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In What To Invest After Surviving – The Investment Structure of Growing SMEs

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  • Urban Pauli

    (Cracow University of Economics)

Abstract

The main goal of the article is to present the research testing a model of investment structure in different phases of SMEs’ growth. The author assumed that the share and structure of investments vary in accordance with the stage of the company’s growth, and it is possible to describe the path which SMEs follow in their development. In the study based on organizations’ growth models, demand for particular resources in subsequent growth stages is presented. The model and investments structure is verified on a sample of 286 SMEs.

Suggested Citation

  • Urban Pauli, 2015. "In What To Invest After Surviving – The Investment Structure of Growing SMEs," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(4), pages 93-114.
  • Handle: RePEc:aae:journl:v:11:y:2015:i:4:p:93-114
    DOI: 10.7341/20151144
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    References listed on IDEAS

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    3. Flamholtz, Eric, 1995. "Managing organizational transitions: Implications for corporate and human resource management," European Management Journal, Elsevier, vol. 13(1), pages 39-51, March.
    4. Flamholtz, Eric G. & Aksehirli, Zeynep, 2000. "Organizational success and failure:: an empirical test of a holistic model," European Management Journal, Elsevier, vol. 18(5), pages 488-498, October.
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    Cited by:

    1. Marta Gancarczyk & Jon Mikel Zabala Iturriagagoitia, 2015. "The Process of the Growth of Small and Medium-Sized Enterprises (SMEs)," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(4), pages 3-24.

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