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  • 1. Acs, Z. J.
    et al.
    Karlsson, Charlie
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Introduction to Institutions, Entrepreneurship, and Firm Growth: From Sweden to the OECD2002In: Small Business Economics, ISSN 0921-898X, Vol. 19, no 3, 183-187 p.Article in journal (Refereed)
  • 2.
    Acs, Zoltan J.
    et al.
    LSE, London, UK, George Mason University, Faifax, USA.
    Braunerhjelm, Pontus
    Swedish Entrepreneurship Forum, Stockholm, Sweden.
    Karlsson, Charlie
    Jönköping University, Jönköping International Business School, JIBS, Centre of Excellence for Science and Innovation Studies (CESIS). Blekinge Institute of Technology, Karlskrona, Sweden.
    Philippe Aghion: recipient of the 2016 Global Award for Entrepreneurship Research2017In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 48, no 1, 1-8 p.Article in journal (Refereed)
    Abstract [en]

    Professor Philippe Aghion is the 2016 recipient of the Global Award for Entrepreneurship Research, consisting of 100,000 Euros and a statuette designed by the internationally renowned Swedish sculptor Carl Milles. He is one of the most influential researchers worldwide in economics in the last couple of decades. His research has advanced our understanding of the relationship between firm-level innovation, entry and exit on the one hand, and productivity and growth on the other. Aghion has thus accomplished to bridge theoretical macroeconomic growth models with a more complete and consistent microeconomic setting. He is one of the founding fathers of the pioneering and original contribution referred to as Schumpeterian growth theory. Philippe Aghion has not only contributed with more sophisticated theoretical models, but also provided empirical evidence regarding the importance of entrepreneurial endeavours for societal prosperity, thereby initiating a more nuanced policy discussion concerning the interdependencies between entrepreneurship, competition, wealth and growth.

  • 3.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Commercial Law.
    A Transaction Cost Rationale for Transition of the Firm within the Family2002In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 19, no 2, 123-133 p.Article in journal (Refereed)
  • 4.
    Brunninge, Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Wiklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    Corporate governance and strategic change in SMEs: The effect of ownership, board composition and top management teams2007In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 29, no 3, 295-308 p.Article in journal (Refereed)
    Abstract [en]

    The paper investigates how governance mechanisms affect the ability off small- and medium-sized enterprises (SMEs) to introduce strategic change. Previous research typically assumes that governance mechanisms operate independently of each other. Building on agency theory and insights from the literature on small firm governance, we hypothesize that governance variables related to ownership, the board of directors and the top management team all affect strategic change and that it is important to examine the interaction effects of these governance mechanisms. Using a longitudinal sample of over 800 SMEs, our general logic and hypotheses are supported by the analyses. We find that closely held firms exhibit less strategic change than do SMEs relying on more widespread ownership structures. However, to some extent, closely held firms can overcome these weaknesses and achieve strategic change by utilizing outside directors on the board and/or extending the size of the top management teams. Implications for theory and management practice are discussed.

  • 5.
    Criaco, Guiseppe
    et al.
    RSM Erasmus University, Rotterdam, Zuid-Holland, Netherlands.
    Sieger, Philipp
    Department of Management and Entrepreneurship, University of Bern, Switzerland.
    Wennberg, Karl
    Department of Management and Organization, Stockholm School of Economics, Sweden.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Minola, Tommaso
    Università degli studi di Bergamo, Italy.
    Parents' performance in entrepreneurship as a "double-edged sword" for the intergenerational transmission of entrepreneurship2017In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913Article in journal (Refereed)
    Abstract [en]

    We investigate how perceived parents’ performance in entrepreneurship (PPE) affects the entrepreneurial career intentions of offspring. We argue that while perceived PPE enhances offspring’s perceived entrepreneurial desirability and feasibility because of exposure mechanisms, it weakens the translation of both desirability and feasibility into entrepreneurial career intentions due to upward social comparison mechanisms. Thus, perceived PPE acts as a double-edged sword for the intergenerational transmission of entrepreneurship. Our predictions are tested and confirmed on a sample of 21,895 individuals from 33 countries. This study advances the literature on intergenerational transmission of entrepreneurship by providing a foundation for understanding the social psychological conditions necessary for such transmission to occur.

  • 6.
    Cruz, Cristina
    et al.
    Instituto de Empresa Business School, Madrid, Spain.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Entrepreneurial orientation in family firms: A generational perspective2012In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 38, no 1, 33-49 p.Article in journal (Refereed)
    Abstract [en]

    We adopt a generational perspective to investigate entrepreneurial orientation (EO) in family firms. We test a model that determines how the influence on EO of external factors and internal factors differs in first-, second- and third-and-beyond-generation family firms. We argue that while the founder is vital in the first generation, EO is more subject to interpretations of the competitive environment in the second generation and that in the third generation and beyond, access to non-family resources drives EO to a greater extent. Our findings show that perceptions of the competitive environment and EO correlate differently in family firms, depending on the generation in charge, and it is generally stronger in second-generation family firms. Further, we find that non-family managers on the top management team makes a positive difference for EO only in the third-generation and beyond family firms. The significance of non-family investors’ on EO is particularly strong in third-generation-and-beyond firms.

  • 7.
    Davidsson, Per
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS Entrepreneurship Centre. Jönköping University, Jönköping International Business School. Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Paul D. Reynolds: Entrepreneurship research innovator, coordinator, and disseminator2005In: Small Business Economics, ISSN 0921-898X, Vol. 24, no 4, 351-358 p.Article in journal (Other (popular science, discussion, etc.))
  • 8.
    Davidsson, Per
    et al.
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Gordon, Scott R.
    Australian Centre for Entrepreneurship Research, Queensland University of Technology.
    Panel studies of new venture creation: a methods-focused review and suggestions for future research2012In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 39, no 4, 853-876 p.Article, review/survey (Refereed)
    Abstract [en]

    Longitudinal panel studies of large, random samples of business start-ups captured at the pre-operational stage allow researchers to address core issues for entrepreneurship research, namely, the processes of creation of new business ventures as well as their antecedents and outcomes. Here, we perform a methods-orientated review of all 83 journal articles that have used this type of data set, our purpose being to assist users of current data sets as well as designers of new projects in making the best use of this innovative research approach. Our review reveals a number of methods issues that are largely particular to this type of research. We conclude that amidst exemplary contributions, much of the reviewed research has not adequately managed these methods challenges, nor has it made use of the full potential of this new research approach. Specifically, we identify and suggest remedies for context-specific and interrelated methods challenges relating to sample definition, choice of level of analysis, operationalization and conceptualization, use of longitudinal data and dealing with various types of problematic heterogeneity. In addition, we note that future research can make further strides towards full utilization of the advantages of the research approach through better matching (from either direction) between theories and the phenomena captured in the data, and by addressing some under-explored research questions for which the approach may be particularly fruitful.

  • 9.
    Davidsson, Per
    et al.
    Jönköping University, Jönköping International Business School, JIBS Entrepreneurship Centre. Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Henreksson, Magnus
    Determinants of the prevalence of start-ups and high-growth firms2002In: Small Business Economics, ISSN 0921-898X, Vol. 19, no 2, 81-104 p.Article in journal (Refereed)
  • 10.
    Davidsson, Per
    et al.
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Wiklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Scott A. Shane: winner of the Global Award for Entrepreneurship Research2009In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 33, no 2, 131-140 p.Article, review/survey (Refereed)
    Abstract [en]

    Scott A. Shane is the 2009 winner of the Global Award for Entrepreneurship Research. In this article we discuss and analyze Shane’s most important contributions to the field of entrepreneurship. His contribution is extraordinarily broad in scope, which makes it difficult to pinpoint one or a few specifics that we associate with Shane’s scholarship. Instead, they can be summarized in the following three points. First, he has influenced what we view as central aspects of entrepreneurship. Shane has been a leading figure in redirecting the focus on entrepreneurship research itself. Second, he has influenced how we view entrepreneurship. Shane’s research is arguably theory driven and it applies and develops theoretical lenses that greatly improve our understanding of entrepreneurship. Third, he has contributed to how we conduct entrepreneurship research. Shane has been a forerunner in examining relevant units of analysis that are difficult to sample; research designs and databases specifically designed for studying entrepreneurial processes; and sophisticated analytical methods. This has contributed to advancing the methodological rigor of the field. Summing them up, the contributions are very impressive indeed.

  • 11.
    Eklund, Johan
    et al.
    Jönköping University, Jönköping International Business School.
    Palmberg, Johanna
    Wiberg, Daniel
    Inherited Corporate Control and Returns on Investment2012In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 41, no 2, 419-431 p.Article in journal (Refereed)
    Abstract [en]

    This paper contributes to the literature on management in family firms by investigating how succession in family firms affects returns on investment. The identities of the chief executive officer (CEO) and the chairman of the board (COB) were used to establish whether the management of the firm can be characterized as founder, descendant, or external management. A unique, unbalanced panel data set on listed Swedish firms covering the period from 1990 to 2005 was used in the analysis. The results show that founder management has a positive effect on the returns on investment in family firms, whereas descendant management has a negative impact. An external CEO as a successor in family firms leads to more efficient investment policies with increased firm value as a result. That is, when studying corporate governance in family firms it is important to account for what type of management the firm has. Further studies are required to understand the relationship between ownership, control, management, and firm performance.

  • 12.
    Heshmati, Almas
    Department of Economic Statistics, Stockholm School of Economics, Box 6501, SE 113 83 Stockholm, Sweden.
    On the Growth of Micro and Small Firms: Evidence from Sweden2001In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 17, no 3, 213-228 p.Article in journal (Refereed)
    Abstract [en]

    The relationship between the size, age and growth rate of firms is examined for a large sample of micro and small firms in Sweden. These firms have between 1-100 employees and operate in a geographically concentrated area. Micro and small firms are dominant in the industrial structure and thus their growth patterns are crucial to the economic growth of the region. The period of study is of particular interest because it allows us to evaluate the effects of various regional development policy programs on the growth and formation of firms. The data is an unbalanced panel covering the period 1993-1998. We allow for the exit and entry of firms. The growth rate is defined in terms of the number of employees, sales and assets. In the estimation of the growth rate we control for various factors characterizing the sample firms, their capital structure, performance, human capital, and local labor market conditions. Our results show that the relationship between the growth, size and age of firms is very sensitive with respect to the method of estimation, functional form and definition of growth and size.

  • 13.
    Johannisson, Bengt
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Towards a practice theory of entrepreneuring2011In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 36, no 2, 135-150 p.Article in journal (Refereed)
    Abstract [en]

    Adopting a process perspective on entrepreneurship, captured by the notion of “entrepreneuring,” the emerging practice-theory approach in the social sciences is proposed as an appropriate frame of reference. Entrepreneuring as a practice is ontologically/epistemologically qualified by presenting phronesis as the relevant guiding intellectual virtue in the knowledge-creating process. A constructionist view invites different modes of coping with an ambiguous environment, including the use of analogizing and bricolage when enacting entrepreneuring by way of improvisation and personal networking. The notion of “organizing context” is introduced to grasp how collective support for entrepreneuring may be mobilized. Enactive research as an interactive way for doing field research is outlined and illustrated in order to complete the paradigmatic and theoretical arguments for a practice-theory approach to entrepreneuring with an adequate methodology.

  • 14.
    Kang, J. W.
    et al.
    Technology Strategy and Planning Division, Korea Institute of Industrial Technology Evaluation and Planning, 13F KOTECH Bldg. 701-7, Yeoksam-Dong, Gangnam-Gu, Seoul 135-080, South Korea.
    Heshmati, Almas
    Economics and Finance, University of Kurdistan Hawler, Hawler, Iraq.
    Effect of credit guarantee policy on survival and performance of SMEs in Republic of Korea2008In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 31, no 4, 445-462 p.Article in journal (Refereed)
    Abstract [en]

    This study evaluates the effect of credit guarantee on SMEs at the firm level. To estimate the effect of credit guarantee, we analyze relations between credit guarantee, the survival of guaranteed firms, and their productive performance. The result indicates that credit guarantee frequency enabled guaranteed firms to achieve good performances in general. On the contrary, the effect of guarantee amounts is ambiguous in that there is difference between the contemporary effect and the lagged effect. Therefore, we conclude that credit guarantee satisfied partially its goal to alleviate SMEs’ difficulty in acquiring finance and to stabilize employment. ©2007 Springer Science+Business Media, LLC.

  • 15.
    Kang, J. W.
    et al.
    Technology Strategy and Planning Division, Korea Institute of Industrial Technology Evaluation and Planning, 13F KOTECH Bldg. 701-7, Yeoksam-Dong, Gangnam-Gu, Seoul 135-080, South Korea.
    Heshmati, Almas
    Economics and Finance, University of Kurdistan Hawler, Hawler, Iraq.
    Choi, G. -G
    Department of Management, International Programs and Education, Dongguk University, Seoul, South Korea.
    Effect of credit guarantee policy on survival and performance of SMEs in Republic of Korea (Small Business Economics DOI 10.1007/s11187-007-9049-y) [Erratum]2008In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 31, no 4, 443- p.Article in journal (Refereed)
  • 16.
    Karlsson, Charlie
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Acs, Z.J.
    Introduction to Institutions, Entrepreneurship, and Firm Growth: The Case of Sweden2002In: Small Business Economics, ISSN 0921-898X, Vol. 19, no 2, 63-67 p.Article in journal (Refereed)
  • 17.
    Karlsson, Charlie
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Dahlberg, R
    Entrepreneurship, Firm Growth and Regional Development in the New Economic Geography: Introduction2003In: Small Business Economics, ISSN 0921-898X, Vol. 21, no 2, 73-76 p.Article in journal (Other (popular science, discussion, etc.))
  • 18.
    Karlsson, Charlie
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Karlsson, M
    Economic Policy, Institutions and Entrepreneurship2002In: Small Business Economics, ISSN 0921-898X, Vol. 19, no 2, 163-182 p.Article in journal (Refereed)
  • 19.
    Karlsson, Charlie
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Nyström, Kristina
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Exit and Entry over the Product Life Cycle: Evidence from the Swedish Manufacturing Industry2003In: Small Business Economics, ISSN 0921-898X, Vol. 21, no 2, 135-144 p.Article in journal (Refereed)
  • 20.
    Karlsson, Charlie
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Olsson, Ola
    Product Innovation in Small and Large Enterprises1998In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 10, no 1, 31-46 p.Article in journal (Refereed)
  • 21.
    Karlsson, Charlie
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
    Warda, Peter
    Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
    Entrepreneurship and innovation networks2014In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 43, no 2, 393-398 p.Article in journal (Refereed)
    Abstract [en]

    In this paper, we give a general introduction to the notion of entrepreneurship and how it has many complex meanings. Entrepreneurs in new firms but also in incumbent firms have a key role in local, regional and national economic development by taking risks to get things done by developing new combinations of ideas and/or doing things differently. In view of this, two of the main questions that are dealt with are: (1) which features make structural differences in institutions and innovation networks remain invariant between decades, and (2) how knowledge about such features can be employed in policy at the national and the regional level. The research questions highlighted in this special issue relate to many pertinent national and regional policy issues. The most apparent concerns conditions conducive for entrepreneurship in the form of new firms and firm growth. In this paper, we also introduce the different contributors to this special issue.

  • 22.
    Minola, Tommaso
    et al.
    University of Bergamo.
    Criaco, Giuseppe
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Obschonka, Martin
    Saarland University, University of Jena.
    Age, culture, and self-employment motivation2016In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 46, no 2, 187-213 p.Article in journal (Refereed)
    Abstract [en]

    To study the interplay between age and culture as driver of self-employment motivation, we examine cross-sectional age differences (young to late adulthood) in self-employment desirability and feasibility beliefs across different cultures. We utilize individual-level data from the 2012 Flash Eurobarometer survey collected in 21 countries (total N = 13,963 individuals) and culture-level data from the GLOBE project. Our results from multi-level regression analyses show similar curvilinear lifespan patterns in both desirability and feasibility beliefs, with a peak in young adulthood and a strong decline toward late adulthood. This general pattern of age differences in these motivational factors, however, differs significantly across cultural dimensions of uncertainty avoidance, institutional collectivism and performance orientation. Notwithstanding the limitations of cross-sectional data, the present results indicate that individual factors motivating self-employment are systematically intertwined with, and embedded in, both age and culture. Implications for theory and practice are discussed.

  • 23.
    Nordqvist, Mattias
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Wennberg, Karl
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    An Entrepreneurial Process Perspective on Succession in Family Firms2013In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 40, no 4, 1087-1122 p.Article in journal (Refereed)
    Abstract [en]

    We review and analyze previous literature on succession in family firms from an entrepreneurial process perspective. Through a three-step cluster analysis of 117 published articles on succession in family firms published between 1974 and 2010, we find several themes within which succession can be understood from an entrepreneurial process perspective where both the entry of new owners and exit of old owners are associated with the pursuit of new business opportunities. We identify gaps within each cluster and develop a set of research questions that may guide future research on succession as an entrepreneurial process. Since succession involves implications for individuals, families and firms, we suggest researchers should adopt a multilevel perspective as they seek answers to these research questions. Our review and analysis also underlines the need to focus on ownership transition rather than only management succession, and the importance of carefully defining both succession and family firm.

  • 24.
    Oh, I.
    et al.
    Technology Management, Economics and Policy Program, Seoul National University, San 56-1, Shilim-Dong, Kwanak-Gu, Seoul 151-742, South Korea.
    Lee, J. -D
    Technology Management, Economics and Policy Program, Seoul National University, San 56-1, Shilim-Dong, Kwanak-Gu, Seoul 151-742, South Korea.
    Heshmati, Almas
    Department of Economics, University of Kurdistan Hawler, Hawler, Federal Region of Kurdistan, Erbil, Iraq.
    Choi, G. -G
    School of Business Administration, Dongguk University, 26, Pil-dong 3-ga, Jung-gu, Seoul, South Korea.
    Evaluation of credit guarantee policy using propensity score matching2009In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 33, no 3, 335-351 p.Article in journal (Refereed)
    Abstract [en]

    In this article, we evaluate the effect of the credit guarantee policy by comparing a large sample of guaranteed firms and matched non-guaranteed firms from 2000 to 2003. The sample firms are compared with respect to growth rates of different performance indicators including: productivity, sales, employment, investment, R&D, wage level, and the survival of firms in the post crisis period. In order to avoid the selectivity problem, propensity score matching methodologies are adopted. Results suggest that credit guarantees influenced significantly firms’ ability to maintain their size, and increase their survival rate, but not to increase their R&D and investment and hence, their growth in productivity. Moreover, due to the adverse selection problem, firms with lower productivity were receiving guarantees. ©Springer Science+Business Media, LLC. 2008.

  • 25.
    Samuelsson, Mikael
    et al.
    Stockholm School of Economics.
    Davidsson, Per
    Jönköping University, Jönköping International Business School, JIBS Entrepreneurship Centre. Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    Does venture opportunity variation matter?: Investigating systematic process differences between innovative and imitative new ventures2009In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 33, no 2, 229-255 p.Article in journal (Refereed)
    Abstract [en]

    The central thesis in the article is that the venture creation process is different for innovative versus imitative ventures. This holds up; the pace of the process differs by type of venture as do, in line with theory-based hypotheses, the effects of certain human capital (HC) and social capital (SC) predictors. Importantly, and somewhat unexpectedly, the theoretically derived models using HC, SC, and certain controls are relatively successful explaining progress in the creation process for the minority of innovative ventures, but achieve very limited success for the imitative majority. This may be due to a rationalistic bias in conventional theorizing and suggests that there is need for considerable theoretical development regarding the important phenomenon of new venture creation processes. Another important result is that the building up of instrumental social capital, which we assess comprehensively and as a time variant construct, is important for making progress with both types of ventures, and increasingly, so as the process progresses. This result corroborates with stronger operationalization and more appropriate analysis method what previously published research has only been able to hint at.

  • 26.
    Schäfer, Dorothea
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. CERBE Center for Relationship Banking and Economics, Roma, Italy.
    Stephan, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Solórzano Mosquera, Jenniffer
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Family ownership: Does it matter for funding and success of corporate innovations?2017In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 48, no 4, 931-951 p.Article in journal (Refereed)
    Abstract [en]

    Using the Mannheim innovation panel, we investigate whether family firms have higher financial need and how this affects both innovation input and innovation outcomes such as firm or market novelties, or process innovation. Applying the CDM framework, we find that family firms are more likely to have a latent financial need for innovation, which means that they have innovation ideas which they have not implemented yet. We find that family firms have a significantly lower marginal innovation productivity in particular for innovations with radical character, i.e., market novelties. We conclude from this evidence that family firms have a comparative disadvantage in innovation projects that imply high risk and require high innovation capability.

  • 27.
    Schäfer, Dorothea
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Accounting and Finance. Jönköping University, Jönköping International Business School, JIBS, Economics.
    Talavera, Oleksandr
    Small Business Survival and Inheritance: Evidence from Germany2009In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 32, no 1, 95-109 p.Article in journal (Refereed)
  • 28.
    Simmons, Sharon A.
    et al.
    Cotsakos College of Business, William Paterson University, Wayne, NJ, USA.
    Wiklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Martin J. Whitman School of Management, Syracuse University, Syracuse, NY, USA.
    Levie, Jonathan
    Hunter Centre for Entrepreneurship, University of Strathclyde, Glasgow, UK.
    Stigma and business failure: implications for entrepreneurs' career choices2014In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 42, no 3, 485-505 p.Article in journal (Refereed)
    Abstract [en]

    We use data from global entrepreneurship monitor to examine the act of entrepreneurial reentry by entrepreneurs who exit a failed business. We study reentry by mode of entry and by form of organizing. We find that, in countries where the levels of stigma and regulatory conveyance of stigma markings were at their highest, entrepreneurs who exited failed businesses were less likely to reenter into entrepreneurial activity. Our finding suggests that negative social and economic sanctions that are associated with stigma markings speak only to one side of the entrepreneurship phenomenon. On the other side, stigma can function as a stimulus for entrepreneurs to defy the illegitimacy of the failed business and to actively seek out and engage in innovative behaviors that contribute to the overall diversity of entrepreneurial activities in their country.

  • 29. Smallbone, D.
    et al.
    Welter, Friederike
    The distinctiveness of entrepreneurship in tran­sition economies2001In: Small Business Economics, ISSN 0921-898X, Vol. 16, no 4, 249-262 p.Article in journal (Refereed)
  • 30.
    Steffens, Paul
    et al.
    Australian Centre for Entrepreneurship Research, QUT Business School, Queensland University of Technology.
    Terjesen, Siri
    Kelley School of Business, Indiana University, USA.
    Davidsson, Per
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Birds of a feather get lost together: new venture team composition and performance2012In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 39, no 3, 727-743 p.Article in journal (Refereed)
    Abstract [en]

    This study explores the relationship between new venture team composition and new venture persistence and performance over time. We examine the team characteristics of a 5-year panel study of 202 new venture teams and new venture performance. Our study makes two contributions. First, we extend earlier research concerning homophily theories of the prevalence of homogeneous teams. Using structural event analysis we demonstrate that team members’ start-up experience is important in this context. Second, we attempt to reconcile conflicting evidence concerning the influence of team homogeneity on performance by considering the element of time. We hypothesize that higher team homogeneity is positively related to short term outcomes, but is less effective in the longer term. Our results confirm a difference over time. We find that more homogeneous teams are less likely to be higher performing in the long term. However, we find no relationship between team homogeneity and short-term performance outcomes.

  • 31.
    Stephan, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
    Are public research spin-offs more innovative?2014In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 43, no 2, 353-368 p.Article in journal (Refereed)
    Abstract [en]

    The main purpose of this paper is to analyse whether research spin-offs, that is, spinoffsfrom either public research institutes or universities, have greater innovation capabilitiesthan comparable knowledge-intensive firms created in other ways. Using a sampleof about 2,800 firms from highly innovative sectors, propensity score matching is used tocreate a sample group of control firms that is comparable to the group of spin-offs. Thepaper provides evidence that the 121 research spin-offs investigated have more patent applicationsand more radical product innovations, on average, compared to similar firms.The results also show that research spin-offs’ superior innovation performance can be explainedby their high level of research cooperation and by location factors. An urban regionlocation and proximity to the parent institution are found to be conducive to innovationproductivity. The paper also finds evidence that research spin-offs are more successful inattracting support from public innovation support programs in comparison to their peers.

  • 32.
    Wiklund, Johan
    et al.
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS Entrepreneurship Centre. Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Patzelt, H.
    Entrepreneurship, Growth and Public Policy, Max Planck Institute of Economics, Germany.
    Shepherd, Dean A.
    Kelley School of Business, Indiana University, USA.
    Building an integrative model of small business growth2009In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 32, no 4, 351-374 p.Article in journal (Refereed)
    Abstract [en]

    The purpose of this article is to develop an integrative model of small business growth that is both broad in scope and parsimonious in nature. Such a “big picture” model provides an opportunity (1) to gauge how much we really know about small business growth, when we simultaneously consider the constructs from the dominant perspectives, (2) to assess the contribution of each of these perspectives, (3) to examine the indirect effects that some constructs from one perspective might have on small business growth through constructs from another perspective, and (4) to consider different levels of analysis. Based on an analysis of data from 413 small businesses, we derive a set of propositions that suggest how entrepreneurial orientation, environmental characteristics, firm resources, and managers’ personal attitudes directly and/or indirectly influence the growth of small businesses.

  • 33. Zahra, Shaker
    et al.
    Neubam, Donald
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    The Effects of Ownership and Governance on SMEs' International Knowledge-based Resources2007In: Small Business Economics, ISSN 0921-898X, Vol. 29, no 3, 309-327 p.Article in journal (Refereed)
1 - 33 of 33
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