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Distribution of natural resources, entrepreneurship, and economic development : growth dynamics with two elites

Falkinger, Josef; Grossmann, Volker - 2005

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

Persistent link: https://www.econbiz.de/10010261348

Identity and entrepreneurship

Falck, Oliver; Heblich, Stephan; Lüdemann, Elke - 2009

We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual's identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual's socialization. This could be...

Persistent link: https://www.econbiz.de/10010273805

Credit Market Imperfection, Lack of Entrepreneurs and Capital Outflow from a Developing Economy

Marjit, Sugata - 2020

This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a result of the rate of return differentials due...

Persistent link: https://www.econbiz.de/10012824582

Urban squatting with rent-seeking organizers

Brueckner, Jan K. - 2012

This paper extends a new line of research on urban squatting that focuses on the role of the squatter organizer. The model replaces the benevolent organizer from previous studies with a collection of competing, rent-seeking squatter organizers, a structure that may offer a realistic picture of...

Persistent link: https://www.econbiz.de/10010288251

Minorities and storable votes

Casella, Alessandra M.; Palfrey, Thomas R.; Riezman, … - 2005

The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desired over a series of binary decisions. By accumulating votes on issues that it deems most...

Persistent link: https://www.econbiz.de/10010276132

Nordic dual income taxation of entrepreneurs

Kanniainen, Vesa; Kari, Seppo; Ylä-Liedenpohja, Jouko - 2005

The paper shows how entrepreneurial taxes interact with the career choice of individuals, the quality of entrepreneurs, and their effort and investments. It is particularly relevant to differentiate the early effects on start-up enterprises with substantial uncertainty from the tax effects on...

Persistent link: https://www.econbiz.de/10010261388

Imperfect transmission of tacit knowledge and other barriers to entrepreneurship

Kanniainen, Vesa; Poutvaara, Panu - 2007

This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate … entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with … access to within-family ownership transfer, the outside market for entrepreneurship operates as a lemon's market. This …

Persistent link: https://www.econbiz.de/10010264173

Entrepreneurship, organization capital and the evolution of the firm

Oshima, Atsushi; Ravikumar, B.; Riezman, Raymond - 2008

We view the entrepreneur as an agent who possesses human capital in the form of specific skills or talents. When she starts a firm, her human capital is essential to the firm and it has substantial private value. The entrepreneur transforms her human capital over time into what we call...

Persistent link: https://www.econbiz.de/10010264321

Entrepreneurial innovation and sustained long-run growth without weak or strong scale effects

Grossmann, Volker - 2008

R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth (strong scale effect) or the level of per capita income (weak scale effect), with far-reaching policy implications. However, for modern times there is little empirical support for...

Persistent link: https://www.econbiz.de/10010264334

Bankruptcy: is it enough to forgive or must we also forget?

Elul, Ronel; Gottardi, Piero - 2008

In many countries, lenders are not permitted to use information about past defaults after a specified period of time has elapsed. We model this provision and determine conditions under which it is optimal. We develop a model in which entrepreneurs must repeatedly seek external funds to finance a...

Persistent link: https://www.econbiz.de/10010264371