Naslov
Identifying the Key Factors of Success of Micro Family Enterprises in the Republic of Croatia

Autori
Štavlić, Katarina ; Potnik Galić, Katarina ; Radman-Funarić, Mirjana

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

Izvornik
Research Symposium Proceedings Entrepreneurship & SMEs in Emerging Markets: Competitiveness & Innovation in Knowledge Economy / Usai, Antonio ; Porcheddu, Daniele ; Morandi, Francesco ; Cardinali, Silvio ; Del Giudice, Manlio - Sassari : Olbia : University of Sassari, 2017, 67-84

ISBN
9-788-89076-7852

Skup
6th International Research Symposium (2017) Entrepreneurship & SMEs in Emerging Markets: Competitiveness & Innovation in Knowledge Economy

Mjesto i datum
Olbia, Italija, 04.10.2017. - 06.10.2017

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Family micro-enterprises ; Factors of success ; Business performance

Sažetak
Micro-enterprises are of exceptional importance for local, regional and economic development of the entire country. Due to their growing contribution to the Croatian economy, the fact that a large number of them operates at a loss, and that so far no studies have been conducted on factors of success of family micro- enterprises, this paper explores the factors of success of family micro-enterprises. Given that in the Republic of Croatia there are no quantified researches on the number and proportion of family micro-enterprises in the overall number of enterprises, one of the goals of this paper is to determine the share of family micro-enterprises in the selected sample of micro-enterprises. In order to prove the hypotheses, empirical research was conducted on a sample of 112 micro-enterprises from Slavonia and Baranja region. Research results show that 99.1% of micro-enterprises in the surveyed sample are family enterprises. The key factors of success have been identified, which are: quality of products and services, human resources and employee satisfaction and innovations. Furthermore, with the use of Somers’ D correlation coefficient it has been determined that there is a statistically significant correlation between the factors of success (continuous investment in research and development, innovations, application of modern technologies in business processes) and business performance of family micro- enterprises. In addition, as a statistically significant negative correlation has been established between the factors of success (clustering and other forms of associations, and family influence) and business performance of micro-enterprises. The results presented in this paper contribute to the literature in the field of family micro-enterprises.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA