Determinants of willingness and opportunity to start as an entrepreneur
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| Publication date | 1995 |
| Journal | Kyklos |
| Volume | Issue number | 48 |
| Pages (from-to) | 513-540 |
| Number of pages | 28 |
| Organisations |
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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. |
| Document type | Article |
| Published at |
https://doi.org/10.1111/j.1467-6435.1995.tb01282.x
(Final published version)
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| Permalink to this page | |
