Innovation spurs economic growth and development. Pro-poor innovation in rural areas is more likely to occur through small-scale ventures and entrepreneurs than industrial research and development. Whilst previous rural development policies have focussed on small-holder agriculture, the fact is that most rural poor are landless poor and therefore unlikely to benefit greatly from agriculture-bas...

This study analyzes the innovative orientation of the Croatian entrepreneurs. Innovative orientation is represented by the perceived extent to which an entrepreneur’s product or service or technology is new, and no other businesses offer the same product. The sample is extracted from the GEM Croatia Adult Population Survey dataset for the years 2003-2013. We apply descriptive statistics, t-test...

Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However, experience of business failure might result in additional effects. This analysis therefore investigates th...

This paper attempts to reconcile the risk-bearing characterization of entrepreneurs with the stylized fact that entrepreneurs exhibit conventional risk aversion profiles. We propose that the disparity arises from confounding two distinct dimensions of uncertainty: demand uncertainty and ability uncertainty. We further propose that entrepreneurs will be risk averse with respect to demand uncerta...

Since 1995 the teaching of entrepreneurship has become something of a growth industry in Scotland, largely as a result of the Scottish Business Birthrate Strategy initiated by Scottish Enterprise. Many of the Centres for Entrepreneurship that exist to co-ordinate entrepreneurship teaching in Higher Education support teaching by the case method and are active in engaging entrepreneurs in the tea...

This research paper aims to evaluate the effectiveness of social commerce in empowering next gen-eration entrepreneurs. With rapid growth media and e-commerce, has emerged as a promising avenue for young entrepreneurs establish grow their businesses. pa-per explores benefits, challenges, strategies associated with entre-preneurs. It examines impact on business performance, well role skills supp...

Background: Entrepreneurship plays an important role in the development of any country. Entrepreneurship is seen as the driving force behind economic development and the identification of opportunities and the use of resources, and entrepreneurs are those who, by recognizing opportunities, ensure success in manufacturing, business, and services. However, it should be noted that the criterion fo...

Nascent Entrepreneurs Nascent entrepreneurs are people who are engaged in creating new ventures. This chapter reviews the international evidence on how many of them are there around the world, what they are doing, who they are, what makes them different, and which ones see their vision through to eventual start-up. JEL Classification: J23