capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … if the entrepreneur enjoys private benefits from staying an independent manager in the firm after the exit of the venture …

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 …

game condition. Meanwhile, humans are known to show a social stress response during face-to-face social interactions, which … might affect economic behaviors. Furthermore, it is known that there are individual differences in a social stress response … capacities of social memory. In the present study, we investigated the acute effects of social stress- induced free cortisol (a …

This paper examines the impact of maternal employment during a child’s first three years and during adolescence on his … adolescence is correlated with increased involvement in risky activities. …

.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. …