“Pivot Like Your Life Depends On It!” Mastering Early-Stage Business Experimentation
Entrepreneurs struggle to pivot due to identity-based resistance, but overcoming this may be critical for business model experimentation. Convergent mixed methods reveal that entrepreneurial experience, startup mentoring, and team size enable pivoting, particularly regarding value propositions.
“I got your back, Dear!” The Power of Dynamic Entrepreneurial Duos
Despite the marital status of most entrepreneurs, our understanding of spousal influence on entrepreneurship remains limited. We conducted qualitative analysis on 18 spouse-entrepreneur pairs to explore the interactive nature and evolution of venture-related roles within couples. The study reveals that aligning entrepreneurial and spousal roles enables progress through innovation, creation, and growth stages. This extends existing literature on venturing roles, highlighting the significant impact of spouses in entrepreneurship.
Limits of Entrepreneurial Training
The study highlights the potential adverse effects of action-oriented entrepreneurship training programs on trainees' entrepreneurial self-efficacy. The researchers suggest that error mastery orientation determines how trainees respond to complex problems during the program. Trainees with high error mastery orientation are less likely to experience decreases in self-efficacy when facing problems, while those with low error mastery orientation are more vulnerable. Understanding these self-regulatory factors can provide insights into how to mitigate the adverse effects of such training programs.
How Founding Teams’ Diversity Shapes Culture and Impacts Venture Success
The paper focuses on how a founding team's cognitive diversity shapes the creation of a venture's culture and how this impacts venture outcomes such as reliability, legitimacy, and stakeholder engagement. The model presented in the paper serves as an initial step towards understanding culture creation in new ventures, hoping to inspire further research on the topic.
How Entrepreneurs Avoid Burnout and Thrive
The study reveals that despite high work engagement and low recovery levels, entrepreneurs avoid burnout and accumulate positive psychological outcomes by investing in more work engagement in a positive environment. This positive workaholism is an adaptive psychological strategy that helps entrepreneurs stay in control of their business and gain personal benefits.
The Cost of Financing Sustainable Entrepreneurship
The study examines the relationship between startups' ESG properties and their financial performance in blockchain-based crowdfunding campaigns.
Don't mind me, Boss, if I become your Next Competitor
The study analyzes how the market overlap between startups founded by former employees of parent organizations affects their performance. The researchers propose that market overlap has a curvilinear relationship with the likelihood of survival of spin-outs. The previous hierarchical position of founders moderates this relationship. Market overlap helps reduce uncertainty, but too much overlap may lead to hostile actions by parent organizations, creating disruptive competition that lowers spin-outs' survival. The study uses European biotech spin-outs and their parent firms as a sample and finds support for the hypotheses.
Grand Opportunities
An analysis of research on the current scenario an opportunities of the intersection between grand challenges and entrepreneurship, and opportunities for fields of study to make the matter visible.
Balancing stakeholders to the right point
An analysis of research on tensions in corporate venture capital (CVC) and the effect of tensions between the corporate parent versus the startup/venture capital (VC) world, to develop an understanding of contradictory goals and multiple stakeholder expectations, and how these tensions can be managed.
AI and entrepreneurship synergy
An analysis of the potential possibilities at the intersection of artificial intelligence and entrepreneurship
The need for high scope solutions
An analysis of the literature regarding grand challenges, the need for scalable solutions and the roles stakeholders play in this field
Internal development growth
Impact of Corporate Venture Capital (CVC) on start-ups, and how this can influence stakeholders decisions
Investors drawing limit lines
Importance of adjusting expectations between CEOs and investors to better reflect the reality of businesses
The environment advantage
How political, economical, and other conditions in the business environments can impact start-ups
Walls to tear down
An analysis of the impact business receive from government limitations and how these set the landscape for entrepreneurs
Ego trip: a journey to nowhere?
In terms of investment in start-ups, decisions made based on ego can be a game changer
The closer the representation, the better?
What entrepreneurs need to consider in terms of prototyping to maximize chances of crowdfunding
You don’t want to be too distinct!
An analysis of the optimal point that favors the most products within a company