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How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA

David Pickernell Orcid Logo, Malcolm Beynon, Martina Battisti, Paul Jones Orcid Logo, David Pickernell

British Journal of Management, Volume: 32, Issue: 3, Pages: 832 - 851

Swansea University Authors: David Pickernell Orcid Logo, Paul Jones Orcid Logo

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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...

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Published in: British Journal of Management
ISSN: 1045-3172 1467-8551
Published: UK Wiley 2021
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URI: https://cronfa.swan.ac.uk/Record/cronfa55595
first_indexed 2020-11-04T19:47:18Z
last_indexed 2021-07-13T03:21:26Z
id cronfa55595
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spelling 2021-07-12T15:51:31.5600503 v2 55595 2020-11-04 How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA 913bd73da00d7df4f5038f6f144b235e 0000-0003-0912-095X David Pickernell David Pickernell true false 21e2660aaa102fe36fc981880dd9e082 0000-0003-0417-9143 Paul Jones Paul Jones true false 2020-11-04 CBAE 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. Journal Article British Journal of Management 32 3 832 851 Wiley UK 1045-3172 1467-8551 Exit; SME; fsQCA 4 7 2021 2021-07-04 10.1111/1467-8551.12438 COLLEGE NANME Management School COLLEGE CODE CBAE Swansea University 2021-07-12T15:51:31.5600503 2020-11-04T19:25:46.6402443 Faculty of Humanities and Social Sciences School of Management - Business Management David Pickernell 0000-0003-0912-095X 1 Malcolm Beynon 2 Martina Battisti 3 Paul Jones 0000-0003-0417-9143 4 David Pickernell 5 55595__19179__3b4fa8465678476d962cb830a7b74f68.pdf 55595.AAM.pdf 2021-01-25T17:48:28.5503450 Output 1522210 application/pdf Accepted Manuscript true 2022-11-04T00:00:00.0000000 true eng
title How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
spellingShingle How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
David Pickernell
Paul Jones
title_short How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
title_full How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
title_fullStr How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
title_full_unstemmed How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
title_sort How Institutions Matter in the Context of Business Exit: A Country Comparison Using GEM Data and fsQCA
author_id_str_mv 913bd73da00d7df4f5038f6f144b235e
21e2660aaa102fe36fc981880dd9e082
author_id_fullname_str_mv 913bd73da00d7df4f5038f6f144b235e_***_David Pickernell
21e2660aaa102fe36fc981880dd9e082_***_Paul Jones
author David Pickernell
Paul Jones
author2 David Pickernell
Malcolm Beynon
Martina Battisti
Paul Jones
David Pickernell
format Journal article
container_title British Journal of Management
container_volume 32
container_issue 3
container_start_page 832
publishDate 2021
institution Swansea University
issn 1045-3172
1467-8551
doi_str_mv 10.1111/1467-8551.12438
publisher Wiley
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management
document_store_str 1
active_str 0
description 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.
published_date 2021-07-04T19:57:55Z
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score 11.04748

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