{"title":"Silicon Valley entrepreneurship – Revisiting a popular dream","authors":"Ted Baker , Friederike Welter","doi":"10.1016/j.jbvi.2024.e00466","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00466","url":null,"abstract":"","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00466"},"PeriodicalIF":0.0,"publicationDate":"2024-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2352673424000180/pdfft?md5=28135d37a95e12c34dbe0992d61e2c9b&pid=1-s2.0-S2352673424000180-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140807248","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":"Nurturing neighborhoods, cultivating local businesses: The effects of amenities-to-infrastructure spending on new business licenses in Chicago's wards","authors":"Pankaj C. Patel","doi":"10.1016/j.jbvi.2024.e00467","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00467","url":null,"abstract":"<div><p>Based on public choice theory, this study examines how the relative focus on amenities-to-infrastructure spending is associated with the concentration and the subsequent volume of new business licenses. Using data from the Aldermanic Menu Program and business license records in Chicago, the key insight from our study suggests a \"seeding and spreading\" effect, where increased amenities-to-infrastructure spending is associated with a less diverse distribution of new business licenses, but that in turn, is associated with an increase in the overall volume of new businesses licenses in the following period. The effect sizes are small. The study contributes to the literature on urban economics and entrepreneurship by extending the concept of amenity-focused public spending.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00467"},"PeriodicalIF":0.0,"publicationDate":"2024-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140643960","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":"Entrepreneurship after prison: It’s complicated","authors":"Fiona Robinson , Stephanie A. Fernhaber","doi":"10.1016/j.jbvi.2024.e00465","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00465","url":null,"abstract":"<div><p>Entrepreneurship is increasingly seen as a creative solution for individuals after they have been released from prison given the difficulties they face in finding viable employment. However, considering that entrepreneurship inherently involves maneuvering around and overcoming obstacles, it is likely an even more complicated endeavor for these individuals. A <em>thick problem description</em> of entrepreneurship after prison is needed to better understand the unique challenges associated with this unconventional entrepreneurial journey. Drawing on the existing literature coupled with semistructured interviews with five individuals who started businesses after being incarcerated, we utilize an empathy mapping tool to explicate our findings. We then outline key insights and offer recommendations on how to move forward.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00465"},"PeriodicalIF":0.0,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140638308","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":"What makes universities build academic spin-offs more successfully? A theory-based triangulation of quantitative studies based on meta-analyses","authors":"Kyootai Lee , Hyun Ju Jung","doi":"10.1016/j.jbvi.2024.e00463","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00463","url":null,"abstract":"<div><p>In recent decades, quantitative studies on university spinoffs (USOs) have begun to proliferate across disciplines. This study aims to systematically consolidate the measures used in the extant USO research into theoretical constructs, and connect the constructs to the entrepreneurial ecosystem (EE) perspective. In doing so, this study examines the effect of university-level characteristics on the number of USO establishments and USO performance; it also evaluates measurement validities that can reflect constructs. The systematic review and thematic coding reveal four groups of 14 constructs from the measures identified in prior studies: university general characteristics, university research characteristics, university entrepreneurial characteristics, and technology transfer office characteristics. Our meta-analyses indicate that the relationships between the constructs and USO outcomes are generally significant, thereby providing evidence of the convergent and nomological validities of the measures. Research design has a limited impact on the relationships, but country moderates several relationships between university characteristics and USO outcomes. Following our meta-analytic review, we explain the contribution to university entrepreneurship ecosystem research and suggest a theoretically triangulated model for future studies.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00463"},"PeriodicalIF":0.0,"publicationDate":"2024-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140605822","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 future in the mirror and behind it: Scientists and more","authors":"Dimo Dimov","doi":"10.1016/j.jbvi.2024.e00464","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00464","url":null,"abstract":"<div><p>This paper argues that the framework of entrepreneurs-<em>as</em>-scientists, portraying entrepreneurs as tasked with making precise and reliable inferences, and expressed in certain mathematical language, trivializes entrepreneurial practice. I highlight the challenges that arise from replacing the abstract notations of mathematical language with names from ordinary language of entrepreneurship. Co-opting of ordinary language for mathematical purposes distorts our understanding of business ideas, venture development, and entrepreneurial processes. At stake are different conceptions of the future. One creates the future within language, the other accepts that the future lies outside of language as an untameable realm of perpetual novelty.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00464"},"PeriodicalIF":0.0,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2352673424000167/pdfft?md5=c20a8377b03b300ef213e5d8ad12f39b&pid=1-s2.0-S2352673424000167-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140535113","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":"Dopamine and entrepreneurship: Unifying entrepreneur personality traits, psychiatric symptoms, entrepreneurial action and outcomes","authors":"Michael Freeman , Daniel Lerner , Andreas Rauch","doi":"10.1016/j.jbvi.2024.e00461","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00461","url":null,"abstract":"<div><p>Research conducted over the last three decades confirms that dopaminergic personality traits (Openness, Extraversion and the Industriousness aspect of Conscientiousness) are prominent among entrepreneurs. We highlight the continuum between dopaminergic traits, dimensions, temperaments, symptoms and psychiatric conditions (bipolar spectrum conditions, ADHD, substance and behavioral addictions, and OCPD) among entrepreneurs, and how behavioral manifestations of this continuum affect entrepreneurial action. Despite the pathological potential, the connection with some favorable outcomes of dopaminergic traits and psychiatric conditions suggests that atypical dopamine physiology may be one biomarker of the neurodiversity that distinguishes, empowers and endangers entrepreneurs. By showing the dopaminergic underpinnings of traits, dimensions, symptoms and conditions among entrepreneurs, we offer a unifying framework that contextualizes findings within the construct of dopaminergic differences – a framework that integrates otherwise isolated findings about the personality traits and psychiatric conditions of entrepreneurs. In other words, the neurodiversity biomarkers and bio-psycho-social characteristics found among entrepreneurs often reflect a polygenic endophenotype that features atypical dopamine physiology.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00461"},"PeriodicalIF":0.0,"publicationDate":"2024-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140181132","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":"Upward, downward or steady: How social class experience shapes transnational social venturing","authors":"Nkosana Mafico , Anna Krzeminska , Charmine Härtel , Josh Keller","doi":"10.1016/j.jbvi.2024.e00462","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00462","url":null,"abstract":"<div><p>Transnational social entrepreneurs leverage their cross-border knowledge and experiences to create and exploit opportunities in multiple markets. However, this knowledge and experience is not homogeneous or equally distributed among them. In this paper, we examine how the social class experiences of 18 transnational social entrepreneurs from the African diaspora living in the West influence their transnational social venturing. We identify four types of Transnational Social Class Experience (TSCE)—Grounded, Elite, Fallen and Elevated—each associated with a different approach to transnational social venturing. Our key contribution is introducing and unpacking the concept of Transnational Social Venturing Advantage (TSVA): the unique benefits that transnational social entrepreneurs can gain when their economic experiences across multiple countries intersect with the varied sociocultural environments they encounter. We also develop a framework that elucidates the connections between TSCE and social venturing approaches through TSVA. Taken together, our study advances the literature on transnational social venturing by unpacking the social class experience dynamics that enable transnational social entrepreneurs to access resources and understand their beneficiaries. It also advocates for a shift beyond a low versus high social class dichotomy in the broader (transnational) entrepreneurship discourse to a spectrum-based approach that accounts for social class experiences gained across borders.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00462"},"PeriodicalIF":0.0,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2352673424000143/pdfft?md5=69df6e22b819afbf08041866e883b69a&pid=1-s2.0-S2352673424000143-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140163320","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}
Bright Frimpong , Fatima Mohammed , Keri M. Larson , Henry Anderson Junior
{"title":"Take my word for it! The role of projected certainty signaling and certainty alignment in reward crowdfunding outcomes","authors":"Bright Frimpong , Fatima Mohammed , Keri M. Larson , Henry Anderson Junior","doi":"10.1016/j.jbvi.2024.e00456","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00456","url":null,"abstract":"<div><p>Crowdfunding has emerged as a pivotal mechanism for entrepreneurs and innovators to source capital directly from a diverse audience of backers. Our study analyzes the nuanced impact of projected certainty signaling on the success of crowdfunding campaigns. We argue that the degree of certainty conveyed in project descriptions has a curvilinear influence on project success. We underscore the importance of the consensus on this projected certainty being shaped by interactions between founders and backers. Our study has several implications for founders, backers, and platforms by offering valuable insights for enhancing crowdfunding strategies and interactions toward positive outcomes.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00456"},"PeriodicalIF":0.0,"publicationDate":"2024-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140122644","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":"Slowed by commitment and hastened by obstacles: Exploring patterns of entrepreneur role exit in the EPOP dataset","authors":"Douglas R. Ewing, Jeffrey Meyer, Kirk D. Kern","doi":"10.1016/j.jbvi.2024.e00460","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00460","url":null,"abstract":"<div><p>Empirical understanding of why individuals become former entrepreneurs is not well-established. This investigation draws upon Identity Theory and Role Exit Theory to explore patterns in Entrepreneurship in the Population (EPOP) Survey Project dataset. The key finding is a theory-consistent tension between commitment and obstacles encountered in predicting exit from the entrepreneur role. The likelihood of being a former entrepreneur is decreased by surrogate indicators of commitment such as having a business as primary personal income source. The likelihood is increased by proximal obstacles such as low levels of familial support. These patterns persist after statistical control for a wide swath of demographic and business characteristics. Based on these observed patterns, avenues for future research and implications for entrepreneurs, educators, and policymakers are considered.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00460"},"PeriodicalIF":0.0,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S235267342400012X/pdfft?md5=b7ca8574a450415c1fca1d3ea9d8c287&pid=1-s2.0-S235267342400012X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140041896","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}
Richard A. Hunt , David M. Townsend , Daniel A. Lerner , Katrina M. Brownell
{"title":"Pivot, persist or perish? Knowledge problems and the extraordinarily tight boundary conditions of entrepreneurs as scientists","authors":"Richard A. Hunt , David M. Townsend , Daniel A. Lerner , Katrina M. Brownell","doi":"10.1016/j.jbvi.2024.e00459","DOIUrl":"https://doi.org/10.1016/j.jbvi.2024.e00459","url":null,"abstract":"<div><p>The characterization of entrepreneurs as scientists (EaS) has become increasingly popular among management scholars because it fits neatly with existing theories of entrepreneurial action grounded in the assumption that entrepreneurs form and test beliefs in an intendedly rational fashion, under conditions of uncertainty, while continually seeking to obtain and process new information. Recent scholarship breathes new life into the EaS paradigm by proposing a framework that builds upon pragmatism in developing a microfoundational perspective concerning causally inferential action and rationality-based heuristics. Yet, the drift towards EaS is not without controversy. Business venturing is rarely analyzable through the lens of natural laws and orderly structures. Moreover, uncertainty is not the only knowledge problem (KP) that entrepreneurs confront. As such, EaS may be ineffective in bringing resolution to these other challenging KPs – ambiguity, complexity, and equivocality – especially when entrepreneurs are entertaining decisions to pivot or persist. In this sense, our work underscores the importance of EaS while also asserting the need for clear boundary conditions.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"21 ","pages":"Article e00459"},"PeriodicalIF":0.0,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140041862","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}