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Start-ups, Long- and Short-Term Survivors and their Effect on Regional Employment Growth

Fritsch, Michael; Noseleit, Florian - Wirtschaftswissenschaftliche Fakultät, … - 2009

We investigate the effects that regional start-up activity has on employment in new and in incumbent businesses. The analysis is performed for West German regions over the 1987-2002 period. It shows that the effects of new businesses on employment in the incumbents are significantly positive and...

Persistent link: https://www.econbiz.de/10008509216

Foundations of High Impact Entrepreneurship

Acs, Zoltan J. - Wirtschaftswissenschaftliche Fakultät, … - 2008

This survey reviews the theoretical literature on high impact entrepreneurship. The survey is guided in part by the … recent classification changes at the Journal of Economic Literature (JEL) regarding entrepreneurship. The board voted to … create a new classification code, L26, for entrepreneurship. The JEL intends to use this code for all articles and books that …

Persistent link: https://www.econbiz.de/10004970272

Investigating the Anatomy of the Employment Effects of New Business Formation

Fritsch, Michael; Noseleit, Florian - Wirtschaftswissenschaftliche Fakultät, … - 2009

Recent empirical research has found that the effect of new business formation on employment emerges over a period of about ten years and has identified a 'wave' pattern of these effects. In this study, we decompose the overall contribution of new business formation on employment change into...

Persistent link: https://www.econbiz.de/10004970283

Demography and Innovative Entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - Wirtschaftswissenschaftliche Fakultät, … - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10005090571

Direct and indirect effects of new businesses on regional employment - An empirical analysis

Fritsch, Michael; Noseleit, Florian; Schindele, Yvonne - Wirtschaftswissenschaftliche Fakultät, … - 2008

We analyze different types of effects that new businesses may have on regional employment. We introduce different measures for employment change by separating employment change in incumbent businesses and employment change in new businesses. There are pronounced differences between regions with...

Persistent link: https://www.econbiz.de/10005090591

Financial Signaling by Innovative Nascent Entrepreneurs

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - Wirtschaftswissenschaftliche Fakultät, … - 2009

External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project's feasibility. Our...

Persistent link: https://www.econbiz.de/10005090597

Start-ups, New Business Employment, and the Effects on Incumbents: Who Contributes the Larger Share?

Fritsch, Michael; Noseleit, Florian - Wirtschaftswissenschaftliche Fakultät, … - 2008

We investigate the effects that new business formation has on employment in incumbent firms and compare it to the development in the start-ups. The analysis is performed for West German regions over the 1984-2002 period. It shows that the employment effects of new businesses on the incumbents...

Persistent link: https://www.econbiz.de/10005051048

The global entrepreneurship index (GEINDEX)

Ács, Zoltán J.; Szerb, László - Wirtschaftswissenschaftliche Fakultät, … - 2009

This paper constructs a Global Entrepreneurship Index (GEINDEX) that captures the contextual feature of … entrepreneurship across countries. We find the relationship between entrepreneurship and economic development to be mildly S-shaped not … U-shaped or L-shaped. Our findings suggest moving away from simple measures of entrepreneurship across countries …

Persistent link: https://www.econbiz.de/10005032006

Exploration and Exploitation - The Role of Entrepreneurship and R+D in the Process of Innovation

Keilbach, Max; Sanders, Mark - Wirtschaftswissenschaftliche Fakultät, … - 2007

stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R+D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …

Persistent link: https://www.econbiz.de/10005032031