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 …

This paper analyzes the impact of a leading entrepreneurship education program on college students’ entrepreneurship …

the likelihood that he/she starts a business.Implications for entrepreneurship research and practice are discussed. …

intentions. However, empirical research aimed at establishing the importance of role models for (nascent) entrepreneurs is scarce … completed by a representative sample of 292 entrepreneurs in three major Dutch cities - entrepreneurs who have recently started …

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences … show furthermore that entrepreneurs have higher returns to education than employees (in terms of the comparable performance … spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …

Empirical studies show low pecuniary returns of switching from wage employment to entrepreneurship. We reconsider the … indicate that the average returns to entrepreneurship are significantly negative for individuals entering entrepreneurship …

estimates indicate that a 1 percentage point relaxation of capital constraints increases entrepreneurs' gross business incomes … by 3.9% on average. Education enhances entrepreneurs' performance both directly - with a rate of return of 13.7% - and … education on entrepreneurs' performance is estimated to be 3.0 - 4.6%. …

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

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … entrepreneurs with more varied work experience are more likely to introduce innovations that have not only technical, but also … commercial value. Our findings support the notion that entrepreneurship can be learned. …