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The relationship betwwen outcome status and encountered problems in the business start-up process is investigated. Contrary to expectations, we find that starter do not substantially differ from quitters in the number and type of problems encountered, and that problems encountered generally do...
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entrepreneurs from the Netherlands provides broad support for the theory; implications for policy-makers concerned about the …
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We compare the returns to education (RTE) for entrepreneurs and employees, based on 19 waves of the NLSY database. By using instrumental variable techniques (IV) and taking account of selectivity, we find that the RTE are significantly higher for entrepreneurs than for employees (18.3 percent...
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