Collaborating with other structures offers businesses – particularly smaller ones – excellent support to enable them to successfully face up to the challenges posed by globalised markets: by joining forces, creating systems and weaving networks of collaborative relationships with other...

Knowledge that exists within organization is a sustainable source of competitive advantage. Though enormous research on knowledge management (KM) has taken place, little focus has been on KM in Small and Medium Enterprises (SMEs). Globalization of supply chains, rapid technological advances,...

In this article, an IT risk management (ITRM) framework for small and medium enterprises (SMEs) is designed and evaluated. The framework's objective is to provide an uncomplicated and accessible ITRM approach primarily aimed at SMEs without a dedicated ITRM. The framework combines essential...

The purpose of this study is to investigate the impact of internal and external R&D on SMEs innovation performance. Micro level data was obtained from Enterprise Survey. For analysis, bivariate models have been used. The results show that internal and external R&D positively affects the product...

This paper argues that a definition of small business is important for both research and governmental policy. A chronological history of definitions is discussed along with their limitations. A new definition of small business is advocated when a business has personal guarantees and has no...

A fundamental understanding of small businesses begins with an adequate definition of what constitutes a small business. Often the definition of a small business incorporates the definitions employed by the Small Business Administration (SBA) which, in part, uses the number of employees as the...

Analyzing the competitive performance of Romanian industry, one may say that Romania has an economy based mainly on the manufacturing industry, characterized by features such as: • high labor intensity, especially in industries such as textiles, knitwear, apparel, leather and footwear; •...

This article tests the hypothesis that financial supply-side shifts help to explain the low-investment climate of private firms in Germany. The core contention is that a firm's financial position contributes to its access to external finance on credit markets. Special emphasis is put on small...