The purpose of this paper was to examine the factors affecting the future firm size expectations of nascent entrepreneurs. This was done by testing a decision model on a unique data set composed of a random sample of nascent entrepreneurs. The proposed model is based on four different components...

In the words of Hubbard, Vetter and Little (1998, p. 252), 'systematic replication replaces piecemeal, untested results with useful findings that address practical problems.' We agree with this. We further hold that for empirical relationships to be really interesting and meaningful one should...

This paper examines the effects and origins of balanced skills among nascent entrepreneurs. In a first step we apply Lazear’s jack-of-all-trades theory to investigate performance effects of a balanced skill set. Second, we investigate potential sources of balanced skills, thereby testing the...

We study the self-employed decision and its relation to human and social capital. Human capital is necessary to acquire skills. Social capital dampens the effects of uncertainty about future income. Our data set consists of 1339 respondents from the same age group, who were interviewed three...

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...

This paper introduces the Geographic Macro and Regional (GMR) model for NUTS-2 regions of the Euro zone. This model consists of three blocks: the TFP, the SCGE and the MACRO blocks. The model is built for impact analysis of policies targeting intangible assets in the forms of R&D, human capital...

Most of the aggregate level analyses on the relationship between objective and subjective measures for well-being have limited themselves to measures of national GDP and mean life satisfaction. We develop this line of research by embedding the analysis into the context of 289 NUTS regions in...

Content analysis of interviews conducted with reindeer herders - referred to as reindeer husbandry entrepreneurs, by the Reindeer Herders' Association - from two ethnic communities in Finland reveals that participants who identified themselves as ethnic Finns viewed their self-employment as an...

After arriving in a new country, refugees are most often dependent on professional support to reestablish their livelihood. It is however well documented that refugees face barriers when seeking access to services aimed at facilitating their settlement and integration. This study examines...