Simeon Djankov, Yingyi Qian, Gérard Roland and Ekaterina Zhuravskaya:
...find that family characteristics have the strongest influence on becoming an entrepreneur. In contrast, success as an entrepreneur is primarily determined by the individual’s smartness and higher education in the family. Entrepreneurs are not more self-confident than non-entrepreneurs; and overconfidence is bad for business success.-BID Network
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