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Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes … consequences of the group status of a profession, entrepreneurship in particular. If the group status of entrepreneurship is … be expected and respect. Furthermore, our results imply that entrepreneurship is associated with hard work, high incomes …
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address the issue of entrepreneurship in two distinct ways: a) as it has historically developed within the field of economics … and b) as it develops in the transitional context. In contrast to advanced western economies, productive entrepreneurship … entrepreneurship for transition countries. By means of a literature survey, we further present the main characteristics of …
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We model the emergence of organization forms in a game between prospective entrepreneurs. Complementary roles arise endogenously in a way that admits a stable assignment of workers to firms. This contrasts with existing work on job matching, where stability typically requires workers to be...
Persistent link: https://www.econbiz.de/10005016278
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10008513213
We develop a model of endogenous lobby formation in which wealth inequality and political accountability undermine entry and financial development. In- cumbents seek a low level of effective investor protection to prevent potential entrants from raising capital. They succeed because they can...
Persistent link: https://www.econbiz.de/10005137200