Showing 1 - 10 of 36
A novel method is applied to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1,000 Dutch entrepreneurs. We find that initial capital constraints hinder entrepreneurs in their performance, even when we control for various human capital and other factors...
Persistent link: https://www.econbiz.de/10005406006
The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...
Persistent link: https://www.econbiz.de/10005406064
level and quality of entrepreneurship and the level of effort by entrepreneurs and venture capitalists. We also provide …
Persistent link: https://www.econbiz.de/10005406085
entrepreneurship. Here, we investigate analytically and quantitatively the trade-off between transaction costs saved and creative …
Persistent link: https://www.econbiz.de/10005406109
shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and … labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect of public … production of private goods on entrepreneurship dominates the crowding-in effect of public production of public goods in the OECD …
Persistent link: https://www.econbiz.de/10005416460
We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual’s identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual’s socialization. This could be...
Persistent link: https://www.econbiz.de/10004979425
attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are … immigrant entrepreneurs’ contributions to the economy, entrepreneurship differences across groups and group differences in …
Persistent link: https://www.econbiz.de/10011257678
Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household …-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk …
Persistent link: https://www.econbiz.de/10010775095
opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … available -- the 1996 to 2009 Current Population Survey (CPS) -- are used to conduct a detailed analysis of the determinants of … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market …
Persistent link: https://www.econbiz.de/10010877680
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010877694