MANAGEMENT’S PERCEPTION OF THE DETERMINANTS THAT INFLUENCE SMEs PERFORMANCE: EVIDENCE FROM KOSOVO

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Sokol Krasniqi
https://orcid.org/0000-0002-5960-7865
Arta Jashari
https://orcid.org/0000-0002-7842-0385
Ismail Mehmeti

Abstract

Small and medium-sized enterprises (SMEs) are now unquestionable contributors to economic development on the one side and employment creation on the other. To promote sustained growth, SMEs must meet specific prerequisites, particularly the leadership structures of this segment. Therefore, this research aims to investigate and identify the determinants that affect SMEs performance. The research employs a qualitative technique, using questionnaires containing 52 questions. The study surveyed 336 SMEs owners or managers from March to April 2022. The Multinomial Logistic Regression (MLR) empirical technique explored the influence of education level, previous experience, training attendance, business plan, consultation services, and employees' insufficient competency in SMEs performance. The research has revealed that the level of education and consultancy services positively impact SMEs performance. In contrast, neglect of training and employees' insufficient competence harm SMEs performance. The study encourages SMEs owners and managers to take advantage of professional training opportunities and to invest in existing personnel through training to acquire acceptable competence, which will be reflected in management performance. From the perspective of the contribution, it provides the most recent evidence in the context of Kosovo's economy, employing the logistic regression analysis. 

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How to Cite
Krasniqi, Sokol, Arta Jashari, and Ismail Mehmeti. 2022. “MANAGEMENT’S PERCEPTION OF THE DETERMINANTS THAT INFLUENCE SMEs PERFORMANCE: EVIDENCE FROM KOSOVO”. Journal of Liberty and International Affairs 8 (3):135-53. https://doi.org/10.47305/JLIA2283135k .
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Author Biographies

Sokol Krasniqi, University of Applied Sciences in Ferizaj, Faculty of Management, Kosovo

Sokol Krasniqi, Professor at the University of Applied Science in Ferizaj, has completed his Ph.D. studies at the University of Tirana, Faculty of Economics - Department of Management. The author has published many articles and attended various conferences and workshops and conducted numerous study visits. He has several presentations at various national and international conferences. He also published his works in internationally renowned journals with international recension and impact factor. The preferred fields of research are Entrepreneurship, Management, and SMEs Management.

Arta Jashari , University of Applied Sciences in Ferizaj, Faculty of Management, Kosovo

Arta Jashari, Professor at the University of Applied Science in Ferizaj, has completed his Ph.D. studies at the University of Prishtina, Faculty of Ecomomics - Department of Management and Informatics. The author has published many articles and attended various number of conferences.The preferred fields of research are Management, Human resource management, and enterprenuership.

Ismail Mehmeti, University of Applied Sciences in Ferizaj, Faculty of Management, Kosovo

Ismail Mehmeti, PhD - from 2018 and now - is a professor at the University of Applied Sciences in Ferizaj - Kosovo, Faculty of Management where he teaches economic subjects and business law, from 2013 - 2018 he worked as a professor of economic subjects at "Pjeter Budi" College in Pristina, he completed his doctoral studies at the "St. Cyril and Methodius" University in Skopje, the "Justinjani I" Faculty - North Macedonia, in the direction "Economic Sciences and Business Law", has published books - biographies, scientific articles in journals indexed on various international platforms, has participated in national and international scientific conferences, has participated in seminars, congresses, various scientific tables following the trends of academic development at the national and international level.