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While some firms build cars or smartphones, Rocket Internet builds companies. The incubator and investment firm has pioneered an extreme approach to new venture creation that is often referred to as a "startup factory:" it rapidly assembles and scales new companies, replicating business models...
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Endogenous growth theory is based on the notion that technological knowledge stimulates growth, yet the micro foundations of this process are rarely investigated and remain obscure. Knowledge spillover theory posits that growth is contingent on the technology dependence of industries, forming...
Persistent link: https://www.econbiz.de/10008914331
The performance of new firms is important for economic development but research has produced limited knowledge about the key relationships among growth, profitability, and survival for new firms. Based on evolutionary theory, we develop a model about how new firms resolve uncertainty about their...
Persistent link: https://www.econbiz.de/10011095563
Akademisk teori såväl som politiska diskussioner framhåller ofta entreprenörskap som gynnsamt för ekonomisk tillväxt. De specifika teoretiska mekanismerna som gör att entreprenörskap leder till tillväxt har dock inte kunnat fastslås och det är därför inte klart om entreprenörskap...
Persistent link: https://www.econbiz.de/10011096136
In this paper we outline an evolutionary framework of entrepreneurial processes where by firms are started, grow, and exit from the market. We explain the important of such a framework in explaining both what contextual factor affects entrepreneurial processes and in explaining the distinction...
Persistent link: https://www.econbiz.de/10010616682
This study examines the extent to which wage-earning workers are simultaneously self-employed, a phenomenon not thoroughly investigated in earlier studies. We use matched employee-employer databases to present a detailed investigation of self-employment patterns within the post industrial...
Persistent link: https://www.econbiz.de/10010273932
In contrast to previous efforts to model the individual's movement from wage work into entrepreneurship, we consider that individuals might transition incrementally by retaining their wage job while entering into self-employment. We show that these hybrid entrepreneurs represent a significant...
Persistent link: https://www.econbiz.de/10010320392