74th International Atlantic Economic Conference

October 04 - 07, 2012 | Montréal, Canada

Stimulants and barriers to the development of SMEs located in marginalised regions

Friday, October 5, 2012: 5:35 PM
Renata Lisowska, Ph.D , Department of Entrepreneurship and Indistrial Policy, University of Lodz, Department of Entrepreneurship and Industrial Policy, Lodz, Poland
Small and medium enterprises are one of the main elements of regional infrastructure which determine competitiveness and future development of the region. Progress of the less developed regions cannot take place without active participation of small and medium enterprises.

The aim of the paper is the analysis of stimulants and barriers to the development of small and medium enterprises in Poland which takes into account the unique nature of marginalised regions. The first part of the paper presents the review of literature and studies on the growth and development of SMEs. The second part contains the analysis of determinants of the growth of SMEs based in marginalised regions which refers to the review of secondary studies as well as the author’s own quantitative and qualitative research.