Showing 1 - 10 of 25
Persistent link: https://www.econbiz.de/10011932747
A country's institutional framework plays a crucial role in promoting entrepreneurship, which drives economic growth. Encouraging a minimum level of certainty in ambiguous environments characterized by risk taking is important. Aware of this importance, we analyze the influence of institutional...
Persistent link: https://www.econbiz.de/10014525582
A country's institutional framework plays a crucial role in promoting entrepreneurship, which drives economic growth. Encouraging a minimum level of certainty in ambiguous environments characterized by risk taking is important. Aware of this importance, we analyze the influence of institutional...
Persistent link: https://www.econbiz.de/10013407357
Persistent link: https://www.econbiz.de/10013459493
In this paper we test Bester's (1985, 1987) prediction about the separating role of contracts that involve both interest rates and collateral requirements in credit markets. To test this prediction we use data from natural credit markets and controlled experiments. Using a sample of credits to...
Persistent link: https://www.econbiz.de/10012741790
Persistent link: https://www.econbiz.de/10013459502
A key question in credit markets is how to disclose borrowers’ private information. Typically, banks offer incentive compatible contracts (with collateral) to induce borrowers to disclose their private information. However, if men and women systematically differ in their risk taking behavior,...
Persistent link: https://www.econbiz.de/10010773017
Statistical information is crucial for managerial decision making. The decision-making literature in psychology and mathematical cognition documents how different statistical formats can facilitate certain types of decisions. The present analysis is the first of its kind to assess the impact of...
Persistent link: https://www.econbiz.de/10010700343
This research focuses on crowdfunding project features and its relation with the success of this project. The main purpose is to improve probability of success of crowdfunding projects. One can argue that "more is always better" resulting in attempts of daily updates. Contrarily, backers may be...
Persistent link: https://www.econbiz.de/10012621473
The regional innovation system (RIS) is a popular way of explaining a region's development and competitiveness based on innovation activities and processes. In this paper, bibliometric techniques are used to analyze all RIS studies indexed in the Web of Science Core Collection (WoS CC) database...
Persistent link: https://www.econbiz.de/10012621482