Suchergebnisse

SMEs are usually companies up to 250 employees and annual turnover up to 50 million euros. Even though their importance has been neglected in the past, still, in the past few decades, it has been increasing. Their crucial importance in the local and regional development of the economy cannot be ignored. SMEs are the main source of employees and the main innovation and entrepreneurship force. Because of this, even more politicians and authorities make efforts to ease the business for SMEs and give them bigger rights in the private sector. Lately, SMEs have been considered as accelerators of the economic growth and development, which is a primate they should proudly represent.

SMEs are usually companies up to 250 employees and annual turnover up to 50 million euros. Even though their importance has been neglected in the past, still, in the past few decades, it has been increasing. Their crucial importance in the local and regional development of the economy cannot be ignored. SMEs are the main source of employees and the main innovation and entrepreneurship force. Because of this, even more politicians and authorities make efforts to ease the business for SMEs and give them bigger rights in the private sector. Lately, SMEs have been considered as accelerators of the economic growth and development, which is a primate they should proudly represent.

The Kingdom of Denmark is one of the most prosperous countries in the European Union. Denmark is leading the rankings on both the standard of living of the citizens, as well as the rankings of the best economies and most business-friendly countries. It is therefore a country that more attention should be devoted and we should draw experiences that can be implemented in Poland. The purpose of this article is to discuss the sector of micro, small and medium-sized enterprises in Denmark, with a particular focus on the strengths of the SME sector as well as barriers to its development. ; Królestwo Danii jest jednym z najbardziej prosperujących krajów w Unii Europejskiej. Dania przoduje w rankingach, dotyczących zarówno standardu życia obywateli tego kraju, jak również w rankingach najlepszych gospodarek czy państw najbardziej przyjaznych dla biznesu. Jest to zatem kraj, któremu warto poświęcić więcej uwagi i czerpać doświadczenia, które mogą zostać wdrożone w Polsce. Celem niniejszego artykułu jest omówienie sektora mikro, małych i średnich przedsiębiorstw działających na terenie Danii, ze szczególnym uwzględnieniem mocnych stron sektora MSP, jak i barier w jego rozwoju.

The article is dedicated to the financing small and medium enterprises in Cameroon. This topic is very interesting because small and medium-sized enterprises play an important role in the economy. Cameroon has a large number of SMEs relative to the size of their economies, but these are almost exclusively micro enterprises and are often not part of the formal economy. World Bank doing business 2014 ranks Cameroon at 168th position out of 189 in the business environment category, 109th in getting credit category and 175th in the enforcing contract category. African SMEs historically lack access to finance, and this is likely to be exacerbated by the effects of the financial and economic crisis on the continent. SMEs need increased access to bank credit. SMEs can often obtain from banks overdrafts tailored to suit short term returns. The long-term credits thus remain inaccessible. SMEs resort to quicker and easier forms of funding such as informal loans, joint savings arrangements, family sources or street money lenders. Cameroon government created an investment promotion agency with the objective to accompany investors in the registration, installation process and to reduce information deficiency. But it is not sufficient. One of the ways to solve this problem is the development of microfinance institutions which fill the gaps that exist between commercial banks and wealthy clients

This volume provides a comprehensive analytic contribution to a crucial topic within development economics based on 15 years of continued data collection and research efforts. It brings together nine up-to-date studies on SME development in a coherent framework to help persuade national and international policy makers (including donors) of the need to take the international call for a data revolution seriously, not only in rhetoric, but also in concrete plans and budget allocations, and in the necessary sustained action at country level. More specifically, the volume: Provides an in-depth evaluation of the development of private sector formal and informal manufacturing SMEs in a developing country—Vietnam in this case—over the past decade, combining a unique primary source of panel data with the best analytical tools available. Generates a comprehensive understanding of the impact of business risks, credit access, and institutional characteristics, on the one hand, and government policies on SME growth performance at the enterprise level, on the other, including the importance of working conditions, informality, and union membership. Serves as a lens through which other countries, and the international development community at large, may wish to approach the massive task of pursuing a meaningful data revolution as an integral element of the SDG development agenda. Makes available a comprehensive set of materials and studies of use to academics, students, and development practitioners interested in an integrated approach to the study of economic growth, private sector development, and the microeconomic analysis of SME development in a fascinating developing country.

This paper presents a conceptual model for increasing acceptable working environments for SMEs. It also acts as an editorial for the special issue of Safety Science on 'Managing safety in small and medium enterprises (SMEs)'. It describes how seven of the ten papers in the special issue originate from an international conference in 2013 on Understanding Small Enterprises. It includes a commentary on the papers in the special issue as well as directing the reader to all of the current state-of-the-science sources known to the authors. The paper provides a background to previous research on safety in SMEs, showing how most current policy and legislation on occupational health and safety (OSH) and the work environment is based on large enterprises and that there is a relative paucity of research on OSH in SMEs. In a summary of current knowledge, it is argued that modern OHS legislation and interventions to help improve Work environments need to increasingly take account of the specific characteristics of SMEs. The conceptual model for increasing acceptable working environments for SMEs takes its onset in a legislative standard that is built into intervention programmes and includes three instrument pillars: inspection to enhance compliance, recognition of the standard by the stakeholders in the industry sector and dissemination of information to small enterprises.

The importance of small and medium enterprises in economy is indisputable. They are the main contributor in employment, innovation and economic growth of a country. European Commission is fully supporting the development and growth of small and medium enterprises through changes in legislation, creating a friendly business environment, facilitation in obtaining funds in the last two decades. The share of SME in total enterprises in Albania is 99.6% and their contribution in the GDP is 73%. Their growth is closely linked with their ability to finance their activity, which is one of the most important issues they are faced with due to their size and creditworthiness. This paper aims to analyze the difficulties and obstacles that SME in Albania encounter in obtaining financing due to lack of source of financing within country, limited opportunities of accessing international capital markets as well as high interest rate.

Small and medium-sized enterprises (SMEs) are one of the key development factors of the economy in many countries. They stimulate competitiveness and innovativeness, contribute to the growth of employment and also have an impact on improving the overall economic situation in the country. Bosnia and Herzegovina is a transition country that has still not adequately organized the development concept of small and medium-sized enterprises. In Bosnia and Herzegovina (BiH) there is an entrepreneurial initiative but without significant government support in the realization of business ideas of potential entrepreneurs or the implementation of innovative ideas, although their personal success generates and benefits the whole society. The central research hypothesis reads: Innovation has a positive impact on the growth and development of small and medium-sized manufacturing enterprises in BiH. The authors seek to present the current state of innovativeness in the SME sector in BiH with a review of the situation in the countries of the region and to propose certain measures to accelerate their development. This paper uses the Global Innovation Index Reports, followed by the World Bank Report on Business Ease, which measures the degree of national competitiveness and innovation of the economy, as well as the results of primary research on a sample of 200 manufacturing SMEs in BiH. The general objective of the research in this paper is to consider and review the effects of innovations in the operations of emerging SMEs and their impact on the growth of market share and increase of the total revenue.

The Journal Contemporary Management Research, Special Issue 2012, p. 13-22 ; Small and Medium Enterprises (SMEs) have important role in the development of Indonesian economics. In general, SMEs face many weaknesses in accounting implementation caused by several factors. This research aimed to analyse accounting application on SMEs in Magelang, Central Java, Indonesia with obstacles they face. Data taken in this research were from 46 SMEs using convenience sampling method. Data were gathered through interview and questionnaire. The analysis technique is descriptive qualitative analysis technique. Results show that 69.56% of SMEs had done recording, but only 34.78% of them made financial statements. Transactions recorded include sales transactions (69.57%), purchase transactions (65.22%), cash inflows and cash outflows (91.30%), inventories (63.04%), salary (56.52%), and other operational expenses (50.00%). Reports which were made by the managers were sales reports (45.65%), purchase reports (30.43%), income statements (52.17%), statement of owner's equity (17.39%), and balance sheet (28.26%). The obstacles which hindered accounting application in SMEs were the education factor and the lack of understanding about accounting and its importance. Therefore, it is better to create a simple accounting information system for SMEs. The government should cooperate with high education institutions to improve the comprehension of the SMEs about accounting application in managing their business