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RESEARCH PRODUCT

Do Financial Crises Moderate Entrepreneurial Recipes? A Comparative Fuzzy Analysis

Andreea ApetreiJuan SapenaJordi Paniagua

subject

MarketingEntrepreneurshipActuarial scienceLongitudinal dataQualitative comparative analysis05 social sciencesFuzzy setModerationFuzzy logic0502 economics and businessFinancial crisisEconomicsClassical economics050207 economics050203 business & management

description

ABSTRACTThis study performs a fuzzy set qualitative comparative analysis (fsQCA) on entrepreneurial recipes. The research focuses on the moderating role of the 2007 financial crisis on the antecedents of entrepreneurship. Standard regressions analysis proves insufficient to uncover asymmetrical and complex relationships that explain the effect of credit constraints on new business. Empirical results on longitudinal data suggest that the crisis moderated entrepreneurial recipes in Spain. This research contributes to QCA analysis by studying moderation effects on time-series data.

https://doi.org/10.1080/10496491.2016.1190222