It has been increasingly recognized that entrepreneurship plays a crucial role in successful economies. The Schumpeterian approach to growth (Aghion and Howitt, 1997) advances the view that entrepreneurial dynamism is the key to innovation and growth. A growing body of policy work emphasizes the important role of entrepreneurs in economic development (World Bank, 2003). Yet, research on entrepr...

There is an implicit blindly bubble situation behind the interest and enthusiasm towards the Internet entrepreneurship, so it is necessary for entrepreneurs to make scientific and reasonable assessment about the possible risks before the related decisions made. This research embarks from the perspective of entrepreneurs and focus on the risk factors of entrepreneurship in Internet industry base...

Several recent studies in entrepreneurship have shown that the propensity for individuals to become entrepreneurs seems to vary considerably by the type of firm for which they work. Many of these studies have hypothesized that this may result from ‘knowledge spillovers’ within the firm or due to ‘entrepreneurial exposure’ to employees’ colleagues. In this paper, we directly test the hypothesis ...

Higher education plays a very important role in the development of entrepreneurship as one of the most important concepts in the present era. Higher education, through the transfer of applied knowledge, the creation of skills and abilities required in the field of entrepreneurship, cultural context and research development and support, introduces the concepts of entrepreneurship into the univer...

This paper investigates the importance of entrepreneurship when quantifying the aggregate and distributional effects of switching from a progressive to a proportional income tax system. I find that the distributional consequences of the tax reform in a model economy with entrepreneurs contrast markedly from those in a model economy with no entrepreneurs. The elimination of progressive taxation ...

There is a wide variety of types of entrepreneurs, but no one formula for success. However, there are many successful entrepreneurs. Understanding why some entrepreneurs succeed while others fail is important to help future entrepreneurs in their efforts to be ssuccessful. Entrepreneurship is the economic engine driving many nations” economies in the global competitive landscape. Entrepreneursh...

This paper sketches the contours of a theory of entrepreneurship focusing on the nature of entrepreneurship as intermediation under information asymmetries. While entrepreneurship, strategy, and finance researchers have studied the relationship between entrepreneurs and intermediaries, they tend to treat intermediaries, such as venture capitalists, as a separate organizational form that is para...

Innovation and entrepreneurship are considered key factors of growth and survival of modern economies. According to Schumpeter (1934), “carrying out innovations is the only function which is fundamental in history". The review of recent studies reveals that high levels of newly growing up innovative firms are strongly related to economic growth (Stam, 2008).The vinculum of innovation, entrepren...

Entrepreneurs are important for national labour markets and economies in that they contribute significantly to economic growth as well as provide the majority of jobs and create new ones. According to the Global Entrepreneurship Monitor’s “Report on Women and Entrepreneurship”, investment in women’s entrepreneurship is an important way to exponentially increase the impact of new venture creatio...