 Evolution of Entrepreneurship in Japan: Analysis of its Changing Sub-systemChapter Chapter 12 in The Entrepreneur in Rule-Based Economics, 2017, pp 131-145 from Springer Abstract: Abstract We document results of hypothesis testing for the determinants of entrepreneurial attitudes, as well as for latent and actual entrepreneurship in Japan from 1992 to 2012. For entrepreneurial attitudes we find both, the rule of Business Sentiment in the self-employed subgroup and the rule Fear of Unemployment in the dependently employed subgroup since 1998, with significant negative influence. We further identify a significant impact of smaller families via the 2nd order social rule of Filial Piety as well as a negative influence of Perceived Cost of Capital (nominal interest rates). For latent entrepreneurship we evidence a push hypothesis for two subgroups: dependently employed (via business sentiment) and economically inactive (via the job-to-applicant ratio). The same finding also holds for actual entrepreneurship in the dependently employed subgroup. Filial Piety again has a negative impact on latent and actual entrepreneurship in both subgroups as evidenced from a significant negative impact of cohabitation ratios. These results are robust even after controlling for urban–rural differences and labour market structure. Date: 2017 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:eccchp:978-3-319-62779-3_12 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-62779-3_12 Access Statistics for this chapter More chapters in Economic Complexity and Evolution from Springer |
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