The contribution of purchasing to the development and growth of small- and medium-sized enterprises (SMEs) and the overall performance of supply chain has been neither rigorously examined nor empirically substantiated. This paper provides empirical evidence on how purchasing variables (relationship, …

In the paper, the risk and risk management issues are discussed. We try to offer different definitions and characteristics of business risk together with categorisation of risk connected with the entrepreneurship. Specific risks in the SMEs sector are emphasized and some solutions for process-oriented …

This study focuses on the transfer process and the importance of human capital and succession planning as firm resource from the seller’s perspective. It further differentiates amongst two types of human capital - specific and generic - to predict the transfer duration, obtained price and satisfaction …