Innovation and Current Financial Management of Small and Medium-Sized Enterprises in Poland Cover Image

Innowacyjność a zarządzanie finansami bieżącymi małych i średnich przedsiębiorstw w Polsce
Innovation and Current Financial Management of Small and Medium-Sized Enterprises in Poland

Author(s): Małgorzata Okręglicka
Subject(s): Business Economy / Management, Micro-Economics, Accounting - Business Administration
Published by: Społeczna Akademia Nauk
Keywords: innovativeness; liquidity; current finances; enterprises; Poland

Summary/Abstract: Innovation tends to be considered a major driver of both economic growth and the competitiveness of companies and industries. It determines the changes in forms and ways of managing an enterprise. One of basic areas of a company management is management of current finances, and one of basic categories of short-term finances is financial liquidity. The main aim of the paper is to identify the influence of an company innovativeness on management of its current finances and maintenance of financial liquidity. The verification of this hypothesis has been based on the results of questionnaire surveys conducted in 2014 on a group of 380 enterprises in Poland, mostly from the SME sector. The studies had pilot (preliminary) character and constitute the basis for the preparation of extended research in the future.

  • Issue Year: 16/2015
  • Issue No: 7.2
  • Page Range: 267-283
  • Page Count: 17
  • Language: Polish