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Education and entrepreneurial choice : an instrumental variables analysis

Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: November 2010

Education is argued to be an important driver of the decision to start a business. The measurement of its influence … US. Theeffect of education on the decision to become self-employed is found to be strongly positive,much higher than the … estimated effect in case no instrumental variables are used. That is, thehigher the respondent's level of education, the greater …

Persistent link: https://www.econbiz.de/10011379198

The value of an educated population for an individual's entrepreneurship success

Millán Morera de la Vall, José María; Congregado, Emilio - 2013 - Version: September 2013

Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship …. The value of other input factors, such as (knowledge) capital and labor is likely to be affected by the education level of … the possible stakeholders in the entrepreneur’s venture. The education distribution of the (local) population may thus …

Persistent link: https://www.econbiz.de/10011386432

Public initiatives to support entrepreneurs : credit guarantees versus co-funding

Arping, Stefan; Lóránth, Gyöngyi; Morrison, Alan - 2009

We analyze financial support for the entrepreneurial sector. State support can raise welfare by relaxing financial constraints, but it can also reduce lending standards if entrepreneurs substitute public sources of collateral for their own assets, if it encourages excessive entrepreneurial...

Persistent link: https://www.econbiz.de/10011377605

Initial capital constraints hinder entrepreneurial venture performance

Praag, Mirjam van; Wit, Gerrit de; Bosma, Niels - 2004

This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

Persistent link: https://www.econbiz.de/10011333876

The value of human and social capital investments for the business performance of start-ups

Bosma, Niels; Praag, Mirjam van; Thurik, Adriaan R.; … - 2002

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...

Persistent link: https://www.econbiz.de/10011326404

The value of human and social capital investments for the business performance of startups

Bosma, Niels; Praag, Mirjam van; Thurik, Adriaan R.; … - 2002

Persistent link: https://www.econbiz.de/10001659000

The entrepreneurial adjustment process in disequilibrium

Burke, Andrew; Stel, Adriaan J. van - 2009

The main contribution of entrepreneurship theory to economics is to provide an account of market performance in disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the interrelationship between firm entry and exit in...

Persistent link: https://www.econbiz.de/10011377541

Industry dynamics and entrepreneurship : an equilibrium model

Fok, Dennis; Stel, Adriaan J. van; Burke, Andrew; … - 2010 - This version: October 2010

This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics. The benefit of our model is twofold. First, to discriminate between entrants’ role of performing the entrepreneurial function of creating disequilibrium and the conventional...

Persistent link: https://www.econbiz.de/10011379632

Unraveling the shift to the entrepreneurial economy

Audretsch, David B.; Thurik, Adriaan R. - 2011 - Current version: April 2011

rethinking of the public policy approach. Rather than the focus of directly and exclusively on promoting startups and SMEs, it …

Persistent link: https://www.econbiz.de/10011381042

How do entrepreneurial bosses influence their employees' euture entrepreneurship choices?

Rocha, Vera; Praag, Mirjam van - 2016

We adopt a process-based approach to investigate the influence of entrepreneurial bosses on the two main decisions of employees towards becoming entrepreneurs: exit from the current firm and entry into entrepreneurship. In other words, we study the push and pull mechanisms possibly underlying...

Persistent link: https://www.econbiz.de/10011572733