Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125323
Authors: 
Thurik, Roy
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2014 [Issue:] 90
Abstract: 
Entrepreneurship has a cyclical component, raising two questions. Is the entrepreneurship cycle related to the business cycle? And is there causality? A two-way relationship between entrepreneurship and the business cycle would be in line with the two faces of entrepreneurs: as agents of change creating upswings (opportunity entrepreneurship) and as rational actors escaping unemployment by setting up a business (necessity entrepreneurship). Nascent entrepreneurship can indeed be precyclical, implying that the two faces of entrepreneurship also show up in the business cycle, with promising policy implications.
Subjects: 
entrepreneurship
business cycle
precyclicality
nascent entrepreneurship
JEL: 
E32
L26
Persistent Identifier of the first edition: 
Document Type: 
Article

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