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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. …
Persistent link: https://www.econbiz.de/10010230889
The founder (team)'s human capital is a vital determinant of future firm performance. This is a stylized fact. Less is known about the effect of the human capital of the initial workforce hired by the founder(s). We study the performance consequences of a founder's choice of the initial...
Persistent link: https://www.econbiz.de/10011458941
. Education and entrepreneurship are both influenced by other related factors. The current study estimates causal effects of … formal education on entrepreneurship outcomes by instrumenting for an individual's years of schooling using cohort mean years … education for men. The results suggest that formal education enhances entrepreneurship. …
Persistent link: https://www.econbiz.de/10012604374
We present a novel theory that immigrants facilitate innovation and entrepreneurship by being willing and able to … observationally equivalent natives. Areas with large numbers of immigrants may therefore lead to more entrepreneurship and innovation …
Persistent link: https://www.econbiz.de/10012486484
We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or …
Persistent link: https://www.econbiz.de/10011796102
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. …
Persistent link: https://www.econbiz.de/10014279932
The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...
Persistent link: https://www.econbiz.de/10012169372
Firm ownership is a dening feature of immigrant adaptation: 41% of immigrants own a firm at some point in their first 10 years post-arrival. We use Canadian data linking immigrant arrival records with individual and firm tax data to examine the process of entering firm ownership for immigrants....
Persistent link: https://www.econbiz.de/10014388854
for higher returns to human capital for entrepreneurs. -- Entrepreneurship ; ability ; occupational choice ; human capital …
Persistent link: https://www.econbiz.de/10003860403
employer ('nascent intrapreneurship') or independently ('nascent entrepreneurship'). Analysis of a nationally representative … sample of American adults gathered in 2005-06 uncovers systematic differences between the drivers of nascent entrepreneurship … opportunities which sell to other businesses. Implications of the findings are discussed. -- Nascent entrepreneurship …
Persistent link: https://www.econbiz.de/10003848568