The benefits, satisfaction, and perceived value of small business membership in a chamber of commerce

Noël, Noel Mark; Luckett, Michael

doi:10.1002/nvsm.1485

Cited by 12 publications

(10 citation statements)

References 25 publications

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“…As the coefficient of this variable (x2) is 0.07 (p = 0.031), regression model estimates one unit (1,000 sqm) rise in construction size in building permits variable to contribute a direct increase in the number of construction firm in 0.07 unit. This finding proves the internal impact of the construction sector in the establishment of businesses that choose to take an active role in and benefit from the business organizations (Noel and Luckett, 2014), which can be defined as being enrolled within the chamber of commerce.…”

Section: Data and Results: Multivariate Findings From Spatial Distribution Of Construction Firms In Istanbulmentioning

confidence: 55%

Spatial distribution of construction firms in Istanbul

Koramaz

Dökmecí

2021

DRArch

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In the restructuring of the cities today, economic growth and its reflective trend multicentred, urban development pattern made business enterprises shifted its locational choice in a decentralized way. As the focus of this paper, construction firms expended their market areas as well. The present study investigates the spatial distribution of construction firms according to the variables of socio-economic characteristics of districts and total construction sizes within the concept of multi-centre development in Istanbul. The paper describes the growth of the city and the construction firms through time according to the concentric zones and districts, firstly. Then descriptive figures and results of regression analysis are given by taking the number of construction firms as dependent variable and population, income per capita, average household size and amount of construction activity as the independent variables. Main hypothesis of this paper is that socio-economic indicators and total size of construction in building permits can explain the variance of number of construction firms in Istanbul district. Overall results from the multiple regression model indicate that the role of socio-economic indicators and total size of construction in building permits on the distribution of construction firms is proved on a large scale in the study. The spatial distribution of the construction firms has been figured out that the subcentral, peripheral districts of Istanbul have sustained the significant role in a way that responds to the construction supply, and housing sub-markets. However, the intense construction trends in the periphery reveal a fact that these firms preserve the location of their management offices in the sub-centre with relatively higher economic attraction, in central districts.

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Section: Data and Results: Multivariate Findings From Spatial Distribution Of Construction Firms In Istanbulmentioning

confidence: 55%

Spatial distribution of construction firms in Istanbul

Koramaz

Dökmecí

2021

DRArch

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“…Doing so can facilitate the use of benefitbased approaches to target potential members and thus increase the effectiveness of their recruitment and retention efforts (Baran, Galka, & Strunk, 2008;Oliver, 1999). In turn, a clear identification and communication of the associations' services can inform individuals to choose the association that best fits their needs (Markova, Ford, Dickson, & Bohn, 2013;Noel & Luckett, 2014). The high prevalence of educational incentives in this study suggests that agritourism associations should position themselves as an essential platform to deliver tailored information related to agritourism, especially concerning customer service and maximization of farm resources, which the agritourism literature has identified as major weaknesses among emerging entrepreneurs and those from minority groups (Halim, 2016;Yang, 2012).…”

Section: Discussion Of Resultsmentioning

confidence: 99%

Incentives to Join Associations: The Case of Agritourism

Li¹,

Barbieri²

2020

Journal of Tourism Insights

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“…Therefore, firms may join the Chambers of Commerce to recover from the lack of business exposure and grow revenues (Webster Bank, 2020). These missing gaps can be filled by the local Chambers of Commerce (Noel and Luckett, 2014). The Chambers act as catalyst to help rural SMEs to enhance their businesses capabilities and resources accessibility which contribute to effective business solutions and collaborative problem solving through the network (Bennett, 1998; Tiwasing, 2021).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Does membership of local Chambers of Commerce networks enhance rural SME performance?: An empirical analysis

Tiwasing¹,

Sawang²

2021

IJEBR

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PurposeLocal Chambers of Commerce networks provide small- and medium-sized enterprises (SMEs) with an opportunity to access essential information and networking with other businesses, resulting in improved business performance. However, rural SMEs are less likely to participate in these networks and often possess lower performance. This paper aims to examine the relationship between being members of local Chambers of Commerce networks and rural SMEs’ performance by comparing business performance between rural SMEs who are members and non-members of local Chambers of Commerce networks. This paper also further explores difference in business growth plans between rural SMEs members and non-members.Design/methodology/approachThe empirical analysis draws on cross-sectional data of 3,769 rural SMEs in England and Wales from the UK's Government Longitudinal Small Business Survey 2015. Propensity score matching (PSM) is applied to control for selection bias and variations in business characteristics before comparing business performance, measured in terms of annual turnover, sale growth and profitability, between rural SMEs that are members and non-members of local Chambers of Commerce networks.FindingsOur results show that rural SME members of local Chambers of Commerce networks are more likely to grow their sales than non-members. However, they perform as good as non-members in terms of turnover and profitability. The results also emphasise that local Chambers of Commerce networks are crucial for rural SMEs to develop the skills of the workforce and leadership capability of managers, new product/service development and new working practices. Therefore, to enhance rural SMEs' performance, tailoring the services of local Chambers of Commerce to support rural businesses' needs and encouraging rural SMEs to make use of business networks are recommended.Practical implicationsThe paper unpacks the relationships between being local Chamber of Commerce membership and business performance, offering lessons for rural SMEs to boost their business performance and growth through participating in local business association networks.Originality/valueThis paper is the first study that explores the comparative analysis of business performance and growth plans between rural SMEs that are members and non-members of the local Chamber of Commerce networks. We provide an empirical evidence-based analysis to existing literature regarding the advantages of being local Chamber of Commerce memberships to enhance business performance in rural areas.

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The benefits, satisfaction, and perceived value of small business membership in a chamber of commerce

Cited by 12 publications

References 25 publications

Spatial distribution of construction firms in Istanbul

Spatial distribution of construction firms in Istanbul

Incentives to Join Associations: The Case of Agritourism

Does membership of local Chambers of Commerce networks enhance rural SME performance?: An empirical analysis

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