Shihao Wei , Zhan Wu , Pekka Stenholm , Zhongfeng Su
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Positive deviance: Income inequality and entrepreneurs' pursuit of innovative entrepreneurship
Drawing on anomie theory, this study examines the impact of income inequality on entrepreneurs' pursuit of innovative entrepreneurship and how this impact varies according to entrepreneurs' financial capital, government size, and governance quality. Utilizing a sample of 56,281 observations across 55 countries, this study finds that income inequality has a positive effect on entrepreneurs' pursuit of innovative entrepreneurship, and this effect is mitigated by government size and governance quality. Moreover, the positive effect of income inequality on innovative entrepreneurship is greater for entrepreneurs in the middle-income class than those in lower- and higher-income brackets. This study extends the implications of income inequality to innovative entrepreneurship and advances our knowledge of the boundary conditions of this relationship. Moreover, it contributes to the comparative international entrepreneurship literature by clarifying the crucial role of income inequality in explaining variations in innovative entrepreneurship across countries.
期刊介绍:
The Journal of International Management is devoted to advancing an understanding of issues in the management of global enterprises, global management theory, and practice; and providing theoretical and managerial implications useful for the further development of research. It is designed to serve an audience of academic researchers and educators, as well as business professionals, by publishing both theoretical and empirical research relating to international management and strategy issues. JIM publishes theoretical and empirical research addressing international business strategy, comparative and cross-cultural management, risk management, organizational behavior, and human resource management, among others.