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Demography and Innovative Entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005864516
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Can Institutional Change Impact High-Technology Firm Growth?: Evidence from Germany's Neuer Markt
Elston, Julie Ann; Audretsch, David B. - Max-Planck-Institut für Ökonomik <Jena> - 2004
To facilitate the transformation of the German economy from the traditional manufacturing industries towards emerging new technologies, a new segment of the Frankfurt exchange was introduced in 1997 - Der Neue Markt. This study provides evidence that not only did many new firms obtain funding...
Persistent link: https://www.econbiz.de/10005865223
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Total factor productivity and the role of entrepreneurship
Erken, Hugo; Donselaar, Piet; Thurik, Roy - Max-Planck-Institut für Ökonomik <Jena> - 2008
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10005864502
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The Process of Creative Construction:Knowledge Spillovers,Entrepreneurship and Economic Growth
Agarwal, Rajshree; Audretsch, David; Sarkar, MB - Max-Planck-Institut für Ökonomik <Jena> - 2008
underlyingmechanism of knowledge spillover strategic entrepreneurship whereby knowledgeinvestments by existing organizations, when coupled …
Persistent link: https://www.econbiz.de/10005864509
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Entrepreneurship and Innovation Policy
Stam, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2008
What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper … starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an … overview of theory and empirical research on the relation between entrepreneurship, innovation and economic growth. The paper …
Persistent link: https://www.econbiz.de/10005864511
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Creating Strategic Advantage through EntrepreneurialGovernance in New Ventures
Audretsch, David B.; Lehmann, Erik; Plummer, Lawrence A. - Max-Planck-Institut für Ökonomik <Jena> - 2007
An important literature has made a fundamental link between corporate governanceand corporate strategy. According to agency theory, assigning managersstock options aligns their interests with the interests of the owners of the firm.This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10005864514
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Democratic Capitalism and Philanthropy in a Global Economy
Acs, Zoltán J.; Desai, Sameeksha - Max-Planck-Institut für Ökonomik <Jena> - 2007
from the application of what has been a primarily American institution: Philanthropy. We present the Entrepreneurship …
Persistent link: https://www.econbiz.de/10005864533
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Building a Better Rat Trap : Technological Innovation, Human Capital and the Irula
Terjesen, Siri - Max-Planck-Institut für Ökonomik <Jena> - 2007
relationship between human capital and technological entrepreneurship, considering the knowledge and skills required to …
Persistent link: https://www.econbiz.de/10005864582
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An Empirical Relationship between Entrepreneurship and FDI. A Note.
Georgiou, Miltiades N. - Max-Planck-Institut für Ökonomik <Jena> - 2006
relationshiop between the foreign direct investment [FDI] an total economy's entrepreneurship reward. This note is baded mainly on …
Persistent link: https://www.econbiz.de/10005864731
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Entrepreneurship, Growth and Restructuring
Audretsch, David B.; Keilbach, Max - Max-Planck-Institut für Ökonomik <Jena> - 2006
Economic growth has been a major preoccupation of economists, dating back at least to Adam Smith. William Stanley Jevons, for example, posited a growth theory based on the activity of sunspots. Robert Solow took a less exotic approach to explaining economic growth...
Persistent link: https://www.econbiz.de/10005864960