https://www.um.edu.mt/library/oar/handle/123456789/102213 2026-04-20T21:31:58Z 2026-04-20T21:31:58Z Panasiewicz, Leszek https://www.um.edu.mt/library/oar/handle/123456789/102931 2022-10-24T09:10:36Z 2021-01-01T00:00:00Z

Title: Informative and affective determinants of pro-innovative behaviours Authors: Panasiewicz, Leszek Abstract: PURPOSE: The aim of this article is to provide a comprehensive analysis of those conditions conducive to employee creativity, expressed in the development of ideas, as well as the initiation and continuation of such activities, leading to the implementation of an innovative solution.; DESIGN/METHODOLOGY/APPROACH: The research was of a qualitative character, and was based on interviewing the authors of those solutions which meet the assumed criteria.; FINDINGS: The research allowed us to identify the cognitive and affective determinants of the creative processes and of their transformation into the implementation of innovative solutions. The research has also shown the high importance of the process of organisational knowledge, and the catalysing influence that the fact of acquiring knowledge from external sources had on the creative processes themselves. The factors influencing the induction and maintenance of the useful emotional state of the authors of the ideas are also indicated. The emotions turned out to be important both for taking the initiative and for continuing the process of implementing the idea in practice. The research also showed the specific role that intrinsic and extrinsic motivation played in the initiation and implementation of the initiative.; PRACTICAL IMPLICATIONS: The article indicates those organisational conditions which are conducive to the development of ideas and to the taking of initiative to transform them into innovative organisational solutions. The research also shows the role of both intrinsic and extrinsic motivation in undertaking such creative and innovative activities. Attention is also paid to the influence that the practices of the authors of the projects themselves in the field of knowledge acquisition had on the dynamics of the innovation process.; ORIGINALITY/VALUE: The article focuses on the transformation of a result of the creative process, namely, the idea of an individual employee, into an innovative organisational process. As a result, such work combines the issues of individual creativity and organisational innovation, which are usually discussed separately. It also helps us understand the conditions necessary for the transformation of spontaneous ingenuity into worthwhile solutions.

2021-01-01T00:00:00Z Paździor, Artur Sokół, Marta Styk, Aleksandra https://www.um.edu.mt/library/oar/handle/123456789/102930 2026-01-09T07:21:56Z 2021-01-01T00:00:00Z

Title: The impact of the COVID-19 pandemic on the economic and financial situation of the micro and small enterprises from the construction and development industry in Poland Authors: Paździor, Artur; Sokół, Marta; Styk, Aleksandra Abstract: PURPOSE: The main purpose of the article was to assess the impact of the COVID-19 pandemic on the financial situation of micro and small enterprises in the construction and development industry in Poland.; DESIGN/METHODOLOGY/APPROACH: The research was conducted in February 2021 by means of a survey on a group of 100 randomly selected, representative samples of micro and small entrepreneurs from the construction and development industry in Poland. The survey questionnaire was developed in the form of 15 record and substantive single or multiple choice questions. Another method that was used for the research was the review and analysis of bibliographic resources.; FINDINGS: The conducted research shows that as a result of the COVID-19 pandemic, the economic and financial situation of micro and small enterprises in Poland has deteriorated. However, this was not only due to a reduction in demand. A large part of the problems resulted from the disruption of material logistics chains, which contributed to problems with access to professional equipment (fixed assets) and financial chains, which was reflected in the growing concerns of entrepreneurs about the timely inflow of receivables from recipients.; PRACTICAL IMPLICATIONS: The pandemic, affecting almost all economic entities, destabilizes their functioning and raises concerns about the future. Support in a more difficult situation granted to entrepreneurs by the government may significantly burden the state budget, and the resignation from investments may hinder economic growth. A significant drop in demand for construction services and concerns about an increase in the prices of materials and wages and salaries may lead to a price fight between entities. Due to the difficulty in predicting the long-term effects of the pandemic, it seems necessary to apply for economic protection outside traditional crisis management systems.; ORIGINALITY/VALUE: With the use of an original, authors' survey conducted on a representative research sample, current issues were raised, concerning not only Poland, but also the whole world.

2021-01-01T00:00:00Z Surma-Syta, Anna Majek, Adrian https://www.um.edu.mt/library/oar/handle/123456789/102928 2022-10-24T09:03:12Z 2021-01-01T00:00:00Z

Title: The use of accounting for financial management by small and medium enterprises in Poland Authors: Surma-Syta, Anna; Majek, Adrian Abstract: PURPOSE: The aim of the publication is to verify the use of information obtained from accounting in business and financial management by small and medium enterprises (SMEs) in Poland. As part of this objective, the main hypothesis was formulated that small and medium-sized enterprises (SMEs) largely rely on accounting information to manage their assets and finances. Additionally, auxiliary hypotheses were put forward.; DESIGN/METHODOLOGY/APPROACH: The literature review was carried out. The research tool was a questionnaire addressed to a representative group of 150 randomly selected Polish small and medium-sized enterprises (SMEs). The questionnaire survey was conducted in January and February 2021. The questionnaire contained 21 single-choice and multiplechoice record and substantive questions using the Likert scale.; FINDINGS: The results of research show that 90% of the surveyed entities use data for financial management. 75% of companies use them to improve the debt collection process. Over 60% use this information when choosing the optimal sources of financing, incl. subsidies from the European Union. Approximately 70% of entities use accounting information to calculate the ROE, and more than 80% use it when analyzing and undertaking investment activities.; PRACTICAL IMPLICATIONS: Owners of businesses are aware that thanks to accounting information they are able to make better decisions and manage their resources in a more optimal way, use them more effectively for their own purposes and improve the processes taking place in a given unit.; ORIGINALITY/VALUE: The processes and situations in which accounting data in the field of financial management are most often used are described. This publication provides an answer to what extent the theories from scientific literature find practical application in real reality in the field of property and financial management. The conducted research can be the basis for further analyzes of the importance of these data for companies in specific situations.

2021-01-01T00:00:00Z Mieszajkina, Elena https://www.um.edu.mt/library/oar/handle/123456789/102927 2022-10-24T09:01:41Z 2021-01-01T00:00:00Z

Title: The impact of managers' competences upon the performance of small enterprises Authors: Mieszajkina, Elena Abstract: PURPOSE: The objective of the article is to present the results of the study pertaining to the impact of competences of small enterprises' managers upon the enterprises' performance.; DESIGN/METHODOLOGY/APPROACH: The review of available literature as well as empirical studies were performed in order to arrive at the objective. This enabled an in-depth examination of the subject matter. The review of literature enabled the methodology of the study to be formed. The survey approach with the use of a questionnaire was applied in data collection. The impact of the managers' competences upon the performance of the enterprises was examined by means of structural equation modeling.; FINDINGS: The study expands knowledge in the field of small enterprises management. The article revealed that the performance of such enterprises is affected by the competences of the management. Based upon the review of literature, three types of competences were distinguished. A list of competences, which takes the specific character of small businesses into consideration, was developed for each of the types. The empirical study revealed that managerial competences directly affect the performance of the enterprises. Such competences are reinforced by specialized competences as well as personal and social competences.; PRACTICAL IMPLICATIONS: The results of the study may offer valuable information for small enterprise owners. They may prove helpful in developing competence profiles and strategies regarding the improvement of managers' competences. They may also be of use to consultants offering trainings and advisory services for small businesses. The results of the study are compelling and encourage further research.; ORIGINALITY/VALUE: The subject matter seems vital because insufficient competence level of the management is believed to be one of the weaknesses of small enterprises. Usually, such businesses are analyzed in relation to large enterprises or the entire MSME sector. The current study pertains exclusively to small enterprises, which have the lowest development capacity in the sector. Studies prove that the enhancement of the management's competences may contribute to the improvement of business performance.

2021-01-01T00:00:00Z