The purpose of this study is to compare SME family firms' and non-family firms' organisational prerequisites for international business operations. The main focus lies in the production and marketing capabilities needed for conducting international business. A quantitative study was conducted in...

This paper provides evidence on ethnic differences in bank debt financing among small Swedish firms at the start-up stage. The empirical analysis is carried out on a sample of small firms consisting of 2,814 native- and immigrant-owned firms for year 2008. The method of binary logistic...

The one-month confinement (or doing the month, DM) for post-partum women is a tradition that has been practiced for millennia in Chinese society. Tedious preparations and numerous procedures of DM incur high transaction costs when purchasing the service from the market. To assure the practice of...

Institutional theory-based studies on firms from developed economies entering emerging economies are helpful to evidence the impact of both formal and informal institutions elements on the strategies of foreign entrants. However, the number of theoretical and empirical studies using an...

This paper reviews, summarises and ranks the constraints faced by entrepreneurs in developing countries, from an entrepreneur's perspective at a macro level. Given that, developing countries face resource constraints for creation of favourable policy environment for entrepreneurs, the policy...

In the actual scenario characterised by new and ever-changing dynamics of the global market, firms need to quickly and timely anticipate competitors' next moves, monitor market tastes, adapt their products and properly communicate their positioning. The history of many luxury brands is linked to...

Modern enterprises must be able to adapt to dynamic changes, which take place in their business environment. Such changes result from the expansion of modern technologies introduced in enterprises and adopted and regularly used by buyers. These technologies have significantly changed the way...

This article investigates the role of company's core competences in increasing product value for customers. The conceptual model included the steps of managing a company's core competences confirms that developing core competences makes company's products more valuable for its customers and thus...