Characteristic Growth Factors of Small and Medium-Sized Enterprises from the Perspective of Selected Multidirectional and Varied Results of Empirical Research
B. Siuta-Tokarska *
Department of Economics and Organization of Enterprises, Cracow University of Economics, Poland
*Author to whom correspondence should be addressed.
Abstract
The paper indicates a relatively big share of firms of the SME sector in the economic development of countries and attention is paid to beneficial effects achieved from the growth of those firms. The author presents selected conclusions of empirical research into that problem in numerous countries, implemented from the point of view of the influence of various factors on the growth of firms of the SME sector including micro-, small and medium-sized business entities. It gives a picture of the conclusions resulting from empirical research and findings of many authors referring to the most significant growth factors of these businesses.
Keywords: Small and medium-sized enterprises, factors of growth, empirical results