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A framework which allows for the joint testing of the adaptive and rational expectations hypotheses is presented. We assume joint normality of expectations, realizations and variables in the information set, allowing for parsimonious interpretation of the data; conditional first moments are...
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Start-up subsidies play an important role in supporting start-up innovation and performance. However, what characteristics help and hinder start-ups to seek start-up subsidies remains unclear. We study whether and how founder personality, as captured by the big five personality traits and...
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; necessity ; entrepreneurship …
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Why do people engage in entrepreneurship and commit large parts of their personal wealth to their business, despite … and exit decisions. Nonpecuniary benefits of entrepreneurship, such as being independent in the workplace, also contribute … to an explanation of entrepreneurial behavior. -- Entrepreneurship ; risk aversion ; portfolio choice …
Persistent link: https://www.econbiz.de/10009526021
one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than … parental selfemployment. -- Entrepreneurship ; Personality ; Big Five ; Risk Aversion ; Locus of Control …
Persistent link: https://www.econbiz.de/10009008036
, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … entrepreneurship. -- Personal bankruptcy law ; insolvency ; entrepreneurship ; fresh start …
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