contains elements of the asymmetric information approach and behavioral finance (overconfident entrepreneurs). The model … managers), for example the pecking-order theory. It also contrasts traditional behavioral finance literature (e.g. Fairchild …

resolves this oversight by placing the theory of social entrepreneurship on an economic foundation. It outlines the economic … market economy. This chapter examines one such example: the growing field of social entrepreneurship. Although it attracts … major interest in management studies, social entrepreneurship has received scant attention from economists. This chapter …

US entrepreneurs typically work long hours in their firms and these hours form a large part of the firms' labor input …. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce … levels and the dispersion of wealth among entrepreneurs. Long owner hours incentivize poor, highly productive individuals to …

contains elements of the asymmetric information approach and behavioral finance (overconfident entrepreneurs). The model …-order theory) where equity represents an inferior security. The latter has rational managers. It also contrasts traditional …

entrepreneurs-managers and markets in governing collaboration in production and exchange. The main hypothesis formulated in the … mechanisms, and therefore in economies with higher social capital the equilibrium number of entrepreneurs will be lower and their …

We study a regional economy with a large number of entrepreneurs who own firms and who want to go public. Specifically …

entrepreneurial ability, to the realistic case that entrepreneurs can decide whether they hire workers and become employers or whether …

for entrepreneurs would impact the economy using a model of entrepreneurship based on a search and matching framework. The … entrepreneurs in South Korea. Despite facing labor market risks similar to paid employees, entrepreneurs are often not eligible for … UI in many countries. South Korea, where entrepreneurs represent over 20% of the workforce, is considering a design of UI …

We study a regional economy with a large number of entrepreneurs who own firms and who want to go public. Specifically …

self-employment (entrepreneurship) and salary employment. Lazear's theory of entrepreneurship is assessed in terms whether … regression, using survey data gathered from 1600 entrepreneurs. In light of the results, Lazear's theory cannot be unambiguously …The aim of this study is to explore and elaborate the concept of hybrid entrepreneurship, i.e., a simultaneous mix of …