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In a game theoretical setting, this paper studies the entrepreneur's decision making by using a new financing opportunity referred to as crowdinvesting. In this model, the entrepreneur can collect money and advertise his innovative idea. However, crowdinvesting carries the risk of being copied...
Persistent link: https://www.econbiz.de/10011957777
: entrepreneurship support programmes play an important role in the development of the entrepreneurial ecosystem, creating an ideal …
Persistent link: https://www.econbiz.de/10012838849
Our theory of competitive advantage, namely the theory of entrepreneurial rent, posits that the firm's entrepreneurial orientation, their alertness, agility, absorptivity, and proactive adaptability, is a source of competitive advantage. The firm's entrepreneurial orientation sustained by the...
Persistent link: https://www.econbiz.de/10012951137
Since Baumol (1990), the economic literature distinguishes between two broad categories of entrepreneurship: productive … and unproductive entrepreneurship. This paper attempts to introduce a third category: indirectly (un …)productive entrepreneurship. We argue that profit seeking entrepreneurs will decide to allocate their talents to indirectly (un …
Persistent link: https://www.econbiz.de/10013005034
the cases of spin-offs and habitual entrepreneurs. In particular, the subject of unemployment-driven entrepreneurship is …
Persistent link: https://www.econbiz.de/10012712939
This paper investigates sources of risk-taking in "reward-based" ("pre-purchase") crowdfunding campaigns. While crowdfunding helps entrepreneurs to obtain feedback on market demand (next to raising money), it may lead to project discontinuation if not enough money is raised during the campaign....
Persistent link: https://www.econbiz.de/10013032257
This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...
Persistent link: https://www.econbiz.de/10014177940
This study investigates the effect of entrepreneurial orientation of firms on their performance considering the moderating role of organization structure in firms of the Kaveh industrial city. The executive managers of these firms (approximately 250 people) have formed the statistical society of...
Persistent link: https://www.econbiz.de/10014038181