Abstract: Research in entrepreneurship and related fields largely assumes that women are less likely to fund or found transnational businesses, particularly women from developing countries, where educational and related discrimination is more pronounced. We challenge that view, develop a theoretical framework to buttress that view, and then test a hypothesis derived from that framework through analyses of migrant remittances to and venture investment activity in 48 developing countries observed from 2000-2010. We find that the remittances from diasporas with a larger percentage of women increase venture funding availability in recipient developing countries. These gender differences suggest that women are increasingly willing and able to invest transnationally not only to insure household income streams but also to create self-employment opportunities and micro-businesses.

Abstract: Managers in declining firms must make choices regarding how to use their slack resources: do they attempt to turn around the firm through strategic investments or do they give up control to the largest shareholders. Controlling stakeholders may expropriate slack resources via tunneling, which is an agency problem between a controlling shareholder and minority shareholders involving the extraction of private benefits by benefitting majority shareholders at the expense of minority shareholders. We investigate the temporal impact and tunneling motivation of declining firms’ largest shareholders on innovation trends by analyzing declining IPO firms listed in China’s Growth Enterprises Market (CGEM). Our research offers new insights into how slack resources and agency problems generated by key actors influence declining firms’ turnaround strategies.

Abstract: Although a line of research studied the driving force of firms’ allopatric entrepreneurship from perspective of Institutional-based View, the mechanism of firm allopatric entrepreneurship is still ambiguous without considering the decision-makers, strategic leadership especially CEO. In order to break through such limitation, we introduced a key variable in Upper Echelons Theory, managerial discretion. Using Investment Climate Survey data which collected by World Bank in transitional China, we successfully verified the framework of “institutional environments – managerial discretion – firm allopatric entrepreneurship”, which linked macro and micro domains and insightful for exploring the causes and mechanism of other strategies.

Abstract: For decades, poverty alleviation has topped the international development agenda. Basin on real options theory, this paper aims to analyze how government assistance, both for new venture creation and for basic needs, education and poverty levels influence the likelihood of new venture creation at BOP. Data were obtained from the 2010 Social Protection Evaluation Survey in Dominican Republic. We provide a model and analyze data from 3800 individuals and 2297 households. Initial analyses indicate that social assistance and education do affect the likelihood of new venture creation as well as poverty level. The proposed methodology consists of a logistic regression analysis. Education and poverty level are taken as moderating variables between government assistance, both for new venture creation and for basic needs and NVC.

Abstract: Self-identity dimensions which are observed as important characteristics of the internal actors play a vital role in decision making. As the internal environment provides the context for decision making, the impact of team behavior and social-identity is also very relevant to this phenomenon. Though psychology and sociology literature explains the concept of social-identity and self-identity in their specific domains, firm behavior literature is under developed in measuring those constructs related to internal environment. This paper concludes with the factor structure of uncertainty in ‘Social-Self-Identity’ having dimensions of sustained key decision making with self-adaptability of personal values in dynamically changing environment. . Extractions of factors were compared and confirmed using an alternative factor retention criteria ‘Parallel Analysis’ with 373 responses.

Abstract: Migrant remittances to developing world now exceed $400 billion annually. It is estimated that 5% or more of these remittances are used to invest in new businesses and SME’s, making this the largest source of venture investment in the developing world, and one which we know little about. This paper attempts to fill that gap by examining how migrant investor characteristics and risk preferences impact investment decisions in migrants’ home country. We find that short-term migrant investment has a positive impact on business formation and long-term migrant investment has a positive impact of the availability of venture capital, suggesting that remittances are heterogeneous sources of venture capital.