Entrepreneurship in the world, especially in Western developed countries, the much interest in recent years the concept of entrepreneurial ecosystems and integrating the separation of infrastructure services needed by entrepreneurs and governments innovative citizens, industrialists and entrepreneurs to create. a person apart from the idea of an entrepreneur, long way to run and deliver it to t...

Entrepreneurial ecosystem is recently in increasing focus of scholars. There are several members of the entrepreneurial ecosystem shifting towards an entrepreneurial society. This paper explores how various regional members inside of the ecosystem are helping in spreading the entrepreneurial thoughts and shifting individuals and the general opinion from managed economy towards an entrepreneuria...

Using data from representative population surveys in 17 countries, we find that the lower rate of female business ownership is primarily due to women’s lower propensity to start businesses rather than to differences in survival rates across genders. We show that women are less confident in their entrepreneurial skills, have different social networks and exhibit higher fear of failure than men. ...

Using perception of quality of life survey by Eurostat we construct the City Ecosystem Index (CEI) – a systemic indicator that measures subjective well-being in European cities. The purpose of the index is to inform public, policy-makers and entrepreneurs by providing a holistic view on subjective well-being across European cities. Once contrasted with the Global and Regional Systems of Entrepr...

Adam Smith’s “invisible hand” is one of the best-known phrases in economics, but its meaning is somewhat ambiguous. The invisible hand might be viewed as holding the economy close to equilibrium, yet Smith actually says that individuals are led by an invisible hand. Entrepreneurial forces lead an economy along a path that generates economic progress, and that path is determined by the disruptiv...

Electronic markets are not just evolving they are designed. As such providing electronic trading venues is an entrepreneurial activity. The institutional approach followed here introduces a market operator as an economic player. As the entrepreneur charges fees for his service of operating an electronic market, the transaction cost savings incurred by information technology are essentially full...

This paper characterizes the relationship between entrepreneurial wealth and aggregate investment under adverse selection. Its main finding is that such a relationship need not be monotonic. In particular, three results emerge from the analysis: (i) pooling equilibria, in which investment is independent of entrepreneurial wealth, are more likely to arise when entrepreneurial wealth is relativel...

Research suggests that there are cross-cultural variations in entrepreneurial entry rates (Autio et al., 2013) and it seems that this in part stems from differences in cultural values. Hayton et al (2002) argue that differences in cultural values may mean that the extent to which entrepreneurial behaviours, such as risk taking and independent thinking are considered desirable will differ betwee...