{"title":"The process of freedom in entrepreneurship and poverty","authors":"Jonathan Kimmitt","doi":"10.1016/j.jbvi.2025.e00550","DOIUrl":"10.1016/j.jbvi.2025.e00550","url":null,"abstract":"<div><div>There has been an expansion of research examining the relationship between poverty and entrepreneurship, but with limited discussion in Journal of Business Venturing Insights over the last 10 years. Understanding how entrepreneurs develop the freedom to pursue business opportunities is intuitively a crucial part of this topic discussion. This paper argues that the capacity to control the decision-making process is of equal importance. Building on the human development perspective and the Capabilities Approach, the paper goes deeper into Sen's notion of <em>opportunity</em> and <em>process freedom</em> to emphasise the need for autonomy, mastery, competence and self-reflection alongside the opportunities available to entrepreneurs in contexts of poverty. The paper concludes by suggesting a path forward around entrepreneurial imaginativeness, self-reflection, and goals and values.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"24 ","pages":"Article e00550"},"PeriodicalIF":0.0,"publicationDate":"2025-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144330805","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"All roads lead to Rome: The influence of creativity dimensions on self-employment through business related creativity","authors":"R. Gabrielle Swab , Pankaj C. Patel","doi":"10.1016/j.jbvi.2025.e00546","DOIUrl":"10.1016/j.jbvi.2025.e00546","url":null,"abstract":"<div><div>We investigate the relationship between the various forms of creativity as a determinant of self-employment, mediated by business/entrepreneurship-related creativity. Using the Componential Model of Creativity, we propose that artistic, math/science, social and civic, and everyday creativity leads to business creativity, which, in turn, is associated with self-employment. We use data from the 2018 National Survey: Self-Perceptions of Creativity & Arts Participation, which includes 1784 survey participants. We identify that these various dimensions of creativity, based on their motivations and the knowledge and skill of each specific area, coalesce and drive entrepreneurial engagement. We discuss the implications of our findings, particularly regarding entrepreneurship education.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"24 ","pages":"Article e00546"},"PeriodicalIF":0.0,"publicationDate":"2025-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144306513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The double-edged sword: Psychedelic-assisted therapy and entrepreneurial well-being, an early conceptual framework","authors":"Pankaj C. Patel , Marcus T. Wolfe","doi":"10.1016/j.jbvi.2025.e00549","DOIUrl":"10.1016/j.jbvi.2025.e00549","url":null,"abstract":"<div><div>The emergence of psychedelic-assisted therapy (PAT) as a legal mental health treatment presents novel implications for entrepreneurship research and practice. Drawing on evidence from psychedelic science and entrepreneurship literature, we examine how PAT might (for some) reshape entrepreneurial well-being via cognitive and affective mechanisms. We develop a conceptual model linking PAT to entrepreneurial well-being through cognitive enhancement, emotional regulation, and adaptive capacity. Our framework identifies key boundary conditions and contingencies affecting these relationships.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"24 ","pages":"Article e00549"},"PeriodicalIF":0.0,"publicationDate":"2025-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144314280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Founding Editorial Board","authors":"","doi":"10.1016/S2352-6734(25)00032-0","DOIUrl":"10.1016/S2352-6734(25)00032-0","url":null,"abstract":"","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"23 ","pages":"Article e00545"},"PeriodicalIF":0.0,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Russell E. Browder , Eric James , Todd W. Moss , Matthew S. Wood , Justin T. Canova
{"title":"Localizing humanitarian aid: A rapid response entrepreneurship model","authors":"Russell E. Browder , Eric James , Todd W. Moss , Matthew S. Wood , Justin T. Canova","doi":"10.1016/j.jbvi.2025.e00542","DOIUrl":"10.1016/j.jbvi.2025.e00542","url":null,"abstract":"<div><div>This rapid response research develops the localized aid model—a distinct approach pioneered by new entrants in the humanitarian aid sector—for the problem owner Field Ready, an entrepreneurial NGO innovating the humanitarian supply chain and empowering local social infrastructure. Unlike traditional aid organizations and spontaneous venturing, the localized aid model embeds entrepreneurship as an organizing logic to address crisis needs through local manufacturing, human-centered design, partnerships, and capacity-building. We position the localized aid model as a third approach in the entrepreneurship literature on humanitarian response. Drawing on social enterprise, organizational resilience, and crowdsourcing research, we advance the model theoretically and show how it can support localized decision-making, integrate with civic infrastructure, and garner acceptance in differing institutional contexts. By equipping aid ventures to measure the degree of localization—defined as agency and ownership of local actors—we highlight how entrepreneurial organizing can foster community resilience as a civic outcome. This research helps Field Ready and similar ventures articulate their innovative model to stakeholders while offering a framework for system-level change in the aid sector.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"23 ","pages":"Article e00542"},"PeriodicalIF":0.0,"publicationDate":"2025-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144253923","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Dimo Dimov , Christian Garmann Johnsen , Bent Meier Sørensen
{"title":"The future within: Commitment, hope, and values in entrepreneurship","authors":"Dimo Dimov , Christian Garmann Johnsen , Bent Meier Sørensen","doi":"10.1016/j.jbvi.2025.e00543","DOIUrl":"10.1016/j.jbvi.2025.e00543","url":null,"abstract":"<div><div>This paper provides philosophical foundations for understanding the <em>future</em> as an internal space for entrepreneurial aspirations. Our argument is laid out in three premises. First, the beliefs underpinning conceptions of the future are best seen as hinge commitments, not subject to rational critique. Second, hope generates the power to make new beginnings and thus enable the pursuit of different futures. Third, the pull of a different future is enabled by the creation of new values that can act as a compass for its pursuit. By engaging with the existential side of the entrepreneurial pursuit of imagined futures, our work aims to expand our scholarly activity.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"23 ","pages":"Article e00543"},"PeriodicalIF":0.0,"publicationDate":"2025-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144169425","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Voting governance and value creation in decentralized autonomous organizations (DAOs)","authors":"Cristiano Bellavitis , Paul P. Momtaz","doi":"10.1016/j.jbvi.2025.e00537","DOIUrl":"10.1016/j.jbvi.2025.e00537","url":null,"abstract":"<div><div>Decentralized autonomous organizations (DAOs) crowdfunds to invest in various projects. The decentralization feature of DAOs submits that decision-making is a collective democratic action of all DAO members. The autonomy feature of DAOs suggests that decision-making is an algorithmic process governed by self-executing smart contracts. However, in reality, DAOs are neither perfectly decentralized nor completely autonomous. Our empirical analysis shows that deviations from the ideals of decentralization and autonomy are costly. Non-algorithmic off-chain voting governance of decision-making leads to a substantial discount in DAO value. Non-decentralized aspects such as large voting coalitions also affect DAO value. Interaction effects are also shown. The study implies that platform governance design choices are crucial for DAO success.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"23 ","pages":"Article e00537"},"PeriodicalIF":0.0,"publicationDate":"2025-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144124608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Decoding regulatory institutions: The stability-flexibility perceptions model for entrepreneurs and regulators","authors":"Alberto Peralta , Susan L. Young","doi":"10.1016/j.jbvi.2025.e00536","DOIUrl":"10.1016/j.jbvi.2025.e00536","url":null,"abstract":"<div><div>Entrepreneurial environments are interconnected systems of actors, institutions, and cultural elements that shape the creation and growth of new ventures. A critical gap persists in understanding how regulatory institutions can simultaneously foster stability and flexibility within these environments, limiting the effective implementation of regulatory strategies by entrepreneurs and regulators. We address this by exploring key factors influencing individuals' perceptions of risk and uncertainty in regulations that promote stability and flexibility. We offer the Stability-Flexibility Perceptions Model (SFPM), a structured framework for assessing the efficiency of regulatory institutions from entrepreneurs' and regulators' perspectives. By leveraging the Index of Economic Freedom, our study's key insight is that the SFPM enables a comprehensive evaluation of stability-oriented regulations—such as property rights protection and infrastructure investment—and flexibility-oriented regulations, including labor market adaptability and regulatory simplification. Specifically, it illustrates how property rights and the rule of law, fiscal health and government size, labor and business regulations, and market openness and others are viewed as either fostering or constraining these dynamics. The SFPM enhances the understanding of dynamics within entrepreneurial environments, with its key takeaway being a valuable evaluation tool for analyzing how regulations influence perceptions of stability and flexibility. Future research should enhance the SFPM's applicability across diverse environments.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"23 ","pages":"Article e00536"},"PeriodicalIF":0.0,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143948851","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Peter Vandor , Fabian Dober , Michael Meyer , Reinhard Millner
{"title":"Evaluating impact potential in early-stage impact investing: Investment criteria and cognitive processes of investors","authors":"Peter Vandor , Fabian Dober , Michael Meyer , Reinhard Millner","doi":"10.1016/j.jbvi.2025.e00535","DOIUrl":"10.1016/j.jbvi.2025.e00535","url":null,"abstract":"<div><div>Impact investing has experienced rapid growth in recent years, with a share of capital directed toward social enterprises that aim to generate both financial returns and social impact. For investors, evaluating the anticipated impact of a venture is a critical part of the selection process. Yet, little is known about how impact investors form these ex-ante assessments. Drawing on verbal protocol analysis of 58 real-world selection processes, we identify 18 distinct cognitive processes investors use to assess social impact potential. Our findings show that, rather than relying on structured or theory-based assessment methods, investors frequently use heuristics. This suggests that bounded rationality plays a central role in impact evaluation, raising questions about the assumed rigor of impact investing practices.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"23 ","pages":"Article e00535"},"PeriodicalIF":0.0,"publicationDate":"2025-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143928960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pedro Henrique Gonçalves da Silva Napoli de Lima, Bruno Brandão Fischer, Gustavo Hermínio Salati Marcondes de Morais
{"title":"Entrepreneurial agency reloaded: Intentions, capabilities and the dynamics of entrepreneurial ecosystems","authors":"Pedro Henrique Gonçalves da Silva Napoli de Lima, Bruno Brandão Fischer, Gustavo Hermínio Salati Marcondes de Morais","doi":"10.1016/j.jbvi.2025.e00540","DOIUrl":"10.1016/j.jbvi.2025.e00540","url":null,"abstract":"<div><div>Increasing attention has been paid in the literature on entrepreneurial ecosystems (EE) concerning configurational microfoundations. The need for a better understanding of the causal channels driving these configurations stems from the view that entrepreneurial ecosystems operate as complex adaptive systems (CAS). Within this paradigm, one dimension that has gained prominence is entrepreneurial agency (EAG). Considered a key element in understanding how EEs are structured, EAG generate outputs, and follow specific evolutionary trajectories. The entrepreneurial agency construct used in this research captures two key subdimensions of entrepreneurial agency: intention and capability. With the consideration of these two subdimensions, the possibility of a mismatch arises (e.g high intention/low capability or low intention/high capability). Yet, significant gaps remain in understanding the subdimensions of EAG and their interplay. Here we aim at further developing the theoretical dimension of entrepreneurial agency by answering the following question: How does the match/mismatch dynamics between the subdimensions intention and capability of EAG affect the configurations and outputs of EE? Using the agent-based modeling (ABM) methodology our results indicate that a mismatch between entrepreneurial intention and capability leads to a decrease in EE output compared to settings where no mismatch is present. Our inquiry identifies key differences between types of mismatch, revealing non-trivial and heterogeneous impacts of intention and capability on the aggregate output of the modeled EE. Our main insight derived from ABM simulations and analyses is related to the dominance of entrepreneurial intention over capability <em>vis-à-vis</em> their impacts on aggregate EE output. This dominance has both academic and policy implications and call for a deepening of the microfoundation paradigm on the field of EE.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"23 ","pages":"Article e00540"},"PeriodicalIF":0.0,"publicationDate":"2025-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143928959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}