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 are 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. Copyright 1995 by WWZ and Helbing & Lichtenhahn Verlag AG
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Article provided by Blackwell Publishing in its journal Kyklos.
Volume (Year): 48 (1995) Issue (Month): 4 () Pages: 513-40 Download reference. The following formats are available: HTML,
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Grilo, I. & Thurik, A.R., 2004.
"Determinants Of Entrepreneurship In Europe,"
Research Paper
ERS-2004-106-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
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