Pub Date : 2022-03-01DOI: 10.1177/02662426221078940
R. Hunt, Mathew L. A. Hayward, Yue Song, David M. Townsend, Maximilian Stallkamp
Trade credit strategies – comprised of the approaches used by internationalising firms to set the payment terms and schedules for their customers – are one of the few levers available to new small firms to overcome the liability of outsidership. They are vital to entrepreneurial firms seeking to achieve international market growth in the context of scarce resources and limited knowledge of foreign markets and partners. Though under-explored and under-theorised to-date, trade credits may unlock material insights for predictive models of entrepreneurial growth. As such, our study develops and tests the notion that trade credits constitute an important mechanism for entrepreneurial firms to initiate goodwill and generate valuable referrals. However, our findings also suggest that while riskier trade credit strategies help first-time exporters combat exclusion from networks key to a firm’s ability to internationalise, the attendant risks often have a detrimental impact on long-term profitability and survival, thus creating a decision-making conundrum for growth-aspirants. Drawing upon a sample of 88,000 export transactions by 1040 small lumber firms from 52 countries, we advance theory and practice by showing how trade credit strategies shape both growth and performance.
{"title":"Getting a Foot in the Door: Trade Credit Strategies and the Pursuit of Entrepreneurial Internationalisation","authors":"R. Hunt, Mathew L. A. Hayward, Yue Song, David M. Townsend, Maximilian Stallkamp","doi":"10.1177/02662426221078940","DOIUrl":"https://doi.org/10.1177/02662426221078940","url":null,"abstract":"Trade credit strategies – comprised of the approaches used by internationalising firms to set the payment terms and schedules for their customers – are one of the few levers available to new small firms to overcome the liability of outsidership. They are vital to entrepreneurial firms seeking to achieve international market growth in the context of scarce resources and limited knowledge of foreign markets and partners. Though under-explored and under-theorised to-date, trade credits may unlock material insights for predictive models of entrepreneurial growth. As such, our study develops and tests the notion that trade credits constitute an important mechanism for entrepreneurial firms to initiate goodwill and generate valuable referrals. However, our findings also suggest that while riskier trade credit strategies help first-time exporters combat exclusion from networks key to a firm’s ability to internationalise, the attendant risks often have a detrimental impact on long-term profitability and survival, thus creating a decision-making conundrum for growth-aspirants. Drawing upon a sample of 88,000 export transactions by 1040 small lumber firms from 52 countries, we advance theory and practice by showing how trade credit strategies shape both growth and performance.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"65 1","pages":"55 - 87"},"PeriodicalIF":7.1,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88981291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/02662426211070943
L. Aldieri, Vania Sena, C. P. Vinci
The purpose of this article is three-fold: first, it tests whether inter-industry R&D spillovers are positively associated with the likelihood of experiencing high growth episodes among R&D intensive firms in Europe, US and Japan; second, it tests whether such a relationship is conditional on their level of absorptive capacity (ACAP); third, it tests whether the acquisition of foreign patents, an additional channel to access external knowledge, trigger high growth episodes among a sub-set of R&D intensive firms. For the empirical analysis, we focus on R&D intensive manufacturing firms observed between 2002 and 2017, located in Europe, US and Japan. The empirical findings support the hypotheses suggesting that: a) inter-industry R&D spillovers are associated with the likelihood of experiencing high growth episodes; b) ACAP conditions the relationship between inter-industry R&D spillovers and the likelihood of experiencing high growth episodes and c) shares of foreign patents are positively associated with the likelihood of experiencing high growth episodes among high-tech R&D intensive firms. JEL codes: C41, L25, O33.
{"title":"High growth episodes among R&D intensive firms: Evidence for Europe, US and Japan","authors":"L. Aldieri, Vania Sena, C. P. Vinci","doi":"10.1177/02662426211070943","DOIUrl":"https://doi.org/10.1177/02662426211070943","url":null,"abstract":"The purpose of this article is three-fold: first, it tests whether inter-industry R&D spillovers are positively associated with the likelihood of experiencing high growth episodes among R&D intensive firms in Europe, US and Japan; second, it tests whether such a relationship is conditional on their level of absorptive capacity (ACAP); third, it tests whether the acquisition of foreign patents, an additional channel to access external knowledge, trigger high growth episodes among a sub-set of R&D intensive firms. For the empirical analysis, we focus on R&D intensive manufacturing firms observed between 2002 and 2017, located in Europe, US and Japan. The empirical findings support the hypotheses suggesting that: a) inter-industry R&D spillovers are associated with the likelihood of experiencing high growth episodes; b) ACAP conditions the relationship between inter-industry R&D spillovers and the likelihood of experiencing high growth episodes and c) shares of foreign patents are positively associated with the likelihood of experiencing high growth episodes among high-tech R&D intensive firms. JEL codes: C41, L25, O33.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"33 1","pages":"742 - 767"},"PeriodicalIF":7.1,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84550835","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/02662426211069851
Nermin Elkafrawi, Annie Roos, D. Refai
This article employs Stones’ (2005) Strong Structuration Theory (SST) to contextualise rural entrepreneurship. Through shadowing a single case study of a woman entrepreneur from rural Sweden, we propose gendered-local agency as operationalisation of active agency in practice. While SST positions active agency as a property of agents, we demonstrate it is as a property that is intertwined with both agents and structure. Simultaneously enabled and constrained, gendered-local agency itself becomes contextualised within gender-related and locality-related rural-specific interplay that modifies, preserves and challenges rural structures. The article contributes to the literature on contextualising entrepreneurship through a structuration lens by signifying gendered-local agency as a manifestation of rural-specific interplay between contexts as environments (out there) and context as constructed (through entrepreneurs). This conceptualisation proposes everyday entrepreneurship as a demonstration of agency in action, thus setting a foundation for exploring entrepreneurship through the context-specific agent-structure interplay in the rural context and others.
{"title":"Contextualising rural entrepreneurship – A strong structuration perspective on gendered-local agency","authors":"Nermin Elkafrawi, Annie Roos, D. Refai","doi":"10.1177/02662426211069851","DOIUrl":"https://doi.org/10.1177/02662426211069851","url":null,"abstract":"This article employs Stones’ (2005) Strong Structuration Theory (SST) to contextualise rural entrepreneurship. Through shadowing a single case study of a woman entrepreneur from rural Sweden, we propose gendered-local agency as operationalisation of active agency in practice. While SST positions active agency as a property of agents, we demonstrate it is as a property that is intertwined with both agents and structure. Simultaneously enabled and constrained, gendered-local agency itself becomes contextualised within gender-related and locality-related rural-specific interplay that modifies, preserves and challenges rural structures. The article contributes to the literature on contextualising entrepreneurship through a structuration lens by signifying gendered-local agency as a manifestation of rural-specific interplay between contexts as environments (out there) and context as constructed (through entrepreneurs). This conceptualisation proposes everyday entrepreneurship as a demonstration of agency in action, thus setting a foundation for exploring entrepreneurship through the context-specific agent-structure interplay in the rural context and others.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"12 1","pages":"1019 - 1040"},"PeriodicalIF":7.1,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79659018","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1177/02662426211055447
Peter Guckenbiehl, Graciela Corral de Zubielqui
This article investigates how start-ups have been affected by, and have responded to, the COVID-19 pandemic by analysing interview data from 32 Australian start-ups during Australia's second wave of COVID-19. A framework and visualisation were developed, capturing unexplored heterogeneity within these start-ups, depending whether the emphasis was upon opportunities or adversity, and the type and extent of business model changes. Six start-up types were identified: stable beneficiaries, business-as-usual continuers, digital adjusters, adversity survivors, opportunity graspers and lemonade makers. The findings suggest that most start-ups responded to the crisis through business model changes because of crisis-induced opportunities and crisis-induced adversity The anaysis found that the interplay between firm size and crisis influences whether start-ups focus on business model adaptation or business model innovation or a combination of both We thus contribute to the literature on business models, crisis management and a newly emerging field focusing on the implications of the COVID-19 pandemic for start-ups.
{"title":"Start-ups' business model changes during the COVID-19 pandemic: Counteracting adversities and pursuing opportunities.","authors":"Peter Guckenbiehl, Graciela Corral de Zubielqui","doi":"10.1177/02662426211055447","DOIUrl":"10.1177/02662426211055447","url":null,"abstract":"<p><p>This article investigates how start-ups have been affected by, and have responded to, the COVID-19 pandemic by analysing interview data from 32 Australian start-ups during Australia's second wave of COVID-19. A framework and visualisation were developed, capturing unexplored heterogeneity within these start-ups, depending whether the emphasis was upon opportunities or adversity, and the type and extent of business model changes. Six start-up types were identified: stable beneficiaries, business-as-usual continuers, digital adjusters, adversity survivors, opportunity graspers and lemonade makers. The findings suggest that most start-ups responded to the crisis through business model changes because of crisis-induced opportunities and crisis-induced adversity The anaysis found that the interplay between firm size and crisis influences whether start-ups focus on business model adaptation or business model innovation or a combination of both We thus contribute to the literature on business models, crisis management and a newly emerging field focusing on the implications of the COVID-19 pandemic for start-ups.</p>","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"40 1","pages":"150-177"},"PeriodicalIF":7.1,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8832112/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49358733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-28DOI: 10.14365/ibj.2022.33.1.3
Yoon-Hyun Kim, Changsung Kim, Jong-Hun Park
{"title":"해외 자회사 자율성의 선행 요인과 결과 연구","authors":"Yoon-Hyun Kim, Changsung Kim, Jong-Hun Park","doi":"10.14365/ibj.2022.33.1.3","DOIUrl":"https://doi.org/10.14365/ibj.2022.33.1.3","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"16 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77155814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-28DOI: 10.14365/ibj.2022.33.1.4
Dongjin Yoon
{"title":"The Effect of Entrepreneurship on International Competitive Advantage of Industry - The Case of T.J.Park’s Entrepreneurship and The Korean Steel Industry -","authors":"Dongjin Yoon","doi":"10.14365/ibj.2022.33.1.4","DOIUrl":"https://doi.org/10.14365/ibj.2022.33.1.4","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"117 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75476615","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-28DOI: 10.14365/ibj.2022.33.1.2
M. Jung, Seung-Kyu Hwang, Dahon Lee, A. Jo, Kyu-Hyun Lee, Y. Jeon, Hwanseung Suh
{"title":"A Study on ESG Management Cases Related to Korea Hydro & Nuclear Power’s Overseas Expansion","authors":"M. Jung, Seung-Kyu Hwang, Dahon Lee, A. Jo, Kyu-Hyun Lee, Y. Jeon, Hwanseung Suh","doi":"10.14365/ibj.2022.33.1.2","DOIUrl":"https://doi.org/10.14365/ibj.2022.33.1.2","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"110 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75991706","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-28DOI: 10.14365/ibj.2022.33.1.1
S. Oh, Sang Ro Yoon
{"title":"The Relationship Between the Concepts Pursued by the Corporate Vision and the Company’s Financial Performance - Centered on ‘Digital Transformation’ -","authors":"S. Oh, Sang Ro Yoon","doi":"10.14365/ibj.2022.33.1.1","DOIUrl":"https://doi.org/10.14365/ibj.2022.33.1.1","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"15 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85094509","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-12DOI: 10.1177/02662426211057376
H. Magadlah
{"title":"Book Review: Peace entrepreneurs and social entrepreneurship: Life stories from Israelis and Palestinians","authors":"H. Magadlah","doi":"10.1177/02662426211057376","DOIUrl":"https://doi.org/10.1177/02662426211057376","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"91 1","pages":"420 - 422"},"PeriodicalIF":7.1,"publicationDate":"2022-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76720195","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract Convention, in the setting of interjurisdictional economic competition, envisions a race-to-the-bottom when decentralized jurisdictions, in their eagerness to attract commerce, introduce policies to reduce business costs in the form of tax structures that under-provide local public goods and lax pollution standards that lower environmental quality. The current body of empirical evidence, however, does not provide compelling support for the race within the context of environmental federalism. The theoretical work presented herein debits the inventory of literature questioning the race-to-the-bottom claim by introducing agglomeration forces into the standard model. When agglomeration influences are weak to moderate, the race is still on. Conversely, when agglomeration forces are strong, fiscal competition influences are mitigated therefore providing jurisdiction's incentives to strengthen local environmental standards. JEL classification numbers: H73, R12, R30. Keywords: Environmental federalism, Interjurisdictional competition, External economies of scale.
{"title":"Decentralized Environmental Regulation with Agglomeration Forces","authors":"Mitch Kunce","doi":"10.47260/bej/1112","DOIUrl":"https://doi.org/10.47260/bej/1112","url":null,"abstract":"Abstract\u0000\u0000Convention, in the setting of interjurisdictional economic competition, envisions a race-to-the-bottom when decentralized jurisdictions, in their eagerness to attract commerce, introduce policies to reduce business costs in the form of tax structures that under-provide local public goods and lax pollution standards that lower environmental quality. The current body of empirical evidence, however, does not provide compelling support for the race within the context of environmental federalism. The theoretical work presented herein debits the inventory of literature questioning the race-to-the-bottom claim by introducing agglomeration forces into the standard model. When agglomeration influences are weak to moderate, the race is still on. Conversely, when agglomeration forces are strong, fiscal competition influences are mitigated therefore providing jurisdiction's incentives to strengthen local environmental standards.\u0000\u0000JEL classification numbers: H73, R12, R30.\u0000Keywords: Environmental federalism, Interjurisdictional competition, External economies of scale.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"88 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82519511","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：