This project investigated how potential entrepreneurs evaluate opportunities in the pre-startup phase of a new venture creation process. Based on Busenitz and Lau’s (1997) cross-cultural cognitive model of new venture creation, I examined the relationship between risk perception and a potential entrepreneur’s intention to start a venture, as well as the moderating effect of a potential entrepre...

Recent times are witnessing the emergence of entrepreneurship within virtual worlds (VWs). Although, VWs offer opportunities for entrepreneurial activities, their use for such activities is rather limited. We posit that the lack of an internal governance framework within VWs, specifying the rights, duties, responsibilities and obligations for its different stakeholders is limiting the growth of...

Uncertainty is perceived as the means of removing the obstacles to growth through the activation of Knightian entrepreneurship. A dynamic stochastic model of continuous-time growth is proposed and empirically tested, including equilibrating and creative entrepreneurial activity. We find that uncertainty affects economic growth and the rate of return, and causes structural changes in portfolio s...

This paper presents some of the findings to emerge from a qualitative study of social enterprise in the UK. The findings discussed in this paper refer to the marketing activities of social enterprises and consider the extent to which these can be described as “entrepreneurial”. This discussion suggests that while social enterprises do engage in entrepreneurial marketing, the local embeddedness ...

The main purpose of this study was to evaluate the influence of entrepreneurial characteristics of members of technical and engineering companies and agricultural advisory services on their willingness toward entrepreneurial activities. Entrepreneurship development plays an important role in job creation process which can eventually lead to the achievement of sustainable development goals in ag...

The transition to New Economy and knowledge-based economy in the 1990s and early 21st century created an atmosphere that entrepreneurs and SMEs became crucial engines of economic growth. It was conjectured that such trends were brought about various changes in global business environment. These changes include technological changes, increased globalization, employment flexibility, consumer dive...

a r t i c l e i n f o The scientific study of youth entrepreneurship is truly in its infancy, with research on the development of entre-preneurship constrained by theoretical foundations that rely on static, trait-like approaches that equate entrepre-neurship with stable personality characteristics. In this article, we define entrepreneurship as a fluid process that relies on the bidirectional ...

America’s economic growth and international competitiveness significantly depend on its ability to innovate. Entrepreneurship is an important pathway to innovation and leadership—however, until recently there has been little research exploring what factors influence whether or not engineering graduates will engage in entrepreneurial activities. This study explored how engineering alumni who are...