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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/10013131717
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/10014165660
, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … experiment, based on representative household panel data. The results indicate that the insurance effect of a more forgiving … entrepreneurship." …
Persistent link: https://www.econbiz.de/10013130939
operational definition of opportunity versus necessity entrepreneurship using readily available nationally representative data. We …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 …
Persistent link: https://www.econbiz.de/10012920510
Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a model of occupational choice, higher expected after-tax earnings attract people to self-employment, while more risky net earnings deter risk-averse individuals. In this paper I...
Persistent link: https://www.econbiz.de/10014220108