Research at the GCEI

Amend, Y. N., Ademi, P., Wood, M. S., & Schuhmacher, M. C. (2027). Co-founder selection from a marriage market perspective: How the dark triad shapes judgments of interpersonal attraction, resources, and equity demand. Journal of Business Venturing, 42(1), Article 106659. https://doi.org/10.1016/j.jbusvent.2026.106659

Ademi, P., Cabral, J. J., Han, S., Drover, W., & Graebner, M. E. (2026). Venture exits: A review and future research agenda. Journal of Management. Advance online publication. https://doi.org/10.1177/01492063261421962

Crivelli, J., Hess, M., Shepherd, D. A., & Wincent, J. (2026). A fish rots from the head down: How founders lead startup fraud. Journal of Management. Advance online publication. https://doi.org/10.1177/01492063261444594

Lekkas, H., Antretter, T., Blohm, I., Sirén, C., & Wincent, J. (2026). Appearance-based legitimate distinctiveness: Founder attractiveness, gender, and venture evaluations. Entrepreneurship Theory and Practice. Advance online publication. https://doi.org/10.1177/10422587261485961

Lekkas, H., Antretter, T., Souitaris, V., Shepherd, D. A., & Wincent, J. (2026, February). To crush the pitch, skip the suit. Harvard Business Review. https://hbr.org/2026/01/new-research-on-copycat-products-your-pitch-day-dress-code-when-hand-gestures-help-persuasion-and-more

Neckebrouck, J., & Zellweger, T. (2026). Decision-making in entrepreneurial teams with competing economic and noneconomic goals. Strategic Entrepreneurship Journal, 20(1), 20–48. https://doi.org/10.1002/sej.1524

Shepherd, D. A., Parida, V., Chase, S., & Wincent, J. (2026a). Are you looking at me? Orchestrating voyeuristic events to add value for those being observed. Academy of Management Journal, 69(5). https://doi.org/10.5465/amj.2024.1385

Shepherd, D. A., Parida, V., Chase, S., & Wincent, J. (2026b). Skin lightening: The process of exploiting colorism-based opportunities. Journal of Business Venturing, 41(5), Article 106618. https://www.sciencedirect.com/science/article/pii/S0883902626000480

Souitaris, V., Nicolaou, N., Waters, J., Shepherd, D. A., & Hashem, N. (2026). Does self-employment increase stress? A co-twin control analysis of Finnish and US twins. Journal of Business Venturing, 41(1), Article 106556. https://doi.org/10.1016/j.jbusvent.2025.106556

Stroe, S., Sirén, C., He, V. F., Burkhard, B., & Souitaris, V. (2026). Algorithmic facial expression analysis: A novel methodology to advance management research on emotions. Academy of Management Journal, 69(4). https://doi.org/10.5465/amj.2024.0826

Stroe, S., Sirén, C., & Vanacker, T. (2026). Crowd evaluations of entrepreneurs with physical disabilities: Stereotype subtyping through the lens of benevolent ableism. Entrepreneurship Theory and Practice. Advance online publication. https://doi.org/10.1177/10422587261444756

Ademi, P., Schade, P., & Schuhmacher, M. C. (2025). Situated attention and strategic leadership interfaces: The role of CEO humility and digital transformation urgency for corporate venture capital investments. Journal of Management Studies. Advance online publication. https://doi.org/10.1111/joms.13275

Antretter, T., Lekkas, H. W., Djokovic, D., Souitaris, V., & Wincent, J. (2025). Not what you expected to see? Obesity stereotypes, expectancy violations, and angel investment decisions. Journal of Business Venturing, 40(5), Article 106510. https://doi.org/10.1016/j.jbusvent.2025.106510

Chase, S., Shepherd, D. A., & Souitaris, V. (2025). The underbelly of entrepreneurship: A multilevel perspective of destructive entrepreneurship. Entrepreneurship Theory and Practice. Advance online publication. https://doi.org/10.1177/10422587251322403

Georgakakis, D., Souitaris, V., Cannella, A., Jr., Kalogeraki, O., & Peng, B. (2025). Changing ideological regimes: CEO succession with a shift in political ideology and new CEO early departure. Journal of Management Studies, 62(7), 2734–2769. https://doi.org/10.1111/joms.13142

Komba, N. M., Shepherd, D. A., & Wincent, J. (2025). Paddling against the tide: The micro-level strategies entrepreneurs employ to resist endemic corruption in Tanzania. Journal of Management, 51(7). https://doi.org/10.1177/01492063241259424

Scheef, C., & Zellweger, T. (2025). Ownership matters: How family control affects the value of board chair types after CEO successions. Journal of Management. Advance online publication. https://doi.org/10.1177/01492063251328256

Schreiber, R., Hess, M., Grichnik, D., Shepherd, D. A., Tobler, P. N., & Wincent, J. (2025). An attractiveness bias? How women entrepreneurs’ physical appearance affects men investors. Journal of Management, 51(7). https://doi.org/10.1177/01492063241249699

Spivack, A. J., Lahti, T., Burström, T., & Wincent, J. (2025). Legitimacy perceptions amid institutional pluralism: How hype over decoupled practices influences entrepreneurial ventures. Journal of Business Venturing, 40(4), Article 106505. https://www.sciencedirect.com/science/article/pii/S0883902625000333

Wesemann Lekkas, H., Antretter, T., Shepherd, D. A., & Wincent, J. (2025). Following in the footsteps of others: Social proof in angel groups. Entrepreneurship Theory and Practice. Advance online publication. https://doi.org/10.1177/10422587251315657

Wesemann Lekkas, H., Antretter, T., Souitaris, V., Shepherd, D. A., & Wincent, J. (2025). Appearing authentic: How dress formality influences perceived authenticity in investment evaluations. Journal of Management. Advance online publication. https://doi.org/10.1177/01492063251366209

Yang, M., Ehrnström-Fuentes, M., & Wincent, J. (2025). Big things from small beginnings: Creating and scaling community-based opportunities for sustainable small and local businesses. Journal of Business Venturing, 40(5), Article 106522. https://www.sciencedirect.com/science/article/pii/S0883902625000503

Andric, M., Hsueh, J. W. J., Zellweger, T., & Hatak, I. (2024). Parental divorce in early life and entrepreneurial performance in adulthood. Journal of Business Venturing, 39(3), Article 106390. https://doi.org/10.1016/j.jbusvent.2024.106390

Kibler, E., Sirén, C., Maresch, D., Salmivaara, V., & Fink, M. (2024). Aging and entrepreneurs’ emotional exhaustion: The role of entrepreneurial strategy, psychological capital, and felt age gap. Journal of Business Venturing, 39(5), Article 106418. https://www.sciencedirect.com/science/article/pii/S0883902624000405

Malmström, M., Burkhard, B., Sirén, C., Shepherd, D. A., & Wincent, J. (2024a). A meta-analysis of the impact of entrepreneurs’ gender on their access to bank finance. Journal of Business Ethics, 192(4), 803–820. https://doi.org/10.1007/s10551-023-05542-6

Malmström, M., Burkhard, B., Sirén, C., Shepherd, D. A., & Wincent, J. (2024b, April 12). Research: How to close the gender gap in startup financing. Harvard Business Review. https://hbr.org/2024/04/research-how-to-close-the-gender-gap-in-startup-financing

Shepherd, D. A., Seyb, S., & Souitaris, V. (2024). On the edge of destruction: An impaired-regulation model of destructive entrepreneurial action. Journal of Management, 50(2), 722–751. https://doi.org/10.1177/01492063221126710

Fink, M., Gartner, J., Harms, R., & Hatak, I. (2023). Ethical orientation and research misconduct among business researchers under the condition of autonomy and competition. Journal of Business Ethics, 183(2), 619–636. https://doi.org/10.1007/s10551-022-05043-y

Foss, N. J., Klein, P. G., Lien, L. B., Zellweger, T., & Zenger, T. (2023). Ownership competence: The enabling and constraining role of institutions. Strategic Management Journal, 44(8), 1955–1964. https://doi.org/10.1002/smj.3494

Haefner, N., Palmié, M., & Leppänen, P. T. (2023). With(out) a little help from my friends? Reconciling incongruous findings on stakeholder management, innovation, and firm performance. Entrepreneurship Theory and Practice, 47(1), 142–171. https://doi.org/10.1177/10422587211024497

Hodgkinson, G. P., Burkhard, B., Foss, N. J., Grichnik, D., Sarala, R. M., Tang, Y., & van Essen, M. (2023). The heuristics and biases of top managers: Past, present, and future. Journal of Management Studies, 60(5), 1033–1063. https://doi.org/10.1111/joms.12937

Lekkas, C.-K., & Souitaris, V. (2023). Bureaucracy meets digital reality: The unfolding of urban platforms in European municipal governments. Organization Studies, 44(10), 1649–1678. https://doi.org/10.1177/01708406221130857

Obschonka, M., Pavez, I., Kautonen, T., Kibler, E., Salmela-Aro, K., & Wincent, J. (2023). Job burnout and work engagement in entrepreneurs: How the psychological utility of entrepreneurship drives healthy engagement. Journal of Business Venturing, 38(2), Article 106272. https://doi.org/10.1016/j.jbusvent.2022.106272

Souitaris, V., Peng, B., Zerbinati, S., & Shepherd, D. A. (2023). Specialists, generalists, or both? Founders’ multidimensional breadth of experience and entrepreneurial ventures’ fundraising at IPO. Organization Science, 34(2), 557–588. https://doi.org/10.1287/orsc.2022.1581

Stephan, U., Rauch, A., & Hatak, I. (2023). Happy entrepreneurs? Everywhere? A meta-analysis of entrepreneurship and wellbeing. Entrepreneurship Theory and Practice, 47(2), 553–593. https://doi.org/10.1177/10422587211072799

Zellweger, T., & Zenger, T. (2023). Entrepreneurs as scientists: A pragmatist approach to producing value out of uncertainty. Academy of Management Review, 48(3), 379–408. https://doi.org/10.5465/amr.2020.0503

Blohm, I., Antretter, T., Sirén, C., Wincent, J., & Grichnik, D. (2022). It’s a peoples game, isn’t it?! A comparison between the investment returns of business angels and machine learning algorithms. Entrepreneurship Theory and Practice, 46(4), 1054–1091. https://doi.org/10.1177/1042258720945206

Burkhard, B., Sirén, C., van Essen, M., Grichnik, D., & Shepherd, D. A. (2022). Nothing ventured, nothing gained: A meta-analysis of CEO overconfidence, strategic risk taking, and performance. Journal of Management. Advance online publication. https://doi.org/10.1177/01492063221110203

Butticè, V., Collewaert, V., Stroe, S., Vanacker, T., Vismara, S., & Walthoff-Borm, X. (2022). Equity crowdfunders’ human capital and signal set formation: Evidence from eye tracking. Entrepreneurship Theory and Practice, 46(5), 1317–1343. https://doi.org/10.1177/10422587211026860

Shepherd, D. A., Maitlis, S., Parida, V., Wincent, J., & Lawrence, T. B. (2022). Intersectionality in intractable dirty work: How Mumbai ragpickers make meaning of their work and lives. Academy of Management Journal, 65(5), 1680–1708. https://doi.org/10.5465/amj.2019.0125

Shepherd, D. A., Osofero, M., & Wincent, J. (2022). A personal adversity model of justifying the costs of entrepreneurial action: The case of oil thieves in the Niger Delta. Journal of Business Venturing, 37(1). https://www.sciencedirect.com/science/article/pii/S0883902621000732

Zellweger, T., & Zenger, T. (2022). Entrepreneurs as scientists: A pragmatist alternative to the creation-discovery debate. Academy of Management Review, 47(4), 696–699. https://doi.org/10.5465/amr.2022.0163

Foss, N. J., Klein, P. G., Lien, L. B., Zellweger, T., & Zenger, T. (2021). Ownership competence. Strategic Management Journal, 42(2), 302–328. https://doi.org/10.1002/smj.3222

Hatak, I., & Zhou, H. (2021). Health as human capital in entrepreneurship: Individual, extension, and substitution effects on entrepreneurial success. Entrepreneurship Theory and Practice, 45(1), 18–42. https://doi.org/10.1177/1042258719867559

He, V. F., von Krogh, G., & Sirén, C. (2021). Expertise diversity, informal leadership hierarchy, and team knowledge creation: A study of pharmaceutical research collaborations. Organization Studies. Advance online publication. https://doi.org/10.1177/01708406211026114

He, V. F., von Krogh, G., Sirén, C., & Gersdorf, T. (2021). Asymmetries between partners and the success of university-industry research collaborations. Research Policy, 50(10), Article 104356. https://www.sciencedirect.com/science/article/pii/S0048733321001542

Schulze, W. S., & Zellweger, T. (2021). Property rights, owner-management, and value creation. Academy of Management Review, 46(3). https://doi.org/10.5465/amr.2018.0377

Shepherd, D. A., Souitaris, V., & Gruber, M. (2021). Creating new ventures: A review and research agenda. Journal of Management, 47(1), 11–42. https://doi.org/10.1177/0149206319900537

Antretter, T., Blohm, I., Sirén, C., Grichnik, D., Malmström, M., & Wincent, J. (2020, November). Do algorithms make better—and fairer—investments than angel investors? Harvard Business Review. https://hbr.org/2020/11/do-algorithms-make-better-and-fairer-investments-than-angel-investors

Antretter, T., Sirén, C., Grichnik, D., & Wincent, J. (2020). Should business angels diversify their investment portfolios to achieve higher performance? The role of knowledge access through co-investment networks. Journal of Business Venturing, 35(5). https://www.sciencedirect.com/science/article/pii/S088390261830781X

Hudecheck, M., Sirén, C., Grichnik, D., & Wincent, J. (2020a, March 9). How companies can respond to the coronavirus. MIT Sloan Management Review. https://sloanreview.mit.edu/article/how-companies-can-respond-to-the-coronavirus/

Hudecheck, M., Sirén, C., Grichnik, D., & Wincent, J. (2020b, April 17). Monitoring the COVID-19 crisis from space. MIT Sloan Management Review. https://sloanreview.mit.edu/article/monitoring-the-covid-19-crisis-from-space/

Shepherd, D. A., Johansson, J., Malmström, M., & Wincent, J. (2020). Rallying the troops and defending against sanctions: A government body breaking decision-making rules to fund entrepreneurial ventures. Journal of Management Studies, 57(2), 321–358. https://doi.org/10.1111/joms.12562

Shepherd, D. A., Saade, F. P., & Wincent, J. (2020). How to circumvent adversity? Refugee-entrepreneurs’ resilience in the face of substantial and persistent adversity. Journal of Business Venturing, 35(4), Article 105940. https://doi.org/10.1016/j.jbusvent.2019.06.001

Sirén, C., He, V. F., Wesemann, C. H., Jonassen, Z., Grichnik, D., & von Krogh, G. (2020). Leader emergence in nascent venture teams: The critical roles of individual emotion regulation and team emotions. Journal of Management Studies, 57(5), 931–961. https://doi.org/10.1111/joms.12563

Souitaris, V., Zerbinati, S., Peng, B. G., & Shepherd, D. A. (2020). Should I stay or should I go? Founder power and exit via initial public offering. Academy of Management Journal, 63(1), 64–95. https://doi.org/10.5465/amj.2017.0420

Stroe, S., Sirén, C., Shepherd, D. A., & Wincent, J. (2020). The dualistic regulatory effect of passion on the relationship between fear of failure and negative affect: Insights from facial expression analysis. Journal of Business Venturing, 35(4). https://www.sciencedirect.com/science/article/pii/S0883902618308243