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Persistent link: https://www.econbiz.de/10011748825
. Education and entrepreneurship are both influenced by other related factors. The current study estimates causal effects of … formal education on entrepreneurship outcomes by instrumenting for an individual's years of schooling using cohort mean years … education for men. The results suggest that formal education enhances entrepreneurship. …
Persistent link: https://www.econbiz.de/10012604374
opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative … entrepreneurs are 3.5 percentage points higher than the paid employees' rate of 8.1%, but 6.5 percentage points lower for necessity … entrepreneurs. Pooling the two types of entrepreneurs understates the value of education for opportunity entrepreneurs and sparks …
Persistent link: https://www.econbiz.de/10010344606
This paper studies wealth taxation in a heterogeneous agent economy with entrepreneurship. Entrepreneurs face borrowing … dataset on household wealth, I show that this possibility for entrepreneurs to sell their firm is crucial to simultaneously … experiment, I show that the effects of a wealth tax depend on how frequently entrepreneurs receive the opportunity to sell their …
Persistent link: https://www.econbiz.de/10013098221
This paper investigates career choices of women who marry high-income men. We find that women married to men in the top of the income distribution are more likely to enter self-employment, which is also associated with a lower income. This can be interpreted as a career choice that produces a...
Persistent link: https://www.econbiz.de/10011806220
relatively weak. Entrepreneurship policy needs to target particular groups, including women and less experienced business owners …
Persistent link: https://www.econbiz.de/10012870291
incorporation, implying that entrepreneurs face financial constraints, but not business registration, implying that financial …, for serial entrepreneurs, during economic booms, and in neighborhoods without local lenders, are important for …
Persistent link: https://www.econbiz.de/10012857880
Why do young firms pay less? Previous studies have argued that employees willingly accept lower wages at new firms in response to offsetting benefits. A second literature argues that lower wages at new firms are driven by the selection of lower quality workers into new firms, firms which are...
Persistent link: https://www.econbiz.de/10012919536
entrepreneurs. In the context of entrepreneurship, profiling should therefore only be seen as a first step on the way from the usual … entrepreneurship. Moreover, we compare prototyping with entrepreneurial profiling, another person-oriented approach to the Big Five …, which assumes that low levels of agreeableness and high levels of all other traits describe a particular entrepreneurship …
Persistent link: https://www.econbiz.de/10012884547
Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship … public policy affects the prevalence and performance of both productive entrepreneurship and so-called high …-impact entrepreneurship in turn. Although varying contexts and economic systems make prescribing a general panacea impossible, a number of …
Persistent link: https://www.econbiz.de/10014204711