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Entrepreneurial persistence is demonstrated by an entrepreneur's continued positive maintenance of entrepreneurial motivation and constantly-renewed active engagement in a new business venture despite counter forces or enticing alternatives. It is thus a crucial factor for entrepreneurs when...
Persistent link: https://www.econbiz.de/10012862479
entry strongly applies to unincorporated entrepreneurship, but only weakly to incorporated entrepreneurship. This highlights … the association of unincorporated and incorporated entrepreneurship with necessity and opportunity entrepreneurship …
Persistent link: https://www.econbiz.de/10012864874
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/10012928500
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 … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …
Persistent link: https://www.econbiz.de/10012929104
Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow … that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …
Persistent link: https://www.econbiz.de/10012829216
Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...
Persistent link: https://www.econbiz.de/10012898724
household income.Based on individual-level data from the KfW Start-up Monitor, a large-scale survey on entrepreneurship in …
Persistent link: https://www.econbiz.de/10012915340
relatively weak. Entrepreneurship policy needs to target particular groups, including women and less experienced business owners …
Persistent link: https://www.econbiz.de/10012870291
I develop a dynamic model of forward-looking entrepreneurs, who decide whether to operate in the formal economy or informal economy and choose how much to invest in their businesses, taking government policy as given. The government has access to two policy tools: taxes on formal business...
Persistent link: https://www.econbiz.de/10012979858
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment as well as skill gaps where one of the equilibrium outcomes is a low-productivity trap. The paper tests the implications of the model using a cross-sectional dataset including...
Persistent link: https://www.econbiz.de/10012957509