Influence of Globalisation on Small and Medium Enterprises Cover Image

Vplyv globalizácie na malé a stredné podniky
Influence of Globalisation on Small and Medium Enterprises

Author(s): Ľubica Lesáková
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: small and medium enterprises; globalisation; new businesses types; innovation; information and communication technologies; strategic management

Summary/Abstract: Small and medium enterprises (SME) are faced with the need for a strategic responce to the changes in global business environment. The aim of the article is to present the basic atributes of new businesses model determining success of SMEs in the new world of globalisation. In the first part of article the impact of globalization on businesses sector is presented. In second part of this paper we discuss the future of SME in new world of global economics. Presented are changes in character and functioning of small and medium enterprises. Special attention is devoted to 3 crutial atributes of new businesses model which will determine future success of small and medium enterprises in new world of global economics: a) implementation of new businesses types in SMEs sector, b) im-plementation of innovation, information and communication technologies by SMEs, c) implementation of strategic management by SMEs.

  • Issue Year: 56/2008
  • Issue No: 06
  • Page Range: 607-621
  • Page Count: 15
  • Language: Slovak