The O-Ring theory is used to analyze the emergence of ̄rms organized as partnerships. The owner-managers of such entrepreneurial ̄rms bene ̄t from ability matching within their production teams. However, they must bear the project risk. Risk-aversion then induces a second-best solution. Integrated ̄rms managed on behalf of riskneutral residual-claimants face information and/or enforcement problem...

We review and critique Israel Kirzner’s concept of the entrepreneur, offering three challenges to his basic analytical framework. First, we characterize Kirzner’s emphasis on equilibration as a departure from the causal-realist price theory of Menger and his nineteenthand twentiethcentury followers. Second, we contrast Kirzner’s idea of entrepreneurship as discovery with a more realistic, and o...

institutional environment influences entrepreneurial intention and behavior. however, cognitive models have not usually included this factor in their analyses. therefore, the main objective of this study is to evaluate the direct, indirect and moderating effects of institutional environment on entrepreneurial intentions using the theory of planned behavior. this is a descriptive survey research...

Theories about entrepreneurial discovery are important to entrepreneurship. However, the dominant conceptual foundation underlying such theories hinders their development. It assumes that opportunities form based on either deliberate search or serendipitous discovery. I examine this unidimensional logic and identify a gap in its informative content. Then, I reframe it into orthogonal dimensions...

Bai, W. 2017. The Best of Both Worlds. The Effects of Knowledge and Network Relationships on Performance of Returnee Entrepreneurial Firms. Doctoral thesis / Företagsekonomiska institutionen, Uppsala universitet 184. 105 pp. Uppsala: Företagsekonomiska institutionen. ISBN 978-91-506-2616-2. In an increasingly globalized business world, international human mobility and its association with entre...

Bounded rationality prevents humans from tracing all action plans that could, in principle, be imagined. In the present paper, individuals' partly socially-shaped cognitive frames explain which action plans do gain attention. This provides the basis for a new entrepreneurial theory of the firm where `business conceptions,' which underlie any entrepreneurial venture, play a key role. Coordinatio...

Today, innovation networks are economically and technologically accessible [VBE04]; however, managers and members of such organizations notice that success and performance are not automatically given. More to this, practitioners point out that the collaboration processes are the actual challenge in the management of a networked organization. This paper summarizes the results of a research proje...

Social capital in the form of entrepreneurial networks is found to be a determinant of Ghanaian manufacturing enterprise performance. Entrepreneurs with larger, more diverse sets of contacts have more productive enterprises. Entrepreneurs also benefit from the networking activity of others. There is some evidence that the networks facilitate flows of knowledge between enterprises. A simple theo...

This paper is part of a broader program that is opening up a new area of research, namely: institutional preparedness for entrepreneurial economic development. In particular , it examines the preparedness of industry associations for economic development. The membership of these associations is predominantly made up of entrepre-neurial firms that are trading globally (Obrecht 2000: p. 185). Thi...

This paper examines the behavior Australian youths have toward mobile banking. Social cognitive theory is the theoretical framework in which a conceptual model is empirically tested. The conceptual model includes five constructs (media, modeling, outcome expectancy, learning orientation and entrepreneurial orientation), which are proposed to influence an individual’s intention to adopt mobile b...