Previous research on age and entrepreneurship assumed homogeneity and downplayed age-related differences in the motives and aims underlying enterprising behaviour. We argue that the heterogeneity of entrepreneurship influences how the level of entrepreneurial activity varies with age. Using a sample of 2566 respondents from 27 European countries we show that entrepreneurial activity increases a...

The phenomenon of the entrepreneurial university has received considerable attention in recent decades, since the entrepreneurial orientation of academia could put regions and nations at an advantage in areas of economic activity where the focus is on emerging knowledge. Empirical research on entrepreneurial initiative incentives within universities and involving students and lecturers is scarc...

In order to explain the success of entrepreneurial firms, it is necessary to identify the conditions that generate new business opportunities. Emerging economies such as China are perceived as high risk environments due to fundamental institutional transformations. Yet, there’s no conclusive evidence how the contextual nature of emerging economies impact the conditions for entrepreneurial firms...

The purpose of this paper is to document the fundamental shift that is taking place in OECD countries. This shift is from the managed economy to the entrepreneurial economy. While politicians and policy makers have made a plea for guidance in the era of entrepreneurship, scholars have been slow to respond. This paper attempts to make a first step identifying and articulating these differences. ...

Individuals may perceive themselves as independent and distinct from others or as interdependent and connected to others. Do these differences in self-construal influence entrepreneurial preferences and intentions to start a new business in university students? Few studies have examined the influence of cultural orientations on entrepreneurial intentions at the individual level of analysis. Two...

The twentieth century United States provides a natural experiment to measure the strength and persistence of entrepreneurial cultures. Assuming immigrants bear the cultures of their birth place, comparison of revealed entrepreneurial propensities of US immigrant groups in 1910 and 2000 reflected these backgrounds. Two measures of entrepreneurial culture are employed; the first is simply the cha...

The EU-INDIA Cross-Cultural Innovation Network project is concerned with the fostering of proactive collaborations in applied research in socio-economic and entrepreneurial innovations through academic and entrepreneurial networking. The project is rooted in our commitment to human centred systems approaches in science and technology. The Project was set up based on the belief that the establis...

The aim of this paper is to analyze the effect of entrepreneurial experience on firm growth. According to the human capital theory, individuals who have higher ‘human capital’ are more successful than others. Entrepreneurial experience is a kind of human capital and, therefore, should affect firm performance positively. In reality, however, not all types of experience indicate enhanced knowledg...

The relationship between institutional change and entrepreneurship is poorly understood. We build the theory in this area by tracing institutional change in the US electric power industry over a 40-year period. Our analysis shows that environmental jolts mobilize actors to reformulate institutions, resulting in increased entrepreneurial opportunity. When the institutional environment is stable,...

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the evolution of inequality within and across societies. The study argues that entrepreneurial spirit evolved nonmonotonically in the course of human history. In early stages of development, the rise in income generated an evolutionary advantage to ent...