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Botelho, Tristan L.; Fehder, Daniel; Hochberg, Yael V. - National Bureau of Economic Research - 2021

Entrepreneurship is thought to be a key driver of economic growth. While there are myriad forms of entrepreneurship … research provides evidence that the relationship between entrepreneurship and economic growth is driven not by overall quantity …-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …

Persistent link: https://www.econbiz.de/10012599280

Management Ownership and Corporate Performance : An Empirical Analysis

Morck, Randall - 1986

We investigate the relation between management ownership and corporate performance, as measured by Tobin's Q. In a cross-section of Fortune 500 firms, Tobin's Q first increases and then declines as board of directors holdings rise. For older firms there is weak evidence that Q is lower when a...

Persistent link: https://www.econbiz.de/10012477014

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe - 2006

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries--incumbents in technologically advanced industries react positively to foreign firm entry, but not in laggard industries. To explain this...

Persistent link: https://www.econbiz.de/10012466642

Economic Impacts of Unionization on Private Sector Employers : 1984-2001

DiNardo, John - 2004

Economic impacts of unionization on employers are difficult to estimate in the absence of large, representative data on establishments with union status information. Estimates are also confounded by selection bias, because unions could organize at highly profitable enterprises that are more...

Persistent link: https://www.econbiz.de/10012468095

Education for Innovation : Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements

Baumol, William J. - 2004

This paper explores the following hypotheses on the appropriate education for innovating entrepreneurship: a …

Persistent link: https://www.econbiz.de/10012468115

Institutions, Capital Constraints and Entrepreneurial Firm Dynamics : Evidence from Europe

Desai, Mihir - 2003

We explore the impact of the institutional environment on the nature of entrepreneurial activity across Europe. Political, legal, and regulatory variables that have been shown to impact capital market development influence entrepreneurial activity in the emerging markets of Europe, but not in...

Persistent link: https://www.econbiz.de/10012468529

The State of American Entrepreneurship : New Estimates of the Quantity and Quality of Entrepreneurship for 15 US States, 1988-2014

Guzman, Jorge - 2016

entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI …, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort …

Persistent link: https://www.econbiz.de/10012456579

Nowcasting and Placecasting Entrepreneurial Quality and Performance

Guzman, Jorge - 2015

A central challenge in the measurement of entrepreneurship is accounting for the wide variation in entrepreneurial … quality distribution. Second, we propose two new economic statistics for the measurement of entrepreneurship: the … Entrepreneurship Quality Index (EQI) and the Regional Entrepreneurship Cohort Potential Index (RECPI). We use these indices to offer a …

Persistent link: https://www.econbiz.de/10012457712

Serial Entrepreneurship : Learning by Doing?

Lafontaine, Francine - 2014

in operation. The data show that serial entrepreneurship is relatively uncommon in retail trade. Of the almost 2 …

Persistent link: https://www.econbiz.de/10012458354