Entrepreneurship Research Journal最新文献

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Diversification Decisions of Family SMEs under Uncertainty: Goals as a Rule of Thumb 不确定性下家族中小企业的多元化决策:目标的经验法则
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-05-24 DOI: 10.1515/erj-2021-0436
Pablo Doucet, Ignacio Requejo, Isabel Suárez-González
{"title":"Diversification Decisions of Family SMEs under Uncertainty: Goals as a Rule of Thumb","authors":"Pablo Doucet, Ignacio Requejo, Isabel Suárez-González","doi":"10.1515/erj-2021-0436","DOIUrl":"https://doi.org/10.1515/erj-2021-0436","url":null,"abstract":"Abstract Leveraging on the behavioural mixed gamble lens, we contend that heterogeneity in organisational goals leads to different diversification behaviours in family firms. Using survey and archival data on a sample of 988 family SMEs homogenous in their (high) family involvement level, we show that family SMEs that pursue nonfinancial (financial) goals exhibit lower (higher) probability of extending the boundaries of the firm to new product and/or market domains. Interestingly, in the face of threats, only those family SMEs that prioritise financial goals exacerbate their propensity to diversify, while increased vulnerability leads to an even lower probability of adopting diversification decisions among family SMEs with nonfinancial goals.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"68 1","pages":"567 - 600"},"PeriodicalIF":1.9,"publicationDate":"2022-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77150420","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Psychological Ownership in Heterogeneous Family Firms: A Promising Path and a Call for Further Investigation 异质性家族企业的心理所有权:一条充满希望的道路及进一步研究的呼唤
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-05-16 DOI: 10.1515/erj-2022-0156
M. Mustafa, Rania Labaki, Bart Henssen
{"title":"Psychological Ownership in Heterogeneous Family Firms: A Promising Path and a Call for Further Investigation","authors":"M. Mustafa, Rania Labaki, Bart Henssen","doi":"10.1515/erj-2022-0156","DOIUrl":"https://doi.org/10.1515/erj-2022-0156","url":null,"abstract":"Abstract This essay responds to recent calls for more research on family firms’ heterogeneity from an ownership perspective. We complement the legal and economic view of ownership by focusing on the concept of psychological ownership (feeling of possessions) in family firms. We explore its dynamics, processes and implications as well as its limited inclusion in the family business field to date. Building on a brief review of the literature, we suggest the concept of psychological ownership can help expand our understanding of family firms’ heterogeneity. Additionally, we put forward a future research agenda for psychological ownership in family firms.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"51 1","pages":"631 - 664"},"PeriodicalIF":1.9,"publicationDate":"2022-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82620858","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
How the Leader-Team Age Dissimilarity and Leader Power Shape the Entrepreneurial Ventures’ R&D Intensity: Empirical Evidence from China 领导团队年龄差异和领导权力如何影响创业企业研发强度:来自中国的经验证据
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-05-09 DOI: 10.1515/erj-2021-0352
Yaoyi Zheng, Yi Su
{"title":"How the Leader-Team Age Dissimilarity and Leader Power Shape the Entrepreneurial Ventures’ R&D Intensity: Empirical Evidence from China","authors":"Yaoyi Zheng, Yi Su","doi":"10.1515/erj-2021-0352","DOIUrl":"https://doi.org/10.1515/erj-2021-0352","url":null,"abstract":"Abstract Contemplating the directionality of age difference between the leaders and their team, the leader-team age dissimilarity can be divided into two categories: leader-team norm-consistent age dissimilarity and leader-team norm-inconsistent age dissimilarity. Previous studies have remained lacking to investigate these two types of age differences and their interactions relationship with leaders’ power under China’s cultural context. This study integrates the theoretical framework of social normative theory and power distance theory, and analyzes the impact of leader-team norm-consistent age dissimilarity and leader-team norm-inconsistent age dissimilarity, and their interaction with leader power on entrepreneurial firms’ research and development (R&D) intensity. Panel data on the entrepreneurial firms of the China’s Growth Enterprise Market is adopted, and panel random-effects tobit regression is used for empirical test. The results indicate that leader-team norm-consistent age dissimilarity is negatively associated with R&D intensity of entrepreneurial firms, whereas there is an inverted U-shaped relationship between leader-team norm-inconsistent age dissimilarity and entrepreneurial firms’ R&D intensity. The aforementioned relationship is stronger when leader power is high as opposed to when it is low. The execution of robustness checks authenticates the veracity of the empirical results.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"56 1","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91017833","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Economic Context and Entrepreneurial Intention: Analysis of Individuals’ Perceptions in a Spanish University Context 经济背景与创业意向:西班牙大学背景下个人认知的分析
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-04-13 DOI: 10.1515/erj-2021-0290
Esperanza Gil-Soto, F. J. García-Rodríguez, I. Ruiz-Rosa, Desiderio Gutiérrez-Taño
{"title":"Economic Context and Entrepreneurial Intention: Analysis of Individuals’ Perceptions in a Spanish University Context","authors":"Esperanza Gil-Soto, F. J. García-Rodríguez, I. Ruiz-Rosa, Desiderio Gutiérrez-Taño","doi":"10.1515/erj-2021-0290","DOIUrl":"https://doi.org/10.1515/erj-2021-0290","url":null,"abstract":"Abstract Entrepreneurship has been emphasized as a way of boosting economic growth. However, there is a lack of knowledge about whether changes in economic context influence entrepreneurial activity. This paper analyzes the influence that such economic changes may have on entrepreneurial intention and its antecedents from individuals’ cognitive perspectives. With this aim, an empirical study is conducted using the Partial Least Squares technique on a sample of 7454 Spanish university students, who had participated in the Global University Entrepreneurial Spirit Student Survey 2013 and 2018 editions. The results indicate that in times of optimistic job prospects arising from a period of economic growth, individuals reduce their entrepreneurial intentions as a professional option for the future. Despite this, improvements in the economic situation can intensify the perception of support from those closest to potential young entrepreneurs, as well as the confidence that these people have in themselves to start a new business. Moreover, our findings suggest that better economic expectations negatively influence the relationship between social support perceived and young people’s motivations (attitude and self-efficacy) towards the decision to become an entrepreneur.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"1 1","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89106126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Financial Products and Family Business Innovation Strategy 金融产品与家族企业创新战略
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-04-13 DOI: 10.1515/erj-2021-0303
Jiannan Yu
{"title":"Financial Products and Family Business Innovation Strategy","authors":"Jiannan Yu","doi":"10.1515/erj-2021-0303","DOIUrl":"https://doi.org/10.1515/erj-2021-0303","url":null,"abstract":"Abstract This paper studies the influence of purchasing financial products (FPs) on the innovation strategy of family businesses (FBs) under the background of Chinese system. Applying a difference in difference methodology we are able to compare FBs who have purchased FPs with FBs who have not yet purchased FPs, and compare FBs that have purchased FPs before and after the purchase. We distinguish between different patent types (invention, utility, and design), and find that purchasing FPs significantly increase the design patents of FBs. That means buying FPs will shift innovation direction to safer and more economical path. Moreover, the effect of purchasing FPs on innovation outputs is governed by institutional ownership, government subsidy, and R&D personnel ratio. This paper contributes to our understanding of the important role of risk aversion in technological innovation strategy of FBs.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"68 1","pages":"665 - 691"},"PeriodicalIF":1.9,"publicationDate":"2022-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90497534","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Exploring Individual and Family-related Characteristics of Hybrid Entrepreneurs 探讨混合型企业家的个人与家族特征
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-04-12 DOI: 10.1515/erj-2021-0154
O. Dvouletý, Dieter Bögenhold
{"title":"Exploring Individual and Family-related Characteristics of Hybrid Entrepreneurs","authors":"O. Dvouletý, Dieter Bögenhold","doi":"10.1515/erj-2021-0154","DOIUrl":"https://doi.org/10.1515/erj-2021-0154","url":null,"abstract":"Abstract This research contributes to the knowledge of individuals called hybrid entrepreneurs who combine primary paid employment with secondary self-employment activity. We work with a dataset of 30 countries participating in the 2017 European Union Labour Force Survey. We conduct a multivariate analysis of individual and family-related characteristics of hybrid entrepreneurs. Our results highlight that hybrid entrepreneurs are a specific subgroup of the population of self-employed individuals. While the hybrid entrepreneurs are also a relatively heterogeneous group themselves, we show that most of them do business in the agricultural sector and live in rural areas. Their business activities seem to be on average younger than those being run by primarily self-employed individuals. This likely reflects the temporary nature of many hybrid entrepreneurship endeavours. Interestingly hybrid entrepreneurs have, on average, higher levels of education, but this finding relates mainly to those being involved in non-agricultural activities. Women are less likely to pursue hybrid entrepreneurship, which is even less likely associated with having caring responsibilities for children. Future research should provide more longitudinal insights into the family-kids related aspects of hybrid entrepreneurship.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"1 1","pages":"693 - 723"},"PeriodicalIF":1.9,"publicationDate":"2022-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90556079","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Frontmatter
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-04-01 DOI: 10.1515/erj-2022-frontmatter2
{"title":"Frontmatter","authors":"","doi":"10.1515/erj-2022-frontmatter2","DOIUrl":"https://doi.org/10.1515/erj-2022-frontmatter2","url":null,"abstract":"Article Frontmatter was published on April 1, 2022 in the journal Entrepreneurship Research Journal (volume 12, issue 2).","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"52 1","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138504559","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Feeling Right: Regulatory Fit Theory and Early-Stage Entrepreneurial Investment Decisions 感觉正确:监管契合理论与早期创业投资决策
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-03-24 DOI: 10.1515/erj-2020-0408
Shiyao Jiang, Guiquan Li, Haixin Liu, Jie Xiong, Shubho Chakraborty
{"title":"Feeling Right: Regulatory Fit Theory and Early-Stage Entrepreneurial Investment Decisions","authors":"Shiyao Jiang, Guiquan Li, Haixin Liu, Jie Xiong, Shubho Chakraborty","doi":"10.1515/erj-2020-0408","DOIUrl":"https://doi.org/10.1515/erj-2020-0408","url":null,"abstract":"Abstract Recent advances in entrepreneurial investment decisions research implied that early-stage investment decisions, given their extreme uncertainty and unpredictability, were results of investors’ intuition processes. In other words, investors manage the high risks of early-stage investment decisions by finding justifications of future value against risk in the invested entrepreneurial projects. Although some studies have discussed the decision-making process of mid- and late-stage venture capital, there is still a lack of discussion on the early-stage investment decision-making mechanism. In this paper, we draw on regulatory fit theory to theorize how the fit of regulatory focus between investor and entrepreneur could lead to the investor’s early-stage investment decisions in terms of investment amount and speed. Across three experimental studies, we found empirical support for our proposed model. Specifically, investors who have similar regulatory focus with the entrepreneurs are more likely to invest a larger amount of funds at a faster speed. We further found that investor’s sense of rightness mediates the relationship between regulatory fit and investment decision, and investor’s previous investment experience plays a moderating role.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"82 1","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84368017","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Understanding the Role of Perceptions in Opportunity Evaluation: A Discrete Choice Experiment 理解感知在机会评估中的作用:一个离散选择实验
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-03-15 DOI: 10.1515/erj-2021-0232
Per L. Bylund, Trey Malone
{"title":"Understanding the Role of Perceptions in Opportunity Evaluation: A Discrete Choice Experiment","authors":"Per L. Bylund, Trey Malone","doi":"10.1515/erj-2021-0232","DOIUrl":"https://doi.org/10.1515/erj-2021-0232","url":null,"abstract":"Abstract We construct a discrete choice experiment to study opportunity evaluation by entrepreneurs. This new method in entrepreneurship studies allows us to measure entrepreneurs’ utility functions and thereby their perceptions of opportunity. Consequently, we produce empirical evidence for how entrepreneurs evaluate opportunities beyond the objective facts and find two types of entrepreneurs with different evaluative behavior that cannot be explained by situational or demographic differences. We contribute to the opportunity evaluation literature by measuring perceptions, provide theoretical argument and present empirical evidence for heterogeneity among entrepreneurs, and introduce new methods that allow for more nuanced empirical analyses of entrepreneurial decision-making.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"7 1","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84098226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Strategic Decision-Making and Performance in Social Enterprises: Process Dimensions and the Influence of Entrepreneurs’ Proactive Personality 社会企业战略决策与绩效:过程维度及企业家主动性人格的影响
IF 1.9 4区 管理学
Entrepreneurship Research Journal Pub Date : 2022-02-10 DOI: 10.1515/erj-2021-0147
D. Manolopoulos, Helen Salavou, A. Papadopoulos, Michail Xenakis
{"title":"Strategic Decision-Making and Performance in Social Enterprises: Process Dimensions and the Influence of Entrepreneurs’ Proactive Personality","authors":"D. Manolopoulos, Helen Salavou, A. Papadopoulos, Michail Xenakis","doi":"10.1515/erj-2021-0147","DOIUrl":"https://doi.org/10.1515/erj-2021-0147","url":null,"abstract":"Abstract Different organizational perspectives surrounding social enterprises (SEs) have burgeoned over the past few years. However, integrating financial sustainability with social value remains a “black box” with respect to entrepreneurial strategic decision-making (SDM). Drawing from decision theories and the proactivity perspective of personality-based SDM literature, we investigate the impact of synoptic (rationalistic) and incremental (adaptive) process models, and moderate these approaches with the entrepreneur’s proactive personality traits on SEs’ financial and social performance. Our results show that when a rational and intuitive SDM develops in conjunction, financial performance improves. In contrast, a departure from rationality in favor of incremental decision-making processes advances only the social performance of SEs. A proactive entrepreneurial personality positively moderates strategic cognitions in improving SEs’ both financial and social objectives. On the other hand, when proactivity moderates rationality, the financial performance of SEs declines.","PeriodicalId":45658,"journal":{"name":"Entrepreneurship Research Journal","volume":"4 1","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80448091","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
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