Showing 1 - 10 of 198
Human capital is known to be one of the most important predictors of a person's earnings. With regard to entrepreneurial success, founders' human capital is an important determinant of firm's employment growth as well. This paper investigates if the depreciation of a founder's academic knowledge...
Persistent link: https://www.econbiz.de/10008533671
Using German firm-level data, an endogenous switching regression model within a production function framework is estimated in order to explore differences in labor productivity between IT outsourcing and non-IT outsourcing firms. This approach takes possible complementarities between IT...
Persistent link: https://www.econbiz.de/10005097623
The question whether agglomeration externalities arise either from specialization or diversification of economic … the specialization of skills has a positive effect on the level on new firm entry in all sectors. In contrast to this, our … results for Germany reveal exactly the opposite effect. These results suggest that both specialization and diversity theories …
Persistent link: https://www.econbiz.de/10008533679
Firms invest huge amounts into intangible assets. This paper explores to which extent different kinds of intangible assets are conducive to firm-level productivity. Our study contributes to the literature by simultaneously comparing productivity effects of innovative capital, human capital,...
Persistent link: https://www.econbiz.de/10011122562
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...
Persistent link: https://www.econbiz.de/10005097804
The paper provides empirical evidence for the question whether firms' ITenabled labour productivity is affected by the age structure of the workforce. We apply a production function approach with heterogenous labour to firmlevel data from German manufacturing and services industries. We find...
Persistent link: https://www.econbiz.de/10005098152
Outsourcing is widely associated with accompanied job losses in the outsourcing firm, at least in the short run. However, the medium and long run effects of outsourcing on employment growth might still be positive. This paper particularly focuses on IT outsourcing and its medium-term effects on...
Persistent link: https://www.econbiz.de/10008869215
Does heterogeneity in the educational backgrounds of the founders matter for firm success? Are team foundations more successful than single entrepreneurs? These questions are analysed using data on academic spinoffs in Germany. Firm success is measured by employment growth. I find that team...
Persistent link: https://www.econbiz.de/10008474661
This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two...
Persistent link: https://www.econbiz.de/10005097622
This empirical analysis deals with the determinants of growth and the explanation of variations in the growth between innovative and non-innovative start-ups. Based on theoretical models explaining the growth of firms, hypotheses on potential determinants are formulated. The regression results...
Persistent link: https://www.econbiz.de/10005097702