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What Are We Learning from Business Training and Entrepreneurship Evaluations around the Developing World?
business training consulting randomized experiments firm productivity
2012/10/19
Business training programs are a popular policy option to try to improve the performance of
enterprises around the world. The last few years have seen rapid growth in the number of
evaluations of th...
Entrepreneurship: Cause or Consequence of Financial Optimism?
financial optimism expectations self-employment
2012/10/22
Extant evidence that the self-employed overestimate their returns by more than employees do is consistent with two mutually inclusive possibilities. Self-employment may generate optimism or optimists ...
Credit Constraints and Productive Entrepreneurship in Africa
credit constraints productive entrepreneurship employment policies
2012/10/18
Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclea...
Risk, Balanced Skills and Entrepreneurship
entrepreneurship jack-of-all-trades risk human capital occupational choice
2012/10/18
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into acco...
This paper analyses the impact of a change in Australia's immigration policy, introduced in the mid-1990s, on migrants' probability of becoming entrepreneurs. The policy change consists of stricter en...
Transitions to Entrepreneurship and Industry-Specific Barriers
entrepreneurship self-employment capital constraints transitions entry barriers business start-ups
2012/10/22
Drivers of entrepreneurial entry are investigated in this study by examining how entry into small-business ownership is shaped by industry-specific constraints. The human- and financial-capital endowm...
The Implications of Cultural Background on Labour Market Choices: The Case of Religion and Entrepreneurship
entrepreneurship self-employment religion culture Protestantism Catholicism
2012/10/22
We suggest a methodology for identifying the implications of alternative cultural and social norms embodied by religious denomination on labour market outcomes, by estimating the differential impact o...
Are the Self-Employed Really Jacks-of-All-Trades? Testing the Assumptions and Implications of Lazear's Theory of Entrepreneurship with German Data
entrepreneurship self-employed Germany
2012/10/19
Using a large representative German data set and various concepts of self-employment, this paper tests the "jack-of-all-trades" view of entrepreneurship by Lazear (AER 2004). Consistent with its theor...
Access to Justice and Entrepreneurship: Evidence from Brazil's Special Civil Tribunals
access to justice courts entrepreneurship institutions Brazil
2012/10/24
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A re...
Entrepreneurship, Economic Conditions, and the Great Recession
entrepreneurship great recession unemployment self-employment
2012/10/30
The "Great Recession" resulted in many business closings and foreclosures, but what effect did it have on business formation? On the one hand, recessions decrease potential business income and wealth,...
High-Technology Entrepreneurship in Silicon Valley
entrepreneurship high-technology Silicon Valley economic geography regional clusters
2012/10/30
The economic expansion of the late 1990s created many opportunities for business creation in Silicon Valley, but the opportunity cost of starting a business was also high during this period because of...
Personal Bankruptcy Law, Wealth and Entrepreneurship: Theory and Evidence from the Introduction of a "Fresh Start"
personal bankruptcy law insolvency entrepreneurship fresh start
2012/11/1
A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover ...
The papers in this volume represent an important development in
the study of entrepreneurship. It is clear that entrepreneurship has
something to do with culture, and it is also clear that the struc...
Explaining Cross-National Variations in Entrepreneurship:The Role of Social Protection and Political Culture
Cross-National Variations Entrepreneurship Social Protection Political Culture
2009/11/6
Among academics and policy-makers, there is increasing
recognition of the importance of a successful entrepreneurial sector to
the promotion of wealth creation and economic prosperity.
However, the...
In the 1990s entrepreneurship moved to the fore of the economic
policy agenda. Many governments, in particular in Europe, came to
see the entrepreneur as the solution to weak economic performance
a...