2015
DOI: 10.7341/20151145
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External Determinants of the Development of Small and Medium-Sized Enterprises – Empirical Analysis

Abstract: The paper aims to identify external determinants of the development of small and medium-sized enterprises and assess their impact on the functioning of these entities in Poland. Meeting this objective required: identifying determinants of the development of SMEs, determining the current development situation of the surveyed enterprises and examining the impact of external determinants on the development of SMEs. The implementation of the above-presented goals was based on the following assumptions: (i) the cur… Show more

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Cited by 15 publications
(12 citation statements)
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“…In the classical approach, determinants of competitiveness are divided into external and internal ones (Carvalho & Costa, 2014;Piatkowski, 2012). External factors result from the fact that the company is affected not only by the competitive environment (other enterprises) but also by the general, macroeconomic, mesoeconomic and microeconomic environment (Lisowska, 2015). Internal factors are related to the ability of enterprises to develop their own competitiveness (their own competitive advantages).…”
Section: Factors Shaping the Competitiveness Of Small Innovative Entementioning
confidence: 99%
“…In the classical approach, determinants of competitiveness are divided into external and internal ones (Carvalho & Costa, 2014;Piatkowski, 2012). External factors result from the fact that the company is affected not only by the competitive environment (other enterprises) but also by the general, macroeconomic, mesoeconomic and microeconomic environment (Lisowska, 2015). Internal factors are related to the ability of enterprises to develop their own competitiveness (their own competitive advantages).…”
Section: Factors Shaping the Competitiveness Of Small Innovative Entementioning
confidence: 99%
“…There is a feedback relationship between growth and development, while development, as a qualitative category, is associated with increasing the company's competences (e.g. : regarding the introduction of innovative changes, creating customer value) (Lisowska, 2015), and it does not always show a dependency on enlarging its size (Davidsson et al, 2006;McKelvie, Wiklund, 2010). The development of the enterprise can be intentional or accidental, spontaneous or forced, continuous or stepwise (Steffens et al, 2009), and is treated as an orderly and timely process that can be analysed in the context of the achieved state and the stages of its achievement (Machaczka, 1998).…”
Section: Market Opportunities In Management Of Small Business Developmentioning
confidence: 99%
“…Some of the most evident included: high costs of raising capital, legal system & fiscal policy regulations, strong competition, grey markets, low access to human capital, and the suppliers having control over prices. These barriers not only prevented growth but also in some cases prevented start-ups from even forming in the first place [6]. Another topic that was discussed in the area of growth was the importance of innovation and the role that innovation plays in developing a company.…”
Section: Literature Reviewmentioning
confidence: 99%