The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized Enterprises
The purpose of this paper is to assess the impact of grants received by companies on the formation of a business model. The study covered micro, small and medium-sized enterprises based in rural areas, which received support in the form of investment grants within the Regional Operational Programmes...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Tomas Bata University in Zlín
2016-09-01
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| Series: | Journal of Competitiveness |
| Subjects: | |
| Online Access: | http://www.cjournal.cz/files/226.pdf |
| _version_ | 1818110636813451264 |
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| author | Olinski Marian Szamrowski Piotr Luty Lidia |
| author_facet | Olinski Marian Szamrowski Piotr Luty Lidia |
| author_sort | Olinski Marian |
| collection | DOAJ |
| description | The purpose of this paper is to assess the impact of grants received by companies on the formation of a business model. The study covered micro, small and medium-sized enterprises based in rural areas, which received support in the form of investment grants within the Regional Operational Programmes 2007-2013 for northern Poland. The research was done using a direct survey method, and covered a total of 155 companies. The results of the study indicate that the grant obtained affected implicitly the modification of the business model elements that are placed on the left side of the template of the Business Model Canvas. However, the tendency of enterprises to undertake an innovative activity usually means changes in their business model both on the left and right side. The greatest strength of the dependence was observed in the case of relationship between the size of the company and changes in the model elements. Mediumsized enterprises were the most active in this respect, when compared to comparison to micro and small businesses, and changed the largest number of elements of the business model due to the obtained grant. |
| first_indexed | 2024-12-11T02:50:18Z |
| format | Article |
| id | doaj.art-a043b4469a604b6b9e7a8a3084c757ba |
| institution | Directory Open Access Journal |
| issn | 1804-171X 1804-1728 |
| language | English |
| last_indexed | 2024-12-11T02:50:18Z |
| publishDate | 2016-09-01 |
| publisher | Tomas Bata University in Zlín |
| record_format | Article |
| series | Journal of Competitiveness |
| spelling | doaj.art-a043b4469a604b6b9e7a8a3084c757ba2022-12-22T01:23:20ZengTomas Bata University in ZlínJournal of Competitiveness1804-171X1804-17282016-09-0183688910.7441/joc.2016.03.05The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized EnterprisesOlinski Marian0Szamrowski Piotr1Luty Lidia2University of Warmia and Mazury in OlsztynUniversity of Warmia and Mazury in OlsztynUniversity of Agriculture in KrakowThe purpose of this paper is to assess the impact of grants received by companies on the formation of a business model. The study covered micro, small and medium-sized enterprises based in rural areas, which received support in the form of investment grants within the Regional Operational Programmes 2007-2013 for northern Poland. The research was done using a direct survey method, and covered a total of 155 companies. The results of the study indicate that the grant obtained affected implicitly the modification of the business model elements that are placed on the left side of the template of the Business Model Canvas. However, the tendency of enterprises to undertake an innovative activity usually means changes in their business model both on the left and right side. The greatest strength of the dependence was observed in the case of relationship between the size of the company and changes in the model elements. Mediumsized enterprises were the most active in this respect, when compared to comparison to micro and small businesses, and changed the largest number of elements of the business model due to the obtained grant.http://www.cjournal.cz/files/226.pdfbusiness modelgrantsmall and medium sized enterprises |
| spellingShingle | Olinski Marian Szamrowski Piotr Luty Lidia The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized Enterprises Journal of Competitiveness business model grant small and medium sized enterprises |
| title | The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized Enterprises |
| title_full | The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized Enterprises |
| title_fullStr | The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized Enterprises |
| title_full_unstemmed | The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized Enterprises |
| title_short | The Impact of EU Funds on the Development of a Business Model for Small and Medium-Sized Enterprises |
| title_sort | impact of eu funds on the development of a business model for small and medium sized enterprises |
| topic | business model grant small and medium sized enterprises |
| url | http://www.cjournal.cz/files/226.pdf |
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