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We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework … describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial … highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …
Persistent link: https://www.econbiz.de/10002570545
Experiments in psychology, where subjects estimate confidence intervals to a series of factual questions, have shown that individuals report far too narrow intervals. This has been interpreted as evidence of overconfidence in the preciseness of knowledge, a potentially serious violation of the...
Persistent link: https://www.econbiz.de/10001790875
Entrepreneurship is largely ignored or treated in a highly simplified way in endogenous growth theory. Still, it is now … creation. This study consists of an in-depth examination of how the supply of productive entrepreneurship is likely to be … institutions have systematically reduced economic incentives both for opportunity-based and necessity entrepreneurship. Both …
Persistent link: https://www.econbiz.de/10001717909
William J. Baumol is the 2003 winner of the International Award for Entrepreneurship and Small Business Research …. Throughout his career Baumol has urged the profession to pay attention to the instrumental role of entrepreneurship in economic … analysis is extended to entrepreneurship. Hence, Baumol can be characterized as a revolutionary from within. In this article we …
Persistent link: https://www.econbiz.de/10001782478
-- Corporate control ; Corporate governance ; Corporatism ; Entrepreneurship ; Ownership policy ; Ownership structure …
Persistent link: https://www.econbiz.de/10001743437
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Using data from 17 countries that have suffered a currency crisis, this paper studies firm-level leverage and performance measures before and after a crisis has occurred. We show that in the years preceding a currency crisis, companies that are expected to benefit from currency depreciations...
Persistent link: https://www.econbiz.de/10001618120
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