Showing 1 - 4 of 4
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
Many governments promote small businesses for the dual reasons of fostering ‘breakthrough’ innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation project and on their mode of commercializing...
Persistent link: https://www.econbiz.de/10009399312
Existing empirical evidence suggests that entrepreneurs are optimists, a finding researchers often interpret as evidence of a behavioral bias in entrepreneurial decision-making. We revisit this claim by analyzing an unusually large survey dataset (180,814 responses) that allows us to create a...
Persistent link: https://www.econbiz.de/10010818438
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 stifled by existing institutions during times …
Persistent link: https://www.econbiz.de/10011074887