Small Business Economics

1992 - 2025

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

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Volume 57, issue 4, 2021

The Legacy of Zoltan J. Acs pp. 1623-1628

David B. Audretsch

The evolution of the global digital platform economy: 1971–2021 pp. 1629-1659

Zoltan Acs, Abraham K. Song, László Szerb, David B. Audretsch and Éva Komlósi

Bribery from a micro, demand-side perspective pp. 1661-1680

Dean A. Shepherd, Vinit Parida and Joakim Wincent

Unraveling the entrepreneurial mindset pp. 1681-1691

Donald F. Kuratko, Greg Fisher and David B. Audretsch

ADHD symptoms, entrepreneurial passion, and entrepreneurial performance pp. 1693-1713

Isabella Hatak, Manling Chang, Rainer Harms and Johan Wiklund

Fin vs. tech: are trust and knowledge creation key ingredients in fintech start-up emergence and financing? pp. 1715-1731

Theodor Florian Cojoianu, Gordon L. Clark, Andreas G. F. Hoepner, Vladimir Pažitka and Dariusz Wójcik

The influence of ecosystems on the entrepreneurship process: a comparison across developed and developing economies pp. 1733-1759

Maribel Guerrero, Francisco Liñán Alcalde and F. Rafael Cáceres-Carrasco

The impact of effectuation, causation, and resources on new venture performance: novice versus expert entrepreneurs pp. 1761-1781

Jenny María Ruiz-Jiménez, Matilde Ruiz-Arroyo and María Mar Fuentes-Fuentes

Former Communist party membership and present-day entrepreneurship pp. 1783-1800

Artjoms Ivlevs, Milena Nikolova and Olga Popova

Nascent ventures’ green initiatives and angel investor judgments of legitimacy and funding pp. 1801-1818

Yann Truong and Brian G. Nagy

The perceived well-being and health costs of exiting self-employment pp. 1819-1836

Milena Nikolova, Boris Nikolaev and Olga Popova

Self-employment over the business cycle in the USA: a decomposition pp. 1837-1855

Frank Fossen

Innovation in immigrant-owned firms pp. 1857-1874

Yuri Ostrovsky and Garnett Picot

Analyzing the returns to entrepreneurship by a modified Lazear model pp. 1875-1892

Björn Hårsman and Lars-Göran Mattsson

Recession and firm survival: is selection based on cleansing or skill accumulation? pp. 1893-1914

Eleonora Bartoloni, Alessandro Arrighetti and Fabio Landini

Does external R&D matter for family firm innovation? Evidence from the Italian manufacturing industry pp. 1915-1930

Francesco Aiello, Paola Cardamone, Lidia Mannarino and Valeria Pupo

Identifying innovative opportunities in the entrepreneurship classroom: a new approach and empirical test pp. 1931-1955

Dan Cohen, Dan K. Hsu and Rachel S. Shinnar

Corruption and formal-sector entrepreneurship in a middle-income country: spatial analysis of firm births in the Mexican states pp. 1957-1972

Andres Jauregui, Kirk C. Heriot and David Mitchell

When do serial entrepreneurs found innovative ventures? Evidence from patent data pp. 1973-1993

Amrita Lahiri and Anu Wadhwa

Firm innovation and global value chain participation pp. 1995-2015

Ketan Reddy, Radeef Chundakkadan and Subash Sasidharan

Life-cycle factors and entrepreneurship: evidence from rural China pp. 2017-2040

Wei Xiao and Mingqin Wu

Financial fragmentation and SMEs’ access to finance pp. 2041-2065

Raffaella Calabrese, Claudia Girardone and Alex Sclip

The start-up gap and jobs pp. 2067-2084

Shyngys Karimov and Jozef Konings

Individualism, pro-market institutions, and national innovation pp. 2085-2106

Daniel L. Bennett and Boris Nikolaev

Targeted monetary policy and financing constraints of Chinese small businesses pp. 2107-2124

Chaoying Lin, Lerong He and Guangqing Yang

Volume 57, issue 3, 2021

The entrepreneurial gains from market integration in the new EU member states pp. 1-20

Nebojsa Stojcic, Ivan-Damir Anić and Tonci Svilokos

The great divides in social entrepreneurship and where they lead us pp. 1089-1106

Michael H. Morris, Susana C. Santos and Donald F. Kuratko

Entrepreneurship in public organizations: the role of leadership behavior pp. 1107-1123

Mehmet Akif Demircioglu and Farzana Chowdhury

Debt aversion, education, and credit self-rationing in SMEs pp. 1125-1143

Hang Thu Nguyen, Hiep Manh Nguyen, Michael Troege and Anh T. H. Nguyen

Growth paths and routes to exit: 'shadow of death' effects for new firms in Japan pp. 1145-1173

Alex Coad and Masatoshi Kato

Prescription opioids and new business establishments pp. 1175-1199

Cornelius A. Rietveld and Pankaj C. Patel

Employment effects of payroll tax subsidies pp. 1201-1219

Matthias Collischon, Kamila Cygan-Rehm and Regina Riphahn

The regional employment effects of new social firm entry pp. 1221-1241

Kave Edin, Per Davidsson, Martin Obschonka, Darush Yazdanfar and Anders Lundström

Estimating the uncertainty–R&D investment relationship and its interactions with firm size pp. 1243-1267

Seong-Hoon Cho and Jaimin Lee

Stereotypes about academic entrepreneurs and their negotiation counterparts’ collaborative behavior pp. 1269-1284

Lu Zhang, Young Rok Choi and Hao Zhao

Impact evaluation of business development grants on SME performance pp. 1285-1301

Stjepan Srhoj, Michal Lapinski and Janette Walde

A decade of research on the genetics of entrepreneurship: a review and view ahead pp. 1303-1317

Cornelius A. Rietveld, Eric A.W. Slob and Roy Thurik

Firm size and growth barriers: a data-driven approach pp. 1319-1338

Johan Karlsson

Where do we go? VC firm heterogeneity and the exit routes of newly listed high-tech firms pp. 1339-1359

Diego Useche and Sophie Pommet

What money cannot buy: a new approach to measure venture capital ability to add non-financial resources pp. 1361-1382

Anita Quas, Jose Martí and Carmelo Reverte

Informality, regulation and productivity: do small firms escape EPL through shadow employment? pp. 1383-1412

Giovanna Vallanti and Giuseppina Gianfreda

The impact of the third sector of R&D on the innovative performance of entrepreneurial firms pp. 1413-1418

Albert Link, Cody A. Morris and Martijn van Hasselt

Going public with public money pp. 1419-1426

Albert Link, Martijn van Hasselt and Silvio Vismara

Entrepreneurial homeworkers pp. 1427-1451

Nam Kyoon N. Kim and Simon C. Parker

Employee compensation and new venture performance: does benefit type matter? pp. 1453-1477

Christopher Boudreaux

Export promotion programs, export capabilities, and risk management practices of internationalized SMEs pp. 1479-1503

Alexis Catanzaro and Christine Teyssier

How do banks interact with fintech startups? pp. 1505-1526

Lars Hornuf, Milan F. Klus, Todor S. Lohwasser and Armin Schwienbacher

Effects of self-employment on hospitalizations: instrumental variables analysis of social security data pp. 1527-1543

Judite Gonçalves and Pedro Martins

Formal and informal financing decisions of small businesses pp. 1545-1567

Bach Nguyen and Canh Nguyen

Labor flows across firm size, age, and economic sector in Colombia vs. the United States pp. 1569-1600

Luz Florez, Leonardo Morales, Daniel Medina Gaspar and José Lobo Camargo

Correction to: Entrepreneurship capital spillovers at the local level pp. 1621-1621

José Luis Massón-Guerra and Pedro Ortín-Ángel

Volume 57, issue 2, 2021

Arts and cultural entrepreneurship pp. 635-638

Douglas Noonan

Arts majors as entrepreneurs and innovators pp. 639-652

Richard J. Paulsen, Neil Alper and Gregory Wassall

Artists as public sector intrapreneurs: an experiment pp. 653-666

Jessica Sherrod Hale and Joanna Woronkowicz

Crowdfunding cultural and commercial entrepreneurs: an empirical study on motivation in distinct backer communities pp. 667-683

Tobias Bürger and Simon Kleinert

Looking for a change in scene: analyzing the mobility of crowdfunding entrepreneurs pp. 685-703

Douglas Noonan, Shiri M. Breznitz and Sana Maqbool

Creative and resourceful: How human, social, and psychological resources affect creative workers’ ability to rebound after failure pp. 705-719

Jared Allen, Regan Stevenson and Tang Wang

The economic psychology of creating and venturing: a comparative behavioural portrait of artists and entrepreneurs pp. 721-737

Pia Arenius, Swee-Hoon Chuah, Bronwyn Coate and Robert Hoffmann

Liminal spaces: A review of the art in entrepreneurship and the entrepreneurship in art pp. 739-754

Adrienne Callander and Michael E. Cummings

New and small firms in a modern working life: how do we make entrepreneurship healthy? pp. 755-763

Magnus Klofsten, Ellen MacEachen and Christian Ståhl

Social sexual behaviour and co-worker trust in start-up enterprises pp. 765-780

Robert Gillanders, Roisin Lyons and Lisa van der Werff

Depression among entrepreneurs: a scoping review pp. 781-805

Lauren Cubbon, Kristin Darga, Uira Duarte Wisnesky, Liz Dennett and Christine Guptill

Designing for sustainable work during industrial startups—the case of a high-growth entrepreneurial firm pp. 807-819

Ulrika Harlin and Martina Berglund

A balancing act: Swedish occupational safety and health inspectors’ reflections on their bureaucratic role when supervising micro-enterprises pp. 821-834

Emma Hagqvist, Stig Vinberg, Susanna Toivanen and Bodil J. Landstad

Entrepreneurial experiences of Syrian refugee women in Canada: a feminist grounded qualitative study pp. 835-847

Sonja Senthanar, Ellen MacEachen, Stephanie Premji and Philip Bigelow

Managers’ work and behaviour patterns in profitable growth SMEs pp. 849-863

Elena Ahmadi, Gloria Macassa and Johan Larsson

The entrepreneurial finance markets of the future: a comparison of crowdfunding and initial coin offerings pp. 865-882

Joern Block, Alexander Groh, Lars Hornuf, Tom Vanacker and Silvio Vismara

Entrepreneurial fintech clusters pp. 883-903

Marco Gazel and Armin Schwienbacher

Crowdinvesting in entrepreneurial projects: disentangling patterns of investor behavior pp. 905-926

Maximilian Goethner, Sebastian Luettig and Tobias Regner

Two’s a company, three’s a crowd: Deal breaker terms in equity crowdfunding for prospective venture capital pp. 927-952

Michael M. Moedl

“Pledge” me your ears! The role of narratives and narrator experience in explaining crowdfunding success pp. 953-973

Francesco Cappa, Michele Pinelli, Riccardo Maiolini and Maria Isabella Leone

Initial coin offerings, asymmetric information, and loyal CEOs pp. 975-997

Paul P. Momtaz

Economics of philanthropy—evidence from health crowdfunding pp. 999-1026

Juliane Proelss, Denis Schweizer and Tingyu Zhou

Why do startups pursue initial coin offerings (ICOs)? The role of economic drivers and social identity on funding choice pp. 1027-1052

Magnus Schückes and Tobias Gutmann

Serial and large investors in initial coin offerings pp. 1053-1071

Dmitri Boreiko and Dimche Risteski

The smart contract revolution: a solution for the holdup problem? pp. 1073-1088

Olivier Meier and Aurélie Sannajust

Volume 57, issue 1, 2021

Decisions of firm risk and the role of organizational identity pp. 1-21

Alexandra Graddy-Reed

Evaluating the effects of Small Business Administration lending on growth pp. 23-45

Matthew Higgins, Donald J. Lacombe, Briana S. Stenard and Andrew T. Young

Do employees’ generational cohorts influence corporate venturing? A multilevel analysis pp. 47-74

Maribel Guerrero, José Ernesto Amorós and David Urbano

A systematic literature review of entrepreneurial ecosystems in advanced and emerging economies pp. 75-110

Zhe Cao and Xianwei Shi

SME insolvency, bankruptcy, and survival: an examination of retrenchment strategies pp. 111-126

Manuel Rico, Naresh R. Pandit and Francisco Puig

Spillovers from high growth firms: evidence from Hungary pp. 127-150

Francesca de Nicola, Balazs Murakozy and Shawn Tan

The changing form of overconfidence and its effect on growth expectations at the early stages of startups pp. 151-165

László Szerb and Zsófia Vörös

Neodualism in the Italian business firms: training, organizational capabilities, and productivity distributions pp. 167-189

Giovanni Dosi, Dario Guarascio, Andrea Ricci and Maria Enrica Virgillito

Are large firms born or made? Evidence from developing countries pp. 191-219

Meghana Ayyagari, Asli Demirguc-Kunt and Vojislav Maksimovic

Operating leverage and profitability of SMEs: agri-food industry in Europe pp. 221-242

Alfredo Grau and Araceli Reig

Public SME grants and firm performance in European Union: A systematic review of empirical evidence pp. 243-263

Ondřej Dvouletý, Stjepan Srhoj and Smaranda Pantea

“Don’t leave me this way!” Drivers of parental hostility and employee spin-offs’ performance pp. 265-293

Egle Vaznyte, Petra Andries and Sarah Demeulemeester

Massive earthquakes, risk aversion, and entrepreneurship pp. 295-322

Guido de Blasio, Maria Paola, Samuele Poy and Vincenzo Scoppa

Spillovers to small business credit risk pp. 323-352

Dennis Bams, Magdalena Pisa and Christian Wolff

Global drivers of cryptocurrency infrastructure adoption pp. 353-406

Ed Saiedi, Anders Broström and Felipe Ruiz

Entrepreneurial ecosystems: a dynamic lifecycle model pp. 407-423

Uwe Cantner, James A. Cunningham, Erik E. Lehmann and Matthias Menter

Entrepreneurs’ age, institutions, and social value creation goals: A multi-country study pp. 425-453

Steven A. Brieger, Anne Bäro, Giuseppe Criaco and Siri Terjesen

Searching for resilience: the impact of employee-level and entrepreneur-level resilience on firm performance in small family firms pp. 455-471

Gabriele Santoro, Antonio Messeni-Petruzzelli and Manlio Giudice

High-growth aspiration entrepreneurship and exit: the contingent role of market-supporting institutions pp. 473-492

Lucio Fuentelsaz, Consuelo González and Juan P. Maícas

Local institutional heterogeneity & firm dynamism: Decomposing the metropolitan economic freedom index pp. 493-511

Daniel L. Bennett

Small firms and patenting revisited pp. 513-530

Suma Athreye, Claudio Fassio and Stephen Roper

Fear not, want not: Untangling the effects of social cost of failure on high-growth entrepreneurship pp. 531-553

Chong Kyoon Lee, Griffin W. Cottle, Sharon A. Simmons and Johan Wiklund

Management turnover, ownership change, and post-bankruptcy failure of small businesses pp. 555-581

Jaka Cepec and Peter Grajzl

Business angel exits: a theory of planned behaviour perspective pp. 583-602

Tiago Botelho, Richard Harrison and Colin Mason

Innovation and growth in the UK pharmaceuticals: the case of product and marketing introductions pp. 603-634

Farasat Bokhari, Franco Mariuzzo and Anna Rita Bennato