Showing 1 - 10 of 17
This paper studies differences in the rate of self-employment (business ownership) in more thantwenty Western nations and Japan for the period 1974-1994, focusing in particular on theinfluences of dissatisfaction and uncertainty avoidance. We test two types of hypotheses, pertainingto the...
Persistent link: https://www.econbiz.de/10011302619
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10011372525
In the present paper we address the relationship between the extentof business ownership (self-employment) and economic development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10011302609
countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …
Persistent link: https://www.econbiz.de/10011334327
Empirical evidence supports the conventional wisdom that entrepreneurs are more optimistic and overconfident than others. However, the same holds true for top managers. In this lab-in-the-field experiment we directly compare the scores of entrepreneurs, managers and employees on a comprehensive...
Persistent link: https://www.econbiz.de/10011378220
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 …
Persistent link: https://www.econbiz.de/10011316884
Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we perform a large "lab-in-the-field" experiment comparing...
Persistent link: https://www.econbiz.de/10010415523
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