Introduction: What is a "Dynamic SME"

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Abstract

This chapter addresses the question: "What is a successful management model for SMEs to compete in turbulent environments? After an introduction into the universe of SMEs a model of a "Dynamic SME" is developed integrating the results of the 4 year European-Latin American action research project www.dynamic-sme.org. Based on a literature review, empirical data, case studies and action research findings strategies and practices of a "dynamic SME" are discussed. This chapter also serves as an introduction to the book relating the following chapters to the Dynamic SME model.

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North, K., & Varvakis, G. (2016). Introduction: What is a “Dynamic SME.” In Competitive Strategies for Small and Medium Enterprises: Increasing Crisis Resilience, Agility and Innovation in Turbulent Times (pp. 1–17). Springer International Publishing. https://doi.org/10.1007/978-3-319-27303-7_1

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