EXPRESS: Creating Complementarities: How Entrepreneurs Mobilize Crowdfunding and Local Ecosystems

Crowdfunding as a Capital Source for Women Entrepreneurs

Local Complementarities and Aggregate Fluctuations

Accumulating microeconomic evidence points both to firm level adjustment lumpiness and to the significant influence of idiosyncratic disturbances. Do these matter for aggregate fluctuations, or do their effects largely vanish upon aggregation? This paper explores the implications of local strategic complementarities and firmlevel adjustment lumpiness for aggregate fluctuations. It shows that sm...

How to Educate Entrepreneurs?

Entrepreneurship education has two effects: it improves students’ entrepreneurial skills and provides impetus to those suited to entrepreneurship while discouraging others. While entrepreneurship education helps students to make a vocational decision its effects may conflict for those unsuited to entrepreneurship. We show that vocational and skill formation effects of entrepreneurship education...

How Entrepreneurs Exploit Global Opportunities

Risk taking is crucial for long-term growth of any firm and constant innovation in the form of new products and services is the key to success. However, failure rates of new products have been extraordinarily high. We contend that success rates can be improved if a more systematic analysis of opportunities is carried out so that potential winners can be spotted. We introduce three key concepts,...

Creating Efficient Implementations from Express Information Models

The use of specification as an integral part of design and implementation is accepted as part of most design methodologies. However, specification techniques differ in the degree of formalism they offer. For example, VDM [7] and Z [8] are both mathematically based formal specification languages, but IDEF1X [3, 10] is a semi-formal graphical method. The goal of using specification may also diffe...