Small Business Economics

Article	Citations
Entrepreneurial prototyping: the role of purpose, prototype recycling, and skills bricolage	138
The influence of venture capital and university ownership on spin-off’s bank loan access: a synergistic effect	83
Adaptive capacity in the relationship between organizational sensitivity and crisis recovery	81
Realizing expectations? High-impact entrepreneurship across countries	81
Initial Coin Offerings: a Hybrid Empirical Review	78
Site entrepreneurship: desolation to destination	73
Hubristic founders and entrepreneurial exit: a proposed framework	72
Administrative reform and the disposal of zombie enterprises: evidence from China	70
Speed of pro-market reforms and entrepreneurial innovation	68
High-tech entrepreneurship in regional innovativeness: the role of government innovation intervention	68
The timing dilemma: understanding the determinants of innovative startups’ patent collateralization for loans	68
Rooted in place and potential to change: how sense of place and openness to change influence community entrepreneurship intentions	54
Seeds in rocky soil: the interactive role of entrepreneurial legacy and bridging in family firms’ organizational ambidexterity	50
Recognizing the need for a non-academic cofounder: competence (mis)perceptions in academic spin-off team formation	50
Does education enhance entrepreneurship?	50
Fiscal windfalls and entrepreneurship: fostering entry or promoting incumbents?	49
Drivers of fragility in the ventures of poverty entrepreneurs	48
A meta-analysis of entrepreneurial ecosystem elements and entrepreneurial activity	47
The entrepreneurial creation of private institutions: exchange platform innovations and economic development	47
Complementary funding: how location links crowdfunding and venture capital	44
The complex causality of gender and entrepreneurship: to grow or not to grow?	43
The non-linear impact of risk tolerance on entrepreneurial profit and business survival	41
AI, robots and innovation in European SMEs	41
Towards a comprehensive framework of the institutional dimensions in entrepreneurship research	40
ECB unconventional monetary policy and SME access to finance	40

Imprinting parental signals: a key driver of network status for new spinoff firms	40
Institutional distance, geographic distance, and Chinese venture capital investment: do networks and trust matter?	40
No islands of entrepreneurship—mapping the trans-local dimension of entrepreneurial ecosystems through networks of accelerator participation	40
From modesty to market: shareholder reactions to humility rhetoric in family and nonfamily firms under media scrutiny	39
Customer engagement patterns and new venture outcomes	37
How humiliation reconstructs (or ruins) the entrepreneurial self	37
University technology transfer: leveraging experiential learning and TTO’s resources	36
Green signals of new ventures: investigating the impact of environmental orientation on funding and the moderating role of lead venture capitalists	35
Is Nonprofit Entrepreneurship Unique?	35
Entrepreneurial stakeholder enrollment: discriminating alignment under intersubjective uncertainty	35
Natural disasters, personal attributes, and social entrepreneurship: an attention-based view	35
The COVID-19 pandemic and family business performance	34
The adoption of artificial intelligence methods in entrepreneurship research: current state and pathways forward	34
Environmental, social, and governance (ESG) initiative scores and firm performance: the importance and role of firm size	34
Bureaucracy, work organization, and the transition to entrepreneurship	34
Governors’ Tenure and Venture Capital Firms’ Early-stage Investing: A Subnational Institutional Perspective	33
A procedural perspective on academic spin-off creation: the changing relative importance of the academic and the commercial sphere	33
Digital equity and government support during COVID-19	33
Were small businesses more likely to permanently close in the pandemic?	32
Re-entrepreneurial experience and learning during challenging times	32
Financing decisions in private family firms: a family firm pecking order	30
The impact of trade facilitation on African SMEs’ performance	30
The Paycheck Protection Program and small business performance: Evidence from craft breweries	29
The role of culture in family firms	29
Effectuation and causation models: an integrative theoretical framework	29
Who is lending to small and micro family business in China: evidence from CHFS data	29
External pressures, internal priorities: how socially oriented NGOs condition the performance effects of SMEs’ sustainability orientation	29
Why SMEs go to crowdfunding? The role of financial constraints and agency issues	29
Save for a rainy day? How regional household savings constrain entrepreneurship after a natural disaster	29
Driving change in higher education: the role of dynamic capabilities in strengthening universities’ third mission	28
Labor market regulation and gendered entrepreneurship: a cross-national perspective	28
Financing A Free-for-All: Crowdfunding Open-Source Software	28
On why women-owned businesses take more time to secure microloans	28
From imposter fears to authenticity: a typology of women entrepreneurs	27
The times they are a‐changin’: how venture capital firms change their investment practices under the COVID-19 pandemic	27
Ownership types, institutions, and the internationalization of emerging economy new ventures: evidence from Africa	27
Digital adoption and human capital upscaling: a regional study of the manufacturing sector	27
Accountants in family firms—a systematic literature review	26
Outside or inside the firm? The impact of debt financing on the exit routes of start-up firms	26
Intellectual property among incorporated and unincorporated entrepreneurs	25
A tale of two startups: the loss and gain of startups in the U.S. economy in the pandemic	25
Unpacking the relationship between sense of place and entrepreneurs’ well-being	25
Innovation as a mixed gamble in family firms: the moderating effect of inter-organizational cooperation	25
Entrepreneurship under ambiguity: extending Aghion and Howitt	25
Indirect effects of R&D subsidies: labor mobility as a channel for knowledge spillovers	24
The social benefit of being destructive: entrepreneurship and loan diversion	24
Rural entrepreneurship: leveraging social media for circular economies and green activism	23
Third-party signals in crowdfunded microfinance: which microfinance institutions boost crowdfunding among refugee entrepreneurs?	23
Sustainable innovation in craft-based SMEs: a mixed-method study of Indonesian batik communities	23
Mapping the venture capital and private equity research: a bibliometric review and future research agenda	22

Family firm network strategies in regional clusters: evidence from Italy	22
Network-based principles of entrepreneurial ecosystems: a case study of a start-up network	22
Small grant subsidy application effects on productivity improvement: evidence from Japanese SMEs	22
Hybrid entrepreneurship and risk	22
Fostering SME survival through insolvency proceedings: a legitimacy perspective on retrenchment, age, and firm-specific distress	21
Christina Guenther: a commemoration	21
Stagnating or flourishing? How entrepreneurial support organizations navigate constraints in nascent ecosystems	21
It is not because it is offered that it is used: an investigation into firm-level determinants of use intensity of buffering services in science parks	21
SMEs, R &D financing, and credit shocks	21
How do successful exits impact regional development? Longitudinal evidence from European cities	20
Women-led ventures: target margins in emerging markets	20
Correction to: Human capital effects on fundraising for necessity- and opportunity-based entrepreneurs	20
The protestant ethic and entrepreneurship: inside the black box	20
Crisis as a catalyst: how the pre-existing values of entrepreneurs shape strategic crisis responses	20
Microfranchising and necessity entrepreneurs	20
Missing links of knowledge spillover effects on firm intensity and regional development	20
Entrepreneurship and innovation in worker cooperatives and conventional firms: the role of external cooperation	19
Truth, knowledge, and entrepreneurship theory: arguments for a rationalist scientific epistemology	19
Cultural diversity, social integration, and migrant entrepreneurship—evidence from the China migrants dynamic survey	18
What gets published and what doesn’t? Exploring optimal distinctiveness and diverse expectations in entrepreneurship articles	18
Entrepreneurship in religious organizations: How the Church of England developed an entrepreneurial orientation	18
Preparing fertile ground: how does the quality of business environments affect MSE growth?	18
Saras Sarasvathy: recipient of the 2022 Global Award for Entrepreneurship Research	18
Entrepreneurship at the periphery: financial constraints, firm growth, and the liability of distance in island contexts	17
Digitalization and trade participation of SMEs	17
Coping with high decline: firms’ resilience to adversity	17
Gender productivity gap: does gender-equal ownership compensate for female entrepreneurs’ lack of prior industry experience?	17
Does digitalization sufficiently empower female entrepreneurs? Evidence from their online gender identities and crowdfunding performance	17
Questions worth asking for futures worth making: an effectual approach	17
Growth expectations of entrepreneurs during crisis: the role of social, environmental, and economic motivations	17
Defining networks in entrepreneurial ecosystems: the openness of ecosystems	17
Managing destructive entrepreneurship in place: formal and informal institutions for the achievement of regional economic growth	16
Correction: Technology sourcing ambidexterity in corporate venture capital: limitations of learning from open innovation	16
Digital innovation in family firms: The roles of non-family managers and transgenerational control intentions	16
The “open family firm”: openness as boundary work in family enterprises	16
Correction: Accelerating emergence: the causal (but contextual) effect of social impact accelerators on nascent for-profit social ventures	16
Correction to: A second chance for failed entrepreneurs: a good idea?	16
National environmental regulations and green market participation by SMEs	16
Exploring spatial network structures in entrepreneurial ecosystems: a network and clustering analysis of global venture funding flows	16
Fluffy cuffs: SME’s innovation in alliances with buyer firms	16
Targeted monetary policy, SMEs’ loan availability, and corporate investment: evidence from China	16
Refugee entrepreneurship: systematic and thematic analyses and a research agenda	16
The impact of education on entrepreneurial entry in rural areas: the role of village entrepreneurial intensity and clan culture in emerging economies	15
Importing knowledge from psychology: how it broadens the scope of entrepreneurship research—and helps it avoid the “multi-tower effect”	15
Entrepreneurs’ impatience and digital technologies	15
We are in this together: leading resource exchange between entrepreneurial ecosystems to strategically steer their development	15
The role of family in unfolding the process of external corporate venturing in small family businesses	15
Translational research: from basic research to regional biomedical entrepreneurship	15
Correction to: The role of similarity and complementarity in the selection of potential partners for open innovation projects in family firms	15
How institutional soil nourishes entrepreneurial seeds: natural experimental evidence from China’s IPR protection	15
Orchestrating entrepreneurial ecosystems through transactive memory systems: a learning-based framework	15
New venture creation: innovativeness, speed-to-breakeven, and revenue tradeoffs	15
A path-centric account of action-oriented entrepreneurship training	15
The Virus and the Citadel: exploring the performance impact of business group affiliation for small businesses throughout the COVID-19 pandemic	14
Childhood exposure to natural disasters and future entrepreneurship in adulthood	14
Empowering female entrepreneurs through university affiliation: evidence from Italian academic spinoffs	14
European funds and firm performance: evidence from a natural experiment	13
Passion and attractiveness on display: an examination of gender bias in crowdfunding	13
Narrative entrepreneurship: bringing (his)story back to entrepreneurship	13
“Exhale the old and inhale the new”: Comparing the impact of anti-corruption campaign on entrepreneurship and exiting markets in China	13
HGX: the anatomy of high growth exporters	13
Does gender matter for corporate entrepreneurship? A cross-countries study	13
Role conflict, entrepreneurial identity, and academic entrepreneurship: the effects of immigration status	13
How unemployment benefit duration shapes startup motivation and growth	13
Re-viewing entrepreneurial universities through alumni engagement	13
Effects of immigration on native entrepreneurship in the US: an analysis of self-employment over 1980–2018	13
Policy failure in public support for small business innovation: the case of innovation vouchers in China	13
Training and innovation in microbusinesses	13
Giving something back: how reciprocal motivation drives entrepreneurs to contribute to their entrepreneurial ecosystem	13
Advisors for micro-entrepreneurs: is one as good as another in accessing alternative finance?	13
Sowing the seeds of rural prosperity? The limited impact of USDA investments on county-level business dynamics	12
The cost of health insurance and entry into entrepreneurship	12
Three waves of immigrant entrepreneurship: a cross-national comparative study	12
The impact of on-the-job training subsidies on firm-level outcomes: evidence from Flemish SMEs	12
Community-level social capital and investment decisions in equity crowdfunding	12
Learning from different types of failure: evidence from non-severe and severe work accidents in SMEs	12
Uneven gains: understanding LOF and multiculturalism impacts for immigrant and native-founded firms	12
ADHD and entrepreneurship: the role of perceived team conflict and gender on well-being	12
The role of entrepreneurial absorptive capacity for knowledge spillover entrepreneurship	12
Culture over regulation: institutional dimensions driving sustainable entrepreneurship	11

Shaping and furthering core conversations in entrepreneurship research: Dean A. Shepherd recipient of the 2025 Global Award for Entrepreneurship Research	11
Peer support and value creation among women entrepreneurs	11
Competition and firm recovery post-COVID-19	11
Immigrant communities and rural entrepreneurship: the double-edged dynamics of business exits in rural America	11
The role of similarity and complementarity in the selection of potential partners for open innovation projects in family firms	11
Token governance in initial coin offerings: Implications of token retention and resale restrictions for ICO success	11
Opportunity and necessity entrepreneurship: do linguistic structures matter?	11
Persistence of culture: how the entrepreneurial culture of origin contributes to migrant entrepreneurship	11
Does equity crowdfunding benefit ventures located in high unemployment regions?	11
The dynamic construction of an incubation context: a practice theory perspective	11
Comprehensive and multifaceted perspectives on sustainability, urban studies, and entrepreneurship	11
The interplay of context and entrepreneurship: the new frontier for contextualisation research	11
From poverty trap to commodity trap: entrepreneurship and well-being among the poor	11
Institutional enablers for sustainable entrepreneurship: a configurational analysis	11
Corruption, democracy, and entrepreneurship: the role of technology	10
Logics at play: How logics shape interactions across entrepreneurial ecosystems	10
Hidden costs of entering self-employment: the spouse’s psychological well-being	10
What restricts SMEs from adopting sophisticated capital budgeting practices?	10
Per Davidsson: recipient of the 2023 Global Award for Entrepreneurship Research	10
What drives the valuation of entrepreneurial ventures? A map to navigate the literature and research directions	10
Perspectives on rural entrepreneurial ecosystems and women’s venturing: an analysis of local factors associated with female self-employment in non-metro U.S. counties	10
SME growth in crisis: how different hybrid structures respond to innovation funding	10
Sexual orientation, entrepreneurship, and firm survival	10
Financial statement audit and regulatory focus in equity crowdfunding decisions	10
Early-stage start-up hiring: the interplay between start-ups’ initial resources and innovation orientation	9
Grow, grow, grow? Stakeholder value creation by high-growth firms	9
Pushing the boundaries of entrepreneurial ecosystems: antecedents to international network activity of entrepreneurial firms	9
Bribery, on-the-job training, and firm performance	9
From flashlight to spotlight: Illuminating gray shadows that shape entrepreneurship’s dark sides	9
Publisher Correction: Understanding the role of place in emerging organisational fields: a comparative analysis of nascent ICT entrepreneurial ecosystems in Japan	9
Stuck in short-term, daily operations, or not?: Unraveling SME’s long-term orientation	9
Re-viewing the entrepreneurial university: strategic challenges and theory building opportunities	9
Hiring family or non-family managers when non-economic (sustainability) goals matter? A multitask agency model	9
The impact of communication, gender, and risk aversion on family businesses’ sustainable practices: a game theoretical and experimental approach	9
Divergent thinking and post-launch entrepreneurial outcomes: non-linearities and the moderating role of experience	8
Publisher Correction: No islands of entrepreneurship—mapping the trans-local dimension of entrepreneurial ecosystems through networks of accelerator participation	8
Estimating the innovation benefits of first-mover and second-mover strategies when micro-businesses adopt artificial intelligence and machine learning	8
Entrepreneurial finance and regional ecosystem emergence	8
The emergence and impact of the entrepreneurship industry	8
Firm dynamics and productivity by age—evidence from Ireland	8
What drives micro-entrepreneurs’ value-oriented innovative behavior in microfinance: an entrepreneurial resourcefulness perspective	8
Crowdfunding investors, intermediaries and risky entrepreneurs	8
Assessing the impact of the EIB’s intermediated lending to SMEs during funding shocks	8
Historiography and the excavation of nascent business venturing	8
Crowdfunding: different types of legitimacy	8
Colors and Entrepreneurial Activities: An Exploratory Study	8
Cultural diversity and innovative entrepreneurship	8
High-growth firms’ contribution to aggregate productivity growth	8
From ambition to evidence: a practical tool for startup impact assessment	8
Creating an entrepreneurial ecosystem in a ‘knowledge desert’: the role of international connectivity and public institutional support	8
The rise of nonemployer businesses in the United States: an analysis by geography	7
Is sustainable entrepreneurship profitable? ESG disclosure and the financial performance of SMEs	7
Unveiling the role of entrepreneurial teams in the equity crowdfunding journey	7
Agencing entrepreneurial ecosystems for sustainability: A systematic review to rethink values, transformation, and boundaries	7
Board openness and family firm internationalization: a social capital perspective	7
Building a space entrepreneurship industry: The role of entrepreneurial support programs for startup growth	7
“Status” concerns and self-employment transitions	7
The role of cognitive legitimacy in social entrepreneurship: a multilevel analysis	7
Multinational enterprise spillover mechanisms in the genesis and evolution of entrepreneurial ecosystems	7
Entrepreneurship, sustainability, and urban development	7
Sustainability orientation of academic spinoffs: does it pay?	7
Self-efficacy and entrepreneurial performance of start-ups	7
Sustainable business model innovation in rural entrepreneurial ecosystems: a conceptual framework and research agenda	7
Does religion matter to angels? Exploring the influence of religion in entrepreneurial investor decision-making	7
Seeing through the mist: why the narrative of a secular decline in entrepreneurship is premature	7
Embracing the “fail fast and learn fast” mindset: conceptualizing learning from failure in knowledge-intensive SMEs	7
The dynamic impact of inter-firm network agreements	7
Government venture capital and financial constraints: growth and credit effects among Swedish SMEs	7
Microfoundations of entrepreneurial ecosystems: a critical commentary on future research directions	7
Becoming global billionaires from mainland China: 2004–2018	6
Evolution of micro and small enterprises’ work safety behavior in high-risk industries	6
Decentralized finance (DeFi) markets for startups: search frictions, intermediation, and the efficiency of the ICO market	6
Connectedness of entrepreneurial ecosystems: evidence from the mobility of knowledge-intensive entrepreneurs	6
Correction to: Core business prospects and the management of internal corporate ventures	6
Firm growth and financial constraints: evidence from a policy-based loan program	6
Artificial intelligence and firm growth — catch-up processes of SMEs through integrating AI into their knowledge bases	6
Organizing transactions between entrepreneurs and human capital resources under Knightian uncertainty	6
Entrepreneurial deviance as bright and dark character virtues: the Harry Potter study	6
Getting off to a good start: emerging academic fields and early-stage equity financing	6
The productivity shock in business services	6
Exploring resource synergies: strategic and versatile resources in venture growth	6
Is digitalization a source of innovation? Exploring the role of digital diffusion in SME innovation performance	6
Narcissism, workaholism, family support and new venture performance: a moderated mediation model	6
Right of association and new business entry: country-level evidence from the market sector	6
Culture and social entrepreneurship: the role of value-practice misalignment	6
A fatigue model of social venturing	6
Small Business Property Tax Reductions and Firm Productivity	6
Gender and firm-level corruption: new evidence from MENA	6
The dark side of doing good: a guiding framework for advancing research on the negative outcomes of social entrepreneurship	6
The role of lead investors in equity crowdfunding campaigns with a secondary market	6
Keeping pace with the digital transformation — exploring the digital orientation of SMEs	6
The growth paradox: mental health perceptions, ecosystem support, and growth aspirations of ADHD entrepreneurs	6
Family firm heterogeneity and patenting. Revising the role of size and age	6
Redefining the entrepreneurial ecosystem in China from a network-based view: A review and proposal for future research	6
Social innovation, goal orientation, and openness: insights from social enterprise hybrids	6