The impact of manager’s experiences in entrepreneurship evidence from Kosovo SME’s

Abstract

This research accords with a detailed overview of management in general regarding SME growth development in Kosovo. So, it deals with the main factors such as the main components of management and its impact on the success and development, the techniques, and the approaches to assess the SME economic system and their development. There is no unique model which explains the managing or manager's experience and firm growth in the complexion of management theories. We have also pointed out the life cycle phases of firms that are not constructed on economic theory but have received considerable attention from managerial theories of enterprises. So, chronologically was analyzed SME development in general, given that Kosovo has a liberal trade regime characterized by simplicity and neutrality of business or SME registration. In our data analysis, we applied Cronbach's alpha for reliability analysis and linear regression. The findings of the paper show that two main topics are management experience and the growth of the sector where they operate has a significant impact. The revision opens a challenge besides wide-ranging debate taking place entrepreneurship and supervision skills in Kosovo. However, this examination has to do with evidence in Kosovo and cannot be generalized to all countries. This investigation is one of the rare researches in this field in Kosovo, which deals with the topic of SME development. This treatment approach should be used by applying dynamic approaches as well as other factors.

Analyzing the Variables That Influence Access to Bank Financing for Small and Medium Enterprises in Kosovo and North Macedonia

“…The results for this component so far have appeared mixed, our results are in full agreement with the studies conducted by Zahra and Garvis (2000) where they argue that these variables have important correlations. Whereas, they are in contradiction with the results of Durguti et al (2020) where they argue that in the case of Kosovo the drafting of the business plan has an insignificant effect.…”

MANAGEMENT’S PERCEPTION OF THE DETERMINANTS THAT INFLUENCE SMEs PERFORMANCE: EVIDENCE FROM KOSOVO

“…According to a study performed by Fatimah and Azhari (2013), firms with a leadership structure with previous experience are more likely to be successful than businesses without experienced management. Frese and Gielnik (2014), as well as Durguti et al (2020), came to the same result that managers with more than 5 years of experience in business leadership outperform those with less experience. Therefore, the hypothesis for this measurement is presented as follows: Training is an essential component of continuous education, which is seen as a crucial component that should benefit SMEs from an academic standpoint.…”

“…A qualitative approach, on the other hand, is utilized to evaluate SMEs performance, with metrics like as leadership style, employee behavior, customer loyalty, managerial skills, consulting services, types of innovation, and several other parameters being employed (Expósito and Sanchis-Llopis 2019; Krasniqi et al 2020). Studies have presented a set of multi-dimensional measures in the form of a guide of balanced outcomes in which organizational factors may be employed to determine the efficacy of SMEs performance as the paradigm for measuring management performance, respectively, SMEs performance (Avdullahi and Hoti 2020; Coelho, Duarte, and Borges 2018; and Durguti et al 2020). As a result, the qualitative research method will be our primary focus in the context of our study.…”

“…The study found a correlation between innovation, internationalization, and performance. Lastly, Durguti et al (2020) employed multivariate analysis to evaluate the influence of management experience on the growth of SMEs, examining the determinants of experience, experience before starting the firm, business plan, perspective on the growth of the sector, and founder age. Throughout this study, 500 questionnaires were distributed to SMEs in seven (7) Kosovo regions, covering three activities: production, market, and services.…”

Examining the owners and manager's perceptions of the determinants that influence the effectiveness of SME: Evidence from Kosovo

“…However, it is important to highlight that many studies suggest using quantitative methods of measurement or evaluation, and there are numerous academicians who support this approach (Anggadwita & Mustafid, 2014;Ben Jabeur, 2017;Gupta & Batra, 2016;Valaskova, Tomas, Lucia, & Peter, 2018;Zimon, 2018). Conversely, the other group reinforces their results using a qualitative technique that examines characteristics like managers'/owners' perceptions, leadership styles, education, business strategy, R&D, and inventions (E. Durguti et al, 2020;Expósito & Sanchis-Llopis, 2019;Krasniqi et al, 2020;Krasniqi et al, 2022;Kunoviku-Demiri et al, 2021). As a result of this paradigm, our study is directed toward the qualitative approach as determined by the logistic model and the data we have collected.…”