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Are Nascent Entrepreneurs Jacks-of-All-Trades? A Test of Lazear's Theory of Entrepreneurship with German Data
Wagner, Joachim - 2003
In a recent paper Edward Lazear proposed the jack-of-all-trades view of entrepreneurship. Based on a coherent model of …. This paper contributes to the entrepreneurship literature by empirically testing Lazear's hypothesis using a large recent …
Persistent link: https://www.econbiz.de/10010261621
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Are Young and Small Firms Hothouses for Nascent Entrepreneurs? Evidence from German Micro Data
Wagner, Joachim - 2004
Using a large recent representative sample of the German population this paper contributes to the entrepreneurship … economic importance for entrepreneurship of work experience in a firm that is both young and small. …
Persistent link: https://www.econbiz.de/10010261762
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Testing Lazear's Jack-of-All-Trades View of Entrepreneurship with German Micro Data
Wagner, Joachim - 2002
This paper tests the theory recently put forward by Edward Lazear that individuals with competence in many skills should have a higher probability of being self-employed than others. The empirical results for Germany support this jack-of-all-trades view.
Persistent link: https://www.econbiz.de/10010262630
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The Role of the Regional Milieu for the Decision to Start a New Firm: Empirical Evidence for Germany
Wagner, Joachim; Sternberg, Rolf - 2002
Although comprehensive data from official statistics on new firm formation and entrepreneurs starting a new business are lacking in Germany, we know from empirical studies that entry rates differ between regions, and that the propensity to become an entrepreneur is influenced by...
Persistent link: https://www.econbiz.de/10010262745
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The Impact of Risk Aversion, Role Models, and the Regional Milieu on the Transition from Unemployment to Self-Employment: Empirical Evidence for Germany
Wagner, Joachim - 2002
The focus of this paper is on the choice of the unemployed between becoming an entrepreneur or not. It contributes to the literature by empirically investigating two hitherto neglected issues: What is the impact of risk aversion and personal contact with a role model in shaping the decision to...
Persistent link: https://www.econbiz.de/10010262783
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What is the value of entrepreneurship? A review of recent research
van Praag, C. Mirjam; Versloot, Peter H. - 2007
that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … group'? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals' utility levels …
Persistent link: https://www.econbiz.de/10010277005
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Why are the returns to education higher for entrepreneurs than for employees?
van der Sluis, Justin; van Praag, C. Mirjam; van … - 2007
We compare the returns to education (RTE) for entrepreneurs and employees, based on 19 waves of the NLSY database. By using instrumental variable techniques (IV) and taking account of selectivity, we find that the RTE are significantly higher for entrepreneurs than for employees (18.3 percent...
Persistent link: https://www.econbiz.de/10010277008
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Entrepreneurship, wage employment and control in an occupational choice framework
Douhan, Robin; van Praag, C. Mirjam - 2009
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10010277016
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Who values the status of the entrepreneur?
van Praag, C. Mirjam - 2009
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession 'entrepreneurship' shapes … consequences of the group status of a profession, entrepreneurship in particular. If the group status of entrepreneurship is … be expected and respect. Furthermore, our results imply that entrepreneurship is associated with hard work, high incomes …
Persistent link: https://www.econbiz.de/10010277020
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Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
van Praag, C. Mirjam; van Witteloostuijn, Arjen; van … - 2009
spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …
Persistent link: https://www.econbiz.de/10010277025