, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … forgiving personal bankruptcy law are less relevant for wealthy potential. - entrepreneurs who still risk losing their wealth … entrepreneurship. …

impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … of immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are … easier to accomplish. Our theory offers a unique perspective on the contributions of immigrants to economic development …

We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the …

) heterogeneous in their entrepreneurship abilities and choose between being employees or entrepreneurs. The sufficient conditions in …

One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk …, retaining agent heterogeneity in risk aversion and the endogenous division of agents into less risk averse entrepreneurs and …