Small Business Economics

1992 - 2025

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

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Volume 58, issue 4, 2022

Initial coin offerings, information disclosure, and fraud pp. 1741-1759

Lars Hornuf, Theresa Kück and Armin Schwienbacher

Soft and hard information in equity crowdfunding: network effects in the digitalization of entrepreneurial finance pp. 1761-1781

Saul Estrin, Susanna Khavul and Mike Wright

Women in the boardroom: a bottom–up approach to the trickle-down effect pp. 1783-1800

Anaïs Périlleux and Ariane Szafarz

Signalling entrepreneurs’ credibility and project quality for crowdfunding success: cases from the Kickstarter and Indiegogo environments pp. 1801-1821

Shuangfa Huang, David Pickernell, Martina Battisti and Thang Nguyen

Bank failures, local business dynamics, and government policy pp. 1823-1851

Salvador Contreras, Manthos Delis, Amit Ghosh and Iftekhar Hasan

The early impacts of the COVID-19 pandemic on business sales pp. 1853-1864

Robert Fairlie and Frank Fossen

Evolutionary entrepreneurial ecosystems: a research pathway pp. 1865-1883

Daniel Sunghwan Cho, Paul Ryan and Giulio Buciuni

Short-term financial constraints and SMEs’ investment decision: evidence from the working capital channel pp. 1885-1914

Théo Nicolas

Are SMEs less efficient? A Bayesian approach to addressing heterogeneity across firms pp. 1915-1929

Antonio Arbelo Alvarez, Marta Arbelo-Pérez and Pilar Pérez-Gómez

Remittances, ethnic diversity, and entrepreneurship in developing countries pp. 1931-1952

R. Isil Yavuz and Berrak Bahadir

Barriers to innovation and innovation performance: the mediating role of external knowledge search in emerging economies pp. 1953-1974

Rui Torres de Oliveira, Simona Gentile-Lüdecke and Sandra Figueira

Are there wages from “sin”? Working conditions spillover from paying bribe in Vietnam pp. 1975-1995

Uchenna Efobi, Xuan VINH Vo and Emmanuel Orkoh

Business failure and institutions in entrepreneurship: a systematic review and research agenda pp. 1997-2023

Chong Kyoon Lee, Johan Wiklund, Alejandro Amezcua, Tae Jun Bae and Almantas Palubinskas

Necessity or opportunity? Government size, tax policy, corruption, and implications for entrepreneurship pp. 2025-2042

David B. Audretsch, Maksim Belitski, Farzana Chowdhury and Sameeksha Desai

Who shuns entrepreneurship journals? Why? And what should we do about it? pp. 2043-2060

Alex Stewart

Entrepreneur fund-seeking: toward a theory of funding fit in the era of equity crowdfunding pp. 2061-2086

Regan Stevenson, Sean R. McMahon, Chaim Letwin and Michael P. Ciuchta

Entrepreneurial learning in online communities pp. 2087-2108

Peter Kalum Schou, Eliane Bucher and Matthias Waldkirch

Cognitive financial constraints and firm growth pp. 2109-2137

Jun Du and Bach Nguyen

Stickiness of entrepreneurs: an exploratory study of migration in two mid-sized US cities pp. 2139-2155

Yasuyuki Motoyama and Sameeksha Desai

Ecosystem dynamics: exploring the interplay within fintech entrepreneurial ecosystems pp. 2157-2182

Ahmad Alaassar, Anne-Laure Mention and Tor Helge Aas

Innovation ambidexterity, resource configuration and firm growth: is smallness a liability or an asset? pp. 2183-2209

Young Rok Choi, Seongwook Ha and Youngbae Kim

Does working at a start-up pay off? pp. 2211-2233

Daniel Fackler, Lisa Hölscher, Claus Schnabel and Antje Weyh

Does personality matter? Small business owners and modes of innovation pp. 2235-2260

Petrik Runst and Jörg Thomä

The effects of venture capital investments on industrial innovative opportunities and technological arbitrage opportunities pp. 2261-2280

Fangqing Wei, Yi Yang, Yao Chen and Feng Yang

Angel investors: the impact of regret from missed opportunities pp. 2281-2296

Jeffrey Sohl

Volume 58, issue 3, 2022

The nascent ecology of social enterprise pp. 1223-1242

Helen Haugh, Paul Robson, John Hagedoorn and Kate Sugar

Subjective value in entrepreneurship pp. 1243-1260

Per Bylund and Mark D. Packard

Institutions, financial development, and small business survival: evidence from European emerging markets pp. 1261-1283

Ichiro Iwasaki, Evžen Kočenda and Yoshisada Shida

Mapping SME productivity research: a systematic review of empirical evidence and future research agenda pp. 1285-1307

Beldina Owalla, Cristian Gherhes, Tim Vorley and Chay Brooks

The mediating role of values in the relationship between religion and entrepreneurship pp. 1309-1335

Cornelius A. Rietveld and Brigitte Hoogendoorn

The entrepreneurial financing of the immigrant entrepreneurs: a literature review pp. 1337-1365

Bryan Malki, Timur Uman and Daniel Pittino

From discovery to commercialization: accretive intellectual property strategies among small, knowledge-based firms pp. 1367-1377

Christopher S. Hayter and Albert Link

The added value of management skill in the explanation of the distribution of firm size pp. 1379-1405

Luis Medrano and Vicente Salas-Fumás

Same same, but different: capital structures in single family offices compared with private equity firms pp. 1407-1425

Antonia Schickinger, Alexandra Bertschi-Michel, Max P. Leitterstorf and Nadine Kammerlander

Determinants of financing constraints pp. 1427-1439

Anabela Santos and Michele Cincera

The role of distinct ADHD symptoms for pre-entry entrepreneurial behavior: when intentions do not translate into action pp. 1441-1457

Jarno Stappers and Petra Andries

Do Nonfamily Managers Enhance Family Firm Performance? pp. 1459-1474

Hanqing Fang, James J. Chrisman, Joshua J. Daspit and Kristen Madison

Exploration-exploitation and acquisition likelihood in new ventures pp. 1475-1496

Mohammad Keyhani, Yuval Deutsch, Anoop Madhok and Moren Lévesque

Innovation drivers of external competitiveness in the great recession pp. 1497-1516

Emanuele Brancati, Raffaele Brancati, Dario Guarascio and Antonello Zanfei

One swallow does not make a summer: episodes and persistence in high growth pp. 1517-1544

Silviano Esteve-Pérez, Fabio Pieri and Diego Rodriguez

Does globalization affect perceptions about entrepreneurship? The role of economic development pp. 1545-1562

Pankaj C. Patel and Cornelius A. Rietveld

Skill improvement by product imitation pp. 1563-1577

Ching T. Liao

Banking stability and borrower discouragement: a multilevel analysis for SMEs in the EU-28 pp. 1579-1593

Ana Mol-Gómez-Vázquez, Ginés Hernández-Cánovas and Johanna Koëter-Kant

The effects of social spending on entrepreneurship in developed nations pp. 1595-1607

Shelby Solomon, Joshua S. Bendickson, Eric W. Liguori and Matthew R. Marvel

Motivational drivers to choose worker cooperatives as an entrepreneurial alternative: evidence from Spain pp. 1609-1626

Maria Bastida, Alberto Vaquero García, Luisa Helena Pinto and Ana Olveira Blanco

The contribution of board experience to opportunity development in high-tech ventures pp. 1627-1645

Jolien Roelandt, Petra Andries and Mirjam Knockaert

Do African resource rents promote rent-seeking at the expense of entrepreneurship? pp. 1647-1660

Jonathan Munemo

Immigrant-native differences in long-term self-employment pp. 1661-1697

Lina Aldén, Spencer Bastani, Mats Hammarstedt and Chizheng Miao

The Italian Start Up Act: a microeconometric program evaluation pp. 1699-1720

Francesco Biancalani, Dirk Czarnitzki and Massimo Riccaboni

Informal institutions, transaction risk, and firm productivity in Myanmar pp. 1721-1737

Michael Danquah and Kunal Sen

Correction to: Informal institutions, transaction risk, and firm productivity in Myanmar pp. 1739-1739

Michael Danquah and Kunal Sen

Volume 58, issue 2, 2022

Economic effects of the COVID-19 pandemic on entrepreneurship and small businesses pp. 593-609

Maksim Belitski, Christina Guenther, Alexander Kritikos and Roy Thurik

Working from home: small business performance and the COVID-19 pandemic pp. 611-636

Ting Zhang, Dan Gerlowski and Zoltan Acs

Digital affordances: how entrepreneurs access support in online communities during the COVID-19 pandemic pp. 637-663

Marie Madeleine Meurer, Matthias Waldkirch, Peter Kalum Schou, Eliane Léontine Bucher and Katrin Burmeister-Lamp

Macroeconomic lockdown and SMEs: the impact of the COVID-19 pandemic in Spain pp. 665-688

Luis Pedauga, Francisco Sáez and Blanca L. Delgado-Márquez

The power of shared positivity: organizational psychological capital and firm performance during exogenous crises pp. 689-716

Ann-Christin Grözinger, Sven Wolff, Philipp Julian Ruf and Petra Moog

Risk of burnout in French entrepreneurs during the COVID-19 crisis pp. 717-739

Olivier Torrès, Alexandre Benzari, Christian Fisch, Jinia Mukerjee, Abdelaziz Swalhi and Roy Thurik

Impacts of COVID-19 on the self-employed pp. 741-768

Charlene Kalenkoski and Sabrina Pabilonia

Impact of the COVID-19 pandemic on the hours lost by self-employed racial minorities: evidence from Brazil pp. 769-805

Jack I. Richter and Pankaj C. Patel

SMEs’ line of credit under the COVID-19: evidence from China pp. 807-828

Yun Liu, Yifei Zhang, Heyang Fang and Xin Chen

Did the Paycheck Protection Program and Economic Injury Disaster Loan Program get disbursed to minority communities in the early stages of COVID-19? pp. 829-842

Robert Fairlie and Frank Fossen

Discrimination in lending? Evidence from the Paycheck Protection Program pp. 843-865

Rachel Atkins, Lisa Cook and Robert Seamans

The determinants of bootstrap financing in crises: evidence from entrepreneurial ventures in the COVID-19 pandemic pp. 867-885

Joern Block, Christian Fisch and Mirko Hirschmann

Small firms and the COVID-19 insolvency gap pp. 887-917

Julian Oliver Dörr, Georg Licht and Simona Murmann

Lockdown, employment adjustment, and financial frictions pp. 919-942

Povilas Lastauskas

When the rainy day is the worst hurricane ever: the effects of governmental policies on SMEs during COVID-19 pp. 943-961

Yacine Belghitar, Andrea Moro and Nemanja Radić

Rethinking stabilization policies; Including supply-side measures and entrepreneurial processes pp. 963-983

Pontus Braunerhjelm

Women’s entrepreneurship and culture: gender role expectations and identities, societal culture, and the entrepreneurial environment pp. 985-996

Amanda Bullough, Ulrike Guelich, Tatiana S. Manolova and Leon Schjoedt

Disentangling succession and entrepreneurship gender gaps: gender norms, culture, and family pp. 997-1013

Manuel Feldmann, Martin Lukes and Lorraine Uhlaner

How gender stereotypes shape venture growth expectations pp. 1015-1034

Alona Martiarena

Culture and gender in entrepreneurial teams: the effect on team processes and outcomes pp. 1035-1050

Susana C. Santos and Xaver Neumeyer

Does entrepreneurship fit her? Women entrepreneurs, gender-role orientation, and entrepreneurial culture pp. 1051-1071

Francisco Liñán Alcalde, Inmaculada Jaén and Domingo Martín

Gender, culture, and implicit theories about entrepreneurs: a cross-national investigation pp. 1073-1089

Alka Gupta, Safal Batra and Vishal K. Gupta

Women entrepreneurs’ progress in the venturing process: the impact of risk aversion and culture pp. 1091-1111

Daniela Gimenez-Jimenez, Linda F. Edelman, Alexandra Dawson and Andrea Calabrò

Gendered regulations and SME performance in transition economies pp. 1113-1130

Natalia Vershinina, Gideon Markman, Liang Han, Peter Rodgers, John Kitching, Nigar Hashimzade and Rowena Barrett

Practice rather than preach: cultural practices and female social entrepreneurship pp. 1131-1151

Diana M. Hechavarría and Steven A. Brieger

Radical innovation and its regional impact—a roadmap for future research pp. 1153-1156

David Audretsch, Dirk Fornahl and Torben Klarl

Who benefits from SMEs’ radical innovations?—empirical evidence from German biotechnology pp. 1157-1185

Mariia Shkolnykova and Muhamed Kudic

Public research and the quality of inventions: the role and impact of entrepreneurial universities and regional network embeddedness pp. 1187-1204

Holger Graf and Matthias Menter

Fostering regional innovation, entrepreneurship and growth through public procurement pp. 1205-1222

Jon Mikel Zabala-Iturriagagoitia

Volume 58, issue 1, 2022

Publishing in Small Business Economics: An Entrepreneurship Journal pp. 1-5

David B. Audretsch, Christina Guenther and Adam Lederer

David B. Audretsch: Clarivate Citation Laureate 2021 pp. 7-12

Christina Guenther and Erik E. Lehmann

Small business economics journal editor of the year award pp. 13-13

Zoltan Acs

John Haltiwanger: recipient of the 2020 Global Award for Entrepreneurship Research pp. 15-25

Alex Coad, Martin Andersson, Magnus Henrekson, Sarah Jack, Mikael Stenkula, Karin Thorburn, Karl Wennberg and Ivo Zander

Entrepreneurship in the twenty-first century pp. 27-40

John Haltiwanger

Overcoming the liability of poorness: disadvantage, fragility, and the poverty entrepreneur pp. 41-55

Michael H. Morris, Donald F. Kuratko, David B. Audretsch and Susana Santos

Age effect on entry to entrepreneurship: embedded in life expectancy pp. 57-76

Kent Adsbøll Wickstrøm, Kim Klyver and Maryam Cheraghi-Madsen

Non-employer establishments and economic development in counties: evidence from cross-border neighbor county-pairs in the US pp. 77-92

Pankaj C. Patel and Srikant Devaraj

Of free markets and a secular mind: the value of economic decentralization and individual secular values in entrepreneurship pp. 93-119

Pankaj C. Patel and Marcus T. Wolfe

Uncertainty, entrepreneurship, and the organization of corruption pp. 121-139

Yuan Wang

Does gender still matter? An examination of small business performance pp. 141-167

Kip Kiefer, Mark Heileman and Timothy L. Pett

Social trust and new firm formation: a regional perspective pp. 169-184

Carlo Corradini

Male and female entrepreneurs’ employment growth ambitions: the contingent role of regulatory efficiency pp. 185-204

Pourya Darnihamedani and Siri Terjesen

Startups, relocation, and firm performance: a transaction cost economics perspective pp. 205-224

In Hyeock (Ian) Lee

The elusive quest for high-growth firms in Africa: when other metrics of performance say nothing pp. 225-246

Florian Leon

Organizational capabilities and SME exports: the moderating role of external funding intentions and managerial capacity pp. 247-261

Ko Wai Wai, Catherine Liston-Heyes, Weixi Liu, Gordon Liu and Marc Cowling

Committed to the venture or the family? A study of entrepreneurial persistence in distressed ventures pp. 263-280

Karlien Coppens and Mirjam Knockaert

Are cooperative firms more agile? A contingency perspective on small and medium-sized enterprises in agglomerations and peripheral areas pp. 281-302

Elisabeth F. Mueller and Carola Jungwirth

The persistence and dynamics of new venture growth pp. 303-322

Yan Chen and Michael Song

Does team diversity really matter? The connection between networks, access to financial resources, and performance in the context of university spin-offs pp. 323-351

Petra Moog and Christian Soost

Corporate taxes and high-quality entrepreneurship pp. 353-382

Ana Venâncio, Victor Barros and Clara Raposo

Procurement policy and SME participation in public purchasing pp. 383-402

Bernard Hoekman and Bedri Kamil Onur Taş

Self-employment in the EU: quality work, precarious work or both? pp. 403-418

Smaranda Pantea

Experts in the crowd and their influence on herding in reward-based crowdfunding of cultural projects pp. 419-449

Aurélien Petit and Peter Wirtz

Regional entrepreneurship and innovation: historical roots and the impact on the growth of regions pp. 451-473

Alfredo Monte, Sara Moccia and Luca Pennacchio

Whom do nascent ventures search for? Resource scarcity and linkage formation activities during new product development processes pp. 475-496

Andrea M. Herrmann, Cornelia Storz and Lukas Held

CEOs’ religiosity and corporate green initiatives pp. 497-522

Hakaru Iguchi, Hajime Katayama and Junichi Yamanoi

Initial external knowledge sources and start-up growth pp. 523-540

Stephan Weemaes, Johan Bruneel, Ann Gaeremynck and Jonas Debrulle

Strong client orientation, little leverage in nonprofit firms? pp. 541-563

Alessandro Fedele, Raffaele Miniaci and Ermanno Tortia

What happens in criminal firms after godfather management removal? Judicial administration and firms’ performance pp. 565-591

Francesca Calamunci