Showing 1 - 10 of 2,176
This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate … entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with … access to within-family ownership transfer, the outside market for entrepreneurship operates as a lemon's market. This …
Persistent link: https://www.econbiz.de/10013316970
This survey paper aims at critically discussing the recent literature on firm formation and survival and the growth of new-born firms. The basic purpose is to single out the microeconomic entrepreneurial foundations of industrial dynamics (entry and exit) and to characterise the founder's...
Persistent link: https://www.econbiz.de/10013317307
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/10013155593
entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …. The model predicts that, with liquidity constraints, the probability of entering entrepreneurship is an increasing … wealth profile for the fraction of workers in entrepreneurship, start-up costs weaken this relationship by depressing the …
Persistent link: https://www.econbiz.de/10013316960
start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … persist in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage … entrepreneurship where agents are heterogeneous in their ability as workers, and starting entrepreneurs face uncertainty about their …
Persistent link: https://www.econbiz.de/10013324800
I examine the extent to which the returns to college majors are influenced by selective migration and occupational choice across locations in the US. To quantify the role of selection, I develop and estimate an extended Roy model of migration, occupational choice, and earnings where, upon...
Persistent link: https://www.econbiz.de/10012831090
entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study … aims to close this gap by investigating the path to hybrid entrepreneurship. Using a large sample of French hybrid …, our study contributes to research on hybrid entrepreneurship and entrepreneurship entry modes. Moreover, it informs policy …
Persistent link: https://www.econbiz.de/10012943712
entrepreneurship entry and exit intentions during the pandemic. To that end, we analyze primary survey data we collected in the … remote work also matter for entrepreneurial intentions. Our findings enhance the understanding of entrepreneurship formation … and closure in a time of adversity and suggest that implementing entrepreneurship training and upskilling policies during …
Persistent link: https://www.econbiz.de/10014077580
. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross … a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms …. Because wages rise for all workers, low-productivity entrepreneurs will then at some point exit and become workers. As a …
Persistent link: https://www.econbiz.de/10013137516
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10013158681