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The Austrian Theory of the Marginal Use And of Ordinal Marginal Utility
McCulloch, J. Huston - 1977
The Austrian theory of the "marginal use" is restated and extended. It is found that the Austrian concept of marginal …
Persistent link: https://www.econbiz.de/10012478959
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Gender Diversity in Academic Entrepreneurship : Social Impact Motives and the NSF I-Corps Program
Burrage, April; Dasgupta, Nilanjana; Ganguli, Ina - National Bureau of Economic Research - 2024
This study examines gender differences in the social impact and commercial motives for academic entrepreneurship using … the National Science Foundation's Innovation Corps (NSF I-Corps) program. I-Corps provides experiential entrepreneurship … are more interested in pursuing commercialization and entrepreneurship activities when they are tackling societal problems …
Persistent link: https://www.econbiz.de/10015056211
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Entrepreneurship as Experimentation
Kerr, William R. - 2014
Entrepreneurship research is on the rise but many questions about its fundamental nature still exist. We argue that … entrepreneurship is about experimentation: the probabilities of success are low, extremely skewed and unknowable until an investment is …
Persistent link: https://www.econbiz.de/10012458309
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Blockchain for Timely Transfer of Intellectual Property
Cai, Dongling; Qian, Yi; Ning, Nan - National Bureau of Economic Research - 2023
This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by streamlining the licensing process of intellectual property (IP). It notes that in the traditional world, there can be a tension between inventors and developers when it comes to...
Persistent link: https://www.econbiz.de/10014226110
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A Schumpeterian Model of Top Income Inequality
Jones, Charles I. - 2014
Top income inequality rose sharply in the United States over the last 35 years but increased only slightly in economies like France and Japan. Why? This paper explores a model in which heterogeneous entrepreneurs, broadly interpreted, exert effort to generate exponential growth in their incomes....
Persistent link: https://www.econbiz.de/10012458028
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Cross-Sectoral Variation in The Volatility of Plant-Level Idiosyncratic Shocks
Castro, Rui - 2011
We estimate the volatility of plant-level idiosyncratic shocks in the U.S. manufacturing sector. Our measure of volatility is the variation in Revenue Total Factor Productivity which is not explained by either industry- or economy-wide factors, or by establishments' characteristics. Consistent...
Persistent link: https://www.econbiz.de/10012460998
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Capital Gains Taxation in an Economy with an "Austrian Sector"
Kovenock, Daniel J. - 1981
This paper examines the effects of a proportional capital gains tax in an economy with an Austrian sector (with wine and trees) and an ordinary sector. We analyze the effect of capital gains taxation (on both an accrual and a realization basis) on the efficiency with which resources are used...
Persistent link: https://www.econbiz.de/10012478357
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The Labor Market Impacts of Technological Change : From Unbridled Enthusiasm to Qualified Optimism to Vast Uncertainty
Autor, David H. - National Bureau of Economic Research - 2022
This review considers the evolution of economic thinking on the relationship between digital technology and inequality across four decades, encompassing four related but intellectually distinct paradigms, which I refer to as the education race, the task polarization model, the...
Persistent link: https://www.econbiz.de/10013210102
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A Theory of Visionary Disruption
Gans, Joshua - National Bureau of Economic Research - 2022
Exploitation of disruptive technologies often requires resource deployment that creates conflict if there are divergent beliefs regarding the efficacy of a new technology. This arises when a visionary agent has more optimistic beliefs about a technological opportunity. Exploration in the form of...
Persistent link: https://www.econbiz.de/10013210119
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Immigrant Entrepreneurship : New Estimates and a Research Agenda
Chodavadia, Saheel; Pekkala Kerr, Sari; Kerr, William R.; … - National Bureau of Economic Research - 2024
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new … employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of …
Persistent link: https://www.econbiz.de/10014544679