The Entrepreneurial Society

Sanders, Mark; Elert, Niklas; Henrekson, Magnus

doi:10.1007/978-3-662-59586-2

Cited by 50 publications

(25 citation statements)

References 263 publications

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“…Second, finance is critical. The results on control variables document that the availability of informal investment and business angels has strong effects on entrepreneurial growth aspirations and policymakers should promote regulations that make that type of finance attractive (Elert et al. , 2019).…”

Section: Discussionmentioning

confidence: 96%

“…, 2019). Government money is allocated to support entrepreneurship even while the discussion about the best policy tools for achieving this is far from being resolved (Elert et al. , 2019).…”

Section: Discussionmentioning

confidence: 99%

“…, 2019). In consequence, policy makers and society at large are keen to stimulate the creation of ambitious new ventures that are expected to positively influence overall economic activity and generate employment and innovation (Elert et al. , 2019).…”

Section: Introductionmentioning

confidence: 99%

“…Entrepreneurship is receiving increasing attention in recent years because of its contribution to employment and economic growth (Urbano et al, 2019), with ambitious projects aimed at creating large impactful companies drawing particular attention (Autio et al, 2013;Estrin et al, 2013;Capelleras et al, 2019). In consequence, policy makers and society at large are keen to stimulate the creation of ambitious new ventures that are expected to positively influence overall economic activity and generate employment and innovation (Elert et al, 2019). Within the entrepreneurship research field, high growth aspirations are seen as being relevant to both economics and to strategic entrepreneurship (Schr€ oder et al, 2021;Autio and Acs, 2010).…”

Section: Introductionmentioning

confidence: 99%

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Entrepreneurial growth aspirations at re-entry after failure

Fuentelsaz

González

Mickiewicz

2023

IJEBR

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PurposeUtilising the Theory of Planned Behaviour as the conceptual framework, the authors argue that entrepreneurial financial failure enhances entrepreneurial growth aspirations for the subsequent start-up projects. Furthermore, this effect is particularly strong for individuals rich in human capital, both general and specific; for them, financial failure of an entrepreneurial business is likely to be subsequently transformed into higher entrepreneurial growth aspirations.Design/methodology/approachThe authors employ multilevel estimation techniques applied to Global Entrepreneurship Monitor data consisting of annual subsamples, each with at least 2,000 observations drawn from the working age population of 95 countries, for the period 2007–2019.FindingsThe results confirm that the experience of financial failure, both individual and societal, leads to higher growth aspirations for subsequent ventures, while exit for opportunity reasons has an even stronger positive effect on growth aspirations. Furthermore, higher education and entrepreneurial experience enhance the positive impact of financial failure on the growth aspirations of subsequent start-ups.Originality/valueThe authors demonstrate that the Theory of Planned Behaviour, which centres on intentions, can be successfully utilised to understand why entrepreneurial failure may be transformed into high growth aspirations for subsequent projects and why this effect may be enhanced by the human capital of the entrepreneur. Furthermore, the authors apply multilevel methods to a large international dataset from Global Entrepreneurship Monitor and produce novel empirical evidence supporting their theoretical predictions.

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Section: Discussionmentioning

confidence: 96%

Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Entrepreneurial growth aspirations at re-entry after failure

Fuentelsaz

González

Mickiewicz

2023

IJEBR

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“…Thus, the economic and market potentials are quite similar. Entrepreneurial potential demonstrates the creation of new businesses and describes individual's outcomes and reasons for its diversification (Elert et al, 2019;Jayawarna et al, 2014).…”

Section: Problem Statementmentioning

confidence: 99%

Regional Competitiveness And Monetary Potential: A Conceptual Approach

Rozhkov¹,

Rozhkova²,

Blinova³

et al. 2021

European Proceedings of Social and Behavioural Sciences

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The Refugee Crisis and the Reinvigoration of the Nation-State: Does the European Union Have a Common Asylum Policy?

Henrekson

Öner

Sanandaji

2020

The European Union and the Return of the Nation State

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The European Union officially proclaims to have a common asylum policy. However, the common treaties leave a great deal of discretion to the individual member countries, which allow them to regulate refugee migration while still upholding international treaties. Member countries have authority over border controls, the processing of asylum applications as well as economic benefits provided to refugees. We show that the differences in refugee flows are so extensive and systematic that the existence of a common EU asylum policy is debatable. The commitments made by the member countries are largely voluntary, and asylum policy is mainly determined at the national level. The discrepancies between the member countries strongly signal that the European Union may not be an optimal region for a common asylum policy. An asylum policy should instead be determined at the national level concordant with the regional and local level, where integration measures are implemented in practice. Meanwhile, the European Union can play an important role through refugee aid to afflicted countries, treaties with third countries, rescue actions in the Mediterranean and control of the external EU borders.

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The Entrepreneurial Society

Abstract: This book is an open access publication.

Cited by 50 publications

References 263 publications

Entrepreneurial growth aspirations at re-entry after failure

Entrepreneurial growth aspirations at re-entry after failure

Regional Competitiveness And Monetary Potential: A Conceptual Approach

The Refugee Crisis and the Reinvigoration of the Nation-State: Does the European Union Have a Common Asylum Policy?

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