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dc.contributor.authorBeizitere, Ilona
dc.contributor.authorSloka, Biruta
dc.contributor.authorBrence, Ieva
dc.date.accessioned2022-06-29T14:05:45Z
dc.date.available2022-06-29T14:05:45Z
dc.date.issued2021-05
dc.identifier.citationBeizitere, I., Sloka, B., Brence, I. The Role of Financial Support for the Performance and Survival of Micro-Enterprise, Proceedings of the International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering", 13.-14.05.2021, Vilnius Gediminas Technical Universityen_US
dc.identifier.isbn978-609-476-260-4
dc.identifier.issn2538-8711
dc.identifier.urihttps://dspace.lu.lv/dspace/handle/7/59959
dc.descriptionThe research was supported by the NATIONAL RESEARCH PROGRAMME “LATVIAN HERITAGE AND FUTURE CHALLENGES FOR THE SUSTAINABILITY OF THE STATE” project “CHALLENGES FOR THE LATVIAN STATE AND SOCIETY AND THE SOLUTIONS IN INTERNATIONAL CONTEXT" (INTERFRAME-LV, Project No.VPP-IZM-2018/1-0005).en_US
dc.description.abstractPurpose – to examine the Latvian micro-enterprises having indicated the external financing as an important factor for their development. Research methodology – the results of the ad hoc survey (WAPI) on companies registered in Latvia in nationally defined sectors are used. Valid responses were received from 2.511 companies, of which 1.879 were micro-enterprises, the results were processed by using the SPSS programme. Findings – micro-enterprises that have not received the necessary external financing in previous years were less sustainable in the later period. Of the liquidated micro-enterprises examined, 16% were closed in 2020. Research limitations – the study highlights the impact of the availability of finance factor on the survival of micro-enterprises. Practical implications – the findings are useful for business support policy makers to identify preventative measures to ensure the resilience of micro-enterprises in times of economic turmoil when the spread of the Covid-19 has affected economy. Originality/Value – although scientific research on the need for financial support for companies has already been conducted in recent years, our study emphasizes the importance of access to finance for micro-enterprises.en_US
dc.description.sponsorshipINTERFRAME-LV, Project No.VPP-IZM-2018/1-0005en_US
dc.language.isoengen_US
dc.publisherVilnius Gediminas Technical Universityen_US
dc.relationeu-repo/grantAgreement/Funder/VPP/2018/1-0005/IZM//INTERFRAME-LV/en_US
dc.relation.ispartofseriesContemporary Issues in Business, Management and Economics Engineering;
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectbanksen_US
dc.subjectfinance institutionsen_US
dc.subjectfirm performanceen_US
dc.subjectmicro-enterprisesen_US
dc.subjectmicro-entreprise financingen_US
dc.subjectResearch Subject Categories::SOCIAL SCIENCES::Business and economicsen_US
dc.titleTHE ROLE OF FINANCIAL SUPPORT FOR THE PERFORMANCE AND SURVIVAL OF MICRO-ENTERPRISESen_US
dc.typeinfo:eu-repo/semantics/conferenceObjecten_US


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