entrepreneurship

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.

The report released by the Kauffman Foundation finds that African-Americans are 50 percent more likely to start a business than whites and ten million American adults are involved in the process of starting nearly six million potential new businesses at any one time. Four critical questions are addressed in the study that tracks emerging entrepreneurs as they progress through the entrepreneurial process.

The study from the Minnesota Department of Trade and Economic Development reports an intriguing potential source of new entrepreneurial energy seems to exist among recently laid-off workers. The analysis examined data from 5,420 workers who participated in the states Dislocated Worker Program in 2001 and suggests that policymakers can encourage entrepreneurship by recognizing it as a realistic option for dislocated workers.

The report provides an extensive review of the role of public policy during the “entrepreneurial revolution” of the past 40 years. The report recommends that policymakers execute an action plan to address specific issues that will expand and extend the entrepreneurial economy.

The paper demonstrates that recent results suggesting a positive relationship between banking regulation and entrepreneurship are very sensitive to estimation assumption. When heteroscedasticity and autocorrelation are corrected for, branching deregulation is shown to have no effect and the estimated effect of interstate banking deregulation is reduced by nearly two thirds.

The Global Entrepreneurship Monitor 2001 assessment reports that interest by would-be entrepreneurs to start new businesses declined in 2001 as the economic recession and lingering effects of the dot.com crash dampened enthusiasm for launching new ventures. The trend is expected to continue for the near term with a strong rebound later in the year.

The National Commission on Entrepreneurship study offers suggestions on how policymakers can help stimulate the creation and growth of new businesses in their local areas. The guide addresses several myths and offers a definition for the role of todays entrepreneurs and how they affect the local economy. The report also recommends polices and programs for the business sector.

The authors review recent empirical research on two critical aspects of entrepreneurial enterprises: (i) to what extent do the owners of such enterprises face constraints in capital markets, and (ii) how do entrepreneurs react to changes in their personal income tax situations?

The study analyzes 1,100 entrepreneurial businesses across nine different industries in 17 countries and serves to reaffirm the lessons of the recent dot.com crash in the U.S., suggesting that growth alone is not a key to long-term business success.