SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA
ASEAN Economic Community (AEC) offers both opportunities and challenges to Indonesian Small Medium Enterprises (SMEs). Highly competitive SMEs are likely to exploit opportunities from AEC by expanding their markets and securing raw materials at lower costs. On the contrary, the increasingly intense...
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Format: | Article |
Language: | English |
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University of Oradea Publishing House
2018-03-01
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Series: | Oradea Journal of Business and Economics |
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Online Access: | http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2018/03/OJBE_31_p1_7-16.pdf |
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author | Eko Suseno Hr Matrutty Rosaly Franksisca Theresia Woro Damayanti Supramono |
author_facet | Eko Suseno Hr Matrutty Rosaly Franksisca Theresia Woro Damayanti Supramono |
author_sort | Eko Suseno Hr Matrutty |
collection | DOAJ |
description | ASEAN Economic Community (AEC) offers both opportunities and challenges to Indonesian Small Medium Enterprises (SMEs). Highly competitive SMEs are likely to exploit opportunities from AEC by expanding their markets and securing raw materials at lower costs. On the contrary, the increasingly intense competition is likely to marginalize less competitive SMEs in their own domestic market. This study aims to analyze the SMEs competitiveness in anticipating AEC. Using 64 SMEs that already export their products or have potentials to export as the sample; this research shows that Indonesian SMEs exhibit a high competitiveness level from the perspective of the production factor, the availability of related and supporting industries factor (especially in relation to the availability of raw and supporting materials), and the demand factor. However, SME owners acknowledge that AEC intensify competition and the government has not provided adequate facilities to improve the SME competitiveness. |
first_indexed | 2024-12-12T12:39:14Z |
format | Article |
id | doaj.art-b857510b2e79403485261e389542e1cf |
institution | Directory Open Access Journal |
issn | 2501-3599 2501-3599 |
language | English |
last_indexed | 2024-12-12T12:39:14Z |
publishDate | 2018-03-01 |
publisher | University of Oradea Publishing House |
record_format | Article |
series | Oradea Journal of Business and Economics |
spelling | doaj.art-b857510b2e79403485261e389542e1cf2022-12-22T00:24:15ZengUniversity of Oradea Publishing HouseOradea Journal of Business and Economics2501-35992501-35992018-03-0131716SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIAEko Suseno Hr Matrutty0Rosaly Franksisca1Theresia Woro Damayanti2Supramono3Department of Management, Faculty of Economics and Business, Universitas Kristen Satya Wacana, Salatiga, IndonesiaDepartment of Management, Faculty of Economics and Business, Universitas Kristen Satya Wacana, Salatiga, Indonesia2Department of Accounting, Faculty of Economics and Business, Universitas Kristen Satya Wacana, Salatiga, IndonesiaDepartment of Management, Faculty of Economics and Business, Universitas Kristen Satya Wacana, Salatiga, IndonesiaASEAN Economic Community (AEC) offers both opportunities and challenges to Indonesian Small Medium Enterprises (SMEs). Highly competitive SMEs are likely to exploit opportunities from AEC by expanding their markets and securing raw materials at lower costs. On the contrary, the increasingly intense competition is likely to marginalize less competitive SMEs in their own domestic market. This study aims to analyze the SMEs competitiveness in anticipating AEC. Using 64 SMEs that already export their products or have potentials to export as the sample; this research shows that Indonesian SMEs exhibit a high competitiveness level from the perspective of the production factor, the availability of related and supporting industries factor (especially in relation to the availability of raw and supporting materials), and the demand factor. However, SME owners acknowledge that AEC intensify competition and the government has not provided adequate facilities to improve the SME competitiveness.http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2018/03/OJBE_31_p1_7-16.pdfCompetitivenessDiamond ModelSMEAEC |
spellingShingle | Eko Suseno Hr Matrutty Rosaly Franksisca Theresia Woro Damayanti Supramono SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA Oradea Journal of Business and Economics Competitiveness Diamond Model SME AEC |
title | SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA |
title_full | SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA |
title_fullStr | SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA |
title_full_unstemmed | SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA |
title_short | SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA |
title_sort | smes competitiveness in an integrated economy a preliminary study from indonesia |
topic | Competitiveness Diamond Model SME AEC |
url | http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2018/03/OJBE_31_p1_7-16.pdf |
work_keys_str_mv | AT ekosusenohrmatrutty smescompetitivenessinanintegratedeconomyapreliminarystudyfromindonesia AT rosalyfranksisca smescompetitivenessinanintegratedeconomyapreliminarystudyfromindonesia AT theresiaworodamayanti smescompetitivenessinanintegratedeconomyapreliminarystudyfromindonesia AT supramono smescompetitivenessinanintegratedeconomyapreliminarystudyfromindonesia |