Rags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performance
Social classes shape entrepreneurial pursuits in that entrepreneurs from lower social class groups face more resource deficiencies compared to those from higher social class groups. In this study, we theorize that being resourceful with a particular resource—time—helps ventures run by lower-class en...
| Main Authors: | , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2022
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| _version_ | 1826314414785036288 |
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| author | Ge, J Li, JM Zhao, EY Yang, F |
| author_facet | Ge, J Li, JM Zhao, EY Yang, F |
| author_sort | Ge, J |
| collection | OXFORD |
| description | Social classes shape entrepreneurial pursuits in that entrepreneurs from lower social class groups face more resource deficiencies compared to those from higher social class groups. In this study, we theorize that being resourceful with a particular resource—time—helps ventures run by lower-class entrepreneurs achieve better performance. However, we further argue that the extent to which entrepreneurs use time resourcefully is affected by the cognitive schemas stamped on them by their social class backgrounds. Our empirical analysis of 8663 Chinese private entrepreneurs between 2006 and 2010 lends robust support to these arguments. By revealing both material and cognitive constraints stemming from entrepreneurs' social classes, our study contributes to research on social classes and entrepreneurial resourcefulness and has important implications for understanding the persistence of inequality in entrepreneurship. |
| first_indexed | 2024-09-25T04:33:47Z |
| format | Journal article |
| id | oxford-uuid:9a030b66-6d2b-457a-a1cc-5ba8ad8206ab |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-09-25T04:33:47Z |
| publishDate | 2022 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:9a030b66-6d2b-457a-a1cc-5ba8ad8206ab2024-09-05T16:03:14ZRags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performanceJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:9a030b66-6d2b-457a-a1cc-5ba8ad8206abEnglishSymplectic ElementsElsevier2022Ge, JLi, JMZhao, EYYang, FSocial classes shape entrepreneurial pursuits in that entrepreneurs from lower social class groups face more resource deficiencies compared to those from higher social class groups. In this study, we theorize that being resourceful with a particular resource—time—helps ventures run by lower-class entrepreneurs achieve better performance. However, we further argue that the extent to which entrepreneurs use time resourcefully is affected by the cognitive schemas stamped on them by their social class backgrounds. Our empirical analysis of 8663 Chinese private entrepreneurs between 2006 and 2010 lends robust support to these arguments. By revealing both material and cognitive constraints stemming from entrepreneurs' social classes, our study contributes to research on social classes and entrepreneurial resourcefulness and has important implications for understanding the persistence of inequality in entrepreneurship. |
| spellingShingle | Ge, J Li, JM Zhao, EY Yang, F Rags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performance |
| title | Rags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performance |
| title_full | Rags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performance |
| title_fullStr | Rags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performance |
| title_full_unstemmed | Rags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performance |
| title_short | Rags to riches? Entrepreneurs' social classes, resourceful time allocation, and venture performance |
| title_sort | rags to riches entrepreneurs social classes resourceful time allocation and venture performance |
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