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We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities … approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into … entrepreneurship. From a CA view, entrepreneurship is not only a production factor, or a means to an end, as is often taken to be the …
Persistent link: https://www.econbiz.de/10008507949
Building on a Lewis-type model of structural change and entrepreneurship we show how a global economic crisis …
Persistent link: https://www.econbiz.de/10008493701
The success of new start-up firms often depends on timing. It is valuable for the potential entrepreneur to wait for the right moment before starting a new firm. In this paper we provide a theoretical model to determine the optimal time for starting a new firm. We integrate insights from the...
Persistent link: https://www.econbiz.de/10004973333
-driven entrepreneurship in the modern sector. The model shows how opportunity-driven entrepreneurship can drive structural transformation …
Persistent link: https://www.econbiz.de/10005001320
Start-ups of new firms are important for economic growth. However, start-up rates differ significantly between countries and within regions of the same country. A large empirical literature studies the reasons for this and attempts to identify the regional determinants of start-ups. In contrast,...
Persistent link: https://www.econbiz.de/10005059869