Antecedents of the small firm effect: the role of knowledge spillover and blocked mobility for employee entrepreneurial intentions

2016 ◽  
Vol 13 (1) ◽  
pp. 277-297 ◽  
Author(s):  
Johanna Gast ◽  
Arndt Werner ◽  
Sascha Kraus
Keyword(s):  
Small Firm ◽  
Knowledge Spillover ◽  
Entrepreneurial Intentions ◽  
Firm Effect ◽  
Blocked Mobility

Formation of university scholars’ entrepreneurial intentions: Interaction between perceived desirability and perceived feasibility

2020 ◽  
Vol 48 (1) ◽  
pp. 1-13
Author(s):  
Wen Li ◽  
Yurong Zhang
Keyword(s):  
Significant Role ◽  
Moderating Effect ◽  
Entrepreneurial Intentions ◽  
Environmental Support ◽  
Academic Entrepreneurs ◽  
Event Model ◽  
Perceived Desirability ◽  
Practical Implications

Drawing on the entrepreneurial event model, we examined the role of perceived desirability and perceived feasibility and their interaction in university scholars' entrepreneurial intentions, with data from 252 Chinese academic entrepreneurs. Results showed that perceived feasibility only had a significant effect on scholars' entrepreneurial intentions formation. Further, the moderating effect of external environmental support brought about an interactive mechanism between perceived desirability and perceived feasibility: When perceived desirability was low, perceived feasibility played a more significant role in entrepreneurial intentions formation, and vice versa. Theoretical contributions and practical implications are discussed.

DAY-OF-THE-WEEK EFFECT IN US BIOTECHNOLOGY STOCKS — DO POLICY CHANGES AND ECONOMIC CYCLES MATTER?

2016 ◽  
Vol 11 (02) ◽  
pp. 1650008
Author(s):  
SWARN CHATTERJEE ◽  
AMY HUBBLE
Keyword(s):  
Stock Returns ◽  
Small Firm ◽  
Economic Cycles ◽  
Trading Decisions ◽  
Portfolio Managers ◽  
Small Investors ◽  
Garch Processes ◽  
Day Of The Week ◽  
Firm Effect ◽  
Daily Returns

This study examines the presence of the day-of-the-week effect on daily returns of biotechnology stocks over a 16-year period from January 2002 to December 2015. Using daily returns from the NASDAQ Biotechnology Index (NBI), we find that the stock returns were the lowest on Mondays, and compared to the Mondays the stock returns were significantly higher on Wednesdays, Thursdays, and Fridays. The day-of-the-week effect on returns of biotechnology stocks remained significant even after controlling for the Fama–French and Carhart factors. Moreover, the results from using the asymmetric generalized autoregressive conditional heteroskedastic (GARCH) processes reveal that momentum and small-firm effect were positively associated with the market risk-adjusted returns of the biotechnology stocks during this period. The findings of our study suggest that active portfolio managers need to consider the day of the week, momentum, and small-firm effect when making trading decisions for biotechnology stocks. Implications for portfolio managers, small investors, scholars, and policymakers are included.

The Small Firm Effect

1983 ◽  
Vol 39 (3) ◽  
pp. 46-49 ◽  
Author(s):  
Ivan L. Lustig ◽  
Philip A. Leinbach
Keyword(s):  
Small Firm ◽  
Firm Effect

scholarly journals Promoting Female Entrepreneurship: The Impact of Gender Gap Beliefs and Perceptions

SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110184
Author(s):  
Camelia Ilie ◽  
Abel Monfort ◽  
Gaston Fornes ◽  
Guillermo Cardoza
Keyword(s):  
Gender Gap ◽  
Multivariate Regression Analysis ◽  
Public Institutions ◽  
Policy Implications ◽  
Entrepreneurial Intentions ◽  
Cultural Barriers ◽  
Female Entrepreneurship ◽  
Spanish Women ◽  
The Impact

Perceptions and institutional frameworks can be barriers or facilitators to the development of female entrepreneurship policies. Institutions rely on factual data on the gender gap to evaluate their policies. However, the literature shows that the research and institutions should also analyze the impact of social beliefs on the success of these policies and initiatives. This study focuses on the impact of these perceptions in promoting female entrepreneurship. Data were collected from 287 responses to a questionnaire from Spanish women and men and were analyzed using multivariate regression analysis. The results show that the perception of lack of equality increases the gender gap even if there are specific and effective policies in a society that attempt to eliminate the gender gap in terms of the role of women in the home or positions of power. The main result is that these perceptions ultimately affect women’s entrepreneurial intentions. The results have policy implications for companies and public institutions willing to change the gender narrative about entrepreneurship and design policies and initiatives that help women overcome cultural barriers and effectively promote female entrepreneurship.

scholarly journals Why Do Life Scientists Decide to Become Entrepreneurs? The Role of Motivations

2016 ◽  
Vol 11 (5) ◽  
pp. 57 ◽  
Author(s):  
Nadia Di Paola ◽  
Rosanna Spano ◽  
Roberto Vona ◽  
Adele Caldarelli
Keyword(s):  
Qualitative Comparative Analysis ◽  
Life Sciences ◽  
Policy Implications ◽  
Entrepreneurial Intentions ◽  
Control Beliefs ◽  
Process Data ◽  
Entrepreneurial Action ◽  
Economic Nature ◽  
External Incentives

<p>The linkage between entrepreneurial ideas and actions continues to be central to the entrepreneurship debate. However, the possible implications of the various entrepreneurial motivations for the process are still largely understudied. On this basis, our study aims to contextualise the theoretical model linking entrepreneurial intentions, motivations and actions, with particular reference to academic entrepreneurship within the Life Sciences. We use the qualitative comparative analysis (QCA) set-theoretic method to process data gathered amongst 25 scholars active in the Life Sciences context. We carried out the analysis in two steps. The first reveals that a condition which determines entrepreneurial intentions is the absence of normative beliefs together with the presence of control beliefs. In contrast, the research highlights that the entrepreneurial intentions are able to determine the entrepreneurial action. However, as the second step shows, these alone are not sufficient and need to be complemented by extrinsic motivations, that is, those correlated to external incentives/benefits (above all of an economic nature). Our findings offer interesting insights into the whole phenomenon, revealing that the reference to specific contexts may well determine implications which differ from those already detected in the literature, with undeniable effects in terms of managerial and policy implications.</p>

scholarly journals Impact of Entrepreneurial Education on Entrepreneurial Intentions of Pakistani Students

2015 ◽  
Vol 2 (1) ◽  
pp. 43 ◽  
Author(s):  
Altaf Hussain ◽  
Dr. Norashidah
Keyword(s):  
Business Students ◽  
Entrepreneurial Intention ◽  
Important Variable ◽  
Entrepreneurial Intentions ◽  
Theoretical Knowledge ◽  
Network Development ◽  
Entrepreneurial Education ◽  
Entrepreneurship Research ◽  
Study Results

Why an individual prefer to become an entrepreneur and what factor motivated his intentions for becoming an entrepreneur is considered important question in entrepreneurship research. Entrepreneurial education is considered an important variable which effect on entrepreneurial intentions. However, empirical research results on entrepreneurial education and entrepreneurial intention yielded mixed results. To investigate further this question from developing countries perspective, this paper looks at the role of entrepreneurial education in developing the entrepreneurial intentions for becoming entrepreneur. The sample for this study composed of final year business students from Pakistan. The result of this study supports the entrepreneurial intentions model based on the theory of planned behavior. The results further suggested significant influence of entrepreneurial education on entrepreneurial intentions of the students. Moreover, this study results also showed that theoretical knowledge of entrepreneurship (know-what) and knowledge of social network development (know-who) component are vital for imparting entrepreneurial education.

scholarly journals The role of universities in supporting entrepreneurial intentions of students toward sustainable entrepreneurship

2020 ◽  
Vol 8 (1) ◽  
pp. 573-589
Author(s):  
Janka Betáková ◽  
Katarína Havierniková ◽  
Małgorzata Okręglicka ◽  
Monika Mynarzova ◽  
Robert Magda
Keyword(s):  
Entrepreneurial Intentions ◽  
Sustainable Entrepreneurship

scholarly journals The mediating role of passion in entrepreneurship intention: Identity centrality and role models increase passion

2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Doan Thi Thanh Thuy ◽  
Nguyen Tran Cam Linh ◽  
Nguyen Ngoc Dan Thanh
Keyword(s):  
Role Models ◽  
Quantitative Research ◽  
Role Model ◽  
Entrepreneurial Intentions ◽  
Mediating Role ◽  
Entrepreneurial Passion ◽  
Start Up ◽  
Identity Centrality ◽  
Entrepreneurial Role

Entrepreneurial passion is the key to starting a business. Passion motivates desire so that entrepreneurs strive to achieve success. Passion is not only the experience of intense emotions but also a part of identity centrality. On the other hand, an individual’s entrepreneurial decisions can be influenced by the opinions and behaviors conveyed by others and a person's career ambitions can be significantly stimulated if they have a role model. The role model, in addition to inspiration, also plays an important role in helping individuals learn to identify themselves so entrepreneurial role models impart entrepreneurial passion for individuals to shape entrepreneurial intentions. Hence, the purpose of this paper is to examine the mediating role of passion in both relationships: between entrepreneurial identity centrality and entrepreneurship intention as well as between the entrepreneurial role model and entrepreneurship intention. The study is a quantitative research, data is surveyed in a single time collected from a population. 531 questionnaires are distributed to young people who are studying and working in Ho Chi Minh City and has the intention to start-up their own business. The findings of the research show that both above relationships are significantly mediated by passion. The research could support the theory of distal and proximal antecedence that influence entrepreneurship intention for students.

Business social networks and academics' entrepreneurial intentions

2014 ◽  
Vol 114 (2) ◽  
pp. 292-320 ◽  
Author(s):  
Virginia Fernández-Pérez ◽  
Patricia Esther Alonso-Galicia ◽  
María del Mar Fuentes-Fuentes ◽  
Lazaro Rodriguez-Ariza
Keyword(s):  
Social Networks ◽  
Structural Equation ◽  
Relevant Information ◽  
Entrepreneurial Intentions ◽  
Financial Networks ◽  
Sample Population ◽  
Research Knowledge ◽  
Psychological Variables ◽  
Content Type

Purpose – This study analyses the role of social networks and their effects on academics' entrepreneurial intentions (AEI), from an academic cognitive perspective. Specifically, the paper investigates how business (distinguishing between industrial and financial links) and personal social networks, through opportunity-relevant information and support, could influence academics' intentions to start a business venture on the basis of their research knowledge. The paper examines the mediator roles of entrepreneurial attitudes (EA) and self-efficacy on opportunity recognition (SOR) as important psychological variables for academics. In the same context, the paper examines the mediator role of gender. Design/methodology/approach – The hypotheses were tested using structural equation modelling analysis, on a sample population of 500 Spanish academics engaged in commercially oriented fields of research. Findings – The results obtained highlight the positive roles played by business (industrial and financial) networks, both directly in promoting AEI, and indirectly via EA and SOR. The paper finds that male and female academics differ in their perceptions of support from business and financial networks and in their use of these resources in business start-up. Practical implications – An understanding of these issues offers opportunities to shape government interventions to assist academic entrepreneurs embarking on a business venture, or those already active in this respect, increasing their effectiveness in building, utilizing and enhancing the quality of networking activities. Originality/value – The paper explores business networking for academics as a factor promoting entrepreneurship. Furthermore, the paper considers an under-researched area that of female entrepreneurship in what is traditionally considered a male-dominated activity.

scholarly journals Entrepreneurial Intentions of Pakistani Students: The Role of Entrepreneurial Education, Creativity Disposition, Invention Passion & Passion for Founding

2018 ◽  
Vol 10 (3) ◽  
pp. 76 ◽  
Author(s):  
Temoor Anjum ◽  
Sara Ravan Ramzani ◽  
Muhammad Farrukh ◽  
Valliappan Raju ◽  
Nida Nazar ◽  
...  
Keyword(s):  
University Students ◽  
Partial Least Square ◽  
Theory And Practice ◽  
Least Square ◽  
Entrepreneurial Intentions ◽  
Equation Modeling ◽  
Entrepreneurial Education ◽  
Entrepreneurial Passion ◽  
The Impact

The purpose of this study was to investigate the impact of entrepreneurial education on entrepreneurial intentions of the university students, moreover, a mediating role of  Entrepreneurial Passion, Perceived Creativity Disposition and Entrepreneurial Passion was also assessed. Data were collected from 595 university students; Partial least square technique was used with the help of SmartPLS software. Results of partial least square structural equation modeling showed that all the hypothesized direct and indirect relationship were supported. Possible implications for theory and practice are discussed in detailed.

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