{"title":"面对风险衰退的基于承诺的坚持:走向小企业导向的新方法","authors":"P. Valeau","doi":"10.1080/08985626.2022.2152107","DOIUrl":null,"url":null,"abstract":"ABSTRACT The development of a nation or a region depends on saving existing businesses as much as on creating new ones. Small business orientation theories suggest that small business owners’ long-term commitment may contribute to the robustness of their venture. Our study further investigates the relationship between small business owners’ affective, continuance and normative commitment and intention to persist with an underperforming venture. Based on a sample of 298 small business owners from Reunion Island, our results first confirm a negative effect of venture decline on small business owners’ intention to persist with their venture. Second, they show a positive effect of affective and continuance commitment on venture persistence. Finally, our main finding is that venture performance positively moderates the effect of normative commitment, with the latter only becoming significant when venture performance declines. This research renews small business orientation theory by suggesting that robustness is not always straightforward and sometimes means persisting in the face of decline, and by arguing that these adverse circumstances put small business owners to the test and fully reveal the strength of their commitment.","PeriodicalId":54210,"journal":{"name":"Entrepreneurship and Regional Development","volume":"1 1","pages":"366 - 381"},"PeriodicalIF":3.3000,"publicationDate":"2022-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Commitment-based persistence in the face of venture decline: towards a renewed approach to small business orientation\",\"authors\":\"P. Valeau\",\"doi\":\"10.1080/08985626.2022.2152107\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"ABSTRACT The development of a nation or a region depends on saving existing businesses as much as on creating new ones. Small business orientation theories suggest that small business owners’ long-term commitment may contribute to the robustness of their venture. Our study further investigates the relationship between small business owners’ affective, continuance and normative commitment and intention to persist with an underperforming venture. Based on a sample of 298 small business owners from Reunion Island, our results first confirm a negative effect of venture decline on small business owners’ intention to persist with their venture. Second, they show a positive effect of affective and continuance commitment on venture persistence. Finally, our main finding is that venture performance positively moderates the effect of normative commitment, with the latter only becoming significant when venture performance declines. This research renews small business orientation theory by suggesting that robustness is not always straightforward and sometimes means persisting in the face of decline, and by arguing that these adverse circumstances put small business owners to the test and fully reveal the strength of their commitment.\",\"PeriodicalId\":54210,\"journal\":{\"name\":\"Entrepreneurship and Regional Development\",\"volume\":\"1 1\",\"pages\":\"366 - 381\"},\"PeriodicalIF\":3.3000,\"publicationDate\":\"2022-11-29\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Entrepreneurship and Regional Development\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1080/08985626.2022.2152107\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Entrepreneurship and Regional Development","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/08985626.2022.2152107","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
Commitment-based persistence in the face of venture decline: towards a renewed approach to small business orientation
ABSTRACT The development of a nation or a region depends on saving existing businesses as much as on creating new ones. Small business orientation theories suggest that small business owners’ long-term commitment may contribute to the robustness of their venture. Our study further investigates the relationship between small business owners’ affective, continuance and normative commitment and intention to persist with an underperforming venture. Based on a sample of 298 small business owners from Reunion Island, our results first confirm a negative effect of venture decline on small business owners’ intention to persist with their venture. Second, they show a positive effect of affective and continuance commitment on venture persistence. Finally, our main finding is that venture performance positively moderates the effect of normative commitment, with the latter only becoming significant when venture performance declines. This research renews small business orientation theory by suggesting that robustness is not always straightforward and sometimes means persisting in the face of decline, and by arguing that these adverse circumstances put small business owners to the test and fully reveal the strength of their commitment.
期刊介绍:
Entrepreneurship and Regional Development is unique in that it addresses the central factors in economic development - entrepreneurial vitality and innovation - as local and regional phenomena. It provides a multi-disciplinary forum for researchers and practitioners in the field of entrepreneurship and small firm development and for those studying and developing the local and regional context in which entrepreneurs emerge, innovate and establish the new economic activities which drive economic growth and create new economic wealth and employment. The Journal focuses on the diverse and complex characteristics of local and regional economies which lead to entrepreneurial vitality and endow the large and small firms within them with international competitiveness.