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We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
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Two approaches can be distinguished with respect to modelling entrepreneurship: (i) the approachfocusing on the net …
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The level of entrepreneurship differs considerably across countries and periods. Both thecauses and consequences of … entrepreneurship are a matter of extensive scientific debate aswell as of great policy importance. A high level of entrepreneurial … paper deals with the determinants of entrepreneurship. An eclectic theory ofentrepreneurship is introduced. This eclectic …
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1974. In 1973, Israel Kirzner published his classic book, Competition and Entrepreneurship, which outlined an …, however, entrepreneurial studies began about the same time as the Austrian revival. The beginnings of the entrepreneurship … sides of entrepreneurship / Ulrich Witt -- The business firm as a hybrid hayekian order : what is the role of the …
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