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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

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

Fiscal Policy and Labor Markets at Times of Public Debt

Bertola, Giuseppe - C.E.P.R. Discussion Papers - 2010

This paper explores the empirical relevance of public debt accumulation for labor market institutions and outcomes. In theory, since debt service obligations act as a constraint on policy choices, past debt accumulation and current interest rates should influence reform incentives and labor...

Persistent link: https://www.econbiz.de/10008684674

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

Controversies about the Rise in American Inequality: A Survey

Dew-Becker, Ian; Gordon, Robert J - C.E.P.R. Discussion Papers - 2008

This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...

Persistent link: https://www.econbiz.de/10005123580

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

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

The Dynamics of Exclusion and Fiscal Conservatism

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature, inequality will then be associated with less, rather...

Persistent link: https://www.econbiz.de/10005136638

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

Keeping it Simple: Financial Literacy and Rules of Thumb

Drexler, Alejandro; Fischer, Greg; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2010

Persistent link: https://www.econbiz.de/10008611017