scholarly journals New venture creation: a systematic review of associated literature

2020 ◽  
Vol 15 (1) ◽  
pp. 56-79
Author(s):  
Colin Donaldson ◽  
Guillermo Mateu

New venture creation is an integral facet of entrepreneurship and as consequence has been subject to increased research attention within extant literature. Although momentum has been gained in search of explicating this broad and diverse phenomenon there is still great potential to further our understanding. Progress in expanding knowledge will be most effective if we are able to constructively build upon explicitly recognised common foci that can serve as a foundation to cooperative contribution. The current article has the objective of providing an up-to-date thematic overview via systematic means of the main research interests that are being attended to within the new venture creation domain. The study is based on a comprehensive search of the SCOPUS database up until, and including, the year 2017. Thus, there is the useful and original provision of a parsimonious overview of the many heterogenous factors implicated within the process. Citation analysis is used as a framework to distinguish influential publications and their interconnections, with intellectual foundations and theoretical underpinnings driving research presented. A key implication of the work is the provision of a classification of key trending themes based on four priority constructs that can inspire new research avenues and greater collaboration in future investigative efforts.

Author(s):  
Meir Russ

The paper summarizes in a step by step ‘recipe’ format a model of developing new ideas (Ideation) that can be used to form a new venture or develop a new product. The proposed ‘recipes’ are widely used and can be applied in tandem with other prevalently available models or tools. The intention of the paper is also to serve as a resource for entrepreneurs and innovators, and the links and references munificently used in the paper are serving this purpose. The author has used the outline and the tools described here in numerous Ideation classes taught for over a decade in several countries around the world. The paper’s intention is not to conduct a systematic review on the subject of new venture creation or propose new research agenda (for that, see for example Shepherd et al., 2021). The purpose is to provide an effective and efficient set of tools, models and techniques that can assist the entrepreneur in her journey to create and achieve her dreams. One such tool is the matrix of Reasonings-Outcomes introduced here for the first time.


Author(s):  
Mehdi Zivdar ◽  
Narges Imanipour

Entrepreneurs’ decision-making process is one of the main research topics in entrepreneurship studies. This research aims to conceptualize the antecedents of new venture creation decision in Iranian high tech industries. The research utilizes an innovative non-teleological approach in order to take into account the specific regional context of Iran. Most research into entrepreneurial decision making utilizes teleological approaches; however, these models could not adequately explain the phenomena within the Iranian context. This qualitative study utilized event- based interviews with 20 nascent entrepreneurs. Results from coding, categorizing and validating the research findings, revealed 3 main categories as antecedents of new venture creation decision. Accordingly, concepts of entrepreneurial meta-cognition; primary actions and receiving feedback; and positive attitude toward change, constitute the main antecedents of new venture creation decision in this context. The findings also reveal the non-teleological nature of entrepreneurial decision-making, and adoption of some effectuation logics in the studied decision-making process.


2017 ◽  
Vol 29 (9-10) ◽  
pp. 912-944 ◽  
Author(s):  
Galina Shirokova ◽  
Oleksiy Osiyevskyy ◽  
Michael H. Morris ◽  
Karina Bogatyreva

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Hamdi ◽  
Nurul Indarti ◽  
Hardo Firmana Given Grace Manik ◽  
Andy Susilo Lukito-Budi

Purpose This study aims to examine the effect of entrepreneurial intention and attitude towards knowledge sharing on new business creation by comparing two generations, Y generation (millennials) and Z generation (post-millennial). In addition, the current study uses a social cognitive theory as a point of departure to test the research hypotheses. Design/methodology/approach This study deploys a quantitative approach (hypothetic-deductive approach) by surveying 300 respondents representing the two Indonesian generations. The questionnaire consisting of demographic items (age, education, etc.) and variables was the primary research instrument. This study used regression analysis, a Wald test for examining the proposed hypotheses and a t-test to provide a deeper analysis of the findings. Findings Findings from the current study show that Gen Y is still seeking a balance for their learning sources by involving in their social environments as well as exploring the digital world. In contrast, Gen Z is much more dominant in the independence to learn things that interest them. They have less dependency on social patrons but prioritise themselves as the leading model. Practical implications The findings of this study provide practical implications for higher education institutions in the development of entrepreneurship education to achieve learning effectiveness. Originality/value This study aims to contribute by providing empirical evidence in the effect of entrepreneurial orientation and attitude towards knowledge sharing on new venture creation with particular reference to Gen Y and Gen Z, suggested by previous studies. Although Gen Y and Gen Z are digital natives, this study provides insight into a shift in the characteristic of two generations, as also found in comparison to previous generations, such as Baby-Boomer vs Gen X and Gen X vs Gen Y. This study proclaims the need to adjust organisational theories to enable them to explain the shifting phenomena at the micro and macro level for every generation. Exploratory research to better understand the characteristics of a generation in other settings is a crucial proposal proposed by this study.


10.28945/4385 ◽  
2019 ◽  
Vol 3 ◽  
pp. 075-087
Author(s):  
Douglas H Carter

Entrepreneurship has emerged over the last three decades as arguable the most potent economic force the world has ever experienced. This economic expansion has paralleled rapid growth in the field of entrepreneurship education. Recent developments in curricula and programs devoted to entrepreneurship, new venture creation and corporate innovation have been remarkable. The number of colleges and universities that offer courses related to entrepreneurship has grown from a handful 35 years ago to over 3000 today. In the midst of this expansion lies the challenge of establishing and sustaining entrepreneurship programs in universities across the globe. (Morris, Kuratko & Cornwall, 2013) The literature review will help inform us of the current status of entrepreneurship programs on university campuses and provide us with some indication of any changes in the idea of where to place a new program.


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