Showing 1 - 10 of 176
This paper investigates, both theoretically and empirically, the implications that complementary assets needed for the formation of start-ups – proxied by the ease of access to financial resources – have on the innovative efforts of incumbent firms. In particular, we develop a theoretical...
Persistent link: https://www.econbiz.de/10010634114
We investigate whether people are more willing to become self-employed during boom periods or during recessions and to what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany reveals that there is a positive relationship between...
Persistent link: https://www.econbiz.de/10011271986
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firm characteristics are more important than personal characteristics of the founders for explaining young firms'...
Persistent link: https://www.econbiz.de/10009403382
companies that create jobs, while the smaller companies are contributing much less. Or is it the young companies that create … jobs? And who destroys the most jobs? In the crisis Denmark lost 186,000 jobs in the private sector. The question is where … and how could these jobs be recreated. Are these issues specific to industries or are they universal? The data used is …
Persistent link: https://www.econbiz.de/10008804588
This paper analyzes the mobility between self-employment, wage employment and non-employment. Using data for men in West Germany, we find strong true state dependence in all three states. Moreover, compared to wage employment, non-employment increases the probability of self-employment...
Persistent link: https://www.econbiz.de/10005822120
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10005822242
We analyse a three-year panel data set of Russian firms spanning from 2000 to 2002 and we investigate the effect of regional institutional and economic factors on entry rates across time, industries and regions. The paper builds on a novel database and exploits inter-regional variation in a...
Persistent link: https://www.econbiz.de/10005822293
Only a few large, nationally-representative datasets include information on both the owner and the business. We briefly describe several of the most respected and up-to-date sources of data on entrepreneurs, the self-employed, and small businesses. More information including estimates of recent...
Persistent link: https://www.econbiz.de/10005822482
This paper analyzes the impact of a leading entrepreneurship education program on college students’ entrepreneurship competencies and intentions using an instrumental variables approach in a difference-in-differences framework. We exploit that the program was offered to students at one...
Persistent link: https://www.econbiz.de/10005822502
Using confidential and restricted-access microdata from the U.S. Census Bureau, we find that Asian-owned businesses are 16.9 percent less likely to close, 20.6 percent more likely to have profits of at least $10,000, and 27.2 percent more likely to hire employees than whiteowned businesses in...
Persistent link: https://www.econbiz.de/10005822570