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A simple occupational choice model is used to predict that entrepreneurs who found new firms are more likely to work for small than for large firms prior to start-up. The mechanism underlying the result is heterogeneous risk aversion. The model also predicts a positive association between new...
Persistent link: https://www.econbiz.de/10005763463
This paper estimates an unobserved components model to explore the macro dynamics of entrepreneurship in Spain and the … US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the …
Persistent link: https://www.econbiz.de/10005233799
We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...
Persistent link: https://www.econbiz.de/10005209489
? This paper reports the results of a field experiment in which 573 students in 49 teams start up and manage real companies … under identical circumstances. We ensured exogenous variation in - otherwise random - team composition by assigning students …
Persistent link: https://www.econbiz.de/10010377189
We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs’ entry mode. The new venture creation...
Persistent link: https://www.econbiz.de/10005703388
entrepreneurship. It is designed primarily to showcase to young entrepreneurship scholars several interesting research questions and a …
Persistent link: https://www.econbiz.de/10005864997
Persistent link: https://www.econbiz.de/10011748825
Persistent link: https://www.econbiz.de/10011791134
Persistent link: https://www.econbiz.de/10010190989
? This paper reports the results of a field experiment in which 573 students in 49 teams start up and manage real companies … under identical circumstances. We ensured exogenous variation in - otherwise random - team composition by assigning students …
Persistent link: https://www.econbiz.de/10010348405