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Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs' past failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both. Therefore, failure conveys ambiguous information about...
Persistent link: https://www.econbiz.de/10012947124
This paper proposes a matching model that distinguishes between job creation by existing firms and job creation by firm entrants. The paper argues that vacancy posting and job destruction on the extensive margin, i.e. from firms that enter and exit the labour market, represents a viable...
Persistent link: https://www.econbiz.de/10013317467
A growing wave of co-location programmes promises to boost growth for entrepreneurs and young firms. Despite great public and policy interest we have little idea whether such programmes are effective. This paper categorises accelerators and incubators within a larger family of co-location...
Persistent link: https://www.econbiz.de/10012909866
Only a few large, nationally-representative datasets include information on both the owner and the business. We briefly describe several of the most respected and up-to-date sources of data on entrepreneurs, the self-employed, and small businesses. More information including estimates of recent...
Persistent link: https://www.econbiz.de/10012757745
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10012763926
We utilize individual panel data from the 1996 and 2001 Survey of Income and Program Participation (SIPP) to analyze the relative success of self-employed female Hispanics. To allow for a meaningful comparison of earnings between self-employed and wage/salary employed women, we generate...
Persistent link: https://www.econbiz.de/10012764680
entrepreneurship as a possible growth driver. This paper contributes to reconciling mixed findings in the literature on the …
Persistent link: https://www.econbiz.de/10012859274
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
Entrepreneurship in most advanced economies is in decline. This comes as a surprise: many scholars have expected an … upsurge in entrepreneurship. What are the reasons for the decline? In this paper I first document the extent of the decline in …-side view and moreover fail to explain why the decline in entrepreneurship is largely confined to economies with high levels of …
Persistent link: https://www.econbiz.de/10012862486
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