Conference proceeding
Pivotal Mentorship: How the Type of Mentoring Feedback Influences Entrepreneurial Pivoting
Academy of Management Annual Meeting Proceedings, Vol.2022(1), pp.1-6
08/2022
DOI: 10.5465/AMBPP.2022.124
Abstract
Mentoring can play a vital role in entrepreneurship, particularly in helping entrepreneurs realize the need to pivot, or make a fundamental change. As a result, many entrepreneurial development experiences like accelerators use mentoring relationships to help entrepreneurs understand the need to pivot to avoid potential blind spots. However, what makes some entrepreneurs more likely to pivot in response to mentoring feedback while others do not? We integrate the literature on feedback with entrepreneurial cognition to theorize how the interrelationships between the way feedback is provided, entrepreneurial experience, the amount of time to implement the feedback, and the mentor’s area of expertise affect entrepreneurs’ likelihood to follow pivoting feedback. Specifically, we hypothesize that entrepreneurs are more likely to pivot in response to concrete feedback, but that effect can be moderated by entrepreneurial experience, timing to implement the feedback, and mentor expertise distance. We test our hypotheses using a conjoint analysis of 277 early-stage entrepreneurs that recently participated in accelerators or incubators making 2216 decisions as to their likelihood to pivot. This study contributes to the literature on entrepreneurial mentoring, pivoting, and entrepreneurial cognition by demonstrating how the way mentors provide feedback affects entrepreneurs’ decisions whether to pivot.
Details
- Title: Subtitle
- Pivotal Mentorship: How the Type of Mentoring Feedback Influences Entrepreneurial Pivoting
- Creators
- Miranda Welbourne Eleazar - U. of IowaToyah L. Miller - George Mason University
- Resource Type
- Conference proceeding
- Publication Details
- Academy of Management Annual Meeting Proceedings, Vol.2022(1), pp.1-6
- DOI
- 10.5465/AMBPP.2022.124
- eISSN
- 2151-6561
- Language
- English
- Date published
- 08/2022
- Academic Unit
- Management and Entrepreneurship ; Center for Social Science Innovation; Law Faculty
- Record Identifier
- 9984380741802771
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