Showing 1 - 10 of 18
This paper proposes that risk aversion encourages individuals to invest in balancedskill profiles, making them more likely to become entrepreneurs. By not havingtaken this possible linkage into account, previous research has underestimated the impactsboth of risk aversion and balanced skills on...
Persistent link: https://www.econbiz.de/10011255496
Persistent link: https://www.econbiz.de/10012245487
There is no robust empirical support for the effect of financial incentives on the decision to work in selfemploymentrather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on theopportunity cost, i.e. the wages given up as an employee. Information on income...
Persistent link: https://www.econbiz.de/10011255541
parental entrepreneurship increases the probability of children's entrepreneurship by about 60%. We further show that for …-birth factors (biological parents). The sum of these two effects for adopted children is almost identical to the intergenerational … transmission of entrepreneurship for own-birth children. We explore several candidate explanations for this important post …
Persistent link: https://www.econbiz.de/10011256277
This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...
Persistent link: https://www.econbiz.de/10011256702
We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among heterogeneousagents. Unique to our approach is that occupational choices, jobmatching and organizational forms are determined simultaneously, sothat the opportunity costs of...
Persistent link: https://www.econbiz.de/10011256953
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes people’s occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...
Persistent link: https://www.econbiz.de/10011257338
? The answer to this question has important implications for public policy. If shocks reduce investments in children, they …
Persistent link: https://www.econbiz.de/10010521058
"In this paper the authors estimate the rate of return to firm investments in human capital in the form of formal job training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as...
Persistent link: https://www.econbiz.de/10010522209
Persistent link: https://www.econbiz.de/10001721973