CFP: Special issue: Entrepreneurial Growth, Value Creation and New Technologies
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David B. Audretsch, Indiana University Bloomington, USA
Maksim Belitski, Henley Business School, UK
Rosa Caiazza, Parthenope University of Naples, Italy
Farzana Chowdhury, Durham University Business School, UK
Matthias Menter, Friedrich Schiller University Jena, Germany
The role of new technologies and platform-based firms that are shaping entrepreneurship activities is a growing research agenda (Dholakia and Kshetri, 2004; Khajeheian, 2013; Bi et al., 2017; Giones and Brem, 2017; Nambisan et al. 2017; Kenney and Zysman, 2020). Recent research in entrepreneurship and innovation shows that technology empowers firms at different stages of their growth continuum (Li et al., 2016; Autio et al., 2018), which is in line with an extensive literature on the role of technologies in enabling market-making strategies of entrepreneurs in the industrial and corporate change as well as small business economics literature (Kenney and Von Burg, 1999; Dosi and Mohnen, 2018; Elia et al., 2020).
However, how, when, and under what conditions technology can support entrepreneurs at different stages of their growth continuum is much less clear. As entrepreneurship is a heterogeneous phenomenon, the multifacetedness of entrepreneurs needs to be taken into consideration (Audretsch et al., 2015). We need to identify entrepreneurial opportunities at the early stages of entrepreneurship (nascent entrepreneurship) when the transition from a start-up to a scale-up can be possible. Yet, there is a need to understand how market opportunities, perceived by entrepreneurs as access to resources, change entrepreneurial behavior, and the way they enter markets, including through platforms (Cutolo and Kenney, 2019). New technologies that can support these different stages of entrepreneurship are not always the same. For example, investments in technologies such as business analytics, social media technology, mobile applications and development, cloud computing, internet of things, machine learning, blockchain, and artificial intelligence vary widely across industries and regions where entrepreneurs aim to start their business. New technologies that are relevant at earlier and later stages of entrepreneurship can help us to unpack the black box of a variety of entrepreneurship and the conduits entrepreneurs use to create and transfer economic value (Acs et al., 2013).
Heterogeneity, both in the technology and in entrepreneurship outcomes, invalidates a "one-size-fits-all" approach to understanding the relationship and presents a ripe and relevant research agenda (Nambisan et al., 2017). Some technologies may play a more decisive role at the nascent stages of entrepreneurship (e.g., cloud computing, social media, big data collection, and big data analytics) when resources of entrepreneurs are limited. Other technologies such as the internet of things, artificial intelligence, and blockchain have become increasingly influential at the emergent and mature stages of the entrepreneurship lifecycle. The ability to use technologies to market entry and growth will affect the social and societal implications of the use of new technologies, hence increase both economic and societal value creation through the utilization of these new technologies. Given that "entrepreneurship" itself is a heterogeneous phenomenon, there may be different responses to new technologies for economic agents and society (Audretsch et al., 2017).
This special issue further expands our understanding of entrepreneurship and value creation with the role of new technologies as a conduit for entrepreneurial entry and growth. For example, technology may complement local drivers of innovation and entrepreneurship culture (Stutzer et al., 2018), develop dynamic capabilities and resources used by entrepreneurs (Caiazza et al., 2015, 2019), change Schumpeterian and Kirznerian perspectives to entrepreneurial cognition (Kirzner, 1989), shape the dynamics of entrepreneurial ecosystems (Audretsch and Belitski, 2017). It may even change the way university, government, and the private sector collaborate on knowledge commercialization (Miller et al., 2018; Cunningham et al., 2018) and the use of new technologies.
This special issue will focus on the new trajectories through which economic and societal value is created and will address the questions of how, when, and which development of technology is adopted by entrepreneurs to facilitate their entrepreneurial journey, reduce resource limitations, facilitate growth and enable value creation (Nambisan et al., 2017).
Objectives and Scope
The objectives of this special issue include an understanding of why and how new technologies facilitate the interaction between economic agents/actors and thus reduce transaction costs to enable market entry and exploration of market opportunities. Technological change facilitates entrepreneurial, innovation, and social outputs along the entrepreneurial journey. In doing so, this special issue unpacks a nuanced relationship between the diversity of technologies and a variety of entrepreneurship going beyond what is known as a binary treatment of entrepreneurship, i.e., one is an entrepreneur, or one is not. A comparative analysis of the different stages of entrepreneurship and the role technology can facilitate it (Kenney and Zysman, 2020) will provide more nuanced information for both managers and policymakers to target specific outcomes more effectively and under different resource availability and technological conditions to create value for society and entrepreneurs.
The call for research on this subject is both timely and necessary to meet the industry and innovation challenges we are facing in the 21st Century. Because JTT is an important platform that advances our understanding of entrepreneurship, this seems the most suitable venue for this research. The contributions to the subject will yield seminal findings, which will have profound implications for a wide range of stakeholders, including technology and entrepreneurship scholars, managers, and policymakers, as well as society. Both academics and practitioners will write the papers for this special issue of entrepreneurship, innovation, information governance, and technology management, particularly through focusing on the role of technological changes for different entrepreneurship types.
This special issue welcomes theoretical and empirical contributions, using qualitative or quantitative methods, and either a micro, meso, or macro-level analysis in the following areas:
• How, when, and which technology can support entrepreneurs at different stages of their growth continuum?
• Does the adoption of technologies influence entrepreneurship and innovation strategy?
• Does the adoption of technology impact entrepreneurs' relationships with intermediary organizations (e.g., incubators, accelerators, government)? Empirical and theoretical research of technology adoption at different stages of the entrepreneurship lifecycle.
• What is the role of digital technologies (social media, big data, internet of things, neural networks, blockchain, artificial intelligence) in creating economic and societal value and the role of entrepreneurship in this process?
• What is the role of country-specific technology policies and their impact on growth-oriented and high-quality entrepreneurship?
• What are the societal and economic implications of using new technologies, as increasing both economic and societal value is created differently through the utilization of new technologies?
• What are the future perspectives on technology development for start-ups and growth-oriented firms?
• Do new technologies influence knowledge spillovers and knowledge collaboration between entrepreneurs, corporates, and government in their impact on innovation and firm performance?
• Do the interplay between different technologies (cloud computing, mobile data, data analytics, internet of things, blockchain, artificial intelligence) at different stages of the entrepreneurial journey?
• What is the role of cloud computing for firm performance and innovation?
• Do the way information is collected, processed, transformed, and shared and how it changes productivity in entrepreneurial firms?
• What is the role of open innovation and the adoption of new technologies in appropriating innovation outcomes and the ability to create and pursue market opportunities?
These research topics will significantly advance entrepreneurship scholarship by integrating the technology innovation context where supporting entrepreneurs to grow and innovate has become a principal factor in policy discourse. Practically, they will also help entrepreneurs, policymakers, and managers to identify technological solutions to entrepreneurial value creation and capture.
Acs, Z. J., Desai, S., & Hessels, J. (2008). Entrepreneurship, economic development, and institutions. Small Business Economics, 31(3), 219-234.
Acs, Z. J., Audretsch, D. B., & Lehmann, E. E. (2013). The knowledge spillover theory of entrepreneurship. Small Business Economics, 41(4), 757-774.
Audretsch, D. B., Kuratko, D. F., & Link, A. N. (2015). Making sense of the elusive paradigm of entrepreneurship. Small Business Economics, 45(4), 703-712.
Audretsch, D. B., & Belitski, M. (2017). Entrepreneurial ecosystems in cities: establishing the framework conditions. The Journal of Technology Transfer, 42(5), 1030-1051.
Audretsch, D. B., & Keilbach, M. (2008). Resolving the knowledge paradox: Knowledge-spillover entrepreneurship and economic growth. Research Policy, 37(10), 1697-1705.
Audretsch, D. B., Obschonka, M., Gosling, S. D., & Potter, J. (2017). A new perspective on entrepreneurial regions: linking cultural identity with latent and manifest entrepreneurship. Small Business Economics, 48(3), 681-697.
Autio, E., Kenney, M., Mustar, P., Siegel, D., & Wright, M. (2014). Entrepreneurial innovation: The importance of context. Research Policy, 43(7), 1097-1108.
Autio, E., Nambisan, S., Thomas, L. D., & Wright, M. (2018). Digital affordances, spatial affordances, and the genesis of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 72-95.
Bi, R., Davison, R.M. and Smyrnios, K.X., 2017. E-business and fast growth SMEs. Small Business Economics, 48(3), pp.559-576.
Caiazza R., Belitski M. & Audretsch D. (2019), From latent to emergent entrepreneurship: The knowledge spillover construction circle, Journal of Technology Transfer
Caiazza, R., Richardson, A., & Audretsch, D. (2015). Knowledge effects on competitiveness: from firms to regional advantage. The Journal of Technology Transfer, 40(6), 899-909.
Cunningham, J. A., Menter, M., & O'Kane, C. (2018). Value creation in the quadruple helix: A micro level conceptual model of principal investigators as value creators. R&D Management, 48(1), 136-147.
Cutolo, D., & Kenney, M. (2019). Platform-dependent entrepreneurs: Power asymmetries, risks, and strategies in the platform economy. Risks, and Strategies in the Platform Economy (April 15, 2019).
Dholakia, RR and Kshetri, N., 2004. Factors impacting the adoption of the Internet among SMEs. Small Business Economics, 23(4), pp.311-322.
Dosi, G., & Mohnen, P. (2018). Innovation and employment: an introduction. Industrial and Corporate Change, 28(1), 45-49.
Elia, G., Margherita, A., & Passiante, G. (2020). Digital entrepreneurship ecosystem: How digital technologies and collective intelligence are reshaping the entrepreneurial process. Technological Forecasting and Social Change, 150, 119791.
Giones, F. and Brem, A., 2017. Digital technology entrepreneurship: A definition and research agenda. Technology Innovation Management Review, 7(5).
Kenney, M., & Von Burg, U. (1999). Technology, entrepreneurship and path dependence: industrial clustering in Silicon Valley and Route 128. Industrial and Corporate Change, 8(1), 67-103.
Khajeheian, D., 2013. New venture creation in social media platform; Towards a framework for media entrepreneurship. In Handbook of social media management (pp. 125-142). Springer, Berlin, Heidelberg.
Kirzner, I. (1989). Discovery, Capitalism, and Distributive Justice. Oxford: Basil Blackwell.
Kenney, M., & Zysman, J. (2020). The platform economy: restructuring the space of capitalist accumulation. Cambridge journal of regions, economy and society, 13(1), 55-76.
Nambisan, S., Lyytinen, K., Majchrzak, A., & Song, M. (2017). Digital Innovation Management: Reinventing innovation management research in a digital world. MIS Quarterly, 41(1).
Li, W., Liu, K., Belitski, M., Ghobadian, A., & O'Regan, N. (2016). e-Leadership through strategic alignment: An empirical study of small-and medium-sized enterprises in the digital age. Journal of Information Technology, 31(2), 185-206.
Miller, K., McAdam, R., & McAdam, M. (2018). A systematic literature review of university technology transfer from a quadruple helix perspective: toward a research agenda. R&D Management, 48(1), 7-24.
Stuetzer, M., Audretsch, D. B., Obschonka, M., Gosling, S. D., Rentfrow, P. J., & Potter, J. (2018). Entrepreneurship culture, knowledge spillovers and the growth of regions. Regional Studies, 52(5), 608-618.
Process for reviewing papers:
After the initial screening by the guest editors, the submissions will go through a rigorous double-blind review process. On the compilations of referee reports, the editors will make the final decision. The submissions which are found to be internationally excellent in terms of originality, significance and rigour will be considered for publication.
The first workshop to advertise the SI on Technology, Entrepreneurship and Innovation will be held jointly by Henley Business School, University of Reading (UK), Durham University Business School (UK) Indiana University Europe Gateway in Germany on March 14-15, 2022 at Indiana University Europe Gateway in Berlin Germany.
Authors of "revise and resubmit" papers will be invited to present their work after the first revision at the International workshop which will be held in a year time jointly by Henley Business School, University of Reading (UK), Durham University Business School (UK) Indiana University Europe Gateway in Liverpool on March 14-15, 2022.
This workshop will provide the final remarks and shape contributions of the paper. More importantly it will aim to invite stakeholders such as practicing entrepreneurs, public leaders, and entrepreneurial policy makers in order to provide feedback and advise on policy recommendations. This will make the workshop unique and different from the other workshops as it will expand to other stakeholders beyond academic.
Submission deadline: 30 April 2022
First round of review: 30 July 2022
Revisions deadline: 1 October 2022
Second round of review: 30 January 2023
Revisions deadline 1 April 2023
Final acceptance: June/July 2023
Questions and informal enquiries should be directed to:
Rosa Caiazza: firstname.lastname@example.org
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