Journal article 1137 views 241 downloads
How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
David Pickernell 
,
Malcolm Beynon,
Martina Battisti,
Paul Jones ,
David Pickernell
,
Malcolm Beynon,
Martina Battisti,
Paul Jones ,
David Pickernell
British Journal of Management, Volume: 32, Issue: 3, Pages: 832 - 851
Swansea University Authors:
David Pickernell , Paul Jones
-
PDF | Accepted Manuscript
Download (1.45MB)
DOI (Published version): 10.1111/1467-8551.12438
Abstract
Despite evidence of substantial differences in business exit rates across countries, understanding of the institutional conditions contributing to those differences is still incomplete. Methodological limitations have left considerable gaps in our understandingof business exit, due to the dominance...
| Published in: | British Journal of Management |
|---|---|
| ISSN: | 1045-3172 1467-8551 |
| Published: |
UK
Wiley
2021
|
| Online Access: |
Check full text
|
| URI: | https://cronfa.swan.ac.uk/Record/cronfa55595 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Abstract: |
Despite evidence of substantial differences in business exit rates across countries, understanding of the institutional conditions contributing to those differences is still incomplete. Methodological limitations have left considerable gaps in our understandingof business exit, due to the dominance of regression models that capture institutionalconditions in isolation, but fall short of identifying complex combinations of conditions.Using Global Entrepreneurship Monitor (GEM) data and a fuzzy-set qualitative comparative analysis (fsQCA) of a sample of 54 case countries, we utilize a configurationalapproach to examine how different combinations of regulatory, normative and culturalcognitive institutional conditions lead to variations in business exit rates across countries at different stages of economic development. Further, we identify distinct recipes leading to business exit that are associated with the presence or absence of high business exit rates across countries. The study contributes to institutional theory as well as the business exitliterature not only by discussing which combinations of institutions determine when exit is beneficial and detrimental to the economy, but also which specific combinations apply across sets of countries. |
|---|---|
| Keywords: |
Exit; SME; fsQCA |
| College: |
Faculty of Humanities and Social Sciences |
| Issue: |
3 |
| Start Page: |
832 |
| End Page: |
851 |