one of the most important and well-recognized entrepreneurial decision making biases is overconfidence. overconfidence is by far the most famous entrepreneurial decision bias, overconfidence has been identified as one leading factor in entrepreneurial risky decisions, and it has been hypothesized and proved as one of the causes of entrepreneurial unprepared entry decisions and subsequent failur...

Third-party providers as entrepreneurs boost technology platforms. Yet, despite increasing interest in technological platforms, existing research offers little predictive insight into how firms can identify individuals who are likely to become entrepreneurs. We take the strategic perspective of a platform owning company, asking how to pinpoint those individuals who transition into entrepreneurs...

Even though God has ordained migration which has changed human history, rationalism, capitalism, liberalisation and technological innovation are central driving forces of globalization, and have positively impacted on global migration. Regardless of their entrepreneurial engagement, the presence of immigrants, including those from Congo-Brazzaville in South Africa, is often associated with an i...

This paper compares the financing of new ventures in start-ups (entrepreneurship) and in established firms (intrapreneurship). Intrapreneurship allows established firms to use information on failed intrapreneurs to redeploy them into other jobs. Instead, failed entrepreneurs must seek other jobs in an imperfectly informed external labor market. While this is ex-post inefficient, it provides ent...

The most efficient labor market mechanism depends on the advantages of specialization, workers’ costs of switching between entrepreneurs, and the frequency with which needs change. Multilateral mechanisms are more efficient when specialization is more advantageous, when it is cheap for workers to switch between entrepreneurs, and when individual entrepreneurs cannot occupy a worker on a full-ti...

The most efficient labor market mechanism depends on the advantages of specialization, workers’ costs of switching between entrepreneurs, and the frequency with which needs change. Multilateral mechanisms are more efficient when specialization is more advantageous, when it is cheap for workers to switch between entrepreneurs, and when individual entrepreneurs cannot occupy a worker on a full-ti...