This study aimed to understand the implications of the entrepreneurial competence in microenterprises. Literature on micro-enterprises and entrepreneurial competence has been reviewed; the research design opted the analysis of entrepreneurial competence in micro-enterprises in a multi-case study way. By the research findings were divided by the construct implication of entrepreneurial competenc...

--Forbes Asap Protect your intellectual property rights Knowledge is power and nowhere is that more apparent than in today’s informationdriven, high technology economy. Fueled by the growing demand for new and improved technology, engineers, scientists, and the companies that employ them and manage technology have a vested interest in protecting the wealth generated by their innovative ideas an...

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...

How does top management team (TMT) conflict influence entrepreneurial strategy making of new ventures? With a sample of new ventures in China’s technology industries, this study examines the conditions under which TMT cognitive conflict and affective conflict are associated with entrepreneurial strategy making. We found that cognitive conflict among TMT members had a positive relationship with ...

In this article, we argue that aggregate litigation and the court system can not only restore the protection of victims and the production of deterrence, but also play a pivotal role in stimulating regulatory innovation. This is accomplished through a reward system that seems largely to mimic the institutional devices used in other domains, such as intellectual property rights, by defining a pr...

Under conditions of informational asymmetry, redistributing the property rights may improve work incentives but lead to an inefficient choice of entrepreneurial risk. We present a model in which reassignment of property rights does not affect factor prices and we show that there exist egalitarian asset redistributions that enhance allocative efficiency. The scope for such redistributions can be...

Scotchmer and Wooders (1987) show that efficient clubs are homogeneous when consumers are divisible in Berglas’s (1976) anonymous crowding model. However, if consumers are not divisible or if clubs have multiple facilities with economies of scope, mixed clubs are efficient. In such a model, we consider clubs with multiple membership policies for different types of consumers, and show the existe...

The purpose of this paper is to critically examine the concept of entrepreneurial marketing. This term is used as an umbrella to capture conceptualizations of marketing as an innovative, risk-taking, proactive area of managerial responsibility. Such conceptualizations include guerrilla marketing, radical marketing, expeditionary marketing, subversive marketing and others. Six core dimensions of...

Research on entrepreneurial exit has established itself as a more recognized component of the entrepreneurial process and a distinctive domain of entrepreneurship research. Despite the progress made, there still exists important topics within entrepreneurial exit where scholarly understanding is scant. This special issue discusses new and open topics of research on entrepreneurial exit. Three p...

Undergraduate students are increasingly engaged in developing products, technologies, and services that are commercially viable through their involvement in courses and experiential programs focused on entrepreneurship and product design. Little is known about the degree to which these activities are creating protectable intellectual property (IP) or the degree to which student involvement in t...