The report gauges Pennsylvania’s entrepreneurial position and provides the basis for continued improvement strategies. It is divided into the five stages of the business lifecycle: concept, formation, growth, maturity, and reinvention. In describing these stages, the report outlines the needs of companies at each stage and provides insight as to which Pennsylvania TBED organizations may help firms to meet those needs.
The authors study the labour market behavior of employed individuals that have entrepreneurial aspirations in addition to aspirations to switch job. Findings indicate that varied experience and job dissatisfaction are directly related to the probability of having entrepreneurial aspirations and aspirations to switch job, while job tenure is inversely related to them.
Michie P. Slaughter, chairman of the Kauffman Center for Entrepreneurial Leadership, reviews the keys he learned during his 17-year career as vice president of human resources and member of the board of Marion Laboratories.
The Kauffman Index of Entrepreneurial Activity is the first study to measure business start-up activity for the entire U.S. adult population at the individual owner level. The data are derived from the monthly Current Population Survey, a national population survey conducted by the U.S. Bureau of the Census and the Bureau of Labor Statistics.
The paper reviews and evaluates the current status of research dealing with entrepreneurship, social capital and trust. The proposed framework rests on the recognition that entrepreneurial activities are results of social interactions and mechanisms.
The paper emphasizes the interplay between subsidiary entrepreneurship and the subsidiarys competitive environment—it shows how certain subsidiary attributes emerge as a function of these factors, and how they ultimately affect the performance of the subsidiary. Specific hypotheses are developed and tested on 24 Multinational Subsidiaries in Scotland.
Drawing from entrepreneurship theory, the author proposes an alternative perspective from which to approach country risk. By focusing on both the downside and upside elements of country risk, strategies may be devised to harvest upside volatility while containing downside volatility.
The paper reports the results of a panel data study among a representative sample of 6,111 young U.S. citizens who have been interviewed on a regular basis over a period of about two decades. Findings reveal that internality affects earnings positively, that this effect is stronger for entrepreneurs, and that education positively interacts with internality
The returns to education (RTE) for entrepreneurs, unlike for employees, have not yet been estimated by methods coping with the potential endogeneity problem. The authors estimate the RTE for entrepreneurs and employees while testing for and coping with this problem.
The effect of foreign-owned companies on entrepreneurial survival in the Finnish business sector is analyzed by using a new, exceptionally rich linked data on employees, entrepreneurs and their companies. According to the results, foreign-owned companies crowd out local entrepreneurship.