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The entrepreneurial decision: theories, determinants and constraints

The pervasiveness of the entrepreneurial phenomenon attracts the attention on the determinants of the decision of becoming entrepreneur. As the entrepreneurial decision can be additionally conceived as firm entry, as a real business investment in the creation of a new business and as a career choice in favour of self-employment, the literature about entrepreneurship is integrated with industrial organization, financial economics and labour economics approaches to identify contextual and personal determinants. Finally, an analysis of the constraints that limit the entrepreneurial decision is carried out.

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Paper provided by Cattaneo University (LIUC) in its series LIUC Papers in Economics with number 207.

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Length: 28 pages
Date of creation: Feb 2008
Date of revision:
Handle: RePEc:liu:liucec:207
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  19. Christophe Chamley, 1981. "Entrepreneurial Abilities and Liabilities in a Model of Self-Selection," Cowles Foundation Discussion Papers 580, Cowles Foundation for Research in Economics, Yale University.
  20. Dixit, Avinash K, 1989. "Entry and Exit Decisions under Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 97(3), pages 620-38, June.
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  45. repec:fiu:wpaper:0503 is not listed on IDEAS
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