Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different … firms where government subsidizes entry of domestic entrepreneurs. Under autarky the entry subsidy indirectly corrects for …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in … change does not benefit all potential entrepreneurs equally, and there is a positive relationship between an individual …

entrepreneurs three years after graduation. We find that each 100,000 inhabitant-increase in the size of the individual's province … markets, young entrepreneurs are able to reap-off the benefits of urbanization externalities: every 100,000-inhabitant … increase in the province's population raises entrepreneurs' net monthly income by 0.2-0.3 percent. -- labor market transitions …

where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship … hinges on risk tolerance and patience. Parents expecting their children to become entrepreneurs have an incentive to instill …

We measure the willingness to compete of entrepreneurs and salaried workers in an experiment. We let participants … entrepreneurs are less competitive than salaried workers, but that in the public condition this ordering is reversed. Data from a … follow-up survey suggest that social image concerns of entrepreneurs and perceived norms can explain why entrepreneurs are …

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 …