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What is the Value of Entrepreneurship? A Review of Recent Research
Praag, C. Mirjam van; Versloot, Peter H. - Tinbergen Institute - 2007
claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10005137206
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Determinants of Job Satisfaction across the EU-15: A Comparison of Self-Employed and Paid Employees
Millan, Jose Maria; Hessels, Jolanda; Thurik, Roy; … - Tinbergen Institute - 2011
Job satisfaction of self-employed and paid-employed workers is analyzed using the European Community Household Panel for the EU-15 covering the years 1994-2001. We distinguish between two types of job satisfaction, i.e. job satisfaction in terms of type of work and job satisfaction in terms of...
Persistent link: https://www.econbiz.de/10008867504
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The Value of an Educated Population for an Individual's Entrepreneurship Success
Millan, Jose Maria; Congregado, Emilio; Roman, Concepcion; … - Tinbergen Institute - 2011
Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship … performance. The entrepreneur's human capital is, though, only one of the input factors into the production process of her venture … the possible stakeholders in the entrepreneur’s venture. The education distribution of the (local) population may thus …
Persistent link: https://www.econbiz.de/10008916007
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The More Business Owners the Merrier? The Role of Tertiary Education
Praag, Mirjam van; Stel, Andre van - Tinbergen Institute - 2011
Policy in developed countries is often based on the assumption that higher business ownership rates induce economic value. Recent microeconomic empirical evidence casts doubts on the validity of this assumption or, at least, leads to a more nuanced view: Especially the top performing business...
Persistent link: https://www.econbiz.de/10009147077
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Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Institute - 2010
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
Persistent link: https://www.econbiz.de/10008838535
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Risk Attitudes and Profits among Small Enterprises in Nigeria
Lammers, Judith; Willebrands, Daan; Hartog, Joop - Tinbergen Institute - 2010
This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...
Persistent link: https://www.econbiz.de/10008838628
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Risk, Balanced Skills and Entrepreneurship
Hsieh, Chihmao; Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Institute - 2011
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. …
Persistent link: https://www.econbiz.de/10009399735
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Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework
Douhan, Robin; Praag, Mirjam van - Tinbergen Institute - 2009
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10004964455
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Entrepreneurship and the Business Cycle
Koellinger, P.D.; Thurik, A.R. - Tinbergen Institute
contradicts existing theoretical hypotheses which predict that entrepreneurship is pro-cyclical or not cyclical. We discuss …
Persistent link: https://www.econbiz.de/10004964461
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The Relation between Economic Development and Business Ownership revisited
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Institute - 2007
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10005136892