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Adoption of New Economy Practices by SMEs in Eastern Europe

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  • Damaskopoulos, Panagiotis
  • Evgeniou, Theodoros

Abstract

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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    Citations

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    Cited by:

    1. Juan Jung & Gonzalo Gómez-Bengoechea, 2022. "A literature review on firm digitalization: drivers and impacts," Studies on the Spanish Economy eee2022-20, FEDEA.
    2. Marieme Chouki & Mohamed Talea & Chafik Okar & Razane Chroqui, 2020. "Barriers to Information Technology Adoption Within Small and Medium Enterprises: A Systematic Literature Review," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-42, February.
    3. Lal, K., 2004. "E-Business and Export Behavior: Evidence from Indian Firms," World Development, Elsevier, vol. 32(3), pages 505-517, March.
    4. Idota, Hiroki & Bunno, Teruyuki & Tsuji, Masatsugu, 2013. "Covariance structure analysis of innovation and ICT use among Japanese innovative SMEs," 24th European Regional ITS Conference, Florence 2013 88463, International Telecommunications Society (ITS).
    5. Nicolas Ameye & Jacques Bughin & Nicolas van Zeebroeck, 2024. "From experimentation to scaling: what shapes the funnel of AI adoption?," ULB Institutional Repository 2013/378623, ULB -- Universite Libre de Bruxelles.
    6. Ploypailin Kijkasiwat & Pongsutti Phuensane, 2020. "Innovation and Firm Performance: The Moderating and Mediating Roles of Firm Size and Small and Medium Enterprise Finance," JRFM, MDPI, vol. 13(5), pages 1-15, May.
    7. El-Gohary, Hatem, 2012. "Factors affecting E-Marketing adoption and implementation in tourism firms: An empirical investigation of Egyptian small tourism organisations," Tourism Management, Elsevier, vol. 33(5), pages 1256-1269.
    8. 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.
    9. Oyelaran-Oyeyinka, Banji & Lal, Kaushalesh, 2004. "Sectoral Pattern of E-business Adoption in Developing Countries," UNU-INTECH Discussion Paper Series 2004-07, United Nations University - INTECH.

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