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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

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

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

spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …

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

Illegal Entrepreneurship Experience

Aidis, Ruta; Praag, Mirjam van - Tinbergen Institute - 2004

entrepreneurship experience (IEE), an unconventional form of human capital, is related to the performance and motivation of …

Persistent link: https://www.econbiz.de/10005136903

The Value of Human and Social Capital Investments for the Business Performance of Start-ups

Bosma, Niels; Praag, Mirjam van; Thurik, Roy; Wit, Gerrit de - Tinbergen Institute - 2002

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...

Persistent link: https://www.econbiz.de/10005450787

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

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

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

Cognitive Capital and Islands of Innovation: The Lucas Growth Model from a Regional Perspective

Caragliu, Andrea; Nijkamp, Peter - Tinbergen Institute - 2011

Knowledge triggers regional growth. Evidence suggests that skilled labour force concentrates in islands of innovation, determining an advantage for innovative regions and a challenge for lagging ones. We address the role of knowledge in shaping effective markets for skilled labour. Estimates are...

Persistent link: https://www.econbiz.de/10009201131

The Political Economy of Bank- and Market Dominance

Perotti, Enrico; Thadden, Ernst Ludwig von - Tinbergen Institute - 2004

Legislation affects corporate governance and the return to human and financial capital. We allow the preference of a political majority to determine both the governance structure and the extent of labor rents. In a society where median voters have relatively more at stake in the form of human...

Persistent link: https://www.econbiz.de/10005795583