Small Business Economics

1992 - 2025

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

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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

Volume 64, issue 4, 2025

Is sustainable entrepreneurship profitable? ESG disclosure and the financial performance of SMEs pp. 1535-1564

Paul P. Momtaz and Isabel M. Parra

How unemployment benefit duration shapes startup motivation and growth pp. 1565-1600

Sebastian Camarero Garcia and Martin Murmann

Investment grants and firms’ productivity: how effective is a grant booster shot? pp. 1601-1641

Fernando Alexandre, Miguel Chaves and Miguel Portela

The non-linear impact of risk tolerance on entrepreneurial profit and business survival pp. 1643-1670

Melanie Koch and Lukas Menkhoff

Colors and Entrepreneurial Activities: An Exploratory Study pp. 1671-1677

Nancy Hodges, Michael J. Kane and Albert Link

Digital equity and government support during COVID-19 pp. 1679-1705

Shabnam Kazembalaghi, Jerry Coakley, José M. Liñares-Zegarra and Silvio Vismara

Women-led ventures: target margins in emerging markets pp. 1707-1721

Natalia Cantet, Brian Feld and Estefany Peña-Rojas

Blooming in the cracks: productive entrepreneurship amid institutional voids pp. 1723-1762

Zeynab Aeeni, Mehrzad Saeedikiya, Kamal Sakhdari and Vahid J. Sadeghi

(De)centralized governance and the value of platform-based new ventures: The moderating role of teams and transparency pp. 1763-1790

Pierluigi Martino, Tom Vanacker, Igor Filatotchev and Cristiano Bellavitis

Public sector entrepreneurship: an integrative review pp. 1791-1815

Roberto Vivona, Tommy H. Clausen, Petter Gullmark, Emre Cinar and Mehmet Akif Demircioglu

A meta-analysis of entrepreneurial ecosystem elements and entrepreneurial activity pp. 1817-1847

Martin Queissner, Lennard Stolz and Matthias Weiss

Speed of pro-market reforms and entrepreneurial innovation pp. 1849-1876

Lucio Fuentelsaz, Consuelo González and Minerva González

Outside or inside the firm? The impact of debt financing on the exit routes of start-up firms pp. 1877-1900

Yuji Honjo, Yunosuke Iwaki and Masatoshi Kato

Navigating challenges: lean inventory management and SMEs performance during the COVID-19 crisis and beyond pp. 1901-1927

Vivien Lefebvre

From one to many: education, diversity, and international experience in habitual vs. one-time founders pp. 1929-1951

Francesca Sanguineti, Antonio Majocchi and Christian Lechner

Financial performance of new circular economy companies in rural settings pp. 1953-1980

Adriana Serrano Magdalena, Beatriz Cuellar Fernández and Yolanda Fuertes Callén

Opportunity and necessity entrepreneurship: do linguistic structures matter? pp. 1981-2012

Nabamita Dutta, Russell S. Sobel, Adam Stivers and Thor Lienhard

Save for a rainy day? How regional household savings constrain entrepreneurship after a natural disaster pp. 2013-2033

Jiabin Zhang, Joeri Hugten and Wouter Stam

Entrepreneurs’ impatience and digital technologies pp. 2035-2060

S. Basiglio, A. Ricci and M. Rossi

Digital adoption and human capital upscaling: a regional study of the manufacturing sector pp. 2061-2103

Roberto Moncada, Francesco Carbonero, Aldo Geuna and Luigi Riso

Sexual orientation, entrepreneurship, and firm survival pp. 2105-2132

Mikaela Backman, Christopher S. Carpenter, Erwan Dujeancourt and Samuel Mann

You are only as strong as your weakest link: Founder and community social capital and start-up survival pp. 2133-2152

Christopher Boudreaux, Steven W. Bradley, Anand Jha and Joao F. Mazzoni

Gender attitudes and business venturing in low gender egalitarianism culture: a study of Egypt and Jordan pp. 2153-2177

Bach Nguyen, Muntasir Shami and Fujia Li

Bureaucracy, work organization, and the transition to entrepreneurship pp. 2179-2195

Jacob Rubæk Holm, Kristian Nielsen and Bram Timmermans

CEO power and strategic persistence: evidence from post-IPO firms in China pp. 2197-2222

Tang Wang, Dirk Libaers and Hao Jiao

Small business stories in the formation of enterprise policy: a narrative policy analysis of the UK Bolton Committee pp. 2223-2238

Robert Wapshott and Oliver Mallett

Volume 64, issue 3, 2025

Gender homophily and local bias in equity crowdfunding pp. 805-836

Dandan Wang and Jörg Prokop

‘In the company of cheerful ladies’: whether female entrepreneurs are more productive? pp. 837-861

Tomasz Mickiewicz and Bach Nguyen

Culture and social entrepreneurship: the role of value-practice misalignment pp. 863-887

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

Signaling and herding in reward-based crowdfunding pp. 889-916

Gabriel Rodríguez-Garnica, María Gutiérrez-Urtiaga and Josep A. Tribo

Firms’ borrowing costs and neighbors’ flood risk pp. 917-933

Thomas Bassetti, Lorenzo Dal Maso and Valentina Pieroni

Linking biases and paradoxes in the family entrepreneurship context: an integrative framework for future research pp. 935-956

Minas N. Kastanakis, Katerina Kampouri, Christian Linder, Michael Christofi and Alfredo Massis

Microfranchising and necessity entrepreneurs pp. 957-987

Brett R. Devine

Advisors for micro-entrepreneurs: is one as good as another in accessing alternative finance? pp. 989-1033

Maria Gaia Soana, Doriana Cucinelli and Beatrice Ronchini

Organizing transactions between entrepreneurs and human capital resources under Knightian uncertainty pp. 1035-1055

Ryan W. Angus and Matthew A. Barlow

Decoding value exchange in entrepreneurial ecosystems through a service-dominant lens pp. 1057-1081

Colin Donaldson, Robert Newbery, Jasmina Berbegal-Mirabent and Andreas Kallmuenzer

Regional embeddedness is the key: Quantity and quality of regional business opportunity perception pp. 1083-1109

Jessica Birkholz

Unpacking the relationship between sense of place and entrepreneurs’ well-being pp. 1111-1139

Teemu Kautonen, Aracely Soto-Simeone and Ewald Kibler

From independent inventor to inventor entrepreneur: an application of the knowledge spillover theory of entrepreneurship pp. 1141-1161

Kevin A. Miceli, Shirish Sundaresan, Atul Nerkar and Tian Chen

Government procurement contracts, external audit certification, and financing of small- and medium-sized enterprises pp. 1163-1231

Kelvin Mugambi Kinyua, Frederick Kibon Changwony and Kevin Campbell

Financial statement audit and regulatory focus in equity crowdfunding decisions pp. 1233-1258

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

Intensive personal mentoring: accelerators’ secret sauce pp. 1259-1284

Eyal Rechter and Gil Avnimelech

Risky business: venture capital, pivoting and scaling pp. 1285-1319

Pehr-Johan Norbäck, Lars Persson and Joacim Tåg

Token governance in initial coin offerings: Implications of token retention and resale restrictions for ICO success pp. 1321-1359

Johannes Fuchs and Paul P. Momtaz

Keeping pace with the digital transformation — exploring the digital orientation of SMEs pp. 1361-1385

Kevin Escoz Barragan and Felix Simon Rudolf Becker

Hiring opportunities for new firms and the business cycle pp. 1387-1413

Udo Brixy and Martin Murmann

Entrepreneurship and innovation in worker cooperatives and conventional firms: the role of external cooperation pp. 1415-1431

Francisco J. Santos, Carmen Guzmán and Lidia Valiente

Forgive me not? Racial and institutional disparities in the Paycheck Protection Program loan forgiveness pp. 1433-1461

Vladimir Kotomin, Wyatt Frere and Ruby Morr

Political connections and credit access: evidence from small businesses and microenterprises in India pp. 1463-1491

Malik Altaf Hussain and Malvika Tyagi

Cyberattack, cyber risk mitigation capabilities, and firm productivity in Kenya pp. 1493-1514

Godsway Korku Tetteh and Chuks Otioma

“Exhale the old and inhale the new”: Comparing the impact of anti-corruption campaign on entrepreneurship and exiting markets in China pp. 1515-1534

Tie Wei, Huaihong Pan, Bin Wei and Chengyu Shi

Volume 64, issue 2, 2025

The role of culture in family firms pp. 261-278

Mario Daniele Amore and Danny Miller

Are family firms green? pp. 279-306

Ivan Miroshnychenko, Danny Miller, Alfredo Massis and Isabelle Breton-Miller

Hidden costs of entering self-employment: the spouse’s psychological well-being pp. 307-332

Safiya Mukhtar Alshibani, Ingebjørg Kristoffersen and Thierry Volery

Realizing expectations? High-impact entrepreneurship across countries pp. 333-351

Johannes Kleinhempel and Saul Estrin

Do institutional dimensions matter at different stages of the entrepreneurial process? A multi-country study pp. 353-381

Claudia Alvarez, Tatiana Lopez and David Urbano

The cost of health insurance and entry into entrepreneurship pp. 383-405

Frank Fossen, Mobarak Hossain, Sankar Mukhopadhyay and Peter Toth

Entrepreneurial prototyping: the role of purpose, prototype recycling, and skills bricolage pp. 407-431

Steffen Paust, Steffen Korsgaard and Claus Thrane

The psychological strain of becoming self-employed: a longitudinal investigation of honeymoon-hangover effects pp. 433-449

Jingjing Qu, Jun Li and Yannis Georgellis

Untangling the complexity of innovativeness in new ventures: The interplay between causal entrepreneurial processes and social capital pp. 451-473

Parisa Haim Faridian, Donald Neubaum and Siri Terjesen

Was Robert Gibrat right? A test based on the graphical model methodology pp. 475-488

Marco Guerzoni, Luigi Riso and Marco Vivarelli

Heterogeneity in PhD entrepreneurship: strategic alignment of institutional, organisational, and individual factors pp. 489-510

Alessandro Muscio and Fumi Kitagawa

Learning to ride the high growth “Rollercoaster”: the role of publicly funded business accelerator programmes pp. 511-530

Ross Brown and Rachael Rees-Jones

Firm export, trade war, and R&D investment of family firm pp. 531-547

Jiannan Yu, Yajuan Mao and Ping Guo

The role of cognitive legitimacy in social entrepreneurship: a multilevel analysis pp. 549-573

Xing Li, Wanxiang Cai and Niels Bosma

Does equity crowdfunding benefit ventures located in high unemployment regions? pp. 575-598

Aristogenis Lazos

A racial identity approach to entrepreneurship: the lived experiences of African American and Black entrepreneurs pp. 599-623

Susana C. Santos, Eric W. Liguori, Michael H. Morris and SherRhonda R. Gibbs

State responses during the COVID-19 pandemic and their impacts on small businesses pp. 625-643

Cathy Yang Liu and Luísa Nazareno

Impact of financial support expansion on restaurant entries and exits during the COVID-19 pandemic pp. 645-689

Masato Oikawa and Koichiro Onishi

European SMEs’ growth: the role of market-based finance and public financial support pp. 691-727

Simone Boccaletti, Annalisa Ferrando, Emanuele Rossi and Monica Rossolini

Financial Access and Entrepreneurship by Gender: Evidence from Rural India pp. 729-754

Sandhya Garg, Samarth Gupta and Sushanta Mallick

Effects of immigration on native entrepreneurship in the US: an analysis of self-employment over 1980–2018 pp. 755-773

Bulent Unel

Redefining the entrepreneurial ecosystem in China from a network-based view: A review and proposal for future research pp. 775-803

Li Cai, Naiheng Sheng, Garry D. Bruton and Haijing Yu

Volume 64, issue 1, 2025

Learning from success and failure: implications for entrepreneurs, SMEs, and policy pp. 1-10

Esteban Lafuente, Rodrigo Rabetino and Juan Carlos Leiva

The forgetting curve in entrepreneurship: decaying learning benefits of past entrepreneurial experience pp. 11-36

Yancy Vaillant, Ronald Mora-Esquivel and Marco Alvarado

Learning from failure: do narcissists learn? pp. 37-58

Ahmed Sewaid, Florina Silaghi and Miguel García-Cestona

Re-entrepreneurial experience and learning during challenging times pp. 59-92

Jorge Espinoza-Benavides and Maribel Guerrero

The two faces of hierarchy: CEO power and TMT learning diversity in technology venture innovation pp. 93-112

Henrik Wesemann, Charlotta Sirén, Vivianna Fang He, Dietmar Grichnik and Joakim Wincent

The role of experience and diversity on research consortia’ performance: an exploratory approach pp. 113-132

Inés Alegre, Jasmina Berbegal-Mirabent and Victor Martin-Sanchez

How does team learning from failure facilitate new product performance? The double-edged moderating effect of collective efficacy pp. 133-155

Xiangming (Tommy) Tao, Catherine L. Wang, Paul J. A. Robson and Mathew (Mat) Hughes

Learning from different types of failure: evidence from non-severe and severe work accidents in SMEs pp. 157-180

Esteban Lafuente

Embracing the “fail fast and learn fast” mindset: conceptualizing learning from failure in knowledge-intensive SMEs pp. 181-202

Nikolina Koporcic, David Sjödin, Marko Kohtamäki and Vinit Parida

When do firms learn? Learning before versus after exporting pp. 203-219

Ferran Vendrell-Herrero, Emanuel Gomes, Christian K. Darko and David W. Lehman

University technology transfer: leveraging experiential learning and TTO’s resources pp. 221-237

Jose M Sallan and Oriol Lordan

Technology sourcing ambidexterity in corporate venture capital: limitations of learning from open innovation pp. 239-258

Sergey Alexander Anokhin, Manuel Hess and Joakim Wincent

Correction: Technology sourcing ambidexterity in corporate venture capital: limitations of learning from open innovation pp. 259-259

Sergey Alexander Anokhin, Manuel Hess and Joakim Wincent