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This paper investigates organisational-level attributes that allow European SMEs to choose equity-based modes of entry to foreign markets, thus becoming micro-multinationals. We hypothesize that international R&D cooperation (hypothesis 1) and using digital marketing (hypothesis 2) by SMEs...
Persistent link: https://www.econbiz.de/10012026440
envelopment analysis (DEA), to assess the best performers in terms of transforming existing bureaucratic burdens into selected SME … environment of public administration excellence into SME indicator growth. On the other hand, Denmark and the UK, despite their … top ease-of-doing-business rankings could not significantly spur SME growth in the considered period. Nevertheless, the …
Persistent link: https://www.econbiz.de/10011822363
The role of Small and Medium-sized enterprises (SMEs) as a source of employment opportunities and innovation in our local and regional territories is well known. However, the SMEs must face different challenges due to the dynamic context in which they are operating and the global competition. In...
Persistent link: https://www.econbiz.de/10012543324
The aim of our paper is to identify how entrepreneurs from European Union (EU) countries use information and communications technologies (ICTs) in their business activities. We also propose to identify if there are differences in the use of ICTs by entrepreneurs, according to level of economic...
Persistent link: https://www.econbiz.de/10012213332
European economy-the SMEs. The CMU aims at improving the framework conditions for SME financing, at strengthening bank lending …-for various financial instruments from debt to equity. This article explains the SME financing-related objectives of the CMU by … mittlere Unternehmen (KMU), des sogenannten Rückgrats der europäischen Wirtschaft, zu erleichtern und zu erweitern. Die …
Persistent link: https://www.econbiz.de/10011916040
This paper reviews the evidence on financing technology-based small firms (TBSFs) in Europe. The main findings in the literature are the 1) European TBSF's finance new investments by relying primarily on internal funds, due to capital market failures induced by asymmetric information; 2)...
Persistent link: https://www.econbiz.de/10008729547
Previous research has indicated that firms can use internationalization as a strategy to access or build up resources. Such a strategy may be of particular interest or even necessary for firms that lack specific resources. Based on resource dependency theory and the model for entrepreneurial...
Persistent link: https://www.econbiz.de/10014210308
This paper examines the state of small and medium enterprises (SMEs) in European and U.S. unregulated stock markets. The analysis compares the performance of both markets, using the weekly adjusted closing index prices of Euronext all share index, NYSE AMEX Composite Index, and the OTCM ADR...
Persistent link: https://www.econbiz.de/10012891879
The article elaborates on conditions for SMEs in the EU and Poland as far as integrated EU business environment is concerned. It also focuses on the important role of the EU policy and integrated business environment on the cooperation strategies between SMEs. Although it was not the intention...
Persistent link: https://www.econbiz.de/10014028827
the overall world population is working for SMEs. Historically, research studies on SME lending have emphasised that SMEs …
Persistent link: https://www.econbiz.de/10013230875