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entrepreneurship? We compile four hand-collected measures of high-impact Schumpeterian entrepreneurship (VC-funded IPOs, self … entrepreneurship and the other relating to small business activity. Except for the World Bank measure of firm registration of limited … liability companies quantity-based measures tend to be inappropriate proxies for high-impact Schumpeterian entrepreneurship. …
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We examine whether Europe has an "entrepreneurship deficit" compared to other industrialized regions. Cross …-country comparisons are difficult due to the lack of standard empirical definitions of entrepreneurship. Measures focusing on small … business activity and startup rates suggest that Europe has the same or higher rates of entrepreneurship than the U.S. and East …
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Despite the central role played by human capital in entrepreneurship, little is known about how employees in …
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Die Novellierung der Handwerksordnung 2004 war ein gravierender Einschnitt in das Gefüge der deutschen Handwerkswirtschaft. In der vorliegenden Studie werden neue empirische Daten präsentiert, welche die Diskussion über die Auswirkungen dieser Reform anregen sollen. Diese Daten differenzieren...
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cost advantages, or if development is associated with double moral hazard problems. -- Acquisitions ; Entrepreneurship …
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conceptual model to illustrate and map the interdependence between evasive entrepreneurship and the regulatory response it …, yet its founders became convicted criminals because of it. Applying the evasive entrepreneurship framework to this case … improves our understanding of the relationship between policymaking and entrepreneurship in the digital age, and is a first …
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One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
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In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … evasive entrepreneurship can be both productive and unproductive/destructive, its dynamic character is more important because … evasive entrepreneurship may be able to prevent economic development from being sti-fled by existing institutions during times …
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