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To what extent is the performance of a small business venture, once started, affected by capital constraints at the time of inception and by the business founder's investment in human capital? We attempt to answer this question taking into account the potential endogeneity of human and financial...
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We classify industries using measures of entry barriers and proceed to investigate how determinants of entry vary in high- as opposed to low-barrier fields. The wealth and educational background characteristics potential entrepreneurs possess, we found, predispose them to make distinctly...
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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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This title discusses the role of entrepreneurship in recessions. Simon Parker has selected the key contributions in the … this process. A central theme is the contribution of entrepreneurship to the creation and propagation of business cycles. A … recessions, namely unemployment. The book will be a useful resource for scholars and policy-makers interested in entrepreneurship …
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