Determinants of willingness and opportunity to start as an entrepreneur
| Authors |
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| Publication date |
1995
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| Journal |
Kyklos
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| Volume | Issue number |
48
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| Pages (from-to) |
513-540
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| Number of pages |
28
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| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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| Abstract |
This paper develops an empirical model to separate the unobserved factors of ‘opportunity' and ‘willingness’ in the decision of labor force participants to become self-employed or not. The estimation results suggest that the majority of young Americans is willing to switch to self-employment but that opportunity is a major constraint, especially through finance. Entrepreneurial ability aspects that can compensate for a lack of capital are scarce.
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| Document type |
Article
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| Published at |
https://doi.org/10.1111/j.1467-6435.1995.tb01282.x
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