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1704444 Vol 6 · Issue 11 Download Paper

Professionalizing Small Medium Scale Creative Enterprises in the Philippines

Ma. Kathyrn L. Barredo Wilson L. Yu II

Subject area: Arts, Social Sciences and Humanities  ·  Area of research: Creative Multimedia Business

Abstract

Philippines? small medium enterprise (SME) has a promising potential in the creative economy. It is presumed that in professionalizing the business would provide growth and sustainability. However,some industries have a tendency to grow faster than others and depend on the creativity of people and development of new technologies, whereas new products generate more profit. In response to this problem, this study proposes to investigate the state of Philippine Creative SME towards professionalization. It will frame the needs of these creative industries and how can it be developed further. A self-assessment survey is given out to business owners of creative small medium enterprises. The study magnifies on the disparity of creative SME in terms of professionalization in varying factors.

Keywords

Creative Economy, Small Medium Enterprise, Professionalization

References

[1] Bennett, D., & Hennekam, S. (2016). Creative industries work across multiple contexts : Common themes and challenges.

[2] Dekker, J., Lybaert, N., Steijvers, T., Depaire, B., & Mercken, R. (2013). Family firm types based on the professionalization. Family Business Review, 26(1), 81-99.

[3] Forbes, J. (2010). Arangkada Philippines 2010: A Business Perspective. Makati City.

[4] Howkins, J. 2010. Creative Ecologies: Where Thinking Is a Proper Job. USA: First Transaction

[5] Masigan, A. J. (2019, March 19). How to professionalize SMEs. Business World. Retrieved from https://www.bworldonline.com/how-to-professionalize-smes/ [Crossref]

[6] Matherly, W. J. (1931). Professional Business Education. The Journal of Business Education, 6(6), 11–28.doi:10.1080/00219444.1931.10771795

[7] n.a. (2013). Approaches to Professionalization." National Research Council. 2013. Professionalizing the Nation's Cybersecurity Workforce?: Criteria for Decision-Making. Washington, DC: The National Academies Press. doi: 10.17226/18446.

[8] Petru Sandu,. (2019) Framework of Family Business Professionalization. Elizabethtown College, Pennsylvania. Vol: 23 Issue: 1. Retrieved from: https://www.abacademies.org/articles/framework-of-family-business-professionalization-7884.html [Crossref]

[9] Publication. Howkins, J. (2007). The Creative Economy: How People Make Money from Ideas. Penguin Books.

[10] Rhodora M. Leano, (2004) SME in the Philippines: A development agenda to sustain their growth. Special Feature : Sustainable growth of SMEs. Tech Monitor

[11] Still, J., Komulainen, H., & Nätti, S. (2018). Contextual layers of service experience in professional business services. Journal of Business & Industrial Marketing, 33(8), 1114–1124. doi:10.1108/jbim-10-2017-0255

[12] Yusoff, T. & Wahab, S.A. (June 2018). Sustainable Growth of Small Medium Enterprises. DOI: 10.13140/RG.2.2.23250.45762

How to cite this paper

Ma. Kathyrn L. Barredo, Wilson L. Yu II "Professionalizing Small Medium Scale Creative Enterprises in the Philippines" Iconic Research And Engineering Journals Volume 6 Issue 11 2023 Page 322-325
Ma. Kathyrn L. Barredo, Wilson L. Yu II "Professionalizing Small Medium Scale Creative Enterprises in the Philippines" Iconic Research And Engineering Journals, vol. 6, no. 11, May. 2023
Ma. Kathyrn L. Barredo, Wilson L. Yu II (2023). Professionalizing Small Medium Scale Creative Enterprises in the Philippines. Iconic Research And Engineering Journals, 6(11).
Ma. Kathyrn L. Barredo, Wilson L. Yu II "Professionalizing Small Medium Scale Creative Enterprises in the Philippines" Iconic Research And Engineering Journals, vol. 6, no. 11, May. 2023.
@article{1704444,
      author = {Ma. Kathyrn L. Barredo, Wilson L. Yu II },
      title = {Professionalizing Small Medium Scale Creative Enterprises in the Philippines},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {6},
      number = {11},
      pages = {322-325},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1704444.pdf},
      abstract = {Philippines? small medium enterprise (SME) has a promising potential in the creative economy.  It is presumed that in professionalizing the business would provide growth and sustainability.  However,some industries have a tendency to grow faster than others and depend on the creativity of people and development of new technologies, whereas new products generate more profit.  In response to this problem, this study proposes to investigate the state of Philippine Creative SME towards professionalization. It will frame the needs of these creative industries and how can it be developed further. A self-assessment survey is given out to business owners of creative small medium enterprises. The study magnifies on the disparity of creative SME in terms of professionalization in varying factors.},
      keywords = {Creative Economy, Small Medium Enterprise, Professionalization},
      month = {May},
  }