We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the …

positive for would-be entrepreneurs, in contrast to correlations in the data or uninstrumented estimates. Using firm data, we … also investigate how the newly insurance-induced entrepreneurs fare relative to their uninsured peers. Results suggest that …

We test the hypothesis, based on popular and theoretical perspectives, that entrepreneurs are more action-oriented than … experiment among 100s of entrepreneurs, managers and employees. Our experimental results show that entrepreneurs are indeed more … curiosity. Our empirical test results show that (i) entrepreneurs score indeed higher, on average, than managers and employees …

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 … determinants of these two types of selection: exit in real and in imagined markets. Entrepreneurs in imagined markets are more …

Eurobarometer survey on Entrepreneurship” covering the 25 European Union member states and the United States. The most surprising of …

Two approaches can be distinguished with respect to modelling entrepreneurship: (i) the approachfocusing on the net … development of the number of entrepreneurs in an equilibrium framework and (ii)the approach focusing on the entries and exits of … entrepreneurs. In this paper we unify these ap-proaches to arrive at a model explaining the equilibrium and actual number of …

. Therefore, failure conveys ambiguous information about skill. We predict that investors will discount entrepreneurs that … of failure into luck and skill. Our results indicate that investors discount entrepreneurs who have experienced failure …

employees towards becoming entrepreneurs: exit from the current firm and entry into entrepreneurship. In other words, we study … show that same-gender entrepreneurial bosses have a great impact on employees’ future entrepreneurship choices, especially … bosses on female employees’ transition into entrepreneurship. We show that the female boss effect is greater than other …