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One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk …
Persistent link: https://www.econbiz.de/10010519937
We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …
Persistent link: https://www.econbiz.de/10010528295
Persistent link: https://www.econbiz.de/10001836266
1974. In 1973, Israel Kirzner published his classic book, Competition and Entrepreneurship, which outlined an …, however, entrepreneurial studies began about the same time as the Austrian revival. The beginnings of the entrepreneurship … sides of entrepreneurship / Ulrich Witt -- The business firm as a hybrid hayekian order : what is the role of the …
Persistent link: https://www.econbiz.de/10009630890
This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a result of the rate of return differentials due...
Persistent link: https://www.econbiz.de/10012263312
Persistent link: https://www.econbiz.de/10001816132
This paper extends a new line of research on urban squatting that focuses on the role of the squatter organizer. The model replaces the benevolent organizer from previous studies with a collection of competing, rent-seeking squatter organizers, a structure that may offer a realistic picture of...
Persistent link: https://www.econbiz.de/10009621780
How does electoral accountability affect the effectiveness of terrorism prevention in a democracy? We analyze the connection between electoral accountability and policy effectiveness in the context of terrorism prevention. We develop a formal model of an interaction between a government, a...
Persistent link: https://www.econbiz.de/10003913208
Persistent link: https://www.econbiz.de/10003497819
This paper analyses the welfare effects of a change from centralized to decentralized political authority. The potential disadvantage with decentralization in our model is that local dominant groups with rather extreme preferences may win the vote and implement policies that harm the well-being...
Persistent link: https://www.econbiz.de/10011509456