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enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses … of transitions to entrepreneurship generates misleading findings about the determinants of entrepreneurship …
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A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage. Using investment data for 400,000 individuals, we...
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employment to entrepreneurship (self-employment and leadership of micro-enterprises). By means of a difference-in-differences non … employment to entrepreneurship are positive, statistically significant and financially substantial. Even more, the results are … salaried jobs to entrepreneurship and lower losses on the reverse switch …
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We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner characteristics and innovation activities. We find uniformly...
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Small business activity and female entrepreneurship have become increasingly important features of the UK economy since … further accelerate the rise of female entrepreneurship …
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Both organizational and sociological approaches in entrepreneurship research highlight the importance of social context … in shaping individual preferences for entrepreneurship. An influential contextual factor that has not been studied in … entrepreneurship research is one's boss at work. Do entrepreneurial bosses contribute to their employees' decisions to become …
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The founder (team)'s human capital is a vital determinant of future firm performance. This is a stylized fact. Less is known about the effect of the human capital of the initial workforce hired by the founder(s). We study the performance consequences of a founder's choice of the initial...
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