This paper tests the importance of social contacts on entrepreneurship. To measure differences in the interconnectedness of social contacts, we compare rural and agglomerated areas. A smaller community size in rural areas generates greater network closure. Agents' neighborhoods are more likely...

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...

In this paper, we assess educational factors which might have an impact on entrepreneurship. We analyze influences on the entrepreneurial intentions of German university students and find that pre-university education significantly affects their desire to become an entrepreneur. Using the recent...

The United States have them, European countries long for them, and universities are supposed to provide them"entrepreneurs are ubiquitously wanted because of their supposed impact on innovation and economic growth. The underlying mechanism is developed in Schumpeter's (1912) Theory of Economic...