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with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …
Persistent link: https://www.econbiz.de/10012963153
We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to … into the United States, comprehensive data for quantifying immigrant entrepreneurship are difficult to assemble. We combine …
Persistent link: https://www.econbiz.de/10012987141
We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …
Persistent link: https://www.econbiz.de/10012906767
of immigrants in entrepreneurship. We ask how often immigrants start companies, how many jobs these firms create, and how …" than "job takers" and that non-U.S. born founders play outsized roles in U.S. high-growth entrepreneurship …
Persistent link: https://www.econbiz.de/10013298486
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in … attention to unique issues that arise with female entrepreneurship …
Persistent link: https://www.econbiz.de/10013322173
entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the non-pecuniary benefits of running a … reveals that the personality traits that make entrepreneurship profitable are not always the same traits driving people to … open a business. This has important consequences for entrepreneurship policies. For example, subsidies for small businesses …
Persistent link: https://www.econbiz.de/10012911470
Do entrepreneurs earn supernormal returns, or does competitive pressure ensure that entrepreneurs receive the same utility level as workers? If those who run their own businesses get supernormal returns (or 'rents') they should be happier than those who work as employees. The paper tests this...
Persistent link: https://www.econbiz.de/10013218723
The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of innovation, employment and economic dynamism. We use data from the National Longitudinal Surveys (NLS) to investigate the relative importance of financial and human capital...
Persistent link: https://www.econbiz.de/10013228243
Nearly a quarter of Mexico's workforce is self employed. But in the U.S. rates of self employment among Mexican Americans are only 6 percent, about half the rate among non-Latino whites. Using data from the Mexican and U.S. population census, we show that neither industrial composition nor...
Persistent link: https://www.econbiz.de/10013065886
The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …
Persistent link: https://www.econbiz.de/10013231200