Independence and co‐operation among small businesses: The case of the Turkish shotgun industry in a period of recession
International Journal of Entrepreneurial Behavior & Research
ISSN: 1355-2554
Article publication date: 1 June 2005
Abstract
Purpose
The article seeks to explore the importance of entrepreneurial behaviour and inter‐firm co‐operation for small firms seeking growth in a volatile, recession‐hit environment. Entrepreneurial behaviour is defined as seeking opportunities, developing new products and entering new markets. Strategic thinking and strategy type determine behaviour. Inter‐firm co‐operation includes both horizontal and vertical relationships.
Design/methodology/approach
A case study of co‐operating firms and questionnaire survey of independent firms were conducted in the Turkish shotgun industry.
Findings
Small firms engaging in co‐operation and applying prospector/analyser‐type strategies achieve greater success and growth than independent firms in the same industry. Moreover, co‐operation includes socio‐psychological, strategic and network dimensions, which are essential factors for success and growth.
Research limitations/implications
Since the sample comprised only one case and a small number of independent firms, generalization is difficult. Moreover, the results may not apply to other industries.
Practical implications
Relevant government agencies and other researchers should consider co‐operation and/or clusters to mitigate the impact of economic recession and sustain employment levels.
Originality/value
Although the Huglu case is unique in Turkey, clusters and co‐operations can enhance firm performance, job creation and general social welfare.
Keywords
Citation
Koçak, A. and Edwards, V. (2005), "Independence and co‐operation among small businesses: The case of the Turkish shotgun industry in a period of recession", International Journal of Entrepreneurial Behavior & Research, Vol. 11 No. 3, pp. 186-200. https://doi.org/10.1108/13552550510598781
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited