Entrepreneurship and advancing national level economic efficiency

Vicarious warfare and dynamic efficiency of companies in the aerospace and defence industry

“…Following the previous studies on second stage analysis in efficiency evaluation (for example, Cummins, Weiss, Xie, & Zi, 2010;Du & O'Connor, 2018;Nourani et al, 2017), this study uses a number of variables, categorized into country-level and firm-level variables (Kim, Papanastassiou, & Nguyen, 2017), to control for the factors that 2014) that focus on treating the overall operating process of a company as a production process. The two main inputs for an aerospace and defence company are capital (resources) and labour (manpower).…”

“…Following the previous studies on second stage analysis in efficiency evaluation (for example, Cummins, Weiss, Xie, & Zi, ; Du & O'Connor, ; Nourani et al, ), this study uses a number of variables, categorized into country‐level and firm‐level variables (Kim, Papanastassiou, & Nguyen, ), to control for the factors that appeared to influence firms' efficiency. The country‐level control variables are (a) CPI is the weighted average of changes in price of consumer goods and services within a country at the constant of respective 2010 consumer price index; and (b) GDP is the natural logarithm of the monetary value of all the finished goods and services produced annually within a country at the constant of 2010 US dollars.…”

From teachers to students creativity? the mediating role of entrepreneurial education

“…Entrepreneurship has been widely acknowledged by scholars and policymakers as crucial for economic development in a nation (Beresford, 2020;Du & O'Connor, 2018). Some researchers believe that entrepreneurship takes a major portion for supporting the country's economy due to the pivotal role of entrepreneurship in providing new job opportunities and alleviating poverty (Bosma et al, 2018;Peprah & Adekoya, 2020;Shepherd et al, 2020).…”

The Need for Increasing Black Entrepreneurship as a Result of the COVID-19 Pandemic

“…Entrepreneurs are important economic actors (Birch, 1987;Du & O'Connor, 2018;Schumpeter, 1934) whose new ventures stimulate economic activity and ensure economic and business dynamism through the process of creative destruction (Schumpeter, 1934). In fact, research has consistently found that new entrepreneurial ventures and small businesses have been the major source of the net new jobs in the U.S. economy in recent decades (Birch, 1987;Kirchoff & Phillips, 1988;Scarborough & Cornwell, 2019;Van Stel & Storey, 2004) and may be responsible for up to half of U.S. GDP (Cornwall, 2008).…”