Pub Date : 2024-06-12DOI: 10.1177/02662426241259959
Richard T. Harrison
{"title":"Book review: Entrepreneurship and Enterprise Development in Africa","authors":"Richard T. Harrison","doi":"10.1177/02662426241259959","DOIUrl":"https://doi.org/10.1177/02662426241259959","url":null,"abstract":"","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"12 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141355072","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 : 2024-04-23DOI: 10.1177/02662426241240136
Jirawat Worakantak, R. Newbery, Jonathan Kimmitt
Entrepreneurs raise money from multiple funding sources over time; however, studies of entrepreneurial finance typically focus on a dyadic view based on Global North institutional scaffolds. Taking a contextualised approach that understands funding as situated in local conditions, this research explores the influence of an emerging economy context on a financing process that incorporates multiple sources. Based on analysis of 36 interviews with entrepreneurs and financiers in Thailand, the research offers a model that identifies emerging entrepreneur–financier relationships and strategies for navigating multiple logics. Accessing funding involves a process of deal-making that requires multiple foci of attention over time. This article advances institutional theory by reclassifying how entrepreneurs interact with heterogeneous resource holders. Divergent logical pathways of relational formation are found among various types of financiers, suggesting an underlying institutional logic is not universal. Instead, it depends on the habitual organising principles of the focal actors and strategies adopted to manage the requirements of multiple funders.
{"title":"Entrepreneurial finance and institutional logics in an emerging economy","authors":"Jirawat Worakantak, R. Newbery, Jonathan Kimmitt","doi":"10.1177/02662426241240136","DOIUrl":"https://doi.org/10.1177/02662426241240136","url":null,"abstract":"Entrepreneurs raise money from multiple funding sources over time; however, studies of entrepreneurial finance typically focus on a dyadic view based on Global North institutional scaffolds. Taking a contextualised approach that understands funding as situated in local conditions, this research explores the influence of an emerging economy context on a financing process that incorporates multiple sources. Based on analysis of 36 interviews with entrepreneurs and financiers in Thailand, the research offers a model that identifies emerging entrepreneur–financier relationships and strategies for navigating multiple logics. Accessing funding involves a process of deal-making that requires multiple foci of attention over time. This article advances institutional theory by reclassifying how entrepreneurs interact with heterogeneous resource holders. Divergent logical pathways of relational formation are found among various types of financiers, suggesting an underlying institutional logic is not universal. Instead, it depends on the habitual organising principles of the focal actors and strategies adopted to manage the requirements of multiple funders.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"23 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140666061","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 : 2024-02-12DOI: 10.1177/02662426241227520
M. Klofsten, W. Kanda, D. Bienkowska, Nancy Bocken, Sarfraz A. Mian, Wadid Lamine
This article explores the role of start-ups within entrepreneurial ecosystems in driving the transition towards a circular economy. It emphasises the importance of understanding and supporting circular start-ups for broader sustainability impacts. Unlike established firms, start-ups can readily adopt ambitious circular business models (CBMs) without the risk of business model cannibalisation and with the agility to adapt to market trends. CBMs enhance value creation, delivery and capture resource flows in an optimised non-linear fashion. Scaling up CBMs is crucial for overall economic, social and environmental benefits. Hence, leveraging the key entrepreneurial ecosystems actors, such as universities, business incubators and related venture development intermediaries, is vital for start-up support. In this special issue, we have invited researchers to submit contributions that delve into the dynamics among start-ups, entrepreneurial ecosystems and the circular economy, aiming to enrich our understanding of the early stage start-up development process with the aim of promoting the circular economy at a firm, regional or national level.
{"title":"Start-ups within entrepreneurial ecosystems: Transition towards circular economy","authors":"M. Klofsten, W. Kanda, D. Bienkowska, Nancy Bocken, Sarfraz A. Mian, Wadid Lamine","doi":"10.1177/02662426241227520","DOIUrl":"https://doi.org/10.1177/02662426241227520","url":null,"abstract":"This article explores the role of start-ups within entrepreneurial ecosystems in driving the transition towards a circular economy. It emphasises the importance of understanding and supporting circular start-ups for broader sustainability impacts. Unlike established firms, start-ups can readily adopt ambitious circular business models (CBMs) without the risk of business model cannibalisation and with the agility to adapt to market trends. CBMs enhance value creation, delivery and capture resource flows in an optimised non-linear fashion. Scaling up CBMs is crucial for overall economic, social and environmental benefits. Hence, leveraging the key entrepreneurial ecosystems actors, such as universities, business incubators and related venture development intermediaries, is vital for start-up support. In this special issue, we have invited researchers to submit contributions that delve into the dynamics among start-ups, entrepreneurial ecosystems and the circular economy, aiming to enrich our understanding of the early stage start-up development process with the aim of promoting the circular economy at a firm, regional or national level.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"145 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139842174","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 : 2024-02-12DOI: 10.1177/02662426241227520
M. Klofsten, W. Kanda, D. Bienkowska, Nancy Bocken, Sarfraz A. Mian, Wadid Lamine
This article explores the role of start-ups within entrepreneurial ecosystems in driving the transition towards a circular economy. It emphasises the importance of understanding and supporting circular start-ups for broader sustainability impacts. Unlike established firms, start-ups can readily adopt ambitious circular business models (CBMs) without the risk of business model cannibalisation and with the agility to adapt to market trends. CBMs enhance value creation, delivery and capture resource flows in an optimised non-linear fashion. Scaling up CBMs is crucial for overall economic, social and environmental benefits. Hence, leveraging the key entrepreneurial ecosystems actors, such as universities, business incubators and related venture development intermediaries, is vital for start-up support. In this special issue, we have invited researchers to submit contributions that delve into the dynamics among start-ups, entrepreneurial ecosystems and the circular economy, aiming to enrich our understanding of the early stage start-up development process with the aim of promoting the circular economy at a firm, regional or national level.
{"title":"Start-ups within entrepreneurial ecosystems: Transition towards circular economy","authors":"M. Klofsten, W. Kanda, D. Bienkowska, Nancy Bocken, Sarfraz A. Mian, Wadid Lamine","doi":"10.1177/02662426241227520","DOIUrl":"https://doi.org/10.1177/02662426241227520","url":null,"abstract":"This article explores the role of start-ups within entrepreneurial ecosystems in driving the transition towards a circular economy. It emphasises the importance of understanding and supporting circular start-ups for broader sustainability impacts. Unlike established firms, start-ups can readily adopt ambitious circular business models (CBMs) without the risk of business model cannibalisation and with the agility to adapt to market trends. CBMs enhance value creation, delivery and capture resource flows in an optimised non-linear fashion. Scaling up CBMs is crucial for overall economic, social and environmental benefits. Hence, leveraging the key entrepreneurial ecosystems actors, such as universities, business incubators and related venture development intermediaries, is vital for start-up support. In this special issue, we have invited researchers to submit contributions that delve into the dynamics among start-ups, entrepreneurial ecosystems and the circular economy, aiming to enrich our understanding of the early stage start-up development process with the aim of promoting the circular economy at a firm, regional or national level.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"45 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139782415","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 : 2024-02-09DOI: 10.1177/02662426241229878
Subhan Shahid, M. Mei, Martina Battisti
This article investigates the relationship between entrepreneurial fear of failure, exit intentions and the moderating impact of a conducive social environment, particularly business incubators, in the context of a developing economy. It provides empirical evidence on how different sources of fear of failure influence an entrepreneur’s intention to exit a venture. Building on social-cognitive theory and leveraging survey data collected from 255 practising entrepreneurs, we show that sources of failure related to the self lead to higher exit intentions whereas external sources of failure do not trigger such intentions. Notably, the positive relationship between self-related fear of failure and exit intention is reduced when entrepreneurs operate within the supportive framework of business incubators. This study highlights the specific dynamics of developing economies that can have profound impacts on the psychology of entrepreneurs. Overall, the study provides valuable insights into how fear of failure shapes entrepreneurial outcomes and how a supportive social environment can mitigate its negative impact, particularly in a developing country context such as Pakistan.
{"title":"Entrepreneurial fear of failure and exit intention: The moderating role of a conducive social environment","authors":"Subhan Shahid, M. Mei, Martina Battisti","doi":"10.1177/02662426241229878","DOIUrl":"https://doi.org/10.1177/02662426241229878","url":null,"abstract":"This article investigates the relationship between entrepreneurial fear of failure, exit intentions and the moderating impact of a conducive social environment, particularly business incubators, in the context of a developing economy. It provides empirical evidence on how different sources of fear of failure influence an entrepreneur’s intention to exit a venture. Building on social-cognitive theory and leveraging survey data collected from 255 practising entrepreneurs, we show that sources of failure related to the self lead to higher exit intentions whereas external sources of failure do not trigger such intentions. Notably, the positive relationship between self-related fear of failure and exit intention is reduced when entrepreneurs operate within the supportive framework of business incubators. This study highlights the specific dynamics of developing economies that can have profound impacts on the psychology of entrepreneurs. Overall, the study provides valuable insights into how fear of failure shapes entrepreneurial outcomes and how a supportive social environment can mitigate its negative impact, particularly in a developing country context such as Pakistan.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":" 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139789859","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 : 2024-02-09DOI: 10.1177/02662426241229878
Subhan Shahid, M. Mei, Martina Battisti
This article investigates the relationship between entrepreneurial fear of failure, exit intentions and the moderating impact of a conducive social environment, particularly business incubators, in the context of a developing economy. It provides empirical evidence on how different sources of fear of failure influence an entrepreneur’s intention to exit a venture. Building on social-cognitive theory and leveraging survey data collected from 255 practising entrepreneurs, we show that sources of failure related to the self lead to higher exit intentions whereas external sources of failure do not trigger such intentions. Notably, the positive relationship between self-related fear of failure and exit intention is reduced when entrepreneurs operate within the supportive framework of business incubators. This study highlights the specific dynamics of developing economies that can have profound impacts on the psychology of entrepreneurs. Overall, the study provides valuable insights into how fear of failure shapes entrepreneurial outcomes and how a supportive social environment can mitigate its negative impact, particularly in a developing country context such as Pakistan.
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Pub Date : 2024-02-06DOI: 10.1177/02662426241228283
Kristin Sabel, Cecilia Dalborg, Yvonne von Friedrichs, Andreas Kallmuenzer
Prior research has highlighted coopetition as a successful strategy for enterprise performance during a crisis; this has largely focused upon large firms therefore, limiting our knowledge of network coopetition in micro-enterprises. This article explores the impact of network coopetition on the robustness of micro-enterprises during COVID-19. A survey and interviews with craft food producers in Sweden were conducted; a measurement for firm robustness was created, indicating that 46% of respondents had successfully weathered the pandemic and were thus, considered robust. The findings show that micro-enterprises employing network coopetition as a strategy during the pandemic exhibited robustness. This article stresses the importance of micro-enterprises that broadly embrace network coopetition to withstand the negative effects of crises.
{"title":"The importance of network coopetition for the robustness of micro-enterprises in times of crisis","authors":"Kristin Sabel, Cecilia Dalborg, Yvonne von Friedrichs, Andreas Kallmuenzer","doi":"10.1177/02662426241228283","DOIUrl":"https://doi.org/10.1177/02662426241228283","url":null,"abstract":"Prior research has highlighted coopetition as a successful strategy for enterprise performance during a crisis; this has largely focused upon large firms therefore, limiting our knowledge of network coopetition in micro-enterprises. This article explores the impact of network coopetition on the robustness of micro-enterprises during COVID-19. A survey and interviews with craft food producers in Sweden were conducted; a measurement for firm robustness was created, indicating that 46% of respondents had successfully weathered the pandemic and were thus, considered robust. The findings show that micro-enterprises employing network coopetition as a strategy during the pandemic exhibited robustness. This article stresses the importance of micro-enterprises that broadly embrace network coopetition to withstand the negative effects of crises.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"340 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139799109","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 : 2024-02-06DOI: 10.1177/02662426241228283
Kristin Sabel, Cecilia Dalborg, Yvonne von Friedrichs, Andreas Kallmuenzer
Prior research has highlighted coopetition as a successful strategy for enterprise performance during a crisis; this has largely focused upon large firms therefore, limiting our knowledge of network coopetition in micro-enterprises. This article explores the impact of network coopetition on the robustness of micro-enterprises during COVID-19. A survey and interviews with craft food producers in Sweden were conducted; a measurement for firm robustness was created, indicating that 46% of respondents had successfully weathered the pandemic and were thus, considered robust. The findings show that micro-enterprises employing network coopetition as a strategy during the pandemic exhibited robustness. This article stresses the importance of micro-enterprises that broadly embrace network coopetition to withstand the negative effects of crises.
{"title":"The importance of network coopetition for the robustness of micro-enterprises in times of crisis","authors":"Kristin Sabel, Cecilia Dalborg, Yvonne von Friedrichs, Andreas Kallmuenzer","doi":"10.1177/02662426241228283","DOIUrl":"https://doi.org/10.1177/02662426241228283","url":null,"abstract":"Prior research has highlighted coopetition as a successful strategy for enterprise performance during a crisis; this has largely focused upon large firms therefore, limiting our knowledge of network coopetition in micro-enterprises. This article explores the impact of network coopetition on the robustness of micro-enterprises during COVID-19. A survey and interviews with craft food producers in Sweden were conducted; a measurement for firm robustness was created, indicating that 46% of respondents had successfully weathered the pandemic and were thus, considered robust. The findings show that micro-enterprises employing network coopetition as a strategy during the pandemic exhibited robustness. This article stresses the importance of micro-enterprises that broadly embrace network coopetition to withstand the negative effects of crises.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"83 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139859109","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 : 2024-02-04DOI: 10.1177/02662426231223939
Soumaya Meddeb, Étienne St-Jean, Andreas Rauch
The personality configuration of mentors and mentees is important in understanding mentoring outcomes. While the best mentors appear to have higher degrees of agreeableness and conscientiousness, entrepreneurs generally score lower on agreeableness and have higher degrees of narcissism, a personality trait that could be detrimental to mentoring. We investigated the interaction of narcissism with two traits from the Big Five Inventory, namely agreeableness and conscientiousness, to see how this interaction influenced learning from the relationship of mentee entrepreneurs. Our findings suggest that mentee narcissism negatively influences learning, and mentor agreeableness mitigates the negative effects on mentee learning. These findings show certain beneficial personality configurations in entrepreneurial mentoring and provide elements to consider in managerial practice when pairing mentors and mentees in this context.
{"title":"The interaction of narcissism, agreeableness and conscientiousness in entrepreneurial mentoring: Implications for learning outcomes","authors":"Soumaya Meddeb, Étienne St-Jean, Andreas Rauch","doi":"10.1177/02662426231223939","DOIUrl":"https://doi.org/10.1177/02662426231223939","url":null,"abstract":"The personality configuration of mentors and mentees is important in understanding mentoring outcomes. While the best mentors appear to have higher degrees of agreeableness and conscientiousness, entrepreneurs generally score lower on agreeableness and have higher degrees of narcissism, a personality trait that could be detrimental to mentoring. We investigated the interaction of narcissism with two traits from the Big Five Inventory, namely agreeableness and conscientiousness, to see how this interaction influenced learning from the relationship of mentee entrepreneurs. Our findings suggest that mentee narcissism negatively influences learning, and mentor agreeableness mitigates the negative effects on mentee learning. These findings show certain beneficial personality configurations in entrepreneurial mentoring and provide elements to consider in managerial practice when pairing mentors and mentees in this context.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"12 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139866468","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 : 2024-02-04DOI: 10.1177/02662426231223939
Soumaya Meddeb, Étienne St-Jean, Andreas Rauch
The personality configuration of mentors and mentees is important in understanding mentoring outcomes. While the best mentors appear to have higher degrees of agreeableness and conscientiousness, entrepreneurs generally score lower on agreeableness and have higher degrees of narcissism, a personality trait that could be detrimental to mentoring. We investigated the interaction of narcissism with two traits from the Big Five Inventory, namely agreeableness and conscientiousness, to see how this interaction influenced learning from the relationship of mentee entrepreneurs. Our findings suggest that mentee narcissism negatively influences learning, and mentor agreeableness mitigates the negative effects on mentee learning. These findings show certain beneficial personality configurations in entrepreneurial mentoring and provide elements to consider in managerial practice when pairing mentors and mentees in this context.
{"title":"The interaction of narcissism, agreeableness and conscientiousness in entrepreneurial mentoring: Implications for learning outcomes","authors":"Soumaya Meddeb, Étienne St-Jean, Andreas Rauch","doi":"10.1177/02662426231223939","DOIUrl":"https://doi.org/10.1177/02662426231223939","url":null,"abstract":"The personality configuration of mentors and mentees is important in understanding mentoring outcomes. While the best mentors appear to have higher degrees of agreeableness and conscientiousness, entrepreneurs generally score lower on agreeableness and have higher degrees of narcissism, a personality trait that could be detrimental to mentoring. We investigated the interaction of narcissism with two traits from the Big Five Inventory, namely agreeableness and conscientiousness, to see how this interaction influenced learning from the relationship of mentee entrepreneurs. Our findings suggest that mentee narcissism negatively influences learning, and mentor agreeableness mitigates the negative effects on mentee learning. These findings show certain beneficial personality configurations in entrepreneurial mentoring and provide elements to consider in managerial practice when pairing mentors and mentees in this context.","PeriodicalId":514487,"journal":{"name":"International Small Business Journal: Researching Entrepreneurship","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139806579","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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