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The purpose of this paper is to examine the human costs of innovation – the personal difficulties, aside from economic ones, experienced by persons whose jobs are permanently eliminated by innovations.

A conceptual analysis of the negative personal effects (i.e. intra-individual) resulting from job loss due to innovation was used. These include reduced self-esteem, hope for the future, increased stress and increased and disturbing cognitive inconsistencies.

Proposals are developed concerning the harmful effects experienced by whose jobs are made unnecessary by innovation.

The paper, being conceptual, does not involve empirical research; rather it offers suggestions for future research.

Attention is called to the potential “downside” of innovation in terms of the persons whose jobs it renders superfluous. Reasons why entrepreneurship may be especially attractive to these persons are reviewed.

Innovation generates many economic benefits but also makes many jobs unnecessary. As a resut, a growing number of persons lose jobs they can never hope to regain. These personal costs adversely affect both their psychological and physical well-being. Further, job loss due to innovation can add to income inequality and so be a source of conflict in society. Efforts to reduce these problems are essential for the continued well-being of both individuals and the societies in which they live.

Past research concerning innovation has focused primarily on its economic effects. This paper extends this research by examining innovations' potentially harmful effects on persons it makes unemployed.

The purpose of this paper is to obtain evidence concerning the basic dimensions included in cognitive prototypes pertaining to opportunity recognition and decision to launch a new venture; identifying the underlying dimensions of both prototypes – the cognitive frameworks current or nascent entrepreneurs employ in performing these important tasks.

The bi-dimensional models were tested in a sample of 284 founder entrepreneurs, using a 48-item questionnaire. It was used as structural equation confirmatory factor analysis to compare fit indices of uni-dimensional second-order and third-order bi-dimensional models of business opportunity and decision to launch a venture.

Results support the bi-dimensional models and offer support that both prototypes include two basic dimensions. For the business opportunity prototype these are viability and distinctiveness while for the decision to launch a new venture, the basic dimensions are feasibility and motivational aspects.

These results help to further clarify the nature of the cognitive frameworks individuals use to identify potential opportunities and reach an initial decision about whether to pursue their development. Uncovering the cognitive functioning of opportunity recognition and decision to exploit it, allow individuals to recognize opportunities easier and successfully; and to make more accurate and effective decisions.

Knowing the basic dimensions of opportunity and decision-making prototypes contributes to develop effective skills with respect to business opportunity recognition among students enrolled in entrepreneurship programs. These surveys can be used for self-assessment and also for investors, tutors, and entrepreneurship agents in order to help evaluate features of business opportunities and decision to launch a venture.

This study embraces a conceptual contribution, proposing a different model of the business opportunity and decision to exploit prototypes, and it extends Baron and Ensley (2006) previous work, to another important step in the entrepreneurial process – the decision to develop an identified opportunity through the launch of a new venture.

This study empirically examined the antecedents of verbal and physical assaults on managers perpetrated by subordinate employees. A model was presented and hypotheses developed that were tested with data obtained through the content analysis of published arbitration decisions. The findings indicated that such assaults were more likely to be verbal than physical, preceded by aversive treatment, and targeted at managers directly involved in the negative outcomes. Additionally, the severity of the incident varied across the different types of triggering events. Individuals who had been aggressive in the past but had not been disciplined were more likely to subsequently engage in physical than verbal assaults. The implications of these findings for future research and organizational practices were also discussed.

The purpose of this paper is to explain why (based on an extensive body of research findings) efforts to reduce income inequality may have negative effects on motivation and the desire to excel.

This paper presents the author’s personal perspective on income inequality and efforts to reduce it. However, these views are grounded in extensive literature concerning the nature of “fairness,” and the harmful effects of weakening the link between performance or effort on the one hand, and rewards on the other. Breaking this connection may be especially harmful for entrepreneurs, who have strong beliefs that the hard they work in building their new ventures, the more likely are these companies to be successful.

The paper presents what, it is hoped, provides a broadened framework within which to examine the causes and income inequality, definitions of “fairness,” and the potential effects of efforts to reduce such inequality.

By weakening the relationship between performance and rewards, efforts to reduce income inequality involving large tax increases may weaken the relationship between performance (accomplishment) and rewards, thus reducing motivation to work hard and achieve excellence.

Understanding the negative implications of government-funded programs designed to reduce income inequality helps to clarify the potentially detrimental effects of such programs – effects that are neither intended not expected by proponents of such efforts.

The effects of efforts to reduce income inequality have not previously been examined in the context of their negative implications for human motivation to work hard and attain excellence in any endeavor – implications suggested by a large body of relevant research.

Entrepreneurial opportunity (EO) identification pertains to the core processes of entrepreneurship and innovation. The initial phase of this process starts with individual cognition, which is why cognition has been established as a critical theoretical perspective.

Knowledge and new information have been confirmed as essential cognitive impact factors. However, it is not understood well, how individuals apply those factors and how they actually identify innovative and economically viable EOs. To address the limitations of current research, this chapter investigates the current literature on underlying cognitive processes of opportunity identification.

The literature analysis demonstrates that there is not a single cognitive process but rather a magnitude of different micro-mechanisms that are necessary for the successful identification of EOs. The findings are grouped to four categories of cognitive processes and entail their micro-mechanisms: pattern recognition, information processing, and creative thinking. Furthermore, the analysis reveals that those micro-mechanisms have seldom been related to each other within the scope of opportunity identification. This chapter closes this gap by discussing and contrasting and the different process categories and respective micro-mechanisms and suggests an integrative theory development and avenues for future research.

Decision-making has long been recognized as being at the core of organizational life. Yet, the cognitive mechanisms by which managers make decisions represent a critical field of exploration. In this context, business models (BMs) are cognitive representations of organizational architectures that managers use to orient their firms in the business environment. While BMs – as managerial schemas – have been extensively studied for their beneficial applications at the strategic level, scholarly attention has rarely focused on their dark side. In this chapter, we point out that BM thinking – that focuses excessively on established schemas – might narrow managerial cognition in the process of fine-tuning the current BM; in the process, opportunities for more radical BM innovation can be overlooked. We systematize March and Simon’s contribution on managerial cognition into a more comprehensive conceptual framework by integrating the perspectives of Kahneman, Baron, and Gollwitzer. The result is an epistemologically coherent framework for managerial cognition and decision-making that focuses on how managers can overcome cognitive biases that derive from a reliance on established BMs as schemas. We close this chapter with directions for further research.

The purpose of this paper is to review the social capital treatment of Robert Putnam, the most influential conceptual theorist. The paper will detail how Putnam's treatment of social capital has evolved, examine the arguments of his critics and will also critique his socio‐economic analysis.

The approach taken is a literature review that investigates Putnam's social capital understanding and considers the reasons why this conceptual treatment “touched a nerve” and proved so influential and adaptable.

Putnam's social capital treatment belongs to a socio‐economic communitarian tradition that can be traced to de‐Tocqueville, which offers an alternative to both mainstream free market ideology and to leftwing socio‐economics.

The originality of this paper is to identify Putnam as a radical in a methodological sense, reinvigorating a Burkean, consensual interpretation of socio‐economics. The value of this paper is to offer a critique of Putnam's interpretation of social capital.

Existing research of modern literature have shown that the phenomenon of digital entrepreneurship is lacking in robust theoretical foundations on several occasions. This article is a comprehensive literature study that focuses on the phenomena of digital entrepreneurship and offers views on the subject to provide insights into recent advancements in the area.

In order to achieve a conception of the phenomena, using the PRISMA flow chart, the significant findings were organised into themes, contexts and approaches. A comprehensive evaluation of the relevant previous research was carried out. Both the Web of Science and Scopus were utilised to locate, extract, select and evaluate relevant papers based on the keywords found during the search. In the end, papers from 92 different publications that are indexed by SSCI were chosen for this investigation.

This comprehensive literature analysis was to identify current research routes on digital entrepreneurship. In conclusion, this study generates outcomes that describe the process by which digital entrepreneurship are recognised and discussed: digital business models; digital entrepreneurship process; platform tactics; technology adoption; entrepreneurship and digital business.

By setting the framework for additional research development and motivating scholars to pursue this issue, the study contributes to the understanding of the conceptualisation of digital entrepreneurship.

We define diffusion as the spread of something within a social system. Diffusion is the most general and abstract term, and it embraces such processes as contagion, mimicry, social learning, organized dissemination, etc. (Strang & Soule, 1998). While the home territory of diffusion is innovation (see Rogers, 2003 for an authoritative review), more recent macro-diffusion research has developed, based on social movement and institutionalization arguments (Ansari, Fiss, & Zajac, 2010; Wejnert, 2002).