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Entrepreneurial success and failure: Confidence and fallible judgement

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2008

Excess entry – or the high failure rate of market-entry decisions – is often attributed to overconfidence exhibited by entreprene urs. We show analytically that whereas excess entry is an inevitable consequence of imperfect assessments of entrepreneurial skill, it does not imply...

Persistent link: https://www.econbiz.de/10005772370

Promoting rule compliance in daily-life: Evidence from a randomized field experiment in the public libraries of Barcelona

Apesteguia, Jose; Funk, Patricia; Iriberri, Nagore - Department of Economics and Business, Universitat … - 2010

We study how to promote compliance with rules in everyday situations. Having access to unique data on the universe of users of all public libraries in Barcelona, we test the effect of sending email messages with dierent contents. We find that users return their items earlier if asked to do so in...

Persistent link: https://www.econbiz.de/10008564760

Does foreign direct investment crowd out domestic entrepreneurship?

Backer, Koen de - Department of Economics and Business, Universitat … - 2002

In analyzing firm entry and exit across Belgian manufacturing industries, this paper presents evidence that import competition and foreign direct investment discourage entry and stimulate exit of domestic entrepreneurs. These results are in line with theoretical occupational choice models that...

Persistent link: https://www.econbiz.de/10005704942

Entrepreneurial risk, investment and innovation

Caggese, Andrea - Department of Economics and Business, Universitat … - 2006

In this paper I develop a general equilibrium model with risk averse entrepreneurial firms and with public firms. The model predicts that an increase in uncertainty reduces the propensity of entrepreneurial firms to innovate, while it does not affect the propensity of public firms to innovate....

Persistent link: https://www.econbiz.de/10005772208

Entrepreneurship, organization and economic performance among Spanish firms, 1930-1975. The case of the motor industry

Carreras, Albert; Triay, Salvador Estapé - Department of Economics and Business, Universitat … - 1998

, the efforts will be addressed to explain the development of Spanish entrepreneurship during the second half of the … twentieth century. To illustrate the change in entrepreneurship and organizational patterns among the Spanish firms during the …

Persistent link: https://www.econbiz.de/10005772517

Informational matching

Rendón, Silvio - Department of Economics and Business, Universitat … - 2002

This paper analyzes the problem of matching heterogeneous agents in a Bayesian learning model. One agent gives a noisy signal to another agent, who is responsible for learning. If production has a strong informational component, a phase of cross-matching occurs, so that agents of low knowledge...

Persistent link: https://www.econbiz.de/10005771999

Assessing technology-based spin-offs from university support units

Epure, Mircea; Prior, Diego; Serarols, Christian - Department of Economics and Business, Universitat … - 2011

This paper takes a regional studies approach to assess spin-offs from a university-based technology transfer network. We first detect the regional objectives, inputs and outputs needed to assess spin-offs from support programmes. We then provide evidence on regional mechanisms for firm creation....

Persistent link: https://www.econbiz.de/10010849637

Excess entry, ambiguity seeking and competence: An experimental investigation

Grieco, Daniela; Hogarth, Robin - Department of Economics and Business, Universitat … - 2004

Excess entry refers to the high failure rate of new entrepreneurial ventures. Economic explanations suggest 'hit and run' entrants and risk-seeking behavior. A psychological explanation is that people (entrepreneurs) are overconfident in their abilities (Camerer & Lovallo, 1999). Characterizing...

Persistent link: https://www.econbiz.de/10005772407

Clusters of entrepreneurship

Glaeser, Edward L.; Kerr, William R.; Ponzetto, Giacomo … - Department of Economics and Business, Universitat … - 2009

. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people. …

Persistent link: https://www.econbiz.de/10010630739

Demand for pharmaceutical drugs: A choice modelling experiment

Merino, Anna - Department of Economics and Business, Universitat … - 2003

Despite the importance of supplier inducement and brand loyalty in the drug purchasing process, little empirical evidence is to be found with regard to the influence that these factors exert on patients’ decisions. Under the new scenario of easier access to information, patients are becoming...

Persistent link: https://www.econbiz.de/10005704920

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