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The entrepreneur is an elusive character in economic theory due to the difficulty of providing an accurate description. It appears impossible to produce a single definition of entrepreneurship and most theoretical approaches yield operational difficulties. By the same token, most operational...
Persistent link: https://www.econbiz.de/10005644970
influence on each other. We regard creativity as one of the sources of entrepreneurship and innovation (although creativity also … and values being distributed in them, social capital can promote entrepreneurship and innovation and thus economic growth …, but social capital can have an inhibiting effect on entrepreneurship and innovation. Social capital can contribute to …
Persistent link: https://www.econbiz.de/10010818716
stock market financing lead to substantially higher long-run rates of R&D investment, particularly in small firms, but are … unimportant for fixed capital investment. Credit market development has a modest impact on fixed investment but no impact on R …
Persistent link: https://www.econbiz.de/10011124341
This paper studies the impact of remittances on investment. Workers’ remittances to developing countries have grown to … investment in the home countries of the migrants. The importance of financial and institutional framework in the receiving … institutional framework and well developed credit market increase investment. However, it is also found that the marginal importance …
Persistent link: https://www.econbiz.de/10008626057
studies in the evaluation of firms’ investment performance has shown significant differences in the valuation of firms …’ investment performance, the existing empirical evidence suggest that institutional owners have a positive influence on firms …’ investment performance. Studies that looks at the role of institutional owners from the perspective of dividend policy has shown …
Persistent link: https://www.econbiz.de/10008546347
This paper examines how ownership concentration affects investment performance, and in particular how deviations from …
Persistent link: https://www.econbiz.de/10005644900
In a frictionless milieu retentions should have no impact on investment behavior. However, empirical studies typically … find that retentions are an important determinant of investment. Managerial discretion and financial constraints are two … of retentions as a determinant of investment. Measures of Tobin’s Q, marginal q and sales accelerator are used to control …
Persistent link: https://www.econbiz.de/10005644962
investments decided by the management. Empirical studies of investment and performance based on marginal q have demonstrated the … market bubble. We find an anomaly in form of a new industry specific effect that, in addition to investment, explains changes …
Persistent link: https://www.econbiz.de/10005644963
. Implementing a dynamic panel data approach on Swedish micro data, we test the separate and complementary effect of innovation and … innovators, temporary innovators and non-innovators. The results are consistent regardless of whether innovation efforts are …
Persistent link: https://www.econbiz.de/10010885284
In this paper we analyze how firms’ knowledge absorption capacity – given the knowledge environment – affects the development, adoption and introduction of new export products among Swedish manufacturing firms. Our model formulation builds on theoretical arguments which imply that firms...
Persistent link: https://www.econbiz.de/10010885285