Daniel R. Clark, Robert J. Pidduck, G. Lumpkin, J. Covin
{"title":"Is It Okay to Study Entrepreneurial Orientation (EO) at the Individual Level? Yes!","authors":"Daniel R. Clark, Robert J. Pidduck, G. Lumpkin, J. Covin","doi":"10.1177/10422587231178885","DOIUrl":"https://doi.org/10.1177/10422587231178885","url":null,"abstract":"Entrepreneurial orientation (EO) is an important construct in the fields of management and entrepreneurship research. Interest in EO knowledge continues to thrive with a burgeoning research agenda in multiple contexts and with diverse implications. However, a subset of this research, which endeavors to apply the EO construct to explain or predict individuals’ entrepreneurial beliefs and behaviors, has met with resistance. This paper examines the case for EO at the individual level (Ind.EO). We consider the EO legacy concerns, and the various theoretical implications and benefits of doing so. Drawing upon an “EO as a family of constructs” framework, we propose paths forward for studying Ind.EO credibly, consistent with, but distinct from, traditional firm-level EO. Finally, we outline a research agenda and discuss the contributions and potential implications for Ind.EO research across the wider entrepreneurship discipline.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74225255","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nhu Nguyen, Ivona Hideg, Yuval Engel, Frédéric C. Godart
{"title":"Benevolent Sexism and the Gender Gap in Startup Evaluation","authors":"Nhu Nguyen, Ivona Hideg, Yuval Engel, Frédéric C. Godart","doi":"10.1177/10422587231178865","DOIUrl":"https://doi.org/10.1177/10422587231178865","url":null,"abstract":"Women-led startups are evaluated less favorably than men-led startups, but the reasons for this require further investigation. Drawing on ambivalent sexism theory, we posit that benevolent sexism undermines gender equity in startup evaluation. We initially expected benevolent sexism to be negatively related to evaluations of women-led startups. Surprisingly, we found that benevolent sexism is unrelated to evaluations of women-led startups but is positively related to those of men-led startups—a finding that was replicated in two additional studies. Our work demonstrates benevolent sexism as an advantaging mechanism of inequity in entrepreneurship that boosts men’s outcomes without directly harming women’s outcomes.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74958454","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
James Bort, Johan Wiklund, G. Crawford, D. Lerner, R. Hunt
{"title":"The Strategic Advantage of Impulsivity in Entrepreneurial Action: An Agent-Based Modeling Approach","authors":"James Bort, Johan Wiklund, G. Crawford, D. Lerner, R. Hunt","doi":"10.1177/10422587231178882","DOIUrl":"https://doi.org/10.1177/10422587231178882","url":null,"abstract":"Our study extends and enhances entrepreneurial action theory (EAT) by considering the strategic advantage or disadvantage of impulsive action. To date, EAT has largely sidestepped the role of dispositional impulsivity, limiting its veridicality and inclusivity. Popularized notions of celebrity entrepreneurs and an increasingly large body of empirical research on the prevalence of impulsivity have inspired a reassessment of what drives entrepreneurs. Looking beyond both the anecdotes and well-established prevalence of impulsivity, we develop and illustrate a novel theory concerning the fate of impulsive nascent entrepreneurs who are wired for nondeliberative, less-calculative action. We use an agent-based model and conduct simulation-based experiments involving 2.7 million virtual entrepreneurs to identify and explicate the specific conditions under which impulsivity does or does not generate strategic advantage. Accordingly, we contribute a broader and deeper theorization of EAT, taking notable steps toward the inclusion of nontraditional entrepreneurs and the varied impacts of impulsive action in this domain’s evolving conception of new venture emergence.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74165217","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Triad Divided: A Curvilinear Mediation Model Linking Founder Machiavellianism, Narcissism, and Psychopathy to New Venture Performance","authors":"Katrina M. Brownell, Audra Quinn, M. Bolinger","doi":"10.1177/10422587231173684","DOIUrl":"https://doi.org/10.1177/10422587231173684","url":null,"abstract":"Across two studies, we apply self-regulation theory to test nonlinear relationships between founder Machiavellianism, narcissism, and psychopathy and new venture performance. Our hypotheses are supported for Machiavellianism and psychopathy, but contrary to our theorizing, we find a positive relationship between narcissism and performance. Furthermore, we identify an important explanatory mechanism in knowledge sharing, which mediates the curvilinear relationships at moderate and high levels. Our research has implications for how we understand the influence of problematic founder personality traits and how behavioral differences at varying levels of these traits can explain relationships with performance, and it presents a nuanced perspective to trait-based explanations for destructive entrepreneurial actions.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82444763","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Hot Markets, Sociocognitive Cues, and New Market Entry in the U.S. Venture Capital Industry","authors":"J. Lo, Lei Xu, H. Park","doi":"10.1177/10422587231173687","DOIUrl":"https://doi.org/10.1177/10422587231173687","url":null,"abstract":"Investing in sectors that a firm has never invested in before is fundamentally a form of entrepreneurial experimentation and an integral part of wealth creation. We consider how the broader market conditions and sociocognitive cues jointly affect venture capital (VC) firms’ investment decisions in new industries that are unrelated to their past experience. Although VCs are more likely to enter an unrelated new industry when the overall market is hot, they also take sociocognitive cues from their own social contacts and news media. Using the population of U.S. VC investments between 1990 and 2016, we find support for our predictions.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82954479","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Frédéric Ooms, Jitka Annen, Rajanikant Panda, Paul Meunier, Luaba Tshibanda, Steven Laureys, Jeffrey M. Pollack, Bernard Surlemont
{"title":"Advancing (Neuro)Entrepreneurship Cognition Research Through Resting-State fMRI: A Methodological Brief","authors":"Frédéric Ooms, Jitka Annen, Rajanikant Panda, Paul Meunier, Luaba Tshibanda, Steven Laureys, Jeffrey M. Pollack, Bernard Surlemont","doi":"10.1177/10422587231170217","DOIUrl":"https://doi.org/10.1177/10422587231170217","url":null,"abstract":"Despite many calls, functional brain magnetic resonance imaging (fMRI) studies are relatively rare in the domain of entrepreneurship research. This methodological brief presents the brain-imaging m...","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50167731","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Different Institutional Logics Affect the Female CEO Gender Effect on IPO Underpricing in China","authors":"Yu Luna Liu, H. Park, S. Velamuri","doi":"10.1177/10422587231170210","DOIUrl":"https://doi.org/10.1177/10422587231170210","url":null,"abstract":"Female entrepreneurs and CEOs generally face greater challenges in securing funding to exploit entrepreneurial opportunities, yet contextual factors under which such challenges are more likely to arise are less understood. We find that female-led initial public offerings (IPOs) incur greater IPO underpricing, but this effect is moderated by their ownership structure, reflecting different institutional logics in which these firms operate. Specifically, the positive relationship between female CEOs and IPO underpricing is attenuated by venture capitalist ownership, whereas such a relationship is exacerbated by state ownership. Based on a sample of 958 IPOs in China between 2009 and 2015, this study corroborates these findings.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80796024","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Wei Wang, Kimberly A. Eddleston, Francesco Chirico, Stephen X. Zhang, Qiaozhuan Liang, Wei Deng
{"title":"Family Diversity and Business Start-Up: Do Family Meals Feed the Fire of Entrepreneurship?","authors":"Wei Wang, Kimberly A. Eddleston, Francesco Chirico, Stephen X. Zhang, Qiaozhuan Liang, Wei Deng","doi":"10.1177/10422587231170213","DOIUrl":"https://doi.org/10.1177/10422587231170213","url":null,"abstract":"Integrating the family embeddedness perspective with research on commensality and family meals, we develop a framework that explains why some families are more likely to fuel entrepreneurship than ...","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50167738","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Promise of New Ventures’ Growth Ambitions in Early-Stage Funding: On the Crossroads between Cheap Talk and Credible Signals","authors":"Simon Kleinert","doi":"10.1177/10422587231164750","DOIUrl":"https://doi.org/10.1177/10422587231164750","url":null,"abstract":"When entrepreneurs express their ambitions to achieve extraordinary financial growth, it may signal growth potential to early-stage investors. However, as this study proposes, promising overly high...","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-04-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50167904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Entrepreneurial Political Action in the Informal Economy: The Case of the Kumasi Petty Traders","authors":"Arielle Badger Newman, Jay B. Barney","doi":"10.1177/10422587221136075","DOIUrl":"https://doi.org/10.1177/10422587221136075","url":null,"abstract":"This paper develops a new concept, entrepreneurial political activity based on corporate political activity to understand when an entrepreneur, representing both the firm and the individual simulta...","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":null,"pages":null},"PeriodicalIF":10.5,"publicationDate":"2023-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50167907","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}