The purpose of this paper was to examine the factors affecting the future firm size expectations of nascent entrepreneurs. This was done by testing a decision model on a unique data set composed of a random sample of nascent entrepreneurs. The proposed model is based on four different components...

In the words of Hubbard, Vetter and Little (1998, p. 252), 'systematic replication replaces piecemeal, untested results with useful findings that address practical problems.' We agree with this. We further hold that for empirical relationships to be really interesting and meaningful one should...

This paper examines the effects and origins of balanced skills among nascent entrepreneurs. In a first step we apply Lazear’s jack-of-all-trades theory to investigate performance effects of a balanced skill set. Second, we investigate potential sources of balanced skills, thereby testing the...

Most of the aggregate level analyses on the relationship between objective and subjective measures for well-being have limited themselves to measures of national GDP and mean life satisfaction. We develop this line of research by embedding the analysis into the context of 289 NUTS regions in...

This paper introduces the Geographic Macro and Regional (GMR) model for NUTS-2 regions of the Euro zone. This model consists of three blocks: the TFP, the SCGE and the MACRO blocks. The model is built for impact analysis of policies targeting intangible assets in the forms of R&D, human capital...

Content analysis of interviews conducted with reindeer herders - referred to as reindeer husbandry entrepreneurs, by the Reindeer Herders' Association - from two ethnic communities in Finland reveals that participants who identified themselves as ethnic Finns viewed their self-employment as an...