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Content archived on 2024-06-18

Developing business relationships by SMEs in the intercultural environment

Objective

In a so-called “new network economy”, SMEs’ success in competitive markets could be achieved by strategies which are designed to allow firms to more easily share and develop resources (e.g. information, processes, and competences) with a wide range of potential stakeholders. Relationship-based strategies emphasize that to achieve competitive advantage firms should identify, develop and enhance an efficient portfolio of relationships (Zolkiewski and Turnbull, 2002). It is argued that small firms rely on maintaining effective business relationships to a greater extent than large firms but their processes of developing market relationships are not as well understood or researched. Many of the business relationship models have been constructed in the context of Anglo-Saxon developed economies and large organizations, the universality of these models in an intercultural and/or SME context has not been verified. Corresponding with this gap in theory, the main objective of this research is the identification of effective mechanisms for use by SMEs in business relationship development throughout Europe. The objectives of the research are to explore the following issues:
· The tactics used by SMEs to develop business relationships;
· The main obstacles faced by SMEs in building relationships;
· The effects of maintaining business relationships on SMEs;
· The extent of the entities with which relationships are built by SMEs;
· The influence of competition intensity and cultural differences on SMEs’ relationship-building processes.

The main empirical basis will constitute primary qualitative data gathered from the United Kingdom and the Central-European countries of Poland, the Czech Republic and Slovakia. This data will be analysed and used to refine understanding of theory. Dissemination will take place through peer-reviewed and practitioner journals, seminars and conference presentations.

Topic(s)

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Call for proposal

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FP7-PEOPLE-IEF-2008
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MC-IEF - Intra-European Fellowships (IEF)

Coordinator

THE UNIVERSITY OF MANCHESTER
EU contribution
€ 91 525,90
Address
OXFORD ROAD
M13 9PL Manchester
United Kingdom

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Region
North West (England) Greater Manchester Manchester
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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