Handbook Of Entrepreneurial Dynamics

Provides a forum for scholars to generate a different theory, identify promising research directions, and present important insights to a wide audience of scholars in entrepreneurship. In order to study individuals as their businesses take shape, this book located and studied nascent entrepreneurs in the process of building their enterprises.

The chapters in The Handbook of Entrepreneurial Dynamics provide the rationale for questionnaires used in the Panel Study of Entrepreneurial Dynamics (PSED). The PSED is a research program that was initiated to provide systematic, reliable, and generalizable data on important features of the new business creation process. The PSED includes information on the proportion and characteristics of the adult population involved in efforts to start businesses, the activities and characteristics that comprise the nature of the business start-up process, and the proportion and characteristics of those business start-up efforts that actually become new businesses. The handbook also describes the PSED data collection process; provides documentation of the interview schedules, codebooks, data preparation and weighting scheme; as well as offers examples of how analyses of PSED data might be conducted. The authors identify specific measures that can be used to operationalize theory as well as provide evidence from the PSED data sets on these measures' reliability and validity.

'The Handbook of Entrepreneurial Dynamics' provides an important forum for scholars to generate new theory, identify promising research directions, & present important insights to a very wide audience of scholars in entrepreneurship.

This handbook reports on the creation andresults of the Panel Study of Entrepreneurial Dynamics (PSED) that wasconducted by the Entrepreneurship Research Consortium (ERC), founded in 1995.The PSED was created to develop a representative portrait of entrepreneurialactivity in the United States.A panel of nascent entrepreneurs wascreated, along with a control group of non-entrepreneurs. Individuals in theprocess of creating new businesses could be studied to generate systematic,reliable, and generalizable data on business creation. The handbook reports on the creation of the ERC, provides detailedinformation about the rationale used in developing the questionnaires for thePSED, and summarizes the theoretical perspectives operationalized, andvariables used, in the PSED. The PSED model has three "transitionpoints": (1) the "conception," (2) the startup process, and (3)"outcomes" of the new firm. These points generate various researchquestions: "What are the tendencies and features of those who startbusinesses?" "How do nascent entrepreneurs go about forming abusiness?" "Why are some successful?" and "Why are some firmslikely to succeed, persist, or die?" The research design had two majorparts: (1) identifying and interviewing nascent entrepreneurs and a controlgroup, and (2) the content of the interviews. Each of the 38 chapters in the handbook was written by a scholar in the ERCwho reports on a key theoretical perspective and variables associated with thattheory. The results showed the great diversity and variety in the process ofbusiness creation. Chapters in Part I, "Demographic Characteristics of theEntrepreneur," discuss the theory, measures, and evidence about thedemographic characteristics of both nascent entrepreneurs and the comparisongroup. Aspects discussed include age and other demographics, income and networth, work and education background, and family background. Part II, "Cognitive Characteristics of the Entrepreneur," surveysthe cognitive characteristics that might determine whether nascententrepreneurs think differently than the comparison group and how types ofnascent entrepreneurs might be distinguished. Topics surveyed include careerreasons, job and life satisfaction, entrepreneurial expectations, innovationand problem-solving style, and social skills. Chapters in Part III, "The Start-up Process," explore the process ofbusiness formation. They describe the kinds and types of businesses, steps andphases of the process, social networks, funding, and business expectations. Part IV, "The Entrepreneurial Environment," explores the context ofthe startup effort and the strategic and technology orientations of theemerging new firms. Three appendixes explain the PSED data collection process, datadocumentation and preparation, use of weights, and how analysis of the datasets can be conducted. (TNM).

This monograph presents the results of The Panel Study of Entrepreneurial Dynamics [PSED] II and is the only nationally representative dataset of new business creation providing a critical source of information on the early stages of the entrepreneurial process.

Due to the 2008-2009 crisis, the United Nations 2030 agenda for sustainable development, and the COVID-19 pandemic, the role of entrepreneurship has become more critical in most economies. Moreover, emerging protectionist policies are further encouraging the emergence of new entrepreneurial projects, particularly to replace goods and services traditionally provided by other countries. Understanding current challenges and best practices in nascent entrepreneurship is integral for the successful launching of new ventures to support the revitalization of economies and achieve sustainability. The Handbook of Research on Nascent Entrepreneurship and Creating New Ventures is a crucial reference source that covers the latest empirical research findings in the field of entrepreneurship and addresses the obstacles entrepreneurs face in these recent challenging times. The book embraces a pluralistic perspective from academicians currently navigating nascent entrepreneurship and key concepts for launching successful new ventures. Covering topics that include government support programs, spin-off companies, leadership, strategic entrepreneurship, and crowdfunding, this book is targeted towards entrepreneurs, professionals, academicians, researchers, and students.

This book is a well written and handy source for readers. Additionally, it provides an overview of current issues relevant to the development of entrepreneurial policy, which is based on interesting case studies across a number of nations. . . Dessy Irawati, International Journal of Entrepreneurial Behaviour and Research What is new in the world is the need to understand business dynamics; the entry, exit and growth of firms in the economy. This dynamic firm structure, as opposed to the static firm structure that dominated past thinking, has spurred an outpouring of research. The heart of the issue is that while many have identified the importance of business dynamics (entry and exit) we have only recently taken a closer look at the ecological system in which some companies must die for others to thrive. Entrepreneurs are the predators of this system. Public policy in an entrepreneurial economy (dynamic) must limit the forces that prevent firm exit and foster the forces that promote firm entry. This book makes an important contribution to the debate. Zoltan J. Acs, George Mason University, US and Max Planck Institute of Economics, Germany This unique Handbook provides a solid foundation for essential study in the nascent field of entrepreneurship policy research. This foundation is initially developed via the exploration of two significant propositions underpinning the nature of entrepreneurship policy research. The first is that entrepreneurship has emerged as a bona fide focus of public policy, particularly with respect to economic growth and employment creation. The second is that neither scholars nor policy makers are presently equipped to understand the public policy role for entrepreneurship. The contributors experienced scholars, specialist researchers and dynamic policy makers thus grapple with novel questions of considerable policy relevance that few have previously posed. The Handbook therefore provides some of the first crucial, systematic analyses of important issues, and key questions to be raised in order to move entrepreneurship policy forward are also presented. Written by academics and practitioners drawing examples from both North America and Europe, this stimulating new Handbook is a prerequisite for students, scholars and practitioners in the incipient world of entrepreneurship policy.

Globalization demands the construction of new business methods to enable companies to remain highly competitive. Due to this demand, cultural differences are now being implemented into policies and procedures as companies expand and seek to collaborate with international entrepreneurs. The Handbook of Research on Entrepreneurial Ecosystems and Social Dynamics in a Globalized World is a pivotal reference source for emergent aspects of internationalization and regional development in an entrepreneurial context. Featuring extensive coverage on relevant areas such as digital entrepreneurship, sustainability, and financial performance, this publication is an ideal resource for academics, public and private institutions, developers, professors, researchers, and post-graduate students seeking current research on globalized entrepreneurship.