We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the …

In order to examine the impacts of market size on entrepreneurship, we estimate a monopolistic competition model that … involves the workers' decisions to pursue entrepreneurship by using data on Japanese prefectures. Our results show that a … larger market size in terms of population density leads to a higher incentive for individuals to become entrepreneurs. A 10 …

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …