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/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the … crossroads between sources of knowledge and the experiential and intellectual base of an entrepreneur (i.e., dimensions of his …/her human capital) suggests that it is through experience and through education that an entrepreneur obtains knowledge. Using …
Persistent link: https://www.econbiz.de/10012055295
general as well as in technology- and knowledge-intensive subsectors. We compare Germany and Portugal which exhibit, though EU … indicate that the skill composition has different effects on firm entry in the two countries. More specifically, for Portugal …
Persistent link: https://www.econbiz.de/10010299472
?the case of Portugal; 2) a positive but stable role of education in terms of inequality – Austria, Finland, France …
Persistent link: https://www.econbiz.de/10010262344
This paper quantifies the long-run impact of exposure to youth minimum wages and sheds light on its mechanisms. It uses remarkable longitudinal data spanning for twenty years and explores legislative changes that define groups of teenagers exposed for different durations. After controlling for...
Persistent link: https://www.econbiz.de/10010269276
impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to …
Persistent link: https://www.econbiz.de/10010283971
This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...
Persistent link: https://www.econbiz.de/10010297625
We study the interactions between technological innovation, investment in human capital and child labor. In our setting … firms decide on innovation, then households decide on education. In equilibrium the presence of inefficient child labor … on child labor are welfare reducing, while a subsidy to innovation is the right tool to eliminate child labor and …
Persistent link: https://www.econbiz.de/10011325098
between technically trained founders and employees who have business skills. This suggests that the innovation potential of …
Persistent link: https://www.econbiz.de/10011559230
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10010262329
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