Journal of Small Business and Enterprise Development最新文献

{"title":"Entrepreneurial micro-ecosystem development: the communality of craft breweries","authors":"L. Perry, Nathan A. Woolard","doi":"10.1108/jsbed-10-2022-0439","DOIUrl":"https://doi.org/10.1108/jsbed-10-2022-0439","url":null,"abstract":"PurposeLeveraging the boom of a craft beer renaissance, this paper explores social capital theory through the impact of the craft brewing industry. The exploration addresses entrepreneurial micro-ecosystems that share one commonality – the need for community development and revitalization. North Carolina's deregulation of craft brewing (Pop-the-Cap Initiative, 2005) led to a boom of brewery startups, from 54 in 2010 to more than 380 in 2022.Design/methodology/approachThis qualitative study focuses on 15 brewery founders who have launched ventures within a few years of the Pop-the-Cap Initiative. This included 15% of those breweries launched between 2012 and 2017. Naturalistic Inquiry methodology was utilized, and semi-structured interviews, observations, and artifact analyses were applied to each participant via content analysis and NVivo.FindingsFramed by two contributing entrepreneurial mindset factors (anti-establishment mindset and business-person's burden mindset) and three external entrepreneurial micro-ecosystems conditions (community conditions, doom and boom conditions, and economic conditions), these emergent themes represent the ecosystem contributors (mindsets/conditions) associated with startup success and social value creation in rural and downtrodden urban areas.Research limitations/implicationsThis study facilitated a deep dive into two evolving entrepreneurial micro-ecosystems (rural/urban) through the perspective of brewery startups. It illuminated the actors, conditions, and domains in play. Conceptualizations of “nestedness” (Spigel, 2022) with “microfoundations” (Wurth et al., 2022) integrated to see a specific sector (craft brewing) developing within a sub-ecosystem's capacity to help frame and “understand the co-evolution of agents with entrepreneurial ecosystems” (Cho et al., 2022). Additionally, antecedents to the birth of local economies suggest the value of agents involved in evolution of nascent local economies (Cho et al., 2022). These findings reinforce developing literature while presenting opportunities for future studies.Social implicationsCraft breweries in rural and urban environments represent third places within communities. Third places can be recognized as conduits for developing social capital among individuals, groups, and firms. High levels of social capital positively impact communities. These conditions helped anchor tenants thrive and did not occur accidently. They are intentional value propositions of entrepreneurs and ecosystem conditions.Originality/valueBrewery entrepreneurs were aware of their contribution to social capital value, economic impact (e.g., tax revenue, jobs, space, attraction/destination, etc.), and how these facets interplay as revitalizing anchor tenants (i.e., craft breweries). Insight into how entrepreneurs come to understand and recognize their impact on community through social capital development and the economy can aid in further support ecosystems at the community level.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44339904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"On the role of team passion in inventing, founding and developing: what happens in the early stages of entrepreneurship?","authors":"Sara Maryami, M. Loi, Marcello Martinez, M. C. Di Guardo","doi":"10.1108/jsbed-07-2022-0302","DOIUrl":"https://doi.org/10.1108/jsbed-07-2022-0302","url":null,"abstract":"PurposeDrawing on the Broaden-and-build theory, the study investigates the impact of team entrepreneurial passion (TEP) on team performance. This study further examines the mediating role of team cooperation between TEP and team performance. Thus, by expanding the conceptual model of TEP, the authors examine how three domains of TEP, namely inventing, founding and developing affect the entrepreneurial outcomes in the early stages of entrepreneurship.Design/methodology/approachSurvey data were collected from 29 entrepreneurial teams, and the proposed relationships were assessed through Smart-PLS 3.2.8 structural equation modeling (SEM) tool.FindingsRegarding the domains of TEP, the authors' findings show that the TEP for inventing is positively related to team performance. As for the influences of TEP for inventing and TEP for developing, both are the most beneficial for entrepreneurial outputs, such as team members' abilities to recognize and exploit opportunities.Originality/valueAlthough there is an increased scholars' interest in entrepreneurial passion, there is a lack of research that examines the enabling factors and outcomes of entrepreneurial passion at the team level. This study is among the earliest research studies that not only empirically explores the relationships between TEP and team performance but also illustrates how each domain of TEP uniquely influences entrepreneurial outcomes by extending existing studies on entrepreneurial passion.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46524078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Editorial: Entrepreneurship and the culture of measurement","authors":"P. Murphy","doi":"10.1108/jsbed-06-2023-478","DOIUrl":"https://doi.org/10.1108/jsbed-06-2023-478","url":null,"abstract":"","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43054646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Micro-businesses in the driver's seat: a qualitative study of market-driving practices in the food sector","authors":"Stine Alm Hersleth, A. Gonera, E. Kubberød","doi":"10.1108/jsbed-06-2022-0280","DOIUrl":"https://doi.org/10.1108/jsbed-06-2022-0280","url":null,"abstract":"PurposePrevious research studying larger market-driving businesses argues that successful entrepreneurs intuitively show market-driving capabilities. Even though market-driving is acknowledged as entrepreneurial action and practice, this phenomenon has rarely been studied from a micro-business perspective. Representing more than 40% of all food businesses in Norway, micro-businesses contribute significantly to both value creation and variety in the marketplace, and this study addresses the existing research gap by examining market-driving practices in food micro-businesses in a competitive Norwegian grocery market.Design/methodology/approachThe study employs a multiple-case-study approach with four pioneering food micro-businesses within the Norwegian local food sector. Data collected during in-depth interviews with the individual founder-managers provide insight into understanding market-driving practices through the lens of entrepreneurial orientation.FindingsThe findings suggest that food micro-businesses are disrupting the grocery market through their pioneering practices. A three-pillared framework for market-driving practices in food micro-businesses was developed: (1) taking the risk and following their passion, (2) innovativeness led by a passionate personal value proposition, and (3) proactively and perseveringly building a new category.Originality/valueThe study offers a novel attempt to explore and conceptualize market-driving practices in a micro-business context. The findings present a new framework for market-driving contextualized in the local food sector, representing an under-investigated area in micro-business and enterprise development.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42156285","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Corruption, basic services and entrepreneurial venture performance: the case of informal unit in Cameroon","authors":"Abate Andre Modeste, Novice Patrick Bakehe","doi":"10.1108/jsbed-05-2022-0237","DOIUrl":"https://doi.org/10.1108/jsbed-05-2022-0237","url":null,"abstract":"PurposeThis paper aims to examine the relationship between the payment of bribes, the access to electricity and the productivity of informal production units (IPUs).Design/methodology/approachThe data used for this study come from the second Survey on Employment and Informal Sector conducted in 2010 by the National Institute of Statistics of Cameroon and representative at the national level. The survey was conducted among 3,560 IPUs. Survey participants reported whether they had been personally affected by corruption in the twelve months preceding the survey. Relying on the data of this survey, the recursive trivariate probit model was used to study the correlation between corruption and access to electricity.FindingsThe results reveal that the payment of bribes positively influences IPU access to electricity, and consequently access to this infrastructure has a positive impact on company performance.Research limitations/implicationsA main limitation of this paper is the environment of study in which corruption appeared to be institutionalised. It would therefore be interesting to extend the results obtained by conducting research in other countries and also including other infrastructures such as telecommunications.Practical implicationsThe main contribution of this research is to highlight the effectiveness of the fight against corruption and its impact on the access of some basics resources that affect the performance of certain companies. Indeed, the fight against corruption would be easier if economic actors had access to certain resources and fundamental infrastructures for their activities. Thus, improving the supply of resources and infrastructures can be an important lever in the fight against corruption in Africa.Originality/valueThis research addresses a vulnerable sector vis-à-vis the pressure of the actors involved in the provision of a service essential to the activity of companies. It highlights the justification for accepting the use of corruption. Indeed, entrepreneurs are faced with a dilemma between moral standards on the one hand, and economic imperatives on the other. If corruption is a condition of access to electricity which, in turn, improves performance, it is easy to pay bribes to gain access to electricity.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43861924","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Entrepreneurship as emancipation: a process framework for female entrepreneurs in resource-constrained environments","authors":"Bede Akorige Atarah, Vladi Finotto, E. Nolan, Andre J. van Stel","doi":"10.1108/jsbed-05-2022-0243","DOIUrl":"https://doi.org/10.1108/jsbed-05-2022-0243","url":null,"abstract":"PurposeThe aim of this research is to determine the stages that women in resource-constrained environments go through in order to emancipate themselves through entrepreneurial activities. Based on their fieldwork, the authors develop a process framework of emancipation-through-entrepreneurship.Design/methodology/approachSemi-structured interviews were conducted with 57 female entrepreneurs in two resource-constrained countries in West Africa. Non-participant observations were employed as a secondary data collection technique to provide important sources of information for triangulation.FindingsThis study's findings indicate that the process of female emancipation through entrepreneurship begins with the perception of one's personal motivations, followed by the choice of economic activities, the gathering of various necessary resources, and finally the commencement and running of a venture to bring about the desired emancipation. Various factors, such as family, the external environment, personal qualities and ease of operations, were found to influence the choice of entrepreneurial activities. We also found that human, social, cultural and political capital interact to produce economic capital, a central form of capital for the starting and running of ventures in resource-constrained environments.Originality/valueAlthough extant studies have shown that entrepreneurship can be a vehicle for women to liberate themselves from various constraints, it is as yet unclear which process these women follow to achieve such emancipation. The development of a process framework of emancipation-through-entrepreneurship is the key contribution of this paper. Despite extant research demonstrating that entrepreneurship can assist women in financially limited settings to achieve economic independence, the specific steps these women take in the process remain unclear. Thus, this paper presents a process framework that focuses on women in constrained environments and their journey to emancipation through entrepreneurship.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48783822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Overconfidence among solo entrepreneurs: the role of national culture","authors":"J. Cieślik, E. Nolan, Martha O'Hagan‐Luff, Andre J. van Stel","doi":"10.1108/jsbed-08-2022-0361","DOIUrl":"https://doi.org/10.1108/jsbed-08-2022-0361","url":null,"abstract":"PurposeThis study investigates entrepreneurial overconfidence (EOC) levels among solo entrepreneurs at the country level. Although transitions from solo to employer entrepreneur are relatively rare, the solo self-employed have become an important source of potential job creation by virtue of the sharp increase in their numbers in the past two decades. When EOC levels are too high, job creation ambitions may be unrealistic and unrealised. Unrealised ambitions and business failure can lead not only to psychological and financial costs for the individual entrepreneurs involved, but at the societal level also to wasted government resources, and increased costs for the entrepreneurial ecosystem as a whole. Therefore, it is important to know more about the entrepreneurial overconfidence levels of solo entrepreneurs in different countries and their determinants.Design/methodology/approachUsing Global Entrepreneurship Monitor data for 71 countries over the period 2013–2016, the authors construct a new measure of entrepreneurial overconfidence of solo entrepreneurs and relate this to three recently developed indicators of national culture.FindingsThe findings indicate that EOC levels are positively related to Joy (versus Duty), and negatively related to Trust (versus Distrust). Finally, no significant relationship between entrepreneurial overconfidence and Individualism is found in the study (versus Collectivism).Research limitations/implicationsGiven the lack of literature examining the relationship between EOC levels and cultural variables hypotheses were developed using the existent body of knowledge in the area, which is at the early stage of development. The hypotheses derivation has used mostly theoretical arguments relating to the link between national culture and overconfidence of entrepreneurs in general, rather than relating specifically to solo entrepreneurs. The measure of EOC uses expectations of employment growth to proxy overconfidence, but other measures of entrepreneurial success may also be explored.Practical implicationsAs the hiring of employees can be a costly process (Coad et al., 2017), it is important that entrepreneurs have realistic expectations of what it requires to hire employees. This is especially the case for solo entrepreneurs since they do not have experience of hiring their own employees. This paper addresses such issues at an aggregate level by exploring what factors explain country differences in overconfidence levels of solo entrepreneurs.Social implicationsIt is worthwhile to distinguish between solo and employer entrepreneurs when studying their EOC levels, as the ambitions of these two types of entrepreneurs are different. Empirically, this study introduces a new measure of EOC tailored towards the solo self-employed.Originality/valueThis study contributes to entrepreneurship literature by expanding current knowledge on entrepreneurial overconfidence at the country level. Past research has studied EOC at the indivi","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48427600","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Entrepreneurs' preference for corporate venture capital – The influence of exit strategies and resource requirements","authors":"Stefanie Weniger, Svenja Jarchow, Oleg Nenadić","doi":"10.1108/jsbed-05-2022-0238","DOIUrl":"https://doi.org/10.1108/jsbed-05-2022-0238","url":null,"abstract":"PurposeLiterature on entrepreneurial finance has long overcome the view of an investor as a sole provider of financial capital. Entrepreneurs need to consider more aspects when deciding on an investor. Especially the depiction of corporate venture capital (CVC) investors has long highlighted advantages and disadvantages compared to independent VC (IVC) investors. The authors investigate what drives entrepreneurs' preferences for CVC relative to IVC and thereby focus on two key issues in the entrepreneur's consideration – the role of resource requirements and exit strategies.Design/methodology/approachThe data were collected in an online survey that gathered information on several characteristics of entrepreneurs and their ventures. The resulting data set of 105 German entrepreneurs was analyzed using logistic regression and revealed important drivers for entrepreneurs' investor preferences.FindingsThe study’s findings confirm that the venture's resource needs, specifically the need for marketing resources and access to the corporate network, which play a significant role in the decision on whether a CVC or IVC investor is preferred. Moreover, the analysis debunks the hypothesis that entrepreneurs view a CVC investment as the first step toward acquisition. However, those entrepreneurs striving for an IPO are less likely to prefer CVC.Originality/valueThe study expands the literature on CVC attractiveness and specifically considers the entrepreneurs' intentions and needs. The results confirm but also debunk some widespread perceptions about why entrepreneurs choose to pursue financing from a CVC investor.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43803077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Horizontal network collaboration by entrepreneurial ventures: a supply chain finance perspective","authors":"Alessandra Cozzolino, M. Calabrese, Gerardo Bosco, P. Signori, E. Massaroni","doi":"10.1108/jsbed-08-2022-0341","DOIUrl":"https://doi.org/10.1108/jsbed-08-2022-0341","url":null,"abstract":"PurposeThe present paper aims at understanding how horizontal network collaborations between small and medium enterprises (SMEs) can be designed and implemented to take advantage of a supply chain finance (SCF) perspective.Design/methodology/approachThis study presents an SCF literature background identifying four literature gaps, and in response to them it adopts an action research approach. The empirical analysis is developed on a network-case study: a horizontal collaboration project between small businesses of the Italian wine industry and their supply chains.FindingsSMEs can play an active role in developing – in terms of design and implementation – their collaborative networks by taking advantage of an SCF perspective for themselves, and their customers, based on the reorganization of relationships interface processes. Taking this perspective can be a concrete and crucial way to sustain the development of SMEs and their supply chains in an actual competitive context.Research limitations/implicationsThe paper identifies the theoretical gaps in the literature, suggests new research areas that deserve to be more deeply investigated and connects case-related results to the key concepts. The empirical part presents a real case application that proposes a complete roadmap for managers and practitioners who wish to experience similar projects.Practical implicationsThis network-case study storyline, presenting an overview of ten years of meetings, with related purposes, is suggesting a roadmap for design and implementation of horizontal network as managerial implications. These kinds of active research projects, with a collaborative mixed team of academics and practitioners, and involving a multilayer group of participants, are positive examples for closing the bridge between companies and academia, which enhance this network of small businesses active in trying to improve their competitiveness working together.Originality/valueThe value of the paper is to embrace a supply chain-oriented perspective for an SME, independent of the financial system and based on inventory flow management. Very little literature focuses on inventory-based research within the SCF framework, designed for real implementation in horizontal network collaboration by entrepreneurial ventures.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":" ","pages":""},"PeriodicalIF":4.6,"publicationDate":"2023-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44430542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"What can outliers teach us about entrepreneurial success?","authors":"Martin Ruef, Colin Birkhead, Howard Aldrich","doi":"10.1108/jsbed-01-2023-0004","DOIUrl":"https://doi.org/10.1108/jsbed-01-2023-0004","url":null,"abstract":"Purpose Studies of unicorns and gazelles can offer detailed information about the process of enterprise development but are unrepresentative as examples of entrepreneurial success. In presenting a novel method for outlier analysis, this article combines insights from case studies of unusual organizations with explanatory frameworks that management scholars have applied to broader samples of firms, irrespective of their survival. Design/methodology/approach The authors illustrate the approach to outlier analysis using a prominent case from economic history: the House of Rothschild, founded during the 18th century, which became the most famous investment bank in Europe. Following the iterative refinement of mechanisms using comparison data on Jewish enclave firms, this analysis sheds light on the sources of dissimilarity in outcomes between Rothschild and the comparison group. Findings The study results suggest that the House of Rothschild's longevity can be explained via the mechanisms of risk sequencing, intergenerational transfers and spatial brokerage. The authors show that these mechanisms are not idiosyncratic to one enterprise but instead generalize to other family firms. Originality/value Outlier analysis encourages a rapprochement between case study and large-N research. The high failure rate of new organizations means that those yielding a large amount of information to researchers tend to be exceptional. By obtaining data on a comparison group of startups founded by similar entrepreneurs, analysts can probe the mechanisms of success identified for unicorns or gazelles.","PeriodicalId":51453,"journal":{"name":"Journal of Small Business and Enterprise Development","volume":"349 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136151839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}