This paper discusses the characteristics and determinants of entrepreneurial behaviour in Uganda. It is based on a recent survey of urban and rural entrepreneurs, executed in May 2008. The main dependent variables are business success, gestation activities and innovative performance. The paper focuses in particular on the interplay of human and social capital in determining entrepreneurial perf...

The nascent literature on the political consequences of technological change studies either left-behind voters or successful technology entrepreneurs (“superstars”). However, it neglects large ...

Crowdfunding provides a new opportunity for entrepreneurs to launch ventures without having to rely on traditional funding mechanisms, such as banks and angel investing. Despite its rapid growth, we understand little about how crowdfunding users build ad hoc online communities to undertake this new way of performing entrepreneurial work. To better understand this phenomenon, we performed a qual...

This research-in-progress paper presents a research project that aims at developing, piloting and evaluating a crowdfunding platform to support financing for start-ups emerging from university. Currently, universities' own financial resources to support setting up businesses from universities are limited. Universities' business foundation consultancy can often only intermediate between entrepre...

We analyze how entrepreneurial opportunity cost conditions performance. Departing from the common practice of using survival as a measure of entrepreneurial performance, we model both failure and cashout (liquidity event) as conditioned by the same underlying process. High-opportunity-cost entrepreneurs prefer a shorter time to success, even if this also implies failing more quickly, whereas en...

Innovation became important years ago when people became interested in the dynamic underlying economic development and growth. And innovation has been intimately intertwined with entrepreneurship. Joseph Schumpeter, writing in the early 20 C, argued that innovation is central to economic development; he regarded entrepreneurs as innovators engaged in a process of creative destruction, destroyin...

Abstract This paper extends research on innovating firms’ access to finance in the creative industries. While we know that entrepreneurial firms experience barriers applying for funding and difficulties securing positive outcomes, prior studies have shown may use patents signal innovative quality potential investors. Yet these typically focus R&D-oriented innovation ‘traditional’ technologi...

This paper focuses on the pre-establishment period of start-ups in industrial districts. The industrial architecture is what I call a "rationed agglomeration" in which some entrepreneurs gather around an established …rm while other entrepreneurs in the same business stand alone. In a rationed agglomeration, I analyze the e¤ects of relations between established …rms, network entrepreneurs, and l...