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Should continued family firms face lower taxes than other estates?
Grossmann, Volker; Strulik, Holger - 2008
Inheritance taxes may induce heirs to discontinue family firms. Because firm dissolution incurs transaction costs, a preferential tax treatment of transferred family businesses seems to be desirable from a macroeconomic viewpoint. The support of dynastic succession, however, entails also a cost...
Persistent link: https://www.econbiz.de/10010265682
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An Innovation Policy Framework: Bridging the Gap between Industrial Dynamics and Growth
Braunerhjelm, Pontus; Henrekson, Magnus - 2015
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …
Persistent link: https://www.econbiz.de/10010504476
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Entrepreneurship from Scratch: Lessons on the Entry Decision into Self-Employment from Transition Economies
Earle, John S.; Sakova, Zuzana - 1999
This paper exploits the rapid rise in self-employment rates in post-communist Eastern Europe as a valuable ?quasi-experiment? for understanding the sources of entrepreneurship. A relative demand-supply model and an individual sectoral choice model are used to analyze a 1993 survey of 27,000...
Persistent link: https://www.econbiz.de/10010262299
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Entrepreneurship, wage employment and control in an occupational choice framework
Douhan, Robin; van Praag, C. Mirjam - 2009
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10010277016
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Who values the status of the entrepreneur?
van Praag, C. Mirjam - 2009
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession 'entrepreneurship' shapes people's occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...
Persistent link: https://www.econbiz.de/10010277020
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Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
van Praag, C. Mirjam; van Witteloostuijn, Arjen; van … - 2009
How valuable is education for entrepreneurs' performance as compared to employees'? What might explain any differences? And does education affect peoples' occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that education...
Persistent link: https://www.econbiz.de/10010277025
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Intrapreneurship: Productive, Unproductive, and Destructive
Elert, Niklas; Stenkula, Mikael - 2020
Researchers increasingly recognize that entrepreneurial employees, intrapreneurs, play a critical role in innovation …
Persistent link: https://www.econbiz.de/10012615435
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Jobs Incorporated: Incorporation Status and Job Creation
Åstebro, Thomas; Tåg, Joacim - 2015
Recent research has shown that entrepreneurs who start incorporated firms are fundamentally different from entrepreneurs who start sole proprietorships. This difference suggests that incorporation status may distinguish the self-employed with no ambition to hire from entrepreneurs who plan to...
Persistent link: https://www.econbiz.de/10010504485
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Does College Education Reduce Small Business Failure?
Asoni, Andrea; Sanandaji, Tino - 2014
We estimate the effect of college education on business survival using the NLSY79. The endogeneity of both education and business ownership is accounted for by a competing risks duration model augmented with a college selection equation. Contrary to the previous literature, we fi nd no effect of...
Persistent link: https://www.econbiz.de/10010504519
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Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework
Douhan, Robin; van Praag, Mirjam - 2009
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10010320274