a column by Margaret Dalton, Sari Pekkala Kerr and William Kerr for VOX: CEPR’s Policy Portal
Attempts to discover and describe an entrepreneurial personality – a ‘homo entreprenaurus’ – have run aground on the shoals of heterogeneity.
This column makes use of a collaborative US workspace founded in 2001 to survey four groups: entrepreneurs, non-founding CEOs/leaders, inventor employees, and other employees of innovative firms.
It finds that entrepreneurs display the greatest tolerance for risk as well as the strongest self-efficacy, internal locus of control, and need for achievement. The findings appear to confirm that entrepreneurs do indeed have distinct personalities.
Continue reading
Showing posts with label entrepreneurs. Show all posts
Showing posts with label entrepreneurs. Show all posts
Wednesday, 18 September 2019
Wednesday, 19 December 2018
Credit booms and information depletion
a column by Vladimir Asriyan, Luc Laeven and Alberto Martin for VIX: CEPR’s Policy Portal
Credit booms are perceived to fuel resource allocation and often end in crises that are followed by protracted periods of low growth.
This column investigates the macroeconomic effects of credit booms using a new theory of information production. The theory predicts that when the economy enters a collateral boom, the price of collateral rises and lenders rely more on collateralisation and less on information-producing screening of entrepreneurs.
Empirical evidence based on US data confirms the model’s predictions.
Continue reading
Credit booms are perceived to fuel resource allocation and often end in crises that are followed by protracted periods of low growth.
This column investigates the macroeconomic effects of credit booms using a new theory of information production. The theory predicts that when the economy enters a collateral boom, the price of collateral rises and lenders rely more on collateralisation and less on information-producing screening of entrepreneurs.
Empirical evidence based on US data confirms the model’s predictions.
Continue reading
Thursday, 30 July 2015
Exploring the growing link of ethnic entrepreneurship, markets, and Pentecostalism in London (UK): An empirical study
an article by Ayantunji Gbadamosi (University of East London, UK) published in Society and Business Review Volume 10 Issue 2 (2015)
Abstract
Purpose
This paper aims to unravel how membership of Pentecostal fellowships aids the entrepreneurial activities of African-Caribbean (AC) members. While many issues about the entrepreneurial engagements of AC people have been discussed in the literature, there are far less studies documented about the link of these activities to faith, especially in the context of Pentecostalism.
Design/methodology/approach
Adopting the interpretive research paradigm, a total of 25 tape-recorded, semi-structured, in-depth interviews were conducted with AC entrepreneurs who are members of Pentecostal faith-based organisations in London, and pastors in this same sphere. Sixteen of the respondents are entrepreneurs running and managing their businesses, seven are pastors and the remaining two fall in both categories, as they are both entrepreneurs and still serving as pastors in churches in London. Rather than merely serving as gatekeepers for information, the pastors are active participants/respondents in the study.
Findings
The paper highlights the challenges confronting the AC ethnic entrepreneurs, but also suggests that those in the Pentecostal faith are motivated and emboldened by the shared values in this religion to navigate the volatile marketing environment. It unveils participants’ faith in God as their key business survival strategy. It also shows the unwavering confidence of the respondents that this religious stance results in outstanding business successes like increase in sales and profits, competitive edge, divine creativity and innovation, opportunity recognition, networks, institutional support and other factors that underpin entrepreneurship.
Originality/value
This study unpacks the thickly blurred link between Pentecostalism as a thriving religious orientation among the AC ethnic group in the UK and their entrepreneurial engagements.
Abstract
Purpose
This paper aims to unravel how membership of Pentecostal fellowships aids the entrepreneurial activities of African-Caribbean (AC) members. While many issues about the entrepreneurial engagements of AC people have been discussed in the literature, there are far less studies documented about the link of these activities to faith, especially in the context of Pentecostalism.
Design/methodology/approach
Adopting the interpretive research paradigm, a total of 25 tape-recorded, semi-structured, in-depth interviews were conducted with AC entrepreneurs who are members of Pentecostal faith-based organisations in London, and pastors in this same sphere. Sixteen of the respondents are entrepreneurs running and managing their businesses, seven are pastors and the remaining two fall in both categories, as they are both entrepreneurs and still serving as pastors in churches in London. Rather than merely serving as gatekeepers for information, the pastors are active participants/respondents in the study.
Findings
The paper highlights the challenges confronting the AC ethnic entrepreneurs, but also suggests that those in the Pentecostal faith are motivated and emboldened by the shared values in this religion to navigate the volatile marketing environment. It unveils participants’ faith in God as their key business survival strategy. It also shows the unwavering confidence of the respondents that this religious stance results in outstanding business successes like increase in sales and profits, competitive edge, divine creativity and innovation, opportunity recognition, networks, institutional support and other factors that underpin entrepreneurship.
Originality/value
This study unpacks the thickly blurred link between Pentecostalism as a thriving religious orientation among the AC ethnic group in the UK and their entrepreneurial engagements.
Wednesday, 6 February 2013
The discourse of entrepreneurial masculinities (and femininities)
an article by Eleanor Hamilton (Lancaster University Management School, UK) published in Entrepreneurship and Regional Development Volume 25 Numbers 1-2 (January 2013)
Abstract
The overarching concern of this paper is the dominant discourse of entrepreneurship portrayed as a form of masculinity.
It argues that this discourse is perpetuated by academic research and by media representations of the entrepreneur. The entrepreneur is represented in the media by a narrow range of male stereotypes, whilst women are under-represented and often that representation is linked to domestic concerns.
At the same time, academic studies persistently rely on male experience to theorise entrepreneurship, and women are studied in terms of their difference.
This enduring discourse results in entrepreneurial femininities being rendered invisible.
This paper argues that studies in entrepreneurship should remain alert to the denial and masking of gender. It calls for entrepreneurship researchers to engage with contemporary debates in gender, culture and media studies and proposes a research agenda to challenge the dominant discourses.
Abstract
The overarching concern of this paper is the dominant discourse of entrepreneurship portrayed as a form of masculinity.
It argues that this discourse is perpetuated by academic research and by media representations of the entrepreneur. The entrepreneur is represented in the media by a narrow range of male stereotypes, whilst women are under-represented and often that representation is linked to domestic concerns.
At the same time, academic studies persistently rely on male experience to theorise entrepreneurship, and women are studied in terms of their difference.
This enduring discourse results in entrepreneurial femininities being rendered invisible.
This paper argues that studies in entrepreneurship should remain alert to the denial and masking of gender. It calls for entrepreneurship researchers to engage with contemporary debates in gender, culture and media studies and proposes a research agenda to challenge the dominant discourses.
Monday, 24 December 2012
Tackling the hidden enterprise culture: Government policies to support the formalization of informal entrepreneurship
an article by Colin C. Williams and Sara Nadin (affiliation(s) not provided) published in Entrepreneurship and Regional Development Volume 24 Numbers 9-10 (December 2012)
Abstract
It is now recognised that many entrepreneurs operate wholly or partially in the informal economy. Harnessing this hidden enterprise culture by facilitating its formalisation is therefore a potentially effective and innovative means of promoting economic development and growth.
To start evaluating how this might be achieved, the aim of this paper is to understand entrepreneurs’ motives for operating in the informal economy so as to identify the public policy interventions required to facilitate the formalisation of this hidden enterprise culture.
Reporting a survey of 51 nascent entrepreneurs in North Nottinghamshire, of which 43 were operating in the informal economy, the finding is that entrepreneurs’ rationales for working informally differ according to both whether they operate wholly in the informal economy or have registered enterprises but trade partially off-the-books, as well as whether they view themselves as on a journey towards formalisation or not.
Different policy measures are therefore required to tackle each type of informal entrepreneurship.
The outcome is a tentative call for a more nuanced and bespoke policy approach for tackling the different kinds of informal entrepreneurship that comprise the hidden enterprise culture.
Abstract
It is now recognised that many entrepreneurs operate wholly or partially in the informal economy. Harnessing this hidden enterprise culture by facilitating its formalisation is therefore a potentially effective and innovative means of promoting economic development and growth.
To start evaluating how this might be achieved, the aim of this paper is to understand entrepreneurs’ motives for operating in the informal economy so as to identify the public policy interventions required to facilitate the formalisation of this hidden enterprise culture.
Reporting a survey of 51 nascent entrepreneurs in North Nottinghamshire, of which 43 were operating in the informal economy, the finding is that entrepreneurs’ rationales for working informally differ according to both whether they operate wholly in the informal economy or have registered enterprises but trade partially off-the-books, as well as whether they view themselves as on a journey towards formalisation or not.
Different policy measures are therefore required to tackle each type of informal entrepreneurship.
The outcome is a tentative call for a more nuanced and bespoke policy approach for tackling the different kinds of informal entrepreneurship that comprise the hidden enterprise culture.
Monday, 19 November 2012
Validating the Future Career Autobiography as a Measure of Narrative Change
an article by Mark C. Rehfuss (Old Dominion University, Norfolk, VA, USA) and Annamaria Di Fabio (University of Florence, Italy) published in Journal of Career Assessment Volume 20 Number 4 (November 2012)
Abstract
This study examined the validity of the Future Career Autobiography (FCA; Rehfuss, 2009), a qualitative instrument designed to capture change or stability in individuals’ life and occupational narratives across time as a result of narrative career interventions.
Italian female entrepreneurs (N = 82) were randomly assigned into either an experimental group (n = 40) that received career counselling consistent with the Life Design paradigm or a control group (n = 42) that received no intervention.
The results indicated a significant narrative movement or change in the post-FCAs of the experimental group, moving from general to more specific life and occupational themes, while the control group’s pre- and post-FCAs remained similar across the same time period.
In addition, word count analysis revealed expanded narrative expression within the experimental group’s post-FCAs.
Together, these findings support the validity of this qualitative instrument.
Abstract
This study examined the validity of the Future Career Autobiography (FCA; Rehfuss, 2009), a qualitative instrument designed to capture change or stability in individuals’ life and occupational narratives across time as a result of narrative career interventions.
Italian female entrepreneurs (N = 82) were randomly assigned into either an experimental group (n = 40) that received career counselling consistent with the Life Design paradigm or a control group (n = 42) that received no intervention.
The results indicated a significant narrative movement or change in the post-FCAs of the experimental group, moving from general to more specific life and occupational themes, while the control group’s pre- and post-FCAs remained similar across the same time period.
In addition, word count analysis revealed expanded narrative expression within the experimental group’s post-FCAs.
Together, these findings support the validity of this qualitative instrument.
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