Entrepreneurial Firms: With Whom Do They Compete, and Where?
Entrepreneurial Firms: With Whom Do They Compete, and Where?
复制标题
创业公司：他们与谁竞争，在哪里竞争？
DOI：
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发表时间：
2020
影响因子：
1.1
通讯作者：
Simon Peter Nadeem
中科院分区：
文献类型：
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作者：
M. Cowling;Simon Peter Nadeem
许多不同的理论试图解释为什么存在较小的创业公司。令人惊讶的是，很少有实证研究已经测试了明显的问题，如：小公司的价格接受者在高度竞争的市场？他们的对手是谁？如果他们试图提高价格呢？创新是否提供利基市场保护？使用一个大型的英国数据集，我们的主要发现是，不到5%的创业公司在他们实际上没有竞争的市场中运营，如果他们将价格提高10%，四分之一的小公司将失去至少三分之一的销售额。
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%.