Impediments on the Way to Entrepreneurship - Some New Evidence from the EU’s Post-Socialist World

Batsakis, Georgios

doi:10.2139/ssrn.2071175

Cited by 7 publications

(9 citation statements)

References 39 publications

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“…Women entrepreneurs frequently find it difficult to establish a balance between work and family. The solutions employed by women in handling their workfamily balance are directly connected to the effect of the family (Batsakis, 2014;Carter, Swaura, Ram, Trehan, & Jones, 2015;Jayawarna, Jones, Lam, & Phua, 2014;Jayawarna, Jones, & Macpherson, 2014;Pathak et al, 2013;Powell & Eddleston, 2013;Saridakis et al, 2014;Sullivan & Meek, 2012;Verheul, van Steel, & Thurik, 2006). For example, women are viewed as having a greater responsibility for childcare activities than men (Sullivan & Meek, 2012).…”

Section: Work-family Balance and Firm Performancementioning

confidence: 99%

Work-Family Balance and Marketing Capabilities as Determinants of Chinese Women Entrepreneurs' Firm Performance

Welsh

Kaciak

Memili

et al. 2017

Journal of Global Marketing

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Section: Work-family Balance and Firm Performancementioning

confidence: 99%

Work-Family Balance and Marketing Capabilities as Determinants of Chinese Women Entrepreneurs' Firm Performance

Welsh

Kaciak

Memili

et al. 2017

Journal of Global Marketing

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“…The business literature has long recognized small and medium enterprises (SMEs) as the engine of most economies in the world, and has acknowledged their significant roles in economic growth, employment and wealth creation (Le Roux and Bengesi, 2014; Batsakis, 2014; Nkwe, 2012; Burton et al , 2012; Ayyagari et al , 2011). SMEs comprise the majority of businesses in the world (Le Roux and Bengesi, 2014; Ayyagari et al , 2011); they contribute to more than one-third of gross domestic product (GDP), and to 34 percent of formal employment in emerging economies, 41 percent in developed economies and 52 percent in developing economies (ILO, 2017).…”

Section: Introductionmentioning

confidence: 99%

Succession planning and performance of family-owned small and medium enterprises in Arusha City – Tanzania

Kiwia

Bengesi

Ndyetabula

2019

JFBM

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Purpose The purpose of this paper is to examine succession planning and performance of family-owned small and medium enterprises (SMEs). Design/methodology/approach The quantitative research approach and a cross-sectional research design were employed. The probability sampling technique was used to draw 219 respondents from the sampling frame. A structured questionnaire was used for data collection. Descriptive statistics and independent samples t-tests were used for data analysis. Findings It was revealed that most of family-owned SMEs founders in the study area had mechanisms for succession planning for their businesses. Also, there is a difference in business performance when successors are selected and prepared by business founders compared to when they are selected and prepared by other family members. Successors selected and prepared by business founders performed better in business than successors who were selected and prepared by other family members. Research limitations/implications This study employed a quantitative research paradigm methodology, which limits deep discussion with respondents. Future studies could consider using a qualitative research paradigm methodology. Originality/value The paper presents succession planning process experience in family-owned SMEs in the study area, specifically the existence of succession planning in family-owned SMEs. It also shows a difference in business performance between the two investigated groups. This paper will benefit business founders, family business successors and researchers.

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“…Therefore, the mentality of females can reduce self-confidence, as well as negatively impact their business operations and performance. Factors such as age, urbanisation and education have no significant influence on the likelihood of an individual to engage in entrepreneurship (Batsakis, 2014). However, empirical studies on transition economies show that males have a higher probability of engaging in entrepreneurial activities compared with females (Estrin and Mickiewicz, 2011;Krasniqi, 2009).…”

Section: Access To Finance By Smes Entrepreneurship and Gendermentioning

confidence: 99%

Access to finance for SMEs in post-socialist countries: the Baltic States and the South Caucasus compared

Imarhiagbe

Smallbone

Saridakis

et al. 2021

JSBED

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PurposeThis article examines access to finance for SMEs in the Baltic States and the South Caucasus countries following the financial crisis of 2007 and is set within the context of the rule of law for businesses.Design/methodology/approachThe article uses the cross-sectional dataset from the Business Environment and Enterprise Performance Survey (BEEPS) for 2009 to examine access to finance for SMEs and the court system in the Baltic States and the South Caucasus countries. An ordered probit estimation technique is used to model access to finance and the court system in the Baltic States and the South Caucasus countries. The analysis draws upon institutional theory to explain access to finance for SMEs.FindingsThe results show variations from one Baltic State and South Caucasus country to another in relation to fairness, speed of justice and enforcement of court decisions. The analysis suggests that if access to finance is not an obstacle to business operations and the court system is fair, impartial and uncorrupted, it determines the likelihood of strength in entrepreneurship. Additionally, the results show that, within the Baltic region, businesses experiencing constraints in accessing finance are more likely to have females as their top managers. However, for the South Caucasus region, there was no gender difference.Research limitations/implicationsThis research is based on evidence from the Baltic States and the South Caucasus region. However, the findings are relevant to discussions on the importance of the context of entrepreneurship, and more specifically, the rule of law. The institutional theory provides an explanation for coercive, normative and mimetic institutional isomorphism in the context of access to finance for SMEs. Coercive institutional isomorphism exerts a dependence on access to finance for SMEs. In coercive institutional isomorphism, formal and informal pressures are exerted by external organisations such as governments, legal regulatory authorities, banks and other lending institutions. These formal and informal pressures are imposed to ensure compliance as a dependency for successful access to finance goal.Practical implicationsThis research creates awareness among entrepreneurs, potential entrepreneurs, business practitioners and society that reducing obstacles to access finance and a fair court system improve entrepreneurial venture formation. This has the potential to create employment, advance business development and improve economic development.Originality/valueThis paper makes an original contribution by emphasising the significance of access to finance and a fair court system in encouraging stronger entrepreneurship. The institutional framework provides a definition for coercive institutional isomorphism to show how external forces exert a dependence pressure towards access to finance for SMEs.

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Impediments on the Way to Entrepreneurship - Some New Evidence from the EU’s Post-Socialist World

Cited by 7 publications

References 39 publications

Work-Family Balance and Marketing Capabilities as Determinants of Chinese Women Entrepreneurs' Firm Performance

Work-Family Balance and Marketing Capabilities as Determinants of Chinese Women Entrepreneurs' Firm Performance

Succession planning and performance of family-owned small and medium enterprises in Arusha City – Tanzania

Access to finance for SMEs in post-socialist countries: the Baltic States and the South Caucasus compared

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