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  • 1.
    Anokhin, Sergey
    et al.
    Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Industriell Ekonomi.
    Wincent, Joakim
    Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Innovation och Design.
    Autio, Erkko
    Imperial College Business School.
    Operationalizing opportunities in entrepreneurship research: use of data envelopment analysis2011Ingår i: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 37, nr 1, s. 39-57Artikel i tidskrift (Refereegranskat)
    Abstract [en]

    Despite the impressive development of substantive theories in entrepreneurship, without the development of measurement theories, further advancement of the field is problematic. In particular, the notion of opportunities, central to entrepreneurship research, requires adequate macro-level operationalization. We demonstrate how to employ data envelopment analysis (DEA) to operationalize not only innovative opportunities, but also technological arbitrage opportunities. We provide an illustrative example based on a sample of 66 countries during the period of 1993-2002. We include estimates of innovative and arbitrage opportunities for possible use by other scholars, discuss the promise and limitations of such estimates, demonstrate how both innovative and arbitrage opportunities correlate with the rates of entrepreneurial activity, and suggest several possible directions for future research.

  • 2.
    Carlsson, Bo
    et al.
    Case Western Reserve University, Cleveland.
    Braunerhjelm, Pontus
    Kungliga tekniska högskolan, KTH.
    McKelvey, Maureen
    Göteborgs universitet.
    Olofsson, Christer
    Sveriges Lantbruksuniversitet.
    Persson, Lars
    Institute of Industrial Economics, Stockholm.
    Ylinenpää, Håkan
    Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Innovation och Design.
    The evolving domain of entrepreneurship research2013Ingår i: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 41, nr 4, s. 913-930Artikel i tidskrift (Refereegranskat)
    Abstract [en]

    Research on entrepreneurship has flourished in recent years and is evolving rapidly. This article explores the history of entrepreneurship research, how the research domain has evolved, and its current status as an academic field. The need to concretize these issues stems partly from a general interest in defining the current research domain and partly from the more specific tasks confronting the prize committee of the Global Award for Entrepreneurship Research. Entrepreneurship has developed in many sub-fields within several disciplines-primarily economics, management/business administration, sociology, psychology, economic and cultural anthropology, business history, strategy, marketing, finance, and geography-representing a variety of research traditions, perspectives, and methods. We present an analytical framework that organizes our thinking about the domain of entrepreneurship research by specifying elements, levels of analysis, and the process/context. An overview is provided of where the field stands today and how it is positioned relative to the existing disciplines and new research fields upon which it draws. Areas needed for future progress are highlighted, particularly the need for a rigorous dynamic theory of entrepreneurship that relates entrepreneurial activity to economic growth and human welfare. Moreover, applied work based on more careful design as well as on theoretical models yielding more credible and robust estimates seems also highly warranted.

  • 3.
    Johansson, Jeaneth
    et al.
    Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Industriell Ekonomi. Center for Innovation, Entrepreneurship and Learning, Halmstad University, Halmstad, Sweden.
    Malmström, Malin
    Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Industriell Ekonomi.
    Wincent, Joakim
    Entrepreneurship, Management and Organisation, Hanken School of Business, Helsinki, Finland. Entrepreneurship & Innovation, St Gallen University, St. Gallen, Switzerland.
    Parida, Vinit
    Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Industriell Ekonomi. School of Management, University of Vaasa, Vaasa, Finland.
    How individual cognitions overshadow regulations and group norms: a study of government venture capital decisions2019Ingår i: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913Artikel i tidskrift (Refereegranskat)
    Abstract [en]

    This paper explores how government venture capitalists approve or reject financing applications. Based on longitudinal observations, complemented by interviews, documentation, and secondary data, the findings show the limited influence of the regulative and normative logics (e.g., formal guidelines and accepted behavior) on government venture capitalists’ decisions. Instead, individual decisions are observed to be largely overshadowed by cognitions and heuristics, which dominate formal regulations and socially constructed group-level norms. Although official decision communications state that regulations have been followed, the evidence suggests that the cognitive logic dominates the funding decision-making process through a set of overshadowing forces that restrict the influence of the normative and regulative logics on funding decisions. This research has implications for venture financing and highlights the importance of cognitions in shaping venture capital decisions.

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