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Предпринимательство и управление организацией

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Объем 10, Проблема 7 (2021)

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Globalization of the Family Business - Public Policies, Innovation, Firm Growth and Contribution in Gdp

Anu Priya*

The contribution of family businesses to wealth creation, wealth preservation and wealth distribution globally is commendable, and their unique approach of looking at their businesses over generations and as an investment for the future ensures a long- term perspective with respect to decision making and provides stability to the economy. Now, the paradigm shifts on the regulatory, operational and technological fronts are driving family business heads to continuously innovate their products or services and become more perceptive and agile in order to grow. The unquoted companies across Europe, are about 70-80 per cent of enterprises are family businesses.

Most family businesses inherently display characteristics of entrepreneurship, dynamism, resilience, sustainability, innovation, vision and more. Study shows family business makes up half of the listed firms, and three quarters of all firms, accounting for one-fourth of total employment, and one-fifth of GDPs. Up to 90 per cent of worldwide GDP is generated by family businesses. Their importance has increased during the period studied.

The research will focus on study of family business in contribution of GDPs and economic development. The process will show interconnection between globalization and family business. The research will identify the theories of how small businesses expand globally, what are the key players supporting businesses in their expansion, how new research and innovations impact businesses, what are the strategies they need to follow or they are following to sustain in the competitive environment.

Moreover, the study will illustrate how various key actors, including those from the informal sector, government sector and non-government sector are perpetuating the current system of policies into everyday challenge, innovations, strategies and have an impact on gross domestic product (GDP). The biggest barrier among family-firm internationalization scholars is that family management discourages internationalization. This is because selling abroad is said to require more specialized managers and more resources than selling at home, and yet family firms are unwilling to recruit non-family managers with the required international skills and to dilute their control to obtain the necessary finance. The research will add to the literature by including all listed firms and by investigating a longer period than has heretofore been reported and analyze the proportion of family business and its contribution to employment and gross domestic product (GDP).

The results are intended to contribute towards identifying different forms of authority whether policies encouraged or discouraged the growth of family businesses along the lines of institutionalization, legalization and participation. The research will also identify the sources of access to finance, use of business support, capabilities, and obstacles to business success.

The overall objective of this study is to explore the actual contribution of family-owned enterprises to the economic development globally and find the more scopes for the further development of family-owned enterprises by reducing the existing limitations. Additionally, the study will provide recommendations for creating a sustainable global competitive environment for family businesses in current and future scenario.

История болезни

Pathways for Indigenous Entrepreneurs in Mutare City Green Market Industrial Area

Stephen Mwenje*

The quest to tackle the unemployment challenge in Zimbabwe is high on the government of Zimbabwe’s agenda. The city of Mutare is not spared as it has a high rate of formal unemployment that gave to rise to informal artisanal activities in the Green market industrial area. However, majority of start-ups struggle to expand and employ more labour force. It was against the backdrop of these constrains that this study sought to investigate how artisanal entrepreneurs in Mutare’s green market industrial area identify opportunities to expand their business ventures. The study was qualitative and used a multiple case study method. The population was 97 entrepreneurs in the green market area categorized into cases of 29 entrepreneurs on serviced industrial stands, 35 on council rented stalls and 33 on open spaces and by the roadside. Purposive sampling was used to select 31 entrepreneurs from three different cases. Participant observations, unstructured interviews and semi-structured interviews were used to generate data to build cases. Thematic analysis was used to analyse data. The study established cases of entrepreneurs at various sites. In each case, opportunities for business expansion was influenced by various dynamics. The study concluded that venture expansion is influenced by entrepreneur prior knowledge, experiences, and social networks. The study recommends that city fathers provide more land and built more industrial sites. Zimbabwe Open University must initiate training to address skills needs of budding entrepreneurs.

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Electronic Waste Management – A Tamilnadu Perspective

Selvaraj N*

The usage of electronic devices is increasing day by day. Developed and developing countries, both are equally responsible for generating E-waste. Technology has short span of life. It has no shelf life. Change in technology takes place quite often; therefore the older one becomes redundant and turns into waste when new version of technology is emerged. This leads to generation of E Waste on a massive scale. In the technical era, every day companies are finding new electronic items and accordingly satisfy consumer needs. Consumers also express their interest in buying the electronic goods immediately after the electronic goods are introduced in the market. To examine the various ways to solve E-Waste problems. To assess the impact of E-Waste management to the local communities. The ‘t’ test is used to find out the significant difference among the two group of samples regarding any intention variable which is internal scale. The cause and effect relationship between dependent and independent variables are carried out by the Multiple Regression Analysis. The aspects of harmful E-Waste for the environment, reasons of increasing E-Waste, Useful method of Disposal of E-Waste, ways to solve E-Waste problems and impact of E-Waste management to the local communities have been measured with the help of the variables drawn from previous studies. The regulations with regard to the management of E waste has to be simplified so that manufacturers, dismantlers, authorized recyclers and other related parties can perform better for effective and timely disposal.

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Opportunity to Develop Tourism Potential based on Enterpreneurial Outbreaks of Endemic Covid-19 in South Sulawesi Indonesia

Andi Cudai Nur, Burhanuddin, Risma Niswaty, Slamet Riadi Cante, Haedar Akib

This study aims to look at how entrepreneurship in tourism captures opportunities in the Covid-19 phenomenon that is endemic in Indonesia, and explains the essence and orientation of opportunities to develop the potential of leading entrepreneurship-based tourism. The approach used is quantitative and qualitative techniques, related to philosophical considerations, the application of quantitative and qualitative approaches, and the mixing of these two studies in one study. The results showed: 1. Tourism potential in Sinjai Regency, 2. The development of both local and foreign tourists in Sinjai Regency. The tourism potential and tourism development in Sinjai need to be supported by the tourism industry based on entrepreneurship in each tourism destination, through several functions, such as preparing various breakthroughs in preparing and overcoming various unexpected problems both now and in the future, such as: regulating the tourism industry by planning operational activities and procedures in carrying out activities of international standard by formulating standardization policies, recommendations and technical guidance, evaluation, reporting and implementation in the development of the tourism industry, also providing professional facilities in the tourism industry with guidance and technical guidance for tourism businesses regarding standardization, norms, criteria and verification, ease of business by mapping and promoting business investment in the tourism industry through coordination, cooperation, in the context of the smooth implementation of tasks. Local governments, entrepreneurs and the wider community are expected to capture the various opportunities available to increase sources of income in supporting development in Sinjai.

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E-Waste Management and Its Business Opportunities at Tamilnadu

Selvaraj N*

The usage of electronic devices is increasing day by day.Developed and developing countries, both are equally responsible for generating E-waste. Technology has short span of life. It has no shelf life. Change in technology takes place quite often; therefore the older one becomes redundant and turns into waste when new version of technology is emerged. This leads to generation of EWaste on a massive scale. In the technical era, every day companies are finding new electronic items and accordingly satisfy consumer needs. Consumers also express their interest in buying the electronic goods immediately after the electronic goods are introduced in the market. To examine the various ways to solve E-Waste problems. To assess the impact of E-Waste management to the local communities. The determination of sample size is a very important issue, because samples that are too large may waste time, resources and money. Descriptive analysis is an important tool used to assess the socio economic implications of E-Waste management and its business opportunities in Tamilnadu. The opinion regarding Control, Dismantling and Reuse, Refurbishment and reuse and Segregation of ferrous metal, non-ferrous metal and plastic are not equal to average level. Based on mean score, the opinion regarding all these statements of Treatment and Disposal Options are above average level. Authorized E-waste recycler must upgrade their processes and make sure they adhere to best quality standards. They must be transparent and accountable for their functioning and have to upgrade their systems.

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