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The Impact Of Eu Funds On The Development Of A Business Model For Small And Medium-Sized Enterprises

Author

Listed:
  • Marian Olinski

    (Department of Organization and Managament Faculty of Economics University of Warmia and Mazury in Olsztyn)

  • Piotr Szamrowski

    (Department of Organization and Managament Faculty of Economics University of Warmia and Mazury in Olsztyn)

Abstract

The increased interest in business models can be observed in the second half of the 90s of the last century. The research objective of this study is to assess the impact of grants received by companies on the formation of the business model. The study used the “Canvas” model proposed by A.Osterwalder and Y.Pigneur and covered micro, small and medium-sized enterprises based in rural areas, which received support in the form of investment grants under the Regional Operational Programmes between 2007–2013 for northern Poland. The results indicate that investment grants clearly influenced the modification of the business model elements, which are located on the left side of the “Canvas” template.

Suggested Citation

  • Marian Olinski & Piotr Szamrowski, 2016. "The Impact Of Eu Funds On The Development Of A Business Model For Small And Medium-Sized Enterprises," OLSZTYN ECONOMIC JOURNAL, University of Warmia and Mazury in Olsztyn, Faculty of Economic Sciences, vol. 11(2), pages 165-175, May.
    • Handle: RePEc:ole:journl:v:11:y:2016:i:2:p:165-175
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    File URL: http://www.uwm.edu.pl/wne/podstrony/oej1/wydania/eko11_16_2.pdf
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    Citations

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    Cited by:

    1. Adam Wisniewski, 2021. "The Link Between Business Relations and Success of an Organization: A Research Study," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 521-535.

    More about this item

    Keywords

    business model; micro; small and medium-sized enterprises; grant;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • G0 - Financial Economics - - General
    • E0 - Macroeconomics and Monetary Economics - - General

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