Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …

.e., their prediction ability), and derives an aggregate production function as a result of entrepreneurship. An increase in … affects the total factor productivity (TFP) of an economy, the model can explain how entrepreneurship influences TFP. …

This paper examines a particular aspect of entrepreneurship, namely firms' activities in adapting to idiosyncratic …

Short explanation of Schumpeter's concepts of dynamics, innovations and entrepreneurship. It is argued, that …

surplus between entrepreneurs and financiers. The results indicate that anything that increases (decreases) entrepreneurship …We study the effects of investor protection on the availability of external finance, entrepreneurship, and creation of … frictions, specifically interim and ex post moral hazard problems stemming from entrepreneurs’ possibilities to expropriate …

Why do people become part-time entrepreneurs? Are they credit constrained? Previous studies on entrepreneurship do not … nascent entrepreneurs also hold regular wage jobs. I develop a model of entrepreneurial choice in which individuals decide not … entrepreneurs are credit constrained. I use a new and unique data set, which looks at how nascent entrepreneurs divide their time …