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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
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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
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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
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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
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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
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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
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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