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Entrepreneurial finance in an extended period of crises

Author

Listed:
  • Alexander Peter Groh

    (Aix-Marseille University)

  • Christina Guenther

    (WHU – Otto Beisheim School of Management)

  • Denis Schweizer

    (Concordia University)

  • Silvio Vismara

    (University of Bergamo
    IMT School for Advanced Studies Lucca)

Abstract

Recent global crises, such as the COVID-19 pandemic, severe supply chain disruptions, and ongoing geopolitical tensions, have profoundly reshaped the entrepreneurial and financial landscapes. This Special Issue of the Small Business Economics Journal explores these transformations. Key insights include the impact of unconventional monetary policy on SME financing, the success factors of bailout programs, the critical role of active investors in fostering firm resilience, the implementation of digitizing technologies, and the adoption of survival strategies on a microeconomic level. Together, these findings underscore the flexibility and resilience of entrepreneurs and offer actionable lessons for policy and practice.

Suggested Citation

  • Alexander Peter Groh & Christina Guenther & Denis Schweizer & Silvio Vismara, 2025. "Entrepreneurial finance in an extended period of crises," Small Business Economics, Springer, vol. 65(2), pages 763-776, August.
    • Handle: RePEc:kap:sbusec:v:65:y:2025:i:2:d:10.1007_s11187-025-01007-4
    DOI: 10.1007/s11187-025-01007-4
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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