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The Dynamics of Entrepreneurship: Hysteresis, Business Cycles and Government Policy

Congregado, Emilio; Golpe, Antonio A.; Parker, Simon C. - Institute for the Study of Labor (IZA) - 2009

This paper estimates an unobserved components model to explore the macro dynamics of entrepreneurship in Spain and the … 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 …

Persistent link: https://www.econbiz.de/10005233799

Better Means More: Property Rights and High-Growth Aspiration Entrepreneurship

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - Institute for the Study of Labor (IZA) - 2009

This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …

Persistent link: https://www.econbiz.de/10005015496

Access to Justice and Entrepreneurship: Evidence from Brazil's Special Civil Tribunals

Lichand, Guilherme; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2011

Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The … determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the … determining the incidence of entrepreneurship. We explore the creation of Special Civil Tribunals in the Brazilian state of São …

Persistent link: https://www.econbiz.de/10009283566

Creativity and the Family Tree: Human Capital Endowments and the Propensity of Entrepreneurs to Patent

Link, Albert N.; Ruhm, Christopher J. - Institute for the Study of Labor (IZA) - 2011

In this paper we show that the patenting behavior of creative entrepreneurs is correlated with the patenting behavior of their fathers, which we refer to as a source of the entrepreneurs' human capital endowments. Our argument for this relationship follows from established theories of...

Persistent link: https://www.econbiz.de/10009323395

Risk, Balanced Skills and Entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2011

the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship. …

Persistent link: https://www.econbiz.de/10009395440

Immigration Policy and Entrepreneurship

Mahuteau, Stéphane; Piracha, Matloob; Tani, Massimiliano; … - Institute for the Study of Labor (IZA) - 2011

This paper analyses the impact of a change in Australia's immigration policy, introduced in the mid-1990s, on migrants' probability of becoming entrepreneurs. The policy change consists of stricter entry requirements and restrictions to welfare entitlements. The results indicate that those who...

Persistent link: https://www.econbiz.de/10009403371

Financing Entrepreneurship and the Old-Boy Network

Inci, Eren; Parker, Simon C. - Institute for the Study of Labor (IZA) - 2012

We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan...

Persistent link: https://www.econbiz.de/10009646307

Who Starts a Business and Who is Self-Employed in Germany

Fritsch, Michael; Kritikos, Alexander S.; Rusakova, Alina - Institute for the Study of Labor (IZA) - 2012

entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …

Persistent link: https://www.econbiz.de/10009646322

It's the Opportunity Cost, Stupid! How Self-Employment Responds to Financial Incentives of Return, Risk and Skew

Berkhout, Peter; Hartog, Joop; van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2011

There is no robust empirical support for the effect of financial incentives on the decision to work in self-employment rather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee. Information on...

Persistent link: https://www.econbiz.de/10009369109

Transitions to Entrepreneurship and Industry-Specific Barriers

Lofstrom, Magnus; Bates, Timothy; Parker, Simon C. - Institute for the Study of Labor (IZA) - 2011

enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses … of transitions to entrepreneurship generates misleading findings about the determinants of entrepreneurship. …

Persistent link: https://www.econbiz.de/10009369416