Pierre L. Morrissette
Canada's leading centre for entrepreneurship research and education.
Entrepreneurship Cross-Enterprise Leadership
A forum for faculty and doctoral candidates to collaborate on research ideas, develop teaching cases and advance manuscripts for publication.
Pierre L. Morrissette Institute for Entrepreneurship
Ivey entrepreneurs offer valuable tips, lessons and experiences that they learned along their journey.
A collection of resources, events and programs to aid and assist entrepreneurs.
Fostering a deeper understanding of the strengths and challenges of the business, the family and the complex relationship between them.
Ivey's Entrepreneurship stream provides HBA and MBA students with the toolkits to start their venture.
2014 Babson College Entrepreneurship Research Conference
World-class research and an excellent conference position Ivey as a premier entrepreneurship research centre.
The Ivey Business School welcomed over 300 academics and doctoral students from around the world for the 34th Annual Babson College Entrepreneurship Research Conference (BCERC) in early June, 2014.
The Babson Conference is considered the world’s premier conference for academic research in entrepreneurship. This year’s edition included 236 summaries presented on topics ranging from high-tech and social media entrepreneurship to the impact of age, experience and gender on entrepreneurship and the challenges of family business succession.
The 2014 conference, sponsored by the Pierre L. Morrissette Institute for Entrepreneurship and the Entrepreneurship Cross-Enterprise Leadership Centre, marked Babson’s return to Canada for the first time in 26 years and confirmed Ivey as a global brand in entrepreneurship research and education.
The 35th anniversary of the Conference will be held at Babson College in Massachusetts next June. Find out more on next year's conference.
Article: Expatriation and its Effect on Headquarters Attention in the Multinational Enterprise
We explore the circumstances under which expatriates can help their host-subsidiary capture headquarters attention. Our central contention is that expatriates will be particularly helpful in situations where a subsidiary or its market is showing signs of growth, allowing headquarters to recognize information signaling opportunities for the firm that could otherwise go unnoticed. We test this contention using a robust instrumental variable approach in a single multinational enterprise. Our results show that subsidiaries hosting expatriates and experiencing growth at the subsidiary or market level have a higher probability of capturing headquarters attention.
by Jean-Louis Schaan, Simon Parker, Yves Plourde, June 11, 2014. Strategic Management Journal
Article: Why are some people more likely to become small-businesses owners than others: Entrepreneurship entry and industry-specific barriers
Why are some individuals more likely to become owners of small businesses than others? We classify industries using measures of entry barriers and proceed to investigate how determinants of entry vary in high- as opposed to low-barrier fields. Claims that neither financial-capital constraints nor the educational backgrounds of aspiring small-business owners predict the likelihood of small-business entry are investigated in this context. These claims of irrelevance, we find, are inconsistent with the facts. The wealth and educational background characteristics potential entrepreneurs possess predispose them to make distinctly different industry choices, both because of the differing rewards available to them and the very different entry barriers they face. The characteristics of potential entrants, in other words, draw them toward some industries and away from others.
by Simon Parker, Tim Bates, Magnus Lofstrom, March 31, 2014. Journal of Business Venturing
Article: Do Serial Entrepreneurs Run Successively Better Performing Businesses?
This paper investigates whether – consistent with theories of entrepreneurial learning by doing and resource acquisition – serial entrepreneurs' performance follows a rising trajectory over successive venturing spells. Or whether – consistent with theories of selective learning from failure and hubris – serial entrepreneurs perform better after experiencing a bad spell (and worse after experiencing a good spell). We test competing hypotheses about serial entrepreneurs' performance trajectories using Panel Study of Income Dynamics (PSID) data, which track the dynamic performance of a sample of American serial entrepreneurs for up to one-quarter of a century. The findings show that serial entrepreneurs obtain temporary benefits from spells of venturing which eventually die away. This implies that venturing generates benefits which spill over from one venture into subsequent ones, and it can provide a rationale for public policies which encourage re-entries by entrepreneurs, even if those entrepreneurs performed poorly in their first ventures.
by Simon Parker, September 05, 2013. Journal of Business Venturing
Article: Financing Entrepreneurship and the Old-Boy Network
We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan terms. We show that there are winners and losers as a result of the network even among its members. Because all projects have positive net value, it is efficient to finance them even in the absence of a network. Thus, the formation of the network is inefficient as entrepreneurs incur networking costs for purely redistributive gains in the form of better loan terms as network members.
by Simon Parker, Eren Inci, May 16, 2013. Journal of Economics & Management Strategy