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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. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10010264224

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

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

Do entrepreneurs matter?

Becker, Sascha O.; Hvide, Hans K. - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10010291523

How do judgmental overconfidence and overoptimism shape innovative activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...

Persistent link: https://www.econbiz.de/10010291552

Distribution of natural resources, entrepreneurship, and economic development : growth dynamics with two elites

Falkinger, Josef; Grossmann, Volker - 2005

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

Persistent link: https://www.econbiz.de/10010261348

Entrepreneurship, economic conditions, and the Great Recession

Fairlie, Robert W. - 2013

opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …

Persistent link: https://www.econbiz.de/10010291884

The impact of city contracting set-asides on black self-employment and employment

Chatterji, Aaron K.; Chay, Kenneth Y.; Fairlie, Robert W. - 2013

In the 1980s, many U.S. cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rates of African-American men. Black...

Persistent link: https://www.econbiz.de/10010292800

Lifting the Iron Curtain: School-age Education and Entrepreneurial Intentions

Falck, Oliver; Gold, Robert; Heblich, Stephan - 2015

We exploit Germany’s reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and...

Persistent link: https://www.econbiz.de/10011388221

Employee Spinouts, Social Networks, and Family Firms

Rauch, James E. - 2013

spin out. This is shown to predict the association of co-ethnic networks with high rates of entrepreneurship and the …

Persistent link: https://www.econbiz.de/10010328762