The determinants of entrepreneurship and small business growth in Kosova: evidence from new and established firms
by Besnik A. Krasniqi, Justina Shiroka-Pula, Enver Kutllovci
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 8, No. 3, 2008

Abstract: This paper aims to provide an in-depth analysis of the important factors explaining small firm growth contextualised in a very unique transition economy – Kosova. Although the small business literature suggests that there is a range of complex factors explaining small business growth, there is still scarce evidence on whether these interpretive frameworks are sufficient in explaining small firm growth in a transition context. For this purpose, this paper uses survey data from a randomly selected sample of 350 Small- and Medium-sized Enterprises (SMEs). Based on this data set, the Ordinary Least Square (OLS) regression is employed in order to compare the impact of the three sets of factors (the firm, the entrepreneur and the business environment) on the growth of new versus the more established small firms. Our findings generally refute Gibrat's Law and support Jovanovic's Learning Theory. We also find that a multiplant firm, the separation of ownership and management, the age of the entrepreneur at the startup and entrepreneurial teams exert a positive effect on firm growth. The findings support the view that the prior unemployment status of the entrepreneur is negatively linked with growth. The paper provides some important conclusions and implications for policymakers and entrepreneurs.

Online publication date: Tue, 15-Jul-2008

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Innovation Management (IJEIM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com