This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

Purpose – The purpose of this paper is to focus on the relationship between corruption and productive entrepreneurship in general and whether it depends on countries' specific characteristics in particular.Design/methodology/approach – The authors used a unique data set of entrepreneurial...

We investigate the importance of the housing-based collateral lending channel on firm borrowing, investment and employment. We focus on small firms in France, Italy, Spain and the United Kingdom. To identify a credit supply effect, as opposed to a home-equity driven demand effect, we compare...

In this paper we apply the concept of necessity and opportunity entrepreneurship to rural Vietnam. The aim is to evaluate whether opportunity entrepreneurs in rural areas in developing countries have a greater potential to stimulate endogenous non-farm growth than necessity entrepreneurs. The...

Firms that specialize in the creation of knowledge and new technology are an important part of many technology-intensive industries today. However, there is little guidance in the management literature on how managers should behave in the presence of markets for technology. This research...

This study sets out to provide contribution to the emerging field of bioeconomy. In bioeconomy, sustainably produced biological resources replace fossil fuels in the production of various products, for final and intermediate consumption in several economic sectors. The focus of the study is...

Purpose: The purpose of the paper is to analyze founders' perceptions of initial configurations and business models in new technology-based firms (NTBFs).Design: Case studies were performed using semi-structured interviews and interactive techniques involving open questions and activity cards to...