Month: September 2025

External finance and the growth of rural and urban SMEs in England Article Date: 20 December 2024Authors: Amr Khafagy, Thao Nguyen, Matthew Gorton, Jeremy Phillipson Summary This study uses the UK Longitudinal Small Business Survey and an extended pooled ordered probit model (with firm- and year-effects) to test how external finance affects turnover growth for […]

Business model innovation and SME performance and performance variability: The role of CEO persistence Summary This study examines how business model innovation (BMI) affects small and medium-sized enterprises (SMEs), not only in terms of average performance but also the variability (risk) of outcomes. Drawing on dynamic capabilities and upper echelons theory, the authors test whether […]

Predicting viability of small businesses on the edge of failure Article Date: 2024 (audits 2011–2019) Article URL: https://www.tandfonline.com/doi/full/10.1080/00472778.2024.2435506?af=R Article Image: (none provided) Summary This paper evaluates 520 Dutch viability audits (2011–2019) of small businesses in financial distress and shows that traditional financial ratios lose predictive power once firms are already distressed. By integrating firm dynamics, […]

Making the case for digital transformation: Digital entrepreneurship and on-demand service innovation Summary This empirical paper examines how digital entrepreneurship drives on-demand service innovation and links that innovation to firm performance. Using a sample of South Korean enterprises, the authors show that appointing a dedicated person responsible for digital transformation significantly improves a firm’s ability […]

The power of people in family firms Article Meta Article Date: 08 Nov 2024 Article URL: https://www.tandfonline.com/doi/full/10.1080/00472778.2024.2418863?af=R Article Image: Cover image Summary This article is the editorial introduction to a special collection (Theories of Family Enterprise) that centres on the human side of family firms. The authors review, integrate and extend five papers that examine […]

Exploitative and exploratory search: Dynamic capabilities enhancing SME adaptation, new product development, and environmental performance Article Meta data Article Date: 01 Nov 2024 Article URL: https://www.tandfonline.com/doi/full/10.1080/00472778.2024.2418026?af=R Article Title: Exploitative and exploratory search: Dynamic capabilities enhancing SME adaptation, new product development, and environmental performance Article Image: Journal cover Summary This empirical study of 437 manufacturing SMEs […]

Peer-to-peer lending: Exploring borrowers’ motivations and expectations Article Date: 06 Dec 2024Article URL: https://www.tandfonline.com/doi/full/10.1080/00472778.2024.2431232?af=RArticle Image: Cover image Summary This paper examines why small businesses in five European countries turn to peer-to-peer (P2P) lending platforms, what they expect from these platforms and how satisfied they are. The study fills a gap in the literature by focusing […]

Exploring the effects of institutional logics on entrepreneurial opportunity evaluations in emerging economies Article Date: 05 November 2024 Article URL: https://www.tandfonline.com/doi/full/10.1080/00472778.2024.2418027?af=R Article Image: Summary This experimental study tests how two institutional logics — family and market — influence entrepreneurial opportunity evaluations in an emerging economy (India). Using a two-wave scenario experiment with 326 aspiring entrepreneurs […]