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the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship …
Persistent link: https://www.econbiz.de/10013117187
-of-all-trades" view of entrepreneurship by Lazear (AER 2004). Consistent with its theoretical assumptions we find that self …
Persistent link: https://www.econbiz.de/10013117831
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 …
Persistent link: https://www.econbiz.de/10013118276
entrepreneurship and credit constraints under labour market discrimination. We divide self employed into prefer to be self-employed and …
Persistent link: https://www.econbiz.de/10013120403
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
between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra‐industry to be negative. Policies need to consider how to counteract this effect …
Persistent link: https://www.econbiz.de/10013071742
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 …
Persistent link: https://www.econbiz.de/10012777087
Entrepreneurship, being largely an urban phenomenon, co-evolves over time with cities. While this relationship is like … co-evolution of entrepreneurship and cities. First, I provide a stylized model of development wherein the rise of cities … (urbanisation) is the outcome of the activities of entrepreneurs. Second, I provide a stylized overview of entrepreneurship and …
Persistent link: https://www.econbiz.de/10012941242
The formation of expectations is a fundamental part of the process when people decide about engaging in an entrepreneurial venture. We evaluate the accuracy of newly self-employed people's predictions of their overall future wellbeing. Based on individual panel data for Germany, we find that...
Persistent link: https://www.econbiz.de/10012945214