This research examines the affect of overconfidence on the entrepreneurial investment choices of individuals. We argue that individual overconfidence is associated with more aggressive entrepreneurial investment decisions. We show that the propensity of an individual to begin startup activities is positively associated with the individual's level of overconfidence. Furthermore, overconfidence i...

Conflict of Commitment (COC). A conflict arising when time expended on Outside Activities such as consulting or entrepreneurial activities interferes with a Covered Person’s ability to meet his or her Institutional Responsibilities. (SOM faculty may, with approval of their chair, contract with outside entities for consulting or other external professional activities as described in SOM Policy o...

Entrepreneurial action is increasingly associated with innovation ecosystems because no firm alone can render the complex and interdependent services demanded in markets. Moreover, entrepreneurial firms are increasingly instigators of innovation ecosystems, rather than merely participants. However, particularly in the pursuit of radical innovation, a question arises as to how an entrepreneurial...

The aim of the paper is to investigate to what extent access to finance explains differences in entrepreneurial activity across European Union (EU) member countries. We use a dataset containing information across countries and time to investigate the determinants of entrepreneurial activity in twenty-five EU members over the period between 2007 and 2013. Our sample comprises both periods of dif...

one of the most important and well-recognized entrepreneurial decision making biases is overconfidence. overconfidence is by far the most famous entrepreneurial decision bias, overconfidence has been identified as one leading factor in entrepreneurial risky decisions, and it has been hypothesized and proved as one of the causes of entrepreneurial unprepared entry decisions and subsequent failur...