The crisis management literature has not dealt in depth with small business response to disasters. This study takes a qualitative approach to consider how small businesses respond to and recover from a large disaster, by interviewing stakeholders in five different communities in the Gulf Coast of the United States. Events that are considered to be crises in nature are usually characterized by high consequence, low probability, ambiguity, and decision making time pressure. Hurricane Katrina and its aftermath caused small business owners in the U.S. Gulf region to experience each of these. Findings include lack of planning by small business; vulnerability to cash flow interruption; lack of access to capital for recovery; problems caused by federal assistance; and serious infrastructure problems impeding recovery.
This study examines the constructs of entrepreneurial orientation (EO) versus small business orientation (SBO), their impact on small business performance, and whether these effects are moderated by longevity. A sample of 267 small business owners from 11 small-medium downtowns was used in structural equation modeling (SEM) testing of the measurement, structural and moderation hypotheses. The measurement confirmatory factor analyses models of the two constructs revealed that EO and SBO are unique constructs. Then a structural model predicting performance was tested. Finally, a two-group model split on "below 11 years" versus "11+ years" demonstrated that the structural paths connecting EO and SBO to performance are not the same in these groups: for the younger group, only EO significantly predicts performance while for the older group, only SBO significantly predicts performance.
Women entrepreneurs have recently been the subject of many studies which have revealed that though women possess some of the same resources as male entrepreneurs, success levels are not the same. The current study looks at the resources utilized by small business owners within downtown business districts. Using a sample of 467 small business owners, we test differences in entrepreneurial orientation and social capital between men and women entrepreneurs. Though women actually reported higher levels of entrepreneurial orientation and social capital, there were no differences in their abilities to utilize these two resources in achieving firm performance. We offer discussion of why these findings are relevant, as well as research implications.Keywords Small business . Entrepreneurship . Social capital . RBV
Women small business ownersIn most industrialized countries, while great strides have been made by women in the workforce, significant disparities continue to exist between men's and women's salaries (MacRae, 2005). Reasons for these differences have been well documented,
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