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Article
Publication date: 27 May 2021

Mehrzad Saeedikiya, Jizhen Li, Shayegheh Ashourizadeh and Serdar Temiz

Earlier research confirms the positive effect of innovation in shaping growth ambitions of entrepreneurs. The aim of this paper is to investigate whether the effect of…

Abstract

Purpose

Earlier research confirms the positive effect of innovation in shaping growth ambitions of entrepreneurs. The aim of this paper is to investigate whether the effect of innovation on growth ambitions of entrepreneurs is contingent on the role of institutions, namely, culture and economic freedom. In other words, the authors’ objective is to provide an institutionally contingent understanding of the role of innovation in shaping growth ambitions of early-stage entrepreneurs.

Design/methodology/approach

The authors applied hierarchical linear modeling technique on the data of 100,566 early-stage entrepreneurs in 109 countries that participated in annual surveys of Global Entrepreneurship Monitor.

Findings

The authors find that the effect of innovation on shaping growth ambitions of early stage entrepreneurs is contingent on the role of culture such that, in secular cultures, innovation benefits growth ambitions more than traditional cultures. Further, the authors found that the effect of innovation on growth expectations is dependent on the level of economic freedom in the country in which the firms operate so that in the countries with higher level of economic freedom, early-stage entrepreneurs expect more growth out of their innovation as compared to their counterparts in the depressed economies.

Originality/value

The results contribute to our understanding of entrepreneurial growth aspirations as a result of the interplay of entrepreneur–firm–environment nexus.

Details

Journal of Entrepreneurship in Emerging Economies, vol. 14 no. 1
Type: Research Article
ISSN: 2053-4604

Keywords

Article
Publication date: 12 June 2019

Zeynab Aeeni, Mahmoud Motavaseli, Kamal Sakhdari and Mehrzad Saeedikiya

The underlying assumptions of Baumol’s theory of entrepreneurial allocation limits its potential to answer some key questions related to the entrepreneurship allocation…

Abstract

Purpose

The underlying assumptions of Baumol’s theory of entrepreneurial allocation limits its potential to answer some key questions related to the entrepreneurship allocation. Hence, this paper aims to highlight the inherent limits of Baumol’s theory and suggest a new approach for understanding the entrepreneur-institution relationship and their functions.

Design/methodology/approach

This is a conceptual paper with a narrow focus on the literature.

Findings

The paper argues that Baumol’s adherence to neoclassic economics assumptions about entrepreneur and institution, such as entrepreneurs as rational choice taker with predetermined goals or institutions as exogenous, limits the potential of his theoretical framework to explain productive entrepreneurship in weak institutional settings. As such, underlying on Austrian economics assumptions about entrepreneur and his/her agency, this paper proposes a reconceptualization of productive entrepreneurship as an outcome of the interaction between entrepreneur and context.

Practical implications

Going beyond Baumol’s main proposition of one-sided influence of institutions on entrepreneurship allocation, this research highlights the influence of individual factors and entrepreneurial action on choosing entrepreneurial paths by entrepreneurs. So, future policies to stimulate productive entrepreneurship should consider these factors and go beyond Baumol’s mere focus on institutional improvement.

Originality/value

Going beyond one-sided influence of institutions on entrepreneurship allocation, this paper suggests an interaction centric approach which considers the role of actors and institutions as the co-creator of each other in the social process and argues that any effort for explaining the entrepreneurship should consider the co-creative nature of the actors and institutions as well as the endogenous nature of institutions. The proposed approach will help expanding entrepreneurship literature through finding answers to some key under-examined questions in the promising research stream of entrepreneurship allocation.

Details

Journal of Entrepreneurship in Emerging Economies, vol. 11 no. 3
Type: Research Article
ISSN: 2053-4604

Keywords

Book part
Publication date: 16 June 2021

Mehrzad Saeedikiya, Zeynab Aeeni, Serdar Temiz and Hiroko Kawamorita

The current research investigates the regional differences in benefiting from innovation toward growth ambitions in a sample of female entrepreneurs in the Middle East and…

Abstract

The current research investigates the regional differences in benefiting from innovation toward growth ambitions in a sample of female entrepreneurs in the Middle East and North Africa (MENA) and Nordic region. A sample of 4,048 early-stage female entrepreneurs from these two regions who were participated in annual surveys of Global Entrepreneurship Monitor was selected for further analysis. The results of data analysis using hierarchical linear modeling (mixed models) revealed that innovation benefits growth ambitions of early-stage female entrepreneurs. Further, the regional differences affect the benefit of innovation in shaping growth ambitions, so that, in Nordic region, the early-stage female entrepreneurs expect more growth out of their innovation as compared with their counterparts in MENA region. These results have been discussed regarding to existing literature, and future research directions have been suggested based on the results.

Details

The Emerald Handbook of Women and Entrepreneurship in Developing Economies
Type: Book
ISBN: 978-1-80071-327-7

Keywords

Content available
Book part
Publication date: 16 June 2021

Abstract

Details

The Emerald Handbook of Women and Entrepreneurship in Developing Economies
Type: Book
ISBN: 978-1-80071-327-7

Book part
Publication date: 16 June 2021

Shahamak Rezaei, Jizhen Li, Shayegheh Ashourizadeh, Veland Ramadani and Shqipe Gërguri-Rashiti

Women Entrepreneurship has received increasing attention over the past decade. In particular, a new area dealing with women entrepreneurs in the developing societies. The…

Abstract

Women Entrepreneurship has received increasing attention over the past decade. In particular, a new area dealing with women entrepreneurs in the developing societies. The aim of this study is how is women entrepreneurship in developing economies? More specifically, we are excavating various questions at the individual and institutional level. The results of this study contribute to understanding the importance of the context on women entrepreneurs’ activities. Additionally, it systematically provides a comprehensive framework at multilevel analyses to cover all aspects of women entrepreneurship in developing countries. Ultimately, knowing women entrepreneurship in developing countries helps policymakers provide a firm ground for self-employment of women.

Details

The Emerald Handbook of Women and Entrepreneurship in Developing Economies
Type: Book
ISBN: 978-1-80071-327-7

Keywords

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