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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2018-11-15  |  Accepted: 2019-04-05  |  Published: 2019-06-30

Title

Selected risks perceived by SMEs related to sustainable entrepreneurship in case of engagement into cluster cooperation


Abstract

Small and medium enterprises carry out their activities in a dynamic environment that is affected by various processes that also impact their sustainability. The future has the companies that are able to respond promptly to the challenges and are able to exploit opportunities sufficiently. One form of modern entrepreneurship that could help SMEs' sustainability in this environment is the cluster cooperation. This form of entrepreneurship brings many positive effects, but is also affected by various risks. The main aim of this study is to assess the perception of selected business risks that have an impact on SMEs' engagement into cluster cooperation. Using the questionnaire surveys of 1004 SMEs the perception was evaluated with emphasis on the differences between micro-small- and medium sized enterprises. From the data obtained, the tendencies are exposed through the evaluation of following risk categories such as: Market risks, Relation risks, Common resources risks, Operational risks, and Competency risks being assigned by a particular risk indicator afterwards. The final evaluation being made upon all respondents’ answers analysis has confirmed that the competition risk turned out to be the most important risk indicator.


Keywords

cluster cooperation, small and medium enterprises, risk


JEL classifications

G32 , L14 , C12


URI

http://jssidoi.org/jesi/article/312


DOI


Pages

1680-1693


Funding

This research was supported by the project, which has received funding from the Ministry of Education of the Slovak Republic and of Slovak Academy of Sciences with title Risk management of SMEs in the context of clusters' involvement activities in the Slovak Republic, reg. Nr. VEGA [1/0918/16].

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Havierniková, Katarína
Alexander Dubček University of Trenčín, Trenčín, Slovakia https://tnuni.sk
Articles by this author in: CrossRef |  Google Scholar

Kordoš, Marcel
Alexander Dubček University of Trenčín, Trenčín, Slovakia https://tnuni.sk
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

6


Number

4


Issue date

June 2019


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 4539  |  PDF downloads: 1832

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