We define cultural entrepreneurship as the process of storytelling that mediates between extant stocks of entrepreneurial resources and subsequent capital acquisition and wealth creation. We propose a framework that focuses on how entrepreneurial stories facilitate the crafting of a new venture identity that serves as a touchstone upon which legitimacy may be conferred by investors, competitors...

Using the Cultural Revolution of China as a quasi-experiment, this paper analyzes the long-run impact of interrupted education in the midst of economic transition with booming opportunities that highly reward education quali…cations. We focus on the remedial human capital investment decisions taken by individuals whose education has been interrupted by this shock. We …nd substantial increases i...

“Social capital” can be considered to be the product of co-operation between various institutions, networks and business partners. It has potential as a useful tool for business ethics. In this article we identify categories pertinent to the measurement of social capital in small and medium sized enterprises (SMEs). By drawing on three different sectors, one business-to-business service, one bu...

one of the reasons that companies avoid paying their taxes is that they choose to use debts for their funding. in other words, tax saving, an activity of companies to avoid taxpaying, can be used to finance corporate projects. furthermore, since institutional owners are more inclined to supervise, they may shrink managerial behaviors to avoid taxpaying. in this study, institutional owners’ supe...

Received: 22 December 2004 Revised: 29 August 2005 2nd Revision: 14 November 2005 Accepted: 21 November 2005 Abstract This study examines cross-cultural differences beliefs related to e-commerce use for Italy and the United States. We argue that for both cultures, the user’s decision to make an online purchase is simultaneously influenced by a set of contrary factors. These include decision fac...