Topic
Entrepreneurship
About: Entrepreneurship is a research topic. Over the lifetime, 71760 publications have been published within this topic receiving 1758844 citations.
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TL;DR: In this paper, the authors define entrepreneurship as "the creation of organizations" and argue that what differentiates entrepreneurs from non-entrepreneurs is that entrepreneurs create organizations, while non-Entrepreneurs do not.
Abstract: Entrepreneurship is the creation of organizations. What differentiates entrepreneurs from non-entrepreneurs is that entrepreneurs create organizations, while non-entrepreneurs do not. In behavioral...
3,480 citations
TL;DR: The formation of organizations that are international from inception is an increasingly important phenomenon that is incongruent with traditionally expected characteristics of multinational enterprises as mentioned in this paper, and a framework is presented that explains the phenomenon by integrating international business, entrepreneurship, and strategic management theory that describes four necessary and sufficient elements for the existence of international new ventures.
Abstract: The formation of organizations that are international from inception—international new ventures—is an increasingly important phenomenon that is incongruent with traditionally expected characteristics of multinational enterprises A framework is presented that explains the phenomenon by integrating international business, entrepreneurship, and strategic management theory That framework describes four necessary and sufficient elements for the existence of international new ventures: (1) organizational formation through internalization of some transactions, (2) strong reliance on alternative governance structures to access resources, (3) establishment of foreign location advantages, and (4) control over unique resources
3,469 citations
TL;DR: The authors construct an endogenous growth model in which financial systems evaluate prospective entrepreneurs, mobilize savings to finance the most promising productivity-enhancing activities, diversify the risks associated with these innovative activities and reveal the expected profits from engaging in innovation rather than the production of existing goods using existing methods.
3,452 citations
Book Chapter•
01 May 2003TL;DR: In this article, the authors examined the developmental process of nascent entrepreneurs for 18 months and found that bridging and bonding social capital, consisting of both strong and weak ties, was a robust predictor for nascent entrepreneurs and advancing through the start-up process.
Abstract: This study examines nascent entrepreneurship by comparing individuals engaged in nascent activities (n=380) with a control group (n=608), after screening a sample from the general population (n=30,427). The study then follows the developmental process of nascent entrepreneurs for 18 months. Bridging and bonding social capital, consisting of both strong and weak ties, was a robust predictor for nascent entrepreneurs, as well as for advancing through the start-up process. With regard to outcomes like first sale or showing a profit, only one aspect of social capital, viz. being a member of a business network, had a statistically significant positive effect. The study supports human capital in predicting entry into nascent entrepreneurship, but only weakly for carrying the start-up process towards successful completion.
3,414 citations