Does an entrepreneur-friendly bankruptcy law encourage more entrepreneurship development at a societal level? How does bankruptcy law affect entrepreneurship development around the world? Drawing on a real options perspective, we argue that if bankrupt entrepreneurs are excessively punished for failure, they may pass potentially high-return but inherently high-risk opportunities. Amassing a lon...

organization’s obligation for responding to demand changes and creating strategic opportunity, drives focus toward entrepreneurship, so that scholars’ attention turns toward influential factors on entrepreneurship more and more. the objective of this paper is to investigate the effect of human resource flexibility on entrepreneurship at research institute of petroleum industry (ripi). research ...

When does a venture capital firm withdraw from an investment project prior to its completion? This study offers a real options view on this decision by examining the contingent effects of portfolio configuration. We explore how project withdrawal can be influenced by two distinct dimensions of portfolio configuration, portfolio focus in a strategic domain and portfolio diversity across multiple...

This article reviews and critiques the opportunity discovery approach to entrepreneurship and argues that entrepreneurship can be more thoroughly grounded, and more closely linked to more general problems of economic organization by adopting the Cantillon-Knight-Mises understanding of entrepreneurship as judgment. The article begins by distinguishing among occupational, structural, and function...

Mobile health poses an entrepreneurial opportunity for healthcare providers, especially physicians who run their clinics individually or jointly. Based on entrepreneurship literature, this study examines the adoption of mobile health technologies in terms of the factors that influence the decisions of physicians to exploit the opportunity. Compared with other health information technologies, th...

despite wide-range of studies in the theories of the entrepreneurship field, few studies have offered a pervasive conceptual model or a general consensus of the existing theories. hence, this paper attempts to extend a comprehensive principle on entrepreneurship. in general, there are two common interpretations of the term ‘entrepreneurship’. one of the common views is schumpeterian, emphasizin...

In order to understand the status quo of entrepreneurship education in universities in Shanghai, this article draws data from a survey on college students in Shanghai. The sample covers a wide range of students from different majors, school years, and regional backgrounds. The analysis focuses on their recognition of entrepreneurship education, the curriculum, and the preparation of entrepreneu...

Scientists and engineers in small firms are far more likely than their large firm counterparts to enter entrepreneurship, a phenomenon we label the small firm effect. We explore the origins of this small firm effect, identify four classes of explanations—preference sorting, ability sorting, opportunity cost, and the possibility that workers in small firms develop entrepreneurial human capital—a...