Group conditions for entrepreneurial visions: role confidence, hierarchical congruences, and the imagining of future in entrepreneurial groups

  • 0Department for Sociology, Technische Universität Berlin, Berlin, Germany.
Small Business Economics +

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Summary

This summary is machine-generated.

Entrepreneurial group dynamics significantly shape business visions. Role confidence and narrative structures influence future expectations, impacting business strategy and growth.

Area Of Science

  • Entrepreneurship Studies
  • Sociology of the Future
  • Small Group Dynamics

Background

  • Entrepreneurial visioning is crucial for new ventures.
  • Entrepreneurial groups act as arenas for future imagination.
  • Group conditions can influence the content of these visions.

Purpose Of The Study

  • To investigate how group conditions shape entrepreneurial visions.
  • To explore the interplay between group dynamics and future expectations in entrepreneurship.

Main Methods

  • An in-depth case study methodology was employed.
  • 12 entrepreneurial groups were analyzed.
  • The study utilized an entrepreneurship-as-practice lens, integrating sociological theories on the future and small groups.

Main Results

  • Entrepreneurial vision content is configured by fictional expectations and future orientation (continuing or divergent).
  • Two key group conditions identified: role confidence and hierarchical congruence.
  • Lack of role confidence hinders future business thinking; challenging narrative hierarchies enable divergent future orientation.

Conclusions

  • Group conditions critically influence the formation of entrepreneurial visions.
  • The study highlights the politics of expectations within entrepreneurial groups.
  • Future research should consider group context in understanding entrepreneurial vision development.

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