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claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question …: What is the contribution of entrepreneurs to the economy in comparison to non-entrepreneurs? We study the relative … contribution of entrepreneurs to the economy based on four measures that have most widely been studied empirically. Hence, we …
Persistent link: https://www.econbiz.de/10005137206
Divergent priors are improper when defined on unbounded supports. Bartlett's paradox has been taken to imply that using improper priors results in ill-defined Bayes factors, preventing model comparison by posterior probabilities. However many improper priors have attractive properties that...
Persistent link: https://www.econbiz.de/10008838626
intentions. However, empirical research aimed at establishing the importance of role models for (nascent) entrepreneurs is scarce … completed by a representative sample of 292 entrepreneurs in three major Dutch cities - entrepreneurs who have recently started … the entrepreneur and the role model, and the strength of their relationship. …
Persistent link: https://www.econbiz.de/10008921780
We study risk behavior of Danish self-employed entrepreneurs, whose income risk may be driven by both exogenous factors …
Persistent link: https://www.econbiz.de/10005144470
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
the possible stakeholders in the entrepreneur’s venture. The education distribution of the (local) population may thus …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 …
Persistent link: https://www.econbiz.de/10008916007
levels. This is consistent with microeconomic theory and evidence showing that entrepreneurs with superior levels of human …
Persistent link: https://www.econbiz.de/10009147077
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
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
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 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 …
Persistent link: https://www.econbiz.de/10009399735