Business disaster preparedness of SMES : a survey study in METU Technoparks

Aydın, Mevlüt Türker
Small and Medium Enterprises have an important role in the economy of Turkey and the economic contribution of these businesses is significantly high. However, SMEs encounter financial, conjectural and disaster related risks. Since disasters are frequently occurred events in Turkey and SMEs are vulnerable to the disasters, this situation affects the businesses negatively. For this reason, organizations must take precautions against disasters to minimize these effects. The aim of this study is to contribute to the literature by investigating the factors affecting the business disaster preparedness. Previous studies have investigated the effects of firm size, firm age, ownership of property, financial condition, previous disaster experiences, source of initial capital, risk perception and gender on the total disaster preparedness level of the companies. Different from the past studies, a new variable namely source of initial capital was added in this study and the impact of this variables on disaster preparedness was examined. In order to test which factors are influential in business disaster preparedness of SMEs, questionnaires were applied to the top level managers of the SMEs in METU Technopark which is located in Ankara, Turkey. There are approximately 300 companies operating in METU Technopark currently and the top level managers of v 60 of them responded the questionnaires. Using this collected data, the hypotheses were tested by multiple regression analysis. Results of the study demonstrated that firm size, previous disaster experiences, perception of probability of being damaged from possible disasters have a positive impact on disaster preparedness. In addition, female managers are found to take precautions in their organization compared to males. Finally, it was observed that companies which use self accumulation as a source of initial capital are more prepared to disasters.


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Citation Formats
M. T. Aydın, “Business disaster preparedness of SMES : a survey study in METU Technoparks,” M.S. - Master of Science, Middle East Technical University, 2014.