Purpose – Whether opportunities are discovered or created by entrepreneurs is a foundational question in entrepreneurship research. The purpose of this paper is to examine women entrepreneurs in high-growth new ventures and explore the cognitive resources that distinguish between three approaches to opportunity perception: opportunity discovery; opportunity creation; and a combined discover-cre...

financial markets are considered because of their role in acquiring small and large savings of national economy, optimizing the flow of financial resources and distributing these resources to consumption and investment needs of economic sectors. the aim of this study was investigating the influence of financial market extension on agriculturalsector’s development of kohgilouye and boyer ahmad p...

the ability to develop and maintain an effective network is one of the entrepreneurial competencies. despite recognition of the value of networking, there has been little research into the networks of female entrepreneurs. current evidences indicate the differences between men and women’s networking and in part, women’s weakness to creat and maintain entrepreneurial networking compared to that ...

Common tests for credit constraints are highly sensitive to econometric assumptions. Tests of the relationship between wealth and entry into entrepreneurship require strong assumptions about the distribution of unobserved ability, and the results change when the definition of entrepreneurship changes. Tests of the relationship between entrepreneurs’ productivity and wealth can produce spurious ...

Business model management is critical in the development of business models aimed to launch innovations and generate high venture performance. This study presents the use of personal construct theory and the repertory grid methodology, a new technique to explore central factors in entrepreneurs’ business model management. We identify typologies for business model management and underlying logic...

The Aspen Network of Development Entrepreneurs (ANDE) The Aspen Network of Development Entrepreneurs (ANDE) is a global network of organizations that propel entrepreneurship in emerging markets. ANDE members provide critical financial, educational, and business support services to small and growing businesses (SGBs) based on the conviction that SGBs will create jobs, stimulate long-term economi...

We build a general equilibrium model of investment and capital accumulation in emerging economies. The infinite horizon model features a financial friction, namely that entrepreneurs can only raise debt that they can credibly repay given an outside option such as an investment in the traditional sector of the emerging economy. We show that when lending rates are low, the pure market outcome can...