Showing 1 - 10 of 34
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …
Persistent link: https://www.econbiz.de/10011118578
Can educational institutions explain occupational choice between wage employment and entrepreneurship? This paper follows Lazear's (2005) Jack-of-all-trades hypothesis according to which an individual with a more balanced set of abilities is more likely to enter into entrepreneurship. In the...
Persistent link: https://www.econbiz.de/10005025459
I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth - 1979. I find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs. Furthermore I present evidence suggesting that intelligence and...
Persistent link: https://www.econbiz.de/10009358944
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10004963483
We estimate the effect of college education on business survival using the NLSY79. The endogeneity of both education and business ownership is accounted for by a competing risks duration model augmented with a college selection equation. Contrary to the previous literature, we fi…nd no effect...
Persistent link: https://www.econbiz.de/10011099536
Recent research has shown that entrepreneurs who start incorporated firms are fundamentally different from entrepreneurs who start sole proprietorships. This difference suggests that incorporation status may distinguish the self-employed with no ambition to hire from entrepreneurs who plan to...
Persistent link: https://www.econbiz.de/10011196681
growth. In contrast, we find that HGFs are overrepresented in knowledge-intensive service industries, i.e., service …
Persistent link: https://www.econbiz.de/10011211884
entrepreneurial effort, entrepre-neurial innovation and capital investment. Because of these constraints, the entrepreneurial project …
Persistent link: https://www.econbiz.de/10005082489
sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward …
Persistent link: https://www.econbiz.de/10005025461
growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …
Persistent link: https://www.econbiz.de/10009399312