Generating creative ideas and turning them into innovations is key for competitive
advantage. However, endeavors toward creativity and innovation are bounded by …

The process of economic development is complex and involves many players or actors,
including large and small firms, various levels of government, and combinations of these. At …

This paper illustrates how chronic uncertainty caused by crisis events affects the availability
of entrepreneurial sources of finance for start-ups and small and medium-sized enterprises …

Every now and then one comes upon a genuinely new idea. Professor Saras Sarsvathy's
idea of effectuation is one such. Effectuation is a refreshingly new look at the old …

The entrepreneurial process drives economic activities in the formal economy; however, little
is known theoretically about how the entrepreneurial process works in the informal …

This paper analyses the determinants of venture capital for a sample of 21 countries. In
particular, we consider the importance of initial public offerings (IPOs), gross domestic …

Venture investing plays an important role in entrepreneurship not only because financial
resources are important to new ventures, but also because early investors help shape the …

Bootstrap financing refers to measures that entrepreneurial ventures undertake to preserve
liquidity (eg, reducing expenses, collecting receivables, delaying payments, preselling) …

Despite growing interest in venture capital, there is a paucity of information on the rate of
return to these investments and the limited research that is available refers almost entirely to …

This paper presents the development of start-up companies, their types and potential
sources of financing with special emphasis on financing ventures in Croatia. The expected …