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Support for Small Business and its perceived influence on project success: A study of projects of small businesses in a Swedish Science Park
Umeå University, Faculty of Social Sciences, Umeå School of Business.
Umeå University, Faculty of Social Sciences, Umeå School of Business.
2010 (English)Independent thesis Advanced level (degree of Master (Two Years)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Enterprises of any size need to face different challenges which might be specific to their environment or their structure. Therefore, to overcome these barriers each company owner needs to take into consideration suitable ways through which the available and potential resources can be best use in dealing with the business context. Issues like, market breakthrough and acceptance, competition, economic environment, can prove to be critical for a small business which bases its activities on innovation type of services and products.

By studding the specific context of small businesses with an entrepreneurial and innovative character, we try to address in this thesis one of the particular ways through which these type of companies can face challenges within their environment: by involving different categories of external support in their projects and business activities. While the need for capital, information and co-operation is growing along with the small business development, we also have chosen to focus our attention on three types of support infrastructures: finance, information and network. Then, each of these support aspects is analysed in connection with project critical success factors in order to establish a certain relevance that external assistance can have on project success.

The case studies are based on five small companies within a Swedish incubator in the region of Västerbotten county. As for our study we consider governmental agencies, universities and Science Parks, as three representative support agents, we decided to take closely analyse one of them, and so we looked at the policies and environment of the incubator which hosts the five small companies. And so, Uminova Innovation and its incubator, which are part of Uminova Science Park, could be considered as the overall case study framework. Then, the outcomes of this thesis highlight the perceived influence of the three support infrastructures: finance, information and networks on the business projects, activities and processes. Although the particular business characteristics have their own impact when it comes to the types of support each studied company choose to approach, a general link has been noticed between a certain type of business activities or plans and the involved support.

As this study brings up particular matters which engage both small business and the business support agents, we believe that the outcomes of the analysis and the broad theoretical framework would be a suitable reference for practitioners of support policies as well as for small business owners. Therefore, the actions and policies of these actors can be further developed by taking in consideration the critical success factors which have a direct implication in enhancing a particular support that further can contribute to project success.

Place, publisher, year, edition, pages
2010. , 112 p.
, Master Thesis at Umeå School of Business
Keyword [en]
small business, support agents, critical success factors, success criteria, financial assistance, networks, information infrastructure
National Category
Business Administration
URN: urn:nbn:se:umu:diva-31146OAI: diva2:291304
Social and Behavioural Science, Law
Available from: 2010-02-08 Created: 2010-02-01 Last updated: 2010-03-16Bibliographically approved

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Florincuţa, Roxandra GiorgianaThongsawai, Pornuma
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