This paper takes an institutional approach to explaining differences in the levels of entrepreneurship and economic growth across U.S. states. The institutional approach to growth argues that political and economic institutions influence the productivity of resource use. We hypothesize that institutions influence economic growth primarily through their effect on entrepreneurship and discovery. ...

Drawing on the theory of planned behaviour, this study tests the effect of entrepreneurship programmes on the entrepreneurial attitudes and intentions of science and engineering students. This is necessary in order to confirm (or disconfirm) conventional wisdom that entrepreneurship education increases the intention to start a business. The results show that the programmes raise some attitudes ...

Entrepreneurship is a primary catalyst for economic growth and regional development. Recognizing its importance, state and local policymakers are now devoting considerable resources to fostering entrepreneurship. After a brief discussion of the data and theories of entrepreneurship, this paper presents a framework for thinking about government’s role in the entrepreneurial process. We then exam...

This study, based on the Theory of Planned Behaviour (TPB), assesses the impact of entrepreneurship education programs (EEPs) on entrepreneurial intentions of 205 students following entrepreneurship courses at six Iranian universities. Data were collected by a questionnaire before and after completing EEPs. Result indicated that EEPs significantly influence perceived behavioral control and subj...

AIMS Entering entrepreneurship (i.e. becoming an entrepreneur) is known to be a demanding activity with increased workload, financial uncertainty and increased levels of stress. However, there are no systematic studies on how entering entrepreneurship affects the people involved. METHODS The authors investigated prescriptions of psychotropics for 6,221 first-time entrepreneurs from 2001-2004 ...

Understanding the psychological nature and development of the individual entrepreneur is at the core of contemporary entrepreneurship research. Since the individual functions as a totality of his or her single characteristics (involving the interplay of biological, psychosocial, and context-related levels), a person-oriented approach focusing on intraindividual dynamics seems to be particularly...

Knowledge of factors that determine the transition from nascent entrepreneurship into real entrepreneurship is of major importance for policies aiming to effectively stimulate start-ups. Whereas scholars concentrated on person-specific factors to explain transition probabilities, environmental characteristics have been fairly neglected. Given that entrepreneurship is a strongly localized phenom...

F rank Knight (1921) proposed that we should not think of entrepreneurship as simply investment under risk, where decisions are made with respect to an objectively known distribution of returns. He argued that entrepreneurship in such a world would not require any particular skill and it would be inconceivable that entrepreneurs could earn rents simply for bearing objective risk as a market sho...

Since the 1980s and increasingly since the 1990s entrepreneurship has become to stand for growth, prosperity, and employment. It has become one of the most publicly acclaimed and strategic areas of national and regional business policy, supported by interest towards entrepreneurship in policymaking. The high levels of unemployment have led policy makers to seek solutions, and one of the most pr...

Entrepreneurship education has been broadened to include a wide variety of disciplines and areas of study beyond the management fields. However, little attention has been given to the diverse motives and practices of the faculty who participate in multidisciplinary models of entrepreneurship education. This research explores the factors driving a diverse group of faculty to participate in an in...