In this paper, we explore how new capabilities emerge and solidify in new ventures that are faced with fundamental uncertainty from their environment. To do so, we draw from the organizational and entrepreneurial literature on cognition and capabilities. Using initial qualitative evidence from a...

While the term “business model” has gained widespread use in the practice community, the academic literature on this topic is fragmented and confounded by inconsistent definitions and construct boundaries. In this study, we review prior research and reframe the business model with an...

We conceptualize the nascent process of becoming an entrepreneur as a role identity transformation and investigate the factors that influence an individual's decision to assume an entrepreneurial identity. We collected more than 70 hours of interview data in addition to a survey of 796...

We examine how income seeking attitude, economic and occupational vulnerability jointly influence individual intentions to switch into entrepreneurship under desperate poverty. We posit that vulnerability negatively moderates the relationship between optimism and entrepreneurial intention. We...

With ongoing privatization efforts in emerging economies, governments have supported developmental financial institutions (DFI) to spur entrepreneurial activity in the absence of private venture capitalists. DFIs are quasi-governmental financial institutions with independent managerial control...