A major shift in the organization of developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy, or what Kirchhoff (1994) has called dynamic capitalism. In particular, the empirical evidence provides consistent...

This contribution aims to answer the question what we know about social entrepreneurship by summarizing the current state of knowledge. It first provides a broad description of what social entrepreneurship is. Next, a conceptual overview is given of different perspectives on social...

Arguing that entrepreneurial exit is an indicator of accumulated entrepreneurial human capital (like ability and experience) we investigate whether such an exit in the recent past positively relates to posterior engagement in various stages of the entrepreneurial process (i.e. potential,...

This paper deals with explaining the sizable differences in the rate of self-employment (business ownership) across 15 European countries in the period 1978-2000, within a framework of occupational choice, focusing on the influence of dissatisfaction and of per capita income. Using two different...

This paper investigates the dynamic interrelationship between self-employment and unemployment rates. On the one hand, unemployment rates may stimulate start-up activity of self-employed. On the other hand, higher rates of self-employment may indicate increased entrepreneurial activity reducing...

The study of the determinants of entrepreneurship at the country level has been domi-nated by economic influences. The relative stability of differences in levels of entrepreneurship across countries suggests that other forces such as certain institutional and/or cultural factors are at play....

This exploratory study focuses on the convention from nascent to actual entrepreneurship and the role of entry barriers in this process. Evidence is found for a strong conversion from nascent to actual entrepreneurship. Also positive effects are found on entrepreneurial activity rates of labour...

The determinants of latent (i.e., desired) and actual entrepreneurship are analysed in two ways with nearly 8,000 observations from the 2004 “Flash Eurobarometer survey on Entrepreneurship” covering the 25 European Union member states and the United States. Both methods lead to new and...

In this paper we examine the relationship, across 39 countries, between regulation and entrepreneurship using a new two-equation model. We find the minimum capital requirement required to start a business lowers entrepreneurship rates across countries, as do labour market regulations. However...

The primary purpose of this study is to examine and explain differences in the professional HRM practices between family and non-family owned and managed firms. We present a model concerning direct and indirect effects of family firm characteristics on the use of professional HRM practices. We...