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Credit guarantee funds which, along with other subjects, constitute business environment institutions, target their offer at SME sector in order to support the development of local enterprises. SME sector has peculiar internal and external conditions that hinder or limit the access to the external financing. The aim of this article is to picture the issue of access to the external financing such as bank credits and loans by the SME sector and to present the role of credit guarantee funds in this scope. The thesis statement of this article is as follows: the activity of guarantee funds contributes to the increasing fulfillment of the SME sector loan demand which might increase its competitiveness and lead to its further development. The article includes an analysis of the subject literature and is based on the publications concerning functioning of SME sector and an analysis of the data on the basis of the statistic data publicized in annual reports.
In Hungarian agriculture, the fruit sector plays an important role. This sector represents a larger proportion in producing value in comparison to its taking the cultivation area, it has a notable role in employing the rural population, and in holding it in the country. In consequence of the economic-social system change, the number of the producers has increased, and the average farm-size decreased. Simultaneously, because of lack of capital and resources, which characterizes this sector too, the necessary investments were not established (putting in plantations, post-harvest activity), the earlier integrations connections were broken up. During the research I investigated the position of the producers from more directions, I looked for weak points, the elimination of which is an essential condition to each member of the sector, that it could hold its leading position after the affdiation to the EU too.
The SME sector plays a significant role in every countries’ economy. The European Union also realized its importance and hence tries to create such fiscal rules and administrative environment which enhances business activity and the level of entrepreneurs. At the same time the majority of enterprises faces emerging difficulties. Companies aiming to survive in the long run have to realize and continuously monitor the inside and outside environment which affects them. It is inevitable to use the tools of risk and change management which cannot be overlooked in today’s economic environment. Last decades local currencies have appeared in order to reduce liquidity risks and its emergence is continuous and becoming more and more successful. The aim of the article is to introduce the difficulties of the Hungarian SME sector and shortly discuss the opportunities of local currency as a risk management tool which can positively affect the prosperity of the SME sector
Despite of the economy globalization and sophisticated global communications technologies, currently, more attention is paid to development of clusters and to marketing communication of clusters. The aim of this paper is the analysis of marketing communication tools in business clusters of services in Slovakia. This is known as the marketing communications mix. This is charting of the tools of marketing communication forming the basis of a marketing communications campaign in the cluster of services.
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Imitation vs. innovation in the SME sector

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It is frequently mentioned that during economic crisis one of the key elements of strengthening SMEs is permanent renewal and capability of innovation. However, only some businesses are able to carry out classical product/service innovation (Schumpeter). We are of the opinion that observing the best practice, adoption and/or adaption – the imitation – should be given a higher function in everyday business life. From the point of view of business development, imitation can be more important than innovation. To find ideas worth imitating it is necessary to react and start to produce rapidly, at the right time and bring to the market the essentials of imitation. The aim of the paper is to give a theoretical overview of the interpretations of innovation and imitation. Sectoral features and regional differences determine the scope of development and renewal for existing enterprises. At the same time the knowledge of entrepreneurs regarding innovation is insufficient, thus a new paradigm is needed.
In this study the authors summarize the main points of SMEs’ behaviour regarding risk management. After defining three levels of risk management, key risks and risk avoiding activities are introduced. Financial risks and their connection to the enterprise´s strategy are highlighted. A Hungarian survey forms the basis of analysis. General roles, behaviours and activities are defined using deduction. It is concluded that the most effective risk management methodology is a customized, flexible and quality-oriented approach regarding SMEs.
The aim of the study is to present selected issues relating to the concept of CSR in the opinions of small and medium enterprises engaged in economic activities in rural areas. The concept of corporate social responsibility, functioning under the name of CSR, which is the responsibility of the business, is becoming more popular not only in academia, but also business. Research into business opinions on the concept of CSR was carried out in the second half of 2013 and included 174 micro (0-9 employees), small (10-49 employees) and medium (50-249 employees) agribusinesses engaged in business activities in rural areas of Warmia and Mazury. Studies have shown that nearly 30% of traders noted that the principles of social responsibility are reflected in financial results – they saw benefits such as higher quality products, lower costs and associated savings such as in water or energy.
To be successful strategic thinking from SMEs is required, they have to give appropriate answers to the changes that fit and serve the sustainable economy. It is characteristic that SMEs concentrate mainly on surviving and on daily stability, yet – despite of the frequently mentioned idea – they realize the necessity of renewal, and they are fond of innovation. The question arose: what kind of business model do we need. Future means that the reappraisal of the values based on trust, reallocation of resources, social relationships, restructuring factors of production, localization, reuse and recycling must be implemented in business strategies, showing the direction of innovation. It is important to define the role and place of the SMEs in innovation process in the context of de-growth, like innovation – imitation. Synthesis – open innovation, observation and adaptation of best practices, cooperation based on trust, participation in strategic partnerships. In the study messages of sustainable economy and ‘degrowth’ is summarized. Answers are being looked for the question: what kind of behavior and strategies are appropriate for the SMEs for successful renewal.
Agribusiness is one of the most important sector in Economy. In Poland enterprises connected with agribusiness determine considerable part of GDP. Majority of agribusiness enterprises belong to small and medium size group. Thus, prosperity and efficiency of agribusiness in greater part depends on successful performance of small and medium enterprises, especially with regard to innovation. The paper presents situation of small and medium agribusiness enterprises in Mazovia with particular attention to innovativeness development. Based on research among 54 small and medium agribusiness enterprises, researched with questionnaire, general conclusions indicate that enterprises are willing to implement innovations, however knowledge about development possibilities is low. The paper argues that the level of innovativeness among analysed agribusiness enterprises is unsatisfactory
This article provides technical details concerning the development and implementation of Hazard Analysis Critical Control Points (HACCP) in one of the largest bakeries of Cova da Beira – Portugal. A generic HACCP plan in accordance with legal requirements was made through a detailed audit and analysis of data collected in the company. It was verifi ed by overview of the HACCP system implemented in the bakery, that there was no reduction in quality of the fi nal product during the manufacturing process and the implementation of the requirements was particularly strong, having been instrumental the total commitment and sense of responsibility of all workers.
The article characterizes the relevant state, level and dynamics of the entrepreneur sphere in the condition of the Prešov self-administration region in connection with the unified European economic market. The knowledge is based on the data gathered from the terrain research and analyses that are confronted with the present legal norm and the norms adapted from the European law. The author also indicates the possible trends of the development in this field that should create the suitable and appropriate conditions for further positive development of the entrepreneur environment from the regional, social and European point of view.
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