Pub Date : 2023-09-03DOI: 10.1080/00472778.2022.2082454
Daniel R. Clark, M. Tietz, Maya Kumar
ABSTRACT We propose and test a process where potential entrepreneurs (PEs) prioritize a venture idea consideration set using preference-based decision-specific heuristics to assess idea feasibility and desirability. We test our hypotheses through two studies with PEs. The first experiment shows that prioritization occurs, with 113 of 122 PEs voluntarily changing a randomized list of their ideated ventures into a rank-ordered priority list of potential opportunities. Second, we employ a novel “equivocal forced-choice” conjoint design with 250 PEs. We find empirical support that PEs prioritize via relative preferences for experience-based knowledge, strong social ties, and low risk/low reward venture ideas. We contribute to the entrepreneurship literature by theorizing and providing evidence of a prioritization stage for multiple idea sets before evaluation. Further, we demonstrate the influence of individual and social network factors on prioritization and expand our understanding of how PEs conceptualize risk in venturing.
{"title":"Getting to the one: Prioritizing an idea set using preference-based decision-specific heuristics","authors":"Daniel R. Clark, M. Tietz, Maya Kumar","doi":"10.1080/00472778.2022.2082454","DOIUrl":"https://doi.org/10.1080/00472778.2022.2082454","url":null,"abstract":"ABSTRACT We propose and test a process where potential entrepreneurs (PEs) prioritize a venture idea consideration set using preference-based decision-specific heuristics to assess idea feasibility and desirability. We test our hypotheses through two studies with PEs. The first experiment shows that prioritization occurs, with 113 of 122 PEs voluntarily changing a randomized list of their ideated ventures into a rank-ordered priority list of potential opportunities. Second, we employ a novel “equivocal forced-choice” conjoint design with 250 PEs. We find empirical support that PEs prioritize via relative preferences for experience-based knowledge, strong social ties, and low risk/low reward venture ideas. We contribute to the entrepreneurship literature by theorizing and providing evidence of a prioritization stage for multiple idea sets before evaluation. Further, we demonstrate the influence of individual and social network factors on prioritization and expand our understanding of how PEs conceptualize risk in venturing.","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42201602","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 : 2023-08-31DOI: 10.1080/00472778.2023.2246044
E. Piva, P. Rovelli
{"title":"Applicant attraction to new ventures: The combined effects of entrepreneurs’ physical attractiveness and gender","authors":"E. Piva, P. Rovelli","doi":"10.1080/00472778.2023.2246044","DOIUrl":"https://doi.org/10.1080/00472778.2023.2246044","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41795388","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 : 2023-08-31DOI: 10.1080/00472778.2023.2236177
P. Schou, Gilbert Kofi Adarkwah
{"title":"Digital communities of inquiry: How online communities support entrepreneurial opportunity development","authors":"P. Schou, Gilbert Kofi Adarkwah","doi":"10.1080/00472778.2023.2236177","DOIUrl":"https://doi.org/10.1080/00472778.2023.2236177","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41902377","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 : 2023-08-17DOI: 10.1080/00472778.2023.2237290
K. M. Smolka, Thijs Geradts, Peter van der Zwan, A. Rauch
{"title":"Why bother teaching entrepreneurship? A field quasi-experiment on the behavioral outcomes of compulsory entrepreneurship education","authors":"K. M. Smolka, Thijs Geradts, Peter van der Zwan, A. Rauch","doi":"10.1080/00472778.2023.2237290","DOIUrl":"https://doi.org/10.1080/00472778.2023.2237290","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45014095","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 : 2023-08-10DOI: 10.1080/00472778.2023.2238791
T. Berman, D. Stuckler, Daniel Schallmo, S. Kraus
{"title":"Drivers and success factors of digital entrepreneurship: A systematic literature review and future research agenda","authors":"T. Berman, D. Stuckler, Daniel Schallmo, S. Kraus","doi":"10.1080/00472778.2023.2238791","DOIUrl":"https://doi.org/10.1080/00472778.2023.2238791","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42163097","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 : 2023-08-10DOI: 10.1080/00472778.2023.2241128
Dengjun Zhang
This article provides a comprehensive assessment of the impact of corporate environmental responsibility (CER) on financing patterns of working capital and fixed investment. Financing sources include internal funds, equity, different types of debt financing, and government grants. Specifically, this study examines differences in the impacts of CER on financing patterns for smaller and larger firms. Based on a sample of 15,082 firms covering 27 countries, our empirical findings indicate that environmentally responsible activities do not significantly affect financing patterns of working capital but affect the use of internal finance and almost all external sources for capital expenditures. Moreover, the impacts of environmentally responsible activities on capital expenditures vary across financial sources and depend on firm size. The revealed pecking order among financing sources and changes in the debt ratio offer valuable insights into the validity of capital structural theories for smaller and larger eco-friendly firms.
{"title":"Corporate environmental responsibility and financing patterns: Does firm size matter?","authors":"Dengjun Zhang","doi":"10.1080/00472778.2023.2241128","DOIUrl":"https://doi.org/10.1080/00472778.2023.2241128","url":null,"abstract":"This article provides a comprehensive assessment of the impact of corporate environmental responsibility (CER) on financing patterns of working capital and fixed investment. Financing sources include internal funds, equity, different types of debt financing, and government grants. Specifically, this study examines differences in the impacts of CER on financing patterns for smaller and larger firms. Based on a sample of 15,082 firms covering 27 countries, our empirical findings indicate that environmentally responsible activities do not significantly affect financing patterns of working capital but affect the use of internal finance and almost all external sources for capital expenditures. Moreover, the impacts of environmentally responsible activities on capital expenditures vary across financial sources and depend on firm size. The revealed pecking order among financing sources and changes in the debt ratio offer valuable insights into the validity of capital structural theories for smaller and larger eco-friendly firms.","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135552004","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 : 2023-07-26DOI: 10.1080/00472778.2023.2235755
Steven A. Brieger, Deema Sonbol, D. De Clercq
{"title":"Gender differences in entrepreneurs’ work–family conflict and well-being during COVID-19: Moderating effects of gender-egalitarian contexts","authors":"Steven A. Brieger, Deema Sonbol, D. De Clercq","doi":"10.1080/00472778.2023.2235755","DOIUrl":"https://doi.org/10.1080/00472778.2023.2235755","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41694311","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 : 2023-07-17DOI: 10.1080/00472778.2023.2229868
C. Brush, A. Elam
{"title":"Clearing the hurdles: Revisiting the under-performance hypothesis for women-led VC funded firms","authors":"C. Brush, A. Elam","doi":"10.1080/00472778.2023.2229868","DOIUrl":"https://doi.org/10.1080/00472778.2023.2229868","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48199424","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 : 2023-06-12DOI: 10.1080/00472778.2023.2220013
Pankaj C. Patel, M. Wolfe
{"title":"Friends for richer or poorer: Economic connectedness, regional social capital, and county entrepreneurial activity","authors":"Pankaj C. Patel, M. Wolfe","doi":"10.1080/00472778.2023.2220013","DOIUrl":"https://doi.org/10.1080/00472778.2023.2220013","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45367610","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 : 2023-06-08DOI: 10.1080/00472778.2023.2204501
Regan M. Stevenson, S. Mcmahon, Michael P. Ciuchta, C. Letwin
{"title":"More than capital? Transaction costs, trade-offs, and value for small businesses in novel funding transactions","authors":"Regan M. Stevenson, S. Mcmahon, Michael P. Ciuchta, C. Letwin","doi":"10.1080/00472778.2023.2204501","DOIUrl":"https://doi.org/10.1080/00472778.2023.2204501","url":null,"abstract":"","PeriodicalId":48321,"journal":{"name":"Journal of Small Business Management","volume":null,"pages":null},"PeriodicalIF":6.2,"publicationDate":"2023-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46384866","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}
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