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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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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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What is the Value of Entrepreneurship? A Review of Recent Research
Praag, Mirjam van; Versloot, Peter H. - Max-Planck-Institut für Ökonomik <Jena> - 2007
that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10005864522
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The Knowledge Spillover Theory of Entrepreneurship and Foreign Direct Investment
Acs, Zoltán J.; Brooksbank, David J.; O’Gorman, Colm; … - Max-Planck-Institut für Ökonomik <Jena> - 2007
We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …
Persistent link: https://www.econbiz.de/10005864527
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Serial Entrepreneurship: Differentiating Direct from Latent Re-entrants
Amaral, A. Miguel; Baptista, Rui - Max-Planck-Institut für Ökonomik <Jena> - 2007
importance of human capital in triggering serial entrepreneurship, but the kinds of experiences driving direct and latent serial …
Persistent link: https://www.econbiz.de/10005864568
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Born Loca l: Two Avenues to Internationalization
Acs, Zoltán J.; Terjesen, Siri - Max-Planck-Institut für Ökonomik <Jena> - 2007
Are firms born Global? Because knowledge spillovers that lead to new venture creation are geographically constrained we believe that firms are born local. It follows that the decision to create sustainable new ventures is independent from the decision to interna-tionalize, even if that is the...
Persistent link: https://www.econbiz.de/10005864585
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Self-Employment and Unemployment in Spanish Regions in the Period 1979-2001
Golpe, Antonio; Stel, Adriaan J. van - Max-Planck-Institut für Ökonomik <Jena> - 2007
This paper investigates the relation between changes in self-employment and changes in unemployment at the regional level in Spain in the period 1979-2001. We estimate a vec-tor autoregression model as proposed by Audretsch, Carree, van Stel and Thurik (2005) using a data base for Spanish...
Persistent link: https://www.econbiz.de/10005864586
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High Growth Entrepreneurs, Public Policies and Economic Growth
Stam, Erik; Suddle, Kashifa; Hessels, Jolanda; Stel, … - Max-Planck-Institut für Ökonomik <Jena> - 2007
economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the … that ambitious entrepreneurship contributes more strongly to macro-economic growth than entrepreneurial activity in general …. We find a particularly strong effect of high-expectation entrepreneurship for transition countries. These results are …
Persistent link: https://www.econbiz.de/10005864588
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What is an Entrepreneurial Opportunity?
McMullen, Jeffery S.; Plummer, Lawrence A.; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 2007
What an entrepreneurial opportunity is and from whence it comes are important issues for understanding how markets function and come into being.In addition to describing the forum held on the topic and summarizing the contributions of the articles that appear in the special issue, this article...
Persistent link: https://www.econbiz.de/10005864641