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Chakraborty, Shankha; Thompson, Jon; Yehoue, Etienne - Volkswirtschaftliche Fakultät, … - 2014

We study the cultural process through which a society inculcates an entrepreneurial spirit. People work for a guaranteed wage or operate a firm whose return depends on business expertise. The latter is culturally acquired, within the family or outside, and people may choose an occupation...

Persistent link: https://www.econbiz.de/10011108809

Balanced skills among nascent entrepreneurs

Stuetzer, Michael; Obschonka, Martin; Schmitt-Rodermund, Eva - Volkswirtschaftliche Fakultät, … - 2012

This paper examines the effects and origins of balanced skills among nascent entrepreneurs. In a first step we apply Lazear’s jack-of-all-trades theory to investigate performance effects of a balanced skill set. Second, we investigate potential sources of balanced skills, thereby testing the...

Persistent link: https://www.econbiz.de/10011260930

A Matching Model of Endogenous Growth and Underground Firms

Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2015

Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...

Persistent link: https://www.econbiz.de/10011212957

Education, social capital and entrepreneurial selection in Italy

Ferrante, Francesco; Sabatini, Fabio - Volkswirtschaftliche Fakultät, … - 2007

taking the relevant risky decisions. Discovery and exploitation are separate but interlinked features of entrepreneurship … studies on entrepreneurship do not offer a neat picture of the actual contribution of education to entrepreneurial human … depth analysis of the determinants of entrepreneurship in Italy, thus accounting for the role that variables like the …

Persistent link: https://www.econbiz.de/10005836859

Why do Employees Leave Their Jobs for Self-Employment? – The Impact of Entrepreneurial Working Conditions in Small Firms

Werner, Arndt; Moog, Petra - Volkswirtschaftliche Fakultät, … - 2009

Based on the finding that entrepreneurs who found new firms tend to work as employees of small rather than large firms prior to start-up, we test how different working conditions, which enhance entrepreneurial learning, affect their decision to become entrepreneurs when moderated by firm size....

Persistent link: https://www.econbiz.de/10008540973

Dezvoltarea şi perfecţionarea relaţiei inovaţie – capital intelectual – cerinţă a performanţei organizaţionale în firmele româneşti

Rizea; Carmen, Ionela - Volkswirtschaftliche Fakultät, … - 2011

In a knowledge economy, innovation is the competitiveness key and the acquisition and dissemination of knowledge in social systems is the result of collaboration between individuals and communities of interest. Managers can not measure the innovative capacity of the organization, but they may...

Persistent link: https://www.econbiz.de/10009004136

Use and Abuse of Authority

Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - Volkswirtschaftliche Fakultät, … - 2012

Employment contracts give a principal the authority to decide flexibly which task his agent should execute. However, there is a tradeoff, first pointed out by Simon (1951), between flexibility and employer moral hazard. An employment contract allows the principal to adjust the task quickly to...

Persistent link: https://www.econbiz.de/10011140971

Parchment, guns, and the problem of governance

Garzarelli, Giampaolo; Holian, Matthew J. - Volkswirtschaftliche Fakultät, … - 2011

The genuine problem of governance is one that pays equal attention to both incentive and knowledge issues in private and public contexts. This work brings together Austrian, Public Choice and theory of the firm insights to address such problem. By taking into account incentives and knowledge, it...

Persistent link: https://www.econbiz.de/10011111830

Investments in physical capital, relationship-specificity, and the property rights approach

Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2013

We reconsider the property rights approach to the theory of the firm based on incomplete contracts. We explore the implications of different degrees of relationship-specificity when there are two parties, A and B, who can make investments in physical capital (instead of human capital). If...

Persistent link: https://www.econbiz.de/10011112525

How to estimate the model of sustainable profit and corporate social responsibility

Suriya, Komsan; Sudtasan, Tatcha - Volkswirtschaftliche Fakultät, … - 2014

This paper proposes an empirical method to estimate the model of sustainable profit and corporate social responsibility originated by Sudtasan and Suriya (2013). It suggests analysts to use data from official financial statements of companies which may be reported to the Stock Exchange in a...

Persistent link: https://www.econbiz.de/10011113180