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Tytuł:
Prospects for development of the SME sector in Poland in the, field of governments policy towards small and medium-sized enterprises
Autorzy:
Nowakowska - Grunt, Joanna
Kowalczyk, Anna
Wojtaszek, Henryk
Powiązania:
https://bibliotekanauki.pl/articles/1177446.pdf
Data publikacji:
2018
Wydawca:
Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
Tematy:
competitiveness
economy
small and medium-sized enterprises
Opis:
As a result of economic transformation, dynamic development of entrepreneurship took place. It effected in over 2 million small and medium-sized enterprises, that currently operate. The SME sector (micro, small and medium companies) comprises the vast majority of companies in Poland, namely 99.8%. The smallest entities are obviously the most numerous ones - 96% are micro-companies (1.84 million). The share of small companies in the structure of Polish companies is 3.0% (56.7 thousand), whereas for medium companies it is 0.8% (15.6 thousand), and for large companies it is only 0.2% (3.4 thousand). Condition and development prospects for small and medium companies and other participants of economic life generally depend on macroeconomic conditions. Therefore, the basic condition for long-term development of the small and medium-sized company sector should be recognized as stable macroeconomic policy held by the state, ensuring long-term economic balance, simultaneously leading to gradual reduction of tax and interest rates.
Źródło:
World Scientific News; 2018, 103; 223-233
2392-2192
Pojawia się w:
World Scientific News
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
BARRIERS TO THE DEVELOPMENT OF SMES IN THE SLOVAK REPUBLIC
Autorzy:
Ivanova, Eva
Powiązania:
https://bibliotekanauki.pl/articles/489057.pdf
Data publikacji:
2017
Wydawca:
Instytut Badań Gospodarczych
Tematy:
small and medium-sized enterprises
innovations
funding sources
Opis:
Research background: SMEs make up an important segment of the economic system, not only in the national economy, but also throughout the EU, and their importance continues to grow. SMEs in Slovakia, according to the latest data of the European Commission, represent 99.9 per cent of all enterprises, constitute 70.7 per cent of jobs, and 61.2 per cent of value added in the economy. However, they are often confronted with market imperfections. SMEs frequently have difficulties in obtaining capital or credit, particularly in the early start-up phase. Their restricted resources may also reduce access to new technologies or innovation. Authors often deal with the impact of SME financing on their development. Madrid-Guijarro et al. (2016), Lee et al. (2015) claim that SMEs have difficulty in funding innovation and the worsening in general credit conditions has been more pronounced for non-innovative firms. Purpose of the article: The main objective of the conducted research was to analyze the conditions for the development of small and medium enterprises (the SMEs sector) in Slovak Republic, whereas the specific objectives were: (1) to determine the terms for gaining external sources of financing for the development of SMEs, (2) to examine the resources for innovation development in the SMEs sector, (3) to find out if SMEs are considered to be a competitive advantage. Methods: The research was conducted in the Slovak Republic in 2016. Participants were 193 Slovak companies that were classified as SMEs by the size class of employment. The research tool used for the study was the own questionnaire consisting of 38 questions and the demographics. The structure of the questionnaire allowed the authors to identify the group of questions concerning the most important conditions for the development of the examined sector referring to the business environment. The results were processed by chi-square method. Findings & Value added: On the basis of the conducted research of the sector of SMEs , it can be concluded that a large group of companies have difficult access to external sources of financing and this refers both to the access to the European Union funds, grants, bank loans and other instruments of the financial market. However, it occurs that: (1) in Slovakia, the smaller the enterprise, i.e. the fewer employees it hires, the easier the access to external sources of financing, (2) innovative projects are realized from company profits or a loan, (3) problems in Slovakia in accessing external funds due to the complexity of the process of approval of applications and documents and strict criteria for the assessment of financial capacity.
Źródło:
Oeconomia Copernicana; 2017, 8, 2; 255-272
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Significance of the EU Funds in Investments of Small and Medium-Sized Enterprises
Autorzy:
Spoz, Anna
Powiązania:
https://bibliotekanauki.pl/articles/488935.pdf
Data publikacji:
2014
Wydawca:
Instytut Badań Gospodarczych
Tematy:
Small and medium-sized enterprises
investments
EU funds
Opis:
Nowadays competitiveness of enterprises is determined by the size and range of implemented investment projects. The investments need to involve necessary resources. In the case of the SME sector, enterprises have limited financial assets. Therefore, Poland’s accession to the European Union and the opportunity to use its funding is a chance for development of this sector. The aim of the paper is to discuss the significance of EU funds in investments of SMEs and to present the most important advantages and barriers to their spending. The research methods used in this paper are: study of literature and analysis of secondary data. The research material comprises programming documents and the results of research carried out at the request of the European Leasing Fund, the Polish Agency for Enterprise Development and the Polish Confederation Lewiatan. Conclusions: EU funding is an attractive source of financing investments for enterprises. It is one of the most affordable forms of obtaining capital. Acquisition of additional financial means can determine the start of an investment, extend its scope, increase its rate and improve its quality. However, in practice the share of EU funds in financing SMEs investments is still small and entrepreneurs face many barriers to using this form of support. Major obstacles include: excessive bureaucracy, strict procedures, over-scrupulous office workers, lengthy verification of payment applications, as well as delays in payments to beneficiaries.
Źródło:
Oeconomia Copernicana; 2014, 5, 4; 61-74
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Peripheral challenge by Small and Medium Sized Ports (SMPs) in Multi-Port Gateway Regions: the case study of northeast of China
Autorzy:
Feng, L.
Notteboom, T.
Powiązania:
https://bibliotekanauki.pl/articles/259285.pdf
Data publikacji:
2013
Wydawca:
Politechnika Gdańska. Wydział Inżynierii Mechanicznej i Okrętownictwa
Tematy:
SMPS
BER
small and medium-sized enterprises (SMEs)
Opis:
This paper focuses on the role of small and medium-sized ports (SMPs) in enhancing the competitiveness and logistics performance of multi-port gateway regions and associated inland logistics systems. The concepts developed will be applied to the ports in the northeast of China, a multi-port gateway region around the Bohai Sea Economic Rim (BER). Port competition is analyzed by multi-variable methodology and generalized common characteristics of SMPs compared to gateway ports, and the similarities of SMPs and SMEs are also compared. Later in this paper, we analyze the role of a SMP in such region in different variables: (a) cargo volume and market share; (b) international connectivity; (c) relative cluster position; (d) port city and hinterland connection; and (e) logistics and distribution function. The five-dimension analysis combined with in-depth cases study of typical Yingkou port describes a profile of SMPs in the BER and provides future study possibility for more SMPs cases worldwide.
Źródło:
Polish Maritime Research; 2013, S 1; 55-66
1233-2585
Pojawia się w:
Polish Maritime Research
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Developing Competitive Advantage on the Example of Internationalized SMEs in the Food Sector of Greater Poland Region
Autorzy:
Budzyńska, Agata
Powiązania:
https://bibliotekanauki.pl/articles/488872.pdf
Data publikacji:
2013
Wydawca:
Instytut Badań Gospodarczych
Tematy:
competitive advantage
food sector
small and medium-sized enterprises
Opis:
Omnipresent globalization engulfs more and more areas of life, which is why one of the most important processes in today's economy is shaping the so-called global village. Both globalization and the consequent internationalization constitute some of the biggest challenges for Polish companies. In addition, the intensity of competitive businesses in the global market forces companies to seek competitive advantages and improve their abilities in the process. The article contains the results of empirical research conducted in the years 2010-2011 in Greater Poland as part of the project titled "Determinants of competitive advantage of Greater Poland's food processing companies in the international market." This paper also contains data from both theoretical and empirical evidence on building competitive advantage in international markets provided by the analyzed group of internationalized SMEs. The aim of this study is to identify the factors determining the formation of competitive advantage of food processing companies from Greater Poland, which in turn contributed to the internationalization of those businesses. Secondary sources were used in pursuing the goal - theoretical implications were based on studies of literature, and they were verified by surveys. In addition, the following methods were used: description, visualization and statistical techniques. The time range of the undertaken work covers the years 2008-2011.
Źródło:
Oeconomia Copernicana; 2013, 4, 4; 45-57
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Importance of SME’s Development in Terms of Regional Competitiveness in Slovakia
Znaczenie rozwoju MSP w uwarunkowaniach konkurencji regionalnej na Słowacji
Autorzy:
Fedorová, Nikola
Palenčárová, Martina
Powiązania:
https://bibliotekanauki.pl/articles/548476.pdf
Data publikacji:
2012
Wydawca:
Uniwersytet Rzeszowski. Wydawnictwo Uniwersytetu Rzeszowskiego
Tematy:
SME
Slovak Republic
MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES
Opis:
The study presents problems of small and medium-sized enterprises’ development in Slovakia. There were discussed specific conditions for the SME’s functioning at both national and regional level. The market competition as well as state interventionism were taken into account. The influence of the SMEs on the Slovak economy was described in details.
W opracowaniu zaprezentowano problemy rozwoju małych i średnich przedsiębiorstw na Słowacji. Przedstawiono specyficzne uwarunkowania dla funkcjonowania MSP na poziomie krajowym i regionalnym. Uwzględniono zarówno konkurencję rynkową, jak i państwowy interwencjonizm. Szczegółowo opisano znaczenie MSP dla gospodarki Słowacji.
Źródło:
Nierówności Społeczne a Wzrost Gospodarczy; 2012, 28; 315-325
1898-5084
2658-0780
Pojawia się w:
Nierówności Społeczne a Wzrost Gospodarczy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
SMALL AND MEDIUM-SIZED ENTERPRISES IN POLAND: FINANCIAL ASPECTS
Autorzy:
Bednarz, Joanna
Powiązania:
https://bibliotekanauki.pl/articles/450514.pdf
Data publikacji:
2008
Wydawca:
Uniwersytet Gdański. Wydawnictwo Uniwersytetu Gdańskiego
Tematy:
Small and Medium-sized Enterprises
Banks
Sources of Financing
Opis:
This paper describes the role of small and medium-sized enteprises in Polish economy. It concentrates on problems with finding necessary sources of financing for their current activity and investment and the capabilities of obtaining such means in banks.
Źródło:
International Journal of Emerging and Transition Economies (IJETE); 2008, 1, 1; 93-105
1308-2701
Pojawia się w:
International Journal of Emerging and Transition Economies (IJETE)
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The attitudes of entrepreneurs of the small and medium-sized enterprises sector in Poland to key business risks
Autorzy:
Dankiewicz, Robert
Ostrowska-Dankiewicz, Anna
Bulut, Cagri
Powiązania:
https://bibliotekanauki.pl/articles/22444408.pdf
Data publikacji:
2020
Wydawca:
Instytut Badań Gospodarczych
Tematy:
risk
risk management
small and medium-sized enterprises (SMEs)
Opis:
Research background: The risk management process is a key element in running a business. Moreover, it is basically one of the basic and most important internal processes in any company, regardless of its size. However, due to the extremely important role played by small and medium-sized enterprises in the economy, the problem of proper management of endogenous and exogenous risks becomes particularly important. Purpose of the article: The article aims to show the importance of risk management in the operations of modern enterprises in the SMEs sector and the attitudes of entrepreneurs towards key business risks. Methods: The research was based on data on 332 enterprises from the SMEs sector operating in Poland. The data was collected using the CSAQ method in the period from 12 of November 2019 to 9 of March 2020. The distribution of risk assessment in the studies was analysed using Tau Kendall statistics, while the risk management index was created by examining the attitudes of entrepreneurs towards individual risk factors. Findings & Value added: The results of the survey showed that three-quarters of enterprises did not manage risk in a formalized way and that decision-makers in enterprises often paid too little attention to the issues related to managing different types of risk. The article should, therefore, draw the attention of managers to the need to build appropriate procedures to enable effective risk management that creates opportunities for the safe operation of the enterprise. The added value of the work is a detailed analysis of the management of individual types of endogenous and exogenous risks, as well as an indication of what features of enterprises affect the effectiveness of actions taken in the field of controlling these risks. Research is valuable because of the small amount of studies that links managers' approaches to risk management with actual risk management effectiveness.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2020, 15, 3; 511-536
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Relationship between fiscal instruments and investments of industrial SMEs and les in Poland
Autorzy:
Woźniak, M.
Lisowski, R.
Powiązania:
https://bibliotekanauki.pl/articles/108346.pdf
Data publikacji:
2016
Wydawca:
Akademia Górniczo-Hutnicza im. Stanisława Staszica w Krakowie. Wydawnictwo AGH
Tematy:
fiscal instruments
investments
small and medium-sized enterprises
large enterprises
Opis:
The authors used statistical tools to analyze the relationship of fiscal support instruments and the level of the investment of industrial micro, small, and medium–sized enterprises in comparison to large companies in Poland in the years 2006–2014. The results revealed that there is a significant relationship between the level of investment in micro–, small–, and medium–sized enterprises and the majority of tax instruments. There is a negative relationship between the instruments and some of other factors that should influence on the investments of enterprises.
Źródło:
Managerial Economics; 2016, 17, 2; 261-275
1898-1143
Pojawia się w:
Managerial Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Professional Development of Older Employees in Small and Medium Enterprises
Autorzy:
Trochimiuk, Renata
Powiązania:
https://bibliotekanauki.pl/articles/417283.pdf
Data publikacji:
2015-03-15
Wydawca:
Akademia Leona Koźmińskiego w Warszawie
Tematy:
Training
small and medium-sized enterprises
older workers
professional development
Opis:
Purpose: The aim of the paper is to present and assess professional development opportunities for older employees in SME. Methodology: In the process of desk research, the author has discerned a number of characteristics of training activities conducted by SMEs. The management of older employees’ professional development is discussed on the basis of selected research findings, i.a. CATI and CAPI surveys conducted in the framework of the “Comprehensive program of activation of people aged 50+” project carried out by the Department of Human Resource Management at Kozminski University in 2010–2012. Findings: The first part of the paper discusses the specificity of training measures undertaken in SMEs. According to a large body research results available, these include: informality, reactivity, short-term perspective, focus on solving current problems, “learning by doing”, focus on the development of specific skills and organizational knowledge, lack of professional organization of trainings. The core part of the paper focuses on the management of professional development of older employees in SMEs. The majority of surveyed firms have declared providing their older and younger employees with the same access to training. However, it does not always mean training is organised, or that employees aged 50+ participate in it. Moreover, the survey has proven the existence of significant differences in assessments and opinions among entrepreneurs and employees. Originality/value: This paper discusses professional development of older SME employees, which is a relatively new problem; it is based on an extensive body of research. Managing professional development of older workers is one of the most important challenges faced by SMEs in the twenty first century and it shall require extensive and thorough research in the future.
Źródło:
Management and Business Administration. Central Europe; 2015, 1; 79-94
2084-3356
Pojawia się w:
Management and Business Administration. Central Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
EFFECT OF MOTIVATIONAL TOOLS ON EMPLOYEE SATISFACTION IN SMALL AND MEDIUM ENTERPRISES
Autorzy:
Mura, Ladislav
Vlacseková, Dominika
Powiązania:
https://bibliotekanauki.pl/articles/488909.pdf
Data publikacji:
2017
Wydawca:
Instytut Badań Gospodarczych
Tematy:
motivation
motivation factors
motivational tools
small and medium-sized enterprises
Slovakia
Opis:
Research background: This paper begins by defining the small and medium-sized enterprises and their background in Slovakia. It explores the roles of SMEs in the economic development. Furthermore, the background of the paper analyzes motivational tools in practice. Purpose of the article: The purpose of the paper is to provide a better understanding of the employee motivation issues in small and medium-sized Slovak enterprises; an examination of the motivational tools that influences the levels of satisfaction of employees of SMEs. Methods: This research was conducted with members of small and medium enterprises in Slovakia. A personal information form and the motivation factors questionnaire form were used as data collection tools. The ending contains the results of the research and conclusions. The Pearson-correlation and the Asymptotic Significance (2-sided) were used as statistical methods. Findings & Value added: The findings show that motivation is very individual and managers have a hard task by motivating their employees. Employees are more motivated by intrinsic factors rather than extrinsic, but none of the two can be overlooked by the managers.
Źródło:
Oeconomia Copernicana; 2017, 8, 1; 111-130
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Knowledge Safety – Insights from the SME Sector
Autorzy:
Zięba, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/465560.pdf
Data publikacji:
2017-09-15
Wydawca:
Akademia Leona Koźmińskiego w Warszawie
Tematy:
knowledge safety
knowledge loss
small and medium-sized enterprises
case study
Źródło:
Journal of Management and Business Administration. Central Europe; 2017, 3; 78-96
2450-7814
Pojawia się w:
Journal of Management and Business Administration. Central Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
An Influence of Strategic Awareness on Management Control: Evidence from Polish Micro, Small and Medium-sized Enterprises
Autorzy:
Dyczkowska, Joanna
Dyczkowski, Tomasz
Powiązania:
https://bibliotekanauki.pl/articles/417316.pdf
Data publikacji:
2015-03-15
Wydawca:
Akademia Leona Koźmińskiego w Warszawie
Tematy:
management control systems
strategic awareness
micro, small and medium-sized enterprises
Opis:
Purpose: The paper investigates whether employees’ strategic awareness influences the shape of management control systems (MCSs) in Polish micro, small and medium-sized enterprises (mSMEs). Methodology: The study is based on data obtained from 223 companies between November 2010 and January 2012. The quantitative analysis used a set of variables which depicted MCSs: ‘goalsetting process’, ‘control framework’ and ‘organisation of control’. Strategic awareness was considered an independent variable. Findings: The results showed positive correlations between strategic awareness and considered variables. Regression models developed by the authors proved statistically valid. The study evidences, that increasing employees’ strategic awareness stimulates their participation in goal-setting, contributes to the development of more comprehensive MCSs, or may even imply formalisation of management control. Research limitations: The study does not include an analysis of the extent to which employees find MCSs useful in their work. This will be considered in future research. Another possible extension of the project is to identify factors which enable the capturing of the dynamic character of MCSs and their changes over time. Practical implications: The knowledge of MCSs does not explain whether or not the strategic orientation of a company stimulates a need for MCS. Such knowledge may be important to managers who have to face Polish employees’ general aversion to control. Originality: The study contributes to the limited body of knowledge in a scope of relations between employees’ strategic awareness and control mechanisms in Polish mSMEs.
Źródło:
Management and Business Administration. Central Europe; 2015, 1; 3-31
2084-3356
Pojawia się w:
Management and Business Administration. Central Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Selected factors of internationalisation and their impact on the SME perception of the market risk
Autorzy:
Virglerova, Zuzana
Ivanova, Eva
Dvorsky, Jan
Belas, Jaroslav
Krulický, Tomáš
Powiązania:
https://bibliotekanauki.pl/articles/19233723.pdf
Data publikacji:
2021
Wydawca:
Instytut Badań Gospodarczych
Tematy:
internationalisation
market risk
small and medium-sized enterprises
the Visegrad Four
Opis:
Research background: Internationalisation of entrepreneurial activities provides an ample opportunity for the growth and sustainability of small and medium-sized enterprises (SMEs). When making their business activities international, SMEs are facing various obstacles. Investigating the key factors of internationalisation and their impact on SME decision making constitutes a key factor of the research work. Purpose of the article: The main purpose of the paper is to examine the impact of selected factors of SME internationalisation on the positive perception of the market risk. Higher export costs, differences in legal environment, taxes, and linguistic and cultural differences were set to be the significant factors influencing the positive perception of the market risk. Bearing the main purpose in mind, the Visegrad Four (V4 - Czech Republic, Slovakia, Poland, Hungary) were examined. Methods: The questionnaire in mother tongue of each country in online and paper form was used. The questionnaire consists of 77 questions divided into several sections. Likert five-point scale was used to allow the respondents to express their opinion. In total, 1585 responses were completed. A regression analysis was used to verify the statistical significance of the independent variables and to quantify the causal relationships (determining the direction and strength of the effect) on the dependent variable. As the variables are of one metric, a linear regression model (LRM) was selected to validate the hypothesis. Findings & value added: The internationalisation of SME activities brings along many risks and barriers that SMEs need to overcome if they want to enter international markets. Many SMEs consider the barriers and restrictions to enter foreign markets to be severe. Therefore, they decide to do their business domestically. It was established in the research that only 30.2% of the respondents expanded their business activities internationally. The biggest impact on the positive assessment of the market risk was found to have linguistic and cultural differences. They do not have a negative effect on the positive perception of the market risk, so they do not hinder SMEs in their international expansion. The second most important was the factor of the export costs. The factor of possible increased costs is quite important for SMEs in making their decisions whether to expand internationally or not. This factor also shapes a positive approach to assessing the market risk by SMEs. In the research, SMEs confirmed that potential higher costs do not represent a major barrier for them in shaping their attitudes towards the market risk. The remaining factors being analysed, namely differences in legal environment and taxes, did not have a significant impact on the positive assessment of the market risk internationally. The practical implications can be found in new information about market risk in process of internationalisation provided from four selected countries.
Źródło:
Oeconomia Copernicana; 2021, 12, 4; 1011-1032
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Risk management in SMEs: Status quo and areas for future research in the German leasing industry
Autorzy:
Glaser, Christian
Henschel, Thomas
Powiązania:
https://bibliotekanauki.pl/articles/2076938.pdf
Data publikacji:
2022
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
risk management
small and medium-sized enterprises (SMEs)
leasing
financial services
Germany
Opis:
PURPOSE: The purpose of the present research note is to give an overview of research in the field of risk management in leasing SMEs as well as to present fields for future research. It intends to encourage other researchers to fill the current gap in research on risk management in general and on risk management in (German leasing) SMEs in particular. DESIGN/METHOD: The research note is based on interviews with 40 German leasing firms, thereof 35 SMEs. Qualitative research was chosen due to the nascent knowledge area and to explore cause-effect-relationships as well as to gain a deeper understanding of the practical requirements on risk management. RESULTS/FINDINGS: A research framework was presented based on the findings of the literature review. Based on the interviews, the framework could be drilled down into more operative, leasing-specific topics. Amongst others, it could be found that the risk management organisation is greatly shaped by the underlying risk strategy, the motivation for risk management, as well as the essential risks. These three elements form the basis for the operative and strategic risk management practice. Furthermore, it was differentiated in the different lifecycle phases of risk management. ORIGINALITY/VALUE: The presented research note is based on the first known research in the field of risk management for German leasing SMEs with a comparable number of interviews. Therefore, this research note includes a high degree of novelty. Adapting the findings in practice as well as combining it with other research questions might add significant value to risk management research as well as practice not only limited to the German leasing industry.
Źródło:
Studies in Risk and Sustainable Development; 2022, 396; 1-11
2720-6300
Pojawia się w:
Studies in Risk and Sustainable Development
Dostawca treści:
Biblioteka Nauki
Artykuł
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