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Why is the quality of innovation-driven entrepreneurship seemingly declining? We argue the growing Entrepreneurship Industry and the way it has transformed entrepreneurship as an activity are important, under-appreciated explanations. By leveraging the Ideology of Entrepreneurialism to mass-produce and mass-market products, the Entrepreneurship Industry has made possible what we term Veblenian Entrepreneurship. This is entrepreneurship pursued primarily as a form of conspicuous consumption, and it is fundamentally different from the innovation-driven entrepreneurship that it emulates and superficially resembles. Aside from lowering average entrepreneurial quality, Veblenian Entrepreneurship has a range of (short-run) positive and (medium- and long-run) negative effects for both individuals and society at large. We argue that the rise of the Veblenian Entrepreneur might contribute to creating an increasingly Untrepreneurial Economy. An Untrepreneurial Economy appears innovation-driven and dynamic but is actually rife with inefficiencies and unable to generate economically meaningful growth through innovation.

Drawing on image theory, the authors investigate how and when cross-cultural experience cultivates two core entrepreneurial sensing capabilities: opportunity recognition and creative behavior.

The authors develop and test a second-stage moderated mediation model across two studies. Study 1 consists of a sample of prospective entrepreneurs from the UK using perceptual scale measures (n = 153). Building on this, core findings are replicated using task-based measures on a sample of US participants (n = 342).

Results show that cross-cultural experience is positively related to both entrepreneurial sensing capabilities through the mediating role of self-image fluidity. No support is found for the moderating role of regulatory focus orientations.

These findings contribute to the burgeoning literature on multicultural experience and initiating skills in nascent venturing by providing insight on the mechanisms and boundary conditions relevant for entrepreneurial capabilities to emerge.

The results reinforce the need for educators, policymakers, and entrepreneurs to facilitate and encourage opportunities for cross-cultural and overseas experiences as they are influential for stimulating entrepreneurial skills.

Positive linkages between international mobility and entrepreneurial activity are of continued interest, yet individual-level mechanisms that explain this have been limited. The authors find that exposure to foreign cultures is potent for entrepreneurship as it can stimulate flexibility and exploration of the self-image and break frames of reference. This fosters greater tendencies for opportunity recognition and creative behaviors.

We extend theories of the firm to the entrepreneurial finance setting and argue that R&D-focused start-up firms will have a greater likelihood of financing themselves with equity rather than debt. We argue that mechanisms which reduce information asymmetry, including owner work experience and financier reputation, will increase the probability of funding with more debt. We also argue that start-ups that correctly align their financing mix to their R&D focus will perform better than firms that are misaligned. We study these ideas using a large nationally representative dataset on start-up firms in the United States.

Drawing on the “shocks to the system” concept in image theory, a mid-range theoretical model is developed to illuminate understanding on why cross-cultural experience is so conducive to stimulating entrepreneurship yet has remained largely unexplained at the individual level.

The novel idea is put forth that experience of foreignness, in itself, can be harnessed as a powerful cognitive resource for entrepreneurship – particularly the nascent stages of new venture development. Providing cross-cultural exposures arouse “self-image shocks”, they manifest over time as skill clusters that reflect the sensing, seizing and transforming capabilities at the heart of entrepreneurship. This paper's pivot helps delineate a common mechanism to explain how a diverse range of seemingly disparate cross-cultural experiences can be processed in a way that enhances entrepreneurial pursuits.

The insights of this paper reinforce the need for educators and policymakers to encourage and provide opportunities for aspiring entrepreneurs to engage in cross-cultural and overseas exposures as they are influential for stimulating each of the core sets of entrepreneurial capabilities. The model and synthesis table also help to practically unpack how to design and plan such cultural experiences to optimize the enduring entrepreneurial advantages.

The author turns a long-standing assumption surrounding cultural differences in entrepreneurship on its head. The shocks and tensions arising from intercultural interactions are not always inevitable liabilities to be “managed away” or attenuated. Rather, cross-cultural experience can be explicitly leveraged as an asset for nascent venturing as the juxtapositions they evoke provide both proximal and distal enhancements to ways in which entrepreneurs think and develop skills at the core of venturing.

By making the explicit connections between the processes of urban-suburban racial transitions and Wilson and Kelling’s broken windows theory, this chapter proposes the linkage between concern for crime/disorder and anti-Blackness.

The contention is supported by recounting and highlighting key historical dynamics and their congruency with the original broken windows treatise; bringing in relevant research regarding racial coding and assumptions; surveys on residential mobility; and theoretical frameworks on colorblind racism.

The enduring popularity of broken windows theory is likely more due to its colorblind explanations of the suburbanization of urban Whites than to the explanatory merit of the theory. To explain the origin of such (problematic) concepts as “urban decay” and “crime-ridden communities,” the theory deflects concerns for determinative processes such as deindustrialization, integration, overpolicing, and historical anti-Blackness and provides a parable regarding a lack of vigilance in support of community norms, which in White communities have traditionally been segregationist. The moral of the parable is that “urban decay” is the result of Whites allowing desegregation to proceed after Brown v. Board.

This chapter provides a macro-discursive explanation for the popularity of broken windows theory and helps explain its centrality to the ongoing discussions regarding race, territorial and disorder policing, and practices such as stop-and-frisk.

This chapter discusses the application of community informatics (CI) principles in the rural Southern and Central Appalachian (SCA) region to further the teaching of information and communication technologies (ICT) literacy concepts in courses that formed part of two externally funded grants, “Information Technology Rural Librarian Master’s Scholarship Program Part I” (ITRL) and “Part II” (ITRL2), awarded by the Institute of Museum and Library Services’ (IMLS) Laura Bush 21st Century Librarian Program to the School of Information Sciences (SIS) at the University of Tennessee (UT).

The chapter documents ICT use in ITRL and ITRL2 to extend librarian technology literacy training, allowing these public information providers to become change agents in the twenty-first century. It discusses aspects of CI that influenced these two projects and shaped the training of future rural library leaders embedded in traditionally underrepresented areas to further social justice and progressive changes in the region’s rural communities.

The chapter demonstrates the role that CI principles played in the context of ITRL and ITRL2 from project inception to the graduation of the rural librarians with examples of tangible IT services/products that the students developed in their courses that were directly applicable and tailored to their SCA contexts.

ITRL and ITRL2 provided a unique opportunity to apply a CI approach to train information librarians as agents of change in the SCA regions to further economic and cultural development via technology and management competencies. These change agents will continue to play a significant role in community building and community development efforts in the future.

This paper offers new conversations on entrepreneurial ecosystems as contested communities through a critique of extant work that relies uncritically on social capital. It offers new directions for theorizing and studying entrepreneurial ecosystems guided by a critical perspective of social capital (i.e., arriving from several intellectual traditions including political economy, intersectionality, critical race theory, and feminisms). In doing so, the paper offers insights around how continued structural and relational inequalities based on gender, race and/or immigrant status within the domain of entrepreneurship can be brought to the forefront of ecosystem frameworks. Doing so produces new approaches to the conceptualization and study of entrepreneurial ecosystems as more than sites of economic activity between and among actors, but rather it allows for consideration of how being differentially embedded in social structures matters for entrepreneurship. Differences in social structures within ecosystems reflect broader societal patterns and analyzing them can yield insights about the configuration of institutions. To understand the complexity of how different institutional configurations may lead to different forms of entrepreneurial ecosystems, it is necessary to have different conceptual starting points on social capital (informal) and exchange relationships (formal) as foundational aspects of entrepreneurial activities. Consequently, the paper provides these new analytic starting points, thus providing better explanatory and empirical power to demonstrate how and why inequalities persist in entrepreneurship.