The Analysis of Small- and Medium-sized Enterprises in the European Defence Industry from a Contingency Theory Perspective

doi: 10.32567/hm.2023.3.8

Abstract

According to contingency theory, an organization’s performance depends on the changes in the environment, therefore there is no pre-determined strategy that every business can
apply, but it is necessary to continuously adapt to dynamically changing environmental factors. Maintaining the local defence industry is of strategic importance for every European country where small and medium-sized enterprises play a prominent role in the development of innovative technologies. The research aims to identify which external and internal contingency variables have a relevant impact on the operation of innovative small and medium-sized enterprises in the current geopolitical environment. Data were collected
through semi-structured in-depth interviews and analysed with qualitative content analysis. In the current environment, geopolitical conflicts, intense market demand, supply problems in the field of raw materials and defence equipment, dynamic technological development, and national efforts to develop the defence industry are some of the contingency factors that affect businesses. The results provide a framework for management to formulate an effective strategy.

Keywords:

Contingency theory Defense industry Military technology Small and medium-sized enterprises Research-development-innovation

How to Cite

Mészáros, A. (2024). The Analysis of Small- and Medium-sized Enterprises in the European Defence Industry from a Contingency Theory Perspective. Military Engineer, 18(3), 103–119. https://doi.org/10.32567/hm.2023.3.8

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