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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

Is More Entrepreneurship better?

Koellinger, Philipp; Roessler, Christian - Tinbergen Instituut - 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/10011255927

I can't get no Satisfaction - Necessity Entrepreneurship and Procedural Utility

Block, Joern; Koellinger, Philipp - Tinbergen Instituut - 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/10011256183

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

Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework

Douhan, Robin; Praag, Mirjam van - Tinbergen Instituut - 2009

Persistent link: https://www.econbiz.de/10011256430

Firm Formation with Complementarities: The Role of the Entrepreneur

Roessler, Christian; Koellinger, Philipp - Tinbergen Instituut - 2009

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