Journal of Business Venturing最新文献

{"title":"Social entrepreneurship mechanisms for systems change: A structuration approach","authors":"Gorgi Krlev","doi":"10.1016/j.jbusvent.2025.106561","DOIUrl":"10.1016/j.jbusvent.2025.106561","url":null,"abstract":"<div><div>Persistent social and environmental challenges require social entrepreneurs to work towards systems change, which is defined as fundamental shifts in social processes, practices, and structures. However, we do not understand well why some social entrepreneurs achieve systemic changes, while others fail to do so. In particular, we do not know which <em>mechanisms</em> help social entrepreneurs produce systemic transformations in society. This article advocates for harnessing Giddens' structuration theory to improve our understanding. I develop a structuration model of systems change through social entrepreneurship, which shows that <em>connected modalities</em>, that is, intricate combinations of (1) interpretative schemes, (2) resources, and (3) norms, act as the key mechanisms that enable systemic effects. I argue when social entrepreneurs mobilize connected modalities, they can realize high integrativeness, i.e., cover a wide variety of interconnected issues and trigger shifts at different societal levels. Connected modalities also enable high inclusiveness, i.e., unify a wide diversity of stakeholders. Both elements are needed to achieve systems change. I support the model's development with illustrations from research on social entrepreneurship with and without a systemic character. Thereby, I alter how we think about social entrepreneurship and effective ways of supporting it when the aim is to generate systems change.</div></div><div><h3>Executive summary</h3><div>Persistent social and environmental challenges are affecting the world. We tend to assume social entrepreneurs help address them and promote so-called systems change. Systems change means creating fundamental shifts in social processes, practices and structures so that problems are prevented or new kinds of lasting and major solutions surrounding those problems can emerge. Unfortunately, we do not understand well why some social entrepreneurs achieve systemic changes, while others fail to do so.</div><div>Especially, we lack knowledge about which <em>mechanisms</em> help social entrepreneurs produce systemic transformations in society. This article uses Anthony Giddens' structuration theory to develop an explanation. It introduces the theoretical idea of <em>connected modalities</em>. These are close and strong combinations of new (1) ideas, mindsets or imaginations, (2) resources, and (3) norms and values.</div><div>When combining these modalities, that is, different ways of acting within society, social entrepreneurs can realize high <em>integrativeness</em>. This means they can affect several societal fields, industries, or issues at the same time. Combining modalities also helps social entrepreneurs achieve high <em>inclusiveness</em>. This means they can activate and work with many different stakeholders. Both elements are needed to achieve systems change.</div><div>Research about microfinance underpins my arguments. Microfinance achieved systems change not primaril","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 2","pages":"Article 106561"},"PeriodicalIF":8.9,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145657180","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":"Beyond direct impact: Exploring inward FDI’s multifaceted effects on new venture creation","authors":"Lingli Luo ,&nbsp;Junichi Yamanoi ,&nbsp;Xufei Ma ,&nbsp;Linan Lei","doi":"10.1016/j.jbusvent.2025.106562","DOIUrl":"10.1016/j.jbusvent.2025.106562","url":null,"abstract":"<div><div>Research on the impact of inward foreign direct investment (IFDI) on new venture creation has primarily focused on the country level, often yielding inconsistent findings. To reconcile these inconsistencies, we develop a theory on the influence of IFDI stock on new venture creation at the industry-regional level, offering three possible complementary explanations. Drawing on learning and competition theories, we propose that IFDI in a specific industry and region has an inverted U-shaped effect on new venture creation, driven by the dual forces of learning opportunities and competitive threats anticipated by prospective entrepreneurs. Additionally, we found that IFDI in related industries in the focal region and IFDI in the focal industry in adjacent regions positively influence new venture creation. Furthermore, we argue that these effects are amplified in regions with more developed non-state economy. Analyzing data on all registered firms (2013−2023) collected from <em>China National Enterprise Credit Information Publicity System</em> provides robust support for our hypotheses. The findings make important theoretical contributions to research on foreign direct investment and entrepreneurship, as well as to the literature on learning and competition.</div></div>","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 2","pages":"Article 106562"},"PeriodicalIF":8.9,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145732690","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":"Investor heterogeneity and venture performance","authors":"Marwin Mönkemeyer ,&nbsp;Kathrin Rennertseder ,&nbsp;Henning Schröder","doi":"10.1016/j.jbusvent.2025.106524","DOIUrl":"10.1016/j.jbusvent.2025.106524","url":null,"abstract":"<div><div>This study explores the relationship between investor heterogeneity and firms’ post-seed funding performance. We find a statistically and economically significant negative association of investor heterogeneity on both a firm’ s likelihood of obtaining new funding and the amount raised in subsequent funding rounds. These findings suggest that greater heterogeneity among investors may impair board efficacy and weaken the quality of venture governance. Moreover, the marginal effect of investor heterogeneity is non-linear and diminishes over the course of a venture’ s funding lifecycle. Our results remain robust after accounting for endogeneity concerns and alternative measures of investor culture.</div></div>","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106524"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145222001","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":"Entrepreneurship, age, and the lifespan: Taking stock and avenues for future research","authors":"Moren Lévesque ,&nbsp;Ute Stephan ,&nbsp;Teemu Kautonen ,&nbsp;René Bakker","doi":"10.1016/j.jbusvent.2025.106548","DOIUrl":"10.1016/j.jbusvent.2025.106548","url":null,"abstract":"<div><div>Entrepreneurship is deeply shaped by age, influencing who enters, how ventures perform, and whether entrepreneurs persist. Youth offers resilience and innovation yet is constrained by limited resources; midlife combines strong skills and experience with tensions around financial security and competing demands; later life brings accumulated expertise and networks but also ageist barriers. This editorial synthesizes a decade of research and the five articles in this special issue, identifying ten themes that illuminate the age-entrepreneurship relationship. We distill key insights and outline future research avenues, underscoring the wealth of exciting topics and the need for nuanced understanding of entrepreneurship across the lifespan.</div></div>","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106548"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145103900","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":"From algorithmic hallucinations to alien minds: Addressing the ideator's dilemma through entrepreneurial work","authors":"Judy Rady ,&nbsp;David Townsend ,&nbsp;Rick Hunt","doi":"10.1016/j.jbusvent.2025.106550","DOIUrl":"10.1016/j.jbusvent.2025.106550","url":null,"abstract":"&lt;div&gt;&lt;div&gt;In recent years, the rapid adoption of Generative AI tools by entrepreneurs is transforming entrepreneurial ideation processes. Powered by increasingly sophisticated algorithms and massive computing facilities, Gen AI systems are capable of generating extraordinarily creative ideas that often surpass the abilities of human entrepreneurs. Yet, despite these benefits, Gen AI systems also create a series of important epistemic risks for entrepreneurs, most notably: algorithmic hallucinations and ‘alien minds.’ In the near term, the tendency of Gen AI systems to ‘hallucinate’ new ideas that appear plausible but lack a logical or factual basis amplifies the risks that entrepreneurs will invest valuable time, effort, and resources in pursuit of flawed ideas. As the capabilities and intelligence of these systems continue to grow, however, entrepreneurs also face an emerging risk of falsely rejecting breakthrough ideas recommended by ‘alien minds’ they do not understand. For entrepreneurs, the opaque processes through which Gen AI systems generate new ideas create an &lt;em&gt;ideator's dilemma&lt;/em&gt; where entrepreneurs do not know if a Gen AI idea is a true, breakthrough innovation or simply a hallucinated mirage. In this study, we extend emerging theory on entrepreneurial work to examine the complementary roles of two distinct types of judgments – &lt;em&gt;possibility and plausibility judgments&lt;/em&gt; – in enabling entrepreneurs to evaluate Gen AI ideas. Towards this end, we integrate these judgments into a comprehensive Popperian approach to entrepreneurial work, enabling entrepreneurs to more effectively address the inherent epistemic risks associated with using Gen AI in entrepreneurial ideation. In doing so, our study contributes important new insights regarding the fundamental role of entrepreneurial work in addressing the ideator's dilemma in entrepreneurial ideation processes.&lt;/div&gt;&lt;/div&gt;&lt;div&gt;&lt;h3&gt;Executive summary&lt;/h3&gt;&lt;div&gt;Generative AI is fundamentally transforming how entrepreneurs identify and develop new venture opportunities. With 89 % of founders now using at least one AI model and 50 % employing four or more in daily ideation work, these tools have become integral to entrepreneurial innovation. However, this rapid adoption creates unprecedented challenges that demand new frameworks for evaluating AI-generated business concepts.&lt;/div&gt;&lt;div&gt;The democratization of AI tools creates fundamental challenge for entrepreneurs: if every entrepreneur can generate breakthrough ideas at scale, where lies competitive advantage? Our research reveals that judgment – not idea generation – becomes the scarce resource. As ventures pursue increasingly speculative concepts to maintain competitive edge (evidenced by Y Combinator's shift towards deep tech ventures), the ability to efficiently evaluate and actualize AI concepts becomes paramount.&lt;/div&gt;&lt;div&gt;At the same time, these fundamental challenges are amplified by the growing sophistication of the reasoning capa","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106550"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145221999","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":"Revitalising the periphery: How support organisations drive the inclusive evolution of entrepreneurial ecosystems","authors":"Shuai Qin","doi":"10.1016/j.jbusvent.2025.106557","DOIUrl":"10.1016/j.jbusvent.2025.106557","url":null,"abstract":"&lt;div&gt;&lt;div&gt;This study investigates how support organisations for marginalised entrepreneurs (SOMEs), typically peripheral members within entrepreneurial ecosystems (EEs), facilitate the inclusive evolution of EEs. Employing boundary theory and ethnographic research conducted over three years within a refugee entrepreneurship support organisation in Birmingham, UK, this study identifies a four-stage boundary work process: Knowledge brokering, Boundary buffer spacing, Boundary object developing, and Boundary practice institutionalising. These interconnected strategic stages enable SOMEs to reconfigure the knowledge-cognitive, resource-opportunity, and social network exclusionary boundaries of EEs progressively, facilitating EEs' adaptation to marginalised entrepreneurs' diverse needs and pursuits within the overarching growth-orientation of EEs. Theoretically, this study introduces a “periphery-to-centre” model of inclusive evolution, expanding the prevalent centre-driven perspective of EE inclusive evolution, and demonstrates how inclusion could coexist with EE's growth-orientation because of SOMEs' boundary work. The study also unfolds enablers for such effective boundary work, emphasising the effects of SOMEs' dual knowledge capabilities, dual network embeddedness, institutional rhetoric, and the path dependency of evolution.&lt;/div&gt;&lt;/div&gt;&lt;div&gt;&lt;h3&gt;Executive summary&lt;/h3&gt;&lt;div&gt;In entrepreneurial ecosystem (EE) research, an important but overlooked issue is how ecosystems can become more inclusive, allowing entrepreneurs from different backgrounds pursuing varied objectives to obtain the necessary support and resources. However, given that EEs often prioritise innovation and high-growth ventures, their ideologies and structures are hardly responsive to diverse entrepreneurs' distinctive pursuits and needs for support, causing their marginalisation. Despite community-based and non-profit support organisations for marginalised entrepreneurs (SOMEs) emerging to address this situation, their strategies and role in EEs' inclusion evolution remain understudied. Addressing this gap is critical as enhanced inclusion not only advances social equity but also strengthens EEs' resilience and innovation through the integration of diverse entrepreneurs and entrepreneurial activities. Leveraging boundary theory to conceptualise SOME's boundary work and how it affects the exclusionary boundaries (knowledge-cognitive, resource-opportunity, and social network boundaries) of EE, this paper develops a four-stage process model based on a three-year ethnographic study of a refugee entrepreneurship support organisation in Birmingham, UK.&lt;/div&gt;&lt;div&gt;The study conceptualises a “periphery-to-centre” inclusive evolution pathway driven by SOMEs, expanding beyond the dominant “centre-to-periphery” evolutionary perspective prevalent in existing EE literature. SOMEs leverage their distinctive position on the EE's internal periphery to simultaneously understand both marginalised entre","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106557"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145363057","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 “devil” you don't know: A test of the detriments and benefits of co-founding with strangers","authors":"Jason Greenberg ,&nbsp;Ethan Mollick","doi":"10.1016/j.jbusvent.2025.106537","DOIUrl":"10.1016/j.jbusvent.2025.106537","url":null,"abstract":"<div><div>One key to new venture creation and success is getting the “people part” right. Professional investors have a strong preference for funding founding <em>teams</em> of people rather than individuals. This preference is based on the belief that starting a new venture requires a portfolio of experiences, skills, and networks that few individuals possess. Implicit in this thesis is the belief that the benefits of a team outweigh its costs that can accrue with co-founders arising from information asymmetries. Such information asymmetries are greater when founding with strangers given an absence of prior relational experience. Yet, strangers are more likely capable of providing the theorized (unique) value-add of co-founders such as non-redundant networks. Unfortunately, due to data limitations, the literature has not assessed assumptions concerning the pros/cons of co-founding with strangers thereby limiting our ability to get the people part of new ventures “right.” We use unique survey data on more than three thousand new ventures that successfully launched a crowdfunding campaign to assess these assumptions. These survey data include enough teams with strangers and granular measures of team functioning, product/service delivery, and operational status for comprehensive assessments. Results reveal that new ventures including strangers on the team are less likely to deliver the product/service they pitched and are more likely to be non-operational. Direct, descriptive evidence suggests that team-related issues underlie these outcomes.</div></div>","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106537"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145222000","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":"Do entrepreneurs' values make them “Happy”? The role of personal and cultural value for entrepreneurs' wellbeing","authors":"Pierre-Jean Hanard ,&nbsp;Ute Stephan ,&nbsp;Uta K. Bindl","doi":"10.1016/j.jbusvent.2025.106554","DOIUrl":"10.1016/j.jbusvent.2025.106554","url":null,"abstract":"<div><div>Despite increasing attention to entrepreneurs' wellbeing, we know little about the role of entrepreneurs' personal values representing intrinsic and extrinsic motivations for their wellbeing. In this paper, we introduce a contextualized values perspective on entrepreneurs' wellbeing that considers both their personal values and the ways these values interact with cultural values in the regions they operate in. In a multilevel study (3038 entrepreneurs across 143 European regions), we find intrinsic personal values (openness to change) foster positive wellbeing and decrease negative wellbeing, whereas extrinsic personal values (self-enhancement) undermine positive wellbeing and increase negative wellbeing. We also find initial evidence of person–culture congruence effects regarding intrinsic, but not extrinsic, values, with high congruence resulting in higher positive (less negative) wellbeing. Overall, our findings suggest entrepreneurs' wellbeing may be shaped both by “who they are” and “where they operate.”</div></div><div><h3>Executive summary</h3><div>Despite increasing attention to entrepreneurs' wellbeing, we know little about the role of entrepreneurs' personal values representing intrinsic and extrinsic motivations for their wellbeing. On the one hand, acting on any values (reflecting intrinsic or extrinsic motivation) can be a source of wellbeing. On the other hand, expressing values reflecting extrinsic motivation may undermine wellbeing because of the lack of self-determination associated with extrinsic motivation. Clarifying the wellbeing effects of values representing extrinsic motivation is particularly important in entrepreneurship, because these values are linked to growth, profitability, and innovation which underpin the economic contributions of entrepreneurship. Drawing on Schwartz's theories of personal and cultural values and person-culture value congruence, we introduce a contextualized values perspective on entrepreneurs' wellbeing that considers both their personal values and the ways these values interact with cultural values in the regions they operate in. In a multilevel study (3038 entrepreneurs across 143 European regions), we find the personal values central to entrepreneurial activity can be a double-edged sword for the wellbeing of practicing entrepreneurs, highlighting the role of intrinsic (vs. extrinsic) motivation for entrepreneurs' positive and negative wellbeing. We also find initial evidence of person–culture congruence effects regarding intrinsic, but not extrinsic, values, with high congruence resulting in higher positive (less negative) wellbeing. Overall, our findings suggest entrepreneurs' wellbeing may be shaped both by “who they are” and “where they operate.”</div></div>","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106554"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145404594","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":"Schooling and entrepreneurship: Evidence from a regression discontinuity design","authors":"Simon C. Parker","doi":"10.1016/j.jbusvent.2025.106540","DOIUrl":"10.1016/j.jbusvent.2025.106540","url":null,"abstract":"<div><div>Does an additional year of formal education affect the decision to become an entrepreneur? Using human capital theory as a conceptual lens, we explore three channels through which it might: productivity, certification, and health impacts. To test the mechanisms and uncover whether there are causal relationships between these variables, we exploit two exogenous changes to British compulsory schooling laws that generated sharp across-cohort differences in years of education. Using a fuzzy regression discontinuity design, we estimate that the reforms significantly reduced self-employment. We go on to explore which channels best explain this finding, and discuss implications for scholars and policymakers.</div></div>","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106540"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145159577","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":"Say it like you mean it: The effect of cross-channel affective consistency on perceived preparedness and authenticity in funding pitches","authors":"Benjamin J. Warnick ,&nbsp;Thomas H. Allison ,&nbsp;Blakley C. Davis","doi":"10.1016/j.jbusvent.2025.106558","DOIUrl":"10.1016/j.jbusvent.2025.106558","url":null,"abstract":"<div><div>Entrepreneurs' funding pitches are inherently multimodal, conveying affective content through both verbal (words) and vocal (prosodic intonation) channels. Integrating theory of cross-channel consistency with the two-dimensional model of affect, we theorize that funding performance improves when entrepreneurs' verbal and vocal expressions are affectively consistent in terms of valence and arousal, as such consistency enhances perceptions of their preparedness and authenticity. Using a mixed-methods design, we first analyze over 500 crowdfunding pitch videos with computer-aided text and audio analysis to quantify cross-channel affective consistency (CCAC) and assess its impact on funding performance via perceived preparedness and authenticity. Results show that CCAC—particularly in arousal and the joint alignment of valence and arousal—predicts funding performance. While CCAC increased both perceived preparedness and authenticity, only preparedness further predicted funding performance. A complementary inductive study further revealed distinct manifestations of CCAC (i.e., warmth, enthusiasm, seriousness, and sadness) and inconsistency (i.e., monotone, low-arousal delivery, high-arousal delivery, and humor/dramatization). Notably, consistent sadness decreased funding performance, and one form of inconsistency—high-arousal vocal delivery paired with relatively ordinary, low-arousal language—increased funding performance. Overall, this work advances research on entrepreneurial rhetoric by providing a generalizable framework for multimodal affective expression, highlighting the persuasive value of CCAC, and illuminating the mechanisms through which CCAC shapes funding performance.</div></div>","PeriodicalId":51348,"journal":{"name":"Journal of Business Venturing","volume":"41 1","pages":"Article 106558"},"PeriodicalIF":8.9,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145434947","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}