Entrepreneurial Behaviour in Periods of Deterioration of Small Firms' Condition

Jarosław Ropęga ()
Additional contact information
Jarosław Ropęga: University of Lodz, Poland

Entrepreneurial Business and Economics Review, 2016, vol. 4, issue 2, 139-156

Abstract: Objective: The aim of the paper is to indicate types of entrepreneurial behaviour which should be triggered during periods of deterioration of small firms' condition. Research Design & Methods: The study concerned the causes and symptoms of economic failure identified along the trajectories of this phenomenon. The paper uses selected parts of the study related to the non-occurrence of entrepreneurial behaviour or errors in this behaviour identified in the surveyed firms. The entire study was conducted based on the analysis of 32 case studies carried out among the former entrepreneurs of micro and small firms liquidated in the period from 01.01.2006 to 31.12.2011. Findings: The study helped to identify shortcomings in the entrepreneurial process along individual trajectories of economic failure of the surveyed companies. Implications & Recommendations: As a result of the conscious entrepreneurial process, small firms have the opportunity to leave the trajectory of economic failure, indicated by the deteriorating condition of the company. It is therefore necessary to develop knowledge concerning the entrepreneurial process and entrepreneurship among managers of small firms. Contribution & Value Added: According to the author, one of the key factors affecting the survival of small businesses in the period of deterioration of their condition is the initiation of the entrepreneurial process and/or its deliberate continuation. It seems quite natural to base components of this process on the existing support tools for entrepreneurs that are at risk of economic failure.

Keywords: entrepreneurial process; economic failure; small firms; entrepreneurial behaviour; firm's survival; entrepreneurship; trajectories of economic failure (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://eber.uek.krakow.pl/index.php/eber/article/download/149/pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:krk:eberjl:v:4:y:2016:i:2:p:139-156

Ordering information: This journal article can be ordered from

Access Statistics for this article

Entrepreneurial Business and Economics Review is currently edited by Krzysztof Wach, PhD, hab.

More articles in Entrepreneurial Business and Economics Review from Centre for Strategic and International Entrepreneurship at the Cracow University of Economics. EBER Journal Cracow University of Economics Faculty of Economics and International Relations Centre for Strategic and International Entrepreneurship ul. Rakowicka 27 31-510 Krakow Poland. Contact information at EDIRC.
Bibliographic data for series maintained by Piotr Stanek, PhD. ().