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Determinants of Business Survivability: Literature Review


 
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1. Title Title of document Determinants of Business Survivability: Literature Review
 
2. Creator Author's name, affiliation, country Michał Kozak; Maria Curie-Skłodowska University; Poland
 
3. Subject Discipline(s)
 
3. Subject Keyword(s) business survival, critical success factors, collapse of enterprises, micro business, small business
 
4. Description Abstract

Purpose – The goal of this article was to define the concept of business survivability on the basis of a review of subject literature, as well as to identify the main determinants influencing the survivability of micro and small businesses based on an analysis of empirical studies that most often included a five-year observation of an enterprise – from the moment of its establishment, until it was deregistered, or the observation period was over.

Design/Methodology/Approach – The author utilises a review of Polish and foreign subject literature, as well as secondary research regarding the survivability of micro and small businesses in the 20th and 21st centuries.

Findings – The results suggest significant differences in business survivability depending on the country of origin of a given enterprise. The factors determining business survivability were divided into micro and macroeconomic, and their presence is vital for the company to persevere in turbulent market conditions.

Originality/Value – This article is a compilation of definitions of business survivability across foreign and Polish studies of micro and small businesses after 2000. The paper compares the results of business survivability in Poland and western countries.

 
5. Publisher Organizing agency, location www.wydawnictwo.umcs.lublin.pl
 
6. Contributor Sponsor(s)
 
7. Date (YYYY-MM-DD) 2018-04-25
 
8. Type Status & genre Peer-reviewed Article
 
8. Type Type
 
9. Format File format PDF
 
10. Identifier Uniform Resource Identifier https://journals.umcs.pl/ijsr/article/view/6680
 
10. Identifier Digital Object Identifier (DOI) http://dx.doi.org/10.17951/ijsr.2017.0.6.183
 
11. Source Title; vol., no. (year) International Journal of Synergy and Research; Vol 6 (2017)
 
12. Language English=en en
 
13. Relation Supp. Files
 
14. Coverage Geo-spatial location, chronological period, research sample (gender, age, etc.)
 
15. Rights Copyright and permissions Copyright (c) 2018 Michał Kozak
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.