Entrepreneurship: the role of extreme events

Tilman Brück; Fernanda Llussá; José Tavares

doi:10.1016/j.ejpoleco.2011.08.002

Entrepreneurship: the role of extreme events

Tilman Brück, Fernanda Llussá, José Tavares

Research output: Contribution to journal › Article › peer-review

49 Citations (Scopus)

Abstract

We use aggregate country data as well as individual level survey to uncover, for the first time, the effect of extreme events such as natural disasters and terrorist attacks on entrepreneurial activity. We find that natural disasters and terrorist attacks influence individual perceptions of the rewards to entrepreneurship and, more surprisingly, extreme events affect entrepreneurship rates positively in a robust and significant way.

Original language	English
Pages (from-to)	S78-S88
Journal	European Journal Of Political Economy
Volume	27
Issue number	SUPPL. 1
DOIs	https://doi.org/10.1016/j.ejpoleco.2011.08.002
Publication status	Published - Dec 2011

Keywords

Entrepreneurship
Extreme events
Natural disasters
Perceptions
Terrorism

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.ejpoleco.2011.08.002

Cite this

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title = "Entrepreneurship: the role of extreme events",

abstract = "We use aggregate country data as well as individual level survey to uncover, for the first time, the effect of extreme events such as natural disasters and terrorist attacks on entrepreneurial activity. We find that natural disasters and terrorist attacks influence individual perceptions of the rewards to entrepreneurship and, more surprisingly, extreme events affect entrepreneurship rates positively in a robust and significant way.",

keywords = "Entrepreneurship, Extreme events, Natural disasters, Perceptions, Terrorism",

author = "Tilman Br{\"u}ck and Fernanda Lluss{\'a} and Jos{\'e} Tavares",

note = "Tilman Br{\"u}ck gratefully acknowledges support from the European Union Seventh Framework Programme under grant agreement n°218105 (EUSECON). Fernanda Lluss{\'a} and Jos{\'e} Tavares would like to thank the Funda{\c c}{\~a}o para Ci{\^e}ncia e Tecnologia for financial support. Tavares thanks Nova Forum for financial support.",

year = "2011",

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language = "English",

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T2 - the role of extreme events

AU - Brück, Tilman

AU - Llussá, Fernanda

AU - Tavares, José

N1 - Tilman Brück gratefully acknowledges support from the European Union Seventh Framework Programme under grant agreement n°218105 (EUSECON). Fernanda Llussá and José Tavares would like to thank the Fundação para Ciência e Tecnologia for financial support. Tavares thanks Nova Forum for financial support.

PY - 2011/12

Y1 - 2011/12

N2 - We use aggregate country data as well as individual level survey to uncover, for the first time, the effect of extreme events such as natural disasters and terrorist attacks on entrepreneurial activity. We find that natural disasters and terrorist attacks influence individual perceptions of the rewards to entrepreneurship and, more surprisingly, extreme events affect entrepreneurship rates positively in a robust and significant way.

AB - We use aggregate country data as well as individual level survey to uncover, for the first time, the effect of extreme events such as natural disasters and terrorist attacks on entrepreneurial activity. We find that natural disasters and terrorist attacks influence individual perceptions of the rewards to entrepreneurship and, more surprisingly, extreme events affect entrepreneurship rates positively in a robust and significant way.

KW - Entrepreneurship

KW - Extreme events

KW - Natural disasters

KW - Perceptions

KW - Terrorism

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U2 - 10.1016/j.ejpoleco.2011.08.002

DO - 10.1016/j.ejpoleco.2011.08.002

M3 - Article

AN - SCOPUS:81955167939

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VL - 27

SP - S78-S88

JO - European Journal Of Political Economy

JF - European Journal Of Political Economy

IS - SUPPL. 1

ER -

Entrepreneurship: the role of extreme events

Abstract

Keywords

UN SDGs

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