What is it about?
How the European firms reacted to economic crisis of 2009? The answers to economic recession could be reactive and conservative (cutting jobs, delaying investments). Still, some firms can "swim against the current" and react proactivelly, perceiving the crisis as a chance for non-routine expansion and inovation. We explore which factors drives the proactivity of European firms during 2009 crisis. We find that public incentives provided to enterprises have very moderate influence on proactiveness of the firms.
Featured Image
Why is it important?
A better understanding of the determinants of proactive behaviour is crucial for designing favorable eco-systems and effective public policies that make European companies more competitive on a global market.
Perspectives
We think it is important to look at the companies that behave in non-standard and more courageous way during difficult times, as these are the actors that make a difference to contemporary economy.
Jan Brzozowski
Cracow University of Economics
Read the Original
This page is a summary of: Firms’ Proactiveness During the Crisis: Evidence from European Data, Entrepreneurship Research Journal, September 2018, De Gruyter,
DOI: 10.1515/erj-2017-0215.
You can read the full text:
Contributors
The following have contributed to this page
