Determinants of Willingness and Opportunity to Start as an Entrepreneur.
This paper develops an empirical model to separate the unobserved factors of 'opportunity' and 'willingness' in the decision of labor-force participants to become self-employed or not. The estimation results suggest that the majority of young Americans are willing to switch to self-employment but that opportunity is a major constraint, especially through finance. Entrepreneurial ability aspects that can compensate for a lack of capital are scarce. Copyright 1995 by WWZ and Helbing & Lichtenhahn Verlag AG
Year of publication: |
1995
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Authors: | Praag, C Mirjam Van ; Van Ophem, Hans |
Published in: |
Kyklos. - Wiley Blackwell, ISSN 0023-5962. - Vol. 48.1995, 4, p. 513-40
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Publisher: |
Wiley Blackwell |
Saved in:
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