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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/10010263837
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/10010263851
What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper … starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an … overview of theory and empirical research on the relation between entrepreneurship, innovation and economic growth. The paper …
Persistent link: https://www.econbiz.de/10010263861
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/10010266670
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/10010266685
employment or entrepreneurship. Strong willingness to freely distribute research findings are related to a low appeal of private …
Persistent link: https://www.econbiz.de/10010267108
This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182) and new venture teams (n=274) from a random sample of start-ups in innovative industries and test social capital use and its effects on firm performance. Our results reveal that...
Persistent link: https://www.econbiz.de/10010271190
generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … strengthening patent protection will reduce the returns to entrepreneurship sufficiently to reduce overall economic growth. …
Persistent link: https://www.econbiz.de/10010271789