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Analysis Tools of Connecting Investment Opportunities and Investment Means in the Area of Small and Medium-Sized Enterprises

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  • Radim Valencik
  • Jan Cervenka

Abstract

The process of doing business can be seen as a permanent link between investment means and investment opportunities. During this process ideas are generated, turned into business projects and implemented as innovations. In general, investment means and investment opportunities are joined together on mutually interconnected investment markets. This paper describes the preconditions for efficient operation of these markets, using mathematical analysis and a derived model, based on a theory of cooperative games. Barriers to the use of investment opportunities for SMEs are identified that are due either to the underdevelopment of some segments of the financial markets, or positional investment. Finally, specific recommendations for the support of small and medium-sized enterprises are made.

Suggested Citation

  • Radim Valencik & Jan Cervenka, 2016. "Analysis Tools of Connecting Investment Opportunities and Investment Means in the Area of Small and Medium-Sized Enterprises," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 130-139.
    • Handle: RePEc:ers:journl:v:xix:y:2016:i:4:p:130-139
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    File URL: http://www.ersj.eu/repec/ers/papers/16_4_p11.pdf
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    References listed on IDEAS

    as
    1. Houba, Harold & van der Laan, Gerard & Zeng, Yuyu, 2014. "Asymmetric Nash Solutions in the River Sharing Problem," Strategic Behavior and the Environment, now publishers, vol. 4(4), pages 321-360, December.
    2. Oecd, 2006. "The SME Financing Gap: Theory and Evidence," Financial Market Trends, OECD Publishing, vol. 2006(2), pages 89-97.
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    Cited by:

    1. Dmytro Riznyk, 2023. "Systemic And Structural Characteristics Of Investment Activity In Ukraine," Three Seas Economic Journal, Publishing house "Baltija Publishing", vol. 4(1).
    2. Valentyn Lesinskyi & Olexandr Yemelyanov & Oksana Zarytska & Tetyana Petrushka & Nataliia Myroshchenko, 2024. "Designing a toolset for assessing and implementing the potential of energy-saving economic development of enterprises," Eastern-European Journal of Enterprise Technologies, PC TECHNOLOGY CENTER, vol. 4(13 (130)), pages 31-43, August.

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    More about this item

    Keywords

    financial markets; investment opportunities; investment means; cooperative games;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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