Around 237,000 new firms have been founded in Germany each year during the last decade. Investigating start-up conditions and start-up success is an important concern of economic research, since the establishment of new firms is seen as a major driver of economic growth. New firms speed up...

Recent theoretical work has suggested “entrepreneurial capabilities” themselves may provide the resource foundations to deliver competitive advantage for entrepreneurial firms. This paper empirically examines how start-ups use such entrepreneurial capabilities to build competitive advantage....

In 2005, Portugal introduced a business registration reform - the On the Spot Firm program - with the goal of promoting the establishment of new start-ups and, ultimately, stimulating investment and economic growth. However, the question remains as to whether this policy has successfully...

Amidst attempts to recover from one of the worst recessions since the Great Depression, economists continue to analyze the role of entrepreneurship within the United States economy. While many economists focus on the availability and characteristics of individual entrepreneurs, other scholars...

In this paper we use a survey of 281 Czech, Hungarian and Polish newly established small private firms in order to shed some light on the constrains these firms face in the credit market. The results of our survey show that imperfections in capital markets in Central European economies do not...

Bereits Schumpeter (1934, 1942) beschreibt, wie technologischer Fortschritt die neuartige und wertschaffende Kombination von Ressourcen ermöglicht. Das dadurch entstehende Ungleichgewicht im Markt ermöglicht es Unternehmern, diese „Chancen“ zu verfolgen und neue Technologien in...

Seminal papers of Solow (1957) and Swan (1956) stimulated debate among economists on the role of technical change in productivity improvements and for that matter economic growth. The consensus is that technological change accounts for a significant proportion of gross national product (GNP)...

Purpose – This paper aims to explore the phenomenon of senior women managers leaving corporate organisations to start their own companies. Women's advancement to senior management roles is facilitated by the acquisition of human capital and social capital. Female ex-corporate managers leverage...

This case examines technological entrepreneurship and human capital in a remote village in southeast India. Sethu Sethunarayanan, director of the nongovernment organization (NGO) Center for Development of Disadvantaged People (CDDP), uses technology to improve the lives of impoverished people,...

Principal Topic In this paper we seek to highlight the important intermediate role that the gestation process plays in entrepreneurship by examining its key antecedents and its consequences for new venture emergence. In doing so we take a behavioural perspective and argue that it is not only...