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 …

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in … change does not benefit all potential entrepreneurs equally, and there is a positive relationship between an individual …

entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second … observation is that entrepreneurs enjoy higher returns to human capital than employees. We present an intuitive model showing that … for higher returns to human capital for entrepreneurs. …

This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained … due to presence/absence of entrepreneurs, i.e., low price of capital in autarky may reflect lack of demand for credit due … to scarcity of entrepreneurs and not capital abundance and eventually may lead to capital outflow from a capital scarce …

distinguishing between SEWEs and SEWNEs in drawing valid conclusions concerning any link between entrepreneurship and economic …

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 on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence …