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The Knowledge Spillover Theory of Entrepreneurship
Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2005
entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …
Persistent link: https://www.econbiz.de/10005067475
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The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth
Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2004
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …
Persistent link: https://www.econbiz.de/10005504210
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Keeping it simple: financial literacy and rules of thumb
Drexler, Alejandro; Fischer, Gregory; Schoar, Antoinette - London School of Economics (LSE) - 2010
Individuals and business owners engage in an increasingly complex array of financial decisions that are critical for their success and well-being. Yet a growing literature documents that in both developed and developing countries, a large fraction of the population is unprepared to make these...
Persistent link: https://www.econbiz.de/10010884647
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Are the self-employed really jacks-of-all-trades? Testing the assumptions and implications of Lazear's theory of entrepreneurship with German data
Lechmann, Daniel S. J.; Schnabel, Claus - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2011
Using a large representative German data set and various concepts of self-employment, this paper tests the jack-of-all-trades view of entrepreneurship by Lazear (AER 2004). Consistent with its theoretical assumptions we find that self-employed individuals perform more tasks and that their work...
Persistent link: https://www.econbiz.de/10009372220
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Are the self-employed really jacks-of-all-trades? Testing the assumptions and implications of Lazear's theory of entrepreneurship with German data
Lechmann, Daniel S. J.; Schnabel, Claus - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2011
Using a large representative German data set and various concepts of self-employment, this paper tests the 'jack-of-all-trades' view of entrepreneurship by Lazear (AER 2004). Consistent with its theoretical assumptions we find that self-employed individuals perform more tasks and that their work...
Persistent link: https://www.econbiz.de/10009646432
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Trade and Entrepreneurship with Heterogeneous Workers
Oyama, Daisuke; Sato, Yasuhiro; Tabuchi, Takatoshi; … - C.E.P.R. Discussion Papers - 2007
This paper investigates the impacts of progressive trade openness, technological externalities, and heterogeneity of individuals on the formation of entrepreneurship in a two-country occupation choice model. We show that trade opening gives rise to a non-monotonic process of international...
Persistent link: https://www.econbiz.de/10005662268
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Distance to Which Frontier? Evidence on Productivity Convergence from International Firm-level Data
Bartelsman, Eric J; Haskel, Jonathan; Martin, Ralf - C.E.P.R. Discussion Papers - 2008
towards the global frontier country, perhaps due to learning and knowledge spillovers. More recently, studies within countries … are able to benefit from domestic knowledge. …
Persistent link: https://www.econbiz.de/10005123710
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Renascent Men or Entrepreneurship as a One-Night Stand: Entrepreneurial Intentions Subsequent to Firm Exit
Audretsch, David B; Meijaard, Joris; Stam, Erik - C.E.P.R. Discussion Papers - 2005
While a large literature has emerged focusing on nascent entrepreneurship, the propensity for ex-entrepreneurs to consider re-entering into entrepreneurship, or what we term here as renascent entrepreneurship, has been generally overlooked. According to the theory of selection and passive...
Persistent link: https://www.econbiz.de/10005124242
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What Makes an Entrepreneur and Does it Pay? Native Men, Turks and Other Migrants in Germany
Constant, Amelie; Shachmurove, Yochanan; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2004
This Paper focuses on the entrepreneurial endeavors of immigrants and natives in Germany. We pay closer attention to Turks, since they are the largest immigrant group with a strong entrepreneurial tradition; self-employed Turks in Germany represent about 70% of all Turkish entrepreneurs in the...
Persistent link: https://www.econbiz.de/10005497816
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Keeping it Simple: Financial Literacy and Rules of Thumb
Drexler, Alejandro; Fischer, Greg; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2010
Individuals and business owners engage in an increasingly complex array of financial decisions that are critical for their success and well-being. Yet a growing literature documents that in both developed and developing countries, a large fraction of the population is unprepared to make these...
Persistent link: https://www.econbiz.de/10008611017