International Journal of Small and Medium Enterprises and Business Sustainability
Vol. 1 No. 1 (2015): July

The SMEs during Economic Slowdown in Poland. The Experiences from the Latest Global Financial Crisis.

Anna BÄ…kiewicz (University of Social Sciences, Warsaw, Poland)



Article Info

Publish Date
21 Jun 2024

Abstract

The paper explores the reaction of small and medium enterprises in Poland to the latest economic slowdown. In order to show some regularities that occurred in the way the small businesses responded to the crisis numerous studies that represented different perspectives and methodologies are summarized in the paper. The experiences of Poland provide some convincing evidence that the resistance to the negative external factors of particular subsectors of the SMEs depends on the specific futures of small businesses. Moreover, it becomes evident that conservative business strategies adapted by the majority of the SMEs make the later more resistant to the crisis. Generally, the results of the study stand in opposition to the popular view in which small businesses are identified with dynamic entrepreneurship and development.

Copyrights © 2015






Journal Info

Abbrev

ijsmebs

Publisher

Subject

Economics, Econometrics & Finance

Description

Welcome to the International Journal of Small and Medium Enterprises and Business Sustainability published by the Publishing Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. As its primary objective, this double-blind review and online scientific journal is dedicated to ...