A society's allocation of working time to entrepreneurial, organizational and learning activities is the main factor behind technical change and economic growth. Building on Lucas (1978) and Kihlstrom and Laffont (1979), in this paper I offer evidence that the amount of working time spent by small business owners in entrepreneurial activities affects the performance of the business and reveals ...

Understanding entrepreneurial behavior requires that we focus at the deepest, most fundamental levels. The early days of entrepreneurship often emphasized personality research. That led us to studying attitudes, rather than traits (Shaver & Scott, 1991). The next step in the field's evolution was to explore individual differences through the lenses provided by cognitive and developmental psycho...

The concept of sustainable entrepreneurship is emerging due to the greening of the business environment. The objective of the present study is to distinguish the influencing factors for the entrepreneurial aspirants towards the sustainable entrepreneurship. It is an empirical study that incorporates 306 respondents. These respondents are young entrepreneurial aspirants. The study consists of fo...

This paper investigates, by using a highly abstract evolutionary game model, the mechanism of evolution of different organizational conventions, as well as roles of free trade, integration, experiments, emulation and entrepreneurial foresight for exploring gains from organizational diversity. It focuses on an aspect of organization as a voluntary association of economic agents trying to overcom...

The cognitive approach to entrepreneurship is a response to the limitations of the trait approach. Its aim is to explain entrepreneurial behavior through cognitions. The main body of research has studied cognitive elements such as scripts, self-efficacy, cognitive styles and heuristics. Understanding entrepreneurial cognition represents a potential and productive field of research that, to date...

entrepreneurship, as a general concept, has a history since time immemorial. however, theoretically this concept has recently been explored as an academic disipline whereby various research programs have been conducted on the positioning of entrepreneurship education and effectiveness of the study materials. so far some models have been presented by researchers, but far from reaching a global c...

We examine the incentive effects of funding contracts on entrepreneurial effort and on allocative efficiency. We experiment with funding contracts that differ in the structure of investor repayment and, thus, in their incentives for the provision of entrepreneurial effort. Theoretically the replacement of a standard debt contract by a repayment-equivalent non-monotonic contract reduces effort d...

This study explored the relationship between individual differences and behavioral intentions toward entrepreneurial careers, defined here as owning one's own business. Of particular interest was a recent innovation in the individual differences literature -the proactive personality scale. Using a sample of 181 students, entrepreneurial intentions were found to be significantly associated with ...