Journal of Small Business and Enterprise Development,
Journal Year:
2024,
Volume and Issue:
31(6), P. 1175 - 1200
Published: July 1, 2024
Purpose
This
paper
explores
the
drivers
and
inhibitors
of
transition
entrepreneurial
family
firms
from
small
to
large
firms.
We
adopt
two
contrasting
theoretical
perspectives,
i.e.
agency
stewardship,
explore
effects
power
on
size
transition.
Design/methodology/approach
adopted
an
original
research
design
that
leverages
a
unique
longitudinal
database
built
starting
list
500
best
Italian
manufacturing
published
by
AUB
Monitor
in
2018.
Specifically,
we
tested
our
hypotheses
using
comprehensive
set
financial
governance
data
89
covering
10-year
period.
To
test
hypotheses,
conducted
survival
analysis
Cox
regression.
Findings
find
inverted
U-shaped
relationship
between
involvement
ownership
transition:
is
more
likely
happen
at
intermediate
levels
ownership.
Additionally,
shows
board
directors
negatively
impacts
transition,
while
presence
CEO
has
positive
influence.
Originality/value
knowledge,
this
study
represents
first
exploration
phenomenon
within
believe
it
was
worthwhile
for
reasons.
First,
frequently
regarded
as
weakness
when
competing
international
markets,
investing
R&D,
or
rewarding
shareholders.
Second,
since
are
major
contributors
world
economy,
understanding
factors
facilitate
their
can
have
significant
impact
overall
economic
development
prosperity.
Entrepreneurship Research Journal,
Journal Year:
2023,
Volume and Issue:
14(3), P. 905 - 950
Published: March 24, 2023
Abstract
Despite
an
increased
interest
in
crises
within
the
field
of
entrepreneurship,
there
is
still
a
lack
understanding
about
interplay
between
different
types
and
entrepreneurship.
In
addition,
specific
circumstances
surrounding
each
type
crisis
may
also
cause
conclusions
these
studies
to
diverge
or
converge.
To
enhance
our
theoretical
entrepreneurship
during
times
crisis,
review
seeks
answer
following
research
questions:
(1)
How
are
addressed
literature,
what
similarities
differences
exist?
(2)
can
we
broaden
deepen
insights
into
relationship
entrepreneurship?
effort
largest
possible
variety
that
extends
beyond
political
crises,
natural
disasters,
financial
have
included
number
recent
examined
COVID-19
from
entrepreneurial
perspective.
Following
this,
study
identifies
six
along
with
corresponding
themes,
key
findings,
critical
shortcomings.
This
multiple
gaps
suggests
several
future
directions,
as
well
approaches
researchers
take
build
upon
existing
discussions
crisis.
International Entrepreneurship and Management Journal,
Journal Year:
2023,
Volume and Issue:
19(2), P. 805 - 836
Published: Feb. 22, 2023
Abstract
The
concept
of
business
model
dynamics
has
been
gaining
momentum
in
the
academic
literature
to
refer
all
alterations
a
firm’s
model.
This
study
taps
into
shift
from
traditional
ontological
view
models
as
static
implementation
strategy,
toward
phenomenological
stance
that
portrays
unit
analysis
for
different
phenomena
related
it.
Building
on
this
emerging
discourse,
review
offers
an
interpretive
lens
role
entrepreneurial
experimentation
dynamics,
namely
innovation,
validation,
scaling,
and
pivots.
proposes
unified
framework
understanding
these
phenomena,
discusses
research
gaps
perspective,
advances
set
open
avenues
inform
future
research.
also
recent
managerial
interest
methods
involving
experimentation,
such
Lean
Startup
method.
Journal of Business Venturing,
Journal Year:
2024,
Volume and Issue:
39(4), P. 106395 - 106395
Published: April 9, 2024
Why
do
some
entrepreneurs
pivot
their
business
models
in
a
crisis,
while
others
are
more
passive?
Integrating
Conservation
of
Resources
theory
with
work
on
crisis
rumination,
we
developed
micro-level
model
to
explain
why
who
under
strain
due
as
indicated
by
experiencing
adopt
an
active
approach
–
i.e.,
using
coping
and
engaging
pivoting.
Moreover,
prevention-focused
habitually
sensitive
losses
especially
stimulated
rumination
prevent
(further)
resource
losses.
We
tested
our
experiment
eight-month
longitudinal
study
during
inflation
crisis.
Journal of Small Business Management,
Journal Year:
2022,
Volume and Issue:
62(2), P. 1058 - 1083
Published: Oct. 20, 2022
We
examine
COVID-19
as
an
external
enabling
mechanism
and
propose
the
interplay
between
entrepreneurial
self-efficacy
(ESE)
beliefs
orientation
(EO)
may
help
explain
why
some
small
firms
are
enabled
to
exploit
disequilibrating
environmental
changes.
predict
that
ESE’s
relationship
with
performance
is
mediated
through
its
strategic
posture,
perceived
impact
of
COVID
moderates
this
relationship.
test
our
moderated-mediation
model
using
data
collected
over
multiple
waves
from
a
sample
190
business
owners.
While
findings
suggest
entrepreneur’s
contribute
firm
alone,
it
appears
insufficient
mitigate
negative
consequences
caused
by
pandemic.
However,
ESE
play
pivotal
role
when
channeled
firm’s
orientation.
Our
results
embracing
appropriate
for
navigating
stiff
economic
headwinds
unprecedented
uncertainty.
Still,
benefits
such
posture
can
be
fully
realized
only
self-efficacious
managers
lead
firm.
Entrepreneurship and Regional Development,
Journal Year:
2023,
Volume and Issue:
36(1-2), P. 76 - 97
Published: April 9, 2023
In
response
to
strong
revenue
and
income
losses
facing
a
large
share
of
self-employed
individuals
during
the
COVID-19
pandemic,
German
federal
government
introduced
€50bn
emergency-aid
program.
Based
on
real-time
online-survey
data
comprising
more
than
20,000
observations,
we
analyze
impact
this
program
confidence
survive
crisis.
We
investigate
how
digitalization
level
influences
program's
effectiveness.
Employing
propensity
score
matching,
find
that
had
only
moderately
positive
effects
However,
whose
businesses
were
highly
digitalized,
benefitted
much
from
state
aid
those
less
digitalized.
This
holds
true
for
self-employed,
who
started
processes
already
before
Taking
regional
perspective,
suggestive
evidence
quality
broadband
infrastructure
matters
in
sense
it
increases
effectiveness
Our
findings
show
interplay
between
governmental
support
programs,
levels
entrepreneurs,
digital
infrastructure.
The
study
helps
public
policy
improve
crisis-related
instruments,
ultimately
increasing
resilience
small
firms
times
crises.
Journal of Small Business Management,
Journal Year:
2024,
Volume and Issue:
unknown, P. 1 - 33
Published: March 26, 2024
While
entrepreneurs
play
a
crucial
role
in
shaping
the
business
environment
transitional
economies,
there
is
lack
of
studies
that
involve
such
contexts.
Cuba
represents
an
idiosyncratic
collectivist
economy
gradually
transforming
into
socialist
market
economy,
and
dearth
literature
on
entrepreneurship
Cuba.
Understanding
performance
drivers
challenges
faced
by
small
firms
this
context
may
have
important
theoretical
practical
implications.
We
explore
determinants
firms'
combine
capabilities
institutional
perspective
to
explain
turbulent
market.
Specifically,
we
suggest
managerial
capabilities,
supply-chain
problems,
factors
performance.
contribute
both
firm
contextualizing
perspectives
identify
critical
played
problems
economies
where
supply
constrained.