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Content available Small and Medium-Sized Enterprises on the Public
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EN
Small and medium-sized enterprises are believed to be a key driving force of economic vitality, innovation and new job creation. For a few years the European Union has been monitoring SME performance and the quality of public procurement procedures to make access of SMEs to the public procurement market easier and provide for their greater participation in this market. These activities have their origin in the assumption that having in mind the size of the public procurement market and public resources involved, suitable shaping of this area may improve effectiveness of selected policies at the EU level and in particular member countries. The directives concerning public procurement should ensure opening the market of public procurement for all enterprises irrespectively of their size. Recently the public procurement market in Poland has been continuously growing which doubtlessly resulted from Poland’s accession to the European Union.The aim of this paper is to give evidence of SME position on the public procurement market and to attempt to answer two basic research questions. Firstly, is the market potential fully used as far as applying for awarding public contracts by SMEs is concerned? And secondly, what are the main obstacles determining the access of SMEs to the public procurement market? This is done by reference to available statistical data and two studies that were carried out by the author.
EN
The paper discusses the evolution of theoretical approaches towards the internationalisation process of firms, especially SMEs. It clarifies the definitions of a born global (BG) firm, presents its characteristics and the specifics of its internationalisation process. The objective of this paper is to present the internationalisation process of a born global firm from a theoretical perspective. The article starts with the presentation of the oldest approaches towards internationalisation and shows how ongoing changes in the global economic environment have influenced international behaviours of firms as well as changed the researchers’ perception of BGs and their internationalisation process. The article highlights the role of knowledge in BGs’ internationalisation. Due to the magnitude of literature on BGs and their internationalisation, this article does not cover all of them. The article ends with conclusions and points to further opportunities and directions of research. This article came into being within the research project OPUS entitled: Patterns of internationalization of high-tech small and medium-sized enterprises, (UMO-2013/11/B/HS4/02135) 2014-2017.
PL
W niniejszym artykule przedstawiono ewolucję podejść teoretycznych do procesu internacjonalizacji przedsiębiorstw, zwłaszcza MŚP. Zaprezentowano definicje i cechy firm wcześnie umiędzynarodowionych (born global) oraz specyfikę ich internacjonalizacji. Celem artykułu jest omówienie procesu internacjonalizacji firm born global z perspektywy teoretycznej. Artykuł rozpoczęto od przedstawienia najstarszych podejść do procesu internacjonalizacji, a następnie ukazano zmiany zachodzące w globalnym otoczeniu ekonomicznym wpływające na zachowania międzynarodowe przedsiębiorstw oraz związane z tym zmiany w postrzeganiu born global i ich umiędzynarodowienia. W artykule podkreślono rolę wiedzy w internacjonalizacji born global. Z uwagi na bardzo obszerną literaturę w analizowanym obszarze przedstawiono tylko wybrane pozycje. Artykuł kończą wnioski podsumowujące, obejmujące krótkie przedstawienie dalszych możliwych kierunków badań.
EN
This paper aims to investigate the Critical Success Factors (CSFs) for the successful introduction of Six Sigma in Small and Medium Sized Turkish Textile Enterprises. A survey-based approach is used in order to identify and understand the current quality practices of Small and Medium Sized Enterprises (SMEs). CSFs and impeding factors are identified and analyzed. The involvement and commitment of top management, linking quality initiatives to employee and information technology and innovation are found to be important CSFs for textile SMEs. The leadership and commitment of top management, strategic vision, and data collection and measurement, are found to be the most CSFs for the successful introduction of Six Sigma, whereas the lack of knowledge of the system to start the initiative and the presence of ISO-certification in the company are found to hinder its implementation. The lack of qualified personnel and incompetence with new technologies are found to lower the performance of Turkish textile SMEs.
EN
The main objective of this study was to identify the critical factors that affecting the implementation of environmental management systems (EMSs) of manufacturing SMEs in Sri Lanka. Out of twelve factors, management commitment, professional expertise, financial resources, stakeholders and environmental information are identified as key factors. Based on the survey results, it is proposed that the government should play an important role in promoting environmental management in SMEs. It is necessary for the government to provide active support in the aspects including mandatory policy, encouraging policy and supporting policy.
EN
In this paper the author tries to present and analyze some results of his researches focused on surveying the expectations and needs as well as troubles and difficulties concerned with confronting small and medium size enterprises (SME’s) with various challenges generated by the fourth industrial revolution (Industry 4.0). After presenting in the first part of the paper a listing and some subjective discussion of general as well as particular problems of implementing the Industry 4.0 approach in practice of the contemporary industry, in next chapters the adopted assumptions as well as obtained results of the SME’s oriented survey are introduced together with a short presentation and discussion of used methods and tools of research. The cases of Polish SME’s are illustrated by results of investigating a limited group of firms, which fulfil SME criteria and are located and operating in Metropolis GZM (Silesian Voivodeship, Poland). In the last part of the papers the author summarizes obtained results and proposes some next steps of further research.
PL
Celem artykułu jest przedstawienie istoty oraz ocena oraz określenie przyszłości Międzynarodowego Standardu Sprawozdawczości Finansowej dla Małych i Średnich Przedsiębiorstw. W opracowaniu zaprezentowano definicję sektora małych i średnich przedsiębiorstw, cele i potrzeby wprowadzenia standardu. W dalszej części przeprowadzono opis standardów, dokonano jego oceny, a także przedstawiono opinie przedstawicieli wybranych organizacji księgowych i audytorskich w Europie. Poddano analizie wpływ MSSF dla MŚP na sektor MŚP oraz badania dotyczące MSSF dla MŚP. Zaprezentowano krajowe systemy rachunkowości po wprowadzeniu tych standardów, a także zarysowano ich przyszłość na świecie i dokonano oceny całego projektu.
EN
The article presents identification of problems during the implementation of Lean concept in small and medium-sized enterprises in Poland. Although the Lean methodology is recognized all over the world as one of the best and most effective ways to improve the functioning of enterprises, in Polish conditions exist serious problems with its implementation. Development of small and medium-sized enterprises is regarded as one of the measures of economic growth and a sign of healthy competition. The needs of the economy and the limited resources characterizing this enterprise sector imply the need to adjust its capacities to the requirements of the turbulent environment. In the analysis of problems there were used the results of questionnaire surveys conducted among representatives of the companies participating in the largest Lean conference in Central Europe.
EN
The paper aims to examine the Human Resource Development (HRD) in small and medium enterprises (SMEs) funded by the European Social Fund (ESF) in Poland between 2007 and 2013. The research is based on theories that support HRD investment specifically in SMEs, and uses the Human Capital Theory (HCT) with some extensions. The paper addresses the question of public support in HRD and international support for development purposes. Finally it stresses that the support may have national and international implications. The research methodology involved a series of computer assisted telephone interviews (CATI) in a sample of 44 SMEs that received EU funding for HRD. It also included computer assisted personal interviews (CAPI) with experts in the ESF, participant observation and analysis of the project documentation. The findings indicate that the ESF effort of international scope had a positive impact in Polish SMEs.
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EN
Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper analyses the external factors that Polish entrepreneurs find most detrimental to their innovative activity. A sample of 199 small and medium size enterprises (SMEs) in Poland were subjected to a survey. The data collected revealed the innovation types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors such as legal regulations, access to external financing, bureaucracy of institutions, financial government support, the tax system, time necessary to comply with regulations, and crisis and instability are very important for SMEs. According to the results, process and marketing innovations are applied more frequently than product and organisational innovations. Finally, the results indicate that entrepreneurs indicate that lack of government support and weakness of tax incentives is an important barrier to the innovation process.
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Content available remote Bank policies towards SME sector in Poland and selected countries worldwide
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Small- and medium-sized enterprises (SMEs) are very signifi cant for the economy. However, they face many problems when trying to fi nance their development. In connection to the above, theauthors set four research questions that are connected with bank policies towards SMEs. Then, they make an analysis in order to answer the questions. The conclusions, recommendations. and limitations are presented at the end of the paper.
EN
The objective of the article is the presentation of main issues, evaluation and future of International Financial Reporting Standard for Small and Medium Enterprises. The paper presents the definition of the SME sector as well as the objectives and necessity of introducing International Financial Reporting Standard for SMEs. The further part of the paper describes and assesses the standards and presents the views held by the representatives of selected accounting and auditing organizations in Europe. Also, the author discusses the impact of IFRS for SMEs on the SME sector and presents research on IFRS for the needs of SMEs. The paper presents the national accounting standards after the introduction of the new standards, outlines their prospects worldwide and assesses the entire project.
EN
Collection period is the length of time taken by a company's credit customers to pay their debts. During this time, company resources are tied up as it is effectively financing its customers' purchases out of its own funds. Credit collection period is, therefore, an important factor that might have an impact on the cash flows, and hence, the survival of a company. An attempt has been made in this paper to explore the profile of credit collection period among small and medium-sized manufacturing enterprises in Malaysia. Besides that, we also identify some determinants of this credit collection period. The study is based primarily on secondary data derived from financial statements of manufacturing SMEs from 2001 through 2004. The findings of this study indicate that liquidity, efficiency, profitability, industry sub-sector and size have some influence over the credit collection period.
EN
Job satisfaction is one of the most researched topics in management literature taking into consideration the fact that it has been found out that this concept has many practical implications in the workplace. Job satisfaction is very complex phenomenon which is influenced by numerous factors. Previous studies provide a partial view of job satisfaction, because they are usually focused on the relationship between a single factor and job satisfaction, without taking a global view to indicate how different factors simultaneously affect job satisfaction. The purpose of this paper is to investigate how different factors such as: work family balance, teamwork, personal environment fit, job security and supervisor support simultaneously influence job satisfactions. The sample of the study includes employees of Polish small and medium enterprises (SMEs). Fuzzy-set qualitative comparative analysis is used to analyze data collected in surveys from 274 employees. The results contribute to research on job satisfaction by outlining several combinations of factors which create a paths to explain employee job satisfaction: (1) teamwork and supervisor support, (2) personal environment fit, job security and supervisor support with absence of work family balance, (3) work family balance, job security and supervisor support.
EN
Safety and quality management are very important elements of managing production and service processes. It is important not only to manage in itself, but above all to constantly improve processes and constantly strive for excellence. However, continuous improvement of the organization is one of the key principles of quality management, it states that improvement can be obtained from the analysis of existing processes or measurement results. In this paper the level of occupational health and safety in european enterprises providing transport and logistics services in terms of quality management principles. On the basis of the presented results it was found that in large enterprises safety management principles are respected, while in small and medium enterprises the level of safety does not look very promising. An interesting phenomenon was observed in the case of micro-enterprises (family businesses). Research shows that employees know and adhere to the safety principle, but they do not see too much change in improving the level of safety.
EN
More and more corporations , both multinationals and SMEs, decide that during their business activities they take into consideration such strict social and environmental aspects that are beyond the rules and requirements of the country they operate in. One of its reasons is that the corporate decisions have impacts not only on the immediate environment but also on the whole society. The present study examines and reveals the value priorities of the chief executives and the impact of those on CSR among Hungarian small and medium enterprises. The study also represents the value of the sample. The results of the primary research reveals that the value preferences of the general managers have their impact on the CSR activities of the company and hence certain main values of the individual determine the practice of the CSR. Those leaders who can be characterised by goodwill and universalism are more concerned with CSR and it is clearly shown in their CSR activities. In the examined Hungarian sample a group of leaders (25%) could be distinguished who consider CSR as a competitive advantage. These leaders are considered to be leaders with modern CSR viewpoint. They are committed to CSR and implement the modern CSR approach into practice, into the strategy of the corporation and into their activity and guide their organisation along these aspects.
EN
Small- and medium-sized enterprises (SMEs) are very significant for the economy. However, they face many problems when trying to finance their development. In connection to the above, the authors set four research questions that are connected with bank policies towards SMEs. Then, they make an analysis in order to answer the questions. The conclusions, recommendations. and limitations are presented at the end of the paper.
EN
Recently, Knowledge Management (KM) has gained incredible attention in business world because of the rising importance of knowledge as a competitive power and strategic resource. However, Small and Medium Size Enterprises (SMEs) have faced some challenges about the employment of Knowledge Management (KM) practices. The principal objective of this study is to explore the regarded challenges of Turkish SMEs to implement as well as their perceptions about KM. It is also aimed to determine KM infrastructure Turkish SMEs that is necessary for them. The findings of this research show that Turkish SMEs are aware of the impact of knowledge in their business performances. However, the majority of them do not still have KM program and have not completed KM infrastructure that is necessary to manage knowledge systematically and effectively.
PL
Sektor MSP pełni kluczową rolę w rozwoju polskiej gospodarki. Jest on często postrzegany przez banki jako obiecujący i dochodowy, ale jednocześnie dość ryzykowny. Ryzyko to wynika najczęściej z dość krótkiej obecności tych firm na rynku oraz braku dobrej jakości zabezpieczeń spłaty kredytu. Analizując sytuację różnych grup podmiotów na rynku usług finansowych można powiedzieć, iż pozycja MSP jest raczej słaba. Wynika to z wielu czynników: gorszego dostępu do informacji, niższej ich jakości oraz niższego poziomu wiedzy merytorycznej w zakresie świadczonych usług finansowych. Jednym z wielu problemów, z którymi borykają się te przedsiębiorstwa jest utrudniony dostęp do zewnętrznych źródeł finansowania. Są one niezbędne do prowadzenia bieżącej działalności, jak również umożliwiają ich dalszy rozwój. Problem ten pogłębił od 2008 roku globalny kryzys gospodarczy i finansowy, a zwłaszcza brak zaufania m.in. pomiędzy instytucjami finansowymi i podmiotami gospodarczymi. Celem artykułu jest ukazanie wpływu globalnego kryzysu na relacje pomiędzy bankami a MSP.
EN
The sector of SMEs plays a key role in the economic development in Poland. On the other hand they belong to the group of units that is characterized with the weakest position in the market. Practice and theory show that SMEs seek for the financial means for running their activities and for investments. The problem with the financing strongly appeared in the time of the financial and economic crisis, when SMEs and entrepreneurs have suffered a double shock: a drastic plummet in demand for goods and services and the tightening in credit terms, which were ruthlessly disturbing their cash flows.
EN
The main aim of this paper is to determine which factors of business tools are important in Czech companies. To find these factors, theoretical information from the area of trade tools and data from primary research (obtained via questionnaire) were used. These data are applied by a statistical evaluation of selected indicators which could help determine the significance of the indicators in the area being monitored. Activities concerning the management of company finances are also partially incorporated, as due to their close cohesion with business, they cannot be excluded from the field of turnaround management. The business tools described in the paper see excellent usage not only during times of crisis but also in periods of prosperity, when their application provides companies with unique competitive advantages as a way of increasing GDP. The results of the paper confirm the necessity for compensation tools in the business environment and provide the significance level of the compensation tools used. Accurate usage could create an advantage in a global market characterised by high competition.
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The aim of the publication is to show the impact of clusters on the competitiveness of the SME sector. The analysis was based both on theoretical sources and selected research results. The analysis confirmed the hypothesis that defines clusters as a means towards improving the competitiveness of enterprises, assuming the application of innovation policies by the group
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