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Key Factors of Small Business Success: Literature Review

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  • MaÅ‚gorzata OkrÄ™glicka

Abstract

The success of small businesses sector is crucial for national economies of all countries around the world. This is why the constant analysis of determinants responsible for small firm success is necessary. It allows for a quickreaction to changingbusiness conditionsandthe continuous improvement ofmanagement methods. Literature reviewindicated that theanalysis of key success factorsof smallbusinesses is a commonlyundertakensubject, although it is difficult tofind acomprehensivestudy, completely classifying the determinants ofsuccessaccording to certain criteria.

Suggested Citation

  • MaÅ‚gorzata OkrÄ™glicka, 2015. "Key Factors of Small Business Success: Literature Review," Journal of Social and Development Sciences, AMH International, vol. 6(4), pages 30-36.
    • Handle: RePEc:rnd:arjsds:v:6:y:2015:i:4:p:30-36
    DOI: 10.22610/jsds.v6i4.857
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    References listed on IDEAS

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    3. Steven P. Coy & Margaret F. Shipley & Khursheed Omer & Rao Nisar A. Khan, 2007. "Factors Contributory To Success: A Study Of Pakistan'S Small Business Owners," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 12(02), pages 181-198.
    4. Lyons, Richard K. & Chatman, Jennifer A. & Joyce, Caneel K., 2007. "Innovation in services: corporate culture and investment banking," LSE Research Online Documents on Economics 26940, London School of Economics and Political Science, LSE Library.
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    6. Ghosh, B. C. & Liang, Tan Wee & Meng, Tan Teck & Chan, Ben, 2001. "The key success factors, distinctive capabilities, and strategic thrusts of top SMEs in Singapore," Journal of Business Research, Elsevier, vol. 51(3), pages 209-221, March.
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