FDI in India - Its Impact on Entrepreneurial Ventures in India

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.

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Inclusive digital finance: the industry of equity crowdfunding

The Journal of Technology Transfer ◽

10.1007/s10961-021-09875-0 ◽

2021 ◽

Author(s):

Vincenzo Butticè ◽

Silvio Vismara

Keyword(s):

Visual Information ◽

Entrepreneurial Finance ◽

Industrial Dynamics ◽

Relevant Research ◽

Research Directions ◽

Entrepreneurial Ventures ◽

Equity Crowdfunding ◽

Recent Developments

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.

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Rethinking government and its economy with Giorgio Agamben: The homo sacer in alternative entrepreneurship

The Sociological Review ◽

10.1177/0038026120914538 ◽

2020 ◽

Vol 68 (5) ◽

pp. 948-964

Author(s):

David Redmalm ◽

Annika Skoglund

Keyword(s):

Value Creation ◽

Economic Value ◽

Special Kind ◽

Welfare States ◽

Ethnographic Study ◽

Economic Gain ◽

Giorgio Agamben ◽

Organizational Boundaries ◽

Entrepreneurial Ventures ◽

Organizational Goals

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.

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Initial coin offerings and the cryptocurrency hype - the moderating role of exogenous and endogenous signals

Electronic Markets ◽

10.1007/s12525-021-00460-9 ◽

2021 ◽

Author(s):

Ferdinand Thies ◽

Sören Wallbach ◽

Michael Wessel ◽

Markus Besler ◽

Alexander Benlian

Keyword(s):

Least Squares ◽

Ordinary Least Squares ◽

High Quality ◽

Academic Interest ◽

Entrepreneurial Ventures ◽

Asset Class ◽

The Impact ◽

Moderating Role ◽

Initial Coin Offerings

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.

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Cybersecurity and the new firm: surviving online threats

Journal of Business Strategy ◽

10.1108/jbs-08-2021-0146 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Vallari Chandna ◽

Praneet Tiwari

Keyword(s):

Risk Management ◽

Data Privacy ◽

Small Firms ◽

Management Practices ◽

Privacy Management ◽

Privacy Risk ◽

Entrepreneurial Ventures ◽

Content Type ◽

New Firm ◽

Established Firms

Purpose Nascent firms and startups are often subject to challenges that their more mature counterparts can avoid. While cybersecurity is an issue that all firms contend with, it is especially challenging for new entrepreneurial ventures who lack the resources and capabilities of established firms. The purpose of this paper is to seek to delve deeper into the cybersecurity and risk management needs of small firms and startups. Design/methodology/approach Extant literature and available tools are explored to develop a usable framework applicable to small firms and new entrepreneurial ventures. Findings The liabilities of newness and smallness make entrepreneurial ventures a unique context in which to study the significance of cybersecurity and data privacy risk management. The authors offer an overview of issues and potential solutions relevant to entrepreneurial ventures. Research limitations/implications While offering practical insights, the work is a theoretical framework. The framework will enable researchers to develop more nuanced theory when it comes to cybersecurity and data privacy risk management. Practical implications The framework illustrates four distinct contexts for cybersecurity and risk management when it comes to the needs of small firms and startups. Adoption levels are explained, and small business operators and entrepreneurs can thus use the framework to determine the most appropriate approach for their enterprise. Originality/value The authors develop a framework illustrating adoption of different security and risk management practices by entrepreneurial ventures based on their specific needs and context. The authors thus offer practical solutions for startups and nascent firms regarding cybersecurity and privacy management.

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Digital defenses

Strategic Direction ◽

10.1108/sd-12-2021-0159 ◽

2022 ◽

Vol ahead-of-print (ahead-of-print) ◽

Keyword(s):

Case Studies ◽

Design Methodology ◽

Reading Time ◽

Digital Age ◽

Cutting Edge ◽

Entrepreneurial Ventures ◽

Content Type ◽

Pertinent Information ◽

Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings All organizations need cybersecurity solutions to function in the digital age. For entrepreneurial ventures, what is required varies on their need for privacy, and how digitally adept they already are. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

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