Pub Date : 2022-11-30DOI: 10.14365/ibj.2022.33.4.2
T. Kwon, Chenyang Liu
{"title":"RMB Exchange Rate Changes and Korean Firms Foreign Exchange Rate Exposure","authors":"T. Kwon, Chenyang Liu","doi":"10.14365/ibj.2022.33.4.2","DOIUrl":"https://doi.org/10.14365/ibj.2022.33.4.2","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"96 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74168228","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-30DOI: 10.14365/ibj.2022.33.4.4
Z. Kim, C. Kim
{"title":"A Study on the Effects of Foreign Direct Investments or Activities of Multinational Enterprises on Global Value Chain Participation","authors":"Z. Kim, C. Kim","doi":"10.14365/ibj.2022.33.4.4","DOIUrl":"https://doi.org/10.14365/ibj.2022.33.4.4","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"120 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77168913","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-30DOI: 10.14365/ibj.2022.33.4.3
Hyosung Cho, Eunmi Kim
{"title":"기업가 지향성과 수출 성과 간의 관계: 흡수 역량의 조절 효과를 중심으로","authors":"Hyosung Cho, Eunmi Kim","doi":"10.14365/ibj.2022.33.4.3","DOIUrl":"https://doi.org/10.14365/ibj.2022.33.4.3","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"30 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76145605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-11-14DOI: 10.1177/02662426221128464
Caroline Essers, B. I. Van der Heijden, Luke Fletcher, R. Pijpers
This article illustrates how lesbian, gay, bisexual and trans (LGBT) entrepreneurs engage in identity construction from an intersectionality perspective. Our empirical findings suggest that the sexual identities of our interviewees are essential aspects of their daily business lives in terms of their entrepreneurial identities and their motivations, key success factors and the barriers they face. By analysing their experiences from an intersectionality perspective, we illustrate how the sexual minority entrepreneurs in our study internalise and respond to dominant societal ideas characterising ‘the entrepreneur’ as masculine, heterosexual and male, vis-à-vis ‘the homosexual’, constructed as feminine, weak and different. We discuss two predominant manifestations of their responses to these contextual forces, portrayed in their identities as entrepreneurs and sexual minorities simultaneously and the ways these identities are experienced. Our study contributes to the literature on minority entrepreneurship, specifically the LGBT entrepreneurship literature, and on intersectionality and career sustainability, focusing on how LGBT entrepreneurs conduct entrepreneurship at the intersection of their sexuality and gender.
{"title":"It’s all about identity: The identity constructions of LGBT entrepreneurs from an intersectionality perspective","authors":"Caroline Essers, B. I. Van der Heijden, Luke Fletcher, R. Pijpers","doi":"10.1177/02662426221128464","DOIUrl":"https://doi.org/10.1177/02662426221128464","url":null,"abstract":"This article illustrates how lesbian, gay, bisexual and trans (LGBT) entrepreneurs engage in identity construction from an intersectionality perspective. Our empirical findings suggest that the sexual identities of our interviewees are essential aspects of their daily business lives in terms of their entrepreneurial identities and their motivations, key success factors and the barriers they face. By analysing their experiences from an intersectionality perspective, we illustrate how the sexual minority entrepreneurs in our study internalise and respond to dominant societal ideas characterising ‘the entrepreneur’ as masculine, heterosexual and male, vis-à-vis ‘the homosexual’, constructed as feminine, weak and different. We discuss two predominant manifestations of their responses to these contextual forces, portrayed in their identities as entrepreneurs and sexual minorities simultaneously and the ways these identities are experienced. Our study contributes to the literature on minority entrepreneurship, specifically the LGBT entrepreneurship literature, and on intersectionality and career sustainability, focusing on how LGBT entrepreneurs conduct entrepreneurship at the intersection of their sexuality and gender.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"41 1","pages":"774 - 795"},"PeriodicalIF":7.1,"publicationDate":"2022-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44115928","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-31DOI: 10.1177/02662426221129157
U. Hyrkkänen, Outi Vanharanta, H. Kuusisto, K. Polvinen, M. Vartiainen
This article extends the discussion of the predictors of job crafting to include small- and medium-sized enterprises (SMEs) working in an information and communication technologies (ICT)-based mobile and multilocational manner. Based on a survey ( N = 412) conducted in 43 Finnish SMEs, the job and personal resources-related predictors of approach and avoidance types of job crafting were analysed. From job resources, co-working, multilocality, the resources in the physical work environment, useful ICT and social support predicted the approach types of job crafting. Intrinsic motivation, relatedness and feeling competent as personal resources activated the approach types of job crafting. Drawing on background variables, being a younger firm activated job crafting. Avoidance type of job crafting was predicted positively by the resources in the physical work environment. This article suggests that knowledge about the predictors of job crafting encourages SMEs to activate this practice among its personnel.
{"title":"Predictors of job crafting in SMEs working in an ICT-based mobile and multilocational manner","authors":"U. Hyrkkänen, Outi Vanharanta, H. Kuusisto, K. Polvinen, M. Vartiainen","doi":"10.1177/02662426221129157","DOIUrl":"https://doi.org/10.1177/02662426221129157","url":null,"abstract":"This article extends the discussion of the predictors of job crafting to include small- and medium-sized enterprises (SMEs) working in an information and communication technologies (ICT)-based mobile and multilocational manner. Based on a survey ( N = 412) conducted in 43 Finnish SMEs, the job and personal resources-related predictors of approach and avoidance types of job crafting were analysed. From job resources, co-working, multilocality, the resources in the physical work environment, useful ICT and social support predicted the approach types of job crafting. Intrinsic motivation, relatedness and feeling competent as personal resources activated the approach types of job crafting. Drawing on background variables, being a younger firm activated job crafting. Avoidance type of job crafting was predicted positively by the resources in the physical work environment. This article suggests that knowledge about the predictors of job crafting encourages SMEs to activate this practice among its personnel.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"13 1","pages":""},"PeriodicalIF":7.1,"publicationDate":"2022-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78515465","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-20DOI: 10.1177/02662426221127412
P. Capolupo, L. Ardito, Antonio Messeni Petruzzelli, Alfredo De Massis
What makes some families more entrepreneurial than others? How are they able to nurture entrepreneurship across generations? These are fundamental questions for family business and entrepreneurship research. In particular, the multigenerational dimension of entrepreneurial families (EFs) and the new family logics that emerge as the family grows may lead to different types of entrepreneurial activities. To shed light on these questions, we conduct a systematic literature review of 90 peer-reviewed articles focusing on the characteristics and behaviours of EFs, family members and their business activities. Specifically, we first identify and categorise the family-related factors characterising EFs across generations. Second, we link the identified factors to different types of entrepreneurial activities pursued as the generations advance, distinguishing two dimensions: mode of organising (internal vs. external), and degree of relatedness (related vs. unrelated). Finally, we highlight the main gaps in the literature and provide a future research agenda.
{"title":"Opening up the black box of family entrepreneurship across generations: A systematic literature review","authors":"P. Capolupo, L. Ardito, Antonio Messeni Petruzzelli, Alfredo De Massis","doi":"10.1177/02662426221127412","DOIUrl":"https://doi.org/10.1177/02662426221127412","url":null,"abstract":"What makes some families more entrepreneurial than others? How are they able to nurture entrepreneurship across generations? These are fundamental questions for family business and entrepreneurship research. In particular, the multigenerational dimension of entrepreneurial families (EFs) and the new family logics that emerge as the family grows may lead to different types of entrepreneurial activities. To shed light on these questions, we conduct a systematic literature review of 90 peer-reviewed articles focusing on the characteristics and behaviours of EFs, family members and their business activities. Specifically, we first identify and categorise the family-related factors characterising EFs across generations. Second, we link the identified factors to different types of entrepreneurial activities pursued as the generations advance, distinguishing two dimensions: mode of organising (internal vs. external), and degree of relatedness (related vs. unrelated). Finally, we highlight the main gaps in the literature and provide a future research agenda.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"41 1","pages":"734 - 773"},"PeriodicalIF":7.1,"publicationDate":"2022-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44401593","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-10DOI: 10.1177/02662426221124733
M. Cowling, O. Dvouletý
In 2012, the UK government made the decision to offer loans to new entrepreneurs who were excluded from the credit market through the start-up loan (SUL) scheme. By 2021, loans totalling £759 million have been issued to 85,809 new start-ups. A disproportionate share of these SULs was issued to previously unemployed people to support their transition into self-employment. This paper questions whether those who started with the fewest resources achieved better or worse outcomes than those who started from a more beneficial position. Our findings show that previously unemployed start-ups had smaller loans and that they had a higher default hazard on their loans than entrants from waged employment, but more educated and older unemployed entrants survived longer. More generally, SULs to unemployed start-ups were cost-effective for the government in a loan portfolio sense, but once the benefits of supported entry into self-employment were fully accounted for, the overall contribution was very positive. This highlights the potential more comprehensive societal benefits of removing capital constraints by supporting the transition from unemployment to self-employment. Furthermore, we propose testing the effect of replacement start-up subsidies by soft loans in those countries, offering only direct grants, to increase the efficiency of public financial resources.
{"title":"UK government-backed start-up loans: Tackling disadvantage and credit rationing of new entrepreneurs","authors":"M. Cowling, O. Dvouletý","doi":"10.1177/02662426221124733","DOIUrl":"https://doi.org/10.1177/02662426221124733","url":null,"abstract":"In 2012, the UK government made the decision to offer loans to new entrepreneurs who were excluded from the credit market through the start-up loan (SUL) scheme. By 2021, loans totalling £759 million have been issued to 85,809 new start-ups. A disproportionate share of these SULs was issued to previously unemployed people to support their transition into self-employment. This paper questions whether those who started with the fewest resources achieved better or worse outcomes than those who started from a more beneficial position. Our findings show that previously unemployed start-ups had smaller loans and that they had a higher default hazard on their loans than entrants from waged employment, but more educated and older unemployed entrants survived longer. More generally, SULs to unemployed start-ups were cost-effective for the government in a loan portfolio sense, but once the benefits of supported entry into self-employment were fully accounted for, the overall contribution was very positive. This highlights the potential more comprehensive societal benefits of removing capital constraints by supporting the transition from unemployment to self-employment. Furthermore, we propose testing the effect of replacement start-up subsidies by soft loans in those countries, offering only direct grants, to increase the efficiency of public financial resources.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"41 1","pages":"714 - 733"},"PeriodicalIF":7.1,"publicationDate":"2022-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41520768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-10-09DOI: 10.1177/02662426221110149
Craig Lee
{"title":"Book review: Tourism Entrepreneurship in Portugal and Spain: Competitive landscapes and innovative business models","authors":"Craig Lee","doi":"10.1177/02662426221110149","DOIUrl":"https://doi.org/10.1177/02662426221110149","url":null,"abstract":"","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"5 1","pages":"233 - 235"},"PeriodicalIF":7.1,"publicationDate":"2022-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88929282","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-09-09DOI: 10.1177/02662426221122845
Jing A. Zhang, T. Bai, Conor O’Kane
Drawing on resource dependency theory and the resource-absorbing perspective of risk-taking, this article examines how political connections provide firms with opportunities to gain government funding support to enhance financial slack, which can in turn benefit their entrepreneurial risk-taking. We employ both symmetrical (partial least squares structural equation modelling (PLS-SEM)) and configurational approaches (fuzzy-set qualitative comparative analysis (fsQCA)) using a sample of 202 small and medium-sized enterprises (SMEs) in China. Our results from PLS-SEM suggest government financial funding support and financial slack play sequential mediating roles in the relationship between political connections and entrepreneurial risk-taking. The results of fsQCA further highlight the importance of political connections and financial slack as core conditions for entrepreneurial risk-taking and uncover the multiple pathways through which political connections influence entrepreneurial risk-taking. These findings advance our understanding of how entrepreneurial risk-taking in SMEs may require configurations of different resources.
{"title":"How political connections affect entrepreneurial risk-taking in SMEs: A symmetric assessment and a configurational approach","authors":"Jing A. Zhang, T. Bai, Conor O’Kane","doi":"10.1177/02662426221122845","DOIUrl":"https://doi.org/10.1177/02662426221122845","url":null,"abstract":"Drawing on resource dependency theory and the resource-absorbing perspective of risk-taking, this article examines how political connections provide firms with opportunities to gain government funding support to enhance financial slack, which can in turn benefit their entrepreneurial risk-taking. We employ both symmetrical (partial least squares structural equation modelling (PLS-SEM)) and configurational approaches (fuzzy-set qualitative comparative analysis (fsQCA)) using a sample of 202 small and medium-sized enterprises (SMEs) in China. Our results from PLS-SEM suggest government financial funding support and financial slack play sequential mediating roles in the relationship between political connections and entrepreneurial risk-taking. The results of fsQCA further highlight the importance of political connections and financial slack as core conditions for entrepreneurial risk-taking and uncover the multiple pathways through which political connections influence entrepreneurial risk-taking. These findings advance our understanding of how entrepreneurial risk-taking in SMEs may require configurations of different resources.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"41 1","pages":"685 - 713"},"PeriodicalIF":7.1,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46470663","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-09-01DOI: 10.1177/02662426221102859
T. Minola, Massimo Bau’, M. Brumana, Alfredo De Massis
High-growth firms contribute disproportionately to the creation of employment, wealth and economic development on a global basis. Yet, knowledge of the circumstances under which such growth patterns occur is limited, and the findings with regard to small and medium sized enterprises (SMEs) are inconclusive. Adopting the behavioural agency model, we analyse the effect of family control and related nuances (i.e. degree of family ownership and presence of a family chief executive officer (CEO)) on SME growth. Furthermore, we argue that the type of slack resources and their availability are a crucial organisational contingency when investigating high growth in SMEs. Using a sample of 39,631 European SMEs over a 13-year period, we find that family firms are less likely to achieve high growth compared to non-family firms; having a family CEO further reduces this likelihood. Instead, at higher (vs lower) levels of family ownership, the probability of family firms achieving high growth increases. Furthermore, the availability of high- and low-discretion slack resources influences these relationships. Our study advances current understanding of high growth in general, and family firms in particular.
{"title":"Under which circumstances do family SMES achieve high growth? A behavioural perspective","authors":"T. Minola, Massimo Bau’, M. Brumana, Alfredo De Massis","doi":"10.1177/02662426221102859","DOIUrl":"https://doi.org/10.1177/02662426221102859","url":null,"abstract":"High-growth firms contribute disproportionately to the creation of employment, wealth and economic development on a global basis. Yet, knowledge of the circumstances under which such growth patterns occur is limited, and the findings with regard to small and medium sized enterprises (SMEs) are inconclusive. Adopting the behavioural agency model, we analyse the effect of family control and related nuances (i.e. degree of family ownership and presence of a family chief executive officer (CEO)) on SME growth. Furthermore, we argue that the type of slack resources and their availability are a crucial organisational contingency when investigating high growth in SMEs. Using a sample of 39,631 European SMEs over a 13-year period, we find that family firms are less likely to achieve high growth compared to non-family firms; having a family CEO further reduces this likelihood. Instead, at higher (vs lower) levels of family ownership, the probability of family firms achieving high growth increases. Furthermore, the availability of high- and low-discretion slack resources influences these relationships. Our study advances current understanding of high growth in general, and family firms in particular.","PeriodicalId":48210,"journal":{"name":"International Small Business Journal-Researching Entrepreneurship","volume":"18 1","pages":"768 - 798"},"PeriodicalIF":7.1,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79023680","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}