Entrepreneurship: introduction

Many investigators from diverse perspectives focus their studies on the area of entrepreneurship due to its important role as an engine of economic and social development. The aim of this monograph is to provide an overview of the state of entrepreneurship research. It presents the controversy about the domain of the study and whether entrepreneurship can be considered a legitimate field of knowledge. We study the aspects that differentiate people who are entrepreneurs from those who are not from the perspective of cognitive psychology and we discuss the role of entrepreneurial education. The work is also an attempt to understand the factors that determine the durability of a company such as resources, location, personality traits, strategies, organizational systems, etc. Lastly, we examine the reality of entrepreneurship research in Spain.     

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.     

What Makes Muslim Women Entrepreneurs Successful? A Field Study Examining Religiosity and Social Capital in Tunisia

The present study sheds light upon critical factors that help explain the entrepreneurial success among Muslim women living in a democratic Tunisia, a Muslim-majority country considered by many to be the lone Arab Spring success story. We hypothesized that successful entrepreneurs need social capital, including the capital that comes from marriage and high levels of wasta (the Arabic concept of having personal connections with influential others). Moreover, given the lack of empirical attention paid to the role of the culture, language, and customs associated with Islam on women’s empowerment, we examine whether religiosity is related to entrepreneurial performance among Tunisian women. Data collected with 84 female entrepreneurs participating in entrepreneurship training programs across Tunisia reveal that two forms of social capital, marital status and wasta, are related to training center directors’ ratings of women entrepreneurs’ performance, suggesting that social capital is a critical asset for Muslim women entrepreneurs. Religiosity, on the other hand, had no statistically significant relationship with entrepreneurial performance. Our study contributes to research on entrepreneurship by identifying wasta as a form of social capital that may be necessary for women entrepreneurs to succeed in the Middle East and North Africa and by taking an initial step towards better understanding the empirical (and controversial) relationship between religiosity and career success among Muslim women. We recommend that training organizations supporting entrepreneurs directly assist women in the development of social capital and acknowledge, rather than ignore, that nepotism and wasta are linked to entrepreneurial success in some cultures.     

What Facilitates Cultural Entrepreneurship? – A Study of Indian Cultural Entrepreneurs

The importance of a ‘cultural industry’ to a national economy and the development of a “creative society” has grown increasingly. However, research on cultural entrepreneurship is in its early stages and is yet to catch the attention of mainstream entrepreneurship and creativity scholars. In this article the objective is to enhance our knowledge and understanding of the key aspects that cultural entrepreneurs find facilitating their entrepreneurship. Studying Indian cultural entrepreneurs and applying a qualitative method, this paper identifies seven such aspects: cultural value creation, intrinsic motivation and external recognition, minimized risk, contextual understanding, innovation and learning, perseverance and ethical pursuit of cultural activity, and social networks.     

Contextualising Risk and Building Resilience: Returnees Versus Local Entrepreneurs in China

Risk is a pivotal concept in entrepreneurship research, as entrepreneurs constantly face uncertainty, ambiguity, setbacks, and stressful situations. Attitudes toward risk vary contingent upon individual risk preferences and cultural influences. Building resilience is critical for entrepreneurs to overcome obstacles, deal with risk, and grow their ventures. By juxtaposing effectuation theory and resilience literature, we compare the perceptions of risk held by Chinese returnees and local entrepreneurs and their coping strategies in building resilience. Our research reveals two types of coping approaches, namely effectual coping and causal coping. This study contributes to the comparative international entrepreneurship literature by contextualising the notion of risk held by entrepreneurs influenced by Eastern and Western cultures. Our study further contributes to the nascent literature on resilience in organisations by specifying the entrepreneurial occupational context and exploring the influence of cultures on resilience, and by identifying distinctive resilience-building coping strategies based upon cultural influences and interpretations of risk. Furthermore, we suggest that resilience can constitute one micro-foundation of effectuation theory in the context of entrepreneurship dealing with risk.     

Counseling would‐be entrepreneurs

The aim of this article is to provide counselors, academic advisers, and career coaches with a basic understanding of entrepreneurial careers. After presenting a brief history of entrepreneurship, the authors discuss various psychological, social, and economic factors associated with selecting, preparing for, and remaining successful in an entrepreneurial career. They also discuss various ways counselors can help aspiring entrepreneurs achieve their goals. An extensive annotated bibliography of online entrepreneurship resources is included.     

Finnish parents’ attitudes toward entrepreneurship education

This study set out to investigate parental attitudes toward entrepreneurship education as evaluative directing components of social representations. A nationwide sample of parents (N = 625) was asked to indicate their opinions on a set of statements about entrepreneurship education. The parents’ attitudinal orientation suggested that they would rather avoid entrepreneurship education than approach it. Additionally, parental evaluations contained indecision and polarised opinions, and most parents saw it as unlikely or were unsure whether their children would become entrepreneurs. Parental attitudes correlated with the established representations of education and subsequent policy stands, suggesting that entrepreneurship education has been made familiar by anchoring attitudes in the field of educational debates. It was suggested that current trends in educational policy and work life may stimulate the formation of polemical social representations pertaining to entrepreneurship education.     

Immigrants’ Transnational Entrepreneurial Activities: the Case of Ghanaian Immigrants in Canada

Immigrant entrepreneurship comes in two forms: domestic and transnational entrepreneurship. Domestic immigrant entrepreneurs depend on the host society for business success while transnational immigrant entrepreneurs depend on the contacts and partners in their countries of origin and other countries. In recent years, immigrants’ entrepreneurial activity has moved from the domestic to the transnational level because of the simultaneous business activities that such entrepreneurs conduct between their home and host countries. Transnational entrepreneurship has become one of the pathways that immigrants use to settle and integrate into the host society’s labor market, and at the same time contribute to their countries of origin. From this perspective, this paper explores the causes, nature, and practices of transnational entrepreneurial activities of Ghanaian immigrants in Canada. Using in-depth interviews and focus groups, the study finds that transnational entrepreneurship has become an essential strategy among Ghanaian immigrant entrepreneurs due to the large and growing number of immigrant communities and demand for ethnic products and services that are not produced in Canada. The study also finds that transnational entrepreneurship has become an avenue for immigrants to connect and create ties with Ghana and contribute to its economic development.     

Psychological Perspectives on Entrepreneurship: Cognitive and Social Factors in Entrepreneurs' Success

Why are some entrepreneurs so much more successful than others in starting new companies—ones that create wealth for their societies as well as themselves? Growing evidence suggests that the answer involves the influence of both cognitive and social factors. Successful entrepreneurs appear to think differently than other persons in several respects (e.g., they are less likely to engage in counterfactual thinking but more likely to show overconfidence in their judgments). Similarly, successful entrepreneurs appear to be higher in social competence —the ability to interact effectively with others (e.g., they are better at social perception and adapting to new social situations). These results suggest that the principles and findings of psychology can be invaluable to researchers in the field of entrepreneurship, providing important insights into the factors that influence entrepreneurs' success.     

创业失败与再创业意向的作用机制

近年来, 我国政府对创业支持力度不断加强, 创业活动日益活跃, 但失败率却居高不下。如何让创业者在遭遇失败后仍能保持再创业的意向是当前亟待解决的现实问题。拟综合采取横向问卷调查、纵向时间对比以及情景模拟实验的方法, 一方面探讨成就目标导向和社会比较在创业失败和创业失败学习之间的有中介的调节作用; 另一方面分析创业失败学习、创业自我效能感在创业失败和再创业意向之间的链式多重中介作用机制, 寻求由创业失败到再创业意向的不同路径, 这种探讨具有理论创新价值。依据实证研究的结论在实践中指导创业者通过上行比较, 锁定学习目标, 激发再创业意向; 通过提高自我怜悯水平, 使创业者摆脱消极情绪的困扰, 激发掌握性学习动机, 确立再创业的意向, 对于创业者具有重要指导意义。社会比较和自我怜悯的干预研究具有鲜明的中国文化特色。     

A study of factors that influence unemployed persons

The following research analyzes, through a field study, several relevant personality traits, or variables, that may be used to help the unemployed by directing them to entrepreneurship. Three sample groups (unemployed, employed, and entrepreneurs) were compared using several intrinsically motivating variables: knowledge, inclination to entrepreneurship, self‐efficacy, achievement needs, and propensity to act. The results showed that these variables are related and can be used as a medium of intervention to achieve the desired ends.     

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。     

An Empirical Comparison of Entrepreneurs and Employees: Implications for Innovation

Much has been written regarding the organizational changes needed to achieve entrepreneurship in established companies. Many corporate strategists conclude that above all others, a firm's "rank and file" have the intimate knowledge of business operations necessary to discover innovations within a corporation. However, little attention has been devoted to discovering a measure to identify the employees within a corporation who possess entrepreneurial characteristics and are thus likely to produce innovations. This exploratory study used external entrepreneurs as proxies for corporate internal entrepreneurs. The purpose of this study was to examine the effectiveness of two measures: Kirton's Adaption-Innovation Inventory (Kirton, 1976) and an adapted version of Roner' s Locus of Control Scale (Rotter, 1966) in distinguishing entrepreneurs from a population of employees. Participants (54 entrepreneurs and 79 employees) completed the 2 measures. Results indicated some significant differences between entrepreneurs and employees. Implications of the findings for research and practice are discussed.     

Risk propensity differences between managers and entrepreneurs and between low- and high-growth entrepreneurs: a reply in a more conservative vein

A recent article (W. H. Stewart & P. L. Roth, 2001) in the Journal of Applied Psychology presented the conclusion from meta-analysis that entrepreneurs have a higher risk propensity than managers and that this propensity is particularly pronounced among the growth-oriented. A previously unresolved question was said to be laid to rest and a "vital component" of a theory of entrepreneurship established. The present article disagrees and cites data from 14 studies not included in the Stewart and Roth (2001) analysis, adding up to a conclusion (supported by new meta-analyses) that entrepreneurs (and those with a growth orientation) are more risk avoidant. Thus, a conservative view, retaining the position that the role of risk propensity in entrepreneurship remains unresolved, is upheld. Potential explanations for the conflicting results are explored.     

Ethical Requirements and Responsibilities in Video Methodologies: Considering Confidentiality and Representation in Social Justice Research

In recent years, psychologists have begun to use video more frequently in qualitative research, in particular, within research on social justice. The non‐confidential nature inherent in video, however, raises new ethical challenges for the field of psychology to address. Building upon a growing literature on video‐based research, in this article, we use an illustrative case study to examine how researchers' sense of ethical responsibility can find guidance from, clash against, or fill gaps left by extant federal and disciplinary ethical requirements. We focus specifically on issues of confidentiality and representation, highlighting the challenges and possibilities that video creates in relation to participants' power, dignity, and participation and arguing that psychologists must systematically engage questions about ethical responsibilities throughout the design and implementation phases of a research project. In doing so, psychologists, their community partners, and students will be better able to articulate and problematize their assumptions and intentions regarding video work.     

A Comprehensive Model of Entrepreneur Role Stress Antecedents and Consequences

Purpose  The aim of this study was to systematize findings in role stress research into original and conceptually important abstract higher-order constructs and to develop and test a comprehensive structural equation model that examined such expanded conceptualizations of antecedents and consequences to entrepreneur role stress. Design/Methodology/Approach  Model tests were performed on data from a sample of 282 Swedish entrepreneurs (a usable rate of 22.5%) engaged in their first-year of venture activities. We used structural equation modeling, mediation tests and tests for common method bias to test the appropriateness of the model. Findings  We found that role stress can be explained by expansions of lower-ranked, less abstract constructs embedded in a multiple-indicator model of venture technology, venture environment, and entrepreneur personality. The analysis confirmed that role stress is an important mediator and that it has pronounced relationships to expanded conceptualizations of role-related rewards and exhaustion. Implications  This study advance role stress theory and existing knowledge about entrepreneurs and entrepreneurship when it introduces role stress and suggests it mediates the effects from personality traits, organizational and environmental characteristics, on higher-order conceptualizations of rewards and exhaustion. Originality/Value  With contributions from several distinct disciplines over a half decade, prior research has not paid much attention to show how role stress research can benefit from more abstract conceptualizations and empirical evaluation. By synthesizing and developing expanded higher-level conceptualizations that link diversities, we show that expanded conceptualizations effectively enable to introduce role stress to entrepreneurs and entrepreneurship.     

Toward an occupational classification for self-employed men: An investigation of entrepreneurship from the perspective of Holland's theory of career development

This study addressed entrepreneurship from the perspective of Holland's theory of career development. Sixty-four male entrepreneurs were interviewed and administered Holland's Vocational Preference Inventory. The respondents were classified as either Craft Entrepreneurs or Opportunistic Entrepreneurs, and the characteristics of the two groups were compared. The results of this study indicated that the Craft Entrepreneurs can be described as having a Holland occupational code of ERA, and the Opportunistic Entrepreneurs can be described as having a Holland occupational code of EAI. It is recommended that additional research should investigate self-employment as a distinct career option.     

The genetic basis of entrepreneurship: Effects of gender and personality

Extending previous research on the genetic underpinnings of entrepreneurship, we investigate gender differences in the genetic influences on the tendency of people to become entrepreneurs. We also examined two mediating variables through which genetic factors may impact this tendency: extraversion and neuroticism. Based on 1285 pairs of identical twins (449 male and 836 female pairs) and 849 pairs of same-sex fraternal twins (283 male and 566 female pairs), we found that females have a strong genetic influence and zero shared-environmental influences on their tendency to become entrepreneurs. In contrast, males show zero genetic influence, but a large shared-environmental influence. Extraversion and neuroticism mediate the genetic influences on women’s tendency to become entrepreneurs, whereas extraversion mediates shared-environmental influences on men’s tendency to become entrepreneurs. We discuss this sharp difference in genetic influences on entrepreneurship across gender groups and highlight the different challenges that men and women face in their entrepreneurial endeavors.     

Business owner-managers' descriptions of entrepreneurship: A content analysis

Abstract

Entrepreneurship is one of the most researched topics in business research. Findings have been mixed regarding the traits of entrepreneurs, and interest has grown in examining the behavioral aspects and business operations elements necessary for effective entrepreneurship, branching out from the focus on personality traits that has dominated the literature. We explored the area of entrepreneurship with the goal of developing a useful framework for viewing this domain. Content analysis was used to build the framework from business owner-managers' observations of entrepreneurial effectiveness. The construct categories and the overall dimensions and their relationships to entrepreneurship are reported. The result is the beginning of a process to describe an entrepreneurship system. Suggestions for future research and the continuation of entrepreneurship model development are offered.     

民营企业家的创业心理研究

在当前全民创业、全面创新的时代背景下,许多研究者探讨了民营企业家的创业心理和创业历程,该文在参阅国内外企业家创业研究相关文献的基础上,根据当前创业心理研究的重点,着重阐述了民营企业家创业的心理动因与环境影响、创业的心理历程与企业发展、创业企业家的心理素质与胜任特征、创业的心理误区与决策失误、以及创业企业家的社会责任与利他行为等.