We model and test the relationship between social commercial entrepreneurship drawing on capital theory. propose that country prevalence rate of is an indicator constructible nation–level enhances likelihood individual entry. further posit both entrepreneurial entry facilitated by certain formal institutions, namely strong property rights (low) government activism, albeit latter impacts each these types differently. apply bivariate discrete choice multilevel modeling to...

We advance research on human capital and entrepreneurial entry posit that, in order to generate value, social entrepreneurship requires different configurations of than commercial entrepreneurship. develop a multilevel framework analyse the commonalities differences between entrepreneurship, including impact general specific capital, national context its moderating effect capital-entrepreneurship relationship. find that is relatively more important effects depend rule law.

In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced entrepreneurial development Russia. We utilize Global Entrepreneurship Monitor (GEM) data collected 2001 2002 investigate effects of weak institutional environment Russia on entrepreneurship, comparing it first with all available GEM country samples second, more detail, Brazil Poland. Our results provide strong evidence that Russia's is important explain its relatively low...

Abstract The impact of the shadow economy on entrepreneurial entry across countries is analyzed utilising 1998–2005 individual‐level G lobal E ntrepreneurship M onitor data and national macro‐economic variables. A simple correlation coefficient suggests a positive relationship between size likelihood entry. However, this masks more complex relationships, if, as argued, an embedded social phenomenon. With appropriate controls instrumenting for potential endogeneity, in linear specification...

This article explores the growth aspirations of owners and managers young firms in a post-conflict economy by focusing on social capital. It treats capital as multidimensional, multilevel phenomenon, studying effects discussion network characteristics, trust institutions, generalised people local ethnic pluralism. We argue that country, pluralism is indicative norms tolerance towards experimentation risk taking which support aspirations. also distinguishes between hired owners-managers. The...

In order to understand how the environment influences business owner/managers' attitudes towards tax morale, we build a theoretical model based on neo-institutionalist framework. Our combines three complementary perspectives institutions—normative, cultural–cognitive and regulatory–instrumental. This enables broader understanding of factors that influence owner–managers' evasion. We test resulting hypotheses using regression analysis survey data owner/managers in Latvia—a transition country,...

Trust is a critical component of our relationship with others.It forms basis not only social relations but also economic ones.Trust necessarily linked to entrepreneurship because it useful in conditions uncertainty.An entrepreneur needs gain trust others who cannot obtain full knowledge on what being introduced the market as well such partners, employees and suppliers deliver promises.This study aims examine role entrepreneurship.After reviewing conceptualisation trust, we argue that should...

This virtual special issue includes research on the effects of crises, in particular COVID-19 pandemic, entrepreneurship, and entrepreneurial responses to deal with consequences crises. highlights how crises affect entrepreneurs’ well-being reinforce importance agency entrepreneurs other citizens. The also need for resilience; ability entrepreneurs, organizations, economies absorb adapt shocks; it can be strengthened. We discuss data times crisis greater engaged scholarship.

Local governance and business performance in Vietnam: the transaction costs' perspective. Regional Studies. This paper adopts a perspective to explain why growth of small medium-sized enterprises (SMEs) may vary across regions an emerging economy. Furthermore, it is argued that young firms gain more from improvement local than do old large firms. In addition, depending on institutional history, SMEs will respond differently incentives provided by governance. Analysing 300,000 Vietnam during...

We apply prospect theory to explain how personal and corporate bankruptcy laws affect risk perceptions of entrepreneurs at time entry therefore their growth ambitions. Previous theories have reached ambiguous conclusions as whether countries with more debtor-friendly (i.e. that are forgiving towards debtors in proceedings) likely entrepreneurs, or whether, creditor-friendly regimes positive effects on new ventures via enhanced incentives for the supply credit entrepreneurs. Responding this...

We posit that entrepreneurs who engage in strategic activities will have high growth aspirations. Our proposed mechanism is engagements, specifically product innovation, process innovation and internationalization, open entrepreneurial ventures to learning, thereby greater opportunities. Furthermore, these learning effects are reinforced research-intensive industrial environments. apply multilevel random slope estimation for individuals from 74 countries, 2001–2015, derive results consistent...

Abstract Research Summary We consider what configurations of historical and geographic dimensions influence entrepreneurial growth aspirations (EGA). Our theoretical framework combines geography (coastal location, resource dependence), long‐term colonial history (ethnic heterogeneity, legal origins), postcolonial (low levels conflict population displacement; not having “bad neighbors”). employ abductive reasoning to link the social science literatures via analytically structured histories...

Abstract Research Summary Past research views institutions as stable and slow to change uses institutional differences explain cross‐national variation in entrepreneurship. This article introduces a new perspective theory, that of short‐term change. Integrating insights from cognitive science allows us theorize not just about the significance but also why how deterioration versus improvements have distinct effects. We test impacts entrepreneurship cross‐country multilevel study. find rule...

Purpose Utilising the Theory of Planned Behaviour as conceptual framework, authors argue that entrepreneurial financial failure enhances growth aspirations for subsequent start-up projects. Furthermore, this effect is particularly strong individuals rich in human capital, both general and specific; them, an business likely to be subsequently transformed into higher aspirations. Design/methodology/approach The employ multilevel estimation techniques applied Global Entrepreneurship Monitor...

This article applies a multinomial logit estimator to investigate which factors affect SME owners' expectations grow their businesses in Lithuania. Our findings provide evidence that human capital (education) matters and growth are positively related exporting. In addition, we analyse the link between perceptions of business constraints find factors, perceived as main barriers, not necessarily those associated with reduced expectations. However, corruption seem most.

Abstract Using data on 157 large companies in Poland and Hungary, this paper employs Bayesian structural equation modeling to examine the relations among corporate governance, managers' independence from owners terms of strategic decision making, exporting, performance. Managers' is positively associated with firms' financial performance exporting. In turn, extent negatively ownership concentration, but percentage foreign directors firm's board. We interpret these results as indicating that...