Considering the sequential nature of nascent entrepreneurship and business ownership, this paper examines the propensities of academic entrepreneurs to be business owners. A theoretical model sets up the empirical analysis based on survey data from a large German public research institute....

Using the British Household Panel Survey, this paper finds that inheritance has a concave effect on the hours worked by male entrepreneurs. Receiving an inheritance increases the labor supply of unemployed male entrepreneurs; however this effect becomes smaller for higher inheritances.