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<p>Entrepreneurship Industry (EI) intermediaries are pivotal in initiating entrepreneurial action, guiding decision-making, and shaping outcomes. Yet, EI intermediaries remain under researched, leaving a critical gap in the nuanced conceptualization of the roles played by EI intermediaries. Our study adopts a structured framework, by focusing on EI intermediaries’ role in entrepreneurial process, action, and outcomes. First, guided by seminal work by McMullen and Shepherd (2006), we assert that EI intermediaries amplifying transition from the third-person to first-person opportunity recognition. Next, we delineate how the use of intermediaries influences entrepreneurial outcomes. Finally, we differentiate between access to and use of EI intermediaries, asserting that access is associated with increases in the likelihood of action. Using the name, image, and likeness (NIL) policy change by the National Collegiate Athletic Association (NCAA) which resulted in half a million potential entrepreneurs, our findings offer scholarly contributions and policy recommendations. A critical finding is that EI intermediaries stifle innovation, calling for a more accessible and innovative entrepreneurial environment.</p>

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How enabling is the entrepreneurship industry? EI intermediaries and the spectrum of entrepreneurial action and outcomes

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年11月1日

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  • Parul Manocha,
  • Kip Kiefer

摘要

Entrepreneurship Industry (EI) intermediaries are pivotal in initiating entrepreneurial action, guiding decision-making, and shaping outcomes. Yet, EI intermediaries remain under researched, leaving a critical gap in the nuanced conceptualization of the roles played by EI intermediaries. Our study adopts a structured framework, by focusing on EI intermediaries’ role in entrepreneurial process, action, and outcomes. First, guided by seminal work by McMullen and Shepherd (2006), we assert that EI intermediaries amplifying transition from the third-person to first-person opportunity recognition. Next, we delineate how the use of intermediaries influences entrepreneurial outcomes. Finally, we differentiate between access to and use of EI intermediaries, asserting that access is associated with increases in the likelihood of action. Using the name, image, and likeness (NIL) policy change by the National Collegiate Athletic Association (NCAA) which resulted in half a million potential entrepreneurs, our findings offer scholarly contributions and policy recommendations. A critical finding is that EI intermediaries stifle innovation, calling for a more accessible and innovative entrepreneurial environment.