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Demography and Innovative Entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - CESifo - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual’s decision to start a business is determined by his...

Persistent link: https://www.econbiz.de/10005094224

Bohemians, Human Capital, and Regional Economic Growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - CESifo - 2009

An emerging literature on the geography of bohemians argues that a region’s lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there...

Persistent link: https://www.econbiz.de/10005013060

Homeownership and Entrepreneurship: The Role of Mortgage Debt and Commitment

Bracke, Philippe; Hilber, Christian; Silva, Olmo - CESifo - 2014

We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and … homeowners start a business; and (ii) the negative relation between mortgage debt and entrepreneurship is more pronounced when … income volatility is higher. Our model further predicts that the relation between housing wealth and entrepreneurship is …

Persistent link: https://www.econbiz.de/10010948829

Identity and Entrepreneurship

Falck, Oliver; Heblich, Stephan; Lüdemann, Elke - CESifo - 2009

We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual’s identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual’s socialization. This could be...

Persistent link: https://www.econbiz.de/10004979425

The Apple doesn't Fall far from the Tree: Location of Start-Ups Relative to Incumbents

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - CESifo - 2008

New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...

Persistent link: https://www.econbiz.de/10005181388

School Competition and Students' Entrepreneurial Intentions: International Evidence Using Historical Catholic Roots of Private Schooling

Falck, Oliver; Woessmann, Ludger - CESifo - 2010

School choice research mostly focuses on academic outcomes. Policymakers increasingly view entrepreneurial traits as a non-cognitive outcome important for economic growth. We use international PISA-2006 student-level data to estimate the effect of private-school competition on students’...

Persistent link: https://www.econbiz.de/10008583643

Political Persistence, Connections and Economic Growth

Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - CESifo - 2009

defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …

Persistent link: https://www.econbiz.de/10005765682

The Impact of Continuous Training on a Firm’s Innovations

Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - CESifo - 2008

Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in … innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union …

Persistent link: https://www.econbiz.de/10005405807

Heavyweights – The Impact of Large Businesses on Productivity Growth

Falck, Oliver - CESifo - 2007

The idea of an industrial policy that promotes large businesses—heavyweights—as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...

Persistent link: https://www.econbiz.de/10005405979

Persistence of Politicians and Firms' Innovation

Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - CESifo - 2011

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …’ innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …

Persistent link: https://www.econbiz.de/10008853864