TY  - JOUR
AB  - Purpose This paper aims to introduce a new framework that helps to get an overview of contextual factors that influence the ability of small- and medium-sized enterprises (SMEs) to survive the economic crisis in a business cluster, as parts of a system.Design/methodology/approach The spatial autologistic model and the logit regression tree (RT) were applied to SME manufacturing companies localized in the business clusters of the Italian Marche region to explain interconnection among the actors of the network and their heterogeneous behavior with the environment.Findings The main findings of the application confirm that contextual influences are decisive in the definition of firm’s survival, explained through the presence of spatial dependence in bankruptcy analysis, validating the transmission effects of corporate bankruptcy within the business clusters in the Marche region.Originality/value The estimation of the logistic RT allowed to identify sub-systems, homogeneous with respect to crucial context variables, with different firms’ behaviors in terms of probability to survive in the system and relation to their environment. Therefore, a systemic approach is required to provide a better understanding of such kind of phenomena.
VL  - 50
IS  - 7
SN  - 0368-492X
DO  - 10.1108/K-06-2018-0282
UR  - https://doi.org/10.1108/K-06-2018-0282
AU  - Andreano M. Simona
AU  - Benedetti Roberto
AU  - Mazzitelli Andrea
AU  - Piersimoni Federica
AU  - Di Fatta Davide
PY  - 2018
Y1  - 2018/01/01
TI  - How interconnected SMEs in business cluster survive the economic crisis
T2  - Kybernetes
PB  - Emerald Publishing Limited
SP  - 2001
EP  - 2020
Y2  - 2024/04/26
ER  -