Showing 1 - 10 of 7,683
Why do levels of entrepreneurship differ across America's cities? This paper presents basic facts on two measures of … entrepreneurship: the self-employment rate and the number of small firms. Both of these measures are correlated with urban success … entrepreneurship is linked to a large number of small firms in supplying industries. Finally, there is a strong connection between area …
Persistent link: https://www.econbiz.de/10012465095
Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014322738
Persistent link: https://www.econbiz.de/10001568526
Persistent link: https://www.econbiz.de/10001582639
The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...
Persistent link: https://www.econbiz.de/10012479834
soliciting the current client in the event of termination of employment. The socially optimal level of entrepreneurship will … are too restrictive and produce too little entrepreneurship, and governments can increase welfare by limiting enforcement …
Persistent link: https://www.econbiz.de/10012462718
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment … dedicated to the geography of entrepreneurship. The paper frames the core questions facing researchers interested in assessing … the local causes and consequences of entrepreneurship, perturbs a core urban model to incorporate entrepreneurship, and …
Persistent link: https://www.econbiz.de/10012463113
entrepreneurship which identifies survival with performance. Instead, many entrepreneurs aim for a cash-out (IPO or acquisition …
Persistent link: https://www.econbiz.de/10012463117
Entrepreneurs face significant non-diversifiable business risks. We build a dynamic incomplete markets model of entrepreneurial finance to demonstrate the important implications of nondiversifiable risks for entrepreneurs' interdependent consumption, portfolio allocation, financing, investment,...
Persistent link: https://www.econbiz.de/10012463800
aversion, higher initial assets, preferences for entrepreneurship over employment, and optimistic beliefs about the payoffs …
Persistent link: https://www.econbiz.de/10012464428