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, transaction and institution characteristics in the determination of opportunity entrepreneurship, at the medium-term. A series of … expected, the conclusions confirm that the cultural traits both positively and negatively affect opportunity entrepreneurship … institutions is conducive to opportunity entrepreneurship. Performing a sensitivity analysis, we construct a hypothetical, more …
Persistent link: https://www.econbiz.de/10010506574
It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness...
Persistent link: https://www.econbiz.de/10011211884
Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …. When unique attributes of entrepreneurship are taken into account, some major conclusions of capital taxation models no …
Persistent link: https://www.econbiz.de/10005082489
Existing studies of entrepreneurship focus on entrepreneurs whose individual contribution to wealth creation is …
Persistent link: https://www.econbiz.de/10009399313
supply into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by … institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by … entrepreneurship. As business entrepreneurship, innovative political activity may be productive or unproductive, depending on the …
Persistent link: https://www.econbiz.de/10008599461
The Swedish economy has developed rapidly since the mid-1990s relative to most comparable countries, in particular relative to almost all other EU-15 countries. We investigate two policy areas that are believed to have been important for the strong economic development in Sweden during the last...
Persistent link: https://www.econbiz.de/10010729195
deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the … economy. Particular aspects of entrepreneurship and economic dynamism are covered by pairs (or in one case three) coauthors …
Persistent link: https://www.econbiz.de/10010643158
It is widely known that both geography and institutions determine the location of an investment. However, little is known about the impact of these factors on entrepreneurs' future business plans. Using a questionnaire survey, this paper examines whether the 'first-' and 'second-nature'...
Persistent link: https://www.econbiz.de/10014496699
destructive entrepreneurship. Baumol’s classificatory scheme is built around a limited concept of first-best outcomes and … therefore easily fails to appreciate the true impact of entrepreneurship in real world circumstances characterized by suboptimal … institutions. We present an alternative way of generalizing the notion of entrepreneurship and show how and why it encompasses the …
Persistent link: https://www.econbiz.de/10004969817
This essay argues that the economic contribution of certain firms – be they small, young or rapidly growing – has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated...
Persistent link: https://www.econbiz.de/10008520887