[enter Abstract Body]The modern conditions of globalization and the expected long-term trends set all the countries of the world in front of special challenges. In addition to it, for all the countries having transitional economy it is very important to manage to develop the strong competitive...

The article proposes the concept of the interconnection of a knowledge-based economyand a green economy. It deals with the basic aspects of the systemic concept of the formation of knowledge based economy and the characteristics of the process of cognition and cultureas a factor are presented....

Emergence of entrepreneurs transpires on the opportunities emanate from social, economic, political and cultural environment. In India, entrepreneurship was confined to a handful of trading communities such as Jains, Marwaries, Parsis and Shetties. David McClelland (1966), in his experimental...

In most introductory textbooks on principles of economics, discussion of the theory or practice of entrepreneurship is almost entirely absent. This omission is striking, given the important role in economic growth that economists assign to the entrepreneur. While there are plausible explanations...

This is an original, hypothetical case study to be used for teaching quot;arithmetically aversequot; students of all ages. Chapter one has already been posted on SSRN. This chapter, a continuation of the quot;Robin Hood and His Outliers Saga, an Introduction to Basic Statistics,quot; illustrates...

This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182) and new venture teams (n=274) from a random sample of start-ups in innovative industries and test social capital use and its effects on firm performance. Our results reveal that...

Entrepreneurship education ranks highly on policy agendas in Europe and the US, but little research is available to assess its impacts. In this context it is of primary importance to understand whether entrepreneurship education raises intentions to be entrepreneurial generally or whether it...

One of the most salient and relevant dimensions of team heterogeneity is ethnicity. We measure the causal impact of ethnic diversity on the performance of business teams using a randomized field experiment. We follow 550 students who set up 45 real companies as part of their curriculum in an...

Previous empirical studies have shown that solo entrepreneurs benefit from having balanced skills: Jacks-of-All-Trades (JATs) are better entrepreneurs than specialists are. Nowadays however, the majority of entrepreneurs start up and run ventures together in teams. In this paper we test whether...

What is the effect of dispersed levels of cognitive ability of members of a (business) team on their teamś performance? This paper reports the results of a field experiment in which 573 students in 49 teams start up and manage real companies under identical circumstances. We ensured exogenous...