The social value of productive entrepreneurship

Ács, Zoltán J.; Boardman, Mary C.; McNeely, Connie L.

doi:10.1007/s11187-011-9396-6

Cited by 138 publications

(120 citation statements)

References 21 publications

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“…Concerning the entrepreneur's social image, authors such as Weenekers and Thurik (1999) and Acs et al (2013) address the debate toward the importance of entrepreneurs not only for economic but also for social value creation. Recently, Laužikas and Dailydaitė (2015) have related the entrepreneur's social image with the social capital created by the entrepreneurs.…”

Section: Theoretical Framework: Institutional Economics and Entreprenmentioning

confidence: 99%

“…Although the sign is expected, H2 is not supported by the results, which is somehow in accordance with the literature. In this regard, there has been a social acceptance of entrepreneurs (Weenekers and Thurik, 1999;Acs et al, 2013). Perhaps, although this generalization exists, it could not be relevant to explain the entrepreneurial activity and specially the university student intention toward entrepreneurship.…”

mentioning

confidence: 99%

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Institutional determinants of student employer entrepreneurs at Catalan universities

Urbano

Aparicio

Guerrero

et al. 2017

Technological Forecasting and Social Change

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Additional information:Use policyThe full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-prot purposes provided that:• a full bibliographic reference is made to the original source • a link is made to the metadata record in DRO • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders.Please consult the full DRO policy for further details. AbstractThis article investigates the influence of informal and formal institutions on the university students' decision of becoming employer entrepreneurs in the context of Catalonia. A sample of 1,207 students from the Universitat Autònoma de Barcelona (UAB) and the Universitat Oberta de Catalunya were surveyed for the period of 2012-2015, and probit regressions over pooled data were used. The main findings suggest that formal factors (university's lack of incentives to create a new business, entrepreneurial knowledge, training and skills, and entrepreneurship education) are higher correlated with the student employer entrepreneurs than informal institutions (role models, entrepreneur's social image and fear of failure). Despite that the entrepreneur's social image does not seem to have an influence on the entrepreneurial decision of university students, the other variables analysed are statistically significant, correlated with entrepreneurship as a choice. Specifically, entrepreneurship education is the most relevant variable in explaining the decision of university students becoming employer entrepreneurs. The paper contributes with policy discussions in order to extend the current debate about the role of the universities in the entrepreneurial process and also the importance of entrepreneurial universities to the society.2

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Section: Theoretical Framework: Institutional Economics and Entreprenmentioning

confidence: 99%

mentioning

confidence: 99%

Institutional determinants of student employer entrepreneurs at Catalan universities

Urbano

Aparicio

Guerrero

et al. 2017

Technological Forecasting and Social Change

View full text Add to dashboard Cite

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“…Other examples of destructive entrepreneurship in the field of organized crime are the piracy in the Malacca Sea outside the coast of Somalia; the emergence of system of state corruption in Russia (Dawisha 2014), or the smuggling of migrants to Europe (European Union 2006), or the use of the bankruptcy system for criminal purposes (Croall 2001(Croall , 2004). Baumol's (1990) theory has received considerable attention; nonetheless, past work elaborating on this theory, though significantly contributing to research progress, has generally been more theoretical and conceptual (see Acs et al 2013;Desai et al 2013). These models generally assume, alike Baumol (1990), that the supply of entrepreneurs is less varying than the allocation of entrepreneurship: destructive entrepreneurship has a negative effect on society and is therefore rentdestroying; unproductive entrepreneurship is rent-seeking, and productive entrepreneurship is rent-creating.…”

Section: Destructive Entrepreneurshipmentioning

confidence: 99%

Destructive entrepreneurship in the small business sector: bankruptcy fraud in Sweden, 1830–2010

2018

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Entrepreneurship will not always productive: Baumol (1990Baumol ( , 1993 distinguishes between productive, unproductive, and destructive entrepreneurial activities, and in the last two cases, new values are not created. Setting of from the notion of destructive entrepreneurship and the bankruptcy institute as framework for the empirical analysis, we use long aggregate series on bankruptcies and bankruptcy frauds in Sweden, 1830-2010. We operationalize destructive entrepreneurship with bankruptcy frauds. The bankruptcy institute is not a pure cleansing mechanism; assets can be redistributed by criminal procedure. Thus, a form of destructive entrepreneurship can be conducted within this system. We link bankruptcy frauds to the selection mechanism-the aggregate bankruptcy volume-over time. We cannot establish any direct linkages between the bankruptcy volume and institutional changes. However, and in line with research on bankruptcy diffusion and diffusion of economic crimes, we find that bankruptcy frauds have significant, positive impacts on the bankruptcy volume. Therefore, our results indicate that increases in bankruptcy frauds, destructive entrepreneurship, would affect the economic system.

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“…Acs et al (2013), for example, argued that it is the output that counts. They argue that a company such as Microsoft has generated tremendous value for many people across the globe and should not be considered 'a-social'.…”

Section: The Concept Of Social Entrepreneurshipmentioning

confidence: 99%