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• W2603165720 abstract "INTRODUCTION Entrepreneurship plays a key role in economic growth and development. Baumol (1993) advocated that innovative entrepreneurship transforms inventions and ideas into economically viable entities. Acs and Szerb (2007) explain that entrepreneurship revolves around the recognition of opportunities along with the cognitive decision to commercialize those opportunities by starting a new firm. Therefore, it can serve as a mechanism that permeates the knowledge filter that prevents ideas and opportunities from being pursued by organizations, and thus it can provide the missing link to economic growth. Entrepreneurship is also crucial in times of recession. World-changing new ventures (e.g., Boeing, IBM, and Hyatt) and mainstay products (e.g., Miracle Whip and Kraft Macaroni and Cheese) are often born at the depth of economic upheavals (Bygrave & Zacharakis, 2010). Entrepreneurship can also have positive social impact. Social entrepreneurship, or entrepreneurial activity with an embedded social purpose, has been on the rise in recent decades (Austin, Stevenson, & Wei-Skillern, 2006). The authors defined the phenomenon as innovative, social value-creating activity that can occur within or across the nonprofit, business, or government sectors. The concept is still poorly defined (Mair & Marti, 2006), as it means different things to different people and researchers (Dees, 1998; Mair & Marti, 2006). However, social entrepreneurship embraces the idea of pursuing an opportunity that is appealing, not solely due to its fiscal potential, but as a result of its capacity for positive social impact. Since entrepreneurship is important for economic sustenance and resurgence, as well as social enrichment, entrepreneurial activity should be encouraged. Part of the battle lies in determining key factors that influence entrepreneurial behavior. There are many approaches to studying entrepreneurship, and several scholars have contributed to increasing our understanding about the phenomenon on different levels of analysis, ranging from the individual to the economy at large (Davidsson & Wiklund, 2001). Support for analysis at the individual level can be found in Gorman, Hanlon, and King's (1997) assertion that propensity or inclination towards entrepreneurship and small business is commonly associated with several personal characteristics. A factor that is shaped, in part, by personal characteristics is entrepreneurial intentions, which have been found to precede entrepreneurial behavior. According to Bird (1988), entrepreneurial intentions form the initial strategic template for new organizations and are important underpinnings of new venture development. Therefore, the worthy cause of increasing entrepreneurial activity is aided when individuals have high entrepreneurial intentions, and thus, it is necessary to conduct research pertaining to such intentions. Extensive research has already found a correlation between entrepreneurial intentions and a number of personal characteristics including creativity, risk taking, self-efficacy, and proactive personality (Grant, 1996; Phipps, 2012; Prieto, 2011; Zhang, Wang, & Owen, 2015; Zhao, Seibert, & Hills, 2005). Considerably less research has delved into political skill. Although political skills, including people skills, are considered essential resources for entrepreneurs (Thompson, 1999), there is hardly any empirical research that investigates the relationship between political skill and entrepreneurial intentions. However, Phipps (2012) did find a statistically significant positive relationship between political skill and entrepreneurial intentions for both men (r = 0.282, p" @default.
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• W2603165720 date "2015-05-01" @default.
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• W2603165720 title "Politicking and Entrepreneurship: Determining the Critical Political Skill Dimensions for High Entrepreneurial Intentions" @default.
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