JSBM SPECIAL ISSUE

JSBM SPECIAL ISSUE

Guest Editors:
Prof. Roberto Parente
University of Salerno
Prof. Ki Chan Kim
Catholic University of Korea-Seoul
Prof. Alex De Noble
San Diego State University
Prof. Jeffrey Hornsby
UMCK University

 BACKGROUND

The UN Declaration of the Micro and Small Business (MSMEs) Day, spearheaded by the International Council for Small Business (ICSB), has been a key milestone in the fulfillment of ICSB’s mission to support entrepreneurs and small business in progressing towards inclusive economic growth. The Declaration, while highlighting the complexity and the multidimensionality of the entrepreneurial role, recognizes the role of MSMEs in the achievement of the UN – Sustainable Development Goals (SDGs).

The ICSB Forums held at the United Nations Headquarters in New York, together with the organization of a large portfolio of congresses and conferences all around the world, have been valuable opportunities to connect and celebrate organizations and individuals committed to helping MSMEs move in the direction of creating more decent jobs while protecting the environment as well as their local communities. This movement fostered a new type of research activity around the concept of the Humane Approach to Entrepreneurship. In particular, thanks to the pioneering work of Prof. Ki Chan Kim and Ayman El Tarabishy, an international group of researchers was assembled to better define the concept (humaneentrepreneurship.org). This was intended as a model for firms’ growth based on entrepreneurial orientation, leadership, and fair human resource management. Furthermore, in a pair of articles published by JSBM (56-S1, 2018), the Humane Entrepreneurship concept was at first defined as a means to create both financial wealth and new high-quality jobs (Ki Chan et al, 2018), and, subsequently, as a strategic posture defined by the capability to provide leverage on Entrepreneurial Orientation, and at the same time,  on orientation towards executive and employees welfare and on orientation towards social and environmental sustainability (Parente et al. 2018, Parente et al. 2020).

Today, management and entrepreneurship research is theory-driven to a much larger extent. A major challenge for Humane Entrepreneurship research, therefore, is to prove the existence of Human Entrepreneurship Orientation (HumEnt) and define a measurement scale  for performing research with a solid theoretical grounding. This special issue is a starting point to make suggestions as to exactly how this should be done. We do note, however, that strategy research increasingly deals with dynamic issues that are largely entrepreneurial in nature. Potentially, Humane Entrepreneurship research can find its theoretical habitat within these dynamic approaches in strategy research. An added benefit of a solid theoretical grounding is that it may be easier for scholars to publish their work in the kind of high-quality journals that favor theory-driven research, including ICSB’s JSBM Journal which has also encouraged cutting edge research.

OVERVIEW

The focus on orientations is a well-grounded perspective from which to study entrepreneurship at the firm level (Miller and Friesen, 1982; Covin and Slavin, 1991; Lumpkin and Dess, 1996), and is in line with the Theory of Planned Behaviour (TBP) (Ajzen, 1991), which states that behavioral intentions guide our decision pathways.

From this point of view, Humane Entrepreneurship (HumEnt) can be viewed as a strategic posture which inspires new forms of eentrepreneurial strategies for wealth creation (Ireland and Al, 2001). This can be compared to the triple bottom line approach that argues for jointly optimizing social, environmental, and economic returns (“people, planet, profits”). The inventor of that concept, John Elkington, recently noted that scholars and managers have struggled to operationalize it productively. Interestingly, his proposed operationalization looks much like the theme of humane entrepreneurship proposed here (Kraaijenbrink, 2020 .) Another even older approach is from EF Schumacher’s classic Small is Beautiful: A Study of Economics as if People Mattered that argued that while humans enable any system, should systems also enable humans? One needs entrepreneurial thinking to make that happen. To Elkington’s point, how do we move from trade offs between his 3 Ps toward synergies?

The concept of HumEnt as a new theoretical construct has its roots in well-established fields of studies in Management and Entrepreneurship. One of the main inspirational sources can be found within Corporate Social Responsibility (CSR), a conceptualization that captures the idea that corporations have not only economic (and legal) obligations but some ethical and discretionary (philanthropic) responsibilities as well (Carroll, 1991). The CSR influence on the strategic entrepreneurship theory is not new at all, an example can be found in Hitt et al. (2011) where they argued that successful strategic entrepreneurial activity should create value for customers, stockholders, and other stakeholders.

From a broader perspective, the Humane Entrepreneurship concept is in line with a philosophical line of thought that argues over the influence of ethical dimensions in the emergence of orientations and behaviors of economic agents. Even if traces of this discourse can already be found in the works of enlightenment philosophers that defined the field of economy as a new scientific field in the 18th century,  more recently there has been a rising interest in the role of ethics in management. The ethics perspective has to lead to a fine-grain distinction between immoral, amoral and moral orientations in management (Carroll, 2001) while more recent work introduced the distinction between egotistic, altruistic and biospheric orientation (De Groot and Steg, 2008). On a positive side, Humanistic Management emerged as a managerial (and possibly entrepreneurial) orientation characterized by “management which emphasizes the human condition and is oriented to the development of human virtue, in all its forms, to its fullest extent” (Melé 2003).

Humane Entrepreneurship, as a strategic posture, is still in its infancy state and, similar to concepts focusing on entrepreneurship at the firm-level, needs an effort of clarification about the epistemology of firm-level orientations, real entrepreneurial events, and organizational performances, and the structure of the links between them (Kantur, 2014).

 Research Issues

Following is a non-exhaustive and non-exclusive list of issues and questions that might be addressed in response to this Call For Papers. Other appropriately related topics are equally welcome:

  • What are the internal and external factors that behave as antecedents of HumEnt orientation?
  • What effect does a firm’s nature of business (necessity or opportunity-driven), size, age, and/or industry have on HumEnt?
  • Is HumEnt different in different cultures and/or does it change according to different economic phases?
  • Is HumEnt able to create new organizational resources and dynamic capabilities?
  • HumEnt and Social Capital development at either the individual or organizational level.
  • How to measure HumEnt Orientations? Is it possible to have a unique index?
  • How HumEnt orientations influence the selection of entrepreneurial opportunity?
  • What are the links between HumEnt as a Strategic Posture and Strategic Entrepreneurship? Can a direct link or other factors mediate/moderate this relationship?
  • What are the links between HumEnt as a Strategic Posture and a firm’s performance? Is it a direct link or do other factors mediate/moderate this relationship?
  • Can HumEnt facilitate networking strategy and local development?
  • Progress on UN-Sustainable Development Goals achievements and HumEnt.

We especially seek empirical papers, both quantitative and qualitative. However, conceptual and theory-building papers are also welcomed.

New Deadline

Call Opens                                         February  2020
Call Ends                                           July 2020 – in conjunction with ICSB World Congress
First Revision                                    October 2020
Final Date of Acceptance                December 2020
Publication date                                April 2021

More Info:

Prof. Roberto Parente – University of Salerno
rparente@unisa.it

Prof. Ki Chan Kim – Catholic University of Korea – Seoul
Kckim.kckim@gmail.com

 References

Ajzen, I. (1991), “The Theory of Planned Behavior,” in Organizational Behavior and Human Decision Processes 50(2), 179–211.

Carroll A. (1991), “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders”, in Business Horizons, 34(4), 39-48.

Carroll A. (2001) “Models Of Management Morality For The New Millennium”, in Business Ethics Quarterly, Apr. Vol. 11 Issue 2.

Covin J. G., Slevin D.P. (1991), “A Conceptual Model of Entrepreneurship as Firm Behavior”, in Entrepreneurship Theory and Practice, 16(1), 7–25.

De Groot, J., & Steg, L. (2008), “Value orientations to explain beliefs related to environmental significant behavior: How to measure egoistic, altruistic, and biospheric value orientations”. In Environment and Behavior, 40(3), 330-354.

Hitt, Ireland, Sirmon, and Trahms (2011), Creating Value for Individuals, Organizations, and Society”, in Academy of Management Executive, May 2011.

Ireland, R. D., M. A. Hitt, S. M. Camp, and D. L. Sexton (2001), “Integrating Entrepreneurship and Strategic Management Actions to Create Firm Wealth,”, Academy of Management Executive 15 (1), 49–63.

Kantur D. (2014), “Strategic entrepreneurship: Mediating the entrepreneurial orientation- performance link”, in Management Decision, Vol. 54 Issue: 1

Ki Chan K., El Tarabishy A, Tae Bae Z. (2018),  “Humane entrepreneurship: How focusing on people can drive a new era of wealth and quality job creation in a sustainable world”, in JSBM, Vol. 56 n. S1, March.

Lumpkin (2001), “Linking Two Dimensions of Entrepreneurial Orientation to Firm Performance: The Moderating Role of Environment and Industry Life Cycle,” Journal of Business Venturing 16(5).

Lumpkin, G.T. and Dess, G.G. (1996), “Clarifying the entrepreneurial orientation construct and linking it to performance”, in Academy of Management Review, Vol. 21 No. 1.

Melè D. (2003), “The Challenge of Humanistic Management”, in Journal of Business Ethics 44: 77–88.


Miller, D., P. H. Friesen (1982), “Innovation in Conservative and Entrepreneurial Firms: Two Models of Strategic Momentum”, in Strategic Management Journal 3(1), 1–25.

Parente R., El Tarabishy A., Vesci M., Botti A. (2018), “The epistemology of humane entrepreneurship: Theory and proposal for future research agenda”, in JSBM, Vol. 56 n. S1, March.

Parente R., El Tarabishy A., Botti A., Vesci M., Feola R. (2020), “Humane Entrepreneurship: Some steps in the development of a measurement scale”, in JSBM Forthcoming

https://jeroenkraaijenbrink.com/2019/12/10/what-the-3ps-of-the-triple-bottom-line-really-mean/

Sustainable firms and legitimacy: Corporate venture capital as an effective endorsement

Sustainable firms and legitimacy: Corporate venture capital as an effective endorsement

By Deborah de Lange & Dave Valliere

Originally published online: 22 Nov 2019

ABSTRACT

This empirical study investigates the legitimizing effects of the presence of different investor types supporting entrepreneurial ventures. These effects may differ for sustainable ventures that face greater liabilities of newness due to powerful incumbents and negative halo effects of prominent failures. Drawing on institutional theory, this study developed and tested a model of investor legitimization with data on 184 entrepreneurial ventures using negative binomial regression. Findings suggest that the legitimizing effects of investor types for sustainable ventures differ from those of other ventures. In particular, corporate venture capital seems to legitimize sustainable ventures in a manner unlike other venture types.

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The price of a disadvantaged location: Regional variation in the price and supply of short-term credit to SMEs in the UK

The price of a disadvantaged location: Regional variation in the price and supply of short-term credit to SMEs in the UK

By Marc Cowling, Neil Lee & Elisa Ughetto

Originally published online: 19 Nov 2019

ABSTRACT

Access to inexpensive short-term credit from banks is vital for many small and medium enterprises (SMEs), which face liquidity problems because of an imbalance between cash outflows and receipt of outstanding payments. This article investigates the key determinants of short-term credit access and pricing for UK SMEs, disentangling between regional effects and firm-specific effects (that is, credit risk ratings). We use a large dataset of 30,183 responses to six waves of the SME Finance Monitor survey. While there are underlying differences at the firm level in risk behavior across regions, our key finding is that, faced with the same risk, banks do react fairly to funding applications in terms of access but not price at the regional level. We conclude that regional differences directly and indirectly affect the way banks allocate and price short-term credit. There is evidence of a peripheral region price penalty.

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CEO learning goal orientation and firm innovation: The mechanism and boundary conditions

CEO learning goal orientation and firm innovation: The mechanism and boundary conditions

By Cuilian Zhang & Hui Wang

Originally published online: 19 Nov 2019

ABSTRACT

This study explores how and when chief executive officer (CEO) learning goal orientation affects firm innovation. A sample of 164 small and medium-sized firms in China, with 164 CEOs and 488 top management team (TMT) members, reveals that CEO learning goal orientation exerts positive influences on firm innovation. TMT learning goal orientation mediates this link. Environmental uncertainty and TMT centralization moderate both the direct effect of CEO learning goal orientation on TMT learning goal orientation and the indirect, mediated effect of CEO learning goal orientation on firm innovation through TMT learning goal orientation. Therefore, the effects are amplified at high environmental uncertainty or low TMT centralization.

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The price of a disadvantaged location: Regional variation in the price and supply of short-term credit to SMEs in the UK

The price of a disadvantaged location: Regional variation in the price and supply of short-term credit to SMEs in the UK

By Marc Cowling, Neil Lee & Elisa Ughetto

Originally published online: 19 Nov 2019

ABSTRACT

Access to inexpensive short-term credit from banks is vital for many small and medium enterprises (SMEs), which face liquidity problems because of an imbalance between cash outflows and receipt of outstanding payments. This article investigates the key determinants of short-term credit access and pricing for UK SMEs, disentangling between regional effects and firm-specific effects (that is, credit risk ratings). We use a large dataset of 30,183 responses to six waves of the SME Finance Monitor survey. While there are underlying differences at the firm level in risk behavior across regions, our key finding is that, faced with the same risk, banks do react fairly to funding applications in terms of access but not price at the regional level. We conclude that regional differences directly and indirectly affect the way banks allocate and price short-term credit. There is evidence of a peripheral region price penalty.

CLICK HERE TO READ FULL ARTICLE >

Click here to read all Journal of Small Business Management articles > 

SME open innovation for process development: Understanding process-dedicated external knowledge sourcing

SME open innovation for process development: Understanding process-dedicated external knowledge sourcing

By Jose-Luis Hervas-Oliver, Francisca Sempere-Ripoll, Carles Boronat-Moll & Sofia Estelles-Miguel

Originally published online: 17 Dec 2019

ABSTRACT

Small and medium enterprise (SME) open innovation has received attention only for new product development, overlooking the fact that process innovation is a strategy commonly pursued by SMEs which requires organizing search strategies or external knowledge sourcing for that purpose. Focusing on 3,348 process-oriented innovative SMEs, defined as those that usually and primarily only introduce process rather than product innovation, this study empirically identifies key external sources of SME innovation for process technologies, linking open innovation to SME performance, and highlighting a very important distinction to literature focused on product development. The results contribute to the literature on SME open innovation.

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