Showing 1 - 10 of 12
We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...
Persistent link: https://www.econbiz.de/10005209489
We apply theories of capital market failure to ana1yze
Persistent link: https://www.econbiz.de/10005209498
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated the impacts both of risk aversion and balanced skills...
Persistent link: https://www.econbiz.de/10009399735
This paper first documents the increase in the time lag with which labor input reacts to output fluctuations ("the labor adjustment lag") that is visible in US data since the mid-1980s. We show that a lagged labor adjustment response is optimal in a setting where there is uncertainty about the...
Persistent link: https://www.econbiz.de/10004964451
We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...
Persistent link: https://www.econbiz.de/10005137104
Why do people leave high-income countries with extensive welfare states? This article will examine what underlies the emigration intentions of native-born inhabitants of one industrialized country in particular: the Netherlands. To understand emigration from high-income countries we focus not...
Persistent link: https://www.econbiz.de/10005137297
Nobel laureates in economics make their most important and creative contributions
Persistent link: https://www.econbiz.de/10005504895
We analyze how HIV-knowledge influences condom use across the sexes. The empirical work is based on a household survey … questions on knowledge of the existence of HIV, HIV prevention, HIV stigma, intended pregnancy, and risk perceptions of engaging … in unprotected sex. We observe a large HIV knowledge gap between males and females. Moreover, across the sexes different …
Persistent link: https://www.econbiz.de/10008867503
creation of new ideas, knowledge spillovers, entrepreneurship, and economic growth. In this paper we measure the impact of the … data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …
Persistent link: https://www.econbiz.de/10009201123
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …
Persistent link: https://www.econbiz.de/10005137206