We start with a real-life story. A young lecturer has just returned to his office after teaching one of his favorite classes. In this class, he discussed the high risks associated with entrepreneurial action – that failure was a very real possibility. But importantly, and to quote from the textbook, “Businesses fail, but entrepreneurs do not. Failure is the fire that tempers the entrepreneur’s ...

The aim of this paper is to identify profiles young Colombian entrepreneurs based on data from the “Youth Entrepreneurship” survey developed by Youth Secretariat. Our research results show five entrepreneurs, mainly differentiated age and entrepreneurial motives, as well identification relevant skills, capacities, capabilities for entrepreneurship, such creativity, learning, leadership. sample ...

The aim of this study is to explore how entrepreneurship sustains the barriers in entrepreneurial process a developing country like Pakistan. To reach these findings, qualitative approach was used which semi-structured interviews were conducted with young entrepreneurs region Hyderabad, After collecting data, thematic analysis conducted. findings form final themes suggest that trust issues, fam...

improving employment opportunities for people and reducing the economic burden on government requires a broad and concentrated effort on private sectors.  private sector growth is a key engine for creation jobs. the major advantage of private sector is its employment potential at low capital cost. these sectors are the nursery of entrepreurship, often driven by individual creativity and innovat...

This paper presents new results obtained from investigating the data from a 2015 Vietnamese entrepreneurs' survey, containing 3071 observations. Evidence from the estimations using multinomial logits was found to support relationships between several sociocultural factors and entrepreneurship-related performance or traits. Specifically, those relationships include: (a) Active participation in e...

This paper provides generic guidelines for starting entrepreneurs. First, the basic features of a good business plan are addressed in a pattern language for creating an innovative business plan. Second, soft skills for starting entrepreneurs are discussed in a pattern language for interactions with ‘outside’ people, as these interactions are crucial for a validation and realization of a busines...

This paper studies a general equilibrium model of an economy with production under uncertainty in which firms’ capital (ownership) structures creates a moral hazard problem for their managers. The concept of an equilibrium with rational, competitive price perceptions (RCPP) is introduced, in which investors correctly anticipate the optimal effort of entrepreneurs by observing their financial de...

This paper argues that it is crucially important to differentiate between two very distinct sets of entrepreneurs: subsistence and transformational entrepreneurs. Recent evidence suggests that people engaging in these two types of entrepreneurship are not only very distinct in nature, but that only a negligible fraction of them transition from subsistence to transformational entrepreneurship. T...

in the current world, entrepreneurs are origin of great developments in industrial, servant and commercial contexts and are motivator of development. the main objective of this study was to explore and deeply explain the experiences of entrepreneurs about entrepreneurship phenomenon, as they perceive themselves. research method was qualitative in the way of phenomenology. population included su...

This study aims to determine financial knowledge and self-efficacy on management behavior. All respondents who were sampled in this young entrepreneurs started a business from the beginning as many 85 respondents, taking samples using non-probability sampling method with purposive technique. The data is processed Warp-Pls 7.0 based multiple regression. Financial have positive significant contri...