This paper focuses on differences in male and female early-stage entrepreneurship in Hungary, Croatia and Slovenia. The analysis was performed on two levels: cross-country analysis and inter-country analysis. The paper focuses on three main characteristics of early-stage entrepreneurial activity among adults: entrepre-neurial capacity, analysed through entrepreneurial awareness and risk aversio...

ear Editor, As we know, individual differences play an important role in entrepreneurship ability (Zhao & Seibert, 2006). Some studies have found significant correlations between individuals' personality and entrepreneurship (White, et. al., 2006, 2007; Furnham and Nederstrom, 2010). Personality characteristics such as tolerance for risk, preference for autonomy, and innovativeness are importan...

The influence of the industrial sector is a longstanding assumption in entrepreneurship studies, yet the mechanisms through which the industrial sector shapes entrepreneurial phenomena and the processes through which entrepreneurial actors interact with sectors to prospect, develop and exploit entrepreneurial opportunities remain largely under-theorized and little understood. We critically re-e...

In this introduction to the Handbook of Entrepreneurial Cognition, we briefly review recent developments in social cognition and entrepreneurial cognition and the context in which these developments have arisen. Firstly, we present a high-level historical review of research done in social cognition more generally. Secondly, we review the roots of entrepreneurial cognition and the current state ...

In a large sample of entrepreneurs, 2D:4D (second-to-fourth digit) ratio and managerial performance are studied. Entrepreneurs with lower ratio manage larger firms, manage larger firms when acquire control and experience faster average growth. Firms run by high prenatal testosterone entrepreneurs have lower profitability as measured by return on assets and return on sales. Prenatal testosterone...

The aim of this paper is to provide a description of the entrepreneurial dynamics within the industrial district (henceforth: ID) model. The main background premises refer to the relevance of the division of labour for the entrepreneurial development of a region and to the roles played by intangible resources (as social capital and human capital) in such processes. In particular, the work accor...

The pervasiveness of the entrepreneurial phenomenon attracts the attention on the determinants of the decision of becoming entrepreneur. As the entrepreneurial decision can be additionally conceived as firm entry, as a real business investment in the creation of a new business and as a career choice in favour of self-employment, the literature about entrepreneurship is integrated with industria...

W examine whether the likelihood of entrepreneurial activity is related to the prior career experiences of an individual’s coworkers, using a unique matched employer–employee panel data set. We argue that coworkers can increase the likelihood that an individual will perceive entrepreneurial opportunities as well as increase his or her motivation to pursue those opportunities. We find that an in...

Drawing on the theory of planned behaviour, this study tests the effect of entrepreneurship programmes on the entrepreneurial attitudes and intentions of science and engineering students. This is necessary in order to confirm (or disconfirm) conventional wisdom that entrepreneurship education increases the intention to start a business. The results show that the programmes raise some attitudes ...

We develop a dynamic incomplete-markets model of entrepreneurial firms, and demonstrate the implications of nondiversifiable risks for entrepreneurs’ interdependent consumption, portfolio allocation, financing, investment, and business exit decisions. We characterize the optimal capital structure via a generalized tradeoff model where risky debt provides significant diversification benefits. No...