Journal of Research in Business, Economics and Management http://scitecresearch.com/journals/index.php/jrbem <div class="sc-iQKALj hmZFgV">&nbsp;</div> Scitech Research Organisation en-US Journal of Research in Business, Economics and Management 2395-2210 <p><strong>TRANSFER OF COPYRIGHT</strong></p> <p>JRBEM is pleased to undertake the publication of your contribution to <strong>Journal of Research in Business Economics and Management.</strong></p> <p>The copyright to this article is transferred to JRBEM(including without limitation, the right to publish the work in whole or in part in any and all forms of media, now or hereafter known) effective if and when the article is accepted for publication thus granting JRBEM all rights for the work so that both parties may be protected from the consequences of unauthorized use.</p> How Saudi Arabia attracts added value investment under the volatile global economic conditions and the COVID-19 pandemic? http://scitecresearch.com/journals/index.php/jrbem/article/view/2149 <p>International capital flows are primarily facilitated by foreign direct investment (FDI). The study employs display research to investigate how to draw value-added FDI in the face of turbulence along with the global economy and the COVID-19 pandemic to the Saudi Market. These findings have led to an important mode of foreign direct investment, so they are extremely important as compared to previous studies. The findings reveal that trade openness, infrastructure availability, and market size all play a role in attracting foreign direct investment into a region. Foreign direct investment can be beneficial to both investment companies and host governments. Furthermore, the COVID-19 shock will amplify the current worldwide trend of shortening supply chains and reducing FDI growth. This is a critical juncture that the Saudi government should be encouraged to develop strategies that would lessen the economic impact of such changes on the host country.</p> <p>It also aids the country's economic development and socio-economic transition. Several factors influence Saudi Arabia's ability to attract foreign direct investment, including growth rates, GDP, exports, and imports. During the Covid-19 pandemic, the government must ensure that the nation remains attractive in order to retain maximum foreign direct investment flows, as this encourages long-term economic growth by rising human capital investment. Therefore, in the face of tumultuous global economic conditions and the COVID-19 pandemic, attracting foreign direct investment can become a source of economic dependency and technology transfer diversification within the Kingdom.</p> Dr. Nasser Alshareef ##submission.copyrightStatement## 2022-05-20 2022-05-20 17 1 1 10 The Effect of Design Management Capability on Product Innovation for SMEs in Indonesia http://scitecresearch.com/journals/index.php/jrbem/article/view/2130 <p>Small, and Medium Enterprises (SMEs) are the backbone of the national economy. The increase in the number of SMEs in Indonesia must be accompanied by an increase in product innovation performance. Innovating products means contributing to the creation of competitive advantage, increased efficiency, and increased competitiveness, thus helping to ensure future performance. Bringing innovation to MSME products requires an effort to present creative visualization activities of concepts, plans, and ideas, represented in sketches and provide instructions on making something that does not yet exist, or so-called design management capability. This research investigated the extent to which the influence of the design management capability of MSME activists in Indonesia could contribute to presenting innovative products. This research provided a novelty to the construction of design management capability that combined the dimensions of previous research. The data collection method employed a questionnaire, with 360 respondents selected through the purposive sampling technique. Using Structural Equation Modeling (SEM) with AMOS 24 tool, the results of this study indicated that design management capability had a significant effect on product innovation</p> Harry Setiawan Bintoro Bagus Purmono ##submission.copyrightStatement## 2022-06-01 2022-06-01 17 1 11 19 Investigating the Determinants of Productivity Growth of The Small Scale Garment Industrial Cluster In Aba, Nigeria. http://scitecresearch.com/journals/index.php/jrbem/article/view/2159 <p>Classical agglomeration theory posits that production is facilitated when there is a clustering of economic activities. Although, the theory failed to explain which of the economic activity will lead to the formation of the cluster, the theory also failed to explain what determines productivity growth in such a cluster. Hence this study investigates the determinants of industrial cluster productivity growth in the production activity using the small scale garment industrial cluster in Aba, Nigeria. This study employed the questionnaire for its data collection from a sample of 300 small scale garment operators in Aba. The Multi-criteria Decision Analysis (MCDA) and simple percentage statistics were used for the analysis. The study found the major determinants of productivity growth of the small scale garment industrial cluster in Aba to include; small market for the products, high competition from imported foreign goods, low quality of products, tax policy, multiplicity of taxes, levies and other rates, and high rate of infrastructural decay. Based on the findings of this study, we recommend that government should prioritize industrial cluster development in its development policies through improving her tax policies. Flexible trade regulations and infrastructural development should be embarked on for industrial sector productivity growth.</p> Benjamin Asiegbu Nwogwugwu U. C. C Metu A. G. ##submission.copyrightStatement## 2022-10-07 2022-10-07 17 1 20 35 REMITTANCE INCOME: IMPLICATIONS FOR HOUSEHOLD WELFARE IN A DEVELOPING ECONOMY http://scitecresearch.com/journals/index.php/jrbem/article/view/2169 <p>Scholars have emphasized the antecedent role of remittance income on household welfare. The existent literature on remittance and household welfare has however presented mixed findings with other revealing no relation while others otherwise. There is dearth of knowledge regarding remittances in emerging economies. The current study seeks to establish the influence remittances on household welfare using a sample derived from households in Uganda which is a developing economy. The study adopted a panel design using data from 2013 to 2020 obtained from Uganda Bureau of statistics. The study findings reveal that remittance income enhances household welfare. Specifically, remittances enhance the consumption expenditure as well as reducing the poverty of the households. The study shapes the directional strategies by government economists to come up with the relevant measures to improve both internal and external remittances so as to reduce household poverty and enhance the household expenditure to spur economic growth and development. The study used a panel design with time gaps because there wasn't enough data. As a result, time series data may be used in future studies to better understand long-term relationships.</p> Joash Robert Alex Watema ##submission.copyrightStatement## 2022-11-22 2022-11-22 17 1 36 51