External Assistance to Small and Medium Sized Enterprises (SME) Development in Bulgaria

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Publisher :
ISBN 13 : 9789549097825
Total Pages : 172 pages
Book Rating : 4.0/5 (978 download)

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Book Synopsis External Assistance to Small and Medium Sized Enterprises (SME) Development in Bulgaria by : Marin Todorov

Download or read book External Assistance to Small and Medium Sized Enterprises (SME) Development in Bulgaria written by Marin Todorov and published by . This book was released on 2001 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Small and Medium-Sized Enterprises in Bulgaria

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Publisher : GRIN Verlag
ISBN 13 : 3656038201
Total Pages : 85 pages
Book Rating : 4.6/5 (56 download)

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Book Synopsis Small and Medium-Sized Enterprises in Bulgaria by : Dimitar Vasilev

Download or read book Small and Medium-Sized Enterprises in Bulgaria written by Dimitar Vasilev and published by GRIN Verlag. This book was released on 2011-11 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Economics - Finance, grade: 1,7, Furtwangen University; Villingen-Schwenningen, language: English, abstract: In modern economic conditions, conducting business activity of any kind without availability of debt finance is improbable. The private sector in Bulgaria face the challenge of maintaining sufficient amount of capital to successfully satisfy both working and investment needs. Debt finance products offer an ideal way to satisfy those needs. Small- and medium-sized enterprises are main employment generator and key economic growth factor. They play primarily role in forming both GDP and Value Added of the country. However, SMEs have experienced a vast amount of economic and social problems. Main problems groups can be brought down to: - Inappropriate business environment for the development of SME (administrative, legal, poorly developed business consulting services and regional business centers etc.) - Insufficient financial assistance Since capital markets in Bulgaria are still underdeveloped and alternative sources of finance are hardly present, bank loans/credit lines along with supplier/customer debt prove to be a primary source of capital for small- and medium- sized enterprises. In a bank-based financial system like Bulgaria, banking system is a key factor of economic growth with a major role in productivity, investment levels, innovation and expectation of entrepreneurs. All those factors explain the importance of the chosen topic on regional and national level. Purpose of this work is to create a comprehensive profile of the SME sector in Bulgaria; to pinpoint and analyze its problems toward access to external capital as well as to evaluate trends and challenges in SME debt finance. Key question on which this work attempts to answer is: What are the trends and challenges in the corporate debt financing sector? In order to get there, specific tasks will need to be accomplished - Creation of a

Small and medium-sized enterprises in Bulgaria

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Publisher : GRIN Verlag
ISBN 13 : 3656038295
Total Pages : 78 pages
Book Rating : 4.6/5 (56 download)

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Book Synopsis Small and medium-sized enterprises in Bulgaria by : Dimitar Vasilev

Download or read book Small and medium-sized enterprises in Bulgaria written by Dimitar Vasilev and published by GRIN Verlag. This book was released on 2011-10-27 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Economics - Finance, grade: 1,7, Furtwangen University; Villingen-Schwenningen, language: English, abstract: In modern economic conditions, conducting business activity of any kind without availability of debt finance is improbable. The private sector in Bulgaria face the challenge of maintaining sufficient amount of capital to successfully satisfy both working and investment needs. Debt finance products offer an ideal way to satisfy those needs. Small- and medium-sized enterprises are main employment generator and key economic growth factor. They play primarily role in forming both GDP and Value Added of the country. However, SMEs have experienced a vast amount of economic and social problems. Main problems groups can be brought down to: - Inappropriate business environment for the development of SME (administrative, legal, poorly developed business consulting services and regional business centers etc.) - Insufficient financial assistance Since capital markets in Bulgaria are still underdeveloped and alternative sources of finance are hardly present, bank loans/credit lines along with supplier/customer debt prove to be a primary source of capital for small- and medium- sized enterprises. In a bank-based financial system like Bulgaria, banking system is a key factor of economic growth with a major role in productivity, investment levels, innovation and expectation of entrepreneurs. All those factors explain the importance of the chosen topic on regional and national level. Purpose of this work is to create a comprehensive profile of the SME sector in Bulgaria; to pinpoint and analyze its problems toward access to external capital as well as to evaluate trends and challenges in SME debt finance. Key question on which this work attempts to answer is: What are the trends and challenges in the corporate debt financing sector? In order to get there, specific tasks will need to be accomplished - Creation of a comprehensive profile of the SME sector in Bulgaria and illustration of its growing importance for the national economy. - Evaluation of the supply and demand for debt and determination of potential barriers to limited external finance access for SMEs - Formulating and analyzing trends and challenges of corporate debt financing in Bulgaria [...]

Exploring Market Entry Strategies of German SMEs in Bulgaria. An Empirical Analysis and Comparative Study

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Publisher : GRIN Verlag
ISBN 13 : 3346992004
Total Pages : 69 pages
Book Rating : 4.3/5 (469 download)

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Book Synopsis Exploring Market Entry Strategies of German SMEs in Bulgaria. An Empirical Analysis and Comparative Study by : Andrea Büger

Download or read book Exploring Market Entry Strategies of German SMEs in Bulgaria. An Empirical Analysis and Comparative Study written by Andrea Büger and published by GRIN Verlag. This book was released on 2024-01-10 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2022 in the subject Economics - International Economic Relations, grade: 1,0, New Bulgarian University (Economics), course: International Business, language: English, abstract: This master's thesis will deal with the different market entry strategies of German companies in Bulgaria. More specifically, I will focus on small and medium-sized enterprises (SMEs), since they do not have the financial strength and confidence of large enterprises and corporations, and it would be interesting to examine their behaviour when entering a foreign market. An overview of the micro- and large enterprises will also be presented in order to further support the statements made about SMEs. Through an empirical and comparative analysis of a report of the German-Bulgarian chamber of industry and commerce, I will give an answer to the question, whether is this even worth it and if so, what strategy would be most successful for them and what factors influence the most. The analysis will begin with a more global overview of international business and especially internationalization. The definition of internationalization, its meaning and its relation to entering foreign markets will be presented. In the third chapter, the term market entry will be introduced, as well as the different possible strategies and variations for this. The fourth chapter will focus on small and medium-sized enterprises - what exactly they are in general, in Bulgaria and in Germany, what are the main differences between them and the large ones and why they are important. After that, a legal framework of the situation in Bulgaria will be presented - the economic development of the country, its business environment, corporate law, forms and taxes. All this will be considered in order to get to the heart of this thesis in the sixth chapter - the empirical and comparative analysis and the results drawn from them. Concrete samples with German companies in Bulgaria will be used in the study. Several variables will play a role in my research such as location, type of the enterprise, market entry method, industry and market participation. Based on it, specific problems will be discussed and finally conclusions will be drawn on the determining factors of market entry behaviour of German companies on the Bulgarian market. The master thesis will end with a summary of the main conclusions.

Small and Medium-sized Enterprises

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ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Small and Medium-sized Enterprises by : Pierre Mirel

Download or read book Small and Medium-sized Enterprises written by Pierre Mirel and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Small Firms and Economic Development in Developed and Transition Economies

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Publisher : Routledge
ISBN 13 : 1351755129
Total Pages : 317 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Small Firms and Economic Development in Developed and Transition Economies by : David A. Kirby

Download or read book Small Firms and Economic Development in Developed and Transition Economies written by David A. Kirby and published by Routledge. This book was released on 2017-11-22 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Since the late 1970s there has been considerable interest in the role of small firms in economic development in general and employment generation in particular. Throughout the developed world, governments have introduced a range of measures to encourage small firm growth and development in an attempt to stimulate economic growth, generate employment and foster innovation. Though not all measures have been successful many policies have transferred to the transition economies of Central and Eastern Europe where, since 1989, small firm growth and development has achieved considerable importance in economic restructuring. Accordingly, this volume presents the leading research on the role of small firms in economic development and employment generation in both transition and developed countries. Setting itself in a wider theoretical context, the book also considers the implications for both policy and theory and suggests directions for future research.

Code of Best SME Finance Practices in South Eastern Europe

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Code of Best SME Finance Practices in South Eastern Europe by :

Download or read book Code of Best SME Finance Practices in South Eastern Europe written by and published by . This book was released on 2001 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe

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Publisher : Edward Elgar Publishing
ISBN 13 : 0857933531
Total Pages : 273 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe by : Friederike Welter

Download or read book Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe written by Friederike Welter and published by Edward Elgar Publishing. This book was released on 2011 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique Handbook explores the role of government in the development of entrepreneurship in countries where twenty years ago private enterprise was illegal or barely tolerated. The expert contributors reveal that government policy is one of the key influences on the external environment in which businesses develop, particularly in countries where it has been necessary to redefine the role of the state in relation to business development. They outline how government policy can also act as an enabling and/or a constraining force with respect to entrepreneurship development, particularly in relation to institutional change and the development of a market-based economy. This Handbook includes up-to-date information and analysis as to how entrepreneurship policies have evolved in the wider Europe, focusing on the challenges that arise in designing and implementing entrepreneurship policy. The Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe excellently covers different facets of entrepreneurship policies in Central and Eastern Europe and will prove invaluable for academics, students and researchers of entrepreneurship and small business as well as policy studies. Policy makers will also find plenty of key insights and relevant information in this important resource.

Development Cooperation Bulgaria ... Report

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Development Cooperation Bulgaria ... Report by :

Download or read book Development Cooperation Bulgaria ... Report written by and published by . This book was released on 1999 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technical Assistance for the Development of a Framework for SME Support

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Technical Assistance for the Development of a Framework for SME Support by : H. Feig

Download or read book Technical Assistance for the Development of a Framework for SME Support written by H. Feig and published by . This book was released on 2002 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OECD SME and Entrepreneurship Outlook 2021

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Publisher : OECD Publishing
ISBN 13 : 9264579311
Total Pages : 294 pages
Book Rating : 4.2/5 (645 download)

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Book Synopsis OECD SME and Entrepreneurship Outlook 2021 by : OECD

Download or read book OECD SME and Entrepreneurship Outlook 2021 written by OECD and published by OECD Publishing. This book was released on 2021-06-28 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium-sized enterprises (SMEs) and entrepreneurs have been hit hard during the COVID-19 crisis. Policy responses were quick and unprecedented, helping cushion the blow and maintain most SMEs and entrepreneurs afloat. Despite the magnitude of the shock, available data so far point to sustained start-ups creation, no wave of bankruptcies, and an impulse to innovation in most OECD countries.

Small Enterprise Development in South-East Europe

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Publisher : Springer Science & Business Media
ISBN 13 : 1461509599
Total Pages : 330 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Small Enterprise Development in South-East Europe by : Will Bartlett

Download or read book Small Enterprise Development in South-East Europe written by Will Bartlett and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the Kosovo war in 1999, increasing attention has been paid to the problems of economic development and reconstruction in South-East Europe. In a context of limited resources, small and medium sized enterprises (SMEs) have a key role to play in creating jobs and building a dynamic entrepreneurial economy. Small Enterprise Development In South-East Europe presents important findings from recent empirical research on key factors, which hinder sustainable SME growth in South-East Europe. Finance is identified as a critical barrier to growth, and the role of commercial banks, micro-finance institutions and credit cooperatives in assisting growth is addressed. Yet finance alone is not enough. A rebuilding of social capital, a reduction of the unofficial or grey economy, and the promotion of inter-firm networks and clusters are also of vital importance in promoting sustainable growth. The book concludes with critical analyses of SME policies in Albania, Croatia, and Macedonia, countries which hitherto have received little attention in the literature. Small Enterprise Development in South-East Europe will be of great interest to policy makers, business consultants, and academics and post-graduate students working on economic development and reconstruction in South-East Europe.

OECD Framework for the Evaluation of SME and Entrepreneurship Policies and Programmes

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Publisher : OECD Publishing
ISBN 13 : 9264040099
Total Pages : 126 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis OECD Framework for the Evaluation of SME and Entrepreneurship Policies and Programmes by : OECD

Download or read book OECD Framework for the Evaluation of SME and Entrepreneurship Policies and Programmes written by OECD and published by OECD Publishing. This book was released on 2008-02-04 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Framework provides policy makers with a concrete, explicit, practical and accessible guide to best practice evaluation methods for SME and entrepreneurship policies and programmes, drawing upon examples from a wide range of OECD countries.

Finding Business Partners in Bulgaria

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Finding Business Partners in Bulgaria by : Todor Yalamov

Download or read book Finding Business Partners in Bulgaria written by Todor Yalamov and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The various stakeholders in national innovation systems are interested in clustering for different reasons. The relationship between Bulgarian firms has been evolving through complex organizational partnerships. These partnerships seek either to increase competitiveness or avail themselves to funds for the formation and development of clusters. Policymakers mimic trendy EU or global policies, and utilize funds to support favourable regions, sectors or party allies. Some business associations or business leaders promote themselves by rebranding their activities through clustering discourse. Academic entrepreneurs see clustering as a fast track to research commercialization and so on. However, little attention has been paid to the actual practice of finding business partners and the evolution of productive partnerships that later institutionalize into sustainable organizational networks. This paper presents the author's practical experience in nurturing and assisting Bulgarian firms' search for business or research partnerships domestically or internationally (Bankova and Yalamov 2011). It will draw on institutional knowledge (such as the ARC Fund and Enterprise Europe Network - Bulgaria) and quantitative data from national representative innovation surveys. It will be posited that cluster policies in Bulgaria are ineffective and naturally induce firms' opportunistic behaviour. Real clustering only emerges as a market response to demands of foreign companies. By examining innovation partnering, which is central to the form of business partnership leading to the establishment of clusters, it will be demonstrated that innovation in Bulgaria is rather a closed or close proximity phenomenon. In other words, innovation is driven by embedded social networks rather than institutions or clusters. This paper concludes with recommendations to the government and other national and international stakeholders as to the ways they should modify their support for SME clustering in Bulgaria.

Defence Related SME's

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Publisher : IOS Press
ISBN 13 : 9781586034085
Total Pages : 232 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Defence Related SME's by : Fernando Duarte Carvalho

Download or read book Defence Related SME's written by Fernando Duarte Carvalho and published by IOS Press. This book was released on 2004 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financing Newly Emerging Private Enterprises in Transition Economies

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Publisher : OECD Publishing
ISBN 13 : 9264180648
Total Pages : 288 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Financing Newly Emerging Private Enterprises in Transition Economies by : OECD

Download or read book Financing Newly Emerging Private Enterprises in Transition Economies written by OECD and published by OECD Publishing. This book was released on 2000-02-11 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This conference proceedings contains studies on schemes for financing new enterprises in transition economies, including credit guarantees, leasing, venture capital and capital market operations, as well as public schemes.

The European Observatory for SMEs

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Publisher :
ISBN 13 :
Total Pages : 444 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The European Observatory for SMEs by : European Observatory for SMEs

Download or read book The European Observatory for SMEs written by European Observatory for SMEs and published by . This book was released on 2000 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the background of completing the European Single Market is the observance and monitoring of small and medium-sized enterprises (SMEs). With about 20 million such businesses, employing some 117 million people, SMEs represent an economic lynchpin to the success of the Single Market concept. This 6th report, from the Observatory, and prepared by a consortium led by KPMG Consulting, focuses on the economic and financial needs of SMEs. Specific chapters look at their products and services, the recruitment and training of staff, particulary vocational training, and their access to investment. The report is concluded with the set of policy recommendations, which are aimed at strengthening the entrepreneurial culture. These recommendations include: to provide more information on public procurement to SMEs; to promote further resarch on the impact of electronic commerce on the position of SMEs.