs established for less than five years. From the banks’ perspective, experienced entrepreneurs are believed to be better performers than less experienced entrepreneurs. It is therefore cogent to factor experience into the process of appraising the solvency of SMEs (Gompers, 2010). In a study by Atupele (2013) using company level statistics from the World Bank Enterprise Survey, results indicated that firm size and asset structure, access to information and interest rates considerably determined the use of debt financing, while firm age and trading history were moderately decisive in determining the use of debt financing. The results also indicated that there were noteworthy differences in the use of debt financing between small and medium firms, with small and younger firms using less debt compared to medium firms.
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Barriers to financing small and medium business enterprises in Poland

Barriers to financing small and medium business enterprises in Poland

e-mail: w.grzybowska@pb.edu.pl The access to finance is indispensable for the efficient allocation of capital and the enterprise development. However, when compared with large enterprises, small and medium enterprises face many difficulties when pursuing to procure financial resources, which are due to several causes, including: the unstable and inadequate juridical and legislative framework, which does not support the relationship between capital providers and the enterprises that require financing, incomplete information and even lack of information from the part of both capital providers and enterprises, which prevents the development of normal and efficient relations between them; lack of a credit history and insufficient guarantees for creditors, especially in the case of the small and young firms; limited and, sometimes, inadequate range of financing products.
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Barriers to innovation amongst small and medium-sized enterprises (SMEs) in Portugal

Barriers to innovation amongst small and medium-sized enterprises (SMEs) in Portugal

acordeiro@dps.uminho.pt filipadv@dps.uminho.pt Abstract: The importance of innovation on the survival and competitiveness of organizations is an undeniable fact. Small and Medium enterprises (SMEs) represent 99,99% of all Portuguese firms. This reality is shared by other European countries and therefore it is relevant to study their innovative behaviour and attitudes in order to achieve competitiveness and sustainability. The present study inquires about barriers to innovation, namely, what are the barriers faced by domestic companies, which barriers are easier to recognize and overcome and what is the level of importance they have on the firm point of view. The course of the investigation consists primarily in undertaking literature review on topics such as innovation, barriers to innovation, SMEs, strategy and competitiveness. The theoretical support, resulting therefrom leads to the building line of work that is embodied in two surveys. The results achieved made possible the creation of two new models of classification and segmentation of the barriers. The BARINOV Model that evidences the existence of internal or external barriers and flashes upon the concept of deviation barrier. The BARIFASE Model embodies the innovation process through three phases and evidences the occurrence of the barriers to innovation during these stages.
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Lending to Small and Medium Enterprises

Lending to Small and Medium Enterprises

Second, the identification and lowering of barriers to entry for non-bank SME lenders should also be considered. In this regard, two major categories of non-bank lenders have been targeted by international regulators – non-bank online lenders and securitisers. This segment is still embryonic in the Australian SME lending market. The biggest barrier to non-bank online lenders competing in SME loan provision is their ability to generate sufficient capital to lend either off their own book or through a managed trust structure. However, the success of the aforementioned US online non- bank lenders in attracting investor funds suggest that it is possible. An alternative structure, and one that is growing in popularity in the housing lending market internationally, is peer-to-peer based lending.
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Supporting small and medium enterprises

Supporting small and medium enterprises

A number of challenges contribute to make financing more complicated for some SMEs. SMEs typically are able to offer less in the way of collateral, which reduces their ability to borrow, especially in the case of young firms or companies whose main assets are intangible. Equally, banks may perceive SMEs as being riskier than larger firms, and therefore reduce lending to SMEs to minimise risk. These challenges in turn contribute to many SMEs, up to 40 per cent according to Department for Business, Innovation and Skills (BIS) research, failing to seek finance because they believe the barriers to be too great. According to research carried out by the FSB,
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