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Are the self-employed really jacks-of-all-trades? Testing the assumptions and implications of Lazear’s theory of entrepreneurship with German data
Lechmann, Daniel; Schnabel, Claus - In: Small Business Economics 42 (2014) 1, pp. 59-76
-of-all-trades” view of entrepreneurship by Lazear (Am Econ Rev 94(2): 208–211, <CitationRef CitationID="CR27">2004</CitationRef …
Persistent link: https://www.econbiz.de/10010988592
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Migration, risk attitudes, and entrepreneurship: evidence from a representative immigrant survey
Batista, Catia; Umblijs, Janis - In: IZA Journal of Migration 3 (2014) 1, pp. 1-25
investigate the link between risk aversion and entrepreneurship in migrant communities. Using an original representative household … aversion and entrepreneurship. Our results show that the use of vignettes improves the significance of the results, as they … risk preferences and entrepreneurship reported in previous studies. Copyright Batista and Umblijs.; licensee Springer 2014 …
Persistent link: https://www.econbiz.de/10010949797
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Credit rationing or entrepreneurial risk aversion? A comment
Bonilla, Claudio A.; Vergara, Marcos - In: Economics Letters 120 (2013) 2, pp. 329-331
Cressy (2000) argues that the positive correlation between assets and the rate of business startups is due to DARA preferences. We show however that the required property is prudence, and prudence is consistent with DARA, IARA or CARA.
Persistent link: https://www.econbiz.de/10010678828
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Entrepreneurship training, risk aversion and other personality traits: Evidence from a random experiment
Fairlie, Robert W.; Holleran, William - In: Journal of Economic Psychology 33 (2012) 2, pp. 366-378
A growing literature examines the relationship between personality traits and entrepreneurship, but no previous studies … explore whether personality or psychological traits predispose individuals to benefit more from entrepreneurship training. To … address selection issues, we use novel data from the largest-ever randomized control experiment providing entrepreneurship …
Persistent link: https://www.econbiz.de/10010573771
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Risk tolerance and entrepreneurship
Hvide, Hans K; Panos, Georgios - C.E.P.R. Discussion Papers - 2013
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/10011083758
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Top management teams and the performance of entrepreneurial firms
Eisenhardt, Kathleen - In: Small Business Economics 40 (2013) 4, pp. 805-816
This article examines why some entrepreneurial firms succeed while others do not. The focal explanation is top management teams, including several studies that address when and how top management teams are likely to influence entrepreneurial firm performance. There are several insights. First,...
Persistent link: https://www.econbiz.de/10010988593
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Is success hereditary? Evidence on the performance of spawned ventures
Dick, Johannes; Hussinger, Katrin; Blumberg, Boris; … - In: Small Business Economics 40 (2013) 4, pp. 911-931
A common phenomenon in entrepreneurship is that employees turn away from employment to found their own businesses …
Persistent link: https://www.econbiz.de/10010865460
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Human capital elements and performance of small-scale manufacturing firms in Tanzania
Mahadea, Darma; Mkocha, Aira; Ramroop, Shaun - In: International Journal of Education Economics and Development 3 (2012) 2, pp. 164-178
. Consequently, since the 1990s Tanzania started promoting SME entrepreneurship to fast-track its economic growth and development. A …
Persistent link: https://www.econbiz.de/10010669165
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Imitation or innovation to enhance the performance: an empirical investigation of 258 Chinese firms
Liu, Dawei - In: International Journal of Business Performance Management 12 (2011) 4, pp. 377-395
This paper is focused on the factors which determined the adoption of innovation or imitation strategies on firm performance in seven different industries in China. Firstly, we delineate and distinguish the concepts of innovation and imitation. Secondly, using the structural equation modelling...
Persistent link: https://www.econbiz.de/10010669336
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Cognitive biases, organization, and entrepreneurial firm survival
Gudmundsson, Sveinn Vidar; Lechner, Christian - In: European Management Journal 31 (2013) 3, pp. 278-294
entrepreneurship research has paid little attention to distrust in entrepreneurs. Third, research on cognitive biases is generally …
Persistent link: https://www.econbiz.de/10010786690