Dr Nick Williams, Associate Professor in Enterprise for CEES, along with his co-author Professor Tim Vorley at the University of Sheffield, has been awarded Best Overall Paper 2016 by the International Small Business Journal. The paper is titled “Between petty corruption and criminal extortion: How entrepreneurs in Bulgaria and Romania operate within a devil’s circle” and focusses on the impact of corruption on entrepreneurship in transition economies. It examines how both small and large scale corrupt activities impact on the everyday lives of entrepreneurs. As such, entrepreneurs are unable to escape from the ‘devil’s circle’ as it envelopes their activities, whether their ventures are large or small.
The paper argues that entrepreneurial planning and ambition are constrained where the institutional environment allows corruption to persist.
The paper can be downloaded here: http://journals.sagepub.com/page/isb/collections/isb-best-papers