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Rugged individualism, natural disasters, and inter-county variation in entrepreneurial activity
Villanova University, USA.ORCID iD: 0000-0003-4934-8166
Södertörn University, School of Social Sciences, Business Studies. Hanken School of Economics, Finland; University of Economics and Human Sciences, Poland.ORCID iD: 0000-0003-2125-6155
Mälardalen University, Sweden.
2024 (English)In: Applied Economics Letters, ISSN 1350-4851, E-ISSN 1466-4291, Vol. 31, no 2, p. 132-138Article in journal (Refereed) Published
Abstract [en]

Building on the negative to mixed effects of natural disasters on entrepreneurial activity, we posit that regional rugged individualism attenuates the decline in business activity following natural disasters. We find that greater property damage from natural disasters in the presence of greater rugged individualism does not affect the establishment entry rate. However, it lowers the decline in establishment exit rates and the job reallocation rate decline by small effect sizes (0.3%). The findings show that regional individualism in the face of natural disasters does not increase entrepreneurial activity but abates the decline in entrepreneurial activity.

Place, publisher, year, edition, pages
Routledge, 2024. Vol. 31, no 2, p. 132-138
Keywords [en]
Natural disasters, entrepreneurship, individualism, small business and disaster
National Category
Business Administration
Identifiers
URN: urn:nbn:se:sh:diva-50108DOI: 10.1080/13504851.2022.2128288ISI: 000863373700001Scopus ID: 2-s2.0-85141038369OAI: oai:DiVA.org:sh-50108DiVA, id: diva2:1705199
Available from: 2022-10-21 Created: 2022-10-21 Last updated: 2024-01-04Bibliographically approved

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Oghazi, Pejvak

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • sodertorns-hogskola-harvard.csl
  • sodertorns-hogskola-oxford.csl
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf