Sebastian H. Fuchs , Tim Vorley , Marc J. Ventresca
{"title":"A primer to new space business - Beyond “Business in space: The new frontier” (Goodrich, Kitmacher and Amtey, 1987)","authors":"Sebastian H. Fuchs , Tim Vorley , Marc J. Ventresca","doi":"10.1016/j.jbvi.2024.e00493","DOIUrl":"10.1016/j.jbvi.2024.e00493","url":null,"abstract":"<div><div>The purpose of this article is to serve as a primer and gateway to contemporary developments around New Space as an entrepreneurial phenomenon. Despite its media-presence, commercial space activity in Low Earth Orbit (LEO) has been mostly absent from the management literature. We use considerations that Goodrich et al. had voiced in <em>Business Horizons</em> in 1987 with their piece “Business in Space: The New Frontier” to pick up on earlier thinking around venturing into space, update highlighted themes, and go beyond those. Our article follows the structure set out in 1987 and covers the current state of space commercialization, obstacles to space commercialization, opportunities in space, marketing and managerial implications, and concludes with research avenues. We find that entrepreneurship in space is currently in a phase overcoming many of the previously voiced obstacles, embracing the opportunities that space offers beyond catering to government agencies as main clients. We call this contemporary period for space Transition Space, which is situated between Old government-driven and venture-driven New Space. We argue that space is a critical new context not only for entrepreneurial activity but for entrepreneurship research as well. Our article contributes to the nascent space management literature.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00493"},"PeriodicalIF":0.0,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142722789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"What’s the risk? It depends. Entrepreneurs’ and employees’ perceptions of domestic city-level institutional risk","authors":"Kaitlyn DeGhetto , Zachary A. Russell","doi":"10.1016/j.jbvi.2024.e00503","DOIUrl":"10.1016/j.jbvi.2024.e00503","url":null,"abstract":"<div><div>With a focus on entrepreneurs' decisions related to domestic location choices, this study draws from the international business institutional risk literature to evaluate city-level risk perceptions while accounting for individual-level political views. Specifically, we surveyed entrepreneurs and prospective employees in an effort to evaluate how important 1) safety risk, 2) political risk, and 3) social risk are when considering where to live, work, and start businesses. This process also included a comparison to ease of doing business, a previously studied driver of investment decisions. To identify low (and high) risk domestic investment locations, we had participants rate 25 large U.S. cities on the risk factors. Our findings indicate that entrepreneurs and prospective employees care about the city-level institutional risk factors. However, the focus and perceptions of entrepreneurs and prospective employees are greatly influenced by political views, perceptions do not always mirror objective data, and the two groups weight risk differently. The key insight of our study is that, in order to access and maintain valuable human capital, entrepreneurs should begin considering employees' perceptions related to city-level institutional risk. Importantly, these perceptions are biased by factors such as one's political views. Likewise, to attract business investment, city leaders should consider these risk perceptions.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00503"},"PeriodicalIF":0.0,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142655411","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":"Time to say goodbye? Exploring the entrepreneurial transition to retirement","authors":"Simon Stephens","doi":"10.1016/j.jbvi.2024.e00506","DOIUrl":"10.1016/j.jbvi.2024.e00506","url":null,"abstract":"<div><div>This study presents the experiences of entrepreneurs who are approaching the end of their careers and what society defines as working life. This topic is a significant gap in the literature and existing terms used to describe retirement do not accurately capture the retirement considerations of entrepreneurs. A series of two interviews were conducted with fifteen entrepreneurs, all of whom are within five years of the state defined retirement age. Analysis of the data from the 30 interviews supports the identification of four types of entrepreneurial approach to retirement. Each of the four types will approach retirement differently, depending on their experience as an entrepreneur and factors external to business such as financial and family circumstances. The recognition that there are distinctive aspects to the retirement decisions of entrepreneurs, challenges our established theoretical understanding of the end of working life, creating a multitude of research questions that form an important research agenda within entrepreneurship.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00506"},"PeriodicalIF":0.0,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142655413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Clinton T. Purtell , Matthew W. Rutherford , Duygu Phillips , Jeffrey M. Pollack , Bryan D. Edwards
{"title":"Pitch envisaging: The role of narrative transportation in pitching success","authors":"Clinton T. Purtell , Matthew W. Rutherford , Duygu Phillips , Jeffrey M. Pollack , Bryan D. Edwards","doi":"10.1016/j.jbvi.2024.e00501","DOIUrl":"10.1016/j.jbvi.2024.e00501","url":null,"abstract":"<div><div>How are entrepreneurs able to optimize their ability to persuade angel investors to commit resources? Narrative transportation theory suggests that familiar elements of a story can change an audience's perceptions of, and attitudes about, the opportunity by influencing their cognition. When experiencing the effects of narrative transportation, individuals are “transported” into the story and begin to accept the narrative world as created by the story in lieu of personal knowledge, experiences, or real-world facts. In an entrepreneurship context, we posit that if investors are narratively transported through a familiar pitch narrative, they may envisage a favorable outcome of what is pitched and adapt the opportunity in their minds with the result of, ultimately, committing resources. The findings from our study of investors who watched and reported on multiple pitches suggest that cognitive processes induced by narrative transportation explain the relationship between familiarity and entrepreneurial opportunity adaptation, which—in turn—increase the likelihood of angels' resource commitment. The key insight of our study reveals that when the investors are mentally transported into the story contained within a pitch narrative, they will be more likely to adapt the opportunity and more likely to commit their resources.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00501"},"PeriodicalIF":0.0,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142586342","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}
Bastian Thomsen , Jarrod Vassallo , Christopher Wright , Suwen Chen , Jennifer Thomsen , Daniel Villar , Andrew Gosler , Talitha Best , Anant Deshwal , Sarah Coose , Roger Such , Suvi Huikuri , Samuel R. Fennell , María A. Hincapié , Domenic Winfrey , Benjamin H. Mirin , Ami Pekrul , Emma Riley , Olav Muurlink
{"title":"Reimagining entrepreneurship in the Anthropocene through a multispecies relations approach","authors":"Bastian Thomsen , Jarrod Vassallo , Christopher Wright , Suwen Chen , Jennifer Thomsen , Daniel Villar , Andrew Gosler , Talitha Best , Anant Deshwal , Sarah Coose , Roger Such , Suvi Huikuri , Samuel R. Fennell , María A. Hincapié , Domenic Winfrey , Benjamin H. Mirin , Ami Pekrul , Emma Riley , Olav Muurlink","doi":"10.1016/j.jbvi.2024.e00507","DOIUrl":"10.1016/j.jbvi.2024.e00507","url":null,"abstract":"<div><div>This article extends the entrepreneurship literature by presenting a multispecies lens that attends to the rights, agency, and welfare of nonhumans in the ecological and climate change crises. It responds to calls for rethinking entrepreneurship beyond anthropocentrism, integrating insights from multispecies studies and philosophical ethology. The multispecies lens framework amalgamates humans and nonhumans as equal partners in entrepreneurial endeavors. Based on seven years of field research, including over 200 interviews, participant observation, and archival data, the article uses meta-ethnographic analysis to synthesize findings from four related multispecies studies and develop a line-of-argument analysis. Three themes showcase how multispecies relations can be reconciled in theory and practice: 1) community engagement and environmental education, 2) the interdependency of species through One Welfare, and 3) organizing for intrinsic value over profit. These themes shape the multispecies lens in entrepreneurship framework, offering a foundation for scholars and practitioners to consider nonhumans as <em>equal partners</em> within capitalist endeavors. The article concludes with recommendations for fostering equitable multispecies partnerships in entrepreneurship, if it's not already too late given the dire circumstances of the Anthropocene.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00507"},"PeriodicalIF":0.0,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142700842","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Uncovering wellbeing: The complex realities of mompreneurs with additional needs children through Lego® Serious Play®","authors":"Regina Casteleijn-Osorno","doi":"10.1016/j.jbvi.2024.e00499","DOIUrl":"10.1016/j.jbvi.2024.e00499","url":null,"abstract":"<div><div>This paper explores the complexities of identifying the wellbeing of mompreneurs (mother-entrepreneurs) who are also caregivers to children with additional needs. A social constructionist perspective, Lego® Serious Play® was employed in individual interviews to uncover their complex wellbeing realities while pursuing entrepreneurship. A hermeneutic constructivist lens was applied to further conceptualize the language behind their experiences. The findings present three dimensions of wellbeing: 1) Internal conflict and self-neglect 2) Empowerment, Independence, Fulfilment 3) Resilient Control: Keeping the Balance. These dimensions provide an idiographic understanding, contributing to the broader knowledge of wellbeing as a component of entrepreneurship alongside caregiving responsibilities.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00499"},"PeriodicalIF":0.0,"publicationDate":"2024-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142528348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hans Rawhouser , Mazhar Islam , Lisa Jones Christensen , Elizabeth Embry , Trenton A. Williams , Michael Conger , Cindy Trussel
{"title":"Supporting refugees: An entrepreneurial resourcefulness approach","authors":"Hans Rawhouser , Mazhar Islam , Lisa Jones Christensen , Elizabeth Embry , Trenton A. Williams , Michael Conger , Cindy Trussel","doi":"10.1016/j.jbvi.2024.e00496","DOIUrl":"10.1016/j.jbvi.2024.e00496","url":null,"abstract":"<div><div>This rapid research paper seeks to aid Lighthouse Charities (LC), a Las Vegas-based refugee-sponsoring organization. Rather than channeling all refugees toward entrepreneurship, LC utilizes a two-pronged entrepreneurial resourcefulness approach. LC creates refugee-focused work integration social enterprises (WISEs) and also supports refugee clients as entrepreneurs. While LC helps many refugees with this approach, LC seeks a more systematic lens (versus a trial-and-error approach) to understand and adjust to the limits of using an ER approach. Experts from three theoretical perspectives (trauma exposure, identity adjustment, and entrepreneurial failure) provide theoretically informed insights into how LC can systematically adjust the ER approach to help refugees by <em>matching</em> resources to opportunities, <em>modifying</em> existing resources to potential opportunities, and <em>transitioning</em> away from resourcefulness.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00496"},"PeriodicalIF":0.0,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420618","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":"Mirror neurons and neuroplasticity: The dyadic neurological foundations bridging entrepreneur-level and enterprise-level capabilities","authors":"Vaneet Kaur","doi":"10.1016/j.jbvi.2024.e00497","DOIUrl":"10.1016/j.jbvi.2024.e00497","url":null,"abstract":"<div><div>The paper bridges the contours of neuroscience and entrepreneurship to unveil the neuronal path to transfigure entrepreneur-level capabilities into enterprise-level capabilities without holding a priori assumptions about serendipity or application of the aggregation principle. It reveals that neural mechanisms through which efforts of entrepreneurs are aggregated and exploited at the enterprise level—mirror neuron system and neuroplasticity—do not represent a fortuity, but conscious endeavors on the parts of both entrepreneurs and the enterprise to bridge these distances. In doing so, this paper explains how the brains of various entrepreneurial actors can be trained like muscles, and how they can achieve bio-behavioral synchrony to facilitate such neurochemical changes in their brain wiring that induce cognitive, affective, and conative aspects of opportunity identification, opportunity exploitation, and successful reconfiguration, which are essential for an entrepreneurial brain. Moreover, the paper demonstrates how mirror neuron system can become the gateway to neuroplasticity and how this cross-modal matching can assist entrepreneurial actors in developing their capabilities. The conceptual framework proposed explains how entrepreneurial actors, and consequently, the enterprise, can move towards a more plastic mode of operation, one that helps disrupt the brain's homeostasis to achieve enterprise plasticity, and ultimately develop robust enterprise-level capabilities.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00497"},"PeriodicalIF":0.0,"publicationDate":"2024-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142357070","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}
Colette Henry , Wendy Wu , Kare Moberg , Slavica Singer , Barbara Gabriel , Robertt Valente , Carolina Carlos , Nick Fannin
{"title":"Exploring inclusivity in entrepreneurship education provision: A European study","authors":"Colette Henry , Wendy Wu , Kare Moberg , Slavica Singer , Barbara Gabriel , Robertt Valente , Carolina Carlos , Nick Fannin","doi":"10.1016/j.jbvi.2024.e00494","DOIUrl":"10.1016/j.jbvi.2024.e00494","url":null,"abstract":"<div><div>This paper explores inclusivity in entrepreneurship education (EE) provision. This is an important area of research given the growth in EE provision globally and the intention for it to be a discipline and a competence accessible to everyone. Drawing on data from nine European Higher Education Institutions (HEIs) and their respective entrepreneurship programs, our core research question asks: <em>how inclusive are European entrepreneurship education programs, and how might their inclusivity be enhanced?</em> Answering this question could help raise awareness of the need for inclusive EE, identify specific student cohorts who are potentially excluded and help widen EE participation generally. We contribute to the existing body of literature in this field by underscoring the significance of inclusivity in EE programs, proposing an adapted version of an existing inclusivity-proofing tool as a first step for HEIs on their inclusivity journey and offering insights designed to bolster HEIs' EE inclusivity efforts.</div></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00494"},"PeriodicalIF":0.0,"publicationDate":"2024-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2352673424000465/pdfft?md5=71bbcbdc52f8a815acb732b7c669fdf2&pid=1-s2.0-S2352673424000465-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142315097","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Stars everywhere: Revealing the prevalence of star performers using empirical data published in entrepreneurship research","authors":"Kaushik Gala, Andreas Schwab","doi":"10.1016/j.jbvi.2024.e00492","DOIUrl":"10.1016/j.jbvi.2024.e00492","url":null,"abstract":"<div><p>Scholars have long called for moving beyond a narrow focus on average performance toward a more direct investigation of the variance in performance. While a few studies have evaluated <em>star entrepreneurs</em>, most empirical research continues to focus on average performers. This lacuna has constrained not only the development of theories but also the accumulation of data on the distribution of performance. In response, this study uses simulations and heuristics to extract distributional information from descriptive statistics commonly reported in published research (i.e., mean, standard deviation, and sample size). Applying this approach to studies recently published in high-impact entrepreneurship journals shows that (a) the suggested methodology can provide rough estimates of the skew and shape of performance distributions, and (b) right-skewed, heavy-tailed distributions featuring star performers are ubiquitous in entrepreneurship, thus reinforcing calls for more direct studies of performance distributions in entrepreneurship.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"22 ","pages":"Article e00492"},"PeriodicalIF":0.0,"publicationDate":"2024-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142271466","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}