Peer effects and intentional entrepreneurial behaviour: A systematic literature review and research agenda

Journal article


Portyanko, S., Reinmoeller, P., Hussels, S. and Turner, N. (2022). Peer effects and intentional entrepreneurial behaviour: A systematic literature review and research agenda. International Journal of Management Reviews. https://doi.org/10.1111/ijmr.12320
AuthorsPortyanko, S., Reinmoeller, P., Hussels, S. and Turner, N.
Abstract

What role peers play in individuals’ decisions to become entrepreneurs and to what extent peer effects play a role in influencing behaviours at the various stages of business venturing are important questions for scholars and policymakers. This systematic review takes stock of the recent additions to the literature around the phenomena of peer influence in entrepreneurship. The review identified 2,894 documents which were then narrowed down through three consecutive filtering stages. We thematically analysed the final sample of 27 empirical studies that shed light on how individuals’ peers influence the process and outcomes of these individuals’ entrepreneurial intentions and behaviour, allowing for critical analysis. We propose a conceptual schema of social influence that occurs in interactions among entrepreneurial individuals within business venturing and across the three stages of pre-formation, formation, and growth. Our framework reconciles the conceptual classification around discovering, evaluating and exploiting entrepreneurial opportunities with the mechanisms of social influence affecting entrepreneurial behaviours. Grounded in the findings of the literature review, this framework synthesizes peer influence in entrepreneurship with the tripartite distinction of the behavioural motives recognised in contemporary theories of social influence. We suggest promising directions for further research on how interactions with peers might affect individuals’ entrepreneurial behaviours.

KeywordsManagement of Technology and Innovation; Strategy and Management; General Decision Sciences
Year2022
JournalInternational Journal of Management Reviews
PublisherWiley
ISSN1460-8545
1468-2370
Digital Object Identifier (DOI)https://doi.org/10.1111/ijmr.12320
Web address (URL)https://onlinelibrary.wiley.com/doi/full/10.1111/ijmr.12320
Publication dates
Online08 Dec 2022
Publication process dates
Accepted10 Nov 2022
Deposited29 Nov 2022
Publisher's version
License
File Access Level
Open
Licensehttp://creativecommons.org/licenses/by/4.0/
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