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1 – 10 of 43The purpose of this paper is to provide an overview of the development of the SME sector in Australia, concentrating on a number of key areas: small business definitions and…
Abstract
Purpose
The purpose of this paper is to provide an overview of the development of the SME sector in Australia, concentrating on a number of key areas: small business definitions and numbers; the role of government; the emergence of key industry groups; and the evolution of education, training and research services.
Design/methodology/approach
The study is a result of extensive literature reviews, desk research and the recollections of various participants in the field.
Findings
There have been major changes to the Australian small business sector over the last 40 years. In 1983-1984 there were an estimated 550,000 small firms, and by 2010 this had grown to almost two million. Government involvement in, and support for, SMEs was virtually non-existent before 1970. Following the delivery of the Wiltshire report (1971), however, both state and federal governments responded by developing specialist advisory services, funding programmes and other support tools. Virtually non-existent before the 1970s, several peak industry associations were formed between 1977 and the 1990s. At the same time, formal education and teaching in the area expanded in the 1970s and 1980s and is now widespread.
Practical implications
Development of the small business sector in Australia has often paralleled similar trends in other OECD nations. State and territory governments have often (but not always) been the principal drivers of policy change.
Originality/value
There has been no little, if any, prior documentation of the evolution of the small business sector in Australia in the last 40 years.
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Leighton Jay and Michael Schaper
Despite the growth of many new business advice and support services over the last 15 years, the extent to which such facilities are used by the Australian small business sector…
Abstract
Despite the growth of many new business advice and support services over the last 15 years, the extent to which such facilities are used by the Australian small business sector has not been extensively examined, especially amongst the micro‐enterprises that comprise the majority of all small firms. Home based businesses (HBBs) constitute the largest group of micro‐businesses in Australia, as well as comprising the biggest single SME sector in the nation. An investigation into the usage of advisory services by HBBs in Perth, Western Australia revealed substantial differences in the types and frequency of advisers used. It was found that accountants, banks, other business operators and family/friends were the most commonly consulted services. In contrast, lawyers, government agencies, industry associations, and management consultants were only infrequently used. The research project also attempted to determine if the frequency of adviser usage could be predicted on the basis of a range of individual and firm characteristics (namely, the age of the business, the size of the enterprise, and the age and gender of the owner/operator). A positive correlation was found to exist with all four factors, with micro‐firms managed by men tending to use advisory services more frequently.
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Kirk C. Heriot and Noel D. Campbell
Entrepreneurship has been widely recognized as having greatly influenced the United States. Its influence has especially been documented over the past 20 years. Paralleling our…
Abstract
Entrepreneurship has been widely recognized as having greatly influenced the United States. Its influence has especially been documented over the past 20 years. Paralleling our societal interest in entrepreneurship has been increasing interest in entrepreneurship education. While our interest in entrepreneurship education has grown considerably over the past two decades, this field of study continues to have critics both within and outside of schools and colleges of business (Kuratko 2004). In spite of these criticisms, some researchers suggest that the United States is still far ahead of other regions of the world in terms of entrepreneurial education (Solomon et al. 1998).
Using entrepreneurship education in the United States as a point of departure, this article uses a case study to analyze the efforts of a private university in Bogota, Colombia, to create a new program in entrepreneurship. The Colombian Legislature passed Law 590 in July 2000 as a means to promote and develop entrepreneurship in the nation. Shortly thereafter a private university in Bogota started a new program in entrepreneurship. At the university's invitation, a small number of faculty from U.S. universities participated in the school's “kick-off” efforts. The paper offers analysis and recommendations based on five criteria: 1) What is taught, 2) Why it is taught, 3) How it is taught, 4) How well it works, and 5) Leadership support. In addition, rather than simply adopting a U.S. or European model of entrepreneurship education, the authors propose that they should develop a center that integrates lessons from other models with elements that are relevant to the local situation.
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Book review by James W. Bronson. Rob van der Horst, Sandra King-Kauanui, and Susan Duffy, ed., Keystones of Entrepreneurship Knowledge, Malden, MA: Blackwell Publishing, 2005…
Abstract
Book review by James W. Bronson. Rob van der Horst, Sandra King-Kauanui, and Susan Duffy, ed., Keystones of Entrepreneurship Knowledge, Malden, MA: Blackwell Publishing, 2005. ISBN 9781405139212
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Philipp Schäpers, Talea Stolte and Henrik Heinemann
To increase the share of women in the top management of companies, legal gender quotas are increasingly being introduced worldwide. Their effect, however, especially on perceived…
Abstract
Purpose
To increase the share of women in the top management of companies, legal gender quotas are increasingly being introduced worldwide. Their effect, however, especially on perceived diversity and employer attractiveness, remains unknown. The purpose of this study is to investigate how a gender quota for a company’s executive board affects potential employees’ evaluation of that company as an employer. Drawing on signaling theory and the rationale of diversity attraction, the authors assumed that both the gender composition of a company’s board and the presence of a quota send signals regarding specific factors associated with diversity (i.e. perceived diversity climate, perceived internal motive for gender diversification and perceived competencies of board members). The authors postulated that these signals are perceived by job applicants and used to evaluate the attractiveness of the company as an employer.
Design/methodology/approach
In a scenario study, the authors manipulated the composition of the management board. That is, participants were presented an executive board that was either homogeneously male (Group 1) or had a female representation of 30% (Groups 2 and 3) or 50% (Group 4). The executive board in Groups 3 and 4 was subject to a statutory gender quota of 30%.
Findings
The results showed that a company with a gender-diverse board was perceived as more attractive by potential applicants than an all-male board. Also, a gender quota did not reduce a company’s employer attractiveness. The results suggest that potential applicants attach importance to board diversity but place less value on the causes that led to it.
Originality/value
Against the backdrop of the war for talent, this study contributes to a better understanding of the impact of gender quotas and factors influencing employer attractiveness. The study showed that when a gender quota is in place, applicants assume to a lesser extent that a company staffs its gender-diverse board of directors out of an inner conviction. Nonetheless, the presence of a gender quota does not significantly reduce the perceived diversity climate, nor does a quota have a negative impact on the employer attractiveness. Thus, using a quota as a means to increase gender diversity does not harm the ends.
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Mohammed A. Alam, Michael H. Azarian, Michael Osterman and Michael Pecht
The purpose of this paper is to present an analytical approach to find the reduction in the required number of surface mount capacitors by the use of embedded capacitors in…
Abstract
Purpose
The purpose of this paper is to present an analytical approach to find the reduction in the required number of surface mount capacitors by the use of embedded capacitors in decoupling applications.
Design/methodology/approach
The analytical model used to perform decoupling is cavity model from theory of microstrip antenna and N‐port impedance matrix. The methodology involves addition of decoupling capacitors between the power and the ground plane such that the impedance between ports on the power‐ground plane becomes lower than the target impedance at that frequency. A case study is presented in which a 0.3 m×0.3 m power‐ground plane is decoupled by using various combinations of surface mount capacitors and embedded capacitors in the frequency range of 0.001‐1 GHz and at a target impedance of 0.1, 0.01, and 0.001 Ω. The total number of surface mount capacitors are compared in each case.
Findings
Use of embedded planar capacitors with a thin dielectric (about 8 mm) dampened board resonances at high frequency, as compared to a thick dielectric. Embedded capacitors are found to reduce the number of surface mount capacitors when the target impedance is low and the operating frequency is high.
Research limitations/implications
The methodology discusses in this paper is applicable to a simplified power‐ground plane (which has no cut‐outs and is rectangular in shape) as compared to actual digital circuits.
Originality/value
This methodology can be used as a quick preliminary tool to evaluate the decrease in the number of surface mount capacitors (by the use of embedded capacitors) as compared to complex and time consuming electromagnetic solvers.
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