Skip to main content
SpringerLink
Log in
Book cover

International Conference on Information Systems Architecture and Technology

ISAT 2017: Information Systems Architecture and Technology: Proceedings of 38th International Conference on Information Systems Architecture and Technology – ISAT 2017 pp 141–149Cite as

An Analysis of Selected Correlations Between Microenterprises’ Financing and Its Characteristics. A Case Study

  • Conference paper
  • First Online:

  • 1273 Accesses

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 657))

Abstract

The article is devoted to analysis of several aspects of financing methods of microenterprises created under the Human Capital Operational Programme in the Fundacja Inkubator – a non-profit foundation form Lodz, one of beneficiates of the Human Capital Operational Programme in Lodz region. The issues concerning micro entrepreneurs’ preferences of financing methods, importance of particular factors associated with external financing selection, problems with getting financial support and their statistical correlation with firms’ characteristics and survivability were analyzed. The analysis was based on the data from a Computer Aided Web Interview (CAWI) survey, which was conducted among the participants of several projects, realized by the Fundacja Inkubator. The survey covered 146 microenterprises out of more than 400 firms created in 13 projects completed between years 2008 and 2015 under Measure 6.2 Support and promotion of entrepreneurship and self-employment and Submeasure 8.1.2. Support for adaptation and modernization processes in regions under the Human Capital Operational Programme.

This is a preview of subscription content, log in via an institution.

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

References

  1. Agibe, S.A.: Theory of Productivity Discovering and Putting to Work the Ideas and Values of American Culture. WestBow Press, Bloomington (2015)

    Google Scholar 

  2. Aigbavboa, C.O., Tshikhudo, L.M., Thwala, W.D.: Identification of critical success factors for the survival of small, medium and micro enterprise contracting firms in the greater Johannesburg metropolitan area. In: Proceedings 8th Construction Industry Development Board; 2014. Identification of Critical Success Factors for the Survival of Small, Medium and Micro Enterprise Contracting Firms in the Greater Johannesburg Metropolitan Area (2014). http://hdl.handle.net/10210/12045. Accessed 10 May 2017

  3. Beck, T., Demirgüç-Kunt, A., Martinez Peria, M.S.: Bank financing for SMEs around the world: drivers, obstacles, business models, and lending practices. World Bank Policy Research Working Paper No. 4785, International Monetary Fund (IMF), November 2008. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1312268. Accessed 10 May 2017

  4. Eurostat RAMON - Reference and Management of Nomenclatures: SCL – Statistical Classification of Economic Activities in the European Community (NACE Rev. 2). http://ec.europa.eu/eurostat/ramon/nomenclatures/index.cfm?TargetUrl=LST_NOM_DTL&StrNom=CL_NACE2. Accessed 10 May 2017

  5. Groenewegen, G., de Langen, F.: Critical success factors of the survival of start-ups with a radical innovation. J. Appl. Econ. Bus. Res. 2(3), 155–171 (2012). http://www.aebrjournal.org/uploads/6/6/2/2/6622240/4makalecriticalsuccessfactorsofthesurvivalofstart.pdf. Accessed 10 May 2017

  6. International Standard Classification of Education ISCED 2011. UNESCO Institute of Statistics, Quebec (2012). http://www.uis.unesco.org/Education/Documents/isced-2011-en.pdf. Accessed 10 May 2017

  7. Kalleberg, A.L., Leicht, K.T.: Gender and organizational performance: determinants of small business survival and success. Acad. Manag. J. 34(1), 136–161 (1991)

    Article  Google Scholar 

  8. Leych, C.: Critical success factors for ERP projects in small and medium-sized enterprises-the perspective of selected German SMEs. In: Proceeding of the 2014 Federated Conference on Computer Science and Information Systems. ACSIS, vol. 2, pp. 1181–1190 (2014)

    Google Scholar 

  9. Łobos, K., Szewczyk, M.: Survival analysis: a case study of micro and small enterprises in Dolnośląskie and Opolskie Voivodship (Poland). In: Ekonomická revue – Central European Review of Economic Issues, vol. 15, VSB, Ostrava, p. 207 (2012). doi:10.7327/cerei.2012.12.01, https://www.ekf.vsb.cz/export/sites/ekf/cerei/cs/Papers/VOL15NUM04PAP01.pdf. Accessed 10 May 2017

  10. López-Gracia, J., Sogorb-Mira, F.: Testing trade-off and pecking order theories financing SMEs. Small Bus. Econ. 31(2), 117–136 (2008). doi:10.1007/s11187-007-9088-4

    Article  Google Scholar 

  11. Matejun, M., Szymańska, K.: Finansowanie i wspomaganie rozwoju firm sektora MSP. In: Matejun, M. (ed.) Zarządzanie małą i średnią firmą w teorii i w ćwiczeniach, Difin, Warszawa, p. 207 (2012). http://www.matejun.com/pubs-pl/2012_Matejun_Szymanska_Finansowanie_i_wspomaganie_rozwoju_firm_sektora_MSP_fragment.pdf. Accessed 10 May 2017

  12. Olszak, C.M.: Krytyczne czynniki sukcesu wdrażania zarządzania wiedzą w małych i średnich przedsiębiorstwach. In: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Ekonomiczne Problemy Usług, Szczecin, nr 87, pp. 110–119 (2012)

    Google Scholar 

  13. Shane, S.: Small business failure rates by industry: the real numbers. In: Small Business Trends. http://smallbiztrends.com/2012/09/failure-rates-by-sector-the-real-numbers.html. Accessed 10 May 2017

  14. Szmit, A., Lisiak-Felicka, D., Szmit, M.: Analiza przeżywalności firm utworzonych w ramach projektów realizowanych z Programu operacyjnego kapitał ludzki. Studium empiryczne dla Fundacji Inkubator w Łodzi. In: Przedsiębiorczość i Zarządzanie, vol. XVI, no. 5 cz. I, pp. 233–251 (2015)

    Google Scholar 

  15. Szmit, A.: Analiza przeżywalności startupów powstałych w ramach projektów POKL w Fundacji Inkubator w Łodzi. In: Depta, A. (ed.) Problemy i perspektywy zarządzania w społeczeństwie ryzyka oraz zagadnienia jakości życia, Monografie Politechniki Łódzkiej, Łódź, pp. 7–16 (2016). ISBN 978-83-7283-794-3

    Google Scholar 

  16. van Praag, C.M.: Business survival and success of young small business owners. Small Bus. Econ. 21(1), 1–17 (2003)

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. IBM GSDC, Wroclaw, Poland

    Maciej Szmit

  2. Department of Management, Lodz University of Technology, Lodz, Poland

    Anna Szmit

  3. Department of Finance and Strategic Management, University of Lodz, Lodz, Poland

    Magdalena Dąbkowska

  4. Department of Computer Science in Economics, University of Lodz, Lodz, Poland

    Dominika Lisiak-Felicka

Authors
  1. Maciej Szmit
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Anna Szmit
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Magdalena Dąbkowska
    View author publications

    You can also search for this author in PubMed Google Scholar

  4. Dominika Lisiak-Felicka
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Maciej Szmit .

Editor information

Editors and Affiliations

  1. Department of Management Systems, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Zofia Wilimowska

  2. Department of Computer Science, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Leszek Borzemski

  3. Department of Computer Science, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Jerzy Świątek

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer International Publishing AG

About this paper

Cite this paper

Szmit, M., Szmit, A., Dąbkowska, M., Lisiak-Felicka, D. (2018). An Analysis of Selected Correlations Between Microenterprises’ Financing and Its Characteristics. A Case Study. In: Wilimowska, Z., Borzemski, L., Świątek, J. (eds) Information Systems Architecture and Technology: Proceedings of 38th International Conference on Information Systems Architecture and Technology – ISAT 2017. ISAT 2017. Advances in Intelligent Systems and Computing, vol 657. Springer, Cham. https://doi.org/10.1007/978-3-319-67223-6_14

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-67223-6_14

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-67222-9

  • Online ISBN: 978-3-319-67223-6

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics

Search

Navigation