entrepreneurship

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.

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 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 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 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 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 report examines the current state of venture capital for women entrepreneurs interested in, and capable of, high-growth venturing. The Project explores the eight myths, or stereotypes, that have the potential to inhibit a womans chance of gaining access to equity capital. The report also outlines the potential implications of the apparent disparity between men- and women-owned ventures and their access to equity funding - and provides some key recommendations to encourage and facilitate equity investment in all entrepreneurial ventures.

The Maryland Technology Development Corp. and the Department of Business and Economic Developments first part of a two-phase study by the Johns Hopkins Institute for Policy Studies reviewed Maryland companies in each of six high-tech industry clusters identified by the Department of Labor: chemicals and energy; high tech machinery and instruments; defense and aerospace; biomedical and biotechnology; research and development; and information technology.

In this paper, the author presents a model on the micro-foundations of entrepreneurial behaviour in large traditional organizations. She proposes that entrepreneurial behaviour is largely affected by managers subjective interpretations of their supportive context and their set of cognitive and emotional characteristics.

This paper empirically assesses whether and for whom entrepreneurial activity creates value in a large traditional firm.