This research suggests that the 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 non-monotonically in the course of human history. In early stages of development, the rise in income generated an evolutionary advantage to entreprene...

The paper uses the SCOP theory of concepts to model the role of environmental context on three levels of entrepreneurial opportunity: idea generation, idea development, and entrepreneurial decision. The role of contextual-fit in the generation and development of ideas is modeled as the collapse of their superposition state into one of the potential states that composes this superposition. The p...

Although organizational contexts have an influence on leadership, and some of their characteristics may facilitate (through weak structures) or inhibit (through strong structures) the leaders' behaviors, the extent of their influence has rarely been studied. Indeed, research of the influence of some types of contexts (entrepreneurial vs. non-entrepreneurial) on the emergence of certain variable...

As radical innovations facilitate communication, create new industries and make others obsolete, the established ways of organising society are being questioned. Over the last few decades, a theoretical framework and a worldview labelled the entrepreneurial society, has emerged. The entrepreneurial society is based on theoretical models, empirical observations and a belief in the importance of ...

The policy shift of United Arab Emirates (UAE) from dependence on oil resources to other sources for the growth of its economy is opening opportunities for Entrepreneurship as a career. In this context, it is important to understand the factors that would facilitate the process of entrepreneurial value creation. The process model of entrepreneurship is used as the basis to understand the variou...

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...

This paper is part of a broader program that is opening up a new area of research, namely: institutional preparedness for entrepreneurial economic development. In particular , it examines the preparedness of industry associations for economic development. The membership of these associations is predominantly made up of entrepre-neurial firms that are trading globally (Obrecht 2000: p. 185). Thi...