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between initial household net wealth and the probability of switching to entrepreneurship in Italy and the United States … exposure to financial risk, would positively affect transition into entrepreneurship. Therefore, I fill a gap in the literature … financial sophistication. Last but not least, I simultaneously estimate the probability of switching to entrepreneurship and …
Persistent link: https://www.econbiz.de/10008611075
In this study, we use data from the Federal Reserve’s 1993, 1998 and 2003 Surveys of Small Business Finances to classify small businesses into four groups based upon their credit needs and to model the credit allocation process into a sequence of three steps. First, do firms need credit? We...
Persistent link: https://www.econbiz.de/10008615019
In this study, we use data from the SSBFs to provide new information about the use of credit by small businesses in the U.S. More specifically, we first analyze firms that do and do not use credit; and then analyze why some firms use trade credit while others use bank credit. We find that one in...
Persistent link: https://www.econbiz.de/10008615030
The purpose of this study to help shed light on the entrepreneurship, entrepreneurs and enterprise growth in Wenzhou …
Persistent link: https://www.econbiz.de/10008616868
This article studies path dependent regional structural change using a quantitative framework. Based on an inter-relatedness indicator, the degree to which local skill-bases exist and force local economies onto a path-dependent development trajectory is studied. The main question is into which...
Persistent link: https://www.econbiz.de/10008617011
important to know the fundamentals of entrepreneurship. Such knowledge involves defining entrepreneurship, highlighting the main …
Persistent link: https://www.econbiz.de/10008620576
The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs without controlling for heterogeneity. This paper...
Persistent link: https://www.econbiz.de/10008623436
The research goal is to investigate the atitude of students about the entrepreneurship and to find the difference … in his ability to finish the process of entrepreneurship. The research will be realised on the target group of students … between expectations and achievements after graduate. Theoretically, the research is based on intention models which are the …
Persistent link: https://www.econbiz.de/10008624636
Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High …-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary …-impact entrepreneurship. …
Persistent link: https://www.econbiz.de/10008565788
This essay argues that the economic contribution of certain firms – be they small, young or rapidly growing – has to be …
Persistent link: https://www.econbiz.de/10008565789