Journal articles: 'Entrepreneurial governance'

1

Wiggins, Carla, John Beachboard, Kenneth Trimmer, and Lela (“Kitty”) Pumphrey. "Entrepreneurial IT Governance." International Journal of Healthcare Information Systems and Informatics 1, no. 4 (October 2006): 40–54. http://dx.doi.org/10.4018/jhisi.2006100104.

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Jiang, Danrong, Yajing Liu, Xinke Kang, and Lili Liu. "Research on the Influencing Factors and Regulation Mechanism of Entrepreneurial Team Governance." E3S Web of Conferences 409 (2023): 03014. http://dx.doi.org/10.1051/e3sconf/202340903014.

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Current research on entrepreneurial teams has increasingly focused on governance issues, particularly the outcome variables of entrepreneurial team governance. However, there is less examination of the antecedent variables and mediating mechanisms that influence entrepreneurial team governance. This study uses a questionnaire survey to empirically test the factors influencing entrepreneurial team governance and the moderating effect of ethical leadership. Survey data from 187 entrepreneurial teams were analyzed. Results show that founder-member relationships positively affect contractual and relational governance, and human capital specificity positively affects contractual governance and partially affects relational governance. Equity balance negatively affects relational governance and partially affects contractual governance, while equity concentration has no significant effect on governance. Ethical leadership weakens the positive impact of founder-member relationships on contractual governance, but has no significant effect on other relationships. These findings provide theoretical and empirical evidence for understanding the antecedent variables that influence entrepreneurial team governance and the moderating effect of leadership style.

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Olsson, Amy Rader, Hans Westlund, and Johan P. Larsson. "Entrepreneurial Governance and Local Growth." Sustainability 12, no. 9 (May 9, 2020): 3857. http://dx.doi.org/10.3390/su12093857.

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Do local development policies influence local employment growth? Based on a survey to municipal managers in all Swedish municipalities, this is one of the first studies to empirically assess the relationship between reported local development initiatives (entrepreneurial governance (EG)) and growth of local employment. We find a weak but significant association between EG and employment growth for urban municipalities. This suggests that EG is more effective in larger, growing municipalities than in smaller, declining rural areas. Urban municipalities may of course have more resources for entrepreneurial governance than rural ones as they have grown substantially faster for a long period of time. The result thus indicates that EG and growth are in a positive interplay of interaction. When the EG index was divided into three sub-indexes after the entrepreneurial process (discover or create opportunities, collect resources and exploit opportunities) the analyses also showed positive correspondence between some sub-indexes and employment growth for the rural municipalities, indicating that EG is not solely a phenomenon connected to growth in urban, growing municipalities. In sum, the article indicates several avenues through which entrepreneurial governance at local level might be linked to local growth.

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Audretsch, David B. "Corporate Governance and Entrepreneurial Firms." Foundations and Trends® in Entrepreneurship 9, no. 6 (2014): 1–160. http://dx.doi.org/10.1561/0300000037.

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Colombo, Massimo G., Giovanni Battista Dagnino, Erik E. Lehmann, and MariPaz Salmador. "The governance of entrepreneurial ecosystems." Small Business Economics 52, no. 2 (November 28, 2017): 419–28. http://dx.doi.org/10.1007/s11187-017-9952-9.

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Fereidouni, Hassan Gholipour, and Tajul Ariffin Masron. "Governance Matters and Entrepreneurial Activities." Thunderbird International Business Review 54, no. 5 (August 29, 2012): 701–12. http://dx.doi.org/10.1002/tie.21494.

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Chatterjee, Ipsita. "Governance as ‘Performed’, Governance as ‘Inscribed’." Urban Studies 48, no. 12 (August 9, 2011): 2571–90. http://dx.doi.org/10.1177/0042098011411940.

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The ‘new urban politics’ literature highlights local entrepreneurialism as the basis of neo-liberal urbanism; this article adds to this literature by demonstrating how entrepreneurial neo-liberalism and ethno-religiosity are inflected in governance. Two concepts are proposed: ‘governance as performed’ (practice of ethno-religious entrepreneurialism) and ‘governance as inscribed’ (documenting policy through scientific planning). The dialectical interplay between ‘performance’ and ‘inscription’ defines the terrain of ‘new urban governance’ in its global/local entirety. Using examples from Ahmedabad city, India, this paper explicates how ‘governance as performed’ and ‘governance as inscribed’, produce dual narratives of the ‘lived’ and the ‘inscribed’ city. The narrative of abstract and objective Ahmedabad inscribed in planning documents directly contradicts the ‘grubby practices’ of entrepreneurial, ethno-religious neo-liberalism performed in the city. By simultaneously analysing both narratives, this article proposes to demystify the contexts of exclusion, thus exposing injustice embedded in ‘new urban politics’.

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Mai, Yingping, Wenzhi Zheng, Yenchun Jim Wu, and Tse-Ping Dong. "Impact of Entrepreneurial Team Contractual Governance on New Venture Resilience: The Mediating Role of Resource Bricolage." Sustainability 15, no. 4 (February 14, 2023): 3518. http://dx.doi.org/10.3390/su15043518.

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Entrepreneurial teams are seen as pilots with which to steer growth in new ventures. However, there is currently a lack of studies exploring how they work under conditions of uncertainty. Based on the upper echelons theory and institutional theory, this study aims to reveal the role of entrepreneurial teams in new venture resilience through a questionnaire survey. Based on the data of 549 valid respondents, we find that resource bricolage is the key factor in new venture resilience, for which entrepreneurial team autonomy management governance is the most effective means. Specifically, (1) Entrepreneurial team profit-sharing governance and management autonomy governance significantly improve new venture resilience, whereas equity governance does not. (2) All the assessed means of entrepreneurial team contractual governance positively stimulate resource bricolage, with management autonomy governance playing the greatest role. (3) Resource bricolage significantly promotes new venture resilience and plays a complete mediating role in the relationship between equity governance and organizational resilience, and also plays a partial mediating role in the relationships of profit-sharing governance and management autonomy governance in regard to organizational resilience. These results suggest that entrepreneurial teams should prioritize authorizing further management rights to encourage team members to take on additional responsibilities, which could improve the resource bricolage capacities of new ventures and thus strengthen their resilience in tackling struggles.

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Cunningham, James A., Matthias Menter, and Katharine Wirsching. "Entrepreneurial ecosystem governance: a principal investigator-centered governance framework." Small Business Economics 52, no. 2 (November 27, 2017): 545–62. http://dx.doi.org/10.1007/s11187-017-9959-2.

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Nasser, Wael Hatem. "Innovation governance and entrepreneurial alertness: mediating roles of entrepreneurial behaviour." International Journal of Entrepreneurial Venturing 15, no. 3 (2023): 256–72. http://dx.doi.org/10.1504/ijev.2023.131662.

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N.A., Wael Hatem Nasser. "Innovation Governance and Entrepreneurial Alertness: Mediating Roles of Entrepreneurial Behavior." International Journal of Entrepreneurial Venturing 15, no. 3 (2023): 1. http://dx.doi.org/10.1504/ijev.2023.10055463.

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Fuller, Crispian. "Entrepreneurial urbanism, austerity and economic governance." Cambridge Journal of Regions, Economy and Society 11, no. 3 (September 29, 2018): 565–85. http://dx.doi.org/10.1093/cjres/rsy023.

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Lauermann, John. "Municipal statecraft." Progress in Human Geography 42, no. 2 (October 13, 2016): 205–24. http://dx.doi.org/10.1177/0309132516673240.

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The entrepreneurial city is no longer (only) a growth machine: recession and austerity, new forms of financialization, and diverse experiments in urban policy have diluted local elites’ focus on growth. But entrepreneurial urban governance remains remarkably resilient despite its inability to deliver growth. Indeed, in many cities entrepreneurial tactics – e.g. municipal speculation, place branding, and inter-urban competition – are simply standard operating procedure. Recent scholarship on entrepreneurial urban governance demonstrates a need for re-theorizing the assumed interdependence between entrepreneurial practices and growth politics. This calls into question the nature of the ‘entrepreneurs’ of the entrepreneurial city, that is, the nature of municipal states. They increasingly (i) apply entrepreneurial practices to multiple governance agendas in parallel to growth, (ii) evaluate their portfolios in both speculative and more broadly experimental ways, and (iii) challenge top-down narratives about inter-urban competition through inter-urban diplomacy. Each of these characteristics shows the disruptive potential of interventionist forms of municipal statecraft.

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Atinc, Guclu, Mark Kroll, and Bruce Walters. "Detrimental effects of post-IPO corporate governance changes." Management Decision 55, no. 2 (March 20, 2017): 234–47. http://dx.doi.org/10.1108/md-02-2016-0084.

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Purpose The authors contend that immediately following the initial public offering (IPO), the new owners that replace the original ones are likely to request changes in two corporate governance mechanisms, board of directors and top management teams (TMTs). Following these alterations, the purpose of this paper is to propose that such changes will be detrimental for the performance of young entrepreneurial firms. Design/methodology/approach This study examines the post-IPO governance changes in young entrepreneurial firms. The sample consists of 185 companies that went public between 2001 and 2005. A hierarchical linear regression approach with the appropriate control variables is adopted to test the proposed hypotheses. Findings The results revealed that, following the changes in ownership structure post-IPO, changes are observed in one of the corporate governance mechanisms the authors considered, boards of directors, but not TMTs. Consistent with the general theme of this study, the authors also observed a negative impact of changes in boards of directors on subsequent firm performance; this was not the case with TMTs. Research limitations/implications Contrary to the fundamental contentions of agency theory, the results highlight the need for adopting a different approach for young entrepreneurial firms. Practical implications The findings highlight the importance of preserving the entrepreneurial efficacy of young entrepreneurial firms. Originality/value This paper challenges the fundamental contentions of agency theory in the case of young entrepreneurial firms. The results demonstrate that post-IPO shareholders’ interference with the governance mechanisms results in lower performance.

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Chiang, Kevin C. H., Rocki-Lee DeWitt, David Folkman, and Long Jiao. "REIT Governance, Entrepreneurial Control, and Corporate Value." Journal of Real Estate Research 40, no. 2 (April 1, 2018): 241–66. http://dx.doi.org/10.1080/10835547.2018.12091499.

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Du Gay, Paul. "‘Businessing’ Bureaucracy: entrepreneurial governance and public management." Management Research News 17, no. 7/8/9 (July 1994): 20–21. http://dx.doi.org/10.1108/eb028348.

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Daily, Catherine M., Patricia P. McDougall, Jeffrey G. Covin, and Dan R. Dalton. "Governance and Strategic Leadership in Entrepreneurial Firms." Journal of Management 28, no. 3 (June 2002): 387–412. http://dx.doi.org/10.1177/014920630202800307.

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Corporate governance has been a central focus of strategic management research, particularly the associations among governance structures, strategic leaders, and firm performance. Extant research, however, provides little evidence of systematic relationships in these areas. There are a series of theoretical/conceptual rationales suggesting that such relationships might be more pronounced in entrepreneurial firms. Accordingly, we provide an overview and synthesis of the entrepreneurship literature addressing the intersection of governance and strategic leadership with firm performance. The strongest relationships reflected in this literature are consistent with a resource dependence perspective of the firm. We conclude with several suggestions for advancing research in this important domain.

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O'Brien, Jonathan, and Amir Sasson. "A contingency theory of entrepreneurial debt governance." Journal of Business Research 81 (December 2017): 118–29. http://dx.doi.org/10.1016/j.jbusres.2017.08.011.

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O’Brien, Peter, and Andy Pike. "‘Deal or no deal?’ Governing urban infrastructure funding and financing in the UK City Deals." Urban Studies 56, no. 7 (April 23, 2018): 1448–76. http://dx.doi.org/10.1177/0042098018757394.

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How urban infrastructure is funded, financed and governed is a central issue for states at the national, city-regional and city scales. Urban infrastructure is being financialised by financial and state actors and transformed into an asset in the international investment landscape. Local governments are being compelled by national state and financial institutions to be more entrepreneurial in their infrastructure funding and financing and to reorganise their governance arrangements. This article explains the socially and spatially uneven unfolding and implications of urban infrastructure financialisation and local government attempts to implement more entrepreneurial practices and governance forms. The empirical focus is the City Deals in the UK: a new form of urban governance and infrastructure investment based upon negotiated central–local government agreements on decentralised powers, responsibilities and resources. The continued authority of the highly centralised UK national state, its managerialist institutions and conservative/risk-averse administrative culture have constrained urban infrastructure financialisation and entrepreneurial urban governance in the UK City Deals. Situated in their particular spatial, temporal, political-economic and institutional settings, financialisation is understood as a socially and spatially variegated process and urban governance is interpreted as the articulation and mixing of new entrepreneurial and enduring managerialist forms.

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Wang, Shiquan, Guoyin Shang, and Shuang Zhang. "Corporate governance and evolution of trust in entrepreneurial networks." Chinese Management Studies 13, no. 4 (November 4, 2019): 939–66. http://dx.doi.org/10.1108/cms-07-2018-0620.

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Purpose Concerning that limited explanation exists examining the function of corporate governance in trust processing within entrepreneurial network development, the purpose of this paper is to explore trust evolution and the role of corporate governance in an entrepreneurial network. Design/methodology/approach This paper makes an innovative exploration based on the case study of NVC Lighting Holding Limited. Findings It proposes that in the initial period of network relationship which is based on entrepreneur’s individual social network and embodies sole social network embeddness, entrepreneurial network relies more on affective trust than contractual trust. When stepping into extending period of network relationship which reflects separate embeddedness of social and market network, however, entrepreneurial network has an equal reliance on both affective trust and contractual trust. With further development, when ushering in the phase of maturity which undergoes superimposing embeddedness of both social and market network, entrepreneur network inclines to rely more heavily on affective trust than contractual trust. During the whole process, it can be found that the reliance of entrepreneurial network on trust has the tendency to transfer from affective trust to contractual trust. Furthermore, decreasing of equity ratio of founders and strengthening of controlling right heterogeneity in the corporate governance have facilitated the transfer process and the entrepreneurs’ authority has restraining effect on the evolution of the process. Originality/value Through case study, this paper presents the trust evolution process in different stages of entrepreneurial network. Another important theoretic contribution of this paper is that it reveals the function of corporate governance in trust processing within entrepreneurial network development.

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Ogunsade, Adekunle, Demola Obembe, Kassa Woldesenbet, and Aderemi Ojebode. "Institutional Change and Entrepreneurial Governance in Sub-Saharan Africa: Implications for Inclusive Growth and Development." Journal of Enterprising Culture 30, no. 01 (March 2022): 71–89. http://dx.doi.org/10.1142/s0218495822500030.

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A key focus for entrepreneurial development strategies for many economies is to facilitate sustainable and inclusive growth that will create jobs and reduce poverty. Sub-Saharan Africa (SSA) is confronted with institutional challenges in bringing these objectives into fruition. We draw from institutionalism and entrepreneurial governance theory to explore institutional context and challenges to entrepreneurial development and inclusive growth in Africa. We theorize that entrepreneurial governance and public policy must focus on policy direction, enterprise enabling institutions for nascent entrepreneurs, seed funding and local embeddedness to eliminate institutional voids. We provide a dynamic view of institutional context and offer a policy framework to uncover challenges to entrepreneurial emergence and sustainable development in Africa. The study submits that enabling entrepreneurial activities for inclusive growth and sustainable development in Sub-Saharan Africa requires the right institutional and supporting ecosystem.

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Gancarczyk, Marta, and Sławomir Konopa. "Exploring the Governance of Entrepreneurial Ecosystems for Productive High Growth." Foresight and STI Governance 15, no. 4 (December 20, 2021): 9–21. http://dx.doi.org/10.17323/2500-2597.2021.4.9.21.

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This paper aims to empirically identify the characteristics and governance types of regional entrepreneurial ecosystems (EEs) associated with productive high-growth entrepreneurship (PHGE). We developed a unique database comprised of public statistics on high-growth enterprises and regional EEs in Poland over the course of 2011–2018. The Hierarchical Clustering on Principal Components and a taxonomic analysis were used to identify how different types of EE governance relate to varying levels of high-growth enterprises’ performance. We have identified and described the relationships between PHGE and diverse clusters of EE governance and evolution stages toward developed structures. Two clusters proved similarly effective in generating PHGE and they represent alternative EE governance solutions as well as the most advanced evolutionary phases. The proposed conceptualizations of productive high-growth entrepreneurship and EE governance types advance the understanding and measurement of these phenomena. The profiling and configurational approach adopted in this research reflects the heterogeneity of EE governance types and outcomes and can be further replicated in other research settings.

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Al Rawaf, Razan Abdullah, and Abdulaziz Abdulmohsen Alfalih. "The Role of Governance in Achieving Sustainability in Family-Owned Business: Do Responsible Innovation and Entrepreneurial Culture Matter?" Sustainability 15, no. 7 (March 23, 2023): 5647. http://dx.doi.org/10.3390/su15075647.

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Research on family business sustainability has seen a surge over the last decade. Despite this, very little research has been performed to investigate the impact of governance on family business sustainability. Building on this gap, this paper empirically examines the impacts from organizational governance and responsible innovation on the sustainability of family-owned businesses. It also evaluates entrepreneurial culture’s contribution as a moderator of the nexus of organizational governance, responsible innovation, and business sustainability in Saudi Arabia. A sample of 396 responses were collected from 87 family enterprises; respondents were generally principal managers and/or main business owners. The relationships in the conceptual model were tested with structural equation modelling using SmartPLS. The results show that organizational governance and responsible innovation positively and statistically significantly impact business sustainability among family-owned businesses in Saudi Arabia. Furthermore, entrepreneurial culture significantly and positively moderates the organizational governance, responsible innovation and business sustainability of family-owned businesses in Saudi Arabia. The results guide regulators in regulation formulation related to the achievement of business sustainability through good governance and effective entrepreneurial culture. Government and regulatory authorities must therefore encourage family-owned businesses in their predominantly economic functions in society, while also engaging in sustainability-oriented policy making and programs.

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Nguyen, Bach. "Entrepreneurial Reinvestment: Local Governance, Ownership, and Financing Matter." Academy of Management Proceedings 2018, no. 1 (August 2018): 13097. http://dx.doi.org/10.5465/ambpp.2018.13097abstract.

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Carroll, John J. "Failure is an option: the entrepreneurial governance framework." Journal of Entrepreneurship and Public Policy 6, no. 1 (April 10, 2017): 108–26. http://dx.doi.org/10.1108/jepp-04-2016-0013.

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Purpose It has been more than 20 years since the “Reinventing Government” movement swept through the American public sector. Over time, the tenets of public entrepreneurship and new public management have diverged due to liability and risk aversion. One of the core elements of entrepreneurship is risk taking, and with it the likelihood of failure. The purpose of this paper is to reconcile these issues under a simple framework of “entrepreneurial governance” that works across the elements of knowledge, innovation, opportunity, and implementation. Design/methodology/approach This is primarily a set of problems (liability, risk aversion, critiques) that negatively impacts the application of public entrepreneurship. To build a framework, the author made a substantive review of the literature to “get back to basics” and clarify the problems, as well as draw fundamental concepts about entrepreneurship. Findings The framework was developed by applying the more current notion of “governance” with the basic elements of entrepreneurship, acknowledging that in implementation we have to account for the critiques by reinforcing responsible risk reduction and ethical decision making. Research limitations/implications The intent was to create a framework based on fundamental aspects of entrepreneurship. The limitations/implications are that additional research will have to develop more concrete testing methods and then test the framework. Practical implications The intent here was to create a “practitioner friendly” prescriptive framework that could be almost immediately applied. Social implications A culture shift away from risk aversion (and corrupt practices) has to allow risk taking and with it responsible risk reduction (and failure or success). Originality/value The reliance on existing literature reduces some of the originality, except to re-conceptualize public entrepreneurship in a way that accounts for its shortcomings. The value in shifting culture and responsibly reducing risk is difficult to estimate.

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Lakshmanan, T. R., and Lata Chatterjee. "New governance institutions in the entrepreneurial urban region." Innovation: The European Journal of Social Science Research 22, no. 3 (September 2009): 371–91. http://dx.doi.org/10.1080/13511610903367853.

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Orser, Barbara, Catherine Elliott, and Joanne Leck. "Entrepreneurial Feminists: Perspectives About Opportunity Recognition and Governance." Journal of Business Ethics 115, no. 2 (July 12, 2012): 241–57. http://dx.doi.org/10.1007/s10551-012-1391-6.

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Ahn, Mark J. "Enhancing Corporate Governance in High-Growth Entrepreneurial Firms." International Journal of Innovation and Technology Management 11, no. 06 (November 25, 2014): 1450038. http://dx.doi.org/10.1142/s0219877014500382.

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This study explores how new ventures access advice to achieve high growth and sustainable performance. A relational model of three important themes — compliance (regulatory and legal governance), contacts (networks of suppliers, customers, investors), and content (strategic insights) — emerged as critical to any sustainable high-growth effort. Our findings suggest that advisory boards and boards of directors have a significant role in managing and creating value for emerging high-growth firms due to inherently high failure rates, technological complexity, and market risk — all of which requires access to external resources.

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Windsperger, Josef, George W. J. Hendrikse, Gerard Cliquet, and Thomas Ehrmann. "Governance and strategy of entrepreneurial networks: an introduction." Small Business Economics 50, no. 4 (June 14, 2017): 671–76. http://dx.doi.org/10.1007/s11187-017-9888-0.

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Marshall, Gary S. "Neoliberalism and the entrepreneurial subject: Tracking bevirʼs decentered theory of governance." International Journal of Organization Theory & Behavior 19, no. 3 (March 1, 2016): 361–71. http://dx.doi.org/10.1108/ijotb-19-03-2016-b008.

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Governance is central to our current understanding of public administration and policy. Mark Bevirʼs work provides governance studies solid epistemological grounding through a social constructionist approach which gives rise to a decentered theory of governance. This article explains decentered theory by examining the entrepreneurial subject as an artifact of neo-liberal governance. In doing so, it explores the key concepts that give shape to decentered theory.

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Bercht, A. L. "Glurbanization of the Chinese megacity Guangzhou – image-building and city development through entrepreneurial governance." Geographica Helvetica 68, no. 2 (July 10, 2013): 129–38. http://dx.doi.org/10.5194/gh-68-129-2013.

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Abstract. The continuing integration of the Chinese economy into the globalizing world and increasing intercity competition have had significant and comparatively recent implications for post-socialist urbanization in China. Driven by market-oriented development and globalization, decentralization of economic decision-making and downscaling of governance from the central state to local governments and authorities characterize the changing role of the state from urban managerialism to urban entrepreneurialism. Drawing on Jessop's definition of the entrepreneurial city and his concept of glurbanization, this paper aims to identify and analyse different modes of entrepreneurial urban governance based on the example of Guangzhou, a Chinese megacity that has been under intense pressure to revitalize its leading role as an economic, commercial and cultural centre in the Pearl River Delta and the rest of southern China. To face globalization and promote competitiveness, Guangzhou pursues various innovative interscalar entrepreneurial strategies in an active entrepreneurial fashion through adopting an entrepreneurial discourse. This is critically reflected upon within this article.

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Mai, Yingping, Yenchun Jim Wu, and Yu-Min Wang. "How Does Entrepreneurial Team Relational Governance Promote Social Start-Ups’ Organizational Resilience?" International Journal of Environmental Research and Public Health 19, no. 11 (May 30, 2022): 6677. http://dx.doi.org/10.3390/ijerph19116677.

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Why are some social entrepreneurial teams able to adapt to challenges and leverage the opportunities that are generated from a crisis, and why can some start-ups achieve sustained growth yet others do not? From the perspective of relational governance, this study unpacked the mechanism of how entrepreneurial teams promote social start-ups’ abilities to deal with crises and the mediating role of team learning through a survey of 396 social entrepreneurial team members. The results showed four key findings. (1) Trust among entrepreneurial team members has a positive effect on organizational resilience, whereas shared vision and communication-cooperation do not. (2) All the dimensions of relational governance positively promote team learning, and team learning is positively associated with organizational resilience. (3) Team learning mediates the effect of entrepreneurial team relational governance on organizational resilience; specifically, team learning plays a complete intermediary effect on shared vision and communication-cooperation to organizational resilience, whereas it plays a partial intermediary effect on trust in organizational resilience. (4) Team learning is the key factor to organizational resilience, whereas communication-cooperation promotes team learning the most. Practically, to strengthen social start-ups’ organizational resilience, entrepreneurial team members must first improve their understanding of environmental adaptability and then engage in productive and creative dialogues to manage issues, improve team members’ capability in information integration, as well as agree upon the action and activities that should be performed.

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Khyareh, Mohsen Mohammadi, and Hadi Amini. "Governance Quality, Entrepreneurship and Economic Growth." Journal of Competitiveness 13, no. 2 (June 30, 2021): 41–64. http://dx.doi.org/10.7441/joc.2021.02.03.

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Governance is a factor that affects new entrepreneurial activities and economic growth. However, the effectiveness of governance will vary depending on a country’s development level and entrepreneurial motivation. The main goal of this study is to use global entrepreneurship monitor (GEM) data and to apply a three-stage least squares (3SLS) regression to investigate the impact of six governance indicators on the entrepreneurship-growth nexus in 64 countries during 2010-2018. In addition, this paper describes whether the impact of governance indicators varies according to the country’s development stage. The results show that entrepreneurship and governance indicators have a significant impact on economic growth. However, depending on the development stage of the country, major differences can arise regarding the degree and nature of this relationship among countries. Specifically, the results show that entrepreneurship can promote economic growth in innovation-driven countries, but it cannot promote economic growth in factor- and efficiency-driven countries. In particular, the results show that opportunitydriven entrepreneurship (ODE) is only positively correlated with the economic growth of innovation-driven countries. In contrast, necessity-driven entrepreneurship (NDE) is negatively correlated with the economic growth of factor- and efficiency-driven countries. In addition, the survey results show that governance quality indicators contribute to entrepreneurial activities in the three groups of countries examined. This research contributes to the literature from a theoretical perspective (the use of good governance as an intermediary between entrepreneurship and growth) and a practical perspective (providing insights to improve the quality of governance to promote entrepreneurship and economic growth).

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Dima, Bogdan, Oana-Ramona Lobonţ, and N. Nicoleta-Claudia. "Does the quality of public policies and institutions matter for entrepreneurial activity? Evidences from the European Union’s member states." Panoeconomicus 63, no. 4 (2016): 425–39. http://dx.doi.org/10.2298/pan1604425d.

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By using data related to the 15 European Union ?old? and ?new? Member States, for a time span between 2001 and 2014, the present paper supports the thesis of a positive and significant correlation between the quality of governance and entrepreneurial activity. In order to test such correlation, the elements of Governance Quality reported by the World Bank?s Worldwide Governance Indicators (WGI) project were considered. Some key aspects of entrepreneurial activity reflected by Total Early-Stage Entrepreneurial Activity, Perceived Opportunities and Perceived Capabilities were taken into account based on The Global Entrepreneurship Monitor (GEM) database. In addition, in order to reflect the structural rigidities and tensions from the labour market, the unemployment rate provided by the World Bank?s World Development Indicators database was considered as a control variable. The effect of the inclusion of a country in a certain development group, according to the most recent World Bank classification (?low-income economies? to ?high-income economies?), was also considered in a multi-level analytical framework with a two-level model. The results of this study clearly indicate that higher levels of public policies and institutions? credibility/effectiveness produce a positive and robust impact on entrepreneurial climate.

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Parente, Roberto, Rosangela Feola, and Michele Petrone. "Corporate Governance Models as a Bridge for Linking Academic and Non-Academic Entrepreneurs." Industry and Higher Education 25, no. 2 (April 2011): 119–31. http://dx.doi.org/10.5367/ihe.2011.0036.

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This paper reports an investigation of governance issues in Italian academic spin-offs that arise from the need to balance the powers of two categories of partner: academic inventors and external investors (such as established companies and venture capital funds). The relationship between inventors and external investors, jointly pursuing a research-based entrepreneurial opportunity, provides an interesting case for the application of the agency theory construct to define adequate corporate governance procedures. The paper has two main objectives: to analyse the governance models adopted by academic spin-offs and to ascertain whether the very nature of entrepreneurial opportunity, and the associated uncertainties that a new venture faces, influence the choice of the governance model adopted. A sample group of 30 Italian academic spin-offs is analysed and three different governance models, inventor-led spin-offs, mixed-led spin-offs and investor-led spin-offs, are defined.

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Allen, Darcy W. E. "Governing the entrepreneurial discovery of blockchain applications." Journal of Entrepreneurship and Public Policy 9, no. 2 (October 11, 2019): 194–212. http://dx.doi.org/10.1108/jepp-03-2019-0017.

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Purpose The purpose of this paper is to examine the institutional context of the entrepreneurial discovery of blockchain applications. Design/methodology/approach This paper draws on institutional and entrepreneurial theory to introduce the economic problem entrepreneurship in the early stages of new technologies, examines the diversity of self-governed hybrid solutions to coordinating entrepreneurial information and draws policy implications. Findings To perceive a valuable and actionable market opportunity, entrepreneurs must coordinate distributed non-price information under uncertainty with others. One potential class of transaction cost economising solution to this problem is private self-governance of information coordination within hybrids. This paper explores a diverse range of entrepreneurial hybrids coalescing around blockchain technology, with implications for innovation policy. Originality/value This paper points to the problem of how the defining of the innovation problem as either choice-theoretic or contract-theoretic changes the remit of innovation policy. Innovation policy and blockchain policy should extend beyond correcting sub-optimal investments or removing barriers to action, to incorporate how polices impact entrepreneurial choices over governance structures to coordinate information.

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Ndemezo, Etienne, and Charles Kayitana. "Corporate Governance, Corporate Entrepreneurship and Firm Performance: Evidence from the Rwandese Manufacturing Industry." Indian Journal of Corporate Governance 11, no. 2 (November 14, 2018): 103–21. http://dx.doi.org/10.1177/0974686218806715.

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This study aims to determine effects of corporate governance on corporate entrepreneurship of Rwandese manufacturing firms, and to evaluate effects of corporate governance on performance of Rwandese manufacturing firms. We used two complementary methodological approaches: one which links corporate governance to corporate entrepreneurship; another which uses an augmented Cobb–Douglass production function to associate corporate governance with the firm performance. This study resulted in four main outcomes: first, the background—education and experience—and motivation of top managers contribute significantly to both corporate entrepreneurship and corporate performance; second, the sole proprietorship organisational form harms significantly the firms’ entrepreneurial activities and impacts negatively their financial performance; third, electricity and raw materials expenses are positively and significantly related to financial performance of manufacturing firms; and fourth, even if informal competition has no effect on entrepreneurial activity of manufacturing firms, it harms their financial performance.

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Tran, Nam Hoai, and Chi Dat Le. "Governance quality, foreign direct investment, and entrepreneurship in emerging markets." Journal of Asian Business and Economic Studies 26, no. 2 (December 2, 2019): 238–64. http://dx.doi.org/10.1108/jabes-09-2018-0063.

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Purpose The purpose of this paper is to thoroughly investigate the interplay between institutions, foreign direct investment (FDI) and entrepreneurship in the context of emerging markets (EMs). Design/methodology/approach The authors argue that the impact of FDI on entrepreneurial activity depends on different natures of capital flow and entrepreneurial motivation and relates to the quality of institutional environment. First, the roles of inward and outward FDI are examined in connection with the new firm creation by opportunity- and necessity-motivated entrepreneurs. Second, the integrated influences of (inward/outward) FDI and governance quality (GQ) on (opportunity/necessity) entrepreneurship are tested. This nexus of relationships is analyzed through segmented regressions using the GEM data of 39 EMs over the 2004–2015 period. Findings It is evidenced that the quality of governance infrastructure affects the relationship between FDI and entrepreneurship: in emerging countries with low GQ, opportunity entrepreneurship is stimulated by inward FDI and diminished by outward FDI; and in emerging countries with high GQ, necessity entrepreneurship is discouraged by inward FDI and promoted by outward FDI. Practical implications This research has implications for the institutional context-based execution of public policy in emerging economies. As the entrepreneurial effects of inward and outward FDI are pronounced differently under the two types of entrepreneurship and the two extremes of GQ, public policy makers who recognize the catalytic role of FDI in domestic business development should take the distinct institutional context of their country into consideration. Originality/value The paper contributes to the extant literature on international entrepreneurship in emerging economies by making a breakdown on the roles played by different types of FDI in the entrepreneurial activity, analyzing the mediating effects of GQ on the relationship between inward/outward FDI and entrepreneurship, and interpreting the capital and institutional determinants of entrepreneurship in terms of entrepreneurial motivations by opportunity and necessity.

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Chen, Feng-Wen, Meng-Xian Lin, and Ting Wang. "Sustainable Resource Acquisition Path: A Dynamic Model of Embedded Entrepreneurial Network Governance under Uncertainty." Sustainability 10, no. 11 (November 6, 2018): 4061. http://dx.doi.org/10.3390/su10114061.

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When dealing with complex entrepreneurial network problems, such as sustainable resource flows, the highly uncertainty in environment that brings cognitive bias in entrepreneurs’ decision-making means which entrepreneurs who are expert in using the entrepreneurial network can acquire sustainable resources by reducing external interference. To answer a link decision problem of the role played by network features in the entrepreneurial process of resource acquisition, we introduce an exploratory model design by the Naïve Bayesian classification with EM (Expectation Maximization) algorithm based on SNA (Social Network Analysis) theory that is focused on filling the missing data of uncertainty, in order to describe the path of entrepreneurial network resources acquisition. An inter-dynamic model has established between network structure and the value of resources to predict linking probabilities. By expectation-maximization method for Naïve Bayesian, the paper concludes with an empirical evaluation to verify the accuracy of resource acquisition prediction, in 201 entrepreneurial companies, and application in uncertain environmental network governance decision-making problem regarding the selection of optimal resource paths for creating a new company. We hope which this work can stimulate a broader research agenda focused on the impact of network structure on entrepreneurs’ decision-making under uncertainty, especially for developing countries where has a new round of entrepreneurial enthusiasm with high uncertainty.

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Arshed, Noman, Osama Aziz, Rana Zamin Abbas, and Maryam Batool. "Socio-economic causals for entrepreneurial transformation." Journal on Innovation and Sustainability RISUS 14, no. 1 (March 27, 2023): 36–54. http://dx.doi.org/10.23925/2179-3565.2023v14i1p36-54.

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Entrepreneurship has become vital for national growth. Therefore, it is essential to explore the factors that enhance entrepreneurial transformation. The literature identifies two main driving forces behind entrepreneurship: necessity and opportunity, which react differently to the socio-economic factors. This study explores the socio-economic determinants of necessity-based entrepreneurship and opportunity-based entrepreneurship. Here the yearly data of 108 countries from 2009 to 2017 is used to formulate a panel data model. Data on entrepreneurship is taken from the Global Entrepreneurship Monitor (GEM). HDI is used as a surrogate measure of socio-economic factors along with several control variables like cost of doing business, economic factors, governance factors and perception factors. Panel Feasible Generalized Least Squares (FGLS) estimation technique accounts for spatial heterogeneity. The panel data estimation shows that human capital improvement enhances the opportunities for entrepreneurial transformation while decreasing necessity-based entrepreneurship due to higher job creation. The findings also suggest that improvement in governance, perceived opportunities, openness, and culture are vital for enhancing opportunity-driven entrepreneurship.

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Orr, Jacqueline, Jill Kickul, Lisa Gundry, and Mark Griffiths. "The mediating role of female migration on social entrepreneurship activity." International Journal of Entrepreneurship and Innovation 19, no. 4 (December 26, 2017): 273–81. http://dx.doi.org/10.1177/1465750317748876.

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Social entrepreneurial firms exist within environments that are often severely resource constrained. The purpose of this study is to investigate several macro-level factors that can stimulate or impede the emergence of social entrepreneurship. Although little prior research on how these determinants impact social entrepreneurship has been conducted, this study reveals that several crucial macro-level variables appear to be related to social entrepreneurship. Unlike previous studies, this study employs enhanced variables designed to capture local perceptions as well as secondary data inputs. Ordinary Least Squares (OLS) regression techniques were used to understand their effects on social entrepreneurial activity. The results reveal that a country’s governance and female migration are related to the level of social entrepreneurial activity. In addition, positive female migration serves as an important mediating role between governance and increased levels of social entrepreneurial activity. Moreover, implications for understanding the role of macro-level factors on social entrepreneurship as well as the study’s limitations are discussed.

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Flanschger, Andreas, Rafael Heinzelmann, and Martin Messner. "Between consultation and control: how incubators perform a governance function for entrepreneurial firms." Accounting, Auditing & Accountability Journal 36, no. 9 (February 14, 2023): 86–107. http://dx.doi.org/10.1108/aaaj-09-2020-4950.

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PurposeThis paper examines the governance function that incubators perform for entrepreneurial firms. The authors demonstrate that this governance function has both a consultative and a control dimension and illustrate how these are enacted in the interactions between incubators and entrepreneurs. The authors also show how these interactions come into being and how entrepreneurs assess the value of the governance role played by incubators.Design/methodology/approachThe paper is based on a cross-sectional interview study with entrepreneurs of 21 start-ups that were hosted by three different incubators. The start-ups are all early-stage technology firms. The analysis in the paper follows an inductive approach.FindingsThe authors find that the governance role of incubators is about both consultation and control. Consultative forms of governance include providing input and advice as well as questioning ideas and assumptions. Controlling forms of governance comprise setting targets and tracking progress as well as enforcing structures and documentation. The authors furthermore show that governance episodes are triggered either by the entrepreneurs themselves or by the incubator. In the former case, such episodes are mainly about consultation, while in the latter one, they often have a pronounced control element, which materializes particularly through regularly enforced meetings. Most entrepreneurs seem to appreciate this control element, acknowledging that, in its absence, they would lack the self-discipline of doing some things that need to be done.Research limitations/implicationsThis study’s findings extend prior research on inter-organizational relationships and the types of governance mechanisms observed therein. The authors show that a strict separation between actors who offer consultation and those who exercise control is too simplistic. Incubators influence entrepreneurial firms both through consultative and controlling forms of governance. In terms of limitations, this study’s analysis focuses on the perspectives of entrepreneurs, and the authors did not include the perspectives of incubators nor did the authors directly observe meetings between these two parties.Practical implicationsThis paper provides examples for how entrepreneurial firms can benefit from being part of an incubator.Originality/valueThis study contributes to the discussion of the governance of inter-organizational relationships by focusing on incubators. In so doing, the authors also complement extant literature on management control in entrepreneurial settings by showing how the incubator fulfills a control function for entrepreneurs before these implement control mechanisms themselves.

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Safitri, Nia Nur, and Jaka Nugraha. "Mengeksplorasi Variabel Pemediasi Hubungan Pendidikan Kewirausahaan dan Niat Berwirausaha Selama Pandemi Covid-19." Jurnal Pendidikan Ekonomi (JUPE) 10, no. 1 (November 22, 2021): 23–37. http://dx.doi.org/10.26740/jupe.v10n1.p23-37.

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This study aims to determine the effect of entrepreneurship education on entrepreneurial intentions through risk taking, self-efficacy, and being proactive during the COVID-19 pandemic. The population in this study were students of class XI and XII majoring in office governance automation who took lessons on creative products and entrepreneurship at SMKN 1 Surabaya using 188 respondents with simple random sampling technique. Methods of data collection using a questionnaire. Analysis of the data used in this study is Structural Equation Modeling-Partial Least Square (SEM-PLS). The results obtained in this study are entrepreneurship education has no significant effect on entrepreneurial intentions, risk taking as a mediation has no significant effect between entrepreneurship education and entrepreneurial intentions, self-efficacy is able to significantly mediate the effect of entrepreneurship on entrepreneurial intentions, proactive is not able to significantly mediate the effect of education entrepreneurship to entrepreneurial intentions. The limitation of this study is that the proposed model was only tested in SMKN 1 Surabaya, students of class XI and XII majoring in office governance automation. Originality in this study is to measure the mediating variables, namely risk taking, self-efficacy, and proactiveness in the relationship between entrepreneurship education and entrepreneurial intentions.

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Rodríguez-Ariza, Lázaro, María Victoria López-Pérez, and Arminda García Santana. "Corporate governance as motor of change of entrepreneurial culture." Corporate Ownership and Control 3, no. 4 (2006): 192–201. http://dx.doi.org/10.22495/cocv3i4c1p5.

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Information disclosure on best practices should have positive effects on entrepreneurial performance. This paper attempts to study the deep cultural change occurring in firms. To achieve this, we analyze the effect of adopting good corporate governance practices on management. Thus, the objective of this research is to test whether significant differences in entrepreneurial efficiency exist between two groups of firms. One of these groups quotes on Dow Jones Global Index (DJGI) and has adopted good corporate governance practices. The other group is formed of firms which do not quoted on stock exchange and do not apply best practices. We selected a sample of 100 firms for the period 1998-2004 and analyzed some economical financial indicators usually used to measure entrepreneurial efficiency. We confirm the effect that the adoption of these practices has on economic-financial indicators. The empirical analysis supports the conclusion that differences in efficiency exist between firms that belong to the DJGI and disclose information concerning best practices and firms that do not quote on stock exchange and do not disclose this kind of information. We then study the sign of these differences and draw conclusions

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Zehra, Khizran, and Mattias Nordqvist. "Informal Entrepreneurship and Dynamic Governance Mechanisms:Role of Entrepreneurial Resourcefulnes." Academy of Management Proceedings 2015, no. 1 (January 2015): 16786. http://dx.doi.org/10.5465/ambpp.2015.16786abstract.

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Prior, Daniel D., Paul Louis Drnevich, and Ali Jifri. "Implications of Competence and Governance Strategies for Entrepreneurial Growth." Academy of Management Proceedings 2013, no. 1 (January 2013): 12888. http://dx.doi.org/10.5465/ambpp.2013.12888abstract.

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Steier, Lloyd P., James J. Chrisman, and Jess H. Chua. "Entrepreneurial Management and Governance in Family Firms: An Introduction." Entrepreneurship Theory and Practice 28, no. 4 (June 2004): 295–303. http://dx.doi.org/10.1111/j.1540-6520.2004.00046.x.

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Zahra, Shaker A. "Public and Corporate Governance and Young Global Entrepreneurial Firms." Corporate Governance: An International Review 22, no. 2 (March 2014): 77–83. http://dx.doi.org/10.1111/corg.12059.

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Al Maqtari, Faozi A., Najib H. Farhan, Hamood Mohd Al-Hattami, and Amgad S. D. Khalid. "Impact of country-level corporate governance on entrepreneurial conditions." Cogent Business & Management 7, no. 1 (January 1, 2020): 1797261. http://dx.doi.org/10.1080/23311975.2020.1797261.

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Cumming, Douglas, Jochen Christian Werth, and Yelin Zhang. "Governance in entrepreneurial ecosystems: venture capitalists vs. technology parks." Small Business Economics 52, no. 2 (December 2, 2017): 455–84. http://dx.doi.org/10.1007/s11187-017-9955-6.

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Journal articles on the topic 'Entrepreneurial governance'

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