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Small and medium enterprises (SMEs) represent a large percentage of the corporate tissue of developed countries, but they do not have adequate attention. In fact, various researchers have focused their studies on larger and well-known companies. This paper aims to investigate the impact of...
Persistent link: https://www.econbiz.de/10011435848
SMEs play an important role in the economic development of Mozambique. Access to finance is important for the growth of SMEs. Thus, the purpose of the study was to establish the factors that influence access to finance by SMEs. The factors that were addressed included structure of financial...
Persistent link: https://www.econbiz.de/10011458530
In recent times, venture capital (VC) financing has evolved as an alternative feasible funding model for young innovative companies. Existing studies focus on whether VC enhances profitability. While helpful, this body of work does not address a critical question: whether VC firms are more...
Persistent link: https://www.econbiz.de/10013168822
Access to finance has been identified as one of the biggest problems faced by small and medium-sized enterprises (SMEs) in most developing economies. Similarly, access to finance has been identified as a dominant constraint facing the SME sector in Lesotho. This paper established the factors...
Persistent link: https://www.econbiz.de/10013459389
The purpose of this study was to examine factors that determine micro- and small-scale enterprises' financing preference in line with pecking order theory and access to credit in Benishangul-Gumuz Regional State of Ethiopia. The study used primary data collected using cross-sectional survey...
Persistent link: https://www.econbiz.de/10013459391
Purpose: The purpose of this article is to better understand the management challenges facing managers in small growing firms. Design/methodology/approach: Empirical data have been collected in Sweden through structured observations (approx. 20,000 min) of the working days of six top managers in...
Persistent link: https://www.econbiz.de/10011390070
This study uses a database of small businesses that participated in the US Department of Commerce's Advanced Technology Program (ATP) to observe the role of research alliances in undertaking high-risk technology research and development. The initial hypothesis is that small businesses benefit...
Persistent link: https://www.econbiz.de/10010244756
A business model describes the design of the value creation and capture mechanisms needed to yield profit. We contend that for a business model to be viable in turbulent and hypercompetitive environments, its dynamics are important and must leverage, out of all key business model modules...
Persistent link: https://www.econbiz.de/10010246691
To innovate, firms constitute a ‘knowledge-capital’, defined as a set of information and knowledge produced, acquired and used in the value creation process. In this paper, we focus on small and medium-sized companies (SMEs) and study their ability to develop their own knowledge-capital as...
Persistent link: https://www.econbiz.de/10010246889
Enterprise growth has been studied by researchers for many years. Different terms have been used by different authors to define the stages of an enterprise growth, but the events through which each enterprise passes remain more or less the same. Most of the researchers suggest that each...
Persistent link: https://www.econbiz.de/10009788442