A review of entrepreneurship literature suggests that entrepreneurial activities are the most important drivers for economic growth and corporate success, regardless of size, age or industry. Nevertheless, so far, only a few studies, if any, have considered entrepreneurship as a success factor for construction enterprises, although the importance of the construction industry to the nation’s eco...

This paper focuses on the quality of entrepreneurs when individuals, who di¤er in terms of entrepreneurial ability and wealth, choose between entrepreneurship and wage-earning. A loan is required to become an entrepreneur. Four wealth classes form endogenously. Banks’ inability to identify the ability of individuals leads them to o¤er pooling contracts to the poor and the lower-middle classes. ...

Under the condition of market competition, the success and the failure of the enterprise management is normally regarded as the result of “superior winning while inferior out”. Yet for the community of theorists and entrepreneurs, what are the reasons leading to the enterprise bankruptcy or successful are important research

Interest in the role of entrepreneurial entry in innovation raises the question about the extent to which tax policy encourages or discourages entry. We find that, while the level of the marginal tax rate has a negative effect on entrepreneurial entry, the progressivity of the tax also discourages entrepreneurship, and signiiicantly so for some groups of households. These effects are traceable ...

In this paper, we argue that the economic miracle of China in the past three decades can be attributed to the reallocation of entrepreneurial talent from the government/state and agricultural sectors to business activities. This change is unprecedented in the past two thousand years of Chinese history. When entrepreneurial talent was moved more to business activities, it created wealth, and the...

In this paper we look at the effectiveness of business networks created by alumni of different universities. In particular, we analyze the networking behavior of entrepreneurs in Germany through the emergent structures of their virtual social networks. We automatically collected the publicly accessible portion of the German business networking site Xing.com by crawling the Web. We then filtered...