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Rethinking necessity entrepreneurship beyond binaries and toward communalism: A commentary on Coffman et al.’s “Leaving necessity entrepreneurship behind”

Reading the entrepreneurship literature can feel like studying material physics. A thin, highly visible top layer of entrepreneurial activity draws most scholarly attention, largely because it meets our filters of formal registration, noticeable size, data availability, and public traceability. Beneath this surface, however, lies an expansive an…

Social Innovation
By Katrin M. Smolka, Sophie Bacq and Pursey Heugens
in Academy of Management Review
11 November 2025, ePub before print, https://doi.org/10.5465/amr.2025.0446
Rethinking necessity entrepreneurship beyond binaries and toward communalism: A commentary on Coffman et al.’s “Leaving necessity entrepreneurship behind”
By Katrin M. Smolka Sophie Bacq and Pursey Heugens
in Academy of Management Review 11 November 2025, ePub before print, https://doi.org/10.5465/amr.2025.0446
Summary
Reading the entrepreneurship literature can feel like studying material physics. A thin, highly visible top layer of entrepreneurial activity draws most scholarly attention, largely because it meets our filters of formal registration, noticeable size, data availability, and public traceability. Beneath this surface, however, lies an expansive an…
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Article
Is the next financial crisis lurking in the shadows? 

The shadow banking system is back in the spotlight. Hedge funds and private credit vehicles are huge in size and their ties to banks have deepened to the point that trouble in that market could jolt the wider financial system, regulators are warning. Moody’s Analytics is among those sounding the alarm. In the summer, it published a study saying …

Finance
By Arturo Bris
in The National
11 November 2025
Is the next financial crisis lurking in the shadows? 
By Arturo Bris
in The National 11 November 2025
Summary
The shadow banking system is back in the spotlight. Hedge funds and private credit vehicles are huge in size and their ties to banks have deepened to the point that trouble in that market could jolt the wider financial system, regulators are warning. Moody’s Analytics is among those sounding the alarm. In the summer, it published a study saying …
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Research Information & Knowledge Hub for additional information on IMD publications