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Uncertainty Avoidance and the Rate of Business Ownership across 22 OECD Countries, 1976-2000
Wennekers, Sander; Thurik, Roy; Stel, André van; … - Tinbergen Instituut - 2003
countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …
Persistent link: https://www.econbiz.de/10011255529
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Is More Entrepreneurship better?
Koellinger, Philipp; Roessler, Christian - Tinbergen Instituut - 2009
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10011255927
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The Relation between Economic Development and Business Ownership revisited
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Instituut - 2007
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10011256128
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Business Ownership and Economic Growth in 23 OECD Countries
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Instituut - 2000
In the present paper we address the relationship between the extentof business ownership (self-employment) and economic development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10011256131
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Firm Formation with Complementarities: The Role of the Entrepreneur
Roessler, Christian; Koellinger, Philipp - Tinbergen Institute - 2009
We model the emergence of organization forms in a game between prospective entrepreneurs. Complementary roles arise endogenously in a way that admits a stable assignment of workers to firms. This contrasts with existing work on job matching, where stability typically requires workers to be...
Persistent link: https://www.econbiz.de/10005016278
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Business Ownership and Economic Growth in 23 OECD Countries
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Institute - 2000
In the present paper we address the relationship between the extent of business ownership (self-employment) and economic development. We will focus upon three issues. First, how is the equilibrium rate of business ownership related to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10005144445
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Is More Entrepreneurship better?
Koellinger, Philipp; Roessler, Christian - Tinbergen Institute - 2009
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10008513213
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The Relation between Economic Development and Business Ownership revisited
Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Institute - 2007
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10005136892
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Firm Formation with Complementarities: The Role of the Entrepreneur
Roessler, Christian; Koellinger, Philipp - Tinbergen Instituut - 2009
We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among …
Persistent link: https://www.econbiz.de/10011256953