Small Business Economics最新文献_第6页

Examining the impact of adaptive financial strategies on SME performance: insights from the COVID-19 pandemic 研究适应性财务战略对中小企业绩效的影响：来自2019冠状病毒病大流行的见解

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-02-07 DOI: 10.1007/s11187-025-01011-8

Simon Raby, Reza H. Chowdhury

{"title":"Examining the impact of adaptive financial strategies on SME performance: insights from the COVID-19 pandemic","authors":"Simon Raby, Reza H. Chowdhury","doi":"10.1007/s11187-025-01011-8","DOIUrl":"https://doi.org/10.1007/s11187-025-01011-8","url":null,"abstract":"Smaller businesses are notably sensitive to fluctuations in their external operating environment. Characterized as a “liability of volatility,” this inherent susceptibility can result in a lack of adequate resources, including financial reserves, to withstand unforeseen challenges. However, small businesses possess the capability to respond with greater flexibility, as their leaders make resource allocation decisions tailored to their specific needs. In this study, we delve into the role of the crisis entrepreneur and examine the financial actions they take while navigating the intricate landscape shaped by the global COVID-19 Pandemic (Pandemic). Our exploration is centered on the Canadian context, drawing insights from a dataset comprising 530 entrepreneurs. Our findings underscore the pivotal role of financial actions taken by small businesses in response to crises. These measures emerged as primary drivers, propelling these businesses toward the adoption of innovative strategic directions. Furthermore, our study demonstrates that these strategic shifts significantly increased the likelihood of these enterprises warding off exit and achieving heightened revenue growth in the post-Pandemic period.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"62 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143258478","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

Founder gender and firm exit routes: The mediating roles of firm size and VC financing 创始人性别与企业退出途径：企业规模与风险融资的中介作用

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-02-07 DOI: 10.1007/s11187-025-01006-5

R. Isil Yavuz, Sonal Kumar, Leila Zbib, Peter Nigro

引用次数: 0

Pre-entry experience, knowledge inheritance, and entrepreneurial resource mobilization 入职前经验、知识传承、创业资源调动

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-02-03 DOI: 10.1007/s11187-025-01003-8

Vilma Chila, Shivaram V. Devarakonda, Xavier Martin

引用次数: 0

Matching entrepreneurs with coaches to ignite entrepreneurial learning 将企业家与教练配对，以激发创业学习

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-01-31 DOI: 10.1007/s11187-025-01000-x

Matthew R. Marvel, Brian D. Webster, Donald F. Kuratko, David B. Audretsch

引用次数: 0

Neo-Schumpeterian growth theory: missing entrepreneurs results in incomplete policy advice 新熊彼特增长理论：企业家缺失导致政策建议不完整

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-01-28 DOI: 10.1007/s11187-024-00994-0

Magnus Henrekson, Dan Johansson

{"title":"Neo-Schumpeterian growth theory: missing entrepreneurs results in incomplete policy advice","authors":"Magnus Henrekson, Dan Johansson","doi":"10.1007/s11187-024-00994-0","DOIUrl":"https://doi.org/10.1007/s11187-024-00994-0","url":null,"abstract":"The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability distribution, the entrepreneur is made redundant. Thus, the theory fails to exhaustively explain innovation, the role of ownership competence, profits, the function of financial markets, wealth and income distribution, and, ultimately, economic growth. These shortcomings risk leading to erroneous or overly narrow policy conclusions by overestimating the importance of supporting R&D investments. Rather, the presence of genuine uncertainty forms a fundamental theoretical basis for the importance of new venture creation as a source of innovation-driven growth; entrepreneurs must establish and expand firms to capture the subjectively perceived profit opportunities. Therefore, tax policy is decisive for the commercialization and dissemination of innovations by providing incentives to uncertainty-bearing, not only for entrepreneurs, but also for intrapreneurs and financiers taking an active part in the governance and development of firms based on innovations characterized by genuine uncertainty. Furthermore, taxation can distort the evolutionary selection of innovations and firms, for instance, by taxing owners and firms differently.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"59 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143049975","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

Hidden champions and knowledge spillovers: innovation-enhancing agglomeration effects and niche technology specificity 隐性冠军与知识溢出：创新增强集聚效应与利基技术专用性

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-01-27 DOI: 10.1007/s11187-025-00999-3

Erik E. Lehmann, Julian Schenkenhofer, Silvio Vismara

{"title":"Hidden champions and knowledge spillovers: innovation-enhancing agglomeration effects and niche technology specificity","authors":"Erik E. Lehmann, Julian Schenkenhofer, Silvio Vismara","doi":"10.1007/s11187-025-00999-3","DOIUrl":"https://doi.org/10.1007/s11187-025-00999-3","url":null,"abstract":"To achieve market and technology leadership, innovation is essential for niche market leaders. While research suggests that regions benefit economically from a high concentration of niche market leaders, it is still unclear which role locating close to one another plays for their innovation performance. Therefore, we contribute to existing literature that studies external factors of firm-level innovation. We analyze 1372 German niche market leaders and study whether (1) being located in a cluster improves their innovation performance and (2) if the impact of locating in a cluster varies depending on the diversity of industries within the cluster. We measured the spatial agglomeration using the location quotient. Our findings show that being located in a cluster increases the patenting rate by 1.49 times. This effect is more pronounced in clusters with more diverse industries, indicating a lower level of technology specificity. This suggests that technology specificity has an impact on a company’s ability to take advantage of positive knowledge from other companies in the same cluster. Finally, we conducted several tests to ensure the robustness of our analysis. The Modifiable Areal Unit Problem (MAUP) refers to the discretionary choice of the spatial unit, and we tested different spatial unit levels to account for this. Additionally, we used entropy balancing to confirm the positive effect of cluster location on innovation, comparing with a control set of mass-market firms. Our study concludes with implications for both corporate management and public policy.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"7 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143044113","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

Small and vulnerable during crises? Firm size and financing constraint dynamics 在危机期间又小又脆弱？企业规模与融资约束动态

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-01-24 DOI: 10.1007/s11187-024-00996-y

David Heller, Pantelis Karapanagiotis, Øivind A. Nilsen

引用次数: 0

The influence of venture capital and university ownership on spin-off’s bank loan access: a synergistic effect 风险投资和大学所有权对分拆企业获得银行贷款的影响：协同效应

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-01-23 DOI: 10.1007/s11187-024-00995-z

Nicola Del Sarto, Elisa Bocchialini, Lorenzo Gai, Federica Ielasi

引用次数: 0

From values to ventures: how value priorities influence entrepreneurial well-being 从价值观到企业：价值优先级如何影响企业家福祉

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-01-21 DOI: 10.1007/s11187-024-00984-2

Evelien P. M. Croonen, Florian Noseleit, Michael Wyrwich

{"title":"From values to ventures: how value priorities influence entrepreneurial well-being","authors":"Evelien P. M. Croonen, Florian Noseleit, Michael Wyrwich","doi":"10.1007/s11187-024-00984-2","DOIUrl":"https://doi.org/10.1007/s11187-024-00984-2","url":null,"abstract":"We highlight the importance of considering diversity in individuals’ value priorities and their career and venture types to explain different dimensions of eudaimonic well-being. Analyzing European Social Survey data, we find that individuals who value openness to change are more likely to become entrepreneurs than employees, regardless of the sector in which they operate. In contrast, those who value self-transcendence are more inclined to pursue entrepreneurship in socially-oriented sectors. Related to eudaimonic well-being outcomes, entrepreneurs in other sectors tend to experience higher levels of autonomy in life. Furthermore, we observe that entrepreneurs in both socially-oriented and other sectors report a higher sense of meaningfulness in life than employees, but the effect is stronger for entrepreneurs in socially-oriented sectors. A key practical takeaway is that individuals should identify their core values to pursue (entrepreneurial) career types that align with these values, enhancing specific aspects of eudaimonic well-being. Similarly, policymakers and educators can encourage value-based career choices through public awareness campaigns and by integrating values into educational programs, ultimately improving well-being of societal members.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"13 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142991208","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

Balancing act or two roads to travel: Evaluating the trade-offs between digitalization and net zero innovation in SMEs 平衡行动或两条道路：评估中小企业数字化与净零创新之间的权衡

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-01-20 DOI: 10.1007/s11187-025-00998-4

Effie Kesidou, Anastasia Ri, Stephen Roper

引用次数: 0