Managers’ mindfulness concerning institutional obstacles and the survival of SMEs

The study aims to identify the relationship between managers’ mindfulness concerning business obstacles in an institutional context and the survival of small and medium enterprises (SMEs). The investigation was based on the data gathered in Poland through two linked studies. A Kaplan and Meier (195...

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Main Author: Izabella Steinerowska-Streb
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2022-03-01
Series:Journal of Business Economics and Management
Subjects:
Online Access:https://journals.vgtu.lt/index.php/JBEM/article/view/16114
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author Izabella Steinerowska-Streb
author_facet Izabella Steinerowska-Streb
author_sort Izabella Steinerowska-Streb
collection DOAJ
description The study aims to identify the relationship between managers’ mindfulness concerning business obstacles in an institutional context and the survival of small and medium enterprises (SMEs). The investigation was based on the data gathered in Poland through two linked studies. A Kaplan and Meier (1958) nonparametric estimation analysis was used to verify the hypotheses. The study’s findings show that SMEs with mindful managers, paying attention to the institutional business barriers, survive longer than the other SMEs. The study results also reveal that the probability of SMEs survival significantly increases when managers are aware that bureaucracy constitutes a barrier to their firms’ development. By identifying new effects of managers’ mindfulness, the study’s outcomes support the theory of mindfulness and extend the knowledge on mindfulness in organizations. Moreover, the survey findings support the institutional theory concerning business and entrepreneurship. First published online 24 March 2022
first_indexed 2024-12-22T16:14:25Z
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spelling doaj.art-7e602c18f8e9491bb8695325c9bd2ffe2022-12-21T18:20:23ZengVilnius Gediminas Technical UniversityJournal of Business Economics and Management1611-16992029-44332022-03-0110.3846/jbem.2022.16114Managers’ mindfulness concerning institutional obstacles and the survival of SMEsIzabella Steinerowska-Streb0Department of Entrepreneurship and Management Innovation, University of Economics in Katowice, Katowice, Poland The study aims to identify the relationship between managers’ mindfulness concerning business obstacles in an institutional context and the survival of small and medium enterprises (SMEs). The investigation was based on the data gathered in Poland through two linked studies. A Kaplan and Meier (1958) nonparametric estimation analysis was used to verify the hypotheses. The study’s findings show that SMEs with mindful managers, paying attention to the institutional business barriers, survive longer than the other SMEs. The study results also reveal that the probability of SMEs survival significantly increases when managers are aware that bureaucracy constitutes a barrier to their firms’ development. By identifying new effects of managers’ mindfulness, the study’s outcomes support the theory of mindfulness and extend the knowledge on mindfulness in organizations. Moreover, the survey findings support the institutional theory concerning business and entrepreneurship. First published online 24 March 2022 https://journals.vgtu.lt/index.php/JBEM/article/view/16114mindfulnessorganizationmanagersurvivalSMEsmall and medium firms
spellingShingle Izabella Steinerowska-Streb
Managers’ mindfulness concerning institutional obstacles and the survival of SMEs
Journal of Business Economics and Management
mindfulness
organization
manager
survival
SME
small and medium firms
title Managers’ mindfulness concerning institutional obstacles and the survival of SMEs
title_full Managers’ mindfulness concerning institutional obstacles and the survival of SMEs
title_fullStr Managers’ mindfulness concerning institutional obstacles and the survival of SMEs
title_full_unstemmed Managers’ mindfulness concerning institutional obstacles and the survival of SMEs
title_short Managers’ mindfulness concerning institutional obstacles and the survival of SMEs
title_sort managers mindfulness concerning institutional obstacles and the survival of smes
topic mindfulness
organization
manager
survival
SME
small and medium firms
url https://journals.vgtu.lt/index.php/JBEM/article/view/16114
work_keys_str_mv AT izabellasteinerowskastreb managersmindfulnessconcerninginstitutionalobstaclesandthesurvivalofsmes