This chapter considers historical evidence and frameworks regarding entrepreneurial groups, defined as sets of individuals who are involved in initiating or managing new organizations as owner-managers, investors, advisors, or other helpers. The goals of the chapter are twofold. First, it will offer a selective history of entrepreneurial groups, addressing the legal origins of commercial partne...

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 study advances research on the return from entrepreneurial orientation by examining how a firm’s internal system (i.e.,SHRM) and the external environment (i.e., technical turbulence) within which a firm operates intervene in the relationship between entrepreneurial orientation and product innovation performance. This study finds that entrepreneurial orientation is positively related to pro...

a r t i c l e i n f o The scientific study of youth entrepreneurship is truly in its infancy, with research on the development of entre-preneurship constrained by theoretical foundations that rely on static, trait-like approaches that equate entrepre-neurship with stable personality characteristics. In this article, we define entrepreneurship as a fluid process that relies on the bidirectional ...

No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system. By drawing on two unique data sets – the Forum's Global Competitiveness Index and Global Entrepreneurship Monitor's assessment of entrepreneurial activity – the report takes a nuanced stance on the prevalence and type...

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 ...

Foreign investors in developing countries are exposed to comparatively high levels of environmental uncertainty and often use political activities to manage this uncertainty. At the same time, international entrepreneurs seek out uncertain environments, because of the potential opportunities and upside potential associated with uncertain situations. We investigate the interplay between politica...

We conducted a multiple case study on six IT entrepreneurial firms to examine and compare their differences. Results show that as they evolve from emergence stage to early growth stage, they encounter misalignments between venture strategies and entrepreneurial teams’ social capital configurations, prompting adjustments to achieve dynamic equilibriums. Differentiating between IT product and IT ...

a r t i c l e i n f o a b s t r a c t By demonstrating the importance of entrepreneurial exit to the entrepreneur, the firm, the industry, and the economy I contend that our understanding of the entrepreneurial process is incomplete without the inclusion of entrepreneurial exit. I define entrepreneurial exit and demonstrate how this conceptualization provides concepts that are unique from those...