Ethel Brundin

Entrepreneurs’ decision making under different levels of uncertainty: the role of emotions

Purpose – The purpose of this paper is to investigate entrepreneurs’ investment decisions under uncertainty in continued investments where the authors test the role of emotions to continue or discontinue the investment. Design/methodology/approach – A conjoint analysis is carried out on 101 entrepreneurs’ 3,232 investment decisions. The entrepreneurs were provided with a scenario of an investment where the dependent variable was the entrepreneurs propensity to allocate further resources to the described investment. They assessed their willingness to allocate further resources to the investment on a seven-point Likert-type scale. The independent variables in the experiment were the experienced emotions of the entrepreneur each of which was described by the two levels of high and low. Findings – It was found that self-confidence, challenge, and hope increase the propensity to continue investments as do increased level of uncertainty. Embarrassment and strain do not increase this propensity, however, high u...

TRIPLE HELIX NETWORKS IN A MULTICULTURAL CONTEXT: TRIGGERS AND BARRIERS FOR FOSTERING GROWTH AND SUSTAINABILITY

This article deals with Triple Helix (university, industry and government cooperation) from an institutional theory perspective. The empirical context is the Western Cape Region in South Africa and the focus is entrepreneurship development. The purpose is two-fold: first, the existing Triple Helix model is adapted to the South African context; and second, facilities and impediments for working according to Triple Helix in South Africa are identified. The empirical material consists of a survey and three longitudinal case studies illustrating the degree of cooperation between the three parties. The article contributes to knowledge about how the Triple Helix model works on a regional level in a developing country. The study draws the following conclusions: when cooperation is to be identified between the three actors, only two of the three are involved; one missing link in the Triple Helix model is the focus on the entrepreneur; cooperation between the three parties are incidental rather than planned and there is lack of structure. In turn, some of these conclusions may be an effect of institutional changes on a national level. For a normative legacy, the article proposes a set of suggestions for incorporating all relevant parties on a practical level.

Love, Hate, and Desire: The Role of Emotional Messiness in the Business Family

The bakery is in its second and third generations. While the father owns and manages it, his elder daughter, Sarah, is employed in it. She is a trained confectioner who has worked in the firm for 7 years. Sarah continues to upgrade her skills and has innovative ideas for renewal of her family’s enterprise. She loves her work and the business and is willing to work real hard to make it prosper in the future. Her husband, Eric, works in the production and has been with the firm for 10 years. Sarah’s younger sister, Anna, is still a student, and has no interest either in confectionary or in her family firm. Their father, John, who has been running the firm since 1980 when he took it over from his father, has declared his desire to retire in about 5 years. However, at this point he has not clarified to his family who his successor will be.

Contextualizing Entrepreneurship in Emerging Economies and Developing Countries

Entrepreneurship in emerging economies and developing countries presents us with a unique set of working attitudes, modes of thinking, social practices and processes. This book explores these chara ...

Entrepreneurial Orientation Across Generations in Family Firms: The Role of Owner-centric Culture for Proactiveness and Autonomy

Entrepreneurial orientation across generations in family firms : the role of owner-centric culture for proactiveness and autonomy

Management Challenges in Different Types of African Firms : Processes, Practices and Performance

This book focuses on management challenges in different types of companies, ranging from small to large, from private to public and from service to manufacturing in the African context. With empirical data from countries as diverse as Rwanda, Kenya and Ethiopia, it discusses the increasing economic importance of the African continent, covering relevant topics on sustainability and environmental issues, exports, logistics, HR issues, innovation and financial reporting. Through different conceptual insights and empirical case studies, the research presented serves as a useful resource for academics, students, and policy-makers interested in in-depth studies on management challenges in Africa.

Entrepreneurship and SME Management Across Africa : Context, Challenges, Cases

This book series publishes monographs and edited volumes devoted to studies on entrepreneurship, innovation, as well as business development and managementrelated issues in Africa. Volumes cover in ...

Introduction—Management Challenges in Africa

This introductory chapter addresses management challenges across different types of African organizations. Based on a literature review of how management challenges in Africa have been studied to date, it introduces this volume’s three parts—Practices, Processes, and Performance. It also gives a brief insight of the chapters that discuss these challenges in detail.

Contextualizing entrepreneurship in-between

This book aims to examine entrepreneurship as a contextualized phenomenon from different theoretical and empirical perspectives. We bring forth a group of researchers with different nationalities, backgrounds and empirical contexts to shed light on how societies with alternative paths of development trigger different entrepreneurships. In this volume, the focus is on emerging economies and developing countries. We argue that distinguishing the variety of contexts for entrepreneurship as well as the context of researchers can help us to better understand the richness of entrepreneurship phenomena in the world (Welter, 2011; Zahra, 2007; Zahra et al., 2014). Entrepreneurship includes working attitudes, modes of thinking, social practices and processes (Gnan et al., 2014) that are crucial in today ́s societies since they foster human, organizational and economic growth. This does not, however, mean that entrepreneurship needs to be viewed and evaluated in the traditional western way. As an alternative, we conceptualize these working attitudes, modes of thinking, social practices and processes as entrepreneurship inbetween. We elaborate on three aspects regarding contextualizing entrepreneurship inbetween as follows: (1) misplaced, yet fertile and unexplored contexts; (2) practice and theory of contexts; and (3) driving forces for entrepreneurial practices.

A dynamic model of entrepreneurial identification and dis-identification: An emotions perspective

Despite recognition of the centrality of emotions in entrepreneurship, little attention has been given to role of emotions in the development of entrepreneurial identity or enactment of entrepreneu ...