Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small Enterprise

This paper explores the factors that determine the closure or jeopardize the continuity of micro and small enterprises (MSEs). We investigated the determinants of failure from the entrepreneur’s perspective using a qualitative approach, and five variables emerged. We discovered that there are inter...

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Main Authors: Oscar Cuauhtémoc Aguilar Rascón, Rafael Posada Velázquez
Format: Article
Language:English
Published: Vilnius University Press 2019-05-01
Series:Organizations and Markets in Emerging Economies
Subjects:
Online Access:https://www.journals.vu.lt/omee/article/view/14131
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spelling doaj-38b3cdc71bd149e4b605766e01d225fa2020-11-25T01:13:07ZengVilnius University PressOrganizations and Markets in Emerging Economies2029-45812345-00372019-05-0110110.15388/omee.2019.10.00004Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small EnterpriseOscar Cuauhtémoc Aguilar Rascón0Rafael Posada Velázquez1Universidad Tecnológica de San Juan del RíoUniversidad Tecnológica de San Juan del Río This paper explores the factors that determine the closure or jeopardize the continuity of micro and small enterprises (MSEs). We investigated the determinants of failure from the entrepreneur’s perspective using a qualitative approach, and five variables emerged. We discovered that there are internal and external variables that impact on an enterprise’s continuity, which are themselves correlated. We applied a formula to determine which variable had a higher weight, considering values ranging from 0 to 1, and the asymmetry is to the right. The instrument was applied to 35,571 MSEs, 26,720 of which were open and 8,851 were closed. 33,576 are Mexican and 1,995 Colombian enterprises. https://www.journals.vu.lt/omee/article/view/14131Developing MSEsclosing MSEsMSEs
collection DOAJ
language English
format Article
sources DOAJ
author Oscar Cuauhtémoc Aguilar Rascón
Rafael Posada Velázquez
spellingShingle Oscar Cuauhtémoc Aguilar Rascón
Rafael Posada Velázquez
Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small Enterprise
Organizations and Markets in Emerging Economies
Developing MSEs
closing MSEs
MSEs
author_facet Oscar Cuauhtémoc Aguilar Rascón
Rafael Posada Velázquez
author_sort Oscar Cuauhtémoc Aguilar Rascón
title Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small Enterprise
title_short Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small Enterprise
title_full Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small Enterprise
title_fullStr Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small Enterprise
title_full_unstemmed Factors That Determine the Closure or Jeopardize the Continuity of a Micro and Small Enterprise
title_sort factors that determine the closure or jeopardize the continuity of a micro and small enterprise
publisher Vilnius University Press
series Organizations and Markets in Emerging Economies
issn 2029-4581
2345-0037
publishDate 2019-05-01
description This paper explores the factors that determine the closure or jeopardize the continuity of micro and small enterprises (MSEs). We investigated the determinants of failure from the entrepreneur’s perspective using a qualitative approach, and five variables emerged. We discovered that there are internal and external variables that impact on an enterprise’s continuity, which are themselves correlated. We applied a formula to determine which variable had a higher weight, considering values ranging from 0 to 1, and the asymmetry is to the right. The instrument was applied to 35,571 MSEs, 26,720 of which were open and 8,851 were closed. 33,576 are Mexican and 1,995 Colombian enterprises.
topic Developing MSEs
closing MSEs
MSEs
url https://www.journals.vu.lt/omee/article/view/14131
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