Start of implementation Q I 1999 Q III 1999 Period of implementation 1999-2001 1999-2001 Counterpart contribution (partner banks) 20% (of the volume of sub-loans) 50% (of the volume of sub-loans) Financing, of which Financial Cooperation (FC) funds FC loan: EUR 4.35 million Complementary measure: EUR 1.5 million SEEAF: EUR 4.6 million FC loan: EUR 4.35 million Complementary measure: EUR 1.5 mil...

Abstract: The definition of innovation strategies has been widely discussed in literature. Several authors refer to the systematic exploration of critical success factors (e.g. quality, innovation ability and scale effects) as being a useful instrument for strategy development. Previous research has focused predominantly on qualitative descriptions and on setting up a general framework for crit...

Key conclusions • The emphasis on management accounting in SMEs tends to be on control information rather than aiding decision-making; there is a tendency to make decisions without adequate, or indeed any, financial information or analysis; • In smaller enterprises, the management accounting is often undertaken by the owner-manager/entrepreneur, resulting in significant opportunity costs. Where...

Starting from 2002, Wonders Information Co., Ltd., a medium-sized software company located in Shanghai, China, started building a knowledge management system that attempted to facilitate knowledge sharing between its employees. This teaching case describes how the system was conceptualized, designed, built, and used. In doing so, we wish to provide a context for in-depth discussion on designing...

The presence of exogenous global shocks due to the 2007/2008 economic and financial crisis current pandemic are deeply hampering operators' overall ability access credit. Small medium-sized enterprises start-ups most severely affected by credit rationing. This paper investigates whether bank loans in early stage a start-up's lifecycle is predictor firm's default time crisis. We ground our analy...

Variability has become important means to provide customer specific products fast to the market. This paper presents findings from a literature study and questionnaire designed to find out the current variability management practices, challenges and needs in small and medium sized companies (SMEs). The literature study was carried out first, and based on its findings questionnaire study was des...