'...there is much of interest here...This is an excellent
collection of empirical essays on issues of interest to
entrepreneurship economists. In particular, post-graduate students
will find it a source of inspiration and an object lesson in the
many challenges faced in modelling abstruse concepts, using real
world data...this will be an important reference book for
researchers and students. I wish I had been clever enough to write
it and I am sure to revisit it.' - Mark Freel, International Small
Business Journal. 'In this compelling volume, Professor van Praag
brings together the fruits of her work on entrepreneurial
performance. The book is packed full of insights and is bound to
edify the reader. Its rigour and focus would make it well suited
for adoption in postgraduate courses on the economics of
entrepreneurship.' - Simon Parker, Durham University, UK. 'This is
an impressive study. It blends theory and evidence to provide
answers to one of the biggest questions of our time: what makes and
shapes successful entrepreneurs? This book is beautifully crafted
and is a must-read for entrepreneurship researchers, applied
economists, and a wide range of policymakers. I liked especially
the mix of sophisticated statistical analysis and down-to-earth
common sense.' - Andrew Oswald, University of Warwick, UK. Higher
employment, economic growth and innovation are fundamental
objectives of modern economies. One effective means of attaining
these goals is the development of successful entrepreneurs, and
this book aims to provide a deeper, research-based understanding of
the factors influencing successful entrepreneurship. Mirjam van
Praag compares and contrasts the economic theory of
entrepreneurship with determinants of successful entrepreneurship
derived from empirical evidence, in an attempt to discover what
makes for an accomplished entrepreneur. The author's
state-of-the-art historical, theoretical and empirical research on
successful entrepreneurship - all from an explicit economic
perspective - comprehensively addresses questions such as: 'What
are the factors that influence individuals' decisions to start a
business venture as opposed to working as an employee?' and 'What
are the individual characteristics that make one successful as an
entrepreneur?' thereby supporting or dispelling various existing
myths. Individual factors contributing to the success of
entrepreneurs that are considered include, amongst others, human
capital, financial capital and psychological traits. The importance
of such factors for the various phases of entrepreneurship,
including start-up, delivery and performance is also measured.
Providing recommendations that aim to promote successful
entrepreneurship, this unique book will be of great importance to a
wide-ranging audience, including academics with an interest in
economics, social science and business studies. Policymakers,
capital suppliers, business consultants and trainers and, of
course, potential entrepreneurs themselves will also find the book
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