Governments in virtually all developed countries subsidise “guided preparation” for entrepreneurial activity. Despite being so widespread, the evidence that this assistance enhances venture performance remains in dispute, primarily because of a lack of consensus over statistical approaches....

This article challenges the assumption that the factors associated with the self-employment choices of women differ from those of men; specifically, we test the extent to which women are influenced by standard economic factors compared with family and social issues. We find that economic factors...

This paper links new firm survival with growth, with a focus on the patterns in firms' growth paths. We theorise a Gambler's Ruin framework by arguing that new firm performance is best modelled as a random walk process, but that survival is nonrandom and depends primarily on the stock of...