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-tionship between firm performance and innovation, I estimate an error component model that controls for unobserved market …The article argues that IT continues to have strategic relevance for companies because it en-ables innovation. A … conceptual link between the adoption of IT and innovation is established. This conceptual link allows a market-based, economic …
Persistent link: https://www.econbiz.de/10005068778
This paper examines the performance of 358 European diversified equity mutual funds controlling for gender differences …. Fund performance is evaluated against funds' designated market indices and representative style portfolios. Consistently … with previous studies, no significant differences in performance and risk are found between female and male managed funds …
Persistent link: https://www.econbiz.de/10010658791
one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than …
Persistent link: https://www.econbiz.de/10008869171
research and draw some conclusions for entrepreneurship policy. …
Persistent link: https://www.econbiz.de/10009021842
discuss the implications for entrepreneurship policy that can be derived from our findings. …
Persistent link: https://www.econbiz.de/10009021843
The amendment to the German Trade and Crafts Code in 2004 offers a natural experiment to asses the causal effects of this reform on the probabilities of being self-employed and transition into and out of self-employment, using cross-sections (2002-2006) of German microcensus data. This study...
Persistent link: https://www.econbiz.de/10008671251
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...
Persistent link: https://www.econbiz.de/10008765038
This study investigates the impact of foreign bank penetration in Central and Eastern Europe on firm entry. We demonstrate that the acquisition of domestic banks by foreign investors has led to reduced firm creation, smaller average size of entrants and increased firm exit in opaque industries...
Persistent link: https://www.econbiz.de/10010661281
We assess the relevance of formal education for the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...
Persistent link: https://www.econbiz.de/10011128857
Germany experienced a unique rise in the level of self-employment in the first two decades following unification. Applying the non-linear Blinder-Oaxaca decomposition technique, we find that the main factors driving these changes in the overall level of self-employment are demographic...
Persistent link: https://www.econbiz.de/10011164333