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Entrepreneurship and Economic Growth: An Obvious Conjunction?
DEJARDIN, Marcus - EconWPA - 2001
This paper consists of an introductory survey of two fundamental questions regarding the link between entrepreneurship … and economic growth. The first one deals with the endogenous relationship between entrepreneurship and growth. In … particular, we suggest that, while more entrepreneurship could mean more economic growth, economic growth in turn could affect …
Persistent link: https://www.econbiz.de/10005118761
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Geneses of labour market turnover: Job search and entrepreneurial aspirations on-the-job
Hyytinen, Ari; Ilmakunnas, Pekka - EconWPA - 2005
In this paper we study the labour market behavior of employed individuals that have entrepreneurial aspirations in addition to aspirations to switch job. We analyze empirically these two “search processes” side-by-side and report three main findings: First, neither entrepreneurial...
Persistent link: https://www.econbiz.de/10005125777
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Entrepreneurial Efficiency: Theory
Takii, Katsuya - EconWPA - 2004
.e., their prediction ability), and derives an aggregate production function as a result of entrepreneurship. An increase in … affects the total factor productivity (TFP) of an economy, the model can explain how entrepreneurship influences TFP. …
Persistent link: https://www.econbiz.de/10005126334
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Entrepreneurial Efficiency: An Empirical Framework and Evidence
Takii, Katsuya - EconWPA - 2004
This paper examines a particular aspect of entrepreneurship, namely firms' activities in adapting to idiosyncratic …
Persistent link: https://www.econbiz.de/10005126425
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INOVATIONS - ENTREPRENEURSHIP - CREDIT in the Theory of  J.A. Schumpeter
Kyn, Oldrich - EconWPA - 2005
Short explanation of Schumpeter's concepts of dynamics, innovations and entrepreneurship. It is argued, that …
Persistent link: https://www.econbiz.de/10005062408
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New Trade Theory Takes Over Monetary Theory
Gani, M - EconWPA - 2004
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
Persistent link: https://www.econbiz.de/10005408069
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Investor protection and business creation
Hyytinen, Ari; Takalo, Tuomas - EconWPA - 2004
We study the effects of investor protection on the availability of external finance, entrepreneurship, and creation of … surplus between entrepreneurs and financiers. The results indicate that anything that increases (decreases) entrepreneurship …
Persistent link: https://www.econbiz.de/10005413115
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INNOVATION AND VENTURE CAPITAL EXITS
SCHWIENBACHER, Armin - EconWPA - 2001
This paper addresses the choice between different exit routes of venture capitalists for a project yielding a quality-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their effects on the optimal exit strategy and on...
Persistent link: https://www.econbiz.de/10005413189
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Part-Time Entrepreneurship and Wealth Effects: New Evidence from the Panel Study of Entrepreneurial Dynamics
Petrova, Kameliia - EconWPA - 2005
Why do people become part-time entrepreneurs? Are they credit constrained? Previous studies on entrepreneurship do not …
Persistent link: https://www.econbiz.de/10005413242
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Equality of Demand and Supply Neither Determines Price Nor Clears the Market
Gani, Mohammad - EconWPA - 2004
The belief that equality of demand and supply determines price and clears the market is universal. Shockingly, this belief is unfounded. It contradicts macro’s claim that equality of demand and supply determines output. It contradicts (new) monetary theory, which claims that equality of demand...
Persistent link: https://www.econbiz.de/10005413280