Immigrant entrepreneurs are a major driver of economic growth, and their decisions about where to locate can greatly …

robust and comes with more realistic interest rate dynamics. Agents productivities as workers and entrepreneurs evolve …

A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but …

This paper presents evidence on the role of the endowment effect in shaping the risk-taking behavior of entrepreneurs … 466 entrepreneurs in Cali, Colombia. Results show that entrepreneurs are more likely to accept riskier bets when those are … entrepreneurs prefer to continue operating their underperforming firms, as well as why many entrepreneurs overvalue their firms …

Uncertainty and institutions are each vital concepts in entrepreneurship research. However, little work has been done … how entrepreneurs can both cause and mitigate this uncertainty through market and institutional action. Finally, we focus … on a special case of institutional uncertainty, “regime uncertainty”, wherein entrepreneurs are left without reliable …

employed, and (ii) in response to increasing unemployment rate, the propensity to become entrepreneurs increases for employed … entrepreneurship and unemployment with endogenous job destructions. Entry decision into entrepreneurship is affected by an … the model. Also, unemployment benefits can be beneficial to the economy by inducing more nascent entrepreneurs from …