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EN
The objective of this article was to analyze and categorize the instruments implemented by enterprises recognized as being financially distressed, used in response to such distress. The instruments were implemented in the turnaround process. In order to achieve the research objective, the following research hypothesis was verified: depending on the size of the enterprise (small or medium), various instruments are assessed as being effective and thus they can be subjected to the categorization process. The study encompassed a total of 259 small and 138 medium-sized enterprises from Poland, the Czech Republic, Slovakia, Hungary, Romania and Ukraine.
EN
The problem of threats and benefits, as well as challenges and opportunities for the SME sector in the era of intensified globalization processes in the contemporary world is a vital issue and an area for scientific research. This publication characterizes the results of this sector enterprises activity in Poland in the years 2004-2007 and shows opportunities for their operation on the international arena through presenting. among others, their share in export sales and cooperation with overseas companies. The paper also presents relevant conclusions related to the development of enterprises in Poland, with special consideration given to the SME sector.
EN
The functioning of modern organizations is increasingly dependent on the efficient utilization of available intangible resources. Organizations can use a variety of tools in shaping them. One such tool is human capital reporting. Its implementation can have a significant impact on the development of not only human capital, but structural and relational capital as well. The objective of this article is to show the relationship between the concept of human capital reporting and the development of intangible resources in the case of small and medium enterprises.
EN
The sector of small and medium-sized enterprises (SME) is an important part of the insurance market. The growth of the economy and the changes occurring in Poland are the reasons for some changes in the behavior of entrepreneurs on the insurance market. The Authors of this article present the results of an annual survey carried out between 2010-2012 on a representative group of small and medium-sized enterprises. The data obtained during the surveys concentrates on entrepreneurs awareness of insurance and their opinions and behavior on the insurance market. Since the surveys are carried out in regular intervals it is possible to define the directions of changes in the usage of insurance products by small and medium-size enterprises.
PL
Ubezpieczenia pełnią ważną rolę w zarządzaniu ryzykiem w przedsiębiorstwach, zwiększają bezpieczeństwo prowadzonej działalności oraz pozwalają na stabilizację sytuacji finansowej. Rola jaką pełnią małe i średnie przedsiębiorstwa w Polsce nie mogła zostać niezauważona przez zakłady ubezpieczeń. W ostatnich latach można zaobserwować wzrost konkurencyjności oraz poszerzenie oferty ubezpieczycieli skierowanej do sektora MSP. W artykule przedstawione zostały wyniki corocznych badań przeprowadzanych w latach 2010-2012 na reprezentatywnej próbie ponad tysiąca przedsiębiorstw z sektora MSP. W ramach badań zbierane były informacje o świadomości ubezpieczeniowej przedsiębiorców, ich opiniach i korzystania z produktów ubezpieczeniowych. Dzięki cykliczności badań możliwe stało się także określenie kierunków zmian w zakresie korzystania z ubezpieczeń przez małe i średnie przedsiębiorstwa.
EN
The economic development of each voivodeship and country significantly depends on the condition of microenterprises, which function in these regions. The aim of this study was to indicate the role and importance of microenterprises in processes of regional development and shaping the local labor market. The analysis of microenterprises in the years 2010–2014 was developed on the basis of GUS data. Characteristics of the number of active enterprises and levels of remuneration were used to describe the scale of number and dynamics of changes in the business activity run by microenterprises. Conclusions: 1. In the years 2010–2014, the number of microenterprises was increasing with the exception of 2013 in Poland and 2012 in Podkarpackie Voivodeship. 2. The ratio of people employed in microenterprises per 1000 residents presented the large disparity between Poland and Podkarpackie Voivodeship. 3. Amounts of remuneration in microenterprises in the years 2010–2014 in Poland was much higher than in Podkarpackie Voivodeship.
EN
The purpose of the article is to present the use of European aid programs for small and medium-sized enterprises in Western Pomerania Small and medium enterprises in Poland play an important role in social and economic. Their proper functioning allows dynamic development of state economy and increase community standards of living. SME participation in EU aid programs can provide companies a smooth and safe operation over many years, which will translate directly into economic development for state and particular regions. Therefore participation of SMEs in EU aid programs is so import ant.
EN
The main goal of this paper is to present and discuss talent management (TM) in small and medium enterprises (SMEs). Despite the fact that the number of articles covering the issue is rising, the context of SMEs is still underresearched. Thus, this paper can be a valuable source of information for both researchers and practitioners interested in the subject. In the article, the data gathered from 200 Polish SMEs were used. Information covering TM practices in SMEs was obtained using structured interviews conducted with SME owners or managers.
PL
Celem tego artykułu jest zaprezentowanie praktyk zarządzania talentami (ZT), występujących w małych i średnich przedsiębiorstwach (MŚP), a następnie dokonanie ich krytycznej analizy z uwzględnieniem dostępnej wiedzy w tym obszarze. Pomimo rosnącej liczby publikacji z zakresu ZT, zarówno w Polsce, jak i na świecie, kontekst małych i przedsiębiorstw wciąż nie jest uwzględniany w wystarczającym stopniu. Z tego względu artykuł ten może stanowić źródło cennych informacji zarówno dla naukowców, jak i praktyków zarządzania. W artykule wykorzystano dane pochodzące z 200 firm działających w Polsce. Informacje pozyskano na podstawie wywiadu kwestionariuszowego, przeprowadzonego z właścicielami lub menedżerami zarządzającymi.
EN
The article shows that the share of Polish SMEs in export is lower than the number of enterprises in the Polish economy and the number of people working in SME. This situation is a result of the influence of many factors – both endogenous and exogenous – mainly due to the lack of export policy in Poland. The effect of international research and comparisons is to check the research hypothesis. The main objective of article is to formulate recommendations based on international research and comparisons which may contribute to an increase of the importance of Polish SMEs as exporters. The paper was written on the basis of the literature studies in the field of internationalization of enterprises and statistical data illustrating the SME sector in Poland and selected EU countries.
PL
W artykule wykazano, że udział polskich MŚP w eksporcie jest niższy niż udział tych przedsiębiorstw zarówno w ogólnej liczbie przedsiębiorstw, jak i liczbie zatrudnionych. Sytuacja ta jest wynikiem oddziaływania wielu czynników o charakterze endogenicznym i egzogenicznym. Efektem badań i porównań międzynarodowych jest sprawdzenie hipotezy badawczej, tzn. wykazano, że w strukturze MŚP – w porównaniu z wartościami przeciętnymi dla krajów (EU-28) – tkwią niewykorzystane możliwości rozwoju polskiej gospodarki. Realizacja celu pracy znalazła wyraz w sformułowaniu rekomendacji, których spełnienie może przyczynić się do wzrostu znaczenia polskich MŚP jako eksporterów, a pośrednio do rozwoju gospodarczego kraju. Artykuł został napisany na podstawie studiów literatury z zakresu umiędzynarodowienia przedsiębiorstw i analizy danych liczbowych dotyczących udziału małych i średnich przedsiębiorstw w Polsce oraz w wybranych krajach UE.
EN
The purpose of this paper is to analyze the impact of SMEs on job creation in the WB6 countries (North Macedonia, Albania, Kosovo, Montenegro, Bosnia & Herzegovina, and Serbia). During the last two decades, the countries in the Western Balkans region have faced different economic challenges, including employment-related issues and the question of who is in fact the creator of new jobs in this region. The paper employs explanatory methodology, through analysis of the statistical data collected in the Enterprise Survey conducted by the World Bank Group. The data analyzed covers three periods, i.e., year 1 (2009), year 2 (2013), year 3 (2019). The surveys were administered to a representative sample of 5358 firms in the non-agricultural, formal, private sectors, including small, medium and large enterprises. The paper concludes that the most widespread type of business activity in the Wester Balkan countries are SMEs, which tend to employ more than large enterprises, with an average share of 45%-77%, by which they contribute more to new job creation, compared to large enterprises, and are indeed the ones reducing job scarcity and exhibiting a smaller share in job shrinkage. The implications arising from the paper are twofold, i.e., they can inspire both the academic and researcher circles to analyze even further the impact of SMEs, by including additional measuring indicators as well the policy makers to revise the policy of assisting SMEs in any means possible. The paper fills the gap in the existing literature dealing with the impact of SMEs on job creation in the WB region. The relevance of this research stands in fact that the study addresses the impact and relevance of SMEs’ job creation in countries known for their long transition period.
The Lawyer Quarterly
|
2018
|
vol. 8
|
issue 2
165-188
EN
The issues related to cybersecurity are being amplified by the growing role of the Internet of Things devices in current digital economy. The focus of this contribution is to examine the challenges of IoT environment for the corporate cybersecurity from the legal perspective with regards to the specific role of small and medium enterprises. It provides an introduction into the environment of SMEs and the transformation of their operations through new technologies, followed by highlights of the cybersecurity challenges brought by the IoT. Core part of the contribution is an analysis of the applicable legal frameworks and discussion of the broader picture with regard to this specific perspective on the regulation of corporate cybersecurity.
EN
Currently majority of enterprises regardless of the legal form, type of conducted activities is forced to search for alternative ways of its financing. The main aim of the article is to present external sources of financing economic activity of polish companies, especially from small and medium-sized enterprises. Moreover, the obstacles in using external financing and ways of their eliminating were presented. Furthermore the assessment of level of facility in usage of such financing form was conducted. In the course of analytical proceedings secondary studies were used, which were based mainly on reports from Central Statistical Office , Innovation Development Agency and Polish Agency for Enterprise Development.
EN
Sector of small and medium-sized enterprises (SMEs) is significant in every market economy. Small and medium-sized enterprises are generally considered as an element powering the economy despite the economic slowdown in Poland and turbulences in the economies of Member States of the European Union. Micro-enterprises have the largest share of enterprises belonging to the SME sector - in Poland, they consist of 95.7% of the market (in the European Union - 92.2%). This sector produces a significant portion of GDP and generates numerous workplaces. Their share in the GDP over 5 years remains at similar level and amounts to 48.5%. However, SMEs are often confronted with market imperfections. They have difficulties in obtaining capital or credit, particularly in the start-up phase of the enterprise. Financial resources are their foundation. What is more, they are the basis for the operation of each enterprise. In Poland, there are various possibilities of obtaining financing sources; however, their variety does not imply that all parties have equal access to these resources. Currently, the most important source of funding, in addition to equity capitals, are bank credits. The aim of this paper is to present a credit offer for enterprises beginning an economic activity by selected institutions of the Polish banking sector.
EN
The purpose of this comparative study is to explore the differences in the entrepreneurial orientation (EO) between micro versus small and medium enterprises (SMEs). We have selected three dimensions of EO (proactiveness, competitive aggressiveness and autonomy) for our analysis. We have analyzed the data collected from 1141 respondents during the period of 2015 from 14 regions of the Czech Republic, which consists of 740 micro firms and 401 small and medium firms. Empirical results of our paper show significant differences between micro versus small and medium enterprises in terms of proactiveness and autonomy. However, we can only partially confirm that micro firms are statistically different from the SMEs in terms of competitive aggressiveness. Thus, our paper enables better understanding of the EO from the firm size perspective, when they have different levels of resources.
EN
The Lisbon Strategy, which is implementing a new type of economic policy, is intended to change the economy of the European Union into a knowledge-based economy which will be the most competitive economy in the world. This should lead to sustainable economic growth by, among other things, providing a bigger number of better jobs and greater social cohesion. The issues of the development of competitiveness and innovativeness in European regions, which have their roots in the Lisbon Strategy and have transformed into the Regional Innovation Strategies, have become increasingly popular and significant. One of the tools facilitating this development is undoubtedly the cluster. The purpose of the present article is to outline new approaches to the world economy. It also presents an innovative dimension of co-operation as well as various forms of organizing contemporary entrepreneurship.
EN
The article looks at the questions related to the entrepreneurship and small and medium enterprises in Poland in light of international surveys. First, the relevant definitions are provided. Next, the author discusses the data from Global Entrepreneurship Monitor, an international study conducted by a consortium of universities in order to analyse the level of entrepreneurship in various countries. Its rationale, methodology and outcomes are also presented in the article. The main focus is placed on the case of Poland.
EN
SME-s role in the economic development and economic structure is changing drastically, as it is gaining new dimensions the role they have as social agents. This becomes particularly present in the paradigm shift of the EU funding schema and priorities, for member and candidate states, indicating that from catalysts of development they are now considered as important and active agents of Innovation by their R&D potential. The article provides a comprehensive literature review on different aspects of R&D processes in SMEs under the support of the funding programs of European Union collected from the reputed publications. The purpose is to provide an outline on the structure and dynamics of R&D in SMEs to highlight its role in the performance of these businesses in particular and in national and regional economies at the macro level. This paper aims to contribute to current discussions within the field of innovation by further exploring how EU R&D funding policies work in practice.
EN
Since 1st May 2004, when Poland became the member of the European Union, the Polish SME's had to join in supranational process of the common being and the common development of the European space. A lot of years Polish enterprises prepared them self to this membership. Many enterprises took advantage of aid programs of EU. In the article a politics of the European Union was discussed towards small and average enterprises, union relief programmes for Polish small and average enterprises, as well as chances and risk of Polish small and average enterprises connected with functioning on the single European market.
PL
Od 1 maja 2004 r., odkąd Polska stała się członkiem Unii Europejskiej, polskie małe i średnie przedsiębiorstwa musiały włączyć się w ponadnarodowy proces wspólnego istnienia i wspólnego rozwoju przestrzeni europejskiej. Przez wiele lat polskie przedsiębiorstwa przygotowywały się do tego członkostwa. Wiele przedsiębiorstw korzystało z programów pomocowych Unii Europejskiej. W artykule omówiono politykę Unii Europejskiej wobec małych i średnich przedsiębiorstw, unijne programy pomocowe dla polskich małych i średnich przedsiębiorstw, a także szanse i zagrożenia polskich małych i średnich przedsiębiorstw związane z funkcjonowaniem na jednolitym rynku europejskim.
EN
This article presents selected flexible employment arrangements in Poland as compared with other European Union countries. A comparative analysis of incidence of fixed–term and part–time employment contracts has been conducted on the basis of International Labor Organization, Eurostat, and Organization for Economic Cooperation and Development data. The structure and dynamics of employment in small and medium enterprises is also described and conclusions regarding the potential for application of flexible work arrangements in the SME sector are presented
EN
Often, in the course of doing business companies are forced to make decisions and activities at risk. One of these activities is to initiate cooperation within the supply chain to new entrants. Research shows that the way enabling reduction of this risk is to have appropriate certificates, markings and testimonials. These are factors of great importance for SMEs.
EN
This article presents the specifics of age management as an area of HRM in the small and medium enterprise sector. It starts with an attempt to define age management as well as present its component parts on the basis of Polish and foreign literature. This review of theoretical material is an introduction to a presentation of selected results of an employer survey conducted as a part of the “Equalizing Opportunities on the Labor Market for People Aged 50+” project in the area of age management. The cited survey results are juxtaposed with those generated by other research projects.
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