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1Full Thesis -Mohamed Burci- THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH IN PUNTLAND-libre 11
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Scholarly Journal of Arts & Humanities
Dama Academic Scholarly & Scientific Research Society
This study, the role of small business in economic growth in Puntland, was undertaken to find out the role of small business in Puntland and its impact on the economic growth of Puntland. Small Enterprises are accepted globally as a tool for empowering the citizenry and economic growth. It has been associated with rapid economic growth of the well developed countries across the world. In Somalia since the government was collapsing in 1992 efforts have been made by the citizens of the country to establish their own small scale businesses and therefore step by step they succeeded their dreams and established lot of small businesses, employed lots of people invented new buildings and infrastructure and later on established companies. A total of 90 small business owners were randomly selected from the cities; Bosaso, Galkaio and Garowe. A questionnaire was constructed and distributed to the selected people. The responses were collected and analyzed using Excel sheet 2013 for analytical tool.
Krzysztof Wach
The objective of this chapter is to present and discuss various criteria enabling to define the size of the business unit, distinguishing, micro, small, medium-sized and large enterprises, as well as to outline the importance and role of the SME sector in the modern economy. The chapter is based on the literature review and its critics, what is else, statistical data were used to illustrate the elaborated themes.
Jelena Mićić
Small enterprises, within the market economy, are initiators of economic development and an important part of every national economy. Due to the nature of private property, entrepreneurial spirit, flexibility and adaptability, as well as their potential to react to the challenges and turbulences in the environment, small businesses give a special contribution to economic growth and higher employment. Entrepreneurship and small business represent a significant and fundamental source for creation of new jobs and expansion of new business practices by providing a significant contribution to economic growth. This applies both to small businesses in the Republic of Srpska and the ones that are located anywhere in the world. The role of small enterprises is especially important in transition countries. During the global economic crisis, small businesses have, both in developed economies, and in the Republic of Srpska and BiH as a whole, proved to be resilient, although this period was cha...
RePEc: Research Papers in Economics
Kelly D Edmiston
Djamel Ouinas
Journal of Management and Corporate Governance
Rasak Bamidele
ABSTRACT The emergence of small and medium scale enterprises (SMEs) is a major catalyst and a key success factor for the development, growth and sustenance of the Nigerian economy. Most government and business circles have come to recognize the importance of small and medium scale enterprises (SMEs) and have consequently agreed that their growth constitutes one of the corner stones of economic developmen., It is on the basis of this that the study of financing of small and medium scale enterprises (SMEs) in Amuwo Odofin Local Government of Lagos state is being embarked upon. The study also examines how government and other agencies finance SMEs in Amuwo Odofin Local Government area of Lagos State.. The study was guided by network theory. The major concern of the theory is the objective pattern of ties linking the agencies, individual and group of the society. The agencies in this study include banks, cooperative societies, and government, among others.Quatitative and qualitative method was used to collect data for the study. Fifty(50) samples of respondents were selected from the Local Government Area. The data gathered was analyzed using descriptive statistics such as frequency distribution, while the qualitative data was subjected to content and descriptive analysis. Key words: Small and Medium Scale Enterprises, micro and macro structures, agencies and Economy development.
Hazelyn Maranan
This term paper, which is entitled “The Significance of Micro and Small Enterprises in our Domestic Economy”, discusses the impact that small businesses do to the economy of the Philippines. It will cover both the positive and negative impacts of Micro and Small Enterprises to weigh its actual significance to the domestic economy. This paper will explain whether or not small businesses have a small or big contribution in developing the local economy, and to suggest courses of actions in stimulating economic growth. Through this, Filipinos will know if it’s good to invest, support and encourage small businesses.
Brychan Thomas
The International Journal of Business & Management
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Business Thesis Statements Samples For Students
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ESSAYS ON INNOVATION, HUMAN CAPITAL, AND SMALL BUSINESSES
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This dissertation comprises three essays that explore how human and social capital influence innovation and promote firm dynamism, particularly for small businesses. It studies how firms' uptake of projects is shaped by the local environments, such as superstar firms, talent clusters, and local social capital.
In the first essay, I study the labor channel underlying the agglomeration of innovation activity. It identifies the reallocation of human capital as a key channel of agglomeration spillovers for innovative firms. To measure agglomeration spillovers, I study how R&D labs in different local labor markets respond differently to scientific breakthroughs, which create large and unexpected shocks to innovation productivity in certain technology categories. I document four main findings. i), following scientific breakthroughs, affected labs in thicker local labor markets (i.e., commuting zones with more inventors innovating in a certain field) produce more patents and higher-quality patents, consistent with positive agglomeration spillovers. ii), the increase in patenting is mostly attributed to new hires rather than incumbent inventors. iii), the thick labor market effect is concentrated in states and industries where there is lower enforceability of non-compete agreements and labor is more mobile. iv), using textual analysis to identify lab-level exposure to scientific breakthroughs, I find that inventors are reallocated to labs that are more favorably affected by shocks, which helps labs in thicker labor markets to more easily bring in inventors working in the same niche fields and having a diverse knowledge base. Taken together, these results point to labor mobility as a key force in explaining why innovative firms cluster and suggest that the clustering of firms in thick labor markets can foster corporate innovation by facilitating the productivity-enhancing reallocation of human capital following scientific breakthroughs.
In the second essay, I identify the entry effects of top innovative firms on incumbent innovation. I exploit the inter-temporal variation in patenting activities of local inventors in chosen commuting zones that attracted the firm headquarters and in runner-up commuting zones that were finalists of location choice. Treated and control groups have similar trends prior to the entry, while the local inventors in the chosen zones apply 6.7% more patents, gain 16.8% more top patents, and receive 11.6% more citations. Entry effects are stronger among local inventors who are technologically or socially closer to the entering firm, after controlling for innovation incentives and labor mobility. Social closeness, isolated from technological proximity, consistently explains the innovation gains, which suggests knowledge diffusion is the important channel for local innovation productivity spillovers.
In the third essay, we investigate why small businesses exploit business opportunities better in some areas than others. In a sample of 1.2 million consumer-facing establishments, social capital predicts the uptake of risk-free loans controlling for close-by bank branches, income, and education. One standard deviation increase in the social capital metric accounts for 20 percent of the variation in uptake across zip codes, surpassing the impact of a bank branch within 1000 yards. Strong social capital benefits large, low-growth stores in less-dynamic areas, whereas bank branches benefit small, high-growth stores in more-dynamic areas. Virtual connections have the greatest effect on uptake in already advantaged locations.
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Second, we present a way to examine small business management practices more holistically, as a set of activities by applying a recently-expanding methodological approach, fsQCA, to small business study. Three sections follow: a description of the SMPs explored in the present study, a review of the methods employed and our results, and a ...
2013). Small businesses have comprised 99% of all employers and accounted for 64% of net new private sector jobs in the United States (Diler, 2017). In the District of Columbia, small businesses make up 98.2% of all companies and employ 48.5% of the workforce (Small Business Administration [SBA], Office of Advocacy, 2017). However, more than
The effect of entrepreneurship training on entrepreneurial orientation: Evidence from a regression discontinuity design on micro-sized businesses. Article. Nov 2021. Ammar Aamer. Mohammed Ali Al ...
Small business manufacturing enterprises represent viable means of creating employment, stimulating economic growth, and accelerating development. Many newly formed small business enterprises do not continue beyond 5 years after formation. The purpose of this multiple case study was to explore the strategies used by small business
Some small businesses have slower growth as they age and have limited strategies to maximize profit, productivity, and job creation. The purpose of this qualitative study was to explore the strategies small business managers use to capitalize on growth opportunities. Area small business managers and support program stakeholders could
Conclusion. Small businesses transform and develop communities. Entrepreneurs create ways to connect resources and growth across cultures, policy contexts, economic conditions and political situations that differ from a region to another (Carrasco-Monteagudo and Buendía-Martínez Citation 2013).They must create strategies that will ultimately resolve major economic and social challenges and ...
The impact of COVID-19 on small business outcomes and expectations*. Alexander W. Bartik, Marianne Bertrand, Zoe Cullen, Edward L. Glaeser, Michael Luca, and Christopher Stanton. Abstract To explore the impact of COVID on small businesses, we conducted a survey of more than 5,800 small businesses between March 28 and April 4, 2020.
To explore the impact of coronavirus disease 2019 (COVID-19) on small businesses, we conducted a survey of more than 5,800 small businesses between March 28 and April 4, 2020. Several themes emerged. First, mass layoffs and closures had already occurred—just a few weeks into the crisis. Second, the risk of closure was negatively associated ...
of small business, identified and selectedusing the theory and the most relevant models of life cycle of small business growth. The theoretical and practical implications of this research refer to identifying and stressing important aspects of performance that can stimulate the growth of small business, and to apply the model of research on growth
In this doctoral thesis, the term small business and small and medium sized enterprises (SMEs) are used interchangeable. Both terms reflect the European Union Commission Recommendation 2003/361/EC as published in the . Official Journal of the European Union . L 124, p.36 of 20 May 2003, micro enterprises are included in the ...
total loans to SMEs from the small banks, micro counties have $11 million, and. rural counties have $3.4 million in total loans. However, the median level of loan amount in metro counties is $9.7 million, in micro counties it is $4.7 million, in. rural counties it is $0.36 million.
The successful establishment and subsequent development of new firms have long been a source of interest for researchers. However, there is still limited evidence with regard to causes of both start-up size and firm growth in transitional contexts characterised by extreme conditions such as Kosova. In this study we examine entrepreneurial and institutional factors influencing initial size and ...
level, successful small business owners create economic growth through (a) the creation. of new products and services, (b) revitalization of communities, (c) new civic alliances, (d) increased job opportunities, and (e) increased tax revenues for local and federal. government (Bygrave & Zacharakis, 2014).
As the study shows most of the small business 37% employ other people so this can support the thesis statement of this study. 4.2.4 The Profit in your business is increasing compared to other players in the market Chart 4.2.4 shows whether respondent's business profit is increasing This chart is pointing that 43% of the respondents agree that ...
The purpose of this research is to examine the impact of factors, related to important strategic characteristics, affecting growth of small business, particularly considering a specific economic ...
Between 2008 and 2014, the Top 4 banks sharply decreased their lending to small business. This paper examines the lasting economic consequences of this contraction, finding that a credit supply shock from a subset of lenders can have surprisingly long-lived effects on real activity. 31 Jul 2017. HBS Case.
The theory on the growth of a firm has been evolving to enrich the entrepreneurship literature. The Schumpeterian growth model is foundational in entrepreneurship based on the ideology that long-run growth is led by innovation and creative destruction (Schumpeter & Nichol, 1934).Other prominent contributors to firm growth, Penrose and Barney (), pondered small firms as a means to competitive ...
companies passively. This thesis analyzed the theoretical view of business ethics and sustainable de-velopment. It also extended to the financial and non- financial aspects of motivation in the organization. The focal point on this thesis was to know if the internal and external factors that affect the organization
4 samples of this type. Regardless of how high you rate your writing skills, it's always an appropriate idea to check out an expertly written Thesis example, especially when you're handling a sophisticated Small Business topic. This is exactly the case when WowEssays.com database of sample Theses on Small Business will come in handy.
The findings indicate that if small business owners can adhere to three strategies. (a) knowing the seasonality of the business, (b) being passionate and dedicated to the. business, and (c) hiring the right employees they may be able to achieve profitability by. the end of the first 5 years of opening their business.
ASSESSMENT OF BUSINESS ENVIRONMENT OF WOMEN INVOLVED IN MICRO, SMALL, AND MEDIUM ENTERPRISES (MSMES) IN THE PHILIPPINES: A COMPARATIVE STUDY WITH SELECT ASEAN COUNTRIES Thesis/Dissertation Adviser: Prof. Carolyn Sobritchea, Ph.D. Faculty of Management and Development Studies Date of Submission 29 August 2020 ...
In this free directory of Business Thesis Statement examples, you are provided with a thrilling opportunity to examine meaningful topics, content structuring techniques, text flow, formatting styles, and other academically acclaimed writing practices. Implementing them while crafting your own Business Thesis Statement will surely allow you to ...
This dissertation comprises three essays that explore how human and social capital influence innovation and promote firm dynamism, particularly for small businesses. It studies how firms' uptake of projects is shaped by the local environments, such as superstar firms, talent clusters, and local social capital. In the first essay, I study the labor channel underlying the agglomeration of ...