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Signaling and Employer Learning with Instruments

Aryal, Gaurab - 2019

The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...

Persistent link: https://www.econbiz.de/10012479834

Client-Based Entrepreneurship

Rauch, James E. - 2010

soliciting the current client in the event of termination of employment. The socially optimal level of entrepreneurship will … are too restrictive and produce too little entrepreneurship, and governments can increase welfare by limiting enforcement …

Persistent link: https://www.econbiz.de/10012462718

Urban Economics and Entrepreneurship

Glaeser, Edward L. - 2009

Research on entrepreneurship often examines the local dimensions of new business formation. The local environment … dedicated to the geography of entrepreneurship. The paper frames the core questions facing researchers interested in assessing … the local causes and consequences of entrepreneurship, perturbs a core urban model to incorporate entrepreneurship, and …

Persistent link: https://www.econbiz.de/10012463113

Cash-out or flame-out! Opportunity cost and entrepreneurial strategy : Theory, and evidence from the information security industry

Arora, Ashish - 2009

entrepreneurship which identifies survival with performance. Instead, many entrepreneurs aim for a cash-out (IPO or acquisition …

Persistent link: https://www.econbiz.de/10012463117

Entrepreneurial Finance and Non-diversifiable Risk

Chen, Hui - 2009

Entrepreneurs face significant non-diversifiable business risks. We build a dynamic incomplete markets model of entrepreneurial finance to demonstrate the important implications of nondiversifiable risks for entrepreneurs' interdependent consumption, portfolio allocation, financing, investment,...

Persistent link: https://www.econbiz.de/10012463800

The Burden of the Nondiversifiable Risk of Entrepreneurship

Hall, Robert E. - 2008

aversion, higher initial assets, preferences for entrepreneurship over employment, and optimistic beliefs about the payoffs …

Persistent link: https://www.econbiz.de/10012464428

University Invention, Entrepreneurship, and Start-Ups

Chukumba, Celestine - 2005

This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start-up firm rather than an established firm. The model predicts that university inventions are more likely to occur in start-ups when the technology transfer officers (TTOs) search cost...

Persistent link: https://www.econbiz.de/10012467204

Taxes and Entrepreneurial Activity : Theory and Evidence for the U.S

Gordon, Roger H. - 2002

Entrepreneurial activity is presumed to generate important spillovers, potentially justifying tax subsidies. How does the tax law affect individual incentives? How much of an impact has it had in practice? We first show theoretically that taxes can affect the incentives to be an entrepreneur due...

Persistent link: https://www.econbiz.de/10012469698

Entrepreneurship in International Trade

Rauch, James E. - 2002

entrepreneurship, and use it for comparative statics and welfare analysis. One welfare conclusion is that intermediaries may have …

Persistent link: https://www.econbiz.de/10012470007

Tax Policy, Venture Capital, and Entrepreneurship

Keuschnigg, Christian - 2000

an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …

Persistent link: https://www.econbiz.de/10012470760