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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
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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
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/10010264224
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Should continued family firms face lower taxes than other estates?
Grossmann, Volker; Strulik, Holger - 2008
entrepreneurship. Here, we investigate analytically and quantitatively the trade-off between transaction costs saved and creative …
Persistent link: https://www.econbiz.de/10010264315
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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
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Do entrepreneurs matter?
Becker, Sascha O.; Hvide, Hans K. - 2013
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010291523
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How do judgmental overconfidence and overoptimism shape innovative activity?
Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010291552
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'Romanticizing Penniless Entrepreneurs?' The Relationship between Start-Ups and Human Wellbeing Across Countries
Naudé, Wim - 2013
We study the effect of entrepreneurship and its allocation between necessity and opportunity entrepreneurship on three … and non-monetary wellbeing to entrepreneurial allocation. Using data from the Global Entrepreneurship Monitor we establish … that opportunity entrepreneurship may contribute towards national wellbeing and that better wellbeing in turn may stimulate …
Persistent link: https://www.econbiz.de/10013077292
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Risk Tolerance and Entrepreneurship
Hvide, Hans K. - 2013
A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage. Using investment data for 400,000 individuals, we...
Persistent link: https://www.econbiz.de/10013086658
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High-Technology Entrepreneurship in Silicon Valley
Fairlie, Robert W. - 2013
measure of entrepreneurship derived from matching files from the Current Population Survey (CPS) is used to provide the first …. Estimates indicate that hi-tech entrepreneurship rates were lower in Silicon Valley than the rest of the United States during … the period from January 1996 to February 2000. Examining the post-boom period, we find that entrepreneurship rates in …
Persistent link: https://www.econbiz.de/10013092879
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Do Entrepreneurs Really Earn Less?
Sorgner, Alina - 2014
employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10013042994