The article addresses the question 'What makes an e-shop successful?' by providing various reference models. These reference models are for the obvious retail evolution, for quality and retail sales, for pricing and quality of products, and for pricing and quality of the sales process (i.e.,...

Young firms with the ability to internationalize early and decisively have received much attention in recent academic discussion. However, relatively little is known about the underlying processes that enable them to skip several stages of the internationalization process. We contribute to this...

Die vorliegende Studie untersucht den Einfluss der unternehmerischen Motivation auf die Wiedergründungsbereitschaft unter Berücksichtigung des Effekts des Unternehmensalters. Die Wiedergründungsbereitschaft impliziert dabei eine zusammenfassende Bewertung der nachhaltigen Zufriedenheit des...

Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: 'not necessarily'.

Crowdinvesting emerged recently as an alternative way of funding for start-up projects. Our dataset consists of all pledges made at Companisto, one of the largest crowdinvesting platforms in Europe. Using cluster analysis based on individual investment histories, we find that crowdinvestors...

The significant role of new ventures in economic and social development has led practitioners and researchers to search for the factors that affect new venture performance. In the Chinese apparel industry context, relationship ('guanxi') as a central idea in Chinese society deeply influences all...

Investment trajectories of new enterprises are a largely neglected but important issue of new firms' business behavior. This paper debuts in showing robust evidence of new venture investment time patterns by using investment time series of 4.733 new businesses. Based on a fixed effects nonlinear...

A pesar de la importancia atribuida a la innovación y al emprendimiento como factores clave para promover el desarrollo socioeconómico de los países, existe un gran desconocimiento sobre qué instrumentos públicos de innovación son más efectivos para las empresas nuevas. Este estudio...

Principal Topic: Choice of an appropriate business model is essential to the nascent entrepreneurial firm. The term 'business model' describes the collective of the strategies and tactics the firm uses to make money and outlines the underlying economic logic that explains how the firm creates...

This paper develops resource dependency and institutional theory arguments for explaining SME involvement in direct and indirect (via intermediaries) export activity. Based on resource dependency theory, we argue that a desire to leverage resources in a favorable home market may explain SME...