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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
Serial entrepreneurs, who open more than one business, are found to have higher sales and higher productivity than novice entrepreneurs, who open one business. Using panel data on entrepreneurs and their firms from Denmark for 2001-2013, the serial entrepreneur has 67% higher sales than the...
Persistent link: https://www.econbiz.de/10012958982
We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …
Persistent link: https://www.econbiz.de/10012906767