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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/10010354771
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/10011397651
A striking fact about entrepreneurship is that the number of male entrepreneurs greatly exceed the number of female … personality traits can explain a modest part of the gender gap in entrepreneurship: our estimates suggest 21%-32%. We also …-entrepreneurial self-employed. This finding highlights that entrepreneurship is distinct from other types of self …
Persistent link: https://www.econbiz.de/10009737923
We assess the relevance of formal education on the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...
Persistent link: https://www.econbiz.de/10010344606
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...
Persistent link: https://www.econbiz.de/10011600990
, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … entrepreneurship. …
Persistent link: https://www.econbiz.de/10011601000
Gut ein Zehntel aller Erwerbstätigen in Deutschland ist selbständig, und nur eine von hundert Erwerbspersonen wagt jedes Jahr den Schritt in die Selbständigkeit. Klassische Faktoren wie Bildung, Berufserfahrung und elterliche Prägung greifen zur Erklärung des Phänomens "Selbständigkeit"...
Persistent link: https://www.econbiz.de/10011602319
Risk attitudes have an impact on not only the decision to become an entrepreneur but also the survival and failure rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk attitudes and the decision to become an entrepreneur,...
Persistent link: https://www.econbiz.de/10010265015
Entrepreneurial activity is often regarded as an engine for economic growth and job creation. Through tax policy, governments possess a potential lever to influence the decisions of economic agents to start and close small businesses. In Germany, the top marginal income tax rates were reduced...
Persistent link: https://www.econbiz.de/10010267760
The empirical finding that entrepreneurs tend to invest a large share of their wealth in their own firms despite comparably low returns and high risk has become known as the private equity premium puzzle. This paper provides evidence supporting the hypothesis that lower risk aversion of...
Persistent link: https://www.econbiz.de/10010271074