The emergence and evolution of cognition‐ and affect‐based trust in Russian entrepreneurial ventures

Author(s):  
Alexander Lascaux ◽  
Irina Kolesnikova

This survey of research on psychology in five volumes is a part of a series undertaken by the ICSSR since 1969, which covers various disciplines under social science. Volume One of this survey, Cognitive and Affective Processes, discusses the developments in the study of cognitive and affective processes within the Indian context. It offers an up-to-date assessment of theoretical developments and empirical studies in the rapidly evolving fields of cognitive science, applied cognition, and positive psychology. It also analyses how pedagogy responds to a shift in the practices of knowing and learning. Additionally, drawing upon insights from related fields it proposes epithymetics–desire studies – as an upcoming field of research and the volume investigates the impact of evolving cognitive and affective processes in Indian research and real life contexts. The development of cognitive capability distinguishes human beings from other species and allows creation and use of complex verbal symbols, facilitates imagination and empowers to function at an abstract level. However, much of the vitality characterizing human life is owed to the diverse emotions and desires. This has made the study of cognition and affect as frontier areas of psychology. With this in view, this volume focuses on delineating cognitive scientific contributions, cognition in educational context, context, diverse applications of cognition, psychology of desire, and positive psychology. The five chapters comprising this volume have approached the scholarly developments in the fields of cognition and affect in innovative ways, and have addressed basic as well applied issues.


Author(s):  
Lyda Bigelow ◽  
Jennifer Kuan ◽  
Kyle Mayer

Regional differences among industry clusters have long been a puzzle, especially when performance differences are significant. This chapter examines the case of venture capital investing, in which Silicon Valley differs from the rest of the world despite attempts to imitate its model. The point of entry in this chapter is the contract between venture capitalist and entrepreneur. Although such contracts have been analyzed in other research, this chapter argues that the psychological effects of different contract styles are of primary importance to innovative outcomes of entrepreneurial ventures. Thus, it argues that regulatory focus theory, which considers the psychological effects of contracting, is essential to understanding differences in practice and outcomes in venture capital clusters.


Author(s):  
Vincenzo Butticè ◽  
Silvio Vismara

AbstractNowadays equity crowdfunding plays an important role in the entrepreneurial finance markets. To better understand the functioning of the industry, it is important to consider the entire equity crowdfunding process and all the actors involved. Equity crowdfunding platforms match indeed the demand of capital from entrepreneurial ventures with the supply of capital by investors. This manuscript is a first step in this direction, by (1) comparing equity crowdfunding with traditional sources of entrepreneurial finance; (2) discussing the potential and the perils of equity crowdfunding for inclusivity and democratization; (3) highlighting the role of visual information in digital finance; and (4) providing first insights on the industrial dynamics in equity crowdfunding. The paper gives researchers and practitioners orientation about recent developments in equity crowdfunding literature and provides relevant research directions.


2020 ◽  
Vol 68 (5) ◽  
pp. 948-964
Author(s):  
David Redmalm ◽  
Annika Skoglund

Giorgio Agamben argues in The Kingdom and the Glory (2011) that a theological remnant has survived since the medieval period that today makes it impossible to think of government and economy, or ethico-political questions and the administration of a society’s resources, separately. This conflation can be recognized in today’s growing trend of alternative entrepreneurial ventures that aim to merge social and economic value creation in response to shrinking welfare states. ‘Alternative entrepreneurship’ merges organizational goals and values with those of their members with the aim to increase innovation and productivity, and to spur social change. Rather than asking if and how alternative entrepreneurship can solve social problems, the present article contributes to a sociological understanding of the special kind of humanism embedded in these ventures. Drawing on Agamben’s work, this article theorizes the process that enables the conflation of personal and organizational values, and of ‘government and its economy’. The contribution is based on an ethnographic study of an IT company, founded in Hungary around 2010, and its engagement in the Budapest Pride Parade, in a Roma settlement, and in a mission to help Syrian refugees. Following Agamben, we think through these interventions as ‘zones of indistinction’ where organizational boundaries are dissolved, where contradictory values are conflated, and where the participants are positioned as homines sacri whose humanity is at stake. This article shows how the encounters within these zones enable a merging of idealism and economic gain, turning the company itself into a zone of indistinction.


Author(s):  
Ferdinand Thies ◽  
Sören Wallbach ◽  
Michael Wessel ◽  
Markus Besler ◽  
Alexander Benlian

AbstractInitial coin offerings (ICOs) have recently emerged as a new financing instrument for entrepreneurial ventures, spurring economic and academic interest. Nevertheless, the impact of exogenous and endogenous signals on the performance of ICOs as well as the effects of the cryptocurrency hype and subsequent downfall of Bitcoin between 2016 and 2019 remain underexplored. We applied ordinary least squares (OLS) regressions based on a dataset containing 1597 ICOs that covers almost 2.5 years. The results show that exogenous and endogenous signals have a significant effect on the funds raised in ICOs. We also find that the Bitcoin price heavily drives the performance of ICOs. However, this hype effect is moderated, as high-quality ICOs are not pegged to these price developments. Revealing the interplay between hypes and signals in the ICO’s asset class should broaden the discussion of this emerging digital phenomenon.


Sign in / Sign up

Export Citation Format

Share Document