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The Entrepreneur's Mode of Entry: Business Takeover or New Venture Start?

Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Institute - 2006

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

Capital Market Failure, Adverse Selection and Equity Financing of Higher Education

Jacobs, Bas; Wijnbergen, Sweder J.G. van - Tinbergen Institute - 2005

We apply theories of capital market failure to ana1yze

Persistent link: https://www.econbiz.de/10005209498

Risk, Balanced Skills and Entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Institute - 2011

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

Imperfect Information, Lagged Labor Adjustment and the Great Moderation

Willems, Tim; Wijnbergen, Sweder van - Tinbergen Institute - 2009

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

Optimal Taxation of Human Capital and Credit Constraints

Jacobs, Bas - Tinbergen Institute - 2002

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

The Value of an Educated Population for an Individual's Entrepreneurship Success

Millan, Jose Maria; Congregado, Emilio; Roman, Concepcion; … - Tinbergen Institute - 2011

. The value of other input factors, such as (knowledge) capital and labor is likely to be affected by the education level of … and/or higher quality universities with a positive effect on research and development (R&D) and knowledge spillovers …

Persistent link: https://www.econbiz.de/10008916007

The More Business Owners the Merrier? The Role of Tertiary Education

Praag, Mirjam van; Stel, Andre van - Tinbergen Institute - 2011

Policy in developed countries is often based on the assumption that higher business ownership rates induce economic value. Recent microeconomic empirical evidence casts doubts on the validity of this assumption or, at least, leads to a more nuanced view: Especially the top performing business...

Persistent link: https://www.econbiz.de/10009147077

Gender Differences, HIV Risk Perception and Condom Use

Lammers, Judith; Wijnbergen, Sweder van; Willebrands, Daan - Tinbergen Institute - 2011

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

Immigration and Innovation in European Regions

Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Tinbergen Institute - 2011

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

What is the Value of Entrepreneurship? A Review of Recent Research

Praag, C. Mirjam van; Versloot, Peter H. - Tinbergen Institute - 2007

answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …

Persistent link: https://www.econbiz.de/10005137206