Nghiên cứu của Le Hoang Long về mối quan hệ giữa mạng lưới kinh doanh và hiệu quả sản xuất của ...

Nghiên cứu mối quan hệ giữa mạng lưới kinh doanh và hiệu quả sản xuất của doanh nghiệp nhỏ và vừa, cung cấp cái nhìn sâu sắc cho các nhà quản lý.

Trường đại học

University of Economics

Chuyên ngành

Development Economics

Người đăng

Ẩn danh

Thể loại

Thesis

2013

86
2
0

Phí lưu trữ

30 Point

Mục lục chi tiết

DECLARATION

ACKNOWLEDGEMENT

ABBREVIATIONS

ABSTRACT

TABLE OF CONTENTS

1. CHAPTER 1: INTRODUCTION

1.1. Problem statement

1.2. Research objectives

1.3. Research questions

1.4. Research scope and data

1.5. The structure of this study

2. CHAPTER 2: LITERATURE REVIEW

2.1. Production efficiency: Concepts, measurements and sources

2.1.1. Concepts

2.1.2. Measurements

3. CHAPTER 3: RESEARCH METHODOLOGY

3.1. An overview of Vietnamese Small and Medium sized Enterprises

3.2. Conceptual framework and model specification

3.3. Research hypotheses and concept measurements

3.4. Data source and filter process

4. CHAPTER 4: EMPIRICAL RESULTS

4.1. Production efficiency of SMEs

4.2. Production efficiency of SMEs in Vietnam

4.3. The relationship between business networking and production efficiency

4.4. Participation in a business association

5. CHAPTER 5: CONCLUSION AND POLICY IMPLICATION

5.1. Limitations and recommendations for future research

Appendix 1: Empirical studies on the sources of technical efficiency

Appendix 2: Empirical studies on the relationship between business network and firm performance

Appendix 3: Empirical studies on the technical efficiency measurements of manufacturing firms in Vietnam

LIST OF TABLES

LIST OF FIGURES

Trích đoạn nội dung tài liệu

UNIVERSITY OF ECONOMICS INSTITUTE OF SOCIAL STUDY HO CHI MINH CITY ERASMUS UNIVERSITY OF ROTTERDAM VIETNAM THE NETHERLANDS VIETNAM – THE NETHERLANDS PROGRAMME FOR M.A IN DEVELOPMENT ECONMICS THE RELATIONSHIP BETWEEN BUSINESS NETWORKING AND SMES PRODUCTION EFFICIENCY By LE HOANG LONG MASTER OF ART IN DEVELOPMENT ECONOMICS HCMC, NOVEMBER 2013 TIEU LUAN MOI download : skknchat@gmail.com University of Economics International Institute of Social Study Ho Chi Minh City, Vietnam Erasmus University of Rotterdam, The Netherlands VIETNAM – THE NETHERLANDS PROGRAMME FOR M.A IN DEVELOPMENT ECONMICS THE RELATIONSHIP BETWEEN BUSINESS NETWORKING AND SMEs PRODUCTION EFFICIENCY by L H gL g A Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Art in Development Economics Academic Supervisor Dr. V H g Vietnam – Netherlands Programme, November 2013 TIEU LUAN MOI download : skknchat@gmail.com DECLARATION This is to certify that this thesis e titled “The relationship between business networking and SMEs production efficiency”, whi h is submitted by me in fulfillment of the requirements for the degree of Master of Art in Development Economic to the Vietnam – The Netherlands Programme. The thesis constitutes only my original work and due supervision and acknowledgement have been made in the text to all materials used. L H gL g TIEU LUAN MOI download : skknchat@gmail.com ACKNOWLEDGEMENT I would not be possible to write this master thesis without the help and support of people surrounding me. Above all, I w uld li e t th yf ily, es e i lly y the – H g Th Ki Hi , wh lw ys l ves, t es e f d su ts e the w y I have chosen. I would like to express special appreciation to my supervisor, Dr. V H g , who I have learned a lot from his guidance, useful recommendations and valuable comments. I would like to acknowledge all the lecturers at the Vietnam – Netherlands Programme for their knowledge of all the courses, during the time I studied at the program. I ti ul , I g teful t ss f Nguy T g H i, h Kh h N , T g g Th y, M h g Th h h d L V Ch , who support me significantly in the courses as well as in the thesis writing process. Last, but not least, I would like to thank my friends and colleagues at Banking University of HCMC for their helps. HCMC, November 2013 L H gL g iii TIEU LUAN MOI download : skknchat@gmail.com ABBREVIATIONS AE Allocative efficiency CIEM Central Institute for economic mangement CRS Constant returns to scale DEA Data envelopment analysis DMU Decision making unit GSO General Statistics Office Of Vietnam SE Scale efficiency SFA Stochastic frontier analysis SMEs Small and medium sized enterprises TE Technical efficiency TFP Total-factor productivity VRS Variable returns to scale iv TIEU LUAN MOI download : skknchat@gmail.com ABSTRACT This study aims to examine the relationship between business networking and the technical efficiency of small and medium sized enterprises (SMEs) in Vietnam. To achieve this objective, this study proposes a framework to measure the production efficiency of the SMEs; then, the study identifies the relationship between business networking and their performance efficiency. Data Envelopment Analysis method is employed in the first stage to measure the efficiency. In the second stage, the study uses both Tobit and least squared regressions to examine the relationship between the firm networking and its performance efficiency. The unbalanced data from the four SMEs surveys, which cover the period of 6 years, from 2004 to 2010, will be employed in this study. The research finds that the average technical efficiency scores of SMEs in this period are moderately low, ranging from 48 percent to 70 percent depending on the industries. Additionally, the relationship between business networking and firm’s production efficiency appears to be different in different indutries. For example, in food products and beverages, the network quantity is found to have positive impact on the technical efficiency. However, network quality as well as the network diversity might hinder the firms in this industry. The wood and wood products and fabricated metal product experience a contradictory tendency when the total network size and cluster size appear to have no impact, or even negative impact on the technical efficiency. In these industries, the network quality appears to hold a significantly crucial role than other dimensions of networking when it has positive correlation with firm efficiency. Finally, the role of official business association appears to be vague to firm efficiency. v TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS LIST OF TABLES. ix LIST OF FIGURES .4 Research scope and data .5 The structure of this study. 3 Chapter 2: LITERATURE REVIEW .1 Production efficiency: Concepts, measurements and sources .3 Efficiency measurement methods .4 Sources of technical efficiency .1 Business networking and related concepts .2 Components and roles of business networking .3 Relationship between business networking and technical efficiency . 19 Chapter 3: RESEARCH METHODOLOGY .1 An overview of Vietnamese Small and Medium sized Enterprises.1 Growth and contribution of SMEs in Vietnam .2 An overview of manufacturing SMEs . 26 vi TIEU LUAN MOI download : skknchat@gmail.2 Conceptual framework and model specification .1 The first stage: Efficiency measurement using the DEA method .2 The second stage: Regression model .3 Research hypotheses and concept measurements .2 Concept and variable measurements .4 Data source and filter process . 34 Chapter 4 EMPIRICAL RESULTS.1 Production efficiency of SMEs .2 Production efficiency of SMEs in Vietnam .2 The relationship between business networking and production efficiency .5 Participation in a business association . 53 Chapter 5: CONCLUSION AND POLICY IMPLICATION .3 Limitations and recommendations for future research . 60 Appendix 1: Empirical studies on the sources of technical efficiency. 65 vii TIEU LUAN MOI download : skknchat@gmail.com Appendix 2: Empirical studies on the relationship between business network and firm performance . 68 Appendix 3: Empirical studies on the technical efficiency measurements of manufacturing firms in Vietnam . 72 viii TIEU LUAN MOI download : skknchat@gmail.com LIST OF TABLES Table 3.1: Definition for SMEs in Vietnam .2: Main indicators of enterprises as of 01/01/2012, by sizes .3: Number and proportion of manufacturing firms from 2006 to 2011 .4: Proportion of three main manufacturing industries .5: Concepts and measurements of variables in the study .6: Number of observations before and after filtering .7: Number of observations before and after filtering in the stage 2 .1: Descriptive statistic of production factor variables .2: Average value of technical efficiency scores .3: Proportion of efficient enterprises in the period 2004-2010 .4: Descriptive statistic of efficiency index and its determinants .5: The correlation matrix among variables and variance inflation factors .6: Heteroscedasticity test for Pooled OLS model .7: Regression results of network size and efficiency score .8: Regression results of network quality and efficiency score .9: Regression results of network range and efficiency score .10: Regression results of cluster size and efficiency score .11: Regression results of business association and efficiency score . 54 ix TIEU LUAN MOI download : skknchat@gmail.com LIST OF FIGURES Figure 2.1: Production frontiers and technical efficiency.2: Technical efficiency measurement .1: CRS frontier and VRS frontier . 42 x TIEU LUAN MOI download : skknchat@gmail.com Chapter 1: INTRODUCTION This chapter introduces the research topic and the problem statement. The research objectives, the research questions and the research scope and data are also included in this section. This chapter will end with the introduction of the thesis organization.1 Problem statement Small and medium sized enterprises (SMEs) hold a crucial role in the economic development, especially in developing countries including Vietnam. Compared to large sized enterprises, SMEs appear to bring more merits to the economy in terms of generating jobs, meeting the urgent demand immediately and growing rapidly and efficiently (Assefa, 1997 in Admassie & Matambalya, 2002; Hallberg, 1999). In the developing countries including Vietnam, SMEs have played a major role to contribute significantly to reduce the unemployment rate. Often being labor-intensive, SMEs help creating jobs for low skilled labor, which is redundant in the developing countries (Schmitz, 1995; Hallberg, 1999). According to the General Statistic Office of Vietnam, a number of formal SMEs (legally registered firms) are 305,000 firms, accounting for 97.5 per cent of the total firms in January 2012. This figure may be underestimated because of the lack of informal SMEs statistics. These numbers of enterprises generate approximately 5 million jobs and obtain about VND 4,600 billion revenue annually. In spite of the large number and sustaintial contribution to the economy, SMEs have to deal with countless problems to survive and develop. In the developing countries, SMEs often face to the lack of resources such as capital, information, and knowledge. Hallberg (1999) stated that information is a more serious problem to the SMEs rather than the large firms, while Beck & Demirguc-Kunt (2006) advocated the influence of 1 TIEU LUAN MOI download : skknchat@gmail.com capital shortage to the SMEs' growth. In this circumstance, business networking can be a solution when it can help the SMEs overcome problems of resources. Firms, particularly small and medium sized enterprises (SMEs), can exploit the business network as a source of information, knowledge and competitive advantage (Dyer & Singh, 1998). As such, business networking appears to be the channel of resources. Furthermore, the benefits of business network have been demonstrated in many empirical studies (e. Gulati, 1999; Dyer & Singh, 1998; Lechner, Dowling & Welpe, 2006). Many scholars presented the positive relationship between business network and firm growth and development (for example, Schoonjans, Cauwenberge & Bauwhede, 2011; Lechner et al. In Vietnam, network can bring the entrepreneurs many benefits such as information, knowledge and other substitution resources. There appears to be a significant correlation between network and firm efficiency in the case of Vietnam. However, empirical studies to examine the link between business network and Vietnam SMEs efficiency are limited. This study will present the evidence of this linkage between business networking and production efficiency of the SMEs using panel data and the data envelopment analysis (DEA) technique, which is an effective method for measuring firm efficiency. The thesis deals with the manufacturing SMEs in three major industries, which include food products and beverages, wood and wood products and fabricated metal products. These three industries, which account for over 50% of the total number of SMEs in Vietnam and often deal with the problems of poor production capacity and the resource constraint, can represent for the population of Vietnamese SMEs. 2 TIEU LUAN MOI download : skknchat@gmail.2 Research objectives The study aims to examine the relationship between business networking and production efficiency of SMEs in Vietnam. As such, it has two main objectives which can be stated as follows: (i) Estimating and analyzing the production efficiency of SMEs. (ii) Investigating the relationship between the business networking and the efficiency scores obtained from the first--stage. The study attempts to exam the multi-dimensional impact of business networking on the production efficiency such as network quantity, network quality and network diversity.3 Research questions The main research question this paper attempts to answer is: Is there any relationship between the business networking and the production efficiency of SMEs in Vietnam? If yes, then how can business networking can influence the production efficiency of SMEs? 1.4 Research scope and data The study will examine the relationship between business networking and the SMEs efficiency using the panel data for the period from 2004 to 2010. Three selected industries include: (i) food products and beverages; (ii) woods and wood products; and (iii) fabricated metal products. Of 18 industries, these three industries have accounted for over 55 percent of the total number of SMEs in Vietnam (CIEM, 2011; CIEM, 2013); therefore, they can represent for the SMEs population.5 The structure of this study This study is presented in five chapters, which are constructed as follows: 3 TIEU LUAN MOI download : skknchat@gmail.com Chapter 2 reviews the literature as well as empirical studies on the relationship between business networking and firm production efficiency.

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