We study entrepreneurs’ start-up financing from banks and local financiers. An informalnetwork, whose membership cannot … be observed by outsiders, conveys the good signals itgets about the hidden types of network entrepreneurs to local … a network. Thus, the formation of the network isinefficient as entrepreneurs incur networking costs for purely …

entrepreneurship in Germany between 1991 and 2010,the first two decades after reunification. We investigate the socioeconomic …

’ probability of becoming entrepreneurs. The policy changeconsists of stricter entry requirements and restrictions to welfare …

Limited access of entrepreneurs to credit constrains the creation and growth of private firms.In Africa, access to … entrepreneurship andprivate sector employment in Africa.... …

-of-all-trades” view of entrepreneurship by Lazear (AER 2004).Consistent with its theoretical assumptions we find that self …

shaped by industry-specific constraints. The human- andfinancial-capital endowments of potential entrepreneurs entering firms … of highly educated potential entrepreneurs, in particular, predict avoidance ofsmall-firm ownership in some industries as … entrepreneurship, wefind that the conventional practice of conflating different industry types in empirical analysesof transitions to …

An industry is modeled in which entrepreneurs, who are heterogeneous in ability, may produce formally or informally. It …