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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 …
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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...
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