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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
of the workforce with a tertiary degree have a strong positive effect on regional development. We conclude that knowledge …. Entrepreneurship and knowledge play a less important role for development across West German regions, where no significant shocks …
Persistent link: https://www.econbiz.de/10012389644
Audretsch and Fritsch (2002) proposed two explanations for the mixed evidence regarding the relationship between new firm formation and regional development. Firstly, they found evidence for the existence of long time lags needed before the main effects of new firm formation on employment change...
Persistent link: https://www.econbiz.de/10010261485
This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be … studies of thirteen knowledge-based firms in six ECE countries, we suggest that KBE firms in these countries may differ in … some important ways from the conventional picture of new technology based firms. In general, we see the ECE knowledge …
Persistent link: https://www.econbiz.de/10011430867
Following the broad overview of knowledge-intensive entrepreneurship (KIE), or new firm creation in industries … (Woodward et al., 2012), this working paper presents an analysis of two Sectoral Innovation Systems (Malerba, 2002) in the … role of "knowledge customizers" rather than "knowledge creators"; in an international comparison, even with other post …
Persistent link: https://www.econbiz.de/10011430890
Innovation System, and then focus on KIE itself. Our findings are perhaps more optimistic than many previous studies of knowledge …This study surveys the current state of affairs in Poland with regard to the development of knowledge … which universities are playing a significant role as partners for firms in the innovation process has increased …
Persistent link: https://www.econbiz.de/10011430906
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011442493
Audretsch and Fritsch (2002) proposed two explanations for the mixed evidence regarding the relationship between new firm formation and regional development. Firstly, they found evidence for the existence of long time lags needed before the main effects of new firm formation on employment change...
Persistent link: https://www.econbiz.de/10010305674
entrepreneurial effort, entrepre-neurial innovation and capital investment. Because of these constraints, the entrepreneurial project …
Persistent link: https://www.econbiz.de/10010320176
Previous research, notably Baumol (1990), has highlighted the role of insti-tutions in channeling entrepreneurial supply into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by institutions - entrepreneurs often help shape institutions...
Persistent link: https://www.econbiz.de/10010320255