Owner-managers make decisions and manage their firm as governed by the manner in which they conceptualize or ‘conceive’ performance for themselves and their firm, rather than being governed by researchers' and experts' conceptualizations of small business performance. On the basis of survey...

De nos jours, l’économie mondiale oblige les entreprises des pays développés à subir un processus de restructuration. Dans ce contexte, les entreprises industrielles se doivent de collaborer avec le secteur des services afin d’améliorer leur compétitivité. En effet, les PME de...

The entrepreneurship literature teaches us that the aspirations and competence of SME owner-managers as well as their strategic management behaviour can influence both the development and performance of their firm. However the research issues that surround the owner-manager's business venturing...

In a now global knowledge-based economy, the strategic intent of manufacturing SMEs is manifested by the development of strategic capabilities not only for product and market development, but also for the development of their network, technological and human resources. This paper presents the...

The goal of this paper is to gain a better understanding of the factors that determine the risk premium on bank lines of credit obtained by SMEs, and whether firm size, which may be used by banks to segment their client base, also has an impact on credit costs. An analysis of data from 406 SMEs...

Unlike other types of finance providers, the contribution made by venture capitalists (VCs) to the small and medium-sized enterprises (SMEs) they back is not strictly financial in nature. Because they have a stake in the firms' profits and losses, they often play an active role as investors, for...