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Title: What Drives Entrepreneurship?
Resulting in 1 citation.
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Asoni, Andrea |
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What Drives Entrepreneurship? Working Paper, Department of Economics, University of Chicago, November 2010 Cohort(s): NLSY79 Publisher: Department of Economics, University of Chicago Keyword(s): College Education; Entrepreneurship; Intelligence Permission to reprint the abstract has not been received from the publisher. I study the effect of college education, intelligence, and self-confidence on entrepreneurship using the National Longitudinal Survey of Youth- 979. Controlling for intelligence and self- confidence I find that college education has no effect on business survival, but increases the probability of becoming an entrepreneur. Intelligence boosts business survival, even accounting for selection. Moreover smarter individuals are more likely to start incorporated firms but less likely to found unincorporated ones. Self-confidence increases the likelihood of starting a firm and has a weak positive effect on business survival. These results suggest that existing conflicting evidence on this topic is driven by the failure to effectively control for unobserved characteristics. |
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Bibliography Citation
Asoni, Andrea. "What Drives Entrepreneurship?" Working Paper, Department of Economics, University of Chicago, November 2010. |