Prosocial crowdfunding was originally conceived as a financial mechanism to assist vulnerable unbanked populations, typically excluded from formal financial markets. It subsequently grew into a ...billion-dollar scheme (Kiva 2020a,
https://www.kiva.org/blog/1-billion-in-life-changing-loans
) in the multi-billion-dollar crowdfunding industry. However, recent evidence claims prosocial crowdfunding may be shifting away from its goal to support the poor and underserved. Drawing on a composite social responsibility and framing theory framework, we examine the role that vulnerability plays in successfully raising funds in a prosocial crowdfunding context. We conduct multilevel logistic regressions on a sample of microloans allocated to 105,727 ventures in 64 countries. Our results indicate that applying for funds through a field partner which caters to vulnerable populations may in fact have a negative effect on the entrepreneur’s request to be fully funded. Notwithstanding, framing the entrepreneur as being female or rural as key characteristics of individual vulnerability increases the project’s likelihood to be fully funded. This conflict offers noteworthy theoretical and practical implications for ethics in prosocial crowdfunding, an understudied field of research.
Entrepreneurial orientation is especially important for economic growth, innovation, and employment. This paper investigates how entrepreneurs' narcissism and resilience affect the entrepreneurial ...orientation of small and medium sized enterprises. We identify two sides of entrepreneur narcissism: exhibitionism and manipulation. Using survey data from 114 firms, our results show that the exhibitionistic sides of narcissism and entrepreneur resilience have a positive effect on entrepreneurial orientation, while the manipulative side of narcissism has a negative impact. Our findings show also that resilience moderates the relationship between narcissism and entrepreneurial orientation. This study contributes to the understanding of the antecedents of entrepreneurial orientation.
Little research has been conducted regarding serial entrepreneurship compared to entrepreneurship research more broadly, despite research that suggests that as many as 50% of all entrepreneurs are ...serial entrepreneurs. Entrepreneurship research shows that most new ventures fail, yet serial entrepreneurs continually exit previous ventures and start new ones. Our study explores 118 scholarly articles indexed in Web of Science and Scopus databases on serial entrepreneurship through multiple correspondence analysis. Through our analysis, we identify key areas for future research, explore and consolidate the theoretical foundations used, and provide a review of academic literature for future researchers to utilize. Our perceptual map has identified four key research areas that researchers should focus upon: heuristics in entrepreneurship, entrepreneurial capabilities, the entrepreneurial ecosystem, and technological development and resources.
The entrepreneurial firms may be more vulnerable to the COVID-19 pandemic, and the entrepreneurs of entrepreneurial firms are also threatened by the revenues decline and business failure, which ...vehemently affect their well-being. The mental health of the entrepreneur decides whether the entrepreneurial firms can make the right decision, which is related to the healthy development of the entrepreneurial firms. Based on the event system theory and the cognitive appraisal theory, this paper aims to explore the effect of COVID-19 pandemic on the entrepreneur anxiety, and the threat perception and performance pressure are introduced to investigate the mediating mechanism and boundary of this effect. Using the simple random sampling to obtain questionnaire survey data, 168 entrepreneurs of entrepreneurial firms have participated in the empirical study, and the research results are as follows. First, the COVID-19 pandemic significantly positively affects entrepreneur anxiety. Second, the entrepreneur threat perception plays a mediating role between the COVID-19 pandemic and the entrepreneur anxiety, which means the COVID-19 pandemic can enhance the external threat perception of entrepreneurs, and then affect the entrepreneur anxiety. Third, the positive effect of the COVID-19 pandemic on the entrepreneur anxiety is strengthened by the entrepreneur performance pressure, while the positive effect of entrepreneur threat perception on entrepreneur anxiety is weakened by the entrepreneur performance pressure. The above findings are helpful to explore the mechanism of the COVID-19 pandemic and other critical crisis events on entrepreneurs’ mental health from the new perspective of cognitive appraisal theory and event system theory, filling the research gaps between the COVID-19 pandemic and entrepreneur anxiety. Besides, this study broadens the applied range of the cognitive appraisal theory and the event system theory in the fields of crisis situations and entrepreneur research, and enriches the research outputs. Furthermore, this study will help provide a new theoretical analysis insight for the related research on how the COVID-19 pandemic affects entrepreneurs’ psychology, and further deepen researchers to understand the mechanism of entrepreneur anxiety under the COVID-19 pandemic, providing theoretical inspirations for reducing entrepreneur anxiety. What’s more, this study finds that individual pressure can affect their cognitive appraisal, which means that future research should take the pressure influential mechanism into consideration in the process of exploring “external stimulus--cognitive appraisal--emotional response,” further expanding the theoretical model of cognitive appraisal proposed from the perspective of pressure.
The demographics, motivations, rewards, satisfaction, and commitment of Canadian career and later-life older entrepreneurs were examined. The two groups of respondents exhibited noteworthy contrasts. ...In terms of demographics, later-life older entrepreneurs were significantly less likely than career older entrepreneurs to be in management, and they were more likely to be female, unmarried, working alone, and engaged part-time. In terms of motivations, the career-long pursuit of entrepreneurship is strongly connected with the urge for independence; with a more singular approach to business, as registered by a significantly lower motivation for achieving work-life balance; and with higher values attached to start-up rewards, career success, and overall satisfaction with the business. By comparison, later-life older entrepreneurs focus significantly more on intrinsic rewards like work-life balance and achieving personal fulfillment. However, both groups posted high, statistically indistinguishable satisfaction with their businesses and commitment to self-employment.
Creativity and resilience are critical capacities for entrepreneurs in today's economy. We investigated university graduate entrepreneurs' individual determinants such as entrepreneurial motivations ...and positive self-concepts in relation to entrepreneurs' creativity and resilience. Specifically, we tested the proposed research model using a survey data collected from university graduate entrepreneurs and pre-entrepreneurs in the field of technology. Our results show that the antecedents of creativity and resilience were contingent on the type of entrepreneurs. We discuss theoretical and practical implications of our study.
Objection to inspection activities is a special legal instrument that allows an entrepreneur to react in a situation where inspection activities have been undertaken and conducted in violation of the ...regulations governing the rules and procedures for such inspections of business activities. This study analyses this instrument, in particular the possibility of filing an objection and exclusions in this regard, authorized entities, the issue of quasi-objections, the effects that the objection causes or may cause, the rules of procedure for the filing and resolution of the objection, as well as the issues of complaints against the decision to continue controlling activities and complaints to the administrative court. In addition to the analysis of legal provisions creating the normative construction of objection to inspection activities, the study includes related assessments, conclusions and findings of doctrine and jurisprudence. The study answers the question of whether an objection to inspection activities is an effective and available instrument to protect the entrepreneur in a situation where inspection activities are conducted in violation of regulations.
•Need to carry out deeper structured analyses of the ethical aspects of Micro-CSR.•Psychological effects of perceived CSR.•Need for permanent implementation of CSR analyses in a multi-level ...perspective.•Decline of companies is the result of a continuous process of corporate management.•Corporate declines are part of the business but lacks theory and analysis in CSR framework.
The aim of this study was to examine the impact of selected ethical factors of business on the perception of defined attributes of decline in the small- and medium-sized enterprise sectors of the V4 countries. The perceptions of ethical business factors between entrepreneurs–engineers and entrepreneurs–non-engineers were evaluated. The study underscores the need for permanent implementation of corporate social responsibility (CSR) analyses from a multilevel perspective that allows the integration of different theoretical frameworks. The results of the study justify the need to carry out deeper structured analyses of the ethical aspects of micro-CSR business at the individual or group level, taking into account multiple categorisation lines. This study also confirms the psychological effects of perceived CSR on a company’s decline. This can be especially advantageous in identifying opportunities for the better use of CSR strategies and in creating adaptive CSR concept platforms.
PDF
