In this paper, I analyse how the survival of new firms is affected by the average ability level in the founding team …, the team size, team members' homogeneity with respect to ability, and team members' heterogeneity with respect to … whole population of Danish firms founded in 1998, I find that the average ability level in a team and the team size have …

This paper contributes to empirical research in entrepreneurship by focusing on the link between two stylized facts … Entrepreneurship Monitor (REM). We use a version of the probit model that takes care of the regional stratification of the data, and …

I present a theory on the relationship between educational choice and entrepreneurship in a labour market with … relationship between productivity in education and in the labour market can lead to an equilibrium where a fraction of the high-ability … is prediction is confirmed empirically: Individuals combining low education with high ability have the highest …

This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …