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Good times, bad times: entrepreneurship and the business cycle

Author

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  • Juan A. Sanchis Llopis

    (ERI-CES and Department of Applied Economics II, University of Valencia. Facultad de Economía. Avenida dels Tarongers s/n, 46022 Valencia, Spain.)

  • José María Millán

    (Department of Economics, University of Huelva. Facultad de Ciencias Empresariales. Plaza de la Merced 11, 21071 Huelva, Spain.)

  • Rui Baptista

    (Brunel Business School, Brunel University London. Kingston Lane, Uxbridge UB8 2XX, United Kingdom; and CEG-IST, University of Lisbon, Portugal.)

  • Andrew Burke

    (Trinity Business School, Trinity College Dublin, University of Dublin. College Green, Dublin 2, Ireland.)

  • Simon C. Parker

    (Ivey Business School, Western University. 1255 Western Road, London, ON N6G 0N1, Canada.)

  • Roy Thurik

    (Erasmus School of Economic, Erasmus University Rotterdam. P.O. Box 1738, 3000 DR Rotterdam, Netherlands; and Montpellier BusinessSchool, France.)

Abstract

This article introduces the special issue on Entrepreneurship and the Business Cycle, comprising articles presented at the workshop Good Times Bad Times: Entrepreneurship and the Cycle, held at the University of Valencia in November 2011. The workshop was organized to share insights about the under-researched issue of the interplay between entrepreneurship and cyclical dimensions of entrepreneurship.

Suggested Citation

  • Juan A. Sanchis Llopis & José María Millán & Rui Baptista & Andrew Burke & Simon C. Parker & Roy Thurik, 2015. "Good times, bad times: entrepreneurship and the business cycle," Working Papers 1503, Department of Applied Economics II, Universidad de Valencia.
    • Handle: RePEc:eec:wpaper:1503
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    References listed on IDEAS

    as
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    20. Andrew E. Burke & Felix R. FitzRoy & Michael A. Nolan, 2000. "When Less is More: Distinguishing Between Entrepreneurial Choice and Performance," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 62(5), pages 565-587, December.
    21. Rui Baptista & Miguel Preto, 2011. "New firm formation and employment growth: regional and business dynamics," Small Business Economics, Springer, vol. 36(4), pages 419-442, May.
    22. Rui Baptista & Murat Karaöz, 2011. "Turbulence in growing and declining industries," Small Business Economics, Springer, vol. 36(3), pages 249-270, April.
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    24. José Millán & Emilio Congregado & Concepción Román, 2012. "Erratum to: Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 259-263, February.
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    26. Scott Shane, 2009. "Why encouraging more people to become entrepreneurs is bad public policy," Small Business Economics, Springer, vol. 33(2), pages 141-149, August.
    27. José Millán & Emilio Congregado & Concepción Román, 2012. "Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 231-258, February.
    28. Rui Baptista & Murat Karaöz & Joana Mendonça, 2014. "The impact of human capital on the early success of necessity versus opportunity-based entrepreneurs," Small Business Economics, Springer, vol. 42(4), pages 831-847, April.
    29. Congregado, Emilio & Golpe, Antonio A. & Carmona, Mónica, 2010. "Is it a good policy to promote self-employment for job creation? Evidence from Spain," Journal of Policy Modeling, Elsevier, vol. 32(6), pages 828-842, November.
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    Cited by:

    1. Konon, Alexander & Fritsch, Michael & Kritikos, Alexander S., 2018. "Business cycles and start-ups across industries: An empirical analysis of German regions," Journal of Business Venturing, Elsevier, vol. 33(6), pages 742-761.
    2. Ondřej Dvouletý, 2017. "What is the Relationship between Entrepreneurship and Unemployment in Visegrad Countries?," Central European Business Review, Prague University of Economics and Business, vol. 2017(2), pages 42-53.
    3. Anton Miglo, 2020. "Crowdfunding in a Competitive Environment," JRFM, MDPI, vol. 13(3), pages 1-38, February.
    4. Serban Mogos & Alex Davis & Rui Baptista, 2021. "High and sustainable growth: persistence, volatility, and survival of high growth firms," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 11(1), pages 135-161, March.
    5. Lechman, Ewa & Dominiak, Piotr, 2016. "Entrepreneurship vulnerability to business cycle. A new methodology for identification pro-cyclical and counter-cyclical patterns of entrepreneurial activity," MPRA Paper 68793, University Library of Munich, Germany.
    6. Grafström, Jonas, 2017. "Technological Change and Wage Polarization – The Illiberal Populist Response," Ratio Working Papers 294, The Ratio Institute.
    7. Ondřej Dvouletý, 2017. "Relationship Between Unemployment and Entrepreneurship Dynamics in the Czech Regions: a Panel VAR Approach," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 65(3), pages 987-995.
    8. Marija Krūmiņa & Anders Paalzow, 2017. "The Business Cycle and Early-Stage Entrepreneurship in Latvia," Societies and Political Orders in Transition, in: Arnis Sauka & Alexander Chepurenko (ed.), Entrepreneurship in Transition Economies, pages 135-152, Springer.
    9. Sotirakopoulos, Panagiotis & Mount, Matthew P. & Guven, Cahit & Ulker, Aydogan & Graham, Carol, 2023. "A tale of two life stages: The imprinting effect of macroeconomic contractions on later life entrepreneurship," Journal of Business Venturing, Elsevier, vol. 38(4).
    10. Garcia-Lorenzo, Lucia & Donnelly, Paul & Sell-Trujillo, Lucia & Imas, J. Miguel, 2018. "Liminal entrepreneuring: the creative practices of nascent necessity entrepreneurs," LSE Research Online Documents on Economics 85141, London School of Economics and Political Science, LSE Library.
    11. Rosa Caiazza & Phillip Phan & Erik Lehmann & Henry Etzkowitz, 2021. "An absorptive capacity-based systems view of Covid-19 in the small business economy," International Entrepreneurship and Management Journal, Springer, vol. 17(3), pages 1419-1439, September.
    12. Alexander Konon & Michael Fritsch & Alexander Kritikos, 2017. "Business Cycles and Start-ups across Industries: an Empirical Analysis for Germany," Jena Economics Research Papers 2017-013, Friedrich-Schiller-University Jena.
    13. José Miguel Giner & María Jesús Santa-María & Antonio Fuster, 2017. "High-growth firms: does location matter?," International Entrepreneurship and Management Journal, Springer, vol. 13(1), pages 75-96, March.
    14. Brixy, Udo & Murmann, Martin, 2016. "The growth and human capital structure of new firms over the business cycle," IAB-Discussion Paper 201642, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    15. Aleksandra Gawel & Agnieszka Głodowska, 2021. "On the Relationship between Economic Dynamics and Female Entrepreneurship: Reflections for the Visegrad Countries," Administrative Sciences, MDPI, vol. 11(3), pages 1-18, August.
    16. Emma Lappi & Johan E. Eklund & Johan Klaesson, 2022. "Does education matter for the earnings of former entrepreneurs? Longitudinal evidence using entry and exit dynamics," Journal of Evolutionary Economics, Springer, vol. 32(3), pages 827-865, July.
    17. David Urbano & David Audretsch & Sebastian Aparicio & Maria Noguera, 2020. "Does entrepreneurial activity matter for economic growth in developing countries? The role of the institutional environment," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 1065-1099, September.
    18. Mabel Pisá-Bó & José Fernando López-Muñoz & Josefina Novejarque-Civera, 2021. "The ever-changing socioeconomic conditions for entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 17(3), pages 1335-1355, September.

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    Keywords

    entrepreneurship; entrepreneurship cycle; business cycle; business density; unemployment; job creation;
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