Internationalisation is one of the biggest challenges for family businesses. Although prosperous locally, many of these firms often face several difficulties in entering foreign markets. To date, there are contrasting results with respect to the internationalisation behaviour of family...

The COVID-19 pandemic had unprecedented consequences on businesses and, in particular, small and medium enterprises (SMEs). The aim of this paper is to empirically study the impact of the COVID-19 sanitary crisis on Swiss SMEs two years after the onset of the pandemic. Using a sample of 149 SMEs...

Microcredit was once universally lauded in international development community circles as a 'magic bullet'. Using the example of South Africa, this paper shows that microcredit has actually been an 'anti-developmental' local financial model, and one of the most calamitous financial sector...

This article presents the role of local governments in supporting entrepreneurship development. The content of the article presents the factors which foster activities undertaken by local authorities to promote entrepreneurship and also shows different considerations of when the supporting...

Small Medium and Micro Enterprises (SMMEs) play a significant role in the socio-economic stimulation of South Africa. Particularly, South African SMMEs are believed to contribute around 50% to the national Gross Domestic Product (GDP) while simultaneously employing up to 80% of the national...

Cryptomining, the clearing of cryptocurrency transactions, uses large quantities of electricity. We document that cryptominers' use of local electricity implies higher prices for existing small businesses and households. Studying the electricity market in Upstate NY and using the Bitcoin price...

In developing countries, households are faced with institutional constraints like missing or incomplete markets for credit, which leads to high transaction costs. Therefore, it is difficult to take advantage of income-generating opportunities. Households build social and political connections to...

In Brazil, small businesses represent more than 90 per cent of the total number of enterprises in the country and around 25 per cent of the gross domestic product. The Brazilian government has established a series of incentives to increase its participation in the national economy, as a matter...

Die weltweite Corona-Pandemie hat die globale Wirtschaft stark beeinflusst und weiterhin fest im Griff; nahezu alle Branchen sind betroffen. Von den Konsequenzen sind auch die kleinen und mittleren Unternehmen (KMU), die mit einem Anteil von über 99% aller Unternehmen das Herzstück der deutschen...

This paper addresses the performance of creative firms from the perspective of complex spatial systems. Based on an extensive high-dimensional database on both the attributes of individual creative firms in the Netherlands and a series of detailed regional facilitating and driving factors...