estimates indicate that a 1 percentage point relaxation of capital constraints increases entrepreneurs' gross business incomes … by 3.9% on average. Education enhances entrepreneurs' performance both directly—with a rate of return of 13.7%—and … education on entrepreneurs' performance is estimated to be 3.0–4.6%. …

claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question …: What is the contribution of entrepreneurs to the economy in comparison to non-entrepreneurs? We study the relative … contribution of entrepreneurs to the economy based on four measures that have most widely been studied empirically. Hence, we …

unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of …

Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known … ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at … determinants of these two types of selection: exit in real and in imagined markets. Entrepreneurs in imagined markets are more …

We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their … insights about the motivations and goals of nascent entrepreneurs. Most importantly, we identify a group of nascent … entrepreneurs that “cannot get satisfaction” with their start-up—not because their start-up fails to deliver financial returns, but …