Special Issue "Determinants of Functioning and Sustainable Growth of Small and Medium-Sized Enterprises from the Regional and International Perspectives"

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: 31 December 2020.

Special Issue Editor

Prof. Dr. Danuta Zawadzka
Guest Editor
Faculty of Economics, Department of Finance, Koszalin University of Technology, Poland
Interests: corporate finances

Special Issue Information

Dear Colleagues,

Small and medium-sized enterprises play a very important role in the economy [1]. They represent about 99% of all enterprises in the OECD area [2]. They have a positive effect, among others, on the dynamics of economic development [3] and creating new jobs [4]. These companies complement the market in the production of goods and services and stimulate the local economy [5]. Entities from the SME sector are characterized by a specific potential (demographic, capital, infrastructural, and social), which comprises a set of resources determining their financial and investment decisions. Financial and economic results achieved by this group of entities depend on the effectiveness of using this potential. The development of enterprises from the SME sector is determined by many factors; however, access to financing sources is considered one of the most crucial ones. [6] [7].

The purpose of this Special Issue is to present the results of research on the functioning and sustainable development of micro, small, and medium-sized enterprises, with particular emphasis on the folllowing: sources of financing, processes, and directions of innovation and the effectiveness of utilizing production factors in micro, small, and medium-sized enterprises. The thematic scope of this Special Issue will primarily cover the following issues:

  1. Instruments to support the SME sector
  2. Financial market in the financial and investment policy of the SME sector
  3. Macroeconomic determinants of the development of the SME sector
  4. Strategies for creating and developing SMEs
  5. Information and evaluation systems in the SME sector
  6. Risk management in enterprises from the SME sector
  7. Cross-border cooperation in the SME sector
  8. Innovation management in enterprises from the SME sector
  9. Craftsman and farm owner as micro-entrepreneurs
  10. Economics of agricultural enterprises
  11. SMEs in the concept of smart specialization in regional development
  12. Logistics systems in the SME sector
  13. The effects of the pandemic on the development of SMEs

The topicality and importance of the indicated research issues mean that research results presented in the Special Issue will be able to constitute, among others, an important source of information for institutions interested in supporting the development of micro, small, and medium-sized enterprises from both the regional and international perspectives.


[1] Neagu, C. (2016), The importance and role of small and medium-sized businesses. Theoretical and Applied Economics, 331-338.

[2] OECD (2019), OECD SME and Entrepreneurship Outlook 2019, OECD Publishing, Paris.

[3] Obi, J., Ibidunni, A.S., Tolulope, A., Olokundun, M.A., Amaihian, A.S., Borishade, T.T. and Fred, P. (2018), Contribution of small and medium enterprises to economic development: evidence from a transiting economy. Data Brief 18, 835–839.

[4] Elkhalek, D.A. (2019), SMEs ' Contribution to Sustainable Development ; an Applied Study Focusing on OECD Countries. IOSR Journal of Economics and Finance, 10(1), 69-78.

[5] Dominak, P. (2005), Sektor MSP we współczesnej gospodarce, WN PWN, Warsaw.

[6] Bakhtiari, S., Breunig, R.V., Magnani, L. and Zhang, J., Financial Constraints and Small and Medium Enterprises: A Review. IZA Discussion Paper, 12936.

[7] Peci, F., and Shabani, H. (2020), Determinants Of Sme Finance: Lessons From Kosovo. Knowledge International Journal, 36(1), 37 - 42.

Prof. Dr. Danuta Zawadzka
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.


  • SME
  • sources of financing
  • financial market
  • instruments to support the SME sector
  • risk management
  • determinants of sustainable growth
  • innovation
  • creating and developing SMEs
  • craftsman
  • farm owner
  • agricultural enterprises
  • information and evaluation systems
  • cross-border cooperation
  • effects of the pandemic on SMEs sector
  • logistic systems
  • smart specialization

Published Papers

This special issue is now open for submission.
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