Considerable debate surrounds the concept of entrepreneurial opportunities, according to the authors. This paper contributes to the discussion by bringing in concepts and findings from evolutionary economics.
According to the article, the 2002 Survey of Business Owners, released by the U.S. Census Bureau this past July, shows—not unexpectedly—that business ownership rates are far lower for Indians than for Americans as a whole. What is surprising,the article states, is the growth trend of Indian-owned businesses. From 1997 to 2002, in Minnesota, North Dakota, South Dakota and Wisconsin, the growth in numbers of Indian-owned firms was notably higher than growth for firms in general.
This paper uses a panel approach to examine the effect that the government-policy environment has on the level of entrepreneurship. Specifically, the authors investigate whether marginal income tax rates and bankruptcy exemptions influence rates of entrepreneurship.
The author previously joined other voices in noting the virtual expulsion of the entrepreneur from the contemporary mainstream literature of economics. In addition, he also has joined the call for the restoration of the entrepreneurs’ place in the theory, given the fact that no one seems to deny their importance for the workings of the free-market economy in general and for its growth and innovation in particular. Here, the author begins by offering his own explanations for the entrepreneur’s exclusion.
This study utilizes a human capital framework to explore whether business ownership experience is associated with the number of business opportunities identified, the number of identified opportunities that are pursued, and the nature of those opportunities.
The objective of this article is to explore potential and realized serial entrepreneurship. Based on three disciplines - psychology, labour economics, and the sociology of careers - the authors formulate propositions to explain (potential) serial entrepreneurship. Results show that the determinants of restart intention (potential serial entrepreneurship) and actual restart realization (realized serial entrepreneurship) are different.
This report examines start-up activity levels in the US. A steady re-acceleration of entrepreneurial activity since the downturn of 2001 has virtually restored early-stage entrepreneurship to 2000 levels. Also aspiring entrepreneurs in the United States are overwhelmingly focused on the pursuit of opportunity (versus necessity) as their principle motivation.
The authors use an Entrepreneurial Intention Questionnaire to measure entrepreneurial intentions in a sample of students from different Spanish universities. Results show that external variables affect intention and, as a result actual entrepreneurial behaviour.
The first global study of high expectation entrepreneurship has found that just 9.8% of the worlds entrepreneurs expect to create almost 75% of the job generated by new business ventures. The report defines high expectation entrepreneurship as all start-ups and newly formed businesses which expect to employ at least 20 employees within five years. These ventures have far reaching consequences for the economies in which they operate, particularly because of their impact on job creation and innovation.
This paper suggests that the spillover of knowledge may not occur automatically as has typically been assumed in models of endogenous growth. In this paper, entrepreneurship is identified as one such mechanism facilitating the spillover of knowledge. Using a panel of entrepreneurship data for 18 countries, empirical evidence is found that in addition to measures of R&D and human capital, entrepreneurial activity also serves to promote economic growth.