Using data from the German Socio-Economic Panel Study (GSOEP), we analyze whether necessity entrepreneurs differ from … opportunity entrepreneurs in terms of self-employment duration. Using univariate statistics, we find that opportunity … entrepreneurs remain in self-employment longer than necessity entrepreneurs. However, after controlling for the entrepreneurs …

define luck as unexpected performance and look for an answer in a large survey of entrepreneurs. Accordingly, luck ranks last … become entrepreneurs. Consistent with the definition, what entrepreneurs believe is luck correlates with the unexplained …