We investigate which countries have the highest potential to achieve entrepreneurial progress. This progress is defined using an entrepreneurial ladder with five successive steps: “never thought about starting a business”, “thinking about starting a business”, “taking steps to start a...

Eine Quelle von Wettbewerbsvorteile ist die Problemlösungsgeschwindigkeit, da diese die Fähigkeit fördert, innovative Produkte in immer kürzeren Zeitspannen zu entwickeln. Effectuation als Logik unternehmerischen Entscheidungsverhaltens beschreibt Prinzipien, anhand derer Entscheidungen in...

The founder (team)ś human capital is a vital determinant of future firm performance. This is a stylized fact. Less is known about the effect of the human capital of the initial workforce hired by the founder(s). We study the performance consequences of a founderś choice of the initial...

The founder (team)'s human capital is a vital determinant of future firm performance. This is a stylized fact. Less is known about the effect of the human capital of the initial workforce hired by the founder(s). We study the performance consequences of a founder's choice of the initial...