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Shaping and furthering core conversations in entrepreneurship research: Dean A. Shepherd recipient of the 2025 Global Award for Entrepreneurship Research

Author

Listed:
  • Ethel Brundin

    (Jönköping University)

  • Magnus Henrekson

    (Research Institute of Industrial Economics)

  • Alexander Ljungqvist

    (Stockholm School of Economics)

  • Lucia Naldi

    (Jönköping University)

  • Mikael Stenkula

    (Research Institute of Industrial Economics)

  • Caroline Wigren-Kristoferson

    (Malmö University)

  • Joakim Wincent

    (Hanken School of Economics)

  • Ivo Zander

    (Uppsala University)

Abstract

For almost three decades, Professor Dean A. Shepherd has had a profound impact on scholarly developments within the international community of entrepreneurship researchers. His extraordinarily broad and methodologically diverse research has significantly shaped and advanced our understanding of key aspects of the entrepreneurial process, including venture capitalists’ decision-making, the pursuit of business opportunities through entrepreneurial action, and the determinants of small business performance. By engaging with topics such as entrepreneurial failure, emotions, and entrepreneurship in the face of adversity and challenging environmental conditions, he has pioneered the exploration of important but traditionally neglected questions in entrepreneurship research. As a mentor, he has inspired and supported new generations of young researchers in their quest for high-quality research. In this article, we review the major tenets of Professor Shepherd’s work and highlight his main contributions to entrepreneurship research.

Suggested Citation

  • Ethel Brundin & Magnus Henrekson & Alexander Ljungqvist & Lucia Naldi & Mikael Stenkula & Caroline Wigren-Kristoferson & Joakim Wincent & Ivo Zander, 2025. "Shaping and furthering core conversations in entrepreneurship research: Dean A. Shepherd recipient of the 2025 Global Award for Entrepreneurship Research," Small Business Economics, Springer, vol. 65(2), pages 749-756, August.
    • Handle: RePEc:kap:sbusec:v:65:y:2025:i:2:d:10.1007_s11187-025-01084-5
    DOI: 10.1007/s11187-025-01084-5
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    References listed on IDEAS

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    1. Brundin, Ethel & Patzelt, Holger & Shepherd, Dean A., 2008. "Managers' emotional displays and employees' willingness to act entrepreneurially," Journal of Business Venturing, Elsevier, vol. 23(2), pages 221-243, March.
    2. Gregory G. Dess & G. T. Lumpkin & J. G. Covin, 1997. "Entrepreneurial strategy making and firm performance: tests of contingency and configurational models," Strategic Management Journal, Wiley Blackwell, vol. 18(9), pages 677-695, October.
    3. Dean A. Shepherd & Andrew Zacharakis, 2001. "The venture capitalist-entrepreneur relationship: Control, trust and confidence in co-operative behaviour," Venture Capital, Taylor & Francis Journals, vol. 3(2), pages 129-149, April.
    4. Zacharakis, Andrew L. & Shepherd, Dean A., 2001. "The nature of information and overconfidence on venture capitalists' decision making," Journal of Business Venturing, Elsevier, vol. 16(4), pages 311-332, July.
    5. Pontus Braunerhjelm & Magnus Henrekson, 2009. "Awarding Entrepreneurship Research: A Presentation of the Global Award," Entrepreneurship Theory and Practice, , vol. 33(3), pages 809-814, May.
    6. Williams, Trenton A. & Shepherd, Dean A., 2016. "Victim entrepreneurs doing well by doing good: Venture creation and well-being in the aftermath of a resource shock," Journal of Business Venturing, Elsevier, vol. 31(4), pages 365-387.
    7. Bo Carlsson & Pontus Braunerhjelm & Maureen McKelvey & Christer Olofsson & Lars Persson & Håkan Ylinenpää, 2013. "The evolving domain of entrepreneurship research," Small Business Economics, Springer, vol. 41(4), pages 913-930, December.
    8. Dean Shepherd & J. Michael Haynie, 2009. "Family Business, Identity Conflict, and an Expedited Entrepreneurial Process: A Process of Resolving Identity Conflict," Entrepreneurship Theory and Practice, , vol. 33(6), pages 1245-1264, November.
    9. Shepherd, Dean A. & Ettenson, Richard & Crouch, Andrew, 2000. "New venture strategy and profitability: A venture capitalist's assessment," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 449-467.
    10. Magnus Henrekson & Anders Lundström, 2009. "The Global Award for Entrepreneurship Research," Small Business Economics, Springer, vol. 32(1), pages 1-14, January.
    11. Shepherd, Dean A. & Zacharakis, Andrew, 2002. "Venture capitalists' expertise: A call for research into decision aids and cognitive feedback," Journal of Business Venturing, Elsevier, vol. 17(1), pages 1-20, January.
    12. Brandon A. Mueller & Dean A. Shepherd, 2016. "Making the Most of Failure Experiences: Exploring the Relationship between Business Failure and the Identification of Business Opportunities," Entrepreneurship Theory and Practice, , vol. 40(3), pages 457-487, May.
    13. Shepherd, Dean A. & Saade, Fouad Philippe & Wincent, Joakim, 2020. "How to circumvent adversity? Refugee-entrepreneurs' resilience in the face of substantial and persistent adversity," Journal of Business Venturing, Elsevier, vol. 35(4).
    14. Levesque, Moren & Shepherd, Dean A., 2002. "A new venture's optimal entry time," European Journal of Operational Research, Elsevier, vol. 139(3), pages 626-642, June.
    15. Wiklund, Johan & Shepherd, Dean, 2005. "Entrepreneurial orientation and small business performance: a configurational approach," Journal of Business Venturing, Elsevier, vol. 20(1), pages 71-91, January.
    16. Dean A. Shepherd, 2020. "COVID 19 and Entrepreneurship: Time to Pivot?," Journal of Management Studies, Wiley Blackwell, vol. 57(8), pages 1750-1753, December.
    17. Dean A. Shepherd & Trenton A. Williams, 2014. "Local Venturing as Compassion Organizing in the Aftermath of a Natural Disaster: The Role of Localness and Community in Reducing Suffering," Journal of Management Studies, Wiley Blackwell, vol. 51(6), pages 952-994, September.
    18. Dean Shepherd & Johan Wiklund, 2009. "Are we Comparing Apples with Apples or Apples with Oranges? Appropriateness of Knowledge Accumulation across Growth Studies," Entrepreneurship Theory and Practice, , vol. 33(1), pages 105-123, January.
    19. Shahriar, Abu Zafar M. & Shepherd, Dean A., 2019. "Violence against women and new venture initiation with microcredit: Self-efficacy, fear of failure, and disaster experiences," Journal of Business Venturing, Elsevier, vol. 34(6).
    20. Dean A. Shepherd & Vinit Parida & Joakim Wincent, 2020. "The Surprising Duality of Jugaad: Low Firm Growth and High Inclusive Growth," Journal of Management Studies, Wiley Blackwell, vol. 57(1), pages 87-128, January.
    21. Mathew L. A. Hayward & Dean A. Shepherd & Dale Griffin, 2006. "A Hubris Theory of Entrepreneurship," Management Science, INFORMS, vol. 52(2), pages 160-172, February.
    22. Trenton A. Williams & Dean A. Shepherd, 2018. "To the Rescue!? Brokering a Rapid, Scaled and Customized Compassionate Response to Suffering after Disaster," Journal of Management Studies, Wiley Blackwell, vol. 55(6), pages 910-942, September.
    23. Orla Byrne & Dean A. Shepherd, 2015. "Different Strokes for Different Folks: Entrepreneurial Narratives of Emotion, Cognition, and Making Sense of Business Failure," Entrepreneurship Theory and Practice, , vol. 39(2), pages 375-405, March.
    24. Douglas, Evan J. & Shepherd, Dean A. & Prentice, Catherine, 2020. "Using fuzzy-set qualitative comparative analysis for a finer-grained understanding of entrepreneurship," Journal of Business Venturing, Elsevier, vol. 35(1).
    25. Shepherd, Dean A. & Covin, Jeffrey G. & Kuratko, Donald F., 2009. "Project failure from corporate entrepreneurship: Managing the grief process," Journal of Business Venturing, Elsevier, vol. 24(6), pages 588-600, November.
    26. Dean A. Shepherd & Andrew Zacharakis, 1999. "Conjoint analysis: A new methodological approach for researching the decision policies of venture capitalists," Venture Capital, Taylor & Francis Journals, vol. 1(3), pages 197-217, July.
    27. Dean A. Shepherd & Melissa S. Cardon, 2009. "Negative Emotional Reactions to Project Failure and the Self‐Compassion to Learn from the Experience," Journal of Management Studies, Wiley Blackwell, vol. 46(6), pages 923-949, September.
    28. Johan Wiklund & DEAN Shepherd, 2003. "Knowledge‐based resources, entrepreneurial orientation, and the performance of small and medium‐sized businesses," Strategic Management Journal, Wiley Blackwell, vol. 24(13), pages 1307-1314, December.
    29. Dean A. Shepherd & Vinit Parida & Joakim Wincent, 2021. "Bribery from a micro, demand-side perspective," Small Business Economics, Springer, vol. 57(4), pages 1661-1680, December.
    30. Johan Wiklund & Holger Patzelt & Dean Shepherd, 2009. "Building an integrative model of small business growth," Small Business Economics, Springer, vol. 32(4), pages 351-374, April.
    31. Shepherd, Dean A. & Wiklund, Johan & Haynie, J. Michael, 2009. "Moving forward: Balancing the financial and emotional costs of business failure," Journal of Business Venturing, Elsevier, vol. 24(2), pages 134-148, March.
    32. Erik Lundmark & Anna Krzeminska & Dean A. Shepherd, 2019. "Images of Entrepreneurship: Exploring Root Metaphors and Expanding Upon Them," Entrepreneurship Theory and Practice, , vol. 43(1), pages 138-170, January.
    33. Dean A. Shepherd & Dawn R. DeTienne, 2005. "Prior Knowledge, Potential Financial Reward, and Opportunity Identification," Entrepreneurship Theory and Practice, , vol. 29(1), pages 91-112, January.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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