estimates indicate that a 1 percentage point relaxation of capital constraints increases entrepreneurs' gross business incomes … by 3.9% on average. Education enhances entrepreneurs' performance both directly - with a rate of return of 13.7% - and … education on entrepreneurs' performance is estimated to be 3.0 - 4.6%. …

shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering … credentials of highly educated potential entrepreneurs, in particular, predict avoidance of small-firm ownership in some … enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses …