CHAPTER 3

Factors Influencing Entrepreneurial Activities

Introduction

Shane et al. were particularly interested in improving the quality and conciseness of research on how human motivations influence entrepreneurship; however, they suggested a model that may well have a broader application in the design of an analytical framework for studying the various factors that influence entrepreneurship.1 Shane et al. believed that entrepreneurship was best viewed as a “process” that occurred over an extended period of time, rather than an isolated event or moment in time when a person decides whether he or she should become an “entrepreneur.” This process included a number of stages, including recognition of opportunities, development of ideas about ...

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