This article analyses the decision-making process of venture capitalists and examines the uncertainty they encounter in evaluating investment proposals. Based on the economics of information we identify different degrees of uncertainty in the course of the investment process. Empirical results...

Most individuals find their way into entrepreneurship through combinations of self-employment and paid employment. However, prior research on entrepreneurial intentions has overlooked intended career transitions. Drawing on social cognitive career theory, we argue that, against the background of...

When acting as an intermediary, corporate venture capital (CVC) units must balance two different institutional settings: the rigid corporate world and the advancing startup ecosystem. As a result, CVC units are faced with multiple voids that influence their organizational orientation toward one...

Purpose – Non-entrepreneurial passions may be the beginning of an extensive entrepreneurial journey. However, current passion theories cannot fully capture the essence of such passions and their effects. The purpose of this study is to explore and explain the real-life composition of passion...

The role of personality traits as predictors of entrepreneurial intention and success has been widely researched. This article investigates the personality traits of top athletes practising low-risk and high-risk sports and, based on the person–job fit theory, compares them to the personality...

Purpose: Opportunity recognition and opportunity exploitation are two central concepts in the entrepreneurial process. However, there is a lack of both a clear specification of the content domains of the constructs and valid and reliable multi-item scales for their measurement....

Taking account of prior entrepreneurial experience, this study explores how the perceived cause of business failure influences an entrepreneur's decision to start another business or to abandon entrepreneurship. Using Qualitative Comparative Analysis, we find that the attributional dimensions of...

Small business management and entrepreneurship are clearly related phenomena but certainly not synonymous. We seek to capture and disentangle this complex relationship between both fields by employing a large-scale survey of small business and entrepreneurship scholars and a content analysis of...

The current research addresses the question of how policymakers might design specific components of economic freedom (EF) to most effectively encourage high levels of entrepreneurial activity (EA). Given that entrepreneurship is a multifaceted phenomenon, the study analyzes the effects of four...

We analyse the effects of culture, economic freedom and well-being on entrepreneurial activity (EA). We employ a fuzzy-set qualitative comparative (fsQCA) analysis to identify previously unknown combinations of predictors of EA in 23 innovation-driven economies. The analysis differentiates...