EXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESS
Small and medium-sized enterprises (SMEs) have succeeded in being the main and dynamic pillar of national and international economies. Education and work experience is essential in increasing SMEs’ efficiency and competitiveness. The changing business environment has created fierce competitiveness...
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| Format: | Article |
| Language: | English |
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Institute for Research and European Studies
2023-03-01
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| Series: | Journal of Liberty and International Affairs |
| Subjects: | |
| Online Access: | https://e-jlia.com/index.php/jlia/article/view/860 |
| _version_ | 1797860269703036928 |
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| author | Muhamet Spahiu Esat Durguti |
| author_facet | Muhamet Spahiu Esat Durguti |
| author_sort | Muhamet Spahiu |
| collection | DOAJ |
| description |
Small and medium-sized enterprises (SMEs) have succeeded in being the main and dynamic pillar of national and international economies. Education and work experience is essential in increasing SMEs’ efficiency and competitiveness. The changing business environment has created fierce competitiveness among SMEs, requiring active interaction between managers/owners and stakeholders. As a result, this study aims to explore the influence of education, experience, using a business plan, and barriers on the success of small and medium-sized businesses. This research employed an online questionnaire for scientific research. Through ordered logistic modeling, we observed 336 answers from businesses using the qualitative approach. The study’s findings reveal that education and work experience have a statistically favorable influence on the performance of SMEs, whereas barriers have a substantial adverse influence. Findings on barriers are noteworthy in the context of this study since the governing institutions throughout the pandemic and later situations experimented with the measures adopted. The study also benefits SMEs and legislation authorities in understanding the critical concerns that are perceived as barriers to the growth and expansion of SMEs, resulting in the creation of even more sophisticated infrastructures to support sustainable development.
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| first_indexed | 2024-04-09T21:43:03Z |
| format | Article |
| id | doaj.art-23ff069c6c254d8db7385ddc3e7d8f94 |
| institution | Directory Open Access Journal |
| issn | 1857-9760 |
| language | English |
| last_indexed | 2024-04-09T21:43:03Z |
| publishDate | 2023-03-01 |
| publisher | Institute for Research and European Studies |
| record_format | Article |
| series | Journal of Liberty and International Affairs |
| spelling | doaj.art-23ff069c6c254d8db7385ddc3e7d8f942023-03-25T13:48:07ZengInstitute for Research and European StudiesJournal of Liberty and International Affairs1857-97602023-03-019110.47305/JLIA2391242sEXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESSMuhamet Spahiu0Esat Durguti1Universum College - Prishtina, Kosovo University Isa Boletini, Faculty of Economics - Mitrovica, Kosovo Small and medium-sized enterprises (SMEs) have succeeded in being the main and dynamic pillar of national and international economies. Education and work experience is essential in increasing SMEs’ efficiency and competitiveness. The changing business environment has created fierce competitiveness among SMEs, requiring active interaction between managers/owners and stakeholders. As a result, this study aims to explore the influence of education, experience, using a business plan, and barriers on the success of small and medium-sized businesses. This research employed an online questionnaire for scientific research. Through ordered logistic modeling, we observed 336 answers from businesses using the qualitative approach. The study’s findings reveal that education and work experience have a statistically favorable influence on the performance of SMEs, whereas barriers have a substantial adverse influence. Findings on barriers are noteworthy in the context of this study since the governing institutions throughout the pandemic and later situations experimented with the measures adopted. The study also benefits SMEs and legislation authorities in understanding the critical concerns that are perceived as barriers to the growth and expansion of SMEs, resulting in the creation of even more sophisticated infrastructures to support sustainable development. https://e-jlia.com/index.php/jlia/article/view/860SME PerformanceEducationExperiencesBusiness PlanObstacles |
| spellingShingle | Muhamet Spahiu Esat Durguti EXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESS Journal of Liberty and International Affairs SME Performance Education Experiences Business Plan Obstacles |
| title | EXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESS |
| title_full | EXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESS |
| title_fullStr | EXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESS |
| title_full_unstemmed | EXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESS |
| title_short | EXAMINATION OF DECISION-MAKING STRUCTURES’ PERCEPTIONS OF COMPONENTS ON THE INFLUENCES OF SME SUCCESS |
| title_sort | examination of decision making structures perceptions of components on the influences of sme success |
| topic | SME Performance Education Experiences Business Plan Obstacles |
| url | https://e-jlia.com/index.php/jlia/article/view/860 |
| work_keys_str_mv | AT muhametspahiu examinationofdecisionmakingstructuresperceptionsofcomponentsontheinfluencesofsmesuccess AT esatdurguti examinationofdecisionmakingstructuresperceptionsofcomponentsontheinfluencesofsmesuccess |