Showing 1 - 10 of 12
We construct a simple model of occupational choice among agents with differing abilities. The fraction of agents creating new businesses who are low ability rises during recessions. Thus, cohorts born during recessions are on average lower quality: their businesses yield lower initial earnings,...
Persistent link: https://www.econbiz.de/10010842959
Self-employment is often used as synonymous with entrepreneurship. We define entrepreneurship as having the ambition to … gender differences in entrepreneurship. Measured psychological characteristics can account for one third of the large gender … gap in entrepreneurship, but only one tenth of the smaller gender gap in self-employment. Men are one and a half times …
Persistent link: https://www.econbiz.de/10010729197
entrepreneurship and investment in generalist skills are driven by a taste for variety. …
Persistent link: https://www.econbiz.de/10005190289
entrepreneurship waned in importance, the general public grew increasingly hostile towards capitalism, and by the late 1970s explicit … increasingly predominant, did not foresee the revival of entrepreneurship that took place in the Western countries around 1980. …
Persistent link: https://www.econbiz.de/10005419535
This paper presents an explicit model of the entrepreneur’s role in organizing the work undertaken by employees. The model assumes that agents vary in their ability to carry out this task, and so in one sense the model is a special case of Lucas’ [Bell Journal of Economics, 9, pp. 508-523,...
Persistent link: https://www.econbiz.de/10005636508
We investigate the dramatic transformation of ownership policies and ownership structure in Sweden during the postwar period. After WWII, Swedish ownership policies were guided by a socialist vision where the ultimate goal was abolition of private ownership. These policies came to an end in the...
Persistent link: https://www.econbiz.de/10005645291
We analyze the development of the Swedish ownership model after World War II. The controlling ownership in Swedish firms is typically concentrated to one or two owners. Often, but not always, the controlling owners are Swedish families. Thus, the model resembles the typical corporate control...
Persistent link: https://www.econbiz.de/10005645325
entrepreneurship among movers. The first dataset consists of 1,248, U.S. lawyers who were forced to seek alternative employment after …
Persistent link: https://www.econbiz.de/10010685047
This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty … commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We … find that the US system is less conducive to entrepreneurship than the Swedish system if established firms have some …
Persistent link: https://www.econbiz.de/10010818426
. We also show that commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. Using Swedish patent citation data, we find empirical support for predictions of the model. …
Persistent link: https://www.econbiz.de/10010818447