Journal of Business Venturing Insights最新文献_第6页

Entrepreneurial ecosystems as multiteam systems: Navigating independence and interdependence in the leadership of startup communities 作为多团队系统的创业生态系统：在领导初创企业社区的过程中驾驭独立性和相互依存性

Journal of Business Venturing Insights Pub Date : 2023-12-14 DOI: 10.1016/j.jbvi.2023.e00445

Philip T. Roundy, W. Randy Evans

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引用次数: 0

Beyond the IPO horizon: Understanding the determinants and consequences of IPO withdrawal 超越 IPO 的视野：了解 IPO 退出的决定因素和后果

Journal of Business Venturing Insights Pub Date : 2023-12-09 DOI: 10.1016/j.jbvi.2023.e00439

Jarrod Humphrey

引用次数: 0

Pouring the Paycheck Protection Program into craft beer: PPP employment effects in service-intensive industries 将 "工资保障计划 "注入精酿啤酒：服务密集型行业的购买力平价就业效应

Journal of Business Venturing Insights Pub Date : 2023-12-08 DOI: 10.1016/j.jbvi.2023.e00444

Aaron J. Staples , Kristopher Deming , Trey Malone , Craig W. Carpenter , Stephan Weiler

{"title":"Pouring the Paycheck Protection Program into craft beer: PPP employment effects in service-intensive industries","authors":"Aaron J. Staples , Kristopher Deming , Trey Malone , Craig W. Carpenter , Stephan Weiler","doi":"10.1016/j.jbvi.2023.e00444","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00444","url":null,"abstract":"<div><p>Small businesses in the food and beverage service industry are particularly vulnerable to crises such as the COVID-19 pandemic. One of the most salient vulnerabilities was the drastic decline in consumer spending at eating and drinking places, generating unprecedented swings in employment in this service-intensive sector. Governments across the globe implemented rapid response fiscal policies to mitigate these economic damages and improve small business crisis management. One such policy was the Paycheck Protection Program (PPP) in the United States. This study links restricted microdata from the Colorado Quarterly Census of Employment and Wages to microdata on PPP loan recipients to assess whether the loan program effectively reduced unemployment rates in Colorado's craft beer industry. The results of a staggered difference-in-differences framework indicate immediate and longer-term positive and statistically significant effects of the loan program on employment outcomes, with employment effects ranging from 16.8 to 19.5%. These results emphasize the importance of understanding the loan program’s effectiveness among hard-hit industries comprised of small businesses.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138550102","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}

引用次数: 0

Outlier entrepreneurs: Nonlinear paths and novel ventures 离群企业家:非线性路径和新奇冒险

Journal of Business Venturing Insights Pub Date : 2023-12-03 DOI: 10.1016/j.jbvi.2023.e00437

G. Christopher Crawford , Christian Linder , Christian Lechner , Elisa Villani

{"title":"Outlier entrepreneurs: Nonlinear paths and novel ventures","authors":"G. Christopher Crawford , Christian Linder , Christian Lechner , Elisa Villani","doi":"10.1016/j.jbvi.2023.e00437","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00437","url":null,"abstract":"<div><p>Outliers in entrepreneurship are founders who are markedly different—both quantitatively and qualitatively—relative to the “normal” population. We use a power law perspective to hypothesize that, in order for new ventures to persist, founders with outlier endowments are more likely to have novel expectations about the opportunities they pursue and greater variation in the execution methods they employ, while normal founders are more likely to have much lower expectations and engage in a manner that is confined to fit within the smaller scope of explicit market demand. We leverage data from the Panel Study of Entrepreneurial Dynamics II, a longitudinal representative sample of 1214 nascent entrepreneurs organizing resources in preparation for startup, and employ fuzzy set qualitative comparative analysis to investigate our hypothesized relationships. In support, the results suggest that founders need to stay in their lane for their ventures to persist: whereas outlier founders have the option to successfully pursue more ambitious opportunities—those that are innovative, growth-oriented, and international focused—normal founders are primarily resigned to niche opportunities. Even more interesting, ventures are much less likely to persist when there is a misalignment between endowments, expectations, and engagement (i.e., when outlier founders pursue niche opportunities and normal founders pursue aspirational opportunities). This study makes meaningful contributions to the power law perspective, to the growing interest in outliers and exceptionality in entrepreneurship, and to the domain’s aggregated knowledge of new venture persistence.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-12-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138484181","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}

引用次数: 0

Whatever the problem, entrepreneurship is the solution! Confronting the panacea myth of entrepreneurship with structural injustice 不管是什么问题，创业就是解决之道!用结构性不公正来面对创业的灵丹妙药神话

Journal of Business Venturing Insights Pub Date : 2023-11-29 DOI: 10.1016/j.jbvi.2023.e00440

Jan Keim , Susan Müller , Pascal Dey

{"title":"Whatever the problem, entrepreneurship is the solution! Confronting the panacea myth of entrepreneurship with structural injustice","authors":"Jan Keim , Susan Müller , Pascal Dey","doi":"10.1016/j.jbvi.2023.e00440","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00440","url":null,"abstract":"<div><p>A topic of growing interest in entrepreneurship research is how entrepreneurial ventures address grand challenges. This literature, we argue, tends to produce a panacea myth by suggesting that entrepreneurship is the universal remedy for existing social and environmental ills. Starting from the claim that the persuasive power or ‘stickiness’ of the panacea myth depends not only on what it explicitly says (in terms of ideas and beliefs) but also on what it leaves out, we suggest that the exclusion of explicitly political and holistic explanations of grand challenges such as Iris Marion Young's theory of structural injustice, which we use as an illustrative example, precipitates a ‘constitutive absence’ whose mythic function is to sanitize the image of entrepreneurship as the preferred solution to grand challenges. In an effort to denaturalize the panacea myth, we first identify three ‘figures of thought’ – coined ‘extrapolation fallacy,’ ‘political agnosticism,’ and ‘positive acculturation’ – that define the content of the panacea myth while simultaneously excluding theoretical concepts and frameworks, such as structural injustice, that conceptualize grand challenges as structural, multidetermined, and inherently political problems that are not necessarily amenable to stand-alone entrepreneurial approaches and solutions. Second, to loosen the grip of the panacea myth, we suggest rethinking entrepreneurship research in terms of who is involved, what methods are used, and how we talk about it. Taken together, these tactics create an opening in entrepreneurship research for a more complexity-sensitive and political understanding of grand challenges that cultivates a more humble and realistic depiction of entrepreneurship's problem-solving capacity.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2352673423000690/pdfft?md5=82ce4ee8bd099b292fcb047777be30fc&pid=1-s2.0-S2352673423000690-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138466524","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}

引用次数: 0

An exploratory look at the role of ownership in initial coin offerings (ICO): Different audiences and ICO success 探究所有权在首次代币发行(ICO)中的作用:不同的受众和ICO的成功

Journal of Business Venturing Insights Pub Date : 2023-11-25 DOI: 10.1016/j.jbvi.2023.e00438

Serhan Kotiloglu, M. Paola Ometto

{"title":"An exploratory look at the role of ownership in initial coin offerings (ICO): Different audiences and ICO success","authors":"Serhan Kotiloglu, M. Paola Ometto","doi":"10.1016/j.jbvi.2023.e00438","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00438","url":null,"abstract":"<div><p>Initial coin offering (ICO) is a Web-3 based financing method for ventures, which allows them to use digital assets (e.g., tokens) to raise capital. During an ICO, the entrepreneur has control on ownership; they can choose to issue a very small number of tokens which would allow them to keep “their skin in the game” and retain ownership, or issue all the tokens they hold, which would distribute ownership to investors and have a community-decentralized orientation. While previous literature has identified several factors of ICO success, they have not delved into the role of ownership in ICO success. In this study, we explore whether retaining or distributing ownership during an ICO is more beneficial for raising capital. We find a two-pronged explanation. When looking at ICOs maintaining a higher level of ownership, entrepreneurs are catering to corporate-market logic investors, and we see a U relationship where the optimal percentage in which the entrepreneurs show they have skin in the game at the same time as giving enough to investors. But then, there are ICOs distributing most of its ownership in which entrepreneurs are attracting community-oriented investors, and as such, the higher the distribution the higher the investment. We propose that this is related to how there are different investors audiences’ that will value different practices and ideals and choose differently on what types of projects to invest in. Our research elucidates this new funding source. Nonetheless, future research should investigate these exploratory findings.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2352673423000677/pdfft?md5=7a0b6c4f4a9e554365bf53cbcf85d825&pid=1-s2.0-S2352673423000677-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138436858","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}

引用次数: 0

Crowdfunding and too much choice: A recipe for disappointment 众筹和太多选择:令人失望的秘诀

Journal of Business Venturing Insights Pub Date : 2023-11-21 DOI: 10.1016/j.jbvi.2023.e00436

Ramy Elitzur , Peri Muttath , David Soberman

引用次数: 1

How do impact investors leverage non-financial strategies to create value? An impact-oriented value framework 影响力投资者如何利用非财务策略来创造价值?面向影响的价值框架

Journal of Business Venturing Insights Pub Date : 2023-11-18 DOI: 10.1016/j.jbvi.2023.e00435

Pola Nachyła , Rachida Justo

引用次数: 0

Bridging worlds: The intersection of religion and entrepreneurship as meaningful heterodoxy 连接世界:宗教和企业家精神作为有意义的异端的交集

Journal of Business Venturing Insights Pub Date : 2023-11-01 DOI: 10.1016/j.jbvi.2023.e00406

Brett Smith , Ali Aslan Gümüsay , David M. Townsend

引用次数: 9

Creation of the entrepreneurial personality scale: Removing conceptual and empirical barriers from the study of personality and entrepreneurship 创业人格量表的创建:消除人格与创业研究的概念和经验障碍

Journal of Business Venturing Insights Pub Date : 2023-11-01 DOI: 10.1016/j.jbvi.2023.e00398

Matt C. Howard

引用次数: 0