implications of our findings for entrepreneurship-policy making, and give suggestions to improve governmental start-up programs. …

This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …

spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …

countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …

Empirical studies show low pecuniary returns of switching from wage employment to entrepreneurship. We reconsider the … indicate that the average returns to entrepreneurship are significantly negative for individuals entering entrepreneurship …