Purpose: This article examines access to finance for SMEs in the Baltic States and the South Caucasus countries following the financial crisis of 2007 and is set within the context of the rule of law for businesses. Design/methodology/approach: The article uses the cross-sectional dataset from...

There is a tendency to associate business “closure” with business “failure”, confusing owners that close a business with ‘unsuccessful’ entrepreneurs. This article reports on a study into the experiences of business owners who have left their business. Three stages of research,...

Intellectual, as opposed to physical and financial, capital is increasingly regarded as a source of competitive advantage for individuals, enterprises and nations. Small and medium enterprises (SMEs) are often regarded as important innovators in the economy. It is possible to protect some...

Research and dissemination of the results has always been an important activity for those in the academic community. The Research Assessment Exercise (RAE) has brought the whole area of research publication and dissemination into sharp relief, and striving for high research rankings seems, for...

Smaller less “glamorous” firms are more prevalent in the US economy than high‐technology companies. These small firms are known for their inability to erect barriers to imitation, making the development of competitive advantage difficult. In our paper, we study the relationship between...