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credit markets. Due to the financial imperfections, high-productivity firms - which are run by entrepreneurs - must be …
Persistent link: https://www.econbiz.de/10005123794
We construct a model where an entrepreneur could either innovate for entry or for sale. It is shown that increased product competition tends to increase the relative profitability of innovation for sale relative to entry. Increased competition reduces entrants' and acquirers' profits in a...
Persistent link: https://www.econbiz.de/10005497863
In the course of ordinary business, commercial banks frequently encounter entrepreneurs seeking loans for the purpose … of financing new or continuing projects. These entrepreneurs are frequently unrealistic, their perception having been … relationship between banks and possible optimistic entrepreneurs. We examine this capital market from the stand-point of economic …
Persistent link: https://www.econbiz.de/10005791403
to the taxation of entrepreneurs in transition economies. …
Persistent link: https://www.econbiz.de/10005656322
future developments of the Dutch economy, and surveys the political-economic debate in the Netherlands. The focus is on the …
Persistent link: https://www.econbiz.de/10005136745
development of the Dutch economy pinpointed and the political-economic debate in the Netherlands surveyed. Ten rules for sound …
Persistent link: https://www.econbiz.de/10005281321
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
disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues … entrepreneurs and their perceptions. Using individual-level data from 43 countries from the period 2002 to 2005, we find that … of entrepreneurial activity in specific circumstances. There is hence scope for entrepreneurs, and policies supporting …
Persistent link: https://www.econbiz.de/10008692319
Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...
Persistent link: https://www.econbiz.de/10008468510
entrepreneurs. However, implied elastiticities with respect to the level and complexity of corporate taxes are an order of magnitude …
Persistent link: https://www.econbiz.de/10008468564