Description of ActivityUnderstanding Business Exit: a Country comparison using fsQCA
One under investigated area of business research is the understanding of the reasons for business exit. Business exit is the process by which the business owner exits the business to maximise value via alternative opportunities or due to business failure-related reasons. This study offers a novel view on this impacting stage for any business. A country level comparison analysis is undertaken here, using the 2015 Global Entrepreneurship Monitor dataset, considering 54 countries, with two elements of business exit considered, entitled Entrepreneurial Exit Dynamics and Excessive Bureaucracy. Beyond these, each considered country is described by four condition variables, including those derived from factor analysis, and related to the GEM model, as Stage of Economic Development, Entrepreneurial Framework Conditions, Entrepreneurial Opportunities and Entrepreneurial Capacity / Preferences. It is argued these variables offer different dimensions at the country level, which may contribute to business exit. FsQCA is the technical lens through which the country comparison is undertaken, formulating causal recipes describing the combinations of country conditions which may explain concomitant high or low levels of business exit.
|Period||28 Jun 2017|
|Degree of Recognition||International|