wages given up as an employee. Information on income from self-employment is of inferior quality and this is not just a …

This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate … entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with … access to within-family ownership transfer, the outside market for entrepreneurship operates as a lemon’s market. This …

impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … of immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are … easier to accomplish. Our theory offers a unique perspective on the contributions of immigrants to economic development …

start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … persist in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage … entrepreneurship where agents are heterogeneous in their ability as workers, and starting entrepreneurs face uncertainty about their …

the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship. …

. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross … a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms …. Because wages rise for all workers, low-productivity entrepreneurs will then at some point exit and become workers. As a …

Parental entrepreneurship is a strong, probably the strongest, determinant of own entrepreneurship. We explore the … origins of this intergenerational association in entrepreneurship. In particular, we identify the separate effects of pre- and … biological parents. Moreover, we use comparable data on entrepreneurship for a large, representative sample of the Swedish …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …