Transforming an idea into a strategic decision in SMEs

Peter van Hoesel and Petra Gibcus

No H200311, Scales Research Reports from EIM Business and Policy Research

Abstract: Entrepreneurs in small and medium sized firms (SMEs) are dynamic when it comes to decision-making. 65% of the interviewed entrepreneurs in our sample took an important decision in the last three years or will take an important decision in the near future. In this report we investigated the stages and crucial moments in the decision-making process of SMEs. By means of two extensive pilot studies we developed a model, distinguishing three stages and two moments in the decision-making process.

Pages: 72 pages
Date: 2004-04-29
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eim:papers:h200311

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