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Berglann, Helge; Moen, Espen R; Roed, Knut; Skogstrøm, … - C.E.P.R. Discussion Papers - 2009

We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched … worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self …-employment, but also employment in partly self-owned limited liability firms. Based on this extended entrepreneurship concept, we find …

Persistent link: https://www.econbiz.de/10005079007

Entrepreneurial Innovations, Entrepreneurship Policy and Globalization

Douhan, Robin; Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2010

What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....

Persistent link: https://www.econbiz.de/10008530366

And the Winner Is--Acquired: Entrepreneurship as a Contest with Acquisition as the Prize

Henkel, Joachim; Rønde, Thomas; Wagner, Marcus - C.E.P.R. Discussion Papers - 2010

R&D incentives of new entrants to a market may be shaped by the prospects of being acquired by an incumbent. In this paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage, firms compete to develop innovations of high quality. They...

Persistent link: https://www.econbiz.de/10008784763

Can Unemployment Insurance Spur Entrepreneurial Activity?

Hombert, Johan; Schoar, Antoinette S; Sraer, David; … - C.E.P.R. Discussion Papers - 2014

business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started …

Persistent link: https://www.econbiz.de/10011145401

Liquidity Constraints and Entrepreneurial Performance

Hvide, Hans K; Møen, Jarle - C.E.P.R. Discussion Papers - 2007

If entrepreneurs are liquidity constrained and cannot borrow to operate on an efficient scale, those with more personal wealth should do better than those with less wealth. We investigate this hypothesis using a unique datset from Norway. Consistent with liquidity constraints being present, we...

Persistent link: https://www.econbiz.de/10005791690

Financial Signalling by Innovative Nascent Entrepreneurs

Audretsch, David B; Bönte, Werner; Mahagaonkar, Prashanth - C.E.P.R. Discussion Papers - 2009

Innovative new ventures fail if they cannot attract resources needed to commercialise new ideas and inventions. Obtaining external resources is a central issue for nascent entrepreneurs - people who are in the process of starting new ventures. We argue in this paper that, a way to deal with this...

Persistent link: https://www.econbiz.de/10005656288

Religion and Entrepreneurship

Audretsch, David B; Bönte, Werner; Tamvada, Jagannadha … - C.E.P.R. Discussion Papers - 2007

, are found to be conducive to entrepreneurship, while others, such as Hinduism, inhibit entrepreneurship. In addition, the … tradition of the caste system influence entrepreneurship, suggesting a link between religion and economic behaviour. …

Persistent link: https://www.econbiz.de/10005656369

Which Institutions Encourage Entrepreneurs to Create Larger Firms?

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - C.E.P.R. Discussion Papers - 2011

We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across … grow faster. We test these hypotheses using the Global Entrepreneurship Monitor surveys in 55 countries for 2001 …

Persistent link: https://www.econbiz.de/10008854547

Tax Policy, Venture Capital and Entrepreneurship

Keuschnigg, Christian; Nielsen, Soren Bo - C.E.P.R. Discussion Papers - 2000

an entrepreneurial sector, the Paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …

Persistent link: https://www.econbiz.de/10005666436

Financial Innovation and Endogenous Growth

Laeven, Luc; Levine, Ross; Michalopoulos, Stelios - C.E.P.R. Discussion Papers - 2009

We model technological and financial innovation as reflecting the decisions of profit maximizing agents and explore the implications for economic growth. We start with a Schumpeterian endogenous growth model where entrepreneurs earn monopoly profits by inventing better goods and financiers arise...

Persistent link: https://www.econbiz.de/10008528522