The non-pecuniary benefits of managing a small business are a first order consideration for many nascent entrepreneurs …, yet the preference for business ownership is mostly ignored in models of entrepreneurship and occupational choice. In this … occupational choice. This choice yields several important results: (1) entrepreneurship can be thought of as a normal good …

Why do levels of entrepreneurship differ across America's cities? This paper presents basic facts on two measures of … entrepreneurship: the self-employment rate and the number of small firms. Both of these measures are correlated with urban success … entrepreneurship is linked to a large number of small firms in supplying industries. Finally, there is a strong connection between area …

Serial entrepreneurs, who open more than one business, are found to have higher sales and higher productivity than … novice entrepreneurs, who open one business. Using panel data on entrepreneurs and their firms from Denmark for 2001 … entrepreneurs that hold a portfolio of overlapping ongoing firms perform the best, as do those that open as limited liability firm …

on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on …We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … differentiates between entrepreneurs and other self-employed to address puzzling gaps that have emerged between theory and evidence …

discontinuity in Finland that allows certain entrepreneurs not to pay social insurance contributions on their income. Using rich … administrative data, we find that relaxing the social insurance mandate leads entrepreneurs to significantly reduce their …

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries …. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner …

We review the extensive literature since 2000 on the personality traits of entrepreneurs. We first consider baseline … consider risk attitudes and goals and aspirations of entrepreneurs. Within each area, we separate studies by the type of … entrepreneurial behavior considered: entry into entrepreneurship, performance outcomes, and exit from entrepreneurship. This …