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Toward a sustainable conceptualization of dependent variables in entrepreneurship research

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  • Boyd Cohen
  • Brock Smith
  • Ron Mitchell

Abstract

Entrepreneurship researchers have yet to explore the full range variance that occurs in entrepreneurial value creation because we have focused almost exclusively on financial performance as the dependent variable in our research. However, such arbitrary narrowness is not supported by research, which shows entrepreneurs to not focus exclusively on income maximization. Consistent with calls for an expanded view of the consequences of entrepreneurship, we develop a typology of entrepreneurship dependent variables that supports broadening the scope of entrepreneurship research to include economic, environmental and social value. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment.

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  • Boyd Cohen & Brock Smith & Ron Mitchell, 2008. "Toward a sustainable conceptualization of dependent variables in entrepreneurship research," Business Strategy and the Environment, Wiley Blackwell, vol. 17(2), pages 107-119, February.
    • Handle: RePEc:bla:bstrat:v:17:y:2008:i:2:p:107-119
    DOI: 10.1002/bse.505
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    21. Hall, Jeremy K. & Daneke, Gregory A. & Lenox, Michael J., 2010. "Sustainable development and entrepreneurship: Past contributions and future directions," Journal of Business Venturing, Elsevier, vol. 25(5), pages 439-448, September.
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