Search for tag 'Small and medium sized companies'

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  1. Family firms pay more attention to CSR

    Do family firms pay more attention to CSR?

    There is an ongoing debate in academia about whether family firms are more socially responsible than others. So far, research has not been conclusive. In order to further the discussion, professor Kerstin Fehre, together with a colleague from the Institute of Management at the Karlsruhe Institute of Technology, rephrased the question: “Does the management of family firms pay more attention to corporate social responsibility (CSR)?”

  2. Stricter than the EU? Surely that’s not necessary?

    How do unlisted companies – starters and rapidly growing businesses – finance their growth? How are their potential transfers or buyouts financed? And what impact do financing choices have on their continued development? At the request of the Belgian Federal Science Policy Office, a team of researchers from a number of different universities has been examining these questions. Professor Sophie Manigart was the project leader. Below, she comments on the key results that emerged from the study.

  3. How effective are policies that use taxpayer funds to boost SME and Entrepreneurial activity?

    Governments in developed countries appear to believe that either the nature, or the scale, of their country’s entrepreneurial activity is sub-optimal. So, to stimulate this activity, they employ taxpayer funds. This paper examines the effectiveness of such policies in Sweden – and then extrapolates the Sweden exemplar to several other countries and regions, including Flanders.

  4. Creating added value by innovating together: Business models built through open innovation can yield rich rewards

    Creating added value by innovating together: business models built through open innovation can yield rich rewards

    Dynamic and creative small firms can dominate tough markets by forging innovation partnerships to create and capture value from new opportunities even if they are low- or medium-tech companies. Difficult market conditions force small and medium-sized firms to adapt or reinvent their businesses through new technologies or unique value propositions, but they often lack resources and technical capabilities and must thus collaborate with others to compete.

  5.  CSR

    SME Leaders Make Sense of CSR

    During the last decades, a whole series of concepts have been launched in what has developed to a new management field : the business and society field also called the social issue in management. These concepts include corporate social responsibility, corporate citizenship, corporate social performance, sustainable development, stakeholder theory, and business ethics.

  6. High-growth entrepreneurial firms in Africa

    High-growth entrepreneurial firms in Africa

    This article analyses the growth performance of a number of entrepreneurial firms in 10 manufacturing sectors of 11 Sub-Saharan African (SSA) countries. The focus of the article is on identifying the entrepreneurial attributes and company characteristics that tend to generate a significant number of high-growth firms (HGFs) in these countries. The authors investigate to what extent certain co-variates may affect the conditional distribution of company growth rates more fundamentally. They focus not only on the factors that systematically increase the ‘mean’ growth rates of firms, but also on the factors that tend to stretch the right tail of the conditional distribution of growth rates – in other words, factors that tend to generate a significant number of high-growth firms.

  7. Business Angels lend a helping hand

    Business Angels lend a helping hand

    With an average age of 51 years, 19 years of managerial experience, 14 years as an entrepreneur – and, certainly, considerable financial resources – Business Angels are private individuals who invest in young companies that are not quoted on the Stock Exchange. As very young companies (or those that need only a small amount of funding) often find it difficult to attract venture capital, the BANs bring these companies in contact with BAs who help provide the necessary funds.

  8. Strategy matters

    Governments are keenly aware of the contribution small- and medium-sized enterprises can make to enhancing market integration in the EU and improving its global performance. But research suggests that institutional support is not yet responding fully to the diverse needs of SMEs with ambitions to succeed in global markets.

  9. Attention

    Growth companies during the financial crisis

    Growth companies in Flanders are not being affected financially by the crisis. Thanks to an effective approach, they are able to withstand the economic recession. That is the major conclusion of the large growth survey conducted by iGMO (Impulscentrum Groeimanagement voor Middelgrote Ondernemingen / Growth management impulse centre for mid-sized enterprises) at Vlerick Business School. The results are being presented during the iGMO Growth Management Summit 2009 on 18 and 19 June in Oostende. The research was supported by Ernst & Young and KBC.

  10. Group discussion

    Determinants of successful internationalisation by SMEs in Flanders

    Export companies are more resistant to crisis according to a study by Flanders DC. Small and medium sized firms (SMEs) internationalize not only to grow their business, but also to survive. Spreading activities across different countries make SMEs more resistant to the impact of an economic downturn.

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