Showing papers in "Journal of Small Business Management in 2013"
TL;DR: In this article, the authors highlight the key role played by an entrepreneurship education (EE) program on entrepreneurial competencies and intention of secondary students in order to confirm or disconflict the students.
Abstract: This study seeks to highlight the key role played by an entrepreneurship education (EE) program on entrepreneurial competencies and intention of secondary students in order to confirm (or disconfir...
455 citations
TL;DR: This paper conducted a comprehensive review and methodological critique of empirical research on the outcomes of entrepreneurship education and concluded that entrepreneurship education does not really work to create business enterprise, but rather hinders entrepreneurship education.
Abstract: Does entrepreneurship education (E‐ed) really work to create business enterprise? We conducted a comprehensive review and methodological critique of the empirical research on the outcomes of univer...
440 citations
TL;DR: In this paper, the authors investigated the competencies necessary for entrepreneurial action based on structuration theory and approached them as an outgrowth of the learning of scripts deriving from interactio...
Abstract: Competencies necessary for entrepreneurial action are investigated. Building on structuration theory, competencies are approached as an outgrowth of the learning of scripts deriving from interactio...
426 citations
TL;DR: In this paper, the authors contribute to the entrepreneurial orientation (EO) performance literature by offering a wider picture that includes two intermediate steps: organizational learning capability (OLC) a...
Abstract: This research contributes to the entrepreneurial orientation (EO)–performance literature by offering a wider picture that includes two intermediate steps: organizational learning capability (OLC) a...
328 citations
TL;DR: Entrepreneurship education programs are increasingly being established and expanded in an effort to equip students with the knowledge and competency necessary to create economic value and jobs as discussed by the authors, which is a good idea.
Abstract: Entrepreneurship education programs are increasingly being established and expanded in an effort to equip students with the knowledge and competency necessary to create economic value and jobs. An ...
249 citations
TL;DR: The Entrepreneurship ducation roject (http://www.trepeducation.com) is a global, longitudinal research initiative through which university students offer entrepreneurship educators and researchers.
Abstract: The Entrepreneurship ducation roject (http://www.trepeducation.com) is a global, longitudinal research initiative through which university students offer entrepreneurship educators and researchers ...
190 citations
TL;DR: The widespread rise in entrepreneurship education at universities is frequently not accompanied by rigorous and sustainable program evaluations as discussed by the authors, thus, the impact of these programs is still under the radar of researchers.
Abstract: The widespread rise in entrepreneurship education at universities is frequently not accompanied by rigorous and sustainable program evaluations. Thus, the impact of these programs is still under di...
190 citations
TL;DR: A comparative case study analysis of Australian Aboriginal, native Hawaiians, and Māori entrepreneurs was conducted by as discussed by the authors, who investigated the networking activities by these groups of indigenous entrepreneurs situated within a mixed minority and dominant (settler majority) urban cultural setting.
Abstract: A comparative case study analysis has been undertaken on Australian Aboriginal, native Hawaiians, and Māori entrepreneurs. This work investigates the networking activities by these groups of indigenous entrepreneurs situated within a mixed minority (indigenous) and dominant (settler majority) urban cultural setting. The way in which indigenous entrepreneurs network to achieve their business aspirations suggests that the underlying social capital dimensions are unique to their cultural context. Five comparative characteristics also emerged from the data that assist the analysis. The research reveals how indigenous and potentially other minority ethnic entrepreneurs draw upon internal and external network ties that are related to the historical and cultural influence on social capital.
148 citations
TL;DR: In this article, the authors evaluated the impact of entrepreneurship education on human capital at the upper-secondary level using a quasi-experimental design and found that some personality traits such as need for autonomy and risk propensity, as well as beliefs, can have a significant positive influence on entrepreneurial intention.
Abstract: In this study we evaluate the impact of entrepreneurship education on human capital at the upper-secondary level using a quasi-experimental design. Data were collected from 494 students attending entrepreneurship education programs and from 238 in a control group. Our results indicate that some personality traits such as need for autonomy and risk propensity, as well as beliefs, can have a significant positive influence on entrepreneurial intention. Entrepreneurship education has a positive, albeit limited impact on human-capital assets. The programs we assessed had a statistically significant impact on beliefs, on the capacity to exploit an opportunity, and on entrepreneurial knowledge. However, we did not observe any significant impact on entrepreneurial intention.
145 citations
TL;DR: In this article, the authors applied artificial neural networks (ANNs) to a sample of over 7,000 Italian small enterprises (SEs) and found that ANNs can make a better contribution to SE credit-risk evaluation.
Abstract: Having accurate company default prediction models is vital for both banks and enterprises, especially small enterprises (SEs). These firms represent a vital part in the economy of every country but are also typically more informationally opaque than large corporations. Therefore, these models should be precise but also easily adaptable to suit SE characteristics. Our study applies artificial neural networks (ANNs) to a sample of over 7,000 Italian SEs. Results show that (1) when compared with traditional methods, ANNs can make a better contribution to SE credit-risk evaluation; and (2) when the model is separately calculated according to size, geographical area, and business sector, ANNs prediction accuracy is markedly higher for the smallest sized firms and for firms operating in Central Italy.
114 citations
TL;DR: In this article, a recent global economic crisis has increasingly demanded bold action from organizations and if these organizations fail to respond appropriately, entrepreneurs will develop new meaningful solutions to solve the problems.
Abstract: Recent global economic crisis has increasingly demanded bold action from organizations. If these organizations fail to respond appropriately, entrepreneurs will develop new meaningful solutions to ...
TL;DR: In this paper, a nonlinear, J-shaped relationship between family involvement in the board of directors and sales internationalization was proposed, and results from running ordinal regression analysis on data drawn from 203 U.S. family businesses confirmed their conjecture.
Abstract: Previous research shows that family involvement in the board of directors can be both positive and negative for sales internationalization. The ambiguous nature of this relationship has hindered theory building on this important phenomenon. Integrating stewardship, stagnation, and upper echelons perspectives, we propose a nonlinear, J-shaped relationship between family involvement in the board of directors and sales internationalization. Results from running ordinal regression analysis on data drawn from 203 U.S. family businesses confirmed our conjecture. We discuss the implications of our findings for family business theory and practice and indicate avenues for future research.
TL;DR: In this paper, the authors investigate the relationship between business model design and firm performance, using a unique methodology for capturing the business model and drawing comparisons across larger samples of firms, and find that model design is correlated with performance.
Abstract: Using a unique methodology for capturing the business model and drawing comparisons across larger samples of firms, we investigate the relationship between business model design and firm performanc...
TL;DR: By drawing on the resource-based view and on elements from social network theory, this article used a sample of southern razilian small and medium-sized furniture manufacturers to find evidence for the hypothreshold hypothesis.
Abstract: By drawing on the resource‐based view and on elements from social network theory, we use a sample of southern razilian small and medium‐sized furniture manufacturers to find evidence for the hypoth...
TL;DR: In this paper, product, process, and management innovation among a sample of Spanish manufacturing small and medium-sized enterprises (SMEs) during the current economic downturn and a peri...
Abstract: This study investigates product, process, and management innovation among a sample of Spanish manufacturing small and medium‐sized enterprises (SMEs) during the current economic downturn and a peri...
TL;DR: In this paper, the authors examined the impact of spatial relationships on firm performance and assessed the impacts of network structural and relational characteristics on performance, as well as the moderating effects of these variables on the spatial relationship to performance linkages.
Abstract: The study examined the impact of spatial relationships on firm performance. It also assessed the impacts of network structural and relational characteristics on performance, as well as the moderating effects of these variables on the spatial relationship to performance linkages. The sample comprised 252 firms located in a mold industry cluster in the Zhejiang province of China. Both in-cluster ties and extra-cluster ties positively impacted performance. However, the effects of distant ties were more pronounced. Tie stability had a positive effect whereas tie quality had a negative effect on performance. Network centrality, tie strength, and tie stability strengthened the relationship between in-cluster ties and performance. By contrast, all network tie characteristics weakened and changed the form of the relationship between extra-cluster ties and performance. The findings suggest the need for cluster firms to consciously cultivate distant linkages in their network ties in order to neutralize the tendencies for lock-in and to arrest entropic deterioration in their respective clusters.
TL;DR: In this article, the authors investigate how small and medium-sized enterprises (SMEs) learn and determine the role that entrepreneurial orientation plays in how they learn, by adopting a multilevel perspective.
Abstract: The present study unravels how small and medium-sized enterprises (SMEs) learn and determines the role that entrepreneurial orientation (EO) plays in how they learn. Adopting a multilevel perspecti...
TL;DR: In this paper, the authors investigated the independent financial, human, and social capital effects on the decision to create a new venture and concluded that "little research has investigated the combine...
Abstract: Although prior research primarily has investigated the independent financial, human, and social capital effects on the decision to create a new venture, little research has investigated the combine...
TL;DR: In this article, the authors investigated how family commitment moderated whether and how financial knowledge, positive experience with debt suppliers, and economic goal orientation affect owner-managers' attitudes toward debt financing in family firms.
Abstract: This study investigates how family commitment moderates whether and how financial knowledge, positive experience with debt suppliers, and economic goal orientation affect owner-managers' attitudes toward debt financing in family firms. Using a sample of 280 German family firms, we find significant relationships between both financial knowledge and positive experience with debt suppliers and owner-managers' financial attitudes toward debt. Our findings show that family commitment moderates these relationships such that high family commitment increases the impact of prior experience with debt suppliers, while the effect of economic goal orientation is lowered and reversed. Overall, we contribute to research on financial decision making, capital structure and social capital in family firms.
TL;DR: In this article, the authors tested whether high growth firms' performance is related to the number of benefits offered and/or the values of the entrepreneur, using data from the 2007 top 500 fastest growing entrepreneurial companies.
Abstract: We tested whether high growth firms' performance is related to the number of benefits offered and/or the values of the entrepreneur. Using data from the 2007 top 500 fastest growing entrepreneurial...
TL;DR: In this paper, the authors examined the links among perceived environmental uncertainty, generic strategy, strategic clarity, and performance in small and medium-sized enterprises in the retail industry in the US.
Abstract: This study examines the links among perceived environmental uncertainty, generic strategy, strategic clarity, and performance in small and medium‐sized enterprises in the retail industry in rgentin...
TL;DR: In this article, the authors examined whether women owners shape the culture and policies of the organization to be consistent with their personal motivations, challenges, and family status, finding that being a full-time manager, marital status, and motivation for becoming a business owner were related to the WF culture of the business.
Abstract: Women become business owners for a variety of reasons; however, the impact of motivations for ownership on the culture and policies of the business is unclear. Extending the small business, entrepreneurship, and work–family (WF) conflict literatures, we examined whether woman owners shape the culture and policies of the organization to be consistent with their personal motivations, challenges, and family status. Results show that being a full-time manager, marital status, and motivation for becoming a business owner were related to the WF culture of the business. Business size and parental status predicted family-friendly policies. Implications for research and practice are discussed.
TL;DR: A cold war exists in faculties of business and economics It is fought between the neo-Marshellians that advocate the elegant simplifying assumption of equilibrium and the Schumpeterians that beli
Abstract: A cold war exists in faculties of business and economics It is fought between the neo‐ Marshellians that advocate the elegant simplifying assumption of equilibrium and the Schumpeterians that beli
TL;DR: In this article, the authors assess the mentoring impact in an experiential learning entrepreneurship program and identify the interpersonal communicational strategies that mentors use in order to influence nascent entrepreneurs' attitudes and behaviors in dyadic interaction.
Abstract: The purpose of this article is to assess the mentoring impact in an experiential learning entrepreneurship program. We did three-year participant observation in the major business school incubator of the Paris area with the aim to identify the interpersonal communicational strategies that mentors, which are confirmed entrepreneurs, use in order to influence nascent entrepreneurs' attitudes and behaviors in dyadic interaction. These communicational strategies are categorized as persuasion, engagement, criticism, and provocation. An additional two-year field research allowed us to assess the impact of these communicational strategies at the individual (commitment, compliance, resistance) and the enterprise levels (business launching and fund-raising).
TL;DR: In this article, the authors explore how lean-agile operations and supplier-firm partnership can improve garment small and medium enterprise (SME) supply chain performance by exploring how lean and agile operations and partner-based collaboration can improve the performance of garment supply chain.
Abstract: The purpose of this study is to explore how lean–agile operations and supplier–firm partnership can improve garment small and medium enterprise (SME) supply chain performance. This study is based o...
TL;DR: In this paper, the authors examined three factors that influence information technology (IT) success in small and medium-sized enterprises (SMEs): internal IT support, external IT support and IT management.
Abstract: This study examined three factors that influence information technology (IT) success in small and medium‐sized enterprises (SMEs): internal IT support, external IT support, and IT management. Using...
TL;DR: In this paper, the authors used a matched sample to empirically test the effect of venture capital investment on the companies listed on the mall and edium-ized enterprises in China.
Abstract: In this paper, we use a matched sample to empirically test the effect of venture capital investment on the companies listed on the mall and edium‐ized nterprises oard in hina. We find that hinese v...
TL;DR: In this article, a content analysis of 91 publicly published stories about rural Chinese entrepreneurs broadcast by China Central Television was conducted to investigate how different institutional elements (i.e., regulative, normative, and cognitive components) affect the strategic behaviors of rural Chinese entrepreneurship.
Abstract: Rural entrepreneurs are of extreme importance in China’s progress toward a more marketoriented economy as the vast majority of Chinese live in rural areas. From an institutional perspective and based on content analysis of 91 publicly published stories about rural Chinese entrepreneurs broadcast by China Central Television, this paper addresses several key aspects of rural entrepreneurship in China and specifically probes into how different institutional elements (i.e., regulative, normative, and cognitive components) affect the strategic behaviors of rural Chinese entrepreneurs. We found that due to weak regulatory protection of intellectual rights, rural entrepreneurs in China tend to work on innovations on their own or with close family members instead of collaborating with external sources; these entrepreneurs use guanxi strategically to deal with constraints from the institutional environment; it is important to build legitimacy by either building alliances with large, established firms, or acquiring approval from people of authority.
TL;DR: The authors analyzes the role of personal guarantees and collateral in the context of two different lending structures: one transaction and the other relationship based, and analyzes how personal guarantees affect the performance of two types of loans.
Abstract: This study analyzes the role of personal guarantees and collateral in the context of two different lending structures: one transaction and the other relationship based. The innish bank data, which ...
TL;DR: In this article, the authors focus on the drivers of franchise network internationalization, namely, intangible resources and plural form, and find that the intangible resources are those that the franchisor acquires over time and are deemed instrumental to firm success, such as brand name, monitoring, and know-how transfer abilities.
Abstract: This study focuses on drivers of franchise network internationalization, namely, intangible resources and plural form. Intangible resources refer to those that the franchisor acquires over time and are deemed instrumental to firm success, namely, brand name, monitoring, and know-how transfer abilities. Plural form refers to the coexistence of franchised outlets and company-owned outlets within the same network. The empirical study involves 853 U.S. and French networks. Findings indicate that the percentage of company-owned outlets in international networks is lower than that in purely domestic networks, and this holds for both the combined data sample (United States and France) and the U.S. sample on its own. Moreover, U.S. franchisors are shown to be much more internationalized, with a smaller percentage of company-owned outlets than their French counterparts. The intangible resource that most strongly affects franchise internationalization is brand-name recognition, whereas there is partial support for the impact of two other intangible resources, namely, monitoring and know-how transfer ability. The results of the logistic regression models underscore the importance of intangible resources in franchise network internationalization as well as the significant and negative impact of percentage of company-owned outlets. Finally, the drivers of internationalization are not found to be statistically different between both countries.