It is widely acknowledged that young ventures and fast growing firms have a strong impact on economic growth and employment creation. It is not only entrepreneurial dynamics associated to entry and exit of new ventures, but also the ability of firms to survive and grow, that is important for...

This article aims to gain a better understanding of the relationship between economic recession and entrepreneurship. The process of entrepreneurship, rather than the action itself, is a complex phenomenon, and such complexity surfaces when local context conditions worsen after an economic...