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We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...
Persistent link: https://www.econbiz.de/10010325395
measure ‘income’). This is the case even when estimating individual fixed effects of the differential returns to education for …/or whether we use instrumental variables to cope with the endogenous nature of education in income equations. Finally, we find …
Persistent link: https://www.econbiz.de/10010325994
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …
Persistent link: https://www.econbiz.de/10010325824
the status of the entrepreneur. For reasons outlined in the introduction, this study focuses on (800) students in the … Netherlands. We find that the status of occupations is mostly determined by the required level of education, the income level to …
Persistent link: https://www.econbiz.de/10010325746
it not only includes data on occupational status for the adoptees and their adoptive parents, but also for their … biological parents. Moreover, we use comparable data on entrepreneurship for a large, representative sample of the Swedish … the probability of children's entrepreneurship by about 60%. We further show that for adoptees, both biological and …
Persistent link: https://www.econbiz.de/10010326312
of schooling in developing economies raises enterprise income by an average of 5.5 percent, which is close to the average …
Persistent link: https://www.econbiz.de/10010324769
This article examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10010325306