Economic policy uncertainty and new venture initiation: The role of opportunity belief and uncertainty avoidance
International Small Business Journal
Published online on November 27, 2025
Abstract
International Small Business Journal, Volume 44, Issue 3, Page 314-337, May 2026.
This article examines how economic policy uncertainty (EPU) shapes individual decisions to initiate new ventures. We develop and test a multilevel framework in which EPU influences entrepreneurial action via the cognitive mechanism of opportunity belief, ...
This article examines how economic policy uncertainty (EPU) shapes individual decisions to initiate new ventures. We develop and test a multilevel framework in which EPU influences entrepreneurial action via the cognitive mechanism of opportunity belief, ...