We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …

inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have …. However, entrepreneurs may still select too safe projects from a social point of view, since they do not internalize the …

Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household …-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk … aversion among women explains a large share of the entrepreneurial gender gap. We also find an education effect contributing to …

measure of entrepreneurship derived from matching files from the Current Population Survey (CPS) is used to provide the first …. Estimates indicate that hi-tech entrepreneurship rates were lower in Silicon Valley than the rest of the United States during … the period from January 1996 to February 2000. Examining the post-boom period, we find that entrepreneurship rates in …

This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained … due to presence/absence of entrepreneurs, i.e., low price of capital in autarky may reflect lack of demand for credit due … to scarcity of entrepreneurs and not capital abundance and eventually may lead to capital outflow from a capital scarce …

One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk …, retaining agent heterogeneity in risk aversion and the endogenous division of agents into less risk averse entrepreneurs and …

entrepreneurs need outside financing for their projects and know more about the quality of their projects than outside investors …. Entrepreneurs have the choice between carrying out their entrepreneurial projects or working as an employee. It turns out that …

This paper surveys the various forms of market failure that can arise when innovating entrepreneurs consider entering … activities such as spillover benefits from new innovations and spillover costs on incumbent firms. New entrepreneurs can also …

This paper proposes and analyses a model of start-up investment. Innovative entrepreneurs are commercially … the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture …