The phenomenon of ‘migrant entrepreneurship’ refers to business activities undertaken by migrants with a specific socio-cultural and ethnic background or migrant origin. The studies on migrant entrepreneurship in both the US and Europe have recognized the significant share of immigrants in SME activities. In the context of migrant entrepreneurship several scholars have highlighted the impact of...

The value of networks as integral part of the explanation of entrepreneurial success is widely acknowledged. However, the network perspective lacks specification of the various dimensions of a network and their impact on the early development of a venture. We make a distinction between a Schumpeterian start-up pursuing a radical innovation and a Kirznerian venture on basis of an incremental inn...

Small business is often regarded as entrepreneurship-driven. There are many reasons for this, e.g.: (1) The entrepreneur as a person plays a much more vital role than in large firms and (2) entrepreneurial spirit is not weakened by considerable hierarchies and can more easily pervade the firm. Welsh & White’s (1981) statement on the differences between small and big business seems to apply. Man...

The Dynamics of Entrepreneurship: Hysteresis, Business Cycles and Government Policy This paper estimates an unobserved components model to explore the macro dynamics of entrepreneurship in Spain and the US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical fluctuations have persistent effects on the natural rate of entrepreneurship. We f...

Entrepreneurship has long been perceived as a crucial determinant for economic growth. There has been a considerable upsurge in researches trying to determine the main elements driving entrepreneurship and the channel through which entrepreneurship generates economic growth; however, a global consensus has not been reached yet on theoretical, methodological and empirical levels.  The basic prob...

In this paper, we analyze the dynamics of knowledge spillover entrepreneurship in the Chinese “transitional” context, as a template for the evaluation of the pace and stability of small business innovation institutionalization in many transition economies, and we also provide theory and evidence to further develop knowledge spillover entrepreneurship theory. Based on the first available cross-s...

Over the last two decades, entrepreneurship has emerged as a mainstream business discipline in the United States. Even after the collapse of the dotcom phenomenon, the global explosion of e-business and new business opportunities created by advances in information and telecommunication technologies (ICT) have widely popularized entrepreneurship for new venture creation. But while entrepreneursh...