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...

Recent empirical research has demonstrated that the growth process of entrepreneurial firms is frequently achieved through the formation of business groups: i.e. a set of companies run by the same entrepreneur (or entrepreneurial team). The literature has put forward the hypothesis that this is the result of a growth process by diversification of the original activity. The main aim of the artic...

This research suggests that the evolution of entrepreneurial spirit played a signi…cant role in the process of economic development and the dynamics 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 entrepreneur...

This paper analyses entrepreneurial orientation (EO) in multinational corporations (MNCs) and develops a new typology of MNC EO based on combining R&D and asset growth investment intensities as orthogonal resource allocations. A cluster analysis of US MNCs on these two dimensions reveals three types of entrepreneurial stance: conservative, aggressive-asset growth and balanced. Internal knowledg...

Bai, W. 2017. The Best of Both Worlds. The Effects of Knowledge and Network Relationships on Performance of Returnee Entrepreneurial Firms. Doctoral thesis / Företagsekonomiska institutionen, Uppsala universitet 184. 105 pp. Uppsala: Företagsekonomiska institutionen. ISBN 978-91-506-2616-2. In an increasingly globalized business world, international human mobility and its association with entre...

In transformational strategy contexts such as digitalization, the entrepreneurial behavior of firm's employees is crucial. This study examines role employees’ individual-level orientation (IEO) in terms proactiveness, risk-taking, and innovativeness, their relational capital within organization, on performance achieving organizations’ digital goals. We hypothesize that all IEO dimensions are po...

For many decades, the main focus of successful businesses has been customer orientation. However, role entrepreneur in shaping landscape marketing and business performance was recognized recently. Entrepreneurial (EM) is described as done by entrepreneurs or owners entrepreneurial employing different strategies that are distinct from typical textbook to attract new businesses. In EM, a crucial ...

Entrepreneurial self-efficacy (ESE) is often included in entrepreneurial intentions models to explain why some individuals are more likely than others to become entrepreneurs. An unsettled question among researchers is whether ESE differs between men and women. While early studies seem to suggest that men have higher ESE than women, more recent studies are inconclusive. Lacking empirical suppor...

The current analysis introduces human capital investments which – as all other investment projects – must be carried out given ex-ante uncertain returns. This return uncertainty reflects that particular ex-post ability realizations may or may not induce the possibility to engage in profitable entrepreneurial activity. Managed firms which recruit randomly while offering a certain wage-income can...