Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from Poland
SMEs sector plays a vital role in modern economies. Therefore, the interest in its functioning among economists is in fact quite natural. This article is a part of a current research on regional factors contributing to the development of enterprises in this category. The first section examines earli...
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Cognitione Foundation for the Dissemination of Knowledge and Science
2012-01-01
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| Series: | Journal of Entrepreneurship, Management and Innovation |
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http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue1/JEMI_Vol_8_Issue_1_2012_Article_7.pdf
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| _version_ | 1841564873812606976 |
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| author | Teresa Łuczka Paweł Przepióra |
| author_facet | Teresa Łuczka Paweł Przepióra |
| author_sort | Teresa Łuczka |
| collection | DOAJ |
| description | SMEs sector plays a vital role in modern economies. Therefore, the interest in its functioning among economists is in fact quite natural. This article is a part of a current research on regional factors contributing to the development of enterprises in this category. The first section examines earlier studies in this field conducted globally and in Poland. According to them, many elements enable the SME’s development. It is not surprisingly that the specified set of pro-growth factors does not exists. Next section describes the results of the author’s own studies in the fields. These studies relate to regional factors contributing to the efficiency growth of micro, small and medium-sized enterprises in Poland. Data used in the study was collected from GUS[1] and EUROSTAT and encompassed 16 provinces for the years 2003-2008. The model prepared included 11 independent variables on labor force, social mobility, living standard and R&D policy. The authors would have gladly considered more than 11 explanatory variable, but the inaccessibility of such data made it impossible. In the next step, using GRETL software, equations of regression were defined. On this basis it was concluded that the most important factors contributing to efficiency growth of SMEs are the amount of spending on R&D and the level of wages. |
| format | Article |
| id | doaj-art-3978cbeb5e8849398903f73a5d0f0acf |
| institution | Kabale University |
| issn | 2299-7326 |
| language | English |
| publishDate | 2012-01-01 |
| publisher | Cognitione Foundation for the Dissemination of Knowledge and Science |
| record_format | Article |
| series | Journal of Entrepreneurship, Management and Innovation |
| spelling | doaj-art-3978cbeb5e8849398903f73a5d0f0acf2025-01-02T22:04:52ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262012-01-018113815410.7341/2012817Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from PolandTeresa Łuczka0Paweł Przepióra1 Poznan University of Technology Poznan University of Technology SMEs sector plays a vital role in modern economies. Therefore, the interest in its functioning among economists is in fact quite natural. This article is a part of a current research on regional factors contributing to the development of enterprises in this category. The first section examines earlier studies in this field conducted globally and in Poland. According to them, many elements enable the SME’s development. It is not surprisingly that the specified set of pro-growth factors does not exists. Next section describes the results of the author’s own studies in the fields. These studies relate to regional factors contributing to the efficiency growth of micro, small and medium-sized enterprises in Poland. Data used in the study was collected from GUS[1] and EUROSTAT and encompassed 16 provinces for the years 2003-2008. The model prepared included 11 independent variables on labor force, social mobility, living standard and R&D policy. The authors would have gladly considered more than 11 explanatory variable, but the inaccessibility of such data made it impossible. In the next step, using GRETL software, equations of regression were defined. On this basis it was concluded that the most important factors contributing to efficiency growth of SMEs are the amount of spending on R&D and the level of wages. http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue1/JEMI_Vol_8_Issue_1_2012_Article_7.pdf small and medium-sized enterprisesfactors of regional developmentregions in Polandbusiness efficiencyentrepreneurship |
| spellingShingle | Teresa Łuczka Paweł Przepióra Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from Poland Journal of Entrepreneurship, Management and Innovation small and medium-sized enterprises factors of regional development regions in Poland business efficiency entrepreneurship |
| title | Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from Poland |
| title_full | Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from Poland |
| title_fullStr | Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from Poland |
| title_full_unstemmed | Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from Poland |
| title_short | Regional Determinants of Efficiency Growth of Small and Medium-Sized Enterprises. Evidence from Poland |
| title_sort | regional determinants of efficiency growth of small and medium sized enterprises evidence from poland |
| topic | small and medium-sized enterprises factors of regional development regions in Poland business efficiency entrepreneurship |
| url |
http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue1/JEMI_Vol_8_Issue_1_2012_Article_7.pdf
|
| work_keys_str_mv | AT teresałuczka regionaldeterminantsofefficiencygrowthofsmallandmediumsizedenterprisesevidencefrompoland AT pawełprzepiora regionaldeterminantsofefficiencygrowthofsmallandmediumsizedenterprisesevidencefrompoland |