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Partnerships and development policies for small-medium enterprises in Greece: a CFA approach

Author

Listed:
  • Théodore METAXAS

    (Department of Economics, University of Thessaly)

  • Marie-Noëlle DUQUENNE

    (Department of Planning and Regional Development, University of Thessaly)

Abstract

This research investigates the importance of selected local development policies for SME enterprises in the city of Thessaloniki, Greece, just before the beginning of the economic crisis. The research has been implemented by administering questionnaires on a representative sample of 227 enterprises. These enterprises have been selected through a stratified random sampling where strata are related to the main economic sector. Through Structural Equation Analysis (SEM) and Confirmatory Factor Analysis (CFA), the objective is not only to appreciate which of the initial variables (reflecting alternatives policies) affect intensively the Exploratory Factor Analysis (EFA) components but also to assess which policies are perceived by firms as the most determinant in terms of partnerships development and improvement of competitiveness according to their sector of operation.

Suggested Citation

  • Théodore METAXAS & Marie-Noëlle DUQUENNE, 2017. "Partnerships and development policies for small-medium enterprises in Greece: a CFA approach," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 45, pages 131-158.
    • Handle: RePEc:tou:journl:v:45:y:2017:p:131-158
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    More about this item

    Keywords

    Local development policies ; Partnerships ; Firms’ development ; Exploratory Factor Analysis ; Structural Equation Modeling ; Confirmatory Factor Analysis ; Thessaloniki;
    All these keywords.

    JEL classification:

    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • R59 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Other
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm

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