Introduction
Professor Robert D. Hisrich, Ph.D., the co-editor of this Research Topic, passed away in February 2023, so we decided to dedicate this editorial to him and his work and describe articles in this Research Topic (a Research Topic on Psychological determinants of entrepreneurial intentions and behaviors) considering extensions of his research.
Robert D. Hisrich
Robert D. Hisrich, born in 1944, was a wonderful person, the best mentor, the best professor, and one of the greatest scholars of all time in the field of entrepreneurship. We are very grateful to him for helping, teaching, and inspiring us and numerous academics and practitioners globally. He will live in our hearts and memories forever. His works will be read and cited also by future generations.
Professor Hisrich was the Bridgestone Chair of International Marketing & Director of The Global Management Center and International Programs at Kent State University, Kent, Ohio. He also held visiting or honorary professor positions at universities in six different countries outside the United States (e.g., the longest cooperation with the School of Economics and Business at the University of Ljubljana, Slovenia, since 1995). His past positions included, e.g., Garvin Professor of Global Entrepreneurship and Director, Walker Center for Global Entrepreneurship, Thunderbird School of Global Management, Phoenix, Arizona; Malachi Mixon III Chair in Entrepreneurial Studies and Professor and Chair of Strategy Division and Entrepreneurship Division, Weatherhead School of Management, Case Western Reserve University, Cleveland, Ohio; Chair of the Entrepreneurship Division of the Academy of Management; Bovaird Chair of Entrepreneurial Studies and Private Enterprise and Professor of Marketing, College of Business Administration, University of Tulsa, Tulsa, Oklahoma; Associate Professor of Marketing, Graduate School of Management, Boston College, Chestnut Hill, Massachusetts; Adjunct Professor of Marketing and Technology, Innovation Center, Massachusetts Institute of Technology, Cambridge, Massachusetts; Faculty Associate Small Business Development Center; Director, Small Business Institute; Director, H&B Associates, a marketing and management-consulting firm. He authored or co-authored 37 books and more than 300 articles on entrepreneurship, international business, venture capital, management, and marketing.
His two most influential books were Entrepreneurship (Hisrich et al., 2020), 11 published editions and the 12th in preparation, and The Woman Entrepreneur (Hisrich and Brush, 1985). The Entrepreneurship books broadened the horizons of entrepreneurship, starting businesses, and managing small and medium-sized enterprises (SMEs) and large corporations of numerous entrepreneurs, businesspeople, students, government officials, and others. It has been read globally in English and other languages. The Woman Entrepreneur book highlights the importance of women in entrepreneurship and their characteristics. The famous definition of entrepreneurship states (Hisrich et al., 2005, p. 8; Hisrich et al., 2007, p. 576) the following: “Entrepreneurship is the process of creating something new with value by devoting the necessary time and effort, assuming the accompanying financial, psychic, and social risks, and receiving the resulting rewards”.
His most influential articles—the top 30 publications with 10 or more citations in the Web of Science—are displayed in Table 1. His articles were the most influential in 10 areas (Table 2), among which the top 3 were business, management, and economics, followed by psychology (applied and multidisciplinary). Specifically, the topics covered by his works were intrapreneurship, venture capital, female entrepreneurship, psychological aspects of entrepreneurship, SME internationalization, ethics of entrepreneurs, entrepreneurship in transition economies, new venture creation, and marketing.
Table 1
| Rank | Title | References | Journal | Citations |
|---|---|---|---|---|
| 1 | Intrapreneurship: Construct refinement and cross-cultural validation | Antoncic and Hisrich, 2001 | Journal of Business Venturing | 581 |
| 2 | Toward a model of venture capital-investment decision-making | Fried and Hisrich, 1994 | Financial Management | 324 |
| 3 | Israeli women entrepreneurs: An examination of factors affecting performance | Lerner et al., 1997 | Journal of Business Venturing | 211 |
| 4 | Entrepreneurship Intrapreneurship | Hisrich, 1990 | American Psychologist | 200 |
| 5 | Entrepreneurship research and practice - A call to action for psychology | Hisrich et al., 2007 | American Psychologist | 174 |
| 6 | Human capital and SME internationalization: A structural equation modeling study | Ruzzier et al., 2007b | Canadian Journal of Administrative Sciences -Revue Canadienne des sciences de l administration | 154 |
| 7 | The female entrepreneur - A career development perspective | Bowen and Hisrich, 1986 | Academy of Management Review | 153 |
| 8 | The venture capitalist - A relationship investor | Fried and Hisrich, 1995 | California Management Review | 131 |
| 9 | Strategy and the board of directors in venture capital-backed firms | Fried et al., 1998 | Journal of Business Venturing | 129 |
| 10 | How venture capital firms differ | Elango et al., 1995 | Journal of Business Venturing | 119 |
| 11 | Intuition in venture capital decisions – An exploratory-study using a new technique | Hisrich and Jankowicz, 1990 | Journal of Business Venturing | 104 |
| 12 | Entrepreneurs' creativity and firm innovation: The moderating role of entrepreneurial self-efficacy | Ahlin et al., 2014a | Small Business Economics | 93 |
| 13 | Ethics and entrepreneurs - An international comparative study | Bucar et al., 2003 | Journal of Business Venturing | 85 |
| 14 | Product innovation and firm performance in transition economies: A multi-stage estimation approach | Ramadani et al., 2019a | Technological Forecasting and Social Change | 66 |
| 15 | Entrepreneurship in the Soviet-union and post-socialist Russia | Ageev et al., 1995 | Small Business Economics | 48 |
| 16 | Perceived risk in store selection | Hisrich et al., 1972 | Journal of Marketing Research | 42 |
| 17 | Intrapreneurship strategy for internal markets–Corporate, non-profit and government institution cases | Nielsen et al., 1985 | Strategic Management Journal | 41 |
| 18 | Tthe Russian entrepreneur | Hisrich and Grachev, 1993 | Journal of Business Venturing | 40 |
| 19 | Beekeeping as a family artisan entrepreneurship business | Ramadani et al., 2019b | International Journal of Entrepreneurial Behavior and Research | 30 |
| 20 | Risk-taking propensity and entrepreneurship: The role of power distance | Auer Antoncic et al., 2018 | Journal of Enterprising Culture | 25 |
| 21 | The internationalization of SMEs: Developing and testing a multi-dimensional measure on Slovenian firms | Ruzzier et al., 2007a | Entrepreneurship and Regional Development | 25 |
| 22 | Technological innovativeness and firm performance in Slovenia and Romania | Antoncic et al., 2007 | Post-Communist Economies | 24 |
| 23 | Selecting superior segmentation correlate | Hisrich and Peters, 1974 | Journal of Marketing | 24 |
| 24 | Entrepreneurial stressors as predictors of entrepreneurial burnout | Wei et al., 2015 | Psychological Reports | 19 |
| 25 | Exploring the moderating effects of absorptive capacity on the relationship between social networks and innovation | Ahlin et al., 2014b | Journal of East-European Management Studies | 18 |
| 26 | Manufacturing entrepreneurs – An empirical-study of the correlates of employment growth in the Tulsa MSA and rural East Texas | Box et al., 1994 | Journal of Business Venturing | 17 |
| 27 | Entrepreneurial openness: Concept development and measure validation | Slavec et al., 2017 | European Management Journal | 13 |
| 28 | The mediating role of corporate entrepreneurship for externam environment effects on performance | Kearney et al., 2013 | Journal of Business Economics and Management | 13 |
| 29 | New business formation through the enterprise development center - A model for new venture creation | Hisrich, 1988 | IEEE Transactions on Engineering Management | 11 |
| 30 | Executive advertisers views on comparison advertising | Hisrich, 1983 | Sloan Management Review | 10 |
Top 30 publications in the Web of Science (sorted by the number of citations).
Source: Web of Science (2023).
Table 2
| Rank | Category | Citations (impacted publications) | % of 2,130 citations |
|---|---|---|---|
| 1 | Business | 1,096 | 51.5% |
| 2 | Management | 894 | 42.0% |
| 3 | Economics | 268 | 12.6% |
| 4 | Psychology applied | 91 | 4.3% |
| 5 | Business finance | 84 | 3.9% |
| 6 | Educational research | 59 | 2.8% |
| 7 | Environmental studies | 59 | 2.8% |
| 8 | Green sustainable science technology | 57 | 2.7% |
| 9 | Environmental sciences | 56 | 2.6% |
| 10 | Psychology multidisciplinary | 54 | 2.5% |
Impact–top 10 categories.
Source: Web of Science (2023).
Psychological determinants of entrepreneurial intentions and behaviors
Current researchers in the field of entrepreneurship are standing on the shoulders of giants—the past researchers (Robert D. Hisrich and others), who made prior developments to theories and concepts. For example, Hisrich (1990) presented the features of entrepreneurship and intrapreneurship from a psychological perspective. This Research Topic covers topics in entrepreneurial psychology with a range of original research articles from different research areas and perspectives that examine personality determinants of entrepreneurship and used data from various countries (Australia, China, Malaysia, Saudi Arabia, Slovenia, Spain, South Africa, and the United States of America). Hisrich et al. (2007, p. 575) motivated researchers within entrepreneurial psychology “to develop theory and undertake empirical research focusing on five key topic areas: the personality characteristics of entrepreneurs, the psychopathology of entrepreneurs, entrepreneurial cognition, entrepreneurship education, and international entrepreneurship”. This Research Topic focused mostly on the personality characteristics of entrepreneurs.
Antoncic (2020) proposed directions for future research: “Personality correlates of entrepreneurs need to be researched in cross-cultural comparative studies and in studies that include sociological elements, which may be related to the formation of the personality or behavior of individuals with entrepreneurial intentions and entrepreneurs and intrapreneurs. The personality differences between entrepreneurs and intrapreneurs also need to be investigated in greater detail in future research. Theoretical models need to be, on one hand, more comprehensive (with many different correlates) and, on the other hand, more detailed (with many sub-dimensions and facets in quantitative research, as well as with more in-depth explanations of phenomena in qualitative research).” This Research Topic incorporated these directions well since it includes the following: a cross-cultural study (Soltwisch et al.); studies with sociological elements (Antončič and Auer Antončič; Bai et al.; Guo et al.; Qiu et al.); studies including intrapreneurship elements (Thomran et al.; Soltwisch et al.); studies with more comprehensive theoretical models (Antončič and Auer Antončič; Bergner et al.; Guo et al.; Heinemann at al.; Soltwisch et al.; Volery and Mattes); a case study (Bai et al.); and studies examining social (Bergner et al.; Soltwisch et al.) and serial (Bai et al.) entrepreneurial intentions.
The key personality correlates of entrepreneurship were summarized in past research (e.g., Antoncic, 2020): the Big Five personality factors, entrepreneurial self-efficacy, need for independence, risk-taking propensity, internal locus of control, and need for achievement. Most of these elements are included in this Research Topic, with the addition of other personality and non-personality correlates of entrepreneurship: (1) Volery and Mattes: the Big Five personality, education, necessity entrepreneurs, and self-employment survival/exit; (2) Antončič and Auer Antončič: all psychology correlates from Antoncic (2020), sociological elements (family business background, local business support background), and start-up intentions and actions; (3) Heinemann et al.: epistemic curiosity, openness to experience, entrepreneurial alertness, and entrepreneurship (intention and orientation); (4) Hamzah and Othman: internal locus of control, external locus of control, and entrepreneurial competency; (5) Qiu et al.: faultline configurations and the entrepreneurial team performance; (6) Thomran et al.: autonomy, risk-taking, proactiveness, innovativeness, competitive aggression, cost advantage, and differentiation advantage; (7) Guo et al.: improvisation, entrepreneurial self-efficacy, policy support for entrepreneurship, and entrepreneurial intention; (8) López-Núñez et al.: self-efficacy, emotional intelligence, the Big Five personality, and entrepreneurial intention; (9) Soltwisch et al.: decision styles, cultural orientation, entrepreneurial intention, and social entrepreneurial intention; (10) Bergner et al.: personality, cognition, entrepreneurial exposition, and social entrepreneurial intention; (11) Bai et al.: entrepreneurial expectations, identification and evaluation of opportunities, entrepreneurial failure learning, entrepreneurial cognitive schema, behavioral addiction tendency, emotional perception and motivation, entrepreneurial experience, environmental conditions, financial conditions, demographic factors, and serial entrepreneurial intention.
Conclusion
Articles in this Research Topic—the Research Topic on Psychological determinants of entrepreneurial intentions and behaviors—have expanded the prior knowledge base about several psychological determinants of entrepreneurship and provided recommendations for research and practice.
Statements
Author contributions
BA and JA contributed to the conception and design of the article, wrote the first draft of the manuscript, and wrote all sections. Both authors contributed to the manuscript's revision and read and approved the submitted version.
Acknowledgments
We are very grateful to our friend, mentor, and academic colleague Professor Robert D. Hisrich, Ph.D. (1944–2023).
Conflict of interest
The authors declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest.
Publisher’s note
All claims expressed in this article are solely those of the authors and do not necessarily represent those of their affiliated organizations, or those of the publisher, the editors and the reviewers. Any product that may be evaluated in this article, or claim that may be made by its manufacturer, is not guaranteed or endorsed by the publisher.
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Summary
Keywords
psychology, personality, entrepreneurship, entrepreneurial intentions, behaviors
Citation
Antončič B and Auer Antončič J (2023) Editorial: Psychological determinants of entrepreneurial intentions and behaviors; contributions of Robert D. Hisrich to the field of entrepreneurship. Front. Psychol. 14:1196889. doi: 10.3389/fpsyg.2023.1196889
Received
30 March 2023
Accepted
24 April 2023
Published
11 May 2023
Volume
14 - 2023
Edited and reviewed by
Hongyi Sun, City University of Hong Kong, Hong Kong SAR, China
Updates
Copyright
© 2023 Antončič and Auer Antončič.
This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
*Correspondence: Boštjan Antončič bostjan.antoncic@ef.uni-lj.si
Disclaimer
All claims expressed in this article are solely those of the authors and do not necessarily represent those of their affiliated organizations, or those of the publisher, the editors and the reviewers. Any product that may be evaluated in this article or claim that may be made by its manufacturer is not guaranteed or endorsed by the publisher.