petra moog | University of Siegen (original) (raw)
Papers by petra moog
Social Science Research Network, 2006
Personnel Economics Workshop in Konstanz, to Thomas Zwick and to our referees for their helpful c... more Personnel Economics Workshop in Konstanz, to Thomas Zwick and to our referees for their helpful comments. Very capable research assistance was provided by Sara Schmidhauser. Financial support from the German Science Foundation is greatly appreciated. The data were collected with additional financial support from the German Founder Bank and the Cologne Savings Bank. The views expressed herein and all errors are our own.
Small Business Economics, Feb 1, 2023
Entrepreneurial activity, its emergence, and development are considered important for the well-be... more Entrepreneurial activity, its emergence, and development are considered important for the well-being of nations, especially for those in transition from one economic system or industrial setting into another. A crucial question is, why countries with similar basic resources develop differently regarding entrepreneurial activities over time? This study delivers new insights on ecosystems developing during different historical eras, and why some ecosystem factors have an impact not only during one point in time but also in the long term. The paper focuses on Azerbaijan, a country with a turbulent history, and volatile formal institutions, endowed with natural resources, and now heavily dependent on the export of oil and gas. To transform the economy and overcome this resource dependency, entrepreneurial activities could provide one solution; however, the contribution of entrepreneurship to the economic development and growth remains low. This paper provides an analysis of why the promise of entrepreneurship remains quite elusive in Azerbaijan. The study contributes to the literature on entrepreneurship by drawing on archival data to gain insights on how the historical role of entrepreneurship and the underlying ecosystem have imprinted their long-term development of current entrepreneurial activities. It proposes a framework for a systematic and long-term analysis of the factors and mechanisms comprising the ecosystem approach and shaping entrepreneurial outcomes across a broad spectrum of historical and contemporary contexts. Plain English Summary Innovative insights on ecosystems over time. The historical analysis of the volatile entrepreneurial ecosystem and formal institutions in Azerbaijan throughout history delivers new insights for research and policy makers on how deeply this affects entrepreneurship evolvement.
RePEc: Research Papers in Economics, Dec 1, 2012
Duncker & Humblot eBooks, 2001
RePEc: Research Papers in Economics, Nov 1, 2009
Based on the finding that entrepreneurs who found new firms tend to work as employees of small ra... more Based on the finding that entrepreneurs who found new firms tend to work as employees of small rather than large firms prior to start-up, we test how different working conditions, which enhance entrepreneurial learning, affect their decision to become entrepreneurs when moderated by firm size. Based on data of the German SocioEconomic Panel (SOEP), we find a significant relationship between entrepreneurial learning (extracted in an orthogonal factor analysis based on twelve working conditions as proxy for entrepreneurial human capital and work experience) and firm size when predicting the probability of leaving paid employment for self-employment. We think, that this is a special kind of knowledge spillover. We also control for other aspects such as gender, age, wage, etc.-factors that may potentially influence the decision to become self-employed. Thus, our analysis sheds new light onto the black box of SMEs as a hotbed of new start-ups.
Zeitschrift Fur Personalforschung, Nov 1, 2005
Business Strategy and The Environment, Jul 17, 2023
Movements like “Fridays for Future” have heightened attention to the need for sustainability, par... more Movements like “Fridays for Future” have heightened attention to the need for sustainability, particularly among Generations X, Y, and Z. However, the consumption of fast fashion and so‐called ultra‐fashion products—an ecologically harmful business model—continues to gain momentum, especially among young consumers, not least due to fear of missing out (FOMO). FOMO is well‐known among marketing professionals as a strong trigger for frequently recurring buying behavior. Over the past 5 years, scholars have become increasingly interested in how FOMO triggers buying behavior and have begun to incorporate FOMO in their cognitive models. However, the influence of FOMO on individual fashion purchases and the relationship between brand credibility and sustainable fashion production is not yet well understood. Utilizing cross‐sectional data from three distinct samples in Switzerland and the United States, our study, which included over 650 participants, reveals that brand credibility and FOMO exert direct influences on consumers' purchase intentions for fast fashion products. We identify that FOMO has a negative moderating effect on the relationship between brand credibility and fast fashion purchase intentions. Suggesting that consumers with strong FOMO are less interested in brand credibility when making a purchase decision than those without FOMO. Additionally, we demonstrate that our findings apply to both fast and slow fashion, the latter encompassing sustainably produced fashion. Ultimately, we provide novel empirical evidence of FOMO's influence on buying behavior and shed light on the complex interplay between brand credibility, sustainability, and consumer behavior in the fashion industry.
Proceedings - Academy of Management, 2016
This study determines the effect of international assignments on the entrepreneurial intentions o... more This study determines the effect of international assignments on the entrepreneurial intentions of employees. With evidence in the literature that international assignments facilitate the developme...
Academy of Management Proceedings
RePEc: Research Papers in Economics, Feb 1, 2007
This paper studies willingness to become an entrepreneur depending on an individual's composition... more This paper studies willingness to become an entrepreneur depending on an individual's composition of human and social capital. Our theoretical analysis is an extension of Lazear's (2005) jack-of-all-trades theory. Our primary implication is that it is not individuals with a higher level of human or social capital but rather individuals with a more balanced portfolio of human and social capital that are more willing than others to become entrepreneurs. We use survey data from a sample of more than 2000 German students to test this hypothesis and find that the jacks-of-all-trades, i.e. the more balanced individuals are more likely to become entrepreneurs. On the other hand, the Masters-in-One, i.e. the specialists, are better off being an employee and rightly prefer to be so.
BRQ Business Research Quarterly, Jul 7, 2023
This study investigates how the Psychological Capital (PsyCap) of small and medium enterprises (S... more This study investigates how the Psychological Capital (PsyCap) of small and medium enterprises (SME) leaders has influenced their strategic responses, ultimately impacting the performance of their companies, during the COVID-19 pandemic. Embedded within research on behavioral micro-foundations in strategy, and based on the resource-based theory (RBT) of the individual entrepreneur as well as positive organizational behavior literature, we hypothesize that SME leaders’ psychological resources can act as a strategic advantage during crises by making them adopt cost-cutting and investment measures for their companies performance. By using a sample of 372 SMEs, we find that while leaders mostly use both measures, leaders with a high PsyCap prefer adopting investment measures, which positively influences the performance of their companies during a crisis. However, adopting cost-cutting measures lowers performance. We contribute to the entrepreneurship literature by using PsyCap in the context of the RBT of the individual entrepreneur and shedding light on which measures sustain or increase SMEs’ performance during a crisis. JEL CLASSIFICATION: D91; L25; L26; M10
Proceedings - Academy of Management, Aug 1, 2021
Proceedings - Academy of Management, Aug 1, 2021
While research has often claimed that individual actors' values and consequently behaviour im... more While research has often claimed that individual actors' values and consequently behaviour impact the performance of a firm significantly, empirical underpinning about the mechanisms is missing. Es...
Academy of Management Proceedings
Academy of Management Proceedings
The employment of highly qualified in an international context, in small, medium sized and large ... more The employment of highly qualified in an international context, in small, medium sized and large companies: status quo and its implications for the
Academy of Management Proceedings, 2019
We follow the general extension of agency theory discussion concerning family businesses to gain ... more We follow the general extension of agency theory discussion concerning family businesses to gain deeper insights into the underlying information asymmetries in family businesses. By doing so, we ob...
Neue Tendenzen in der Mittelstandsfinanzierung, 2003
Junge und innovative Unternehmen mussen auf ihrem Weg zu Wachstum und Wettbewerbsfahigkeit haufig... more Junge und innovative Unternehmen mussen auf ihrem Weg zu Wachstum und Wettbewerbsfahigkeit haufig ein besonders komplexes Problembundel meistern. Zum einen ist die Unsicherheit hinsichtlich der Marktfahigkeit ihrer Geschaftsidee noch gros, zum anderen fehlt es dem Unternehmer/Unternehmerteam an Managementerfahrungen und die Eigenkapitalausstattung reicht meist nicht aus, um die Fortfuhrung und Realisierung der Geschaftsidee ohne die Beteiligung Dritter zu finanzieren. Einem Teil der wachstumsstarken Unternehmen, den sogenannten High-Flyern oder “Gazellen”, die bestimmte Mindestvoraussetzungen hinsichtlich ihrer Risiko-/Renditeprofile, Wachstumsaussichten und ihres Kapitalbedarfs erfullen, stehen organisierte Eigenkapitalmarkte, z.T. unterstutzt durch offentliche Forderprogramme, zur Aufnahme von Beteiligungskapital zur Verfugung. Unternehmen mit weniger beeindruckenden, gleichwohl ausgepragten Wachstumschancen, die den Mindestanforderungen von Investoren auf organisierten Eigenkapitalmarkten nicht genugen, z.B. in Hinsicht auf eine Mindestgrose des Unternehmens, des Innovationsgrades, des Kapitalbedarfs, der Erlangung der Borsenreife etc. steht kein vergleichbar hoch entwickeltes Finanzierungssegment zur Verfugung. Die Allokationseffizienz fur Beteiligungskapital speziell fur diese Unternehmensgruppe ist daher gering. Aus gesamtwirtschaftlicher Sicht konnen aber Ineffizienzen des Finanzierungssektors zu einer niedrigeren Wachstumsrate, Beschaftigungseinbusen und damit einer niedrigeren Dynamik im Strukturwandel fuhren und sind deshalb gleichbedeutend mit Wohlstandsverlusten.
Social Science Research Network, 2006
Personnel Economics Workshop in Konstanz, to Thomas Zwick and to our referees for their helpful c... more Personnel Economics Workshop in Konstanz, to Thomas Zwick and to our referees for their helpful comments. Very capable research assistance was provided by Sara Schmidhauser. Financial support from the German Science Foundation is greatly appreciated. The data were collected with additional financial support from the German Founder Bank and the Cologne Savings Bank. The views expressed herein and all errors are our own.
Small Business Economics, Feb 1, 2023
Entrepreneurial activity, its emergence, and development are considered important for the well-be... more Entrepreneurial activity, its emergence, and development are considered important for the well-being of nations, especially for those in transition from one economic system or industrial setting into another. A crucial question is, why countries with similar basic resources develop differently regarding entrepreneurial activities over time? This study delivers new insights on ecosystems developing during different historical eras, and why some ecosystem factors have an impact not only during one point in time but also in the long term. The paper focuses on Azerbaijan, a country with a turbulent history, and volatile formal institutions, endowed with natural resources, and now heavily dependent on the export of oil and gas. To transform the economy and overcome this resource dependency, entrepreneurial activities could provide one solution; however, the contribution of entrepreneurship to the economic development and growth remains low. This paper provides an analysis of why the promise of entrepreneurship remains quite elusive in Azerbaijan. The study contributes to the literature on entrepreneurship by drawing on archival data to gain insights on how the historical role of entrepreneurship and the underlying ecosystem have imprinted their long-term development of current entrepreneurial activities. It proposes a framework for a systematic and long-term analysis of the factors and mechanisms comprising the ecosystem approach and shaping entrepreneurial outcomes across a broad spectrum of historical and contemporary contexts. Plain English Summary Innovative insights on ecosystems over time. The historical analysis of the volatile entrepreneurial ecosystem and formal institutions in Azerbaijan throughout history delivers new insights for research and policy makers on how deeply this affects entrepreneurship evolvement.
RePEc: Research Papers in Economics, Dec 1, 2012
Duncker & Humblot eBooks, 2001
RePEc: Research Papers in Economics, Nov 1, 2009
Based on the finding that entrepreneurs who found new firms tend to work as employees of small ra... more Based on the finding that entrepreneurs who found new firms tend to work as employees of small rather than large firms prior to start-up, we test how different working conditions, which enhance entrepreneurial learning, affect their decision to become entrepreneurs when moderated by firm size. Based on data of the German SocioEconomic Panel (SOEP), we find a significant relationship between entrepreneurial learning (extracted in an orthogonal factor analysis based on twelve working conditions as proxy for entrepreneurial human capital and work experience) and firm size when predicting the probability of leaving paid employment for self-employment. We think, that this is a special kind of knowledge spillover. We also control for other aspects such as gender, age, wage, etc.-factors that may potentially influence the decision to become self-employed. Thus, our analysis sheds new light onto the black box of SMEs as a hotbed of new start-ups.
Zeitschrift Fur Personalforschung, Nov 1, 2005
Business Strategy and The Environment, Jul 17, 2023
Movements like “Fridays for Future” have heightened attention to the need for sustainability, par... more Movements like “Fridays for Future” have heightened attention to the need for sustainability, particularly among Generations X, Y, and Z. However, the consumption of fast fashion and so‐called ultra‐fashion products—an ecologically harmful business model—continues to gain momentum, especially among young consumers, not least due to fear of missing out (FOMO). FOMO is well‐known among marketing professionals as a strong trigger for frequently recurring buying behavior. Over the past 5 years, scholars have become increasingly interested in how FOMO triggers buying behavior and have begun to incorporate FOMO in their cognitive models. However, the influence of FOMO on individual fashion purchases and the relationship between brand credibility and sustainable fashion production is not yet well understood. Utilizing cross‐sectional data from three distinct samples in Switzerland and the United States, our study, which included over 650 participants, reveals that brand credibility and FOMO exert direct influences on consumers' purchase intentions for fast fashion products. We identify that FOMO has a negative moderating effect on the relationship between brand credibility and fast fashion purchase intentions. Suggesting that consumers with strong FOMO are less interested in brand credibility when making a purchase decision than those without FOMO. Additionally, we demonstrate that our findings apply to both fast and slow fashion, the latter encompassing sustainably produced fashion. Ultimately, we provide novel empirical evidence of FOMO's influence on buying behavior and shed light on the complex interplay between brand credibility, sustainability, and consumer behavior in the fashion industry.
Proceedings - Academy of Management, 2016
This study determines the effect of international assignments on the entrepreneurial intentions o... more This study determines the effect of international assignments on the entrepreneurial intentions of employees. With evidence in the literature that international assignments facilitate the developme...
Academy of Management Proceedings
RePEc: Research Papers in Economics, Feb 1, 2007
This paper studies willingness to become an entrepreneur depending on an individual's composition... more This paper studies willingness to become an entrepreneur depending on an individual's composition of human and social capital. Our theoretical analysis is an extension of Lazear's (2005) jack-of-all-trades theory. Our primary implication is that it is not individuals with a higher level of human or social capital but rather individuals with a more balanced portfolio of human and social capital that are more willing than others to become entrepreneurs. We use survey data from a sample of more than 2000 German students to test this hypothesis and find that the jacks-of-all-trades, i.e. the more balanced individuals are more likely to become entrepreneurs. On the other hand, the Masters-in-One, i.e. the specialists, are better off being an employee and rightly prefer to be so.
BRQ Business Research Quarterly, Jul 7, 2023
This study investigates how the Psychological Capital (PsyCap) of small and medium enterprises (S... more This study investigates how the Psychological Capital (PsyCap) of small and medium enterprises (SME) leaders has influenced their strategic responses, ultimately impacting the performance of their companies, during the COVID-19 pandemic. Embedded within research on behavioral micro-foundations in strategy, and based on the resource-based theory (RBT) of the individual entrepreneur as well as positive organizational behavior literature, we hypothesize that SME leaders’ psychological resources can act as a strategic advantage during crises by making them adopt cost-cutting and investment measures for their companies performance. By using a sample of 372 SMEs, we find that while leaders mostly use both measures, leaders with a high PsyCap prefer adopting investment measures, which positively influences the performance of their companies during a crisis. However, adopting cost-cutting measures lowers performance. We contribute to the entrepreneurship literature by using PsyCap in the context of the RBT of the individual entrepreneur and shedding light on which measures sustain or increase SMEs’ performance during a crisis. JEL CLASSIFICATION: D91; L25; L26; M10
Proceedings - Academy of Management, Aug 1, 2021
Proceedings - Academy of Management, Aug 1, 2021
While research has often claimed that individual actors' values and consequently behaviour im... more While research has often claimed that individual actors' values and consequently behaviour impact the performance of a firm significantly, empirical underpinning about the mechanisms is missing. Es...
Academy of Management Proceedings
Academy of Management Proceedings
The employment of highly qualified in an international context, in small, medium sized and large ... more The employment of highly qualified in an international context, in small, medium sized and large companies: status quo and its implications for the
Academy of Management Proceedings, 2019
We follow the general extension of agency theory discussion concerning family businesses to gain ... more We follow the general extension of agency theory discussion concerning family businesses to gain deeper insights into the underlying information asymmetries in family businesses. By doing so, we ob...
Neue Tendenzen in der Mittelstandsfinanzierung, 2003
Junge und innovative Unternehmen mussen auf ihrem Weg zu Wachstum und Wettbewerbsfahigkeit haufig... more Junge und innovative Unternehmen mussen auf ihrem Weg zu Wachstum und Wettbewerbsfahigkeit haufig ein besonders komplexes Problembundel meistern. Zum einen ist die Unsicherheit hinsichtlich der Marktfahigkeit ihrer Geschaftsidee noch gros, zum anderen fehlt es dem Unternehmer/Unternehmerteam an Managementerfahrungen und die Eigenkapitalausstattung reicht meist nicht aus, um die Fortfuhrung und Realisierung der Geschaftsidee ohne die Beteiligung Dritter zu finanzieren. Einem Teil der wachstumsstarken Unternehmen, den sogenannten High-Flyern oder “Gazellen”, die bestimmte Mindestvoraussetzungen hinsichtlich ihrer Risiko-/Renditeprofile, Wachstumsaussichten und ihres Kapitalbedarfs erfullen, stehen organisierte Eigenkapitalmarkte, z.T. unterstutzt durch offentliche Forderprogramme, zur Aufnahme von Beteiligungskapital zur Verfugung. Unternehmen mit weniger beeindruckenden, gleichwohl ausgepragten Wachstumschancen, die den Mindestanforderungen von Investoren auf organisierten Eigenkapitalmarkten nicht genugen, z.B. in Hinsicht auf eine Mindestgrose des Unternehmens, des Innovationsgrades, des Kapitalbedarfs, der Erlangung der Borsenreife etc. steht kein vergleichbar hoch entwickeltes Finanzierungssegment zur Verfugung. Die Allokationseffizienz fur Beteiligungskapital speziell fur diese Unternehmensgruppe ist daher gering. Aus gesamtwirtschaftlicher Sicht konnen aber Ineffizienzen des Finanzierungssektors zu einer niedrigeren Wachstumsrate, Beschaftigungseinbusen und damit einer niedrigeren Dynamik im Strukturwandel fuhren und sind deshalb gleichbedeutend mit Wohlstandsverlusten.