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capital play on different types of entrepreneurship. As inequality increases, both forms of capital become weaker deterrents … of entry into necessity entrepreneurship, whereas for opportunity entrepreneurship, only financial capital becomes a … decreasing marginal returns on the likelihood of entry into necessity entrepreneurship, and that in the case of opportunity …
Persistent link: https://www.econbiz.de/10013025560
Despite the increasing understanding of the relationships between institutions and entrepreneurship, the influence of … the quality of government institutions on entrepreneurship is less addressed. This paper focuses on this critical … determinant of entrepreneurship in developing and developed countries. Drawing from institutional theory we hypothesize and …
Persistent link: https://www.econbiz.de/10013031444
Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the flow of … world in the fight against COVID-19. This paper, after documenting preliminary evidence on these declines, argues that there … is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be persistent. This …
Persistent link: https://www.econbiz.de/10012262279
Persistent link: https://www.econbiz.de/10012426866
Persistent link: https://www.econbiz.de/10012317850
Entrepreneurship has been traditionally concentrated in the hands of a few small communities in most developing …
Persistent link: https://www.econbiz.de/10012465589
Persistent link: https://www.econbiz.de/10012418930
How does financial integration impact capital accumulation, current-account dynamics, and cross-country inequality? We investigate this question within a two-country, general-equilibrium, incomplete-markets model that focuses on the importance of idiosyncratic entrepreneurial risk-- a risk that...
Persistent link: https://www.econbiz.de/10012461896
This paper examines how government funding programs geared towards early-stage companies interact with private capital markets. Using hand-collected data on 755 government programs worldwide, we find that governments' allocations to such funding programs have been comparable to global venture...
Persistent link: https://www.econbiz.de/10012510623
Acknowledging the role of different forms of entrepreneurship to continued economic prosper-ity and the role of … institutional dimensions on entrepreneurship, this paper investigates if and to what extent a selected number of institutional … entrepreneurship options are hampered by corruption and limited business freedom while promoted through favourable labour regulations …
Persistent link: https://www.econbiz.de/10012522147