Showing 1 - 10 of 16
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/10011255927
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/10011256183
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/10011256430
We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among heterogeneousagents. Unique to our approach is that occupational choices, jobmatching and organizational forms are determined simultaneously, sothat the opportunity costs of...
Persistent link: https://www.econbiz.de/10011256953
estimated likelihood and willingness to become an entrepreneur. See also the 'Handbook of Innovation and Entrepreneurship …
Persistent link: https://www.econbiz.de/10011257338
"The economies of small developing states tend to be more fragile than those of large ones. This paper examines this issue in a dynamic context by focusing on the impact of the brain drain on North-South trade-related technology diffusion and total factor productivity growth in small and large...
Persistent link: https://www.econbiz.de/10011394122
"Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. The authors …
Persistent link: https://www.econbiz.de/10011394228
the empirical relationship between economic development and (1) inside-the-frontier-innovation as reflected by the …-the-frontier innovation as reflected in patents. The data suggest, unsurprisingly, that inside-the-frontier innovation is more common among … changes in the industrial composition of exports. The authors use a simple model of innovation and imitation to test the …
Persistent link: https://www.econbiz.de/10010522188
not feel pressure (Carlin and others 2001; World Bank 2004). However, competition also appears to affect innovation in … of competition and, consequently, assesses their net impact on innovation. He finds that reducing tariffs and enacting … and enforcing competition laws modestly increases both the pressure that firms feel regarding innovation and the level of …
Persistent link: https://www.econbiz.de/10010522727
developing countries. Section two examines examples of innovation in the private insurance and capital markets that may have … considers how innovation is taking seed in creative disaster micro insurance programs in low- and middle-income countries …
Persistent link: https://www.econbiz.de/10012564751