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that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10005864522
economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the … that ambitious entrepreneurship contributes more strongly to macro-economic growth than entrepreneurial activity in general …. We find a particularly strong effect of high-expectation entrepreneurship for transition countries. These results are …
Persistent link: https://www.econbiz.de/10005864588
This study utilizes a human capital framework to explore whether business ownership experience is associated with the number of business opportunities identified, the number of identified opportunities that are pursued, and the nature of those opportunities...
Persistent link: https://www.econbiz.de/10005864964
Why should individuals that have exited their firm consider re-entering into entrepreneurship, i.e. become renascent … entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship …
Persistent link: https://www.econbiz.de/10005864967
This paper investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure...
Persistent link: https://www.econbiz.de/10005864971
the cases of spin-offs and habitual entrepreneurs. The subject of unemployment-driven entrepreneurship is also explored …
Persistent link: https://www.econbiz.de/10005864534
This paper argues that globalization has led to a shift in developed countries from an industrial to an entrepreneurial model of production. Globalization is interpreted as a level shock in the supply of unskilled labor to the world economy, a decrease in the level of political risk associated...
Persistent link: https://www.econbiz.de/10005864591
We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode...
Persistent link: https://www.econbiz.de/10005864732
It is a widely held perception, although empirically contentious, that credit rationing is an important phenomenon in the UK small business sector. In response to this perception the UK government initiated a loan guarantee scheme (SFLGS) in 1981. In this paper we use a unique dataset comprised...
Persistent link: https://www.econbiz.de/10005835669
Employing a large dataset regarding venture capital investments in US Internet firms, we analyze the effect of the current financial crisis on the venture capital market. Using regression analysis, we find that the financial crisis led to a 20% decrease in the average amount of funds raised per...
Persistent link: https://www.econbiz.de/10005836075