penalize poorly performing entrepreneurs by terminating their projects. Based on this tradeoff we develop a theory of financing …

We study risk behavior of Danish self-employed entrepreneurs, whose income risk may be driven by both exogenous factors …

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 …

address the issue of entrepreneurship in two distinct ways: a) as it has historically developed within the field of economics … and b) as it develops in the transitional context. In contrast to advanced western economies, productive entrepreneurship … entrepreneurship for transition countries. By means of a literature survey, we further present the main characteristics of …

entrepreneurs' entry mode. The new venture creation mode is associated with higher levels of schooling and wealth, whereas … managerial experience, new venture start-up capital requirements and risk promote the takeover mode. Entrepreneurs whose parents … entrepreneurs from the Netherlands provides broad support for the theory; implications for policy-makers concerned about the …

models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …

We model the emergence of organization forms in a game between prospective entrepreneurs. Complementary roles arise … entrepreneurs and their profit-maximizing choices lead to specific technologies in which certain workers are substitutes and others …