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Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the...
Persistent link: https://www.econbiz.de/10013493905
as entrepreneurs than do persons with particularly low or high risks. -- Entrepreneurship ; Risk Attitudes ; Survival and …
Persistent link: https://www.econbiz.de/10003726124
unemployment. -- Entrepreneurship ; push and pull motives ; survival and failure ; job creation …
Persistent link: https://www.econbiz.de/10003921269
Entrepreneurs tend to be risk tolerant but is more risk tolerance always better? In a sample of about 2,100 small businesses, we find an inverted U-shaped relation between risk tolerance and profitability. This relationship holds in a simple bilateral regression and also when we control for a...
Persistent link: https://www.econbiz.de/10014468858
entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent …
Persistent link: https://www.econbiz.de/10013466552
We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and...
Persistent link: https://www.econbiz.de/10011822200
Entrepreneurship is a local and dynamic phenomenon. We jointly investigate spatial spillovers and time persistence of … persistence of start-up activity, especially in the high-tech industry. This indicates that entrepreneurship is deeply rooted in … regions and underlines the importance of local entrepreneurship culture for new business formation. …
Persistent link: https://www.econbiz.de/10011558661
employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010438045
We apply a multi-level approach to analyze simultaneously the effects of three groups of determinants on new firm formation: industry, location and change over time. The data is for West Germany and covers the 1983-97 period. Our analysis indicates that innovation activities and the...
Persistent link: https://www.econbiz.de/10011437260
Jobs offer different wages and different non-monetary working conditions. This paper investigates how the demand for non-monetary aspects evolves over changing wealth levels. Wages do not perfectly compensate individuals for differential utility of jobs in a labour market with informational...
Persistent link: https://www.econbiz.de/10010233993