The contextual factors of entrepreneurship consist of social, political, and economic variables such as displacement, changes in markets, and government deregulation (Bird, 1988). Entrepreneurial intentions are further structured by both rational/analytic thinking (goal-directed behavior) and intuitive/holistic thinking (vision). These thought processes underlie the creation of formal business plans, opportunity analysis, and other goal-directed behavior. This paper further develops Bird's model of entrepreneurial intentionality by suggesting that individual self-efficacy, which has been defined as a person's belief in his or her capability to perform a task, influences the development of both entrepreneurial intentions and actions or behaviors.

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">This study undertook an empirical survey of the factors, which mostly influence individual investor behavior in the Greek stock exchange.<strong> </strong>The results revealed by our sample of 150 respondents confirm that there seems to be a certain degree of correlation between the factors that behavioral finance theory and previous empirical evidence identify as the influencing factors for the average equity investor, and the individual behavior of active investors in the Athens Stock Exchange (ASE) influenced by the overall trends prevailing at the time of the survey in the ASE.</span></span></p>

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The succession process in family firms has by far been determined to be the most critical phase in the family business life-cycle (e.g. Morris et al. Journal of Business Venturing 18:513-531, 1997;Wang et al. 2000) and characterized as the period in which most family firm fatalities occur (Handler and Kram Family Business Review 1: 1988). This paper is an empirical study on Greek family firms and seeks to identify the critical success factors that have a major impact on the outcome of a generational transition in the leadership of the family firm. Based on an integrated conceptual framework proposed by Pyromalis et al. (2006), we test the impact of five factors, namely the incumbent's propensity to step aside, the successor's willingness to take over, the positive family relations and communication, succession planning, and the successor's appropriateness and preparation on both the satisfaction of the stakeholders with the succession process and the effectiveness of the succession process per se. The results provide a useful insight and confirm the importance of the aforementioned factors in the succession process by mapping a safe passage through the family business succession process, and by contributing not only to the overall family business literature but also generating strong arguments in favor of the family firm as an integral entrepreneurial element for a region's sustainable economic development.

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That entrepreneurship is vitally important to the economic development of a nation Is Indubitable. However, divergent approaches to promoting and fostering entrepreneurial development in the developing countries have been suggested. This paper explores the role of technology transfer to promote entrepreneurship in the LDCs. We argue that entrepreneurial development depends, among other things, on the technology content and context, mode of technology transfer, the recipient country's level of economic development, and the absorptive capacity of local firms. Propositions and implications are offered to guide future research and practice in international entreprenuership.

Empirically-based research and theory on currant internal problems of small business Is lacking since most research has dealt ex post facto with causes of small business failure and success. In addition, small business problems have not been correlated with the different stages of the overall development of the firm or different stages of the exporting process. This study attempts to fill a portion of this gap by empirically examining the differences between overall and exporting problems of small exporters at different stages of overall and exporting development.