Showing 1 - 10 of 14
This paper conducts a comprehensive study on entrepreneurship dynamics using a large longitudinal matched employer-employee dataset. We identify the transition of over 200,000 nascent business-owners and follow their survival patterns in the respective businesses using discrete time competing...
Persistent link: https://www.econbiz.de/10010842579
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
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
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
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 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
to improve the competitiveness of firms by increasing knowledge and competences applied to export market development … knowledge, no studies have yet been conducted that analyze, detail and explain which of the EPAs’ organizational characteristics … Investimento e Comércio Externo de Portugal (AICEP) emerges as an organization without any clear component of intentionality, being …
Persistent link: https://www.econbiz.de/10009292410
Entrepreneurial activities are seen as key drivers of innovation, job creation, and economic growth. Recent efforts are …
Persistent link: https://www.econbiz.de/10005031598
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
Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...
Persistent link: https://www.econbiz.de/10005125582