Creating opportunities for institutional entrepreneurship: The Colonel and the Cup in English County Cricket

This paper examines how actors within a mature cultural field use their field positions to create opportunities for institutional entrepreneurship. Our analysis of the product innovation of a Knock-Out Cup in English County Cricket between the 1930s and 1960s shows that when the economic viability of a mature cultural field is threatened, actors learn to recursively create market and political opportunities for institutional entrepreneurship by deploying the resources of their field positions in tactics targeted at shifting product category boundaries. We find that ‘lone hero’ institutional entrepreneurs who experience failure from working in relative isolation learn to acquire new resources and deploy them in new tactics leading to a more collective approach, which is necessary for disrupting the institutional gatekeeping work that maintains a mature cultural field.     

When social movements close institutional voids: Triggers,processes, and consequences for multinational enterprises

Our research builds on existing literature examining institutional voids in emerging economies. Using data from two cases of mining FDI in Argentina, we conceptualize the triggers, processes and consequences of informal institution-building by a social movement. We found the cases to exhibit different ‘community sustainability orientations’, enabling two contrasting strategies, ‘bargaining’ and ‘gatekeeping’, to address the existing institutional void. This led to the development of new formal institutions – regulated CSR for the former and legal ban on mining operations for the latter case. Our study thus offers insights into the processes through which institutional entrepreneurship by social movements influences MNEs.     

Assessing the maturity of crowdventuring for corporate entrepreneurship

Corporate entrepreneurship is a process of strategic renewal and development of an existing business through the creation of new products, services, and activities, as well as new competitive postures and independent ventures. The performance of this process, which leverages the creativity and the initiative spirit of employees and managers, thus relies on the capacity of the organization to create favorable conditions for the emergence of such latent entrepreneurial potential. The development of participatory innovation models and collective intelligence offers new insights for conducting research on factors enabling corporate entrepreneurship. In particular, the internal company ‘crowd’ can be investigated with the purpose of studying the conditions under which the corporate entrepreneurship process can be successfully nurtured and conducted. In such view, this article moves from an extended review of corporate entrepreneurship and organizational innovation literature to define the concept of crowdventuring and to present an assessment tool aimed at evaluating the maturity of the crowdventuring process within an organization. The tool, which captures both individual and organization-related factors, is also used for an illustrative application into a multinational IT company. Some implications are drawn at the theory and practitioner levels.     

The intersection of entrepreneurship and selling: An interdisciplinary review,framework, and future research agenda

Selling is integral to entrepreneurship, yet it has rarely been a focal topic of analysis for entrepreneurship scholars. To address this, we undertake a broad-ranging systematic literature review of research that in some way explores selling within entrepreneurial contexts. We inductively develop a framework that orders extant research into selling antecedents, activities, contexts, and outcomes. Then, drawing on these entrepreneurship-selling intersections, we suggest opportunity theory can be extended by integrating critical insights from selling literatures. In particular, we address ego-centric views of entrepreneurship which prioritize entrepreneurial agency, and advocate for the incorporation of customer agency into synchronized processes of opportunity identification, refinement, and exploitation. The article concludes that a promising avenue for future theory development resides in the study of situated sales interactions, which can serve as an empirical vista to the underexplored entrepreneur-customer nexus.     

The theoretical side of teaching entrepreneurship

There is an on-going debate in the entrepreneurship academy about whether we can actually teach students to be entrepreneurs. Its resolution is inextricably connected with our theoretical assumptions because they affect how and what we teach. This article is the first in a set of two contained in this issue that argues that we should develop more refined, cumulative theory and teach it to students in a way that emphasizes learning by doing, which should accelerate student mastery. This first article treats the theoretical side of teaching entrepreneurship, whereas the second addresses the pedagogical side of entrepreneurship theory.Those who advocate that entrepreneurship can be understood and taught to students assume that researchers will eventually develop a more general theory of entrepreneurship. Theory is an essential part of what we teach because we do not know any other way to help students anticipate the future, which is a key to entrepreneurial success, unless we counsel them to rely on luck or intuition. The limitation of luck and intuition is that we do not know how to teach either of them. If students could accurately anticipate the future, they could allocate their resources in the most productive manner, which would ensure their survival, satisfaction and prosperity. Despite the current limitations of our theorizing, theory still offers the most promise as course content for students.This article sides with Kuhn (1970) who argued that theory is the most practical thing that we can teach to students. Its purpose is to comment on the progress to date in developing entrepreneurship theory. It begins by analyzing the contents of 18 syllabi provided by participants at a retreat for entrepreneurship scholars. It notes a wide divergence in topics, and possible causes for this divergence, which seem to be characteristic of a developing academic discipline. It appeals for more theory in our courses and suggests questions to which entrepreneurship scholars can provide distinctive answers when compared with those offered by scholars from other disciplines.One way to add more theoretical content to entrepreneurship courses is to teach students what they ought to do, which is coded language for theory. In addition, instructors should not merely describe what entrepreneurs do, particularly in light of the observation that most of them fail and accordingly have been described as ill-fated fools. Finally, assuming that scholars can offer a more general theory of entrepreneurship, they would be able to emphasize more deductive approaches as opposed to inductive ones.These appeals for more theoretical content depend on several assumptions, which include: (1) the improbability that students can encounter circumstances that would be similar to anecdotal lessons learned in entrepreneurship school; (2) the existence of a process that can be explained theoretically; (3) studying ideal types can be discouraging to aspiring entrepreneurs if they do not fit a special profile; (4) the high failure rate among entrepreneurs makes suggesting to students that they ought to pattern their activities after them seem illogical; (5) studying average profiles, anecdotal recommendations, rules of thumb or war stories can only lead to average returns, given semi-strong information efficiency; and (6) leveraging the motivational benefits of studying successful entrepreneurs may have detrimental, unintended consequences, among others.This article notes possible causes of non-cumulative theory building and suggests several opportunities to build cumulative theory. Although it acknowledges that the field of entrepreneurship currently lacks cumulative theory, it offers a contingency approach for teaching entrepreneurship, which is actually very similar to the scientific method used by scholars to develop hypotheses about the future.     

A metacultural approach to predicting self-employment across the globe

Drawing from neo-institutional theory, we examine the relationship between preference for entrepreneurship and actual entrepreneurship behavior across multiple countries and cultures. We elucidate how multiple societal-level cultural models, namely Hofstede, Global Leadership and Organizational Behavior Effectiveness (GLOBE), and Schwartz affect the individual-level process connecting expressed preference for self-employment and actual behavior. Our hypotheses were tested using a multilevel technique on a sample of 20,755 individuals across 24 countries. The findings indicate that the moderating effect of predominant cultural cognition is partially supported. Contributions and implications for theory and practice are also discussed.     

Writing bold,broad, and rigorous review articles in entrepreneurship

Despite the importance of review articles in entrepreneurship, specific guidance to authors remains limited. Alongside JBV's rolling annual review issue, we provide authors practical tips for preparing review articles. Building on widely accepted principles employed in general management review articles, we tailor our guidance to the “entrepreneurship” way of writing review articles in entrepreneurship. Specifically, we call on authors to write bold, broad, and rigorous reviews that exemplify JBV's mission to publish and disseminate high-quality entrepreneurship research.     

Investigating social entrepreneurship: A multidimensional model

Social entrepreneurship is an emerging area of investigation within the entrepreneurship and not-for-profit marketing literatures. A review of the literature emerging from a number of domains reveals that it is fragmented and that there is no coherent theoretical framework. In particular, current conceptualizations of social entrepreneurship fail to adequately consider the unique characteristics of social entrepreneurs and the context within which they must operate. Using grounded theory method and drawing on nine in-depth case studies of social entrepreneurial not-for-profit organizations, this paper addresses this research gap and develops a bounded multidimensional model of social entrepreneurship. Implications for social entrepreneurship theory, management practice, and policy directions are discussed.     

创业绩效结构模型:基于创业绩效测量理论的修正

创业在实践中的回归引起了学术界的极大关注,但是创业绩效的内涵却依旧模糊。本文紧紧围绕"创业绩效是什么"这一创业领域的核心问题,在修正了基于合约的创业绩效理论的基础上,构建了由生存、成长、声誉等三个维度组成的创业绩效结构模型,其有效性在实证研究中通过验证性因素分析得到了验证。     

Entrepreneurship as the nexus of individual and opportunity: A structuration view

We propose structuration theory as a useful lens through which to view the entrepreneurial process. Extending Shane and Venkataraman's work (Shane, S., Venkataraman, S., 2000. The promise of entrepreneurship as a field of research. Academy of Management Review 25, 217–226), entrepreneurship is presented as the nexus of opportunity and agency, whereby opportunities are not singular phenomena, but are idiosyncratic to the individual. Entrepreneurial ventures are the medium and outcome of the entrepreneurs' actions. The traditional view of entrepreneurship is that entrepreneurs fill market gaps. A structuration view proposes that the entrepreneur and social systems co-evolve. The presentation of structuration theory offers a robust, and hereto underrepresented, perspective of the entrepreneurial process.     

Sitting on the fence - Untangling the role of uncertainty in entrepreneurship and paid employment for hybrid entry

Prior research agrees that uncertainty in entrepreneurship shapes individuals' decision between hybrid and full-time entry, but largely neglects the role of uncertainty in paid employment. By theorizing that hybrid entrepreneurship is a portfolio of real options in entrepreneurship and paid employment, we argue that both uncertainty in entrepreneurship and paid employment as well as their interplay determine individuals' decisions regarding their mode of entry into entrepreneurship. We validate our theory using data from the Current Population Survey and the Study of Income and Program Participation and contribute to the hybrid entrepreneurship literature and research on uncertainty in entrepreneurship.     

From homo economicus to homo agens: Toward a subjective rationality for entrepreneurship

The aim of this article is to expound the subjectivist position on the concept of ‘rationality.’ To begin, we review the longstanding and still ongoing debate in philosophy over the differences (or not) between the natural and social sciences. While positivism, which supposes no difference between the sciences, has been the tradition whence the economic rationality construct (homo economicus and its modern variants) has derived, a longstanding interpretivist tradition holds that social science is innately distinct from, and should be studied differently than, the natural sciences. From this interpretivist vantage, we assess and critique the positivist conception of rationality and put forth a subjectivist account of rationality as a process in its stead. Rationality here emerges as an intentional process of betterment over time. Because entrepreneurship is definitionally such a process, we explore the implications of this process rationality for entrepreneurial action theory.     

Towards a theory of entrepreneurial teams

This article examines the role of entrepreneurial teams in processes of entrepreneurial discovery. It addresses two main questions. The first investigates the implications of economic theory for the possibility of team entrepreneurship. Because leading economic theories focus almost exclusively upon individual decision-makers, we propose a broader notion of entrepreneurship that includes enterprising teams as well as individuals. We define entrepreneurship as a profit-seeking problem-solving process that takes place under conditions of structural uncertainty.The second question examines the conditions that are conducive to joint entrepreneurial action and the formation of entrepreneurial teams. We suggest that bounded structural uncertainty and perceived strong interdependence arising from common interest can jointly “prime” team entrepreneurship.     

Overconfidence and entrepreneurship: A meta-analysis of different types of overconfidence in the entrepreneurial process

While research on overconfidence and entrepreneurship has grown rapidly in recent decades, extant studies provide conflicting theoretical predictions and empirical results about the role of overconfidence for entrepreneurship. To help resolve the controversy in the literature, we draw on information-processing theory to propose a theoretical framework that disentangles the influence of three types of overconfidence (i.e., overprecision, overestimation, and overplacement) in three major phases of the entrepreneurial process. The results of meta-analytical structural equation modeling (MASEM) based on 62 primary studies reveal varying effects of the three types of overconfidence in the entrepreneurial process. We discuss the implications of these findings and identify future research opportunities to advance this stream of research.     

A Model of Social Entrepreneurial Discovery

Social entrepreneurship activity continues to surge tremendously in market and economic systems around the world. Yet, social entrepreneurship theory and understanding lag far behind its practice. For instance, the nature of the entrepreneurial discovery phenomenon, a critical area of inquiry in general entrepreneurship theory, receives no attention in the specific context of social entrepreneurship. To address the gap, we conceptualize social entrepreneurial discovery based on an extension of corporate social responsibility into social entrepreneurship contexts. We develop a model that emphasizes mobilization and timing as underpinnings of social entrepreneurial discovery and offer distinct conceptual aspects and theoretic propositions instrumental to future social entrepreneurship research.     

Rigor and Relevance: On the Development of Entrepreneurship Research in China

This study examines the contributions of Chinese entrepreneurship research to academic knowledge and its practical implications. Specifically, we investigate how Chinese entrepreneurship research meets the standards of rigor and relevance based on a review of 64 papers published in five major scholarly journals in the Chinese mainland. Results show that Chinese entrepreneurship research has paid comparatively little attention to the “rigor” dimension, while focusing more heavily on practical relevance than on academic relevance on the “relevance” dimension. Future directions for China’s entrepreneurship research are also discussed.     

International entrepreneurship beyond individuals and firms: On the systemic nature of international opportunities

The present study approaches opportunities in international entrepreneurship from a systemic perspective. Based on research on the collectiveness of opportunities in international entrepreneurship and the concepts of activity and object from activity theory, we develop a systemic conceptualization of opportunity-oriented international entrepreneurship. Through an empirical study in Finland and Israel, we depict six collective opportunity beliefs, considered from the viewpoints of society, international venture, and outcome expectations. Furthermore, we induce three modalities for international opportunity as the object of collective activity and model systemic opportunity shaping as the core activity of international entrepreneurship.     

Ethics and entrepreneurship

As the study of entrepreneurship and the study of business ethics become increasingly established, the intersection of entrepreneurship and ethics is receiving increasing scholarly attention. In this paper, we review the research connecting ethics and entrepreneurship, classifying the literature into three broad themes; we also identify and integrate the key themes that emerge, and we offer suggestions for future research. We conclude by introducing the articles in this special issue.     

Advancing societal grand challenge research at the interface of entrepreneurship and international business: A review and research agenda

Societal grand challenges are increasingly attracting the attention of both entrepreneurship and international business scholars. While entrepreneurship focuses on the opportunities that emerge and need for bold and innovative solutions, international business research emphasizes the global reach of the challenges and role of multinational enterprises. Although both conversations are insightful, we argue that examining one without the other gives an incomplete picture on how to address grand challenges. In this paper, we conduct a systematic review of the conversation on grand challenges in the international business and entrepreneurship literature. Upon synthesizing the results, we create an integrated framework and research agenda for viewing grand challenges through an international entrepreneurial lens.