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Opportunity Versus Necessity Entrepreneurship : Two Components of Business Creation

Fairlie, Robert W. - 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 … 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

Innovative Firms or Innovative Owners? Determinants of Innovation in Micro, Small, and Medium Enterprises

de Mel, Suresh - 2015

Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have restricted standard analysis of the determinants of innovation...

Persistent link: https://www.econbiz.de/10012749897

Personal Bankruptcy Law, Wealth and Entrepreneurship : Theory and Evidence from the Introduction of a 'Fresh Start'

Fossen, Frank M. - 2011

, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … entrepreneurship …

Persistent link: https://www.econbiz.de/10013130785

Trust, Positive Reciprocity, and Negative Reciprocity : Do These Traits Impact Entrepreneurial Dynamics?

Caliendo, Marco - 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/10013134986

The Returns to Education for Opportunity Entrepreneurs, Necessity Entrepreneurs, and Paid Employees

Fossen, Frank M. - 2012

We assess the relevance of formal education for the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...

Persistent link: https://www.econbiz.de/10013099751

The Demand for, and Consequences of, Formalization Among Informal Firms in Sri Lanka

de Mel, Suresh - 2012

The majority of firms in most developing countries are informal. We conducted a field experiment in Sri Lanka which provided incentives for informal firms to formalize. Offering only information about the registration process and reimbursement for direct registration costs had no impact on...

Persistent link: https://www.econbiz.de/10013107733

A Helping Hand or the Long Arm of the Law? Experimental Evidence on What Governments Can Do to Formalize Firms

de Andrade, Gustavo Henrique - 2013

Many governments have spent much of the past decade trying to extend a helping hand to informal businesses by making it easier and cheaper for them to formalize. Much less effort has been devoted to raising the costs of remaining informal, through increasing enforcement of existing regulations....

Persistent link: https://www.econbiz.de/10013081806

2d : 4d and Self-Employment Using SOEP Data: A Replication Study

Fossen, Frank M. - 2020

The 2D:4D digit ratio, the ratio of the length of the 2nd digit to the length of the 4th digit, is often considered a proxy for testosterone exposure in utero. A recent study by Nicolaou et al. (2018) reported an association between the lefthand 2D:4D and self-employment (in a sample of about...

Persistent link: https://www.econbiz.de/10012835274

Growing Markets Through Business Training for Female Entrepreneurs : A Market-Level Randomized Experiment in Kenya

McKenzie, David J. - 2017

A common concern with efforts to directly help some small businesses to grow is that their growth comes at the expense of their unassisted competitors. We test this possibility using a two-stage randomized experiment in Kenya which randomizes business training at the market level, and then...

Persistent link: https://www.econbiz.de/10012960274

Were Small Businesses More Likely to Permanently Close in the Pandemic?

Fairlie, Robert W.; Fossen, Frank M.; Johnsen, Reid; … - 2022

Previous estimates indicate that COVID-19 led to a large drop in the number of operating businesses operating early in the pandemic, but surprisingly little is known on whether these shutdowns turned into permanent closures and whether small businesses were disproportionately hit. This paper...

Persistent link: https://www.econbiz.de/10013403602