countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … ownership. This surprisingfinding suggests that a personal trait (risk aversion) and its related cultural characteristic … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …

across OECD countries. First, the concepts of uncertainty and risk are elaborated, as well as their relevance for … entrepreneurship. Second, cross-sectional regression analysis using data for three separate years in twenty Western countries and Japan … costs of entrepreneurship are the dominant perception in this cultural environment. In a group of low-uncertainty avoidance …

, the concepts of uncertainty and risk are elaborated, as well as their relevance for entrepreneurship. An occupational … compensating pull of entrepreneurship in countries with low uncertainty avoidance may have gained momentum in recent years. Third …

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

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