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| Author: | Aidis, R. |
| Title: | Institutional barriers to small- and medium-sized enterprise operations in transition countries |
| Journal: | Small business economics
2005 : NOV, VOL. 25:4, p. 305-318 |
| Index terms: | institutional economics small and medium-sized enterprises (smes) transition economies Lithuania |
| Language: | eng |
| Abstract: | This article examines the interrelated effect of nineteen factors grouped into four types of barriers (formal, informal, environmental and skills) on existing small- and medium-sized enterprise operations in Lithuania, building on institutional theory and on existing literature regarding barriers to private businesses in transition countries. Regressoion analyses on a sample of 332 business owners indicate that perceived formal barriers are associated with perceived informal barriers such as corruption and perceived environmental barriers are associated with perceived skill barriers such as management problems. |
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