Which firms do the entrepreneurs come from?

Research output: Contribution to journalArticle

8 Citations (Scopus)


Entrepreneurs who found new firms tend to work as employees in small rather than large firms prior to start-up and have previous experience of entrepreneurship. We provide a model of self-selection based on heterogeneous risk preferences which can explain these stylized facts.
Original languageEnglish
Pages (from-to)1-9
JournalEconomics Bulletin
Issue number10
Publication statusPublished - 2007


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