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We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...
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We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
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. -- entrepreneurship ; occupational choice ; firm size …
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