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Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Institute - 2010
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
Persistent link: https://www.econbiz.de/10008838535
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Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Instituut - 2010
See also 'Are Education and Entrepreneurial Income Endogenous?' in <I>Entrepreneurship Research Journal</I> (2012), 2 …
Persistent link: https://www.econbiz.de/10011257490
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Education and Entrepreneurial Choice: An Instrumental Variables Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Institute - 2009
Education is argued to be an important driver of the decision to start a business. The measurement of its influence, however, is difficult since it is considered to be an endogenous variable. This study accounts for this endogeneity by using an instrumental variables approach
Persistent link: https://www.econbiz.de/10008513229
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Education and Entrepreneurial Choice: An Instrumental Variables Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Instituut - 2009
education, the greater the likelihood that he/she starts a business.Implications for entrepreneurship research and practice are …
Persistent link: https://www.econbiz.de/10011257474
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Uncertainty Avoidance and the Rate of Business Ownership across 22 OECD Countries, 1976-2000
Wennekers, Sander; Thurik, Roy; Stel, André van; … - Tinbergen Instituut - 2003
countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …
Persistent link: https://www.econbiz.de/10011255529
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The Relation between Economic Development and Business Ownership revisited
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Instituut - 2007
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10011256128
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Business Ownership and Economic Growth in 23 OECD Countries
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Instituut - 2000
In the present paper we address the relationship between the extentof business ownership (self-employment) and economic development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10011256131
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Business Ownership and Economic Growth in 23 OECD Countries
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Institute - 2000
In the present paper we address the relationship between the extent of business ownership (self-employment) and economic development. We will focus upon three issues. First, how is the equilibrium rate of business ownership related to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10005144445
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The Relation between Economic Development and Business Ownership revisited
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Institute - 2007
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10005136892