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Liquidity constraints, informal financing, and entrepreneurship: Direct and indirect effects of a cash transfer programme

Ribas, Rafael P. - 2014

This paper exploits a liquidity shock from a large-scale welfare programme in Brazil to investigate the importance of credit constraints and informal financial assistance in explaining entrepreneurship. Previous research focuses exclusively on how liquidity shocks change recipients' behaviour...

Persistent link: https://www.econbiz.de/10011335903

The right stuff? Personality and entrepreneurship

Hamilton, Barton Hughes; Papageorge, Nicholas W.; … - In: Quantitative Economics 10 (2019) 2, pp. 643-691

We construct a structural model of entry into self-employment to evaluate the impact of policies supporting entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the nonpecuniary benefits of running a business and not necessarily because they are good at...

Persistent link: https://www.econbiz.de/10012215383

Do elite colleges matter? The impact on entrepreneurship decisions and career dynamics

Guo, Naijia; Leung, Charles Ka Yui - In: Quantitative Economics 12 (2021) 4, pp. 1347-1397

Elite college attendance significantly impacts students' entrepreneurship decisions and career dynamics. We find that an elite college degree is positively correlated with entrepreneurship (i.e., owning an incorporated business) but not with other self-employment forms. Our overlapping...

Persistent link: https://www.econbiz.de/10013189763

How do judgmental overconfidence and overoptimism shape innovative activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism is positively associated with innovation, judgmental overconfidence is negatively linked … to innovation. Our results indicate that future research is well advised to take into account that the relationship …

Persistent link: https://www.econbiz.de/10010332036

Parenting with style: Altruism and paternalism in intergenerational preference transmission

Doepke, Matthias; Zilibotti, Fabrizio - 2012

innovation. …

Persistent link: https://www.econbiz.de/10010316863

How do judgmental overconfidence and overoptimism shape innovative activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

Persistent link: https://www.econbiz.de/10010316868