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EN
The objective of the present research work was to analyze the activities undertaken to design and select trainings for SME employees. The companies' rising interest in investing in human capital, the growing use of the EU support funds within the Sectoral Operational Programmes in Poland after 2005 accompanied by a dynamic increase in the number of enterprises providing professional trainings brought about broader accessibility to educational and training services on the market. However, despite unquestionable cognitive benefits of the broad participation of SME employees in various training projects, in many cases the training did not bring spectacular results. Our analyses made in SMEs confirm that merit-related involvement in the proper selection of the trainings is of varied quality. Only one in five companies under analysis makes use of the professional tools and almost one third of the SMEs do not diagnose their training needs.
EN
The article considers if small and medium-sized entities should follow local accounting standards, or whether they should have either a voluntary or obligatory global set of reporting standards. For this purpose, author classifies and analyzes separately the characteristics of small and medium enterprises, pros and cons of the IFRS for SMEs and Polish and foreign surveys which examine the attitude of company representatives on the adoption the IFRS for SME.
EN
The article elaborates on conditions for SMEs in the EU and Poland as far as integrated EU business environment is concerned. It also focuses on the important role of the EU policy and integrated business environment on the cooperation strategies among SMEs. Although it was not the intention of the EU, the integration process favours Large-sized Enterprises in the run for market success. Yet, it does not mean that SMEs are on the lost position. Owing to the EU integration, value creation processes take place within transnational or interregional networks of suppliers, customers, competitors. Nowadays, more and more products offered on the worldwide market are becoming effects of complex systems. The analysis of detailed effects of that influence should be the subject of further research.
EN
SMEs face a challenge of responding to inescapable changes as a result of various internal and external factors. As they attempt to cope with the changing conditions, they might face attitudinal and behavioral shifts. They need to develop new ways of thinking about their operations and dealing with various groups of stakeholders. Adoption of more sustainable approach might contribute to the success of a company in terms of cost impact, innovation impact, environmental impact and stakeholder impact. The aim of the article is to define the degree to which SMEs understand ideas behind corporate social responsibility (CSR) and to determine the degree of maturity of SMEs with regard to CSR. Of particular interest is to identify the dimensions of CSR engagement and to verify which component: social, environmental or economic, plays a dominant role for SMEs, which will further inform about the fact whether CSR has operational or rather strategic character. The article presents selected results of empirical research conducted by the Institute of Management at Warsaw School of Economics in 2016.
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Dylematy zastosowania MSSF dla MŚP

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EN
The aim of the article is showing International Financial Reporting Standard for Small and Medium-sized Entities, which was established in July 2009. The text also contains comparison between standard for SME and full version IFRS and opinions towards its acceptance. The companies expectations towards standard for SME concern simplifications, which make the book-keeping in entities easier. In Polish companies there had been field test carried out, which showed that draft IFRS for SME is not satisfying. In the opinion of Polish experts in range of accounting, standard for SME is too extensive and difficult for many small and medium-sized companies. Its implementation might cause increase of costs to gain necessary knowledge in order to use IFRS for SME correctly.
EN
The study presents problems of small and medium-sized enterprises’ development in Slovakia. There were discussed specific conditions for the SME’s functioning at both national and regional level. The market competition as well as state interventionism were taken into account. The influence of the SMEs on the Slovak economy was described in details.
PL
W opracowaniu zaprezentowano problemy rozwoju małych i średnich przedsiębiorstw na Słowacji. Przedstawiono specyficzne uwarunkowania dla funkcjonowania MSP na poziomie krajowym i regionalnym. Uwzględniono zarówno konkurencję rynkową, jak i państwowy interwencjonizm. Szczegółowo opisano znaczenie MSP dla gospodarki Słowacji.
EN
The main objective of this paper is an attempt to analyze and assess potential sources of information for innovative activity of Polish small and medium-sized enterprises. The sources of innovation were in accordance with OSLO methodology. Empirical studies were carried out, using CAPI method, on a representative sample of Polish small and mediumsized enterprises in 2015. The results show the key roles of managers, employees, sales and marketing, and domestic customers. The dominant role of internal sources of innovation of Polish small and medium-sized is clearly visible.
EN
The need to standardize procedures and tackle similar questions of auditing, risk management, controlling and similar related topics is vast, especially, but not exclusively in multinational companies. However, smaller companies more and more find themselves in a position to act more globally – or at least internationally – in terms of sourcing as well as sales. This brings new needs for and new foci on topics as Internal Audit as well as Corruption Prevention. This article gives some ideas, hints and challenges towards these topics. In order to clarify the views expressed in this article, the author first gives some general information about internal audit, such as its definition, tasks and objectives, its historical development, legal background, structure and implementation, in order to make clear, on which aspects and understanding the argumentation is based. This introduction will provide a theoretical basis for the description and identification of the potential problems and possible challenges in an international perspective.
EN
Research conducted by some authors indicates that an internationalization strategy is less effective if SMEs cooperate in an informal manner. This could be due to the fact that informal cooperation may promote opportunistic behaviour. A formal way of cooperation can be implemented through cluster organizations.
EN
This paper describes the current economic policies in Albania, particularly in the development of innovative SMEs, identifying the key challenges to promoting innovation in the whole economy - and highlighting specific actions where the private sector has the opportunity and is called upon to take a more active role. The purpose of this paper is to serve as a basis for discussion, primarily with Albanian private sector organizations, in order to agree on the key priorities for action to support innovation in Albania and to identify initiatives where these organizations can help catalyze change going forward.
PL
Celem artykułu jest przestawienie sektora SME na Łotwie oraz w Polsce, a także porównanie ich na tle pozostałych krajów Unii Europejskiej. Omówiona została definicja sektora SME wprowadzona przez Rekomendację UE. Przedstawione zostały dane statystyczne charakteryzujące sektor SME na Łotwie oraz w Polsce pod kątem ilości i struktury podmiotów gospodarczych. Wskazano również na zakres, w jakim administracja państwowa odpowiada na potrzeby sektora SME. Ponadto omówione zostały wybrane zagadnienia podatkowe i obowiązkowe obciążenia tego sektora. Wskazano także, że jedną z głównych barier prowadzenia biznesu, jaką identyfikują przedsiębiorcy, jest nie jak się często wydaje wysokość obciążeń podatkowych, ale niestabilność prawa podatkowego. Dlatego też istotne jest wprowadzenie uproszczeń odnośnie do obciążeń podatkowych oraz unowocześnienie i wprowadzenie reform administracyjnych polegających na zwiększeniu przejrzystości i prostocie administracji państwowej, by tym samym sprzyjała ona rozwojowi sektora SME w każdym kraju.
EN
In this article there are presented the issues connected with external knowledge absorption by SMEs from the Pomeranian Voivodeship. In the first section, a short review on knowledge and its importance for SMEs is presented, in the second – the factors determining the increase of demand for consulting services in SMEs are discussed, in the next one potential influence of using consulting services on SMEs functioning is described and finally, in the last part, the results of research are presented.
EN
The sector of small and medium-sized businesses comprises- in terms of quantity- is the dominant group of traders, although it faces a number of significant development barriers, among which we should indicate such environmental barriers as market barriers, management problems, and capital constraints. It is important to emphasize that the problems of lack of access to external financing sources are one of the key problems restraining the process of formation and development of business in practically all countries of the world, including Poland. People who start running their own business every day encounter the problem of the capital gap, also called the Macmillan gap, a gap between the demand for capital and its supply in the economy. According to the research, 87% of Polish SMEs have used their own resources first to finance investments. Luckily, the European Union helps beginner businessmen, and also a network of business angels, who fill the capital gap by their activities. Benefits of cooperation between the company and the angel are definitely mutual.
EN
The SME sector has been attracting attention of Polish and European public authorities for many years. In 2013 Polish government implemented the guarantees and sureties programmes designated particularly for the SMEs. The primary goal of these programmes is to improve the access to external financial sources for entrepreneurs, especially those who belong to the SMEs sector. The purpose of this article is to present those recent activities and, furthermore, to provide their preliminary assessment. The article is based on literature studies as well as on the analysis of the primary documents and operational framework of the selected programmes.
EN
The knowledge management and the innovation process play an important role in our changing word of business. The innovative thinking of the entrepreneurs and managers is a trend in the recent years. The paper presents a new perspective on the link of KM, collective intelligence and innovation. The research focuses on the original information and data holding with the purpose to implement innovative ideas into everyday enterprise’s life. The methodology is based on the secondary research and uses the methods as analysis and synthesis, com-parison, abstraction, data assembly, and other qualitative and quantitative methods.
EN
The first stage of each audit conducted by authorised bodies is to identify the standards related to the audit subject. Subsequently, audit bodies verify the compliance of those standards with the actual state. A problem arises when it is not possible to clearly define the scope of the audit subject. It may be the case when one attempts to determine the scope of the definition of the sector of micro, small and medium-sized enterprises (SME). Due to increasing importance of the support policy for this sector, the problem will be growing. The article is devoted to an analysis of the legal scope of the definition of SME set out in the regulations of the European Union against the specificity of enterprises in Poland.
Littera Scripta
|
2018
|
issue 1
145-154
EN
This paper focuses on the innovation activities of Czech wholesale and retail companies between 2006 and 2014. Based on data from four Czech Innovation Surveys (2008, 2010, 2012 and 2014), 1,630 observations were made about companies in the trade sector. The subsequent estimations are based on the structural modelling of the innovation process, i.e. decision to innovate, innovation input and innovation output. The size of a company was found to increase the probability of engagement in new-to-the-market innovation, however, no statistically significant relationship could be established for the intensity of innovation input or output. Being part of a group of companies was found to be a positive contributor to innovation activities, in particular in the first stage (decision, R&D input) of the innovation process. Significant differences were also found between the manufacturing and trade sectors in terms of market orientation. Having a national market focus was found to be linked to an increased probability of innovation, with a broader market focus proving not to be a significant factor during the analysed period. The trade sector was also found to engage in more types of innovation activities (processes, logistics and others), whereby the direct link between innovation input and innovation output was found to be in product innovation. Product innovation was also the only type of innovation in this sector which directly contributed to sales of new-to-the-market goods and services per employee. However, innovation activities were dampened in times of economic crisis, but only in terms of lower sales of innovated goods and services. The decision to innovate remained on average unchanged in the period 2006-2012.
EN
This paper aims to investigate the application of different types of communications forms and tools in the context of client capital management and development of the client lifetime value in the sector of small and medium enterprises. The research method was a questionnaire survey using computer-aided telephone interviews (CATI), on a group of 383 small and medium-sized enterprises from the Opolskie Voivodship. This research illustrates the use of diverse forms and tools by diverse members of the SME sector. More importantly, this research prepares conclusions for future development of communication as a main stimulator of increasing client lifetime value. The findings show that the small and medium enterprises in Opolskie Voivodship are aware of the need to use a variety of tools to communicate with clients. The tools are diverse and have a different degree of contact intensity, which effectively contributes to the involvement of clients in the relationship with the company’s offer. In the future the SME sector should develop and diversify channels of communication with client capital. For modern enterprises, the most important thing will be constant development of the client’s lifetime value.
PL
Niniejszy artykuł ma na celu zbadanie zastosowania różnych rodzajów form i narzędzi komunikacyjnych w kontekście zarządzania kapitałem klienta i rozwoju wartości życia klienta w sektorze małych i średnich przedsiębiorstw. Wykorzystaną metodą było badanie ankietowe przeprowadzone przy użyciu wspomaganego komputerowo wywiadu telefonicznego (CATI), na grupie 383 małych i średnich przedsiębiorstw z województwa opolskiego. Badanie to ilustruje wykorzystanie różnorodnych form i narzędzi przez różnych członków sektora MŚP. Co ważniejsze, badanie to przygotowuje wnioski dotyczące przyszłego rozwoju komunikacji jako głównego stymulatora zwiększania wartości klienta w czasie. Wyniki wskazują, że małe i średnie przedsiębiorstwa w regionie opolskim są świadome potrzeby korzystania z różnych narzędzi do komunikacji z klientami. Narzędzia są różnorodne i mają różny stopień nasilenia kontaktu, co skutecznie przyczynia się do zaangażowania klientów w relację z ofertą firmy. W przyszłości sektor MŚP powinien rozwijać i zdywersyfikować kanały komunikacji z kapitałem klientów. Dla nowoczesnych przedsiębiorstw najważniejszą rzeczą będzie stałe rozwijanie wartości klienta w czasie.
EN
Private Equity (PE)/Venture Capital (VE) Funds cover medium and long-term transactions on the private enterprise market. They adopt a legal form of closed-ended investment funds or more and more appreciated alternative investment companies, which contribute to a development of innovativeness in the Polish economy, supporting enterprises on each level of their expansion. Over the last years, there has been an increased value of investment reported among the European PE funds. Poland’s share in the Central and Eastern European (CEE) investments has been the highest in the region and does not fall below 46%. Moreover, more than a double increase of domestic PE investments in 2017 is an opportunity for improving one of the lowest innovation indexes in the European Union. An important role in this matter also belongs to the growing power of start-up ecosystem. It is not without significance that there is a growing awareness of start-ups cooperating with funds, which is defined e.g. by a stronger position of investor or a limited possibility to negotiate the terms of investment agreements. The aim of this article is to present the PE market and its meaning in the development of young companies. Showing in the first part of the article statistics related to management of venture capital in Poland compared to Europe and the CEE will identify tendencies in development of the Polish PE market. It will also allow estimating Poland’s chances for improving its position in the innovative European ranking and increasing Poland’s competitiveness on the international level. Emphasising the importance of startup’s education in dealing with VC funds in the second part of the study will additionally highlight the essence of their cooperation in terms of professionalization of the PE market and a growth of the country’s innovativeness.
EN
The main aim of the paper is to identify the determinants of strategic development in e-commerce and evaluate their importance on the whole process of strategic management. A research evaluating the importance of determinants is carried out using the online questionnaire survey with enterprises in e-commerce. The paper focuses on research sample consisting 188 SMEs and 21 large enterprises in e-commerce. Selected methods of statistical induction and descriptive statistics were used for verification of the research hypotheses. The research has shown that e-commerce enterprises primarily attribute a varying importance to individual determinants in the process of strategic management. The results show enterprises primarily underestimate the following determinants of strategic development in e-commerce: mission and vision, strategic situational analysis, strategic control, corporate culture, personnel management and strategy, financial management and strategy, ability to work with legislation. E-commerce enterprises do not apply a comprehensive approach in the process of strategic management in the Czech environment in e-commerce.
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