Abstract
The concept of opportunity entrepreneurship has been of interest to researchers for many years. The aim of this chapter is to analyze opportunity entrepreneurship by considering some factors that influence entrepreneurial capital, originating from three fields: cultural background, transaction characteristics and economic institutions. These factors are not separate or isolated in their structural effects on opportunity entrepreneurship. Therefore, this chapter identifies the opportunity entrepreneurship determination framework, allowing for endogenous phenomena. This chapter also identifies ways of creating a different world, more oriented toward opportunity entrepreneurship, by postulating changed human behaviors and then analyzing the effects observed.
This chapter presents a working paper by Petrakis P.E. and Kostis P.C. (2013).
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Petrakis, P.E. (2014). The Effects of Culture, Transactions and Institutions on Opportunity Entrepreneurship. In: Culture, Growth and Economic Policy. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-41440-4_14
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DOI: https://doi.org/10.1007/978-3-642-41440-4_14
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