IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v6y2019i4p1680-1693.html
   My bibliography  Save this article

Selected risks perceived by SMEs related to sustainable entrepreneurship in case of engagement into cluster cooperation

Author

Listed:
  • Katarína Havierniková

    (Alexander Dubček University of Trenčín, Slovakia)

  • Marcel Kordoš

    (Alexander Dubček University of Trenčín, Slovakia)

Abstract

Small and medium enterprises carry out their activities in a dynamic environment that is affected by various processes that also impact their sustainability. The future has the companies that are able to respond promptly to the challenges and are able to exploit opportunities sufficiently. One form of modern entrepreneurship that could help SMEs' sustainability in this environment is the cluster cooperation. This form of entrepreneurship brings many positive effects, but is also affected by various risks. The main aim of this study is to assess the perception of selected business risks that have an impact on SMEs' engagement into cluster cooperation. Using the questionnaire surveys of 1004 SMEs the perception was evaluated with emphasis on the differences between micro-small- and medium sized enterprises. From the data obtained, the tendencies are exposed through the evaluation of following risk categories such as: Market risks, Relation risks, Common resources risks, Operational risks, and Competency risks being assigned by a particular risk indicator afterwards. The final evaluation being made upon all respondents’ answers analysis has confirmed that the competition risk turned out to be the most important risk indicator.

Suggested Citation

  • Katarína Havierniková & Marcel Kordoš, 2019. "Selected risks perceived by SMEs related to sustainable entrepreneurship in case of engagement into cluster cooperation," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1680-1693, June.
    • Handle: RePEc:ssi:jouesi:v:6:y:2019:i:4:p:1680-1693
    DOI: 10.9770/jesi.2019.6.4(9)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/24/Haviernikova_Selected_risks_perceived_by_SMEs_related_to_sustainable_entrepreneurship_in_case_of_engagement_into_cluster_cooperation.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/jesi/article/312
    Download Restriction: no
    File URL: https://libkey.io/10.9770/jesi.2019.6.4(9)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Josef Taušer & Markéta Arltová & Pavel Žamberský, 2015. "Czech Exports and German GDP: A Closer Look," Prague Economic Papers, Prague University of Economics and Business, vol. 2015(1), pages 17-37.
    2. David Newlands, 2003. "Competition and Cooperation in Industrial Clusters: The Implications for Public Policy," European Planning Studies, Taylor & Francis Journals, vol. 11(5), pages 521-532, July.
    3. Eva Maria Falkner & Martin R.W. Hiebl, 2015. "Risk management in SMEs: a systematic review of available evidence," Journal of Risk Finance, Emerald Group Publishing, vol. 16(2), pages 122-144, March.
    4. Silvia Lorincová, 2018. "Human Resource And Corporate Culture: Gender-Based Differences In The Assessment," Central European Journal of Labour Law and Personnel Management, Labour Law Association, vol. 1(1).
    5. Sergejs Hilkevics & Valentina Semakina, 2019. "The classification and comparison of business ratios analysis methods," Post-Print hal-02115236, HAL.
    6. Alena V. Fomina & Oksana N. Berduygina & Alexander A. Shatsky, 2018. "Industrial cooperation and its influence on sustainable economic growth," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 467-479, March.
    7. Jana Žuľová & Marek Švec & Adam Madleňák, 2018. "Personality Aspects Of The Employee And Their Exploration From The Gdpr Perspective," Central European Journal of Labour Law and Personnel Management, Labour Law Association, vol. 1(1).
    8. repec:ssi:jouesi:v:1:y:2019:i:1:p:48-57 is not listed on IDEAS
    9. Alena V. Fomina & Oksana N. Berduygina & Alexander A. Shatsky, 2018. "Industrial cooperation and its influence on sustainable economic growth," Post-Print hal-01773578, HAL.
    10. Sergejs Hilkevics & Valentina Semakina, 2019. "The classification and comparison of business ratios analysis methods," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(1), pages 48-57, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yingfei Yang & Yingfei Yang & Michal Fabuš & Ki-Hyung Bae & Mengze Zhang, 2020. "A diamond model based analysis for improving the sustainable competitiveness in educational exports by Chinese colleges and universities," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1858-1871, March.
    2. Jan Dvorsky & Ludmila Kozubikova & Aleksandr Kljucnikov & Eva Ivanova, 2022. "Owners vs. Managers. Disparities of Attitudes on the Business Risk in SME Segment," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(59), pages 174-174.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Natalya Pavlovna Vinogradova & Alexander Nikolaevich Popov, 2019. "Methodological basis of economic decision-making," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1798-1806, June.
    2. Jindamas Sutthichaimethee & Kuskana Kubaha, 2018. "The Relationship of Causal Factors Affecting the Future Equilibrium Change of Total Final Energy Consumption in Thailand’s Construction Sector under a Sustainable Development Goal: Enriching the SE-VA," Resources, MDPI, vol. 8(1), pages 1-18, December.
    3. Anis Ali, 2020. "Financial performance, disparity, and trend of petrochemicals sector of Saudi Arabia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 809-824, September.
    4. Natalia A. Prodanova & Natalia V. Savina & Vadim A. Dikikh & Yulianna I. Enina & Olga Yurievna Voronkova & Vladimir V. Nosov & Vladimir V. Nosov, 2020. "Features of the coherent presentation of information in order to prepare integrated corporate reporting," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2227-2281, March.
    5. Aksana A. Turgaeva & Liudmila V. Kashirskaya & Yulia A. Zurnadzhyants & Olga A. Latysheva & Irina V. Pustokhina & Andrei V. Sevbitov, 2020. "Assessment of the financial security of insurance companies in the organization of internal control," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2243-2254, March.
    6. Olga Lingaitienė & Juozas Merkevičius & Vida Davidavičienė, 2021. "The Model of Vehicle and Route Selection for Energy Saving," Sustainability, MDPI, vol. 13(8), pages 1-20, April.
    7. Miloš Hitka & Alžbeta Kucharčíková & Peter Štarchoň & Žaneta Balážová & Michal Lukáč & Zdenko Stacho, 2019. "Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management," Sustainability, MDPI, vol. 11(18), pages 1-18, September.
    8. Weiwei Liu & Jianing Yang, 2018. "The Evolutionary Game Theoretic Analysis for Sustainable Cooperation Relationship of Collaborative Innovation Network in Strategic Emerging Industries," Sustainability, MDPI, vol. 10(12), pages 1-16, December.
    9. Anna VORONTSOVA & Tetiana VASYLIEVA. & Yuriy BILAN & Grzegorz OSTASZ & Tetyana MAYBORODA, 2020. "The Influence Of State Regulation Of Education For Achieving The Sustainable Development Goals: Case Study Of Central And Eastern European Countries," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2020(34), pages 6-26, June.
    10. Aleksandr M. Batkovskiy & Aleksandr V. Leonov & Aleksey Yu. Pronin & Elena G. Semenova & Alena V. Fomina & Viktor M. Balashov, 2019. "Sustainable development of Industry 4.0: the case of high-tech products system design," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 1823-1838, June.
    11. Antonín Korauš & Michal Mazák & Ján Dobrovič, 2018. "Quantitative analysis of the competitiveness of Benelux countries," Post-Print hal-01860140, HAL.
    12. Elena Oleinik & Alyona Zakharova, 2019. "City: economic growth and social attractiveness issues," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 454-470, September.
    13. O. Karasev & A. Beloshitsky & S. Trostyansky & A. Krivtsova & V.N. Valerievna, 2018. "Development of National Innovation Systems in Developed Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 701-712.
    14. Gefu Liang & Dajia Yu & Lifei Ke, 2021. "An Empirical Study on Dynamic Evolution of Industrial Structure and Green Economic Growth—Based on Data from China’s Underdeveloped Areas," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
    15. Veronika Yu. Chernova & Veronika Yu. Chernova & Alexander M. Zobov & Ekaterina A. Degtereva & Vasily S. Starostin & Inna V. Andronova, 2020. "Sustainable economy: evaluation of food self-sufficiency in Russia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1541-1554, March.
    16. Antonín Korauš & Michal Mazák & Ján Dobrovič, 2018. "Quantitative analysis of the competitiveness of Benelux countries," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(4), pages 1069-1083, June.
    17. Jolanta Sabaitytė & Vida Davidavičienė & Gerard Frederick Van Kleef, 2020. "The Peculiarities of Low-Cost Carrier Development in Europe," Energies, MDPI, vol. 13(3), pages 1-19, February.
    18. Liudmila V. Kashirskaya & Alexey A. Sitnov & Dilmurod Аsh. Davlatzoda & Tatiana M. Vorozheykina, 2020. "Knowledge audit as a key tool for business research in the information society," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2299-2319, March.
    19. Piotr Trąpczyński & Łukasz Puślecki & Michał Staszków, 2018. "Determinants of Innovation Cooperation Performance: What Do We Know and What Should We Know?," Sustainability, MDPI, vol. 10(12), pages 1-32, November.
    20. Wenjian Li & Yang Zhang & Yuanyuan Wu & Xue Han & Benhai Guo & Gang Xie, 2021. "Enterprise Reciprocity and Risk Preferences and the Sustainable Cooperation of Innovation Activities in Industrial Parks," Sustainability, MDPI, vol. 13(17), pages 1-22, August.

    More about this item

    Keywords

    cluster cooperation; small and medium enterprises; risk;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:6:y:2019:i:4:p:1680-1693. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.