‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countries

The purpose of this paper is to examine the relationship between ‘soft’ support infrastructure (SSI) and the performance of small and medium enterprises (SMEs). The study encompasses European countries’ economic activity and SMEs’ output in 2015 and 2018. The focus of the research is SME...

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Main Authors: Ćudić Bojan, Skrodzka Iwona
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2021-01-01
Series:Ekonomski Anali
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642130067C.pdf
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author Ćudić Bojan
Skrodzka Iwona
author_facet Ćudić Bojan
Skrodzka Iwona
author_sort Ćudić Bojan
collection DOAJ
description The purpose of this paper is to examine the relationship between ‘soft’ support infrastructure (SSI) and the performance of small and medium enterprises (SMEs). The study encompasses European countries’ economic activity and SMEs’ output in 2015 and 2018. The focus of the research is SMEs in the European Union member states and the Western Balkan countries. The analysis was conducted using partial least squares structural equation modelling (PLS-SEM). This method enabled the examination of links between variables that are not directly observable. The results show that countries investing in SSI have better SME performance. Based on the statistical analysis, among other things, the authors identify the Human Development Index and the use of information and communication technology at the company level as the two most significant factors that impact on SMEs’ performance.
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spelling doaj.art-bee0fe4505524bc6930f80b19f7d7c952022-12-21T21:24:47ZengFaculty of Economics, BelgradeEkonomski Anali0013-32641820-73752021-01-0166230679910.2298/EKA2130067C0013-32642130067C‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countriesĆudić Bojan0Skrodzka Iwona1University of MariborUniversity of BialystokThe purpose of this paper is to examine the relationship between ‘soft’ support infrastructure (SSI) and the performance of small and medium enterprises (SMEs). The study encompasses European countries’ economic activity and SMEs’ output in 2015 and 2018. The focus of the research is SMEs in the European Union member states and the Western Balkan countries. The analysis was conducted using partial least squares structural equation modelling (PLS-SEM). This method enabled the examination of links between variables that are not directly observable. The results show that countries investing in SSI have better SME performance. Based on the statistical analysis, among other things, the authors identify the Human Development Index and the use of information and communication technology at the company level as the two most significant factors that impact on SMEs’ performance.http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642130067C.pdfsmall and medium enterprisesperformancehuman capitalict usepls-sem
spellingShingle Ćudić Bojan
Skrodzka Iwona
‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countries
Ekonomski Anali
small and medium enterprises
performance
human capital
ict use
pls-sem
title ‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countries
title_full ‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countries
title_fullStr ‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countries
title_full_unstemmed ‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countries
title_short ‘Soft’ support infrastructure and the performance of small and medium-sized enterprises in European countries
title_sort soft support infrastructure and the performance of small and medium sized enterprises in european countries
topic small and medium enterprises
performance
human capital
ict use
pls-sem
url http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642130067C.pdf
work_keys_str_mv AT cudicbojan softsupportinfrastructureandtheperformanceofsmallandmediumsizedenterprisesineuropeancountries
AT skrodzkaiwona softsupportinfrastructureandtheperformanceofsmallandmediumsizedenterprisesineuropeancountries