Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2018.1552176
System dynamics model of crises in small and medium enterprises
Viktor Vojtko
; Faculty of Economics, Czech Republic, Department of Trade and Tourism, University of South Bohemia in Ceske Budejovice, Czech Republic
Ladislav Rolínek
orcid.org/0000-0003-2587-8226
; Faculty of Economics, Czech Republic, Department of Management, University of South Bohemia in Ceske Budejovice
Miroslav Plevný
orcid.org/0000-0003-4774-0877
; Faculty of Economics, Czech Republic, Department of Economics and Quantitative methods, University of West Bohemia in Pilsen, Plzen, Czech Republic
Sažetak
The article aims to improve existing theories of business development and crisis management with a special emphasis on inner dynamics of crises in small and medium enterprises (S.M.E.s). For these purposes, combined perspectives of system dynamics, company life cycles, crisis management, resilience and business continuity management in S.M.E.s have been used. Based on data of about 554 crises from 183 companies collected in the Czech Republic, the most common crises types and their combinations have been identified using association rules mining method. Then, a simulation system dynamics model synthesizing the main findings and allowing scenario analysis to explain and avoid some of the crises in S.M.E.s has been developed for a case study of manufacturing company. Such a simulation model enriches the present knowledge and explains complex dynamics of crises in S.M.E.s in a novel way. When properly calibrated, this model could be used as a supporting tool for decision-making in manufacturing S.M.E.s.
Ključne riječi
small and medium enterprises (S.M.E.); crisis; business management; system dynamics model; simulation modelling
Hrčak ID:
228565
URI
Datum izdavanja:
22.1.2019.
Posjeta: 972 *