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Necessity and Opportunity Entrepreneurs through the Business Cycle

Thompson, Peter - Department of Economics, Florida International University - 2011

We construct a simple model of occupational choice among agents with differing abilities. The fraction of agents creating new businesses who are low ability rises during recessions. Thus, cohorts born during recessions are on average lower quality: their businesses yield lower initial earnings,...

Persistent link: https://www.econbiz.de/10010842959

Entrepreneurs: Jacks of all Trades or Hobos?

Astebro, Thomas; Thompson, Peter - Department of Economics, Florida International University - 2007

Human capital investment theory suggests that entrepreneurs should be generalists, while those who work for others should be specialists; it also predicts higher incomes for entrepreneurs with generalist skills. An alternative view predicts that those with greater taste for variety are more...

Persistent link: https://www.econbiz.de/10005190289

A consumption-based measure of the monetary rewards to entrepreneurship

Krichevskiy, Dmitriy - Department of Economics, Florida International University - 2010

Recent findings by Hamilton (Journal of Political Economy, 2000) suggest that the self-employed do not receive a monetary premium for the risk and uncertainty associated with business ownership. In this paper, I show that that income underreporting by entrepreneurs can explain the lack of...

Persistent link: https://www.econbiz.de/10008764790

Knowledge and Structure

Fioretti, Guido - EconWPA - 2002

This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction … costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of …

Persistent link: https://www.econbiz.de/10005561473

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

Crescimento Econ\363mico no P\363s-guerra: os Casos de Espanha, Portugal e Irlanda

Sequeira, Tiago - EconWPA - 2002

Persistent link: https://www.econbiz.de/10005556858

A Theoretical Analysis of the Role of Social Networks in Entrepreneurship

Leyden, Dennis Patrick; Link, Albert N.; Siegel, Donald S. - Economics Department, Bryan School of Business and Economics - 2013

Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … importance of social networks in promoting innovation and reducing uncertainty. Our findings suggest that this “social” aspect of …

Persistent link: https://www.econbiz.de/10010990965

Public Gains from Entrepreneurial Research: Inferences about the Economic Value of Public Support of the Small Business Innovation Research Program

Allen, Stuart Douglas; Layson, Stephen K.; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2012

This paper presents a systematic analysis of the net economic benefits associated with the Small Business Innovation … infer from these calculations, and from general knowledge about the ability of SBIR-funded firms to exploit their monopoly …

Persistent link: https://www.econbiz.de/10009650904

Employment Growth from Public Support of Innovation in Small Firms

Link, Albert N.; Scott, John Troy - Economics Department, Bryan School of Business and Economics - 2011

We investigate the impacts of the U.S. publicly-funded Small Business Innovation Research (SBIR) program’s funding on …

Persistent link: https://www.econbiz.de/10009351114

Regional Appropriation of University-Based Knowledge and Technology for Economic Development

Audretsch, David B.; Leyden, Dennis Patrick; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2012

development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on … demand for university-based knowledge and university-developed technology. We identify links between businesses and the … university as a key conduit facilitating the spillover of knowledge using data on the Department of Energy’s Small Business …

Persistent link: https://www.econbiz.de/10009650262