Entrepreneurship Theory and Practice

In this article, we study the determinants of corporate entrepreneurial intention (CEI) within small and newly established firms. Given that in these ventures, entrepreneurial activities usually occur as a result of individuals’ behaviors, the CEI of their founders is key to explaining these companies’ ability to become engaged in entrepreneurial actions. Building on the theory of planned behavior, we conceptualize how individual characteristics and contextual variables influence CEI. Our theoretical model of the micro–foundation of CEI is tested on a sample of 200 entrepreneurs, founders of 133 new technology–based firms.

Results show that CEI is influenced by situationally specific motivation, individual skills, and perceived environmental dynamism. Managerial implications are discussed.

This paper reports the results of a 16-country study into the attitudes of owner-managers to both business and family decisions. Three clusters of attitudes emerged—those who wished to involve their family, those who wished to strike a balance, and those who wished to exclude the family. The paper concludes that there is a set of attitudes towards the family and the business that consistently combine to divide owner-managers. This research highlights the need to examine this perspective and to explore further how it may vary across countries.

This article explores how the family Influences an entrepreneur's career. There are various points In time where family and entrepreneurial dynamics intersect. These Include: (1) early experiences In the entrepreneur's family of origin; (2) family Involvement and support of early start-up activities; (3) employment of family members In the new venture; and (4) involvement of family members In ownership and management succession. The article explores each of these four areas and suggests research questions that need to be explored to develop a better understanding of the relationship between entrepreneurs and their families.

Mặc dù nghiên cứu về kinh doanh gia đình đã nổi bật công nhận rằng các công ty gia đình được thúc đẩy bởi các yếu tố phi tài chính, nhưng văn học vẫn còn tương đối im lặng về việc liệu các công ty này có khả năng tích cực hơn các công ty khác trong việc tiếp cận với các bên liên quan, những người thường có yêu cầu phi tiền tệ. Bài báo này lập luận rằng các công ty gia đình có xu hướng áp dụng các hoạt động tham gia với các bên liên quan một cách chủ động (PSE) vì bằng cách làm như vậy, họ duy trì và tăng cường tài sản xã hội cảm xúc (SEW) của mình. Chúng tôi khám phá tác động của các khía cạnh khác nhau của SEW đối với PSE và xác định các logic đặc thù giải thích việc áp dụng các thực tiễn như vậy. Cuối cùng, chúng tôi đưa ra một tập hợp các chủ đề cho các nghiên cứu trong tương lai.

Business goals in family businesses are often subsumed by family goals. As a result, reference performance for each family business is different. This makes the popular financial performance measure of publicly traded companies, profit maximization, insufficient for family businesses. We believe that for evaluating family businesses, the family members‘ satisfaction with firm performance is a better measure of performance. In the study, we identify three predictors of family members‘ satisfaction with firm performance and test the proposed linkages on two samples of family businesses.

This paper focuses on the use of content analysis, which is a potentially valuable yet infrequently used research method, in the study of management and entrepreneurial endeavors. Specifically, attention is given to the use of content analysis in regard to the study of Initial Public Offerings since there is an abundance of IPO data sources which are amenable to this research method. We conclude with a discussion of five research themes to which our understanding might be improved with the application of content analysis.

This study investigates the possible funding gap for women–owned compared with men–owned new businesses. With longitudinal data from new businesses in Norway, gender differences in funding perceptions and behaviors, as well as in actually obtained amounts of funding, are explored. While there are few detected gender differences with respect to funding perceptions and behavior, women obtain significantly less financial capital to develop their new businesses. Moreover, the results indicate that the lower levels of financial capital that women business founders achieve are associated with lower early business growth compared with their male counterparts.

Previous research has found that female-owned businesses generally underperform male-owned businesses on a variety of measures such as sales and profit. Further, this underperformance appears to persist even after controlling for demographic differences. However, previous studies have tended to limit their assessment of performance to output measures (sales or profit, for example) without relating these output measures to appropriate inputs (such as total assets or owner's equity). This would appear to be a significant oversight.

After controlling for industry, age of business, and the number of days a business operated, this study finds no significant differences between male- and female-controlled businesses with respect to total income to total assets (TITTA), the return on assets (ROA), or the return on equity (ROE). Interestingly, if the control variables are removed, there is evidence to suggest that female-controlled businesses outperform male-controlled businesses.