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Autor:innen: 
Erscheinungsjahr: 
2014
Quellenangabe: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 90 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2014
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
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.
Schlagwörter: 
entrepreneurship
business cycle
precyclicality
nascent entrepreneurship
JEL: 
E32
L26
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
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