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It is generally understood that during periods of economic hardship, some persons turn to crime to compensate for income deficiencies. The paper investigates the impact of economic misery on crime. The purpose of this paper is to provide insight into the relationship between economic conditions and economic misery.

An index of misery is employed that takes into account not only the rate of unemployment, but also the rate of inflation. The non-linearity of the relationship between economic misery and crime is modelled using Markov-switching (MS) models and the synchronization of their cycles is measured via the concordance index.

The paper looked at the relationship between economic misery and five types of crime: property crime, theft from motor, theft of motor, fraud and robbery. No evidence of a contemporaneous relationship between economic misery and crime was uncovered. Property and theft of motor crime respond to the state of misery with a lag of one period, supporting the criminal motivation effect. Economic misery is in the same regime as property crime 50 per cent of the time and with theft from motor crime almost 60 per cent of the time.

Most of the theoretical and empirical work is based on larger economies. The paper provides some insight into the relationship between economic conditions and economic misery in developing microstates, a niche which has been largely ignored in the literature. The use of MS models in the paper deviates from the tradition of examining linear relationships on the basis that the variables under investigation are inherently cyclical and linear analysis is likely to provide a weak fit under these circumstances.

Investment in human development is considered a means of improving the quality of life and sustaining economic growth in the Caribbean. The purpose of this paper is to assess the efficacy of public spending on health care and education by evaluating the life expectancy and school enrolment rates of these countries.

Using a data set containing 19 Caribbean countries over the period 1995 to 2007 for health care and 1980 to 2009 for education, a Panel Ordinary Least Squares model was employed.

The results revealed that health expenditure has a significant positive effect on health status, while spending on education has no appreciable influence on either primary or secondary school enrolment.

Unlike previous Caribbean research, the paper explores a variable for quality in the education system, that is, the pupil‐teacher ratio. It also seeks to update the existing Caribbean literature by employing data from 1980 to 2009.

University business incubators (UBIs) are born as tools of the academic world to market research results, for the transfer of technology and to promote entrepreneurial spirit. In these contexts, the exchange of knowledge among entrepreneurs can be a key variable for the development and success of their businesses. This paper aims to analyse the characteristics of entrepreneurs' resources and the institutional logic that prevails in the incubator as determinants of the exchange of knowledge, and the authors examine the results in terms of entrepreneurial commitment and the generation of innovations.

The empirical study carried out on a sample of 101 entrepreneurs in UBIs in Spain and The Netherlands.

The results reveals how complementarity, supplementarity and transferability of resources, as well as incubator predisposition towards business are fundamental for the exchange of knowledge, the development of entrepreneurial spirit and the generation of innovation.

This study makes a contribution towards an understanding of how relationships between university entrepreneurs provide access to and help create useful knowledge for the parties, with this resource constituting one possible source of sustainable competitive advantage.

The commercialization of innovation, which is key to entrepreneurial success, is a combination of several entrepreneurial activities. Building on research from fields of management, strategy, entrepreneurship, economics, and marketing, the paper summarized the extant literature to develop a framework of commercialization and an agenda for future research. The paper aims to discuss these issues.

Extensive review of literature, which was comprised of 194 articles across 62 journals in the fields of management, strategy, entrepreneurship, economics, and marketing.

The literature was categorized into six broad themes of entrepreneurial activities: sources of innovations, types of innovation, market entry (capabilities and feasibility), protection, development, and deployment. Most of the research papers that were reviewed were concentrated on single theme.

Given the identification of six key themes of entrepreneurial activity leading to the commercialization of innovations, research questions were posed as a means to move the research forward by integrating the themes.

This is the first paper in its kind to integrate 194 papers from 62 journals to provide a comprehensive framework of commercialization of innovations.

International work integrated learning (iWIL) placements for university students are widely promoted within universities. However, they cannot be offered and sustained without a great deal of time and effort; most commonly the responsibility of an assigned university facilitator. Preparation and support are essential for a positive student experience and iWIL outcome. However, not all experiences and outcomes are positive, or predictable.

Personal vignettes of university iWIL facilitators are used to create a collaborative autoethnography (CAE) of experiences and outcomes where placements have been affected by unexpected or unprecedented “critical incidents” and the impact incurred on these academics. The vignettes are analyzed according to the Pitard (2016) six-step structural analysis model.

Analysis of the vignettes identifies a resulting workload cost, emotional labor and effect on staff wellbeing. Due to the responsibility and expectations of the position, these incidents placed the university iWIL facilitator in a position of vulnerability, stress, added workload and emotional labor that cannot be compared to other academic teaching roles.

It is intended through the use of “real life” stories presented in the vignettes, to elicit consideration and recognition of the role of the iWIL facilitator when dealing with “the negatives” and “bring to light” management and support strategies needed.

Research is scant on iWIL supervisor experience and management of “critical incidents”, therefore this paper adds to the literature in an area previously overlooked.

The link between social interaction and entrepreneurial activity has attracted considerable attention in the entrepreneurship literature. In this study, we focus on individual cultural values, shaped by interactions in the social space, as they relate to opportunity evaluation, a cornerstone of the entrepreneurial process. We test our predictions in India, a non-Western society that has sustained one of the highest rates of entrepreneurial activity in the world. Our findings suggest that value orientation of high power distance is negatively associated with opportunity evaluation whereas uncertainty avoidance, collectivism, and femininity are positively associated with opportunity evaluation.

This paper aims at exploring the role of legislations in university startups.

Systematic review of legislations in three countries, namely, the USA, Japan and India, has been carried out to assimilate the role of special legislations in university startups.

The findings of the study reveal the important role that legislations can play in bringing out more university startups. Legislations not only protect the interest of the founder but also provide a cushion to explore further opportunities.

The implications for the makers of the legislations and policies start with the understanding that conducive legislations can help the founders to take up the challenge of starting a commercial entity out of research output.

The study adds to the limited literature connecting university startups and legislations.

The primary purpose of this literature review paper is to address the question why it is difficult to define entrepreneurship despite the amount of research that has taken place in the field. In addition, the paper also aims to demonstrate how the struggle to define entrepreneurship has impacted on entrepreneurial careers in Kenya.

The paper reviewed literature on different approaches used by researchers in the struggle to define entrepreneurship. It focused mainly on the trait, behavioral and opportunity identification approaches. It critically examined the extent to which each approach has attempted to explain what entrepreneurship is, and suggests research questions, methodologies and techniques that will do justice to the complexity of defining entrepreneurship.

The findings of the literature review showed that none of the approaches used to define entrepreneurship gives a comprehensive picture of entrepreneurship. There is a lack of a common definition of entrepreneurship. Following the absence of this common definition, professionals in Kenya do not see themselves as entrepreneurs. The researchers and educators must define what they mean when attempting to define entrepreneurship. Rather than concentrate on one part – the entrepreneur; behavior or opportunity identification – they must focus on the whole entrepreneurial process. In addition, researchers and educators need to study the entrepreneur before, during and after the entrepreneurial process.

Further research should be conducted to relate entrepreneurship to other occupations. Each approach needs to expand in this direction.

Research on the impact of the meaning of entrepreneurship on careers in Kenya and other contexts so far has not been conducted.

The purpose of this paper is to examine the moderating effects of cognitive style dimensions on the relationship between entrepreneurs’ optimism and persistence.

This theoretically derived research model is empirically validated using survey data from 198 small and medium-sized enterprises in Ghana.

The study’s empirical findings are that the relationship between entrepreneurs’ optimism and entrepreneurial persistence is enhanced at higher levels of cognitive planning and creating styles. Somewhat interestingly, cognitive knowing style negatively moderates the relationship between optimism and entrepreneurial persistence.

The cross-sectional design of the study does not permit causal inferences to be made regarding the variables examined. Future studies may use longitudinal design to examine the causal links of the variables.

The results of this paper can assist entrepreneurs and policy-makers in understanding the dynamics and processes involved in entrepreneurial decision making. The understanding of this issue can promote the development and maintenance of entrepreneurial ventures.

The paper has a strong theoretical value as it relies on cognitive explanations of human behaviour, and seeks to advance the theoretical field by demonstrating the value of cognitive style within the domain of entrepreneurship.

The purpose of this article is to develop a conceptual framework that recognises the significance of emotional and interactional factors in shaping the development and enactment of entrepreneurial opportunities.

Provides a theory development illustrated through a case study based on secondary sources.

Demonstrates how emotion and interaction ritual chains can extend the scope of entrepreneurial theorising.

Suggests how novel concepts could be deployed to add explanatory power to accounts of entrepreneurial behaviour.

Suggests new approaches to spotting potential entrepreneurial opportunities.

Emotion has received little attention from entrepreneurship researchers. This paper offers one way of filling this gap by developing a strand of microsociological theory that has not previously been applied to the explanation of entrepreneurial behaviour.