THE RENT CONFERENCES
OVER THE LAST 20 YEARS:
HIGHLIGHTS AND
RESEARCH TRENDS
JOSÉ Mª VECIANA
UNIVERSIDAD AUTÓNOMA DE BARCELONA
RENT XX – 22-24 NOVEMBER 2006 - BRUSSELS
©Veciana: Don’t quote without author’s permission.
20 YEARS OF RENT
YEAR
CITY
COUNTRY
CHAIR
N. PARTICIPANTS
1987
Belgium
Brussels
R. Donckels
23
1988
Austria
Vienna
J. Mugler/H. Pichler
36
1989
U.K.
Durham
A. Gibb/D. Kirby
46
1990
Germany
Cologne
H. Klandt
71
1991
Sweden
Vaxjo
B. Johannisson
50
1992
Spain
Barcelona
J. Veciana
77
1993
Hungary
Budapest
Z. Roman
78
1994
Finland
Tampere
A. Haahti
90
1995
Italy
Piancenza
G. Mussati
1996
Belgium
Brussels
R. Donckels
95
1997
Germany
Mannheim
K. Ballarini
86
1998
France
Lyon
C. Drevet/R. Calori
1999
U.K.
London
D. Kirby
2000
Czech Republic
Prague
H. Landstrom
100
2001
Finland
Turku
A. Paasio
110
2002
Spain
Barcelona
J.Veciana
155
2003
Poland
Lodz
B. Piasecki
100
2004
Denmark
Copenhagen
P.R. Christensen/F. Poulfelt
264
2005
Italy
Naples
M. Raffa
191
2006
Belgium
Brussels
E. Laveren/Hans Crijns
210
123
103
96
RESEARCH REVIEW AND
RESEARCH TRENDS
THE DEBATE ON THE DISTINCTIVE
DOMAIN OF ENTREPRENEURSHIP
“TO DATE, MOST RESEARCHERS
HAVE DEFINED THE FIELD SOLELY
IN
TERMS
OF
WHO
THE
ENTREPRENEUR IS AND WHAT THE
ENTREPRENEUR DOES”
(VENTKATARMAN, 1997)
THE DEBATE ON THE DISTINCTIVE
DOMAIN OF ENTREPRENEURSHIP
“TO DATE THE PHENOMENON OF
ENTREPRENEURSHIP HAS LACKED A
CONCEPTUAL FRAMEWORK”
(SHANE & VENKATARAMAN, 1999).
THE DEBATE ON THE DISTINCTIVE
DOMAIN OF ENTREPRENEURSHIP
“AS
AN
ACADEMIC
FIELD,
ENTREPRENEURSHIP
IS
A
CATCHALL” (LOW, 2001):
ENTREPRENEURSHIP RESEARCH AS
A POTPOURRI
THEORETICAL APPROACHES TO
ENTREPRENEURSHIP RESEARCH
APPROACHES
LEVEL
OF
ANALYSIS
MICRO
(Individual
level)
MESO
(Corporate
level)
MACRO
(Global-country
level)
ECONOMIC
APPROACH
PSYCHOLOGICAL
APPROACH
SOCIOCULTURAL
APPROACH
MANAGERIAL
APPROACH
THEORETICAL APPROACHES TO
ENTREPRENEURSHIP RESEARCH
APPROACHES
LEVEL
OF
ANALYSIS
MICRO
(Individual level)
ECONOMIC APPROACH
 Entrepreneurial
function as fourth
factor of production.
 Theory of the
entrepreneurial profit.
 Theory of
occupational choice
under uncertainty.
PSYCHOLOGICAL
APPROACH
 Traits theory
 Psychodynamic
theory
SOCIO-CULTURAL
APPROACH
 Margination theory
 Role theory
 Network theory
 Leibenstein’s xefficiency theory.
 Behavioral teory of
the entrepreneur.
 Modes of new
enterprise creation.
 Models of new
enterprise success
and failure.
 Corporate
Entrepreneurship
MESO
(Corporate level)
 Transaction cost
theory
 Network theory
 Incubator’s theory
 Evolutionary theory
MACRO
(Global-country
level)
 Schumpeter’s theory
of economic
development.
Theory of the
endogenous regional
development.
 Weber’s theory of
economic
development.
 Theory of social
change
 Population ecology
theory
 Institutional theory
 Kirzner’s
entrepreneur
theory.
MANAGERIAL
APPROACH
RESEARCH TRENDS BASED ON
RENT PAPERS
ECONOMIC
APPROACH
%
PSYCHOLOGICAL
APPROACH
%
SOCIOCULTURAL/
INSTITUTIONAL
APPROACH
%
MANAGERIAL
APPROACH
%
OTHER
%
1987-1991
10.4
6.4
3.25
54
19.5
1991-1996
10.0
5.65
14.6
61
7.6
1997-2001
10.8
2.3
19.14
57
10.76
2002-2006
7.3
2.2
15.2
58.8
16.5
PERIOD
MAIN RESULTS
 PREDOMINANCE
APPROACH.
OF
THE
MANAGERIAL
 DECREASING AND INSIGNIFICANT LEVELS
OF THE PSYCHOLOGICAL APPROACH.
 VERY LOW
APPROACH.
LEVEL
OF
THE
ECONOMIC
 INCREASING IMPORTANCE OF THE SOCIOCULTURAL/INSTITUTIONAL APPROACH.
MAIN RESEARCH TOPICS IN THE
4 PERIODS
1987-1991
%
1992-1996
%
1997-2001
%
2002-2006
%
10.8
7.2
8.2
10.9
PSYCHOLOGICAL
PROFILE
5.4
3.2
-
-
INNOVATION
4.5
4.0
3.2
4.7
GROWTH
3.6
6.7
10.0
6.5
POLICY
3.6
3.2
3.6
0.9
EASTERN EUROPE
2.7
0.4
7.8
3.5
TOPICS
SME
MANAGEMENT
MAIN RESEARCH TOPICS IN THE
4 PERIODS
1987-1991
%
1992-1996
%
1997-2001
%
2002-2006
%
INTERNATIONALISATION
-
8.6
4.3
3.3
STRATEGIC ALLIANCES
-
5.0
3.5
0.7
NETWORKS
-
5.0
2.5
4.4
RESEARCH REVIEW
-
4.5
-
-
ECONOMIC STUDIES
-
4.0
-
-
SUCCESS, FAILURE, PERFOR.
-
3.2
6.4
6.3
ENTREPRENEURIAL VALUES
-
2.3
-
-
ENTREPRENEURIAL/MANAGERIAL
COMPETENCES
-
2.3
2.2
2.0
DEVELOPING COUNTRIES
-
2.3
-
-
WOMEN ENTREPRENEURS
-
1.8
6.9
5.4
CORPORATE ENTREPRENEURSHIP
-
1.0
-
3.0
INDUSTRIAL DISTRICTS
-
4.0
-
-
FAMILY FIRMS
-
1.3
3.2
4.6
EDUCATION
-
1.3
2.8
5.3
TOPICS
MAIN RESEARCH TOPICS IN THE
4 PERIODS
1987-1991
%
1992-1996
%
1997-2001
%
2002-2006
%
SMEs
FINANCINGVENT.CAP
-
-
7.8
6.0
INSTITUTIONAL
SUPPORT
-
-
4.6
2.1
STRAT-UP
PROCESS
-
-
3.6
3.5
IPOs
-
-
1.8
-
LEARNING &
KNOWLEDGE
MANAGEMENT
-
-
2.2
4.2
GOVERNANCE
-
-
2.2
0.9
TYPES OF
ENTREPRENEURS
-
-
1.8
2.0
TOPICS
MAIN RESEARCH TOPICS IN THE
4 PERIODS
1987-1991
%
1992-1996
%
1997-2001
%
2002-2006
%
SPIN-OFFs
-
-
-
2.0
ETHNIC
MINORITIES/
IMMIGRANTS
-
-
-
1.6
BUSINESS
ANGELS
-
-
-
1.2
REGULATION
-
-
-
0.9
TOPICS
RESEARCH TRENDS
PERIOD 1997-2001
STAR RESEARCH TOPICS
 GROWTH
 SUCCESS & FAILURE – PERFORMANCE
 FINANCING – VENTURE CAPITAL
RESEARCH TRENDS
PERIOD 1997-2001
NEW RESEARCH TOPICS










GOVERNANCE
LEARNING
IPOs
TYPES OF ENTREPRENEURS
START-UP PROCESS
INSTITUTIONAL SUPPORT
SPIN-OFFs
TRUST, CULTURE, LEGITIMACY
NEW ECONOMY
REGIONAL DEVELOPMENT
RESEARCH TRENDS
PERIOD 2002-2006
STAR RESEARCH TOPICS
 GROWTH
 SUCCESS & FAILURE – PERFORMANCE
 FINANCING – VENTURE CAPITAL
RESEARCH TRENDS
PERIOD 2002-2006
NEW RESEARCH TOPICS
REGULATION
BUSINESS ANGELS
BORN GLOBALS
OPPORTUNITY RECOGNITION
IMMIGRANTS, ETHNIC MINORITIES
SOCIAL/COMMUNITY
ENTREPRENEURSHIP
 ETHICAL DIMENSIONS
 KNOWLEDGE SPILLOVER






A RE-CLASSIFICATION OF
MANAGERIAL APPROACH
THE
SIZE
NF: NEW FIRMS
SME: SMALL AND MÉDIUM-SIZED ENTERPRISE
FB: FAMILY BUSINESS
BC: BIG CORPORATION
TIME
 START-UP PROCESS (NEW FIRM
CREATION PROCESS): 5%
 SME
MANAGEMENT
DEVELOPMENT: 88.34%
 FAMILY FIRMS: 6.66%
AND
MAIN CONCLUSIONS AND
REFLECTIONS
MAIN CONCLUSIONS
 A HUGE DIVERSITY OF TOPICS
 INCREASING
PAPERS.
QUALITY
LEVEL
OF
THE
 PREDOMINANCE OF THE MANAGERIAL
APPROACH, I.E. TOPICS RELATED TO THE
SMEs.
 BUT VERY FEW PAPERS ON THE NEW FIRM
FORMATION PROCESS.
 ABANDONMENT OF THE PSYCHOLOGICAL
APPROACH.
MAIN CONCLUSIONS
 LITTLE
RESEARCH
BASED
ECONOMIC APPROACH.
ON
THE
 INCREASING INTEREST AND RESEARCH
BASED
ON
THE
SOCIOCULTURAL/INSTITUTIONAL APPROACH.
 VERY FEW PAPERS ON THEORETICAL
ISSUES, I.E. THEORY BUILDING.
 VERY FEW PAPERS ON POLICY
SOME
REFLECTIONS
QUESTIONS
AND
1. ARE
THE
RESEARCH
RESULTS
OF
INTEREST
FOR
THE
PRACTIONERS
AND/OR PUBLIC POLICY MAKERS?
2. WHO IS THE PRIME BENEFICIARY OF
THIS RESEARCH (CUI BONO CRITERION)?
3. IF THE PRIME BENEFICIARY IS THE
PRACTISING SMALL BUSINESS OWNER,
HOW ARE THE RESEARCH RESULTS
CONVEYED/TRANSMITTED
TO
THE
BUSINESS WORLD?
THANK YOU FOR YOUR
ATTENTION!
RENT PAPER STATISTICS
TOTAL
SUBMISSIONS
REJECTED
%
2003
108
21
2004
264
25
2005
255
38
2006
255
45