The research concentrates on connections between different dimensions of entrepreneurial capacity and openness towards innovations on one side, and an individual’s decision to become an entrepreneur on the other. The results show that an individual’s decision to become an entrepreneur in Slovenia is significantly correlated with entrepreneurial awareness, risk aversion and willingness to try new products/services. The correlation is positive in the case of entrepreneurial awareness and in the case of willingness to try new products/services, and negative in the case of risk aversion. An important result of our research is that the belief in the benefits of newness is not significantly correlated with the decision to become an entrepreneur. The results show that willingness to try new products/services is more important than the belief that innovative products/services produced by others will improve one’s life.
Acs, Z. J. — Audretsch, D. B. — Braunerhjelm, P. — Carlsson, B. (2005): The Knowledge Spillover Theory of Entrepreneurship, Discussion Papers on Entrepreneurship, Growth and Public Policy 2005–27, Max Planck Institute of Economics, Group for Entrepreneurship, Growth and Public Policy.
Aldrich, H. — Zimmer, C. (1986): Entrepreneurship through Social Networks. In: Sexton, D. L. — Smilor, R. W. (eds.): The Art and Science of Entrepreneurship. Cambridge, MA: Ballinger 3–23.
Zimmer C. , '', in The Art and Science of Entrepreneurship , (1986 ) -.
Arenius, P. — Kovalainen, A. (2006): Similarities and Differences Across the Factors Associated with Women’s Self-employment Preference. International Small Business Journal 24(1): 31–59.
Kovalainen A. , 'Similarities and Differences Across the Factors Associated with Women’s Self-employment Preference ' (2006 ) 24 International Small Business Journal : 31 -59 .
Arenius, P. — Minniti, M. (2005): Perceptual Variables and Nascent Entrepreneurship. Small Business Economics 24: 233–247.
Minniti M. , 'Perceptual Variables and Nascent Entrepreneurship ' (2005 ) 24 Small Business Economics : 233 -247 .
Audretsch, D. B. (1995): Innovation and Industry Evolution. Cambridge, MA: MIT Press.
Audretsch D. B. , '', in Innovation and Industry Evolution , (1995 ) -.
Bhide, A. (2006): Venturesome Consumption, Innovation and Globalization. Paper for a Joint Conference of CESifo and the Center on Capitalism and Society, Perspectives on the Performance of the Continent’s Economies Venice 21–22 July.
Bosma, N. — Jones, K. — Autio, E. — Levie, J. (2008): Global Entrepreneurship Monitor, 2007 Executive Report. Babson College, London Business School, and GERA.
Busenitz, L. W. — Barney, J. B. (1997): Differences between Entrepreneurs and Managers in Large Organizations: Biases and Heuristics and Strategic Decision-Making. Journal of Business Venturing 12: 9–30.
Barney J. B. , 'Differences between Entrepreneurs and Managers in Large Organizations: Biases and Heuristics and Strategic Decision-Making ' (1997 ) 12 Journal of Business Venturing : 9 -30 .
Charan, R. (1991): How Networks Reshape Organizations — For Results. Harvard Business Review 104–115.
Davidsson, P. (1991): Continued Entrepreneurship: Ability, Need and Opportunity as Determinants of Small Firm Growth. Journal of Business Venturing 6: 405–429.
Davidsson P. , 'Continued Entrepreneurship: Ability, Need and Opportunity as Determinants of Small Firm Growth ' (1991 ) 6 Journal of Business Venturing : 405 -429 .
Davidsson, P. (2003): The Domain of Entrepreneurship Research: Some Suggestions. In: Katz, J. A. — Shepherd, D. (eds.): Cognitive Approaches to Entrepreneurship Research, Advances in Entrepreneurship, Firm Emergence and Growth. Elsevier/JAI Press, Oxford 6: 315–372.
Davidsson P. , '', in Cognitive Approaches to Entrepreneurship Research, Advances in Entrepreneurship, Firm Emergence and Growth , (2003 ) -.
Davidsson, P. (2006): Nascent Entrepreneurs: Empirical Studies and Developments. Foundations and Trends in Entrepreneurship 1(2): 1–70.
Davidsson P. , 'Nascent Entrepreneurs: Empirical Studies and Developments ' (2006 ) 1 Foundations and Trends in Entrepreneurship : 1 -70 .
Davidsson, P. — Honig, B. (2003): The Role of Social and Human Capital Among Nascent Entrepreneurs. Journal of Business Venturing 18: 301–331.
Honig B. , 'The Role of Social and Human Capital Among Nascent Entrepreneurs ' (2003 ) 18 Journal of Business Venturing : 301 -331 .
Eckhardt, J. — Shane, S. (2003): The Individual-opportunity Nexus. In: Acs, Z. J. — Audretsch, D. B. (eds.): Handbook of Entrepreneurship Research. Dordrecht, NL: Kluwer.
Shane S. , '', in Handbook of Entrepreneurship Research , (2003 ) -.
Furman, J. L. — Porter, M. E. — Stern, S. (2002): The Determinants of National Innovative Capacity. Research Policy 31: 899–933.
Stern S. , 'The Determinants of National Innovative Capacity ' (2002 ) 31 Research Policy : 899 -933 .
Gompers, P. A. — Lerner, J. (2001): The Venture Capital Revolution. Journal of Economic Perspectives 15: 145–168.
Lerner J. , 'The Venture Capital Revolution ' (2001 ) 15 Journal of Economic Perspectives : 145 -168 .
Hisrich, R. — Peters, M. P. (2002): Entrepreneurship. McGraw-Hill Education — Euro.
Hofstede, G. (1980): Culture’s Consequences: International Differences in Work-related Values. Beverly Hills, CA: Sage Publications.
Hofstede G. , '', in Culture’s Consequences: International Differences in Work-related Values , (1980 ) -.
Kihlstrom, R. — Laffont, J. (1979): A General Equilibrium Entrepreneurial Theory of Firm Formation based on Risk Aversion. Journal of Political Economy 87: 719–740.
Laffont J. , 'A General Equilibrium Entrepreneurial Theory of Firm Formation based on Risk Aversion ' (1979 ) 87 Journal of Political Economy : 719 -740 .
Kirzner, I. M. (1973): Competition and Entrepreneurship. Chicago, IL: University of Chicago Press.
Kirzner I. M. , '', in Competition and Entrepreneurship , (1973 ) -.
Levesque, M. — Minniti, M. (2006): The Effect of Aging on Entrepreneurial Behavior. Journal of Business Venturing 21: 177–194.
Minniti M. , 'The Effect of Aging on Entrepreneurial Behavior ' (2006 ) 21 Journal of Business Venturing : 177 -194 .
Levie, J. (2008): The IIIP Innovation Confidence Index 2007 Report. Hunter Centre for Entrepreneurship, University of Stratchlyde, Glasgow.
Levie J. , '', in The IIIP Innovation Confidence Index 2007 Report , (2008 ) -.
Liao, J. — Welsch, H. (2003): Social Capital and Entrepreneurial Growth Aspiration: A Comparison of Technology- and Non-technology-based Nascent Entrepreneurs. Journal of High Technology Management Research 14: 149–170.
Welsch H. , 'Social Capital and Entrepreneurial Growth Aspiration: A Comparison of Technology- and Non-technology-based Nascent Entrepreneurs ' (2003 ) 14 Journal of High Technology Management Research : 149 -170 .
Prajogo, D. I. — Ahmed, P. K. (2006): Relationship between Innovation Stimulus, Innovation Capacity, and Innovation Performance. R & D Management 36(5): 499–515.
Ahmed P. K. , 'Relationship between Innovation Stimulus, Innovation Capacity, and Innovation Performance ' (2006 ) 36 R & D Management : 499 -515 .
Radosevic, S. (2004): ATwo-tier or Multi-tier Europe? Assessing the Innovation Capacities of Central and East-European Countries in the Enlarged EU. Journal of Common Market Studies 42(3): 641–666.
Radosevic S. , 'ATwo-tier or Multi-tier Europe? Assessing the Innovation Capacities of Central and East-European Countries in the Enlarged EU ' (2004 ) 42 Journal of Common Market Studies : 641 -666 .
Rebernik, M. (2002): Business Economics and Entrepreneurship at the Crossroads. Ekonomický Časopis 50(3): 471–488.
Rebernik M. , 'Business Economics and Entrepreneurship at the Crossroads ' (2002 ) 50 Ekonomický Časopis : 471 -488 .
Reynolds, P. — Bygrave, B. — Autio, E. (2003): GEM 2003 Executive Report. Babson College, London Business School, E. M. Kauffman Foundation.
Reynolds, P. — Bosma, N. — Autio, E. — Hunt, S. — De Bono N. — Servais, I. — Lopez-Garcia, P. — Chin, N. (2005): Global Entrepreneurship Monitor: Data Collection Design and Implementation 1998–2003. Small Business Economics 24(3): 205–231.
Chin N. , 'Global Entrepreneurship Monitor: Data Collection Design and Implementation 1998–2003 ' (2005 ) 24 Small Business Economics : 205 -231 .
Schumpeter, J. A. (1934): The Theory of Economic Development. Cambridge, MA: Harvard University Press.
Schumpeter J. A. , '', in The Theory of Economic Development , (1934 ) -.
Schumpeter, J. A. (1950): Capitalism, Socialism, and Democracy. 3rd edition. New York: Harper and Row, 1950.
Schumpeter J. A. , '', in Capitalism, Socialism, and Democracy , (1950 ) -.
Shaver, K. G. — Scott, L. R. (1991): Person, Process, Choice: The Psychology of New Venture Creation. Entrepreneurship: Theory and Practice 16(2): 23–45.
Scott L. R. , 'Person, Process, Choice: The Psychology of New Venture Creation ' (1991 ) 16 Entrepreneurship: Theory and Practice : 23 -45 .
Shane, S. (2000): Prior Knowledge and the Discovery of Entrepreneurial Opportunities. Organization Science 11(4): 448–469.
Shane S. , 'Prior Knowledge and the Discovery of Entrepreneurial Opportunities ' (2000 ) 11 Organization Science : 448 -469 .
Shane, S. (2004): A General Theory of Entrepreneurship. The Individual-Opportunity Nexus. Cheltenham: Edward Elgar.
Shane S. , '', in A General Theory of Entrepreneurship. The Individual-Opportunity Nexus , (2004 ) -.
Shane, S. — Venkataraman, S. (2000): The Promise of Entrepreneurship as a Field of Research. Academy of Management Review 25(1): 217–226.
Venkataraman S. , 'The Promise of Entrepreneurship as a Field of Research ' (2000 ) 25 Academy of Management Review : 217 -226 .
Tominc, P. — Rebernik, M. (2007): Growth Aspirations and Cultural Support for Entrepreneurship: A Comparison of Post-socialist Countries. Small Business Economics 28(2/3): 239–255.
Rebernik M. , 'Growth Aspirations and Cultural Support for Entrepreneurship: A Comparison of Post-socialist Countries ' (2007 ) 28 Small Business Economics : 239 -255 .
Weber, E. U. — Milliman, R. A. (1997): Perceived Risk Attitudes: Relating Risk Perception to Risky Choice. Management Science 43: 123–144.
Milliman R. A. , 'Perceived Risk Attitudes: Relating Risk Perception to Risky Choice ' (1997 ) 43 Management Science : 123 -144 .
Zien, K. A. — Buckler, S. A. (1997): Dreams to Market: Crafting a Culture of Innovation. Journal of Product Innovation Management 14: 274–287.
Buckler S. A. , 'Dreams to Market: Crafting a Culture of Innovation ' (1997 ) 14 Journal of Product Innovation Management : 274 -287 .