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What is the value of entrepreneurship? : a review of recent research
Praag, Mirjam van; Versloot, Peter H. - 2007
claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10011372984
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Total factor productivity and the role of entrepreneurship
Erken, Hugo; Donselaar, Piet; Thurik, Adriaan R. - 2009 - Current version: May 2009
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10011378136
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Badge of honor or scarlet letter? : unpacking investors' judgment of entrepreneurs' past failure
Zunino, Diego; Praag, Mirjam van; Dushnitsky, Gary - 2017
Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs’ past failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both. Therefore, failure conveys ambiguous information...
Persistent link: https://www.econbiz.de/10011720322
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Uncertain technological change under capital mobility
Hek, Paul A. de - 2005
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...
Persistent link: https://www.econbiz.de/10011343279
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Endogenous technological change under uncertainty
Hek, Paul A. de - 2002
How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this question, a model of endogenous technological change is used where sustained growth stems from intentional investments in R&D from profit-maximizing firms. The uncertainty arises...
Persistent link: https://www.econbiz.de/10011326963
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Micro moments database for cross-country analysis of ICT, innovation, and economic outcomes
Bartelsman, Eric J.; Hagsten, Eva; Polder, Michael - 2017
This paper provides technical documentation to a database built up from firm-level sources titled Micro moments database(MMD) that is made available for researchers through Eurostat. The MMD is an internationally harmonized research database of statistical moments collected from linked...
Persistent link: https://www.econbiz.de/10011583471
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Employment protection, technology choice, and worker allocation
Bartelsman, Eric J.; Gautier, Pieter; Wind, Joris de - 2010
Persistent link: https://www.econbiz.de/10003973969
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Employment protection, technology choice, and worker allocation
Bartelsman, Eric J.; Gautier, Pieter; Wind, Joris de - 2010
Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...
Persistent link: https://www.econbiz.de/10011380171
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Knowledge virtualization and local connectedness among smart high-tech companies
Geenhuizen, Marina S. van; Nijkamp, Peter - 2011
Persistent link: https://www.econbiz.de/10009720761
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What is the value of entrepreneurship? : a review of recent research
Praag, Mirjam van; Versloot, Peter H. - 2007
Persistent link: https://www.econbiz.de/10003644041