Entrepreneurship education: relationship between education and entrepreneurial activity

The importance of entrepreneurial activity for the economic growth of countries is now well established. The relevant literature suggests important links between education, venture creation and entrepreneurial performance, as well as between entrepreneurial education and entrepreneurial activity. The primary purpose of this paper is to provide some insights about entrepreneurship education. The meaning of entrepreneurship education is explained, and the significant increase of these educational programmes is highlighted. Literature has been suggesting that the most suitable indicator to evaluate the results of entrepreneurship education is the rate of new business creation. However, some studies indicate that the results of such programmes are not immediate. Therefore, many researchers try to understand the precursors of venture creation, concluding that is necessary to carry out longitudinal studies. Based on an overview of the research published about the existing linkage of entrepreneurship education and entrepreneurial activity, the main topics studied by different academics are addressed. For the authors, the positive impact of entrepreneurship education puts a double challenge on governments in the future: the increased need of financial funds to support entrepreneurship education and the choice of the correct educational programme.     

Greed is good? Assessing the relationship between entrepreneurship and subclinical psychopathy

Despite the stereotype of entrepreneurs as corporate psychopaths, there has been little research on the overlap between individual differences in entrepreneurship and subclinical psychopathy. In line with this issue, the current study investigated whether primary and secondary psychopathy are linked to a measure of entrepreneurial tendencies and abilities, as well as entrepreneurial activities and achievements. Participants were 435 working adults. Structural equation models revealed that individual differences in entrepreneurial tendencies and abilities were positively related to primary psychopathy, but unrelated to secondary psychopathy. Secondary psychopathy did not predict entrepreneurial activity; primary psychopathy predicted some entrepreneurial outcomes, albeit modestly, providing partial support for the ‘corporate psychopath’ stereotype. Implications for entrepreneurship research and practice are discussed.     

Rule-breaking,crime, and entrepreneurship: A replication and extension study with 37-year longitudinal data

Is there an intimate biographical relationship between entrepreneurship and antisocial tendencies? Drawing from Zhang and Arvey's retrospective study [Zhang, Z. & Arvey, R.D. (2009). Rule breaking in adolescence and entrepreneurial status: An empirical investigation. Journal of Business Venturing, 24(5), 436–447], which found a link between entrepreneurship status of male adults and their recalled early antisocial rule-breaking behavior in adolescence, the present study utilized prospective longitudinal data from a Swedish cohort study to clarify the connection between antisocial rule-breaking, crime, and entrepreneurship by applying a developmental perspective. Regression results, which controlled for early socioeconomic background and intellectual competencies, indeed identified early antisocial rule-breaking behavior in adolescence as a valid positive predictor of a subsequent entrepreneurial career in adulthood in men (but not in women). In contrast, registered crime (teenage crime, adult crime, and prototypical trajectories of criminal behavior) as well as rule-breaking attitude in adolescence, as a more latent form of early antisocial tendencies, were relatively unimportant in the prediction of entrepreneurship in both genders. The results are discussed with a focus on rule-breaking and agency theories of entrepreneurship, youth theories, and the importance of looking at gender differences in entrepreneurial development.     

Rule-breaking,crime, and entrepreneurship: A replication and extension study with 37-year longitudinal data

Is there an intimate biographical relationship between entrepreneurship and antisocial tendencies? Drawing from Zhang and Arvey's retrospective study [Zhang, Z. & Arvey, R.D. (2009). Rule breaking in adolescence and entrepreneurial status: An empirical investigation. Journal of Business Venturing, 24(5), 436–447], which found a link between entrepreneurship status of male adults and their recalled early antisocial rule-breaking behavior in adolescence, the present study utilized prospective longitudinal data from a Swedish cohort study to clarify the connection between antisocial rule-breaking, crime, and entrepreneurship by applying a developmental perspective. Regression results, which controlled for early socioeconomic background and intellectual competencies, indeed identified early antisocial rule-breaking behavior in adolescence as a valid positive predictor of a subsequent entrepreneurial career in adulthood in men (but not in women). In contrast, registered crime (teenage crime, adult crime, and prototypical trajectories of criminal behavior) as well as rule-breaking attitude in adolescence, as a more latent form of early antisocial tendencies, were relatively unimportant in the prediction of entrepreneurship in both genders. The results are discussed with a focus on rule-breaking and agency theories of entrepreneurship, youth theories, and the importance of looking at gender differences in entrepreneurial development.     

Entrepreneurship research and practice: a call to action for psychology

Entrepreneurship is a major source of employment, economic growth, and innovation, promoting product and service quality, competition, and economic flexibility. It is also a mechanism by which many people enter the society's economic and social mainstream, aiding culture formation, population integration, and social mobility. This article aims to illuminate research opportunities for psychologists by exposing gaps in the entrepreneurship literature and describing how these gaps can be filled. A "call to action" is issued to psychologists to develop theory and undertake empirical research focusing on five key topic areas: the personality characteristics of entrepreneurs, the psychopathology of entrepreneurs, entrepreneurial cognition, entrepreneurship education, and international entrepreneurship. Methodological issues are discussed and recommendations provided. It is shown that psychologists can help identify the factors that influence new venture creation and success and inform the construction of public policy to facilitate entrepreneurship.     

Nascent entrepreneurship and the developing individual: Early entrepreneurial competence in adolescence and venture creation success during the career

What predicts a person's venture creation success over the course of the career, such as making progress in the venture creation process and multiple successful venture creations? Applying a life span approach of human development, this study examined the effect of early entrepreneurial competence in adolescence, which was gathered retrospectively by means of the Life History Calendar method. Human and social capitals during the founding process were investigated as mediators between adolescent competence and performance. Findings were derived from regression analyses on the basis of prospective and retrospective data from two independent samples (N = 88 nascent founders; N = 148 founders). We found that early entrepreneurial competence in adolescence had a positive effect on making progress in the venture creation process. Nascent founders' current human and social capital also had a direct effect, but it did not mediate the effect of early competences. Finally, the data revealed that early entrepreneurial competence in adolescence positively predicted habitual entrepreneurship (multiple successful venture creations) exhibited over a longer period of the individual career (specifically, 18 years). In line with the results from prospective longitudinal studies on early precursors of entrepreneurship, our findings underscore the long neglected importance of adolescent development in the explanation of entrepreneurial performance during the subsequent working life.     

Public Entrepreneurship as Social Creativity

The article begins with an overview of the innovation process and the entrepreneurial process, each treated as separate but interrelated phenomena. The innovation process tracks the evolution of a new idea through time, whereas the entrepreneurial process tracks the activities that entrepreneurs develop to promote and defend the idea against its detractors. The model of innovation and entrepreneurship introduced distinguishes between individual and collective entrepreneurship and identifies two types of collective entrepreneurship: team entrepreneurship and functional entrepreneurship. A Minnesota case study demonstrates the power of both team and functional entrepreneurship. It also illustrates how important the linkages are between the entrepreneurs and their larger community. An innovative idea's development and survival depends on an “ecology of organizations” that provide “venture” capital for analysis and experimentation. The vast networks of contacts and associations represent a form of social capital just as important as the community's economic capital. In this case, both aspects of social creativity—the community resources and the network of social relations—were found to be instrumental in passing and implementing the first public school choice program in the country.     

Entrepreneurship in young adults: Initial findings from the young entrepreneurs study

The scientific study of youth entrepreneurship is truly in its infancy, with research on the development of entrepreneurship constrained by theoretical foundations that rely on static, trait-like approaches that equate entrepreneurship with stable personality characteristics. In this article, we define entrepreneurship as a fluid process that relies on the bidirectional interplay between a developing individual and his or her context. We report initial findings from the Young Entrepreneurs Study that clarify how entrepreneurial intentions and actions manifest in youth. We present quantitative analyses that examined the relations between entrepreneurial strengths and entrepreneurial activities in a sample of 3461 college students, and we describe the results of semi-structured interviews from a 48-person subset of our larger sample that explored how entrepreneurial intentions and actions manifested in our sample. We describe a mixed-method triangulation that integrates these two sets of findings, then discuss implications for future research.     

EQ-nomics: Understanding the relationship between individual differences in Trait Emotional Intelligence and entrepreneurship

Past studies highlight the importance of Trait Emotional Intelligence (EI) in the prediction of career success. Given the evidence that trait EI predicts job performance and job satisfaction, it is reasonable to expect this construct to also predict other forms of career success. In this study, we examine whether EI predicts entrepreneurship; that is, whether higher trait EI is linked to entrepreneurial behaviours and entrepreneurial success, and whether any effects of trait EI on entrepreneurship are independent of the personality trait of Core Self-Evaluations, demographic variables, and individual differences in entrepreneurial personality. Results show that trait EI predicts only some entrepreneurial outcomes beyond other variables examined, and with small effect sizes. This suggests that individual differences in entrepreneurship result only in part from inter-personal differences in trait EI. Implications for research and practice are discussed.     

EQ-nomics: Understanding the relationship between individual differences in Trait Emotional Intelligence and entrepreneurship

Past studies highlight the importance of Trait Emotional Intelligence (EI) in the prediction of career success. Given the evidence that trait EI predicts job performance and job satisfaction, it is reasonable to expect this construct to also predict other forms of career success. In this study, we examine whether EI predicts entrepreneurship; that is, whether higher trait EI is linked to entrepreneurial behaviours and entrepreneurial success, and whether any effects of trait EI on entrepreneurship are independent of the personality trait of Core Self-Evaluations, demographic variables, and individual differences in entrepreneurial personality. Results show that trait EI predicts only some entrepreneurial outcomes beyond other variables examined, and with small effect sizes. This suggests that individual differences in entrepreneurship result only in part from inter-personal differences in trait EI. Implications for research and practice are discussed.     

A Conceptualization of Entrepreneurial Curiosity and Construct Development: A Multi-Country Empirical Validation

The purpose of this article was to fill a gap in the literature regarding the conceptualization and measurement of entrepreneurial curiosity. Although research in other fields suggest that different types of curiosity exist, no conceptualization research has yet been done in the field of entrepreneurial curiosity. This research aimed to develop a construct of entrepreneurial curiosity and tested it on multi-country empirical samples (Slovenia and the United States). Items for the questionnaire were developed after an in-depth literature review and detailed interviews with entrepreneurs and experts in two stages. The data from the survey were analyzed using exploratory and confirmatory factor analysis. The results of this study showed that entrepreneurial curiosity can be an independent construct dimension in relation to other types of curiosity. Entrepreneurial curiosity can be used as a new concept and measure in research. The construct can be tested on a sample of nonentrepreneurs in a multi-country sample and together with other determinants in a future model. With the measure of entrepreneurial curiosity, society can test individuals and encourage them to become active in entrepreneurship.     

Risk Propensity,Self-Regulation,and Entrepreneurial Intention: Empirical Evidence from China

Drawing on a self-regulation perspective, we develop and test a theoretical model linking risk propensity to entrepreneurial intention through the mechanisms of entrepreneurial self-efficacy and regulatory focus. Using survey data collected from a sample of 210 employees and managers in China, the results indicated that entrepreneurial self-efficacy and promotion focus (but not prevention focus) are positively associated with entrepreneurial intention. Furthermore, these two self-regulatory mechanisms partially mediate the relationship between risk propensity and entrepreneurial intention. Implications for entrepreneurship research and practice are offered.     

Prosperity Beliefs and Value Orientations: Fueling or Suppressing Entrepreneurial Activity

Entrepreneurs tend to think differently than nonentrepreneurs. Among the differences are values prizing achievement and self‐direction, while downplaying tradition and conformity. Religion is an important correlate to human values. Nevertheless, previous research has failed to explore adequately the connections among religious beliefs, human values, and entrepreneurial outcomes. The purpose of this study is to test these relationships with a focus on beliefs that God rewards the faithful with material prosperity. We test eight hypotheses using a national survey of working adults. Results of a multigroup path model reveal that value orientations of self‐enhancement, openness to change, and conservation are associated with entrepreneurial attitudes of opportunity recognition and risk willingness. These attitudes likewise correlate with new business creation. Prosperity beliefs moderate the impact of values and entrepreneurial attitudes on the likelihood of starting a new business, but prosperity beliefs by themselves show little direct impact on entrepreneurial attitudes or action.     

Professional News Section

Advances in our knowledge of entrepreneurship are enabling progress to be made. In this article, entrepreneurship is considered as a process in which the entrepreneur and the entrepreneurial process are aspects of the same phenomenon. In order to capture this process, a social constructionist theoretical framework is adopted. The article develops an explanation of how the social construction of the entrepreneurial personality may be placed in the context of the social construction of their business reality. Fundamental defining assumptions are discussed, in particular, the opportunistic behaviour of the individual to whom the attribution ''entrepreneur'' is made. Finally, a seven-point research agenda is presented.     

数字生态系统中创业机会的形成与发展：基于社会资本理论的探究

数字创业浪潮方兴未艾, 机会属性变化引起的数字创业机会形成与变化规律尚未被揭示。本研究以数字生态系统作为研究情境, 分析创业者利用数字生态系统可供性积累的社会资本, 如何影响创业机会形成与发展。从机会的合意性维度和内容维度两方面解释创业机会的变化规律, 考察创业者认知监控与新创企业数字化程度对这一路径的调节作用。本研究拓展社会资本理论在数字创业背景下的应用, 深化数字生态系统中的创业机会研究, 有助于指导创业者利用数字平台开展“破坏性创造”, 提升机会识别质量和效率, 促进创业生态系统建设。     

What Leads Entrepreneurial Employees to Want to Quit,or Stay in,Their Job? Exploring Two Conflicting Mechanisms

Past turnover research has posited personality traits as important antecedents to quit intentions. Nevertheless, previous literature has not investigated the relationship between employees’ entrepreneurial tendencies—a constellation of domain specific traits—and turnover. Drawing on dispositional trait theory and attraction-selection-attrition theory, we propose engagement and intentions to start a business as mediators of the relationship between entrepreneurial tendencies and quit intentions. We test our predictions in a sample of full-time employees from the United Kingdom (N = 224). In line with our hypotheses, an inconsistent mediation is found, where both positive and negative links between entrepreneurial tendencies and turnover intentions were mediated by engagement and intentions to start a business respectively. Thus, entrepreneurial employees were more likely to be engaged, but at the same time also more likely to be considering starting their own business, leading to a conflicting relationship to turnover intentions. The current study informs the human resource management literature concerning the motivational mechanisms explaining turnover intentions among entrepreneurial employees. It also provides practical insights with regards to the effective management of this workforce.     

未来时间洞察力与大学生职业决策自我效能感的关系:领悟社会支持与自尊的链式中介

为考察未来时间洞察力对大学生职业决策自我效能感的影响及其作用机制,本研究采用未来时间洞察力量表、领悟社会支持量表、自尊量表和职业决策自我效能感量表,对756名高校学生进行调查。结果表明:(1)未来时间洞察力、领悟社会支持、自尊、职业决策自我效能感两两之间存在显著正相关;(2)社会支持和自尊在未来时间洞察力与职业决策自我效能感之间起显著的中介作用。具体为三条中介路径:一是社会支持的单独中介作用; 二是自尊的单独中介作用; 三是社会支持和自尊的链式中介作用。研究揭示了未来时间洞察力与大学生职业决策自我效能感的关系及其作用机制,拓展了大学生职业决策自我效能感的影响因素,对大学生的职业指导具有一定的现实意义。     

The effect of gender stereotype activation on entrepreneurial intentions

In this study, the impact of implicit and explicit activation of gender stereotypes on men's and women's intentions to pursue a traditionally masculine career, such as entrepreneurship, was examined. On the basis of stereotype activation theory, it was hypothesized that men and women would confirm the gender stereotype about entrepreneurship when it was presented implicitly but disconfirm it when it was presented explicitly. Hypotheses were tested by randomly assigning 469 business students to one of 6 experimental conditions and then measuring their entrepreneurial intentions. Results supported the hypothesis when entrepreneurship was associated with stereotypically masculine characteristics but not when it was associated with traditionally feminine characteristics. Men also had higher entrepreneurial intention scores compared with women when no stereotypical information about entrepreneurship was presented, suggesting that underlying societal stereotypes associating entrepreneurship with masculine characteristics may influence people's intentions. However, men and women reported similar intentions when entrepreneurship was presented as gender neutral, suggesting that widely held gender stereotypes can be nullified. Practical implications and directions for future research are discussed.     

Consumer intention to purchase and corporate social responsibility: Evidence from an experiment in an entrepreneurial context

Previous research has addressed the effects of corporate social responsibility (CSR) initiatives on consumer purchase intention (CPI). However, most of the empirical evidence is based on the analysis of mature large-scale firms; much less examines the effects of CSR initiatives on CPI in entrepreneurial contexts. In this study, we address this gap by investigating whether entrepreneurial start-ups' declaration of CSR engagement affects consumers' purchasing intent. We assert that consumers may consider firms' CSR engagement as a signal for unobserved product quality. We exploit a vignette experimental approach to test our theoretical predictions. In our experiment, participants received online invitations to subscribe to an electronic catalog that advertised various products supplied by entrepreneurial start-ups. The invitations are of five types, some of which presenting different CSR-related information on the suppliers to the participants. Overall, we find that the displayed information on CSR engagement promotes participants' willingness to subscribe to the electronic catalog, indicating that consumers will increase their purchase intentions for ethically oriented suppliers. Moreover, we find that among all the initiatives, external CSR initiatives (social contribution and environmental responsibility) promote consumers' intentions to purchase most effectively. To the best of our knowledge, our study is the first to explore the effects of different CSR initiatives on entrepreneurial start-ups in entrepreneurship literature. We highlight the heterogeneous effects of CSR initiatives on CPI, contributing new insights to research on CSR and consumer behavior.