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dc.contributor.authorGrilo, Isabelen_US
dc.contributor.authorThurik, A. Royen_US
dc.date.accessioned2009-01-28T16:10:20Z-
dc.date.available2009-01-28T16:10:20Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/20019-
dc.description.abstractA multinomial logit model and survey data from the 25 EU member states and the US are used to establish the effect of demographic and other variables on various entrepreneurial engagement levels. These engagement levels range from "never thought about starting a business" to "thinking about it", "taking steps for starting up", "having a young business", "having an older business" and "no longer being an entrepreneur". Data of the 2004 Entrepreneurship Flash Eurobarometer survey containing over 13,500 ob-servations is used. Other than demographic variables such as gender, age, education level and whether par-ents are self-employed, the set of explanatory variables used includes country specific effects, measures of risk tolerance, internal and external locus of control and four perceptions of 'obstacles'. The 'obstacle' vari-ables include the perception by respondents of administrative complexities, of availability of financial sup-port, of accessibility of information for start-up and whether the current economic climate is favorable. Among the four perception variables only administrative complexities displays an unambiguous obstacle profile in that its presence has a significant negative impact on higher entrepreneurial engagement levels. Country effects suggest a clear underperformance of Europe relative to the US in less mature entrepreneu-rial phases.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesPapers on entrepreneurship, growth and public policy 2905en_US
dc.subject.jelJ23en_US
dc.subject.jelH10en_US
dc.subject.jelM13en_US
dc.subject.jelR12en_US
dc.subject.ddc330en_US
dc.subject.keyworddterminants of entrepreneurshipen_US
dc.subject.keywordnascent entrepreneurshipen_US
dc.subject.keywordmultinominal logiten_US
dc.subject.keywordbarries to entryen_US
dc.subject.keywordEuropeen_US
dc.subject.stwUnternehmeren_US
dc.subject.stwUnternehmensgründungen_US
dc.subject.stwMarkteintritten_US
dc.subject.stwSchätzungen_US
dc.subject.stwEU-Staatenen_US
dc.titleEntrepreneurial engagement levels in the European Unionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn501308687en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik

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