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Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new...
Persistent link: https://www.econbiz.de/10013043584
-order theory) where equity represents an inferior security. The latter has rational managers. It also contrasts traditional …
Persistent link: https://www.econbiz.de/10012925818
We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …
Persistent link: https://www.econbiz.de/10012709252
the higher rates of entrepreneurship observed in common law countries. …
Persistent link: https://www.econbiz.de/10012660131
similar characteristics. In a simple model of entrepreneurship, I show that estimates of mean and variance of returns to … entrepreneurship used by these previous studies are biased, as they are based on cross-sectional data and fail to account for the … entrepreneurship as experimentation and returns to entrepreneurship that are more attractive than established by previous research …
Persistent link: https://www.econbiz.de/10013031801
We present a theory of entrepreneurial behavior that explores the relationship between overconfidence and successful …
Persistent link: https://www.econbiz.de/10013032346
influencing those changes. This paper applies the Population Dynamics Theory on Entrepreneurial Survival Strategy observing the … were of paramount importance. As per population dynamics theory, in turbulent times when ecosystem is new, one should …
Persistent link: https://www.econbiz.de/10013148834
entrepreneurship, which is critical to the sustainability of a vibrant entrepreneurial ecosystem …
Persistent link: https://www.econbiz.de/10013246919
entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between … entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent …
Persistent link: https://www.econbiz.de/10013077338
For many growth-oriented entrepreneurial firms, the entrepreneur's time is one of the more salient resource constraint. Classifying the entrepreneurs' activities into four categories based on their revenue-related or process-related impact and short-term or long-term effects, we present a...
Persistent link: https://www.econbiz.de/10013079959