The purpose of this article is to identify the connection between entrepreneurial education and the development of entrepreneurship and to reexamine the importance of education in an intention of starting a business venture. In the process of education skills, culture and attitudes on particular subjects are established. Entrepreneurial education especially enables the combination of experimental learning, skills development and, the most important thing, the change in the way of thinking of individuals. Researches have shown that entrepreneurship can be learned because education can help to achieve and increase the awareness and acceptance of entrepreneurship as a valuable career option. Entrepreneurial education is strategically directed towards establishing an entrepreneurial venture. Conducted meta-analysis shows that there is a positive link between entrepreneurial education and entrepreneurial intentions which confirms the success of the current entrepreneurial education programmes and the importance of further enhancing and developing those programmes.
PurposeThis study responds to calls by researchers to examine the relation between innovation and entrepreneurial ecosystems more closely, and also to further broaden our understanding of regional intellectual capital formation.Design/methodology/approachA cross-sectional analysis was conducted on NUTS 2 regions of the selected EU countries. In the empirical part of the research, multiple linear regression approaches were carried out using secondary data.FindingsIn sampled regions, the entrepreneurial ecosystem positively affects levels of high growth firms and levels of regional innovation capital.Practical implicationsResults lend further support to policymakers to develop and implement a regional-specific policy for fostering entrepreneurial ecosystems. However, given the multiple output nature of entrepreneurial ecosystems, this issue becomes more complicated than ever before.Originality/valueThis study builds upon previous research and complements it by widening the range of effects that the entrepreneurial ecosystem has. In doing so, this study is the first to examine the concurrent effects of these ecosystems on levels of high growth firms and innovation capital while using a regional innovation capital outlook.
Despite the massive volume of published articles, the pool of knowledge on entrepreneurial teams needs to be algorithmically classified and meticulously scrutinised. It is crucial for the field to be historically positioned under relevant themes, internally connected in terms of conceptual foundations, and systematically categorised in consonance with previously utilised frameworks of analysis. These concerns are resolved in this study by conducting a bibliometric analysis of 672 relevant articles. This form of analysis has not been previously employed on the topic of entrepreneurial teams. First, this study identifies eight main thematic clusters in the entrepreneurial teams field and their sub-themes. The eight main thematic clusters are: (i) Intellectual Capital, (ii) Cognition and Behaviour, (iii) Science and Technology, (iv) Finance, (v) Transformation, (vi) Internationalisation, (vii) Family, and (viii) Community and Surroundings. Second, the study reveals the clusters most needing restoration, relations between clusters, and input-mediator-output variables by their respective cluster. In addition, an implied scholarly depiction of entrepreneurial teams is articulated, which can serve as a basis for developing an entrepreneurial teams theory. Finally, promising avenues for future research are suggested for the entire field and every cluster specifically.
In this paper we first present some developed theories of financing that firms might accord with in their development stages. The framework, assumptions and predictions of the capital structure of firms in each theory is shown. Afterwards, crowdfunding, as a fairly new source of financing that is increasing significance, is described and is differentiated on the basis of the type of return on investment for the outside investors. In recent literature there have been models that introduce crowdfunding in the framework of financing firms through their life cycle stages. We point the difficulty of encompassing crowdfunding in the mentioned models because of characteristics that are unique to it from the perspective of the investor and the firm. While it is not surprising that crowdfunding is used in development stages, these characteristics make it difficult to construct a model of financing firms that has traditional means of financing and crowdfunding.
This paper tests the initial Shapero-Sokol model of an entrepreneurial event, as well as expands it through the use of quadratic and moderating effects. Structural equation modelling is applied to a sample of undergraduate students in Croatia that completed a questionnaire in 2019. Findings show that perceived desirability and perceived feasibility have a positive impact on entrepreneurial intentions, whereas the propensity to act has a negative effect. A closer look reveals that there are other significant effects in the model as well. Quadratic effect is positive for perceived desirability and perceived feasibility, while negative for propensity to act. Lastly, perceived feasibility positively moderates the relations for both perceived desirability and propensity to act on entrepreneurial intentions.
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