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Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger...
Persistent link: https://www.econbiz.de/10012270068
that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …
Persistent link: https://www.econbiz.de/10012270114
whether extreme events can positively impact (some) entrepreneurship and innovation. Based on this, we propose a partial …
Persistent link: https://www.econbiz.de/10012322634
Innovative firms with good ideas may still struggle to fine-tune them to the stage where they can attract outside funding. We conduct a five-country randomized experiment that tests the impact of an investment readiness program. Firms then pitched their ideas to independent judges. The program...
Persistent link: https://www.econbiz.de/10012422053
In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …
Persistent link: https://www.econbiz.de/10012498055
It is a crucial question for strategic management and international business scholars if product development and (international) market development serve as two substitutive or reinforcing growth strategies in the short run. This question may be particularly pertinent to family firms, which are...
Persistent link: https://www.econbiz.de/10013253917
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013330005
Venture capital and private equity financing has become an important mechanism for the development and radical transformation of companies worldwide in recent decades. Nevertheless, the venture capital and private equity sector covers only a relatively small proportion of economic activity...
Persistent link: https://www.econbiz.de/10012604922
We demonstrate how successful entrepreneurship depends on a collaborative innovation bloc (CIB), a system of innovation … skills from which people are drawn or recruited to form part of a collaborative team, which is necessary for innovation …
Persistent link: https://www.econbiz.de/10012615413
markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe's innovation capacity at a …
Persistent link: https://www.econbiz.de/10012615452