Browsing by Author "Fernando, WMSN"

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item: Conference-Full-text
Analysis of tech-diversification strategies adopted by technopreneurs: a case study on internationally oriented coconut toddy tech-based small and medium enterprises
(Business Research Unit (BRU), 2022-12-01) Fernando, WMSN; Dasanayaka, SWSB; Mudalige, D
The coconut industry is an important source of foreign exchange and employment generation for Sri Lanka. This internationally recognized ‘Coconut tree’ or ‘Kapruka’ provides substantial contribution to the wellbeing of domestic people as well as the country’s economy through its foreign earning generation. Pathiraja (2017) stated that in the global arena, export demand function widens its spectrum for more coconut related other products as a function. The main purpose of this research is to evaluate the performance of the TSMEs with the usage of different tech-diversification strategies adopted by the internationally oriented coconut toddy TSMEs. Secondary objectives of this research are identification of the impact and relationship of tech-diversification strategies on the TSMEs performance and determination of the optimum level of crop tech-diversification which maximizes performance of TSMEs. The ratio measures and aggregate measures from financial and physical measures are concerned for the methodology. For the sampling frame, a 58 sample of internationally oriented coconut toddy TSME technopreneurs in Madampe, Dummalasooriya, Kuliyapitiya and Narammala areas in Puttalam and Kurunegala districts in Sri Lanka considered for data collection with the usage of Simple Random Sampling technique. Findings of this research study revealed, overall tech-diversification strategy of the internationalized coconut toddy TSMEs is at a moderate tech-diversification level when considering aggregate financial measures. The level of tech-diversification should maintain at a moderate to high level where continuous and reasonable financial performance should be identified and adequately measured against the tech-diversification levels continuously.
item: Conference-Full-text
Human resource practices and turnover intention: a case study on internationalized tech-based small and medium gem and jewellery manufacturers in Kurunegala district of Sri Lanka
Fernando, WMSN; Dasanayaka, SWSB; Mudalige, D
Internationalized Tech-based Small and Medium Enterprises (TSMEs) are one of the major elements in the present globalized world scenario. In contemporary circumstances, Human Resources (HR) have become the most noteworthy asset for internationalized TSMEs as the ‘intellectual capacity’ is directly associated with the achievement of TSME’s objectives through efficient and effective management of technology, resources and people while balancing the cost structure of the internationalized TSMEs at an optimal level. It is essential to perfectly match the internationalized TSME’s small number of people with their specific job roles within the internationalized TSMEs so as to face the dynamic globalized business context whereas the turnovers directly affect the TSME’s sustainable growth and development. There is a dearth of research regarding the effects of human resource practices on turnover intention in Tech-based Small and Medium Gem and Jewellery Enterprises in Sri Lanka. A sample of 176 employees was selected using Multi-stage random sampling from the Gem and Jewellery TSMEs which are located in the Kurunegala District. Both descriptive and inferential techniques were used to analyze data. As per the findings, it was observed that the employees are satisfied with the existing human resources practices in the Gem and Jewellery TSMEs in the Kurunegala district. In accordance with the correlation coefficient analysis, there is a strong negative correlation between HR practices and turnover intention. In addition, all six human resource practices (Job Information, Job Analysis, Career Development, Work-Family Balance, Supervisor Support and Compensation) identified within this study context, affected the employee turnover intention within an internationalized TSME in a negative manner.