Empirical evidence shows that entrepreneurs hold a large fraction of wealth, have higher saving rates than workers, and face substantial uninsurable entrepreneurial and investment risks. This paper constructs a heterogeneous-agent general equilibrium model with uninsurable entrepreneurial risk and capital-market imperfections to explore the implications of uninsurable entrepreneurial risk for w...

This paper seeks to understand an entrepreneur’s decision to either the services or manufacturing sectors of the Ghanaian economy. This objective is significant because it provides an extension of current stream of literature, specifically, the Evans and Jovanovic (EJ) Model which focuses largely on an entrepreneur’s decision to start a business. The study seeks to understand the industry choic...

We examine how the social structure of existing organizations influences the entrepreneurial process and suggest that resources accrue to entrepreneurs based on the structural position of their prior employers. We argue that information advantages allow individuals from entrepreneurially prominent prior firms to identify new opportunities. Entrepreneurial prominence also provides reputation ben...

Purpose – While the numbers of, and research on, women entrepreneurs have accelerated radically in recent years, the rates of women entrepreneurs remain significantly lower than men’s. Research has shown that subjective perceptual variables have a crucial influence on the entrepreneurial propensity of women and account for much of the gender differences in entrepreneurial activity. The paper ai...

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 ...

In this paper we explore the ways in which institutions and networks influence entrepreneurial development in Russia. By utilizing new Global Entrepreneurship Monitor (GEM) data collected in 2001, we investigate the effects of the weak institutional environment in Russia in terms of three dimensions: on the rate of productive entrepreneurial activity measured in terms of start-ups and existing ...

While entrepreneurial activity among women has increased over the last decade, research findings show a gender gap in terms of women’s entrepreneurial attitudes and behaviors. This study investigates how geographical context and age moderate the gender and entrepreneurial attitudes relationship. Our findings suggest that in rural states, the number of younger men and women intending to start bu...

It has been proposed that a key success factor for entrepreneurial start-up companies in dynamic industries is their capacity to continuously adapt their business opportunistically. However, the concept of opportunistic adaptation is in need of further development and clarification in order to make it possible to empirically test its usefulness, something that this far has been done only to a l...

Entrepreneurship is a promising business avenue that individuals, groups and governments can explore adopt for economic progress. However, there have been high rates of failure entrepreneurial start-ups within their first 5 years across the globe. In this regard, aim study was to ways improving sustainability start-ups. The employed thematic synthesis exploratory analysis on 105 articles. paper...