Growth Management Priorities of Service-Based Microenterprises in a Sparsely Populated Area

Martti Saarela, Matti Muhos, Kai Hänninen and Harri Jokela
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Martti Saarela: University of Oulu, Kerttu Saalasti Institute, Finland
Matti Muhos: University of Oulu, Kerttu Saalasti Institute, Finland
Kai Hänninen: University of Oulu, Kerttu Saalasti Institute, Finland
Harri Jokela: Nihak Ltd., Finland

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Abstract: Micro-enterprises, which refer to a subset of small and medium enterprises, represent over 95% of European enterprises. Nevertheless, little is known about micro-enterprises. Location is one of the key factors concerning the development of business, and several studies have indicated the differences between urban and sparsely populated areas. However, there is a lack of literature concerning the growth management priorities of micro-enterprises, especially those of micro-enterprises in sparsely populated areas. To address this gap in the literature, this multiple case study aims to answer the following research question: What are the critical managerial incidents that occur during the growth of service-based micro-enterprises in a sparsely populated area? The results of the case study showed that the highest priority of the owners-managers of the service-based micro-enterprises was related to human resources.

Keywords: micro-enterprises; micro-companies; management priorities; sparsely populated area (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:tkp:mklp18:341

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