FACTORS AFFECTING SMEs FAILURE - PART TWO: POSSIBILITIES AND BARRIERS OF DIGITALIZATION

Abstract

The results presented in this manuscript, are one segment of large international research, conducted during the International Visegrad project: “Possibilities and barriers for industry 4.0 implementation in SMEs in V4 countries and Serbia”. The project was financially supported by the International Visegrad Fund, during the period 2021-2022. The awareness of the entrepreneurs and the employees in the SME sector on the possibilities and barriers of digitalization of their business operations were collected through specially designed questionnaire. Obtained results were analyzed using the linear and non-linear statistical analysis, including linear regression analysis and artificial neural networks.