{"title":"The Role of Context for Theory Development: Evidence From Entrepreneurship Research on Russia","authors":"Galina Shirokova, Tatiana Beliaeva, T. Manolova","doi":"10.1177/10422587221138226","DOIUrl":"https://doi.org/10.1177/10422587221138226","url":null,"abstract":"To better understand the role of context for theory development in entrepreneurship, we build a theoretical framework which captures four aspects of the “theory to context” and “context to theory” interplay. We use the results from a literature review of entrepreneurship research on Russia published in leading journals over the past 30-year period to test our framework and show how contextualization enhances theoretical development in the entrepreneurship field and how context theorizing leads to the development of new theories. We propose ideas for the development of indigenous theory of Russian entrepreneurship based on the specificity of history and geography.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"52 1","pages":"2384 - 2418"},"PeriodicalIF":10.5,"publicationDate":"2022-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79596574","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}
Petrit Ademi, Monika C. Schuhmacher, Andrew Zacharakis
{"title":"Evaluating Affordance-Based Opportunities: A Conjoint Experiment of Corporate Venture Capital Managers’ Decision-Making","authors":"Petrit Ademi, Monika C. Schuhmacher, Andrew Zacharakis","doi":"10.1177/10422587221134788","DOIUrl":"https://doi.org/10.1177/10422587221134788","url":null,"abstract":"We integrate opportunity evaluation reasoning with affordance theory to develop a nuanced theoretical model of action orientation in entrepreneurial decision-making. We test our model with a conjoint experiment of 864 decisions made by 54 corporate venture capital (CVC) managers evaluating digital ventures for investment. Our findings provide evidence that CVC managers value two sources of digital affordances: the recombinability and the reprogrammability of digital technologies. The results show that CVC managers individuate affordance-based investment opportunities based on their personal and organizational background. We contribute to a fine-grained understanding of action potentials in the evaluation of opportunities and advance affordance theory through a cognitive judgment perspective.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"24 1","pages":"2293 - 2322"},"PeriodicalIF":10.5,"publicationDate":"2022-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82930528","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":"Does a Past Category’s Success Influence Existing Entrepreneurial Fundraising?: A Legitimacy Spillover Perspective","authors":"M. Li, Charson Cancan Dong, Shige Makino","doi":"10.1177/10422587221138228","DOIUrl":"https://doi.org/10.1177/10422587221138228","url":null,"abstract":"Research on entrepreneurial crowdfunding has focused limited attention to the role of category in investors’ decisions. We examine the legitimacy spillover effect of projects within the same category of industry on the focal project’s fundraising. We decompose category legitimacy into two types—stable versus transient—and investigate their distinct effects on fundraising. Our dataset, derived from 31,767 projects on Kickstarter from 2010 to 2020, confirms the spillover effect of category legitimacy on entrepreneurial fundraising. Furthermore, the spillover effect of stable legitimacy is much stronger than that of transient legitimacy, and this effect weakens when entrepreneurs have greater past successes.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"1 1","pages":"2263 - 2292"},"PeriodicalIF":10.5,"publicationDate":"2022-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85563622","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":"Berlin is Hotter Than Silicon Valley! How Networking Temperature Shapes Entrepreneurs’ Networking Across Social Contexts","authors":"Katharina Scheidgen, A. Brattström","doi":"10.1177/10422587221134787","DOIUrl":"https://doi.org/10.1177/10422587221134787","url":null,"abstract":"Our study contributes a contextual perspective on entrepreneurs’ networking, shifting focus from individual-level network structure and networking activities toward understanding networking as a multilevel process involving individual and contextual mechanisms. Through a multiple case study of entrepreneurs in Silicon Valley and Berlin, we introduce networking temperature as novel concept that captures context-bound templates for how entrepreneurs should network, ranging from colder to warmer. As core implications, networking temperature enables a contextualized understanding of tie quality, to explain why networking takes different forms in different contexts, and why entrepreneurs gain more cumulative advantage from their existing relationships in warmer than colder contexts.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"1 1","pages":"2233 - 2262"},"PeriodicalIF":10.5,"publicationDate":"2022-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78670120","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}
Martin Tao-Schuchardt, Frederik J. Riar, Nadine H. Kammerlander
{"title":"Family Firm Value in the Acquisition Context: A Signaling Theory Perspective","authors":"Martin Tao-Schuchardt, Frederik J. Riar, Nadine H. Kammerlander","doi":"10.1177/10422587221135761","DOIUrl":"https://doi.org/10.1177/10422587221135761","url":null,"abstract":"Drawing on signaling theory, we explore the signaling effect of family firm status on firm value in the acquisition context as well as important contingencies influencing the signal’s effectiveness. Based on a sample of 486 observations of acquisitions in France, Germany, Italy, and Spain from 2011 to 2019, our empirical results suggest that acquirers purchase family firms at a higher firm value than non-family firms. This relationship is moderated by the target firm’s financial performance (i.e., high vs. low) and listing status (i.e., private vs. public) prior to an acquisition, as well as the type of acquirer (i.e., financial vs. non-financial) and the acquirer’s geographic location (i.e., cross-border vs. domestic). Our study’s findings suggest that family firm value is driven not only by the characteristics of the family firms that become acquired but also by the characteristics of the acquirers as they influence the effectiveness of the family firm signal.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"104 1","pages":"1200 - 1232"},"PeriodicalIF":10.5,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73644987","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":"Ties That Bind or Blind? The Role of Identity and Place in Understanding Women Entrepreneurs’ Support Needs","authors":"Norin Arshed, G. Martin, Stephen Knox","doi":"10.1177/10422587221134786","DOIUrl":"https://doi.org/10.1177/10422587221134786","url":null,"abstract":"This article explores how women entrepreneurs enact identity work to construct their identities at the intersection of gender and entrepreneurship while facing challenges to their legitimacy as entrepreneurs. These legitimacy challenges trigger reflections into who they are as entrepreneurs, and where they belong within entrepreneurial contexts. We draw on 24 focus groups with women entrepreneurs and 30 interviews with enterprise support organizations. We present a model which advances our understanding of the complex identities of women entrepreneurs and how their use of identity work enables them (or not) to become legitimate members of an entrepreneurial community.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"1 1","pages":"2205 - 2232"},"PeriodicalIF":10.5,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83489451","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}
S. Amini, S. Johan, Eilnaz Kashefi Pour, Abdulkadir Mohamed
{"title":"Employee Welfare, Social Capital, and IPO Firm Survival","authors":"S. Amini, S. Johan, Eilnaz Kashefi Pour, Abdulkadir Mohamed","doi":"10.1177/10422587221120821","DOIUrl":"https://doi.org/10.1177/10422587221120821","url":null,"abstract":"We examine the impact of employee welfare and social capital on the prospect of firms remaining quoted on a stock exchange. We analyze a panel sample of US-listed firms from 2000 to 2016 and track the outcome to the end of 2021. We find that entrepreneurial firms remain listed longer when employee welfare is better, and firms are located in a better social capital region. We also find that employee welfare positively complements the impact of social capital on prolonging the likelihood of remaining quoted. Our results are robust to endogeneity, effects of financial crises and COVID-19, and various model specifications.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"41 1","pages":"2174 - 2204"},"PeriodicalIF":10.5,"publicationDate":"2022-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81840426","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}
Ari Hyytinen, Petri Rouvinen, Mika Pajarinen, Joosua Virtanen
{"title":"Ex Ante Predictability of Rapid Growth: A Design Science Approach","authors":"Ari Hyytinen, Petri Rouvinen, Mika Pajarinen, Joosua Virtanen","doi":"10.1177/10422587221128268","DOIUrl":"https://doi.org/10.1177/10422587221128268","url":null,"abstract":"We examine how machine learning (ML) predictions of high-growth enterprises (HGEs) help a budget-constrained venture capitalist source investments for a fixed size portfolio. Applying a design science approach, we predict HGEs 3 years ahead and focus on decision (not statistical) errors, using an accuracy measure relevant to the decision-making context. We find that when the ML procedure adheres to the budget constraint and maximizes the accuracy measure, nearly 40% of the HGE predictions are correct. Moreover, ML performs particularly well where it matters in practice—in the upper tail of the distribution of the predicted HGE probabilities. JEL Classification: C53, D22, L25","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"114 1","pages":"2465 - 2493"},"PeriodicalIF":10.5,"publicationDate":"2022-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88011907","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}
J. Cortina, T. Köhler, Zitong Sheng, Kathleen R Keeler, B. Nielsen, Joseph E. Coombs, D. Ketchen
{"title":"Restricted Variance Interactions in Entrepreneurship Research: A Unique Basis for Context-as-Moderator Hypotheses","authors":"J. Cortina, T. Köhler, Zitong Sheng, Kathleen R Keeler, B. Nielsen, Joseph E. Coombs, D. Ketchen","doi":"10.1177/10422587221121293","DOIUrl":"https://doi.org/10.1177/10422587221121293","url":null,"abstract":"In this methodological brief, we demonstrate the usefulness of the restricted variance (RV) interaction to entrepreneurship research. RV reasoning can help scholars to specify precise roles for contextual moderators. This specificity allows for strengthening of arguments and for testing of one of the reasons for an interaction. In some cases, it points to otherwise unexpected interaction patterns. We illustrate the power of RV reasoning with a data set of 503 biotech firms to show how RV explains geographic differences in the relationship between number of alliances and initial public offering value. Finally, we show how these interactions can be tested given typical distributions.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"1 1","pages":"1995 - 2016"},"PeriodicalIF":10.5,"publicationDate":"2022-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89809990","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":"Crafting and Assessing Design Science Research for Entrepreneurship","authors":"D. Dimov, Markku V. J. Maula, A. Romme","doi":"10.1177/10422587221128271","DOIUrl":"https://doi.org/10.1177/10422587221128271","url":null,"abstract":"Recognizing the importance of various types of artifacts for entrepreneurship, design science (DS) has been proposed as an inclusive approach that combines relevance and rigor. By enabling researchers to go beyond their traditional roles as observers and analysts of established artifacts to help design new artifacts, DS can improve the relevance of entrepreneurship research. However, there is a paucity of knowledge on how this type of research can be published in leading entrepreneurship journals. In this editorial, we seek to provide practical guidance on how to craft and assess DS studies that target Entrepreneurship Theory & Practice (ETP) and other top-tier journals.","PeriodicalId":48443,"journal":{"name":"Entrepreneurship Theory and Practice","volume":"112 1","pages":"1543 - 1567"},"PeriodicalIF":10.5,"publicationDate":"2022-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73702060","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}