Successful entrepreneurship: confronting economic theory with empirical practice
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cheltenham [u.a.]
Elgar
2005
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Item Description: | Includes bibliographical references and index |
| Physical Description: | VIII, 182 S. |
| ISBN: | 1843761610 |
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| 245 | 1 | 0 | |a Successful entrepreneurship |b confronting economic theory with empirical practice |c C. Mirjam van Praag |
| 264 | 1 | |a Cheltenham [u.a.] |b Elgar |c 2005 | |
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| 650 | 4 | |a Succès dans les affaires | |
| 650 | 4 | |a Success in business | |
| 650 | 4 | |a Entrepreneurship | |
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Record in the Search Index
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| adam_text | Contents
List of figures vi
List of tables vii
Acknowledgements viii
PART I INTRODUCTION
1 Introduction: successful entrepreneurship 3
2 Some classic views on entrepreneurship 11
PART II ENTREPRENEURSHIP SELECTION/VENTURE
START UPS
3 Willingness and opportunity to start up as an entrepreneur 37
4 Risk aversion and the choice for entrepreneurship 59
PART III ENTREPRENEURSHIP SUCCESS/VENTURE
PERFORMANCE
5 Entrepreneurship selection and labour demand 71
6 Survival and success of entrepreneurs 89
PART IV ENTREPRENEURSHIP SUCCESS/VENTURE
PERFORMANCE: HUMAN AND FINANCIAL
CAPITAL
7 Human capital 115
8 Financial capital 130
PART V CONCLUSIONS
9 Summary, conclusions and policy recommendations 147
Bibliography 69
Index 177
v
Figures
3.1 Distribution of observations by imputed opportunity and
willingness 50
6.1 Parametric estimate of the aggregate hazard rate 106
6.2 Parametric estimate of the compulsory hazard rate 107
6.3 Parametric estimate of the voluntary hazard rate 108
7.1 Example of how a non constant RTE could lead to an
alternative (selectivity related) explanation for the finding that
the RTE are higher for entrepreneurs 124
7.2 Example of how a non constant income risk (in education)
could explain higher RTE for entrepreneurs 126
vi
Tables
2.1 Empirically testable parts of the six entrepreneurship theories 31
2.2 Translating theoretical into empirical determinants of
successful entrepreneurship 32
3.1 Self employment and switches in the NLSY79 42
3.2 Origins of pooled data 43
3.3 Switchers before and after the switch 44
3.4 Estimation results: bivariate probit 47
3.5 Estimated percentages in each of the quadrants in Figure 3.1 51
3.6 Estimation results: univariate probit 51
3.7 Simulated probabilities of becoming self employed 53
3A.1 Definition of the variables selected 55
3A.2 Descriptive statistics 55
3A.3 Estimation results of the saturated model: bivariate probit 56
4.1 Descriptive statistics 64
4.2 Probit analysis of entrepreneurship 65
4A. 1 Frequency distribution of reservation prices 66
5.1 Frequency distribution of reported firm sizes 79
5.2 Estimates of the structural model 82
5A. 1 Estimation results of a reduced form Tobit model 87
6.1 Predicted sign of y, the hazard rate, given the signs of PS£
and p,f 93
6.2 Summary of existing evidence on (3,f, Ps£, 3OFand 7 94
6.3 Estimation results of the hazard model of self employment 100
6.4 Predicted business durations 109
7.1 Determinants of income for entrepreneurs and employees
(1979 2000) 121
7A. 1 Estimation results from the first stage education equation
(OLS) 128
8.1 Effect of financial capital on performance 132
8.2 Estimation results: capital constraints and profits 139
8.3 Estimation results: capital constraints and duration 141
9.1 Key research results 150
vii
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| id | DE-604.BV019937443 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T20:08:45Z |
| institution | BVB |
| isbn | 1843761610 |
| language | English |
| lccn | 2005040131 |
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| physical | VIII, 182 S. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | Elgar |
| record_format | marc |
| spelling | Praag, Mirjam van 1967- Verfasser (DE-588)132199114 aut Successful entrepreneurship confronting economic theory with empirical practice C. Mirjam van Praag Cheltenham [u.a.] Elgar 2005 VIII, 182 S. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index Entrepreneuriat Succès dans les affaires Success in business Entrepreneurship Unternehmensgründung (DE-588)4078599-3 gnd rswk-swf Unternehmenserfolg (DE-588)4223768-3 gnd rswk-swf Unternehmensgründung (DE-588)4078599-3 s Unternehmenserfolg (DE-588)4223768-3 s b DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013224908&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Praag, Mirjam van 1967- Successful entrepreneurship confronting economic theory with empirical practice Entrepreneuriat Succès dans les affaires Success in business Entrepreneurship Unternehmensgründung (DE-588)4078599-3 gnd Unternehmenserfolg (DE-588)4223768-3 gnd |
| subject_GND | (DE-588)4078599-3 (DE-588)4223768-3 |
| title | Successful entrepreneurship confronting economic theory with empirical practice |
| title_auth | Successful entrepreneurship confronting economic theory with empirical practice |
| title_exact_search | Successful entrepreneurship confronting economic theory with empirical practice |
| title_full | Successful entrepreneurship confronting economic theory with empirical practice C. Mirjam van Praag |
| title_fullStr | Successful entrepreneurship confronting economic theory with empirical practice C. Mirjam van Praag |
| title_full_unstemmed | Successful entrepreneurship confronting economic theory with empirical practice C. Mirjam van Praag |
| title_short | Successful entrepreneurship |
| title_sort | successful entrepreneurship confronting economic theory with empirical practice |
| title_sub | confronting economic theory with empirical practice |
| topic | Entrepreneuriat Succès dans les affaires Success in business Entrepreneurship Unternehmensgründung (DE-588)4078599-3 gnd Unternehmenserfolg (DE-588)4223768-3 gnd |
| topic_facet | Entrepreneuriat Succès dans les affaires Success in business Entrepreneurship Unternehmensgründung Unternehmenserfolg |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013224908&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT praagmirjamvan successfulentrepreneurshipconfrontingeconomictheorywithempiricalpractice |