Small Business Economics

1992 - 2025

Current editor(s): Zoltan J. Acs and David B. Audretsch

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Volume 65, issue 3, 2025

Entrepreneurial ecosystem as a spatially fluid concept: new territorial perspectives on entrepreneurship pp. 1283-1300

Bruno Fischer, Maribel Guerrero, Heike Mayer, Dirk Meissner, Susann Schäfer and Christina Theodoraki

Connectedness of entrepreneurial ecosystems: the impact of VC financing mobility on startup valuations pp. 1301-1325

Peter Wirtz and Max Berre

Entrepreneurial ecosystems and interregional flows of entrepreneurial talent pp. 1327-1361

Leonardo Mazzoni, Massimo Riccaboni and Erik Stam

Pushing the boundaries of entrepreneurial ecosystems: antecedents to international network activity of entrepreneurial firms pp. 1363-1384

Eve-Michelle Basu, Angelika Lindstrand and Joakim Fichtel

Understanding the role of place in emerging organisational fields: a comparative analysis of nascent ICT entrepreneurial ecosystems in Japan pp. 1385-1406

Agata Kapturkiewicz

International linkages between entrepreneurial ecosystems: understanding the role of corporate accelerators pp. 1407-1426

Moyra Marval

No islands of entrepreneurship—mapping the trans-local dimension of entrepreneurial ecosystems through networks of accelerator participation pp. 1427-1442

Andreas Kuebart, Erica Santini and Valentina Forrer

Publisher Correction: No islands of entrepreneurship—mapping the trans-local dimension of entrepreneurial ecosystems through networks of accelerator participation pp. 1443-1445

Andreas Kuebart, Erica Santini and Valentina Forrer

We are in this together: leading resource exchange between entrepreneurial ecosystems to strategically steer their development pp. 1447-1464

Matthias Fink, Daniela Maresch, Ludovit Garzik and Rainer Harms

Creating an entrepreneurial ecosystem in a ‘knowledge desert’: the role of international connectivity and public institutional support pp. 1465-1482

Majella Giblin, Carlos Rodriguez, Giulio Buciuni and Paul Ryan

Exploring spatial network structures in entrepreneurial ecosystems: a network and clustering analysis of global venture funding flows pp. 1483-1500

Nicolas Victor Noak and Lance Christian

Unpacking the money-distance nexus: mapping the spatial configuration of exogenous entrepreneurial finance across UK entrepreneurial ecosystems pp. 1501-1515

Ross Brown, Augusto Rocha, Haoran Sun and Marc Cowling

Connectedness of entrepreneurial ecosystems: evidence from the mobility of knowledge-intensive entrepreneurs pp. 1517-1534

Matteo Spinazzola, Veronica Scuotto, Marco Pironti and Manlio Giudice

Opening entrepreneurial ecosystem black boxes pp. 1535-1545

Erik Stam, Christina Theodoraki, Niels Bosma, Didier Chabaud and Grégory Guéneau

Different strokes for different folks: a configurational analysis of entrepreneurial ecosystems pp. 1547-1569

Daniel L. Bennett, Siddharth Vedula and Michael Araki

How do successful exits impact regional development? Longitudinal evidence from European cities pp. 1571-1593

Aaron Defort, Michael Fröhlich, Paul Neuroth and Isabell Welpe

Greening pastures: Ecosystems for sustainable entrepreneurship pp. 1595-1616

Jip Leendertse and Frank Rijnsoever

Measuring entrepreneurial ecosystems across levels: a district approach pp. 1617-1649

Sophia Hess, Andreas Wahl and Alan R. Johnson

Stagnating or flourishing? How entrepreneurial support organizations navigate constraints in nascent ecosystems pp. 1651-1679

Giovanni Negri, Giacomo Ciambotti, Christina Theodoraki and David Littlewood

Multinational enterprise spillover mechanisms in the genesis and evolution of entrepreneurial ecosystems pp. 1681-1700

Syed Ali Adnan Rizvi, Giulio Buciuni and Paul Ryan

Values and entrepreneurship in the sustainable society: toward a multilevel understanding of entrepreneurial value practices pp. 1701-1725

David B. Audretsch, Maksim Belitski, Antje Fiedler and Marie Madeleine Meurer

Sustainability orientation of academic spinoffs: does it pay? pp. 1727-1753

Alice Civera and Michele Meoli

Agencing entrepreneurial ecosystems for sustainability: A systematic review to rethink values, transformation, and boundaries pp. 1755-1790

Patrick Gregori, Erich Schwarz and Patrick Holzmann

Green signals of new ventures: investigating the impact of environmental orientation on funding and the moderating role of lead venture capitalists pp. 1791-1810

Verena Hossnofsky, Patrick-Peter Herold, Franziska Schlichte and Sebastian Junge

When values are not enough: the role of external enablement in early stage, sustainability-oriented industry creation pp. 1811-1838

Sarfraz A. Kyani, Per Davidsson, Dietmar W. Hutmacher and Martin Obschonka

Peer support and value creation among women entrepreneurs pp. 1839-1876

Anna-Katharina Lenz, Birgit Muskat and Renata Peregrino Brito

Failure signals in sustainable crowdfunding: distinct reactions driven by crowd investors’ experience pp. 1877-1907

Caroline Lindlar, Eva Alexandra Jakob, Jeannette Mai Dinh and Marius Claus Wehner

Institutional enablers for sustainable entrepreneurship: a configurational analysis pp. 1909-1930

Carolin Maaßen, Tatiana Lopez and David Urbano

“When two worlds collide” conflicting logics in indigenous community-based enterprises pp. 1931-1951

Carlos Poblete and Cristina Acuña

Civic awareness of social entrepreneurship and consumer boycotts: A collective action approach pp. 1953-1973

Julian Schenkenhofer and Silvio Vismara

Grow, grow, grow? Stakeholder value creation by high-growth firms pp. 1975-2003

Mirella Schrijvers and Jan Jacob Vogelaar

Crisis as a catalyst: how the pre-existing values of entrepreneurs shape strategic crisis responses pp. 2005-2032

Olivia Tomlinson, Noemi Sinkovics, Rudolf R. Sinkovics and Benjamin Fath

What drives micro-entrepreneurs’ value-oriented innovative behavior in microfinance: an entrepreneurial resourcefulness perspective pp. 2033-2062

Jing A. Zhang, Conor O’Kane and Denis Griffin

Volume 65, issue 2, 2025

Christina Guenther: a commemoration pp. 747-748

David B. Audretsch, Adam Lederer and Nicholas Philipson

Shaping and furthering core conversations in entrepreneurship research: Dean A. Shepherd recipient of the 2025 Global Award for Entrepreneurship Research pp. 749-756

Ethel Brundin, Magnus Henrekson, Alexander Ljungqvist, Lucia Naldi, Mikael Stenkula, Caroline Wigren-Kristoferson, Joakim Wincent and Ivo Zander

An entrepreneurial journey: reflecting on “me-search,” “we-search,” and the non-WEIRD pp. 757-761

Dean A. Shepherd

Entrepreneurial finance in an extended period of crises pp. 763-776

Alexander Peter Groh, Christina Guenther, Denis Schweizer and Silvio Vismara

Bank financing for SMEs in times of crisis: when “whatever-it-takes” confronts “black swans” pp. 777-812

Ling Wang

The impact of government financial aid and digital tools on firm survival during the COVID-19 pandemic pp. 813-836

David Bruce Audretsch, Martina Aronica, Maksim Belitski, Davide Caddemi and Davide Piacentino

Entrepreneurial finance and the survival of equity-funded firms in crisis periods: the case of COVID-19 pp. 837-870

Marek Kacer, Nicholas Wilson, Sana Zouari and Marc Cowling

The times they are a‐changin’: how venture capital firms change their investment practices under the COVID-19 pandemic pp. 871-893

Matteo Ambrois, Vincenzo Butticè, Annalisa Croce, Luca Grilli and Elisa Ughetto

Examining the impact of adaptive financial strategies on SME performance: insights from the COVID-19 pandemic pp. 895-913

Simon Raby and Reza H. Chowdhury

The Virus and the Citadel: exploring the performance impact of business group affiliation for small businesses throughout the COVID-19 pandemic pp. 915-946

Anaïs Hamelin and Vivien Lefebvre

The role of institutions in supporting SME financing through the trade credit channel: an empirical analysis of Italian provinces pp. 947-972

Fabrizio Coricelli, Marco Frigerio and Pietro Vozzella

Maker motives and entrepreneurial opportunity evaluation in academic makerspaces pp. 973-993

Joern Block, Christian Brandstetter and Michael A. Zaggl

Time after time: exploring the role of CSR on employees’ long-lasting working relationships in Italy pp. 995-1021

Ulpiana Kocollari, Fabio Demaria and Maddalena Cavicchioli

Immigrant self-employment in turbulent times pp. 1023-1046

Mats Hammarstedt and Per Skedinger

Educational diversity and work experience paths towards entrepreneurship pp. 1047-1069

Qiantao Zhang, Chiara Marzocchi and Shiri M. Breznitz

Is green public procurement a deterrent for SMEs? Empirical evidence from France pp. 1071-1094

Adrien Deschamps

Firms’ expectations about skill shortages pp. 1095-1112

Helena Antonie Baier, Philipp Lergetporer and Thomas Rittmannsberger

Indirect effects of R&D subsidies: labor mobility as a channel for knowledge spillovers pp. 1113-1140

Abdulaziz Reshid, Erik Hegelund and Peter Svensson

What increases the urban–rural gap in firm entry rates? pp. 1141-1158

Younjun Kim and Peter F. Orazem

From poverty trap to commodity trap: entrepreneurship and well-being among the poor pp. 1159-1181

Michael H. Morris, Sohrab Soleimanof, Marcello Calle and Reginald Tucker

Why SMEs go to crowdfunding? The role of financial constraints and agency issues pp. 1183-1207

Francesco Fasano, Maurizio La Rocca, F. Javier Sánchez-Vidal and Yassine Boutouar

The complex causality of gender and entrepreneurship: to grow or not to grow? pp. 1209-1240

Evan J. Douglas and Vidhula Venugopal

A path-centric account of action-oriented entrepreneurship training pp. 1241-1282

Michael M. Gielnik, Blagoy Blagoev and Lemayon L. Melyoki

Volume 65, issue 1, 2025

Matching entrepreneurs with coaches to ignite entrepreneurial learning pp. 1-23

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

A social milieu perspective of parental influence on adolescents’ entrepreneurial and employment intentions pp. 25-60

Evan J. Douglas, Helen E. Salavou and Xenia J. Mamakou

Lean on me, firm: evidence from a management consulting program pp. 61-78

André A. Castro and Philipp Ehrl

From values to ventures: how value priorities influence entrepreneurial well-being pp. 79-105

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

Ethnic diversity in SME business teams: generating employment growth through digitalisation, innovation, and exporting pp. 107-130

Julia Korosteleva, Tomasz Mickiewicz and Mario Davide Parrilli

Firm growth and financial constraints: evidence from a policy-based loan program pp. 131-162

Timothy E. Dore, Tetsuji Okazaki, Ken Onishi and Naoki Wakamori

Undocumented immigrants and the growth of Hispanic entrepreneurship pp. 163-189

Chunbei Wang and Le Wang

Greening the future: how venture capital nurtures cleantech companies’ growth in Europe pp. 191-229

Matteo Ambrois, Annalisa Croce and Elisa Ughetto

Gender differences in entrepreneurial equity financing—a systematic literature review pp. 231-286

Kevin Koziol, Maja Schmitz and Suleika Bort

Entrepreneurial teams and gender roles: evidence from equity crowdfunding achievement pp. 287-314

Hwei-Lin Chuang, Yang Zhao and Tingting Zhu

Signaling and perceiving on equity crowdfunding decisions — a machine learning approach pp. 315-356

Jinjuan Yang, Jiayuan Xin, Yan Zeng and Pei Jose Liu

Hubristic founders and entrepreneurial exit: a proposed framework pp. 357-380

Pasquale Massimo Picone, Nadia Di Paola and Giovanni Battista Dagnino

Truth, knowledge, and entrepreneurship theory: arguments for a rationalist scientific epistemology pp. 381-405

Mark D. Packard and Per Bylund

Neo-Schumpeterian growth theory: missing entrepreneurs results in incomplete policy advice pp. 407-425

Magnus Henrekson and Dan Johansson

The influence of venture capital and university ownership on spin-off’s bank loan access: a synergistic effect pp. 427-449

Nicola Sarto, Elisa Bocchialini, Lorenzo Gai and Federica Ielasi

Small and vulnerable during crises? Firm size and financing constraint dynamics pp. 451-473

David Heller, Pantelis Karapanagiotis and Øivind Nilsen

Big businesses versus institutions for entrepreneurship: new firm creation and growth in China pp. 475-507

Shanji Xin and Keun Lee

Political participation and new venture decentralization: an attention-based view pp. 509-533

Di Song and Xuan Huang

When the paradox of openness meets the paradox of ability-willingness: family ownership and open innovation partnerships pp. 535-559

Feng Dong, Minhui Tang, Xiao Wang and Jiawen Chen

Pre-entry experience, knowledge inheritance, and entrepreneurial resource mobilization pp. 561-584

Vilma Chila, Shivaram V. Devarakonda and Xavier Martin

Slack resources as anchors or accelerators in strategic changes: family ownership as a moderator pp. 585-611

Tristan Blick, Ine Paeleman and Eddy Laveren

Governors’ Tenure and Venture Capital Firms’ Early-stage Investing: A Subnational Institutional Perspective pp. 613-642

Rui Shen, Qingyun Lu, Jun Yang and Can Li

Founder gender and firm exit routes: The mediating roles of firm size and VC financing pp. 643-666

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

Logics at play: How logics shape interactions across entrepreneurial ecosystems pp. 667-691

Jip Leendertse, Yvette Baggen, Maral Mahdad and Sharon Dolmans

Learning from prior national and international collaborations and eco-innovation: the moderating role of alliance portfolio diversity pp. 693-717

María Teresa Bolívar-Ramos and Dante I. Leyva- de la Hiz

AI, robots and innovation in European SMEs pp. 719-745

Agustí Segarra-Blasco, Josep Tomàs-Porres and Mercedes Teruel