Author: Ousman Gajigo
Publisher:
ISBN:
Category :
Languages : en
Pages : 256

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Author: Pierre Nguimkeu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
How much do financial constraints delay entrepreneurship and how much do they cost households in terms of foregone welfare and implied inequality in countries with large informal sectors and poorly developed financial markets? I use a dynamic occupational choice model with credit constraints to empirically study the role of financial frictions in delaying micro-entrepreneurship in such countries. The main prediction of the model is that individuals with low entrepreneurial talent remain in subsistence work whereas those with higher entrepreneurial talent and low collateral have to delay their entry decision but may eventually become entrepreneurs if their initial wealth and future savings allow them to escape from poverty traps. The model is estimated and tested using both reduced-form survival analysis and structural maximum likelihood methods with data from Cameroon. Ifind that prospective entrepreneurs would need to work for an average of 7.1 years as subsisters to accumulate the minimum savings required to start their microenterprise. Among the potential entrepreneurs about 53% are subsisters implying a missing proportion of entrepreneurs of 10.9% of households among which more than32% have wealth below their estimated poverty traps. Counterfactual simulations of a credit access policy using the estimated model show that a high-talent median-wealth household's permanent consumption would increase by 30% should credit constraints be removed completely. Relaxing the collateral constraint can eliminate delays to entry, double the fraction of entrepreneurs while reducing inequality by at least 6.4 percentage points in the Cameroon's Gini index.

Author: Jana Bruder
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: OECD
Publisher: OECD Publishing
ISBN: 9264095837
Category :
Languages : en
Pages : 315

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Book Description
Taking a cross-country perspective, this publication sheds light on migrant entrepreneurship, discussing policy options to foster the development and success of migrant businesses.

Author: Mosquera, Selma
Publisher: IGI Global
ISBN: 1799829278
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
Interest in the field of entrepreneurship is at an all-time high; coincidentally, migration is increasingly changing the landscape of employment. Many migrants find themselves facing challenges that entrepreneurial skills can help overcome. However, little remains explored within adult migrant education, especially within enterprises. Multidisciplinary Approach to Entrepreneurship Education for Migrants is a pivotal reference source that examines the most effective methods for teaching migrants vital venture capital skills and ensuring they have the tools necessary for leading business ventures. The book contributes to the development of literature and practices in areas related to both migrant entrepreneurship and entrepreneurial education by presenting conceptual approaches, methods, and educational perspectives that go beyond pedagogy to involve andragogy and heutagogy. Highlighting such topics as local development, self-employment, and teaching-learning methodologies, it is ideally designed for entrepreneurs, educators, trainers, human resources professionals, policymakers, government officials, researchers, academicians, and students.

Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 498

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Author: Jan Rath (Editor of this Special Issue)
Publisher: ACIDI, I.P.
ISBN:
Category : Social Science
Languages : en
Pages : 287

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Book Description
This Special Issue aims to provide an extensive mapping of policies in the promotion of ethnic entrepreneurship in a number of countries. It is motivated by the desire of national and municipal Governments to create an environment conducive to setting up and developing SMEs in general and immigrant businesses in particular. Furthermore it also highlights how the third sector has also had a crucial role in the reinforcement of immigrant entrepreneurship, and provides indications of how best to address this issue at a Governmental level in the future.

Author: George Saridakis
Publisher: Edward Elgar Publishing
ISBN: 1786430967
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
This Handbook will be an invaluable original reference tool for both researchers and students embarking on a new research project. It will be useful both for those who are using quantitative data for the first time and for more experienced researchers who are interested in new quantitative techniques and methods.

Author: Curt H. Stiles
Publisher: Elsevier
ISBN: 9780762310333
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
Fourth in the series International Research in the Business Disciplines, the papers in this volume provide a survey of the nature and scope of entrepreneurship within ethnic groups. The contributors address the role of ethnic entrepreneurship in shaping the structure of modern economies.

Author: Milo Bianchi
Publisher:
ISBN: 9789292301897
Category :
Languages : en
Pages :

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Book Description
In this paper, we formalize the view that economic development requires high rates of productive entrepreneurship, and this requires an efficient matching between entrepreneurial talent and production technologies. We first explore the role of financial development in promoting such efficient allocation of talent, which results in higher production, job creation and social mobility. We then show how different levels of financial development may endogenously arise in a setting in which financial constraints depend on individual incentives to misbehave, these incentives depend on how many jobs are available, and this in turn depends on the level of financial development. Such complementarity between labour market and financial market development may generate highly divergent development paths even for countries with very similar initial conditions. -- credit constraints ; allocation of entrepreneurial talent ; productive and unproductive entrepreneurs ; economic development