Much like the popular myth that a bumblebee’s flight is aerodynamically impossible, experts often suggest that innovative entrepreneurship is economically impossible. Entrepreneurs must be irrationally optimistic because there are few economic returns to innovative entry. Entrepreneurs cannot innovate effectively because incumbent firms have better complementary assets. Entrepreneurs cannot pos...

It's well known that many executives who excel at starting businesses or projects fizzle out--in other words, they fail to "scale"--as their ventures grow. But the reasons have remained fuzzy. In this article, leadership coach John Hamm identifies four management tendencies that work for small-company or business-unit leaders but become Achilles' heels as those individuals try to run larger org...

The tradition of clans is apt to play an important role in the social set-up of any community, a clan being an aggregation of particular families having the same ancestors. However, there are some controversies regarding the origin of clans among the tribal grouping of Madhya Pradesh, a state in Central India. The important tribal communities of Madhya Pradesh are the Gond, Bheel, Kol, Auranb, ...

Since the 1980s, the U.S. income distribution has become considerably more concentrated toward the top while the wealth distribution has not. I argue that this can be accounted for by occupational shifts caused by the decline in tax progressivity. To show this, I construct a dynamic general equilibrium model of occupational choice which distinguishes between entrepreneurs, who run their own fir...

H ow do smalland medium-sized firms raise external equity capital? In this paper, I describe two markets that entrepreneurs of smalland medium-sized enterprises use in the United States to raise equity: the organized private equity market and the market for angel capital. Both markets are important sources of equity capital for smalland mediumsized firms. However, until recently, not much was k...

Chapter 1 It has been demonstrated that small businesses established by those born overseas have lower rates of failure and more sustained growth than the norm. Yet until the last couple of years almost no research had been done, in this country, on the motivation of these independents, on what strengths and resources are leading to the apparent success of their businesses, on the contributions...

entrepreneurs use decision heuristics in lots of their business-related decisions. one of the most important heuristics is affect heuristic which is of paramount importance in entrepreneurs’ decision making. also, entrepreneurial marketing behavior is one of the most important entrepreneurial characteristics which is influenced by entrepreneurial mindset, decision making and thought. the paper’...

The high capacity of the agricultural sector in Kermanshah Province needs more attention for some reasons including weather and climate conditions, access to fertile lands, and ready-made labor force. The current research seeks to achieve a major strategy for the development of entrepreneurship activities in the agricultural sector of Kermanshah Province. To reach end a mixed research method wa...