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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

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

Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments

Hempell, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2003

This paper explores whether investments in information and communication technologies (ICT) and firm?sponsored training programmes are complementary. Three approaches are applied to panel data from German service companies for the time period 1994?98. Results for a system of interrelated factor...

Persistent link: https://www.econbiz.de/10005097535

Exploring the relationship between scientist human capital and firm performance: The case of biomedical academic entrepreneurs in the SBIR program

Czarnitzki, Dirk; Toole, Andrew A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

knowledge through the U.S. Small Business Innovation Research Program. Our conceptual framework assumes the nature of an …

Persistent link: https://www.econbiz.de/10005097877

Human capital creates insider power

Muysken, Joan; Zwick, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1999

This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...

Persistent link: https://www.econbiz.de/10005097961

ICT, Innovation and Business Performance in Services: Evidence for Germany and the Netherlands

van der Wiel, Henry; van Leeuwen, George; Hempell, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004

deepening and innovation for productivity. We employ a model that takes into account that innovation and ICT use may be … technological innovations on a more permanent basis. Moreover, the joint impact of ICT use and permanent technological innovation on … productivity appears to be of the same order of magnitude in the two countries. However, the direct impacts of innovation on multi …

Persistent link: https://www.econbiz.de/10005097585

Does Experience Matter? Innovations and the Productivity of ICT in German Services

Hempell, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002

In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm?level panel data covering the period 1994?99, system GMM estimates for an extended production function framework...

Persistent link: https://www.econbiz.de/10005097592

Entrepreneurship and Institutions

Henrekson, Magnus - Institutet för Näringslivsforskning (IFN) - 2007

In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of entrepreneurial activity. Four key...

Persistent link: https://www.econbiz.de/10005645286

Entrepreneurship and Public Policy

Henrekson, Magnus; Stenkula, Mikael - Institutet för Näringslivsforskning (IFN) - 2009

Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship without directing attention to quantitative goals and specific firms or employment groups. The institutional framework set by public policy affects the prevalence and performance...

Persistent link: https://www.econbiz.de/10008677920

Institutional Entrepreneurship: An Introduction

Henrekson, Magnus; Sanandaji, Tino - Institutet för Näringslivsforskning (IFN) - 2010

In this introductory chapter to a collective volume,* we build on Baumol’s (1990) framework to categorize, catalog, and classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel entrepreneurial supply into productive or...

Persistent link: https://www.econbiz.de/10008794457