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I present a theory on the relationship between educational choice and entrepreneurship in a labour market with asymmetric information. The model shows that, in a labour market where education is used as a signalling device, an imperfect relationship between productivity in education and in the...
Persistent link: https://www.econbiz.de/10010330275
In the media role models are increasingly being acknowledged as an influential factor in explaining the reasons for the choice of occupation and career. Various conceptual studies have proposed links between role models and entrepreneurial intentions. However, empirical research aimed at...
Persistent link: https://www.econbiz.de/10011386370
In the media role models are increasingly being acknowledged as an influential factor in explaining the reasons for the choice of occupation and career. Various conceptual studies have proposed links between role models and entrepreneurial intentions. However, empirical research aimed at...
Persistent link: https://www.econbiz.de/10013068323
inhabitants are taken into account, some regions have persistently higher entrepreneurship rates than others. Proposed …; Sternberg 2009; Malecki 2009). It can be argued that in regions with high rates of entrepreneurship, entrepreneurial role models … over 300 owner-managers of young firms across four different sectors for three regions in the Netherlands. For each of the …
Persistent link: https://www.econbiz.de/10012171710
Although human capital externalities are a key variable in theories of economic growth, there has been little investigation of the mechanism by which these externalities are realized. We examine the relationship between the local levels of human capital and firm formation rates and find that...
Persistent link: https://www.econbiz.de/10010271743
Persistent link: https://www.econbiz.de/10010271742
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10011379475
Formal education is correlated with entrepreneurial activity and success, but correlation does not indicate causation. Education and entrepreneurship are both influenced by other related factors. The current study estimates causal effects of formal education on entrepreneurship outcomes by...
Persistent link: https://www.econbiz.de/10012604374
Policy in developed countries is often based on the assumption that higher business ownership rates induce economic value. Recent microeconomic empirical evidence casts doubts on the validity of this assumption or, at least, leads to a more nuanced view: Especially the top performing business...
Persistent link: https://www.econbiz.de/10011386434
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10010325994