Richa Chugh, Audra I. Mockaitis, Stephen E. Lanivich, Javad E. Nooshabadi
{"title":"It’s all about resources: Narcissistic CEOs and entrepreneurial orientation during disruptions","authors":"Richa Chugh, Audra I. Mockaitis, Stephen E. Lanivich, Javad E. Nooshabadi","doi":"10.1177/02662426241269774","DOIUrl":"https://doi.org/10.1177/02662426241269774","url":null,"abstract":"Research regarding the influence of personality traits, such as narcissism, on entrepreneurial orientation (EO) is burgeoning, yet the role of affective and cognitive mechanisms is under-examined. Drawing from research on conservation of resources (COR) theory, entrepreneurial cognition and emotion, we examine the narcissism-EO relationship nexus. Specifically, we analyse the mediating role of the resource-induced coping heuristic (RICH) and the moderating influence of fear on the relationship between narcissism and EO. Longitudinal data from CEO-entrepreneurs of SMEs in six countries were collected during the COVID-19 disruptions. Results suggest that the RICH fully mediates the relationship between narcissism and EO. Fear of COVID-19 (FC-19) positively influenced EO and strengthened the narcissism-RICH relationship. Further, pandemic-related disruptions negatively influenced EO and attenuated the positive influence of FC-19 on EO. These findings offer insight into the drivers of entrepreneurial behaviour during times of disruption.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"99 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142266376","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Moderating effect of chief executive officer servant leadership on the relationship between entrepreneurial orientation and firm performance","authors":"Sanjay Chaudhary, Vishal K Gupta, Chitra Singla","doi":"10.1177/02662426241268328","DOIUrl":"https://doi.org/10.1177/02662426241268328","url":null,"abstract":"Although entrepreneurial orientation (EO) is widely believed to benefit firms, it is increasingly considered necessary but insufficient for achieving superior firm performance. To better understand the circumstances under which EO is beneficial for firms, we adopt a resource-based perspective to introduce chief executive officer (CEO) servant leadership as a critical moderator of the EO–performance relationship. We validate our predictions using multi-point data from 170 small firms in India. The results reveal that three servant leadership behaviours – altruistic calling, wisdom and emotional healing – strengthen the EO–performance relationship. Furthermore, consistent with systems logic, the performance benefits of EO are found to be greater when the CEO servant leadership is closer to an ‘ideal’ configuration of behaviours. Overall, our findings contribute to a better understanding of the role of CEO leadership behaviours in fully actualising EO’s performance potential, thus illuminating the importance of aligning a firm’s strategic posture with other constructs of interest.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"2 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142227576","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Towards an entrepreneurial judgement theory: Building the cognitive microfoundations of entrepreneurial judgement","authors":"Mark D Packard, Per L Bylund","doi":"10.1177/02662426241269772","DOIUrl":"https://doi.org/10.1177/02662426241269772","url":null,"abstract":"We advance the judgement-based approach at the foundational level to establish cognitive microfoundations and boundary conditions as a formal theory of entrepreneurship – entrepreneurial judgement theory (EJT). We build upon philosophy’s concept of intentionality to define and conceptualise judgement as the determination and instigation of intentions. Entrepreneurship begins when, through entrepreneurial judgement, intentions are turned entrepreneurial, that is, towards the pursuit of new economic value, and ends when those intentions are turned away again. We elaborate the dynamics of this process, which includes cascading judgements across nested intentions. We conclude by distinguishing EJT from its close relative, entrepreneurial action theory, and by connecting entrepreneurial judgement more explicitly to contemporary psychology research.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"153 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142178849","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Seán O’Reilly, Ciarán Mac an Bhaird, Francis J Greene
{"title":"The role of equity capital in speeding cleantechs across the ‘Valley of Death’","authors":"Seán O’Reilly, Ciarán Mac an Bhaird, Francis J Greene","doi":"10.1177/02662426241267813","DOIUrl":"https://doi.org/10.1177/02662426241267813","url":null,"abstract":"This study advances the understanding of cleantech commercialisation by adopting a market validation approach to analyse equity capital’s role in navigating the ‘Valley of Death’. Focusing on the three core financial milestones – revenue generation, profitability and retained earnings – we investigate 354 UK cleantech firms over 10 years and employ Cox proportional hazard models to explore whether equity capital speeds or slows the achievement of these three financial milestones. We conclude that equity capital-backed firms are slower across the Valley of Death. We discuss the implications of our findings for cleantech firms and those seeking to support the financing of cleantechs.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"23 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142178851","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Johanna Gast, Frank Lasch, Frédéric Le Roy, Chloé Zanardi
{"title":"Coopetition in the small business sector: Taking stock and looking forward","authors":"Johanna Gast, Frank Lasch, Frédéric Le Roy, Chloé Zanardi","doi":"10.1177/02662426241263319","DOIUrl":"https://doi.org/10.1177/02662426241263319","url":null,"abstract":"A growing literature explores the phenomenon of simultaneous cooperating and competing firms. Mostly in strategic management, this literature primarily focused upon large firms. The dynamics of coopetition in small firms, including new and micro-firms, however, remains under-explored raising questions about how they both engage with and manage this complex paradoxical relationship. Shifting the focus in coopetition research to small firms is vital as despite many noted benefits, evidence suggests that liabilities of newness and smallness affect engagement in cooperative relationships. Due to the specificities of small firms, it remains unlikely that the knowledge derived from their larger counterparts will adequately reflect the drivers and mechanisms of small firm coopetition. How does coopetition unfold in the small firm sector? How do challenges and specificities of small firms influence principles and mechanisms identified by the literature on large firm coopetition? To analyse such issues, in this annual review article, we evaluate the emerging body of research on small firm coopetition. Connecting coopetition strategy with small firms and entrepreneurship, we provide a comprehensive review of this emerging literature drawing from which, we then formulate future research needs and directions.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"106 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141780808","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Polycratic governance in hybrid organisations: The re-enchantment of collegiality","authors":"Florian Koehne, Sarah Birrell Ivory","doi":"10.1177/02662426241263322","DOIUrl":"https://doi.org/10.1177/02662426241263322","url":null,"abstract":"Due to urgent societal challenges, organisations increasingly prioritise principles of hybrid value creation over capitalist efficiency rationales. Bureaucratic governance arrangements are widely regarded as detrimental to these organisations and their capacity to drive social change and innovation. Yet, bureaucratic governance continues to dominate the organisational landscape, while alternative approaches remain largely absent or underdeveloped. In this article, we address this puzzle and explore the re-enchantment of collegiality as a polycratic intra-organisational governance concept. Our research is based on empirical evidence from two social enterprises, of which one failed and one succeeded, with a collegiality governance approach. We find that certain elements of traditional collegiality can be particularly problematic in practice and propose a neo-collegial framework that we regard as particularly suitable for the governance of hybrid organisations.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"29 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141780806","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fernando C Lit, Josephina CCM Huijben, Myriam MAH Cloodt, Erik Paredis
{"title":"Business model innovation in circular start-ups: Overcoming barriers in the circular plastics economy","authors":"Fernando C Lit, Josephina CCM Huijben, Myriam MAH Cloodt, Erik Paredis","doi":"10.1177/02662426231217954","DOIUrl":"https://doi.org/10.1177/02662426231217954","url":null,"abstract":"Circular start-ups (CSUs) are crucial for implementing a circular economy; yet, little research has been undertaken on the specific barriers they face. Through a case study of CSUs in the Dutch plastics industry, we identify several key barriers encompassing technology dependence, poor credibility, constrained resources, collaboration challenges, lack of knowledge and inadequate institutional support. Additionally, we highlight four success factors (SFs) that enable CSUs to compete in circular plastics: circular value proposition design, market sensitivity, networking prowess and circular ambidexterity. Our study shows that CSUs can enact these SFs as strategies-in-use to overcome barriers. Yet still, CSUs in plastics continue focusing on recycling-centric business models, limiting their potential to drive the transition more radically along the waste hierarchy. This calls for support from various entities such as entrepreneurial ecosystems as well as a multi-stakeholder perspective that considers their business models as interdependent with other actors in the plastics value chain.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"198 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141510141","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Incumbents versus circular start-ups in the workwear industry: Organisational and individual drivers and barriers to a circular economy","authors":"Jeanette Engzell, Marianna Lena Kambanou","doi":"10.1177/02662426231206818","DOIUrl":"https://doi.org/10.1177/02662426231206818","url":null,"abstract":"This article analyses the organisational and individual drivers and barriers to the implementation of circular business models (CBM) by incumbents and start-ups in the workwear industry. It is based on a qualitative study of 15 organisations in the Swedish workwear industry. Most incumbents are found to have either long-life models with hybrid elements, such as repair, or access models, while circular start-ups have a larger variety of CBMs, although the most common is gap exploiter. Internal organisational barriers mostly differ between the two groups; however, external organisational barriers are more significant and common, such as the low price of new workwear, a lack of demand and a lack of supporting policies, for example, public procurement. Several organisational drivers are identified, such as opportunities to deliver customer value, textile and digital innovations and environmental concerns. Drivers and barriers are influenced by both type of CBM and type of company. Individual drivers and barriers, which are often overlooked in literature, are found to be important to CBM implementation.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"32 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141510138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
João J Ferreira, Ana Joana C Fernandes, Marcela Ramírez-Pasillas
{"title":"Start-ups and entrepreneurial ecosystems in the circular economy: A multi-level approach for safe and just planetary boundaries","authors":"João J Ferreira, Ana Joana C Fernandes, Marcela Ramírez-Pasillas","doi":"10.1177/02662426231210765","DOIUrl":"https://doi.org/10.1177/02662426231210765","url":null,"abstract":"A circular economy (CE) addresses the shift in economic systems from an unsustainable linear approach to a sustainable circular approach through start-ups and entrepreneurial ecosystems (EE). A single level of focus on CE research limits an understanding of the mechanisms fostering a transition towards CE. We conduct a systematic review of the macro–meso–micro interconnections between start-ups and EE in CE using bibliometric and content analyses to scope the literature without time boundaries. This exercise led to 90 articles from the Web of Science and Scopus databases. We contribute to literature on entrepreneurship and CE by building an integrative multi-level framework linked to the just and safe planetary boundaries by bridging macro-level explanations (public policies, regulations and infrastructure) and the meso-level (circular supply chains and circular ecosystems) and micro-level (circular start-ups and circular business models). The framework highlights social and environmental sustainability challenges, and just and safe close-loop production patterns.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"19 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141510142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Institutional environments for circular start-ups: Insights from an entrepreneurial European region","authors":"Carolin Maaßen, David Urbano","doi":"10.1177/02662426231222562","DOIUrl":"https://doi.org/10.1177/02662426231222562","url":null,"abstract":"Circular start-ups (CSUs) are gaining popularity to radically rethink the linear resource flows of global production systems and adopt ambitious approaches towards a circular economy from inception. For CSUs, the institutional environment is particularly relevant; this is because the complex nature of sustainability challenges requires a deep engagement with institutions to drive transitions from linear to circular practices. This article analyses how and why institutional factors influence CSUs in the highly entrepreneurial region of Catalonia in Spain. Based on a multiple case study, our findings demonstrate that CSUs are affected by informal institutions through founder motivations, their ability to create opportunities and social values. Formal institutions influence CSUs regarding the previous experience of founders, accessible ecosystem actors and supportive laws and regulations. These findings are important for effective policymaking to develop adequate support mechanisms and understand the particular challenges and opportunities CSUs face compared to traditional start-ups.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"25 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141510140","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}