Influence Of Socio Economic Environment On The Development Of Small And Medium Sized Enterprises


Influence Of Socio Economic Environment On The Development Of Small And Medium Sized Enterprises
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Influence Of Socio Economic Environment On The Development Of Small And Medium Sized Enterprises


Influence Of Socio Economic Environment On The Development Of Small And Medium Sized Enterprises
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Author : Anna Iwona Adamik
language : en
Publisher: Wydawnictwo Politechniki Łódzkiej, Łódź
Release Date : 2011

Influence Of Socio Economic Environment On The Development Of Small And Medium Sized Enterprises written by Anna Iwona Adamik and has been published by Wydawnictwo Politechniki Łódzkiej, Łódź this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.




Esg For Smes


Esg For Smes
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Author : Indika Edussuriya
language : en
Publisher: Independently Published
Release Date : 2022-09-12

Esg For Smes written by Indika Edussuriya and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-12 with categories.


Topics discussed include - Double materiality analysis, ESG strategy, ESG framework, stakeholder analysis, value chain analysis, transitional opportunity ranking, transitional risk ranking, energy audits, carbon neutrality target, net zero commitment, product life cycle analysis, double materiality map, ESG priorities vs. internal capabilities, implementational planning for ESG strategy, objective setting, KPI design, target setting, governance framework establishment and ESG assurance. Concepts are discussed and demonstrated through hypothetical application. This book aims to establish a generalisable method, for small and medium sized enterprises to seamlessly combine, sustainable development principles with corporate business value addition strategies. Ideally this method should facilitate synchronized strategy development & implementation, optimized governance, and affective resource allocation in SMEs. Easy to follow step by step guidance and practical illustrations are provided for formulation of ESG strategic framework, implementation and ESG disclosure. Business context application of key concepts are demonstrated in detail practical replication. New concepts - double materiality with reporting contextuality, five element materiality analysis, materiality mapping, material issues to targets & metrics (MITM model), sustainable development strategy formulation process (SDSFP model) and overarching sustainable development principles (OSDP model) are introduced and demonstrated through practical application. In today's context, SMEs are faced with urgent calls to action over climate and socio-economic emergencies across the world. Market trends, social pressure, legislative pressure, and peer pressure, has companies cornered and confused. There are various guideline frameworks on business enterprise alignment for ESG disclosure. However, guidance on streamlined methods to enable alignment of the primary objective of corporate value addition with environment, social and governance concepts are rare. On most occasions, ESG projects are initiated with the core objective of generating a disclosure report. These programs run the risk of creating internal application deficiencies and overall misalignment in business and sustainability objectives. This has led to confusion and unintended greenwashing. Small & medium sized companies are the main contributors for employment, economic growth, better income distribution and social entrepreneurship, the world over. The sustainable development transition poses heightened risks and better opportunities for these entities. SMEs should be adequately equipped and empowered to mitigate sustainable development transitional risks and capitalize on opportunities. Also, the ESG strategic planning process is designed to generate sustainable opportunities for corporate value addition, rather than the traditional linear growth model of producing and selling more to enable more value addition. Preparedness, strategic alignment, and robust governance will increase their resilience and continued economic contribution which is key to wholistic socio-economic wellbeing. Also, SMEs have widespread business bases and close interactions with social subsystems. Hence, their influence on the wider society, for sustainable consumption alignment and lifestyle changes, will be much greater. For Whom - Founders, Owner Managers, Corporate Managers, Sustainability Consultants, Environmental Auditors & Consultants, HSE Auditors & Consultants, Energy Auditors & Consultants, ESG Managers, Sustainability Managers, CSR Managers, Investors, ESG Auditors, Social and Environmental Activists.



Small And Medium Sized Enterprises In The European Union Development Challenges In 2014 2020 Perspective


Small And Medium Sized Enterprises In The European Union Development Challenges In 2014 2020 Perspective
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Author : Marek Matejun
language : pl
Publisher: Lodz University of Technology
Release Date : 2014-10-01

Small And Medium Sized Enterprises In The European Union Development Challenges In 2014 2020 Perspective written by Marek Matejun and has been published by Lodz University of Technology this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-01 with categories.


For many years, small and medium-sized enterprises have occupied an important place in the strategy of socio-economic development of the European Union. This is due to the fact that these entities have many important functions related to, among others, creating a significant share of the national income and jobs, introducing innovations and causing many other effects that positively influence the level of competitiveness of the European economy. In order to ensure favorable conditions for the development of the SME sector in the European Union at the central level, as well as at the level of individual countries and regions, numerous assistance programs are developed in the form of specific support instruments available for the smallest entities. Currently, the European Union is entering the new 2014-2020 programming period, which is associated with the implementation of the principles of the Europe 2020 Strategy. This perspective will be associated with the possibility of the participation of entrepreneurs in a number of projects and the use of many support instruments, both financial, as well as non-financial. As in the previous years, however, certain actions will have to be taken and the acquisition of specific skills useful in efforts to absorb the EU assistance will be required. At the same time, exploiting the potential of the environment in the 2014-2020 perspective will be associated with changes in the conditions for the functioning and development of many European small and medium-sized enterprises. The monograph is devoted to the above-presented matters. Its aim is the presentation, analysis and evaluation of selected issues which, according to the authors, will be important for development processes of small and medium-sized enterprises in the 2014-2020 perspective. The book consists of fourteen chapters, which are divided thematically into three separate parts. The first part concentrates on the external conditions for the development of small and medium-sized enterprises in the latest strategic perspective of the European Union. The second part of the monograph emphasizes the challenges and changes in management systems which will largely determine the functioning of the SME sector in the coming years. The third, and last, part of the monograph focuses on selected determinants of building the competitiveness of businesses in the SME sector. The monograph is addressed primarily to managers and owners of small and medium-sized enterprises, along with undergraduate and graduate students, as well as post-graduate business students. At the same time, we hope that this book will be also appreciated in the scientific community, enriching the debate on the future challenges in managing the development of small and medium-sized enterprises, as well as inspiring discussion and further research in this field.



The Changing Role Of Smes In Global Business


The Changing Role Of Smes In Global Business
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Author : Alkis Thrassou
language : en
Publisher: Springer Nature
Release Date : 2020-11-08

The Changing Role Of Smes In Global Business written by Alkis Thrassou and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-08 with Business & Economics categories.


SMEs are significant job creators and drivers of innovation and competition in most economic sectors. Furthermore, the traditional constraints of small and medium enterprises, such as geographic operations, are now being dissolved by technological developments. This means that there are new opportunities for SMEs, and their fundamental principles are being redefined: the aims, competencies, strategy, management, practice, and scope of these businesses are changing, with wide-ranging implications. This is the first part of a two volume work that incorporates scientific chapters on SME business theory and practice. Authors provide a balanced perspective of the present and future of SMEs across all business disciplines, including management, strategy, marketing, economics, and finance. While Volume II explores external issues such as contextual forces, the effects of the financial crisis, and macro-economic effects, this first volume focuses on the individual SME and internal issues such as innovation, quality, and digitization.



Examining The Vital Financial Role Of Smes In Achieving The Sustainable Development Goals


Examining The Vital Financial Role Of Smes In Achieving The Sustainable Development Goals
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Author : Taleb, Dalila
language : en
Publisher: IGI Global
Release Date : 2023-01-03

Examining The Vital Financial Role Of Smes In Achieving The Sustainable Development Goals written by Taleb, Dalila and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-03 with Business & Economics categories.


In today’s society, businesses are being pressured to play a more active role in addressing global environmental, social, and economic issues. Therefore, a considerable shift in the functional components of enterprises is required to achieve the Sustainable Development Goals. SMEs play a vital role in countries' socio-economic structures, and the importance of SMEs is increasingly recognized as a factor of economic stability and social cohesion. In order to ensure SMEs are appropriately utilized to achieve the Sustainable Development Goals, further study is required. Examining the Vital Financial Role of SMEs in Achieving the Sustainable Development Goals highlights the challenges and opportunities of using the concepts of economic sustainability to achieve sustainability goals as well as the role SMEs play in developing sustainable practices. The book also discusses how finance sustainability can be used to improve the stability of policies. Covering topics such as blockchain, corporate social responsibility, and performance management practices, this reference work is ideal for business owners, policymakers, researchers, scholars, academicians, practitioners, instructors, and students.



Handbook Of Research On Sustaining Smes And Entrepreneurial Innovation In The Post Covid 19 Era


Handbook Of Research On Sustaining Smes And Entrepreneurial Innovation In The Post Covid 19 Era
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Author : Baporikar, Neeta
language : en
Publisher: IGI Global
Release Date : 2021-02-05

Handbook Of Research On Sustaining Smes And Entrepreneurial Innovation In The Post Covid 19 Era written by Baporikar, Neeta and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-05 with Business & Economics categories.


A multidimensional approach to entrepreneurship, especially in the post-COVID-19 era, will have an important influence on the state of business and government, especially when considering the effects of technological development, innovation, glocalization, and nationalization policies that need to be adopted for inclusive sustainable growth, as well as the enhanced and efficient utilization of global resources. That means there is likely to be a shift in how entrepreneurship development and entrepreneurial opportunities will be perceived, developed, and resourced. The question is how to sustain SMEs and entrepreneurial innovation in the post-COVID-19 era. Thus, comprehensive research and knowledge on designing policies and approaches to ensure the sustainability of SMEs and entrepreneurial innovation in post-pandemic times are essential to sustain, stimulate, and foster SMEs, entrepreneurship, and entrepreneurial innovations. The Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era provides research dedicated to entrepreneurship with a special emphasis on the sustainability of SMEs and entrepreneurial innovations in the post-COVID-19 era. It provides discussion and the exchange of information on principles, strategies, models, techniques, methodologies, and applications of entrepreneurship in the post-COVID-19 era in the field of public and private organizations. The chapters communicate the latest developments and thinking on the entrepreneurship subject worldwide by drawing on the latest developments, ideas, research, and best practice to examine the implications of the changes taking place due to COVID-19. This book is ideally intended for entrepreneurs, global organizations, small and medium-sized enterprises, managers, executives, government officials, policymakers, researchers, academicians, and students who are interested in learning about, designing, or implementing policies that are more effective in the post-pandemic era.



Enterprise Development In Smes And Entrepreneurial Firms Dynamic Processes


Enterprise Development In Smes And Entrepreneurial Firms Dynamic Processes
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Author : Ndubisi, Nelson Oly
language : en
Publisher: IGI Global
Release Date : 2013-02-28

Enterprise Development In Smes And Entrepreneurial Firms Dynamic Processes written by Ndubisi, Nelson Oly and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-28 with Business & Economics categories.


In order to increase the economic opportunities available, enterprise development plays a crucial role in the progression of socio-economic development for small and medium enterprises. Enterprise Development in SMEs and Entrepreneurial Firms: Dynamic Processes explores the process of enterprise development and its reconstruction of entrepreneurial identities, critical competencies as well as market turnaround for SMEs. This book aims to be a critical resource in the understanding of enterprise strategies adopted and lessons learned for management development. It is a successful resource for students, researchers and professionals interested in the growth SMEs.



Are Small Firms Important Their Role And Impact


Are Small Firms Important Their Role And Impact
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Author : Stephen Ackermann
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Are Small Firms Important Their Role And Impact written by Stephen Ackermann and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


Are Small Firms Important? Their Role and Impact proposes and supports the claim that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation and innovation that leads to technological change, productivity and economic growth. Second, small firms are the essential mechanism by which millions enter the economic and social mainstream of American society. The public policy implications for sustained economic growth and social well-being is the continued high-level creation of new and small firms by all segments of society. It should be the role of government policy to facilitate that process by eliminating entry barriers, lowering transaction costs, and minimizing regulation.



Sustainability And Small And Medium Sized Enterprises


Sustainability And Small And Medium Sized Enterprises
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Author : Aharon Factor
language : en
Publisher: Routledge
Release Date : 2021-03-29

Sustainability And Small And Medium Sized Enterprises written by Aharon Factor and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-29 with Business & Economics categories.


Industrialisation has brought great benefits to humankind but now, after 200 years of fossil fuel use, land clearance and pollution, the planet’s boundaries are being stretched to their limits. Going beyond these confines would have severe consequences for humankind. To prevent this from happening, government, corporate and community initiatives must focus on reducing the environmental impact of approximately 400 million small and medium-sized enterprises (SMEs), given that they produce approximately 70% of the world’s pollution, 60% of carbon emissions and have a significant impact on land. To date, research shows that SMEs have been environmental laggards and more needs to be understood to improve sustainability in the SME sector. Broadening the researcher’s methodological focus, beyond traditional singular approaches, improves knowledge generation and better informs policy and practice. This book paves the way by showing the reader that a mixed method research design is able to provide a deep, diverse and holistic understanding of sustainability and SMEs. Importantly, the book also provides an in-depth mapping of mixed method sustainability and SME research at a regional level. As this book is about environmental sustainability framed in a business context, it will be of interest to researchers, academics, students and those in industry who are enquiring about the environmental sustainability of SMEs.



Entrepreneurship And Local Economic Development


Entrepreneurship And Local Economic Development
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Author : Bruno Dallago
language : en
Publisher: Routledge
Release Date : 2018-09-05

Entrepreneurship And Local Economic Development written by Bruno Dallago and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-05 with Business & Economics categories.


This book focuses on the nature and role of entrepreneurship in modern developed and emerging economies and societies, its relation to governments and universities, and its role in the often-forgotten informal economy. The aim is to position entrepreneurship in the post-crisis context and explore how its relation to universities and governments contributes to explain the countries’ and territories’ growth performance and resilience or vulnerability to the crisis. The accent is particularly on processes and patterns at local level and in small and medium-sized enterprises in local economic systems and districts, local systems of innovation, and the types and configurations of innovation these give origin to. With globalization, entrepreneurship has become fundamental for the competitiveness of territories and countries, for policy management and for development. The local dimension is fundamental because of agglomeration economies and effects, the advantages of proximity and the nature of knowledge and information. Furthermore, territories carry to the centre-stage tacit knowledge, localized social capital, embeddedness and interpersonal relations as fundamental components of their endogenous socio-economic development and competitiveness. When local systems are connected in a horizontal network, they contribute to the strength of national and international systems. To play a constructive role from this perspective, entrepreneurship must avoid local entrenchment and support the local economy to upgrade and be competitive. To do this, the entrepreneurs’ interaction and alliance with universities and governments is a must for those countries and localities wanting to emerge. This requires that enterprises, universities and governments create synergies and spill-overs to their mutual advantage.