Many scholars ask—either implicitly or explicitly—why anyone should study entrepreneurship. Data are difficult to obtain, theory is underdeveloped, and many findings to date are the same as those obtained in other areas of business, although differences in legitimacy and value as well as in the practical and theoretical importance of studying entrepreneurship exist. However, since the publicati...

We explore whether the tendency for smaller firms to have fewer hierarchical layers explains the well‐documented inverse correlation between firm size and the rate at which employees become business owners. Our analysis is based on a Swedish matched employer‐employee dataset. Conditional on firm size, employees in firms with more layers are less likely to enter entrepreneurship, to become self‐...

The current neoclassical synthesis of economic theory does not contain a role for the entrepreneur and entrepreneurial activity. In this paper we argue that such a role can be reintroduced into the economic foundations of strategy by adopting a subjectivist theory of entrepreneurship. A subjectivist theory focuses on individuals (subjects), on their knowledge, capabilities, and resources, and o...

EXECUTIVE SUMMARY Why are intentions interesting to those who care about new venture formation? Entrepreneurship is a way of thinking, a way of thinking that emphasizes opportunities over threats. The opportunity identification process is clearly an intentional process, and, therefore, entrepreneurial intentions clearly merit our attention. Equally important, they offer a means to better explai...

This paper reviews 51 international entrepreneurship articles gleaned from the ABI / Inform database of business citations. It divides the articles into four categories: (a) individual entrepreneurs and their traits, (b) entrepreneurial processes, (c) environmental factors, and (d) small and entrepreneurial ventures. It suggests that there is much room for further research, particularly in cros...

As creativity is increasingly recognised as a vital component of entrepreneurship, researchers and educators struggle to reform enterprise pedagogy. To help in this effort, we use a personality test and open-ended interviews to explore creativity between two groups of entrepreneurship masters’ students: one at a business school and one at an engineering school. The findings indicate that both g...

Governments around the world have begun to look to small-and medium-sized enterprises (SMEs) as sources of employment and economic growth for their domestic economies. However, neither public policy makers nor researchers have a solid understanding of which government policies are most likely to be most effective. We examined government policies towards entrepreneurship in three Latin American ...

The current dynamic and turbulent business environment has forced companies that are competing in global markets to change their traditional methods of conducting business. Recent developments in applying Information Technology (IT) offer the most exciting business opportunities in the marketplace. Organizations must re-evaluate every aspect of their strategies and quickly move to a working mod...