We view the entrepreneur as an agent who possesses human capital in the form of specific skills or talents. When she … starts a firm, her human capital is essential to the firm and it has substantial private value. The entrepreneur transforms …

opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …

We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and … homeowners start a business; and (ii) the negative relation between mortgage debt and entrepreneurship is more pronounced when … income volatility is higher. Our model further predicts that the relation between housing wealth and entrepreneurship is …

Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate …

Indian immigrants in the United States and other wealthy countries are successful in entrepreneurship. Using Census …

spin out. This is shown to predict the association of co-ethnic networks with high rates of entrepreneurship and the …

individual’s identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results …

Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household …-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk …