Showing 1 - 10 of 21
Owners of private companies are often highly underdiversified which exposes them to idiosyncratic risk. We investigate the consequences of underdiversification at the company level. Information on US companies and their owners is obtained from the Survey of Consumer Finances and the Survey of...
Persistent link: https://www.econbiz.de/10010297370
Young firms with the ability to internationalize early and decisively have received much attention in recent academic discussion. However, relatively little is known about the underlying processes that enable them to skip several stages of the internationalization process. We contribute to this...
Persistent link: https://www.econbiz.de/10010298789
Does heterogeneity in the educational backgrounds of the founders matter for firm success? Are team foundations more successful than single entrepreneurs? These questions are analysed using data on academic spinoffs in Germany. Firm success is measured by employment growth. I find that team...
Persistent link: https://www.econbiz.de/10010299836
This paper analyzes how companies of immigrant entrepreneurs in knowledgeintensive industries differ from companies of native entrepreneurs with respect to start-up characteristics, firm survival and innovative performance. I focus on immigrants from the 'recruitment countries' of south and...
Persistent link: https://www.econbiz.de/10010304654
entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy : early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …
Persistent link: https://www.econbiz.de/10010297455
The performance of young and newly founded firms depends largely to the human capital of the firm owner. The entrepreneur is therefore one of the main success factors for the firm. Yet entrepreneurs differ considerably in their background and characteristics. Particularly, founders? individual...
Persistent link: https://www.econbiz.de/10010297546
capital. In this paper we introduce a new factor, entrepreneurship capital, and link it to output in the context of a … production function model. This paper explains what is meant by entrepre-neurship capital and why it should influence economic … output. A production function model including several different measures of entrepreneurship capital is then estimated for …
Persistent link: https://www.econbiz.de/10010297675
The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...
Persistent link: https://www.econbiz.de/10010297929
Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However,...
Persistent link: https://www.econbiz.de/10010297930
The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...
Persistent link: https://www.econbiz.de/10010297942