We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan...

This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated the impacts both of risk aversion and balanced skills...

I explore the factors that determine whether new business opportunities are exploited bystarting a new venture for an employer (‘nascent intrapreneurship’) or independently(‘nascent entrepreneurship’). Analysis of a nationally representative sample of Americanadults gathered in 2005-06...

We study entrepreneurs’ start-up financing from banks and local financiers. An informalnetwork, whose membership cannot be observed by outsiders, conveys the good signals itgets about the hidden types of network entrepreneurs to local financiers, which are thenreflected in different loan...

This paper proposes that risk aversion encourages individuals to invest in balanced skillprofiles, making them more likely to become entrepreneurs. By not having taken this possiblelinkage into account, previous research has underestimated the impacts both of risk aversionand balanced skills on...

Drivers of entrepreneurial entry are investigated in this study by examining how entry intosmall-business ownership is shaped by industry-specific constraints. The human- andfinancial-capital endowments of potential entrepreneurs entering firms in various industriesare shown to differ...

We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...

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...

This paper examines the work motivations and incentives of employees and selfemployed workers near retirement age. We use a sample of Canadians 50 years and older taken from LISA, the Longitudinal and International Study of Adult. Results are as follows. Poverty is associated positively with the...

Revenue drift, where insufficient attention is given to economic, relative to social, goals, threatens social enterprise performance and survival. We argue that financial incentives can address this problem by redirecting employee attention to commercial tasks and attracting workers less...