Determinants of Small Medium Enterprises (SMEs) competitiveness in the global market”

Darsono, Susilo Nur Aji Coko and Akhbar, Taufik and Ibrahim, Khairunisah and Kurniawan, Dhika Amalia and ., Hendar (2020) Determinants of Small Medium Enterprises (SMEs) competitiveness in the global market”. In: Cross border SMEs: Malaysia & Indonesia. UMY Press, Bantul, Yogyakarta, pp. 191-208. ISBN 9786239168285

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Abstract

The challenges faced by Small medium enterprises (SMEs) are growing rapidly and pushing the firms to improve their competitiveness to enhance the levels of productivity and the existence in international markets. Global challenges, open market competition and information technology develop-ment are the barriers and opportunities they may take advantage of, to be winners in the dynamic global markets. To that end, a survey was carried out in Yogyakarta Province, Indonesia. This chapter aims to identify the key suc-cess factors that influence the competitiveness of SMEs in the globalization era through the challenges that will be faced in the near future. Principle Component Analysis was applied to determine the structure of relationships between many variables in the form of components. Components formed are random quantities that previously cannot be observed, measured and determined directly. This chapter contributes to the theoretical and manage-rial implications on SMEs competitiveness. The main results found that the three components which determined the SMEs competitiveness are Knowl-edge Based Resources, Business Performance, and Operational Effectiveness and Innovations.

Item Type:	Book Chapter
Additional Information:	3565/83857 - Library has no copy
Uncontrolled Keywords:	Competitiveness, Global Market, Principle Component Analysis (PCA), Small Medium Enterprises (SMEs)
Subjects:	H Social Sciences > HF Commerce > HF3000 By region or country H Social Sciences > HF Commerce > HF5001 Business. Business Administration
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User:	Asst. Prof. Dr. Khairunisah Ibrahim
Date Deposited:	21 Oct 2020 15:12
Last Modified:	18 Jan 2021 15:35
URI:	http://irep.iium.edu.my/id/eprint/83857

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