Entrepreneurship can take a variety of forms and a number of researchers have suggested that it is important to recognize different “types” of entrepreneurship when analyzing issues such as the characteristics of entrepreneurs, their motives for choosing entrepreneurship and the contributions of their entrepreneurial activities...
Many commentators, beginning with Schumpeter, have argued that entrepreneurship is crucial for understanding economic development.[1] Acs and Virgill noted that “[t]he empirical evidence is . . . strong in support of a link between entrepreneurship and economic growth” and that [s]tudies have found that regional...
The Global Entrepreneurship Monitor (“GEM”) is a partnership between the London Business School and Babson College that administers a comprehensive research program to produce annual assessments of national levels of entrepreneurial activity. The project was first launched in 1999, when it covered just ten countries,...
While a good deal of the research regarding entrepreneurship has focused on questions such as identifying individual traits and values that are positively associated with entrepreneurial activities, it is generally conceded that societal culture also plays an important role in entrepreneurship.[1] In fact, as Mueller...
Bell and Stellingwerf noted that a variety of terms have been used to describe “entrepreneurship behavior conducted through an environmental lens” including eco-entrepreneurship, environmental entrepreneurship, Enviropreneurship, green entrepreneurship and green–green businesses.[1] They preferred “ecopreneurship” and included the following examples of definitions and conceptualizations of that...
Few topics in the business area have attracted more attention among academics and journalists than “entrepreneurship”. From an economic perspective, “entrepreneurship” is generally conceptualized as the creation of a new business and the bearing of the risk associated with that business in exchange for profits...
Several scholars have argued that the rate of new venture formation and growth is directly influenced by the institutional environment, both formal and informal, in which the venture is operating.[1] New ventures, being both new and small, must struggle to gain legitimacy and survive in...
Shane et al. argued strongly that differences among people with respect to their personal motivations significantly influenced their actions during the entrepreneurial process and that it was incumbent upon researchers to incorporate individual-level variations in motivations into the study of entrepreneurship.[1] They noted, for example,...
Gibbs noted that the interplay between external factors and the personal motivations of ecopreneurs had been used to suggest various typologies of ecopreneurs.[1] The typology proposed by Walley and Taylor was based on two axes: structural influences and personal orientation/motivation. The structural dimension ranged from...
Founders start businesses for a number of reasons and it is difficult to identify a set of personality traits that can associated with everyone that starts a new business. In fact, a fair number of businesses are started for reasons not chosen by the founder,...