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We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the … commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10011272604
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011256370
claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10011257287
Prior research suggests that start-up costs and taxes negatively influence entry into entrepreneurship. Yet, no … distinction is made regarding the type of entrepreneurship, particularly innovative versus non-innovative entrepreneurship. Start … proportion of innovative entrepreneurs. Taxes, being recurring costs, may reduce the “prize” of innovation and the profit from …
Persistent link: https://www.econbiz.de/10011256086
Which signals are important in gaining attention in science? For a group of 1,371 scientific articles published in 17 … empirical analysis points out that, first, the reputation of journals plays an overriding role in gaining attention in science …
Persistent link: https://www.econbiz.de/10011257178
This discussion paper resulted in an article in <I>Management Science</I>. Volume 59 issue 7, pages 1514-1528.<P> This …
Persistent link: https://www.econbiz.de/10011272579
-averse peoplemight be suited to entrepreneurship; and it may also help explain why prior researchhas generated mixed evidence about the … effects of risk aversion on selection into entrepreneurship. …
Persistent link: https://www.econbiz.de/10011255496
There is no robust empirical support for the effect of financial incentives on the decision to work in selfemploymentrather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on theopportunity cost, i.e. the wages given up as an employee. Information on income...
Persistent link: https://www.econbiz.de/10011255541
This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...
Persistent link: https://www.econbiz.de/10011255653
See also the publication in <I>Small Business Economics</I> (2013), 40(3), 651-670.<P> Job satisfaction of self-employed and paid-employed workers is analyzed using the European Community Household Panel for the EU-15 covering the years 1994-2001. We distinguish between two types of job satisfaction, i.e....</p></i>
Persistent link: https://www.econbiz.de/10011255751