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Hidden stories and the dark side of entrepreneurial commitment 隐藏的故事和创业承诺的阴暗面
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-05-03 DOI: 10.1108/ijebr-03-2023-0248
Laetitia Gabay-Mariani, Bob Bastian, Andrea Caputo, Nikolaos Pappas

Purpose

Entrepreneurs are generally considered to be committed in order to strive for highly desirable goals, such as growth or commercial success. However, commitment is a multidimensional concept and may have asymmetric relationships with positive or negative entrepreneurial outcomes. This paper aims to provide a nuanced perspective to show under what conditions commitment may be detrimental for entrepreneurs and lead to overinvestment.

Design/methodology/approach

Using a sample of entrepreneurs from incubators in France (N = 437), this study employs a configurational perspective, fuzzy-set qualitative comparative analysis (fsQCA), to identify which commitment profiles lead entrepreneurs to overinvest different resources in their entrepreneurial projects.

Findings

The paper exposes combinations of conditions that lead to overinvestment and identifies five different commitment profiles: an “Affective profile”, a “Project committed profile”, a “Profession committed profile”, an “Instrumental profile”, and an “Affective project profile”.

Originality/value

The results show that affective commitment is a necessary condition for entrepreneurs to conduct overinvesting behaviors. This complements previous linear research on the interdependence between affect and commitment in fostering detrimental outcomes for nascent entrepreneurs.

目的创业者通常被认为要致力于实现非常理想的目标,如增长或商业成功。然而,承诺是一个多维概念,可能与积极或消极的创业结果有着不对称的关系。本文旨在提供一个细致入微的视角,说明在什么条件下承诺可能对创业者不利,并导致过度投资。设计/方法/途径本研究以法国孵化器的创业者为样本(N = 437),采用配置视角--模糊集定性比较分析(fsQCA)--来识别哪些承诺特征会导致创业者在其创业项目中过度投入不同的资源。结果本文揭示了导致过度投资的条件组合,并确定了五种不同的承诺特征:"情感特征"、"项目承诺特征"、"职业承诺特征"、"工具特征 "和 "情感项目特征"。这补充了之前关于情感与承诺之间相互依存的线性研究的不足,因为情感与承诺之间的相互依存会对新生企业家产生不利影响。
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引用次数: 0
Pursuing entrepreneurial opportunities is not a choice: the interplay between gender norms, contextual embeddedness, and (in)equality mechanisms in entrepreneurial contexts 追求创业机会不是一种选择:创业环境中性别规范、环境嵌入性和(不)平等机制之间的相互作用
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-24 DOI: 10.1108/ijebr-12-2022-1139
Saskia Stoker, Sue Rossano-Rivero, Sarah Davis, Ingrid Wakkee, Iulia Stroila

Purpose

All entrepreneurs interact simultaneously with multiple entrepreneurial contexts throughout their entrepreneurial journey. This conceptual paper has two central aims: (1) it synthesises the current literature on gender and entrepreneurship, and (2) it increases our understanding of how gender norms, contextual embeddedness and (in)equality mechanisms interact within contexts. Illustrative contexts that are discussed include entrepreneurship education, business networks and finance.

Design/methodology/approach

This conceptual paper draws upon extant literature to develop its proposed conceptual framework. It provides suggestions for systemic policy interventions as well as pointing to promising paths for future research.

Findings

A literature-generated conceptual framework is developed to explain and address the systemic barriers faced by opportunity-driven women as they engage in entrepreneurial contexts. This conceptual framework visualises the interplay between gender norms, contextual embeddedness and inequality mechanisms to explain systemic disparities. An extra dimension is integrated in the framework to account for the power of agency within women and with others, whereby agency, either individually or collectively, may disrupt and subvert the current interplay with inequality mechanisms.

Originality/value

This work advances understanding of the underrepresentation of women entrepreneurs. The paper offers a conceptual framework that provides policymakers with a useful tool to understand how to intervene and increase contextual embeddedness for all entrepreneurs. Additionally, this paper suggests moving beyond “fixing” women entrepreneurs and points towards disrupting systemic disparities to accomplish this contextual embeddedness for all entrepreneurs. By doing so, this research adds to academic knowledge on the construction and reconstruction of gender in the field of entrepreneurship.

目的所有创业者在整个创业过程中都会同时与多种创业环境发生互动。这篇概念性论文有两个核心目标:(1) 综述当前有关性别与创业的文献;(2) 增进我们对性别规范、情境嵌入性和(不)平等机制如何在情境中相互作用的理解。本文讨论的示例环境包括创业教育、商业网络和金融。研究结果 本文提出了一个由文献生成的概念框架,以解释和解决机会驱动型女性在参与创业时所面临的 系统性障碍。这一概念框架将性别规范、环境嵌入性和不平等机制之间的相互作用形象化,以解释系统性差异。该框架还纳入了一个额外的维度,以解释女性内部以及与他人之间的能动力量,即个体或集体的能动力量可能会扰乱和颠覆当前与不平等机制之间的相互作用。本文提供了一个概念框架,为政策制定者提供了一个有用的工具,帮助他们了解如何为所有创业者进行干预并提高环境嵌入性。此外,本文还提出了超越 "解决 "女性创业者问题的建议,并指出应打破系统性差异,为所有创业者实现这种情境嵌入。通过这样做,本研究为创业领域的性别建构与重建增添了学术知识。
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引用次数: 0
The moderating role of individual and social resources in gender effect on entrepreneurial growth aspirations 个人和社会资源对创业成长愿望的性别影响的调节作用
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-23 DOI: 10.1108/ijebr-05-2023-0519
Frederick Wedzerai Nyakudya, Tomasz Mickiewicz, Nicholas Theodorakopoulos

Purpose

This study aims to examine how the effect of gender on entrepreneurial growth aspirations is moderated differently by individual resources (human and financial capital) compared to those within the social environment (availability of entrepreneurial knowledge and role models).

Design/methodology/approach

A multilevel estimator is used to investigate the determinants of growth aspirations of owners-managers of nascent start-ups. The Global Entrepreneurship Monitor database is employed, covering the period 2007–2019, with 99,000 useable cases drawn from 95 countries.

Findings

The results suggest that individual financial resources and human capital have positive effects on entrepreneurial growth aspirations; yet these effects are weaker for female entrepreneurs relative to males. In contrast, the impact of the availability of entrepreneurial social knowledge and role models on their growth aspirations is more positive than for male entrepreneurs.

Originality/value

This study offers a novel insight into entrepreneurial growth ambition, as it utilises a global perspective to scrutinise whether individual and social resources contribute differently to male versus female growth-aspirations, employing a multilevel approach. It also integrates insights from the resource-based view and from the relevant business literature on entrepreneurs’ gender to develop theoretical explanations.

目的 本研究旨在探讨与社会环境资源(创业知识和榜样的可用性)相比,个人资源(人力资本和金融资本) 如何以不同方式调节性别对创业成长愿望的影响。结果结果表明,个人财务资源和人力资本对创业者的成长愿望有积极影响;但相对于男性而言,这些影响对女性创业者较弱。相比之下,创业社会知识和榜样的可用性对女性创业者成长愿望的影响比男性创业者更为积极。原创性/价值本研究采用多层次方法,从全球视角审视个人和社会资源对男性和女性成长愿望的影响是否有所不同,为创业者的成长愿望提供了新颖的见解。它还整合了基于资源的观点和有关创业者性别的相关商业文献中的见解,以形成理论解释。
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引用次数: 0
The implications of economic freedom and gender ideologies on women's opportunity-to-necessity entrepreneurship 经济自由和性别意识形态对妇女从机会到需要创业的影响
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-18 DOI: 10.1108/ijebr-04-2023-0429
Diana M. Hechavarría, Maribel Guerrero, Siri Terjesen, Azucena Grady

Purpose

This study explores the relationship between economic freedom and gender ideologies on the allocation of women’s opportunity-to-necessity entrepreneurship across countries. Opportunity entrepreneurship is typically understood as one’s best option for work, whereas necessity entrepreneurship describes the choice as driven by no better option for work. Specifically, we examine how economic freedom (i.e. each country’s policies that facilitate voluntary exchange) and gender ideologies (i.e. each country’s propensity for gendered separate spheres) affect the distribution of women’s opportunity-to-necessity entrepreneurship across countries.

Design/methodology/approach

We construct our sample by matching data from the following country-level sources: the Global Entrepreneurship Monitor’s Adult Population Survey (APS), the Fraser Institute’s Economic Freedom Index (EFI), the European/World Value Survey’s Integrated Values Survey (IVS) gender equality index, and other covariates from the IVS, Varieties of Democracy (V-dem) World Bank (WB) databases. Our final sample consists of 729 observations from 109 countries between 2006 and 2018. Entrepreneurial activity motivations are measured by the ratio of the percentage of women’s opportunity-driven total nascent and early-stage entrepreneurship to the percentage of female necessity-driven total nascent and early-stage entrepreneurship at the country level. Due to a first-order autoregressive process and heteroskedastic cross-sectional dependence in our panel, we estimate a fixed-effect regression with robust standard errors clustered by country.

Findings

After controlling for multiple macro-level factors, we find two interesting findings. First, economic freedom positively affects the ratio of women’s opportunity-to-necessity entrepreneurship. We find that the size of government, sound money, and business and credit regulations play the most important role in shaping the distribution of contextual motivations over time and between countries. However, this effect appears to benefit efficiency and innovation economies more than factor economies in our sub-sample analysis. Second, gender ideologies of political equality positively affect the ratio of women’s opportunity-to-necessity entrepreneurship, and this effect is most pronounced for efficiency economies.

Originality/value

This study offers one critical contribution to the entrepreneurship literature by demonstrating how economic freedom and gender ideologies shape the distribution of contextual motivation for women’s entrepreneurship cross-culturally. We answer calls to better understand the variation within women’s entrepreneurship instead of comparing women’s and men’s entrepreneurial activity. As a result, our study sheds light on how structural aspects of societies shape the allocation of women’s entrepreneuri

目的 本研究探讨了经济自由和性别意识形态对各国妇女机会型创业与必要型创业的分配关系。机会型创业通常被理解为一个人对工作的最佳选择,而必要性创业则是指在没有更好工作选择的情况下做出的选择。具体而言,我们研究了经济自由(即各国促进自愿交换的政策)和性别意识形态(即各国性别分隔领域的倾向)如何影响女性机会创业与必要创业在各国的分布。设计/方法/途径 我们通过匹配以下国家级数据来源来构建样本:《全球创业观察》的成人人口调查 (APS)、弗雷泽研究所的经济自由度指数 (EFI)、《欧洲/世界价值调查》的综合价值调查 (IVS) 性别平等指数,以及来自 IVS、Varieties of Democracy (V-dem) 世界银行 (WB) 数据库的其他协变量。我们的最终样本包括 2006 年至 2018 年间来自 109 个国家的 729 个观测值。创业活动动机是通过国家层面上由机会驱动的女性初创和早期创业总人数与由需求驱动的女性初创和早期创业总人数之比来衡量的。由于面板中存在一阶自回归过程和异方差横截面依赖性,我们对固定效应回归进行了估计,并按国家进行了稳健标准误差聚类。首先,经济自由度会对妇女创业的机会与必要性比率产生积极影响。我们发现,政府规模、健全的货币以及商业和信贷法规在不同时期和不同国家之间对环境动机的分布起着最为重要的作用。然而,在我们的子样本分析中,这种影响似乎更有利于效率和创新型经济体,而非要素型经济体。其次,政治平等的性别意识形态会积极影响女性创业的机会与必要性之比,这种效应在效率型经济体中最为明显。 原创性/价值 本研究通过展示经济自由和性别意识形态如何塑造女性创业的跨文化背景动机分布,为创业文献做出了重要贡献。我们响应了更好地理解女性创业内部差异的呼吁,而不是对女性和男性的创业活动进行比较。因此,我们的研究揭示了社会的结构性因素如何通过其制度安排来影响妇女创业动机的分配。
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引用次数: 0
A study of entrepreneurial marketing activities and firm performance in an immediate post-COVID-19 era: the moderating role of coopetition 后 COVID-19 时代的创业营销活动与企业绩效研究:合作竞争的调节作用
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-15 DOI: 10.1108/ijebr-07-2023-0743
Ali Mahdi, Dave Crick, James M. Crick, Wadid Lamine, Martine Spence

Purpose

Although earlier research suggests a positive relationship exists between engaging in entrepreneurial marketing activities and firm performance, there may be contingent issues that impact the association. This investigation unpacks the relationship between entrepreneurial marketing behaviour and firm performance under the moderating role of coopetition, in an immediate post-COVID-19 period.

Design/methodology/approach

A resource-based theoretical lens, alongside an outside-in perspective, underpins this study. Following 20 field interviews, survey responses via an online survey were obtained from 306 small, passive exporting wine producers with a domestic market focus in the United States. The data passed all major robustness checks.

Findings

The statistical findings indicated that entrepreneurial marketing activities positively and significantly influenced firm performance, while coopetition provided a non-significant moderation effect. Field interviews suggested that entrepreneurs’ attemps to scale up from passive to more active export activities in an immediate post-pandemic period helped explain the findings. Owner-managers rejoined trustworthy and complementary pre-pandemic coopetition partners in the immediate aftermath of coronavirus disease 2019 (COVID-19) for domestic market activities. In contrast, they had to minimise risks from dark-side/opportunistic behaviour when joining coopetition networks with partners while attempting to scale up export market activities.

Originality/value

Unique insights emerge to unpack the entrepreneurial marketing–performance relationship via the moderation effect of coopetition, namely, with the temporal setting of an immediate post-COVID-19 period. Firstly, new support arises regarding the likely performance-enhancing impact of owner-managers’ engagement in entrepreneurial marketing practices. Secondly, novel findings emerge in respect of the contrasting role of coopetition in both domestic and export market activities. Thirdly, new evidence arises in relation to a resource-based theoretical lens alongside an outside-in perspective, whereby, strategic flexibility in pivoting facets of a firm’s business model needs effective management following a crisis.

目的 虽然早期研究表明,参与创业营销活动与企业绩效之间存在正相关关系,但可能存在影响这种关系的偶然问题。本研究探讨了在合作竞争的调节作用下,紧随 COVID-19 之后的创业营销行为与企业绩效之间的关系。在进行了 20 次实地访谈后,通过在线调查获得了 306 家专注于美国国内市场的小型被动出口葡萄酒生产商的调查回复。数据通过了所有主要的稳健性检验。 研究结果 统计结果表明,创业营销活动对企业绩效产生了积极而显著的影响,而合作竞争则提供了非显著的调节作用。实地访谈表明,创业者在疫情刚结束时试图将出口活动从被动扩大到更积极的规模,这有助于解释研究结果。在 2019 年冠状病毒疫情(COVID-19)发生后,企业主重新加入了疫情发生前值得信赖且互补的合作伙伴,开展国内市场活动。与此相反,在试图扩大出口市场活动规模时,他们在加入与合作伙伴的合作竞争网络时,必须最大限度地降低阴暗面/机会主义行为带来的风险。 原创性/价值 通过合作竞争的调节效应,即在COVID-19疫情刚刚结束后的时间背景下,提出了独特的见解来解读创业营销与绩效之间的关系。首先,对于所有者-管理者参与创业营销实践可能产生的绩效提升影响提供了新的支持。其次,在国内市场和出口市场活动中的合作竞争作用对比方面出现了新的发现。第三,在基于资源的理论视角和由外而内的视角方面出现了新的证据,即在危机发生后,需要对企业业务模式的战略灵活性进行有效管理。
{"title":"A study of entrepreneurial marketing activities and firm performance in an immediate post-COVID-19 era: the moderating role of coopetition","authors":"Ali Mahdi, Dave Crick, James M. Crick, Wadid Lamine, Martine Spence","doi":"10.1108/ijebr-07-2023-0743","DOIUrl":"https://doi.org/10.1108/ijebr-07-2023-0743","url":null,"abstract":"<h3>Purpose</h3>\u0000<p> Although earlier research suggests a positive relationship exists between engaging in entrepreneurial marketing activities and firm performance, there may be contingent issues that impact the association. This investigation unpacks the relationship between entrepreneurial marketing behaviour and firm performance under the moderating role of coopetition, in an immediate post-COVID-19 period.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p> A resource-based theoretical lens, alongside an outside-in perspective, underpins this study. Following 20 field interviews, survey responses via an online survey were obtained from 306 small, passive exporting wine producers with a domestic market focus in the United States. The data passed all major robustness checks.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p> The statistical findings indicated that entrepreneurial marketing activities positively and significantly influenced firm performance, while coopetition provided a non-significant moderation effect. Field interviews suggested that entrepreneurs’ attemps to scale up from passive to more active export activities in an immediate post-pandemic period helped explain the findings. Owner-managers rejoined trustworthy and complementary pre-pandemic coopetition partners in the immediate aftermath of coronavirus disease 2019 (COVID-19) for domestic market activities. In contrast, they had to minimise risks from dark-side/opportunistic behaviour when joining coopetition networks with partners while attempting to scale up export market activities.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p> Unique insights emerge to unpack the entrepreneurial marketing–performance relationship via the moderation effect of coopetition, namely, with the temporal setting of an immediate post-COVID-19 period. Firstly, new support arises regarding the likely performance-enhancing impact of owner-managers’ engagement in entrepreneurial marketing practices. Secondly, novel findings emerge in respect of the contrasting role of coopetition in both domestic and export market activities. Thirdly, new evidence arises in relation to a resource-based theoretical lens alongside an outside-in perspective, whereby, strategic flexibility in pivoting facets of a firm’s business model needs effective management following a crisis.</p><!--/ Abstract__block -->","PeriodicalId":51425,"journal":{"name":"International Journal of Entrepreneurial Behavior & Research","volume":null,"pages":null},"PeriodicalIF":5.5,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140594228","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}
引用次数: 0
Maintaining life satisfaction when faced with multiple crisis episodes: the role of entrepreneurs’ goal orientation 面对多重危机事件时保持生活满意度:企业家目标导向的作用
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-11 DOI: 10.1108/ijebr-09-2022-0834
Mirjam Knockaert, Dawn DeTienne, Karlien Coppens, Johan Lambrecht

Purpose

The aim is to understand how goal orientation may help entrepreneurs maintain life satisfaction when faced with multiple crisis episodes. To do so, the authors study the early impact of COVID-19 on the life satisfaction of entrepreneurs who were previously faced with venture distress.

Design/methodology/approach

Data on 164 Belgian entrepreneurs, who were faced with previous venture distress, are used. The analysis is quantitative, and uses survey data, in combination with databases. The survey was administered in the beginning of the COVID-19 pandemic (June 2020).

Findings

Entrepreneurs high in learning goal orientation are less likely, and those high in performance-avoidance orientation are more likely to experience a decline in life satisfaction. Additionally, the time span between the two crises moderates the relationship between learning goal orientation and life satisfaction. Particularly, entrepreneurs high in learning goal orientation are less likely to experience a decline in life satisfaction if more time has passed between venture distress and the COVID-19 crisis.

Practical implications

Often, entrepreneurs are faced with multiple episodes of distress. The authors study entrepreneurs who have been in venture distress before and are then confronted with the COVID-19 crisis. The study shows that goal orientation, which is a type of self-regulation, plays an important role in how entrepreneurs’ life satisfaction is affected. Also, the authors find that the time between distress events matters. These are important insights for practitioners, including entrepreneurs and support providers.

Originality/value

The study adds to the emerging discussion on the impact of crises on entrepreneurs. It studies life satisfaction (a measure of well-being) and complements studies that examine the impact of crises, on entrepreneurs’ actions and firm performance.

目的 本文旨在了解目标导向如何帮助创业者在面临多重危机时保持生活满意度。为此,作者研究了 COVID-19 对曾面临创业困境的创业者的生活满意度的早期影响。设计/方法/途径使用了 164 名曾面临创业困境的比利时创业者的数据。分析为定量分析,采用调查数据和数据库相结合的方法。调查是在 COVID-19 大流行之初(2020 年 6 月)进行的。研究结果学习目标导向高的创业者不太可能经历生活满意度下降,而绩效回避导向高的创业者更有可能经历生活满意度下降。此外,两次危机之间的时间跨度也会调节学习目标导向与生活满意度之间的关系。特别是,如果创业困境与 COVID-19 危机之间的时间间隔较长,那么学习目标导向较高的创业者不太可能出现生活满意度下降的情况。作者研究了那些曾经陷入创业困境,后来又面临 COVID-19 危机的创业者。研究表明,作为一种自我调节方式的目标导向对创业者生活满意度的影响起着重要作用。此外,作者还发现危机事件之间的时间间隔也很重要。对于包括创业者和支持服务提供者在内的从业者来说,这些都是重要的启示。它研究了生活满意度(一种衡量幸福感的指标),并补充了研究危机对企业家行动和公司业绩影响的研究。
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引用次数: 0
Mechanisms for facilitating academic entrepreneurship in higher education 促进高等教育学术创业的机制
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-11 DOI: 10.1108/ijebr-04-2023-0333
Ana Isabel Gaspar Pacheco, João Ferreira, Jorge Simoes, Pedro Mota Veiga, Marina Dabic

Purpose

The commercialization of research produced by universities constitutes a core facet of academic entrepreneurship (AE). Academic literature reveals the need to shed light on entrepreneurial processes in higher education institutions (HEIs). This study intends to fill this gap by researching the mechanisms for facilitating AE and the variables that can moderate the relationship between such mechanisms and AE in Portuguese HEIs.

Design/methodology/approach

Our research model aims to assess the mechanisms of academic entrepreneurship (AE) within a sample of 125 Portuguese public higher education institutions (HEIs). To test our research hypotheses, we employed a structural equation model (SEM) using the partial least squares (PLS) method. Additionally, our evaluation examines the potential moderating effects of incubator programs, support initiatives, and proof-of-concept programs (PoCs). Our research model seeks to evaluate the mechanisms for facilitating AE and explore the effects of including incubator programs, support initiatives, and PoCs as moderators. The seven variables (Research mobilization, Unconventionality, Industry collaboration, University policies, Incubator programs and support initiatives, Proof-of-concept programs, and academic entrepreneurship) were measured using a 7-point Likert scale.

Findings

The results revealed that different drivers of AE influence the creation and development of entrepreneurial activities. Our findings also show the moderating effects of incubator programs, support initiatives, and proof-of-concept programs on AE. We find that incubator programs, other support initiatives, and PoCs maintain a moderating effect on AE and benefit their respective HEIs.

Research limitations/implications

The study examines only the Portuguese HEI context. Therefore, generalizing these results necessitates reservations. However, the responses came from various actors in HEIs, from different academic backgrounds and research interests. This makes the results more generalizable. Limitations are evident in external validity, given that we gathered the data over a relatively short period.

Practical implications

Observed factors are explored to gain a deeper understanding of their influence on the mechanisms of AE. The implications arise from the new perspective presented and the methodology used to identify mechanisms capable of fostering AE. We hope this research will encourage other researchers to study this topic further.

Social implications

the engagement of universities at the global level should be emphasised in future policy. While universities in innovation systems often have a local focus, their engagement in innovation ecosystems transcends the boundaries of geographic locations.

Design/methodology/approach

Data on start-ups funded via institutional venture capital from PitchBook were merged with US county-level outcomes from the County Health Rankings and Area Health Resources Files for 2010 to 2019. We investigated how the number of VC-funded healthcare service start-ups, as well as a subset defined as innovative, were associated with county-level health measures. We used panel models with two-way fixed effects and Propensity Score Matched (PSM), controlling for demographics and socioeconomic factors.

Findings

Each additional VC-funded healthcare service start-up was related to a significant 0.01 percentage point decrease in diabetes prevalence (p < 0.01), a decrease of 1.54 HIV cases per 100,000 population (p < 0.1), a 0.02 percentage point decrease in obesity rates (p < 0.01), and a 0.03 percentage point decrease in binge drinking (p < 0.01). VC-funded healthcare service start-ups were not related to hospital utilization.

Originality/value

This work expands our understanding of how industry-specific start-ups, in this case healthcare start-ups, relate to positive social outcomes. The results underscore the importance of evidence-based evaluation, the need for expanded outcome measures for VC investment, and the possibilities for integration of healthcare services and entrepreneurship ecosystems.

研究目的:已有研究探讨了新创企业如何加强地方经济成果;然而,对以健康为导向的新创企业及其对社会成果(包括健康成果)的影响的研究却十分有限。风险投资公司对医疗保健服务初创企业的投资增加,预示着这方面的活动越来越多,学术界有必要进行进一步的研究。我们研究了这些初创企业与县级健康结果、健康因素和医院利用率之间的关系。设计/方法/方法将 PitchBook 中通过机构风险投资获得资金的初创企业数据与 2010 年至 2019 年县级健康排名和地区健康资源档案中的美国县级结果进行了合并。我们研究了风险投资资助的医疗保健服务初创企业以及被定义为创新企业的子集的数量与县级健康指标之间的关联。我们使用了具有双向固定效应和倾向得分匹配(PSM)的面板模型,并对人口统计学和社会经济因素进行了控制。糖尿病患病率显著下降了 0.01 个百分点(p <0.01),每 10 万人口中的艾滋病毒感染病例减少了 1.54 例(p <0.1),肥胖率下降了 0.02 个百分点(p <0.01),酗酒率下降了 0.03 个百分点(p <0.01)。由风险投资资助的医疗保健服务初创企业与医院使用率无关。这项研究拓展了我们对特定行业初创企业(这里指医疗保健行业初创企业)与积极社会成果之间关系的理解。研究结果强调了循证评估的重要性、扩大风险投资成果衡量标准的必要性以及整合医疗服务和创业生态系统的可能性。
{"title":"How healthcare entrepreneurship enhances ecosystem outcomes: the relationship between venture capital-funded start-ups and county-level health","authors":"Yunwei Gai, Alia Crocker, Candida Brush, Wiljeana Jackson Glover","doi":"10.1108/ijebr-02-2023-0204","DOIUrl":"https://doi.org/10.1108/ijebr-02-2023-0204","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>Research has examined how new ventures strengthen local economic outcomes; however, limited research examines health-oriented ventures and their impact on social outcomes, including health outcomes. Increased VC investment in healthcare service start-ups signals more activity toward this end, and the need for further academic inquiry. We examine the relationship between these start-ups and county-level health outcomes, health factors, and hospital utilization.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>Data on start-ups funded via institutional venture capital from PitchBook were merged with US county-level outcomes from the County Health Rankings and Area Health Resources Files for 2010 to 2019. We investigated how the number of VC-funded healthcare service start-ups, as well as a subset defined as innovative, were associated with county-level health measures. We used panel models with two-way fixed effects and Propensity Score Matched (PSM), controlling for demographics and socioeconomic factors.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>Each additional VC-funded healthcare service start-up was related to a significant 0.01 percentage point decrease in diabetes prevalence (<em>p</em> &lt; 0.01), a decrease of 1.54 HIV cases per 100,000 population (<em>p</em> &lt; 0.1), a 0.02 percentage point decrease in obesity rates (<em>p</em> &lt; 0.01), and a 0.03 percentage point decrease in binge drinking (<em>p</em> &lt; 0.01). VC-funded healthcare service start-ups were not related to hospital utilization.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This work expands our understanding of how industry-specific start-ups, in this case healthcare start-ups, relate to positive social outcomes. The results underscore the importance of evidence-based evaluation, the need for expanded outcome measures for VC investment, and the possibilities for integration of healthcare services and entrepreneurship ecosystems.</p><!--/ Abstract__block -->","PeriodicalId":51425,"journal":{"name":"International Journal of Entrepreneurial Behavior & Research","volume":null,"pages":null},"PeriodicalIF":5.5,"publicationDate":"2024-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140594302","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}
引用次数: 0
Entrepreneurial financing: how global and regional export intentions affect financial and non-financial choices for small and midsized enterprises in low-income countries 企业家融资:全球和区域出口意向如何影响低收入国家中小型企业的金融和非金融选择
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-09 DOI: 10.1108/ijebr-01-2023-0081
Aaron van Klyton, Mary-Paz Arrieta-Paredes, Vedaste Byombi Kamasa, Said Rutabayiro-Ngoga

Purpose

The study explores how the intention to export affects financing and non-financing variables for small and medium-sized enterprises (SMEs) in a low-income country (LIC). The objectives of this study are (1) to discern between regional and global exporting and (2) to evaluate its policymaking implications.

Design/methodology/approach

Primary survey data were collected from 330 Rwandan SMEs and were analysed using ordered logistic models as an application of the expectation-maximisation iterating algorithm, which was tested for robustness using a sampling model variation.

Findings

The results show that alternative sources of finance are the predominant choice to finance the intention to export within and outside Africa. As the scope of export intentions broadened from regional to global, there was a shift in preferences from less formal to more formal lending technologies, moving from methods like factoring to lines of credit. Moreover, reliance on bank officers became more significant, with increasing marginal effects. Finally, the study determined that government financing schemes were not relevant for SMEs pursuing either regional or global exporting.

Practical implications

Whilst alternative sources of finance predominate the export intentions of Rwandan SMEs, establishing a robust banking relationship becomes crucial for global exporting. Despite this implication, the intention to export should prompt more transparent communication regarding government financial support programmes. There is an opportunity for increased usage of relationship lending to customise support for SMEs involved in exporting, benefiting both the private and public sectors.

Originality/value

This study accentuates how export distance alters SME financing priorities. The results also contribute to understanding how the value of relationship lending changes when less familiar markets (i.e. global exporting) are the objective. Moreover, the study offers a new perspective on how institutional voids affect entrepreneurial financing decisions in LICs.

目的本研究探讨了出口意向如何影响低收入国家(LIC)中小型企业(SMEs)的融资和非融资变量。本研究的目标是:(1)区分区域出口和全球出口;(2)评估其决策影响。研究结果结果表明,替代性资金来源是非洲内外出口意向融资的主要选择。随着出口意向的范围从区域性扩大到全球性,人们对贷款技术的偏好也从较不正规转向更正规,从保理等方式转向信贷额度。此外,对银行官员的依赖也变得更加重要,边际效应不断增加。最后,该研究确定,政府融资计划对于追求地区或全球出口的中小企业来说都是不相关的。尽管存在这种影响,但出口意向应促使有关政府金融支持计划的沟通更加透明。我们有机会更多地利用关系贷款为参与出口的中小企业提供定制支持,使私营和公共部门都能从中受益。研究结果还有助于理解,当以不太熟悉的市场(即全球出口)为目标时,关系贷款的价值如何发生变化。此外,本研究还提供了一个新的视角,即制度空白如何影响低收入国家的创业融资决策。
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引用次数: 0
Trading wage jobs for dreams: the interplay between entry modes into self-employment and the duration of subsequent self-employment stints 用工资工作换取梦想:进入自营职业的方式与随后的自营职业持续时间之间的相互作用
IF 5.5 2区 管理学 Q1 Business, Management and Accounting Pub Date : 2024-04-05 DOI: 10.1108/ijebr-02-2023-0147
Lidia Kritskaya Lindelid, Sujith Nair

Purpose

Wage employees enter self-employment either directly or in a staged manner and may subsequently undertake multiple stints at self-employment. Extant research on the relationship between entry modes and the persistence and outcomes of self-employment is inconclusive. This study investigates the relationship between wage employees’ initial mode of entry into self-employment and the duration of the subsequent first two stints of self-employment.

Design/methodology/approach

This study used a matched longitudinal sample of 9,550 employees who became majority owners of incorporated firms from 2005 to 2016.

Findings

The findings demonstrate that the initial mode of entry into self-employment matters for the first two stints at self-employment. Staged entry into self-employment was associated with a shorter first stint and became insignificant for the second stint. Staged entry into self-employment was positively related to the odds of becoming self-employed for the second time in the same firm.

Originality/value

Using a comprehensive and reliable dataset, the paper shifts focus from the aggregated onward journey of novice entrepreneurs (survival as the outcome) to the duration of their self-employment stints. By doing so, the paper offers insights into the process of becoming self-employed and the patterns associated with success/failure in entrepreneurship associated with self-employment duration.

目的 工薪雇员可直接或分阶段进入自雇行业,随后可能会多次从事自雇工作。有关自雇模式与自雇持续性和自雇结果之间关系的现有研究尚无定论。本研究调查了工薪雇员最初进入自雇的模式与随后前两次自雇的持续时间之间的关系。研究结果研究结果表明,最初进入自雇的模式与前两次自雇的持续时间有关。分阶段进入自营职业与较短的第一段自营职业时间有关,而在第二段自营职业时间中则变得不重要。原创性/价值利用全面可靠的数据集,本文将重点从新手创业者的总体发展历程(以生存为结果)转移到他们的自营职业持续时间上。通过这样做,本文深入探讨了成为自营职业者的过程,以及与自营职业持续时间相关的创业成功/失败模式。
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引用次数: 0
期刊
International Journal of Entrepreneurial Behavior & Research
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