Lecture 2 - The Diversity of SMEs (Part 3)

What are the two levels of entrepreneurial identity?

Individual identity: how the entrepreneur sees themselves.
Organisational identity: how the venture is perceived.

How are venture type and identity related?

Venture type, entrepreneurial identity, and organisational identity influence one another.

What did Morris et al. find about individual identity?

Survival entrepreneurs score lowest; managed- and aggressive-growth entrepreneurs have stronger entrepreneurial identities than lifestyle entrepreneurs.

How do organizational identities differ?

Aggressive growth: inventive and risk-taking
Managed growth: community- and value-focused
Lifestyle: independent and responsible
Survival: simple, struggling and day-to-day

What are Nooteboom’s three reasons for becoming an entrepreneur?

Push: necessity
Pull: opportunity
Coincidence: circumstances

What are Douglas et al.’s three primary purposes?

Profit: financial returns
Social impact: societal value
Innovation: new ideas, products or services

Which hybrid motivations were found?

Profit-innovation and social impact-innovation; no clear profit-social impact hybrid.

What determine entrepreneurial intention?

Desirability: Is entrepreneurship attractive?
Feasibility: Is it achievable?
Self-efficacy: Can I perform the required tasks?

What is FSQCA?

A method that identifies different combinations of conditions leading to the same outcome.

What are complementary, substitutive and suppressive conditions?

Complementary: work together
Substitutive: replace each other
Suppressive: one reduces or excludes another

What is the main conclusion of Douglas et al. (2021)?

Different combinations of motivations and capabilities can produce entrepreneurial intention.