ACE Director the most cited in leading journal

The article “The role of social and human capital among nascent entrepreneurs” by ACE Centre Director Per Davidsson has now become the most cited article ever in the Journal of Business Venturing (JBV). This is after overtaking the previous “leader”, which was published in the journal’s inaugural issue in 1985 – an issue which also contained the invited and somewhat prophetical piece “Why this is an entrepreneurial age” by President Ronald Reagan.

While Professor Davidsson’s article was published in 2003 – the year before joining QUT full time – important parts of the authoring of the article actually took place during his first sabbatical visit here in 2001. The article, which was co-authored with Benson Honig of McMaster University, has previously received the Greif Research Impact Award for most Impactful Article published in 2003 and the Journal of Business Venturing Award for the same purpose, both in 2009.

Being ranked A* By ERA and ABDC journal lists, JBV is generally regarded the #1 journal in entrepreneurship. The 1,121 citations the article has collected so far also stands up well in broader comparison – across eight leading management journals only four articles published in 2003 or later have received more citations (all citation data according to Google Scholar). While it is Davidsson’s best cited article by far, it is not a “one hit wonder.” Also according to Google Scholar, Davidsson has 22 works that have received over 100 citations each, and collectively his works count over 9,000 GS citations.

Nearly Half of Innovative U.S. Startups Are Founded by ‘User Entrepreneurs,’ According to Kauffman Foundation Study

New study is first to identify characteristics of firms started by entrepreneurs who create products for their own use, then commercialize them

The Kauffman Foundation released a report today about “user entrepreneurs” – those who have created innovative products or services for their own use, then subsequently founded firms to commercialize them. The study reveals, among other things, that user entrepreneurs have founded more than 46 percent of innovative startups that have lasted five years or more, even though this group creates only 10.7 percent of U.S. startups overall.

In the first study to quantify the prevalence and characteristics of these founders, the report identifies how the firms they start compare to other U.S. startups in terms of revenue growth, job creation, R&D investment and intellectual property. The findings draw on data from the Kauffman Firm Survey longitudinal study tracking nearly 5,000 firms founded in 2004.

Read the full report at www.kauffman.org/end-user.