entrepreneurship

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

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 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.

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 report from the National Commission on Entrepreneurship and the Center for Regional Economic Competitiveness is part of a preliminary research dedicated to understanding the growth of entrepreneurial development programs and the effect they have on the economy. The findings indicate that state and local governments are starting to develop entrepreneurship programs, but the past decades progress could be threatened by the looming fiscal crisis facing such states as Maine, Nevada and Pennsylvania.

The National Bureau of Economic Research study suggests the stimulation of entrepreneurial activity in a region with a small number of existing entrepreneurial companies is a difficult task. The study concludes that less-diversified companies, those focused on a single line of business for instance, spawn 19 percent more entrepreneurial ventures than do multi-faceted corporations.

The paper analyzes an entrepreneurs choice between private and public ownership in a setting in which management needs autonomy to optimally manage the firm. The report also explores the trade off between managerial autonomy and the cost of capital in a simple setting, while drawing new testable implications.

The paper connects various literatures from economics and business in an attempt to produce a systematic theory of entrepreneurship. It is proposed that different notions of entrepreneurship can be associated with different stages of that cycle.

The paper illustrates the basic principles of development agencies that are not invariable and specific structures, rather "ideal-typical" structures that assume particular aspects.

The author attempts to unify two approaches of modelling entrepreneurship to explain the equilibrium and actual number of entrepreneurs and the entry and exit rate of entrepreneurs simultaneously. It is concluded that periods of high entry and exit rates are positively correlated with periods of high unemployment.