comprehensive assessment, this research contributes to the literature on entrepreneurship by addressing the gap related to …

most important determinant of entrepreneurship is having background in a large number of different roles. Further, income …

Cross-sectional tests of the Jack-of-All-Trades theory of entrepreneurship invariably conclude that accumulation of … balanced skill-mix across different fields of expertise stimulates entrepreneurship. Yet, none of these considers individual …

start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage work …. The paper shows that these facts can be explained in a model of occupational choice between wage work and entrepreneurship …

a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and entrepreneurship out of necessity falls with income per capita. The paper also documents, for two of …

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 …