or convex over the total range of outcomes) appears to discriminate organizational behavior. Whereas the degree of risk …

We investigate whether risk seeking or non-concave utility functions can help to explain the cross-sectional pattern of … various existing and novel stochastic dominance criteria that account for the possibility that investors exhibit local risk … seeking behavior. Our results suggest that Markowitz type utility functions, with risk aversion for losses and risk seeking …

Social networks matter in the innovation processes of young and small firms, since ‘innovation does not exist in a … vacuum (Van De Ven, 1986: 601).’ The contacts a firm has could both generate advantages for further innovation and growth … to either the internal sources or the external contacts to trigger innovation. And when a conclusive study has been …

significantly associated with entrepreneurial innovativeness at the individual level. Furthermore, entrepreneurs in highly developed …

The knowledge spillover theory of entrepreneurship seeks to explain the sources of entrepreneurship and its … consequences with regard to economic performance. This paper extends this theory and links it to innovation performance. We propose … that a high rate of entrepreneurship facilitates the process of turning knowledge into innovative products while it has no …

In an attempt at a systematic theory of entrepreneurship, this paper connects various literatures, from economics and … business. In economics, there are many notions of entrepreneurship, some of which seem to contradict each other. For example …, there are notions of entrepreneurship as an equilibrating and as a disequilibrating force. In this paper, these differences …

We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their … start-up satisfaction. Our results identify a group of nascent entrepreneurs that “cannot get satisfaction†with their … start-up because they did not choose to become entrepreneurs out of free will, but out of long-term unemployment or a lack …