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claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10011372984
We combine two empirical observations in a general equilibrium occupational choice model. The first is that 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...
Persistent link: https://www.econbiz.de/10011378332
Policy in developed countries is often based on the assumption that higher business ownership rates induce economic value. Recent microeconomic empirical evidence casts doubts on the validity of this assumption or, at least, leads to a more nuanced view: Especially the top performing business...
Persistent link: https://www.econbiz.de/10011386434
Innovative entrepreneurship is considered an important pillar for economic development and has sparked a lively … that takes stock of the academic knowledge about innovative entrepreneurship and summarizes the evidence from 102 empirical … innovative entrepreneurship. Based on this state-of-the-art literature review, directions for future research are discussed. …
Persistent link: https://www.econbiz.de/10011531131
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … generalists and specialists to possess skill variety. Third, we test our model empirically using data from Germany and the … commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010231657
Prior research suggests that start-up costs and taxes negatively influence entry into entrepreneurship. Yet, no … distinction is made regarding the type of entrepreneurship, particularly innovative versus non-innovative entrepreneurship. Start … entrepreneurship, discouraging individuals with innovative business ideas from becoming entrepreneurs. Analyzing a dataset of 632 …
Persistent link: https://www.econbiz.de/10010477112
We estimate the impact of schooling and capital constraints at the time of startup on the performance of Dutch entrepreneurial ventures, taking into account the potential endogeneity and interdependence of these variables. Instrumental variable estimates indicate that a 1 percentage point...
Persistent link: https://www.econbiz.de/10011337974
spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …
Persistent link: https://www.econbiz.de/10011379475
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Persistent link: https://www.econbiz.de/10003874424