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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

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

Corporate Tax Policy, Entrepreneurship and Incorporation in the EU

Mooij, Ruud A. De; Nicodème, Gaëtan J.A. - CESifo - 2006

panel of European data on firm births and legal form of business to analyze income shifting via increased entrepreneurship … and incorporation. The results suggest that lower corporate taxes exert an ambiguous effect on entrepreneurship. The …

Persistent link: https://www.econbiz.de/10005094315

Initial Capital Constraints Hinder Entrepreneurial Venture Performance: An empirical analysis

Praag, Mirjam van - CESifo - 2003

A novel method is applied to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1,000 Dutch entrepreneurs. We find that initial capital constraints hinder entrepreneurs in their performance, even when we control for various human capital and other factors...

Persistent link: https://www.econbiz.de/10005406006

Enterprise Formation and Labor Market Institutions

Kanniainen, Vesa; Vesala, Timo - CESifo - 2000

The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...

Persistent link: https://www.econbiz.de/10005406064

Self-Selection and Advice in Venture Capital Finance

Keuschnigg, Christian; Nielsen, Søren Bo - CESifo - 2007

level and quality of entrepreneurship and the level of effort by entrepreneurs and venture capitalists. We also provide …

Persistent link: https://www.econbiz.de/10005406085

Should Continued Family Firms Face Lower Taxes than other Estates?

Strulik, Holger; Grossmann, Volker - CESifo - 2008

entrepreneurship. Here, we investigate analytically and quantitatively the trade-off between transaction costs saved and creative …

Persistent link: https://www.econbiz.de/10005406109

Entrepreneurship, Economic Risks, and Risk Insurance in the Welfare State: Results with OECD Data 1978-93

Ilmakunnas, Pekka; Kanniainen, Vesa - CESifo - 2000

shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and … labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect of public … production of private goods on entrepreneurship dominates the crowding-in effect of public production of public goods in the OECD …

Persistent link: https://www.econbiz.de/10005416460

Financing Entrepreneurial Firms in Europe: Facts, Issues, and Research Agenda

Bottazzi, Laura; Rin, Marco da - CESifo - 2003

During the latter part of the 1990s the introduction of the euro, the dramatic increase in the supply of venture capital in most EU countries, and the creation of several ‘new’ equity markets targeted at innovative firms have dramatically transformed the financing prospects of European...

Persistent link: https://www.econbiz.de/10005181296

Entrepreneurship in a Unionised Economy

Leppämäki, Mikko; Kanniainen, Vesa - CESifo - 2000

labor market institutions on entrepreneurship, wage determination, and firm size are analysed analytically and illustrated … numerically. The main result is that an increase in union power reduces the equilibrium rate of entrepreneurship and reduces the …

Persistent link: https://www.econbiz.de/10005181309