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Several surveys on intra-industry dynamics have recently reached the conclusion from a large body of evidence that Gibrat's Law does not hold, i.e., the main finding is that firm growth decreases with firm size. However, almost all of these studies have been based on manufacturing. In this paper...
Persistent link: https://www.econbiz.de/10005137253
address the issue of entrepreneurship in two distinct ways: a) as it has historically developed within the field of economics … and b) as it develops in the transitional context. In contrast to advanced western economies, productive entrepreneurship … entrepreneurship for transition countries. By means of a literature survey, we further present the main characteristics of …
Persistent link: https://www.econbiz.de/10005209447
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
This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...
Persistent link: https://www.econbiz.de/10005209500
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10005016255
We model the emergence of organization forms in a game between prospective entrepreneurs. Complementary roles arise endogenously in a way that admits a stable assignment of workers to firms. This contrasts with existing work on job matching, where stability typically requires workers to be...
Persistent link: https://www.econbiz.de/10005016278
knowledge based entrepreneurial activity. Second, knowledge based entrepreneurship positively affects regional economic … particular, our results suggest that innovation efforts have an indirect effect on economic performance via entrepreneurship …
Persistent link: https://www.econbiz.de/10005144397
In the present paper we address the relationship between the extent of business ownership (self-employment) and economic development. We will focus upon three issues. First, how is the equilibrium rate of business ownership related to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10005144445
This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and … entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …
Persistent link: https://www.econbiz.de/10005144501
This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …
Persistent link: https://www.econbiz.de/10005144558