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The influence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that the role model of an entrepreneur requires to make risky decisions in uncertain environments and hence that more risk-averse...
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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,...
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Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a model of occupational choice, higher expected after-tax earnings attract people to self-employment, while more risky net earnings deter risk-averse individuals. In this paper I...
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The dynamics of startup activity are crucial for job creation, innovation, and a competitive economy. Does regional … aimed at stimulating opportunity entrepreneurship versus active labor-market policies supporting self-employment as a way … of new opportunity and new necessity entrepreneurship for the 17 Spanish regions. To test whether exogenous shocks have …
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