scispace - formally typeset
Search or ask a question

Showing papers on "Entrepreneurship published in 2020"


Book
21 Dec 2020
TL;DR: The purpose of this study is to provide the knowledge to understand and the skills to manage innovation at the operational and strategic levels to improve the competitiveness of firms and effectiveness of other organizations.
Abstract: Now in its seventh edition, Managing Innovation: Integrating Technological, Market and Organizational Change enables graduate and undergraduate students to develop the unique skill set and the foundational knowledge required to successfully manage innovation, technology, and new product development. This bestselling text has been fully updated with new data, new methods, and new concepts while still retaining its holistic approach the subject. The text provides an integrated, evidence-based methodology to innovation management that is supported by the latest academic research and the authors’ extensive experience in real-world management practice. Students are provided with an impressive range of learning tools—including numerous case studies, illustrative examples, discussions questions, and key information boxes—to help them explore the innovation process and its relation to the markets, technology, and the organization. “Research Notes" examine the latest evidence and topics in the field, while "Views from the Front Line" offer insights from practicing innovation managers and connect the covered material to actual experiences and challenges. Throughout the text, students are encouraged to apply their knowledge and critical thinking skills to business model innovation, creativity, entrepreneurship, service innovation, and many more current and emerging approaches and practices.

4,450 citations


Journal ArticleDOI
TL;DR: In this article, the authors of standalone papers and graduate students in the Entrepreneurship domain are encouraged to write contribution-focused systematic reviews e.g. by providing a concrete guideline.
Abstract: Systematic literature reviews are an increasingly used review methodology to synthesize the existing body of literature in a field. However, editors complain about a high number of desk rejections because of a lack in quality. Poorly developed review articles are not published because of a perceived lack of contribution to the field. Our article supports authors of standalone papers and graduate students in the Entrepreneurship domain to write contribution-focused systematic reviews e.g. by providing a concrete guideline. Our article analyzes the strengths and weaknesses of a systematic literature review and how they can be overcome. Furthermore, we provide a combined list of highly ranked journals in the Entrepreneurship domain as a basis for quality appraisal. Finally, this article builds a scenario for the future of the systematic literature review methodology and shows how technological improvements have changed this methodology and what can be achieved in the future.

413 citations


Journal ArticleDOI
TL;DR: In this paper, a collective intelligence approach is adopted to define a descriptive framework and identify the distinguishing genes of a digital entrepreneurship ecosystem, and four dimensions associated to digital actors, digital activities, digital motivations, and digital organization are defined and discussed.

323 citations


Journal ArticleDOI
TL;DR: In this paper, the theoretical and practical relationship between business model innovation (BMI) and Lean Startup Approaches (LSAs) in dynamic digital environments has been investigated, with the aim of developing a research agenda directed towards integrating BMI, LSAs and AD processes and methods.

320 citations


Journal ArticleDOI
TL;DR: In this paper, the authors assess the benefits of decentralized finance, identify existing business models, and evaluate potential challenges and limits, and highlight the promises and challenges of decentralized business models.

275 citations


Posted Content
01 Jan 2020
TL;DR: In this article, a comprehensive review of sustainable business models literature in various application areas is provided, which provides an insight into the state-of-the-art of sustainability business models and future research directions.
Abstract: During the past two decades of e-commerce growth, the concept of a business model has become increasingly popular. More recently, the research on this realm has grown rapidly, with diverse research activity covering a wide range of application areas. Considering the sustainable development goals, the innovative business models have brought a competitive advantage to improve the sustainability performance of organizations. The concept of the sustainable business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural, or other contexts, in a sustainable way. The process of sustainable business model construction forms an innovative part of a business strategy. Different industries and businesses have utilized sustainable business models’ concept to satisfy their economic, environmental, and social goals simultaneously. However, the success, popularity, and progress of sustainable business models in different application domains are not clear. To explore this issue, this research provides a comprehensive review of sustainable business models literature in various application areas. Notable sustainable business models are identified and further classified in fourteen unique categories, and in every category, the progress -either failure or success- has been reviewed, and the research gaps are discussed. Taxonomy of the applications includes innovation, management and marketing, entrepreneurship, energy, fashion, healthcare, agri-food, supply chain management, circular economy, developing countries, engineering, construction and real estate, mobility and transportation, and hospitality. The key contribution of this study is that it provides an insight into the state of the art of sustainable business models in various application areas and future research directions. This paper concludes that popularity and the success rate of sustainable business models in all application domains have been increased along with the increasing use of advanced technologies.

270 citations


Journal ArticleDOI
TL;DR: In this article, a systematic review of 188 peer reviewed SSCI journal articles published in the last decade is presented, which presents an overview of recent social entrepreneurship research, classifying it in five main themes while identifying the thrust areas of research in each.

244 citations


Journal ArticleDOI
TL;DR: The authors reviewed existing immigrant entrepreneurship literature in order to map out the major streams of research and identify widely used theories, methods, and contexts, highlighting the need for interdisciplinary approaches that transcend boundaries.

220 citations


Journal ArticleDOI
TL;DR: While most papers investigated the factors that drive social media adoption and use by entrepreneurs, it was found that the use of social media by entrepreneurs had transcended marketing and it is now used in business networking, information search and crowdfunding for their business.

215 citations


Journal ArticleDOI
TL;DR: In this article, the state of the art on stakeholder engagement in innovation management and entrepreneurship development is reviewed and a comprehensive and deeper understanding of the interaction between entrepreneurs and the various stakeholders is provided.

204 citations


Journal ArticleDOI
TL;DR: In this paper, the authors focus on how the covid-19 crisis has affected cultural, lifestyle, and social entrepreneurship, and address the current lack of integration and integration in social entrepreneurship.
Abstract: The purpose of this commentary article is to focus on how the covid-19 crisis has affected cultural, lifestyle, and social entrepreneurship. In doing so, I address the current lack of integration b...

Journal ArticleDOI
TL;DR: A case-based approach is employed—fuzzy-set Qualitative Comparative Analysis (fsQCA)—to identify configurations of antecedent attributes of individuals in groups within samples, thereby revealing asymmetries and multiple entrepreneurial pathways that are otherwise hidden in the data.

Journal ArticleDOI
TL;DR: Zhang et al. as mentioned in this paper proposed a concept model of culture for open innovation dynamics by reviewing the literature on the culture of firms in terms of their traits, organization, static innovation, and dynamic aspects regarding their innovation in entrepreneurship.
Abstract: Culture, in its various forms, has always been a critical driver of innovation This paper focuses on generating some insights into the role of “culture for open innovation dynamics” First, because the requirement to understand culture, which can control open innovation complexity, has been augmented, we want to answer the following research question in this study: How can we define or organize “culture for open innovation dynamics”, which can motivate open innovation dynamics, and control open innovation complexity? Second, we propose a concept model of culture for open innovation dynamics by reviewing the literature on the culture of firms in terms of their traits, organization, static innovation, and dynamic aspects regarding their innovation in entrepreneurship, and we validate said model through an indirect social experiment using the research results of 23 Special Issue papers Third, the concept model of culture for open innovation dynamics is explained as the interaction between three different entrepreneurship dimensions: Entrepreneurship of novice entrepreneurs, intrapreneurship of employees of an existing firm, and organizational entrepreneurship by the firm itself According to the balance of three sub-entrepreneurship types, culture for open innovation dynamics can have different aspects, namely, entrepreneurship leading culture for open innovation dynamics, intrapreneurship leading culture for open innovation dynamics, or organizational entrepreneurship leading culture for open innovation dynamics This paper helps organizations and entrepreneurs to better understand the role that culture plays in boosting open innovation dynamics

Journal ArticleDOI
TL;DR: The authors survey 885 institutional venture capitalists (VCs) at 681 firms to learn how they make decisions using the framework in Kaplan and Stromberg (2001) and provide detailed information on VCs' practices in pre-investment screening (sourcing evaluating and selecting investments), in structuring investments, and in post-Investment monitoring and advising.

Journal ArticleDOI
TL;DR: In this article, the authors highlighted the importance of resilience, strategic agility, and entrepreneurship in the context of the fight against COVID-19 and discussed the impact of the outbreak on economies and businesses in China, South Korea, and Singapore.
Abstract: On March 11, 2020, the World Health Organization (WHO) declared the coronavirus (COVID-19) outbreak a pandemic. As the evolution and implications of the COVID-19 crisis are still unfolding, we posit that exploring the experiences and strategic responses of Asian countries may shed light on ways to combat COVID-19 for the rest of the world. In this paper, we first articulate the importance of resilience, strategic agility, and entrepreneurship in the context of the fight against COVID-19. Then, with the focus on China, South Korea, and Singapore, we discuss the impact COVID-19 is having on economies and businesses, governmental support for businesses and societies, and implications for global supply chain disruptions. We hope that the global health system will recover quickly, and that the world economy will be revitalized with the contributions and collaboration of science (including social science), industry, and governments.

Journal ArticleDOI
TL;DR: Examining the cognitive, affective, and behavioural components of students’ attitude towards entrepreneurship education in Indian universities/colleges showed a significant positive impact of attitude towards entrepreneur education on entrepreneurial intention.

Journal ArticleDOI
TL;DR: In this article, the authors determine the future proportion and variants of usage of human intellect and artificial intelligence (AI) in entrepreneurship of industry 4.0 that fits social entrepreneurship the most.
Abstract: The purpose of this article is to determine the future proportion and variants of usage of human intellect and artificial intelligence (AI) in entrepreneurship of industry 4.0 that fits social entrepreneurship the most. It could be convergence (simultaneous utilization during the same entrepreneurial processes with the emphasis on unique features by the terms of the competition) or divergence (usage during different business processes by the terms of labor division).,The authors determine the influence of usage of human capital and AI on the efficiency of social entrepreneurship. The authors identify the perspective directions of usage of AI in social entrepreneurship and evaluate the readiness and interest in the implementation of these directions of concerned parties. The authors also model the optimal proportions and the variant of usage of human intellect and AI in social entrepreneurship in the conditions of Industry 4.0 in the future (until 2030).,It is found that social entrepreneurship will use the opportunities of Industry 4.0 for optimization of its activities until 2030, but will refuse from full automatization, using human intellect and AI at the same time.,The most perspective directions of application of AI at social companies are a collection of social goods and services, marketing studies and promotion of social goods and services. Neither convergence nor divergence of human and artificial intellectual capital does not fully conform to the interests of concerned parties. The most preferable (optimal) variant of usage of human intellect and AI in social entrepreneurship in the Industry 4.0 is human intelligent decision support.

Journal ArticleDOI
TL;DR: In this article, a systematic review of business incubators is presented, and the authors find that open innovation and social capital theory increasingly complement the resource-based view as frameworks to understand business incubation.
Abstract: A long and rich research tradition exists on the phenomenon of business incubators since this kind of venture support institution first emerged. One can observe an increasing heterogeneity of incubation beyond the traditional mainstream focus on regional development and university-based incubators. In the last decade, in particular the phenomenon of accelerators as a particular form of incubators received increasing research interest. A few literature reviews started summarizing the field, but left some important issues unanswered. This systematic review study contributes to this effort deriving current themes and a research agenda. We find that open innovation and social capital theory increasingly complement the resource-based view as frameworks to understand business incubation. Moreover, the phenomenon of private corporate incubators and accelerators gains traction, both in entrepreneurship theory and practice.

Journal ArticleDOI
TL;DR: In this article, the authors investigated the influence of exposure to successful entrepreneurial role models (chosen by students) during entrepreneurship education classes on student entrepreneurial intentions, and assessed how such exposure influenced the attitudes of students towards entrepreneurship.
Abstract: In higher education institutions, entrepreneurship learning based on successful entrepreneurial role models may promote education for sustainable development. Several theoretical perspectives, such as the human capital theory, the entrepreneurial self-efficacy and self-determination theory, argue that entrepreneurship education is positively correlated with entrepreneurial intentions of students, as it provides adequate know-how and skills and motivates them to develop their entrepreneurial careers. In entrepreneurship education programmes, exposure to successful entrepreneurial models could be a significant factor for stimulating students’ confidence in their ability to start a business and for improving their attitudes towards entrepreneurship. This study aims (i) to identify characteristics viewed by students as being specific to a successful entrepreneur, (ii) to establish the influence of exposure to successful entrepreneurial role models (chosen by students) during entrepreneurship education classes on student entrepreneurial intentions, and (iii) to assess how such exposure influences the attitudes of students towards entrepreneurship. For this purpose, the authors ran a pilot experiment with 30 graduate students enrolled in a Business Creation course using a research methodology that combined qualitative techniques with quantitative measures. Content and statistical analyses were utilised to examine differences in student entrepreneurial intentions and attitudes towards entrepreneurship after being exposed to successful entrepreneurial models. Our study provides evidence that entrepreneurship education based on successful entrepreneurial role models may positively influence the entrepreneurial attitudes and intentions of students and could lead to higher orientation of student perception towards social benefits of entrepreneurship (new jobs) compared to financial ones (high income). However, our findings stress that if educators want to improve the efficiency of education focused on developing entrepreneurial skills, graduate programmes should be designed differently for business and non-business students, since studying successful entrepreneurial stories impacts these two groups differently.

Journal ArticleDOI
TL;DR: In this paper, the authors highlight ways that entrepreneurs can take action in light of the current COVID-19 pandemic, focusing on three perspectives (i.e., business planning, frugality, and emotional support).

Journal ArticleDOI
TL;DR: In the early 2000s, research at the intersection of entrepreneurship and strategic management has flourished, as has work at the intersections of strategic management and supply chain management as discussed by the authors, as well as entrepreneurship and entrepreneurship have intersected.

Journal ArticleDOI
TL;DR: In this article, the authors propose a conceptualization of knowledge-intensive innovative entrepreneurship, which can capture the main characteristics of a vital phenomenon in the modern economy, based upon the integration of Schumpeterian entrepreneurship, evolutionary economics, and innovation systems approach.
Abstract: This article proposes a novel conceptualization of knowledge-intensive innovative entrepreneurship, which can capture the main characteristics of a vital phenomenon in the modern economy. Our conceptualization is based upon the integration of Schumpeterian entrepreneurship, evolutionary economics, and innovation systems approach. It consists of a theoretical definition and a stylized process model. According to this view, knowledge-intensive innovative entrepreneurs are involved in the creation, diffusion, and use of knowledge; introduce new products and technologies; draw resources and ideas from their innovation system; and introduce change and dynamism into the economy. In the article, we also offer an empirical definition of knowledge-intensive innovative entrepreneurship, which we then use to identify its key characteristics and relevance. We conclude with recommendations for a future research agenda.

Journal ArticleDOI
TL;DR: In this paper, a bibliometric analysis of the status of the sustainable entrepreneurship field, recognizing main topics from existing research and establishing future challenges for research is presented. And the most productive and relevant journals, countries, institutions and authors are presented.

Journal ArticleDOI
TL;DR: In this article, the authors build on social cognitive career theory to examine the relation between entrepreneurial intention and new venture creation (i.e., the entrepreneurial career choice) and model how contextual influences at different levels may favor or inhibit the translation of entrepreneurial intention into new venture creating.

Journal ArticleDOI
TL;DR: In this paper, the severity of formal and informal institutional voids shapes the productivity of entrepreneurial activities within society, and they propose a new space for institutional theory, and propose a theory of institutional void.
Abstract: Building new space for institutional theory, we propose how the severity of formal and informal institutional voids shapes the productivity of entrepreneurial activities within society. Our theory ...

Journal ArticleDOI
TL;DR: In this article, a review of the current literature on Covid-19 and entrepreneurship education is conducted that highlights the need to incorporate a community approach and enables a better understanding about how communities of educational stakeholders including teachers, students and institutions can facilitate a proactive and positive attitude.
Abstract: Purpose: Covid-19 (coronavirus) has significantly affected education communities particularly in terms of the massive shift towards online learning. This has meant a quick transformation of the curriculum and learning styles to a digital platform. Despite the dramatic change, there is a lack of understanding about what this means particularly for the community of entrepreneurship educators in the higher education sector that rely on practical and immersive training for learning requirements. Design/methodology/approach: This paper is a literature review that discusses how communities of entrepreneurship education practitioners can deal with the Covid-19 pandemic. A review of the current literature on Covid-19 and entrepreneurship education is conducted that highlights the need to incorporate a community approach. This enables a better understanding about how communities of educational stakeholders including teachers, students and institutions can facilitate a more proactive and positive attitude. Findings: The paper finds that managing the Covid-19 crisis is difficult for entrepreneurship educations due to the need for practical and real life examples. This means the use of augmented reality and artificial intelligence is needed to simulate the real environment. This will enable a more community orientated approach to the study and practice of entrepreneurship. Originality/value: This paper is among the first to suggest how this change has taken place and what it means for educational management, thereby providing a unique and timely commentary about how coronavirus has altered in positive and negative ways entrepreneurship education.

Journal ArticleDOI
TL;DR: In this article, the authors explore the manner in which the current COVID-19 crisis is affecting key sources of entrepreneurial finance in the United Kingdom and posit that the unique relational nature of ent...
Abstract: This commentary explores the manner in which the current COVID-19 crisis is affecting key sources of entrepreneurial finance in the United Kingdom. We posit that the unique relational nature of ent...

Journal ArticleDOI
TL;DR: This study offers the first circular business model typology within the agricultural domain, revealing the interconnectedness of the six different business model types and providing options for managers in positioning and adapting their business strategies.

Journal ArticleDOI
TL;DR: In this article, a conceptual framework on how digital readiness, digital technology, and digital business models might sustainably relate to innovation, moderated by a digital transformation process is proposed, aiming to equip practitioners and researchers alike in handling and addressing change through digitalization sustainably.
Abstract: Digitalization plays a major role in contributing towards the United Nations Sustainable Development Goals Without transformation of existing businesses, both economic and environmental challenges of the future cannot be solved sustainably However, there is much confusion on interrelationships and terms dealing with digitization or digitalization: Digital business model, digital transformation, digital entrepreneurship How do these terms interrelate with and to digitalization, and how do they support firms to grow sustainably? To answer this question, we identified seven core digital-related terms based on a structured literature search within the management and economics domain, namely: Digital, Business Model, Digital Business Model, Digital Technology, Digital Innovation, Digital Transformation, and Digital Entrepreneurship Thereafter, we analyzed prior literature for deriving a common understanding and definition as a basis for interrelations within a conceptual framework Definitions were presented in a case study setup with twelve innovation and research and development (R&D) managers from various business units of a German high-tech company Based on these insights, we propose a conceptual framework on how Digital Readiness, Digital Technology, and Digital Business Models might sustainably relate to Innovation, moderated by a Digital Transformation Process With this approach, we aim to equip practitioners and researchers alike in handling and addressing change through digitalization sustainably

Journal ArticleDOI
TL;DR: In this paper, the authors provide entrepreneurship insights, implementations and dynamics to demonstrate the role of entrepreneurship in times of such adversity within an Australian context, and postulate that entrepreneurship may well be the unsung hero during the current COVID-19 economic crisis.
Abstract: The COVID-19 pandemic has not only had a significant and catastrophic effect on business and economies globally, but has identified the external and internal enablement of new venture creation. This paper aims to provide entrepreneurship insights, implementations and dynamics to demonstrate the role of entrepreneurship in times of such adversity within an Australian context. We provide emergent enquiry narratives from leading Australian scholars, identifying entrepreneurial initiatives as a catalyst to new venture creation and growth. Narratives include insights associated with the entrepreneurial mindset, the multidimensional effects of resilience and entrepreneurship, entrepreneurship education, entrepreneurship enablers and the entrepreneurial ecosystem. Opportunities for further research are identified, particularly regarding context and empirical outcomes. We postulate that entrepreneurship may well be the unsung hero during the current COVID-19 economic crisis.