SMEs are significant job creators and drivers of innovation and competition in most economic sectors. Furthermore, the traditional constraints of small and medium enterprises, such as geographic operations, are now being dissolved by technological developments. This means that there are new opportunities for SMEs, and their fundamental principles are being redefined: the aims, competencies, strategy, management, practice, and scope of these businesses are changing, with wide-ranging implications.

This is the second part of a two volume work that incorporates scientific chapters on SME business theory and practice. Authors provide a balanced perspective of the present and future of SMEs across all business disciplines, for example management, strategy, marketing, economics and finance. While Volume I focuses on the individual SME and internal issues such as innovation, quality, and digitization, this second volume explores external issues such as contextual forces, the effectsof the financial crisis, and macro-economic effects.  

1. Editorial Introduction: Contextual Evolution of SMEs Across Markets, Disciplines and Sectors

2. The Impact of Digitalisation and Sustainable Development Goals in SMEs Strategy: A Multi-Country European Study
3. Business in a Foreign Country: A Contextual Analysis of Immigrant Entrepreneurship and Their SMEs
4. Defining the SME: A Multi-Perspective Investigation
5. To Fail or Not to Fail: An Algorithm for SME Survival Prediction Using Accounting Data
6. Dynamic Capabilities and System Thinking - The Role of Networking Capabilities to Foster Innovation in SMEs
7. The Influence of Social Vision, Social Networks, And Financial Return on Social SME Sustainability
8. Prediction of Viticulture Farms Behaviour: An Agent-Based Model Approach
9. Digitalization of SMEs: A Review of Opportunities and Challenges
10. Financing & Innovativeness of Small and Medium-Sized Enterprises - The Case of Poland
11. ItalianFurniture Sector SMEs: Sustainability and Commercial Ethics.