Simply the best: An exploration of advice that small business owners value

Kuhn, Kristine M.; Galloway, Tera L.; Collins-Williams, Maureen

doi:10.1016/j.jbvi.2017.05.003

Cited by 18 publications

(28 citation statements)

References 41 publications

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“…Small and medium enterprises constitute the main focus in shaping business development policies in the European Union (EU) coming to the forefront of the world economy (Kozubikova et al, 2015;Ehrenberger et al, 2015;Dai et al, 2017;Durguner, 2017;Kotane & Kuzmina-Merlino, 2017;Kuhn et al, 2017;Strielkowski et al, 2017;Melnichuk, 2017;Viesi et al, 2017;Machová et al, 2016). According to many researchers, by 2020 more than 50% of all workplaces will be occupied by sole traders and freelancers.…”

Section: Literature Reviewmentioning

confidence: 99%

Small and medium enterprises in the context of regional development and innovations

Ruchkina

Melnichuk

Фрумина

et al. 2017

Journal of International Studies

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Abstract. The current state of economic development and innovations' support often brings small and medium enterprises (SMEs) at the forefront of government fiscal policy. Various policy measures targeted at SMEs' support and development necessarily include measures on promotion of innovations within small business. However, despite substantial efforts undertaken by the authorities to increased financial injections into this area, development of innovations by small businesses faces many obstacles. Statistics on the registered small and medium enterprises shows that the sharp rise of entrepreneurship observed in the early 1990s changed for the stagnation towards the end of the decade and sluggish dynamics of the present time. Unfortunately, as practice shows, measures taken so far do not stimulate significant changes in the development of small business. Moreover, differentiation of small businesses between regions is only increasing, as it is manifested through substitution of divergence for convergence. Our paper analyzes the legal framework regulating small business development as well as state of innovations within SMEs so that to identify the main indicators

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Section: Literature Reviewmentioning

confidence: 99%

Small and medium enterprises in the context of regional development and innovations

Ruchkina

Melnichuk

Фрумина

et al. 2017

Journal of International Studies

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“…Giones et al, 2020 ; Kuckertz et al, 2020 ). Social distancing measures mean that entrepreneurs cannot network or meet up in physical settings with peers or professional advisors and mentors, which are crucial for entrepreneurs to access social support (Kuhn & Galloway, 2015 ; Kuhn et al, 2017 ; Vissa & Bhagavatula, 2012 ). While these traditional offline spaces might be closed off due to COVID-19 (Majchrzak & Shepherd, 2021 ), digital spaces are open for entrepreneurs to engage in.…”

Section: Introductionmentioning

confidence: 99%

“…Research points especially to online communities as alternative sources of critical social support (Giones et al, 2020 ; Majchrzak & Shepherd, 2021 ). In the entrepreneurship context, online communities refer to digital spaces where geographically dispersed, entrepreneurial-minded individuals come together and support each other (Kuhn et al, 2016 , 2017 ) by exchanging knowledge and providing resources or emotional aid (e.g., Faraj et al, 2016 ; Kraut & Resnick, 2012 ; Kuhn et al, 2016 ). Even outside the COVID-19 pandemic, researchers find that entrepreneurs can obtain support more efficiently in online communities in comparison to other sources (Kuhn et al, 2017 ).…”

Section: Introductionmentioning

confidence: 99%

Digital affordances: how entrepreneurs access support in online communities during the COVID-19 pandemic

et al. 2021

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COVID-19 has caused significant and unforeseen problems for entrepreneurs. While entrepreneurs would normally seek social support to help deal with these issues, due to social distancing, physical networks are often not available. Consequently, entrepreneurs must turn to alternative support sources, such as online communities, raising the question of how support is created in such spaces. Drawing on an affordance perspective, we investigate how entrepreneurs interact with online communities and base our qualitative analysis on conversation data (76,365 posts) from an online community of entrepreneurs on Reddit during the COVID-19 pandemic. Our findings draw out four affordances that online communities offer to entrepreneurs (resolving problems, reframing problems, reflecting on situations, refocusing thinking and efforts), resulting in a framework of entrepreneurial support creation in online communities. Thus, our study contributes to debates around (1) entrepreneurs’ support during COVID-19 and (2) digital affordances in the entrepreneurship context.

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“…Micro-entrepreneur support is one of the main factors that determine the survival of these businesses (NKakleu et al, 2011). It is, therefore, crucial to help this type of business QRFM 12,4 maximize its potential by providing appropriate support (Stout-Rostron, 2018;Kuhn et al, 2017;Ruchkina et al, 2017).…”

Section: The Challenge Of Micro-entrepreneur Supportmentioning

confidence: 99%

“…The support of micro-entrepreneurs is decisive in preventing the risk of default and allows micro-entrepreneurs to make "best choices" when making the decision to embark on an entrepreneurial project. In this regard, Balkenhol and Guerin (2003) as well as Kuhn et al (2017) note that the ex-ante creation support allows us to judge the degree of involvement, voluntarism and autonomy of the micro-entrepreneur and is decisive for the final decision to grant the financing. The objective here is to reduce the costs of the failure of the microenterprise and to protect the micro-entrepreneur from the risks he incurs if he is not able to manage his project once the financing is obtained.…”

Section: The Challenge Of Micro-entrepreneur Supportmentioning

confidence: 99%

Entrepreneurial microcredit support: the silver bullet for microenterprises success. The case of funds Mauricie in Quebec

Ayayi

Dali

2020

QRFM

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Purpose This study aims to propose a model of entrepreneurial microcredit support that could address the problem of entrepreneurial support provided by microfinance institutions. This objective is justified by the need to produce scientific knowledge that could be of use to practitioners and political decision-makers who formulate and implement strategies of social inclusion and poverty reduction. Design/methodology/approach The study adopts a socio-constructivist research perspective. Social constructivism is a theoretical approach that posits that all social reality is constructed. In other words, individuals construct their knowledge of reality relative to their social setting. This justifies the use of the focus group to supplement and validate the data gathered in an individual interview. The socio-constructivist perspective allows us to better understand and develop knowledge based on the meaning that interviewees attribute to their experience. This perspective also justifies the choice of qualitative data collection method. The data were collected during semi-structured interviews. Findings Entrepreneurial microcredit support is distinguished from classic entrepreneurial support because it places the individual at the center of the process by emphasizing soft skills in the development of the entrepreneurial spirit. This approach engenders an efficient support process that comprises three main steps: determination of entrepreneurial potential, empowerment and reinforcement of autonomy and acquisition of managerial skills. The efficiency stems from the fact that the time factor is not a constraint in the entrepreneurial microcredit support process and from the relationship of proximity and trust between the credit agent and the micro-entrepreneur. Originality/value To the best of authors’ knowledge, this is the first paper to deal with the entrepreneurial microcredit support, which is completely different from the classical entrepreneurial support because of the uniqueness of microfinance and micro-entrepreneurs. The model clearly reveals that the support for the development of the skills required to successfully run a microenterprise is provided based on a socio-constructivist approach in which the micro-entrepreneur is the main actor in the construction of “mobilized knowledge” required to nurture promoters’ entrepreneurial spirit. Consideration of soft skills in a socio-constructivist perspective is, therefore, indispensable for entrepreneurial development.

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Simply the best: An exploration of advice that small business owners value

Cited by 18 publications

References 41 publications

Small and medium enterprises in the context of regional development and innovations

Small and medium enterprises in the context of regional development and innovations

Digital affordances: how entrepreneurs access support in online communities during the COVID-19 pandemic

Entrepreneurial microcredit support: the silver bullet for microenterprises success. The case of funds Mauricie in Quebec

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