The concept of entrepreneurial ecosystems has been used as a framework to explain entrepreneurial activities within regions and industrial sectors. Despite the usefulness of this approach, the concept is under-theorized, especially with regard to the evolution of entrepreneurial ecosystems. The...

The entrepreneurial venture -- Creativity and market viability -- Industry and competitive analysis -- New venture marketing -- The financial plan -- Cash flow management -- The founder and the new venture team -- Forms of ownership -- The business plan -- Equity capital -- Debt and alternative...

Since the mid-1970s, firm entry rates in the United States have declined significantly. This also holds for other OECD countries over the past years. At the same time, these economies experienced a gradual process of population aging. Applying a tractable life-cycle model with endogenous firm...