The Survival of Small Business Enterprise
AbstractThis paper considers three themes central to the survival of small business enterprise. Firstly, the incentive for entrepreneurship, which is discussed within a theoretical framework that draws on cooperative market games analysis, and finds a rationale for entrepreneurship in facilitating coalition formation. Secondly, the determinants of survival of a small firm, which is discussed whithin a statistical framework, providing estimates of the influence of key factors like gearing and product range on survival over a three year period. Thirdly, the political economy of enterprise stimulation, which looks at enabling institutions for fostering the inception and growth of small firms (like the Scottish Development Agency and Scottish Enterprise), considered from the standpoint of comparative institutional analysis. The treatment is informal, being based on an Inaugural Lecture, and is designed to be accesssible to the non-specialist.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Centre for Research into Industry, Enterprise, Finance and the Firm in its series CRIEFF Discussion Papers with number 9309.
Date of creation: Oct 1993
Date of revision:
Contact details of provider:
Postal: School of Economics and Finance, University of St. Andrews, Fife KY16 9AL
Phone: 01334 462420
Fax: 01334 462438
Web page: http://crieff.wordpress.com/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Reid, Gavin C., 1991. "Staying in business," International Journal of Industrial Organization, Elsevier, vol. 9(4), pages 545-556, December.
- Binmore, Ken, 1987. "Experimental economics," European Economic Review, Elsevier, vol. 31(1-2), pages 257-264.
- Hayne E. Leland and David H. Pyle., 1976.
"Informational Asymmetries, Financial Structure, and Financial Intermediation,"
Research Program in Finance Working Papers
41, University of California at Berkeley.
- Leland, Hayne E & Pyle, David H, 1977. "Informational Asymmetries, Financial Structure, and Financial Intermediation," Journal of Finance, American Finance Association, vol. 32(2), pages 371-87, May.
- Holmes, Thomas J & Schmitz, James A, Jr, 1990.
"A Theory of Entrepreneurship and Its Application to the Study of Business Transfers,"
Journal of Political Economy,
University of Chicago Press, vol. 98(2), pages 265-94, April.
- Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-70, May.
- Thomas VON UNGERN-STERNBERG, 1988.
"The Flexibility to Switch between Different Products,"
Cahiers de Recherches Economiques du DÃ©partement d'EconomÃ©trie et d'Economie politique (DEEP)
8806, Université de Lausanne, Faculté des HEC, DEEP.
- von Ungern-Sternberg, Thomas, 1990. "The Flexibility to Switch between Different Products," Economica, London School of Economics and Political Science, vol. 57(227), pages 355-69, August.
- Mazzola, Fabio & Bruni, Sergio, 2000. "The role of linkages in firm performance: evidence from southern Italy," Journal of Economic Behavior & Organization, Elsevier, vol. 43(2), pages 199-221, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bram Boskamp).
If references are entirely missing, you can add them using this form.