The Role of Small Business in the Economy and Methods of Its Government Support Using the Example of the Republic of Latvia
Ludmila Verovska,Renate Zujeva +1 more
- Vol. 16, Iss: 2, pp 72-81
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In this article, the authors determine the role of small and medium enterprises in the economy, as well as study and evaluate the effectiveness of government support methods for small business entities (SMEs) using the example of the Republic of Latvia.Abstract:
Research purpose. The purpose of this study was to determine the role of small and medium enterprises in the economy, as well as to study and evaluate the effectiveness of government support methods for small business entities (SMEs) using the example of the Republic of Latvia. The subject of the research was the system of state regulation and promotion of SME development. The object of the research was the sphere of small business in the Latvian economy, including SMEs, infrastructure support and development of small business.read more
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DissertationDOI
Bank Financing for Small and Medium-sized Enterprises (SMEs) in Libya
TL;DR: In this article, the authors investigate the issues associated with SME access to finance and highlight the importance of SMEs in key economic areas, including the distribution of income, the absorption of labour and the alleviation of poverty.
Proceedings ArticleDOI
Quality management system as tool for corporate development and competitiveness increase in small and medium companies
Zane Drinke,Ieva Bruksle +1 more
Abstract: In a globalized world characterized by strong competition in various business areas, companies need to be able to find a competitive edge. Small and medium-sized enterprises, which are the backbone of the economy, must be able to compete with large companies that are technologically and financially more secure. It is therefore essential to be flexible, to look for new approaches and use different tools to promote development and competitiveness. A quality management system can be such a tool. Within the framework of this research, the role of the quality management system in ensuring successful operations and competitiveness of small and medium enterprises will be evaluated. Purpose of the methodology is to evaluate and develop four main spheres of organization: recourse management, document management, determination of management competence, efficiency and improvement management. Implementation of quality management systems or methodologies reduces corporate costs and ensures competitive operation.
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An analysis of SMEs funding, bank efficiency and barriers to lending: three essays
TL;DR: In this paper, the authors focus on bank lending to SMEs with consideration of both the demand side and supply side, and analyze the impact of liberalization on banking soundness based on a secondary dataset of 10 East Asian countries.