Small Business in a Global Economy
Creating and Managing Successful Organizations
by Scott L. Newbert, Editor
May 2015, 697pp, 6 1/8x9 1/4
2 volumes, Praeger

Hardcover: 978-1-4408-3015-0
$144, £107, 125€, A195
eBook Available: 978-1-4408-3016-7
Please contact your preferred eBook vendor for pricing.

Globally, small businesses employ more people than large corporations.

This informative set analyzes the dynamics involved with creating, growing, and managing small businesses amid different geographic, institutional, and political environments.

This two-volume work explores the behavior and decision making of small companies; their business strategies for launch, growth, and survival; and their contribution to the larger global economy. Utilizing information and data gleaned from proven entrepreneurs and small business operations, this reference provides insight into the political, environmental, and competitive forces that support and impede small business ownership, and offers strategies for navigating them.

Written by leading researchers from around the world, the set presents a broad view of the small business sector, focusing on conception, ownership, financing, and growth strategies. A look at external factors features the impact of political and environmental influences; extant regulations affecting small firms; and programs for promoting this sector. The first volume takes a micro view of the small business phenomenon, profiling the owner and the skills necessary to be successful. The second volume utilizes a macro approach, focusing on the operational concerns of and the environment factors bearing upon small businesses.


  • Reveals insights into the internal and external constraints facing small firms
  • Explores the effectiveness of a variety of strategies used by small business owners
  • Offers a window into the dramatic influence small business has on the economy
  • Contains contributions from the leading scholars in the field
Scott L. Newbert, PhD, is associate professor of management, Harry Halloran Emerging Scholar in Social Entrepreneurship, and Anne Quinn Welsh Faculty Fellow in Honors at Villanova University. His research on the socioeconomic impacts of entrepreneurial activity and valuation strategies for small firms has been published in numerous journals, including Strategic Organization, Small Business Economics, and Entrepreneurship Theory and Practice. He received his doctorate in strategic management and entrepreneurship from Rutgers University.


"Professor Scott L. Newbert has assembled works from some of the most distinguished scholars in the field of entrepreneurship to offer a comprehensive look at small business, not as some second rate outcome lacking firm growth and economic impact, but instead as a positive phenomenon promising its own strategic benefits and concerns, its own unique psychological demands and opportunities, and its own lessons and morals to teach any scholar, manager, or policy maker willing to listen and ready to learn. In an era in which the public has become increasingly worried about the growing misalignment between the interests of Wall Street and those of Main Street, interest in small business as a possible remedy has grown. Professor Newbert’s collection of studies suggests that this hope may be well founded, but this is not your grandfather’s small business. These volumes paint a portrait of a phenomenon that is as likely to be global as local, entrepreneurial as familial, and complex as simple. Whatever form small business takes, these volumes offer evidence-based advice on how entrepreneurs and managers of small business, alone or with family, might better navigate the challenges of the uncertain environment ahead."—Jeffery S. McMullen, PhD, MBA, Associate Professor of Entrepreneurship, Arthur M. Weimer Faculty Fellow, Associate Editor of Journal of Business Venturing
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