The rhythm of effective entrepreneurs’ decision-making process. The pathways of alertness scanning and search and cognitive style. A mediation model

Wang

2023

LODJ

PurposeDrawing on self-determination theory, this study reveals the formative and functional mechanism of entrepreneurial leadership and constructs an integrated model that combines objective and subjective career success.Design/methodology/approachUsing data from 189 leaders from China, this study examined the relationship among cognitive style, social norms, entrepreneurial leadership and career success. Using SPSS version 25.0 and AMOS version 23.0, factor analysis, correlation, path analysis and moderation analysis were performed.FindingsThe results indicated that innovative cognitive style is positively related to entrepreneurial leadership, and this relationship is reinforced by social norms. Adaptive cognitive style is negatively related to entrepreneurial leadership, but this relationship is not regulated by social norms. Besides, this study found a significantly positive relationship between entrepreneurial leadership and objective career success, while entrepreneurial leadership does not demonstrate a significant relationship with subjective career success.Originality/valueBy combining subjective and the objective career success into entrepreneurial leadership research, the findings provide a new perspective for understanding what other experiences entrepreneurship can bring to leaders. Furthermore, the current study analyzes the informal institutional environment's promoting and impeding roles between cognitive style and entrepreneurial leadership.

Section: Discussionsupporting

confidence: 92%

Cognitive style, entrepreneurial leadership and career success: the moderating role of social norms

Wang

2023

LODJ

“…Short et al (2010) studied to distinguish the core features of opportunity discovery and creation theories to simply the knowledge constraints for effective business creation models, but they became unsuccessful, and the literature remained complex in this context. GDMSs became integral for individuals to start a business venture; indeed, our study also approved its significance related to business phenomena as many previous studies provided similar evidence (Krasniqi et al, 2019;Cristofaro et al, 2021;Sassetti et al, 2021). Our findings align with Henley et al (2017), who argued that entrepreneurial intention is more important than entrepreneurial, analytical understanding that individuals can adopt through social interaction.…”

Section: Discussionsupporting

confidence: 91%

“…The GDMSs authenticate the managerial tendency and individual intentions to start a business venture to develop innovation through the lens of opportunity creation theory ( Sassetti et al, 2021 ). The indirect interaction of social capital through entrepreneurial intentions significantly impacts GDMSs on opportunity creation and vice versa for opportunity discovery.…”

Section: Discussionmentioning

confidence: 97%

Hunting the Best Opportunity Through the Arrow of General Decision-Making Styles: Unfolding the Role of Social Capital and Entrepreneurial Intention

Jiang¹,

Gill

Javaid

et al. 2022

Front. Psychol.

This research aims to identify the investor’s decision-making styles and their impact on entrepreneurial opportunities through the mediation role of entrepreneurial intention and moderation effect of social capital in the healthcare sector of Pakistan. This study applied a structural equation modeling (SEM) to test the hypotheses on a sample of 400 healthcare investors. Our findings reveal that the conditional indirect relationship of entrepreneurial intention through social capital was significant on opportunity creation and an insignificant influence on opportunity discovery from decision-making styles. This study provides implications for policymakers to enhance entrepreneurial opportunity creation by providing robust social environment investors and encouraging them to create business ventures in the healthcare sector.

“…Thirteen articles used a multidimensional assessment; that is, these studies wanted to know the behavior of each dimension of EA, so they were separately evaluated (e.g., Edigbo, Ogbo, Onwe, Igwe & Okafor, 2021;Liang, 2019). Finally, four articles focused on only one dimension, specifically scanning and search, since they considered it to be the trigger for the process of identifying opportunities (e.g., Sassetti, Cavaliere & Lombardi, 2022).…”

Section: Measurement Of Entrepreneurial Alertnessmentioning

confidence: 99%

An overview of the empirical research on entrepreneurial alertness using a systematic literature review method

Montiel-Campos¹

2023

JEMI

PURPOSE: In the last two decades, the concept of entrepreneurial alertness (EA) has been considered a key element in investigating how individuals recognize entrepreneurial opportunities. Consequently, research on entrepreneurial alertness has grown considerably, attracting researchers’ attention from not only the field of entrepreneurship, but also other academic disciplines through which this concept has been studied from a variety of perspectives. Therefore, it is time to document researchers’ cumulative knowledge on entrepreneurial alertness. The present study aims to provide a comprehensive qualitative review and evaluation of the empirical entrepreneurial alertness research. METHODOLOGY: Based on a multi-step approach used in previous studies, which guarantees a systematic, transparent, and replicable literature review, this study identified a final sample of 84 articles published in scientific journals between 2005 and 2021 that empirically tested the concept of EA. The publications were sourced from the Web of Science database. Their analysis involved the evolution of published articles, the journals that have published the most articles, the countries where the research was undertaken, the measurement scales that have been used, and the research models in which entrepreneurial alertness has been hypothesized and examined through empirical research. FINDINGS: The results show that empirical research on entrepreneurial alertness grew significantly from 2016 to 2021, during which period almost 11 articles per year were published. Seven of the journals that published the articles contributed 28 percent of the total publications. Also, the results confirm that most of the empirical research on alertness has been carried out in developing economies, from which China stands out with 14 publications, representing 16 percent of the total. Additionally, the results confirm the growing consensus regarding the conceptualization and measurement of entrepreneurial alertness. Finally, the review resulted in the identification of five broad research models in which EA has been hypothesized and examined through empirical research: antecedents, consequences, mediation, moderation, and moderated mediation. The model examining the consequences or outcomes of entrepreneurial alertness has received the most attention, with 59 articles in this context. IMPLICATIONS FOR THEORY AND PRACTICE: The identification of concepts and the type of relationship they have with entrepreneurial alertness help evaluate the advances of empirical research as well as the areas of opportunity. In this way, future studies can strengthen research and thus advance the general knowledge of alertness. The most studied topics are also a reflection of the contribution of entrepreneurial alertness toward practice, both at the individual and organizational levels. In addition, researchers interested in entrepreneurial alertness are encouraged to consider the progress made in the measurement of this aspect, which offers alternatives for investigation. ORIGINALITY AND VALUE: Based on the review of the literature, this study organizes the empirical research of entrepreneurial alertness in different research models, which provide important insights into its process. Moreover, this study uncovers potential areas to be addressed and thereby contributes to the study of entrepreneurial alertness.