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An Innovation Policy Framework: Bridging the Gap between Industrial Dynamics and Growth

Braunerhjelm, Pontus; Henrekson, Magnus - Institutet för Näringslivsforskning (IFN) - 2015

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …

Persistent link: https://www.econbiz.de/10011118578

Immigration Policy and Entrepreneurship

Mahuteau, Stéphane; Piracha, Matloob; Tani, Massimilano; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

This paper analyses the impact of a change in Australia’s immigration policy, introduced inthe mid-1990s, on migrants’ probability of becoming entrepreneurs. The policy changeconsists of stricter entry requirements and restrictions to welfare entitlements. The resultsindicate that those who...

Persistent link: https://www.econbiz.de/10009486982

It’s the Opportunity Cost, Stupid!How Self-Employment Responds to FinancialIncentives of Return, Risk and Skew

Berkhout, Peter; Hartog, Joop; Praag, Mirjam van - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

There is no robust empirical support for the effect of financial incentives on the decision towork in self-employment rather than as a wage earner. In the literature, this is seen as apuzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee.Information on income...

Persistent link: https://www.econbiz.de/10009496228

Are the Self-Employed Really Jacks-of-All-Trades?Testing the Assumptions and Implications of Lazear’sTheory of Entrepreneurship with German Data

Lechmann, Daniel S. J.; Schnabel, Claus - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

Using a large representative German data set and various concepts of self-employment, thispaper tests the “jack-of-all-trades” view of entrepreneurship by Lazear (AER 2004).Consistent with its theoretical assumptions we find that self-employed individuals performmore tasks and that their...

Persistent link: https://www.econbiz.de/10009496229

Transitions to Entrepreneurship andIndustry-Specific Barriers

Lofstrom, Magnus; Bates, Timothy; Parker, Simon C. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011

Drivers of entrepreneurial entry are investigated in this study by examining how entry intosmall-business ownership is shaped by industry-specific constraints. The human- andfinancial-capital endowments of potential entrepreneurs entering firms in various industriesare shown to differ...

Persistent link: https://www.econbiz.de/10009522199

Compulsory Education and Jack-of-all-trades Entrepreneurs

Douhan, Robin - Institutet för Näringslivsforskning (IFN) - 2009

Can educational institutions explain occupational choice between wage employment and entrepreneurship? This paper follows Lazear's (2005) Jack-of-all-trades hypothesis according to which an individual with a more balanced set of abilities is more likely to enter into entrepreneurship. In the...

Persistent link: https://www.econbiz.de/10005025459

Intelligence, Self-confidence and Entrepreneurship

Asoni, Andrea - Institutet för Näringslivsforskning (IFN) - 2011

I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth - 1979. I find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs. Furthermore I present evidence suggesting that intelligence and...

Persistent link: https://www.econbiz.de/10009358944

Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework

Douhan, Robin; van Praag, Mirjam - Institutet för Näringslivsforskning (IFN) - 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/10004963483

Does College Education Reduce Small Business Failure?

Asoni, Andrea; Sanandaji, Tino - Institutet för Näringslivsforskning (IFN) - 2014

We estimate the effect of college education on business survival using the NLSY79. The endogeneity of both education and business ownership is accounted for by a competing risks duration model augmented with a college selection equation. Contrary to the previous literature, we fi…nd no effect...

Persistent link: https://www.econbiz.de/10011099536

Jobs Incorporated: Incorporation Status and Job Creation

Åstebro, Thomas; Tåg, Joacim - Institutet för Näringslivsforskning (IFN) - 2015

Recent research has shown that entrepreneurs who start incorporated firms are fundamentally different from entrepreneurs who start sole proprietorships. This difference suggests that incorporation status may distinguish the self-employed with no ambition to hire from entrepreneurs who plan to...

Persistent link: https://www.econbiz.de/10011196681