SMS Journal of Entrepreneurship & Innovation

Perceptions of Organizational Commitment in Nepalese Insurance Companies and Commercial Banks

Prakash Shrestha — 2024-03-18

This study aims to examine the status of organizational commitment (affective commitment, continuance
commitment, and normative commitment) in insurance companies and commercial banks of Nepal. This
study is conducted utilizing a survey methodology with questionnaires serving as the primary tool. Six
insurance companies and six commercial banks are covered by this study. A total of 360 questionnaires—30
in each of the 12 organizations—have been distributed, and 225 (62.5%) of those that have been fully
completed and returned are used for the study. The data are analyzed by using the latest version of the
statistical package for social science (SPSS). Descriptive statistical tools like mean and standard deviation
are used. The one-way analysis of the variance is used for determining the statistical differences between the
organizational commitment dimensions found in two samples (insurance companies and commercial
banks). Based on the results, affective commitment is found at a high level, normative commitment at a
moderate level, and continuance at a low level in Nepalese insurance companies and commercial banks.
Insurance companies show higher affective and normative commitment than commercial banks. Significant
differences in judgments of affective and normative commitment between employees of Nepalese insurance
companies and commercial banks are also revealed by analysis of variance. In fact, firms that have a strong
organizational commitment are better able to keep employees, which put them in a better position to gain the
advantages of a more devoted, engaged, and dependable workforces. Therefore, today's businesses must
design workplaces that encourage more moral and emotional commitment among their employees.

Effect of Organisational Change on Employee Performance in Light Manufacturing Firms: A Study of Tannery in Kano State, Nigeria

Shamsuddeen Alhassan Musa — 2024-03-18

It is vital for organisations to know the performance rate of their employees in order to know what changes
can be introduced. Deficient employee performance is mostly the reason for organisations to start the
process of change. Thus, there is poor employee performance among tannery firms in Kano State which over
the years have affected several tanneries performance in the State. This work investigated what effect
changes in organisation have on the performance of employees in the Kano State tanneries. Using a total
population of 1009 employees of the tannery firms under study, a sample size of 285 was drawn using
Krejcie and Morgan scientific table. However, only 259 questionnaires dully filled by the employees were
used for the analysis of the study. The data collected from the respondents was analysed using correlation
and multiple regression model on the SPSS statistical package, version 22. The study result shows that
strategic change, technological change and attitude toward change were significant in predicting employee
performance while structural change was insignificant in explaining the employee performance of tannery
firms in Kano State. This study generally recommends that tannery firms in Kano state should implement
strategic change, technological change and attitude toward change because they were found to be positively
and significantly related with the performance of employee.

Drones Usage Opportunities For Entrepreneurs Contributing Towards Aatmanirbar Bharat

Ajit Kumar Das, Research Scholar — 2024-03-19

The year 2020 witnessed a significant turning point for the world economy with the discovery of a dreadful
virus named ‘CORONA VIRUS’ originating from the world’s largest manufacturing hub – China, and still
the world is fighting with it. Within a few days it covered almost all the nations across the globe. To put a
check on the speedy spread of the virus and break the chain, the GOI announced nationwide lockdown on
24th March 2020.As a result all the manufacturing units, service sectors and other industries stopped their
production except medical related emergencies. The whole nation went into full lockdown. The financial
health of the nation was badly affected by the virus. After about 2.5 months, country’s growth engine was
restarted with unlock -01. The union government at that juncture gave a big push to the economy with 20
lakh crores of rupees to help the nation to survive and become AatmaNirbhar / self-reliant. It is the new
version of “Make in India” campaign declared by Honourable Prime Minister Narendra Modi on
25thSeptember 2014. The drone market reflects advanced technology. As a result, new opportunities for the
usage of drones in numerous industries are arising. Therefore, as new possibilities arise, so do fresh dangers
to people's lives and the safety of enterprises. Different organizations have already incorporated drones into
their operations, providing a source to study and learn. As a result, authors has attempt to address
fundamental inquiries including the benefits that the usage of drones can offer to businesses, potential risks,
practical restrictions, and entrepreneurial opportunities for drone industries.

Designing Dexterity Gameplay to Impart Awareness among Children

Dibyendu Bikash Datta, Associate Professor — 2024-03-19

Growing children, especially those aged 4 to 6, are surprisingly intuitive and impressionable. Imparting the
awareness of essential topics among children in this age group can assist in building a curiosity-driven and
aware generation. The utilization of dexterity gameplay as a medium for teaching can benefit by allowing
the children to be involved in the learning process rather than being taught directly. Solely imparting
knowledge about the crucial matter through games would not be sufficient to reach the masses. The concept
of developmental play has become a key contributor to the toys and games industry over the last few years.
With the newfound requirement for indulging indoor play, there is great potential for products that assist in
fine motor development, giving us the avenue to teach through play. For this paper, the implications would
be tested through the design and development of an economic dexterity board game that imparts awareness
of endangered native animals of India. Through this paper, we can look at the learning stages of children in
this age group and understand ways to promote understanding and awareness among children at their own
pace by designing a dexterity game that imparts learning while ensuring a playful experience. The research
entails the target age group's key milestones in learning, followed by proposing a design for developing a
suitable and economical dexterity game solution that would help venture into the arena to target the
statement at its core.

Growth and the Way Forward: a Study on Women Entrepreneurs of Kerala

Ruby S., Assistant Professor — 2024-03-20

The proliferation of microenterprises initiated by rural women has garnered significant attention as a
strategy for generating employment opportunities and alleviating poverty across India, with a particular
focus on the state of Kerala. In order to fulfil their objectives, it is imperative for microbusinesses led by
rural women, which are designed to alleviate poverty and generate employment opportunities, to sustain
themselves through the implementation of intelligent strategies. The present study represents a sincere
endeavour to elucidate the progression, significance of training, and prospects of rural micro enterprises
established by women in the state of Kerala. The objectives of this study are to gain a comprehensive
understanding of the present status and growth of women entrepreneurs in Kerala, to evaluate the
effectiveness of institutions that facilitate the advancement of women entrepreneurs in Kerala, and to project
the future potential of the female entrepreneurial community in Kerala. This descriptive study aims to
examine the evolution of women-owned businesses in Kerala prior to and during the process of
globalisation. Additionally, it seeks to explore the training needs and future growth prospects of these firms.
The present study is founded upon primary data collected from a sample of 420 registered women-owned
enterprises in Kerala. Additionally, secondary data has been sourced from various published materials, such
as journals, government publications, websites, and other relevant sources. The findings of the study
suggest that female entrepreneurs exhibit deficiencies in many managerial competencies that are crucial for
the achievement of organisational success. Hence, it is crucial that training programmes prioritise the
development of managerial capabilities to effectively operate entrepreneurial entities, enhance managerial
proficiency, and foster a sense of motivation towards attaining goals. The findings of this study are expected
to provide valuable insights for policymakers in formulating initiatives and policies aimed at fostering
industrial development within the state. Specifically, the study focuses on the role of women
entrepreneurship and the strategic orientation required for such development.

Innovation and Sustainable Development in Entrepreneurship

Sofia Khan, Assistant Professor — 2024-03-20

In today's rapidly changing business landscape the intersection of innovation and sustainable development
has become a focal point for entrepreneurs seeking to create lasting impact. This abstract delves into the
dynamic relationship between entrepreneurship, innovation and sustainability. It highlights the essential
role that innovation plays in driving sustainable development, emphasizing how entrepreneurs are uniquely
positioned to lead this change. Through a synthesis of key concepts and examples, this abstract showcases
the potential for entrepreneurs to not only disrupt industries but also contribute to a more sustainable and
equitable future.
Moreover, it navigates the intricate terrain of challenges and abundant opportunities that entrepreneurs
confront when striving to implement sustainable solutions. It underscores the profound importance of
conscious and responsible entrepreneurial practices, offering a glimpse into the ever-evolving
entrepreneurial landscape where innovation and sustainability stand as central drivers of success and
societal well-being. This abstract aligns with multiple research objectives, including scrutinizing the role of
innovation in sustainable development, forecasting the future of sustainable entrepreneurship, exploring the
challenges and opportunities encountered by entrepreneurs in sustainable solutions and emphasizing the
crucial relationship between innovation and sustainability within entrepreneurship. Overall, this abstract
sets the stage for a comprehensive exploration of the profound and transformative relationship between
entrepreneurship, innovation and sustainability.

An Examination of Farmers Engagement in Assam’s Rural Periodic Markets

Bidyut Jyoti Kalita, Assistant Professor — 2024-03-21

The agricultural marketing scenario of Assam is having some distinct features due to its topographical
factors. Several issues including intensity of flood etc., makes the agricultural marketing process a
challenging task for the farmers as well as the other stakeholders. Often, it appears as a discouraging factor
for the farmers to produce certain crops because of issues related to storage and marketing. Primary markets
are the first connecting link between the producer and buyer of agricultural commodities. Thus these
avenues play a crucial role in providing remunerative return or a means of livelihood to the growers. There
are mainly three major players in the agricultural marketing scenario of Assam. These are the periodic
markets, daily markets and mobile markets. Rural periodic markets occupy a significant place for a state like
Assam, where 75 percent of the populations are dependent on agriculture for living directly as well as
indirectly. More than 80 percent of the farmers are marginal or small in terms of land holding status. Due to
small amount of disposable surplus, primary markets are the major avenues for disposal of their produces.
Apart from livelihood creation, periodic markets also help in the process of value addition of agriculture
commodities by providing scope for forward and backward linkages for the farmers. In this paper attempt is
made to analyze farmer’s participation in the periodic market of Assam. The study is carried out in the
Sonitpur district of Assam. The work is primarily descriptive in nature. Primary and secondary data were
used for the study. Both qualitative and quantitative approaches were followed to collect the desired
information. It was observed that primary markets are the major avenues for disposal of agricultural surplus.
The prevalent prices of primary market, distance to the nearest market, volume of marketable surplus etc.,
influences the marketing decision of the growers. The study suggest for solving several issues for creating a
conducive marketing platform for the benefits of the growers.

Perspectives and a plethora of New Educational and Entrepreneurial Approaches between 2020–2023 in Andhra Pradesh, India

Gummadi Prasanthi, Research Scholar — 2024-03-21

COVID-19 has pushed 75 million Indians back into poverty; the risk-control decisions to slow down the
virus by the Indian government have adversely affected the education system in the country and led students
into temporary 'home-schooling' situations in 2020–2021. The present study focused on the inconvenience
caused to students living in Visakhapatnam, identifying the technology that has prompted new examples of
educational innovation and its impact on the trajectory of learning innovation and digitization in the Indian
education system, on a random sample of 309 students from 8 schools under the public, private, and unaided
categories. The sample size calculated on a sample of 'n' student beneficiaries is n = z2*p q /d2 (calculated on
n = the desired sample size, z = the normal standard deviation, p = the proportion in the target population, and
d = absolute precision or accuracy). The data was analysed using a mixed methodology, using a quantitative
sampling method by sending an online questionnaire and qualitatively measuring the responses of the target
group by percentage. The centuries-old, classical, or lecture-based approaches to teaching methodology,
entrenched institutional biases, and outmoded classrooms are still prevalent in some poverty-stricken
regions and developing states like Andhra Pradesh in India. In 2023, the education system continued to
practice learning anywhere, at any time. Learning outcomes with digital education in various formats
positively impact education. The classical in-person classroom can complement new learning modalities,
from live broadcasts to 'educational influencers' to virtual reality experiences. Bridging the gap between
classical and contemporary teaching methods, improvising learning, and heading towards lifelong learning
by making it a habit integrated into daily routines is valid and should be made a lifestyle.