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Long-term effects of shocks on new opportunity and necessity entrepreneurship
Congregado, Emilio; Fossen, Frank M.; Rubino, Nicola; … - 2024
deterministic breaks. We also present results for the different Spanish regions and industrial sectors. We find that hysteresis is … firm formation exhibit hysteresis, such that shocks, including those induced by temporary policy interventions, have … of new opportunity and new necessity entrepreneurship for the 17 Spanish regions. To test whether exogenous shocks have …
Persistent link: https://www.econbiz.de/10014517310
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Who values the status of the entrepreneur?
Praag, Mirjam van - 2009
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession 'entrepreneurship' shapes people's occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...
Persistent link: https://www.econbiz.de/10003858871
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Risk, balanced skills and entrepreneurship
Hsieh, Chihmao; Parker, Simon C.; Praag, Mirjam van - 2011
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated the impacts both of risk aversion and balanced skills...
Persistent link: https://www.econbiz.de/10009523510
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Transitions to entrepreneurship and industry-specific barriers
Lofstrom, Magnus; Bates, Timothy Mason; Parker, Simon C. - 2011
Drivers of entrepreneurial entry are investigated in this study by examining how entry into small-business ownership is shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering firms in various industries are shown to differ...
Persistent link: https://www.econbiz.de/10009518408
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Opportunity versus necessity entrepreneurship : two components of business creation
Fairlie, Robert W.; Fossen, Frank M. - 2018
A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship. Although there is general agreement in the...
Persistent link: https://www.econbiz.de/10011785732
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The dynamics of entrepreneurship : hysteresis, business cycles and government policy
Congregado, Emilio; Golpe, Antonio A.; Parker, Simon C. - 2009
US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the … article discusses implications of the findings for the design of entrepreneurship policies. -- Hysteresis ; unobserved …
Persistent link: https://www.econbiz.de/10003830249
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Immigration and entrepreneurship
Fairlie, Robert W.; Lofstrom, Magnus - 2013
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This is reflected in immigration policies and many developed countries have created special visas and entry requirements in an attempt to attract immigrant entrepreneurs. Not...
Persistent link: https://www.econbiz.de/10010197083
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Transitioning from solo self-employed to microbusiness employer : local economic environment or owner characteristics?
Henley, Andrew - 2019
Only a minority of micro-businesses create jobs for others. This paper addresses whether personal characteristics and resources of the microbusiness owner or the local external economic environment are drivers of job creation. In the UK context of significant growth in self-employment but a...
Persistent link: https://www.econbiz.de/10011986025
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Entrepreneurship : origins and returns
Berglann, Helge; Moen, Espen R.; Røed, Knut; … - 2009
We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self-employment, but also employment in partly self-owned limited...
Persistent link: https://www.econbiz.de/10003858876
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Trust, positive reciprocity, and negative reciprocity : do these traits impact entrepreneurial dynamics?
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - 2010
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...
Persistent link: https://www.econbiz.de/10009312883