This paper examines entrepreneurship in order to analyze, first, the degree to which the opportunity to start or own a business affects the household’s saving behavior and the implication of this behavior for the distribution of wealth and, second, the relationship between the extent of entrepreneurship in the economy and socioeconomic mobility, that is, the movement of families across wealth c...

We test the theory that personal financial resources are an important factor in becoming an entrepreneur. Using data from the Panel Study of Entrepreneurial Dynamics (PSED), we examined the role of financial resources (e.g., household income and wealth) and human capital (e.g., education, prior work and entrepreneurial experience, and influence from family/friends) on the decision to become an ...

Uncertainty is perceived as the means of removing the obstacles to growth through the activation of Knightian entrepreneurship. A dynamic stochastic model of continuous-time growth is proposed and empirically tested, including equilibrating and creative entrepreneurial activity. We find that uncertainty affects economic growth and the rate of return, and causes structural changes in portfolio s...

This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting traits generated an evolution...

kaashef is a project with the aim of talent management in entrepreneurial competencies in iran. in this project, students (children) are trained over the years in order to learn how to establish their own business in the future. this project, which has developed through collaboration of faculty of entrepreneurship of university of teheran, ministry of education and ministry of labour and social...

• Illuminate the use of digital technologies in entrepreneurial start-up settings. Iilluminate growth-oriented firms. Novel methodologies, and conceptualisations entrepreneurship.

The current analysis introduces human capital investments which – as all other investment projects – must be carried out given ex-ante uncertain returns. This return uncertainty reflects that particular ex-post ability realizations may or may not induce the possibility to engage in profitable entrepreneurial activity. Managed firms which recruit randomly while offering a certain wage-income can...