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claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10011372984
estimate a bivariate random effects probit on a self-employmentsample drawn from register data. We find that those who are …
Persistent link: https://www.econbiz.de/10011376618
up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is … positive for would-be entrepreneurs, in contrast to correlations in the data or uninstrumented estimates. Using firm data, we …
Persistent link: https://www.econbiz.de/10010259625
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10011378332
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In the media role models are increasingly being acknowledged as an influential factor in explaining the reasons for the choice of occupation and career. Various conceptual studies have proposed links between role models and entrepreneurial intentions. However, empirical research aimed at...
Persistent link: https://www.econbiz.de/10011386370
Empirical studies show low pecuniary returns of switching from wage employment to entrepreneurship. We reconsider the … transfers is used as an exclusion restriction to identify causal effects. The model is estimated on data covering the whole … indicate that the average returns to entrepreneurship are significantly negative for individuals entering entrepreneurship …
Persistent link: https://www.econbiz.de/10011722648
Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
Persistent link: https://www.econbiz.de/10011374393
Policy in developed countries is often based on the assumption that higher business ownership rates induce economic value. Recent microeconomic empirical evidence casts doubts on the validity of this assumption or, at least, leads to a more nuanced view: Especially the top performing business...
Persistent link: https://www.econbiz.de/10011386434