- Corpus ID: 153855721
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Small-Scale Business Enterprises in the Philippines: Survey and Empirical Analysis
- Published 2007
- Business, Economics
- International Journal of Entrepreneurship
6 Citations
Factors affecting entrepreneurship decision in los banos, laguna, philippines, the entrepreneurial process in a remote island context: the case of madeira, entrepreneurship and growth in emerging mini-dragon economies: a south-east asia perspective *, employment in small business sector and its impact on quality of life in russian regions, innovation and sme financing in selected asian economies, a study on the management styles among msme owners in the city of manila, related papers.
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Micro, Small and Medium Enterprises (MSMEs) in the Philippines: What We Know and What We Don't Know
Asian Institute of Management Working Paper No. 13 ― 022
35 Pages Posted: 27 Aug 2013 Last revised: 2 Sep 2013
Steve Z. Almeda
Asian Institute of Management - Policy Center
Ivyrose Baysic
Asian Institute of Management; Ateneo de Manila University - Ateneo School of Government
Date Written: December 13, 2012
The availability of national firm level data particularly on micro enterprises in many developing countries still remains limited up to this date. The Philippines is no exception, which in turn limits the extent of empirical analysis on the economic contributions of micro, small and medium scale enterprises. This paper presents a novel dataset of Philippine micro, small and medium enterprises and the existing literature concerning the challenges and development issues of MSMEs in the industrial and developing countries. Using a dataset on over 1,700 MSMEs collected as part of the AIM Policy Center’s Enterprise Survey 2009, this paper discusses the characteristics of these firms and their perceptions on government policies on improving the business environment. This paper also draws on the wider literature on this topic in order to map out key areas where further information and evidence on Philippine MSMEs could be useful in informing more nuanced and possibly better-fitting policies.
Keywords: small enterprises, firm level data
JEL Classification: P42
Suggested Citation: Suggested Citation
Steve Z. Almeda (Contact Author)
Asian institute of management - policy center ( email ).
Eugenio Lopez Foundation Bldg Joseph McMicking Campus, 123 Paseo de Roxas Makati City Philippines
Asian Institute of Management ( email )
123 Paseo de Roxas Makati City, Metro Manila Philippines
Ateneo de Manila University - Ateneo School of Government ( email )
Pacifico Ortiz Hall, Fr. Arrupe Road Social Development Complex, Loyola Heights Quezon City, Manila 1108 Philippines
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Strategic Marketing Decision Making: Evidence from a Philippine Micro Enterprise Perspective
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Despite the continuous growth of micro, small, medium enterprises (MSMEs) in the Philippines, extant literature reveal that MSMEs suffer unsatisfactory firm performance as a result of poor strategic marketing decisions. Using el for strategic marketing decision process, we determined how MSME business owners make decisions through steps, methods, and contextual factors as variables. Adopting a qualitative case study research design, we conducted in-depth interviews at LMT Enterprises, a micro-firm based in Davao City, Philippines. Using descriptive analysis, we determined the similarities and differences in the process proposed by Jocumsen (2004) for small businesses. Our study revealed that a strategic marketing decision process exists at LMT Enterprises, with decisions involving large-scale investments such as innovations on processes and products; capability development for employees; and diversification decisions. Consistent with previous findings, decision-makers follow less-co...
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Ian Jester de Vera
Cristine Margaret Atienza
Competitive environments have led many businesses to make purely bottom-line decisions despite management theories presenting evidence that humans are at the core of business success. The strong profit motivation has led to corporate behavior that demands more from workers than simply their creative output. This results in situations whereby workers may distance themselves from their humanity to survive. Yet, humankind was created to give life to life. It is imperative therefore, that humans retain their whole selves within and outside their workplace. Organizational leaders help this process by providing value-based leadership that works toward meeting the common good. Keywords: Common good, human development, whole person, integrality, humanistic management,compartmentalization
Management Decision
Mehran Nejati
Given the uprising interest in the environmental responsibility issues among small businesses, the purpose of this paper is to design to probe into the relationship between stakeholders’ influence and environmental responsibility of Micro, Small and Medium-Sized Enterprises (MSMEs), and its consequent outcomes in an emerging economy. A sample of 110 MSME owners participated in this study. Data were collected by means of questionnaire designed to measure the 12 constructs of focus. In order to test the hypotheses and examine the relationships proposed in the research framework, structural equation modelling was performed using SmartPLS. This study revealed that among the primary stakeholders, only employees and customers significantly influenced environmental responsibility practices of MSMEs. Besides, it was found that environmental responsibility results in financial improvements and better relations with employees and customers. This study is limited to MSMEs in Malaysia. Despite the relatively low response rate, which is common in MSME research, the geographic and sector distribution of samples provides a basis for generalizability of the results. Since many MSME owners/managers are sceptical about the benefits of environmental practices, the findings of this study provided empirical support from an emerging economy about the positive outcomes of environmental practices. By examining the key determinants that foster environmental practices in MSMEs, the current study provides important insights for policy makers to encourage MSMEs to initiate such responsible practices, which can lead to environmental preservation. Other than enriching a systems-based view of firms’ environmental behaviour, this study empirically tests a research framework on role of stakeholders in determining environmental responsibility of small firms and their outcomes on firms’ performance.
The International Journal of Business Management and Technology
Cherry Ann Roxas , Donna Rose Ebo
COVID-19 has created an unprecedented crisis for microenterprises and challenged each single enterprise to reconsider its business operations and to adapt to the new unexpected circumstances. The foremost objective of this study was to determine the business resiliency of micro enterprises in Davao del Sur Philippines during Covid-19 pandemic. A descriptive-correlational design was employed with 100 purposively chosen microenterprises. Data were analyzed using frequency, relative frequency distribution and Pearson Product Moment correlation. Data revealed that majority of microenterprises were operating for not less than three (3) years, employing 1-3 workers and earning more than PhP 20,000.00 monthly. Moreover, the most influencing factor of resiliency in microenterprises amidst pandemic is entrepreneurial characteristics. Furthermore, entrepreneurial characteristics, utilization of technology, government support and crisis management showed significant relationship towards business resiliency among microenterprises.
International Journal of Current Aspects
Shadrack Bett
Even though the vision 2030 framework recognizes the micro, small and medium enterprises’ sector as a key driver to achievement of middle income status in Kenya, their contribution to the achievement of this goal especially within Wajir County is dismal. In Wajir County, the 2016 Micro, Small and Medium Enterprises report showed that many of the businesses in the county were stuck at the micro level where only 14 businesses had graduated to medium scaled businesses. It was also among the counties with the lowest change in number of employees when comparing the inception period and the survey period recording a change of 1.4%. The report showed that besides lack of adequate operating funds, limited knowledge and information and poor strategic management skills were the major constraints to the performance of these enterprises. Hence, the county government of Wajir had stepped in to address this challenge by setting up the Wajir County Revolving Fund whose main mandate was to promote ...
JAS (Journal of ASEAN Studies)
Myrtle Faye Solina
The United Nations Conference on Trade and Development in 2017 states that women are deemed important part of a trade. They take part in a wide range of activities in the industry - produce products, commerce of goods across borders, run and own trading firms, and make up a large part of the workforce in export-oriented businesses. Nevertheless, women's potential and skills in trade is still too often held back by the many constraints. Hence, the research endeavours to describe the current demographics, roles, and experiences of women involved in MSMEs, provide information on the current policies programs and services and how these are comparable and contrasting, not to mention recommend measures to address the impeding factors in the Philippines to be compared with Singapore and Myanmar using available secondary information. Through surveys and purposive sampling, the research results show that women’s participation in economic activity, in particular in MSMEs, is primarily aff...
DR. ABIODUN E N I O L A ALAO
International Journal of Business and Management
Margaret Banga
The paper looks at the relationship between the performance of small and medium-sized enterprises (SMEs) in the tourism sector of Uganda and firm characteristics and business environment. Data were gathered after administering questionnaires to 1690 SMEs located around tourist attractions throughout the country in 2018. The study uses quantile regression to analyze the determinants of firm performance. The findings indicate that entrepreneur/managers education, business experience, initial capital, business registration and age of the owner are important in explaining enterprise performance. We also find that male managed enterprises outperform those managed by female. The study suggests that providing easy access to credit for initial capital and easing the business registration process and training entrepreneurs/managers will increase performance of SMEs in the tourism industry.
Leonardo Lanzona
This paper argues that mainstreaming small and medium enterprises (SMEs) and social enterprises (SEs) into various international treaties will require the assumption of positive externalities, which markets cannot fully evaluate. To show this, the possible influence that SEs may have on SME development and, eventually, on employment will be discussed. SEs are small- and medium-sized commercial businesses providing valuable social service to customers and sustainable jobs and training for up to about 200 people. Their goal is to provide public goods to the communities, in the form of increased productivity and employment. What separates SEs from SMEs is that it addresses the social issues at the forefront. Through this paper, the importance of providing such public goods to SME development will be highlighted. This study shall provide inputs to the analytical framework for the Philippines' engagement in APEC under the priority theme of "Mainstreaming Small and Medium Enterpr...
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IMAGES
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The Micro, Small, and Medium Enterprises (MSMEs) play a significant role in developing the Philippine economy by reducing poverty and creating jobs for the country's growing labor force. This ...
Top five (5) challenges for a woman to participate in business were the. following: (1) Lack of financial support with 21%, (2) Gender discrimination. nment transactions with 11%, Lack of businessnetwork with 11%, a. Figure 24: Main Challenges/Barriers in Business Participation of Women in the Philippines.
Exploring and evolving a business incubation model for higher education institutions, John Octavios S. Palina. Theses/Dissertations from 2012 Corporate social initiatives in the Philippines: The experiences of two corporate foundations, Raymund B. Habaradas . The likelihood of corporate entrepreneurship in large corporations, Jafy Lok Tak Ming
Based on the result of the study, access to finance rationalizes the stagnation and survival mentalities of micro and small business owners. Discover the world's research 25+ million members
Philippines or the UP Center for Integrative and Development Studies. Papers in the series are not for quotation or reprinting without permission from the author/s and the Center. UP CIDS DISCUSSION PAPER • 2021-01 Micro, small, and medium enterprise (MSME) sector financing Issues and challenges Ma. Victoria R. Raquiza UNIVERSITY OF THE ...
The micro, small, and medium enterprises (MSMEs) are often thought to be the backbone of an economy whether in emerging or developed countries because these enterprises assist in the country's employment generation. In the case of Philippines, MSMEs comprised 99.5% of the country's business
Our study of 197 small businesses in the Philippines shows that an entrepreneurial strategic orientation enables them to develop a more proactive stance toward environmental sustainability ...
Micro, Small, and Medium Enterprises (MSMEs) are catalysts for inclusive growth and development in the Philippines. In 2018, they accounted for 35.7% of the national economy and contributed 25% to total export revenue. Around 60% of MSMEs are exporters. Due to their sheer number and the millions of jobs they generate, the World Bank (2019) described MSMEs as the "bedrock of private sector ...
The purpose of this study is to present an overview of innovative behavior and perception among SMEs surveyed from the 2015 World Bank Enterprise Survey and from the 2015 Survey of Innovation and Activities of Establishments for the Philippines.
ABSTRACT This paper is a two-part study of small-scale business enterprises in the Philippines: survey and empirical analysis, both of which are combined in an attempt to understand what determines entrepreneurial motivations and success in the Philippines. The survey was conducted in order to study entrepreneurship development and motivations in the Philippines and also to understand the ...
y to launch their own enterprise. In 2014, Global Entrepreneurship Monitor (GEM) delivered a report on the state of entrepreneurship in the Philippines, a thick accou. t of the entrepreneurial ecosystem. This report narrowed down the main determinants of entrepreneurial activity to two: 1) the country's social values toward entrepreneurship ...
Starting in 2010, there was an aggregate of 777,687 business ventures in the Philippines (Khor et al., 2013). Of this figure, MSMEs spoke to 99.6 percent with 774,664 foundations, while enormous endeavors spoke to 0.4 percent with 3,023 foundations ... Small businesses do not share the same financial management problems with large companies ...
The Philippines is no exception, which in turn limits the extent of empirical analysis on the economic contributions of micro, small and medium scale enterprises. This paper presents a novel dataset of Philippine micro, small and medium enterprises and the existing literature concerning the challenges and development issues of MSMEs in the ...
Given the uprising interest in the environmental responsibility issues among small businesses, the purpose of this paper is to design to probe into the relationship between stakeholders' influence and environmental responsibility of Micro, Small and Medium-Sized Enterprises (MSMEs), and its consequent outcomes in an emerging economy.
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. Several themes emerged. First, mass layoffs and closures had already occurred - just a few weeks into the crisis.
Business in the Philippines is dominated by micro, small and medium enterprises (MSMEs) totalling to 816,759 establishments as of 2011. ... (90.6%) of business establishment are micro industries, 59% are engaged in wholesale and retail business. Small enterprises account for 8.6% while medium sized establishments account for 0.4%. On the other ...
Jack (2000) observed that the dynamic and rapidly changing business environment in which most businesses operate has made business environment to have significant impact on organizational survival and performance. This implies that the external environment is complex and constantly changing and its significant characteristic is competition.
SMEs make up 99.6% of businesses in the Philippines. SMEs in the Philippines is characterized as any enterprise with 10 to 199 employees and assets value ranges from 3 million to 100 million pesos ...
hand, small businesses in Ilocos Norte have existed for at least five years and are engaged in retailing and are sole proprietors. Majority of them have at least 10 employees. Micro business and small business owners have the capability to handle and manage businesses as revealed by their level in the personal entrepreneurial competencies survey.
99 employees (Magna Carta of Small Enterprises RA 6977, as amended by RA 8289). As of 2006 there are 783,065 business enterprises operating in the Philippines; 99.7% or 780,469 are MSMEs (micro, smal. and medium enterprises) and the remaining 0.3% or 2,596 are large enterprises. Of the total number of MSMEs, 92% or 720,191 are micro enterprises ...
e the marketing planning process should be based on corporate planning system. These are five steps in the m. rketing planning process: (1) the marketing audit, analytical aid in planning,(2) SWOT analysis, (3) formulation of planning assumption, (4) setting of objectives. and strategies, and (5) development of desire programs of actions (Lao ...
Categorizing Taxpayers: A Mixed-Method Study on Small Business Tax Compliance in the Philippines January 2022 The South East Asian Journal of Management 15(2):212-234
Theses/Dissertations from 2023. Benefits of the technical-vocational education and training for the Filipinos: An impact evaluation study, Martha Joy J. Abing. PDF. Finding meaning in motherhood and examining the sense of self through the lived experiences of first-time mothers, Ailyn Sabdilon Absara. PDF.