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We document the presence of multiple and varied constraints to small and medium firm growth. This presents both a practical problem for business training programs and a challenge to academic economists trying to identify mechanisms though which these programs may affect outcomes. External...
Persistent link: https://www.econbiz.de/10011184078
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
can arise (and sometimes coexist). In a low (high) entrepreneurship equilibrium, the market for failed entrepreneurs is …This Paper compares the financing of new ventures in start-ups (entrepreneurship) and in established firms … jobs. Instead, failed entrepreneurs must seek other jobs in an imperfectly informed external labour market. While this is …
Persistent link: https://www.econbiz.de/10005789057
more such innovations by entrepreneurs. Consequently, a venture capital market implies that more innovations are created …
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 … entrepreneurs from being able to exploit a "hump" in marginal productivity. From the 75th to the 99th percentile returns drops by …
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