Characteristics and Possible Solutions to Problems Related to Loans to SMEs in Greece

Vettas, Nikolaos; Stavraki, Sophia; Vassiliadis, Michalis

doi:10.1007/978-3-319-50313-4_13

Cited by 2 publications

(1 citation statement)

References 2 publications

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“…Such a barrier has two distinct but interrelated issues. First of all, Greek SMEs, even after almost 15 years since the recession, still face difficulties in gaining access to loans and funding (Vettas et al 2017). This can be related to the above-mentioned issue of lacking efficient digital business models for SMEs so that they can be self-funding in digital transformation.…”

Section: Discussionmentioning

confidence: 99%

Digital Maturity and Digital Transformation Strategy among Greek Small and Medium Enterprises

Kargas,

Gialeris,

Komisopoulos

et al. 2023

Administrative Sciences

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The proposed study aims to investigate the digital transformation of Greek small and medium enterprises (SMEs), with a particular focus on their digital maturity and the strategic and organizational factors contributing to digital transformation. The research issue of digital transformation has been attracting considerable interest among academics and business practicians since COVID-19 accelerated the procedure of implementing Industry 4.0 principles all over global economies. Quantitative research on 147 Greek SMEs revealed the most important issues on how these businesses implement digital transformation, factors accelerating or decelerating the process, barriers and expected outcomes. The results indicate that digital maturity, digital transformation strategy and digital business models are strongly interconnected, while the main barriers of successfully implementing them is a lack of funding, cultural issues and the management’s engagement with the whole procedure. Greek SMEs are regarding digital transformation as a part of their customers’ satisfaction rather than as a holistic procedure of reshaping their operation. In almost 20% of Greek SMEs, there is no person who is responsible for the digital transformation procedure, while key drivers are suppliers and customers rather than competitors and the government. The results can be valuable for stakeholders who are enabled to the digital transformation process from both the business and academic points of view, while there exist aspects that can contribute to policy makers/motivation developers on the state’s level as well.

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Section: Discussionmentioning

confidence: 99%

Digital Maturity and Digital Transformation Strategy among Greek Small and Medium Enterprises

Kargas,

Gialeris,

Komisopoulos

et al. 2023

Administrative Sciences

View full text Add to dashboard Cite

show abstract

Digital Maturity and Digital Transformation Strategy among Greek SME’s

Kargas,

Gialeris,

Komisopoulos

et al. 2023

Preprint

View full text Add to dashboard Cite

Proposed study aims to investigate the digital transformation of Greek small and medium enterprises (SMEs), with a particular focus on their digital maturity and the strategic and organizational factors contributing to digital transformation. The research issue of digital transformation is attracting considerable interest among academics and business practicians since COVID-19 accelerated the procedure of implementing Industry’s 4.0 principles all over global economies. Quantitative research on 147 Greek SMEs revealed most important issues on how these businesses implement digital transformation, factors accelerating or decelerating the process, barriers and expected outcomes. Research enlights how SMEs face the transition to digital business and reveals the factors that can facilitate the whole process. Results can be valuable for stakeholders enabled to digital transformation process from both business and academic point of view, while there exist aspects that can contribute to policy makers / motivation developers in state’s level as well.

show abstract

Characteristics and Possible Solutions to Problems Related to Loans to SMEs in Greece

Cited by 2 publications

References 2 publications

Digital Maturity and Digital Transformation Strategy among Greek Small and Medium Enterprises

Digital Maturity and Digital Transformation Strategy among Greek Small and Medium Enterprises

Digital Maturity and Digital Transformation Strategy among Greek SME’s

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