Revitalizing Entrepreneurship: The Search for New Research Opportunities

Abstract

Entrepreneurship research has traditionally focused on opportunity recognition and resource formation as processes that foster the emergence of new business ventures, through both the lens of the individual entrepreneur and corporate venturing. Although we observe that research is vibrant in these traditional areas, we also argue that the continued revitalization of the field of entrepreneurship can be fostered through examining opportunities for research in areas such as industry change and competition, inter-organizational cooperation (which has proliferated more recently), university-sponsored entrepreneurship, venture finance, institutional differences that foster entrepreneurship (primarily between different countries), and appropriability regime differences (including legal and regulatory frameworks) that foster entrepreneurial activities and profit appropriation. Besides pointing scholars to new promising directions, we argue for more attention to the transformational role of entrepreneurship itself by issuing a call for more multi-level research efforts that connect the micro-and macro-foundations of entrepreneurship and explore the revitalization-related uncertainties such as the cost of creating an entrepreneurial orientation and whether there is an optimal level.

Identifying the Impact of Strategic Alliances on the Performance of SMEs (Case Study: The Industry of Automotive Parts Manufacturers in Iran)

“…Ireland et al (2002) stated that it is the tracking of innovations with high economic value through sharing the information and knowledge among companies which stimulates the decision to form strategic alliance (Zhao, 2014 Franco andHesse, 2013). Furthermore, networks are an increasing component of entrepreneurship they strengthen the ideas, pursue better opportunities, have access to a wide variety of information, and they propose an option to companies so that they can expand their current capabilities (Hoskisson et al, 2011). Lafley, the former CEO of P&G, said that in today's competitive world, no single company is able to innovate and grow fast.…”

University Environment and Student Entrepreneurship: The Role of Business Experience and Entrepreneurial Self-Efficacy

“…A rather low proportion of students are engaged in entrepreneurship, which is normally explained by the inhibited access to necessary financial resources, the lack of relevant knowledge and skills, the imperfect infrastructure, and the shortage of support and business contacts [Kew et al, 2013]. In this regard, some universities attempt to reconsider the conventional methods of entrepreneurship education [Hoskisson et al, 2011].…”

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“…However, the mechanism behind their interactions remains poorly studied. An analysis of institutions is of paramount importance in the study of emerging economies where formal institutions are often ineffective arbiters for competitive markets and structurally unable to foster a business-friendly environment [Hoskisson et al, 2011]. Economies that did not manage to develop according to the Western model must operate under an alternative informal institutional network [Smallbone, Welter, 2010], which is prone to rent-seeking, shadow schemes and similarly, tends to incentivize sub-optimal behavior among firms [Golikova, Ermilova, 2006;Sharafutdinova, Kisunko, 2014].…”