Research focus entrepreneurship Our research bases on a process perspective on entrepreneurship and focuses on creating, identifying, evaluating, and exploiting entrepreneurial opportunities. Further, it is theory-driven, evidence-based, and published in high-ranked scientific entrepreneurship and management journals. We cooperate with leading experts of the research field and provide key implications for students, researches, entrepreneurs, and companies. Based on an entrepreneurial decision-making perspective, our center does research on Entrepreneurial Finance, Entrepreneurial Strategy, Experimental Entrepreneurship, Technology Entrepreneurship, Social Entrepreneurship, and Corporate Entrepreneurship. At this, we maintain manifold co-operations with international leading business schools, universities, and technical universities. Current research projects in collaborations with our partners are SNF research project - "Antecendents, Processes, and Consequences of Business Model Design in Technology Ventures" - in cooperation with EPFL Lausanne The Swiss Start-up Monitor - an initiative with the University of Basel and ETH Zurich to quantify and monitor the Swiss start-up landscape. Building on our research insights, we teach entrepreneurial thinking and promote entrepreneurial action. We base our work on international standards in research and education, further the state-of-the-art in the research domain and foster start-ups at the University of St.Gallen. Through our ongoing cooperations with practitioners we refer to the entrepreneurial reality in all fieds of activities. Representative publications Baierl, R., Anokhin, S., & Grichnik, D. (2016). Coopetition in corporate venture capital: The relationship between network attributes, corporate innovativeness, and financial performance. International Journal of Technology Management, 71(1-2), 58-80. Brinckmann, J., Dew, N., Grichnik, D., Mayer-Haug, K. & Read, S. (2018). Of Those Who Plan: A Meta-Analysis of the Relationship between Human Capital and Business Planning in SMEs. Long Range Planning, 52(2), 173-188. Brinckmann, J., Grichnik, D., & Kapsa, D. (2010). Should entrepreneurs plan or just storm the castle? A meta-analysis on contextual factors impacting the business planning-performance relationship in small firms. Journal of Business Venturing, 25(1), 24-40. Dew, N., Grichnik, D., Mayer‐Haug, K., Read, S., & Brinckmann, J. (2015). Situated entrepreneurial cognition. International Journal of Management Reviews, 17(2), 143-164. Freiburg, M. & Grichnik, D. (2012). Institutional investments in private equity funds: Social ties and the reduction of information asymmetry. Venture Capital, 14(1), 1-26. Grichnik, D., Brinckmann, J., Singh, L., & Manigart, S. (2014). Beyond environmental scarcity: Human and social capital as driving forces of bootstrapping activities. Journal of Business Venturing, 29(2), 310-326 Grichnik, D., Smeja, A., & Welpe, I. (2010). The importance of being emotional: How do emotions affect entrepreneurial opportunity evaluation and exploitation?. Journal of Economic Behavior and Organization, 76(1), 15-29. Haug, K., Read, S., Brinckmann, J., Dew, N., & Grichnik, D. (2013). Entrepreneurial talent and venture performance: A Meta-analytic investigation in SMEs. Research Policy, 42(6-7), 1251-1273. He, V. F., Sirén, C., Singh, S., Solomon, G., & von Krogh, G. (2017). Keep calm and carry on: Emotion regulation in entrepreneurs’ learning from failure. Entrepreneurship Theory and Practice, 42(4), 605-630. doi: 10.1111/etap.12273 Markowska, M., Grichnik, D., Brinckmann, J., & Kapsa, D. (2018). Strategic orientations of nascent entrepreneurs: antecedents of prediction and risk orientation. Small Business Economics, 1-20. doi:10.1007/s11187-018-0107-4 Palmié, M., Huerzeler, P., Grichnik, D., Keupp, M.M., & Gassmann, O. (2018). Some principles are more equal than others: Promotion- vs. prevention-focused effectuation principles and their disparate relationships with entrepreneurial orientation. Strategic Entrepreneurship Journal, 13, 93-117. doi: https://doi.org/10.1002/sej.1305 Sirén, C., Hakala, H., Wincent, J., & Grichnik, D. (2017). Breaking the routines: Entrepreneurial orientation, strategic learning, firm size, and age. Long Range Planning, 50(2), 145-167. Sirén, C., Patel, P. C., Örtqvist, D., & Wincent, J. (2018). CEO burnout, managerial discretion, and firm performance: The role of CEO locus of control, structural power, and organizational factors. Long Range Planning, 51(6), 953-971. Thiess, D., Sirén, C., & Grichnik, D. (2016). How does heterogeneity in experience influence the performance of nascent venture teams?: Insights from the US PSED II study. Journal of Business Venturing Insights, 5, 55-62. Thorgren, S., Sirén, C., Nordström, C., & Wincent, J. (2016). Hybrid entrepreneurs' second-step choice: The nonlinear relationship between age and intention to enter full-time entrepreneurship. Journal of Business Venturing Insights, 5, 14-18. Welpe, I., Spörrle, M., Grichnik, D., Michl, T., & Audretsch, D. (2012). Emotions and opportunities: The interplay of opportunity evaluation, fear, joy, and anger as antecedent of entrepreneurial exploitation. Entrepreneurship Theory and Practice, 36(1), 69-96. Villanueva, J., Grichnik, D., Brinckmann, J., & Singh, L. (2018). Sources of Strategic Flexibility in New Ventures: An Analysis of the Role of Resource Leveraging Practices. Strategic Entrepreneurship Journal, 1-30.