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A Systems View Across Time and Space

Table 4 Barriers of growth selected by the companies

From: Factors affecting growth and internationalization of micro-enterprises in a sparsely populated region: case South Savo, Finland

Barrier of growth

Number of companies

Lack of time for developing the company

39

Threshold for hiring additional personnel

36

Sufficiency of funding

34

Rivalry circumstances

26

Lack of motivation to grow

23

Other barriers suggested by participantsa

22

Lack of marketing strategy of marketing skills

17

Location of company

16

Lack of distribution channels of others business partners

14

There is no-one who would continue as the entrepreneur in the future

10

Lack of know-how

9

Manageability of the organization and challenges related to management

6

  1. aE.g., availability of qualified workforce, availability of suitable premises, market situation