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Title: Skewed Opportunities: How the Distribution of Entrepreneurial Inputs and Outcomes Reconceptualizes a Research Domain
Over the last four decades, Academy of Management Review has devoted a great deal of attention to the scholarly debate about the theoretical nature of entrepreneurs, entrepreneurship, and entrepreneurial opportunities. Most recently, an entire Dialogue section of the journal was devoted to four articles that provided alternative ontological, epistemological, and philosophical views of “opportunity.” Inasmuch as the domain appreciates the effort to advance entrepreneurship theory, these arguments appear to constitute what past AMR editor-in-chief, Roy Suddaby, termed “fetishism,” where “theory becomes an exercise in writing and interpretation but is detached from the empirical world” (2014: 408). That reality was demonstrated in the Crawford, Aguinis, Lichtenstein, Davidsson, & McKelvey (2015) study, which discovered highly skewed power law distributions in all of the domain’s theoretically relevant input variables and all generalizable outcome measures. The significant number of outliers in these distributions provide necessary and sufficient cause for a paradigm shift in the domain. In response, this paper uses the empirical reality of power law distributed phenomena for 1) developing historical and empirical justification for the difficulties in building theory about opportunities and entrepreneurship, 2) identifying how the seemingly antithetical perspectives of discovery and creation theories can be synthesized, and 3) proposing a generalizable framework—of Endowments, Expectations, Engagement, and Environments—around which new entrepreneurship theory can be developed.  more » « less
Award ID(s):
1734567 1853586
NSF-PAR ID:
10058144
Author(s) / Creator(s):
Date Published:
Journal Name:
Proceedings - Academy of Management
ISSN:
0065-0668
Format(s):
Medium: X
Sponsoring Org:
National Science Foundation
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Combined with discussion about the identity circles, this approach allowed us to learn more about how other elements of identity may shape the participants’ educational experiences and outcomes and revealed possible differences in how participants may enact various points of their identity. Findings For this paper, we focus on the results for five HBCU students and 27 PWI students who completed the MIBI and identity circle. The overall MIBI average for HBCU students was 43 (out of a possible 56) and the overall MIBI scores ranged from 36-51; the overall MIBI average for the PWI students was 40; the overall MIBI scores for the PWI students ranged from 24-51. Twenty-one students placed race in the inner circle, indicating that race was central to their identity. Five placed race on the second, middle circle; three placed race on the third, outer circle. Three students did not place race on their identity circle. 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