Showing 1 - 10 of 82
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
We provide, for the first time, comparative evidence of the impact of various types of extreme events – natural disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues – such as fear of failure in starting a business...
Persistent link: https://www.econbiz.de/10008692319
This Paper compares the financing of new ventures in start-ups (entrepreneurship) and in established firms … can arise (and sometimes coexist). In a low (high) entrepreneurship equilibrium, the market for failed entrepreneurs is … (entrepreneurship). We also characterize conditions under which there can be too little or too much entrepreneurial activity in …
Persistent link: https://www.econbiz.de/10005789057
Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....
Persistent link: https://www.econbiz.de/10005791605
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
knowledge from the source creating it to the firm actually commercializing the new ideas. In this paper, entrepreneurship is … identified as one such mechanism facilitating the spillover of knowledge. Using a panel of entrepreneurship data for 18 countries …
Persistent link: https://www.econbiz.de/10005792084
Since the early 1980s, the role and general perception of entrepreneurship and start-up activities has changed … public goods characteristic but it is also uncertain. With that perspective, the role of entrepreneurship is to take on the … over to the start-up firm and therefore entrepreneurship can be expected to have a positive impact on economic performance …
Persistent link: https://www.econbiz.de/10005124120
Economically active people are either in gainful employment, are unemployed or self-employed. We are interested in the dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment are absorbing states. However,...
Persistent link: https://www.econbiz.de/10005124236
While a large literature has emerged focusing on nascent entrepreneurship, the propensity for ex-entrepreneurs to … consider re-entering into entrepreneurship, or what we term here as renascent entrepreneurship, has been generally overlooked … underlying but unobservable endowment of entrepreneurial skills from entering into entrepreneurship, there is virtually nothing …
Persistent link: https://www.econbiz.de/10005124242
Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The … entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … suggests that opportunities are endogenous. This paper bridges the gap between the entrepreneurship and economic literature on …
Persistent link: https://www.econbiz.de/10005067475