unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of … unemployment. It will be concluded that Japan is hardly an outlier when using a simple model of the relationship between … underestimation of the rise in unemployment in Japan in the period 1984-2002. Arguments are brought forward why this might be the case …

This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership … rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …

We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … commercial value. Our findings support the notion that entrepreneurship can be learned. …

-averse peoplemight be suited to entrepreneurship; and it may also help explain why prior researchhas generated mixed evidence about the … effects of risk aversion on selection into entrepreneurship. …

countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second …, cross-sectional regression analysis using data for three separateyears in twenty Western countries and Japan and controlling … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …