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The Entrepreneur's Mode of Entry: Business Takeover or New Venture Start?

Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Institute - 2006

We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...

Persistent link: https://www.econbiz.de/10005209489

Capital Market Failure, Adverse Selection and Equity Financing of Higher Education

Jacobs, Bas; Wijnbergen, Sweder J.G. van - Tinbergen Institute - 2005

We apply theories of capital market failure to ana1yze

Persistent link: https://www.econbiz.de/10005209498

Entrepreneurship Selection and Performance

Sluis, Justin van der; Praag, Mirjam van; Vijverberg, Wim - Tinbergen Institute - 2003

This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...

Persistent link: https://www.econbiz.de/10005144501

Risk, Balanced Skills and Entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Institute - 2011

This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated the impacts both of risk aversion and balanced skills...

Persistent link: https://www.econbiz.de/10009399735

Imperfect Information, Lagged Labor Adjustment and the Great Moderation

Willems, Tim; Wijnbergen, Sweder van - Tinbergen Institute - 2009

This paper first documents the increase in the time lag with which labor input reacts to output fluctuations ("the labor adjustment lag") that is visible in US data since the mid-1980s. We show that a lagged labor adjustment response is optimal in a setting where there is uncertainty about the...

Persistent link: https://www.econbiz.de/10004964451

Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-à-vis Wage Employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Institute - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10008513241

Optimal Taxation of Human Capital and Credit Constraints

Jacobs, Bas - Tinbergen Institute - 2002

We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...

Persistent link: https://www.econbiz.de/10005137104

If you are so smart, why aren't you an Entrepreneur?

Hartog, Joop; Praag, Mirjam van; Sluis, Justin van der - Tinbergen Institute - 2008

How valuable are cognitive and social abilities for entrepreneurs’ incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do different cognitive abilities (e.g. math...

Persistent link: https://www.econbiz.de/10005137351

Gender Differences, HIV Risk Perception and Condom Use

Lammers, Judith; Wijnbergen, Sweder van; Willebrands, Daan - Tinbergen Institute - 2011

We analyze how HIV-knowledge influences condom use across the sexes. The empirical work is based on a household survey … questions on knowledge of the existence of HIV, HIV prevention, HIV stigma, intended pregnancy, and risk perceptions of engaging … in unprotected sex. We observe a large HIV knowledge gap between males and females. Moreover, across the sexes different …

Persistent link: https://www.econbiz.de/10008867503

Immigration and Innovation in European Regions

Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Tinbergen Institute - 2011

creation of new ideas, knowledge spillovers, entrepreneurship, and economic growth. In this paper we measure the impact of the … data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …

Persistent link: https://www.econbiz.de/10009201123