Pub Date : 2021-09-02DOI: 10.1080/13215906.2021.1989626
D. H. Haneberg
ABSTRACT Small- and medium-sized enterprises (SMEs) are important to the economy but vulnerable to changes in their environment. A current example of an exogenous shock threatening SMEs globally is the COVID-19 pandemic, and the firms’ responses to the crisis are essential to the prosperity of national economies in the future. The purpose of this paper is therefore to investigate how different antecedent factors may explain SMEs’ responses to COVID-19. This is done through an empirical study of 247 SMEs in Norway and the application of fuzzy-set qualitative comparative analysis (fsQCA), which enables a nuanced evaluation of how complex combinations of several co-existing factors can explain SMEs’ responses to crises. The results demonstrate how three types of crisis responses can be explained by combinations of SMEs’ participation in formal and informal networks, firm characteristics, such as firm size and firm age, and the negative impact of the crisis on the firm.
{"title":"How combinations of network participation, firm age and firm size explain SMEs’ responses to COVID-19","authors":"D. H. Haneberg","doi":"10.1080/13215906.2021.1989626","DOIUrl":"https://doi.org/10.1080/13215906.2021.1989626","url":null,"abstract":"ABSTRACT\u0000 Small- and medium-sized enterprises (SMEs) are important to the economy but vulnerable to changes in their environment. A current example of an exogenous shock threatening SMEs globally is the COVID-19 pandemic, and the firms’ responses to the crisis are essential to the prosperity of national economies in the future. The purpose of this paper is therefore to investigate how different antecedent factors may explain SMEs’ responses to COVID-19. This is done through an empirical study of 247 SMEs in Norway and the application of fuzzy-set qualitative comparative analysis (fsQCA), which enables a nuanced evaluation of how complex combinations of several co-existing factors can explain SMEs’ responses to crises. The results demonstrate how three types of crisis responses can be explained by combinations of SMEs’ participation in formal and informal networks, firm characteristics, such as firm size and firm age, and the negative impact of the crisis on the firm.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"6 1","pages":"229 - 246"},"PeriodicalIF":1.7,"publicationDate":"2021-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88048293","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 : 2021-09-02DOI: 10.1080/13215906.2021.1989624
N. Daskalakis, Efstathios Karpouzis
ABSTRACT This paper explores differences between equity crowdfunding and peer-to-peer (p2p) lending determinants of cross-border activity, from a user’s perspective. We use a unique database of survey respondents, registered in equity crowdfunding and p2p lending platforms across Europe. We find clear differentiations between equity crowdfunding and p2p lending. Equity crowdfunders are driven mainly by excitement while p2p lenders are driven by higher returns. As regards cross-border activity, equity crowdfunders are almost 7 times more likely to invest in foreign projects. Both equity crowdfunders and p2p lenders try to achieve diversification via cross-border activity, following however different strategies. We conclude that these differences should be taken under consideration, while implementing the pan-European regulatory framework for crowdfunding with financial returns (ECSP).
{"title":"Exploring determinants in cross-border activity in equity crowdfunding and peer-to-peer lending, from a user’s perspective","authors":"N. Daskalakis, Efstathios Karpouzis","doi":"10.1080/13215906.2021.1989624","DOIUrl":"https://doi.org/10.1080/13215906.2021.1989624","url":null,"abstract":"ABSTRACT This paper explores differences between equity crowdfunding and peer-to-peer (p2p) lending determinants of cross-border activity, from a user’s perspective. We use a unique database of survey respondents, registered in equity crowdfunding and p2p lending platforms across Europe. We find clear differentiations between equity crowdfunding and p2p lending. Equity crowdfunders are driven mainly by excitement while p2p lenders are driven by higher returns. As regards cross-border activity, equity crowdfunders are almost 7 times more likely to invest in foreign projects. Both equity crowdfunders and p2p lenders try to achieve diversification via cross-border activity, following however different strategies. We conclude that these differences should be taken under consideration, while implementing the pan-European regulatory framework for crowdfunding with financial returns (ECSP).","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"61 1","pages":"293 - 313"},"PeriodicalIF":1.7,"publicationDate":"2021-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84830830","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 : 2021-09-02DOI: 10.1080/13215906.2021.1989627
T. Mazzarol, G. Soutar, T. McKeown, S. Reboud, Sujana Adapa, John P. Rice, D. Clark
ABSTRACT This paper examines the perspectives of employers and employees within nano, micro, small, medium, and large firms in relation to HRM practices. The study draws upon a large sample of respondents from firms of all size categories. An online questionnaire comprising established HRM measures was used to collect the data. A multivariate discriminant analysis procedure was used to identify the interrelationships between the employer and employee groups, across firms by size, and how they viewed the importance of the HRM measures. The study found a strong congruence between employers and employees across most constructs and provides insights into the role firm size plays in the formalization of HRM practices and the relative importance of such factors within SMEs.
{"title":"Employer and employee perspectives of HRM practices within SMEs","authors":"T. Mazzarol, G. Soutar, T. McKeown, S. Reboud, Sujana Adapa, John P. Rice, D. Clark","doi":"10.1080/13215906.2021.1989627","DOIUrl":"https://doi.org/10.1080/13215906.2021.1989627","url":null,"abstract":"ABSTRACT This paper examines the perspectives of employers and employees within nano, micro, small, medium, and large firms in relation to HRM practices. The study draws upon a large sample of respondents from firms of all size categories. An online questionnaire comprising established HRM measures was used to collect the data. A multivariate discriminant analysis procedure was used to identify the interrelationships between the employer and employee groups, across firms by size, and how they viewed the importance of the HRM measures. The study found a strong congruence between employers and employees across most constructs and provides insights into the role firm size plays in the formalization of HRM practices and the relative importance of such factors within SMEs.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"48 1","pages":"247 - 268"},"PeriodicalIF":1.7,"publicationDate":"2021-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76167539","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 : 2021-09-02DOI: 10.1080/13215906.2021.1995031
T. McKeown
{"title":"Pipeline to the future: succession and performance planning for small business","authors":"T. McKeown","doi":"10.1080/13215906.2021.1995031","DOIUrl":"https://doi.org/10.1080/13215906.2021.1995031","url":null,"abstract":"","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"10 1","pages":"404 - 405"},"PeriodicalIF":1.7,"publicationDate":"2021-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78447220","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 : 2021-08-26DOI: 10.1080/13215906.2021.1967776
R. Kamineni
ABSTRACT The principle purpose of this paper is to highlight the importance of employing enactive research as a research method within the context of entrepreneurship studies. A case, for getting involved in the research, is built by presenting the advantage of being an entresearcher (Johannisson, 2018, p. 5) who combines the roles of a researcher and entrepreneur thereby combining scholarship and practice resulting in better understanding of the entrepreneurial process. The secondary purpose is to build on the concepts of phronesis (Flyvbjerg, 2001) within the domain of entrepreneurship by presenting that in the movie industry the long-term impact of practical wisdom propagated by phronesis is pertinent. Therefore, emphasizing that phronesis is essential for an entrepreneur to deal with adverse or favourable circumstances and this knowledge far outweighs the theoretical knowledge and theory that entrepreneur may possess. This qualitative research paper employs the methodology of enactive research. Set in the context of the movie industry, two case studies are presented and phronesis identified from both the case studies is analysed. In this enactive research, the researcher alone was responsible for the enactment of the two ventures illustrated and for both the financial outcome and the scientific outcome. Taking a cue from Gartner et al. (1992) enactment in these two cases was about acting first and thinking second. The researcher in both the cases operated in a possessive as well as an immersive mode by just taking charge and then submitting to the established structure of production as he was new and did not have experience to challenge the status quo. From these two cases is was concluded that in the movie industry phronesis of long-term credibility is essential for continuing the entrepreneurial process. The general context of creative arts industry and the specific context of movie industry has not been explored earlier and the complexity of this industry with the debate between commerce and art challenges the established conventions of research. Therefore insightful research employing an enactive method offers a new perspective. It is pointed out that entrepreneuring is a practice that takes up a phronesis approach of adjusting and adapting to the environment that is constantly changing rather than working with a rigid strategy.
{"title":"Phronesis and enactive research from the movie industry: an exploration of entrepreneuring as practice","authors":"R. Kamineni","doi":"10.1080/13215906.2021.1967776","DOIUrl":"https://doi.org/10.1080/13215906.2021.1967776","url":null,"abstract":"ABSTRACT The principle purpose of this paper is to highlight the importance of employing enactive research as a research method within the context of entrepreneurship studies. A case, for getting involved in the research, is built by presenting the advantage of being an entresearcher (Johannisson, 2018, p. 5) who combines the roles of a researcher and entrepreneur thereby combining scholarship and practice resulting in better understanding of the entrepreneurial process. The secondary purpose is to build on the concepts of phronesis (Flyvbjerg, 2001) within the domain of entrepreneurship by presenting that in the movie industry the long-term impact of practical wisdom propagated by phronesis is pertinent. Therefore, emphasizing that phronesis is essential for an entrepreneur to deal with adverse or favourable circumstances and this knowledge far outweighs the theoretical knowledge and theory that entrepreneur may possess. This qualitative research paper employs the methodology of enactive research. Set in the context of the movie industry, two case studies are presented and phronesis identified from both the case studies is analysed. In this enactive research, the researcher alone was responsible for the enactment of the two ventures illustrated and for both the financial outcome and the scientific outcome. Taking a cue from Gartner et al. (1992) enactment in these two cases was about acting first and thinking second. The researcher in both the cases operated in a possessive as well as an immersive mode by just taking charge and then submitting to the established structure of production as he was new and did not have experience to challenge the status quo. From these two cases is was concluded that in the movie industry phronesis of long-term credibility is essential for continuing the entrepreneurial process. The general context of creative arts industry and the specific context of movie industry has not been explored earlier and the complexity of this industry with the debate between commerce and art challenges the established conventions of research. Therefore insightful research employing an enactive method offers a new perspective. It is pointed out that entrepreneuring is a practice that takes up a phronesis approach of adjusting and adapting to the environment that is constantly changing rather than working with a rigid strategy.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"764 ","pages":"373 - 391"},"PeriodicalIF":1.7,"publicationDate":"2021-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72547425","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 : 2021-08-24DOI: 10.1080/13215906.2021.1967775
Ahmed Agyapong, H. Mensah, S. Akomea
The aims to examine how dimensions of innovation uniquely influence firm performance in the dynamic market environment. The study was conducted with a dataset from 177 Micro and Small Enterprises (MSEs) in Ghana. A Hierarchical Multiple Regression (HMR) technique was used to explore the relationships. Among the three dimensions of Innovation, the study found that, product and technological innovations individually related to performance positively. However, customer service innovation positively and significantly affect performance of MSEs. Focusing on the interaction, the study found that market dynamism positively and significantly moderates the relationship between technological innovation and performance. Moreover, the interaction between customer service innovation and market dynamism was negative and significant. However, the study did not find support for the moderating effect of market dynamism on product innovation-performance nexus. The implication is that, in the context of market dynamism, technological innovation is required by managers of MSEs to attain superior performance.
{"title":"Innovation-performance relationship: the moderating role of market dynamism","authors":"Ahmed Agyapong, H. Mensah, S. Akomea","doi":"10.1080/13215906.2021.1967775","DOIUrl":"https://doi.org/10.1080/13215906.2021.1967775","url":null,"abstract":"The aims to examine how dimensions of innovation uniquely influence firm performance in the dynamic market environment. The study was conducted with a dataset from 177 Micro and Small Enterprises (MSEs) in Ghana. A Hierarchical Multiple Regression (HMR) technique was used to explore the relationships. Among the three dimensions of Innovation, the study found that, product and technological innovations individually related to performance positively. However, customer service innovation positively and significantly affect performance of MSEs. Focusing on the interaction, the study found that market dynamism positively and significantly moderates the relationship between technological innovation and performance. Moreover, the interaction between customer service innovation and market dynamism was negative and significant. However, the study did not find support for the moderating effect of market dynamism on product innovation-performance nexus. The implication is that, in the context of market dynamism, technological innovation is required by managers of MSEs to attain superior performance.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"59 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2021-08-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77151172","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 : 2021-08-15DOI: 10.1080/13215906.2021.1967777
Noel H. Kelly, Felicity Kelliher
ABSTRACT This research explores senior tourism adaptive strategizing capabilities through the lens of micro-firm owner managers. The findings derived from 24 qualitative tourism practitioner interviews demonstrated that senior tourism engagement does not necessitate a profound strategic change of direction or extensive resource reconfiguration. However, the strategic commercialization of this cohort remains under-utilized and findings perpetuated stereotypical assumptions regarding a lack of diversity within the senior market. Owner managers that actively embrace adaptive decision-making capabilities proactively target this market, whereas those with little strategic intent view senior tourism as a generic cohort of questionable commercial value. A thematic map positions the owner manager as a pivotal decision-maker within this strategic milieu and charts the trajectory of market alignment and resource transformation as a means of accessing the silver economy. Its adaptive ethos offers avenues for growth by creating bespoke authentic experiences, geared explicitly towards senior tourists as a heterogeneous cohort.
{"title":"Mining for silver: the role of micro-firm adaptive strategizing capabilities in harnessing senior tourism","authors":"Noel H. Kelly, Felicity Kelliher","doi":"10.1080/13215906.2021.1967777","DOIUrl":"https://doi.org/10.1080/13215906.2021.1967777","url":null,"abstract":"ABSTRACT This research explores senior tourism adaptive strategizing capabilities through the lens of micro-firm owner managers. The findings derived from 24 qualitative tourism practitioner interviews demonstrated that senior tourism engagement does not necessitate a profound strategic change of direction or extensive resource reconfiguration. However, the strategic commercialization of this cohort remains under-utilized and findings perpetuated stereotypical assumptions regarding a lack of diversity within the senior market. Owner managers that actively embrace adaptive decision-making capabilities proactively target this market, whereas those with little strategic intent view senior tourism as a generic cohort of questionable commercial value. A thematic map positions the owner manager as a pivotal decision-maker within this strategic milieu and charts the trajectory of market alignment and resource transformation as a means of accessing the silver economy. Its adaptive ethos offers avenues for growth by creating bespoke authentic experiences, geared explicitly towards senior tourists as a heterogeneous cohort.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"37 1","pages":"36 - 51"},"PeriodicalIF":1.7,"publicationDate":"2021-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91027765","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 : 2021-08-09DOI: 10.1080/13215906.2021.1962397
D. Smith, J. Muldoon
ABSTRACT For the last several years, many institutions of higher learning annually have conducted venture pitch competitions. The competition allows students to experience a taste of entrepreneurship. Quite often, these competitions are performed in parallel with entrepreneurship courses. During the spring of 2020, as the COVID-19 pandemic threat became evident, higher education, much like the rest of society, had to make hard choices and adapt to a threat that wasn’t fully realized at the time. This case introduces the venture pitch at one such institution, known as the Entrepreneurial Challenge (EC). The case further discusses the impact of COVID-19, and the changes, lessons learned, and suggested best practices of the EC.
{"title":"Covid-19 and its impact on venture pitching competitions in higher education: a case study","authors":"D. Smith, J. Muldoon","doi":"10.1080/13215906.2021.1962397","DOIUrl":"https://doi.org/10.1080/13215906.2021.1962397","url":null,"abstract":"ABSTRACT For the last several years, many institutions of higher learning annually have conducted venture pitch competitions. The competition allows students to experience a taste of entrepreneurship. Quite often, these competitions are performed in parallel with entrepreneurship courses. During the spring of 2020, as the COVID-19 pandemic threat became evident, higher education, much like the rest of society, had to make hard choices and adapt to a threat that wasn’t fully realized at the time. This case introduces the venture pitch at one such institution, known as the Entrepreneurial Challenge (EC). The case further discusses the impact of COVID-19, and the changes, lessons learned, and suggested best practices of the EC.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"43 1","pages":"392 - 403"},"PeriodicalIF":1.7,"publicationDate":"2021-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87564044","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 : 2021-08-05DOI: 10.1080/13215906.2021.1962396
Millo Yaja, Anuj Kumar
ABSTRACT In the tourism industry, products and services of destination are synonyms with branding. Marketing works as a bridge that connects the path for a successful business approach, especially for rural tourism firms. However, the nature of community tourism firms’ marketing and their various produces are understudied. The current study aimed to access and understand these gaps. A survey of 355 tourism firms owned and run by the local community was collected through a semi-structured questionnaire from Arunachal Pradesh, Northeast India. The study found that most community tourism firms lack a long-term branding approach and integrated marketing communication. The majority of community tourism firms conceive product/service features by themselves without any external interventions. The implication of this study will be useful in segmenting tourism products and services produced by community tourism firms from general tourism marketing; contribute to industry practitioners and government bodies involving in projects related to rural and community-based tourism.
{"title":"An empirical study of marketing of SMEs in the tourism sector","authors":"Millo Yaja, Anuj Kumar","doi":"10.1080/13215906.2021.1962396","DOIUrl":"https://doi.org/10.1080/13215906.2021.1962396","url":null,"abstract":"ABSTRACT In the tourism industry, products and services of destination are synonyms with branding. Marketing works as a bridge that connects the path for a successful business approach, especially for rural tourism firms. However, the nature of community tourism firms’ marketing and their various produces are understudied. The current study aimed to access and understand these gaps. A survey of 355 tourism firms owned and run by the local community was collected through a semi-structured questionnaire from Arunachal Pradesh, Northeast India. The study found that most community tourism firms lack a long-term branding approach and integrated marketing communication. The majority of community tourism firms conceive product/service features by themselves without any external interventions. The implication of this study will be useful in segmenting tourism products and services produced by community tourism firms from general tourism marketing; contribute to industry practitioners and government bodies involving in projects related to rural and community-based tourism.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"95 1","pages":"314 - 328"},"PeriodicalIF":1.7,"publicationDate":"2021-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78178017","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 : 2021-06-28DOI: 10.1080/13215906.2021.1946131
Isa Nsereko, Waswa Balunywa, D. Ntamu, Joseph Munene, Hamidah Babirye
ABSTRACT The addition of new social entrepreneurial ventures to the economy is vital for economic growth and development. However, little is known about the role of entrepreneurial self-efficacy and personal initiative in creating social ventures that solve social problems at the bottom of the pyramid. This study examines the mediating role of personal initiative on the relationship between entrepreneurial self-efficacy and social entrepreneurial venture creation. With a quantitative methodological approach, hypotheses were statistically tested using structural equation modelling. This study incorporates Personal Initiative Theory and Social Cognitive Theory into an applied theoretical framework that explains the factors that influence social entrepreneurial venture creation. Drawing on a sample of 243 owner managers in Community Based Organisations in Kampala, our results show that personal initiative partially mediates the relationship between entrepreneurial self-efficacy and social entrepreneurial venture creation. The study contributes to social entrepreneurship literature using evidence from Uganda, a developing country in Sub Saharan Africa.
{"title":"Personal initiative, entrepreneurial self-efficacy and social entrepreneurial venture creation","authors":"Isa Nsereko, Waswa Balunywa, D. Ntamu, Joseph Munene, Hamidah Babirye","doi":"10.1080/13215906.2021.1946131","DOIUrl":"https://doi.org/10.1080/13215906.2021.1946131","url":null,"abstract":"ABSTRACT The addition of new social entrepreneurial ventures to the economy is vital for economic growth and development. However, little is known about the role of entrepreneurial self-efficacy and personal initiative in creating social ventures that solve social problems at the bottom of the pyramid. This study examines the mediating role of personal initiative on the relationship between entrepreneurial self-efficacy and social entrepreneurial venture creation. With a quantitative methodological approach, hypotheses were statistically tested using structural equation modelling. This study incorporates Personal Initiative Theory and Social Cognitive Theory into an applied theoretical framework that explains the factors that influence social entrepreneurial venture creation. Drawing on a sample of 243 owner managers in Community Based Organisations in Kampala, our results show that personal initiative partially mediates the relationship between entrepreneurial self-efficacy and social entrepreneurial venture creation. The study contributes to social entrepreneurship literature using evidence from Uganda, a developing country in Sub Saharan Africa.","PeriodicalId":45085,"journal":{"name":"Small Enterprise Research","volume":"237 1","pages":"329 - 349"},"PeriodicalIF":1.7,"publicationDate":"2021-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78539041","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}
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