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psychological disposition and environmental factors, as theory requires if optimism is to be a causal influence on entrepreneurship …
Persistent link: https://www.econbiz.de/10013099728
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...
Persistent link: https://www.econbiz.de/10013086658
relatively weak. Entrepreneurship policy needs to target particular groups, including women and less experienced business owners …
Persistent link: https://www.econbiz.de/10012870291
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10013087867
national boundaries between religion and entrepreneurship. Definitions of entrepreneurship are taken from the Global … Entrepreneurship Monitor (GEM) studies for 2011 and 2012, focusing on the individual rather than on the business venture. Recent data … cultural environment for entrepreneurship. They also suggest that policy-makers may wish to pay closer attention to the …
Persistent link: https://www.econbiz.de/10013055221
We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or …
Persistent link: https://www.econbiz.de/10012928500
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