Special Issue "Small Business in the Global Economy"

A special issue of Administrative Sciences (ISSN 2076-3387).

Deadline for manuscript submissions: closed (1 July 2014)

Special Issue Editors

Guest Editor
Prof. Dr. Frank Hoy

Department of Management, Worcester Polytechnic Institute, 100 Institute Rd, Worcester, MA 01609-2280, USA
Website | E-Mail
Interests: entrepreneurship; family business; franchising
Guest Editor
Dr. Joseph Roberts

George Herbert Walker School of Business & Technology, Webster University, 545 Garden Avenue, St. Louis, MO 63119, USA
Interests: small business
Guest Editor
Dr. Adrienne Hall-Phillips

School of Business, Worcester Polytechnic Institute, Worcester, MA 01609, USA
Website | E-Mail
Interests: consumer behavior; family business marketing; business-to-business marketing; entrepreneurship
Guest Editor
Dr. Markku Virtanen

Small Business Center, Aalto University School of Business, Lonnrotinkatu 7, FIN-50100 Mikkeli, Finland
Website | E-Mail
Interests: develoment of opportunities and business models; value chain analysis (food industry - organic and local food); growth entrepreneurship; entrepreneurial finance and venture capital; financial structure of SMEs; Incubators and post-incuabation gazelles; ethnic entrepreneurship and social capital

Special Issue Information

Dear Colleagues,

There are many myths and fables about the roles small businesses play in economies. Some consider them unprofessional and trivial. Others see the small business sector as essential for forming jobs and for sustaining a strong middle class. In April of 2012, President Obama signed the Jumpstart Our Business Startups Act (JOBS Act) into law with the objective of encouraging more investment in starting and growing ventures. In January of 2013, the European Commission adopted the Entrepreneurship 2020 Action Plan, intended to increase the number of entrepreneurs leading to economic growth and job creation. What is triggering this interest in the small business sector and what do these actions mean for small business owners and economic development policy makers? This special issue invites submissions that examine how small companies function in national and international economic environments. We seek both conceptual and empirical studies that address the impact of global economic variables on small businesses and small business sectors and vice versa. We are soliciting conceptual and empirical studies that address best practices in entrepreneurship and small business pedagogy including innovative curriculum design and delivery methods.

Prof. Dr. Frank Hoy
Dr. Joseph Roberts
Dr. Adrienne Hall-Phillips
Dr. Markku Virtanen
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a double-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Administrative Sciences is an international peer-reviewed open access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.


  • small business
  • entrepreneurship and economic development
  • new ventures
  • government policy and small business
  • SMEs and economic development
  • global economy and entrepreneurship
  • entrepreneurship and small business pedagogy

Published Papers (1 paper)

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Open AccessArticle Role of Strong versus Weak Networks in Small Business Growth in an Emerging Economy
Adm. Sci. 2014, 4(1), 35-50; doi:10.3390/admsci4010035
Received: 4 December 2013 / Revised: 18 January 2014 / Accepted: 7 February 2014 / Published: 13 February 2014
Cited by 2 | PDF Full-text (303 KB) | HTML Full-text | XML Full-text
The study tests whether strong rather than weak ties account for small business growth in Turkey. Data were collected by means of a questionnaire filled out by the owners of small firms operating in four cities. Growth is comprised of two main areas,
[...] Read more.
The study tests whether strong rather than weak ties account for small business growth in Turkey. Data were collected by means of a questionnaire filled out by the owners of small firms operating in four cities. Growth is comprised of two main areas, production expansion and knowledge acquisition. Results show that strong ties are positively related to both types of growth. In contrast, loose ties have no effect on small business growth in either area. This finding is attributed to the influence of the collectivistic nature of the mainstream Turkish culture, where owners of small businesses are likely to rely on in-groups rather than out-groups for advice and for financial support. Implications of relative absence of weak ties for small business growth and innovation in emerging economies are discussed. The findings suggest that culture should be included as a contingency variable in future studies of network strength and growth relationship. The paper also discusses the possible moderating role of affective and cognition-based trust in the relation of strong and weak ties to small business growth. Full article
(This article belongs to the Special Issue Small Business in the Global Economy)
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