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External Determinants of the Development of Small and Medium-Sized Enterprises – Empirical Analysis

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  • Renata Lisowska

    (University of Lodz, Department of Entrepreneurship and Industrial Policy, Faculty of Management)

Abstract

The paper aims to identify external determinants of the development of small and medium-sized enterprises and assess their impact on the functioning of these entities in Poland. Meeting this objective required: identifying determinants of the development of SMEs, determining the current development situation of the surveyed enterprises and examining the impact of external determinants on the development of SMEs. The implementation of the above-presented goals was based on the following assumptions: (i) the current situation of the surveyed enterprises is determined with the use of quantitative indicators (turnover volume, number of employees, market share, profit levels) (ii) the analysis of external determinants encompasses three components of the environment: the macro-environment, the meso-environment and the micro-environment, (iii) in each analysed area there are separate analyses conducted for micro, small and medium-sized enterprises, enabling greater precision in the identification of external determinants of development for each category of businesses.

Suggested Citation

  • Renata Lisowska, 2015. "External Determinants of the Development of Small and Medium-Sized Enterprises – Empirical Analysis," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(4), pages 115-138.
    • Handle: RePEc:aae:journl:v:11:y:2015:i:4:p:115-138
    DOI: 10.7341/20151145
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    References listed on IDEAS

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    4. Muhammad Azam Roomi, 2009. "Impact Of Social Capital Development And Use In The Growth Process Of Women-Owned Firms," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 17(04), pages 473-495.
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    Cited by:

    1. Lukasz Kuzminski & Michal Nadolny & Henryk Wojtaszek, 2020. "Self-assessment and Preferred Characteristics of the Superior," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 708-719.
    2. Marta Gancarczyk & Joanna Bohatkiewicz, 2018. "Research Streams in Cluster Upgrading. A Literature Review," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 4(4), pages 17-42.
    3. Gancarczyk, Marta & Gancarczyk, Jacek, 2018. "Proactive international strategies of cluster SMEs," European Management Journal, Elsevier, vol. 36(1), pages 59-70.
    4. Edward Stawasz, 2019. "Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(1), pages 61-82.
    5. Teresa Krasnicka & Wojciech Glod, 2016. "Determinants of High-Growth Enterprises in Poland (Determinanty szybkiego wzrostu przedsiebiorstw w Polsce)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 14(62), pages 49-67.
    6. Marta Gancarczyk & Jon Mikel Zabala Iturriagagoitia, 2015. "The Process of the Growth of Small and Medium-Sized Enterprises (SMEs)," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(4), pages 3-24.

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