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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades …
Persistent link: https://www.econbiz.de/10010264224
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Greasing the wheels of entrepreneurship?: the impact of regulations and corruption on firm entry
Dreher, Axel; Gassebner, Martin - 2007
The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on … entrepreneurship in highly regulated economies. Our empirical analysis for a maximum of 43 countries over the period 2003-2005 shows …
Persistent link: https://www.econbiz.de/10010264142
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Brain drain in the age of mass migration: Does relative inequality explain migrant selectivity?
Stolz, Yvonne; Baten, Jörg - 2012
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10010280801
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Imperfect transmission of tacit knowledge and other barriers to entrepreneurship
Kanniainen, Vesa; Poutvaara, Panu - 2007
This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate … entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with … access to within-family ownership transfer, the outside market for entrepreneurship operates as a lemon's market. This …
Persistent link: https://www.econbiz.de/10010264173
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Entrepreneurship, organization capital and the evolution of the firm
Oshima, Atsushi; Ravikumar, B.; Riezman, Raymond - 2008
We view the entrepreneur as an agent who possesses human capital in the form of specific skills or talents. When she starts a firm, her human capital is essential to the firm and it has substantial private value. The entrepreneur transforms her human capital over time into what we call...
Persistent link: https://www.econbiz.de/10010264321
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Bankruptcy: is it enough to forgive or must we also forget?
Elul, Ronel; Gottardi, Piero - 2008
In many countries, lenders are not permitted to use information about past defaults after a specified period of time has elapsed. We model this provision and determine conditions under which it is optimal. We develop a model in which entrepreneurs must repeatedly seek external funds to finance a...
Persistent link: https://www.econbiz.de/10010264371
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Self-selection and advice in venture capital finance
Keuschnigg, Christian; Nielsen, Søren Bo - 2007
level and quality of entrepreneurship and the level of effort by entrepreneurs and venture capitalists. We also provide …
Persistent link: https://www.econbiz.de/10010276036
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Nordic dual income taxation of entrepreneurs
Kanniainen, Vesa; Kari, Seppo; Ylä-Liedenpohja, Jouko - 2005
The paper shows how entrepreneurial taxes interact with the career choice of individuals, the quality of entrepreneurs, and their effort and investments. It is particularly relevant to differentiate the early effects on start-up enterprises with substantial uncertainty from the tax effects on...
Persistent link: https://www.econbiz.de/10010261388
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Should continued family firms face lower taxes than other estates?
Grossmann, Volker; Strulik, Holger - 2008
entrepreneurship. Here, we investigate analytically and quantitatively the trade-off between transaction costs saved and creative …
Persistent link: https://www.econbiz.de/10010264315
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Identity and entrepreneurship
Falck, Oliver; Heblich, Stephan; Lüdemann, Elke - 2009
We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual's identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual's socialization. This could be...
Persistent link: https://www.econbiz.de/10010273805