Sub-theme 75: The Social Effects of Entrepreneurial Capitalism
Call for Papers
Entrepreneurship is enjoying great popularity in both the public domain and the academic community. Entrepreneurship courses
are broadly offered in institutions of higher education; entrepreneurship is recognized as an academic domain in its own right,
and entrepreneurship is frequently promoted to help resolve questions of youth unemployment, extreme poverty, climate change,
the migration crisis, economic stagnation, and social exclusion.
While scholars have been fascinated with
entrepreneurial capitalism as an economic system for decades (Baumol et al., 2007; Doody et al., 2016), an emergent body of
work is beginning to scrutinize its social effects: how entrepreneurial capitalism (re-)produces, accelerates, and/or ameliorates
socio-economic inequality, systemic inequities, power concentrations, class struggles and broader social problems (i.e., poverty,
climate crisis, the rise of authoritarianism) (see Vedula et al., 2022; Van Wijk et al., 2019). This line of work conceptualizes
entrepreneurship as an -ism, a new ideology that smooths over and further exacerbates the exploitation of people, such as
gig workers, with few tools of retribution (Bröckling, 2007; Brandl and Bullinger, 2009; Bromley, Meyer, and Jia, 2022; Caliskan
and Lounsbury, 2022; Eberhart, Barley, and Nelson, 2022). The Silicon Valley variant of entrepreneurship is often in researchers’
limelight, as it has proliferated globally and entangled people’s identities and dreams in the hopes of rapid wealth creation
(Friederici, Whome, and Graham 2020; Irani 2019; Pollio 2021; Weiss and Weber 2016). Yet, prominent cases of fraud, deception,
misconduct, and disillusionment among hallmark entrepreneurial organizations, such as Elizabeth Holmes’ Theranos (Carreyrou
2018), Adam Neumann’s WeWork (Thompson 2019), and Travis Kalanick’s Uber (Fowler 2020), bring to light the destructive and
unproductive side of entrepreneurship (Baumol 1990; Palmer and Weiss 2022; Shepherd 2019).
More recently,
work on emergent entrepreneurial forms – such as platform organizations like Alibaba, Upwork, and Uber – has illuminated the
monopolistic and exploitative tendencies of entrepreneurship when gig workers are locked into new employment relationships
(Vallas and Schor 2020) and work becomes an invisible cage managed by opaque algorithms (Rahman 2021) and experimentation
regimes (Rahman, Weiss, and Karunakaran 2023). In light of such realities, the academic discourse is moving beyond understanding
entrepreneurship as a process of business creation and, instead, towards reckoning with its direct, indirect, and (un)intended
social effects.
Scholarship has an important role to play in documenting and critically examining entrepreneurship’s
broader role in society beyond the typical focus on its immediate market and economic outcomes (see Vedula et al., 2022).
As such, it needs to pierce through the often overly bright and optimistic mythology of entrepreneurship that exclusively
highlights the benefits to society and its members. At the same time, scholars need to be careful not to fall into the trap
of over-attributing a dark, pessimistic imagery to entrepreneurship. The normative “schizophrenia” of academia comes to full
fruition in the entrepreneurship debate, with only a few studies balancing out the polarizing “bright” and “dark” side (see,
for example, Steyaert and Hjorth, 2006; Teasdale, 2010; Diochon, 2013; Verduijn et al., 2014; Radoynovska, 2019; Toubiana
and Ruebottom, 2022; Vedula et al., 2022). The time is thus ripe to further foster an academic forum for charting out new
avenues for debate and research.
Building on successful editions of the sub-theme in 2021 and 2023, our goal
is to continue to animate such a forum in which we can juxtapose and discuss the performative character of entrepreneurship
in society, going beyond normative debates. Furthermore, in the spirit of this year’s overall colloquium theme “Crossroads
for Organizations,” we seek to spotlight entrepreneurship’s effects on people’s identities and their interactions, considering
how time, space, and people become entangled with, within, and through entrepreneurship.
This sub-theme is
interested in fostering a conversation around the social effects of entrepreneurial capitalism, and we invite scholars to
submit empirical or conceptual work that relies on a variety of theoretical perspectives, including organization theory, entrepreneurship,
sociology, anthropology, urban studies, strategy, communications, as well as science and technology studies. Preference is
given to work that examines entrepreneurship in underrepresented empirical settings (Abid et al. 2022; Charman, Petersen,
and Govender 2020; Courpasson, Dany, and Martí 2016; Imas, Wilson, and Weston 2012; Kibler et al. 2022; Millar 2018; Pardo
1996; Ruebottom and Toubiana 2021). This could include, without being limited to, papers that address the following questions:
How does entrepreneurial capitalism involve, integrate, and exclude people across geographical spaces and with what effects on their identities?
How does entrepreneurship allow for, or prevent, individuals and social groups from transcending their own histories (particularly legacies of disadvantage and exclusion)?
How are imaginaries of entrepreneurship configured; how do they become enacted; what types of behavior become desired and celebrated, and which identity categories are privileged?
How do dominant imaginaries of entrepreneurship (e.g., high-growth, innovative, unicorn) manifest or alter systemic inequities?
Under what conditions does entrepreneurship reduce and/or exacerbate different forms of inequality?
How does entrepreneurial capitalism structure entrepreneurial organizations and organizing to address (but also exacerbate) grand challenges, such as climate change, inequalities, poverty, or health crises?
How does entrepreneurial capitalism evolve in response to increasing critiques originating from critical voices in popular media, policy circles, and academia?
How do different views of entrepreneurship reproduce – or challenge – gender, race, caste, and class privileges and shape/undo subordinated and precarious lives?
Do different types of entrepreneurship (e.g., technological, social, environmental, refugee) produce similar or different effects on society? How?
How do entrepreneurship’s effects on society differ by the context in which entrepreneurship unfolds (e.g., rural/urban; strong welfare/liberal states; global south/global north, etc.)?
What are the effects of entrepreneurship in society when viewed from different vantage points – such as different levels of analysis, over time, and comparatively?
What measures and methodologies can reliably assess the social effects of entrepreneurship?
How do conceptions of the self, actors, agency, and actorhood change as a result of the rise of entrepreneurship?
What can we learn about entrepreneurship’s performative character by studying it in new settings (e.g., extreme poverty, the sex industry, prisons, primary schools, refugee camps)?
What are the promises and limitations of entrepreneurship as a strategy for social change and transformation?
References
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