This paper argues that there have been three distinct phases of enterprise policy in the UK in the past 30 years: the 1970s saw no effective enterprise policy ('policy off'); the 1980s witnessed an attempt to increase the number of start-ups; and the 1990s saw a concentration on 'business...

Though time is an important dimension of the venture creation process, our understanding of why some entrepreneurs are able to act more quickly than others is limited. Equally, not much is known about the relationship between venture creation speed and the subsequent venture growth. In this...

Time is central to our understanding of entrepreneurship. However, while prior research has shown a general link between decision speed and venture performance, little is known about what factors influence the speed of venture creation. Equally, little research has been conducted on how venture...

This study examines two issues. First, we assess the reliability of employment data self-generated by respondents using a survey panel of 280 firms surveyed in 1999 and again in 2002. Our results show that there is a close correlation between self-generated and archival secondary data. Second,...

There remains considerable scholarly debate about the role that prior entrepreneurial experience plays in new venture survival. Drawing on entrepreneurial learning theories, we use panel data on 8,400 new ventures to investigate the impact of four different types of prior entrepreneurial...

Time is central to our understanding of entrepreneurship. However, while prior research has shown a general link between decision speed and venture performance, little is known about what factors influence the speed of venture creation. Equally, little research has been conducted on how venture...

Testosterone has pronounced effects on men's physiological development and smaller, more nuanced, impacts on their economic behavior. In this study of 1199 Australian adult males, we investigate the relationship between the self-employed and their serum testosterone levels. Because prior studies...

This paper develops an occupational choice model in which entrepreneurs, who are initially uncertain about their true talent, learn from experience. As a consequence, both optimistic bias in talent beliefs and uncertainty diminish with experience. The model gives rise naturally to a...