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The strategic role of owners in firm growth: Contextualizing ownership competence in private firms 所有者在企业成长中的战略作用：私营企业所有权能力的内涵
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2024-01-18 DOI: 10.1002/sej.1497
Jannis von Nitzsch, Miriam Bird, Ed Saiedi
{"title":"The strategic role of owners in firm growth: Contextualizing ownership competence in private firms","authors":"Jannis von Nitzsch, Miriam Bird, Ed Saiedi","doi":"10.1002/sej.1497","DOIUrl":"https://doi.org/10.1002/sej.1497","url":null,"abstract":"We integrate the emerging literature on the strategic role of firm owners in firms' value creation with Penrosean growth theory to investigate how and under what conditions two experience-based competences among owners—matching competence and governance competence—influence firm growth. Employing a longitudinal sample of 2509 owner-managed German firms, we find a positive relationship between owners' experience-based competences and firm growth. Further, we find that in family firms, the positive relationship between owners' experience-based governance competence and firm growth is weaker and that both experience-based competences matter more in younger firms compared with older firms. Our findings make important contributions to research on strategic ownership and Penrosean growth theory.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":"86 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139510954","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
Fulfilling the process promise in new venture creation research: The ethnography/accelerator approach 在新企业创建研究中实现过程承诺：人种学/加速器方法
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2024-01-03 DOI: 10.1002/sej.1494
Guillaume Dumont
{"title":"Fulfilling the process promise in new venture creation research: The ethnography/accelerator approach","authors":"Guillaume Dumont","doi":"10.1002/sej.1494","DOIUrl":"https://doi.org/10.1002/sej.1494","url":null,"abstract":"Collecting fine-grained, longitudinal data to study new venture creation (NVC) is critical but empirically challenging given the partly invisible, collective, and highly discursive nature of NVC. This article offers the ethnography/accelerator approach as one powerful solution to this problem. This approach theorizes the implications raised by the invisible, collective, and highly discursive nature of NVC as challenges of accessibility, multivocality, and reflexivity. It provides a framework articulating these challenges with key ethnographic insights to advance data collection and theory building, before discussing five implications of this approach for NVC research and providing recommendations and points of caution.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":"41 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139110299","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
Venture governance, CEO duality, and new venture performance 风险企业治理、首席执行官双重性和新企业绩效
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2024-01-02 DOI: 10.1002/sej.1495
Mingxiang Li, Zhi Cao, Siri Terjesen
{"title":"Venture governance, CEO duality, and new venture performance","authors":"Mingxiang Li, Zhi Cao, Siri Terjesen","doi":"10.1002/sej.1495","DOIUrl":"https://doi.org/10.1002/sej.1495","url":null,"abstract":"How a new venture improves performance when facing both principal and agency problems is an important yet understudied question. This study examines the effectiveness of CEO duality in mitigating the principal problem and enhancing entrepreneurial success. By granting more power to CEOs, CEO duality can alleviate the principal problem; however, CEO duality may simultaneously exacerbate CEOs' agency problems. Using manually collected panel data on 1403 newly established U.S. commercial banks, we find a positive relationship between CEO duality and new venture performance. The CEO duality–new venture performance relationship strengthens when CEOs are also founders of their firms and weakens when the share of corporate ownership reflects heavy investment by incumbent firms. Our findings highlight that venture governance needs to address principal and agency problems simultaneously.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":"1 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139110317","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
Strategic leaders' ecosystem vision formation and digital transformation: A motivated interactional lens 战略领导者的生态系统愿景形成与数字化转型：动机互动透镜
IF 6.3 2区 管理学
Strategic Entrepreneurship Journal Pub Date : 2023-12-26 DOI: 10.1002/sej.1493
Emmanuelle Reuter, Steven Floyd
{"title":"Strategic leaders' ecosystem vision formation and digital transformation: A motivated interactional lens","authors":"Emmanuelle Reuter, Steven Floyd","doi":"10.1002/sej.1493","DOIUrl":"https://doi.org/10.1002/sej.1493","url":null,"abstract":"The question of why and how strategic leaders differ in the ecosystems they envision is central to firms' digital transformation. We unpack the cognitive microfoundations of how strategic leaders form their <i>ecosystem vision</i>—a mental model of a firm's multilateral complementarities with its partners to realize a value proposition. Our motivated interactional lens emphasizes the role of strategic leaders' cognitive motivation for shaping four interaction types with (prospective) partners: participatory, selective, collaborative, and reclusive. We theorize how these interactions shape the changes strategic leaders make in their mental models, and thus, to envision different levels and types of complementarities with (prospective) partners in the digital transformation. Our theory illuminates the roles of strategic leaders, their cognitive motivations, and social interactions in firms' ecosystem leadership.","PeriodicalId":51417,"journal":{"name":"Strategic Entrepreneurship Journal","volume":"17 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139061365","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
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":"102 1","pages":""},"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":"109 1","pages":""},"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":"14 1","pages":""},"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":"107 23","pages":""},"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":"107 24","pages":""},"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":"9 1","pages":""},"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
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