Homo Entreprenaurus?

Roope Uusitalo

No 205, Discussion Papers from VATT Institute for Economic Research

Abstract: This paper examines the determinants of self-employment and transitions from wage work to self-employment using two sets of Finnish data from the 1990?s. The results show that capital constraints have only a minor effect on new business starts. Human capital, in the form of intergenerational links in self-employment and psychological factors play a much larger role. The paper also provides empirical evidence that less risk-aversive workers are more likely to become entrepreneurs.

Keywords: Entrepreneurship, credit constraints, personality tests, Economic growth, Taloudellinen kasvu, Labour market, Työmarkkinat, Labor market and policies promoting economic growth, Työmarkkinat ja kasvua tukeva politiikka, D100 - Household Behavior: General, J230 - Employment Determination; Job Creation; Demand for Labor; Self-Employment, M130 - Entrepreneurship (New Firms; Startups), O100 - Economic Development: General, (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (6)

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