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Adoption of New Economy Practices by SMEs in Eastern Europe


  • Damaskopoulos, Panagiotis
  • Evgeniou, Theodoros


We study the key drivers of adoption of e-business practices by small and medium-sized enterprises (SMEs) in Eastern Europe. We discuss the results of a survey of over 900 SME managers in four Eastern European countries and Cyprus. The survey was built on the basis of a framework for studying the adoption of new economy practices that captures the dynamic interrelationships between technological transformations, firms' organisational and knowledge-creating capabilities, emerging market and industry structures, and public institutions and regulatory frameworks. Based on the framework and the survey results, we offer some reflections on new economy practices adoption.

Suggested Citation

  • Damaskopoulos, Panagiotis & Evgeniou, Theodoros, 2003. "Adoption of New Economy Practices by SMEs in Eastern Europe," European Management Journal, Elsevier, vol. 21(2), pages 133-145, April.
  • Handle: RePEc:eee:eurman:v:21:y:2003:i:2:p:133-145

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    References listed on IDEAS

    1. Eric von Hippel, 1994. ""Sticky Information" and the Locus of Problem Solving: Implications for Innovation," Management Science, INFORMS, vol. 40(4), pages 429-439, April.
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    Cited by:

    1. Lal, K., 2004. "E-Business and Export Behavior: Evidence from Indian Firms," World Development, Elsevier, vol. 32(3), pages 505-517, March.
    2. repec:eee:touman:v:33:y:2012:i:5:p:1256-1269 is not listed on IDEAS
    3. Plumb Ion & Zamfir Andreea, 2008. "Use Of Ict In Smes Management Within The Sector Of Services," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 4(1), pages 481-487, May.
    4. Oyelaran-Oyeyinka, Banji & Lal, Kaushalesh, 2004. "Sectoral Pattern of E-business Adoption in Developing Countries," UNU-INTECH Discussion Paper Series 07, United Nations University - INTECH.


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