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This study aims to examine the effect of perceived environmental dynamism on entrepreneurial team member's innovation. Based on the uncertainty reduction theory, this study constructs a multilevel moderated mediation model of the relationship between perceived environmental dynamism and entrepreneurial team member's innovation. By collecting questionnaires from 117 entrepreneurial team leaders and 479 team members in China, this research found that perceived environmental dynamism could stimulate entrepreneurial team members' innovation via triggering their information exchange behavior. In addition, entrepreneurial team members' intolerance for uncertainty and team cooperative climate can moderate the indirect positive relationship between perceived environmental dynamism and individual innovation. Our findings contribute to a better understanding of entrepreneurial team members' responses to dynamic environment and their innovation behavior.

Entrepreneurship has flourished in recent years; however, since education on how to raise funds has received little attention from scholars, obtaining funds remains a difficult task. The development of crowdfunding has provided new opportunities to entrepreneurs, thus solving the funding, marketing, and distribution problems they previously faced. The main purpose of this study is to organize crowdfunding literature and to develop a crowdfunding curriculum grounded on output-based education. Students are asked to develop a product and a crowdfunding plan within the span of one semester. This study explains the teaching content separately from the crowdfunding plan competition, course elements, and timetable. [ABSTRACT FROM AUTHOR]

Entrepreneurship education plays a mediating moderating role in independent entrepreneurship, especially for the fresh graduates where entrepreneurial knowledge charms. Based on the mediating effect model, this study explores the correlation between three factors and independent entrepreneurship. A set of hypotheses was established by investigating the theoretical background within the field of interest. Such hypotheses were later assessed by an online-offline mix study conducted among graduates. The result found that entrepreneurship theory-based courses can promote independent entrepreneurship, but entrepreneurship practice training surprisingly failed to promote. Entrepreneurial opportunity identification mediated only between theory-based courses and independent entrepreneurship. The findings found could be highly beneficial in organizing entrepreneurship syllabus, scientifically arranging a theory-based course, and practicing a training course. Moreover, it could be further developed into a pedagogical model. [ABSTRACT FROM AUTHOR]

Entrepreneurship research generally focuses more on the entrepreneurial outcomes of entrepreneurs and less on their entrepreneurial process. To a certain extent, well-being reflects how tired entrepreneurs are during entrepreneurship. Based on conservation of resources theory, this study proposes a double-edged sword model of the effect of entrepreneurial identity on subjective well-being, using the two-dimensional structure of work rumination as a mediator. This study also concentrates on the moderating role of entrepreneurial mindfulness. Multiple hierarchical regression methods are used to analyze and test 882 valid samples. Results suggest that the effect of entrepreneurial identity produces distinctly different outcomes. On the one hand, entrepreneurial identity induces entrepreneurs' work-related affective rumination to reduce their subjective well-being through the path of resource depletion. On the other hand, entrepreneurial identity stimulates entrepreneurs' contemplation on work-related problem-solving pondering to enhance their subjective well-being through the path of resource acquisition. In the path of resource depletion, work-related affective rumination produces a "suppressing effect" between an entrepreneur's identity and entrepreneurial subjective well-being. In addition, entrepreneurial mindfulness weakens the resource depletion path. Entrepreneurial mindfulness negatively moderates the relationship between entrepreneurial identity and work-related affective rumination. Entrepreneurial mindfulness also does not strengthen the resource acquisition path. Mindfulness does not positively moderate the relationship between entrepreneurial identity and work-related problem-solving pondering. The findings further extend the research on the influence of entrepreneurial identity on subjective well-being. They also reveal the mechanisms and boundary conditions of the effect of entrepreneurial identity on subjective well-being. [ABSTRACT FROM AUTHOR]

The role of venture capital (VC) in the process of transforming the innovation capabilities of enterprises into benefits was explored by Jin et al. Shu et al. examined creativity and innovation from the perspective of education and proposed a sustainability-oriented framework for creativity, innovation, and entrepreneurial education. Keywords: innovation; entrepreneurship; maker; venture capital; creativity EN innovation entrepreneurship maker venture capital creativity N.PAG N.PAG 4 03/10/21 20210308 NES 210308 Entrepreneurship is a process that can be undertaken by individuals or groups of individuals. The following section will elaborate on entrepreneurship, maker, innovation, creativity, and venture capital, respectively. [Extracted from the article]

Abstract Entrepreneurship has gained increasing research attention in recent years. Although researchers largely agree the importance of innovation in the process of entrepreneurship, little research explores how the emerging innovation approaches can facilitate the above process. Furthermore, there is a lack of studies on entrepreneurship adopting the open platform strategy in light of the digital evolution. To address this research gap, this study investigates how entrepreneurs can take advantage of the platform-based innovation ecosystem in the entrepreneurial process. First, the study discusses various platform-based innovations for entrepreneurs and elaborates on the implementation with examples and practices. Accordingly, the study demonstrates a framework which categorizes these innovation platforms to fulfill the needs at two pivotal stages of the innovation process (i.e. invention and commercialization) for entrepreneurs. The study also discusses the concerns and issues an innovation platform ecosystem may bring forth for entrepreneurs. Finally, the study proposes a number of topics that merit further research. This study represents the first effort to categorize online platforms and develop an innovation process-based framework of platforms for entrepreneurs. Highlights • We explore how entrepreneurs can take advantage of the platform strategy. • We classify innovation platforms for entrepreneurs. • Classification is based on NPD/NSD and commercialization capabilities. • We discuss the concerns and issues innovation platforms bringing forth for entrepreneurs. • The study proposes a number of future research topics. [ABSTRACT FROM AUTHOR]

The driving factors behind the exploration and search for entrepreneurial intention (EI) are critical to entrepreneurship education and entrepreneurial practice. To reveal in depth the influence of personality traits on EI, our study introduces the opposite of proactive personality—the dark triad that consists of narcissism, psychopathy and Machiavellianism. Our study used the MBA students of Tianjin University as a sample to analyze the relationship between the dark triad, entrepreneurial self-efficacy (ESE) and EI. A total of 334 MBA students aged 24–47 years participated and the participation rate is 95.71%. The data collection was largely concentrated in the period from May 15 to June 5, 2018. From the overall perspective of the dark triad, the results show that the dark triad positively predicts EI, and ESE has a partial mediating effect on the dark triad and EI. From the perspective of the three members of the dark triad, the study found that narcissism/psychopathy has a negative effect on ESE and EI; narcissism/psychopathy has a non-linear effect on EI; Machiavellianism has a positive effect on ESE and EI; and ESE has a mediating effect on the three members of the dark triad and EI. In short, our research reveals that the three members of the dark triad have different effects on EI in different cultural contexts, and the research findings have certain reference value for further improvement of entrepreneurship education and entrepreneurial practice. [ABSTRACT FROM AUTHOR]

As the information communication and investment of crowdfunding campaigns are usually accomplished online, online crowdfunding theoretically breaks the limitation of space. However, investors’ behaviors still show significant home bias; furthermore, from a dynamic view, the changes in home bias during the funding duration reflect the investment preference. This paper studies the dynamics of home bias in crowdfunding investment as well as the distance diffusion of home bias in the crowdfunding market through data mining and econometric models. The distance between investors and founders gradually increases from 3605 km to 4229 km as the funding progresses, and home bias shows different diffusion patterns between categories. For most of the campaigns, the distance between backers and founders of the successful campaigns is always greater than that of the failed ones; thus, the distance diffusion impacts the pledge results. However, the study also finds that for some categories, home bias does not play a positive role in investment or that it even shows negative impacts, among which food and technology are two extreme categories. The study provides a theoretical basis from the perspective of user behavior to analyze online investment and to improve the promotion of crowdfunding campaigns. [ABSTRACT FROM AUTHOR]

A crowdfunding narrative often has a title, abstract, detailed description, reward statements, and the creators' biographies, which carry elements of subjectivity and objectivity in their wordings. The subjectivity and objectivity facets of an entrepreneurial narrative influence the signal's observability, thus affecting the fundraising outcomes. This study contributes to the understanding of the subjectivity versus objectivity debate in economic exchange in online crowdfunding, by examining how and if the crowdfunding outcomes can be better achieved through the deliberate positioning of the subjectivity versus objectivity claims in the various text sections and through carefully determining the prioritization of the subjective and objective contents. This study employs text mining and Bayesian inference to identify and differentiate the subjective and objective attributes in an entrepreneurial narrative. Taking 328,974 campaigns from Kickstarter , from April 2009 to April 2019, we observe a statistical difference between the text sections in a narrative. Some level of objective appeal should reside in the abstract and the reward statement. To court investors, the title, detailed textual description, and biography should be phrased subjectively. For the detailed textual description, the objective contents should be positioned at the start of the narrative, followed by the subjective statements, to enhance the success of online fundraising. Further, the overall prediction accuracy of funding support in the presence of subjective versus objective factors improves by 1.76%, from 76.37%, as shown through machine learning prediction analytics. • Measure the subjectivity vs. objectivity for large entrepreneurial corpus. • Evaluate the impact of subjectivity vs. objectivity among the text sections. • Objective appeal should reside in abstract and reward statement. • Title, detail textual description, and biography can be worded subjectively. [ABSTRACT FROM AUTHOR]