Elaborating On Ethnic Entrepreneurship: How Differences in Immigrant Founders’ Strategic Choices Regarding Human Capital Sourcing Affect Business Model Designs and Evolution

Abstract Strategic human capital literature assumes founders mobilize human resources from the market. Social capital research shows that relying on nonmarket sources, such as ethnic communities, for resources results in distinct ways of organizing business activities in immigrant and nonimmigrant…

Entrepreneurs who take funding from close family and friends are more likely to pursue lower-risk growth options

Entrepreneurs often lack resources and funding needed to launch a venture and reach out to family and friends for initial support. But is it always good for a startup when individuals close to the founder are asked if they want to “be on the ground floor of something good?” New research from three Indiana University Kelley School of Business professors finds that such close ties to investors can lead founders to make more conservative venture growth decisions and make them more hesitant to take risks.

University Student’s Start-Up Expands, Connecting Small Coffee Farmers to the World

After less than two years in operation, a business founded by a Saint Louis University student has gone from dorm room to the world. Moii Coffee, founded in early 2023 by Firaol Ahmed, a senior in the Richard A. Chaifetz School of Business, began with Ahmed selling coffee out of his residence hall at SLU. Today, with the addition of partner and SLU alum Andy Irakoze, the business is a supply chain and logistics firm connecting coffee farmers in Africa with roasters in North America.

Bridging the industry-university divide pays off for mission-driven institutions

A new report lays out a blueprint for success for universities and industry partners alike, with a focus on leveraging universities’ research expertise and facilities to support industry needs.

Lean Hypotheses and Effectual Commitments: An Integrative Framework Delineating the Methods of Science and Entrepreneurship

Abstract Recently, there is increasing interest in building theories that offer actionable guidance to the practice of entrepreneurship. Here I present a general theoretical framework, called CAVE, for understanding, assessing, and enhancing existing tools that offer such guidance. The framework…

CLA Introduces New “How to Start a Laundromat” Workshop for Aspiring Entrepreneurs

CLA, formerly the Coin Laundry Association, is introducing the How to Start a Laundromat workshop, a one-day, in-person event designed to equip aspiring entrepreneurs and investors with the tools needed to succeed in the growing laundry business. Scheduled for Tuesday, Nov. 12, 2024, at the Hilton Chicago/Oak Brook Hills Resort & Conference Center in Illinois, this workshop will provide practical guidance directly from successful laundromat operators, who will share real-world strategies on everything from selecting the right location to navigating financing options. Attendees will gain actionable insights from industry veterans, covering key considerations like building versus buying a laundromat.

Entrepreneurial curiosity and firm innovation: Exploring the mediating role of information search in new technology ventures

Abstract Innovation is considered an important ingredient for new venture survival. However, our understanding of the role of individual entrepreneurs in facilitating its occurrence is relatively limited. While it is often claimed that curiosity is important in entrepreneurship, there is…

Do makerspaces affect entrepreneurship? If so, who, how, and when?

Abstract Research Summary Makerspaces are physical spaces that offer individuals fabrication tools and materials (e.g., 3D printers) to make artifacts. Although not designed specifically for entrepreneurs, these spaces offer affordable access to rapid prototyping infrastructure. This study examines whether makerspaces…

The pitfalls of passion: How it can backfire at work—and what managers can do about it

When plotting their career trajectories, young professionals are often encouraged to follow their passion. And in the entrepreneurial world, passion is often seen as a key ingredient for success. But figures such as Elon Musk, known for his passion as well as arrogance, show that this drive is not without its perils—including what researchers call “performance overconfidence.”

Unraveling the puzzling risk–return relationship: Distinctive roles of government involvement in venture capital investment

Abstract Research Summary Government involvement plays a significant role in fostering entrepreneurship. We examine how government involvement in venture capital (VC) investments shapes the decoupling between risk-taking and investment returns. We distinguish government involvement through state ownership (GVC) and personal…

Spinning Out a New Biomaterials Startup Is Harder Than You Think

Spider silk, long prized for its strength and elasticity, has created something of a furor in the biomanufacturing world as businesses look for ways to cheaply scale up production for silks, which can be used in everything from tactical gear to sutures and textiles. However, a comprehensive study conducted by a team of students from around the country, including University of California San Diego, shows that there are many challenges facing the spider silk industry.

Making business model decisions like scientists: Strategic commitment, uncertainty, and economic performance

Abstract Research Summary This study abductively investigates how a firm’s degree of business model development—the extent to which strategic choices are crystallized—moderates the impact of a scientific approach to decision-making on performance. We present findings from a field experiment involving…

Employment restrictions on resource transferability and value appropriation from employees

Abstract Research Summary We examine the joint adoption of four employment restrictions that limit firm resource outflows—nondisclosure (NDA), non-solicitation, non-recruitment, and noncompete agreements—and their associations with value appropriation from employees. Using novel individual- and firm-level survey data, we find that…

Innovation Crossroads welcomes seven entrepreneurs for Cohort 2024

Seven entrepreneurs comprise the next cohort of Innovation Crossroads, a Department of Energy Lab-Embedded Entrepreneurship Program node based at Oak Ridge National Laboratory. The program provides energy-related startup founders from across the nation with access to ORNL’s unique scientific resources and capabilities.

Cleaning the window of opportunity: Towards a typology of sustainability entrepreneurs

Abstract Essential for targeting the urgent societal challenges of today and tomorrow, entrepreneurial activity requires deeper, more thorough information on sustainability entrepreneurs. Through an opportunity recognition process lens, this study contributes to deriving a typology of sustainability entrepreneurs by underscoring…

Unobserved heterogeneity in firm performance: The alignment of entrepreneurial orientation and organizational error management culture

Abstract Most prior research has focused on the positive relationship between a firm’s entrepreneurial orientation (EO) and its performance. However, errors in entrepreneurial strategies are inevitable. We argue that entrepreneurial firms benefit from an organizational error management culture. Drawing on…

Revision needed? A social constructionist perspective on measurement scales for assessing gender role stereotypes in entrepreneurship

Abstract This article compares contemporary views of who and what constitutes entrepreneurship with dimensions captured in established scales for determining gender role stereotypes associated with entrepreneurship. In so doing, we respond to ongoing debates about the timeliness, contextualisation and predetermination…

Pride in family businesses: Authenticity, hubris, and cultural insights

Abstract Research on family businesses praises the benefits of feeling proud of the family firm. However, pride displayed by next generation family members, who may have (yet) contributed little to the success, can create negative impressions. Building on emotions-as-social-information theory…

Perceived Corruption, entrepreneurial exposure and entrepreneurial career Intention: Evidence from five emerging countries

Abstract In an attempt to extend the remit of the Theory of Planned Behaviour, this study investigates the moderating influence of corruption on the association between entrepreneurial exposure and individuals’ entrepreneurial career intention. Also, to account for the influence of…

The critical role of assertiveness of women business owners in the link between firm performance and family instrumental support

Abstract Drawing on the cognitive psychology of entrepreneurship, bounded rationality and role congruity perspectives, we investigate the moderating role of the assertiveness of women business owners in the relationship between their business performance and subsequent family-to-business instrumental support. Previous research…

Collective entrepreneurship in low-income communities: The importance of collective ownership, collective processes and collective goods

Abstract By focusing on individualised theories of entrepreneurship, mainstream entrepreneurship literature often marginalises entrepreneurship as a product of collaborative action. Addressing this limitation, our emphasis on collective entrepreneurship is contextualised in the setting of low-income communities and draws out three…

Researchers studying challenges female and minority entrepreneurs face in rural areas

The research, led by Heather Stephens, professor of resource economics and management and director of the West Virginia University Regional Research Institute, aims to identify what factors could support entrepreneurship for women and minorities, as well as barriers that deter them from starting their own businesses.

The role of institutions in early-stage entrepreneurship: An explainable artificial intelligence approach

Abstract Although the importance of institutional conditions in fostering entrepreneurship is well established, less is known about the dominance of institutional dimensions, their predictive ability, and more complex non-linear relationships. To overcome the limitations of traditional regression approaches in addressing…

From chalkboard to boardroom: Unveiling the role of entrepreneurship in bolstering academic achievement among professors

Abstract Entrepreneurial activity by academics is a critical component of university technology transfer. However, academics at the professorial level often express concerns that engaging in entrepreneurial activity might harm their research performance due to the perceived diversion of focus from…

Give a plum in return for a peach: The effect of entrepreneurial informal financing on environmental corporate social responsibility

Abstract Newswise — Private enterprises in emerging economies, such as China, heavily rely on informal financing (IF) due to their small firm-specific financial constraints. This study sheds light on the incongruent findings concerning the relationship between IF and entrepreneurial environmental…

How entrepreneurs influence their employees’ job satisfaction: The double-edged sword of proactive personality

Abstract This paper aims to enhance our understanding of work and wellbeing in the entrepreneurial society. We integrate research on proactive personality (PP) and job design to explore how entrepreneurs’ PP impacts their employees’ job satisfaction by shaping employee job…

Changing epilepsy care through entrepreneurship: Dr. Mark Cook

Dr. Cook realized, when his father was diagnosed with epilepsy, that a system to identify and predict seizures could improve care and change people’s lives. In this episode, Dr. Cook talks about entrepreneurship in epilepsy and advancing the field through innovation.

UAH researcher’s paper is cited in new FTC ruling banning noncompete agreements for entrepreneurs nationwide

On April 23, 2024, the Federal Trade Commission (FTC) announced a ruling banning most noncompete agreements (NCA) nationwide which cites a paper co-authored by a researcher at The University of Alabama in Huntsville (UAH). Dr. Ege Can in the College of Business at UAH, a part of the University of Alabama System, studied the impact of NCAs on entrepreneurship, highlighting how banning NCAs could boost business innovation.

Researcher determines ADHD gives entrepreneurs an edge

The brains of people with ADHD function in ways that can benefit them as entrepreneurs, according to research from the West Virginia University John Chambers College of Business and Economics.

UC Irvine launches climate action innovation hub with $1 million state grant

Irvine, Calif., Sept. 14, 2023 — The State of California, through the University of California Office of Research and Innovation, has granted $1 million to the University of California, Irvine for the establishment of a broad, collaborative initiative to accelerate the growth of companies focused on climate goals.