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Human capital, institutions, and ambitious entrepreneurship during good times and two crises 顺境和两次危机期间的人力资本、制度和雄心勃勃的创业精神
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-12-14 DOI: 10.1002/sej.1492
Mircea Epure, Victor Martin-Sanchez, Sebastian Aparicio, David Urbano
{"title":"Human capital, institutions, and ambitious entrepreneurship during good times and two crises","authors":"Mircea Epure, Victor Martin-Sanchez, Sebastian Aparicio, David Urbano","doi":"10.1002/sej.1492","DOIUrl":"https://doi.org/10.1002/sej.1492","url":null,"abstract":"We argue that the positive relationship between pro-market institutions and entrepreneurial growth aspirations is dampened for individuals with general human capital (higher education), but augmented for those with specific human capital (experience in the marketplace). However, during a crisis, the differential effect of pro-market institutions on growth aspirations manifests only for entrepreneurs with specific human capital, with stronger effects than in good economic times. We run our empirical analysis on a dataset of individual- and country-level characteristics during 2005–2020, thus exploiting variation from the Global Financial Crisis and the COVID-19 pandemic. We confirm our predictions and show stronger results for early stage (compared to nascent) entrepreneurs, and potential complementarities between human capital types. Altogether, our work paves the way to institutional adaptive policymaking.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138658166","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}
引用次数: 0
Entrepreneurial judgment governance adaptation for digital transformation in established firms 企业判断治理适应成熟企业的数字化转型
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-12-08 DOI: 10.1002/sej.1490
Leonardo Augusto de Vasconcelos Gomes, Alejandra Flechas, Ana Lucia Figueiredo Facin, Felipe Mendes Borini, Bruno Stefani, Lorenna Fernandes Leal
{"title":"Entrepreneurial judgment governance adaptation for digital transformation in established firms","authors":"Leonardo Augusto de Vasconcelos Gomes, Alejandra Flechas, Ana Lucia Figueiredo Facin, Felipe Mendes Borini, Bruno Stefani, Lorenna Fernandes Leal","doi":"10.1002/sej.1490","DOIUrl":"https://doi.org/10.1002/sej.1490","url":null,"abstract":"We contend that entrepreneurial judgment governance (EJG) is a profound yet poorly understood process in which firms sense, seize, and transform opportunities related to digital transformation. Grounded in a rich, multi-case study of six large incumbent firms, we conceptualize and examine how firms change EJG through three phases: recognizing, distributing, and orchestrating. We find that EJG adaptation is at the heart of why some firms succeed in responding to the challenges associated with digital transformation while others fail. Implications and opportunities for future research are discussed.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138565238","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}
引用次数: 0
Asserting and transcending ethnic homophily: How entrepreneurs develop social ties to access resources and opportunities in socially contested environments 坚持和超越种族同亲：企业家如何发展社会关系，在社会竞争环境中获取资源和机会
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-12-08 DOI: 10.1002/sej.1491
Christian Busch, Robert Mudida
{"title":"Asserting and transcending ethnic homophily: How entrepreneurs develop social ties to access resources and opportunities in socially contested environments","authors":"Christian Busch, Robert Mudida","doi":"10.1002/sej.1491","DOIUrl":"https://doi.org/10.1002/sej.1491","url":null,"abstract":"In socially contested settings, it is often difficult to connect with (diverse) others, and it is unclear how entrepreneurs in these contexts may develop the social ties that previous research has shown to be valuable. We studied this subject matter in Kenya, an ethnically fractionalized society that recently experienced the decentralization of government, which required entrepreneurs to deal with both in-group and out-group ethnicities. We conducted an inductive case study of four Nairobi-based companies and captured the creative tactics that they used to <i>transcend</i> ethnic homophily (by defocusing from ethnicity and reframing the in-group) while also <i>asserting</i> ethnic homophily (by signaling tribal affiliation and leveraging others' ethnicity). We contribute to a deeper understanding of how and why entrepreneurs in socially contested settings develop social ties.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138565221","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}
引用次数: 0
Developing theoretical insights in entrepreneurship research 发展创业研究的理论见解
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-11-28 DOI: 10.1002/sej.1486
Shaker A. Zahra, Yong Li, Rajshree Agarwal, Jay B. Barney, Gary Dushnitsky, Melissa E. Graebner, Peter G. Klein, Saras Sarasvathy
{"title":"Developing theoretical insights in entrepreneurship research","authors":"Shaker A. Zahra, Yong Li, Rajshree Agarwal, Jay B. Barney, Gary Dushnitsky, Melissa E. Graebner, Peter G. Klein, Saras Sarasvathy","doi":"10.1002/sej.1486","DOIUrl":"https://doi.org/10.1002/sej.1486","url":null,"abstract":"As the study of entrepreneurship advances, our appreciation for the role of theory in the development of the field has grown. In this paper, we build on our collective experiences to offer a peek into the inner workings of entrepreneurship theorizing, using specific examples to highlight ways of developing theoretical insights for advancing entrepreneurship research. Our journeys suggest an iterative process centered on asking an important and interesting question, challenging prevailing assumptions, understanding context and phenomenon, and developing conceptual models and analyses. We focus on the uniqueness of entrepreneurial phenomena, contexts, and actors as well as the interdisciplinary nature of the field.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138455215","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}
引用次数: 0
Does gendered wording in job advertisements deter women from joining start-ups? A replication and extension of Gaucher, Friesen, and Kay (2011) 招聘广告中的性别措辞是否会阻碍女性加入初创企业?Gaucher, Friesen, and Kay(2011)的复制和扩展
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-11-27 DOI: 10.1002/sej.1489
Mihwa Seong, Simon C. Parker
{"title":"Does gendered wording in job advertisements deter women from joining start-ups? A replication and extension of Gaucher, Friesen, and Kay (2011)","authors":"Mihwa Seong, Simon C. Parker","doi":"10.1002/sej.1489","DOIUrl":"https://doi.org/10.1002/sej.1489","url":null,"abstract":"Gaucher, Friesen, and Kay (2011: “GFK” hereafter) found that women perceive jobs to be less appealing when job adverts use masculine wording—a result they attributed to women's lower evaluations of “belongingness.” As masculine wording is used more often in male-dominated jobs, GFK concluded that gendered wording in job adverts may deter women from entering such jobs. In light of growing general interest in joining new ventures (“start-ups”), we replicate and extend GFK's study to compare start-ups and established firms. Interestingly, we find that GFK's original findings are replicated in the context of start-ups, but not in established firms. We propose and adduce evidence that the unique context of start-ups may prime women to respond especially sensitively to gendered wording, via positive expectancy violation.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138455214","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}
引用次数: 0
CEO entrepreneurial orientation, human resource management systems, and employee innovative behavior: An attention‐based view 首席执行官的创业导向、人力资源管理体系和员工的创新行为：基于注意力的观点
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-11-20 DOI: 10.1002/sej.1488
Yueyue Liu, Meng Xi, William J. Wales
{"title":"CEO entrepreneurial orientation, human resource management systems, and employee innovative behavior: An attention‐based view","authors":"Yueyue Liu, Meng Xi, William J. Wales","doi":"10.1002/sej.1488","DOIUrl":"https://doi.org/10.1002/sej.1488","url":null,"abstract":"Chief executive officer (CEO) entrepreneurial orientation (EO) is an emerging topic within entrepreneurship research. This research offers the attention‐based view (ABV), and its principles of attentional focus, situated attention, and structural distribution of attention to explain how CEO EO fosters an innovative organizational workforce. We theorize that CEO EO predicts lower‐level employee innovative behavior when their top managerial attentional focus on entrepreneurship is translated into high‐performance work practices, which structurally distribute their strategic attention throughout the organization and promotes a situated attentional condition for employees emphasizing innovation. Moreover, we consider (a) human‐resource management (HRM) perceived importance and (b) departmental functional foci as boundary conditions. Using a multi‐level and multi‐source sample from 152 Chinese firms, results support our arguments.Employee innovative behavior is critical to firm growth, renewal, and sustainability. By collecting and analyzing data on 2745 employees nested in 586 departments nested in 152 organizations, we examine the critical role that human resource management (HRM) systems and high‐performance work practices may play in translating a CEOs emphasis on entrepreneurial activity into employee innovative behavior. We offer and observe support for an attention‐based perspective that HRM systems serve as “attentional structures” which channel CEO preferences to lower‐organizational levels. Our results further indicate that an embrace of HRM as a strategic priority among top managers, as well as whether employees are in “boundary spanning” input–output areas of the business, to be meaningful factors which strengthen the effect of HRM‐based attentional structures upon employee innovative behavior.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139256261","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}
引用次数: 0
Same owner, different impact: How responses to performance feedback differ across a private equity investor's portfolio firms 同一个所有者，不同的影响:私募股权投资者投资组合公司对业绩反馈的反应如何不同
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-11-13 DOI: 10.1002/sej.1487
Veroniek Collewaert, Jeroen Neckebrouck, Tom Vanacker, Dries Bourgois, Sophie Manigart
{"title":"Same owner, different impact: How responses to performance feedback differ across a private equity investor's portfolio firms","authors":"Veroniek Collewaert, Jeroen Neckebrouck, Tom Vanacker, Dries Bourgois, Sophie Manigart","doi":"10.1002/sej.1487","DOIUrl":"https://doi.org/10.1002/sej.1487","url":null,"abstract":"Private equity (PE) investors invest in a portfolio of firms, setting new, ambitious performance aspirations and providing monitoring and value-adding services to help management attain these aspirations. Integrating a behavioral theory of the firm and corporate governance perspective, this study investigates how portfolio firms respond to performance feedback, considering heterogeneity in PE investors' incentives and influence toward a given portfolio firm's strategic actions. Using unique data from a PE investor including direct aspirations measures, we find that (1) portfolio firms' performance relative to aspirations, and (2) the PE investor's relative investment amounts and experience of PE-appointed board members, interact to affect the distinct growth strategies (i.e., internal capital investments or external acquisitions) its portfolio firms pursue.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"110423259","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}
引用次数: 0
A legitimacy‐based view of the impact of government venture capital on startup innovation: Evidence from a transition economy 政府风险投资对创业创新影响的合法性视角:来自转型经济的证据
2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-11-05 DOI: 10.1002/sej.1485
Ramakrishna Devarakonda, Aqi Liu
{"title":"A legitimacy‐based view of the impact of government venture capital on startup innovation: Evidence from a transition economy","authors":"Ramakrishna Devarakonda, Aqi Liu","doi":"10.1002/sej.1485","DOIUrl":"https://doi.org/10.1002/sej.1485","url":null,"abstract":"Abstract Research Summary This study examines the role of government venture capital (GVC) on startup innovation in a transition economy context. Drawing on institutional theory, we advance a contextual view of GVC by proposing that GVC positively impacts the innovation of startups in transition economies by serving as a sociocognitive legitimating endorsement. Furthermore, our study offers a contingent framework by showing that GVC endorsement will be more meaningful for startups deficient in organizational sources of legitimacy, such as political ties and social prestige. Regression analyses using a longitudinal data of Chinese venture‐backed biopharma and medical device startups founded during 2002–2017 offer broad support for our theory about the sociocognitive legitimating role of GVC in transition economy contexts. Managerial Summary We explore the role of government venture capital (GVC) in promoting startup innovation within transition economies. In such contexts, where startups often face skepticism and legitimacy issues, our research reveals that GVC can play a crucial role by providing socio‐cognitive legitimacy. Our study suggests that this “state backing” enables transition economy startups to gain the trust of external knowledge resource holders, enhancing their innovation prospects. Our findings emphasize the significance of GVC as a means of active government intervention for fostering startup innovation, especially for startups deficient in other avenues of legitimacy. This insight is valuable for entrepreneurs and policymakers in transition economy contexts.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135726491","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}
引用次数: 0
Upgrading adaptation: How digital transformation promotes organizational resilience 升级适应：数字化转型如何促进组织韧性
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-11-05 DOI: 10.1002/sej.1483
Russell E. Browder, Sean M. Dwyer, Hope Koch
{"title":"Upgrading adaptation: How digital transformation promotes organizational resilience","authors":"Russell E. Browder, Sean M. Dwyer, Hope Koch","doi":"10.1002/sej.1483","DOIUrl":"https://doi.org/10.1002/sej.1483","url":null,"abstract":"This study explores how digital transformation can promote organizational resilience when incumbent firms face crises. We examine the intersection of digital transformation and resilience-seeking processes through two longitudinal case studies of incumbent firms designated as “essential businesses” during the COVID-19 pandemic. We analyze 72 crisis adaptations the firms implemented during the crisis to understand how previously underutilized digital capabilities upgraded each firm's ability to adapt to mitigate stakeholder risks and engage in resilience-seeking rather than advantage- or opportunity-seeking. We identify five digital capabilities—virtual access, virtual collaboration, data-driven decision-making, algorithmic reprogrammability, and assisted decision-making—that arose from technologies acquired to enable digital transformation before the crisis. We discuss the concept of resilience opportunities and contribute to the literatures on digital transformation and organizational resilience.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71474937","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}
引用次数: 0
A sense of risk: Responses to crowdfunding risk disclosures 风险意识：对众筹风险披露的回应
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-11-05 DOI: 10.1002/sej.1480
Prabal Shrestha, James Thewissen, Özgür Arslan-Ayaydin, Annaleena Parhankangas
{"title":"A sense of risk: Responses to crowdfunding risk disclosures","authors":"Prabal Shrestha, James Thewissen, Özgür Arslan-Ayaydin, Annaleena Parhankangas","doi":"10.1002/sej.1480","DOIUrl":"https://doi.org/10.1002/sej.1480","url":null,"abstract":"This paper examines how reward-based crowdfunding backers respond to risk disclosures. Combining theoretical frameworks from financial accounting with the risk perception literature, we adopt an abductive research approach to explore various nuances that influence backers' tolerance for risk information. In addition to identifying the general dynamics in backers' risk interpretation, we highlight the complexities introduced by differences in the disclosure's semantic content, expressed feelings, and the discloser's background attributes. Relying on a hierarchical Bayesian mixture model, we first identify a positive curvilinear relationship between risk information quantity and crowdfunding success. We then demonstrate the influences of <i>what</i> is disclosed, <i>how</i> it is disclosed, and <i>who</i> discloses it, while emphasizing the context-bound specificities of individual project types.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":null,"pages":null},"PeriodicalIF":6.3,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"71474934","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}
引用次数: 0
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