Resilience of small and medium-sized enterprises in the German-Polish border region under changing economic conditions

Authors

  • Magdalena Majchrzak Warsaw University of Technology
  • Aneta Ejsmont Kazimierz Pulaski University of Technology and Humanities in Radom

DOI:

https://doi.org/10.24136/ceref.2023.024

Keywords:

small and medium-sized enterprises, resilience, resistance, flexibility, strategic revitalization

Abstract

SME resilience, interpreted as the resistant, flexibility and strategic revitalisation capacity of an organisation, takes on particular importance under conditions of extraordinary threats (e.g. COVID 19 pandemic, war in Ukraine). The important role of SMEs in the economies of many countries makes the resilience of companies in this sector, in times of crisis, crucial for the private sector, national economies and the global economy. The aim of this research is to identify the resilience factors of SMEs in changing economic conditions. The research hypothesis is formulated as follows: the resilience factors of SMEs are time-varying and require constant monitoring to maintain enterprise resilience. The verification of the hypothesis and the realisation of the objective will be carried out through theoretical and empirical studies of SMEs in Poland (West Pomeranian Voivodeship) and Germany (Mecklenburg-Vorpommern and Brandenburg). The analysis of the resilience of SMEs in economically and socially highly interconnected areas located in different countries is.

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Published

2023-12-30

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How to Cite

Resilience of small and medium-sized enterprises in the German-Polish border region under changing economic conditions. (2023). Central European Review of Economics & Finance, 45(4), 71-91. https://doi.org/10.24136/ceref.2023.024

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