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Why do people engage in entrepreneurship and commit large parts of their personal wealth to their business, despite … suggests possible future research avenues. Key insights from the literature are that entrepreneurs may operate in imperfect … financial markets and that entrepreneurs are less risk-averse than the rest of the population. A focus of this paper is …
Persistent link: https://www.econbiz.de/10010544328
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …
Persistent link: https://www.econbiz.de/10009422061
The empirical finding that entrepreneurs tend to invest a large share of their wealth in their own firms despite … supporting the hypothesis that lower risk aversion of entrepreneurs, and not necessarily credit constraints, may explain this …
Persistent link: https://www.econbiz.de/10005068887
This paper studies gender discrimination against entrepreneurs by financial institutions. Based on the Business … compared with male-managed counterparts. In addition, there is some evidence that female entrepreneurs are charged higher …
Persistent link: https://www.econbiz.de/10005068937
When possible income tax reforms are debated, the suspected impact on entrepreneurship is often used as an argument in … entrepreneurship based on microeconometric research have not been provided by the literature, however. This paper estimates the ex … people from choosing self-employment. This is explained by the reduction of entrepreneurs' income risk through progressive …
Persistent link: https://www.econbiz.de/10005069001
behavior. We focus on entrepreneurs who are permanently facing exchange processes in the interplay with investors, sellers, and … reciprocity influence the exit probability of entrepreneurs; and iii) willingness to trust and to act reciprocally influences the … entrepreneurial development. Interestingly, entrepreneurs are more trustful than employees, but much less trustful than managers. …
Persistent link: https://www.econbiz.de/10008765038
disasters, terrorism, and violent conflicts - on the perceptions of entrepreneurs concerning some key entrepreneurial issues … entrepreneurs and their perceptions. Using individual-level data from 43 countries from the period 2002 to 2005, we find that … of entrepreneurial activity in specific circumstances. There is hence scope for entrepreneurs, and policies supporting …
Persistent link: https://www.econbiz.de/10008776816
research and draw some conclusions for entrepreneurship policy. …
Persistent link: https://www.econbiz.de/10009021842
discuss the implications for entrepreneurship policy that can be derived from our findings. …
Persistent link: https://www.econbiz.de/10009021843
, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … forgiving personal bankruptcy law are less relevant for wealthy potential entrepreneurs who still risk losing their wealth, but … entrepreneurship. …
Persistent link: https://www.econbiz.de/10008804165