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explores how the tension between different community values impacts the motivation to establish a new business. The research is … context to the individual’s motivation to become an entrepreneur. In this study, motivation is measured in accordance with the … the motivation factors, with the proactive personality acting as a moderator of the connection between kibbutz type and …
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We document in two very different datasets an inverted U-shaped relationship between work experience and entrepreneurship among movers. The first dataset consists of 1,248, U.S. lawyers who were forced to seek alternative employment after the sudden dissolutions of their employers. The second...
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In many low- and middle-income countries most micro and small enterprises (MSEs) struggle to upgrade into medium-sized and large enterprises. An extensive literature offers manifold explanations for the phenomenon but no conclusive answer on what the most important factors for MSE upgrading are:...
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Entrepreneurs need to invest money and time to grow their firms. Both money and time are often scarce, but the nature of these two resources is fundamentally different. Considering a small, fast-growing entrepreneurial firm, we show that the firm's key bottleneck resource shifts from money to...
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How do geographic and historical-cultural factors shape new business formation? Using novel data on new business registrations, we document that 75% of the variation in new business formation is explained by time-invariant county-level factors and examine the extent to which such variation is...
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