Showing 1 - 10 of 38
This discussion paper resulted in an article in <I>Management Science</I>. Volume 59 issue 7, pages 1514-1528.<P> This paper reports on a field experiment conducted to estimate the impact of the share of women in business teams on their performance. Teams consisting of undergraduate students in business...</p></i>
Persistent link: https://www.econbiz.de/10011272579
We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical framework linking new business creation with an entrepreneur’s skill variety. Second, in this model we allow for both generalists and specialists to possess skill variety....
Persistent link: https://www.econbiz.de/10011272604
This paper proposes that risk aversion encourages individuals to invest in balancedskill profiles, making them more likely to become entrepreneurs. By not havingtaken this possible linkage into account, previous research has underestimated the impactsboth of risk aversion and balanced skills on...
Persistent link: https://www.econbiz.de/10011255496
This paper deals with the influence of cultural attitudes towards uncertainty on the level of businessownership across countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second, cross-sectional regression analysis using data for...
Persistent link: https://www.econbiz.de/10011255529
There is no robust empirical support for the effect of financial incentives on the decision to work in selfemploymentrather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on theopportunity cost, i.e. the wages given up as an employee. Information on income...
Persistent link: https://www.econbiz.de/10011255541
This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...
Persistent link: https://www.econbiz.de/10011255653
See also the publication in <I>Small Business Economics</I> (2013), 40(3), 651-670.<P> Job satisfaction of self-employed and paid-employed workers is analyzed using the European Community Household Panel for the EU-15 covering the years 1994-2001. We distinguish between two types of job satisfaction, i.e....</p></i>
Persistent link: https://www.econbiz.de/10011255751
Existing studies show a positive relationship between entrepreneurs' business performance and their conventional human capital as measured by previous business experience and formal education. In this paper, we explore whether illegal entrepreneurship experience (IEE), an unconventional form of...
Persistent link: https://www.econbiz.de/10011255961
This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We conduct a large field experiment in which teams start up and manage real companies under identical circumstances. Exogenous variation in - otherwise random - team composition is...
Persistent link: https://www.econbiz.de/10011255965
What is the effect of dispersed levels of cognitive ability of members of a (business) team on their team’s performance? This paper reports the results of a field experiment in which 573 students in 49 teams start up and manage real companies under identical circumstances. We ensured exogenous...
Persistent link: https://www.econbiz.de/10011256050