The influence of the industrial sector is a longstanding assumption in entrepreneurship studies, yet the mechanisms through which the industrial sector shapes entrepreneurial phenomena and the processes through which entrepreneurial actors interact with sectors to prospect, develop and exploit entrepreneurial opportunities remain largely under-theorized and little understood. We critically re-e...

Individuals may perceive themselves as independent and distinct from others or as interdependent and connected to others. Do these differences in self-construal influence entrepreneurial preferences and intentions to start a new business in university students? Few studies have examined the influence of cultural orientations on entrepreneurial intentions at the individual level of analysis. Two...

The aim of this paper is to analyze the effect of entrepreneurial experience on firm growth. According to the human capital theory, individuals who have higher ‘human capital’ are more successful than others. Entrepreneurial experience is a kind of human capital and, therefore, should affect firm performance positively. In reality, however, not all types of experience indicate enhanced knowledg...

The relationship between institutional change and entrepreneurship is poorly understood. We build the theory in this area by tracing institutional change in the US electric power industry over a 40-year period. Our analysis shows that environmental jolts mobilize actors to reformulate institutions, resulting in increased entrepreneurial opportunity. When the institutional environment is stable,...

entrepreneurship is considered as an appropriate approach to accelerate economic development and provide employment opportunities. with this regard, entrepreneurial intention is the main determinant factor in deciding to be an entrepreneur. in order to obtain sufficient knowledge about entrepreneurship and its determinants, entrepreneurial intention of payame noor university students was studie...

This article uses the resource-based and internationalization theories to explain the export behavior of Chinese entrepreneurial firms. Based on multi-year data on Chinese firms from the Global Entrepreneurship Monitor (GEM), we show that contextualized resource-based theory can adequately explain some of the variation in export behavior among young Chinese firms. Exports by small Chinese firms...

The increasing importance of entrepreneurship for flourishing economic progression, innovation and job creation have raised the concerns of decision makers and researchers for the investigation of the dynamics that could have an influence on the entrepreneurial activity levels. Indeed, transformations in entrepreneurship and entrepreneurial activity levels are considerable, persistent and disti...

It is almost a truism in entrepreneurship research that the entrepreneurial process begins most basically with the discovery of opportunities (Shane & Venkataraman, 2000). Entrepreneurship scholars have also noted that opportunities have distinctive conceptual properties (Venkataraman, 1997). Even so, it has gone almost unnoticed that the basic and distinctive nature of opportunities calls for ...

Using the Panel Study of Entrepreneurial Dynamics, we study if the problems of asymmetry and opacity of information, asset specificity, agency problem and signaling theory predict the financial structure at inception. Thus, we conduct a study in two steps. First, by analyzing the descriptive statistics, we find that novice entrepreneurs turn first to internal sources of finance. Then, they appl...