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Placing entrepreneurship and firming small town economies: manufacturing firms, adaptive embeddedness, survival and linked enterprise structures

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  • Jacob Salder
  • John R. Bryson

Abstract

SMEs make a major contribution to the economy of cities and places. The relationship between firms and place is increasingly explained through the application of city-based externality models. Such explanations have limited validity in a number of contexts. One of these is in the economies of small- and medium-sized towns and communities (SMST). Whilst convention has sought to apply core-periphery explanations to the functioning of firms within SMSTs, the economies of SMSTs and entrepreneurial processes of SME embedding, adaptation and survival in such places are more complex. This paper explores these entrepreneurial processes in the context of manufacturing firms in five SMSTs in the West Midlands, UK. The paper uses interview data to understand the relationships between SMEs and place through the development of successive and evolving linked enterprise structures. Through these linked enterprise structures, SMEs engage in a process of adaptive embeddedness, resulting in new resource configurations through fluid iterations of structural, emotional, and circumstantial embeddedness. This paper is the first to identify and explore these different forms of embeddedness.

Suggested Citation

  • Jacob Salder & John R. Bryson, 2019. "Placing entrepreneurship and firming small town economies: manufacturing firms, adaptive embeddedness, survival and linked enterprise structures," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(9-10), pages 806-825, October.
  • Handle: RePEc:taf:entreg:v:31:y:2019:i:9-10:p:806-825
    DOI: 10.1080/08985626.2019.1600238
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    Cited by:

    1. Philip Völlers, 2023. "Mitigating Extra‐Firm Risk Environments – The Case of Turkish Firms in Germany," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 114(3), pages 237-251, July.
    2. John R. Bryson & Lauren Andres & Andrew Davies, 2020. "COVID‐19, Virtual Church Services and a New Temporary Geography of Home," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 111(3), pages 360-372, July.
    3. Philipp Aerni, 2021. "Decentralized Economic Complexity in Switzerland and Its Contribution to Inclusive and Sustainable Change," Sustainability, MDPI, vol. 13(8), pages 1-18, April.
    4. Giovanni Marin & Marco Modica, 2021. "Local demand shocks and firms' survival: An application to the Italian economy during the Great Recession," Papers in Regional Science, Wiley Blackwell, vol. 100(3), pages 745-775, June.

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