Kirzner’s (1973) theory of entrepreneurship emphasizes the equilibrating role of entrepreneurship. When the market is not in equilibrium, profit opportunities exist, and entrepreneurs discover and act on these profit opportunities to equilibrate the market. Because Kirzner focuses on entrepreneurial actions when profit opportunities exist, and does not describe where they come from, one could i...

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting traits generated an evolution...

This paper is to elaborate and develop an alternative framework for the study of technological innovation systems. Compared with conventional literature, this analytical framework is designed for entrepreneurs, i.e. actors, at the micro level rather than policy makers at the meso or macro level. The socalled entrepreneurial innovation system is conceptually refined by synthesizing knowledge reg...

This paper considers how marketing can be made more appropriate in entrepreneurial contexts by proposing a conceptual model of the processes of marketing as undertaken by entrepreneurs. Although marketing is a key factor in the survival and development of business ventures, a number of entrepreneurial characteristics seem to be at variance with marketing according to the textbook. These include...

the economic and social development is not only in demand of job hunters who fit in with certain positions but also needs badly the job creators who develop new job opportunities through setting up their own business. The popularization of higher education has put forward new requirements on traditional application talents. According to this, to carry out the entrepreneurial education in the un...

Strategy is not what it used to be. To compete effectively, large businesses must respond quickly, creatively and innovatively to develop an entrepreneurial environment to assist this response. Strategic leadership is crucial to develop the organizational environment needed to increase the entrepreneurial orientation in established businesses. The purpose of this paper is to determine if the sa...

With the development of society, high-level applied students have been an urgent demand and the quality of entrepreneurial education of postgraduate has attracted more and more attention. Based on the requirements of universities society and enterprise for the comprehensive ability of postgraduate, we proposed the evaluation index system and used AHP-fuzzy comprehensive evaluation approach, whi...

This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to the overall inequality in Greece. It is also shown that there is a weak redistributive impact of taxes and social security contributions and this is mainly at...

Despite all efforts made by political agents to reduce the gap between regions with a high level of economic activities and those with a considerably lower one, an uneven distribution of regional success and development can be observed. For example, in Germany, there is a decline in economic activities, like innovations, employment or start-ups rates, from the south to the north and in addition...

regarding the importance of small & medium enterprises (smes) in economical and social growth process as well as the special attention of planners and policy-makers to this significant issue, it is necessary to take radical initiatives to improve the conditions of different enterprises. in various studies, connoisseurs and researchers have found that unchallengeable treatment of making small & ...