Showing 1 - 10 of 46
This paper focuses on the development of entrepreneurial orientation (EO) after a management buy-out (MBO) and on the role played by venture capital firms in enhancing EO. It presents results of two exploratory case studies of divisional buy-outs with regard to their EO and the areas where the...
Persistent link: https://www.econbiz.de/10011242173
Recent discussions in decision sciences and behavioral economics stress the potential impact of affect on decision outcomes. In the present study, we conducted random-assignment experiments (N = 253) to investigate whether affect can cause temporary fluctuations in risk preferences. In...
Persistent link: https://www.econbiz.de/10010730990
Overconfidence has been identified as a source of suboptimal decision making in many real- life domains, and it often has far-reaching consequences. Here, we demonstrate a causal mechanism that leads to overconfidence and show a simple, effective remedy for it in an incentive-compatible...
Persistent link: https://www.econbiz.de/10010744432
The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of … entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … outcomes. We hypothesize that a high rate of entrepreneurship facilitates the process of turning knowledge into new …
Persistent link: https://www.econbiz.de/10010730854
entrepreneurship with its potential to set the economy on a higher growth path by supplying the products which consumers need and want …
Persistent link: https://www.econbiz.de/10010730860
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...
Persistent link: https://www.econbiz.de/10010730900
Using Global Entrepreneurship Monitor data for 29 countries this study investigates the (differential) impact of … several factors on female and male entrepreneurship at the country level. These factors are derived from three streams of … literature, including that on entrepreneurship in general, on female labor force participation and on female entrepreneurship …
Persistent link: https://www.econbiz.de/10010730943
Entrepreneurship has emerged as an important element in the organization of economies. This emergence did not occur … countries embrace entrepreneurial energy. This led to the political mandate to promote entrepreneurship. Hence, a clear and … organized view is needed of what the determinants and consequences of entrepreneurship are. The present contribution tries to …
Persistent link: https://www.econbiz.de/10010730945
aspects of the recent scientific literature on the relation between entrepreneurship and small business, on the one hand, and … pay a penalty in terms of forgone growth. It also pays attention to the Global Entrepreneurship Monitor (GEM), a new and …
Persistent link: https://www.econbiz.de/10010730954
, the concepts of uncertainty and risk are elaborated, as well as their relevance for entrepreneurship. An occupational … compensating pull of entrepreneurship in countries with low uncertainty avoidance may have gained momentum in recent years. Third …
Persistent link: https://www.econbiz.de/10010730993