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Sustainability 2015, 7(4), 4183-4198; doi:10.3390/su7044183

Leadership in Romanian Small to Medium Enterprises

1
Department of Economics and Economic Policies, Bucharest University of Economic Studies, Calea Dorobantilor 15-17, Bucharest 010552, Romania
2
Department of Management, Bucharest University of Economic Studies, Calea Dorobantilor 15-17, Bucharest 010552, Romania
3
Department of Business Administration, Bucharest University of Economic Studies, Calea Dorobantilor 15-17, Bucharest 010552, Romania
4
Institute of Space Science (ISS), 409 Atomistilor Street, Bucharest-Magurele 077125, Romania
*
Author to whom correspondence should be addressed.
Academic Editors: Marc A. Rosen and Popescu Gheorghe
Received: 28 November 2014 / Revised: 11 March 2015 / Accepted: 20 March 2015 / Published: 10 April 2015
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Abstract

We have conducted a broad statistical research on Romanian small to medium enterprises (SMEs), with the goal of better understanding: (1) the incipient organizational culture of a recently-opened East European market; and (2) the role of leadership in increasing the competitiveness of SMEs. The paper studies the perceived characteristics of a leader and their influence on the organization’s results (as seen by employees), and it tries to reveal the subliminal inter-correlations among these characteristics. The method is factor analysis (implemented in SPSS), for a questionnaire with 23 items, answered by 930 subjects on a five-point Likert scale. The six factors identified by our analysis were: adaptability; cooperation; authority; charisma; confidence; motivation. By highlighting these basic components, our study aims both at increasing competitiveness in Romanian enterprises and at designing better training programs for managers and entrepreneurs acting on East European markets, adapted to the real characteristics of these young economic environments. View Full-Text
Keywords: knowledge leadership; entrepreneurship; SMEs; factor analysis knowledge leadership; entrepreneurship; SMEs; factor analysis
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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MDPI and ACS Style

Crăciun, L.; Năstase, M.; Stamule, T.; Vizitiu, C. Leadership in Romanian Small to Medium Enterprises. Sustainability 2015, 7, 4183-4198.

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