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-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …
Persistent link: https://www.econbiz.de/10005413189
geographically and function-ally. They promoted rapid innovation by resorting to systematic Research and Development ef- forts. And … innovation in the econ-omy. Hence, to the extent that policy makers strive to achieve the priorities of citizens, they are …
Persistent link: https://www.econbiz.de/10005413293
The formulation of a competitive strategy implies an extended understanding, in terms of the industrial structures, of the mains fields where the nations compete and those structures evolve. The environmental conditions of a region, and of its industries, determine both the generic strategies,...
Persistent link: https://www.econbiz.de/10005118851
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
.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
This paper examines a particular aspect of entrepreneurship, namely firms' activities in adapting to idiosyncratic …
Persistent link: https://www.econbiz.de/10005126425
Short explanation of Schumpeter's concepts of dynamics, innovations and entrepreneurship. It is argued, that …
Persistent link: https://www.econbiz.de/10005062408
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
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
Why do people become part-time entrepreneurs? Are they credit constrained? Previous studies on entrepreneurship do not …
Persistent link: https://www.econbiz.de/10005413242