Search Results (51)

As we move toward a more digitalized and interconnected world, new cybersecurity challenges emerge. While most related research has focused on large companies, this study aims to fill a gap in the literature by exploring cybersecurity issues in small and medium-sized enterprises (SMEs), particularly in relation to nontechnical, soft-skill, and intellectual capital aspects. This study examines the interplay between cybersecurity awareness and perception and ownership structure in SMEs in the Silesian region of Poland. Unlike the majority of cybersecurity literature, our focus is on how ownership structure influences cybersecurity perception. We surveyed 200 SMEs at random within the respective region and utilized hierarchical and simple linear regression analyses to assess the relationships between these factors and financial performance. Our results indicate that larger enterprises and those without a family-owned structure exhibit significantly greater levels of cybersecurity. Additionally, we found a positive correlation between cybersecurity and a firm’s financial performance and overall health. These findings underscore the importance of cybersecurity awareness and practices for the growth and stability of SMEs. Full article

This study explores how small family wineries in the Croatian Split-Dalmatia County integrate social media into their marketing and business strategies, focusing on the interplay between tradition, family identity, and digital innovation. Utilising a qualitative methodology, semi-structured interviews were conducted with winery owners to explore their use of social media platforms, their sales and distribution strategies, and their perceptions of Croatia’s EU membership. The results show that social media, particularly Facebook and Instagram, serve as highly personalised, low-cost marketing tools, predominantly managed by younger family members and used to convey authenticity, family heritage, and local identity. Despite limited resources and professional marketing expertise, these wineries take an intuitive, do-it-yourself approach and rely on direct customer relationships, storytelling, and experiential offerings to drive loyalty. While EU membership is generally seen as beneficial for tourism and funding opportunities, bureaucratic complexity remains a significant obstacle. This study highlights the importance of leveraging cultural heritage for digital content and emphasises the need for targeted policy support to improve digital competencies and reduce administrative barriers. These findings contribute to a deeper understanding of how family-run SMEs can gain and sustain competitive advantage by blending tradition with digital marketing practices in a rapidly evolving business environment. Full article

Research background: Modern enterprises operate in conditions of very dynamic changes, where the increasing complexity of the environment affects their ability to achieve their assumed organizational goals. These goals are extremely important in the context of the current functioning of the enterprise, as well as in moving towards sustainable economic development. Functioning in this era of unpredictability and turbulence is a significant challenge not only in the context of the current activities of business entities, but especially for their development. An important element in the aspect of development is the ability to recognize and identify development factors that may directly and/or indirectly affect the results of the activities or projects that are undertaken. In this context, undertaking research on development factors during the COVID-19 pandemic (referred to in the literature as a time of crisis in global economies) seems to be fully justified, and the adoption of comparative periods, i.e., before and during the pandemic, has cognitive value. This value also refers to the possibility of recognizing the conditions needed for the strategic management of the enterprise in the context of a transformation towards sustainable development goals. The authors of the study point to the research gap related to the lack of in-depth and multifaceted research on the factors in the development of family businesses in the SME sector. Purpose of the article: The purpose of the paper is to analyze and assess the development factors of family businesses in the SME sector in Poland during two periods, namely 2018–2019 (two years before the COVID-19 pandemic) and 2020–2021 (two years in the COVID-19 pandemic period). Methods: To achieve this aim, a comparative analysis of the performance of family businesses in the SME sector was carried out based on the author’s own data. These data were obtained through surveys (CAPI method) carried out among micro-, small-, and medium-sized family enterprises in the Masovian Voivodeship in Poland, taking into account the two research periods indicated above. Statistical methods were also used in the data analysis. The average values of the assessments of the importance of groups of development factors for the development of the enterprise were analyzed using an analysis of variance with repeated measures in a mixed model, because the average assessments were determined on an interval scale. Tests of between-subject effects made it possible to compare enterprises of different sizes, and tests of within-subject effects and tests of interactive effects made it possible to compare two time perspectives. Findings and value added: The findings of this study contribute to the literature on family businesses in the SME sector and the factors in their development. The implementation of this publication contributed to filling the revealed research gap, as well as solving the formulated research problem, along with verifying the research hypotheses formulated in the work. Based on the research conducted, the main determinants of development in family enterprises in the SME sector were identified, taking into account both individual factors and groups of factors. The conducted research allowed us to show the similarities and differences both between the individual size classes of these enterprises and between the research periods. The added value of the empirical research conducted refers to the identification of factors for the development of family enterprises in the SME sector, their comparison in terms of the size classes of these entities, and the comparison of their importance in economically and socially diverse research periods, i.e., before and during the COVID-19 pandemic. It should be emphasized that while the literature on the subject presents research in this area in relation to family enterprises in general, research on these family units belonging to the SME sector, along with their division into size classes, is much less common. The implementation of the research is, therefore, an important contribution to the development of the broadly understood science of the development of family enterprises, showing the importance of groups of factors in their development in light of the changing conditions of the modern economy in the individual size classes of these entities. Full article

This paper aims to provide small- and medium-sized enterprises (SMEs) owned by families with a simple, achievable technical methodology for the assessment of sustainable mobility alternatives, in particular, the purchase of electric vehicles (EVs) and photovoltaic (PV) systems. By adopting a comprehensive comparative analysis approach, this research aims to empower SMEs to make highly informed decisions concerning the choice of vehicles and energy systems that provide strategic and sustainable value. Based on a quantitative analysis linked to the total costs over ten years, and considering the different types of vehicles (electric, hybrid, and combustion) and the integration of PV systems, practical formulas are used to calculate the total cost of ownership (TCO), energy consumption, and CO₂ emissions. The results show that adopting electric vehicles, especially those complemented by photovoltaic systems with storage for night-time charging, can significantly reduce operating costs and carbon emissions, generating economic and environmental value. This study provides an accessible and applicable approach to the context of family SMEs, facilitating the analysis and choice of mobility options based on simple and commercially available data. By focusing on value creation through informed and strategic decisions, this work offers a relevant contribution to the competitiveness and sustainability of SMEs, promoting the adoption of sustainable mobility technologies in an integrated and effective manner. Full article

This paper investigates the firm-level determinants of debt policy in private family SMEs. It employs a comparative analysis of two sub-samples of family and non-family SMEs using panel data from 200 Moroccan SMEs over the period from 2018 to 2022. The findings reveal that family SMEs adopt a conservative financing strategy, maintaining lower debt levels compared to their non-family counterparts. This conservative approach appears to be driven by risk considerations related to bankruptcy costs associated with higher debt levels. Indeed, the results show that the financing behaviors of family SMEs align more closely with pecking order theory than trade-off theory. Furthermore, the study suggests that the financing behavior of family SMEs differs slightly from that of non-family SMEs, but this difference is not resistant to changes in debt measures. This study makes several contributions to the literature. First, it identifies the key determinants of debt policy among family SMEs, offering insights into the distinctive financing strategies employed by these firms. Second, it offers evidence supporting the relevance of capital structure theories in explaining the financing decisions of family firms within the context of developing economies. In addition, the study’s findings have practical implications insofar as they can guide policymakers and banking stakeholders, especially those in bank-based economies where debt is the primary financing option for SMEs, in conceiving adapted financing options that align with the characteristics of family firms, thereby fostering their growth and, consequently, the economy’s development. Full article

MYB transcription factors (TFs) represent one of the largest gene families in plants, and previous studies have demonstrated their involvement in regulating anthocyanin synthesis. Eggplant is an important anthocyanin-rich solanaceae vegetable crop. In this study, a total of 219 MYB gene-family members were identified using the complete and high-quality eggplant genome, comprising 105 1R-MYBs, 107 R2R3-MYBs, 5 3R-MYBs, and 2 4R-MYBs. Using phylogenetic analysis, we divided them into 33 subfamilies. Members of the SmeMYB gene family are unevenly distributed on 12 chromosomes, but are mainly concentrated at the upper and lower ends of the chromosomes. In addition, the expression levels of R2R3-MYBs in differently colored eggplant tissues (peel, calyx, stem, flower, and leaf) were investigated with RNA-seq (RNA sequencing). A total of 13 differentially expressed R2R3-MYB transcription factors related to the synthesis of anthocyanins in different eggplant tissues were screened out. SmeMYB110, SmeMYB175, and SmeMYB182 were also found to play significant roles in this process. Furthermore, 10 MYB TFs were identified as potential genes regulating anthocyanin synthesis in different tissues. The quantitative real-time PCR (qRT-PCR) analysis results showed that SmeMYB175 was regarded as the most likely key transcription factor regulating anthocyanin synthesis in calyx. These results not only deepen our understanding of the MYB gene family in eggplant but also lay a solid foundation for further research on the regulation of SmeR2R3-MYBs in anthocyanin synthesis across diverse eggplant tissues. Full article

Entrepreneurship is considered one of the key factors in facilitating a company’s pursuit of sustainable development. The findings of this study can help firms improve their entrepreneurial capacity and highlight its significance for sustainable development; therefore, the levels of entrepreneurship serve as indicators of the potentials of enterprises to achieve sustainable development goals. The existing literature has explored whether there are differences in the approaches between family and non-family firms as well as in their levels of entrepreneurship. Contributing to this ongoing debate, this article aims to compare the levels of entrepreneurship between these two types of companies in a selected small and medium-sized enterprise (SME) sector. The analysis encompasses eight dimensions of entrepreneurship: risk-taking, innovativeness, proactiveness, inter-organizational cooperation, competitiveness, diversification, flexibility, and digitalization. This study was conducted on a sample of 145 small printing companies that operated in Poland in 2023. The results of the statistical analysis revealed that family firms exhibited a higher level of entrepreneurship when treated as a multidimensional construct. Moreover, family firms outperformed non-family firms across all of the analyzed dimensions, with statistically significant differences being observed in four dimensions: innovativeness, proactiveness, diversification, and competitiveness. This study confirmed the existing indications in the literature that family firms demonstrated higher levels of entrepreneurship, which may suggest their greater potential in pursuing sustainable development. The novelty of this research lies in its multidimensional approach, which offers a comprehensive analysis that integrates eight dimensions of entrepreneurship. This allowed for a deeper understanding of entrepreneurial behaviors and attitudes when highlighting the unique characteristics of family and non-family firms. The findings are particularly relevant for the owners and managers of family and non-family businesses; they provide tools for diagnosing entrepreneurship levels in a more comprehensive manner and applying tailored management practices for addressing areas that require improvement. One limitation of this study is its focus on a single sector; this may have affected the generalizability of the results. Future research could explore governance and ownership structures when analyzing entrepreneurial dimensions—particularly in the context of family firms. Full article

This paper investigates the key drivers influencing the internationalization of agricultural small and medium-sized enterprises (agri-SMEs) in Latin America, with a particular emphasis on the role of social and ethnic networks. Focusing on Argentina, Brazil, and Chile—three of the region’s largest agricultural economies—this study examines how familial and cultural connections between descendants of European immigrants and European entrepreneurs facilitate the global expansion of agri-SMEs. Using a cross-sectional quantitative analysis, data from agri-SME managers reveal the importance of these networks in reducing market entry barriers by providing insider knowledge of foreign markets, regulatory conditions, and potential business partnerships. The findings demonstrate that ethnic networks significantly reduce market entry barriers, providing Latin American agri-SMEs access to essential insider knowledge on foreign markets and local regulations, thereby facilitating internationalization. Additionally, agri-SMEs that leverage these networks are better positioned to meet growing global demands for sustainable, traceable food products, gaining a competitive advantage in international markets. The strength and frequency of interactions within ethnic networks are positively correlated with the degree of internationalization, highlighting the importance of social capital in overcoming operational challenges. This paper contributes to the literature by highlighting the underexplored role of ethnic networks in shaping the international marketing strategies of agricultural firms and their capacity to adapt to evolving consumer behaviors. The study offers practical insights for supporting the global integration of agri-SMEs in Latin America, addressing both operational challenges and the increasing need for sustainable food production practices. Full article

Large proportions of small and medium-sized enterprises (SMEs) are family controlled and play an important role not only in the development of many national economies, but also have great potential to reduce negative effects of human activities on the natural environment and society. This important role of family SMEs has been recognized by the European Union (EU) which has integrated them in its legislative frameworks. The main question addressed in our research is whether family SMEs integrate sustainability concerns into their strategic and operative decisions as required by the EU legislative frameworks. We designed our research with the purpose to broaden our understanding of sustainability (re)orientation of family SMEs and fill the gap in the existing literature on family businesses’ sustainability. We applied a qualitative case study research method where sustainability (re)orientation of 26 family SMEs was explored. The qualitative content analysis was used in the process of analysing data. Theoretically and empirically based cognitions on endogenous and exogenous drivers of the family businesses’ sustainability (re)orientation were applied in interpretation of the research results. Our findings show the low level of sustainability (re)orientation of most of the investigated Slovenian family SMEs. The exogenous drivers have stronger effect on sustainability (re)orientation of family SMEs than endogenous drivers. Full article

The southeast Asian new immigrants face significant barriers in employment due to language and cultural differences, making it challenging for them to find jobs. Consequently, many southeast Asian immigrants have turned to entrepreneurship as a means to achieve economic independence and contribute to their family’s income. This study adopts entrepreneurial marketing (EM) as a theoretical lens and utilizes a process research methodology, based on sequentially ordered events, to explore the entrepreneurial journey of immigrant micro and small to medium-sized enterprises (SMEs). Employing purposive sampling, twenty-two southeast Asian immigrant entrepreneurs were selected for in-depth interviews to ensure data quality through multiple data collection methods. The research developed a dynamic adjustment model and management mechanisms for the entrepreneurial marketing of immigrant micro and SMEs. These findings not only bridge theoretical gaps in immigrant entrepreneurship strategy but also deepen the academic understanding of the dynamism in entrepreneurial marketing. Practically, the outcomes assist immigrant micro and small business entrepreneurs in developing operational strategies and serve as a reference for governmental units in crafting immigrant policies. Full article

The growing demand for intelligent systems with improved human-machine interactions has created an opportunity to develop adaptive bending structures. Interactive fibre rubber composites (IFRCs) are created using smart materials as actuators to obtain any desired application using fibre-reinforced elastomer. Shape memory alloys (SMAs) play a prominent role in the smart material family and are being used for various applications. Their diverse applications are intended for commercial and research purposes, and the need to model and analyse these application-based structures to achieve their maximum potential is of utmost importance. Many material models have been developed to characterise the behaviour of SMAs. However, there are very few commercially developed finite element models that can predict their behaviour. One such model is the Souza and Auricchio (SA) SMA material model incorporated in ANSYS, with the ability to solve for both shape memory effect (SME) and superelasticity (SE) but with a limitation of considering pre-stretch for irregularly shaped geometries. In order to address this gap, Woodworth and Kaliske (WK) developed a phenomenological constitutive SMA material model, offering the flexibility to apply pre-stretches for SMA wires with irregular profiles. This study investigates the WK SMA material model, utilizing deformations observed in IFRC structures as a reference and validating them against simulated models using the SA SMA material model. This validation process is crucial in ensuring the reliability and accuracy of the WK model, thus enhancing confidence in its application for predictive analysis in SMA-based systems. Full article

Family small and medium enterprises (FSMEs) differ from non-family SMEs regarding leadership type, human resource management practices, innovation orientation, change management, information and communication technology deployment, process maturity, and resource availability. These differences present challenges when leading any change. Process mining (PM) tools can optimize process value and eliminate non-added-value activities in FSMEs based on “Event Logs”. The present study investigates how a PM project is implemented in an FSME operating in the agri-food sector, focusing on challenges faced in every project phase to extract the most appropriate process that eliminates all sources of waste and bottleneck cases. Drawing upon the L*Lifecycle methodology combined with quality and lean management tools such as the fishbone diagram, Pareto diagram, and overall equipment efficiency (OEE), this study applied a PM project to a manufacturing process for an FSME operating in the agri-food sector. To achieve theoretical production capacity (TPC) and customer satisfaction, the method was analyzed and optimized using Disco and ProM toolkits. The results analysis using Disco and ProM toolkits gave clues about the organizational and technical causes behind the manufacturing process’s inefficiency. First, OEE showed that the studied FSME is struggling with equipment availability. Then, the implementation of the L*Lifecycle methodology allowed for the identification of five critical causes. An action plan to eliminate causes was proposed to the FSME managers. Full article

Introduction: The aim of this study was to address and enhance our ability to study the clinical outcome of limb salvage (LS), a commonly referenced but ill-defined clinical care pathway, by developing a data-driven approach for the identification of LS cases using existing medical code data to identify characteristic diagnoses and procedures, and to use that information to describe a cohort of US Service members (SMs) for further study. Methods: Diagnosis code families and inpatient procedure codes were compiled and analyzed to identify medical codes that are disparately associated with a LS surrogate population of SMs who underwent secondary amputation within a broader cohort of 3390 SMs with lower extremity trauma (AIS > 1). Subsequently, the identified codes were used to define a cohort of all SMs who underwent lower extremity LS which was compared with the opinion of a panel of military trauma surgeons. Results: The data-driven approach identified a population of n = 2018 SMs who underwent LS, representing 59.5% of the combat-related lower extremity (LE) trauma population. Validation analysis revealed 70% agreement between the data-driven approach and gold standard SME panel for the test cases studied. The Kappa statistic (κ = 0.55) indicates a moderate agreement between the data-driven approach and the expert opinion of the SME panel. The sensitivity and specificity were identified as 55.6% (expert range of 51.8–66.7%) and 87% (expert range of 73.9–91.3%), respectively. Conclusions: This approach for identifying LS cases can be utilized to enable future high-throughput retrospective analyses for studying both short- and long-term outcomes of this underserved patient population. Full article

The growing importance of family businesses in the global economy is related to the specificity of their activities, the increase in their contribution to GDP creation or providing jobs. It prompted the authors of this article to research these particular entities belonging to the small business. Considering the different economic conditions caused by the crisis of the COVID-19 pandemic, the aim of the work was to examine and identify the strategies implemented among family enterprises from the SME sector in Poland in the period immediately preceding the COVID-19 pandemic (2018–2019) and during this pandemic (2020–2021). It was achieved through analyzing the literature of the subject, development of our own research method, analyzing the results of primary research, presenting conclusions and making recommendations for science and economic practices. The authors formulated research hypotheses verified within the framework of the conducted research. The research is of a pioneering nature and was designed in such a way as to present the similarities and differences between the classes of enterprises under study (micro, small and medium-sized), as well as the research periods in terms of the development strategies applied by them. In this respect, appropriate research methods were selected. The study combined qualitative methods (critical analysis of existing explanations of the concept and essence of family enterprises; review of the literature on enterprise development in the light of Industry 4.0) with quantitative methods (analysis of the taxonomy of structures based on the similarity index of the studied structures; comparative analysis by cross-tabulation). To perform the research thus planned, the authors’ study on the systematization of development strategies in family enterprises was adopted. Implementing strategies among family enterprises in the SME sector seems to be crucial in their development. As the results show, this is of particular importance in crisis periods. The pandemic crisis was particular, and the functioning of enterprises during it was problematic. Some of them had to suspend their activities, some ceased their operations altogether, and those that survived were successful. The path leading to this success was the specific development strategies that were implemented by the family businesses in the SME sector surveyed. It is therefore worthwhile, both from an academic point of view and from a business practice point of view, to learn about these strategies. The authors have identified and described them and presented the resulting conclusions for the future. Full article

Women have a significant role in economic development in emerging economies like Malaysia through employment and business ownership. This is crucial for the family’s survival and the prosperity of local economies—especially during an economic crisis or turmoil. Even though SMEs contribute to the local economy, their long-term viability is always uncertain. On the other hand, universities are considered indispensable and requisite contributors to the survival of this SME. This study, hence, evaluates the performance of women-owned small and medium businesses in conjunction with university–industry collaboration. Based on stratified sampling, a questionnaire survey was undertaken among regional SME female owners from various industries closely located to university campuses across different states post-pandemic in June 2021. The 227 female-owned SME responses showed a strong correlation between the university’s contribution to SMEs’ revenue. The findings demonstrate the importance of university support in marketing and training to SMEs’ revenue according to women business owners. These findings accentuate the need for institutional policymakers to generate more profound knowledge and the need to keep ancillary longitudinal initiatives for sustainable business performance, especially among women, via university–industry arrangements. Full article