Entrepreneurial firms: With whom do they compete, and where?
Journal article
Cowling, Marc and Nadeem, Simon Peter 2020. Entrepreneurial firms: With whom do they compete, and where? Review of Industrial Organization. https://doi.org/10.1007/s11151-020-09782-y
| Authors | Cowling, Marc and Nadeem, Simon Peter |
|---|---|
| Abstract | Many different theories that have attempted to explain why smaller entrepreneurial firms exist. Surprisingly, very little empirical work has tested the obvious questions, such as: Are small firm’s price-takers in highly competitive markets? Who do they compete against? What if they try to raise prices? Does innovation offer niche market protection? Using a large UK data set our key findings are that less than 5% of entrepreneurial firms operate in markets where they effectively have no competition and a quarter of all small firms would lose at least a third of their sales if they raised prices by 10%. |
| Keywords | Competition; Entrepreneurship; Market Structure; Market Niches; Small Business |
| Year | 2020 |
| Journal | Review of Industrial Organization |
| Publisher | Springer |
| ISSN | 0889-938X |
| 1573-7160 | |
| Digital Object Identifier (DOI) | https://doi.org/10.1007/s11151-020-09782-y |
| Web address (URL) | http://hdl.handle.net/10545/625247 |
| http://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| hdl:10545/625247 | |
| Publication dates | 04 Aug 2020 |
| Publication process dates | |
| Deposited | 08 Oct 2020, 07:34 |
| Accepted | 2020 |
| Rights | Attribution-NonCommercial-NoDerivatives 4.0 International |
| Contributors | University of Derby |
| File | File Access Level Open |
| File | |
| File | File Access Level Open |
Permalink -
https://repository.derby.ac.uk/item/93zy1/entrepreneurial-firms-with-whom-do-they-compete-and-where
Download files
56
total views22
total downloads0
views this month0
downloads this month
Export as
Related outputs
Industry 4.0 Challenges Facing the Agri-Supply Chain: A Literature Review
Walid Al Saad, W., Al-Talib, M. and Nadeem, S. 2023. Industry 4.0 Challenges Facing the Agri-Supply Chain: A Literature Review. International Conference on Industry 4.0 for Agri-food Supply Chains: Addressing Socio-economic and Environmental Challenges in Ukraine. MDPI. https://doi.org/10.3390/engproc2023040025Employing the Internet of Things to Attain Resilience Across Supply Chain
Al-Talib, M., Melhem, W.Y., Nadeem, S., Anosike, A.I. and Garza-Reyes, J.A. 2023. Employing the Internet of Things to Attain Resilience Across Supply Chain. 13th International Conference on Industrial Engineering and Operations Management (IEOM), Manila, Philippines, 6-9 March. . IEOM Society International. https://doi.org/10.46254/AN13.20230592Sustainable Warehouse Features: A Systematic Literature Review
Al-Saad, W.K., Al-Talib, M., Nadeem, S. and Garza-Reyes, J.A., 2023. Sustainable Warehouse Features: A Systematic Literature Review. 13th International Conference on Industrial Engineering and Operations Management (IEOM). IEOM Society International. https://doi.org/10.46254/AN13.20230557Sustainable Supply Chain Management Drivers and Barriers in the Ethiopian Manufacturing Sec-tor
Weldemichael, M.A, Nadeem, S. and Garza-Reyes, J.A. 2023. Sustainable Supply Chain Management Drivers and Barriers in the Ethiopian Manufacturing Sec-tor. 13th International Conference on Industrial Engineering and Operations Management (IEOM), Manila, Philippines, 6-9 March. IOEM Society . https://doi.org/10.46254/AN13.20230243
Predicting future default on the Covid-19 bounce back loan scheme: The 46.5 billion question
Cowling, Marc, Wilson, N, Nightingale, P and Kacer, M 2022. Predicting future default on the Covid-19 bounce back loan scheme: The 46.5 billion question. International Small Business Journal.Has previous loan rejection scarred firms from applying for loans during Covid-19?
Cowling, Marc, Calabrese, Raffaella and Liu, Weixi 2021. Has previous loan rejection scarred firms from applying for loans during Covid-19? Small Business Economics. https://doi.org/10.1007/s11187-021-00586-2Understanding the Dynamics of UK Covid-19 SME Financing
Calabrese, Raffaella, Cowling, Marc and Liu, Weixi 2021. Understanding the Dynamics of UK Covid-19 SME Financing. British Journal of Management. https://doi.org/10.1111/1467-8551.12576Slowing the fast fashion industry: an all-round perspective
Centobelli, P., Abbate, S., Nadeem, S. and Garza-Reyes, J. 2022. Slowing the fast fashion industry: an all-round perspective . Current Opinion in Green and Sustainable Chemistry . pp. 1-18. https://doi.org/10.1016/j.cogsc.2022.100684Measuring the financial impact of equipment performance improvement: ISB and IEB metrics
Luis Alejandro Gólcher-Barguil, Simon Peter Nadeem, Jose Arturo Garza-Reyes, Ashutosh Samadhiya and Anil Kumar 2022. Measuring the financial impact of equipment performance improvement: ISB and IEB metrics. Benchmarking: An International Journal. pp. 1-24. https://doi.org/10.1108/bij-09-2021-0559Access to Finance for Cleantech Innovation and Investment: Evidence from U.K. Small- and Medium-Sized Enterprises
Cowling, Marc and Weixi, Liu 2021. Access to Finance for Cleantech Innovation and Investment: Evidence from U.K. Small- and Medium-Sized Enterprises. IEEE Transactions on Engineering Management. https://doi.org/10.1109/TEM.2021.3066685The geographical impact of the Covid-19 crisis on precautionary savings, firm survival and jobs: Evidence from the United Kingdom’s 100 largest towns and cities
Brown, Ross and Cowling, Marc 2021. The geographical impact of the Covid-19 crisis on precautionary savings, firm survival and jobs: Evidence from the United Kingdom’s 100 largest towns and cities. International Small Business Journal: Researching Entrepreneurship. https://doi.org/10.1177/0266242621989326The covid-19 lockdown in the United Kingdom and subjective well-being: have the self-employed suffered more due to hours and income reductions?
Yue, Wei and Cowling, Marc 2021. The covid-19 lockdown in the United Kingdom and subjective well-being: have the self-employed suffered more due to hours and income reductions? International Small Business Journal: Researching Entrepreneurship. https://doi.org/10.1177/0266242620986763The geography of business angel investments in the UK: Does local bias (still) matter?
Cowling, Marc, Brown, Ross and Lee, Neil 2021. The geography of business angel investments in the UK: Does local bias (still) matter? Event and Planning A: Economy and Space. https://doi.org/10.1177/0308518X20984484Regional and spatial issues in the financing of small and medium-sized enterprises and new ventures
Cowling, Marc, Ughetto, Elisa and Lee, Neil 2019. Regional and spatial issues in the financing of small and medium-sized enterprises and new ventures. Regional Studies. https://doi.org/10.1080/00343404.2019.1601174Cost of capital and public loan guarantees to small firms
Ughetto, Elisa, Scellato, Giuseppe and Cowling, Marc 2017. Cost of capital and public loan guarantees to small firms. Small Business Economics. https://doi.org/10.1007/s11187-017-9845-yInvestment motivations and UK business angels' appetite for risk taking: The moderating role of experience
Croce, Annalisa, Ughetto, Elisa and Cowling, Marc 2019. Investment motivations and UK business angels' appetite for risk taking: The moderating role of experience. British Journal of Management. https://doi.org/10.1111/1467-8551.12380Gender and bank lending after the global financial crisis: are women entrepreneurs safer bets?
Cowling, Marc, Marlow, Susan and Liu, Weixi 2019. Gender and bank lending after the global financial crisis: are women entrepreneurs safer bets? Small Business Economics. https://doi.org/10.1007/s11187-019-00168-3Did you save some cash for a rainy COVID-19 day? The crisis and SMEs
Cowling, Marc, Brown, Ross and Rocha, Augusto 2020. Did you save some cash for a rainy COVID-19 day? The crisis and SMEs. International Small Business Journal: Research Entrepreneurship. https://doi.org/10.1177/0266242620945102The snowballing penalty effect: Multiple disadvantage and pay
Woodhams, Carol, Lutpon, Ben and Cowling, Marc 2013. The snowballing penalty effect: Multiple disadvantage and pay. British Journal of Management. https://doi.org/10.1111/1467-8551.12032LDBG loan and grant funding recipients
Cowling, Marc and Nadeem, Simon Peter 2019. LDBG loan and grant funding recipients. University of Derby.Sustainability adoption through sustainable human resource management: a systematic literature review and conceptual framework
Kumar, Anil, Bhaskar, Preeti, Nadeem, Simon Peter, Tyagi, Mrinal and Garza-Reyes, Jose Arturo 2020. Sustainability adoption through sustainable human resource management: a systematic literature review and conceptual framework. International Journal of Mathematical, Engineering and Management Sciences. https://doi.org/10.33889/IJMEMS.2020.5.6.078Analysing the risks of adopting circular economy initiatives in manufacturing supply chains
Ethirajan, Manavalan, Arasu M, Thanigai, Kandasamy, Jayakrishna, K.E.K, Vimal, Nadeem, Simon Peter and Kumar, Anil 2020. Analysing the risks of adopting circular economy initiatives in manufacturing supply chains. Business Strategy and the Environment. https://doi.org/10.1002/bse.2617Can local finance add value to local small business? Evidence from a UK local loan and grant fund
Cowling, Marc, Nadeem, Simon Peter, Foster, Carley and Baranova, Polina 2020. Can local finance add value to local small business? Evidence from a UK local loan and grant fund. International Review of Entrepreneurship.Quality Improvement Projects in Catheterization Laboratories: A Systematic Literature Review
Nadeem, S. 2020. Quality Improvement Projects in Catheterization Laboratories: A Systematic Literature Review. IEOM Society.Lean Readiness Level of the Azerbaijan Construction Industry
Nadeem, S. 2020. Lean Readiness Level of the Azerbaijan Construction Industry. IEOM Society.Depletion and Subjective Well-Being: Lessons from the UK Coronavirus Lockdown
Nunn, A. and Cowling, M. 2020. Depletion and Subjective Well-Being: Lessons from the UK Coronavirus Lockdown. Global Policy.Developing a strategic sustainable facility plan for a hospital layout using ELECTRE and Apples procedure
Vimal, K.E.K, Kandasamy, Jayakrishna, Nadeem, Simon Peter, Kumar, Anil, Šaparauskas, Jonas, Garza-Reyes, Jose Arturo and Trinkūnienė, Eva 2020. Developing a strategic sustainable facility plan for a hospital layout using ELECTRE and Apples procedure. International Journal of Strategic Property Management. 25 (1), pp. 17-33. https://doi.org/10.3846/ijspm.2020.13733The adoption of environmentally sustainable supply chain management: Measuring the relative effectiveness of hard dimensions
Choudhary, Sangita, Kumar, Anil, Garza-Reyes, Jose Arturo and Nadeem, Simon Peter 2020. The adoption of environmentally sustainable supply chain management: Measuring the relative effectiveness of hard dimensions. Business Strategy and the Environment. 29 (8), pp. 3104-3122. https://doi.org/10.1002/bse.2560Two decades of European self-employment: Is the answer to who becomes self-employed different over time and countries?
Millán, José María, Yue, Wei and Cowling, M 2019. Two decades of European self-employment: Is the answer to who becomes self-employed different over time and countries? Journal of Business Venturing Insights. 12, p. e00138. https://doi.org/10.1016/j.jbvi.2019.e00138Market consolidation, market growth, or new market development? Owner, firm, and competitive determinants
Weixi, Liu, Wei, Yue, Hang, Do and Cowling, M 2019. Market consolidation, market growth, or new market development? Owner, firm, and competitive determinants. International Review of Entrepreneurship.The World is your Oyster: The Effects of Knowledge, Human Capital, Technology and Entry Timing on International Growth
Cowling, M, Liu, W and Zhang, N. 2016. The World is your Oyster: The Effects of Knowledge, Human Capital, Technology and Entry Timing on International Growth. International Review of Entrepreneurship.Internal financial management in smaller, entrepreneurial businesses
Cowling, M and Matthews, C. 2018. Internal financial management in smaller, entrepreneurial businesses. in: Sage.The innovation debt penalty: Cost of debt, loan default, and the effects of a public loan guarantee on high-tech firms
Cowling, M, Ughetto, E and Lee, N. 2017. The innovation debt penalty: Cost of debt, loan default, and the effects of a public loan guarantee on high-tech firms. Technological Forecasting and Social Change.You can lead a firm to R&D but can you make it innovate? UK evidence from SMEs
Cowling, M 2016. You can lead a firm to R&D but can you make it innovate? UK evidence from SMEs. Small Business Economics. https://doi.org/10.1007/s11187-016-9704-2Non-founder human capital and the long-run growth and survival of high-tech ventures
Siepel, J, Cowling, M and Coad, A. 2016. Non-founder human capital and the long-run growth and survival of high-tech ventures. Technovation. https://doi.org/10.1016/j.technovation.2016.09.001Did firm age, experience, and access to finance count? SME performance after the global financial crisis
Cowling, M, Liu, W and Zhang, N. 2017. Did firm age, experience, and access to finance count? SME performance after the global financial crisis. Journal of Evolutionary Economics. https://doi.org/10.1007/s00191-017-0502-zGrowth processes of high-growth firms as a four-dimensional chicken and egg
Coad, A, Cowling, M and Siepel, J. 2016. Growth processes of high-growth firms as a four-dimensional chicken and egg. Industrial and Corporate Change. https://doi.org/10.1093/icc/dtw040Do rural firms perceive different problems? Geography, sorting, and barriers to growth in UK SMEs
Lyee, N and Cowling, M 2015. Do rural firms perceive different problems? Geography, sorting, and barriers to growth in UK SMEs. Environment and Planning C: Politics and Space. https://doi.org/10.1068/c12234bMultiple disadvantage and wage growth: The effect of merit pay on pay gaps
Woodhams, C, Lupton, B, Perkins, G and Cowling, M 2015. Multiple disadvantage and wage growth: The effect of merit pay on pay gaps. Human Resource Management. https://doi.org/10.1002/hrm.21692Access to finance for innovative SMEs since the financial crisis
Lee, N, Sameen, H and Cowling, M 2014. Access to finance for innovative SMEs since the financial crisis. Research Policy. https://doi.org/10.1016/j.respol.2014.09.008UK credit and discouragement during the GFC
Cowling, M, Liu, W, Minniti, M and Zhang, N. 2016. UK credit and discouragement during the GFC. Small Business Economics. https://doi.org/10.1007/s11187-016-9745-6What really happens to small and medium-sized enterprises in a global economic recession? UK evidence on sales and job dynamics
Cowling, M, Liu, W, Ledger, A and Zhang, N. 2014. What really happens to small and medium-sized enterprises in a global economic recession? UK evidence on sales and job dynamics. International Small Business Journal: Researching Enterperneurship. https://doi.org/10.1177/0266242613512513The use and value of freelancers: The perspective of managers.
Burke, A and Cowling, M 1910. The use and value of freelancers: The perspective of managers. International Review of Entrepreneurship.The role of loan commitment terms in credit allocation on the UK small firms loan guarantee scheme
Cowling, M, Matthews, C and Liu, W. 2017. The role of loan commitment terms in credit allocation on the UK small firms loan guarantee scheme. International Review of Entrepreneurship.How entrepreneurship, culture and universities influence the geographical distribution of UK talent and city growth
Cowling, M and Lee, N. 2017. How entrepreneurship, culture and universities influence the geographical distribution of UK talent and city growth. Journal of Management Development. https://doi.org/10.1108/JMD-03-2016-0043On the productive efficiency of Australian businesses: firm size and age class effects
Cowling, M and Tanewski, G. 2018. On the productive efficiency of Australian businesses: firm size and age class effects. Small Business Economics. https://doi.org/10.1007/s11187-018-0070-0Access to bank finance for UK SMEs in the wake of the recent financial crisis
Cowling, M, Liu, W and Zhang, N. 2016. Access to bank finance for UK SMEs in the wake of the recent financial crisis. International Journal of Entrepreneurial Behavior & Research. https://doi.org/10.1108/IJEBR-06-2015-0126Coalescing the Lean and Circular Economy
Nadeem, S. 2019. Coalescing the Lean and Circular Economy. IEOM Society.The challenges of GSCM implementation in the UK manufacturing SMEs
Nadeem, S. 2019. The challenges of GSCM implementation in the UK manufacturing SMEs. IEEE. https://doi.org/10.1109/poms.2018.8629449Measuring operational excellence: an operational excellence profitability (OEP) approach.
Gólcher-Barguil, L.A., Nadeem, S. and Garza-Reyes, J.A. 2019. Measuring operational excellence: an operational excellence profitability (OEP) approach. Production Planning and Control: The Management of Operations. 30 (8), pp. 682-698. https://doi.org/10.1080/09537287.2019.1580784A Lean Implementation Framework for the Mining Industry
Seifullina, A., Er, A., Nadeem, S.P., Garza-Reyes, J.A., Kumar, V. and Nadeem, S. 2018. A Lean Implementation Framework for the Mining Industry. IFAC-PapersOnLine. https://doi.org/10.1016/j.ifacol.2018.08.435The challenges of the circular economy
Nadeem, S., Garza-Reyes, J. and Glanville, D. Conway, E. and Byrne, D. (ed.) 2018. The challenges of the circular economy. Springer.Investigating the benefits and challenges of the implementation of ISO 9001 and ISO 14001 in the aerospace industry
Pratama, N.A., Kumar, V., Kumari, A., Garza-Reyes, J.A., Nadeem, S.P. and Nadeem, S. 2018. Investigating the benefits and challenges of the implementation of ISO 9001 and ISO 14001 in the aerospace industry. IEOM Society.Innovation and growth in family-owned Mexican SMEs
Maldonado-Guzmán, G., Garza-Reyes, J.A., Pinzón-Castro, S.Y., Mejía-Trejo, J., Kumar, V., Nadeem, S.P. and Nadeem, S. 2018. Innovation and growth in family-owned Mexican SMEs. IEOM Society.Lean manufacturing adoption in the transport and logistics sector of Thailand - An exploratory study
Garza-Reyes, J.A., Tangkeow, S., Kumar, V., Nadeem, S.P. and Nadeem, S. 2018. Lean manufacturing adoption in the transport and logistics sector of Thailand - An exploratory study. IEOM Society.A circularity measurement toolkit for manufacturing SMEs.
Garza-Reyes, Jose Arturo, Valls, Ailin Salomé, Nadeem, Simon Peter, Anosike, Anthony and Kumar, Vikas 2018. A circularity measurement toolkit for manufacturing SMEs. International Journal of Production Research. 57 (23), pp. 7319-7343. https://doi.org/10.1080/00207543.2018.1559961Lean manufacturing and environmental performance – exploring the impact and relationship
Nadeem, Simon Peter, Garza-Reyes, Jose Arturo, Leung, Sin-Ching, Cherrafi, Anass, Anosike, Anthony and Lim, Ming K. 2017. Lean manufacturing and environmental performance – exploring the impact and relationship. Springer. https://doi.org/10.1007/978-3-319-66926-7_38