Naslov
SME Sector Development and the Factors of Enterprise Growth in Croatia

Autori
Račić, Domagoj ; Aralica, Zoran ; Dadić, Tajana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
From Transition to Sustainable Development: The Path to European Integration / The Program Committee ICES 2006 - Sarajevo : Ekonomski fakultet Univerziteta u Sarajevu, 2006

Skup
ICES 2006

Mjesto i datum
Sarajevo, Bosna i Hercegovina, 12.10.2006. - 13.10.2006

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
SME growth; innovation; export orientation; Croatia

Sažetak
The paper explores the main processes and determinants of growth of SMEs in Croatia and empirically explores the data generated through SME Exporters Survey covering the period between 1999 and 2004. The paper is based on a micro level analysis focusing on the characteristics of particular SMEs and entrepreneurs/managers that have achieved strong growth in terms of revenues, the number of employees and exports. When analysing SMEs’ growth, existing research often tends to emphasise the factors such as innovativeness and export orientation, which is partly confirmed by findings presented in the paper. However, institutional change and economic restructuring imply differences in successful business strategies and factors that are conducive to SME growth in Croatia as opposed to more developed economies. Consequently, application of growth-oriented strategy is often inconsistent and/or based on taking advantage of market imperfections.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA