Showing 1 - 10 of 10
entry and financial development. Incumbents seek a low level of effective investor protection to prevent potential entrants … higher rents earned with less competition. Entry and investor protection improve when wealth distribution becomes less … countries we find that greater accountability is associated with higher entry in sectors that are more dependent on external …
Persistent link: https://www.econbiz.de/10005662100
We study the implications of ownership and its induced incentives on firm performance in the ‘New Economy’. Instead of traditional performance we use firm survival on the stock market as the performance indicator. Using a unique data set of all 341 firms listed on the Neuer Markt, the German...
Persistent link: https://www.econbiz.de/10005504269
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10011083991
We develop a monopolistic competition model with two sectors and heterogeneous agents who self-select into entrepreneurship, depending on entrepreneurial ability. The effect of market size on the equilibrium share of entrepreneurs crucially hinges on properties of the lower-tier utility function...
Persistent link: https://www.econbiz.de/10011084591
This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greatershare of economic activity. Not all countries, however, are experiencing...
Persistent link: https://www.econbiz.de/10011256821
In this paper, we develop two hypotheses: First, regional innovation efforts have a positive impact on regional knowledge based entrepreneurial activity. Second, knowledge based entrepreneurship positively affects regional economic performance. We test these hypotheses using county level data...
Persistent link: https://www.econbiz.de/10011257436
An abundance of literature links socio-economic status to health and health care in Canada and other countries. Recent anecdotal evidence indicates that Canadians believe their access to health care is diminishing over time. This study provides a brief description of utilization patterns in...
Persistent link: https://www.econbiz.de/10005763301
The shift to ambulatory care, initiated in Canada’s health care system in the 1990’s, consists in reducing the length of hospitals stays, delaying institutionalization and promoting home care. However, the supply for health and social support services is flawed in that seniors living in the...
Persistent link: https://www.econbiz.de/10004998555
generic competitors should lower prices. On the other hand, the threat of AG entry into a therapeutic market might deter entry … of AG entry into a market might deter entry by IGs. IG executives, however, state that the threat of AG entry has … decreased their incentive to challenge ‘marginal’ drug markets. In particular the threat of AG entry has increased from $5m to …
Persistent link: https://www.econbiz.de/10005404411
Comparative health studies consistently find that Canadians on average are healthier than Americans. Comparing health status within and between Canada and the United States provides key insights into the distribution of inequalities in these two countries. Canada’s universal health care...
Persistent link: https://www.econbiz.de/10005635208