Access to financing plays an eminent role for a small enterprise sector in any economy. Research usually finds a positive size efficiency relationship, but few studies focus on sectors dominated by small and medium-sized firms (SMEs). This paper fills this gap by analyzing this relationship in the Polish industry sector, which is both successful and increasingly dominated by SMEs. It is envisaged that this study will contribute to the existing literature on small enterprise financing, with an emphasis on financial constraints in the Polish small enterprise industry sector. The paper presents only part of research. Analysis of the data will present an insight into the actual barriers for small enterprises constraints associated with debt financing arrangements.
This article attempts to increase an understanding of technology entrepreneurship phenomenon by presenting state-of-the-art work by scholars. We aimed to map the technology entrepreneurship science using bibliometrics technique. We start with analysis of popularity of the field of technology entrepreneurship as a science. Then, we conduct research by years, journals and citations. Next, we analyze the main themes of technology entrepreneurship. Our findings suggest that there are only three fields of sciences that focus on the area of technology entrepreneurship. Finally we present 8 themes of researchers" interest in the period 1986-2014 and the common trends in "technology entrepreneurship" research.
The access to finance is indispensable for the efficient allocation of capital and the enterprise development. However, when compared with large enterprises, small and medium enterprises face many difficulties when pursuing to procure financial resources, which are due to several causes, including: the unstable and inadequate juridical and legislative framework, which does not support the relationship between capital providers and the enterprises that require financing, incomplete information and even lack of information from the part of both capital providers and enterprises, which prevents the development of normal and efficient relations between them; lack of a credit history and insufficient guarantees for creditors, especially in the case of the small and young firms; limited and, sometimes, inadequate range of financing products.
This paper has taken an insight to the systemic models of family business from the open systems perspective. I focus on family business system models and on the subsystems content of family system and ownership system in family business context. The paper claim that the open system perspective on intercultural family businesses has both theoretical and empirical implications on family business research. Family businesses have many reasons, including family conflicts over money, nepotism leading to wrong management, and infighting over the succession of power from one generation to the other. Regulating the family’s roles as shareholders, board members, and managers is very important because it can help avoid these pitfalls. This paper will discuss the importance of the openness of the company through five the attributes of enduring family businesses: ownership, family, business and portfolio governance, wealth management, foundation. Dimension of attributes success have taken family business like five jewelers.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.