Full Description
Small and medium-sized enterprises (SMEs) and startups face distinct managerial challenges due to their size, resource constraints, and dynamic environments. This edited volume explores how globalization, digitization, sustainability regulations, and geopolitical crises intensify these challenges. Drawing on interdisciplinary research from management, economics, social sciences, and information systems, the book presents innovative strategies and real-world examples that help SMEs and startups not only navigate adversity but also transform challenges into entrepreneurial opportunities. It offers insights into how these firms adapt to shortened innovation cycles, demographic shifts, and competitive pressures, providing a valuable resource for academics, practitioners, and policymakers seeking to understand and support entrepreneurial resilience and growth.
Contents
Current Developments and Challenges in the Management of SMEs and Startups.- Part I: Strategic Management and Business Environment.- Firm Barriers in the Western Balkans: A Comprehensive Analysis.- Managing entrepreneurial visibility in tech startups - characteristics, challenges & strategies.- Enhancing servitization in SMEs: the role of cost and performance measurement tools.- Heterogeneity in Academic Entrepreneurship: Classifying University-based Startups and establishing Everyday University Startups.- Part II: Organizational Development.- External Cooperation for Creative Problem-Solving.- The Dilemma of Employment and Small Family Business Growth.- Family Climate: Driving Organizational Resilience of Hidden Champions.- Knowledge Transfer and Psychological Safety of Migrants in SMEs: An Exploratory Qualitative Study.- Part III: Entrepreneurial Finance.- Business angels and small and micro-cap private equity funds as alternative funding sources for SME acquisitions.- Differences in the Screening Criteria Between US and Continental European VC Investors.- The Impact of the External Environment on Venture Capital Decision-Making and Startup Financing.- Part IV: Sustainable and Digital Transformation.- A Sustainability Reporting (and Management) Framework for SMEs in the Furniture Industry: Key Thematic Aspects and Indicators.- How to Develop Digital Products Legally?.- How does digitalization affect innovation output? The case of German small and medium sized enterprises.
