System dynamics model of crises in small and medium enterprises
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F19%3A43900144" target="_blank" >RIV/60076658:12510/19:43900144 - isvavai.cz</a>
Alternative codes found
RIV/49777513:23510/19:43954346
Result on the web
<a href="https://www.tandfonline.com/doi/full/10.1080/1331677X.2018.1552176" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/1331677X.2018.1552176</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
System dynamics model of crises in small and medium enterprises
Original language description
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.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Economic Research-Ekonomska Istrazivanja
ISSN
1331-677X
e-ISSN
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Volume of the periodical
2019
Issue of the periodical within the volume
1
Country of publishing house
HR - CROATIA
Number of pages
19
Pages from-to
168-186
UT code for WoS article
000459539300001
EID of the result in the Scopus database
2-s2.0-85062083488