SMALL BUSINESS ECONOMICS
Scope & Guideline
Connecting theory and practice in small business economics.
Introduction
Aims and Scopes
- Entrepreneurship and Innovation:
The journal explores the dynamics of entrepreneurship, emphasizing innovation as a critical driver of economic growth. It examines how new ventures emerge, grow, and innovate within various contexts. - Small Business Financing:
Research on financing mechanisms, including venture capital, crowdfunding, and traditional loans, is a core area. The journal investigates how financial access influences the performance and sustainability of small businesses. - Socio-Economic Factors in Entrepreneurship:
The impact of socio-economic variables such as culture, gender, and regional characteristics on entrepreneurial behavior and outcomes is a significant focus area. - Public Policy and Entrepreneurship:
The journal critically analyzes the role of government policies, regulations, and support systems in fostering or hindering entrepreneurship and small business development. - Entrepreneurial Ecosystems:
Research on the interconnections between various stakeholders in the entrepreneurial ecosystem and how these networks influence venture success is a prominent theme.
Trending and Emerging
- Digital Transformation in Entrepreneurship:
There is a growing emphasis on how digital technologies impact small business operations, marketing, and innovation, reflecting the necessity for businesses to adapt to the digital economy. - Sustainability and Social Entrepreneurship:
Research exploring the intersection of entrepreneurship and sustainability is on the rise, emphasizing the role of social enterprises and environmentally conscious business practices. - Diversity and Inclusion in Entrepreneurship:
Emerging studies focus on the impacts of diversity within entrepreneurial teams and the importance of inclusive practices in driving innovation and business success. - Resilience and Crisis Management:
The COVID-19 pandemic has spurred research on how small businesses navigate crises, emphasizing resilience strategies and adaptive management in uncertain environments. - Equity Crowdfunding and Alternative Finance:
There is an increasing focus on alternative financing mechanisms such as equity crowdfunding, which are reshaping how entrepreneurs access capital and engage with investors.
Declining or Waning
- Traditional Business Models:
Research focusing solely on conventional business models without considering digital transformation and innovation is becoming less prominent, as the landscape shifts towards more adaptive and technology-driven approaches. - Local vs. Global Entrepreneurship:
The emphasis on local entrepreneurship challenges, without a corresponding focus on global opportunities and cross-border ventures, appears to be waning as globalization impacts small business strategies. - Passive Entrepreneurship:
Studies that treat entrepreneurship as a passive response to economic conditions are declining, with a growing shift towards understanding proactive and strategic entrepreneurial behaviors. - Single-Dimensional Performance Metrics:
There is a decreasing interest in analyzing small business performance through narrow metrics, as researchers increasingly adopt multidimensional approaches that consider sustainability and social impact. - Non-Digital Marketing Strategies:
Research focusing on traditional marketing strategies for small businesses is becoming less common, as the digital marketing landscape rapidly evolves and becomes a necessity for competitiveness.
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