Showing 1 - 10 of 33
results imply that entrepreneurs react to tax incentives along both real and avoidance margins, while the latter elasticity is …
Persistent link: https://www.econbiz.de/10010877859
conferred by time zone differences. We emphasize the role of the entrepreneurs, who decide how to produce business services (i … zone differences. We also show that in the presence of moving costs for entrepreneurs, technological improvements and the …
Persistent link: https://www.econbiz.de/10008572526
Nationwide school choice and fixed per-student governmental funding provide incentives for Dutch schools to perform well. Roughly one third of Dutch pre-university schools are of catholic denomination. Acknowledging this widely available outside option to public and other schools, this paper...
Persistent link: https://www.econbiz.de/10004979417
opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …
Persistent link: https://www.econbiz.de/10010877680
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010877694
A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … entrepreneurship and a different measure of wealth – net housing equity – for the two groups. Second, we examine the liquidity …
Persistent link: https://www.econbiz.de/10010877695
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10010877893
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
Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate …
Persistent link: https://www.econbiz.de/10010948873
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance …
Persistent link: https://www.econbiz.de/10010607007