IDEAS home Printed from https://ideas.repec.org/a/igg/jrcm00/v6y2017i4p56-69.html
   My bibliography  Save this article

Assessing the Risk of Leveraging Technology in Small Businesses Entering the European Union

Author

Listed:
  • Fation Losha

    (University of New York Tirana, Tirana, Albania)

  • Kenneth David Strang

    (School of Business and Economics, State University of New York, Queensbury, NY, USA & APPC Research Australia, Cammeray, Australia)

  • Narasimha Rao Vajjhala

    (American University of Nigeria, Yola, Nigeria)

Abstract

Small businesses (SB's) with less than 50 employees contribute significantly to the gross national product of transition economy countries in European Union (EU) nations where they account for 99% of all businesses. The EU is recognized as a strong effective fluid international trade system of 28 members and seven applicant countries in the process of integrating. The key advantages of joining the EU include untaxed cross-border product/service trade, better social systems, and improved economic stability. There are seven countries in a high-risk situation of attempting to join the EU. The highest risk these seven countries face is to leverage technology to facilitate the increasing demands of regulation administration and commerce imposed by EU standards. The purpose of this study is to examine the ability of SB's in an integration EU country to overcome risk by leveraging technology. The authors use SB's in Albania as a national case study population.

Suggested Citation

  • Fation Losha & Kenneth David Strang & Narasimha Rao Vajjhala, 2017. "Assessing the Risk of Leveraging Technology in Small Businesses Entering the European Union," International Journal of Risk and Contingency Management (IJRCM), IGI Global, vol. 6(4), pages 56-69, October.
    • Handle: RePEc:igg:jrcm00:v:6:y:2017:i:4:p:56-69
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJRCM.2017100104
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:igg:jrcm00:v:6:y:2017:i:4:p:56-69. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.