Burden or benefit? Regulation as a dynamic influence on small business performance

John Kitching, Mark Hart, Nick Wilson

Research output: Contribution to journalArticle

Abstract

This article contributes to contemporary debates concerning the impact of regulation on small business performance. Reassessing previous studies, we build our insights on their useful, but partial, approaches. Prior studies treat regulation principally as a static and negative influence, thereby neglecting the full range of regulatory effects on business performance. This study adopts a more nuanced approach, one informed by critical realism, that conceptualises social reality as stratified, and social causality in terms of the actions of human agents situated within particular social-structural contexts. We theorise regulation as a dynamic force, enabling as well as constraining performance, generating contradictory performance effects. Such regulatory effects flow directly from adaptations to regulation, and indirectly via relationships with the wide range of close and distant stakeholders with whom small businesses interact. Future research should examine these contradictory regulatory influences on small business performance.

LanguageEnglish
Pages130-147
Number of pages18
JournalInternational Small Business Journal
Volume33
Issue number2
Early online date4 Jul 2013
DOIs
Publication statusPublished - Mar 2015

Fingerprint

Burden
Small business
Business performance
Causality
Stakeholders
Critical realism

Bibliographical note

*

Keywords

  • causal power
  • critical realism
  • dynamic influence
  • performance
  • regulation
  • small firm

Cite this

@article{3f9ca579be8048c1814e6fc500cec5d2,
title = "Burden or benefit? Regulation as a dynamic influence on small business performance",
abstract = "This article contributes to contemporary debates concerning the impact of regulation on small business performance. Reassessing previous studies, we build our insights on their useful, but partial, approaches. Prior studies treat regulation principally as a static and negative influence, thereby neglecting the full range of regulatory effects on business performance. This study adopts a more nuanced approach, one informed by critical realism, that conceptualises social reality as stratified, and social causality in terms of the actions of human agents situated within particular social-structural contexts. We theorise regulation as a dynamic force, enabling as well as constraining performance, generating contradictory performance effects. Such regulatory effects flow directly from adaptations to regulation, and indirectly via relationships with the wide range of close and distant stakeholders with whom small businesses interact. Future research should examine these contradictory regulatory influences on small business performance.",
keywords = "causal power, critical realism, dynamic influence, performance, regulation, small firm",
author = "John Kitching and Mark Hart and Nick Wilson",
note = "*",
year = "2015",
month = "3",
doi = "10.1177/0266242613493454",
language = "English",
volume = "33",
pages = "130--147",
journal = "International Small Business Journal",
issn = "0266-2426",
publisher = "SAGE",
number = "2",

}

Burden or benefit? Regulation as a dynamic influence on small business performance. / Kitching, John ; Hart, Mark; Wilson, Nick .

In: International Small Business Journal, Vol. 33, No. 2, 03.2015, p. 130-147.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Burden or benefit? Regulation as a dynamic influence on small business performance

AU - Kitching, John

AU - Hart, Mark

AU - Wilson, Nick

N1 - *

PY - 2015/3

Y1 - 2015/3

N2 - This article contributes to contemporary debates concerning the impact of regulation on small business performance. Reassessing previous studies, we build our insights on their useful, but partial, approaches. Prior studies treat regulation principally as a static and negative influence, thereby neglecting the full range of regulatory effects on business performance. This study adopts a more nuanced approach, one informed by critical realism, that conceptualises social reality as stratified, and social causality in terms of the actions of human agents situated within particular social-structural contexts. We theorise regulation as a dynamic force, enabling as well as constraining performance, generating contradictory performance effects. Such regulatory effects flow directly from adaptations to regulation, and indirectly via relationships with the wide range of close and distant stakeholders with whom small businesses interact. Future research should examine these contradictory regulatory influences on small business performance.

AB - This article contributes to contemporary debates concerning the impact of regulation on small business performance. Reassessing previous studies, we build our insights on their useful, but partial, approaches. Prior studies treat regulation principally as a static and negative influence, thereby neglecting the full range of regulatory effects on business performance. This study adopts a more nuanced approach, one informed by critical realism, that conceptualises social reality as stratified, and social causality in terms of the actions of human agents situated within particular social-structural contexts. We theorise regulation as a dynamic force, enabling as well as constraining performance, generating contradictory performance effects. Such regulatory effects flow directly from adaptations to regulation, and indirectly via relationships with the wide range of close and distant stakeholders with whom small businesses interact. Future research should examine these contradictory regulatory influences on small business performance.

KW - causal power

KW - critical realism

KW - dynamic influence

KW - performance

KW - regulation

KW - small firm

UR - http://www.scopus.com/inward/record.url?scp=84922794604&partnerID=8YFLogxK

U2 - 10.1177/0266242613493454

DO - 10.1177/0266242613493454

M3 - Article

VL - 33

SP - 130

EP - 147

JO - International Small Business Journal

T2 - International Small Business Journal

JF - International Small Business Journal

SN - 0266-2426

IS - 2

ER -