Survival of the Smallest: A Study of Microenterprises in Haryana, India
Geoffrey R. Archer and
Arvind Ashta ()
Millennial Asia, 2020, vol. 11, issue 1, 54-78
The present study investigates the sustainability of microenterprises using primary data on 222 microenterprises in the informal small business segment of India. We identified relevant factors inducing entrepreneurs to sustain their business despite facing challenges emerging in the business world from time to time. The findings indicate that microenterprises with higher initial capital investment and those run by more experienced entrepreneurs have more chances for their long-run survival. The findings further indicate that the attainment of higher education is unrelated to long-term survival in the microbusiness world, perhaps because it opens more options of livelihood leading to exploration and experimentation of other areas of work engagement. The probability of long-run survival is higher in manufacturing microenterprises as compared to trading and services, likely because manufacturing experiences less volatility in this penurious context. Finally, microenterprises managed by males have better chances of long-run sustainability than female-operated microbusinesses.
Keywords: Microbusiness; informal business sector; micro-entrepreneurs; sustainability; multinomial logistic regression; education versus training; womenâ€™s enterprise (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:sae:millen:v:11:y:2020:i:1:p:54-78
Access Statistics for this article
More articles in Millennial Asia
Bibliographic data for series maintained by SAGE Publications ().