the likelihood that he/she starts a business.Implications for entrepreneurship research and practice are discussed. …

Two approaches can be distinguished with respect to modelling entrepreneurship: (i) the approachfocusing on the net …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …

risks shape the equilibrium entrepreneurship in an occupational choice model. Differential social insurance of … entrepreneurial and labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect … of public production of private goods on entrepreneurship dominates the crowding-in effect of public production of public …

shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and … labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect of public … production of private goods on entrepreneurship dominates the crowding-in effect of public production of public goods in the OECD …

start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … persist in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage … entrepreneurship where agents are heterogeneous in their ability as workers, and starting entrepreneurs face uncertainty about their …