Factors affecting human resources development of SMEs: Evidence from the fourth Industrial revolution in Vietnam

Song, Nguyen Van; Hanh, Phung Tran My; Cuc, Mai Thanh; Tiep, Nguyen Cong

doi:10.5267/j.msl.2020.4.040

Cited by 4 publications

(3 citation statements)

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“…In this light, it becomes manifest that the best way to examine technological advancements in their recent resurgence is by viewing them within the contextual sheath of what Mirkes et al refer to as the fourth industrial revolution [7]. According to a view posited by Song et al, SMEs have emerged as the ground zero for chiseling the application of the fourth industrial revolution, more so within the purview of the organic food industry at the global level [8]. Nghia and Dung observe that the fourth industrial revolution is a new development with tremendous promise and growth potential to significantly elevate the world's levels of income through trade by utilizing the best emergent technologies of the day [9].…”

Section: Figurementioning

confidence: 99%

“…The rationale is that the fourth industrial revolution benefits the organic food industry in Vietnam via the provision of an integrated farm operations system which enables the digital collection of information on all farm-oriented sectors for the processing, which yields cost minimization, output elevation, and enhanced controlled operations [21]. It achieves agribusiness control via integrating the Hi-tech farms, which are strategically designed to accomplish enhanced organic food production through a stepwise process that entails the use of detection and decision rules after execution and assessment [8,22]. It implies that organic farmers in Vietnam are empowered with the capacity to gain optimized yields by harnessing such opportunities as enhanced soil conditions, regulated sunlight hours, and a controlled climate which holistically contributes to beneficial opportunities to be tapped [2,3,23].…”

Section: Important Technological Applications For Smes In Vietnamese ...mentioning

confidence: 99%

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The Impact of Technological Changes on Small and Medium Enterprises in Vietnamese Organic Food Industry

Ma¹

2022

Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

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This paper examines the impact of technological change on SMEs operating within the Vietnamese organic foodproducing industry. The literature review manifests that demand for organic food is exponentially rising as day follows night due to various reasons such as nutritional benefits, low chemical residues in such food, and its environmentalfriendly ambiance. Nonetheless, the Vietnamese SMEs are found to be the drivers of growth for the emerging economy, and technology is at the heart of the exemplary performance of the country's organic food sector SMEs. Since the agricultural potential of organic food production is not the product of one technology, but of multiple applied technologies such as artificial intelligence, robotics and data analytics, these technological changes have been dubbed the "fourth industrial revolution". The results of the study indicate that in being found to have the potential for the Vietnamese organic food industry SMEs can unlock huge out of its development potential through precision agriculture, blockchain technology, smart greenhouse technology, etc. The conclusions of this paper will have the effect of helping the Vietnamese organic food industry to unlock its market potential, thereby contributing to the development of the local economy.

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Section: Figurementioning

confidence: 99%

Section: Important Technological Applications For Smes In Vietnamese ...mentioning

confidence: 99%

The Impact of Technological Changes on Small and Medium Enterprises in Vietnamese Organic Food Industry

Ma¹

2022

Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

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“…There is a wide range of pre-training factors such as trainer's reputation, training nomination (Kodwani and Kodwani, 2021), trainee reaction (Kodwani and Prashar, 2019a, b), trainee characteristics, intentions to transfer and reactions, training atmosphere (Jaidev and Chirayath, 2012) have studied. Based on the above literature review, this study adopts two pre-training factors, such as training environment and trainee quality, to examine the direct relationship with training effectiveness to meet the challenge in this digital age (Song et al , 2020; Tolstykh et al , 2018; Kravčík et al , 2018; Chyhryn et al , 2019). The following literature will explain training environment and trainee quality and their relevant relationship to justify the hypotheses of this study.…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

Investigating training effectiveness of public and private banks employees in this digital age: an empirical study

Akther

Rahman

2021

IJM

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PurposeThe purpose of this study is to examine the pre-training and post-training variables influencing employee training effectiveness in the banking industry in this era of the digital age.Design/methodology/approachThis study adopted a cross-sectional research design and a structured questionnaire to survey the participants (i.e., bank employees) (n = 702) for data collection. The data gathered from the surveyed respondents were analyzed using the Partial Least Square to Structural Equation Modeling (PLS-SEM) approach to test the proposed hypotheses.FindingsThe research findings suggest a significant influence of pre-training (i.e., training environment, trainer quality) and post-training (i.e., trainee motivation, trainee self-efficacy, and authentic leadership practices) factors towards the bank's staff training effectiveness in this era of digital age.Originality/valueThe research is one of the pioneer attempts on training effectiveness that significantly open opportunity for financial institutions such as banks to meet the challenge of the fourth industrial revolution from a developing country perspective. The current study also contributes to the extension of the theoretical and managerial doctrine in terms of the relationship among the pre-and post-training factors to enhance training effectiveness under the scope of the financial sector's employees to manage human resources and their development in the digital age.

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RETRACTED ARTICLE: SME financing role in developing business environment and economic growth: empirical evidences from technical SMEs in Vietnam

Song

Hoang

Thuan

et al. 2022

Environ Sci Pollut Res

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Distinguishing the significance of business environments for technical small and medium-sized enterprises (SMEs), this study examines the connection between business environments, GDP growth, and SMEs’ financing choices in Vietnam. The study considered the agency theory as a theoretical base to explain how information asymmetry between SMEs and lenders influences SMEs’ financing choices and encompasses the effects on business environment and GDP growth of Vietnam. For this binary logistic regression, text is applied. Global Entrepreneurship Monitor and World Bank data were analyzed. The findings of the study are robust and showed that SME financing (e.g., formal and informal) under the financial infrastructure and tax regulation may enhance formal credit choice and reduce informal credit choice. This enhances the depth in the business environment of technical SMEs and found significant effects on GDP growth. For the first time, this research examines the impact of information asymmetry and agency theory on restaurant financing choices. The research has significance for industry practitioners and governments interested in SMEs’ financial viability. On the recent topicality, study also presents policy implications for key stakeholders.

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Factors affecting human resources development of SMEs: Evidence from the fourth Industrial revolution in Vietnam

Cited by 4 publications

References 1 publication

The Impact of Technological Changes on Small and Medium Enterprises in Vietnamese Organic Food Industry

The Impact of Technological Changes on Small and Medium Enterprises in Vietnamese Organic Food Industry

Investigating training effectiveness of public and private banks employees in this digital age: an empirical study

RETRACTED ARTICLE: SME financing role in developing business environment and economic growth: empirical evidences from technical SMEs in Vietnam

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