منابع مشابه
Experimentation and the Returns to Entrepreneurship
Previous studies have argued that entrepreneurs earn less and bear more risk than salaried workers with otherwise similar characteristics. In a simple model of entrepreneurship, I show that estimates of mean and variance of returns to entrepreneurship used by these previous studies are biased, as they fail to account for the option value of experimenting with new ideas. Using longitudinal data,...
متن کاملIncreasing Returns and the Domain of Entrepreneurship Research
The domain definition of entrepreneurship research is “in play” as the Academy of Management Entrepreneurship Division prepares to submit a revision to its 1995 Domain Statement; and as “inclusive” vs. “distinctive” adjectives characterize the debate. In this essay, I argue that the inclusiveness/distinctiveness question itself poses a false dilemma detrimental to the development of entrepreneu...
متن کاملSocial-capital mobilization and income returns to entrepreneurship: the case of return migration in rural China
Temporary labor migration in developing countries is an important urban ^ rural linkage that has a potential impact on rural development. According to the new economies of labor migration, it is often a strategy used by families with small farms to acquire investment capital for future business formation. In this paper, I argue further that human-capital accretion during migration reinforces th...
متن کاملStudying the Origins of Social Entrepreneurship: Compassion and the Role of Embedded Agency
Social entrepreneurship—the process of employing market-based methods to solve social problems—continues to grow in popularity but remains poorly understood. Researchers have justifiably expressed a growing desire to leave behind definitional debates regarding social entrepreneurship and instead focus on its antecedents and consequences. Arend’s (2013) response to our article (Miller, Grimes, M...
متن کاملEntrepreneurship and Institutions Magnus Henrekson Entrepreneurship and Institutions
In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings policies, taxation and the regul...
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ژورنال
عنوان ژورنال: Labour Economics
سال: 2011
ISSN: 0927-5371
DOI: 10.1016/j.labeco.2010.10.002