Factors Affecting Success of SMEs in Azerbaijan
Archives of Engineering Knowledge, Vol. 1, Issue 1, p. 56-58, (2016)
3 Pages Posted: 27 Feb 2017
Date Written: 2016
The aim of this research is to determine the main factors affecting activity of small and medium sized enterprises in the Azerbaijan market and analysis of its situation through collected data. The method used in the research will be conducted as an interview (online). Literature-based findings were essentially the factors that hampered the development of small and medium-sized enterprises in Azerbaijan in a few different areas. There was identified a list of problems related to SMEs development connected with access to financial resources, problems in the application of internet technologies, relationship between the character of the enterprise and the character of the operator, outside environment, cultural differences, problems in strategy determining.
Keywords: SMEs, Success, Factors, Azerbaijan
JEL Classification: P13, P42
Suggested Citation: Suggested Citation