Small Business Economics最新文献_第6页

Entrepreneurship and innovation in worker cooperatives and conventional firms: the role of external cooperation 工人合作社和传统企业的创业与创新：外部合作的作用

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-07-22 DOI: 10.1007/s11187-024-00951-x

Francisco J. Santos, Carmen Guzmán, Lidia Valiente

引用次数: 0

Advisors for micro-entrepreneurs: is one as good as another in accessing alternative finance? 微型企业家的顾问：在获得替代融资方面，一个和另一个一样好吗？

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-07-18 DOI: 10.1007/s11187-024-00942-y

Maria Gaia Soana, Doriana Cucinelli, Beatrice Ronchini

引用次数: 0

Token governance in initial coin offerings: Implications of token retention and resale restrictions for ICO success 首次代币发行中的代币管理：代币保留和转售限制对 ICO 成功的影响

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-07-10 DOI: 10.1007/s11187-024-00945-9

Johannes Fuchs, Paul P. Momtaz

引用次数: 0

Keeping pace with the digital transformation — exploring the digital orientation of SMEs 跟上数字化转型的步伐--探索中小企业的数字化发展方向

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-07-06 DOI: 10.1007/s11187-024-00947-7

Kevin Escoz Barragan, Felix Simon Rudolf Becker

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Cyberattack, cyber risk mitigation capabilities, and firm productivity in Kenya 肯尼亚的网络攻击、网络风险缓解能力和企业生产力

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-07-05 DOI: 10.1007/s11187-024-00946-8

Godsway Korku Tetteh, Chuks Otioma

{"title":"Cyberattack, cyber risk mitigation capabilities, and firm productivity in Kenya","authors":"Godsway Korku Tetteh, Chuks Otioma","doi":"10.1007/s11187-024-00946-8","DOIUrl":"https://doi.org/10.1007/s11187-024-00946-8","url":null,"abstract":"Most scholarly work has focused on the positive effects of digitalisation in Sub-Saharan Africa without accounting for the associated risks and mitigation measures at the firm level. Using the 2016 Enterprise ICT Survey of Kenya which provides a rich source of information on the use of ICT among firms, we examine the effect of cybersecurity breach on labour productivity and show how this effect is moderated by cyber risk mitigation capabilities at the firm level. We find that cybersecurity breach reduces labour productivity at the firm level. We also find that upskilling mitigates the negative effect of cybersecurity breach on labour productivity especially for Small and Medium-sized Enterprises. The results further suggest that while Information Technology Policy and Information Technology Security capabilities can enable firms to improve labour productivity, these measures are not sufficient to offset the adverse effect of cybersecurity breach on labour productivity. Together the results imply that upskilling is an effective cyber risk mitigation measure against cybersecurity breaches at the firm level and therefore should be an integral part of the overarching IT governance strategy of firms.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"108 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141545884","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Risky business: venture capital, pivoting and scaling 风险业务：风险资本、转向和扩展

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-07-02 DOI: 10.1007/s11187-024-00944-w

Pehr-Johan Norbäck, Lars Persson, Joacim Tåg

引用次数: 0

Government procurement contracts, external audit certification, and financing of small- and medium-sized enterprises 政府采购合同、外部审计认证和中小企业融资

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-06-28 DOI: 10.1007/s11187-024-00940-0

Kelvin Mugambi Kinyua, Frederick Kibon Changwony, Kevin Campbell

{"title":"Government procurement contracts, external audit certification, and financing of small- and medium-sized enterprises","authors":"Kelvin Mugambi Kinyua, Frederick Kibon Changwony, Kevin Campbell","doi":"10.1007/s11187-024-00940-0","DOIUrl":"https://doi.org/10.1007/s11187-024-00940-0","url":null,"abstract":"Entrepreneurs worldwide often face obstacles in financing their businesses, hindering their ability to grow. Government procurement offers an opportunity to access lucrative contracts and benefit from a procurement auditing process that could enhance access to finance. Likewise, externally audited financial statements can enhance credibility and lessen financing hurdles. We examine whether government procurement contracts and external audit certifications jointly influence financing access and whether ownership, size, and firm age matter. We find that access to finance is more likely to be an obstacle to the operations of small- and medium-sized enterprises (SMEs) with government procurement contracts than those without such contracts, regardless of whether they seek external audit certification. Additionally, the effect of external audit certification on the likelihood of access to finance being an obstacle to SME operations reduces sharply with foreign ownership, size, and age for SMEs involved in government procurement. We also find that the impact of government procurement contracts reverses for SMEs in low- and lower-middle-income countries. Our findings have policy implications, especially with the growing implementation of affirmative action programs to promote the involvement of SMEs in government procurement.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"54 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2024-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141463077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Intensive personal mentoring: accelerators’ secret sauce 强化个人指导：加速器的秘诀

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-06-25 DOI: 10.1007/s11187-024-00943-x

Eyal Rechter, Gil Avnimelech

{"title":"Intensive personal mentoring: accelerators’ secret sauce","authors":"Eyal Rechter, Gil Avnimelech","doi":"10.1007/s11187-024-00943-x","DOIUrl":"https://doi.org/10.1007/s11187-024-00943-x","url":null,"abstract":"Over the past fifteen years, the startup accelerator sector has emerged as a vital component in the entrepreneurial ecosystem, offering structured support to novice entrepreneurs. This study explores the impact of mentorship within accelerators, shedding light on the critical role mentors play in the success of early-stage entrepreneurs. Utilizing comprehensive data from 779 graduates of Israeli accelerators, we investigate six dimensions where accelerators enhance entrepreneurial success: entrepreneurial human capital, network expansion, fundraising skills, legitimacy, psychological development, and operational progress of the venture. We hypothesize that mentorship amplifies accelerators’ impact across these dimensions. Our findings confirm that founders who engage with personal mentors during accelerators, rather than solely relying on ad-hoc experts, and those with more intensive mentorship experience significantly greater progress across all six dimensions. These findings hold when accounting for background variables. These insights enrich the study of accelerators, emphasizing the value of personal mentorship in enhancing the positive effects of accelerators","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"83 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2024-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141448075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Financial statement audit and regulatory focus in equity crowdfunding decisions 股权众筹决策中的财务报表审计和监管重点

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-06-20 DOI: 10.1007/s11187-024-00941-z

Regan Stevenson, Jared Eutsler, Bradley Lang, Jesse C. Robertson

{"title":"Financial statement audit and regulatory focus in equity crowdfunding decisions","authors":"Regan Stevenson, Jared Eutsler, Bradley Lang, Jesse C. Robertson","doi":"10.1007/s11187-024-00941-z","DOIUrl":"https://doi.org/10.1007/s11187-024-00941-z","url":null,"abstract":"Equity crowdfunding (ECF) allows amateur investors to fund startups and small and medium-size enterprises (SMEs). Unlike initial public offerings, ECF requires minimal disclosures, fast-tracking equity raising. ECF's popularity has surged, yet little is known about how assurance services might impact investor decisions. Drawing on regulatory focus theory, we examine how independent assurance, pitch characteristics, and investor regulatory focus influence investment decisions in ECF. Our results support our hypotheses that audits of historical financial information increase ECF investors’ likelihood to invest. Further, interactions between the audit, investors’ regulatory focus, and the regulatory focus of the ECF pitch increase investment such that the presence of an audit increases investment for prevention-focused individuals, and especially the audit is most likely to increase investment for prevention-focused investors when the SME’s pitch is also prevention-focused. Overall, we contribute to literature by exploring the influence of assurance in a new context of ECF, shedding light on previously unexplored aspects of investor decision-making.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"12 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2024-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141430586","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Culture and social entrepreneurship: the role of value-practice misalignment 文化与社会创业：价值与实践错位的作用

IF 6.4 1区经济学

Small Business Economics Pub Date : 2024-06-13 DOI: 10.1007/s11187-024-00938-8

Katrina M. Brownell, Diana M. Hechavarria, Colleen C. Robb, Jill Kickul

引用次数: 0