Arbeitspapier

Why don't we see more Small- and Medium-sized Enterprises (SMEs) in Lithuania?

This paper identifies the specific external barriers to SME development in Lithuania. An analysis of 332 SME owners reveals that formal barriers (taxes, frequent changes to and ambiguity of tax policies) and environmental barriers (low purchasing power, lack of funds for business investment) form the most significant barriers for SME businesses. Informal barriers (late payment to clients, corruption, government interference) were secondary in significance. By grouping together variables according to barrier types, and using regression analysis, the inter-linkages between barrier types becomes evident. Our results suggest that the effect of business barriers is intensified by corruption, lack of information and inadequate business skills.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 02-038/2

Classification
Wirtschaft
Subject
SMEs
business barriers
Lithuania
transition economics
institutional theory
entrepreneurship
KMU
Entrepreneurship-Ansatz
Übergangswirtschaft
Institutionalismus
Litauen

Event
Geistige Schöpfung
(who)
Aidis, Ruta
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2002

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Aidis, Ruta
  • Tinbergen Institute

Time of origin

  • 2002

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