Pub Date : 2022-05-31DOI: 10.1108/jepp-01-2022-0013
Bryan B. Darden
PurposeThe purpose of this study was twofold. First, the author sought to more fully understand the role of socio-political activity on opportunity recognition among experienced entrepreneurs. Second, the author sought to better understand how socio-political activism, experience, entrepreneurial passion and social entrepreneurial intention are antecedents. Given the importance of entrepreneurship in the developing nations, there must be an understanding of how entrepreneurs recognize opportunities.Design/methodology/approachThis study analyzes how socio-political activism acts as a foundation on which entrepreneurs can recognize opportunity through entrepreneurial passion, experience and intention. The author utilized a survey constructed of a unique combination of existing and well-researched instruments. Entrepreneurs living in Latin America were surveyed through the web-based survey company Prolific(R). Based on an a priori power calculation, the survey was fielded to 305 respondents with a 100% response rate.FindingsThe model suggests that socio-political activism increases experience, entrepreneurial passion and social entrepreneurial intention among entrepreneurs in Latin America. Further, the model indicates that entrepreneurial passion and entrepreneurial experience have partial mediation effects on social entrepreneurial opportunity recognition, while social entrepreneurial intention has full mediation effects on social entrepreneurial opportunity recognition.Practical implicationsThe findings of this model suggest that socio-political activism in the developing context provides a model that shows how political activism plays a crucial role in numerous entrepreneurial aspects. Being active politically, gives entrepreneurs greater passion, experience and intention which in turn leads to greater opportunity recognition and mediates the relationship between socio-political activism and opportunity recognition.Originality/valueThe model presented in this research is original and helps shape the paradigm within social entrepreneurship in the developing context. The model also provides additional antecedents of opportunity recognition which may assist with shaping future research in the developing context and how the role of political activism assists the field's understanding of how entrepreneurs recognize opportunities.
{"title":"Political roots leading to opportunity recognition among Latin American social entrepreneurs","authors":"Bryan B. Darden","doi":"10.1108/jepp-01-2022-0013","DOIUrl":"https://doi.org/10.1108/jepp-01-2022-0013","url":null,"abstract":"PurposeThe purpose of this study was twofold. First, the author sought to more fully understand the role of socio-political activity on opportunity recognition among experienced entrepreneurs. Second, the author sought to better understand how socio-political activism, experience, entrepreneurial passion and social entrepreneurial intention are antecedents. Given the importance of entrepreneurship in the developing nations, there must be an understanding of how entrepreneurs recognize opportunities.Design/methodology/approachThis study analyzes how socio-political activism acts as a foundation on which entrepreneurs can recognize opportunity through entrepreneurial passion, experience and intention. The author utilized a survey constructed of a unique combination of existing and well-researched instruments. Entrepreneurs living in Latin America were surveyed through the web-based survey company Prolific(R). Based on an a priori power calculation, the survey was fielded to 305 respondents with a 100% response rate.FindingsThe model suggests that socio-political activism increases experience, entrepreneurial passion and social entrepreneurial intention among entrepreneurs in Latin America. Further, the model indicates that entrepreneurial passion and entrepreneurial experience have partial mediation effects on social entrepreneurial opportunity recognition, while social entrepreneurial intention has full mediation effects on social entrepreneurial opportunity recognition.Practical implicationsThe findings of this model suggest that socio-political activism in the developing context provides a model that shows how political activism plays a crucial role in numerous entrepreneurial aspects. Being active politically, gives entrepreneurs greater passion, experience and intention which in turn leads to greater opportunity recognition and mediates the relationship between socio-political activism and opportunity recognition.Originality/valueThe model presented in this research is original and helps shape the paradigm within social entrepreneurship in the developing context. The model also provides additional antecedents of opportunity recognition which may assist with shaping future research in the developing context and how the role of political activism assists the field's understanding of how entrepreneurs recognize opportunities.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46079122","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}
Pub Date : 2022-03-08DOI: 10.1108/jepp-02-2022-0028
Victor V. Claar
PurposeRecent analysis suggests entrepreneurship is in decline. If so, some argue that the appropriate policy response is to devote even further government intervention to nurture both fledgling ventures as well as entirely new undertakings, lamenting the fact that much current economic policy caters to already-successful firms – thereby creating a decision-making environment that stacks the deck against would-be entrepreneurs. While it is indeed true that entrepreneurial ventures lead to value creation over time, this paper argues that the answer to any slowdown in entrepreneurship is not to add even more policy Band-Aids to an already broken system of carve-outs, exemptions, subsidies and tax breaks. Instead the solution to bad policy is to unwind bad policy that favors Goliaths over Davids, thereby creating a level playing field for all. Any attempt to use government initiatives to spur entrepreneurship will, over the longer term, only serve to distort the economic outcomes society would have observed as the product of a system of rule-of-law, clearly defined and enforced property rights and freely functioning markets that permit entrepreneurs, investors, consumers and savers to make the most sensible choices available to them.Design/methodology/approachThis essay cites fundamental pieces of existing entrepreneurial research to make its argument.FindingsRather than adding even more policy initiatives to address any slowdown in entrepreneurship, policymakers should aspire to create the most fertile environment possible to foster entrepreneurial activity. Adding more policies on top of existing ones presumes to know which policies are better than others. Even when perceived as neutral, policy incentives cannot improve upon the outcomes of the unseen price system.Originality/valueThis paper reminds readers that entrepreneurship is vital to economic flourishing, while reminding readers that even policy actions presumed to be beneficial likely bear unintended consequences because they bring their own disruptions to the decision-making environment.
{"title":"In search of a fertile entrepreneurial landscape: how to keep it on the level","authors":"Victor V. Claar","doi":"10.1108/jepp-02-2022-0028","DOIUrl":"https://doi.org/10.1108/jepp-02-2022-0028","url":null,"abstract":"PurposeRecent analysis suggests entrepreneurship is in decline. If so, some argue that the appropriate policy response is to devote even further government intervention to nurture both fledgling ventures as well as entirely new undertakings, lamenting the fact that much current economic policy caters to already-successful firms – thereby creating a decision-making environment that stacks the deck against would-be entrepreneurs. While it is indeed true that entrepreneurial ventures lead to value creation over time, this paper argues that the answer to any slowdown in entrepreneurship is not to add even more policy Band-Aids to an already broken system of carve-outs, exemptions, subsidies and tax breaks. Instead the solution to bad policy is to unwind bad policy that favors Goliaths over Davids, thereby creating a level playing field for all. Any attempt to use government initiatives to spur entrepreneurship will, over the longer term, only serve to distort the economic outcomes society would have observed as the product of a system of rule-of-law, clearly defined and enforced property rights and freely functioning markets that permit entrepreneurs, investors, consumers and savers to make the most sensible choices available to them.Design/methodology/approachThis essay cites fundamental pieces of existing entrepreneurial research to make its argument.FindingsRather than adding even more policy initiatives to address any slowdown in entrepreneurship, policymakers should aspire to create the most fertile environment possible to foster entrepreneurial activity. Adding more policies on top of existing ones presumes to know which policies are better than others. Even when perceived as neutral, policy incentives cannot improve upon the outcomes of the unseen price system.Originality/valueThis paper reminds readers that entrepreneurship is vital to economic flourishing, while reminding readers that even policy actions presumed to be beneficial likely bear unintended consequences because they bring their own disruptions to the decision-making environment.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42822597","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}
Pub Date : 2022-02-18DOI: 10.1108/jepp-08-2019-0067
Robert Singh
PurposeThe purpose of this viewpoint paper is to bring attention to the declining rate of entrepreneurship, its effect on the broader economy, the need for public policy solutions and to offer several such solutions. Government intervention is needed to address the stagnation trends discussed throughout the paper. It is up to academic scholars, researchers and think tanks to make government leaders aware of the trends and possible solutions.Design/methodology/approachA literature review was performed and the need to increase entrepreneurship through public policies was discussed.FindingsThe current ten-year economic expansion is suffering from secular stagnation as a result of diminishing new venture creation and slower adoption of technological innovations. Economic policies are heavily tilted toward large, established firms even as new entrepreneurial ventures have greater impact on job creation. The importance of using public policies to spur economic growth through greater opportunity-based entrepreneurship is discussed. Unique tax policy changes are suggested as well as a proposed national business plan competition.Originality/valueThis paper makes a contribution to the entrepreneurship and public policy literature by discussing how the declining rate of entrepreneurship and slower adoption of new technology are related to the relatively tepid pace of economic expansion seen over the last decade in the US. The proposed policies focus on increasing new ventures based on opportunity-based entrepreneurship, and it is hoped that this will help in the development of other policies and spur new lines of research and knowledge that lead to increased economic growth.
{"title":"The need for new public policies to increase entrepreneurship and spur economic growth","authors":"Robert Singh","doi":"10.1108/jepp-08-2019-0067","DOIUrl":"https://doi.org/10.1108/jepp-08-2019-0067","url":null,"abstract":"PurposeThe purpose of this viewpoint paper is to bring attention to the declining rate of entrepreneurship, its effect on the broader economy, the need for public policy solutions and to offer several such solutions. Government intervention is needed to address the stagnation trends discussed throughout the paper. It is up to academic scholars, researchers and think tanks to make government leaders aware of the trends and possible solutions.Design/methodology/approachA literature review was performed and the need to increase entrepreneurship through public policies was discussed.FindingsThe current ten-year economic expansion is suffering from secular stagnation as a result of diminishing new venture creation and slower adoption of technological innovations. Economic policies are heavily tilted toward large, established firms even as new entrepreneurial ventures have greater impact on job creation. The importance of using public policies to spur economic growth through greater opportunity-based entrepreneurship is discussed. Unique tax policy changes are suggested as well as a proposed national business plan competition.Originality/valueThis paper makes a contribution to the entrepreneurship and public policy literature by discussing how the declining rate of entrepreneurship and slower adoption of new technology are related to the relatively tepid pace of economic expansion seen over the last decade in the US. The proposed policies focus on increasing new ventures based on opportunity-based entrepreneurship, and it is hoped that this will help in the development of other policies and spur new lines of research and knowledge that lead to increased economic growth.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":"1 1","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41920648","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}
Pub Date : 2022-02-17DOI: 10.1108/jepp-03-2021-0029
N. Apostolopoulos, P. Liargovas, Pantelis Sklias, I. Makris, Sotiris Apostolopoulos
PurposeThis paper aims to examine whether private healthcare entrepreneurship can flourish and overcome obstacles in cases of a free-access public health system and periods of strict public policies, such as the COVID-19 pandemic. Moreover, the paper aims to illuminate the wider social role of private healthcare entrepreneurship during the COVID-19 pandemic.Design/methodology/approachThis paper adopts a qualitative methodological strategy through 12 in-depth semi-structured interviews with the owners of diagnostic centres located in small Greek towns.FindingsPrivate healthcare entrepreneurship flourished and played a significantly positive social role in the context of a degraded public health sector, which lacked investments for more than ten years and was further depleted by its recent focus on COVID-19 incidents. This paper reveals that although public policies that aimed to deal with COVID-19 produced serious consequences, business activity adapted to the new circumstances.Research limitations/implicationsFuture research can combine the findings of this paper with the views of stakeholders, policymakers and social actors.Originality/valueThis paper's value lies in its efforts to expand our current knowledge regarding the impact of COVID-19 public policies on entrepreneurship.
{"title":"Private healthcare entrepreneurship in a free-access public health system: what was the impact of COVID-19 public policies in Greece?","authors":"N. Apostolopoulos, P. Liargovas, Pantelis Sklias, I. Makris, Sotiris Apostolopoulos","doi":"10.1108/jepp-03-2021-0029","DOIUrl":"https://doi.org/10.1108/jepp-03-2021-0029","url":null,"abstract":"PurposeThis paper aims to examine whether private healthcare entrepreneurship can flourish and overcome obstacles in cases of a free-access public health system and periods of strict public policies, such as the COVID-19 pandemic. Moreover, the paper aims to illuminate the wider social role of private healthcare entrepreneurship during the COVID-19 pandemic.Design/methodology/approachThis paper adopts a qualitative methodological strategy through 12 in-depth semi-structured interviews with the owners of diagnostic centres located in small Greek towns.FindingsPrivate healthcare entrepreneurship flourished and played a significantly positive social role in the context of a degraded public health sector, which lacked investments for more than ten years and was further depleted by its recent focus on COVID-19 incidents. This paper reveals that although public policies that aimed to deal with COVID-19 produced serious consequences, business activity adapted to the new circumstances.Research limitations/implicationsFuture research can combine the findings of this paper with the views of stakeholders, policymakers and social actors.Originality/valueThis paper's value lies in its efforts to expand our current knowledge regarding the impact of COVID-19 public policies on entrepreneurship.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43469163","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}
Pub Date : 2022-02-09DOI: 10.1108/jepp-09-2021-0113
Lucas Pereira de Mello, G. Moraes, B. Fischer
PurposeEntrepreneurship can be understood as a systemic phenomenon, thus relying on sets of influential factors associated with socioeconomic contexts. Institutional conditions play a pivotal role in this regard, affecting the allocation of entrepreneurial efforts. The goal of this research is to verify to what extent do the pillars of Countries' Institutional Profiles – regulatory, cognitive and normative – affect both the prevalence and quality of entrepreneurship, assessing the differences between developing and developed countries both in total entrepreneurial activity and in the following qualitative frames: innovation rate, high job creation expectations and motivational index.Design/methodology/approachThe authors’ assessment uses data from the Global Entrepreneurship Monitor (GEM) with a longitudinal approach for 112 countries over the period 2003–2019. Dynamic panel data regressions are applied.FindingsBy comparing developing and developed countries, findings highlight that institutional effects are heterogeneous among developing and developed countries, with informal institutions being more relevant for developing countries than formal ones. Also, using a broad range of institutional indicators, the authors’ assessment indicated that the association between institutional conditions and productive entrepreneurship seems to be far more intricate than argued by theoretical literature.Practical implicationsThe authors’ findings indicate the need for developing countries to address formal institutional voids in order to generate more effective conditions for productive entrepreneurship to emerge. Following prior literature, this can have systemic impacts on trajectories for economic growth and development.Originality/valueThe originality of this research consists in using a longitudinal and integrative approach to compare institutional effects on different types of entrepreneurship, as well as comparing these effects in countries at different stages of development.
{"title":"The impact of the institutional environment on entrepreneurial activity: an analysis of developing and developed countries","authors":"Lucas Pereira de Mello, G. Moraes, B. Fischer","doi":"10.1108/jepp-09-2021-0113","DOIUrl":"https://doi.org/10.1108/jepp-09-2021-0113","url":null,"abstract":"PurposeEntrepreneurship can be understood as a systemic phenomenon, thus relying on sets of influential factors associated with socioeconomic contexts. Institutional conditions play a pivotal role in this regard, affecting the allocation of entrepreneurial efforts. The goal of this research is to verify to what extent do the pillars of Countries' Institutional Profiles – regulatory, cognitive and normative – affect both the prevalence and quality of entrepreneurship, assessing the differences between developing and developed countries both in total entrepreneurial activity and in the following qualitative frames: innovation rate, high job creation expectations and motivational index.Design/methodology/approachThe authors’ assessment uses data from the Global Entrepreneurship Monitor (GEM) with a longitudinal approach for 112 countries over the period 2003–2019. Dynamic panel data regressions are applied.FindingsBy comparing developing and developed countries, findings highlight that institutional effects are heterogeneous among developing and developed countries, with informal institutions being more relevant for developing countries than formal ones. Also, using a broad range of institutional indicators, the authors’ assessment indicated that the association between institutional conditions and productive entrepreneurship seems to be far more intricate than argued by theoretical literature.Practical implicationsThe authors’ findings indicate the need for developing countries to address formal institutional voids in order to generate more effective conditions for productive entrepreneurship to emerge. Following prior literature, this can have systemic impacts on trajectories for economic growth and development.Originality/valueThe originality of this research consists in using a longitudinal and integrative approach to compare institutional effects on different types of entrepreneurship, as well as comparing these effects in countries at different stages of development.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47669990","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}
Pub Date : 2022-02-01DOI: 10.1108/jepp-08-2021-0105
Joshua K. Bedi, Shaomeng Jia
PurposeThe finding that immigrants are more likely to self-employ than natives has been consistently shown by different researchers. At the same time, many call for the prioritization of high-skilled immigration as they believe low-skilled entrepreneurs are not particularly innovative or high-growth-oriented. The purpose of this study is to critically review and synthesize the current literature on immigrant self-employment, paying particular attention to low-skilled immigrant entrepreneurship and the popular policy recommendation that high-skilled immigrants should be prioritized.Design/methodology/approachThe authors survey the existing literature on immigrant self-employment and discuss recurring data issues, how those issues have or have not been addressed, as well as how these data issues impact the validity of policy recommendations that favor high-skilled immigrants and disfavor low-skilled immigrants. In particular, the authors examine how length of stay in the host country and host country institutions impact immigrant self-employment, especially low-skilled immigrant self-employment. The authors also point out unintended consequences of low-skilled immigration.FindingsThe authors find data issues significantly impact the potential justifications behind calls to favor high-skilled immigrants. In particular, many researchers underestimate the positive impacts of low-skilled immigrant self-employment by not accounting for institutions and length of stay in the host country. The authors conclude with policy recommendations that prioritize high-skilled immigration should be re-examined in light of recurring omitted variable biases within previous studies and evidence of a number of positive unintended consequences associated with low-skilled migration.Originality/valueThe authors review current literature and discuss how important confounding variables, like the number of years an immigrant entrepreneur has lived in a host country and the institutions of a host country, make common policy recommendations suggesting prioritization of high-skilled immigration problematic. The authors also discuss potential solutions to these data issues, ways these issues have been solved already, and possible ways forward. Finally, after considering the literature, the authors offer our own set of policy recommendations.
{"title":"Give me your rested, your wealthy, your educated few? A critical discussion of the current literature on immigrant self-employment","authors":"Joshua K. Bedi, Shaomeng Jia","doi":"10.1108/jepp-08-2021-0105","DOIUrl":"https://doi.org/10.1108/jepp-08-2021-0105","url":null,"abstract":"PurposeThe finding that immigrants are more likely to self-employ than natives has been consistently shown by different researchers. At the same time, many call for the prioritization of high-skilled immigration as they believe low-skilled entrepreneurs are not particularly innovative or high-growth-oriented. The purpose of this study is to critically review and synthesize the current literature on immigrant self-employment, paying particular attention to low-skilled immigrant entrepreneurship and the popular policy recommendation that high-skilled immigrants should be prioritized.Design/methodology/approachThe authors survey the existing literature on immigrant self-employment and discuss recurring data issues, how those issues have or have not been addressed, as well as how these data issues impact the validity of policy recommendations that favor high-skilled immigrants and disfavor low-skilled immigrants. In particular, the authors examine how length of stay in the host country and host country institutions impact immigrant self-employment, especially low-skilled immigrant self-employment. The authors also point out unintended consequences of low-skilled immigration.FindingsThe authors find data issues significantly impact the potential justifications behind calls to favor high-skilled immigrants. In particular, many researchers underestimate the positive impacts of low-skilled immigrant self-employment by not accounting for institutions and length of stay in the host country. The authors conclude with policy recommendations that prioritize high-skilled immigration should be re-examined in light of recurring omitted variable biases within previous studies and evidence of a number of positive unintended consequences associated with low-skilled migration.Originality/valueThe authors review current literature and discuss how important confounding variables, like the number of years an immigrant entrepreneur has lived in a host country and the institutions of a host country, make common policy recommendations suggesting prioritization of high-skilled immigration problematic. The authors also discuss potential solutions to these data issues, ways these issues have been solved already, and possible ways forward. Finally, after considering the literature, the authors offer our own set of policy recommendations.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2022-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44213039","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}
Pub Date : 2021-10-28DOI: 10.1108/jepp-09-2021-121
V. Ratten
{"title":"Guest editorial: COVID-19, entrepreneurship and public policy","authors":"V. Ratten","doi":"10.1108/jepp-09-2021-121","DOIUrl":"https://doi.org/10.1108/jepp-09-2021-121","url":null,"abstract":"","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2021-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43363847","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}
Pub Date : 2021-10-28DOI: 10.1108/jepp-05-2021-0062
D. Andersson, Dieter Bögenhold, Marek Hudík
PurposeThe purpose of this paper is to explore the entrepreneurial and policy consequences of the structural changes associated with postindustrialization.Design/methodology/approachThe approach uses Schumpeterian and institutional theories to predict the consequences of postindustrialization on four types of innovative markets: global mass markets; global niche markets; local mass markets and local niche markets.FindingsThe paper makes two key predictions. First, global mass markets will account for most cost-cutting process innovations. Second, niche markets, whether global or local, will provide the bulk of product innovations. Opportunities for product innovations in niche markets multiply both as the result of a more complex economy and as the result of heterogeneous preferences of consumers with divergent learning trajectories.Social implicationsThe key implication of the theoretical pattern prediction of this paper is that there are increasing opportunities for entrepreneurs to introduce novelties that cater to niche demands, and this includes new lifestyle communities. The increasing diversity of values and preferences implies that one-size-fit-all policies are becoming increasingly inimical to the entrepreneurial discovery of higher-valued resource uses.Originality/valueThis paper takes a standard prediction of entrepreneurial theories – that innovations become more common with an increase in economy-wide product complexity – and extends this to increasing complexity on the consumption side. With increases in opportunities for learning, consumers diverge and develop disparate lifestyles. The resultant super-diversity, which multiplies consumption niches to a much greater extent than what ethnicity-based diversity indices would imply, makes it more difficult to achieve consensus about the desirability of public policies.
{"title":"Entrepreneurship in superdiverse societies and the end of one-size-fits-all policy prescriptions","authors":"D. Andersson, Dieter Bögenhold, Marek Hudík","doi":"10.1108/jepp-05-2021-0062","DOIUrl":"https://doi.org/10.1108/jepp-05-2021-0062","url":null,"abstract":"PurposeThe purpose of this paper is to explore the entrepreneurial and policy consequences of the structural changes associated with postindustrialization.Design/methodology/approachThe approach uses Schumpeterian and institutional theories to predict the consequences of postindustrialization on four types of innovative markets: global mass markets; global niche markets; local mass markets and local niche markets.FindingsThe paper makes two key predictions. First, global mass markets will account for most cost-cutting process innovations. Second, niche markets, whether global or local, will provide the bulk of product innovations. Opportunities for product innovations in niche markets multiply both as the result of a more complex economy and as the result of heterogeneous preferences of consumers with divergent learning trajectories.Social implicationsThe key implication of the theoretical pattern prediction of this paper is that there are increasing opportunities for entrepreneurs to introduce novelties that cater to niche demands, and this includes new lifestyle communities. The increasing diversity of values and preferences implies that one-size-fit-all policies are becoming increasingly inimical to the entrepreneurial discovery of higher-valued resource uses.Originality/valueThis paper takes a standard prediction of entrepreneurial theories – that innovations become more common with an increase in economy-wide product complexity – and extends this to increasing complexity on the consumption side. With increases in opportunities for learning, consumers diverge and develop disparate lifestyles. The resultant super-diversity, which multiplies consumption niches to a much greater extent than what ethnicity-based diversity indices would imply, makes it more difficult to achieve consensus about the desirability of public policies.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2021-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48929524","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}
PurposeThis study aims to distinguish businesses by their degree of complexity and to analyse the influence of complexity on the performance of firms during the coronavirus disease 2019 (COVID-19) pandemic.Design/methodology/approachData were collected from 468 businesses, and various multivariate statistical techniques were used. Initially a factor analysis was conducted, organising variables into five factors. A discriminant analysis, performed with the five factors, allowed discriminating firms based on whether they internationalise or not. A linear regression was performed in order to estimate the contribution of each factor in the business performance.FindingsThe results suggest the existence of additional variables for measuring the complexity. From the factorial analysis it is possible to conclude that business complexity can be explained by size, indebtedness and profitability, internationalisation, number of employees, and age and leverage. Total assets, indebtedness and age are the variables that contribute the most to business performance. On the other hand, indebtedness, internationalisation, age and leverage are the independent variables that most contribute to explain business performance.Originality/valueThis paper presents advances in two ways. First, it proposes measures of complexity (highly debatable in the literature). It also proposes internationalisation as an explanation of complexity. Second, this paper sheds light on businesses decisions to grow, taking into account how complexity may affect performance.
{"title":"Unboxing organisational complexity: how does it affect business performance during the COVID-19 pandemic?","authors":"Jorgina Pereira, Vítor Braga, Aldina Correia, Aidin Salamzadeh","doi":"10.1108/jepp-06-2021-0070","DOIUrl":"https://doi.org/10.1108/jepp-06-2021-0070","url":null,"abstract":"PurposeThis study aims to distinguish businesses by their degree of complexity and to analyse the influence of complexity on the performance of firms during the coronavirus disease 2019 (COVID-19) pandemic.Design/methodology/approachData were collected from 468 businesses, and various multivariate statistical techniques were used. Initially a factor analysis was conducted, organising variables into five factors. A discriminant analysis, performed with the five factors, allowed discriminating firms based on whether they internationalise or not. A linear regression was performed in order to estimate the contribution of each factor in the business performance.FindingsThe results suggest the existence of additional variables for measuring the complexity. From the factorial analysis it is possible to conclude that business complexity can be explained by size, indebtedness and profitability, internationalisation, number of employees, and age and leverage. Total assets, indebtedness and age are the variables that contribute the most to business performance. On the other hand, indebtedness, internationalisation, age and leverage are the independent variables that most contribute to explain business performance.Originality/valueThis paper presents advances in two ways. First, it proposes measures of complexity (highly debatable in the literature). It also proposes internationalisation as an explanation of complexity. Second, this paper sheds light on businesses decisions to grow, taking into account how complexity may affect performance.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":" ","pages":""},"PeriodicalIF":1.9,"publicationDate":"2021-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42454388","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}
Pub Date : 2021-07-26DOI: 10.1108/jepp-05-2021-0060
S. Bok, J. Shum, Jason Harvie, Maria Lee
PurposeDuring the early SARS-CoV-2 (COVID-19) pandemic outbreak, the Center for Disease Control and Prevention (CDC) stated masks “may not protect the wearer, but it may keep the wearer from spreading the virus to others”. Health officials revised mask guidelines to include both the wearer and others, but contradiction became a focal point for online debate and credibility. While revised policies eventually became adopted by the public, there was loss time and lives during this critical stage. This study investigates collectivist messaging on public policy support.Design/methodology/approachCOVID-19 public policy hypocrisy was defined as the gap between supporting community policies while rejecting policies more likely to impact the individual. United States participants (N = 1,605) completed questionnaires. Moderated mediation analysis was conducted using SPSS PROCESS.FindingsThose high on collectivism and high on global personal impact associated with lower COVID-19 public policy hypocrisy. These individuals indicated consistent support for community and individual policies, likely requiring personal sacrifices. Indirect conditional effects of lower conscientiousness associated with higher hypocrisy among those collectivistic.Originality/valueParticipants evaluated preference to original public safety ads, representative of basic societal and individual benefits. Those higher on collectivism preferred societal “we” versus individual “me” public safety ads. Implications discuss benefits of personal and communal public health messaging in an individualistic society so businesses can reopen. Entrepreneurs experienced major economic setbacks that effective public health policies could have mitigated.
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