Survival Competencies in SMEs in Changing Business Environments

A4 Conference proceedings


Internal Authors/Editors


Publication Details

List of Authors: Kyllikki Taipale-Erävala
Editors: ICSB editors
Place: Dublin, Ireland
Publication year: 2014
Publisher: International Council of Small Business (ICSB)
Book title: Entrepreneurship and Sustainability : 59th Annual Conference of the International Council for Small Business (ICSB 2014)
ISSN: -


Abstract

The research focuses on competencies in SMEs, and especially competencies in innovation situations caused by external or internal structural changes or transitions. Economic crisis, industrial structural changes or even changes in polity challenge firms, and especially small and medium-sized firms. These external changes affect their existing skills, capabilities, attitudes and behaviors; in other words, competence and competency. When economic situations change, competencies have to change as well. SMEs have a strong impact on common economic development, innovation and new job creation, and it is important to recognize the SME competences as a reforming element in increasing welfare. The qualitative research in Finnish and Russian SMEs highlights entrepreneurial and managerial skills with open-minded attitude and emphasizes the difficulties in returning back to earlier phases in the entrepreneurial process.


Keywords

business environment change, competencies, Finland, Russia, SMEs

Last updated on 2019-16-10 at 02:38