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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
. -- entrepreneurship ; occupational choice ; firm size …
Persistent link: https://www.econbiz.de/10003309268
We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...
Persistent link: https://www.econbiz.de/10011349713
redistributive gains in the form of better loan terms as network members. -- entrepreneurship ; financiers ; networks ; start …
Persistent link: https://www.econbiz.de/10009530313
Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: "not necessarily".
Persistent link: https://www.econbiz.de/10010252710
enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses … of transitions to entrepreneurship generates misleading findings about the determinants of entrepreneurship …. -- entrepreneurship ; self-employment ; capital constraints ; transitions ; entry barriers ; business start-ups …
Persistent link: https://www.econbiz.de/10009518408
Persistent link: https://www.econbiz.de/10003392219
Persistent link: https://www.econbiz.de/10003396280
We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs’ entry mode. The new venture creation...
Persistent link: https://www.econbiz.de/10003384908
This paper estimates an unobserved components model to explore the macro dynamics of entrepreneurship in Spain and the … US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the …
Persistent link: https://www.econbiz.de/10003830249