{"title":"When the going gets tough: Stressors and purpose in life among social and commercial entrepreneurs","authors":"Sean M. Dwyer , Michael Lerman , David Gras","doi":"10.1016/j.jbvi.2023.e00434","DOIUrl":"10.1016/j.jbvi.2023.e00434","url":null,"abstract":"<div><p>Described as the presence of significance, meaning, and goal-directedness in one's life, purpose in life has received much attention in psychology and well-being research due to its association with psychological well-being. However, research on the relationship between entrepreneurship and purpose in life remains nascent. In this study, we explore differences in purpose in life between social entrepreneurs and commercial entrepreneurs. We find that social entrepreneurs, on average, exhibit higher levels of purpose in life than commercial entrepreneurs. We further find that social entrepreneurs are more likely to retain purpose in life in the face of hindrance stressors than their commercial entrepreneur counterparts. We discuss theoretical implications for social entrepreneurship and entrepreneurial well-being literatures.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00434"},"PeriodicalIF":0.0,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135514511","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(23)00072-0","DOIUrl":"https://doi.org/10.1016/S2352-6734(23)00072-0","url":null,"abstract":"","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00443"},"PeriodicalIF":0.0,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2352673423000720/pdfft?md5=928d9d595124ed8b832adeb97a3854ec&pid=1-s2.0-S2352673423000720-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138396466","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":"Why don’t you like me? Exploring the social venture funding gap in angel investing","authors":"Henrik Wesemann , Torben Antretter","doi":"10.1016/j.jbvi.2023.e00433","DOIUrl":"10.1016/j.jbvi.2023.e00433","url":null,"abstract":"<div><p>While many studies on the social venture funding gap have focused on venture-level factors to explain why social ventures receive less funding, the role of investors and their characteristics has received less attention. In this study, we propose that the reason for much of the funding gap is that many angel investors lack the analytical capabilities required to assess double bottom lines. Drawing on the literature on human capital in angel investing, we use data on 19,757 investment decisions by 1,428 angel investors from a large angel investment network to investigate the relationship between venture type, angel investor analytical capability, and investment likelihood. We find that the reluctance to invest into social ventures disappears for analytically capable angel investors (those who are relatively educated, experienced, and connected). These findings demonstrate the importance of investor human capital in social venture funding and closing the funding gap.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00433"},"PeriodicalIF":0.0,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135455447","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}
Timothy L. Michaelis , Jon C. Carr , Alexander McKelvie , April Spivack , Michael P. Lerman
{"title":"Health resourcefulness behaviors: Implications of work-health resource trade-offs for the self-employed","authors":"Timothy L. Michaelis , Jon C. Carr , Alexander McKelvie , April Spivack , Michael P. Lerman","doi":"10.1016/j.jbvi.2023.e00432","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00432","url":null,"abstract":"<div><p>In this paper, we present an exploratory study to investigate why those who are self-employed in the United States may make more personal health-related trade-offs than adults working in traditional wage-employment jobs. A random sample of 10,663 working adults in the United States indicate that the self-employed engage in higher amounts of health-related resourcefulness behaviors than wage employees (e.g., skipping medication to save money). We find that concerns over healthcare access and affordability serve as antecedents to health resourcefulness behaviors among all working adults, but that age moderates these relationships differently for the self-employed. Specifically, younger self-employed adults engage in health resourcefulness behaviors due to healthcare <em>affordability</em> concerns while older self-employed adults engage in such behaviors due to healthcare <em>access</em> concerns. In sum, we contribute to the entrepreneurial resourcefulness literature and well-being literature by highlighting data on how the self-employed make trade-offs with their personal health resources. We offer multiple directions for theory development, future research, and implications for healthcare policy.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00432"},"PeriodicalIF":0.0,"publicationDate":"2023-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49743861","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 deterioration of self-worth in entrepreneurship","authors":"Pablo Muñoz , Marieshka Barton , Susanne Braun , Farzana Chowdhury , Nicola Jayne-Little , Joanne Rowland , Katherine Sykes , Jason Smith , Clare Talbot-Jones , Adele Taggart , Jessica Komes","doi":"10.1016/j.jbvi.2023.e00430","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00430","url":null,"abstract":"<div><p>This paper explores the deterioration of self-worth in entrepreneurship. Using a 15-month participatory action research in the North of England, we found mismatches between expectations and experiences at three interacting levels—purpose, autonomy, and achievement—which surface as entrepreneurs reflect on execution, performance, and fulfillment experiences. Mismatches materialize as incongruence between the ideal states under pursuit and the actual experiences, which compound leading to a diminished sense of control, direction, and worthiness, which in turn further fuels a cycle of negative emotions, involving anxiety, isolation, shame, and guilt. We discuss implications for entrepreneurs’ mental health.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00430"},"PeriodicalIF":0.0,"publicationDate":"2023-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49743936","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":"Crisis response efficacy: Perceived ability to respond entrepreneurially to crises","authors":"Kim Klyver , Paul Steffens , Suna Løwe Nielsen","doi":"10.1016/j.jbvi.2023.e00429","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00429","url":null,"abstract":"<div><p>Prior research indicates the importance of entrepreneurial responses to external crises. This article theoretically extends the concept of self-efficacy to the task domain of entrepreneurial response to crisis situations. <em>Crisis response efficacy</em> is conceptualized as a task-specific (perceived) efficacy, a CEO's beliefs in their firm's skills, knowledge, and readiness to respond effectively to an external crisis – dealing with crisis impacts and responding entrepreneurially to pursue opportunities. We further theorize that crisis response efficacy mediates the relationship between several antecedents and entrepreneurial responses to crises and that the nature of the response varies with the crisis stages. We provide a preliminary empirical illustration of the utility of crisis response efficacy as a construct.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00429"},"PeriodicalIF":0.0,"publicationDate":"2023-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49743933","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":"Field dynamics as context – A multi-perspective combined analysis of the effects of context on entrepreneurship","authors":"Alex Alterskye , Ted Fuller , Andrea Caputo","doi":"10.1016/j.jbvi.2023.e00431","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00431","url":null,"abstract":"<div><p>Addressing the growing need for nuanced understandings of entrepreneurial contexts, this article presents a multifaceted pragmatic framework for scrutinising the ‘field of entrepreneurship’ and its associated dynamics. Drawing on Bourdieu's theory of practice and the institutional logics perspective, we introduce the concept of the field as a mid-level analytical lens—positioned between micro and macro perspectives—that captures the complex interplay of agency and structure in entrepreneurial activity. Our conceptualisation of the field enables the dissection of structural logics and actor dispositions, alongside the institutional processes that shape the entrepreneurial landscape. In response to calls for innovative methodologies in entrepreneurship research, we propose a combined analytical approach to unpack the layered complexities of entrepreneurial contexts, from individual actors to broader institutional influences. The utilisation of this ‘field of entrepreneurship’ concept, with a particular focus on field dynamics, serves as a pragmatic analytical unit, contributing to the broader discourse by balancing simplicity, accuracy, and generalisability. This research consequently offers a novel methodological avenue for exploring what facilitates or impedes entrepreneurial activity within varying contexts.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00431"},"PeriodicalIF":0.0,"publicationDate":"2023-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49743934","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}
Mathew Hayward , Zhiming Cheng , Haining Wang , Russell Smyth
{"title":"Parental influence and the propensity for entrepreneurship: Evidence from the one-child policy","authors":"Mathew Hayward , Zhiming Cheng , Haining Wang , Russell Smyth","doi":"10.1016/j.jbvi.2023.e00428","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00428","url":null,"abstract":"<div><p>Theory and evidence on human capital suggest that those with more resources have more opportunities to advance their careers. However, entrepreneurship in developing countries may depend more on individuals' resourcefulness than resources. In this article, we investigate the proposition that those who are endowed with more resources from their parents are less resourceful and, therefore, less likely to become entrepreneurs. Our study is situated within the context of China's one-child policy so that we can address concerns that the relationship between the number of siblings one has and the propensity for entrepreneurship is endogenous to parental preferences and fertility conditions. Consistent with this proposition, we find that those with more siblings are more likely to become entrepreneurs. Also, more parental resources and influence weaken such a relationship. While the one-child policy was set up as a means of population control, an unexpected consequence was a diminished propensity for entrepreneurship.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00428"},"PeriodicalIF":0.0,"publicationDate":"2023-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49763884","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}
Joseph Billingsley , Jeffrey M. Pollack , Timothy L. Michaelis , Elizabeth M. Tracy , Dennis Barber III , Ace Beorchia , Jon C. Carr , Gabe Gonzalez , Michael L. Harris , Grayson Morrow , Duygu Phillips , Matthew W. Rutherford , Lewis Sheats
{"title":"Exploring objective versus subjective social ties using entrepreneurs’ gmail data","authors":"Joseph Billingsley , Jeffrey M. Pollack , Timothy L. Michaelis , Elizabeth M. Tracy , Dennis Barber III , Ace Beorchia , Jon C. Carr , Gabe Gonzalez , Michael L. Harris , Grayson Morrow , Duygu Phillips , Matthew W. Rutherford , Lewis Sheats","doi":"10.1016/j.jbvi.2023.e00421","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00421","url":null,"abstract":"<div><p>It is intuitively appealing and common in the literature to describe social ties as one large category that represents multiple constructs which have similar relations across operationalizations. However, that approach does not capture the nuance in the literature and might obscure notable differences between subjective and objective network tie measures, and how those differences extend to relations with venture-level outcomes. Drawing upon novel objective measures of network ties derived from analyses of entrepreneurs’ Gmail data, we offer an empirical assessment of subjective social ties relative to objective social ties. In examining how those assessments relate to multiple metrics of venture performance, we look at both subjective and objective measures. We find that objective network measures predict overall subjective (but not objective) venture performance at an average of <em>r</em> = .31 (for network size) and <em>r</em> = .29 (for network engagement). We delve into the implications of our work, and discuss how future research can progress more effectively and efficiently with an eye towards the practical usefulness of our findings for entrepreneurs and entrepreneurship service organizations.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00421"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49763887","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}
Daniel R. Clark , G. Christopher Crawford , Robert J. Pidduck
{"title":"Exceptionality in entrepreneurship: Systematically investigating outlier outcomes","authors":"Daniel R. Clark , G. Christopher Crawford , Robert J. Pidduck","doi":"10.1016/j.jbvi.2023.e00422","DOIUrl":"https://doi.org/10.1016/j.jbvi.2023.e00422","url":null,"abstract":"<div><p>Entrepreneurship is the study of ordinary people doing extraordinary things: outliers in society, seeing and enacting new venture opportunities, while most others do not. Historically, the field of entrepreneurship has been dominated by competing homogeneity and heterogeneity perspectives. Extending current heterogeneity trends in the domain, this article builds the case for the benefits of examining the exceptional of the exceptional: entrepreneurs that <em>produce extraordinary results</em>. We argue that outlier entrepreneurs are not aberrations or empirical nuisances to be explained away or “fixed” through statistical wizardry. Rather, in most entrepreneurship phenomenon, those extremely high performing and disproportionately influential cases are <em>“the goal” of entrepreneurship,</em> and exactly where valuable theory-building potential lies. Building on several growing conversations in entrepreneurship research, we introduce why some phenomenological domains share characteristic potential for generating important insights using an outlier approach and present a set of methodological tools to tackle them.</p></div>","PeriodicalId":38078,"journal":{"name":"Journal of Business Venturing Insights","volume":"20 ","pages":"Article e00422"},"PeriodicalIF":0.0,"publicationDate":"2023-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49744031","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}