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Firm Formation with Complementarities: The Role of the Entrepreneur
Roessler, Christian; Koellinger, Philipp - Tinbergen Institute - 2009
We model the emergence of organization forms in a game between prospective entrepreneurs. Complementary roles arise endogenously in a way that admits a stable assignment of workers to firms. This contrasts with existing work on job matching, where stability typically requires workers to be...
Persistent link: https://www.econbiz.de/10005016278
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Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework
Douhan, Robin; Praag, Mirjam van - Tinbergen Institute - 2009
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/10004964455
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Is More Entrepreneurship better?
Koellinger, Philipp; Roessler, Christian - Tinbergen Institute - 2009
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10008513213
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I can't get no Satisfaction - Necessity Entrepreneurship and Procedural Utility
Block, Joern; Koellinger, Philipp - Tinbergen Institute - 2008
We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their self-reported satisfaction regarding their start-up. Our study identifies a new facet of procedural utility and offers new insights about the motivations and goals of nascent...
Persistent link: https://www.econbiz.de/10005137385
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Who Values The Status of The Entrepreneur?
Praag, Mirjam van - Tinbergen Institute - 2009
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes people’s occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...
Persistent link: https://www.econbiz.de/10005036246
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The Iberian Tigers versus The Celtic Tiger: Economic Growth Paths in an Economic History Perspective
Sequeira, Tiago Neves - EconWPA - 2003
The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the countries of the Iberian Peninsula, neutral in the conflict and ruled by dictatorial regimes, enjoyed that growth and had participated in the convergence phenomenon, Ireland,...
Persistent link: https://www.econbiz.de/10005076554
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Crescimento Econ\363mico no P\363s-guerra: os Casos de Espanha, Portugal e Irlanda
Sequeira, Tiago - EconWPA - 2002
The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the countries of the Iberian Peninsula, neutral in the conflict and ruled by dictatorial regimes, enjoyed that growth and had participated in the convergence phenomenon, Ireland,...
Persistent link: https://www.econbiz.de/10005556858
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Animal Spirits meets Creative Destruction
Francois, Patrick; Lloyd-Ellis, Huw - Centre de Recherche sur l'Emploi et les Fluctuations … - 2001
We show how a Schumpeterian process of creative destruction can induce rational, herd-behavior by entrepreneurs across diverse sectors of the economy that may look like it is fuelled by ``animal spirits''. Consequently, a multi-sector economy, in which sector-specific, productivity improvements...
Persistent link: https://www.econbiz.de/10005827165
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Growth challenges for the business services industry - international comparison and policy issues
Kox, Henk L.M. - EconWPA - 2003
national innovation systems. The study also analyses the factors behind this industry's poor productivity growth. A scenario …
Persistent link: https://www.econbiz.de/10005134465
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The contribution of business services to aggregate productivity growth
Kox, Henk L.M. - EconWPA - 2004
. The business services industry has an important role in the national innovation system and in knowledge spillovers to … other industries. The innovation contribution of business services to the rest of the economy may countervail the effect of … strengthening its role in knowledge spillovers to client industries. …
Persistent link: https://www.econbiz.de/10005412877