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Challenges and Opportunities for the Bulgarian Industrial SMEs Operating as Subcontractors

In: The European Entrepreneurship in the Globalizing Economy – Challenges and Opportunities. Proceedings of the International Conference, 9 – 12 September 2008, Varna, Bulgaria

Author

Listed:
  • Maria Yurukova

    (Institute for Entrepreneurship Development, University of National and World Economy, Sofia, Bulgaria)

Abstract

This paper concentrates on the specific characteristics, problems and needs of the small and medium-sized enterprises (SMEs). It focuses on subcontracting as an opportunity for the industrial SMEs to build partnerships with larger companies and reveals some benefits and threats for SMEs operating as subcontractors. The paper presents results and findings from an empirical study of 44 Bulgarian industrial SMEs-subcontractors having different types of relations with the contractors. Most of them are sewing, construction or woodworking enterprises which have developed stable relationships with the client companies. The study characterises the mechanism of interaction between participants in subcontracting chains. It outlines the main challenges and opportunities for the Bulgarian industrial SMEs that operate mainly as subcontractors.

Suggested Citation

  • Maria Yurukova, 2009. "Challenges and Opportunities for the Bulgarian Industrial SMEs Operating as Subcontractors," Conference Proceedings Chapters, in: Ken O’Neill & Kiril Todorov (ed.), The European Entrepreneurship in the Globalizing Economy – Challenges and Opportunities. Proceedings of the International Conference, 9 – 12 September, edition 1, chapter 127, pages 141-156, Bulgarian Association for Management Development and Entrepreneurship.
    • Handle: RePEc:mdv:cpchap:y:2008:9
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    File URL: http://conference.bamde.org/RePEc/mdv/cpchap/2008-09.pdf
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    Cited by:

    1. Diamantino Ribeiro & Natacha Jesus-Silva & João Ribeiro, 2021. "The Multiplier Effect of European Union Funds in the Alentejo Region, Portugal, Between 2014-2020," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 7, January -.

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