Academic Logic and Corporate Entrepreneurial Intentions: A Study of the Interaction between Cognitive and Institutional Factors in New Firms

International Small Business Journal, 34(5) 637–659, 2016

23 Pages Posted: 10 Feb 2015 Last revised: 28 Jul 2016

See all articles by Riccardo Fini

Riccardo Fini

University of Bologna - Department of Management; Imperial College London

Laura Toschi

University of Bologna - Department of Management

Date Written: February 10, 2015

Abstract

By focusing on the context in which new firms are established, this article studies the extent to which corporate entrepreneurial intentions are enacted differently by academic and nonacademic entrepreneurs. Using constructs from cognitive research and exploiting the theory of institutional logics, we observe that academic entrepreneurs, notwithstanding their engagement in entrepreneurship, still implement their corporate entrepreneurial intentions acting in accordance with the academic institutional environment they belong to. Using a matched-pairs research design, our results show that academic entrepreneurs (compared to non-academic ones) leverage their awareness of technical competencies significantly more, and their entrepreneurial self-efficacy and awareness of managerial skills considerably less. We discuss the theoretical and managerial implications related to how cognitive and institutional factors interact to foster entrepreneurial value in newly established firms.

Keywords: Academic Entrepreneurship, NTBF, Institutional Logics, Corporate Entrepreneurial Intentions, Matched-Pairs Research Design

Suggested Citation

Fini, Riccardo and Toschi, Laura, Academic Logic and Corporate Entrepreneurial Intentions: A Study of the Interaction between Cognitive and Institutional Factors in New Firms (February 10, 2015). International Small Business Journal, 34(5) 637–659, 2016. Available at SSRN: https://ssrn.com/abstract=2562797 or http://dx.doi.org/10.2139/ssrn.2562797

Riccardo Fini (Contact Author)

University of Bologna - Department of Management ( email )

Via Terracini 28
Bologna, 40131
Italy

HOME PAGE: http://www.unibo.it/faculty/riccardo.fini

Imperial College London ( email )

South Kensington Campus
London SW7 2AZ, DC
United Kingdom

HOME PAGE: http://www3.imperial.ac.uk/people/r.fini

Laura Toschi

University of Bologna - Department of Management ( email )

Via Capo di Lucca, 34
40126 Bologna
Italy
00390512090214 (Phone)

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