Work

Factors that influence the success of small and medium enterprises in ICT: a case study from the Czech Republic

Year: 2015

Type: article

Abstract: Small and medium enterprises (SMEs) occupy a large niche in the information and technology sector (ICT) and play an important role in the functioning on any state’s economy. This paper focuses on a specific local market and uses the Czech Republic as a case study in order to establish the success factors crucial for achieving economic success. It aims at determining those factors with the help of econometric success rate models based on the own data collected via the means of questionnaire survey among ICT enterprise. Our results show that the earnings-employee ratio, average revenues and the investment in own R&D play the most important role in the success of Czech SMEs in question. Both, financial and non-financial indicators perform significantly in the predictions of success.

Source: Verslas teorija ir praktika

DOI: 10.3846/btp.2015.521

Authors: Martin Krejcí, Wadim Strielkowski, Inna Čabelková

Institutions: Tilburg University, Charles University

Language: English

Topic: Firm Innovation and Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $323