Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/21098
Title: Effective Exit Planning in Regional Small Businesses - A Borrow from the 'Specialised Clusters' Approach
Contributor(s): Khan, Ashfaq Ahmed  (author)orcid 
Publication Date: 2016
Handle Link: https://hdl.handle.net/1959.11/21098
Fields of Research (FoR) 2008: 150314 Small Business Management
150304 Entrepreneurship
160599 Policy and Administration not elsewhere classified
Fields of Research (FoR) 2020: 350716 Small business organisation and management
350704 Entrepreneurship
Socio-Economic Objective (SEO) 2008: 930403 School/Institution Policies and Development
930401 Management and Leadership of Schools/Institutions
930499 School/Institution not elsewhere classified
Socio-Economic Objective (SEO) 2020: 160204 Management, resources and leadership
160205 Policies and development
Abstract: Efficient functioning small businesses and their continuance over time, independent of the owner(s), carry high significance for remote regions' long term social and economic sustainability. This empirical investigation of exit planning practices among regional small businesses in the New England region of New South Wales, Australia, provides evidence that the particular environment in which these businesses operate determine and drive owners' strategic exit planning initiatives. Regional SMEs are prone to peculiar internal and external variables with inertial forces that continuously impact on the owners' decision to exit or continue into the business. Resorting to Schatzki's (2002) 'site of the social' theoretical construct, this paper argues that the 'exit planning' social practice among regional SMEs can be efficiently developed and institutionalized at a wider level on their peculiar 'site' of being regional and small. Thus, a borrow from the 'specialised clusters' technique on the part of State government is the best way forward to effectively tackle the phenomenon.
Publication Type: Journal Article
Source of Publication: Australasian Journal of Regional Studies, 22(3), p. 375-401
Publisher: Australia and New Zealand Regional Science Association International Inc (ANZRSAI)
Place of Publication: Australia
ISSN: 1324-0935
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
Statistics to Oct 2018: Visitors: 35
Views: 109
Downloads: 0
Appears in Collections:Journal Article
UNE Business School

Files in This Item:
2 files
File Description SizeFormat 
Show full item record
Google Media

Google ScholarTM

Check


Items in Research UNE are protected by copyright, with all rights reserved, unless otherwise indicated.