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Entrepreneurial Backgrounds, Human Capital and Start-up Success

Baptista, Rui; Karaöz, Murat; Mendonça, Joana - Max-Planck-Institut für Ökonomik <Jena> - 2007

the cases of spin-offs and habitual entrepreneurs. The subject of unemployment-driven entrepreneurship is also explored …

Persistent link: https://www.econbiz.de/10005864534

Creating Strategic Advantage through EntrepreneurialGovernance in New Ventures

Audretsch, David B.; Lehmann, Erik; Plummer, Lawrence A. - Max-Planck-Institut für Ökonomik <Jena> - 2007

An important literature has made a fundamental link between corporate governanceand corporate strategy. According to agency theory, assigning managersstock options aligns their interests with the interests of the owners of the firm.This paper suggests that this may not apply in the context of...

Persistent link: https://www.econbiz.de/10005864514

Serial Entrepreneurship: Differentiating Direct from Latent Re-entrants

Amaral, A. Miguel; Baptista, Rui - Max-Planck-Institut für Ökonomik <Jena> - 2007

importance of human capital in triggering serial entrepreneurship, but the kinds of experiences driving direct and latent serial …

Persistent link: https://www.econbiz.de/10005864568

The Effect of New Business Formation on Regional Development over Time: The Case of Germany

Fritsch, Michael; Mueller, Pamela - Max-Planck-Institut für Ökonomik <Jena> - 2006

We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure of this effect and on differences between regions. The different phases of the effects of new business formation on regional development are relatively pronounced...

Persistent link: https://www.econbiz.de/10005864877

Entrepreneurship, Regional Development and Job Creation: the Case of Portugal

Baptista, Rui; Escária, Vítor Manuel Alvares; … - Max-Planck-Institut für Ökonomik <Jena> - 2005

This paper investigates whether a high level of new business formation in a region stimulates employment in that region. The study looks at the lag structure of these effects, using a data set covering a fairly large time span (1982-2002). The indirect supply-side effects of new firm births,...

Persistent link: https://www.econbiz.de/10005865020

The Persistence of Regional New Business Formation-Activity over Time - Assessing the Potential of Policy Promotion Programs

Fritsch, Michael; Mueller, Pamela - Max-Planck-Institut für Ökonomik <Jena> - 2005

entrepreneurship. These factors also seem to be responsible for changes in the level of regional new business formation. In addition …

Persistent link: https://www.econbiz.de/10005865030

The Relationship between Entrepreneurship and Unemployment: is Portugal an Outlier?

Baptista, Rui; Thurik, Roy - Max-Planck-Institut für Ökonomik <Jena> - 2004

The present paper examines the relationship between entrepreneurship, as measured by the variation in business … outlier in regard to the effects of entrepreneurship on unemployment when compared with the OECD average. Although the nature … of entrepreneurship may be different in the Portuguese case, due to a high proportion of "micro-businesses" created for …

Persistent link: https://www.econbiz.de/10005865125

The Effects of Experience, Ownership, and Knowledge on IPO Survival: Empirical Evidence from Germany

Audretsch, David B.; Lehmann, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2004

We study the implications of ownership and its induced incentives on firm survival on the stock market for young and high-tech firms. Using a unique data set of all 341 firms listed on the Neuer Markt, the German counterpart of the NASDAQ, our results differ from studies on more traditional...

Persistent link: https://www.econbiz.de/10005865241

Financing High-Tech Growth: The Role of Debt or Equity

Audretsch, David B.; Lehmann, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2004

Using a data set of the firms listed on the Neuer Markt in Germany, this paper demonstrates that venture backed firms differ from firms with other financial resources, especially debt. Thus, the results of this study provide evidence for the hypothesis that small and innovative firms are more...

Persistent link: https://www.econbiz.de/10005865242