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Introduction
My research focuses on the role of the institutional environment on entrepreneurial activity, using the institutional approach as a theoretical framework and combining quantitative and qualitative methodologies. Specifically, the research streams are (a) institutions and entrepreneurship; (b) institutions and diversity in entrepreneurship; (c) institutions, entrepreneurship and socio-economic performance (further information available at WWW.DAVIDURBANO.EU)
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January 2008 - present
Publications
Publications (323)
Open Social Innovation (OSI) has garnered significant attention in recent years as a collaborative approach to addressing societal challenges. However, the field remains fragmented, with divergent definitions, methods, and theoretical underpinnings across disciplines. Through bibliometric and multi-level content analysis, we analyze 115 studies to...
Female entrepreneurs remain a minority, particularly in high-tech and high-impact ventures. Given their role in job creation and economic growth, understanding the institutional environment shaping their entrepreneurial journey is crucial. This paper addresses the research question: How do institutional dimensions (regulative, normative, and cultur...
This introduction chapter aims to discuss the circular entrepreneurship (CEship) ecosystems, theories, and approaches. This book includes eleven chapters that all be related to the most cutting-edge and circularity-enabled entrepreneurship ecosystems. An overview of each chapter is mentioned highlighting its goals and contributions to novel CEship...
This book focuses on Circular Entrepreneurship (CEship), which is described as the process of exploring
and exploiting opportunities in the circular economy domain. In business terms, as the circular economy is considered a strategy to achieve sustainable outcomes (Geissdoerfer et al., 2020), CEship is a form of sustainable entrepreneurship. It inc...
We systematically review social entrepreneurship literature to analyse how the notion of well-being is perceived. We found
that well-being in social entrepreneurship is accounted for in two forms: self-oriented and other-oriented. Our review indicates
that both hedonic and eudaimonic well-being have received significant research attention, although...
We systematically review social entrepreneurship literature to analyse how the notion of well-being is perceived. We found that well-being in social entrepreneurship is accounted for in two forms: self-oriented and other-oriented. Our review indicates that both hedonic and eudaimonic well-being have received significant research attention, although...
Purpose
Motivated by the constant daily emerging social challenges worldwide, this special issue analyzes how entrepreneurship becomes a mechanism for social change under different institutional settings. A brief reference to the content of each of the articles included in this special issue is presented.
Design/methodology/approach
Institutional...
This study investigates the adaptive strategies of platform-dependent entrepreneurs (PDEs) to mitigate venture survival risks associated with power asymmetries on transaction platforms. Using an embedded single case study design, we explore the decade-long survival of a PDE's firm in EdTech, focusing on its relationship with two dominant platforms,...
Little is known about the coexistence and possible substitutability of destructive and productive entrepreneurship in regions characterized by weak institutions. This study explores the role of institutions in the interplay between destructive entrepreneurial activity (i.e. new coca crops share) and productive entrepreneurship (i.e. new coffee crop...
Purpose
This study aims to evaluate the influence of institutions on the probability of becoming a social entrepreneur and the effect of this choice on individual economic well-being. The authors also analyze the effects of gender (male versus female entrepreneurism) and type (traditional versus social entrepreneurism).
Design/methodology/approach...
Despite extensive research on academic entrepreneurship and entrepreneurial universities, this special issue challenges conventional beliefs by examining intrapreneurship in academia. It aims to investigate how faculty and staff can adopt entrepreneurial behaviors and cultivate an entrepreneurial approach within their roles as researchers and educa...
Circular start-ups (CSUs) are gaining popularity to radically rethink the linear resource flows of global production systems and adopt ambitious approaches towards a circular economy from inception. For CSUs, the institutional environment is particularly relevant; this is because the complex nature of sustainability challenges requires a deep engag...
Purpose
To date, few studies have incorporated female entrepreneurship into the context of a country that relies heavily on natural resources and still has a wide gender gap due to historically established cultural norms. This study aims to investigate the impact of entrepreneurial ecosystem factors on women’s ability and desire to become entrepren...
Purpose
A debate on whether new ventures should be supported with public funding is taking place. Adopting a position on this discussion requires rigorous assessments of implemented programs. However, the few existing efforts have mostly focused on regional cases in developed countries. To fill this gap, this paper aims to measure the effects of a...
How do eco-innovators protect and profit from their innovations so they have the incentive to undertake an innovation in the first place? The double externality nature of environmental innovations intricates this appropriability problem, as competitors and society might also benefit from the value created by eco-innovation. Based on David Teece’s P...
Entrepreneurs should navigate through different stages from the conception of an idea until the business is operational. According to these stages, we expected that the context has a different impact on an individual’s decisions. This paper analyses the role of institutional dimensions (regulative, normative, and cultural-cognitive) in the entrepre...
Research Summary
We argue that the positive relationship between pro‐market institutions and entrepreneurial growth aspirations is dampened for individuals with general human capital (higher education), but augmented for those with specific human capital (experience in the marketplace). However, during a crisis, the differential effect of pro‐marke...
The majority of research on corporate entrepreneurship focuses on developed countries and overlooks that various cultural and economic contexts may lead to different intensities and behaviors in entrepreneurial activities. This omission could challenge extant theoretical models and assumptions. Accordingly, this article intends to analyze the liter...
The legitimation of social enterprises is contingent upon the institutional context and targeted stakeholders; however, this claim has not been explored systematically, considering existing legitimacy strategies. Understanding the reasons behind the pursuit of legitimacy and the strategies that can be employed in specific contexts is paramount for...
In this chapter, we analyze the main conclusions, implications, limitations, and future research lines of the book. The conclusions and implications make clear the role that entrepreneurship and institutions play for the adequate economic development of nations, in addition to revealing the complexity of development and proposing both new variables...
At the beginning of the twenty-first century, the literature established that economic growth remains like a mystery. In this chapter, we take a trip back in time and review chronologically the most influential theories of economic development. First, this chapter reviews the classical theories of economic development, focusing on endogenous and ex...
The economic development literature in recent years has focused on promoting research with an endogenous growth approach. Yet, economic development is still an unsolved puzzle. This research suggests a sociotechnical subsystems approach to explain that entrepreneurship and innovation can spur economic development through three key factors highlight...
The literature that relates tax burdens to economic growth has focused on explaining the effect of taxes on GDP. However, it has neglected two fundamental aspects. First, the role that the institutional framework plays in taxes and, second, the effect of these taxes on growth, such as income and the business sector. Thus, this research aims to esti...
This chapter introduces a dynamic model capable of considering the effects of time in the labor, goods and services, and investment markets, as an alternative to the general equilibrium model that is usually used in the literature. Through the formulation of this model, the fundamental role of firms is also discovered; through investment decisions...
Investment decision variables such as internal rate of return (IRR) and return on equity (ROE) are crucial for correct decision-making in firms. However, given the difficulty of creating an IRR or ROE variable at the country level, the literature studying the effect of these variables on macroeconomics such as economic growth is almost non-existent...
Size is a characteristic that suggests how much impact a company can have on the economy; however, this characteristic is little explored in the literature, especially in Latin American and Caribbean countries. For this reason, in this chapter we seek to carry out an approximation of the size of companies through their sales and to estimate the eff...
Many studies analyze the causal effects of certain economic, social, and institutional factors on variables such as poverty and income distribution. Still, there is much room for work on different methodologies for the analysis of the main factors of both poverty and income distribution. In this chapter, we use Principal Component Analysis (PCA) to...
The literature analyzing how firms expand across international markets is extensive; however, little is known about their relationship with institutional economics, specifically institutional barriers. This chapter seeks to unveil the relationship between firm exports and some institutional barriers (at the firm, city, and country level), showing t...
In this chapter, we analyze the content and evolution of the relationship between entrepreneurial activity and economic growth. A rigorous search of articles published in journals within the Web of Science, through an exploratory analysis focused on this relationship, was conducted. The most frequently cited articles that tested the causality of en...
This chapter introduces the book, its structure, and scope. It departs from the motivation around economic development as a mystery, which is somehow solved by entrepreneurship and innovation as key gears within the complex engine. The chapter suggests that the formation of entrepreneurial and innovative activities is dependent on the institutional...
Although the literature on entrepreneurial choice is extensive, little is known about its macroeconomic effects, especially in emerging countries. Thus, this chapter reveals the effect of characteristics at the individual, household, and city levels on the entrepreneurial decision (entrepreneur or self-employed), the effect of this decision on labo...
The theories of exogenous growth that prevailed in the first half of the twentieth century provided a fundamental understanding of countries’ growth process, establishing capital as the fundamental axis in this process. However, through literature analysis and empirical evidence, this chapter demonstrates that the fundamental factors in the growth...
Contextualisation research in entrepreneurship is on the rise. Scholars generally view it positively, as contextualisation allows for a better understanding of the bigger picture, whilst also concerns are voiced. However, contextualisation may lead to an overly fragmented field and its possible disintegration. This calls for ‘the emergence of sensi...
Literature shows that entrepreneurial employee activity is positively related to organisational growth and competitiveness. A significant number of studies have focused on the determinants of entrepreneurial employee activity. However, there are aspects of these determinants that remain unexplored; in particular, the role of factors at the environm...
Sustainable entrepreneurship creates social and environmental wealth and offers solutions to pressing sustainability issues. However, there remain major gaps in knowledge on how sustainable entrepreneurship actually unfolds. As a response, this study proposed a unique theoretical process model for sustainable entrepreneurship by conducting a multip...
An effective digital strategy provides multifaceted benefits for firms of all sizes, including operational oversight, learning, and effective market interactions. Yet, despite the burgeoning evidence that digitalization provides essential resources for firms, disparate observations on the link between SME performance and digitalization across regio...
Purpose
Going beyond the traditional approach of formal and informal institutions as antecedents of entrepreneurship (directly) and development (indirectly), this paper seeks to explore knowledge institutions as a necessary input for entrepreneurship and the development of societies.
Design/methodology/approach
Institutional economics lenses are u...
Weak institutions leading to a dysfunctional competitive environment affect firms' innovation. Drawing on the innovation modes approach and institutional theory, we suggest that STI (science and technology-based innovation) and DUI mode (learning by doing, using, and interacting) are moderated by perceived dysfunctional competition. Based on the Co...
This article examines the interaction effects of formal and informal institutions on intrapreneurship in developed and developing countries. We use a multilevel logistic regression technique and data from the Global Entrepreneurship Monitor (GEM) for the years 2014–2020 with information from 29 developed countries (237,053 observations) and 31 deve...
The objective of this chapter is to determine the probability of starting social or commercial entrepreneurship in developing countries using the institutional approach as the theoretical framework. The study tests the hypotheses through a binomial logistic regression based on a sample of 10,598 entrepreneurs obtained from the Global Entrepreneursh...
This study investigates the role of institutions on female entrepreneurial activity in Saudi Arabia, using institutional economics as the theoretical framework for developing the hypotheses. Primary data were collected and used to analyse the role that institutions play and continue to exercise in developing entrepreneurial activity among female ci...
Institutions have acted as rules of the game influencing entrepreneurship. However, little is known about their complementary function as knowledge generators. Drawing on institutional economics, this paper explores the role of regional governments and universities in creating public support and knowledge conducive to entrepreneurship in Spain. Unb...
El Proyecto Global Entrepreneurship Monitor, GEM CAPV 2021-2022, realiza
un diagnóstico de la actividad emprendedora en la Comunidad Autónoma del
País Vasco. Para ello, este informe analiza la actividad emprendedora en dicha
región comparándola con la de otros países y regiones estatales.
Purpose
Motivated by a lack of evidence regarding the effect of migration on entrepreneurship in a highly informal country, such as Colombia, this paper has a twofold purpose. First, it explores how Venezuelan immigration affects entrepreneurial activity in Colombian regions. Second, it intends to shed light on this relationship, by distinguishing...
Purpose
To date, insufficient research has been conducted on gender differences in entrepreneurial activity among entrepreneurs in developing countries. This study aims to analyse the influences of formal and informal institutional factors on entrepreneurial activity among men and women in the context of Saudi Arabia.
Design/methodology/approach
T...
Entrepreneurship has been linked to economic development at the regional and national levels, yet the microeconomic nuances of entrepreneurial diversity and the challenges that different entrepreneurs face in producing social benefits remain unexplored. Numerous studies have recognised that a gender gap exists not only in entrepreneurship but also...
Plain English Summary
This review analyzes the articles published in the corporate entrepreneurship field and presents the future research agenda. Research agrees that corporate entrepreneurship has a positive impact on firms’ profits and growth. This has generated an increase in the number of research articles published in this area. However, prev...
This study reviews systematically the existing literature on female entrepreneurial activity in emerging economies. The paper reviews articles included in the Social Science Citation Index (SSCI). Based on the main findings, the literature considers three levels of analysis: micro-individual, meso-organizational, and macro-environmental. The result...
This chapter provides a better understanding of the theoretical, managerial, and policy implications of entrepreneurial innovation policies. By examining the accumulation of literature published from 1970 to 2019, this chapter clarifies the definition of entrepreneurial innovations and the policy frameworks’ role in fostering this phenomenon worldw...
Evidence suggests that economies with technology transfer initiatives provide a better supply of high-quality jobs and tend to be characterized by entrepreneurs with higher innovation contributions. This book explores the effectiveness of technology transfer policies and legislation on entrepreneurial innovation across continents. It analyses the t...
Organizations are facing an interesting phenomenon in the composition of their workforce: the concurrence of multiple age generations that demand suitable strategies regarding work design, job satisfaction, and incentives. Ongoing entrepreneurship and strategic management debates require a better understanding of the relationship between workplace...
This study explores the influence of green entrepreneurial activity on sustainable development, using institutional economics as a theoretical framework. Also, the role of entrepreneurship policy is analysed in the context of Saudi Arabia. Using information from the General Authority for Statistics from 13 Saudi Arabian cities, the main findings sh...
This paper explores the extent to which informal institutions influence leadership behavior in Mexico, distinguishing between urban and rural areas. Using the institutional approach and through logistic regression models with data obtained from the National Institute of Statistics and Geography (INEGI), the main results of the study show that trans...
Purpose-Little is known about how subsidies enhance both collaborative and opportunistic behaviours within subsidized industry-university partnerships, and how partners' behaviours influence the intellectual capital dynamics within subsidized industry-university. Based on these theoretical foundations, this study expects to understand intellectual...
In this exploratory study, we analyzed the influence of governmental supportive policies on green entrepreneurial activity in Saudi Arabia, using institutional economics as a theoretical framework. Based on data from reports of the General Authority for Meteorology and Environmental Protection and the General Authority for Statistics, both fixed an...
The research on institutions’ role in entrepreneurship acknowledges that formal and informal institutions matter. However, previous research has stressed less the co-existence and interaction between individual- and country-level factors that shape entrepreneurial potential, population of skillful individuals with no entrepreneurial intentions, acr...
The World Wide Web has transformed primary university IT functions, but the digital economy is redefining the rules of the game in higher education. The aging phenomenon claims long-life training for developing digital competencies required in current workplaces. Nowadays, COVID-19 pandemic also represented an unprecedented challenge for education...
During the past two centuries, universities have evolved from being “accumulators” of knowledge, largely separated from society, to “knowledge hubs,” which are deeply embedded in systems of innovation and take on the role of instigating economic and social development. Despite economic, social, and institutional disparities, university authorities,...
Massive open online courses (MOOCs) have received a lot of attention over the last few years. Although the technological/pedagogical aspects of MOOCs have been well articulated in the literature, empirical evidence substantiating MOOCs' role in university outcomes is scarce. This study aims to fill this gap by exploring the relationships among (a)...
Drawing on institutional economics, this article investigates how different contexts condition the prevalence of export-oriented entrepreneurship, which affects economic growth. We place emphasis on the differences between developed and developing countries through interaction effects that allow us to test for differential validity. Using simultane...
Although there is abundant literature on entrepreneurial intentions and entrepreneurial behavior, there is still a lacuna on those factors enabling the pass from intention to action. Motivated by this gap, this study assesses the extent to which the determinants of entrepreneurial intention also have an effect on subsequent entrepreneurial behavior...
Despite the fact that the determinants and the consequences of R&D activities have been extensively studied in previous research, further efforts to integrate disparate streams of literature might bring new insights into innovation decision-making by firms. In particular, this article studies the simultaneous effects that a set of factors (at both...
The discussion on which institutions determine entrepreneurial activity – and the role of institutions in the aggregated output for developing countries – is as yet unresolved. The extant literature about entrepreneurship recognizes new ventures as potential mechanisms for long-term development. Yet, there is a consensus on the lack of evidence, pa...
Ibero-American researchers show an increasing number of studies on entrepreneurship and innovation research. This article analyzes the journals and universities that published research on the discipline developed by Ibero-American authors between 1986 and 2015. The work uses the Web of Science database and provides several bibliometric indicators....
Latin-American countries are characterised by societal problems like violence, crime, corruption, the informality that influence any entrepreneurial activity developed by individuals/organisations. Social innovations literature confront “wicked problems” with strong interdependencies among different systems/actors. Yet, little is known about how fi...
In recent decades, there has been growing interest in intrapreneurial capabilities. The intrapreneurship and strategic management literatures have insights for entrepreneurs about how to apply entrepreneurial and strategic techniques and concepts in creating competitive advantage. More specifically, the dynamic capabilities framework has emerged as...
Purpose
The objective of this article is to examine the extent to which the antecedents of entrepreneurial employee activity differ by gender across countries.
Design/methodology/approach
Generalised linear multilevel logistic regression is applied to data from the Global Entrepreneurship Monitor (GEM) with a sample of 60 countries for the period...
This article draws upon institutional theory to investigate whether and to what extent informal institutions (masculinity, power distance, individualism, and indulgence) affect the relationship between formal institutions (the public expenditure on childcare and the length of parental leave) and the likelihood that women will become entrepreneurs....
Ongoing research agendas regarding the intersection between entrepreneurship and innovation in academia still demand analysis about the antecedents/consequences of enterprise-university collaborations. On the one hand, little is known about how enterprise-university collaborations manage their resources/capabilities to develop entrepreneurial innov...
Recent decades have brought cultural changes toward the increase of environmentally-friendly initiatives such as green entrepreneurship. Some countries are failing to develop environmental initiatives, whereas others are transitioning and advancing toward this new trend. In particular, Saudi Arabia has initiated efforts toward becoming an ecologica...
Purpose
This paper provides insights about how graduates' career patterns (i.e. academic entrepreneur, self-employed, or paid employed) are influenced by entrepreneurial university ecosystems (i.e. incubators and entrepreneurship education programs).
Design/methodology/approach
By adopting Douglas and Shepherd's utility-maximising function, the in...
Accepted Manuscript at: https://sebastian-aparicio.com/research.html
Building upon institutional economics, we examine how social progress orientation (SPO) affects inclusive growth through innovative and opportunity entrepreneurship. Hypotheses about civic activism, voluntary spirit, and the inclusion of minorities as proxies of SPO that affect e...
This chapter examines the influence of informal institutions on the probability of becoming an entrepreneurial leader. In this regard, institutional economics is used to frame the hypotheses that relate to environmental factors and entrepreneurial leadership. These hypotheses are tested through logistic regression analysis, using a sample of 67,268...