Bridging the gap between knowledge institutions (especially universities) and small and medium-sized enterprises (SMEs) is one of the challenges of present economic policy. Innovation is one important aspect of this policy. However, the characteristics of both universities and SMEs appear to be an obstacle in bridging the gap between these two groups. In particular, this paper aims to highlight...

The principal purpose of this review article is to discover what insights on the financial management of small and medium-sized enterprises the rapidly emerging field of Behavioural Finance can provide. The evolution of Behavioural Finance as a scholarly field is first reviewed. Thereafter, the growing literature in the relatively new field of Entrepreneurial Cognition is also reviewed. The pap...

The Web offers a powerful tool for knowledge-sharing among small and medium sized enterprises (SMEs). Such online initiatives have, however, frequently been unsuccessful. This paper examines factors motivating SMEs to share knowledge online. It reports data from a telephone survey of 192 SME members of two successful regional business networks comprising members from diverse industries. Althoug...

Using panel data collected in 2005, we evaluate how bank size, discretion over credit, incentive schemes, competition, and the institutional environment affect lending to small- and medium-sized enterprises in China. We deal with the endogeneity problem using instrumental variables, and a reduced-form approach is also applied to allow for weak instruments in estimation. We find that total bank ...

The relationship between business strategy and organizational performance has been a subject of growing interest in the field of strategic management. Despite this trend, there has been little attention given to a comparative analysis of this relationship between two different economies. The aim of this study is to empirically investigate the performance differences and business strategy orient...

Two contemporary economic phenomena, namely information and communication technologies (ICTs) and small and medium-sized enterprises (SMEs), have featured in the the discourse on economic development within developing economies. A significant part of these discussions relates to the engagement in e-business activities by SMEs. This paper explores this phenomenon by examining the role of externa...