Cross-sectional tests of the Jack-of-All-Trades theory of entrepreneurship invariably conclude that accumulation of … balanced skill-mix across different fields of expertise stimulates entrepreneurship. Yet, none of these considers individual … entrepreneur. -- entrepreneurship ; occupational choice ; skills …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …

I investigate the mechanisms that drive sorting into entrepreneurship and entrepreneurial success among young …" entrepreneurs. I use the estimated model to evaluate policies designed to promote entrepreneurship. …

a positive relationship between an individual’s potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and "entrepreneurship out of necessity" falls with income per capita. The paper also documents, for two of …

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …