Artikel
Entrepreneurship and the business cycle
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.
- Sprache
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Englisch
- Erschienen in
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2014 ; Bonn: Institute for the Study of Labor (IZA)
- Klassifikation
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Wirtschaft
Business Fluctuations; Cycles
Entrepreneurship
- Thema
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entrepreneurship
business cycle
precyclicality
nascent entrepreneurship
- Ereignis
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Geistige Schöpfung
- (wer)
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Thurik, Roy
- Ereignis
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Veröffentlichung
- (wer)
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Institute for the Study of Labor (IZA)
- (wo)
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Bonn
- (wann)
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2014
- DOI
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doi:10.15185/izawol.90
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Thurik, Roy
- Institute for the Study of Labor (IZA)
Entstanden
- 2014