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...

We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...

What is the effect of dispersed levels of cognitive ability of members of a (business) team on their teamś performance? This paper reports the results of a field experiment in which 573 students in 49 teams start up and manage real companies under identical circumstances. We ensured exogenous...

A large literature establishes that cognitive and non-cognitive skills are strongly correlated with educational attainment and professional achievement. Isolating the causal effects of these traits on career outcomes is complicated by reverse causality and selection issues. We suggest a new...

A large literature establishes that cognitive and non-cognitive skills are strongly correlated with educational attainment and professional achievement. Isolating the causal effects of these traits on career outcomes is made difficult by reverse causality and selection issues. We suggest a...

Are genetic differences between people associated with their career choices? We link data from a large sample of genotyped individuals to Swedish government register data on study major and occupation. Our data contains polygenic indices that summarize genetic variants linked to several...

We use a novel approach to explore how people sort into different careers based on their personality skills. We link genetic data from individuals in the Swedish Twin Registry to government register data, making use of new polygenic indices that capture the genetic predispositions of individuals...