Entrepreneurship, a determinant factor in the sustainable development of small businesses

Authors

  • Manta P. Elena Otilia ”Victor Slăvescu” Centre for Financial and Monetary Research of The Romanian Academy, Bucharest, Romania

DOI:

https://doi.org/10.22437/ppd.v6i4.6134

Abstract

Entrepreneurship has emerged from people's permanent desire to meet their own needs, namely the permanent capacity to adapt to the new technological challenges of the markets and to create new elements to meet the needs of the market. Due to their innovative nature, entrepreneurs persist in discovering new sources of documentation to continually improve their activities. For the sustainable development of small businesses, especially in rural areas, the role of entrepreneurs is determined by their knowledge capacities in terms of supply, the cost of their products and services, and the mobilization of financial resources in the development of new businesses or the expansion of existing businesses.

Downloads

Download data is not yet available.

References

Aidis, R., Estrin, S. & Mickiewicz, T. (2008). Institutions and entrepreneurship development in Russia: A comparative perspective. Journal of Business Venturing, (23)6, 656-672.

Alvarez, C., & Urbano, D. (2011). Environmental factors and entrepreneurial activity in Latin America, Academia, Revista Latinoamericana de Administración, 48, 126-139.

Andrews, K.R. (1971). The concept of corporate strategy, Homewood, Illinois: Irwin.

Bandura, A. (1986). Social foundations of thought and action: A social cognitive theory, Englewood Cliffs, NJ: Prentice-Hall.

Baum, J.R., Locke, E.A. & Smith, K.G. (2001). A multidimensional model of venture growth, Academy of Management Journal, (44)2, 292–303.

Balaram, B., Warden J. & F. Wallace-Stephens (2017), Good Gigs. A fairer future for the UK’s gig economy,RSA (Royal Society for the encouragement of Arts, Manufactures and Commerce), April,https://www.thersa.org/globalassets/ pdfs/reports/rsa_good-gigs-fairer-gig-economy-report.pdf.

Bartelsman, E.J., S. Scarpetta & F. Schivardi (2003), Comparative Analysis of Firm Demographics and Survival: Micro-Level Evidence for the OECD Countries, OECD Economics Department Working Paper No. 348, OECD, Paris.

Burtch, G., Carnahan, S. & B.N. Greenwood (2016), Can You Gig it? An Empirical Examination of the Gig-Economy and Entrepreneurial Activity, University of Michigan Working Paper, https://papers.ssrn.com/sol3/papers.cfm?abstract_id =2744352.

Blanchenay, P., Criscuolo, C & F. Calvino (forthcoming), Cross-country evidence on business dynamics over the last decade: from boom to gloom?, OECD Science, Technology and Industry Working Papers, OECD Publishing, Paris.

Blackburn, R & Kovalainen, A. (2009). Researching small firms and entrepreneurship: Past, present and future, International Journal of Management Reviews, (11)2, 127-148.

Bruton, G.D., Ahlstrom, D. & Li, H-L. (2010). Institutional theory and entrepreneurship: Where are we now and where do we need to move in the future? Entrepreneurship Theory and Practice, (34)3, 421-440

Busenitz, L., Gomez, C. & Spencer, J. (2000). Country institutional profiles: Unlocking entrepreneurial phenomena. Academy of Management Journal, (43)5, 994-1003.

Carroll, J.B. (Ed.) (1964). Language, thought, and reality: Selected writings of Benjamin Lee Whorf, Cambridge, MA: The MIT Press.

Chandler, A.D. Jr., & Hikino, T. (1997). The large industrial enterprise and the dynamics of modern economic growth, in Chandler, A. D. Jr., Amatori, F. & Hikino, T. (Eds.). Big Business and the wealth of nations, USA: Cambridge University Press, pp. 24-57.

Chell, E. (2008). The nascent entrepreneur, business development and the role of human resources. In R. Barret & S. Mayson (Eds.), International handbook of Entrepreneurship and HRM, Cheltenham, UK: Edward Elgar, 21-46.

Covin, J.G. and Slevin, D.P. (1986). The development and testing of an organizational-level entrepreneurship scale, in Ronstadt R., Hornaday, J., Peterson, R. and Vesper, K.H. (eds.), Frontiers ofentrepreneurship research, Wellesley, MA: Babson College, pp. 628–39.

Covin. J. G. and Slevin, D.P. (1991) A conceptual model of entrepreneurship as firm behavior, Entrepreneurship Theory and Practice, (16)1, 7–24.

Hayton, J.C. (2005). Promoting corporate entrepreneurship through human resource management practices: a review of empirical research, Human Resource Management Review, (15)1, 21-41.

Decker, R., Haltiwanger J., Jarmin R. & J. Miranda (2016), Declining Business Dynamism: What We Know and the Way Forward, The American Economic Review.

Facebook-OECD-World Bank (2017), The Future of Business Survey. Trade Report, July, www.futureofbusinesssurvey.org.

Fairlie, R.W., A. Morelix, E.J. Reedy & J. Russell (2016). 2016 – The Kauffman Index of Startup Activity. National trends. Kansas City: Ewing Marion Kauffman Foundation.

Hayton, J.C. (2006). A competency-based framework for promoting corporate entrepreneurship. Human Resource Management, (45)3, 407-427.

Haltiwanger, J. (2016), Top ten signs of declining business dynamism and entrepreneurship in the United States, essay for the New Entrepreneurial Growth Agenda, Kauffman Foundation, http://www.kauffman.org/neg/section-3.

Helfat, C.E. (2000). Guest editor introduction to the special issue: the evolution of firm capabilities. Strategic Management Review, 21, 955-959.

Lumpkin, G.T., Dess, G.G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance, Academy of Management Review, (21)3, 135–72.

Lassen, A.H., Gertsen, F, & Riis, J.E. (2006). The nexus of corporate entrepreneurship and radical innovation, Journal Compilation, (15)4, 359-372.

March, J.G., Olsen, J.P. (1989). Discovering institutions: The organizational basis of politics, New York: Free Press. page 1010

Miller, D. (1983). The correlates of entrepreneurship in three types of firms, Management Science, (29)7, 770–791.

Mustar, P. (2009). Technology management education: Innovation and entrepreneurship at MINES Paris Tech, a leading French engineering school, Academy of Management learning & Education, (8)3, 418-425.

Nonaka y Takeuchi (1995). The knowledge creating company. How Japanese companies create the dynamics of innovation. New York: Oxford University Press.

North, D.C. (1990). Institutions, Institutional Change and Economic Performance. New York: Cambridge University Press.

North, D.C. (2005). Understanding the Process of Economic Change. Princeton, NJ. Princeton University Press.

OECD (2014), Statistical Business Registers and Business Demography Statistics: Review of country practices, document for the 24th Meeting of the Wiesbaden Group on Business Registers, http://www.statistik.at/web_en/about_us/events/ wiesbaden_group_meeting_2014/agenda/index.htm

OECD (2016), It’s a gig, but is it a job?, in OECD Observer, retrieved from http://www.oecdobserver.org/news/fullstory.php/aid/5464/It_s_a_gig,_but_is_it_a_job_.html

Pinillos, M.J., & Reyes, L. (2011). Relationship between individualist–collectivist culture and entrepreneurial activity: evidence from Global Entrepreneurship Monitor data. Small Business Economics, (37)1, 23-37.

Robson, P.J.A., Haugh, H.E., Obeng, B.A. (2009). Entrepreneurship and innovation in Ghana: Enterprising Africa, Small Business Economics, (32), 331-350.

Rogers, M. (2004). Networks, firm size and innovation, Small Business Economics, (22)2, 141–153.

Schafer, D.S. (1990). Level of entrepreneurship and scanning source usage in very small businesses, Entrepreneurship Theory and Practice, (15)2, 19–31.

Schumpeter, J.A. (1934). The theory of economic development, Cambridge, MA: Harvard University Press.

Schumpeter, J.A. (1950). Capitalism, socialism and democracy (3rd Ed.). New York.

Harper & Row. Scott, W.R. (2007). Institutions and Organizations: Ideas and interests, Thousand Oaks, CA: Sage Pubications.

Shane, S. (2012). Reflections on the 2010 AMR decade Award: delivering on the promise of entrepreneurship as a field of research, Academy of Management Review, (37)1, 10–20.

Shane, S., Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. Academy of Management Review, (25)1, 217-226.

Downloads

Published

2019-03-08 — Updated on 2019-03-08

How to Cite

Otilia, M. P. E. (2019). Entrepreneurship, a determinant factor in the sustainable development of small businesses. Jurnal Perspektif Pembiayaan Dan Pembangunan Daerah, 6(4), 389-406. https://doi.org/10.22437/ppd.v6i4.6134