Devece Carañana, CA.; Peris Ortiz, M.; Rueda Armengot, C. (2016). Entrepreneurship during economic crisis: Success factors and paths to failure. Journal of Business Research. 69(11):5366-5370. doi:10.1016/j.jbusres.2016.04.139
Por favor, use este identificador para citar o enlazar este ítem: http://hdl.handle.net/10251/80235
Title:
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Entrepreneurship during economic crisis: Success factors and paths to failure
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Author:
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Devece Carañana, Carlos Alberto
Peris Ortiz, Marta
Rueda Armengot, Carlos
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UPV Unit:
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Universitat Politècnica de València. Escuela Técnica Superior de Ingenieros Industriales - Escola Tècnica Superior d'Enginyers Industrials
Universitat Politècnica de València. Facultad de Administración y Dirección de Empresas - Facultat d'Administració i Direcció d'Empreses
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Issued date:
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Abstract:
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[EN] This paper identifies the combinations of fundamental entrepreneurial factors that drive the growth of new businesses
under different economic conditions. Using data from the Global Entrepreneurship Monitor (GEM)
survey, ...[+]
[EN] This paper identifies the combinations of fundamental entrepreneurial factors that drive the growth of new businesses
under different economic conditions. Using data from the Global Entrepreneurship Monitor (GEM)
survey, the study focuses on two moments in Spain's recent economic cycle: the 2008 economic crisis and the
economic boom prior to this downturn. The study presents an application of fuzzy-set qualitative comparative
analysis (fsQCA) to identify the basic entrepreneurial characteristics (opportunity recognition and innovation)
and drivers of entrepreneurship (necessity vs. opportunity) that increase the likelihood of success for new
businesses during these two periods in the economic cycle. Results reveal that necessity-driven entrepreneurship
is ineffective during recessions and that innovation and opportunity recognition are more relevant as success
factors during periods of recession than during periods of prosperity. Results also show that the entrepreneur's
perception of opportunities may be misleading in strong economies.
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Subjects:
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Entrepreneurship
,
Economic crisis
,
Startup
,
fsQCA
,
Innovation
,
Opportunity recognition
,
Necessity entrepreneurship
,
Growth expectation
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Copyrigths:
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Cerrado |
Source:
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Journal of Business Research. (issn:
0148-2963
) (eissn:
1873-7978
)
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DOI:
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10.1016/j.jbusres.2016.04.139
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Publisher:
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Elsevier
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Publisher version:
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http://dx.doi.org/10.1016/j.jbusres.2016.04.139
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Type:
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Artículo
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