New Venture Creation

Informal new venture creation is based on entrepreneurship activity that is executed in the informal sector1. In this type of NVC, the motivation behind starting a business tends to be more of a necessity-driven activity. This kind of entrepreneurial activity is not based on innovation or creativity and does not lead to growth-orientated businesses. It […]

Research has shown that entrepreneurs are different from non-entrepreneurs and that there is a need for to recognise the diversity among entrepreneurs and their new ventures. This is done by classifying entrepreneurial ventures according to a broad set of parameters. New ventures can be distinguished along four dimensions: individuals, processes, environments, and organisations. Developing a […]

We have developed an effective method through which to measure entrepreneurship propensity and determine new venture creation potential, which is based on several years of research on the entrepreneurship phenomenon. The development of our Entrepreneurship Propensity Index (EPI) was based on a comprehensive study of the relevant literature and seminal research in the field of […]