Showing 1 - 10 of 26
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important …
Persistent link: https://www.econbiz.de/10012123532
We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel Study. The data include private wealth balance sheets,...
Persistent link: https://www.econbiz.de/10012430244
into entrepreneurship, we use changes in entry regulation into skilled trades. Estimation results are consistent with the …
Persistent link: https://www.econbiz.de/10011701179
Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new...
Persistent link: https://www.econbiz.de/10010421510
, focussing specifically on poor performance enterprises, a prevalent but disregarded type of entrepreneurship. Using German panel …
Persistent link: https://www.econbiz.de/10011782009
A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …
Persistent link: https://www.econbiz.de/10011808609
formation of new firms in former socialist countries. For this purpose Kirzner's theory of costless entrepreneurship is reviewed …
Persistent link: https://www.econbiz.de/10009124254
also for entrepreneurship, innovation, and thus, economic growth. We analyze the level and the determinants of self … entrepreneur. Investigating the determinants of entrepreneurship within the creative class as compared to non-creative professions … reveals only some few differences. -- entrepreneurship ; new business formation ; creativity ; creative class …
Persistent link: https://www.econbiz.de/10009707607
limited. In this paper, we show that entry into entrepreneurship itself plays a decisive role in shaping risk preferences. We … of entrepreneurship. The findings suggest that studies assuming that risk attitudes are stable over time suffer from …
Persistent link: https://www.econbiz.de/10010374180
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/10011632497