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Is entrepreneurial success predictable? An ex-ante analysis of the character-based approach

Caliendo, Marco; Kritikos, Alexander S. - 2007

This paper empirically analyzes whether the character-based approach, which is based on the personality structure and the human capital of business founders, allows prediction of entrepreneurial success. A unique data set is used consisting of 414 previously unemployed persons whose personal...

Persistent link: https://www.econbiz.de/10010297258

Risk Attitudes of Nascent Entrepreneurs: New Evidence from an Experimentally Validated Survey

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - 2006

The in°uence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that being an entrepreneur means making risky decisions in uncertain environments; hence more risk-averse individuals are less likely to...

Persistent link: https://www.econbiz.de/10010297253

A Theory of Crowdfunding: A Mechanism Design Approach with Demand Uncertainty and Moral Hazard

Strausz, Roland - 2017

Crowdfunding provides innovation in enabling entrepreneurs to contract with consumers before investment. Under aggregate demand uncertainty, this improves screening for valuable projects. Entrepreneurial moral hazard and private cost information threatens this benefit. Crowdfunding's...

Persistent link: https://www.econbiz.de/10011592122

The Effects of Entrepreneurship Education

Weber, Richard; von Graevenitz, Georg; Harhoff, Dietmar - 2009

Entrepreneurship education ranks highly on policy agendas in Europe and the US, but little research is available to … assess its impacts. In this context it is of primary importance to understand whether entrepreneurship education raises … intentions to be entrepreneurial generally or whether it helps students determine how well suited they are for entrepreneurship …

Persistent link: https://www.econbiz.de/10010427773