SMEs are significant job creators and drivers of innovation and competition in most economic sectors. Furthermore, the traditional constraints of small and medium enterprises, such as geographic operations, are now being dissolved by technological developments. This means that there are new opportunities for SMEs, and their fundamental principles are being redefined: the aims, competencies, strategy, management, practice, and scope of these businesses are changing, with wide-ranging implications.

This is the second part of a two volume work that incorporates scientific chapters on SME business theory and practice. Authors provide a balanced perspective of the present and future of SMEs across all business disciplines, for example management, strategy, marketing, economics and finance. While Volume I focuses on the individual SME and internal issues such as innovation, quality, and digitization, this second volume explores external issues such as contextual forces, the effectsof the financial crisis, and macro-economic effects.

Autorentext

Alkis Thrassou is Professor in the School of Business at the University of Nicosia, Cyprus, and a Senior Research Fellow of the EuroMed Academy of Business (EMAB). He has undertaken significant research in the fields of strategic marketing, management and customer behaviour.

Demetris Vrontis is Professor and Vice Rector for Faculty and Research at the University of Nicosia in Cyprus, as well the Editor-in-Chief of the EuroMed Journal of Business (EMJB) and the President of the EuroMed Research Business Institute (EMRBI).

Yaakov Weber is Professor and Director of the Research Unit, School of Business Administration, College of Management, Israel. He is the Founder and President of EMRBI and EMAB.

S. M. Riad Shams is Lecturer at the Newcastle Business School, Northumbria University, UK. He has published eight edited books, contributed articles to top-tier international journals, guest-edited for various reputed journals, and he is the founding editor of the International Journal of Big Data Management.

Evangelos Tsoukatos teaches Management at the University of Applied Sciences Crete, Greece, and is adjunct faculty at the University of Nicosia and the Hellenic Open University. He is Associate Editor of EMJB.

Inhalt

1. Editorial Introduction 1/2 The Changing Landscape of SMEs in Global Business

2. Financial Crisis' Effects on SMEs: an Assessment of Decade of Bankruptcies

Pereira, José (ES*G, IPCA-Polytechnic Institute of Cávado and Ave, Barcelos, Portugal)*

Ribeiro, Humberto (*GOVCOPP, ESTGA, University of Aveiro, Aveiro, Portugal)***

Silva, Amélia (*CEOS.PP, Polytechnic of Porto/ISCAP, Porto, Portugal)***

Alves, Sandra (CIC.Digital; ESTG, Polytechnic Institute of Leiria, Leiria, Portugal)

2. Business in a Foreign Country: an Evolutionary Approach to Opportunities and Challenges Faced by Immigrant Entrepreneurs and their SMEs

.Ozgur OZMEN

(Nevsehir University, Turkey)

Raluca Mariana GROSU (The Bucharest University of Economic Studies, Romania)

3. Contextual (R)Evolutions of the SME Environment Rising Opportunities and Threats (Provisional Topic)

Alkis Thrassou (Ed.) et al

4. The changing environment and the role of SMEs in electricity and gas markets

Felicetta Iovino

(University of Sannio, Italy)

EU Public Procurement and SMEs

Antonis Maniatis

What is an SME? A problem still open

Stefano Montanari

Ulpiana Kocollari

Financing of innovation in small and medium enterprises in Poland.

Tomasz Kusio

Barbara Siuta-Tokarska

(Cracow University of Economics, Collegium of Management and Quality)**

• Indigenous entrepreneurs and entrepreneurial co-creation: A stakeholder causal scope analysis for capacity building and competitive advantage

  Riad Shams

  The role of SMEs in local economies: the case of Transylvanian Plateau wine cluster

  Valentin Cojanu

Liane Tancelov

(Bucharest University of Economic Studies)

The Relationship between SMEs, Industry 4.0 and Sustainable Development: constraints across global economy

Belyaeva Zh.S.

Lopatkova Y.A.

The Changing Landscape of Real Estate & Development SMEs (Provisional Topic)

Alkis Thrassou (Ed.) et al.